Atec T& Co. Ltd (224110) - Net Assets
Based on the latest financial reports, Atec T& Co. Ltd (224110) has net assets worth ₩72.82 Billion KRW (≈ $49.35 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 (₩101.67 Billion ≈ $68.90 Million USD) and total liabilities (₩28.85 Billion ≈ $19.55 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 how resilient are Atec T& Co. Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩72.82 Billion |
| % of Total Assets | 71.63% |
| Annual Growth Rate | 10.17% |
| 5-Year Change | 39.17% |
| 10-Year Change | N/A |
| Growth Volatility | 28.28 |
Atec T& Co. Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Atec T& Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Atec T& Co. Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Atec T& Co. Ltd (2015–2024)
The table below shows the annual net assets of Atec T& Co. Ltd from 2015 to 2024. For live valuation and market cap data, see Atec T& Co. Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩69.37 Billion ≈ $47.01 Million |
-29.31% |
| 2023-12-31 | ₩98.13 Billion ≈ $66.50 Million |
+79.97% |
| 2022-12-31 | ₩54.52 Billion ≈ $36.95 Million |
+8.82% |
| 2021-12-31 | ₩50.11 Billion ≈ $33.96 Million |
+0.53% |
| 2020-12-31 | ₩49.84 Billion ≈ $33.78 Million |
+1.85% |
| 2019-12-31 | ₩48.94 Billion ≈ $33.16 Million |
+3.84% |
| 2018-12-31 | ₩47.13 Billion ≈ $31.94 Million |
+23.56% |
| 2017-12-31 | ₩38.14 Billion ≈ $25.85 Million |
+30.05% |
| 2016-12-31 | ₩29.33 Billion ≈ $19.88 Million |
+1.15% |
| 2015-12-31 | ₩29.00 Billion ≈ $19.65 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Atec T& 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 4118.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩43.50 Billion | 62.71% |
| Common Stock | ₩2.67 Billion | 3.85% |
| Other Components | ₩23.19 Billion | 33.44% |
| Total Equity | ₩69.37 Billion | 100.00% |
Atec T& Co. Ltd Competitors by Market Cap
The table below lists competitors of Atec T& Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yong Shun Chemical Co Ltd
TWO:4711
|
$30.39 Million |
|
Trajectory Alpha Acquisition Corp
NYSE:TCOA
|
$30.40 Million |
|
111 Inc
NASDAQ:YI
|
$30.40 Million |
|
Haiwan International Development Co Ltd
TWO:3252
|
$30.44 Million |
|
Stampede Drilling Inc
V:SDI
|
$30.37 Million |
|
Heartbeam Inc
NASDAQ:BEAT
|
$30.37 Million |
|
Griñó Ecologic S.A
MC:GRI
|
$30.37 Million |
|
Forsee Power SAS
PA:FORSE
|
$30.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atec T& Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 61,283,618,820 to 69,365,702,490, a change of 8,082,083,670 (13.2%).
- Net income of 10,787,333,920 contributed positively to equity growth.
- Dividend payments of 15,159,425,000 reduced retained earnings.
- Share repurchases of 3,161,237,960 reduced equity.
- Other factors increased equity by 15,615,412,710.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩10.79 Billion | +15.55% |
| Dividends Paid | ₩15.16 Billion | -21.85% |
| Share Repurchases | ₩3.16 Billion | -4.56% |
| Other Changes | ₩15.62 Billion | +22.51% |
| Total Change | ₩- | 13.19% |
Book Value vs Market Value Analysis
This analysis compares Atec T& 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: 0.65x
- 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 1.69x to 0.65x 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 | ₩5554.36 | ₩9380.00 | x |
| 2017-12-31 | ₩7223.44 | ₩9380.00 | x |
| 2018-12-31 | ₩8925.20 | ₩9380.00 | x |
| 2019-12-31 | ₩9267.69 | ₩9380.00 | x |
| 2020-12-31 | ₩9472.25 | ₩9380.00 | x |
| 2021-12-31 | ₩9522.75 | ₩9380.00 | x |
| 2022-12-31 | ₩10572.69 | ₩9380.00 | x |
| 2023-12-31 | ₩12208.87 | ₩9380.00 | x |
| 2024-12-31 | ₩14510.47 | ₩9380.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atec T& 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): 15.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.35%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 2.13x
- Recent ROE (15.55%) is above the historical average (8.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.07% | 6.70% | 0.41x | 1.13x | ₩-2.01 Billion |
| 2016 | 2.51% | 2.04% | 1.06x | 1.16x | ₩-2.20 Billion |
| 2017 | 23.06% | 21.49% | 0.38x | 2.81x | ₩4.98 Billion |
| 2018 | 6.52% | 2.59% | 1.14x | 2.21x | ₩-1.64 Billion |
| 2019 | 5.18% | 1.98% | 1.00x | 2.62x | ₩-2.36 Billion |
| 2020 | 5.25% | 2.21% | 1.07x | 2.23x | ₩-2.37 Billion |
| 2021 | 4.53% | 1.72% | 1.25x | 2.11x | ₩-2.74 Billion |
| 2022 | 7.90% | 2.86% | 1.03x | 2.67x | ₩-1.15 Billion |
| 2023 | 10.50% | 7.36% | 0.50x | 2.87x | ₩309.24 Million |
| 2024 | 15.55% | 10.35% | 0.71x | 2.13x | ₩3.85 Billion |
Industry Comparison
This section compares Atec T& Co. Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $134,347,170,985
- Average return on equity (ROE) among peers: 0.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atec T& Co. Ltd (224110) | ₩72.82 Billion | 3.07% | 0.40x | $30.39 Million |
| Gaon Cable (000500) | $263.58 Billion | -0.13% | 0.94x | $2.71 Billion |
| Huneed Tech (005870) | $161.58 Billion | 11.06% | 0.85x | $83.92 Million |
| Taihan Fiber Optics Co. Ltd (010170) | $60.41 Billion | -20.84% | 1.10x | $1.12 Billion |
| Humax Holdings Co. Ltd (028080) | $318.42 Billion | 4.63% | 0.20x | $72.29 Million |
| Comtec Sys (031820) | $46.31 Billion | 6.45% | 1.38x | $61.77 Million |
| KMW Inc. (032500) | $51.30 Billion | -16.93% | 3.16x | $821.46 Million |
| Insung Information Co. Ltd (033230) | $43.24 Billion | 2.63% | 0.96x | $66.08 Million |
| Bluecom Co. Ltd (033560) | $98.24 Billion | 3.78% | 0.06x | $37.87 Million |
| Kisan Telecom Co. Ltd (035460) | $32.07 Billion | 0.15% | 1.21x | $37.89 Million |
| Samji Electronics Co. Ltd (037460) | $268.33 Billion | 11.39% | 2.04x | $329.75 Million |
About Atec T& Co. Ltd
ATEC MOBILITY Co., Ltd develops and provides products and services in the transportation card field in South Korea and internationally. The company offers bus, railway, and taxi automated fare payment solutions. It also provides autonomous driving systems; cooperative-intelligent transport systems that collect, manage, and provide traffic information; shared bicyles; a commuter bus; and encrypted… Read more