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Company Information |
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Full name ACQUTEK CO.,LTD. Headquarters 493-3, SEONGSEONG-DONG, SEOBUK-GU, CHEONAN-SI, CHUNGCHEONGNAM-DO; Cheonan; Chungcheongnam; 330300 |
Status: Listed Legal Form: Public Limited Company Operational Status: Operational Financial Auditors: Deloitte Touche Tohmatsu (2011) Incorporation Date: January 27, 1979 Total Employees: 55 Tel: 041-559-0611 |
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Company Description |
| Sales of COF, strategic item, decreased while leadframe sales also decreased by currency fluctuation. Operating income decreased because of rising material prices, including coil and PGC. Financial stability is maintained with rising liquidity ratio but declining debt ratio though funds were raised through borrowing to build a new factory. Profitability needs improvement as further currency fluctuation will continue affecting the company¡¯s revenue, 80% or more of which is represented by export | ||
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Company Analysis |
| According to the Individual - Audited financial statement for the first half of 2012, total net operating revenues decreased with -54.99%, from KRW 7,674,111 thousands to KRW 3,453,903 thousands. Operating result decreased from KRW -1,555,468 thousands to KRW -3,578,307 thousands which means -130.05% change. The results of the period decreased -105.20% reaching KRW -3,026,821 thousands at the end of the period against KRW -1,475,046 thousands last year. Return on equity (Net income/Total equity) went from -13.26% to -106.57%, the Return On Asset (Net income / Total Asset) went from -4.69% to -13.10% and the Net Profit Margin (Net Income/Net Sales) went from -19.22% to -87.63% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 713.64% compared to 182.76% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 0.63 to 0.27 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |

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2012 H1 (non-cons) |
2011 Y (non-cons) |
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| Audited | Audited | |
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| KR listed company financials | KR listed company financials | |
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| Unit | Thousands | Thousands |
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Total Assets |
23,110,061 |
23,606,223 |
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Current Assets |
4,700,787 |
5,491,415 |
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Total Liabilities |
20,269,720 |
19,731,622 |
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Shareholders Equity |
2,840,341 |
3,874,602 |
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Current Liabilities |
17,552,950 |
17,135,873 |
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| * All the accounts are in KRW. | ||
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Total Operating Revenue |
3,453,903 |
13,957,567 |
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Operational Profit (Loss) |
-3,578,307 |
-6,033,126 |
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Net Profit (Loss) |
-3,026,821 |
-9,708,153 |
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| * All the accounts are in KRW. | ||
| Profitability Ratios | ||
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Return on Assets (ROA) |
-13.1% |
-41.13% |
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Return on Equity (ROE) |
-106.57% |
-250.56% |
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Return on Sales (ROS) |
-87.63% |
-69.55% |
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Return on Capital |
-54.47% |
-150.04% |
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Gross Profit Margin |
-78.16% |
-27.71% |
| Efficiency Ratios | ||
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Current asset turnover |
0.73x |
2.54x |
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Asset Turnover |
0.15x |
0.59x |
| Valuation figures and ratios | ||
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Earning Before Interests and Taxes (EBIT) |
-2,872,519 |
-11,295,522 |
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EBITDA |
-3,548,408 |
-5,760,296 |
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Bookvalue (BV) |
2,709,281 |
3,653,570 |
| Liquidity Ratios | ||
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Current Ratio |
26.78% |
32.05% |
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Quick ratio |
11.61% |
11.13% |
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Doom's day ratio |
0.1% |
0.19% |
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Cash Flow to Debt |
-0.08% |
-0.53% |
| Leverage Ratios | ||
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Leverage ratio |
813.64% |
609.26% |
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Interest Coverage Ratio |
-359.78% |
-978.13% |
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Debt to equity |
713.64% |
509.26% |
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Debt to total assets |
87.71% |
83.59% |
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Long Term Debt to Capital |
48.89% |
40.12% |
| Market ratios | ||
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Price/Book Ratio |
1.18 |
1.15 |
| Trend Ratios | ||
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Revenue Trend |
45.01% |
68.06% |
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Net Income Trend |
205.2% |
3,565.95% |
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