BCnC Co. Ltd. (146320) - Net Assets
Based on the latest financial reports, BCnC Co. Ltd. (146320) has net assets worth ₩79.22 Billion KRW (≈ $53.69 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩180.65 Billion ≈ $122.43 Million USD) and total liabilities (₩101.44 Billion ≈ $68.74 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 BCnC Co. Ltd. (146320) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩79.22 Billion |
| % of Total Assets | 43.85% |
| Annual Growth Rate | 43.07% |
| 5-Year Change | 164.52% |
| 10-Year Change | N/A |
| Growth Volatility | 75.4 |
BCnC Co. Ltd. - Net Assets Trend (2019–2025)
This chart illustrates how BCnC Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. See how many days can BCnC Co. Ltd. fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for BCnC Co. Ltd. (2019–2025)
The table below shows the annual net assets of BCnC Co. Ltd. from 2019 to 2025. For live valuation and market cap data, see market value of BCnC Co. Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩78.79 Billion ≈ $53.40 Million |
+7.64% |
| 2024-12-31 | ₩73.20 Billion ≈ $49.61 Million |
-2.10% |
| 2023-12-31 | ₩74.77 Billion ≈ $50.67 Million |
+2.33% |
| 2022-12-31 | ₩73.08 Billion ≈ $49.52 Million |
+145.33% |
| 2021-12-31 | ₩29.79 Billion ≈ $20.19 Million |
+182.05% |
| 2020-12-31 | ₩10.56 Billion ≈ $7.16 Million |
+15.02% |
| 2019-12-31 | ₩9.18 Billion ≈ $6.22 Million |
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Equity Component Analysis
This analysis shows how different components contribute to BCnC 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 303.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩25.86 Billion | 32.94% |
| Other Components | ₩52.65 Billion | 67.06% |
| Total Equity | ₩78.51 Billion | 100.00% |
BCnC Co. Ltd. Competitors by Market Cap
The table below lists competitors of BCnC Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Concorde International Group Ltd.
NASDAQ:YOOV
|
$107.82 Million |
|
Hana Pharm Co Ltd
KO:293480
|
$107.86 Million |
|
Advanced Analog Technology
TWO:3438
|
$107.88 Million |
|
Nava Nakorn Public Company Limited
BK:NNCL
|
$107.89 Million |
|
Kino Polska TV SA
WAR:KPL
|
$107.74 Million |
|
MODISON LIMITED
NSE:MODISONLTD
|
$107.74 Million |
|
Aimei Health Technology Co., Ltd Ordinary Share
NASDAQ:AFJK
|
$107.72 Million |
|
Synergy Innovation Co. Ltd
KQ:048870
|
$107.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BCnC Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 72,917,643,120 to 78,512,239,880, a change of 5,594,596,760 (7.7%).
- Net income of 1,148,867,570 contributed positively to equity growth.
- Other factors increased equity by 4,445,729,190.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.15 Billion | +1.46% |
| Other Changes | ₩4.45 Billion | +5.66% |
| Total Change | ₩- | 7.67% |
Book Value vs Market Value Analysis
This analysis compares BCnC 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: 2.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 16.86x to 2.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₩742.37 | ₩12520.00 | x |
| 2020-12-31 | ₩853.89 | ₩12520.00 | x |
| 2021-12-31 | ₩2408.40 | ₩12520.00 | x |
| 2022-12-31 | ₩5955.37 | ₩12520.00 | x |
| 2023-12-31 | ₩5886.20 | ₩12520.00 | x |
| 2024-12-31 | ₩5743.58 | ₩12520.00 | x |
| 2025-12-31 | ₩6181.82 | ₩12520.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BCnC 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): 1.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.31%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 2.26x
- Recent ROE (1.46%) is below the historical average (10.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 19.46% | 5.24% | 0.81x | 4.56x | ₩868.52 Million |
| 2020 | 18.48% | 4.12% | 0.84x | 5.35x | ₩895.51 Million |
| 2021 | 24.64% | 11.42% | 0.92x | 2.34x | ₩4.36 Billion |
| 2022 | 13.69% | 12.20% | 0.74x | 1.52x | ₩2.70 Billion |
| 2023 | 1.66% | 1.90% | 0.49x | 1.80x | ₩-6.22 Billion |
| 2024 | -3.13% | -2.95% | 0.48x | 2.22x | ₩-9.57 Billion |
| 2025 | 1.46% | 1.31% | 0.49x | 2.26x | ₩-6.70 Billion |
Industry Comparison
This section compares BCnC Co. Ltd.'s net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $263,420,049,432
- Average return on equity (ROE) among peers: 0.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BCnC Co. Ltd. (146320) | ₩79.22 Billion | 19.46% | 1.28x | $107.76 Million |
| D I Corp (003160) | $117.06 Billion | 2.57% | 0.53x | $512.19 Million |
| Samick Thk (004380) | $79.42 Billion | 14.27% | 1.15x | $139.72 Million |
| PSMC CO. Ltd (024850) | $68.55 Billion | 0.00% | 0.61x | $1.35 Billion |
| Mirae Corporation (025560) | $37.87 Billion | -34.37% | 0.71x | $130.46 Million |
| KC Co. Ltd (029460) | $658.99 Billion | 7.27% | 0.33x | $254.27 Million |
| MK Electron Co. Ltd (033160) | $977.12 Billion | -3.61% | 1.36x | $424.98 Million |
| Signetics Corporation (033170) | $147.33 Billion | -4.23% | 0.36x | $31.95 Million |
| Nepes Corporation (033640) | $131.22 Billion | 5.04% | 1.35x | $567.26 Million |
| EO Technics Co. Ltd (039030) | $389.21 Billion | 3.11% | 0.15x | $4.24 Billion |
| STI Co. Ltd (039440) | $27.44 Billion | 14.54% | 0.79x | $303.11 Million |
About BCnC Co. Ltd.
BCnC Co., Ltd. manufactures and sells semiconductor parts in South Korea and internationally. It offers parts for semiconductor using materials, such as synthetic and natural quartz, silicon, ceramic, and alumina. The company was founded in 2003 and is based in Icheon-si, South Korea.