ITEK Inc
ITEK, Inc. provides various semiconductor test services in South Korea. The company test services include wafer probe test, final test, backend, and turnkey services. It also provides design-to-test solutions, such as test development, test vector conversion, probe card and load board design, test data management, and test status and yield monitor solutions; and solutions for logic, mixed signal,… Read more
ITEK Inc (119830) - Net Assets
Latest net assets as of September 2025: ₩172.91 Billion KRW
Based on the latest financial reports, ITEK Inc (119830) has net assets worth ₩172.91 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 (₩220.68 Billion) and total liabilities (₩47.77 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 | ₩172.91 Billion |
| % of Total Assets | 78.35% |
| Annual Growth Rate | 21.38% |
| 5-Year Change | 109.02% |
| 10-Year Change | 612.57% |
| Growth Volatility | 19.05 |
ITEK Inc - Net Assets Trend (2014–2024)
This chart illustrates how ITEK Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ITEK Inc (2014–2024)
The table below shows the annual net assets of ITEK Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩164.71 Billion | +11.69% |
| 2023-12-31 | ₩147.47 Billion | +5.12% |
| 2022-12-31 | ₩140.28 Billion | +29.55% |
| 2021-12-31 | ₩108.29 Billion | +37.42% |
| 2020-12-31 | ₩78.80 Billion | +57.36% |
| 2019-12-31 | ₩50.08 Billion | +33.94% |
| 2018-12-31 | ₩37.39 Billion | +43.34% |
| 2017-12-31 | ₩26.08 Billion | +6.31% |
| 2016-12-31 | ₩24.54 Billion | +6.15% |
| 2015-12-31 | ₩23.12 Billion | -2.59% |
| 2014-12-31 | ₩23.73 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ITEK Inc'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 210.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩25.64 Billion | 15.57% |
| Common Stock | ₩10.72 Billion | 6.51% |
| Other Components | ₩128.35 Billion | 77.92% |
| Total Equity | ₩164.71 Billion | 100.00% |
ITEK Inc Competitors by Market Cap
The table below lists competitors of ITEK Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bike24 Holding AG
F:BIKE
|
$78.95 Million |
|
Tenax Therapeutics Inc
NASDAQ:TENX
|
$78.98 Million |
|
Townsquare Media Inc
NYSE:TSQ
|
$79.00 Million |
|
Kerevitas Gida Sanayi ve Ticaret AS
IS:KERVT
|
$79.01 Million |
|
Cullman Bancorp Inc.
NASDAQ:CULL
|
$78.92 Million |
|
Boa Safra Sementes S.A
SA:SOJA3
|
$78.90 Million |
|
Empire Petroleum Corp
NYSE MKT:EP
|
$78.89 Million |
|
Aekyung Industrial Co Ltd
KO:018250
|
$78.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ITEK Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 143,932,662,810 to 164,710,448,500, a change of 20,777,785,690 (14.4%).
- Net income of 21,038,395,130 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩21.04 Billion | +12.77% |
| Other Changes | ₩-260.61 Million | -0.16% |
| Total Change | ₩- | 14.44% |
Book Value vs Market Value Analysis
This analysis compares ITEK Inc'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: 0.89x
- 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 1.45x to 0.89x 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 | ₩4710.44 | ₩6850.00 | x |
| 2017-12-31 | ₩4948.54 | ₩6850.00 | x |
| 2018-12-31 | ₩5859.15 | ₩6850.00 | x |
| 2019-12-31 | ₩5276.31 | ₩6850.00 | x |
| 2020-12-31 | ₩5476.98 | ₩6850.00 | x |
| 2021-12-31 | ₩5839.81 | ₩6850.00 | x |
| 2022-12-31 | ₩7113.46 | ₩6850.00 | x |
| 2023-12-31 | ₩6760.16 | ₩6850.00 | x |
| 2024-12-31 | ₩7736.04 | ₩6850.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ITEK Inc 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): 12.77%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 33.96%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.39x
- Recent ROE (12.77%) is above the historical average (0.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 2.55x | ₩-2.37 Billion |
| 2015 | -2.53% | -2.55% | 0.47x | 2.11x | ₩-2.90 Billion |
| 2016 | 5.84% | 5.56% | 0.55x | 1.90x | ₩-1.02 Billion |
| 2017 | 5.80% | 5.85% | 0.53x | 1.88x | ₩-1.10 Billion |
| 2018 | 4.22% | 5.10% | 0.26x | 3.20x | ₩-2.16 Billion |
| 2019 | -16.53% | -17.60% | 0.50x | 1.90x | ₩-13.28 Billion |
| 2020 | -6.66% | -11.52% | 0.31x | 1.86x | ₩-13.13 Billion |
| 2021 | -7.19% | -12.03% | 0.44x | 1.37x | ₩-18.62 Billion |
| 2022 | 15.80% | 28.92% | 0.43x | 1.28x | ₩8.14 Billion |
| 2023 | -5.15% | -14.18% | 0.24x | 1.53x | ₩-21.80 Billion |
| 2024 | 12.77% | 33.96% | 0.27x | 1.39x | ₩4.57 Billion |
Industry Comparison
This section compares ITEK Inc's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $128,266,771,899
- Average return on equity (ROE) among peers: -0.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ITEK Inc (119830) | ₩172.91 Billion | 0.00% | 0.28x | $78.94 Million |
| D I Corp (003160) | $167.74 Billion | 0.65% | 0.91x | $431.82 Million |
| Samick Thk (004380) | $79.31 Billion | 5.11% | 0.99x | $42.11 Million |
| PSMC CO. Ltd (024850) | $22.26 Billion | -14.70% | 0.84x | $196.26 Million |
| Mirae Corporation (025560) | $38.02 Billion | 0.00% | 1.53x | $27.97 Million |
| MK Electron Co. Ltd (033160) | $352.21 Billion | 7.86% | 4.63x | $116.29 Million |
| Signetics Corporation (033170) | $147.33 Billion | -4.23% | 0.36x | $27.88 Million |
| Nepes Corporation (033640) | $120.68 Billion | 0.00% | 0.99x | $198.76 Million |
| EO Technics Co. Ltd (039030) | $163.17 Billion | 20.30% | 0.48x | $2.23 Billion |
| Hanmi Semicon (042700) | $127.29 Billion | 5.51% | 0.44x | $8.58 Billion |
| Gigalane Co Ltd (049080) | $64.66 Billion | -20.68% | 1.35x | $19.35 Million |