NOVATECH Co. Ltd
Novatech Co., Ltd., together with its subsidiaries, engages in the design, manufacture, and sale of magnet and magnet applications in South Korea. The company offers magnet, shield magnet, and magnet plate for various IT devices. It also offers tablet cover, phone cover and case, and mobile accessories. In addition, the company provides motor position sensor magnet and electronic power steering m… Read more
NOVATECH Co. Ltd (285490) - Net Assets
Latest net assets as of September 2025: ₩158.01 Billion KRW
Based on the latest financial reports, NOVATECH Co. Ltd (285490) has net assets worth ₩158.01 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 (₩170.53 Billion) and total liabilities (₩12.52 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 | ₩158.01 Billion |
| % of Total Assets | 92.66% |
| Annual Growth Rate | 52.86% |
| 5-Year Change | 140.2% |
| 10-Year Change | N/A |
| Growth Volatility | 55.89 |
NOVATECH Co. Ltd - Net Assets Trend (2015–2024)
This chart illustrates how NOVATECH 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 NOVATECH Co. Ltd (2015–2024)
The table below shows the annual net assets of NOVATECH Co. Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩170.93 Billion | +7.70% |
| 2023-12-31 | ₩158.71 Billion | +23.74% |
| 2022-12-31 | ₩128.25 Billion | +9.10% |
| 2021-12-31 | ₩117.56 Billion | +65.21% |
| 2020-12-31 | ₩71.16 Billion | +149.97% |
| 2019-12-31 | ₩28.47 Billion | -8.58% |
| 2018-12-31 | ₩31.14 Billion | +96.14% |
| 2017-12-31 | ₩15.88 Billion | +72.84% |
| 2016-12-31 | ₩9.19 Billion | +145.02% |
| 2015-12-31 | ₩3.75 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to NOVATECH 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 4040.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩151.84 Billion | 91.19% |
| Other Components | ₩14.67 Billion | 8.81% |
| Total Equity | ₩166.51 Billion | 100.00% |
NOVATECH Co. Ltd Competitors by Market Cap
The table below lists competitors of NOVATECH Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Siam Wellness Group Public Company Limited
BK:SPA
|
$51.34 Million |
|
GCT Semiconductor Holding Inc
NYSE:GCTS
|
$51.35 Million |
|
Deutsch Motors Inc
KQ:067990
|
$51.35 Million |
|
Yuhwa Securities Co Ltd
KO:003465
|
$51.37 Million |
|
Excel Industries Limited
NSE:EXCELINDUS
|
$51.34 Million |
|
Solomon Systech (International) Limited
F:RZF
|
$51.33 Million |
|
KMFG
PINK:KMFG
|
$51.30 Million |
|
FDC International Hotels Corp
TW:2748
|
$51.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NOVATECH Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 154,207,392,840 to 166,506,682,380, a change of 12,299,289,540 (8.0%).
- Net income of 17,319,594,440 contributed positively to equity growth.
- Dividend payments of 5,561,966,120 reduced retained earnings.
- Share repurchases of 4,745,809,940 reduced equity.
- New share issuances of 6,957,000 increased equity.
- Other factors increased equity by 5,280,514,160.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩17.32 Billion | +10.4% |
| Dividends Paid | ₩5.56 Billion | -3.34% |
| Share Repurchases | ₩4.75 Billion | -2.85% |
| Share Issuances | ₩6.96 Million | +0.0% |
| Other Changes | ₩5.28 Billion | +3.17% |
| Total Change | ₩- | 7.98% |
Book Value vs Market Value Analysis
This analysis compares NOVATECH 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: 1.25x
- 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 17.32x to 1.25x 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 | ₩1215.54 | ₩21050.00 | x |
| 2017-12-31 | ₩1999.91 | ₩21050.00 | x |
| 2018-12-31 | ₩3204.68 | ₩21050.00 | x |
| 2019-12-31 | ₩2735.04 | ₩21050.00 | x |
| 2020-12-31 | ₩6748.34 | ₩21050.00 | x |
| 2021-12-31 | ₩11330.36 | ₩21050.00 | x |
| 2022-12-31 | ₩12582.78 | ₩21050.00 | x |
| 2023-12-31 | ₩15227.48 | ₩21050.00 | x |
| 2024-12-31 | ₩16839.51 | ₩21050.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NOVATECH 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): 10.40%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.32%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.10x
- Recent ROE (10.40%) is below the historical average (29.32%), 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 | 71.53% | 39.43% | 1.56x | 1.16x | ₩2.31 Billion |
| 2016 | 49.38% | 33.71% | 1.33x | 1.10x | ₩3.62 Billion |
| 2017 | 25.04% | 18.68% | 1.15x | 1.16x | ₩2.39 Billion |
| 2018 | 22.05% | 26.53% | 0.78x | 1.07x | ₩3.75 Billion |
| 2019 | 17.19% | 18.73% | 0.65x | 1.40x | ₩2.05 Billion |
| 2020 | 30.87% | 32.37% | 0.66x | 1.45x | ₩14.85 Billion |
| 2021 | 34.49% | 44.81% | 0.65x | 1.19x | ₩28.79 Billion |
| 2022 | 12.95% | 15.03% | 0.76x | 1.14x | ₩3.78 Billion |
| 2023 | 19.24% | 32.10% | 0.55x | 1.10x | ₩14.25 Billion |
| 2024 | 10.40% | 26.32% | 0.36x | 1.10x | ₩668.93 Million |
Industry Comparison
This section compares NOVATECH Co. Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $593,219,178,048
- Average return on equity (ROE) among peers: 7.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NOVATECH Co. Ltd (285490) | ₩158.01 Billion | 71.53% | 0.08x | $51.34 Million |
| YoungPoong (000670) | $3.51 Trillion | 3.16% | 0.35x | $163.19 Million |
| Sam Hwa Capaci (001820) | $174.82 Billion | 13.34% | 0.34x | $256.49 Million |
| Samick Music I (002450) | $143.99 Billion | 5.32% | 1.24x | $31.50 Million |
| Hansol Technics (004710) | $261.84 Billion | 2.47% | 0.89x | $82.90 Million |
| Sunny Elec (004770) | $19.63 Billion | 0.00% | 1.03x | $36.14 Million |
| Samyoung Elec (005680) | $402.18 Billion | 3.32% | 0.10x | $93.40 Million |
| PJ Electronics Co. Ltd (006140) | $115.62 Billion | 7.11% | 0.48x | $20.17 Million |
| Isupetasys (007660) | $266.78 Billion | 17.89% | 1.35x | $4.07 Billion |
| Korea Circuit Co Ltd (007815) | $751.61 Billion | 9.13% | 0.72x | $165.34 Million |
| Daeduck Co. Ltd. (008060) | $288.35 Billion | 15.53% | 0.32x | $232.36 Million |