Kumho Ind
KUMHO Engineering & Construction Co., Ltd. provides construction and engineering services in South Korea and internationally. It is involved in the construction and development of architecture projects, such as public/business, airport/sales/logistic, education/research, culture/medical, and correction/military facilities; civil engineering projects, including airport, road, railway, land/port, o… Read more
Kumho Ind (002990) - Net Assets
Latest net assets as of September 2025: ₩223.75 Billion KRW
Based on the latest financial reports, Kumho Ind (002990) has net assets worth ₩223.75 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 (₩1.50 Trillion) and total liabilities (₩1.27 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 | ₩223.75 Billion |
| % of Total Assets | 14.96% |
| Annual Growth Rate | -6.55% |
| 5-Year Change | -42.24% |
| 10-Year Change | -22.31% |
| Growth Volatility | 203.99 |
Kumho Ind - Net Assets Trend (2000–2024)
This chart illustrates how Kumho 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 Kumho Ind (2000–2024)
The table below shows the annual net assets of Kumho Ind from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩225.44 Billion | -52.02% |
| 2023-12-31 | ₩469.81 Billion | -13.53% |
| 2022-12-31 | ₩543.34 Billion | -16.77% |
| 2021-12-31 | ₩652.82 Billion | +67.27% |
| 2020-12-31 | ₩390.29 Billion | +3.66% |
| 2019-12-31 | ₩376.49 Billion | +5.67% |
| 2018-12-31 | ₩356.30 Billion | -9.27% |
| 2017-12-31 | ₩392.69 Billion | +26.16% |
| 2016-12-31 | ₩311.26 Billion | +7.27% |
| 2015-12-31 | ₩290.17 Billion | -3.57% |
| 2014-12-31 | ₩300.90 Billion | +96.45% |
| 2013-12-31 | ₩153.17 Billion | +954.82% |
| 2012-12-31 | ₩14.52 Billion | -88.01% |
| 2011-12-31 | ₩121.16 Billion | -90.78% |
| 2010-12-31 | ₩1.31 Trillion | +217.30% |
| 2009-12-31 | ₩-1.12 Trillion | -155.99% |
| 2008-12-31 | ₩2.00 Trillion | -9.87% |
| 2007-12-31 | ₩2.22 Trillion | +2.94% |
| 2006-12-31 | ₩2.16 Trillion | -18.76% |
| 2005-12-31 | ₩2.65 Trillion | +51.46% |
| 2004-12-31 | ₩1.75 Trillion | +118.47% |
| 2003-12-31 | ₩802.11 Billion | -34.58% |
| 2002-12-31 | ₩1.23 Trillion | -2.90% |
| 2001-12-31 | ₩1.26 Trillion | +10.11% |
| 2000-12-31 | ₩1.15 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kumho 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 8157946086000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩81.58 Billion | 35.56% |
| Other Components | ₩147.82 Billion | 64.44% |
| Total Equity | ₩229.40 Billion | 100.00% |
Kumho Ind Competitors by Market Cap
The table below lists competitors of Kumho Ind ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Monte Carlo Fashions Limited
NSE:MONTECARLO
|
$60.33 Million |
|
Juniata Valley Financial Corp
OTCQX:JUVF
|
$60.35 Million |
|
HK TELEVISION NET
MU:XHN1
|
$60.37 Million |
|
PYRUM INNOV.AG NA O.N.
F:PYR
|
$60.41 Million |
|
Semyung Electric Machinery Co.Ltd
KQ:017510
|
$60.31 Million |
|
SunCar Technology Group Inc.
NASDAQ:SDA
|
$60.31 Million |
|
Edison Opto Corp
TW:3591
|
$60.29 Million |
|
Ege Profil Ticaret ve Sanayi AS
IS:EGPRO
|
$60.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kumho Ind's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 470,615,555,110 to 229,399,989,670, a change of -241,215,565,440 (-51.3%).
- Net loss of 225,713,328,640 reduced equity.
- Other factors decreased equity by 15,502,236,800.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-225.71 Billion | -98.39% |
| Other Changes | ₩-15.50 Billion | -6.76% |
| Total Change | ₩- | -51.26% |
Book Value vs Market Value Analysis
This analysis compares Kumho 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: 0.75x
- 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.
- The price-to-book ratio has increased from 0.43x to 0.75x 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 | ₩11203.39 | ₩4815.00 | x |
| 2018-12-31 | ₩10186.58 | ₩4815.00 | x |
| 2019-12-31 | ₩10763.97 | ₩4815.00 | x |
| 2020-12-31 | ₩10970.71 | ₩4815.00 | x |
| 2021-12-31 | ₩18350.21 | ₩4815.00 | x |
| 2022-12-31 | ₩15148.84 | ₩4815.00 | x |
| 2023-12-31 | ₩13110.76 | ₩4815.00 | x |
| 2024-12-31 | ₩6390.80 | ₩4815.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kumho 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): -98.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.79%
- • Asset Turnover: 1.23x
- • Equity Multiplier: 6.77x
- Recent ROE (-98.39%) is below the historical average (5.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 3.04% | 1.20% | 0.75x | 3.40x | ₩-51.94 Billion |
| 2004 | 14.90% | 2.05% | 0.58x | 12.45x | ₩43.64 Billion |
| 2005 | 7.60% | 0.85% | 0.60x | 14.75x | ₩-23.91 Billion |
| 2006 | 16.11% | 2.50% | 0.52x | 12.32x | ₩70.76 Billion |
| 2007 | 2.91% | 0.37% | 0.56x | 13.84x | ₩-79.11 Billion |
| 2008 | 2.30% | 0.28% | 0.54x | 15.09x | ₩-95.08 Billion |
| 2010 | 18.00% | 1.33% | 0.62x | 21.92x | ₩45.31 Billion |
| 2013 | 34.36% | 3.67% | 0.81x | 11.53x | ₩37.31 Billion |
| 2014 | 35.16% | 6.94% | 1.01x | 5.00x | ₩75.71 Billion |
| 2015 | -2.12% | -0.40% | 1.17x | 4.54x | ₩-34.98 Billion |
| 2016 | 11.58% | 2.66% | 1.06x | 4.10x | ₩4.91 Billion |
| 2017 | 24.26% | 7.34% | 1.01x | 3.27x | ₩56.01 Billion |
| 2018 | -0.13% | -0.03% | 1.16x | 3.32x | ₩-36.10 Billion |
| 2019 | 3.11% | 0.73% | 1.19x | 3.55x | ₩-25.93 Billion |
| 2020 | 6.77% | 1.44% | 1.33x | 3.53x | ₩-12.60 Billion |
| 2021 | 22.69% | 7.17% | 1.19x | 2.66x | ₩82.84 Billion |
| 2022 | 3.90% | 1.03% | 1.21x | 3.11x | ₩-33.18 Billion |
| 2023 | 0.24% | 0.05% | 1.31x | 3.60x | ₩-45.95 Billion |
| 2024 | -98.39% | -11.79% | 1.23x | 6.77x | ₩-248.65 Billion |
Industry Comparison
This section compares Kumho Ind's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $210,025,499,552
- Average return on equity (ROE) among peers: -156.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kumho Ind (002990) | ₩223.75 Billion | 3.04% | 5.68x | $60.32 Million |
| Hyundai Engineering & Construction (000720) | $743.93 Billion | 10.45% | 5.60x | $4.83 Billion |
| Nam Kwang Cons (001260) | $66.30 Billion | 20.76% | 2.08x | $21.76 Million |
| Sambu Const (001470) | $7.67 Billion | -1665.61% | 38.17x | $52.59 Million |
| EE-HWA Construction Co. Ltd (001840) | $42.16 Billion | 3.35% | 0.94x | $11.71 Million |
| Dohwa Engin (002150) | $248.74 Billion | 5.55% | 0.51x | $63.10 Million |
| Bumyang Construction Co Ltd (002410) | $197.87 Billion | 1.56% | 1.59x | $28.08 Million |
| Hwa Sung Ind (002460) | $222.16 Billion | 11.63% | 1.93x | $48.66 Million |
| Chin Hung Int' (002780) | $78.80 Billion | 7.68% | 3.65x | $41.03 Million |
| Chinhung International Inc (002785) | $224.73 Billion | 22.05% | 1.01x | $172.54 Million |
| Chinhung International Inc. Pfd. Series 2 (002787) | $267.89 Billion | 16.91% | 1.14x | $432.23 Million |