TOPTEC Co. Ltd
TOPTEC Co., Ltd. engages in the factory automation, solar energy, and nano-related businesses in South Korea. It offers display products, such as auto assembly machines; glass handling robot, glass cell cutting, and cell handling robot systems; ITO sputter distribution; and UV dispenser. The company also provides can cap laser welding, JR insert tap welding, round swage, round tab welding, cap as… Read more
TOPTEC Co. Ltd (108230) - Net Assets
Latest net assets as of September 2025: ₩390.55 Billion KRW
Based on the latest financial reports, TOPTEC Co. Ltd (108230) has net assets worth ₩390.55 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩592.52 Billion) and total liabilities (₩201.97 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩390.55 Billion |
| % of Total Assets | 65.91% |
| Annual Growth Rate | 12.68% |
| 5-Year Change | 14.26% |
| 10-Year Change | 179.05% |
| Growth Volatility | 21.67 |
TOPTEC Co. Ltd - Net Assets Trend (2010–2024)
This chart illustrates how TOPTEC Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TOPTEC Co. Ltd (2010–2024)
The table below shows the annual net assets of TOPTEC Co. Ltd from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩414.40 Billion | +5.53% |
| 2023-12-31 | ₩392.68 Billion | +25.32% |
| 2022-12-31 | ₩313.35 Billion | +5.96% |
| 2021-12-31 | ₩295.72 Billion | -18.46% |
| 2020-12-31 | ₩362.68 Billion | +8.56% |
| 2019-12-31 | ₩334.07 Billion | -0.20% |
| 2018-12-31 | ₩334.72 Billion | +2.04% |
| 2017-12-31 | ₩328.04 Billion | +73.53% |
| 2016-12-31 | ₩189.04 Billion | +27.30% |
| 2015-12-31 | ₩148.50 Billion | +32.77% |
| 2014-12-31 | ₩111.85 Billion | +2.13% |
| 2013-12-31 | ₩109.52 Billion | +9.50% |
| 2012-12-31 | ₩100.01 Billion | +28.44% |
| 2010-12-31 | ₩77.87 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TOPTEC 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 121577.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩282.93 Billion | 70.11% |
| Other Components | ₩120.63 Billion | 29.89% |
| Total Equity | ₩403.56 Billion | 100.00% |
TOPTEC Co. Ltd Competitors by Market Cap
The table below lists competitors of TOPTEC Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lizhi Inc
NASDAQ:SOGP
|
$59.32 Million |
|
Haesung Industrial Co. Ltd
KQ:034810
|
$59.32 Million |
|
Bannari Amman Sugars Limited
NSE:BANARISUG
|
$59.33 Million |
|
Absolent Group AB
ST:ABSO
|
$59.39 Million |
|
Sangam (India) Limited
NSE:SANGAMIND
|
$59.28 Million |
|
Prosegur Compañía de Seguridad S.A
PINK:PGCSF
|
$59.27 Million |
|
Aldebaran Resources Inc
OTCQX:ADBRF
|
$59.25 Million |
|
CASH CONVERTERS INTL
F:UKC
|
$59.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TOPTEC Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 379,227,881,350 to 403,564,900,230, a change of 24,337,018,880 (6.4%).
- Net income of 35,502,734,800 contributed positively to equity growth.
- Dividend payments of 10,930,676,400 reduced retained earnings.
- Share repurchases of 18,888,970 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩35.50 Billion | +8.8% |
| Dividends Paid | ₩10.93 Billion | -2.71% |
| Share Repurchases | ₩18.89 Million | -0.0% |
| Other Changes | ₩-216.15 Million | -0.05% |
| Total Change | ₩- | 6.42% |
Book Value vs Market Value Analysis
This analysis compares TOPTEC 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: 0.39x
- 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 0.85x to 0.39x 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 | ₩5137.02 | ₩4370.00 | x |
| 2017-12-31 | ₩9140.32 | ₩4370.00 | x |
| 2018-12-31 | ₩9616.06 | ₩4370.00 | x |
| 2019-12-31 | ₩9597.23 | ₩4370.00 | x |
| 2020-12-31 | ₩10064.45 | ₩4370.00 | x |
| 2021-12-31 | ₩8206.41 | ₩4370.00 | x |
| 2022-12-31 | ₩8695.52 | ₩4370.00 | x |
| 2023-12-31 | ₩10523.70 | ₩4370.00 | x |
| 2024-12-31 | ₩11076.12 | ₩4370.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TOPTEC 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): 8.80%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.50%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.53x
- Recent ROE (8.80%) is above the historical average (8.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 16.98% | 8.36% | 0.87x | 2.34x | ₩5.05 Billion |
| 2012 | 8.35% | 5.63% | 0.91x | 1.64x | ₩-1.65 Billion |
| 2013 | 10.15% | 4.89% | 1.00x | 2.07x | ₩164.95 Million |
| 2014 | 6.05% | 4.10% | 0.78x | 1.88x | ₩-4.42 Billion |
| 2015 | 8.53% | 5.50% | 1.10x | 1.41x | ₩-2.18 Billion |
| 2016 | 13.69% | 6.59% | 0.83x | 2.49x | ₩6.98 Billion |
| 2017 | 45.59% | 13.14% | 2.56x | 1.36x | ₩116.76 Billion |
| 2018 | 5.90% | 6.40% | 0.79x | 1.17x | ₩-13.72 Billion |
| 2019 | 1.10% | 2.19% | 0.37x | 1.35x | ₩-29.75 Billion |
| 2020 | 2.91% | 3.28% | 0.68x | 1.30x | ₩-25.71 Billion |
| 2021 | -25.29% | -45.36% | 0.41x | 1.36x | ₩-104.35 Billion |
| 2022 | 4.66% | 4.23% | 0.72x | 1.53x | ₩-16.75 Billion |
| 2023 | 15.12% | 9.53% | 0.77x | 2.05x | ₩19.40 Billion |
| 2024 | 8.80% | 7.50% | 0.77x | 1.53x | ₩-4.85 Billion |
Industry Comparison
This section compares TOPTEC Co. Ltd's net assets metrics with peer companies in the Semiconductors & Semiconductor Equipment industry.
Industry Context
- Industry: Semiconductors & Semiconductor Equipment
- Average net assets among peers: $97,387,989,500
- Average return on equity (ROE) among peers: 5.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TOPTEC Co. Ltd (108230) | ₩390.55 Billion | 16.98% | 0.52x | $59.29 Million |
| Fidelix Co. Ltd (032580) | $47.55 Billion | -4.64% | 0.19x | $8.98 Million |
| Cloud Air Co.Ltd (036170) | $123.98 Billion | 4.45% | 0.01x | $66.69 Million |
| UNISEM Co. Ltd (036200) | $199.44 Billion | 9.82% | 0.18x | $135.48 Million |
| JUSUNG ENGINEERING Co. Ltd (036930) | $114.13 Billion | 6.75% | 1.70x | $1.42 Billion |
| Lumens Co. Ltd (038060) | $97.80 Billion | 4.10% | 0.50x | $20.25 Million |
| meerecompany Incorporated (049950) | $112.91 Billion | 10.59% | 0.18x | $52.60 Million |
| I&C Technology Co. Ltd (052860) | $44.51 Billion | -0.67% | 0.51x | $23.89 Million |
| KMH Hitech Co. Ltd (052900) | $6.44 Billion | 0.00% | 9.67x | $17.04 Million |
| 3S KOREA Co. Ltd (060310) | $42.99 Billion | 0.00% | 0.66x | $38.66 Million |
| Tokai Carbon Korea Co. Ltd (064760) | $184.14 Billion | 25.45% | 0.16x | $761.70 Million |