Parksystems Corp (140860) - Net Assets
Based on the latest financial reports, Parksystems Corp (140860) has net assets worth ₩218.28 Billion KRW (≈ $147.93 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 (₩323.13 Billion ≈ $218.98 Million USD) and total liabilities (₩104.85 Billion ≈ $71.05 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 how resilient are Parksystems Corp's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩218.28 Billion |
| % of Total Assets | 67.55% |
| Annual Growth Rate | 42.03% |
| 5-Year Change | 254.0% |
| 10-Year Change | 731.36% |
| Growth Volatility | 83.8 |
Parksystems Corp - Net Assets Trend (2014–2024)
This chart illustrates how Parksystems Corp's net assets have evolved over time, based on quarterly financial data. Also explore how large is Parksystems Corp's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Parksystems Corp (2014–2024)
The table below shows the annual net assets of Parksystems Corp from 2014 to 2024. For live valuation and market cap data, see Parksystems Corp (140860) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩187.91 Billion ≈ $127.34 Million |
+30.96% |
| 2023-12-31 | ₩143.48 Billion ≈ $97.24 Million |
+20.11% |
| 2022-12-31 | ₩119.46 Billion ≈ $80.96 Million |
+32.53% |
| 2021-12-31 | ₩90.14 Billion ≈ $61.09 Million |
+69.82% |
| 2020-12-31 | ₩53.08 Billion ≈ $35.97 Million |
+19.65% |
| 2019-12-31 | ₩44.36 Billion ≈ $30.06 Million |
+22.84% |
| 2018-12-31 | ₩36.11 Billion ≈ $24.47 Million |
+18.18% |
| 2017-12-31 | ₩30.56 Billion ≈ $20.71 Million |
+15.64% |
| 2016-12-31 | ₩26.43 Billion ≈ $17.91 Million |
+16.92% |
| 2015-12-31 | ₩22.60 Billion ≈ $15.32 Million |
+302.12% |
| 2014-12-31 | ₩5.62 Billion ≈ $3.81 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Parksystems Corp'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 6217.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩131.37 Billion | 69.91% |
| Common Stock | ₩3.49 Billion | 1.86% |
| Other Components | ₩53.04 Billion | 28.23% |
| Total Equity | ₩187.91 Billion | 100.00% |
Parksystems Corp Competitors by Market Cap
The table below lists competitors of Parksystems Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Huafon Microfibre Shanghai Co
SHE:300180
|
$1.36 Billion |
|
Kingenta Ecological Engineering Group Co Ltd
SHE:002470
|
$1.36 Billion |
|
Zhejiang Fulai New Material Co.Ltd.
SHG:605488
|
$1.36 Billion |
|
Sanyang Motor Co Ltd
TW:2206
|
$1.36 Billion |
|
Natural Resource Partners LP
NYSE:NRP
|
$1.36 Billion |
|
Genimous Technology Co Ltd
SHE:000676
|
$1.36 Billion |
|
Red Cat Holdings Inc
NASDAQ:RCAT
|
$1.36 Billion |
|
Nanfang Pump Industry
SHE:300145
|
$1.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Parksystems Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 143,484,613,950 to 187,909,793,120, a change of 44,425,179,170 (31.0%).
- Net income of 42,803,661,820 contributed positively to equity growth.
- Dividend payments of 2,768,148,800 reduced retained earnings.
- Share repurchases of 1,165,931,540 reduced equity.
- New share issuances of 1,165,931,540 increased equity.
- Other factors increased equity by 4,389,666,150.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩42.80 Billion | +22.78% |
| Dividends Paid | ₩2.77 Billion | -1.47% |
| Share Repurchases | ₩1.17 Billion | -0.62% |
| Share Issuances | ₩1.17 Billion | +0.62% |
| Other Changes | ₩4.39 Billion | +2.34% |
| Total Change | ₩- | 30.96% |
Book Value vs Market Value Analysis
This analysis compares Parksystems Corp'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: 10.67x
- 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 71.38x to 10.67x 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 | ₩4048.82 | ₩289000.00 | x |
| 2017-12-31 | ₩4636.50 | ₩289000.00 | x |
| 2018-12-31 | ₩5433.95 | ₩289000.00 | x |
| 2019-12-31 | ₩6656.10 | ₩289000.00 | x |
| 2020-12-31 | ₩7995.72 | ₩289000.00 | x |
| 2021-12-31 | ₩13124.52 | ₩289000.00 | x |
| 2022-12-31 | ₩17307.80 | ₩289000.00 | x |
| 2023-12-31 | ₩20739.65 | ₩289000.00 | x |
| 2024-12-31 | ₩27084.06 | ₩289000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Parksystems Corp 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): 22.78%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.45%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.46x
- Recent ROE (22.78%) is above the historical average (14.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -14.58% | -5.36% | 0.86x | 3.15x | ₩-1.38 Billion |
| 2015 | 15.96% | 18.05% | 0.78x | 1.13x | ₩1.35 Billion |
| 2016 | 14.10% | 15.24% | 0.76x | 1.22x | ₩1.08 Billion |
| 2017 | 14.87% | 13.82% | 0.89x | 1.21x | ₩1.49 Billion |
| 2018 | 15.49% | 13.38% | 0.97x | 1.20x | ₩1.98 Billion |
| 2019 | 19.17% | 16.37% | 0.86x | 1.36x | ₩4.07 Billion |
| 2020 | 18.76% | 13.98% | 0.68x | 1.97x | ₩4.65 Billion |
| 2021 | 10.08% | 10.66% | 0.64x | 1.49x | ₩70.96 Million |
| 2022 | 23.43% | 22.47% | 0.75x | 1.40x | ₩16.04 Billion |
| 2023 | 17.12% | 16.96% | 0.72x | 1.41x | ₩10.21 Billion |
| 2024 | 22.78% | 24.45% | 0.64x | 1.46x | ₩24.01 Billion |
Industry Comparison
This section compares Parksystems Corp's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $88,831,043,031
- Average return on equity (ROE) among peers: 7.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Parksystems Corp (140860) | ₩218.28 Billion | -14.58% | 0.48x | $1.36 Billion |
| NanoenTekInc (039860) | $45.49 Billion | 6.02% | 0.16x | $149.06 Million |
| THINKWARE Corporation (084730) | $163.77 Billion | 3.98% | 0.74x | $62.37 Million |
| Suprema HQ Inc (094840) | $174.01 Billion | 7.22% | 0.18x | $70.37 Million |
| Woojin (105840) | $131.03 Billion | -5.57% | 0.61x | $374.32 Million |
| HyVision System. Inc (126700) | $123.98 Billion | 6.77% | 0.34x | $155.89 Million |
| DAIHAN Scientific Co. Ltd (131220) | $17.81 Billion | 7.02% | 0.82x | $23.96 Million |
| LET co. Ltd (297890) | $30.28 Billion | 24.36% | 0.77x | $114.00 Million |
| Wintec Co. Ltd (320000) | $24.28 Billion | 6.43% | 0.60x | $33.57 Million |
About Parksystems Corp
Park Systems Corp. develops, manufactures, and sells atomic force microscopy (AFM) systems worldwide. It provides AFM for research and surface analysis, and in-line metrology; photomask repair; optical profilometry; and nano infrared spectroscopy services. The company also offers ellipsometry for thin film characterization; active vibration isolation; and software, including Park SmartAnalysis, S… Read more