ICTK Co., Ltd.
ICTK Co., Ltd. researches, develops, manufactures, and sells semiconductor products through physically unclonable function and quantum technology in South Korea. The company offers security IP, hardware root of trust (HRoT), security chips, security modules and solutions, and post-quantum cryptography (PQC) services. It also provides quantum-resilient system architecture and security solutions. T… Read more
ICTK Co., Ltd. (456010) - Net Assets
Latest net assets as of September 2025: ₩34.48 Billion KRW
Based on the latest financial reports, ICTK Co., Ltd. (456010) has net assets worth ₩34.48 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩64.25 Billion) and total liabilities (₩29.77 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 | ₩34.48 Billion |
| % of Total Assets | 53.67% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
ICTK Co., Ltd. - Net Assets Trend (2021–2024)
This chart illustrates how ICTK 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 ICTK Co., Ltd. (2021–2024)
The table below shows the annual net assets of ICTK Co., Ltd. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩43.01 Billion | +357.17% |
| 2023-12-31 | ₩9.41 Billion | +130.22% |
| 2022-12-31 | ₩-31.13 Billion | -48.48% |
| 2021-12-31 | ₩-20.96 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ICTK 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 decreased by 2562039064000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩6.64 Billion | 15.43% |
| Other Components | ₩74.54 Billion | 173.31% |
| Total Equity | ₩43.01 Billion | 100.00% |
ICTK Co., Ltd. Competitors by Market Cap
The table below lists competitors of ICTK Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Froch Enterprise Co Ltd
TW:2030
|
$94.28 Million |
|
BayWa AG vNa
XETRA:BYW6
|
$94.29 Million |
|
Bunker Hill Mining Corp
OTCQB:BHLL
|
$94.30 Million |
|
Carbios SAS
PINK:COOSF
|
$94.31 Million |
|
Heartflow, Inc. Common Stock
NASDAQ:HTFL
|
$94.17 Million |
|
King Polytechnic Engineering Co Ltd
TWO:6122
|
$94.16 Million |
|
First IC Corporation
PINK:FIEB
|
$94.15 Million |
|
Bridgemarq Real Estate Services Inc
PINK:BREUF
|
$94.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ICTK Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,408,274,180 to 43,011,776,730, a change of 33,603,502,550 (357.2%).
- Net loss of 5,817,711,600 reduced equity.
- Share repurchases of 38,362,986,400 reduced equity.
- New share issuances of 38,362,986,400 increased equity.
- Other factors increased equity by 39,421,214,150.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-5.82 Billion | -13.53% |
| Share Repurchases | ₩38.36 Billion | -89.19% |
| Share Issuances | ₩38.36 Billion | +89.19% |
| Other Changes | ₩39.42 Billion | +91.65% |
| Total Change | ₩- | 357.17% |
Book Value vs Market Value Analysis
This analysis compares ICTK 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: 4.58x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | ₩-1597.33 | ₩14890.00 | x |
| 2022-12-31 | ₩-2371.76 | ₩14890.00 | x |
| 2023-12-31 | ₩716.85 | ₩14890.00 | x |
| 2024-12-31 | ₩3253.07 | ₩14890.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ICTK 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): -13.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -87.04%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.06x
- Recent ROE (-13.53%) is above the historical average (-27.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -262.65% | 0.27x | 0.00x | ₩-3.16 Billion |
| 2022 | 0.00% | -419.65% | 0.26x | 0.00x | ₩-7.66 Billion |
| 2023 | -95.99% | -145.95% | 0.59x | 1.11x | ₩-9.97 Billion |
| 2024 | -13.53% | -87.04% | 0.15x | 1.06x | ₩-10.12 Billion |
Industry Comparison
This section compares ICTK 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 |
|---|---|---|---|---|
| ICTK Co., Ltd. (456010) | ₩34.48 Billion | 0.00% | 0.86x | $94.19 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 |