PIMS Inc. (347770) - Net Assets
Based on the latest financial reports, PIMS Inc. (347770) has net assets worth ₩45.33 Billion KRW (≈ $30.72 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 (₩84.36 Billion ≈ $57.17 Million USD) and total liabilities (₩39.03 Billion ≈ $26.45 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 strategic asset allocation of PIMS Inc. to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩45.33 Billion |
| % of Total Assets | 53.74% |
| Annual Growth Rate | 42.28% |
| 5-Year Change | -19.8% |
| 10-Year Change | N/A |
| Growth Volatility | 116.71 |
PIMS Inc. - Net Assets Trend (2018–2025)
This chart illustrates how PIMS Inc.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of PIMS Inc..
Annual Net Assets for PIMS Inc. (2018–2025)
The table below shows the annual net assets of PIMS Inc. from 2018 to 2025. Also explore PIMS Inc. net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩45.39 Billion ≈ $30.76 Million |
-16.51% |
| 2024-12-31 | ₩54.36 Billion ≈ $36.84 Million |
-8.27% |
| 2023-12-31 | ₩59.26 Billion ≈ $40.16 Million |
+4.73% |
| 2022-12-31 | ₩56.58 Billion ≈ $38.35 Million |
-0.02% |
| 2021-12-31 | ₩56.59 Billion ≈ $38.35 Million |
+18.52% |
| 2020-12-31 | ₩47.75 Billion ≈ $32.36 Million |
+220.72% |
| 2019-12-31 | ₩14.89 Billion ≈ $10.09 Million |
+287.39% |
| 2018-12-31 | ₩3.84 Billion ≈ $2.60 Million |
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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 145.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩7.26 Billion | 15.54% |
| Other Components | ₩39.45 Billion | 84.46% |
| Total Equity | ₩46.71 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 |
|---|---|
|
MYMBN Berhad
KLSE:0280
|
$14.05 Million |
|
BALAXI PHARMACEUTICALS LIMITED
NSE:BALAXI
|
$14.06 Million |
|
Serstech AB
ST:SERT
|
$14.07 Million |
|
INOVIQ LTD.
F:EGQ0
|
$14.07 Million |
|
MMS Ventures Bhd
KLSE:0113
|
$14.05 Million |
|
Akritas S.A
AT:AKRIT
|
$14.04 Million |
|
HEC Infra Projects Limited
NSE:HECPROJECT
|
$14.04 Million |
|
Tier One Silver Inc
V:TSLV
|
$14.04 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 2024 to 2025, total equity changed from 54,360,910,770 to 46,705,132,580, a change of -7,655,778,190 (-14.1%).
- Net loss of 8,224,206,270 reduced equity.
- Other factors increased equity by 568,428,080.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-8.22 Billion | -17.61% |
| Other Changes | ₩568.43 Million | +1.22% |
| Total Change | ₩- | -14.08% |
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: 0.44x
- 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 1.31x to 0.44x 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 | ₩907.00 | x |
| 2019-12-31 | ₩2592.86 | ₩907.00 | x |
| 2020-12-31 | ₩6572.85 | ₩907.00 | x |
| 2021-12-31 | ₩2490.36 | ₩907.00 | x |
| 2022-12-31 | ₩2475.54 | ₩907.00 | x |
| 2023-12-31 | ₩2619.47 | ₩907.00 | x |
| 2024-12-31 | ₩2378.30 | ₩907.00 | x |
| 2025-12-31 | ₩2043.36 | ₩907.00 | 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): -17.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.98%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.73x
- Recent ROE (-17.61%) is below the historical average (11.12%), 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 |
| 2025 | -17.61% | -12.98% | 0.78x | 1.73x | ₩-12.89 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: $525,525,684,027
- Average return on equity (ROE) among peers: 4.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PIMS Inc. (347770) | ₩45.33 Billion | 48.61% | 0.86x | $14.05 Million |
| YoungPoong (000670) | $3.70 Trillion | 6.30% | 0.31x | $591.93 Million |
| Sam Hwa Capaci (001820) | $45.99 Billion | -13.51% | 1.37x | $1.01 Billion |
| Samick Music I (002450) | $143.99 Billion | 5.32% | 1.24x | $56.94 Million |
| Hansol Technics (004710) | $258.42 Billion | 10.81% | 1.09x | $212.70 Million |
| Sunny Elec (004770) | $30.46 Billion | 1.34% | 0.69x | $51.13 Million |
| Samyoung Elec (005680) | $468.63 Billion | 2.82% | 0.05x | $164.07 Million |
| PJ Electronics Co. Ltd (006140) | $100.53 Billion | 5.88% | 0.19x | $45.99 Million |
| Seondo Electric Co., Ltd. (007610) | $46.66 Billion | 6.72% | 0.18x | $56.87 Million |
| Isupetasys (007660) | $266.78 Billion | 17.89% | 1.35x | $5.16 Billion |
| Korea Circuit Co. Ltd. (007810) | $195.34 Billion | 0.40% | 0.85x | $853.27 Million |
About 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.