YCC CORP (232140) - Net Assets
Based on the latest financial reports, YCC CORP (232140) has net assets worth ₩447.33 Billion KRW (≈ $303.15 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 (₩570.02 Billion ≈ $386.30 Million USD) and total liabilities (₩122.69 Billion ≈ $83.15 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 strategic asset allocation of YCC CORP to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩447.33 Billion |
| % of Total Assets | 78.48% |
| Annual Growth Rate | -1.34% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.73 |
YCC CORP - Net Assets Trend (2021–2024)
This chart illustrates how YCC CORP's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of YCC CORP.
Annual Net Assets for YCC CORP (2021–2024)
The table below shows the annual net assets of YCC CORP from 2021 to 2024. Also explore net asset momentum of YCC CORP to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩325.42 Billion ≈ $220.53 Million |
+5.28% |
| 2023-12-31 | ₩309.09 Billion ≈ $209.47 Million |
+5.19% |
| 2022-12-31 | ₩293.83 Billion ≈ $199.12 Million |
-13.29% |
| 2021-12-31 | ₩338.86 Billion ≈ $229.64 Million |
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Equity Component Analysis
This analysis shows how different components contribute to YCC CORP'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 39.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩179.49 Billion | 55.16% |
| Common Stock | ₩8.20 Billion | 2.52% |
| Other Components | ₩137.72 Billion | 42.32% |
| Total Equity | ₩325.42 Billion | 100.00% |
YCC CORP Competitors by Market Cap
The table below lists competitors of YCC CORP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AnShan Heavy Duty Mining Machinery Co Ltd
SHE:002667
|
$794.69 Million |
|
Lotte Reit Co Ltd
KO:330590
|
$795.07 Million |
|
Pharming Group NV
NASDAQ:PHAR
|
$795.24 Million |
|
Ningbo Zhongbai Co Ltd
SHG:600857
|
$795.68 Million |
|
Nanjing Hongbaoli Corp Ltd
SHE:002165
|
$794.04 Million |
|
DBV Technologies
NASDAQ:DBVT
|
$793.78 Million |
|
Suzhou Longway Electronic Machinery Co. Ltd. A
SHE:301202
|
$793.59 Million |
|
Shenzhen INVT Electric Co Ltd
SHE:002334
|
$793.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in YCC CORP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 309,091,534,580 to 325,417,559,640, a change of 16,326,025,060 (5.3%).
- Net income of 11,029,021,440 contributed positively to equity growth.
- Share repurchases of 709,078,500 reduced equity.
- New share issuances of 709,078,500 increased equity.
- Other factors increased equity by 5,297,003,620.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩11.03 Billion | +3.39% |
| Share Repurchases | ₩709.08 Million | -0.22% |
| Share Issuances | ₩709.08 Million | +0.22% |
| Other Changes | ₩5.30 Billion | +1.63% |
| Total Change | ₩- | 5.28% |
Book Value vs Market Value Analysis
This analysis compares YCC CORP'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: 3.53x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4.15x to 3.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | ₩3447.18 | ₩14310.00 | x |
| 2022-12-31 | ₩3662.61 | ₩14310.00 | x |
| 2023-12-31 | ₩3852.84 | ₩14310.00 | x |
| 2024-12-31 | ₩4054.42 | ₩14310.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently YCC CORP 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): 3.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.22%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.77x
- Recent ROE (3.39%) is below the historical average (8.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 16.04% | 14.45% | 0.68x | 1.64x | ₩16.93 Billion |
| 2022 | 8.89% | 9.16% | 0.55x | 1.77x | ₩-3.25 Billion |
| 2023 | 4.38% | 5.30% | 0.53x | 1.55x | ₩-17.38 Billion |
| 2024 | 3.39% | 5.22% | 0.37x | 1.77x | ₩-21.51 Billion |
Industry Comparison
This section compares YCC CORP's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $241,952,491,471
- Average return on equity (ROE) among peers: 4.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| YCC CORP (232140) | ₩447.33 Billion | 16.04% | 0.27x | $794.68 Million |
| D I Corp (003160) | $69.39 Billion | 2.63% | 0.60x | $646.45 Million |
| Samick Thk (004380) | $188.35 Billion | 1.73% | 1.08x | $106.47 Million |
| PSMC CO. Ltd (024850) | $68.55 Billion | 0.00% | 0.61x | $1.40 Billion |
| Mirae Corporation (025560) | $176.59 Billion | 1.43% | 0.31x | $118.63 Million |
| KC Co. Ltd (029460) | $968.72 Billion | 4.53% | 0.19x | $327.35 Million |
| MK Electron Co. Ltd (033160) | $299.60 Billion | 14.93% | 4.29x | $222.12 Million |
| Signetics Corporation (033170) | $167.65 Billion | 0.96% | 0.39x | $168.48 Million |
| Nepes Corporation (033640) | $149.44 Billion | -5.58% | 1.58x | $429.74 Million |
| EO Technics Co. Ltd (039030) | $93.56 Billion | 12.08% | 0.41x | $3.95 Billion |
| STI Co. Ltd (039440) | $237.68 Billion | 10.13% | 0.33x | $207.73 Million |
About YCC CORP
YC Corporation engages in the development, manufacture, and sale of inspection equipment for semiconductor memories in South Korea and internationally. Its semiconductor testers include NAND and DRAM wafer tester products. The company was founded in 1991 and is headquartered in Seongnam-si, South Korea. YC Corporation is a subsidiary of SEMTEK Corporation.