Asflow Co. Ltd.
ASFLOW Co., LTD. provides filters, piping module, and semiconductor equipment in South Korea. Its products include tubes and pipes, fittings, valve and pressure regulators, and filter diffusers, as well as vacuum components. The company offers bio-industrial tubing and fittings. ASFLOW Co., LTD. was founded in 2000 and is based in Hwaseong-si, South Korea.
Asflow Co. Ltd. (159010) - Net Assets
Latest net assets as of September 2025: ₩46.65 Billion KRW
Based on the latest financial reports, Asflow Co. Ltd. (159010) has net assets worth ₩46.65 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 (₩126.73 Billion) and total liabilities (₩80.08 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 | ₩46.65 Billion |
| % of Total Assets | 36.81% |
| Annual Growth Rate | 20.58% |
| 5-Year Change | 104.41% |
| 10-Year Change | N/A |
| Growth Volatility | 25.44 |
Asflow Co. Ltd. - Net Assets Trend (2018–2024)
This chart illustrates how Asflow 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 Asflow Co. Ltd. (2018–2024)
The table below shows the annual net assets of Asflow Co. Ltd. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩54.67 Billion | -4.89% |
| 2023-12-31 | ₩57.47 Billion | +6.58% |
| 2022-12-31 | ₩53.93 Billion | +15.65% |
| 2021-12-31 | ₩46.63 Billion | +74.37% |
| 2020-12-31 | ₩26.74 Billion | +31.36% |
| 2019-12-31 | ₩20.36 Billion | +14.52% |
| 2018-12-31 | ₩17.78 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asflow 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 225.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩33.92 Billion | 62.05% |
| Common Stock | ₩6.67 Billion | 12.20% |
| Other Components | ₩14.08 Billion | 25.75% |
| Total Equity | ₩54.67 Billion | 100.00% |
Asflow Co. Ltd. Competitors by Market Cap
The table below lists competitors of Asflow Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zero Gravity Solutions Inc
PINK:ZGSI
|
$19.17 Million |
|
Geekay Wires Limited
NSE:GEEKAYWIRE
|
$19.18 Million |
|
BACTIGUARD HLDG B
F:5JE
|
$19.18 Million |
|
Bactiguard Holding AB (publ)
ST:BACTI-B
|
$19.20 Million |
|
CNTus Sungjin Co. Ltd.
KQ:352700
|
$19.16 Million |
|
Makim Makina Teknolojileri Sanayi ve Ticaret A.S.
IS:MAKIM
|
$19.14 Million |
|
Aditya Birla Money Limited
NSE:BIRLAMONEY
|
$19.14 Million |
|
Finesse Technology Co., Ltd
TWO:7704
|
$19.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asflow Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 57,474,227,640 to 54,665,432,360, a change of -2,808,795,280 (-4.9%).
- Net loss of 2,367,405,920 reduced equity.
- Share repurchases of 2,187,042,870 reduced equity.
- Other factors increased equity by 1,745,653,510.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-2.37 Billion | -4.33% |
| Share Repurchases | ₩2.19 Billion | -4.0% |
| Other Changes | ₩1.75 Billion | +3.19% |
| Total Change | ₩- | -4.89% |
Book Value vs Market Value Analysis
This analysis compares Asflow 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: 1.17x
- 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 3.72x to 1.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ₩1333.10 | ₩4960.00 | x |
| 2019-12-31 | ₩1526.70 | ₩4960.00 | x |
| 2020-12-31 | ₩2005.51 | ₩4960.00 | x |
| 2021-12-31 | ₩3496.95 | ₩4960.00 | x |
| 2022-12-31 | ₩4044.12 | ₩4960.00 | x |
| 2023-12-31 | ₩4372.22 | ₩4960.00 | x |
| 2024-12-31 | ₩4229.50 | ₩4960.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asflow 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): -4.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.83%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 2.53x
- Recent ROE (-4.33%) is below the historical average (14.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 37.79% | 11.87% | 1.15x | 2.78x | ₩4.94 Billion |
| 2019 | 13.56% | 6.80% | 0.58x | 3.41x | ₩724.44 Million |
| 2020 | 25.30% | 15.10% | 0.61x | 2.75x | ₩4.09 Billion |
| 2021 | 8.53% | 6.76% | 0.62x | 2.03x | ₩-684.59 Million |
| 2022 | 16.79% | 10.21% | 0.80x | 2.06x | ₩3.66 Billion |
| 2023 | 6.22% | 4.12% | 0.67x | 2.26x | ₩-2.17 Billion |
| 2024 | -4.33% | -2.83% | 0.60x | 2.53x | ₩-7.83 Billion |
Industry Comparison
This section compares Asflow Co. Ltd.'s net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $152,065,889,908
- Average return on equity (ROE) among peers: 5.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asflow Co. Ltd. (159010) | ₩46.65 Billion | 37.79% | 1.72x | $19.16 Million |
| Cs Holdings (000590) | $169.68 Billion | 3.86% | 0.13x | $9.85 Million |
| Cheil Grinding (001560) | $76.84 Billion | 7.00% | 0.28x | $11.95 Million |
| Keyang Elec Ma (012200) | $144.34 Billion | 3.32% | 0.21x | $75.59 Million |
| Keyang Electric Machinery Co Ltd (012205) | $182.37 Billion | 4.76% | 0.39x | $55.86 Million |
| YG-1 Co. Ltd (019210) | $36.09 Billion | 8.71% | 1.52x | $169.23 Million |
| Korea Parts & Fasteners Co.Ltd (024880) | $126.69 Billion | 8.71% | 2.00x | $52.16 Million |
| Union Materials Corp (047400) | $94.91 Billion | 5.38% | 0.54x | $27.07 Million |
| Iljin Diamond (081000) | $531.85 Billion | 1.88% | 0.12x | $63.53 Million |
| Seoam Machinery Industry Co.Ltd (100660) | $55.29 Billion | 2.53% | 0.14x | $15.33 Million |
| Chosun Welding (120030) | $102.62 Billion | 11.46% | 0.12x | $19.90 Million |