PIMS Inc.
PIMS Inc. manufactures and sells OLED metal masks, flat panel displays, and electronic components. It offers mask frames and cleaning and coating services. The company was founded in 2015 and is based in Incheon, South Korea.
PIMS Inc. (347770) - Net Assets
Latest net assets as of September 2025: ₩50.02 Billion KRW
Based on the latest financial reports, PIMS Inc. (347770) has net assets worth ₩50.02 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 (₩85.13 Billion) and total liabilities (₩35.11 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 | ₩50.02 Billion |
| % of Total Assets | 58.76% |
| Annual Growth Rate | 55.5% |
| 5-Year Change | 13.84% |
| 10-Year Change | N/A |
| Growth Volatility | 119.82 |
PIMS Inc. - Net Assets Trend (2018–2024)
This chart illustrates how PIMS Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PIMS Inc. (2018–2024)
The table below shows the annual net assets of PIMS Inc. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩54.36 Billion | -8.27% |
| 2023-12-31 | ₩59.26 Billion | +4.73% |
| 2022-12-31 | ₩56.58 Billion | -0.02% |
| 2021-12-31 | ₩56.59 Billion | +18.52% |
| 2020-12-31 | ₩47.75 Billion | +220.72% |
| 2019-12-31 | ₩14.89 Billion | +287.39% |
| 2018-12-31 | ₩3.84 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PIMS 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 422.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩15.48 Billion | 28.48% |
| Common Stock | ₩11.53 Billion | 21.21% |
| Other Components | ₩27.35 Billion | 50.31% |
| Total Equity | ₩54.36 Billion | 100.00% |
PIMS Inc. Competitors by Market Cap
The table below lists competitors of PIMS Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Y-Optics Manufacture Co. Ltd
KQ:066430
|
$11.75 Million |
|
Summit
TA:SMT
|
$11.75 Million |
|
Emyria Ltd
AU:EMD
|
$11.75 Million |
|
J2KBIO Co., Ltd.
KQ:420570
|
$11.76 Million |
|
Zodiac Energy Limited
NSE:ZODIAC
|
$11.75 Million |
|
CQV Co. Ltd
KQ:101240
|
$11.74 Million |
|
Vikas EcoTech Limited
NSE:VIKASECO
|
$11.74 Million |
|
24SevenOffice Scandinavia AB
ST:247
|
$11.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PIMS Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 59,873,422,660 to 54,360,910,770, a change of -5,512,511,890 (-9.2%).
- Net loss of 5,653,239,300 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-5.65 Billion | -10.4% |
| Other Changes | ₩140.73 Million | +0.26% |
| Total Change | ₩- | -9.21% |
Book Value vs Market Value Analysis
This analysis compares PIMS 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: 0.52x
- 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 1.80x to 0.52x 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 | ₩692.38 | ₩1243.00 | x |
| 2019-12-31 | ₩2592.86 | ₩1243.00 | x |
| 2020-12-31 | ₩6572.85 | ₩1243.00 | x |
| 2021-12-31 | ₩2490.36 | ₩1243.00 | x |
| 2022-12-31 | ₩2475.54 | ₩1243.00 | x |
| 2023-12-31 | ₩2619.47 | ₩1243.00 | x |
| 2024-12-31 | ₩2378.30 | ₩1243.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PIMS 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): -10.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.31%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.48x
- Recent ROE (-10.40%) is below the historical average (15.22%), 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 | 48.61% | 15.27% | 1.86x | 1.71x | ₩1.48 Billion |
| 2019 | 37.24% | 14.67% | 1.36x | 1.87x | ₩4.06 Billion |
| 2020 | 10.26% | 12.10% | 0.60x | 1.41x | ₩124.97 Million |
| 2021 | 12.91% | 10.89% | 0.76x | 1.57x | ₩1.65 Billion |
| 2022 | 3.24% | 2.19% | 0.89x | 1.66x | ₩-3.83 Billion |
| 2023 | 4.68% | 3.29% | 0.99x | 1.45x | ₩-3.19 Billion |
| 2024 | -10.40% | -9.31% | 0.75x | 1.48x | ₩-11.09 Billion |
Industry Comparison
This section compares PIMS Inc.'s net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $1,182,735,888,965
- Average return on equity (ROE) among peers: 13.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PIMS Inc. (347770) | ₩50.02 Billion | 48.61% | 0.70x | $11.75 Million |
| YoungPoong (000670) | $1.92 Trillion | 12.09% | 0.37x | $141.87 Million |
| Sam Hwa Capaci (001820) | $32.31 Billion | 5.37% | 1.45x | $256.49 Million |
| Samick Music I (002450) | $129.03 Billion | 85.85% | 1.36x | $30.81 Million |
| Hansol Technics (004710) | $279.10 Billion | 9.39% | 1.12x | $84.94 Million |
| Sunny Elec (004770) | $14.69 Billion | -26.30% | 0.94x | $33.79 Million |
| PJ Electronics Co. Ltd (006140) | $104.92 Billion | 6.76% | 0.22x | $20.94 Million |
| Isupetasys (007660) | $163.27 Billion | 14.70% | 0.84x | $4.21 Billion |
| Korea Circuit Co. Ltd. (007810) | $99.55 Billion | 14.09% | 1.24x | $425.68 Million |
| Kyung In Elect (009140) | $70.58 Billion | 8.20% | 0.06x | $7.73 Million |
| Samsung Electro-Mechanics (009150) | $9.02 Trillion | 7.53% | 0.42x | $17.64 Billion |