Asia Pacific Satellite Inc (211270) - Net Assets
Based on the latest financial reports, Asia Pacific Satellite Inc (211270) has net assets worth ₩103.86 Billion KRW (≈ $70.39 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩126.28 Billion ≈ $85.58 Million USD) and total liabilities (₩22.41 Billion ≈ $15.19 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 211270 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩103.86 Billion |
| % of Total Assets | 82.25% |
| Annual Growth Rate | 12.34% |
| 5-Year Change | 28.06% |
| 10-Year Change | 28.73% |
| Growth Volatility | 32.59 |
Asia Pacific Satellite Inc - Net Assets Trend (2014–2025)
This chart illustrates how Asia Pacific Satellite Inc's net assets have evolved over time, based on quarterly financial data. See Asia Pacific Satellite Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Asia Pacific Satellite Inc (2014–2025)
The table below shows the annual net assets of Asia Pacific Satellite Inc from 2014 to 2025. For live valuation and market cap data, see market value of Asia Pacific Satellite Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩103.86 Billion ≈ $70.39 Million |
-1.29% |
| 2024-12-31 | ₩105.22 Billion ≈ $71.31 Million |
+10.67% |
| 2023-12-31 | ₩95.08 Billion ≈ $64.43 Million |
+11.40% |
| 2022-12-31 | ₩85.35 Billion ≈ $57.84 Million |
+5.24% |
| 2021-12-31 | ₩81.10 Billion ≈ $54.96 Million |
+1.51% |
| 2020-12-31 | ₩79.90 Billion ≈ $54.15 Million |
-2.87% |
| 2019-12-31 | ₩82.26 Billion ≈ $55.75 Million |
+0.93% |
| 2018-12-31 | ₩81.50 Billion ≈ $55.23 Million |
-0.67% |
| 2017-12-31 | ₩82.05 Billion ≈ $55.61 Million |
+1.70% |
| 2016-12-31 | ₩80.68 Billion ≈ $54.68 Million |
+114.71% |
| 2015-12-31 | ₩37.58 Billion ≈ $25.47 Million |
+30.17% |
| 2014-12-31 | ₩28.87 Billion ≈ $19.56 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Asia Pacific Satellite Inc'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 360.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩39.35 Billion | 37.89% |
| Other Components | ₩64.51 Billion | 62.11% |
| Total Equity | ₩103.86 Billion | 100.00% |
Asia Pacific Satellite Inc Competitors by Market Cap
The table below lists competitors of Asia Pacific Satellite Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Caturkarda Depo Bangunan PT Tbk
JK:DEPO
|
$97.08 Million |
|
Mitake Information
TWO:8284
|
$97.09 Million |
|
TVS Electronics Limited
NSE:TVSELECT
|
$97.11 Million |
|
Global Lights Acquisition Corp Ordinary Shares
NASDAQ:GLAC
|
$97.11 Million |
|
Chainqui Construction Development Co Ltd
TW:2509
|
$96.92 Million |
|
Verrica Pharmaceuticals Inc
NASDAQ:VRCA
|
$96.89 Million |
|
Lithium Chile Inc
V:LITH
|
$96.89 Million |
|
New Horizon Aircraft Ltd
NASDAQ:HOVR
|
$96.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asia Pacific Satellite Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 105,220,711,640 to 103,864,391,080, a change of -1,356,320,560 (-1.3%).
- Net loss of 2,769,859,560 reduced equity.
- Other factors increased equity by 1,413,539,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-2.77 Billion | -2.67% |
| Other Changes | ₩1.41 Billion | +1.36% |
| Total Change | ₩- | -1.29% |
Book Value vs Market Value Analysis
This analysis compares Asia Pacific Satellite Inc'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: 1.38x
- 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 1.71x to 1.38x 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 | ₩5885.64 | ₩10060.00 | x |
| 2017-12-31 | ₩5876.28 | ₩10060.00 | x |
| 2018-12-31 | ₩5806.39 | ₩10060.00 | x |
| 2019-12-31 | ₩5848.28 | ₩10060.00 | x |
| 2020-12-31 | ₩5666.49 | ₩10060.00 | x |
| 2021-12-31 | ₩5724.46 | ₩10060.00 | x |
| 2022-12-31 | ₩5996.63 | ₩10060.00 | x |
| 2023-12-31 | ₩6680.01 | ₩10060.00 | x |
| 2024-12-31 | ₩7392.65 | ₩10060.00 | x |
| 2025-12-31 | ₩7297.35 | ₩10060.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asia Pacific Satellite Inc 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): -2.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.79%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.22x
- Recent ROE (-2.67%) is below the historical average (6.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 24.39% | 20.37% | 0.95x | 1.26x | ₩4.16 Billion |
| 2015 | 23.44% | 24.15% | 0.87x | 1.12x | ₩5.05 Billion |
| 2016 | 7.38% | 23.92% | 0.29x | 1.07x | ₩-2.11 Billion |
| 2017 | 0.08% | 0.22% | 0.29x | 1.26x | ₩-8.14 Billion |
| 2018 | -0.82% | -1.55% | 0.43x | 1.22x | ₩-8.81 Billion |
| 2019 | 0.87% | 1.56% | 0.44x | 1.25x | ₩-7.51 Billion |
| 2020 | -1.70% | -3.00% | 0.40x | 1.41x | ₩-9.35 Billion |
| 2021 | 1.73% | 3.49% | 0.36x | 1.37x | ₩-6.71 Billion |
| 2022 | 4.78% | 7.61% | 0.49x | 1.28x | ₩-4.46 Billion |
| 2023 | 11.06% | 21.27% | 0.34x | 1.52x | ₩1.01 Billion |
| 2024 | 9.91% | 17.79% | 0.43x | 1.28x | ₩-93.63 Million |
| 2025 | -2.67% | -5.79% | 0.38x | 1.22x | ₩-13.16 Billion |
Industry Comparison
This section compares Asia Pacific Satellite Inc's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $134,422,400,014
- Average return on equity (ROE) among peers: 1.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asia Pacific Satellite Inc (211270) | ₩103.86 Billion | 24.39% | 0.22x | $97.03 Million |
| Gaon Cable (000500) | $264.68 Billion | 1.72% | 0.95x | $3.79 Billion |
| Huneed Tech (005870) | $162.81 Billion | -6.13% | 0.91x | $43.74 Million |
| Taihan Fiber Optics Co. Ltd (010170) | $96.57 Billion | 13.76% | 0.61x | $1.48 Billion |
| Humax Holdings Co. Ltd (028080) | $225.32 Billion | 2.17% | 0.08x | $8.66 Million |
| Comtec Sys (031820) | $55.80 Billion | 4.06% | 1.15x | $433.14 Million |
| KMW Inc. (032500) | $101.87 Billion | -13.03% | 1.90x | $633.70 Million |
| Insung Information Co. Ltd (033230) | $74.64 Billion | 0.00% | 0.44x | $39.56 Million |
| Bluecom Co. Ltd (033560) | $165.48 Billion | -0.31% | 0.06x | $40.36 Million |
| Kisan Telecom Co. Ltd (035460) | $42.26 Billion | 3.47% | 0.80x | $24.15 Million |
| Samji Electronics Co. Ltd (037460) | $154.80 Billion | 9.15% | 1.15x | $395.09 Million |
About Asia Pacific Satellite Inc
Asia Pacific Satellite Inc. develops and manufactures satellite communication devices worldwide. The company offers satellite phones, maritime satellite devices, satellite modules, telematics monitoring system device, automatic identification system device, modem, and Link-K modem, as well as Satsleeve+ and SatSleeve Hotspot products. It also provides global positioning system and ICEYE imaging s… Read more