NOVATECH Co. Ltd (285490) - Net Assets
Based on the latest financial reports, NOVATECH Co. Ltd (285490) has net assets worth ₩150.41 Billion KRW (≈ $101.93 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 (₩184.66 Billion ≈ $125.14 Million USD) and total liabilities (₩34.24 Billion ≈ $23.20 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. For live market cap and overall valuation, see market value of NOVATECH Co. Ltd.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩150.41 Billion |
| % of Total Assets | 81.46% |
| Annual Growth Rate | 45.84% |
| 5-Year Change | 38.89% |
| 10-Year Change | 1677.74% |
| Growth Volatility | 56.69 |
NOVATECH Co. Ltd - Net Assets Trend (2015–2025)
This chart illustrates how NOVATECH Co. Ltd's net assets have evolved over time, based on quarterly financial data.
Annual Net Assets for NOVATECH Co. Ltd (2015–2025)
The table below shows the annual net assets of NOVATECH Co. Ltd from 2015 to 2025. See NOVATECH Co. Ltd (285490) balance sheet quality index to measure how much of total assets are equity-financed.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩163.29 Billion ≈ $110.66 Million |
-4.47% |
| 2024-12-31 | ₩170.93 Billion ≈ $115.84 Million |
+7.70% |
| 2023-12-31 | ₩158.71 Billion ≈ $107.55 Million |
+23.74% |
| 2022-12-31 | ₩128.25 Billion ≈ $86.92 Million |
+9.10% |
| 2021-12-31 | ₩117.56 Billion ≈ $79.67 Million |
+65.21% |
| 2020-12-31 | ₩71.16 Billion ≈ $48.22 Million |
+149.97% |
| 2019-12-31 | ₩28.47 Billion ≈ $19.29 Million |
-8.58% |
| 2018-12-31 | ₩31.14 Billion ≈ $21.10 Million |
+96.14% |
| 2017-12-31 | ₩15.88 Billion ≈ $10.76 Million |
+72.84% |
| 2016-12-31 | ₩9.19 Billion ≈ $6.22 Million |
+145.02% |
| 2015-12-31 | ₩3.75 Billion ≈ $2.54 Million |
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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 4144.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩155.63 Billion | 97.96% |
| Other Components | ₩3.24 Billion | 2.04% |
| Total Equity | ₩158.87 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 |
|---|---|
|
Advero Properties SOCIMI S.A.
MC:YADV
|
$79.03 Million |
|
Westhaven Ventures Inc
V:WHN
|
$79.04 Million |
|
Questerre Energy Corporation
TO:QEC
|
$79.05 Million |
|
Gascogne SA
PA:ALBI
|
$79.05 Million |
|
Lee Chi Enterprises Co Ltd
TW:1517
|
$79.02 Million |
|
KKB Engineering Berhad
KLSE:9466
|
$79.01 Million |
|
Rekor Systems Inc
NASDAQ:REKR
|
$79.00 Million |
|
Asia Pacific Satellite Inc
KQ:211270
|
$79.00 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 2024 to 2025, total equity changed from 166,506,682,380 to 158,870,096,520, a change of -7,636,585,860 (-4.6%).
- Net income of 17,714,157,890 contributed positively to equity growth.
- Dividend payments of 13,931,991,920 reduced retained earnings.
- Share repurchases of 10,063,916,810 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩17.71 Billion | +11.15% |
| Dividends Paid | ₩13.93 Billion | -8.77% |
| Share Repurchases | ₩10.06 Billion | -6.33% |
| Other Changes | ₩-1.35 Billion | -0.85% |
| Total Change | ₩- | -4.59% |
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: 0.73x
- 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 9.89x to 0.73x 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 | ₩12020.00 | x |
| 2017-12-31 | ₩1999.91 | ₩12020.00 | x |
| 2018-12-31 | ₩3204.68 | ₩12020.00 | x |
| 2019-12-31 | ₩2735.04 | ₩12020.00 | x |
| 2020-12-31 | ₩6748.34 | ₩12020.00 | x |
| 2021-12-31 | ₩11330.36 | ₩12020.00 | x |
| 2022-12-31 | ₩12582.78 | ₩12020.00 | x |
| 2023-12-31 | ₩15227.48 | ₩12020.00 | x |
| 2024-12-31 | ₩16839.51 | ₩12020.00 | x |
| 2025-12-31 | ₩16375.46 | ₩12020.00 | 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): 11.15%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.87%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.10x
- Recent ROE (11.15%) is below the historical average (27.66%), 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 |
| 2025 | 11.15% | 31.87% | 0.32x | 1.10x | ₩1.83 Billion |
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: $591,832,414,541
- Average return on equity (ROE) among peers: 9.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NOVATECH Co. Ltd (285490) | ₩150.41 Billion | 71.53% | 0.23x | $79.03 Million |
| YoungPoong (000670) | $4.28 Trillion | -1.42% | 0.30x | $502.19 Million |
| Sam Hwa Capaci (001820) | $22.52 Billion | 31.89% | 1.98x | $753.09 Million |
| Samick Music I (002450) | $218.09 Billion | 3.80% | 0.87x | $58.12 Million |
| Hansol Technics (004710) | $126.88 Billion | 16.68% | 1.20x | $147.12 Million |
| Sunny Elec (004770) | $81.00 Billion | 4.77% | 0.02x | $42.42 Million |
| Samyoung Elec (005680) | $463.27 Billion | 2.98% | 0.05x | $158.14 Million |
| PJ Electronics Co. Ltd (006140) | $97.04 Billion | 7.96% | 0.18x | $48.05 Million |
| Seondo Electric Co., Ltd. (007610) | $31.27 Billion | 31.30% | 1.77x | $48.18 Million |
| Isupetasys (007660) | $198.07 Billion | 1.88% | 1.78x | $5.61 Billion |
| Korea Circuit Co. Ltd. (007810) | $397.41 Billion | 0.04% | 0.37x | $989.79 Million |
About 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