Kumho Electric (001210) - Net Assets
Based on the latest financial reports, Kumho Electric (001210) has net assets worth ₩11.74 Billion KRW (≈ $7.95 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 (₩30.00 Billion ≈ $20.33 Million USD) and total liabilities (₩18.26 Billion ≈ $12.37 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 Kumho Electric liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩11.74 Billion |
| % of Total Assets | 39.13% |
| Annual Growth Rate | -9.45% |
| 5-Year Change | 110.25% |
| 10-Year Change | -95.07% |
| Growth Volatility | 74.41 |
Kumho Electric - Net Assets Trend (2000–2024)
This chart illustrates how Kumho Electric's net assets have evolved over time, based on quarterly financial data. Also explore 001210 asset base for the complete picture of this company's asset base.
Annual Net Assets for Kumho Electric (2000–2024)
The table below shows the annual net assets of Kumho Electric from 2000 to 2024. For live valuation and market cap data, see Kumho Electric (001210) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩8.92 Billion ≈ $6.04 Million |
+24.73% |
| 2023-12-31 | ₩7.15 Billion ≈ $4.84 Million |
-47.14% |
| 2022-12-31 | ₩13.52 Billion ≈ $9.16 Million |
-26.35% |
| 2021-12-31 | ₩18.36 Billion ≈ $12.44 Million |
+333.02% |
| 2020-12-31 | ₩4.24 Billion ≈ $2.87 Million |
-74.84% |
| 2019-12-31 | ₩16.85 Billion ≈ $11.42 Million |
-51.42% |
| 2018-12-31 | ₩34.69 Billion ≈ $23.51 Million |
-74.91% |
| 2017-12-31 | ₩138.26 Billion ≈ $93.70 Million |
-13.66% |
| 2016-12-31 | ₩160.14 Billion ≈ $108.52 Million |
-11.53% |
| 2015-12-31 | ₩181.00 Billion ≈ $122.66 Million |
-7.00% |
| 2014-12-31 | ₩194.63 Billion ≈ $131.90 Million |
+4.68% |
| 2013-12-31 | ₩185.94 Billion ≈ $126.01 Million |
-14.02% |
| 2012-12-31 | ₩216.26 Billion ≈ $146.56 Million |
-19.94% |
| 2011-12-31 | ₩270.12 Billion ≈ $183.06 Million |
-10.67% |
| 2010-12-31 | ₩302.39 Billion ≈ $204.92 Million |
-0.62% |
| 2009-12-31 | ₩304.27 Billion ≈ $206.20 Million |
+48.96% |
| 2008-12-31 | ₩204.26 Billion ≈ $138.43 Million |
+3.41% |
| 2007-12-31 | ₩197.52 Billion ≈ $133.86 Million |
+5.70% |
| 2006-12-31 | ₩186.87 Billion ≈ $126.64 Million |
+12.26% |
| 2005-12-31 | ₩166.46 Billion ≈ $112.81 Million |
+38.33% |
| 2004-12-31 | ₩120.34 Billion ≈ $81.55 Million |
+11.75% |
| 2003-12-31 | ₩107.68 Billion ≈ $72.97 Million |
+11.72% |
| 2002-12-31 | ₩96.38 Billion ≈ $65.32 Million |
-0.36% |
| 2001-12-31 | ₩96.73 Billion ≈ $65.56 Million |
+0.12% |
| 2000-12-31 | ₩96.62 Billion ≈ $65.48 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kumho Electric'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 6430695473000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩86.68 Billion | 387.45% |
| Total Equity | ₩22.37 Billion | 100.00% |
Kumho Electric Competitors by Market Cap
The table below lists competitors of Kumho Electric ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Locksley Resources Ltd
AU:LKY
|
$36.45 Million |
|
Metrod Holdings Bhd
KLSE:6149
|
$36.45 Million |
|
Panjawattana Plastic Public Company Limited
BK:PJW
|
$36.46 Million |
|
Intchains Group Limited American Depositary Shares
NASDAQ:ICG
|
$36.47 Million |
|
TVI Pacific Inc
V:TVI
|
$36.43 Million |
|
Arzum Elektrikli Ev Aletleri Sanayi ve Ticaret AS
IS:ARZUM
|
$36.42 Million |
|
WESTBRIDGE RE. EN. CORP.
F:PUQ
|
$36.41 Million |
|
EuroDry Ltd
NASDAQ:EDRY
|
$36.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kumho Electric's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,757,830,890 to 22,371,162,730, a change of 1,613,331,840 (7.8%).
- Net loss of 12,196,816,070 reduced equity.
- Other factors increased equity by 13,810,147,910.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-12.20 Billion | -54.52% |
| Other Changes | ₩13.81 Billion | +61.73% |
| Total Change | ₩- | 7.77% |
Book Value vs Market Value Analysis
This analysis compares Kumho Electric'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: 2.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.09x to 2.19x 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 | ₩10301.83 | ₩886.00 | x |
| 2018-12-31 | ₩8071.76 | ₩886.00 | x |
| 2019-12-31 | ₩3383.24 | ₩886.00 | x |
| 2020-12-31 | ₩1475.76 | ₩886.00 | x |
| 2021-12-31 | ₩1583.66 | ₩886.00 | x |
| 2022-12-31 | ₩915.59 | ₩886.00 | x |
| 2023-12-31 | ₩573.78 | ₩886.00 | x |
| 2024-12-31 | ₩405.10 | ₩886.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kumho Electric 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): -54.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.94%
- • Asset Turnover: 1.59x
- • Equity Multiplier: 1.49x
- Recent ROE (-54.52%) is below the historical average (-24.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 2.71% | 2.05% | 0.65x | 2.04x | ₩-6.65 Billion |
| 2003 | 9.09% | 6.65% | 0.69x | 1.99x | ₩-921.66 Million |
| 2004 | 12.10% | 6.50% | 0.92x | 2.03x | ₩2.37 Billion |
| 2005 | 13.22% | 8.48% | 0.87x | 1.78x | ₩5.08 Billion |
| 2006 | 15.96% | 8.96% | 1.06x | 1.68x | ₩10.54 Billion |
| 2007 | 10.90% | 6.86% | 0.99x | 1.61x | ₩1.67 Billion |
| 2008 | 5.59% | 4.22% | 0.81x | 1.63x | ₩-8.44 Billion |
| 2009 | 6.33% | 4.36% | 0.73x | 1.98x | ₩-9.46 Billion |
| 2010 | 10.60% | 7.24% | 0.67x | 2.19x | ₩1.52 Billion |
| 2011 | 3.16% | 2.33% | 0.57x | 2.36x | ₩-15.93 Billion |
| 2013 | -13.51% | -5.47% | 0.73x | 3.40x | ₩-36.81 Billion |
| 2014 | -3.42% | -1.30% | 0.87x | 3.03x | ₩-22.88 Billion |
| 2015 | -37.29% | -12.01% | 0.83x | 3.73x | ₩-60.35 Billion |
| 2016 | -20.67% | -5.09% | 0.90x | 4.50x | ₩-31.37 Billion |
| 2017 | -29.60% | -5.45% | 0.83x | 6.57x | ₩-24.69 Billion |
| 2018 | -36.78% | -23.47% | 0.45x | 3.45x | ₩-23.07 Billion |
| 2019 | -102.20% | -51.65% | 0.86x | 2.30x | ₩-35.69 Billion |
| 2020 | -148.37% | -53.93% | 0.67x | 4.13x | ₩-25.98 Billion |
| 2021 | -32.12% | -23.55% | 0.50x | 2.75x | ₩-12.86 Billion |
| 2022 | -71.78% | -38.12% | 0.74x | 2.55x | ₩-19.98 Billion |
| 2023 | -79.91% | -31.08% | 1.01x | 2.55x | ₩-18.66 Billion |
| 2024 | -54.52% | -22.94% | 1.59x | 1.49x | ₩-14.43 Billion |
Industry Comparison
This section compares Kumho Electric's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,229,669,398,656
- Average return on equity (ROE) among peers: 4.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kumho Electric (001210) | ₩11.74 Billion | 2.71% | 1.56x | $36.44 Million |
| Taihan Electric Wire Co Ltd (001440) | $850.52 Billion | 5.35% | 1.82x | $9.10 Billion |
| Posco Chemical Co Ltd (003670) | $2.65 Trillion | 4.46% | 0.75x | $17.48 Billion |
| Sebang Global Battery Co Ltd (004490) | $699.00 Billion | 8.79% | 0.33x | $574.82 Million |
| LS Corp (006260) | $6.88 Trillion | 3.45% | 1.98x | $10.21 Billion |
| Daewon Cable (006340) | $113.85 Billion | 5.97% | 0.99x | $940.71 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $87.64 Billion | 1.49% | 1.74x | $1.01 Billion |
| Samsung SDI (006400) | $5.27 Trillion | 4.11% | 0.40x | $35.50 Billion |
| Samsung Sdi Co Pref (006405) | $10.96 Trillion | 2.00% | 0.36x | $323.87 Million |
| LS Electric (010120) | $1.55 Trillion | 5.83% | 1.14x | $6.30 Billion |
About Kumho Electric
Kumho Electric, Inc., together with its subsidiaries, manufactures and sells lighting equipment in South Korea and internationally. The company offers general lighting products, such as compact, krypton, and circular lamps, as well as fluorescent linear tubes. It also provides smart lighting systems, lights for procurement, and other products. In addition, it offers light emitting diode (LED) pro… Read more