YM Tech Co. Ltd.
YM Tech Co., Ltd. develops and manufactures high-voltage switches. It offers EVR, EVH, EVHB, EVS, EVSB, DC contactor, latching, and military relay. The company was founded in 2004 and is headquartered in Cheongju-si, South Korea.
YM Tech Co. Ltd. (273640) - Net Assets
Latest net assets as of September 2025: ₩57.28 Billion KRW
Based on the latest financial reports, YM Tech Co. Ltd. (273640) has net assets worth ₩57.28 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩61.47 Billion) and total liabilities (₩4.19 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩57.28 Billion |
| % of Total Assets | 93.18% |
| Annual Growth Rate | 18.91% |
| 5-Year Change | 115.48% |
| 10-Year Change | N/A |
| Growth Volatility | 32.23 |
YM Tech Co. Ltd. - Net Assets Trend (2018–2024)
This chart illustrates how YM Tech Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for YM Tech Co. Ltd. (2018–2024)
The table below shows the annual net assets of YM Tech Co. Ltd. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩55.16 Billion | -6.93% |
| 2023-12-31 | ₩59.26 Billion | -0.28% |
| 2022-12-31 | ₩59.43 Billion | +21.48% |
| 2021-12-31 | ₩48.92 Billion | +91.12% |
| 2020-12-31 | ₩25.60 Billion | +17.29% |
| 2019-12-31 | ₩21.82 Billion | +11.86% |
| 2018-12-31 | ₩19.51 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to YM Tech 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 219.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩40.77 Billion | 73.92% |
| Other Components | ₩14.39 Billion | 26.08% |
| Total Equity | ₩55.16 Billion | 100.00% |
YM Tech Co. Ltd. Competitors by Market Cap
The table below lists competitors of YM Tech Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Generation Bio Co
NASDAQ:GBIO
|
$22.36 Million |
|
Keck Seng Investments (Hong Kong) Limited
PINK:KCKSF
|
$22.37 Million |
|
Northstar Clean Technologies Inc
OTCQB:ROOOF
|
$22.38 Million |
|
Rubenis Tekstil Ticaret A.S.
IS:RUBNS
|
$22.38 Million |
|
NUUO Inc.
TWO:6419
|
$22.35 Million |
|
YeaRimDang Publishing Co. Ltd
KQ:036000
|
$22.34 Million |
|
Great Elm Group Inc
NASDAQ:GEG
|
$22.34 Million |
|
Y-S Electronic Co Ltd
TWO:6418
|
$22.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in YM Tech Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 59,262,744,890 to 55,157,005,020, a change of -4,105,739,870 (-6.9%).
- Net income of 4,877,591,480 contributed positively to equity growth.
- Dividend payments of 1,937,615,940 reduced retained earnings.
- Share repurchases of 6,946,549,830 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩4.88 Billion | +8.84% |
| Dividends Paid | ₩1.94 Billion | -3.51% |
| Share Repurchases | ₩6.95 Billion | -12.59% |
| Other Changes | ₩-99.17 Million | -0.18% |
| Total Change | ₩- | -6.93% |
Book Value vs Market Value Analysis
This analysis compares YM Tech 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: 1.33x
- 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 3.97x to 1.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ₩1808.80 | ₩7180.00 | x |
| 2019-12-31 | ₩2023.38 | ₩7180.00 | x |
| 2020-12-31 | ₩2373.24 | ₩7180.00 | x |
| 2021-12-31 | ₩4461.16 | ₩7180.00 | x |
| 2022-12-31 | ₩5419.32 | ₩7180.00 | x |
| 2023-12-31 | ₩5404.23 | ₩7180.00 | x |
| 2024-12-31 | ₩5402.88 | ₩7180.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently YM Tech 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): 8.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.78%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.06x
- Recent ROE (8.84%) is below the historical average (14.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 22.64% | 24.91% | 0.81x | 1.12x | ₩2.47 Billion |
| 2019 | 6.88% | 12.19% | 0.52x | 1.09x | ₩-681.70 Million |
| 2020 | 15.10% | 22.69% | 0.60x | 1.11x | ₩1.31 Billion |
| 2021 | 13.18% | 21.47% | 0.58x | 1.07x | ₩1.55 Billion |
| 2022 | 21.42% | 25.82% | 0.77x | 1.07x | ₩6.79 Billion |
| 2023 | 11.27% | 19.15% | 0.57x | 1.03x | ₩751.80 Million |
| 2024 | 8.84% | 15.78% | 0.53x | 1.06x | ₩-638.11 Million |
Industry Comparison
This section compares YM Tech Co. Ltd.'s net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,169,826,858,518
- Average return on equity (ROE) among peers: 4.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| YM Tech Co. Ltd. (273640) | ₩57.28 Billion | 22.64% | 0.07x | $22.36 Million |
| Kumho Electric (001210) | $302.39 Billion | 8.90% | 0.83x | $23.46 Million |
| Taihan Electric Wire Co Ltd (001440) | $321.92 Billion | -0.92% | 2.64x | $2.17 Billion |
| Posco Chemical Co Ltd (003670) | $3.32 Trillion | -6.39% | 1.39x | $4.87 Billion |
| Sebang Global Battery Co Ltd (004490) | $1.34 Trillion | 8.71% | 0.37x | $222.68 Million |
| LS Corp (006260) | $3.01 Trillion | 4.09% | 2.33x | $3.06 Billion |
| Daewon Cable (006340) | $42.00 Billion | 0.90% | 1.45x | $196.28 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $113.85 Billion | 5.97% | 0.99x | $70.84 Million |
| Samsung SDI (006400) | $7.54 Trillion | 1.70% | 0.40x | $16.12 Billion |
| Samsung Sdi Co Pref (006405) | $15.20 Trillion | 7.70% | 0.70x | $7.85 Billion |
| LS Electric (010120) | $509.15 Billion | 18.56% | 1.33x | $7.89 Billion |