Finetechnix. Co.Ltd (106240) - Net Assets
Based on the latest financial reports, Finetechnix. Co.Ltd (106240) has net assets worth ₩82.90 Billion KRW (≈ $56.18 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩130.55 Billion ≈ $88.48 Million USD) and total liabilities (₩47.65 Billion ≈ $32.29 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Finetechnix. Co.Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩82.90 Billion |
| % of Total Assets | 63.5% |
| Annual Growth Rate | 2.85% |
| 5-Year Change | 25.78% |
| 10-Year Change | -22.03% |
| Growth Volatility | 39.05 |
Finetechnix. Co.Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Finetechnix. Co.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Finetechnix. Co.Ltd (106240) total assets for the complete picture of this company's asset base.
Annual Net Assets for Finetechnix. Co.Ltd (2009–2024)
The table below shows the annual net assets of Finetechnix. Co.Ltd from 2009 to 2024. For live valuation and market cap data, see 106240 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩76.75 Billion ≈ $52.01 Million |
-25.39% |
| 2023-12-31 | ₩102.87 Billion ≈ $69.71 Million |
+16.09% |
| 2022-12-31 | ₩88.61 Billion ≈ $60.05 Million |
-32.83% |
| 2021-12-31 | ₩131.91 Billion ≈ $89.40 Million |
+116.19% |
| 2020-12-31 | ₩61.02 Billion ≈ $41.35 Million |
+7.33% |
| 2019-12-31 | ₩56.85 Billion ≈ $38.53 Million |
+22.51% |
| 2018-12-31 | ₩46.40 Billion ≈ $31.45 Million |
-25.17% |
| 2017-12-31 | ₩62.01 Billion ≈ $42.02 Million |
-40.05% |
| 2016-12-31 | ₩103.45 Billion ≈ $70.10 Million |
+5.10% |
| 2015-12-31 | ₩98.43 Billion ≈ $66.70 Million |
-18.19% |
| 2014-12-31 | ₩120.32 Billion ≈ $81.54 Million |
+33.16% |
| 2013-12-31 | ₩90.35 Billion ≈ $61.23 Million |
-8.73% |
| 2012-12-31 | ₩99.00 Billion ≈ $67.09 Million |
-4.56% |
| 2011-12-31 | ₩103.72 Billion ≈ $70.29 Million |
+56.98% |
| 2010-12-31 | ₩66.07 Billion ≈ $44.78 Million |
+31.33% |
| 2009-12-31 | ₩50.31 Billion ≈ $34.10 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Finetechnix. Co.Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 25866074583000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩258.66 Billion | 337.03% |
| Common Stock | ₩7.96 Billion | 10.37% |
| Total Equity | ₩76.75 Billion | 100.00% |
Finetechnix. Co.Ltd Competitors by Market Cap
The table below lists competitors of Finetechnix. Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
REDCO PRP GROUP LTD -05
F:8KI
|
$54.40 Million |
|
Herantis Pharma Oyj
HE:HRTIS
|
$54.41 Million |
|
PanGen Biotech Inc
KQ:222110
|
$54.41 Million |
|
Duran-Dogan Basim ve Ambalaj Sanayi AS
IS:DURDO
|
$54.43 Million |
|
MCE Holdings Bhd
KLSE:7004
|
$54.38 Million |
|
Leading Edge Materials Corp
V:LEM
|
$54.37 Million |
|
Qilian International Holding Group Limited
NASDAQ:BGM
|
$54.37 Million |
|
ABO Group
BR:ABO
|
$54.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Finetechnix. Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 91,229,229,440 to 76,747,298,470, a change of -14,481,930,970 (-15.9%).
- Net loss of 4,988,632,630 reduced equity.
- Dividend payments of 1,058,841,000 reduced retained earnings.
- Other factors decreased equity by 8,434,457,340.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-4.99 Billion | -6.5% |
| Dividends Paid | ₩1.06 Billion | -1.38% |
| Other Changes | ₩-8.43 Billion | -10.99% |
| Total Change | ₩- | -15.87% |
Book Value vs Market Value Analysis
This analysis compares Finetechnix. Co.Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.44x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.69x to 0.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩3099.27 | ₩2140.00 | x |
| 2017-12-31 | ₩1789.45 | ₩2140.00 | x |
| 2018-12-31 | ₩1237.39 | ₩2140.00 | x |
| 2019-12-31 | ₩1330.29 | ₩2140.00 | x |
| 2020-12-31 | ₩1409.21 | ₩2140.00 | x |
| 2021-12-31 | ₩8304.17 | ₩2140.00 | x |
| 2022-12-31 | ₩5582.97 | ₩2140.00 | x |
| 2023-12-31 | ₩5747.86 | ₩2140.00 | x |
| 2024-12-31 | ₩4835.43 | ₩2140.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Finetechnix. Co.Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.64%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.94x
- Recent ROE (-6.50%) is below the historical average (20.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 24.52% | 3.61% | 1.36x | 5.01x | ₩5.62 Billion |
| 2011 | 13.91% | 2.33% | 0.98x | 6.12x | ₩2.13 Billion |
| 2012 | 11.18% | 1.63% | 1.27x | 5.40x | ₩738.63 Million |
| 2014 | 16.92% | 4.22% | 1.11x | 3.60x | ₩6.30 Billion |
| 2015 | 6.25% | 3.70% | 0.51x | 3.31x | ₩-3.69 Billion |
| 2016 | 1.18% | 0.56% | 0.86x | 2.43x | ₩-9.13 Billion |
| 2017 | -66.23% | -23.47% | 0.88x | 3.21x | ₩-47.27 Billion |
| 2018 | -47.30% | -16.93% | 0.83x | 3.37x | ₩-26.59 Billion |
| 2019 | 0.53% | 0.23% | 0.95x | 2.50x | ₩-5.38 Billion |
| 2020 | 8.91% | 3.20% | 1.22x | 2.28x | ₩-665.04 Million |
| 2021 | 38.76% | 11.80% | 1.29x | 2.54x | ₩37.94 Billion |
| 2022 | 282.84% | 487.05% | 0.31x | 1.85x | ₩241.77 Billion |
| 2023 | -4.09% | -6.26% | 0.35x | 1.87x | ₩-12.85 Billion |
| 2024 | -6.50% | -8.64% | 0.39x | 1.94x | ₩-12.66 Billion |
Industry Comparison
This section compares Finetechnix. Co.Ltd's net assets metrics with peer companies in the Computers, Phones & Household Electronics industry.
Industry Context
- Industry: Computers, Phones & Household Electronics
- Average net assets among peers: $59,207,156,524
- Average return on equity (ROE) among peers: 1.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Finetechnix. Co.Ltd (106240) | ₩82.90 Billion | 24.52% | 0.57x | $54.39 Million |
| TJ media Co. Ltd (032540) | $85.30 Billion | 5.44% | 0.46x | $35.59 Million |
| Korea Information Engineering Services Co. Ltd (039740) | $58.61 Billion | 0.68% | 0.25x | $22.12 Million |
| Digital Graphics Incorporation (043360) | $50.76 Billion | -2.66% | 0.12x | $15.92 Million |
| Atec Co. Ltd (045660) | $12.86 Billion | 0.00% | 1.03x | $51.41 Million |
| UIL Co. Ltd (049520) | $113.75 Billion | 5.13% | 0.26x | $59.57 Million |
| Hansol Inticube Co. Ltd (070590) | $23.67 Billion | -3.76% | 0.72x | $17.95 Million |
| Yulho Co. Ltd (072770) | $16.23 Billion | 0.00% | 0.82x | $17.23 Million |
| Optrontec Inc (082210) | $97.20 Billion | 3.63% | 1.39x | $27.93 Million |
| Korea Computer Terminal Inc (089150) | $38.46 Billion | 3.13% | 0.69x | $40.39 Million |
| SEOWONINTECH.Co.Ltd (093920) | $95.24 Billion | 0.00% | 0.41x | $65.67 Million |
About Finetechnix. Co.Ltd
Finetechnix. Co.,Ltd. develops, manufactures, and sells LED lighting products in Korea. The company offers LED tubes and bulbs; and LED panel light, LED bulb spot, high power ceiling, flood, street, down lights. It also provides top and bottom chassis, lamp reflector, case category, back cover, and inverter bracket assembly products; hinge modules, OLEDs, actuators, die casting cases, insert mold… Read more