TOPTEC Co. Ltd (108230) - Net Assets
Based on the latest financial reports, TOPTEC Co. Ltd (108230) has net assets worth ₩387.84 Billion KRW (≈ $262.84 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩555.60 Billion ≈ $376.53 Million USD) and total liabilities (₩167.76 Billion ≈ $113.69 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 108230 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩387.84 Billion |
| % of Total Assets | 69.81% |
| Annual Growth Rate | 11.3% |
| 5-Year Change | 31.15% |
| 10-Year Change | 105.16% |
| Growth Volatility | 21.63 |
TOPTEC Co. Ltd - Net Assets Trend (2010–2025)
This chart illustrates how TOPTEC Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of TOPTEC Co. Ltd for the complete picture of this company's asset base.
Annual Net Assets for TOPTEC Co. Ltd (2010–2025)
The table below shows the annual net assets of TOPTEC Co. Ltd from 2010 to 2025. For live valuation and market cap data, see market value of TOPTEC Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩387.84 Billion ≈ $262.84 Million |
-6.41% |
| 2024-12-31 | ₩414.40 Billion ≈ $280.84 Million |
+5.53% |
| 2023-12-31 | ₩392.68 Billion ≈ $266.11 Million |
+25.32% |
| 2022-12-31 | ₩313.35 Billion ≈ $212.35 Million |
+5.96% |
| 2021-12-31 | ₩295.72 Billion ≈ $200.41 Million |
-18.46% |
| 2020-12-31 | ₩362.68 Billion ≈ $245.78 Million |
+8.56% |
| 2019-12-31 | ₩334.07 Billion ≈ $226.39 Million |
-0.20% |
| 2018-12-31 | ₩334.72 Billion ≈ $226.84 Million |
+2.04% |
| 2017-12-31 | ₩328.04 Billion ≈ $222.31 Million |
+73.53% |
| 2016-12-31 | ₩189.04 Billion ≈ $128.11 Million |
+27.30% |
| 2015-12-31 | ₩148.50 Billion ≈ $100.64 Million |
+32.77% |
| 2014-12-31 | ₩111.85 Billion ≈ $75.80 Million |
+2.13% |
| 2013-12-31 | ₩109.52 Billion ≈ $74.22 Million |
+9.50% |
| 2012-12-31 | ₩100.01 Billion ≈ $67.78 Million |
+28.44% |
| 2010-12-31 | ₩77.87 Billion ≈ $52.77 Million |
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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 112882.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩262.72 Billion | 68.35% |
| Other Components | ₩121.66 Billion | 31.65% |
| Total Equity | ₩384.37 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 |
|---|---|
|
Poh Kong Holdings Bhd
KLSE:5080
|
$114.36 Million |
|
P2 Gold Inc
V:PGLD
|
$114.47 Million |
|
Acconeer AB
ST:ACCON
|
$114.55 Million |
|
CF Acquisition VII Corp
NASDAQ:CFFS
|
$114.61 Million |
|
Azerion Group N.V.
AS:AZRN
|
$114.29 Million |
|
Repare Therapeutics Inc
NASDAQ:RPTX
|
$114.24 Million |
|
Daihan Pharmaceutical Co.Ltd
KQ:023910
|
$114.16 Million |
|
Humanica Public Company Limited
BK:HUMAN
|
$114.16 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 2024 to 2025, total equity changed from 403,564,900,230 to 384,373,891,590, a change of -19,191,008,640 (-4.8%).
- Net loss of 14,753,322,030 reduced equity.
- Dividend payments of 5,465,338,200 reduced retained earnings.
- Share repurchases of 54,847,050 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-14.75 Billion | -3.84% |
| Dividends Paid | ₩5.47 Billion | -1.42% |
| Share Repurchases | ₩54.85 Million | -0.01% |
| Other Changes | ₩1.08 Billion | +0.28% |
| Total Change | ₩- | -4.76% |
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: 0.44x
- 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 0.89x 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 | ₩5137.02 | ₩4590.00 | x |
| 2017-12-31 | ₩9140.32 | ₩4590.00 | x |
| 2018-12-31 | ₩9616.06 | ₩4590.00 | x |
| 2019-12-31 | ₩9597.23 | ₩4590.00 | x |
| 2020-12-31 | ₩10064.45 | ₩4590.00 | x |
| 2021-12-31 | ₩8206.41 | ₩4590.00 | x |
| 2022-12-31 | ₩8695.52 | ₩4590.00 | x |
| 2023-12-31 | ₩10523.70 | ₩4590.00 | x |
| 2024-12-31 | ₩11076.12 | ₩4590.00 | x |
| 2025-12-31 | ₩10549.41 | ₩4590.00 | 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): -3.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.63%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.45x
- Recent ROE (-3.84%) is below the historical average (7.91%), 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 | 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 |
| 2025 | -3.84% | -8.63% | 0.31x | 1.45x | ₩-53.19 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: $100,415,805,899
- Average return on equity (ROE) among peers: 3.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TOPTEC Co. Ltd (108230) | ₩387.84 Billion | 16.98% | 0.43x | $114.30 Million |
| PSK HOLDINGS Inc (031980) | $134.19 Billion | 8.61% | 0.17x | $459.89 Million |
| Fidelix Co. Ltd (032580) | $29.49 Billion | 12.01% | 1.19x | $22.13 Million |
| Cloud Air Co.Ltd (036170) | $84.27 Billion | -13.72% | 0.25x | $148.12 Million |
| UNISEM Co. Ltd (036200) | $58.37 Billion | 4.17% | 0.73x | $225.30 Million |
| JUSUNG ENGINEERING Co. Ltd (036930) | $169.21 Billion | 0.00% | 0.26x | $4.12 Billion |
| Lumens Co. Ltd (038060) | $221.56 Billion | -2.75% | 0.53x | $37.16 Million |
| iA Inc (038880) | $91.84 Billion | 14.29% | 0.56x | $149.31 Million |
| meerecompany Incorporated (049950) | $70.94 Billion | 18.07% | 0.57x | $79.45 Million |
| I&C Technology Co. Ltd (052860) | $42.66 Billion | -12.82% | 0.52x | $66.41 Million |
| KMH Hitech Co. Ltd (052900) | $101.62 Billion | 4.69% | 0.78x | $37.41 Million |
About 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