DeviceENG.CO.Ltd (187870) - Net Assets

Latest as of March 2026: ₩167.86 Billion KRW ≈ $113.76 Million USD

Based on the latest financial reports, DeviceENG.CO.Ltd (187870) has net assets worth ₩167.86 Billion KRW (≈ $113.76 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 (₩224.62 Billion ≈ $152.22 Million USD) and total liabilities (₩56.76 Billion ≈ $38.47 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. Also explore DeviceENG.CO.Ltd total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩167.86 Billion
% of Total Assets	74.73%
Annual Growth Rate	22.32%
5-Year Change	24.46%
10-Year Change	521.81%
Growth Volatility	26.52

DeviceENG.CO.Ltd - Net Assets Trend (2015–2025)

This chart illustrates how DeviceENG.CO.Ltd's net assets have evolved over time, based on quarterly financial data. Check DeviceENG.CO.Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Net Assets for DeviceENG.CO.Ltd (2015–2025)

The table below shows the annual net assets of DeviceENG.CO.Ltd from 2015 to 2025. For live valuation and market cap data, see 187870 stock market capitalisation.

Year	Net Assets	Change
2025-12-31	₩161.03 Billion ≈ $109.13 Million	+12.03%
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 789.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩138.56 Billion	86.04%
Other Components	₩22.47 Billion	13.96%
Total Equity	₩161.03 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
Darya-Varia Laboratoria Tbk JK:DVLA	$105.00 Million
Nerdy Inc NYSE:NRDY	$105.02 Million
Allcargo Gati Limited NSE:ACLGATI	$105.06 Million
Precot Limited NSE:PRECOT	$105.06 Million
SBI Investment KOREA Co. Ltd KQ:019550	$104.94 Million
Carnaby Resources Ltd AU:CNB	$104.93 Million
Endomines Finland Oyj HE:PAMPALO	$104.92 Million
I-Berhad KLSE:4251	$104.92 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 2024 to 2025, total equity changed from 143,741,011,750 to 161,033,111,360, a change of 17,292,099,610 (12.0%).
Net income of 16,924,050,940 contributed positively to equity growth.
Dividend payments of 1,331,628,200 reduced retained earnings.
Share repurchases of 297,207,180 reduced equity.
Other factors increased equity by 1,996,884,050.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩16.92 Billion	+10.51%
Dividends Paid	₩1.33 Billion	-0.83%
Share Repurchases	₩297.21 Million	-0.18%
Other Changes	₩2.00 Billion	+1.24%
Total Change	₩-	12.03%

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: 0.96x
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 2.51x 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	₩4577.50	₩11500.00	x
2017-12-31	₩6934.87	₩11500.00	x
2018-12-31	₩9059.22	₩11500.00	x
2019-12-31	₩9597.70	₩11500.00	x
2020-12-31	₩14219.99	₩11500.00	x
2021-12-31	₩18620.36	₩11500.00	x
2022-12-31	₩19571.24	₩11500.00	x
2023-12-31	₩20418.90	₩11500.00	x
2024-12-31	₩21384.35	₩11500.00	x
2025-12-31	₩11957.70	₩11500.00	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): 10.51%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 20.13%
• Asset Turnover: 0.39x
• Equity Multiplier: 1.36x
Recent ROE (10.51%) is below the historical average (13.95%), 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
2025	10.51%	20.13%	0.39x	1.36x	₩820.74 Million

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: $135,191,708,273
Average return on equity (ROE) among peers: 4.15%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
DeviceENG.CO.Ltd (187870)	₩167.86 Billion	6.05%	0.34x	$104.95 Million
D I Corp (003160)	$122.48 Billion	5.82%	0.58x	$374.31 Million
Samick Thk (004380)	$82.90 Billion	10.78%	1.40x	$110.54 Million
PSMC CO. Ltd (024850)	$245.50 Billion	-5.04%	0.09x	$811.85 Million
Mirae Corporation (025560)	$65.14 Billion	-11.23%	0.13x	$20.04 Million
KC Co. Ltd (029460)	$147.65 Billion	7.54%	0.34x	$215.10 Million
MK Electron Co. Ltd (033160)	$250.27 Billion	13.09%	4.33x	$205.26 Million
Signetics Corporation (033170)	$174.87 Billion	-2.60%	0.35x	$20.57 Million
Nepes Corporation (033640)	$116.59 Billion	0.00%	2.39x	$236.90 Million
EO Technics Co. Ltd (039030)	$96.39 Billion	3.08%	0.42x	$2.47 Billion
STI Co. Ltd (039440)	$50.13 Billion	20.03%	1.03x	$219.22 Million

About DeviceENG.CO.Ltd

KQ:187870 Korea Semiconductor Equipment & Materials

Market Cap

$104.95 Million

₩154.87 Billion KRW

Market Cap Rank

#18952 Global

#876 in Korea

Share Price

₩11500.00

Change (1 day)

+21.69%

52-Week Range

₩9110.00 - ₩38300.00

All Time High

₩53079.19