Kyungbangco.Ltd (000050) - Net Assets
Based on the latest financial reports, Kyungbangco.Ltd (000050) has net assets worth ₩784.15 Billion KRW (≈ $531.40 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.23 Trillion ≈ $831.20 Million USD) and total liabilities (₩442.38 Billion ≈ $299.80 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Kyungbangco.Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩784.15 Billion |
| % of Total Assets | 63.93% |
| Annual Growth Rate | 2.99% |
| 5-Year Change | 2.39% |
| 10-Year Change | 14.58% |
| Growth Volatility | 16.05 |
Kyungbangco.Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Kyungbangco.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 000050 total assets for the complete picture of this company's asset base.
Annual Net Assets for Kyungbangco.Ltd (2000–2024)
The table below shows the annual net assets of Kyungbangco.Ltd from 2000 to 2024. For live valuation and market cap data, see market cap of Kyungbangco.Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩759.63 Billion ≈ $514.79 Million |
+2.92% |
| 2023-12-31 | ₩738.05 Billion ≈ $500.16 Million |
-2.25% |
| 2022-12-31 | ₩755.01 Billion ≈ $511.66 Million |
+0.38% |
| 2021-12-31 | ₩752.15 Billion ≈ $509.72 Million |
+1.38% |
| 2020-12-31 | ₩741.93 Billion ≈ $502.80 Million |
+0.05% |
| 2019-12-31 | ₩741.55 Billion ≈ $502.54 Million |
+4.63% |
| 2018-12-31 | ₩708.77 Billion ≈ $480.32 Million |
+1.38% |
| 2017-12-31 | ₩699.13 Billion ≈ $473.79 Million |
+2.84% |
| 2016-12-31 | ₩679.84 Billion ≈ $460.72 Million |
+2.55% |
| 2015-12-31 | ₩662.95 Billion ≈ $449.27 Million |
+2.36% |
| 2014-12-31 | ₩647.67 Billion ≈ $438.92 Million |
+1.76% |
| 2013-12-31 | ₩636.44 Billion ≈ $431.31 Million |
+2.53% |
| 2012-12-31 | ₩620.70 Billion ≈ $420.64 Million |
-1.43% |
| 2011-12-31 | ₩629.70 Billion ≈ $426.74 Million |
-13.92% |
| 2010-12-31 | ₩731.50 Billion ≈ $495.73 Million |
+2.40% |
| 2009-12-31 | ₩714.37 Billion ≈ $484.12 Million |
+75.31% |
| 2008-12-31 | ₩407.49 Billion ≈ $276.15 Million |
+5.72% |
| 2007-12-31 | ₩385.43 Billion ≈ $261.20 Million |
+20.71% |
| 2006-12-31 | ₩319.30 Billion ≈ $216.38 Million |
-6.40% |
| 2005-12-31 | ₩341.12 Billion ≈ $231.17 Million |
+0.26% |
| 2004-12-31 | ₩340.23 Billion ≈ $230.57 Million |
-2.77% |
| 2003-12-31 | ₩349.92 Billion ≈ $237.13 Million |
-2.28% |
| 2002-12-31 | ₩358.07 Billion ≈ $242.66 Million |
+4.69% |
| 2001-12-31 | ₩342.01 Billion ≈ $231.78 Million |
-8.72% |
| 2000-12-31 | ₩374.68 Billion ≈ $253.91 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Kyungbangco.Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 77615181524000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩776.15 Billion | 102.17% |
| Total Equity | ₩759.64 Billion | 100.00% |
Kyungbangco.Ltd Competitors by Market Cap
The table below lists competitors of Kyungbangco.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Precision BioSciences Inc
NASDAQ:DTIL
|
$170.56 Million |
|
Inveo Yatirim Holding AS
IS:INVEO
|
$170.67 Million |
|
Bonei Hatichon Civil Engineering and Infrastructures Ltd
TA:BOTI
|
$170.68 Million |
|
DNF Co.Ltd
KQ:092070
|
$170.88 Million |
|
Jyoti Structures Limited
NSE:JYOTISTRUC
|
$170.53 Million |
|
Protalix Biotherapeutics Inc
NYSE MKT:PLX
|
$170.49 Million |
|
Aumann AG
XETRA:AAG
|
$170.49 Million |
|
Kobay Tech Bhd
KLSE:6971
|
$170.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kyungbangco.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 738,061,858,170 to 759,641,998,840, a change of 21,580,140,670 (2.9%).
- Net income of 23,593,170,320 contributed positively to equity growth.
- Dividend payments of 3,110,269,430 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩23.59 Billion | +3.11% |
| Dividends Paid | ₩3.11 Billion | -0.41% |
| Other Changes | ₩1.10 Billion | +0.14% |
| Total Change | ₩- | 2.92% |
Book Value vs Market Value Analysis
This analysis compares Kyungbangco.Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.33x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩25502.31 | ₩10100.00 | x |
| 2018-12-31 | ₩26279.07 | ₩10100.00 | x |
| 2019-12-31 | ₩28073.68 | ₩10100.00 | x |
| 2020-12-31 | ₩28519.90 | ₩10100.00 | x |
| 2021-12-31 | ₩29829.88 | ₩10100.00 | x |
| 2022-12-31 | ₩30303.86 | ₩10100.00 | x |
| 2023-12-31 | ₩29622.87 | ₩10100.00 | x |
| 2024-12-31 | ₩30489.01 | ₩10100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kyungbangco.Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.94%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.60x
- Recent ROE (3.11%) is below the historical average (3.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.29% | 0.28% | 0.57x | 1.79x | ₩-35.15 Billion |
| 2005 | 0.34% | 0.58% | 0.38x | 1.53x | ₩-32.95 Billion |
| 2007 | 16.99% | 35.21% | 0.33x | 1.48x | ₩26.97 Billion |
| 2010 | 2.57% | 5.64% | 0.23x | 1.96x | ₩-54.37 Billion |
| 2013 | 2.29% | 4.20% | 0.27x | 2.04x | ₩-49.05 Billion |
| 2014 | 1.77% | 3.49% | 0.25x | 2.01x | ₩-53.28 Billion |
| 2015 | 2.52% | 4.67% | 0.27x | 1.99x | ₩-49.60 Billion |
| 2016 | 4.34% | 7.81% | 0.29x | 1.91x | ₩-38.51 Billion |
| 2017 | 3.62% | 7.02% | 0.28x | 1.82x | ₩-44.60 Billion |
| 2018 | 2.85% | 5.75% | 0.27x | 1.84x | ₩-50.69 Billion |
| 2019 | 5.88% | 12.68% | 0.25x | 1.85x | ₩-30.54 Billion |
| 2020 | 1.76% | 3.96% | 0.26x | 1.70x | ₩-61.17 Billion |
| 2021 | 2.96% | 5.81% | 0.30x | 1.69x | ₩-52.94 Billion |
| 2022 | 0.58% | 1.13% | 0.31x | 1.65x | ₩-71.09 Billion |
| 2023 | -1.82% | -3.42% | 0.33x | 1.64x | ₩-87.26 Billion |
| 2024 | 3.11% | 5.94% | 0.33x | 1.60x | ₩-52.37 Billion |
Industry Comparison
This section compares Kyungbangco.Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $220,385,811,727
- Average return on equity (ROE) among peers: 2.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kyungbangco.Ltd (000050) | ₩784.15 Billion | 0.29% | 0.56x | $170.54 Million |
| Chonbang (000950) | $155.64 Billion | 1.69% | 0.95x | $26.37 Million |
| Silla Textile Co.Ltd (001000) | $14.46 Billion | 1.57% | 1.22x | $27.59 Million |
| Taihan Textile (001070) | $132.34 Billion | 0.84% | 0.40x | $17.14 Million |
| DI Dong Il Corp (001530) | $586.40 Billion | 1.44% | 0.67x | $401.73 Million |
| Ilshin Spinnin (003200) | $358.62 Billion | 3.10% | 0.22x | $192.22 Million |
| Pang Rim Spinn (003610) | $180.57 Billion | 3.72% | 0.27x | $124.68 Million |
| Daehan Synthet (003830) | $400.36 Billion | 3.83% | 0.21x | $91.09 Million |
| Duksung (004830) | $62.68 Billion | 1.10% | 0.56x | $46.27 Million |
| Duksung Co Ltd (004835) | $92.41 Billion | 7.36% | 0.47x | $6.47 Million |
About Kyungbangco.Ltd
Kyungbangco.Ltd engages in textile spinning and real estate development businesses in South Korea. Its products include cotton, nylon spun and blended, rayon blend, wool blend, polyester blend, acrylics blend, and tencel blend yarns for general clothing and bedding applications; and mercerized, processed, and cheese-type dyed yarns for use in golf wear, casuals, sweaters, socks, etc. The company'… Read more