DeviceENG.CO.Ltd (187870) - Net Assets

Latest as of September 2025: ₩155.04 Billion KRW ≈ $105.07 Million USD

Based on the latest financial reports, DeviceENG.CO.Ltd (187870) has net assets worth ₩155.04 Billion KRW (≈ $105.07 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 (₩236.17 Billion ≈ $160.05 Million USD) and total liabilities (₩81.14 Billion ≈ $54.98 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 187870 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets ₩155.04 Billion
% of Total Assets 65.65%
Annual Growth Rate 23.52%
5-Year Change 45.47%
10-Year Change N/A
Growth Volatility 27.59

DeviceENG.CO.Ltd - Net Assets Trend (2015–2024)

This chart illustrates how DeviceENG.CO.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore DeviceENG.CO.Ltd asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for DeviceENG.CO.Ltd (2015–2024)

The table below shows the annual net assets of DeviceENG.CO.Ltd from 2015 to 2024. For live valuation and market cap data, see market cap of DeviceENG.CO.Ltd.

Year Net Assets Change
2024-12-31 ₩143.74 Billion
≈ $97.41 Million		 +3.78%
2023-12-31 ₩138.50 Billion
≈ $93.86 Million		 +3.03%
2022-12-31 ₩134.43 Billion
≈ $91.10 Million		 +3.89%
2021-12-31 ₩129.39 Billion
≈ $87.69 Million		 +30.94%
2020-12-31 ₩98.81 Billion
≈ $66.96 Million		 +55.52%
2019-12-31 ₩63.54 Billion
≈ $43.06 Million		 +4.51%
2018-12-31 ₩60.79 Billion
≈ $41.20 Million		 +24.28%
2017-12-31 ₩48.91 Billion
≈ $33.15 Million		 +88.87%
2016-12-31 ₩25.90 Billion
≈ $17.55 Million		 +20.62%
2015-12-31 ₩21.47 Billion
≈ $14.55 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to DeviceENG.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 685.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩122.32 Billion 85.10%
Other Components ₩21.42 Billion 14.90%
Total Equity ₩143.74 Billion 100.00%

DeviceENG.CO.Ltd Competitors by Market Cap

The table below lists competitors of DeviceENG.CO.Ltd ranked by their market capitalization.

Company Market Cap
Pluristem
TA:PSTI
 $90.80 Million
Guizhou Zhongyida Co Ltd
SHG:900906
 $90.81 Million
American Well Corp
NYSE:AMWL
 $90.87 Million
Royce Global Value Trust Inc
NYSE:RGT
 $90.91 Million
Handok
KO:002390
 $90.77 Million
Sree Rayalaseema Hi-Strength Hypo Limited
NSE:SRHHYPOLTD
 $90.76 Million
Daios Plastics S.A.
AT:DAIOS
 $90.75 Million
Big Ridge Gold Corp
V:BRAU
 $90.73 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in DeviceENG.CO.Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 138,504,394,580 to 143,741,011,750, a change of 5,236,617,170 (3.8%).
  • Net income of 7,799,616,270 contributed positively to equity growth.
  • Dividend payments of 678,314,800 reduced retained earnings.
  • Share repurchases of 1,702,779,640 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩7.80 Billion +5.43%
Dividends Paid ₩678.31 Million -0.47%
Share Repurchases ₩1.70 Billion -1.18%
Other Changes ₩-181.90 Million -0.13%
Total Change ₩- 3.78%

Book Value vs Market Value Analysis

This analysis compares DeviceENG.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: 0.94x
  • 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 4.41x to 0.94x 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 ₩4577.50 ₩20200.00 x
2017-12-31 ₩6934.87 ₩20200.00 x
2018-12-31 ₩9059.22 ₩20200.00 x
2019-12-31 ₩9597.70 ₩20200.00 x
2020-12-31 ₩14219.99 ₩20200.00 x
2021-12-31 ₩18620.36 ₩20200.00 x
2022-12-31 ₩19571.24 ₩20200.00 x
2023-12-31 ₩20418.90 ₩20200.00 x
2024-12-31 ₩21384.35 ₩20200.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently DeviceENG.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): 5.43%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.54%
  • • Asset Turnover: 0.23x
  • • Equity Multiplier: 1.42x
  • Recent ROE (5.43%) is below the historical average (14.29%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 6.05% 2.55% 1.09x 2.19x ₩-847.15 Million
2016 17.53% 6.42% 0.85x 3.22x ₩1.95 Billion
2017 15.39% 6.53% 1.45x 1.63x ₩2.64 Billion
2018 22.91% 14.95% 1.25x 1.23x ₩7.85 Billion
2019 7.32% 10.76% 0.40x 1.70x ₩-1.70 Billion
2020 30.76% 24.09% 0.80x 1.59x ₩20.51 Billion
2021 24.31% 25.15% 0.67x 1.44x ₩18.51 Billion
2022 8.03% 14.85% 0.43x 1.25x ₩-2.64 Billion
2023 5.20% 12.59% 0.31x 1.32x ₩-6.65 Billion
2024 5.43% 16.54% 0.23x 1.42x ₩-6.57 Billion

Industry Comparison

This section compares DeviceENG.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: $147,111,617,039
  • Average return on equity (ROE) among peers: 1.24%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
DeviceENG.CO.Ltd (187870) ₩155.04 Billion 6.05% 0.52x $90.79 Million
D I Corp (003160) $161.25 Billion 1.96% 0.74x $586.24 Million
Samick Thk (004380) $150.49 Billion 11.83% 0.46x $139.72 Million
PSMC CO. Ltd (024850) $64.44 Billion 4.30% 1.04x $451.89 Million
Mirae Corporation (025560) $84.64 Billion 8.85% 0.39x $46.76 Million
KC Co. Ltd (029460) $96.37 Billion 13.32% 0.43x $294.96 Million
MK Electron Co. Ltd (033160) $250.27 Billion 13.09% 4.33x $395.23 Million
Signetics Corporation (033170) $147.33 Billion -4.23% 0.36x $50.89 Million
Nepes Corporation (033640) $110.15 Billion -56.50% 5.45x $500.06 Million
EO Technics Co. Ltd (039030) $373.95 Billion 5.84% 0.15x $3.91 Billion
STI Co. Ltd (039440) $32.22 Billion 13.97% 0.83x $373.52 Million

About DeviceENG.CO.Ltd

KQ:187870 Korea Semiconductor Equipment & Materials
Market Cap
$90.79 Million
₩133.97 Billion KRW
Market Cap Rank
#19560 Global
#1099 in Korea
Share Price
₩20200.00
Change (1 day)
+1.66%
52-Week Range
₩10540.00 - ₩38300.00
All Time High
₩53079.19
Categories
Companies in Korea Semiconductor Equipment & Materials Technology AI & Machine Learning
About

DEVICE CO.,Ltd develops and supplies automatic control systems of semiconductors, displays, and material parts to semiconductor, LCD, and FPD manufacturers in South Korea and internationally. The company offers OLED mask cleaners, glass cleaners, auto macro inspection, DIW/chemical incline heating systems, and etcher and strippers for displays; single wafer cleaners, FOUP cleaners, cassette and m… Read more