Amore Group
AMOREPACIFIC Holdings Corp., through its subsidiaries, engages in manufacturing, marketing, and trading of cosmetics, household goods, and health functional foods in Korea, Asia, North America, and internationally. The company offers perfumes, medical and inner beauty products, beauty devices, haircare, body care, and dental care products. It also provides tea culture products. The company was fo… Read more
Amore Group (002790) - Net Assets
Latest net assets as of September 2025: ₩7.15 Trillion KRW
Based on the latest financial reports, Amore Group (002790) has net assets worth ₩7.15 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩8.54 Trillion) and total liabilities (₩1.39 Trillion). 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 | ₩7.15 Trillion |
| % of Total Assets | 83.77% |
| Annual Growth Rate | 11.6% |
| 5-Year Change | 11.47% |
| 10-Year Change | 43.04% |
| Growth Volatility | 49.79 |
Amore Group - Net Assets Trend (2000–2024)
This chart illustrates how Amore Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Amore Group (2000–2024)
The table below shows the annual net assets of Amore Group from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩6.99 Trillion | +230.62% |
| 2023-12-31 | ₩2.11 Trillion | -67.63% |
| 2022-12-31 | ₩6.53 Trillion | +0.89% |
| 2021-12-31 | ₩6.48 Trillion | +3.25% |
| 2020-12-31 | ₩6.27 Trillion | -3.21% |
| 2019-12-31 | ₩6.48 Trillion | +3.81% |
| 2018-12-31 | ₩6.24 Trillion | +5.23% |
| 2017-12-31 | ₩5.93 Trillion | +6.56% |
| 2016-12-31 | ₩5.57 Trillion | +13.89% |
| 2015-12-31 | ₩4.89 Trillion | +13.06% |
| 2014-12-31 | ₩4.32 Trillion | +10.60% |
| 2013-12-31 | ₩3.91 Trillion | +7.56% |
| 2012-12-31 | ₩3.63 Trillion | +8.24% |
| 2011-12-31 | ₩3.36 Trillion | +27.66% |
| 2010-12-31 | ₩2.63 Trillion | +11.08% |
| 2009-12-31 | ₩2.37 Trillion | +8.77% |
| 2008-12-31 | ₩2.18 Trillion | +8.87% |
| 2007-12-31 | ₩2.00 Trillion | +6.35% |
| 2006-12-31 | ₩1.88 Trillion | +83.80% |
| 2005-12-31 | ₩1.02 Trillion | +0.33% |
| 2004-12-31 | ₩1.02 Trillion | +10.90% |
| 2003-12-31 | ₩919.25 Billion | +26.23% |
| 2002-12-31 | ₩728.22 Billion | +18.47% |
| 2001-12-31 | ₩614.68 Billion | +22.38% |
| 2000-12-31 | ₩502.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Amore Group'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 306898726394000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩3.07 Trillion | 92.01% |
| Other Components | ₩266.60 Billion | 7.99% |
| Total Equity | ₩3.34 Trillion | 100.00% |
Amore Group Competitors by Market Cap
The table below lists competitors of Amore Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Técnicas Reunidas S.A
PINK:TNISF
|
$733.74 Million |
|
Baosheng
SHG:600973
|
$733.82 Million |
|
CGN Mining Company Limited
PINK:CGNMF
|
$733.90 Million |
|
BioArctic AB Series B
LSE:0RV2
|
$734.10 Million |
|
Shaanxi Fenghuo Electronics Co Ltd
SHE:000561
|
$733.63 Million |
|
Viaplay Group AB Series A
ST:VPLAY-A
|
$733.62 Million |
|
USINAS SID.MIN.GER. PFD A
F:U1S1
|
$733.61 Million |
|
TrustCo Bank Corp NY
NASDAQ:TRST
|
$733.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Amore Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,114,721,201,950 to 3,335,589,438,530, a change of 1,220,868,236,580 (57.7%).
- Net income of 252,032,886,620 contributed positively to equity growth.
- Dividend payments of 67,144,116,060 reduced retained earnings.
- Other factors increased equity by 1,035,979,466,020.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩252.03 Billion | +7.56% |
| Dividends Paid | ₩67.14 Billion | -2.01% |
| Other Changes | ₩1.04 Trillion | +31.06% |
| Total Change | ₩- | 57.73% |
Book Value vs Market Value Analysis
This analysis compares Amore Group'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: 0.62x
- 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 | ₩38971.98 | ₩27050.00 | x |
| 2018-12-31 | ₩40552.55 | ₩27050.00 | x |
| 2019-12-31 | ₩44162.03 | ₩27050.00 | x |
| 2020-12-31 | ₩42617.38 | ₩27050.00 | x |
| 2021-12-31 | ₩43364.85 | ₩27050.00 | x |
| 2022-12-31 | ₩37406.02 | ₩27050.00 | x |
| 2023-12-31 | ₩27730.58 | ₩27050.00 | x |
| 2024-12-31 | ₩43732.77 | ₩27050.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Amore Group 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): 7.56%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.92%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.56x
- Recent ROE (7.56%) is below the historical average (9.34%), 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 | 17.45% | 8.68% | 1.05x | 1.91x | ₩33.94 Billion |
| 2001 | 20.69% | 10.19% | 1.13x | 1.80x | ₩58.37 Billion |
| 2002 | 20.70% | 10.64% | 1.18x | 1.65x | ₩70.29 Billion |
| 2003 | 22.47% | 13.80% | 1.01x | 1.61x | ₩102.40 Billion |
| 2004 | 15.42% | 11.45% | 0.90x | 1.49x | ₩51.22 Billion |
| 2005 | 15.89% | 11.73% | 0.92x | 1.47x | ₩58.79 Billion |
| 2006 | 9.99% | 15.64% | 0.32x | 1.99x | ₩-138.86 Million |
| 2007 | 4.26% | 3.27% | 0.64x | 2.04x | ₩-72.45 Billion |
| 2008 | 5.24% | 3.64% | 0.70x | 2.06x | ₩-63.19 Billion |
| 2009 | 5.71% | 3.59% | 0.74x | 2.14x | ₩-59.91 Billion |
| 2010 | 6.83% | 3.79% | 0.81x | 2.23x | ₩-47.04 Billion |
| 2011 | 7.37% | 4.46% | 0.72x | 2.30x | ₩-48.66 Billion |
| 2012 | 7.17% | 4.13% | 0.76x | 2.28x | ₩-56.07 Billion |
| 2013 | 7.03% | 3.84% | 0.79x | 2.32x | ₩-63.07 Billion |
| 2014 | 8.83% | 4.34% | 0.86x | 2.37x | ₩-27.16 Billion |
| 2015 | 10.30% | 4.60% | 0.92x | 2.43x | ₩7.62 Billion |
| 2016 | 12.08% | 5.11% | 0.94x | 2.50x | ₩59.07 Billion |
| 2017 | 6.76% | 3.36% | 0.82x | 2.45x | ₩-97.11 Billion |
| 2018 | 4.56% | 2.34% | 0.82x | 2.37x | ₩-169.60 Billion |
| 2019 | 3.97% | 2.13% | 0.76x | 2.46x | ₩-203.00 Billion |
| 2020 | 0.32% | 0.21% | 0.63x | 2.40x | ₩-314.57 Billion |
| 2021 | 5.44% | 3.38% | 0.66x | 2.43x | ₩-150.66 Billion |
| 2022 | 1.85% | 1.38% | 0.59x | 2.28x | ₩-273.40 Billion |
| 2023 | 5.64% | 2.97% | 1.88x | 1.01x | ₩-92.17 Billion |
| 2024 | 7.56% | 5.92% | 0.50x | 2.56x | ₩-81.53 Billion |
Industry Comparison
This section compares Amore Group's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $851,581,852,412
- Average return on equity (ROE) among peers: 183.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Amore Group (002790) | ₩7.15 Trillion | 17.45% | 0.19x | $733.67 Million |
| Amorepacific Group (002795) | $6.99 Trillion | 3.60% | 0.22x | $333.07 Million |
| Hankook Cosmetics Manufacturing Co Ltd (003350) | $25.45 Billion | -9.21% | 0.59x | $50.11 Million |
| Daelim Trading (006570) | $76.43 Billion | -16.61% | 1.09x | $3.62 Million |
| Monalisa (012690) | $54.46 Billion | 10.90% | 0.28x | $26.00 Million |
| Leaders Cosmetics Co. Ltd (016100) | $63.99 Billion | 24.29% | 0.52x | $13.95 Million |
| Aekyung Industrial Co Ltd (018250) | $333.04 Billion | 3.44% | 0.30x | $78.84 Million |
| Kolmar Holding (024720) | $48.25 Billion | 5.20% | 0.61x | $69.59 Million |
| Jayjun Co Ltd (025620) | $4.96 Billion | 1635.91% | 10.27x | $4.89 Million |
| Coreana Cosmetics Co.Ltd (027050) | $65.95 Billion | -8.68% | 0.74x | $33.77 Million |