Chunil Express
Chunil Express Co., Ltd. operates and provides passenger transportation services in South Korea. The company is involved in the real estate rental activities. Chunil Express Co., Ltd. was founded in 1949 and is headquartered in Busan, South Korea.
Chunil Express (000650) - Net Assets
Latest net assets as of September 2025: ₩11.28 Billion KRW
Based on the latest financial reports, Chunil Express (000650) has net assets worth ₩11.28 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩53.84 Billion) and total liabilities (₩42.56 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩11.28 Billion |
| % of Total Assets | 20.96% |
| Annual Growth Rate | -9.94% |
| 5-Year Change | -62.87% |
| 10-Year Change | -71.36% |
| Growth Volatility | 19.97 |
Chunil Express - Net Assets Trend (2013–2024)
This chart illustrates how Chunil Express's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chunil Express (2013–2024)
The table below shows the annual net assets of Chunil Express from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩14.09 Billion | -26.09% |
| 2023-12-31 | ₩19.06 Billion | -28.39% |
| 2022-12-31 | ₩26.62 Billion | -25.92% |
| 2021-12-31 | ₩35.93 Billion | -5.30% |
| 2020-12-31 | ₩37.94 Billion | -25.62% |
| 2019-12-31 | ₩51.00 Billion | -17.58% |
| 2018-12-31 | ₩61.88 Billion | +31.28% |
| 2017-12-31 | ₩47.14 Billion | +21.32% |
| 2016-12-31 | ₩38.86 Billion | -21.00% |
| 2015-12-31 | ₩49.18 Billion | +6.32% |
| 2014-12-31 | ₩46.26 Billion | +3.77% |
| 2013-12-31 | ₩44.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chunil Express'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 decreased by 132.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩26.17 Billion | 185.79% |
| Total Equity | ₩14.09 Billion | 100.00% |
Chunil Express Competitors by Market Cap
The table below lists competitors of Chunil Express ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thai Union Feedmill PCL
BK:TFM
|
$32.09 Million |
|
Control Print Limited
NSE:CONTROLPR
|
$32.10 Million |
|
RedFish LongTerm Capital S.p.A.
F:HN5
|
$32.10 Million |
|
UBIVELOX Inc
KQ:089850
|
$32.11 Million |
|
Lara Exploration Ltd
PINK:LRAXF
|
$32.06 Million |
|
Sambo Corrugated Board Co. Ltd
KQ:023600
|
$32.05 Million |
|
TST Group Holding Ltd
TW:4439
|
$32.05 Million |
|
TechPrecision Corporation Common stock
NASDAQ:TPCS
|
$32.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chunil Express's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,058,948,870 to 14,086,493,860, a change of -4,972,455,010 (-26.1%).
- Net loss of 4,197,020,920 reduced equity.
- Other factors decreased equity by 775,434,090.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-4.20 Billion | -29.79% |
| Other Changes | ₩-775.43 Million | -5.5% |
| Total Change | ₩- | -26.09% |
Book Value vs Market Value Analysis
This analysis compares Chunil Express'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: 23.60x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 7.05x to 23.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩33032.23 | ₩233000.00 | x |
| 2018-12-31 | ₩43364.62 | ₩233000.00 | x |
| 2019-12-31 | ₩35740.60 | ₩233000.00 | x |
| 2020-12-31 | ₩26585.55 | ₩233000.00 | x |
| 2021-12-31 | ₩25176.52 | ₩233000.00 | x |
| 2022-12-31 | ₩18650.84 | ₩233000.00 | x |
| 2023-12-31 | ₩13355.45 | ₩233000.00 | x |
| 2024-12-31 | ₩9871.03 | ₩233000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chunil Express 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): -29.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.39%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 3.80x
- Recent ROE (-29.79%) is below the historical average (0.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.20% | 10.30% | 0.95x | 1.35x | ₩1.43 Billion |
| 2014 | 10.40% | 8.00% | 0.97x | 1.35x | ₩183.43 Million |
| 2015 | 9.41% | 7.86% | 0.93x | 1.28x | ₩-290.26 Million |
| 2016 | 6.43% | 4.28% | 1.11x | 1.35x | ₩-1.39 Billion |
| 2017 | 57.50% | 49.06% | 0.81x | 1.44x | ₩22.39 Billion |
| 2018 | -0.33% | -0.37% | 0.69x | 1.30x | ₩-6.40 Billion |
| 2019 | 1.42% | 1.21% | 0.74x | 1.57x | ₩-4.38 Billion |
| 2020 | -17.83% | -21.70% | 0.46x | 1.77x | ₩-10.56 Billion |
| 2021 | -1.58% | -1.94% | 0.47x | 1.75x | ₩-4.16 Billion |
| 2022 | -22.57% | -15.93% | 0.69x | 2.06x | ₩-8.67 Billion |
| 2023 | -25.25% | -10.94% | 0.80x | 2.87x | ₩-6.72 Billion |
| 2024 | -29.79% | -9.39% | 0.84x | 3.80x | ₩-5.61 Billion |
Industry Comparison
This section compares Chunil Express's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $585,152,086,967
- Average return on equity (ROE) among peers: -11.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chunil Express (000650) | ₩11.28 Billion | 13.20% | 3.77x | $32.08 Million |
| Hyundai Rotem Co (064350) | $1.44 Trillion | -21.30% | 2.51x | $9.52 Billion |
| Dawonsys Co.Ltd (068240) | $210.74 Billion | 2.02% | 1.54x | $56.36 Million |
| Dongyang Expre (084670) | $107.05 Billion | -15.31% | 0.57x | $30.72 Million |