TFE Co. Ltd.
Tfe Inc. engages in the manufacture and sale of semiconductor IC testing equipment in South Korea and internationally. It offers memory and SoC change kits, sockets, and boards; test boards; and sockets. The company was founded in 2003 and is headquartered in Hwaseong-si, South Korea.
TFE Co. Ltd. (425420) - Net Assets
Latest net assets as of March 2025: ₩81.19 Billion KRW
Based on the latest financial reports, TFE Co. Ltd. (425420) has net assets worth ₩81.19 Billion KRW as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩131.61 Billion) and total liabilities (₩50.42 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 | ₩81.19 Billion |
| % of Total Assets | 61.69% |
| Annual Growth Rate | 13.77% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3.74 |
TFE Co. Ltd. - Net Assets Trend (2022–2024)
This chart illustrates how TFE Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TFE Co. Ltd. (2022–2024)
The table below shows the annual net assets of TFE Co. Ltd. from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | ₩78.42 Billion | +10.10% |
| 2023-09-30 | ₩71.23 Billion | +17.58% |
| 2022-09-30 | ₩60.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TFE 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 35.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩48.34 Billion | 61.64% |
| Common Stock | ₩1.14 Billion | 1.45% |
| Other Components | ₩28.94 Billion | 36.91% |
| Total Equity | ₩78.42 Billion | 100.00% |
TFE Co. Ltd. Competitors by Market Cap
The table below lists competitors of TFE Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carnarvon Petroleum Limited
PINK:CVONF
|
$131.99 Million |
|
JINSUNG T.E.C. Inc
KQ:036890
|
$132.00 Million |
|
F-Secure Oyj
PINK:FSOYF
|
$132.01 Million |
|
Osisko Metals Incorporated
OTCQX:OMZNF
|
$132.03 Million |
|
Pine Cliff Energy Ltd
PINK:PIFYF
|
$131.90 Million |
|
Open Lending Corp
NASDAQ:LPRO
|
$131.90 Million |
|
Interarch Building Products Limited
NSE:INTERARCH
|
$131.84 Million |
|
Young Fast Optoelectronics Co Ltd
TW:3622
|
$131.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TFE Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 71,231,720,450 to 78,424,711,470, a change of 7,192,991,020 (10.1%).
- Net income of 1,452,340,940 contributed positively to equity growth.
- Share repurchases of 5,147,649,780 reduced equity.
- Other factors increased equity by 10,888,299,860.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.45 Billion | +1.85% |
| Share Repurchases | ₩5.15 Billion | -6.56% |
| Other Changes | ₩10.89 Billion | +13.88% |
| Total Change | ₩- | 10.10% |
Book Value vs Market Value Analysis
This analysis compares TFE 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: 7.87x
- 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 10.50x to 7.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-09-30 | ₩5323.03 | ₩55900.00 | x |
| 2023-09-30 | ₩6258.83 | ₩55900.00 | x |
| 2024-09-30 | ₩7104.26 | ₩55900.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TFE 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): 1.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.97%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.62x
- Recent ROE (1.85%) is below the historical average (9.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 11.10% | 10.55% | 0.77x | 1.37x | ₩664.01 Million |
| 2023 | 15.60% | 13.83% | 0.88x | 1.28x | ₩3.99 Billion |
| 2024 | 1.85% | 1.97% | 0.58x | 1.62x | ₩-6.39 Billion |
Industry Comparison
This section compares TFE Co. Ltd.'s net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $4,884,693,441,806
- Average return on equity (ROE) among peers: 9.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TFE Co. Ltd. (425420) | ₩81.19 Billion | 11.10% | 0.62x | $131.94 Million |
| SK Hynix Inc (000660) | $46.85 Trillion | 33.17% | 0.36x | $359.51 Billion |
| DB HiTek Co Ltd (000990) | $375.96 Billion | 10.99% | 1.60x | $1.65 Billion |
| Charm Engine (009310) | $103.16 Billion | 14.91% | 1.03x | $6.17 Million |
| Auk Corp (017900) | $78.53 Billion | 4.40% | 1.19x | $27.81 Million |
| SFA Semicon Co. Ltd (036540) | $455.60 Billion | 9.42% | 0.48x | $348.99 Million |
| Fine Semitech Corp (036810) | $239.77 Billion | -5.65% | 0.71x | $388.60 Million |
| Seoul Semiconductor Co. Ltd (046890) | $187.09 Billion | 9.45% | 0.31x | $285.72 Million |
| Kona I Co.Ltd (052400) | $82.57 Billion | -11.14% | 2.49x | $351.95 Million |
| Telechips Inc (054450) | $246.20 Billion | 25.44% | 0.52x | $90.74 Million |
| APS Holdings Corporation (054620) | $225.71 Billion | -0.59% | 0.83x | $45.27 Million |