PSK Inc (319660) - Net Assets
Based on the latest financial reports, PSK Inc (319660) has net assets worth ₩517.61 Billion KRW (≈ $350.78 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 (₩608.69 Billion ≈ $412.50 Million USD) and total liabilities (₩91.08 Billion ≈ $61.72 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 319660 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩517.61 Billion |
| % of Total Assets | 85.04% |
| Annual Growth Rate | 20.29% |
| 5-Year Change | 117.0% |
| 10-Year Change | N/A |
| Growth Volatility | 7.3 |
PSK Inc - Net Assets Trend (2019–2024)
This chart illustrates how PSK Inc's net assets have evolved over time, based on quarterly financial data. Also explore 319660 total assets for the complete picture of this company's asset base.
Annual Net Assets for PSK Inc (2019–2024)
The table below shows the annual net assets of PSK Inc from 2019 to 2024. For live valuation and market cap data, see 319660 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩471.72 Billion ≈ $319.68 Million |
+20.16% |
| 2023-12-31 | ₩392.57 Billion ≈ $266.04 Million |
+11.11% |
| 2022-12-31 | ₩353.31 Billion ≈ $239.43 Million |
+22.22% |
| 2021-12-31 | ₩289.07 Billion ≈ $195.90 Million |
+32.98% |
| 2020-12-31 | ₩217.38 Billion ≈ $147.31 Million |
+16.09% |
| 2019-12-31 | ₩187.25 Billion ≈ $126.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PSK Inc'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 1698.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩276.23 Billion | 58.56% |
| Common Stock | ₩14.62 Billion | 3.10% |
| Other Components | ₩180.86 Billion | 38.34% |
| Total Equity | ₩471.72 Billion | 100.00% |
PSK Inc Competitors by Market Cap
The table below lists competitors of PSK Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vishay Intertechnology Inc
NYSE:VSH
|
$1.74 Billion |
|
China National Accord Medicines Corp Ltd
SHE:000028
|
$1.74 Billion |
|
IMAX Corporation
F:IMA
|
$1.74 Billion |
|
Recursion Pharmaceuticals Inc
NASDAQ:RXRX
|
$1.74 Billion |
|
Gas Malaysia Bhd
KLSE:5209
|
$1.74 Billion |
|
Gujarat State Petronet Limited
NSE:GSPL
|
$1.74 Billion |
|
Quick Intelligent Equipment Co Ltd
SHG:603203
|
$1.74 Billion |
|
Zhejiang Weixing Industrial Development Co Ltd
SHE:002003
|
$1.74 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PSK Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 392,569,607,130 to 471,716,805,680, a change of 79,147,198,550 (20.2%).
- Net income of 79,128,216,290 contributed positively to equity growth.
- Dividend payments of 5,793,342,800 reduced retained earnings.
- Other factors increased equity by 5,812,325,060.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩79.13 Billion | +16.77% |
| Dividends Paid | ₩5.79 Billion | -1.23% |
| Other Changes | ₩5.81 Billion | +1.23% |
| Total Change | ₩- | 20.16% |
Book Value vs Market Value Analysis
This analysis compares PSK Inc'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: 5.45x
- 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 13.41x to 5.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₩6613.81 | ₩88700.00 | x |
| 2020-12-31 | ₩7418.18 | ₩88700.00 | x |
| 2021-12-31 | ₩9887.90 | ₩88700.00 | x |
| 2022-12-31 | ₩12197.02 | ₩88700.00 | x |
| 2023-12-31 | ₩13552.44 | ₩88700.00 | x |
| 2024-12-31 | ₩16284.79 | ₩88700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PSK Inc 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): 16.77%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.88%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.21x
- Recent ROE (16.77%) is above the historical average (16.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 8.00% | 9.68% | 0.69x | 1.20x | ₩-3.75 Billion |
| 2020 | 10.24% | 8.38% | 0.99x | 1.24x | ₩521.55 Million |
| 2021 | 26.54% | 17.21% | 1.08x | 1.43x | ₩47.82 Billion |
| 2022 | 21.92% | 16.80% | 0.98x | 1.34x | ₩42.11 Billion |
| 2023 | 13.38% | 14.93% | 0.71x | 1.26x | ₩13.26 Billion |
| 2024 | 16.77% | 19.88% | 0.70x | 1.21x | ₩31.96 Billion |
Industry Comparison
This section compares PSK Inc's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $298,928,040,544
- Average return on equity (ROE) among peers: -1.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PSK Inc (319660) | ₩517.61 Billion | 8.00% | 0.18x | $1.74 Billion |
| D I Corp (003160) | $108.77 Billion | 0.00% | 0.73x | $586.24 Million |
| Samick Thk (004380) | $159.77 Billion | 10.35% | 0.64x | $139.72 Million |
| PSMC CO. Ltd (024850) | $14.94 Billion | -25.46% | 1.24x | $451.89 Million |
| Mirae Corporation (025560) | $73.10 Billion | -12.99% | 0.16x | $46.76 Million |
| KC Co. Ltd (029460) | $790.76 Billion | 12.59% | 0.27x | $294.96 Million |
| MK Electron Co. Ltd (033160) | $977.12 Billion | -3.61% | 1.36x | $395.23 Million |
| Signetics Corporation (033170) | $174.87 Billion | -2.60% | 0.35x | $50.89 Million |
| Nepes Corporation (033640) | $149.44 Billion | -5.58% | 1.58x | $500.06 Million |
| EO Technics Co. Ltd (039030) | $389.21 Billion | 3.11% | 0.15x | $3.91 Billion |
| STI Co. Ltd (039440) | $151.31 Billion | 12.89% | 0.68x | $373.52 Million |
About PSK Inc
PSK Inc. develops, manufactures, and sells semiconductor processing equipment worldwide. The company offers dry strip, selective material removal, bevel etch, integrated process equipment, dry cleaning, new hard mask strip, etch back, power device etch, and wafer edge clean products. It also provides 3D IC packing equipment. PSK Inc. company was founded in 1990 and is headquartered in Hwaseong-si… Read more