FreeMs Corporation
FreeMs Corporation manufactures and sells heavy construction equipment in South Korea and internationally. It also offers computers and peripherals, network devices, LCD modules, financial terminals, and electronic equipment, as well as wire harness and battlefield controllers. The company was founded in 1989 and is headquartered in Bucheon-si, South Korea.
FreeMs Corporation (053160) - Total Assets
Latest total assets as of September 2025: ₩75.44 Billion KRW
Based on the latest financial reports, FreeMs Corporation (053160) holds total assets worth ₩75.44 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.
FreeMs Corporation - Total Assets Trend (2011–2024)
This chart illustrates how FreeMs Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
FreeMs Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
FreeMs Corporation's total assets of ₩75.44 Billion consist of 61.0% current assets and 39.0% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩8.64 Billion | 16.3% |
| Accounts Receivable | ₩1.58 Billion | 2.6% |
| Inventory | ₩5.11 Billion | 8.4% |
| Property, Plant & Equipment | ₩15.16 Billion | 25.0% |
| Intangible Assets | ₩297.67 Million | 0.5% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how FreeMs Corporation'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: FreeMs Corporation's current assets represent 61.0% of total assets in 2024, an increase from 0.0% in 2011.
- Cash Position: Cash and equivalents constituted 16.3% of total assets in 2024, up from 0.6% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2011.
- Asset Diversification: The largest asset category is property, plant & equipment at 25.0% of total assets.
FreeMs Corporation Competitors by Total Assets
Key competitors of FreeMs Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
FreeMs Corporation - 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
Lower asset utilization - FreeMs Corporation generates 0.29x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - FreeMs Corporation is currently not profitable relative to its asset base.
FreeMs Corporation - 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 | 10.74 | 11.71 | 15.60 |
| Quick Ratio | 9.64 | 9.93 | 14.24 |
| Cash Ratio | 0.00 | 2.71 | 0.00 |
| Working Capital | ₩38.63 Billion | ₩ 33.82 Billion | ₩ 33.91 Billion |
FreeMs Corporation - Advanced Valuation Insights
This section examines the relationship between FreeMs Corporation'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 | 0.58 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -5.8% |
| Total Assets | ₩60.76 Billion |
| Market Capitalization | $14.54 Million USD |
Valuation Analysis
Below Book Valuation: The market values FreeMs Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: FreeMs Corporation's assets decreased by 5.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for FreeMs Corporation (2011–2024)
The table below shows the annual total assets of FreeMs Corporation from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩60.76 Billion | -5.81% |
| 2023-12-31 | ₩64.51 Billion | +1.51% |
| 2022-12-31 | ₩63.55 Billion | -0.79% |
| 2021-12-31 | ₩64.06 Billion | +20.86% |
| 2020-12-31 | ₩53.00 Billion | +9.68% |
| 2019-12-31 | ₩48.32 Billion | -0.47% |
| 2018-12-31 | ₩48.55 Billion | +2.15% |
| 2017-12-31 | ₩47.53 Billion | +1.11% |
| 2016-12-31 | ₩47.01 Billion | +23.01% |
| 2015-12-31 | ₩38.21 Billion | +1.18% |
| 2014-12-31 | ₩37.77 Billion | +3.29% |
| 2013-12-31 | ₩36.57 Billion | +2.57% |
| 2012-12-31 | ₩35.65 Billion | +6.74% |
| 2011-12-31 | ₩33.40 Billion | -- |