Korchip
KORCHIP Inc., an energy storage device company, engages in the engages in the manufacturing and sales of storage batteries in Europe, China, India, South Korea, internationally. It also offers new and renewable energy-related products; and electronic components related to electricity, and electronic communication equipment. In addition, the company is involved in distribution activities. The comp… Read more
Korchip (126730) - Total Assets
Latest total assets as of September 2025: ₩66.37 Billion KRW
Based on the latest financial reports, Korchip (126730) holds total assets worth ₩66.37 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.
Korchip - Total Assets Trend (2021–2024)
This chart illustrates how Korchip’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Korchip - Asset Composition Analysis
Current Asset Composition (December 2024)
Korchip's total assets of ₩66.37 Billion consist of 62.3% current assets and 37.7% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩3.21 Billion | 5.2% |
| Accounts Receivable | ₩6.75 Billion | 10.9% |
| Inventory | ₩11.04 Billion | 17.8% |
| Property, Plant & Equipment | ₩22.60 Billion | 36.5% |
| Intangible Assets | ₩83.80 Million | 0.1% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Korchip'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: Korchip's current assets represent 62.3% of total assets in 2024, an increase from 57.5% in 2021.
- Cash Position: Cash and equivalents constituted 5.2% of total assets in 2024, up from 0.8% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is property, plant & equipment at 36.5% of total assets.
Korchip Competitors by Total Assets
Key competitors of Korchip based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Korchip - 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 - Korchip generates 0.54x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Korchip generates $5.21 in net profit.
Korchip - 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 | 6.77 | 4.51 | 4.51 |
| Quick Ratio | 4.60 | 3.23 | 3.23 |
| Cash Ratio | 0.00 | 0.43 | 0.43 |
| Working Capital | ₩33.88 Billion | ₩ 33.64 Billion | ₩ 33.64 Billion |
Korchip - Advanced Valuation Insights
This section examines the relationship between Korchip'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 | 2.51 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 65.4% |
| Total Assets | ₩62.00 Billion |
| Market Capitalization | $29.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values Korchip's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Korchip's assets grew by 65.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Korchip (2021–2024)
The table below shows the annual total assets of Korchip from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩62.00 Billion | +65.36% |
| 2023-12-31 | ₩37.50 Billion | +23.53% |
| 2022-12-31 | ₩30.35 Billion | -8.20% |
| 2021-12-31 | ₩33.07 Billion | -- |