Yoo Sung Ent
Yoosung Enterprise Co., Ltd. manufactures and supplies engine and auto parts in South Korea and internationally. The company offers cast iron piston rings, stainless steel oil rings, cylinder liners, valve guides and camshafts. Its products are used in automobile, marine, and agricultural engines applications in the assemblers and replacement markets. Yoosung Enterprise Co., Ltd. was incorporated… Read more
Yoo Sung Ent (002920) - Net Assets
Latest net assets as of September 2025: ₩335.11 Billion KRW
Based on the latest financial reports, Yoo Sung Ent (002920) has net assets worth ₩335.11 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 (₩439.00 Billion) and total liabilities (₩103.89 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 | ₩335.11 Billion |
| % of Total Assets | 76.33% |
| Annual Growth Rate | 5.2% |
| 5-Year Change | 11.14% |
| 10-Year Change | 16.08% |
| Growth Volatility | 5.18 |
Yoo Sung Ent - Net Assets Trend (2004–2024)
This chart illustrates how Yoo Sung Ent's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Yoo Sung Ent (2004–2024)
The table below shows the annual net assets of Yoo Sung Ent from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩328.01 Billion | -2.12% |
| 2023-12-31 | ₩335.11 Billion | +2.41% |
| 2022-12-31 | ₩327.23 Billion | +7.25% |
| 2021-12-31 | ₩305.11 Billion | +3.38% |
| 2020-12-31 | ₩295.14 Billion | -3.50% |
| 2019-12-31 | ₩305.86 Billion | +5.92% |
| 2018-12-31 | ₩288.76 Billion | -1.03% |
| 2017-12-31 | ₩291.76 Billion | +0.92% |
| 2016-12-31 | ₩289.11 Billion | +2.31% |
| 2015-12-31 | ₩282.57 Billion | +5.72% |
| 2014-12-31 | ₩267.29 Billion | +7.08% |
| 2013-12-31 | ₩249.61 Billion | +13.78% |
| 2012-12-31 | ₩219.38 Billion | +9.61% |
| 2011-12-31 | ₩200.15 Billion | +8.16% |
| 2010-12-31 | ₩185.06 Billion | +10.01% |
| 2009-12-31 | ₩168.22 Billion | -1.54% |
| 2008-12-31 | ₩170.85 Billion | +5.59% |
| 2007-12-31 | ₩161.80 Billion | +8.14% |
| 2006-12-31 | ₩149.62 Billion | +7.51% |
| 2005-12-31 | ₩139.17 Billion | +16.92% |
| 2004-12-31 | ₩119.03 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yoo Sung Ent'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 207.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩255.04 Billion | 88.51% |
| Other Components | ₩33.10 Billion | 11.49% |
| Total Equity | ₩288.14 Billion | 100.00% |
Yoo Sung Ent Competitors by Market Cap
The table below lists competitors of Yoo Sung Ent ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bluglass Ltd
AU:BLG
|
$17.59 Million |
|
SG Choongbang Co Ltd
KO:001380
|
$17.60 Million |
|
N R Agarwal Industries Limited
NSE:NRAIL
|
$17.60 Million |
|
Fulin Plastic Industry Cayman Holding Co Ltd
TW:1341
|
$17.61 Million |
|
4Mass SA
WAR:4MS
|
$17.58 Million |
|
Mauna Kea Technologies SA
PINK:MKEAF
|
$17.58 Million |
|
Hankook Furniture Co. Ltd
KQ:004590
|
$17.58 Million |
|
New Palace International Co Ltd
TW:8940
|
$17.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yoo Sung Ent's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 298,193,808,520 to 288,139,383,580, a change of -10,054,424,940 (-3.4%).
- Net loss of 11,147,416,450 reduced equity.
- Dividend payments of 3,338,850,000 reduced retained earnings.
- Other factors increased equity by 4,431,841,510.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-11.15 Billion | -3.87% |
| Dividends Paid | ₩3.34 Billion | -1.16% |
| Other Changes | ₩4.43 Billion | +1.54% |
| Total Change | ₩- | -3.37% |
Book Value vs Market Value Analysis
This analysis compares Yoo Sung Ent'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: 0.18x
- 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 | ₩10334.27 | ₩1983.00 | x |
| 2018-12-31 | ₩10192.56 | ₩1983.00 | x |
| 2019-12-31 | ₩10760.88 | ₩1983.00 | x |
| 2020-12-31 | ₩10315.41 | ₩1983.00 | x |
| 2021-12-31 | ₩10639.48 | ₩1983.00 | x |
| 2022-12-31 | ₩11419.42 | ₩1983.00 | x |
| 2023-12-31 | ₩11626.62 | ₩1983.00 | x |
| 2024-12-31 | ₩11234.60 | ₩1983.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yoo Sung Ent 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): -3.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.43%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.52x
- Recent ROE (-3.87%) is below the historical average (5.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 9.41% | 7.03% | 0.89x | 1.50x | ₩-695.25 Million |
| 2005 | 7.97% | 6.19% | 0.82x | 1.57x | ₩-2.63 Billion |
| 2006 | 9.28% | 7.09% | 0.88x | 1.48x | ₩-994.73 Million |
| 2007 | 8.85% | 7.25% | 0.83x | 1.47x | ₩-1.74 Billion |
| 2008 | 3.79% | 3.24% | 0.82x | 1.43x | ₩-9.69 Billion |
| 2010 | 7.17% | 4.70% | 0.90x | 1.69x | ₩-4.68 Billion |
| 2011 | 8.99% | 6.06% | 0.85x | 1.75x | ₩-1.91 Billion |
| 2012 | 10.64% | 7.23% | 0.91x | 1.62x | ₩1.29 Billion |
| 2013 | 9.16% | 7.44% | 0.80x | 1.53x | ₩-1.94 Billion |
| 2014 | 6.80% | 5.50% | 0.80x | 1.54x | ₩-7.87 Billion |
| 2015 | 4.66% | 4.47% | 0.72x | 1.45x | ₩-13.71 Billion |
| 2016 | 3.34% | 3.40% | 0.68x | 1.44x | ₩-17.47 Billion |
| 2017 | 2.35% | 2.48% | 0.66x | 1.44x | ₩-20.27 Billion |
| 2018 | 1.41% | 1.49% | 0.66x | 1.44x | ₩-22.46 Billion |
| 2019 | 6.30% | 6.70% | 0.65x | 1.44x | ₩-10.21 Billion |
| 2020 | -1.79% | -1.96% | 0.59x | 1.55x | ₩-31.18 Billion |
| 2021 | 2.93% | 2.89% | 0.67x | 1.50x | ₩-19.30 Billion |
| 2022 | 6.49% | 6.41% | 0.69x | 1.46x | ₩-10.27 Billion |
| 2023 | 3.27% | 3.13% | 0.71x | 1.47x | ₩-20.06 Billion |
| 2024 | -3.87% | -3.43% | 0.74x | 1.52x | ₩-39.96 Billion |
Industry Comparison
This section compares Yoo Sung Ent's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $359,033,590,916
- Average return on equity (ROE) among peers: 6.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yoo Sung Ent (002920) | ₩335.11 Billion | 9.41% | 0.31x | $17.59 Million |
| Daewonkangup (000430) | $587.30 Billion | 2.73% | 0.78x | $58.61 Million |
| SG Choongbang Co Ltd (001380) | $122.98 Billion | -4.51% | 0.52x | $17.60 Million |
| Tae Won Mulsan (001420) | $31.33 Billion | 0.26% | 0.19x | $5.77 Million |
| Dongkook Ind (001620) | $68.65 Billion | 0.00% | 0.75x | $25.09 Million |
| PS Tec. Co. Ltd (002230) | $75.04 Billion | 10.41% | 0.34x | $43.72 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $173.78 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $102.95 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $13.11 Million |
| Chin Yang Ind (003780) | $57.01 Billion | 14.90% | 0.58x | $24.34 Million |