ESTec Corporation
ESTec Corporation manufactures and sells automotive speakers in South Korea and internationally. It also offers TV/display and audio speakers, and earphones and headphones for automobiles, TVs, and home audio systems. The company was founded in 1971 and is headquartered in Yangsan-si, South Korea.
ESTec Corporation (069510) - Total Assets
Latest total assets as of September 2025: ₩348.07 Billion KRW
Based on the latest financial reports, ESTec Corporation (069510) holds total assets worth ₩348.07 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.
ESTec Corporation - Total Assets Trend (2003–2024)
This chart illustrates how ESTec Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ESTec Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
ESTec Corporation's total assets of ₩348.07 Billion consist of 87.6% current assets and 12.4% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩101.13 Billion | 26.1% |
| Accounts Receivable | ₩135.01 Billion | 34.8% |
| Inventory | ₩75.88 Billion | 19.6% |
| Property, Plant & Equipment | ₩38.76 Billion | 10.0% |
| Intangible Assets | ₩2.15 Billion | 0.6% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2003–2024)
This chart illustrates how ESTec 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: ESTec Corporation's current assets represent 87.6% of total assets in 2024, an increase from 0.0% in 2003.
- Cash Position: Cash and equivalents constituted 26.1% of total assets in 2024, up from 19.0% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2003.
- Asset Diversification: The largest asset category is accounts receivable at 34.8% of total assets.
ESTec Corporation Competitors by Total Assets
Key competitors of ESTec Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
GT Capital Holdings Inc Pref B
PSE:GTPPB
|
Philippines | ₱403.21 Billion |
|
Sungchang Autotech Co. Ltd
KQ:080470
|
Korea | ₩209.23 Billion |
|
CBI Co. Ltd
KQ:013720
|
Korea | ₩88.41 Billion |
|
Ilji Technology Co. Ltd
KQ:019540
|
Korea | ₩627.72 Billion |
|
CNH Co. Ltd
KQ:023460
|
Korea | ₩325.95 Billion |
|
Hanil Forging Industrial Co. Ltd
KQ:024740
|
Korea | ₩261.38 Billion |
|
HRS Co. Ltd
KQ:036640
|
Korea | ₩142.83 Billion |
|
Ecoplastic Corporation
KQ:038110
|
Korea | ₩1.56 Trillion |
ESTec 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
Strong asset utilization - ESTec Corporation generates 1.31x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, ESTec Corporation generates $ 11.93 in net profit.
ESTec 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 | 2.48 | 1.98 | 2.88 |
| Quick Ratio | 1.93 | 1.46 | 2.09 |
| Cash Ratio | 0.00 | 0.49 | 0.00 |
| Working Capital | ₩180.61 Billion | ₩ 148.32 Billion | ₩ 118.01 Billion |
ESTec Corporation - Advanced Valuation Insights
This section examines the relationship between ESTec 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 | 0.59 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 44.9% |
| Total Assets | ₩387.96 Billion |
| Market Capitalization | $30.52 Million USD |
Valuation Analysis
Below Book Valuation: The market values ESTec Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: ESTec Corporation's assets grew by 44.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for ESTec Corporation (2003–2024)
The table below shows the annual total assets of ESTec Corporation from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩387.96 Billion | +44.88% |
| 2023-12-31 | ₩267.77 Billion | +5.24% |
| 2022-12-31 | ₩254.44 Billion | +1.96% |
| 2021-12-31 | ₩249.55 Billion | +10.97% |
| 2020-12-31 | ₩224.88 Billion | +5.12% |
| 2019-12-31 | ₩213.91 Billion | +9.61% |
| 2018-12-31 | ₩195.16 Billion | +5.82% |
| 2017-12-31 | ₩184.42 Billion | -3.60% |
| 2016-12-31 | ₩191.31 Billion | +7.94% |
| 2015-12-31 | ₩177.23 Billion | +2.61% |
| 2014-12-31 | ₩172.73 Billion | +15.52% |
| 2013-12-31 | ₩149.52 Billion | +12.39% |
| 2012-12-31 | ₩133.04 Billion | +0.54% |
| 2011-12-31 | ₩132.32 Billion | +15.05% |
| 2010-12-31 | ₩115.02 Billion | +37.09% |
| 2009-12-31 | ₩83.90 Billion | +4.05% |
| 2008-12-31 | ₩80.63 Billion | +16.90% |
| 2007-12-31 | ₩68.98 Billion | -1.49% |
| 2006-12-31 | ₩70.02 Billion | -9.93% |
| 2005-12-31 | ₩77.74 Billion | +8.62% |
| 2004-12-31 | ₩71.58 Billion | +11.99% |
| 2003-12-31 | ₩63.91 Billion | -- |