Cho Bi
Chobi Company Limited produces and distributes composite fertilizers in South Korea. It offers hydrophonic fertilizers, controlled release fertilizers, MCF organic fertilizers, and PNS CRF fertilizers. The company was formerly known as Chosun Fertilizer Industry Co., Ltd. and changed its name to Chobi Company Limited in October 1990. Chobi Company Limited was founded in 1955 and is headquartered … Read more
Cho Bi (001550) - Net Assets
Latest net assets as of September 2025: ₩55.74 Billion KRW
Based on the latest financial reports, Cho Bi (001550) has net assets worth ₩55.74 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 (₩121.71 Billion) and total liabilities (₩65.98 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 | ₩55.74 Billion |
| % of Total Assets | 45.79% |
| Annual Growth Rate | 5.02% |
| 5-Year Change | 2.88% |
| 10-Year Change | 68.18% |
| Growth Volatility | 10.89 |
Cho Bi - Net Assets Trend (2013–2024)
This chart illustrates how Cho Bi's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cho Bi (2013–2024)
The table below shows the annual net assets of Cho Bi from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩52.68 Billion | +0.75% |
| 2023-12-31 | ₩52.28 Billion | -14.96% |
| 2022-12-31 | ₩61.48 Billion | +15.44% |
| 2021-12-31 | ₩53.26 Billion | +4.01% |
| 2020-12-31 | ₩51.20 Billion | +6.76% |
| 2019-12-31 | ₩47.96 Billion | -0.60% |
| 2018-12-31 | ₩48.25 Billion | +3.95% |
| 2017-12-31 | ₩46.42 Billion | +23.45% |
| 2016-12-31 | ₩37.60 Billion | +20.05% |
| 2015-12-31 | ₩31.32 Billion | +10.13% |
| 2014-12-31 | ₩28.44 Billion | -7.43% |
| 2013-12-31 | ₩30.72 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cho Bi'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 660437294000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩5.82 Billion | 11.05% |
| Other Components | ₩46.86 Billion | 88.95% |
| Total Equity | ₩52.68 Billion | 100.00% |
Cho Bi Competitors by Market Cap
The table below lists competitors of Cho Bi ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AUPLATA MIN. GRP EO-0005
F:A7PA
|
$2.92 Million |
|
Hisar Metal Industries Limited
NSE:HISARMETAL
|
$2.92 Million |
|
ONAR Holding Corporation
OTCQB:ONAR
|
$2.92 Million |
|
RichTech Digital Berhad
KLSE:0342
|
$2.93 Million |
|
SIPP International Industries Inc
PINK:SIPN
|
$2.92 Million |
|
Hexicon AB
ST:HEXI
|
$2.92 Million |
|
Spring Art Holdings Bhd
KLSE:0216
|
$2.92 Million |
|
NWP Holdings Bhd
KLSE:5025
|
$2.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cho Bi's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 52,284,944,310 to 52,676,679,260, a change of 391,734,950 (0.7%).
- Net income of 640,044,940 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩640.04 Million | +1.22% |
| Other Changes | ₩-248.31 Million | -0.47% |
| Total Change | ₩- | 0.75% |
Book Value vs Market Value Analysis
This analysis compares Cho Bi'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: 1.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.86x to 1.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩9202.43 | ₩17160.00 | x |
| 2018-12-31 | ₩9293.95 | ₩17160.00 | x |
| 2019-12-31 | ₩9238.02 | ₩17160.00 | x |
| 2020-12-31 | ₩9862.23 | ₩17160.00 | x |
| 2021-12-31 | ₩10257.99 | ₩17160.00 | x |
| 2022-12-31 | ₩11841.75 | ₩17160.00 | x |
| 2023-12-31 | ₩10070.62 | ₩17160.00 | x |
| 2024-12-31 | ₩10146.08 | ₩17160.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cho Bi 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): 1.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.62%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.28x
- Recent ROE (1.22%) is above the historical average (1.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 3.85% | 1.93% | 0.75x | 2.65x | ₩-1.89 Billion |
| 2014 | -7.93% | -4.11% | 0.66x | 2.93x | ₩-5.10 Billion |
| 2015 | 4.71% | 2.51% | 0.68x | 2.77x | ₩-1.66 Billion |
| 2016 | 2.32% | 1.48% | 0.67x | 2.36x | ₩-2.89 Billion |
| 2017 | 2.27% | 1.76% | 0.64x | 2.01x | ₩-3.59 Billion |
| 2018 | 0.68% | 0.54% | 0.64x | 1.95x | ₩-4.50 Billion |
| 2019 | -0.27% | -0.18% | 0.77x | 1.91x | ₩-4.92 Billion |
| 2020 | 5.87% | 4.08% | 0.84x | 1.72x | ₩-2.12 Billion |
| 2021 | 3.48% | 2.19% | 0.82x | 1.95x | ₩-3.47 Billion |
| 2022 | 14.05% | 5.81% | 1.14x | 2.12x | ₩2.49 Billion |
| 2023 | -17.28% | -7.88% | 0.97x | 2.27x | ₩-14.27 Billion |
| 2024 | 1.22% | 0.62% | 0.85x | 2.28x | ₩-4.63 Billion |
Industry Comparison
This section compares Cho Bi's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $173,337,121,953
- Average return on equity (ROE) among peers: -0.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cho Bi (001550) | ₩55.74 Billion | 3.85% | 1.18x | $2.92 Million |
| Kyung Nong Corporation (002100) | $278.59 Billion | 6.17% | 0.76x | $30.22 Million |
| Sung Bo Chem (003080) | $125.30 Billion | -2.75% | 0.73x | $16.06 Million |
| Dongbang Agro (007590) | $126.74 Billion | 4.63% | 0.34x | $16.23 Million |
| Namhae Chemical (025860) | $266.96 Billion | 2.08% | 1.25x | $122.35 Million |
| Nongwoobio Co. Ltd (054050) | $227.74 Billion | 12.59% | 0.16x | $37.67 Million |
| Asia Seed Co.Ltd (154030) | $14.69 Billion | -28.07% | 1.70x | $12.04 Million |