Rifa Ind
Rifa Co.,Ltd. engages in the wholesale of dyestuffs and chemicals in South Korea. It offers reactive, disperse, acid, cationic, fluorescent, direct, leather, mordant, VAT, and sulphur dyestuffs. The company also sells organic/inorganic chemicals, such as food additives and solvents. In addition, it is involved in the transportation activities; and leasing of land and building. Rifa Co.,Ltd. was f… Read more
Rifa Ind (000760) - Net Assets
Latest net assets as of September 2025: ₩207.22 Billion KRW
Based on the latest financial reports, Rifa Ind (000760) has net assets worth ₩207.22 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 (₩270.50 Billion) and total liabilities (₩63.29 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 | ₩207.22 Billion |
| % of Total Assets | 76.6% |
| Annual Growth Rate | 1.21% |
| 5-Year Change | 18.66% |
| 10-Year Change | 10.26% |
| Growth Volatility | 11.4 |
Rifa Ind - Net Assets Trend (2009–2024)
This chart illustrates how Rifa Ind's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rifa Ind (2009–2024)
The table below shows the annual net assets of Rifa Ind from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩207.07 Billion | -0.10% |
| 2023-12-31 | ₩207.28 Billion | -11.34% |
| 2022-12-31 | ₩233.78 Billion | +0.10% |
| 2021-12-31 | ₩233.55 Billion | +33.83% |
| 2020-12-31 | ₩174.51 Billion | -1.90% |
| 2019-12-31 | ₩177.89 Billion | -2.69% |
| 2018-12-31 | ₩182.80 Billion | -1.07% |
| 2017-12-31 | ₩184.79 Billion | -1.85% |
| 2016-12-31 | ₩188.26 Billion | +0.25% |
| 2015-12-31 | ₩187.80 Billion | +0.07% |
| 2014-12-31 | ₩187.68 Billion | +3.60% |
| 2013-12-31 | ₩181.15 Billion | -1.54% |
| 2012-12-31 | ₩183.99 Billion | -11.79% |
| 2011-12-31 | ₩208.57 Billion | +20.64% |
| 2009-12-31 | ₩172.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rifa Ind'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 8232109762000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩82.32 Billion | 60.61% |
| Other Components | ₩53.49 Billion | 39.39% |
| Total Equity | ₩135.81 Billion | 100.00% |
Rifa Ind Competitors by Market Cap
The table below lists competitors of Rifa Ind ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Micro Leasing Public Company Limited
BK:MICRO
|
$8.67 Million |
|
Latitude 66 Ltd
AU:LAT
|
$8.67 Million |
|
Madison Metals Inc.
OTCQB:MMTLF
|
$8.67 Million |
|
Morien Resources Corp
PINK:APMCF
|
$8.67 Million |
|
InterServ International Inc.
TWO:6169
|
$8.66 Million |
|
Olidata S.p.A.
F:OL40
|
$8.66 Million |
|
Pulsenmore Ltd. Ordinary Shares
NASDAQ:PLSM
|
$8.66 Million |
|
INNOVATEC S.P.A.
F:5JT
|
$8.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rifa Ind's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 135,156,920,270 to 135,811,156,350, a change of 654,236,080 (0.5%).
- Net loss of 629,149,620 reduced equity.
- Share repurchases of 30,000,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-629.15 Million | -0.46% |
| Share Repurchases | ₩30.00 Million | -0.02% |
| Other Changes | ₩1.31 Billion | +0.97% |
| Total Change | ₩- | 0.48% |
Book Value vs Market Value Analysis
This analysis compares Rifa Ind'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: 0.32x
- 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 | ₩38463.44 | ₩15520.00 | x |
| 2018-12-31 | ₩37972.70 | ₩15520.00 | x |
| 2019-12-31 | ₩36329.32 | ₩15520.00 | x |
| 2020-12-31 | ₩35474.98 | ₩15520.00 | x |
| 2021-12-31 | ₩52259.43 | ₩15520.00 | x |
| 2022-12-31 | ₩54786.50 | ₩15520.00 | x |
| 2023-12-31 | ₩48270.33 | ₩15520.00 | x |
| 2024-12-31 | ₩48503.98 | ₩15520.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rifa Ind 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): -0.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.27%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.99x
- Recent ROE (-0.46%) is below the historical average (3.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 24.34% | 14.94% | 0.28x | 5.80x | ₩5.64 Billion |
| 2012 | 0.99% | 1.47% | 0.26x | 2.61x | ₩-9.59 Billion |
| 2013 | -3.28% | -4.25% | 0.30x | 2.60x | ₩-13.69 Billion |
| 2014 | 6.54% | 8.64% | 0.30x | 2.50x | ₩-3.79 Billion |
| 2015 | -0.24% | -0.39% | 0.24x | 2.54x | ₩-11.21 Billion |
| 2016 | 0.24% | 0.49% | 0.20x | 2.52x | ₩-10.77 Billion |
| 2017 | -1.99% | -3.27% | 0.23x | 2.61x | ₩-12.92 Billion |
| 2018 | -1.01% | -1.56% | 0.24x | 2.70x | ₩-11.71 Billion |
| 2019 | -4.45% | -7.33% | 0.22x | 2.78x | ₩-14.69 Billion |
| 2020 | -2.68% | -5.21% | 0.18x | 2.85x | ₩-12.59 Billion |
| 2021 | 32.18% | 81.50% | 0.21x | 1.88x | ₩32.46 Billion |
| 2022 | 0.03% | 0.09% | 0.22x | 1.75x | ₩-15.29 Billion |
| 2023 | -1.54% | -4.42% | 0.18x | 1.97x | ₩-15.60 Billion |
| 2024 | -0.46% | -1.27% | 0.18x | 1.99x | ₩-14.21 Billion |
Industry Comparison
This section compares Rifa Ind's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,372,091,660,213
- Average return on equity (ROE) among peers: 9.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rifa Ind (000760) | ₩207.22 Billion | 24.34% | 0.31x | $8.66 Million |
| Kumyang (001570) | $57.95 Billion | 24.95% | 1.85x | $316.82 Million |
| Sh E & Chemical Co. Ltd. (002360) | $94.10 Billion | 1.96% | 0.32x | $20.38 Million |
| KCC Corporation (002380) | $5.09 Trillion | 4.87% | 0.38x | $1.65 Billion |
| Miwon Commerci (002840) | $239.21 Billion | 9.14% | 0.38x | $100.20 Million |
| Taekwang Ind (003240) | $3.48 Trillion | 3.91% | 0.25x | $160.16 Million |
| Lotte Fine Chemical Co Ltd (004000) | $2.20 Trillion | 26.63% | 0.24x | $496.67 Million |
| Dongjin Semichem Co. Ltd (005290) | $133.88 Billion | 0.00% | 3.14x | $1.06 Billion |
| Isu Chemical Co Ltd (005950) | $279.30 Billion | 6.94% | 0.54x | $85.98 Million |
| Korea Petro Chemical Ind (006650) | $768.68 Billion | 3.91% | 0.65x | $316.72 Million |