Vessel Co. Ltd
Vessel Co., Ltd., together with its subsidiaries, engages in the developing, manufacturing, and selling LCD and semiconductor-related equipment in South Korea, China, and Japan. It is also involved in the manufacturing and processing of plastic adhesives; and provision of engineering services. The company was founded in 2004 and is headquartered in Suwon-si, South Korea.
Vessel Co. Ltd (177350) - Total Assets
Latest total assets as of June 2024: ₩59.98 Billion KRW
Based on the latest financial reports, Vessel Co. Ltd (177350) holds total assets worth ₩59.98 Billion KRW as of June 2024.
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.
Vessel Co. Ltd - Total Assets Trend (2014–2023)
This chart illustrates how Vessel Co. Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vessel Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Vessel Co. Ltd's total assets of ₩59.98 Billion consist of 39.0% current assets and 61.0% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 13.6% |
| Accounts Receivable | ₩2.18 Billion | 3.0% |
| Inventory | ₩10.14 Billion | 13.9% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩203.40 Million | 0.3% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2014–2023)
This chart illustrates how Vessel Co. Ltd'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: Vessel Co. Ltd's current assets represent 39.0% of total assets in 2023, a decrease from 74.7% in 2014.
- Cash Position: Cash and equivalents constituted 13.6% of total assets in 2023, down from 14.5% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 13.9% of total assets.
Vessel Co. Ltd Competitors by Total Assets
Key competitors of Vessel Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SK Hynix Inc
KO:000660
|
Korea | ₩148.44 Trillion |
|
UniTTEC Co Ltd
SHE:000925
|
China | CN¥9.25 Billion |
|
DB HiTek Co Ltd
KO:000990
|
Korea | ₩2.86 Trillion |
|
Zhejiang Chengchang Technology Co. Ltd.
SHE:001270
|
China | CN¥1.53 Billion |
|
Shenzhen Techwinsemi Technology Co. Ltd.
SHE:001309
|
China | CN¥10.85 Billion |
|
Unigroup Guoxin Microelectronics Co Ltd
SHE:002049
|
China | CN¥18.25 Billion |
|
Sinosteel Anhui Tianyuan Technology Co Ltd
SHE:002057
|
China | CN¥5.32 Billion |
|
Suzhou Good-Ark Electronics Co Ltd
SHE:002079
|
China | CN¥3.86 Billion |
Vessel Co. Ltd - 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 - Vessel Co. Ltd generates 0.36x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Vessel Co. Ltd is currently not profitable relative to its asset base.
Vessel Co. Ltd - 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 | 0.52 | 0.55 | 1.24 |
| Quick Ratio | 0.52 | 0.34 | 0.91 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩-15.15 Billion | ₩ -18.56 Billion | ₩ 9.58 Billion |
Vessel Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Vessel Co. Ltd'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 | 0.78 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -14.0% |
| Total Assets | ₩72.80 Billion |
| Market Capitalization | $2.46 Million USD |
Valuation Analysis
Below Book Valuation: The market values Vessel Co. Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Vessel Co. Ltd's assets decreased by 14.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Vessel Co. Ltd (2014–2023)
The table below shows the annual total assets of Vessel Co. Ltd from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | ₩72.80 Billion | -13.98% |
| 2022-12-31 | ₩84.64 Billion | -9.34% |
| 2021-12-31 | ₩93.35 Billion | +52.98% |
| 2020-12-31 | ₩61.02 Billion | -29.24% |
| 2019-12-31 | ₩86.24 Billion | +1.17% |
| 2018-12-31 | ₩85.25 Billion | -12.72% |
| 2017-12-31 | ₩97.67 Billion | +28.16% |
| 2016-12-31 | ₩76.21 Billion | +13.31% |
| 2015-12-31 | ₩67.26 Billion | +34.09% |
| 2014-12-31 | ₩50.16 Billion | -- |