TOPMATERIAL LTD Net Assets
TOPMATERIAL LTD net assets. Based on the latest financial reports, TOPMATERIAL LTD (360070) has net assets worth ₩99.06 Billion KRW (≈ $67.13 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩189.67 Billion ≈ $128.54 Million USD) and total liabilities (₩90.62 Billion ≈ $61.41 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. Also explore TOPMATERIAL LTD annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩99.06 Billion |
| % of Total Assets | 52.22% |
| Annual Growth Rate | 42.91% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 116.1 |
Net Assets of TOPMATERIAL LTD (2021–2025)
Net assets of TOPMATERIAL LTD from 2021 to 2025. This chart illustrates how TOPMATERIAL LTD's net assets have evolved over time, based on quarterly financial data. See how leveraged is TOPMATERIAL LTD's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for TOPMATERIAL LTD (2021–2025)
The table below shows the annual net assets of TOPMATERIAL LTD from 2021 to 2025. For live market cap and overall valuation, see how much is TOPMATERIAL LTD worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | ₩109.30 Billion ≈ $74.07 Million |
-22.59% |
| 2024-09-30 | ₩141.20 Billion ≈ $95.69 Million |
-9.25% |
| 2023-09-30 | ₩155.59 Billion ≈ $105.44 Million |
+61.51% |
| 2022-09-30 | ₩96.33 Billion ≈ $65.28 Million |
+267.64% |
| 2021-09-30 | ₩26.20 Billion ≈ $17.76 Million |
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Equity Component Analysis
This analysis shows how different components contribute to TOPMATERIAL 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 decreased by 1462573714000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
TOPMATERIAL LTD Net Assets Breakdown (September 2025)
TOPMATERIAL LTD net assets breakdown by equity component as of September 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩129.69 Billion | 118.66% |
| Total Equity | ₩109.30 Billion | 100.00% |
TOPMATERIAL LTD Competitors by Market Cap
The table below lists competitors of TOPMATERIAL LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korea Parts & Fasteners Co.Ltd
KQ:024880
|
$46.68 Million |
|
Primotec Group Ltd
TA:PRMG
|
$46.70 Million |
|
exax Inc
KQ:060230
|
$46.70 Million |
|
NIGHTINGALE HEALTH EO 1
F:7XE
|
$46.72 Million |
|
Grove Collaborative Holdings, Inc.
NYSE:GROV
|
$46.65 Million |
|
White Pearl Technology Group B
ST:WPTG-B
|
$46.65 Million |
|
Kukje Pharma Co Ltd
KO:002720
|
$46.64 Million |
|
ImageneBio, Inc.
NASDAQ:IMA
|
$46.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TOPMATERIAL LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 141,198,932,740 to 109,300,411,220, a change of -31,898,521,520 (-22.6%).
- Net loss of 30,695,078,620 reduced equity.
- Share repurchases of 1,918,465,700 reduced equity.
- New share issuances of 337,693,800 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-30.70 Billion | -28.08% |
| Share Repurchases | ₩1.92 Billion | -1.76% |
| Share Issuances | ₩337.69 Million | +0.31% |
| Other Changes | ₩377.33 Million | +0.35% |
| Total Change | ₩- | -22.59% |
Book Value vs Market Value Analysis
This analysis compares TOPMATERIAL 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: 0.63x
- 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 2.61x to 0.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-09-30 | ₩3281.82 | ₩8580.00 | x |
| 2022-09-30 | ₩12065.43 | ₩8580.00 | x |
| 2023-09-30 | ₩19486.37 | ₩8580.00 | x |
| 2024-09-30 | ₩17646.28 | ₩8580.00 | x |
| 2025-09-30 | ₩13653.45 | ₩8580.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TOPMATERIAL 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): -28.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -132.70%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.72x
- Recent ROE (-28.08%) is below the historical average (0.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 16.35% | 13.43% | 1.00x | 1.22x | ₩1.66 Billion |
| 2022 | 10.96% | 16.75% | 0.52x | 1.26x | ₩922.27 Million |
| 2023 | 11.29% | 14.38% | 0.60x | 1.31x | ₩2.01 Billion |
| 2024 | -5.78% | -7.69% | 0.51x | 1.47x | ₩-22.28 Billion |
| 2025 | -28.08% | -132.70% | 0.12x | 1.72x | ₩-41.63 Billion |
Industry Comparison
This section compares TOPMATERIAL LTD's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $730,604,085,144
- Average return on equity (ROE) among peers: 6.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TOPMATERIAL LTD (360070) | ₩99.06 Billion | 16.35% | 0.91x | $46.66 Million |
| Hankook Tire Worldwide (000240) | $3.39 Trillion | 4.67% | 0.06x | $1.50 Billion |
| Daewonkangup (000430) | $576.99 Billion | -1.19% | 0.70x | $166.60 Million |
| SG Choongbang Co Ltd (001380) | $149.71 Billion | 4.22% | 0.34x | $23.80 Million |
| Tae Won Mulsan (001420) | $31.33 Billion | 0.26% | 0.19x | $12.77 Million |
| Dongkook Ind (001620) | $180.71 Billion | 11.80% | 1.69x | $152.73 Million |
| PS Tec. Co. Ltd (002230) | $61.73 Billion | 10.69% | 0.37x | $46.81 Million |
| Nexen Tire (002350) | $1.03 Trillion | 12.11% | 1.50x | $375.37 Million |
| Nexen Tire Prf 1 (002355) | $1.56 Trillion | 7.59% | 1.21x | $17.05 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $105.69 Million |
| Yoo Sung Ent (002920) | $267.29 Billion | 6.25% | 0.41x | $27.39 Million |
About TOPMATERIAL LTD
TOP MATERIAL Co., Ltd manufactures and sells primary cells and batteries, and accumulators in South Korea. It offers cathode materials; and primer coatings and electrodes, as well as range of engineering services and equipment to design and set up a manufacturing line for cylindrical cells or pouch cells or AL prismatic cells for pilot scale or giga scale. The company was founded in 2012 and is h… Read more