NS Co. Ltd (217820) - Net Assets
Based on the latest financial reports, NS Co. Ltd (217820) has net assets worth ₩89.19 Billion KRW (≈ $60.44 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 (₩323.31 Billion ≈ $219.10 Million USD) and total liabilities (₩234.12 Billion ≈ $158.66 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 NS Co. Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩89.19 Billion |
| % of Total Assets | 27.59% |
| Annual Growth Rate | 15.38% |
| 5-Year Change | 94.99% |
| 10-Year Change | N/A |
| Growth Volatility | 38.57 |
NS Co. Ltd - Net Assets Trend (2015–2024)
This chart illustrates how NS Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore NS Co. Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for NS Co. Ltd (2015–2024)
The table below shows the annual net assets of NS Co. Ltd from 2015 to 2024. For live valuation and market cap data, see NS Co. Ltd (217820) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩79.47 Billion ≈ $53.86 Million |
-43.26% |
| 2023-12-31 | ₩140.06 Billion ≈ $94.92 Million |
+22.19% |
| 2022-12-31 | ₩114.63 Billion ≈ $77.68 Million |
+113.11% |
| 2021-12-31 | ₩53.79 Billion ≈ $36.45 Million |
+31.98% |
| 2020-12-31 | ₩40.75 Billion ≈ $27.62 Million |
+26.49% |
| 2019-12-31 | ₩32.22 Billion ≈ $21.84 Million |
+18.69% |
| 2018-12-31 | ₩27.15 Billion ≈ $18.40 Million |
+13.77% |
| 2017-12-31 | ₩23.86 Billion ≈ $16.17 Million |
+1.79% |
| 2016-12-31 | ₩23.44 Billion ≈ $15.89 Million |
+6.95% |
| 2015-12-31 | ₩21.92 Billion ≈ $14.85 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NS 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 204.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩32.15 Billion | 40.47% |
| Other Components | ₩47.30 Billion | 59.53% |
| Total Equity | ₩79.45 Billion | 100.00% |
NS Co. Ltd Competitors by Market Cap
The table below lists competitors of NS Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ctek AB
ST:CTEK
|
$119.74 Million |
|
Mikro MSC Bhd
KLSE:0112
|
$119.83 Million |
|
AOPEN Inc
TW:3046
|
$119.87 Million |
|
Geospace Technologies Corporation
NASDAQ:GEOS
|
$119.99 Million |
|
Kuang Hong Arts Management
TWO:6596
|
$119.72 Million |
|
XSpray Pharma AB
ST:XSPRAY
|
$119.72 Million |
|
Noroo Paint
KO:090350
|
$119.68 Million |
|
Bionet
TWO:1784
|
$119.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NS Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 140,063,641,800 to 79,448,114,650, a change of -60,615,527,150 (-43.3%).
- Net loss of 63,670,356,190 reduced equity.
- Other factors increased equity by 3,054,829,040.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-63.67 Billion | -80.14% |
| Other Changes | ₩3.05 Billion | +3.85% |
| Total Change | ₩- | -43.28% |
Book Value vs Market Value Analysis
This analysis compares NS 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: 2.21x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.66x to 2.21x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩2391.87 | ₩3975.00 | x |
| 2017-12-31 | ₩2434.79 | ₩3975.00 | x |
| 2018-12-31 | ₩2770.02 | ₩3975.00 | x |
| 2019-12-31 | ₩3287.85 | ₩3975.00 | x |
| 2020-12-31 | ₩3784.25 | ₩3975.00 | x |
| 2021-12-31 | ₩4540.26 | ₩3975.00 | x |
| 2022-12-31 | ₩2979.39 | ₩3975.00 | x |
| 2023-12-31 | ₩3202.03 | ₩3975.00 | x |
| 2024-12-31 | ₩1795.76 | ₩3975.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NS 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): -80.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.60%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 6.04x
- Recent ROE (-80.14%) is below the historical average (-0.27%), 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 | 15.32% | 11.03% | 0.85x | 1.63x | ₩1.17 Billion |
| 2016 | 8.85% | 7.00% | 0.88x | 1.44x | ₩-269.38 Million |
| 2017 | 4.17% | 2.36% | 0.68x | 2.59x | ₩-1.39 Billion |
| 2018 | 11.87% | 6.36% | 0.69x | 2.69x | ₩508.12 Million |
| 2019 | 13.36% | 6.62% | 0.61x | 3.33x | ₩1.08 Billion |
| 2020 | 9.32% | 5.70% | 0.70x | 2.35x | ₩-275.47 Million |
| 2021 | 14.81% | 17.23% | 0.38x | 2.29x | ₩2.59 Billion |
| 2022 | 2.35% | 0.93% | 0.70x | 3.59x | ₩-8.77 Billion |
| 2023 | -2.60% | -1.19% | 0.59x | 3.74x | ₩-17.65 Billion |
| 2024 | -80.14% | -21.60% | 0.61x | 6.04x | ₩-71.62 Billion |
Industry Comparison
This section compares NS Co. Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $161,130,705,092
- Average return on equity (ROE) among peers: 82.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NS Co. Ltd (217820) | ₩89.19 Billion | 15.32% | 2.63x | $119.73 Million |
| Hwacheon Mac (000850) | $131.77 Billion | 7.91% | 0.65x | $57.77 Million |
| Daidong Elec (008110) | $88.61 Billion | 9.10% | 0.47x | $71.25 Million |
| Booster Co. Ltd (008470) | $65.94 Billion | 9.50% | 0.26x | $21.20 Million |
| Simpac (009160) | $240.83 Billion | 5.35% | 0.58x | $101.09 Million |
| Kyung Dong Navien Co Ltd (009450) | $695.42 Billion | 17.88% | 0.95x | $761.04 Million |
| Korea Refract (010040) | $25.31 Billion | -5.89% | 3.13x | $48.01 Million |
| Woojin I&S Co Ltd (010400) | $106.95 Billion | 1.99% | 0.25x | $18.75 Million |
| Hwacheon Machi (010660) | $124.32 Billion | -0.54% | 0.30x | $75.74 Million |
| Han Shin Mach (011700) | $89.60 Billion | -1.35% | 0.41x | $101.16 Million |
| STX Corporation (011810) | $42.56 Billion | 785.68% | 13.74x | $74.11 Million |
About NS Co. Ltd
Wonik Pne Co., Ltd. engages in manufacturing and supplying process automation equipment and degassing facilities for mass production of secondary batteries in South Korea. It provides sale of power supply devices; real estate rental management; rectifiers for power plants and industrial use. Wonik Pne Co., Ltd. any was formerly known as NS Co., Ltd. Wonik Pne Co., Ltd. was founded in 1999 and is … Read more