Tesna Inc (131970) - Net Assets
Based on the latest financial reports, Tesna Inc (131970) has net assets worth ₩437.08 Billion KRW (≈ $296.20 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 (₩703.78 Billion ≈ $476.94 Million USD) and total liabilities (₩266.70 Billion ≈ $180.74 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 131970 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩437.08 Billion |
| % of Total Assets | 62.1% |
| Annual Growth Rate | 19.27% |
| 5-Year Change | 66.56% |
| 10-Year Change | 647.37% |
| Growth Volatility | 27.9 |
Tesna Inc - Net Assets Trend (2014–2025)
This chart illustrates how Tesna Inc's net assets have evolved over time, based on quarterly financial data. Also explore 131970 asset base for the complete picture of this company's asset base.
Annual Net Assets for Tesna Inc (2014–2025)
The table below shows the annual net assets of Tesna Inc from 2014 to 2025. For live valuation and market cap data, see Tesna Inc (131970) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩437.08 Billion ≈ $296.20 Million |
-0.13% |
| 2024-12-31 | ₩437.67 Billion ≈ $296.60 Million |
+8.43% |
| 2023-12-31 | ₩403.64 Billion ≈ $273.54 Million |
+30.28% |
| 2022-12-31 | ₩309.83 Billion ≈ $209.97 Million |
+18.07% |
| 2021-12-31 | ₩262.41 Billion ≈ $177.83 Million |
+17.24% |
| 2020-12-31 | ₩223.83 Billion ≈ $151.69 Million |
+37.06% |
| 2019-12-31 | ₩163.31 Billion ≈ $110.68 Million |
+100.51% |
| 2018-12-31 | ₩81.45 Billion ≈ $55.20 Million |
+21.57% |
| 2017-12-31 | ₩67.00 Billion ≈ $45.40 Million |
+14.56% |
| 2016-12-31 | ₩58.48 Billion ≈ $39.63 Million |
+0.72% |
| 2015-12-31 | ₩58.06 Billion ≈ $39.35 Million |
-7.72% |
| 2014-12-31 | ₩62.92 Billion ≈ $42.64 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tesna 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 531.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩292.22 Billion | 66.86% |
| Other Components | ₩144.86 Billion | 33.14% |
| Total Equity | ₩437.08 Billion | 100.00% |
Tesna Inc Competitors by Market Cap
The table below lists competitors of Tesna Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MH Robot & Automation Co. Ltd.
SHE:301199
|
$588.13 Million |
|
Gladstone Commercial Corporation
NASDAQ:GOOD
|
$588.44 Million |
|
Calian Technologies Ltd
TO:CGY
|
$588.57 Million |
|
Surya Roshni Limited
NSE:SURYAROSNI
|
$588.61 Million |
|
China BlueChemical Ltd
F:H1Q
|
$587.92 Million |
|
Groupe CRIT SA
PA:CEN
|
$587.89 Million |
|
CK Power Public Company Limited
BK:CKP
|
$587.86 Million |
|
RattanIndia Power Limited
NSE:RTNPOWER
|
$587.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tesna Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 437,666,508,000 to 437,076,674,000, a change of -589,834,000 (-0.1%).
- Net income of 1,510,043,000 contributed positively to equity growth.
- Dividend payments of 3,078,165,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.51 Billion | +0.35% |
| Dividends Paid | ₩3.08 Billion | -0.7% |
| Other Changes | ₩978.29 Million | +0.22% |
| Total Change | ₩- | -0.13% |
Book Value vs Market Value Analysis
This analysis compares Tesna 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: 5.75x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 29.82x to 5.75x 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 | ₩4383.09 | ₩130700.00 | x |
| 2017-12-31 | ₩5021.41 | ₩130700.00 | x |
| 2018-12-31 | ₩6104.51 | ₩130700.00 | x |
| 2019-12-31 | ₩12077.14 | ₩130700.00 | x |
| 2020-12-31 | ₩15256.86 | ₩130700.00 | x |
| 2021-12-31 | ₩17886.52 | ₩130700.00 | x |
| 2022-12-31 | ₩21118.99 | ₩130700.00 | x |
| 2023-12-31 | ₩23858.66 | ₩130700.00 | x |
| 2024-12-31 | ₩25870.09 | ₩130700.00 | x |
| 2025-12-31 | ₩22718.82 | ₩130700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tesna 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): 0.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.50%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.61x
- Recent ROE (0.35%) is below the historical average (10.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 7.46% | 9.81% | 0.48x | 1.58x | ₩-1.60 Billion |
| 2015 | -7.22% | -12.39% | 0.41x | 1.43x | ₩-10.00 Billion |
| 2016 | 1.27% | 2.44% | 0.39x | 1.34x | ₩-5.11 Billion |
| 2017 | 13.42% | 19.06% | 0.49x | 1.44x | ₩2.29 Billion |
| 2018 | 19.93% | 24.87% | 0.58x | 1.37x | ₩8.09 Billion |
| 2019 | 13.11% | 22.12% | 0.28x | 2.10x | ₩5.08 Billion |
| 2020 | 16.63% | 28.09% | 0.29x | 2.04x | ₩14.84 Billion |
| 2021 | 17.97% | 22.72% | 0.39x | 2.03x | ₩20.93 Billion |
| 2022 | 16.89% | 18.85% | 0.36x | 2.48x | ₩21.35 Billion |
| 2023 | 12.16% | 14.49% | 0.44x | 1.89x | ₩8.71 Billion |
| 2024 | 8.40% | 9.86% | 0.47x | 1.80x | ₩-6.99 Billion |
| 2025 | 0.35% | 0.50% | 0.43x | 1.61x | ₩-42.20 Billion |
Industry Comparison
This section compares Tesna Inc'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 |
|---|---|---|---|---|
| Tesna Inc (131970) | ₩437.08 Billion | 7.46% | 0.61x | $588.05 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 Tesna Inc
DOOSAN TESNA Inc. provides semiconductor testing services in South Korea. The company offers test program development, wafer probe test, package final test, backend, and turn-key services. It provides test services for various semiconductors used in mobile devices, automobiles, appliances, industrial goods, and security. The company was formerly known as Tesna Inc. and changed its name to DOOSAN … Read more