Pavonine Co Ltd
Pavonine Co., Ltd. manufactures and sells TVs, medical devices, industrial equipment, and household appliances in South Korea and rest of Asia. The company offers TV appearance products and signage, such as the terrace external TV, digital signage, LED electric bulletin boards, electronic blackboards, curved game monitors, and kiosks. It also offers metal fittings and structures for medical devic… Read more
Pavonine Co Ltd (177830) - Net Assets
Latest net assets as of September 2025: ₩76.78 Billion KRW
Based on the latest financial reports, Pavonine Co Ltd (177830) has net assets worth ₩76.78 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 (₩157.59 Billion) and total liabilities (₩80.81 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 | ₩76.78 Billion |
| % of Total Assets | 48.72% |
| Annual Growth Rate | 3.85% |
| 5-Year Change | 29.69% |
| 10-Year Change | 60.51% |
| Growth Volatility | 13.96 |
Pavonine Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Pavonine 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 Pavonine Co Ltd (2014–2024)
The table below shows the annual net assets of Pavonine Co Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩79.27 Billion | +6.76% |
| 2023-12-31 | ₩74.25 Billion | -3.54% |
| 2022-12-31 | ₩76.98 Billion | +7.81% |
| 2021-12-31 | ₩71.40 Billion | +16.81% |
| 2020-12-31 | ₩61.13 Billion | +34.26% |
| 2019-12-31 | ₩45.53 Billion | -19.61% |
| 2018-12-31 | ₩56.63 Billion | +9.23% |
| 2017-12-31 | ₩51.85 Billion | -1.79% |
| 2016-12-31 | ₩52.79 Billion | +6.89% |
| 2015-12-31 | ₩49.39 Billion | -9.07% |
| 2014-12-31 | ₩54.32 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pavonine 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 34.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩40.92 Billion | 51.62% |
| Common Stock | ₩7.14 Billion | 9.01% |
| Other Components | ₩31.21 Billion | 39.37% |
| Total Equity | ₩79.27 Billion | 100.00% |
Pavonine Co Ltd Competitors by Market Cap
The table below lists competitors of Pavonine Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PLC S.p.A.
F:O29
|
$14.32 Million |
|
IQuest Co. Ltd.
KQ:262840
|
$14.32 Million |
|
IFCA MSC Bhd
KLSE:0023
|
$14.32 Million |
|
Melbana Energy Ltd
AU:MAY
|
$14.32 Million |
|
Buru Energy Limited
PINK:BRNGF
|
$14.30 Million |
|
Lianhua Supermarket Holdings Co. Ltd
PINK:LHUAF
|
$14.30 Million |
|
413640
KQ:413640
|
$14.30 Million |
|
Rimfire Pacific Mining Ltd
AU:RIM
|
$14.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pavonine Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 74,253,031,090 to 79,274,511,310, a change of 5,021,480,220 (6.8%).
- Net income of 7,293,859,210 contributed positively to equity growth.
- Dividend payments of 877,233,840 reduced retained earnings.
- Share repurchases of 3,547,415,440 reduced equity.
- Other factors increased equity by 2,152,270,290.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩7.29 Billion | +9.2% |
| Dividends Paid | ₩877.23 Million | -1.11% |
| Share Repurchases | ₩3.55 Billion | -4.47% |
| Other Changes | ₩2.15 Billion | +2.71% |
| Total Change | ₩- | 6.76% |
Book Value vs Market Value Analysis
This analysis compares Pavonine 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: 0.40x
- 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 0.56x to 0.40x 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 | ₩4928.51 | ₩2775.00 | x |
| 2017-12-31 | ₩4934.58 | ₩2775.00 | x |
| 2018-12-31 | ₩5472.16 | ₩2775.00 | x |
| 2019-12-31 | ₩4301.25 | ₩2775.00 | x |
| 2020-12-31 | ₩4832.10 | ₩2775.00 | x |
| 2021-12-31 | ₩5445.65 | ₩2775.00 | x |
| 2022-12-31 | ₩6099.11 | ₩2775.00 | x |
| 2023-12-31 | ₩5925.12 | ₩2775.00 | x |
| 2024-12-31 | ₩6916.92 | ₩2775.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pavonine 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): 9.20%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.49%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 2.09x
- Recent ROE (9.20%) is above the historical average (2.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 8.78% | 5.61% | 1.11x | 1.41x | ₩-660.38 Million |
| 2015 | -10.81% | -10.32% | 0.61x | 1.72x | ₩-10.28 Billion |
| 2016 | 6.63% | 4.55% | 0.75x | 1.94x | ₩-1.78 Billion |
| 2017 | 1.39% | 0.68% | 0.93x | 2.20x | ₩-4.46 Billion |
| 2018 | 8.35% | 4.21% | 0.91x | 2.17x | ₩-933.43 Million |
| 2019 | -27.20% | -11.95% | 0.81x | 2.80x | ₩-16.94 Billion |
| 2020 | 6.67% | 2.88% | 1.07x | 2.17x | ₩-2.04 Billion |
| 2021 | 9.83% | 5.56% | 0.92x | 1.92x | ₩-121.77 Million |
| 2022 | 9.47% | 6.18% | 0.83x | 1.85x | ₩-408.77 Million |
| 2023 | 0.20% | 0.12% | 0.92x | 1.77x | ₩-7.28 Billion |
| 2024 | 9.20% | 5.49% | 0.80x | 2.09x | ₩-633.59 Million |
Industry Comparison
This section compares Pavonine 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 |
|---|---|---|---|---|
| Pavonine Co Ltd (177830) | ₩76.78 Billion | 8.78% | 1.05x | $14.31 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 |