Avatec Co. Ltd
Avatec Co., Ltd. engages in the production and sale of vacuum thin film coating products for displays. The company offers displays, including LCD and OLED etching/ITO coatings; and tempered glass for touch panel such as mobile, tablet PC, etc. It also provides various thin film coating products, including index matching ITO; AR and AF coating glass products for touch screen window, and automotive… Read more
Avatec Co. Ltd (149950) - Net Assets
Latest net assets as of September 2025: ₩150.44 Billion KRW
Based on the latest financial reports, Avatec Co. Ltd (149950) has net assets worth ₩150.44 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 (₩161.00 Billion) and total liabilities (₩10.56 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 | ₩150.44 Billion |
| % of Total Assets | 93.44% |
| Annual Growth Rate | 4.48% |
| 5-Year Change | 4.25% |
| 10-Year Change | 21.44% |
| Growth Volatility | 6.13 |
Avatec Co. Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Avatec Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Avatec Co. Ltd (2012–2024)
The table below shows the annual net assets of Avatec Co. Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩145.21 Billion | +1.97% |
| 2023-12-31 | ₩142.39 Billion | +4.12% |
| 2022-12-31 | ₩136.76 Billion | -3.32% |
| 2021-12-31 | ₩141.45 Billion | +1.56% |
| 2020-12-31 | ₩139.28 Billion | +2.35% |
| 2019-12-31 | ₩136.09 Billion | -0.68% |
| 2018-12-31 | ₩137.02 Billion | -0.35% |
| 2017-12-31 | ₩137.50 Billion | +14.36% |
| 2016-12-31 | ₩120.24 Billion | +0.56% |
| 2015-12-31 | ₩119.57 Billion | +6.16% |
| 2014-12-31 | ₩112.64 Billion | +15.02% |
| 2013-12-31 | ₩97.93 Billion | +14.16% |
| 2012-12-31 | ₩85.79 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Avatec 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 29319.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩118.46 Billion | 81.58% |
| Common Stock | ₩8.15 Billion | 5.62% |
| Other Components | ₩18.59 Billion | 12.80% |
| Total Equity | ₩145.21 Billion | 100.00% |
Avatec Co. Ltd Competitors by Market Cap
The table below lists competitors of Avatec Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ice Make Refrigeration Limited
NSE:ICEMAKE
|
$42.67 Million |
|
Yamaya Corporation
F:WY2
|
$42.68 Million |
|
Kristal Kola ve Mesrubat Sanayi Ticaret AS
IS:KRSTL
|
$42.70 Million |
|
Ifishdeco PT
JK:IFSH
|
$42.70 Million |
|
Forum Markets, Incorporated
NASDAQ:FRMM
|
$42.65 Million |
|
KT Hitel Corporation. Limited
KQ:036030
|
$42.65 Million |
|
0ENE
LSE:0ENE
|
$42.64 Million |
|
PSRHF
PINK:PSRHF
|
$42.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Avatec Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 142,394,564,860 to 145,205,339,840, a change of 2,810,774,980 (2.0%).
- Net income of 8,896,383,640 contributed positively to equity growth.
- Dividend payments of 1,385,933,100 reduced retained earnings.
- Share repurchases of 2,366,668,340 reduced equity.
- New share issuances of 3,669,499,000 increased equity.
- Other factors decreased equity by 6,002,506,220.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩8.90 Billion | +6.13% |
| Dividends Paid | ₩1.39 Billion | -0.95% |
| Share Repurchases | ₩2.37 Billion | -1.63% |
| Share Issuances | ₩3.67 Billion | +2.53% |
| Other Changes | ₩-6.00 Billion | -4.13% |
| Total Change | ₩- | 1.97% |
Book Value vs Market Value Analysis
This analysis compares Avatec 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: 0.96x
- 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 1.26x to 0.96x 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 | ₩8045.15 | ₩10150.00 | x |
| 2017-12-31 | ₩8811.01 | ₩10150.00 | x |
| 2018-12-31 | ₩9239.94 | ₩10150.00 | x |
| 2019-12-31 | ₩9696.02 | ₩10150.00 | x |
| 2020-12-31 | ₩10236.33 | ₩10150.00 | x |
| 2021-12-31 | ₩10291.48 | ₩10150.00 | x |
| 2022-12-31 | ₩9872.99 | ₩10150.00 | x |
| 2023-12-31 | ₩10274.27 | ₩10150.00 | x |
| 2024-12-31 | ₩10623.98 | ₩10150.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Avatec 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): 6.13%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.52%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.07x
- Recent ROE (6.13%) is below the historical average (7.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 19.59% | 19.48% | 0.88x | 1.14x | ₩8.23 Billion |
| 2013 | 16.24% | 14.98% | 0.94x | 1.16x | ₩6.11 Billion |
| 2014 | 21.11% | 19.66% | 0.92x | 1.17x | ₩12.51 Billion |
| 2015 | 6.61% | 10.40% | 0.59x | 1.08x | ₩-4.05 Billion |
| 2016 | 6.77% | 10.33% | 0.60x | 1.08x | ₩-3.88 Billion |
| 2017 | 10.50% | 15.10% | 0.64x | 1.09x | ₩685.12 Million |
| 2018 | 5.64% | 10.39% | 0.51x | 1.07x | ₩-5.98 Billion |
| 2019 | 5.32% | 9.60% | 0.52x | 1.06x | ₩-6.37 Billion |
| 2020 | 3.76% | 6.91% | 0.50x | 1.08x | ₩-8.70 Billion |
| 2021 | 0.06% | 0.11% | 0.53x | 1.08x | ₩-14.06 Billion |
| 2022 | -3.16% | -5.90% | 0.49x | 1.10x | ₩-18.00 Billion |
| 2023 | 3.37% | 6.34% | 0.50x | 1.05x | ₩-9.44 Billion |
| 2024 | 6.13% | 10.52% | 0.55x | 1.07x | ₩-5.62 Billion |
Industry Comparison
This section compares Avatec Co. Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $1,182,735,888,965
- Average return on equity (ROE) among peers: 13.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Avatec Co. Ltd (149950) | ₩150.44 Billion | 19.59% | 0.07x | $42.65 Million |
| YoungPoong (000670) | $1.92 Trillion | 12.09% | 0.37x | $141.87 Million |
| Sam Hwa Capaci (001820) | $32.31 Billion | 5.37% | 1.45x | $256.49 Million |
| Samick Music I (002450) | $129.03 Billion | 85.85% | 1.36x | $30.81 Million |
| Hansol Technics (004710) | $279.10 Billion | 9.39% | 1.12x | $84.94 Million |
| Sunny Elec (004770) | $14.69 Billion | -26.30% | 0.94x | $33.79 Million |
| PJ Electronics Co. Ltd (006140) | $104.92 Billion | 6.76% | 0.22x | $20.94 Million |
| Isupetasys (007660) | $163.27 Billion | 14.70% | 0.84x | $4.21 Billion |
| Korea Circuit Co. Ltd. (007810) | $99.55 Billion | 14.09% | 1.24x | $425.68 Million |
| Kyung In Elect (009140) | $70.58 Billion | 8.20% | 0.06x | $7.73 Million |
| Samsung Electro-Mechanics (009150) | $9.02 Trillion | 7.53% | 0.42x | $17.64 Billion |