Picogram Co. Ltd. (376180) - Net Assets
Based on the latest financial reports, Picogram Co. Ltd. (376180) has net assets worth ₩39.40 Billion KRW (≈ $26.70 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 (₩61.79 Billion ≈ $41.88 Million USD) and total liabilities (₩22.39 Billion ≈ $15.17 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 Picogram Co. Ltd. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩39.40 Billion |
| % of Total Assets | 63.76% |
| Annual Growth Rate | 27.93% |
| 5-Year Change | 270.26% |
| 10-Year Change | N/A |
| Growth Volatility | 45.44 |
Picogram Co. Ltd. - Net Assets Trend (2018–2024)
This chart illustrates how Picogram Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Picogram Co. Ltd. assets under control for the complete picture of this company's asset base.
Annual Net Assets for Picogram Co. Ltd. (2018–2024)
The table below shows the annual net assets of Picogram Co. Ltd. from 2018 to 2024. For live valuation and market cap data, see market cap of Picogram Co. Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩43.09 Billion ≈ $29.20 Million |
+20.24% |
| 2023-12-31 | ₩35.83 Billion ≈ $24.28 Million |
+14.57% |
| 2022-12-31 | ₩31.28 Billion ≈ $21.20 Million |
+14.66% |
| 2021-12-31 | ₩27.28 Billion ≈ $18.49 Million |
+134.42% |
| 2020-12-31 | ₩11.64 Billion ≈ $7.89 Million |
+16.97% |
| 2019-12-31 | ₩9.95 Billion ≈ $6.74 Million |
+1.26% |
| 2018-12-31 | ₩9.82 Billion ≈ $6.66 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Picogram 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 194.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩28.79 Billion | 66.82% |
| Common Stock | ₩1.85 Billion | 4.29% |
| Other Components | ₩12.45 Billion | 28.89% |
| Total Equity | ₩43.09 Billion | 100.00% |
Picogram Co. Ltd. Competitors by Market Cap
The table below lists competitors of Picogram Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Intchains Group Limited American Depositary Shares
NASDAQ:ICG
|
$37.04 Million |
|
XPLUS SA ZY -01
F:75R
|
$37.05 Million |
|
Brand 24 SA
WAR:B24
|
$37.06 Million |
|
Revoil S.A
AT:REVOIL
|
$37.07 Million |
|
Artea SA
PA:ARTE
|
$37.03 Million |
|
Home Capital Rentals SOCIMI S.A.
MC:YHCR
|
$37.02 Million |
|
Dedicare AB (publ)
ST:DEDI
|
$37.01 Million |
|
Duro Felguera
MC:MDF
|
$37.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Picogram Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 35,832,397,320 to 43,085,368,570, a change of 7,252,971,250 (20.2%).
- Net income of 7,127,387,800 contributed positively to equity growth.
- Share repurchases of 59,616,000 reduced equity.
- New share issuances of 59,616,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩7.13 Billion | +16.54% |
| Share Repurchases | ₩59.62 Million | -0.14% |
| Share Issuances | ₩59.62 Million | +0.14% |
| Other Changes | ₩125.58 Million | +0.29% |
| Total Change | ₩- | 20.24% |
Book Value vs Market Value Analysis
This analysis compares Picogram 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: 1.26x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.36x to 1.26x 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 | ₩551.92 | ₩2960.00 | x |
| 2019-12-31 | ₩558.90 | ₩2960.00 | x |
| 2020-12-31 | ₩653.76 | ₩2960.00 | x |
| 2021-12-31 | ₩1532.55 | ₩2960.00 | x |
| 2022-12-31 | ₩1716.35 | ₩2960.00 | x |
| 2023-12-31 | ₩1955.72 | ₩2960.00 | x |
| 2024-12-31 | ₩2342.06 | ₩2960.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Picogram 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): 16.54%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.17%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.81x
- Recent ROE (16.54%) is above the historical average (10.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 6.48% | 3.33% | 0.54x | 3.62x | ₩-346.10 Million |
| 2019 | 0.86% | 0.45% | 0.52x | 3.62x | ₩-909.59 Million |
| 2020 | 17.14% | 8.21% | 0.65x | 3.23x | ₩830.32 Million |
| 2021 | 9.28% | 9.58% | 0.53x | 1.84x | ₩-195.71 Million |
| 2022 | 10.25% | 10.91% | 0.57x | 1.65x | ₩76.97 Million |
| 2023 | 12.43% | 16.08% | 0.40x | 1.92x | ₩871.29 Million |
| 2024 | 16.54% | 22.17% | 0.41x | 1.81x | ₩2.82 Billion |
Industry Comparison
This section compares Picogram Co. Ltd.'s net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $304,523,437,341
- Average return on equity (ROE) among peers: 9.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Picogram Co. Ltd. (376180) | ₩39.40 Billion | 6.48% | 0.57x | $37.04 Million |
| Shinil Electronics Co (002700) | $12.93 Billion | 5.17% | 2.87x | $68.73 Million |
| Ace Bed Company Limited (003800) | $614.67 Billion | 8.85% | 0.12x | $247.18 Million |
| Hankook Furniture Co. Ltd (004590) | $77.44 Billion | 7.77% | 0.19x | $58.25 Million |
| Hanssem (009240) | $350.66 Billion | 43.10% | 2.04x | $470.80 Million |
| Enex Co.Ltd (011090) | $45.26 Billion | -19.65% | 1.50x | $17.20 Million |
| Zinus Inc (013890) | $374.14 Billion | 19.36% | 1.02x | $191.38 Million |
| Fursys (016800) | $368.15 Billion | 6.30% | 0.13x | $217.72 Million |
| COWAY Co. Ltd (021240) | $1.04 Trillion | 24.02% | 0.56x | $4.22 Billion |
| PN Poong Nyun Co. Ltd (024940) | $48.02 Billion | 4.52% | 0.15x | $20.76 Million |
| Hansol Homedec (025750) | $114.53 Billion | 0.00% | 1.42x | $146.32 Million |
About Picogram Co. Ltd.
Picogram.co.,Ltd. provides environment home appliance products in Korea, Europe, Asia, the United States. It offers countertop water purifiers, that includes hot and cold water purifiers; residential water filter system, such as PUREAL hybrid home system10, PnP filter system, puri series filter system, and eco filter system; commercial water filter system, that includes PUREAL hybrid home system1… Read more