Firstec
FIRSTEC Co., Ltd engages in the design, manufacture, and sale of various products for defense industry worldwide. It offers guided weapon products, including drive, guidance control, launch control, and wiring devices; electric battlefields, cooling systems, and automatic fire extinguishing systems for mobility and firepower systems; avionics, driving device, propulsion/fuel, environmental contro… Read more
Firstec (010820) - Total Assets
Latest total assets as of September 2025: ₩388.41 Billion KRW
Based on the latest financial reports, Firstec (010820) holds total assets worth ₩388.41 Billion KRW as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Firstec - Total Assets Trend (2003–2024)
This chart illustrates how Firstec’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Firstec - Asset Composition Analysis
Current Asset Composition (December 2024)
Firstec's total assets of ₩388.41 Billion consist of 62.2% current assets and 37.9% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 26.9% |
| Accounts Receivable | ₩19.45 Billion | 5.6% |
| Inventory | ₩71.56 Billion | 20.4% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩1.57 Billion | 0.5% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2003–2024)
This chart illustrates how Firstec's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Firstec's current assets represent 62.2% of total assets in 2024, an increase from 0.0% in 2003.
- Cash Position: Cash and equivalents constituted 26.9% of total assets in 2024, up from 4.3% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 42.0% in 2003.
- Asset Diversification: The largest asset category is inventory at 20.4% of total assets.
Firstec Competitors by Total Assets
Key competitors of Firstec based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Ligeance Mineral Resources Co Ltd
SHE:000697
|
China | CN¥3.92 Billion |
|
Aecc Aero Engine Control Co Ltd
SHE:000738
|
China | CN¥16.46 Billion |
|
Zhejiang XiaSha Precision
SHE:001316
|
China | CN¥1.42 Billion |
|
Sichuan Haite High-tech Co Ltd
SHE:002023
|
China | CN¥6.80 Billion |
|
Aerospace CH UAV Co Ltd
SHE:002389
|
China | CN¥10.31 Billion |
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
China | CN¥11.38 Billion |
|
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A
SHE:002933
|
China | CN¥2.40 Billion |
|
Beijing Bei Mo Gao Ke Friction Mate
SHE:002985
|
China | CN¥3.82 Billion |
Firstec - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Firstec generates 0.59x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Firstec generates $ 3.12 in net profit.
Firstec - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.81 | 0.86 | 0.80 |
| Quick Ratio | 0.39 | 0.57 | 0.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩-56.90 Billion | ₩ -40.29 Billion | ₩ -21.87 Billion |
Firstec - Advanced Valuation Insights
This section examines the relationship between Firstec's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.58 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 32.2% |
| Total Assets | ₩350.45 Billion |
| Market Capitalization | $133.88 Million USD |
Valuation Analysis
Below Book Valuation: The market values Firstec's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Firstec's assets grew by 32.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Firstec (2003–2024)
The table below shows the annual total assets of Firstec from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩350.45 Billion | +32.21% |
| 2023-12-31 | ₩265.08 Billion | +25.44% |
| 2022-12-31 | ₩211.31 Billion | +13.84% |
| 2021-12-31 | ₩185.61 Billion | +2.75% |
| 2020-12-31 | ₩180.65 Billion | -0.80% |
| 2019-12-31 | ₩182.11 Billion | +13.33% |
| 2018-12-31 | ₩160.69 Billion | -18.50% |
| 2017-12-31 | ₩197.16 Billion | -2.56% |
| 2016-12-31 | ₩202.34 Billion | -0.63% |
| 2015-12-31 | ₩203.61 Billion | +1.80% |
| 2014-12-31 | ₩200.02 Billion | +35.54% |
| 2013-12-31 | ₩147.58 Billion | +11.69% |
| 2012-12-31 | ₩132.13 Billion | +13.49% |
| 2011-12-31 | ₩116.42 Billion | -15.97% |
| 2010-12-31 | ₩138.56 Billion | +2.01% |
| 2009-12-31 | ₩135.83 Billion | +14.28% |
| 2008-12-31 | ₩118.86 Billion | +24.52% |
| 2007-12-31 | ₩95.45 Billion | +3.66% |
| 2006-12-31 | ₩92.08 Billion | -44.43% |
| 2005-12-31 | ₩165.69 Billion | +11.59% |
| 2004-12-31 | ₩148.48 Billion | -9.93% |
| 2003-12-31 | ₩164.85 Billion | -- |