NS Co. Ltd (217820) - Net Assets
Based on the latest financial reports, NS Co. Ltd (217820) has net assets worth ₩97.35 Billion KRW (≈ $65.97 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 (₩321.58 Billion ≈ $217.93 Million USD) and total liabilities (₩224.22 Billion ≈ $151.95 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 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩97.35 Billion |
| % of Total Assets | 30.27% |
| Annual Growth Rate | 16.67% |
| 5-Year Change | 90.41% |
| 10-Year Change | 336.94% |
| Growth Volatility | 36.66 |
NS Co. Ltd - Net Assets Trend (2015–2025)
This chart illustrates how NS Co. Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of NS Co. Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for NS Co. Ltd (2015–2025)
The table below shows the annual net assets of NS Co. Ltd from 2015 to 2025. For live valuation and market cap data, see NS Co. Ltd (217820) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩102.42 Billion ≈ $69.41 Million |
+28.88% |
| 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 217.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩33.52 Billion | 32.73% |
| Other Components | ₩68.90 Billion | 67.27% |
| Total Equity | ₩102.42 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 |
|---|---|
|
Forian Inc
NASDAQ:FORA
|
$67.17 Million |
|
Pacific Petroleum Transportation JSC
VN:PVP
|
$67.18 Million |
|
Prakash Pipes Limited
NSE:PPL
|
$67.23 Million |
|
Xtant Medical Holdings Inc
NYSE MKT:XTNT
|
$67.23 Million |
|
Postmedia Network Canada Corp
TO:PNC-B
|
$67.15 Million |
|
ETHZilla Corporation
NASDAQ:ETHZ
|
$67.11 Million |
|
Kala Pharmaceuticals Inc
NASDAQ:KALA
|
$67.11 Million |
|
Great Elm Group Inc
NASDAQ:GEG
|
$67.10 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 2024 to 2025, total equity changed from 79,448,114,650 to 102,420,064,380, a change of 22,971,949,730 (28.9%).
- Net income of 964,448,770 contributed positively to equity growth.
- Other factors increased equity by 22,007,500,960.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩964.45 Million | +0.94% |
| Other Changes | ₩22.01 Billion | +21.49% |
| Total Change | ₩- | 28.91% |
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: 0.97x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩2391.87 | ₩2220.00 | x |
| 2017-12-31 | ₩2434.79 | ₩2220.00 | x |
| 2018-12-31 | ₩2770.02 | ₩2220.00 | x |
| 2019-12-31 | ₩3287.85 | ₩2220.00 | x |
| 2020-12-31 | ₩3784.25 | ₩2220.00 | x |
| 2021-12-31 | ₩4540.26 | ₩2220.00 | x |
| 2022-12-31 | ₩2979.39 | ₩2220.00 | x |
| 2023-12-31 | ₩3202.03 | ₩2220.00 | x |
| 2024-12-31 | ₩1795.76 | ₩2220.00 | x |
| 2025-12-31 | ₩2294.26 | ₩2220.00 | 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): 0.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.25%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 3.09x
- Recent ROE (0.94%) is above the historical average (-0.16%), indicating improving 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 |
| 2025 | 0.94% | 0.25% | 1.24x | 3.09x | ₩-9.28 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: $135,493,757,886
- Average return on equity (ROE) among peers: 4.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NS Co. Ltd (217820) | ₩97.35 Billion | 15.32% | 2.30x | $67.16 Million |
| Hwacheon Mac (000850) | $209.21 Billion | 12.92% | 0.49x | $48.83 Million |
| Daidong Elec (008110) | $164.00 Billion | 2.00% | 0.25x | $71.25 Million |
| Booster Co. Ltd (008470) | $60.30 Billion | 8.31% | 0.26x | $17.64 Million |
| Simpac (009160) | $240.42 Billion | 6.73% | 0.74x | $75.86 Million |
| Kyung Dong Navien Co Ltd (009450) | $141.56 Billion | 2.62% | 0.44x | $687.58 Million |
| Korea Refract (010040) | $108.02 Billion | 5.31% | 0.90x | $38.86 Million |
| Woojin I&S Co Ltd (010400) | $109.12 Billion | 13.24% | 0.12x | $17.24 Million |
| Hwacheon Machi (010660) | $137.56 Billion | 0.56% | 0.22x | $44.43 Million |
| Han Shin Mach (011700) | $82.34 Billion | 4.20% | 0.16x | $65.43 Million |
| STX Corporation (011810) | $102.41 Billion | -13.24% | 6.24x | $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