ASTech Co., Ltd.
ASTech Co., Ltd. operates as a fine chemical manufacturing company in South Korea. It offers organic UV filters, active pharmaceutical ingredients, and other products. The company was founded in 2005 and is headquartered in Seocheon-eup, South Korea.
ASTech Co., Ltd. (453860) - Net Assets
Latest net assets as of March 2025: ₩57.65 Billion KRW
Based on the latest financial reports, ASTech Co., Ltd. (453860) has net assets worth ₩57.65 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 (₩97.54 Billion) and total liabilities (₩39.89 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 | ₩57.65 Billion |
| % of Total Assets | 59.1% |
| Annual Growth Rate | 283.63% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 550.67 |
ASTech Co., Ltd. - Net Assets Trend (2022–2024)
This chart illustrates how ASTech 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 ASTech Co., Ltd. (2022–2024)
The table below shows the annual net assets of ASTech Co., Ltd. from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩56.47 Billion | +20.66% |
| 2023-12-31 | ₩46.80 Billion | +1122.01% |
| 2022-12-31 | ₩3.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ASTech 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 491.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩19.62 Billion | 34.75% |
| Common Stock | ₩2.83 Billion | 5.01% |
| Other Components | ₩34.02 Billion | 60.24% |
| Total Equity | ₩56.47 Billion | 100.00% |
ASTech Co., Ltd. Competitors by Market Cap
The table below lists competitors of ASTech Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kilitch Drugs (India) Limited
NSE:KILITCH
|
$17.73 Million |
|
Hotel Holiday Garden
TW:2702
|
$17.73 Million |
|
P5X0
F:P5X0
|
$17.73 Million |
|
SAREUM HLDGS LS-0125
F:RYH0
|
$17.74 Million |
|
Capital Properties Inc
OTCQX:CPTP
|
$17.72 Million |
|
Western Capital Resources Inc
OTCQB:WCRS
|
$17.72 Million |
|
RESAAS Services Inc
OTCQB:RSASF
|
$17.72 Million |
|
Kapuas Prima Coal Tbk PT
JK:ZINC
|
$17.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ASTech Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,800,270,950 to 56,467,986,190, a change of 9,667,715,240 (20.7%).
- Net income of 9,484,754,880 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩9.48 Billion | +16.8% |
| Other Changes | ₩182.96 Million | +0.32% |
| Total Change | ₩- | 20.66% |
Book Value vs Market Value Analysis
This analysis compares ASTech 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: 1.47x
- 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 21.67x to 1.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩676.97 | ₩14670.00 | x |
| 2023-12-31 | ₩8272.66 | ₩14670.00 | x |
| 2024-12-31 | ₩9981.58 | ₩14670.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ASTech 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): 16.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.28%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.58x
- Recent ROE (16.80%) is below the historical average (26.47%), 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 | 48.03% | 5.72% | 0.92x | 9.09x | ₩1.46 Billion |
| 2023 | 14.58% | 14.41% | 0.68x | 1.49x | ₩2.14 Billion |
| 2024 | 16.80% | 22.28% | 0.48x | 1.58x | ₩3.84 Billion |
Industry Comparison
This section compares ASTech Co., Ltd.'s net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $72,997,282,484
- Average return on equity (ROE) among peers: -15.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ASTech Co., Ltd. (453860) | ₩57.65 Billion | 48.03% | 0.69x | $17.73 Million |
| Oriental Precision & Engineering Co.Ltd (014940) | $110.13 Billion | 23.66% | 0.96x | $122.46 Million |
| MEDICOX Co. Ltd (054180) | $62.24 Billion | -55.32% | 0.55x | $442.04K |
| Victek Co. Ltd (065450) | $31.96 Billion | 5.63% | 0.59x | $71.93 Million |
| SAMYUNG ENC Co. Ltd (065570) | $37.05 Billion | -112.73% | 1.16x | $3.25 Million |
| AeroSpace Technology of Korea (067390) | $57.81 Billion | 4.32% | 1.33x | $87.13 Million |
| Satrec Initiative Co. Ltd (099320) | $58.01 Billion | 8.01% | 0.34x | $421.09 Million |
| Inhwa Precision Co. Ltd (101930) | $189.62 Billion | 8.05% | 0.92x | $156.96 Million |
| Hizeaero Co. Ltd (221840) | $76.47 Billion | 4.80% | 0.80x | $20.27 Million |
| Kencoa Aerospace Corporation (274090) | $33.68 Billion | -22.46% | 1.21x | $138.76 Million |