Koryo Electronics Co Ltd (8032) - Net Assets
Based on the latest financial reports, Koryo Electronics Co Ltd (8032) has net assets worth NT$2.32 Billion TWD (≈ $73.21 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 (NT$3.51 Billion ≈ $110.69 Million USD) and total liabilities (NT$1.19 Billion ≈ $37.49 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 8032 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.32 Billion |
| % of Total Assets | 66.13% |
| Annual Growth Rate | 7.21% |
| 5-Year Change | 46.68% |
| 10-Year Change | N/A |
| Growth Volatility | 11.0 |
Koryo Electronics Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Koryo Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 8032 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Koryo Electronics Co Ltd (2017–2024)
The table below shows the annual net assets of Koryo Electronics Co Ltd from 2017 to 2024. For live valuation and market cap data, see Koryo Electronics Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.38 Billion ≈ $75.14 Million |
+30.35% |
| 2023-12-31 | NT$1.83 Billion ≈ $57.64 Million |
+0.22% |
| 2022-12-31 | NT$1.83 Billion ≈ $57.52 Million |
-2.22% |
| 2021-12-31 | NT$1.87 Billion ≈ $58.82 Million |
+14.83% |
| 2020-12-31 | NT$1.63 Billion ≈ $51.23 Million |
+0.88% |
| 2019-12-31 | NT$1.61 Billion ≈ $50.78 Million |
-0.80% |
| 2018-12-31 | NT$1.62 Billion ≈ $51.19 Million |
+10.92% |
| 2017-12-31 | NT$1.46 Billion ≈ $46.15 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Koryo Electronics 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 7.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$844.50 Million | 35.49% |
| Other Components | NT$1.54 Billion | 64.51% |
| Total Equity | NT$2.38 Billion | 100.00% |
Koryo Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Koryo Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Senheng New Retail Bhd
KLSE:5305
|
$67.79 Million |
|
SunCar Technology Group Inc.
NASDAQ:SDA
|
$67.80 Million |
|
Ribbon Acquisition Corp Unit
NASDAQ:RIBBU
|
$67.81 Million |
|
NEW ZEALAND RURAL
F:8UK
|
$67.81 Million |
|
577 Investment Corp
VN:NBB
|
$67.74 Million |
|
Osmanli Menkul Degerler AS
IS:OSMEN
|
$67.73 Million |
|
DaChan Food (Asia) Limited
F:3DS
|
$67.72 Million |
|
Dong-A Hwa Sung Co.Ltd
KQ:041930
|
$67.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Koryo Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,824,971,000 to 2,379,843,000, a change of 554,872,000 (30.4%).
- Net income of 111,494,000 contributed positively to equity growth.
- Dividend payments of 41,448,000 reduced retained earnings.
- Other factors increased equity by 484,826,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$111.49 Million | +4.68% |
| Dividends Paid | NT$41.45 Million | -1.74% |
| Other Changes | NT$484.83 Million | +20.37% |
| Total Change | NT$- | 30.40% |
Book Value vs Market Value Analysis
This analysis compares Koryo Electronics 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: 0.90x
- 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 1.47x to 0.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$28.19 | NT$41.50 | x |
| 2018-12-31 | NT$31.27 | NT$41.50 | x |
| 2019-12-31 | NT$31.02 | NT$41.50 | x |
| 2020-12-31 | NT$31.02 | NT$41.50 | x |
| 2021-12-31 | NT$35.46 | NT$41.50 | x |
| 2022-12-31 | NT$34.54 | NT$41.50 | x |
| 2023-12-31 | NT$34.95 | NT$41.50 | x |
| 2024-12-31 | NT$45.93 | NT$41.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Koryo Electronics Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.86%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.43x
- Recent ROE (4.68%) is below the historical average (6.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 7.95% | 2.78% | 1.70x | 1.68x | NT$-29.99 Million |
| 2018 | 9.10% | 4.01% | 1.50x | 1.51x | NT$-14.62 Million |
| 2019 | 4.83% | 2.37% | 1.47x | 1.38x | NT$-83.15 Million |
| 2020 | 4.04% | 2.20% | 1.12x | 1.63x | NT$-96.68 Million |
| 2021 | 8.08% | 3.94% | 1.21x | 1.70x | NT$-35.74 Million |
| 2022 | 10.07% | 4.48% | 1.19x | 1.89x | NT$1.26 Million |
| 2023 | 3.35% | 2.26% | 0.94x | 1.57x | NT$-121.43 Million |
| 2024 | 4.68% | 3.86% | 0.85x | 1.43x | NT$-126.49 Million |
Industry Comparison
This section compares Koryo Electronics Co Ltd's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $38,613,442,000
- Average return on equity (ROE) among peers: 2.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Koryo Electronics Co Ltd (8032) | NT$2.32 Billion | 7.95% | 0.51x | $67.74 Million |
| Solytech Enterprise Corp (1471) | $1.53 Billion | 0.43% | 0.12x | $53.55 Million |
| Lite-On Technology Corp (2301) | $80.01 Billion | 11.45% | 1.07x | $11.87 Billion |
| Microtek International Inc (2305) | $2.23 Billion | 0.30% | 0.28x | $100.28 Million |
| Kinpo Electronics Inc (2312) | $25.77 Billion | 1.76% | 2.75x | $1.31 Billion |
| CMC Magnetics Corp (2323) | $27.94 Billion | -6.18% | 0.41x | $348.35 Million |
| Compal Electronics Inc (2324) | $114.76 Billion | 6.06% | 2.33x | $3.98 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $21.12 Billion | 0.70% | 0.73x | $360.88 Million |
| Ritek Corp (2349) | $26.09 Billion | -11.98% | 0.54x | $272.09 Million |
| Qisda Corp (2352) | $27.69 Billion | 17.23% | 3.27x | $975.88 Million |
| Acer Inc (2353) | $58.99 Billion | 5.19% | 1.61x | $2.61 Billion |
About Koryo Electronics Co Ltd
Koryo Electronics Co., Ltd. produce and distributes semiconductor component. The company offers LoRa and WiFi modules, wireless communications, SiC SBD 650V, SiC DMOS 650, security library, USB3.0 host controller ICs, proprietary Video capture controller, power, amplifier, temperature sensor, photo couple, audio repeater, eARC/ARC receiver, HDMI splitter, switch, and matrix, Type-C converter, pan… Read more