KG Mobility Corp. (003620) - Net Assets
Based on the latest financial reports, KG Mobility Corp. (003620) has net assets worth ₩1.45 Trillion KRW (≈ $983.70 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 (₩3.38 Trillion ≈ $2.29 Billion USD) and total liabilities (₩1.93 Trillion ≈ $1.31 Billion 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 KG Mobility Corp. asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.45 Trillion |
| % of Total Assets | 42.92% |
| Annual Growth Rate | 11.41% |
| 5-Year Change | N/A |
| 10-Year Change | 98.11% |
| Growth Volatility | 68.9 |
KG Mobility Corp. - Net Assets Trend (2008–2024)
This chart illustrates how KG Mobility Corp.'s net assets have evolved over time, based on quarterly financial data. Also explore 003620 total assets for the complete picture of this company's asset base.
Annual Net Assets for KG Mobility Corp. (2008–2024)
The table below shows the annual net assets of KG Mobility Corp. from 2008 to 2024. For live valuation and market cap data, see 003620 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.42 Trillion ≈ $962.68 Million |
+31.20% |
| 2023-12-31 | ₩1.08 Trillion ≈ $733.73 Million |
-0.93% |
| 2022-12-31 | ₩1.09 Trillion ≈ $740.64 Million |
+1203.36% |
| 2021-12-31 | ₩-99.05 Billion ≈ $-67.13 Million |
-12.40% |
| 2020-12-31 | ₩-88.12 Billion ≈ $-59.72 Million |
-121.86% |
| 2019-12-31 | ₩403.12 Billion ≈ $273.19 Million |
-41.85% |
| 2018-12-31 | ₩693.29 Billion ≈ $469.83 Million |
-10.56% |
| 2017-12-31 | ₩775.15 Billion ≈ $525.31 Million |
-4.62% |
| 2016-12-31 | ₩812.69 Billion ≈ $550.75 Million |
+13.34% |
| 2015-12-31 | ₩717.06 Billion ≈ $485.94 Million |
-7.76% |
| 2014-12-31 | ₩777.38 Billion ≈ $526.82 Million |
-12.08% |
| 2013-12-31 | ₩884.20 Billion ≈ $599.21 Million |
+10.43% |
| 2012-12-31 | ₩800.66 Billion ≈ $542.60 Million |
-11.63% |
| 2011-12-31 | ₩906.06 Billion ≈ $614.03 Million |
+208.47% |
| 2009-12-31 | ₩293.73 Billion ≈ $199.06 Million |
+16.48% |
| 2008-12-31 | ₩252.18 Billion ≈ $170.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to KG Mobility Corp.'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 114034483946000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩2.56 Trillion | 180.28% |
| Total Equity | ₩1.42 Trillion | 100.00% |
KG Mobility Corp. Competitors by Market Cap
The table below lists competitors of KG Mobility Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COPLAND ROAD CAPITAL NEW
F:A2P
|
$594.67 Million |
|
SNP Schneider-Neureither & Partner SE
XETRA:SHF
|
$594.81 Million |
|
Delek Automotive Systems Ltd
TA:DLEA
|
$594.86 Million |
|
Jiangsu Xiuqiang Glasswork Co
SHE:300160
|
$594.94 Million |
|
Indo Count Industries Limited
NSE:ICIL
|
$594.07 Million |
|
Hunan Lead Power Dazhi Technology Inc Co
SHE:300530
|
$594.07 Million |
|
Yorhe Fluid Intelligent Control Co Ltd
SHE:002795
|
$593.98 Million |
|
DRI Healthcare Trust
TO:DHT-U
|
$593.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KG Mobility Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,082,699,001,170 to 1,420,542,693,230, a change of 337,843,692,060 (31.2%).
- Net income of 33,844,431,590 contributed positively to equity growth.
- Other factors increased equity by 303,999,260,470.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩33.84 Billion | +2.38% |
| Other Changes | ₩304.00 Billion | +21.4% |
| Total Change | ₩- | 31.20% |
Book Value vs Market Value Analysis
This analysis compares KG Mobility Corp.'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: 0.60x
- 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 decreased from 0.77x to 0.60x 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 | ₩5619.13 | ₩4335.00 | x |
| 2018-12-31 | ₩5025.67 | ₩4335.00 | x |
| 2019-12-31 | ₩2690.36 | ₩4335.00 | x |
| 2020-12-31 | ₩-588.11 | ₩4335.00 | x |
| 2021-12-31 | ₩-2028.18 | ₩4335.00 | x |
| 2022-12-31 | ₩5845.78 | ₩4335.00 | x |
| 2023-12-31 | ₩5791.20 | ₩4335.00 | x |
| 2024-12-31 | ₩7232.75 | ₩4335.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KG Mobility Corp. 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): 2.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.87%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 2.19x
- Recent ROE (2.38%) is above the historical average (-9.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -0.27% | -0.07% | 1.65x | 2.39x | ₩-90.82 Billion |
| 2014 | -6.55% | -1.53% | 1.69x | 2.53x | ₩-128.66 Billion |
| 2015 | -8.64% | -1.83% | 1.66x | 2.84x | ₩-133.65 Billion |
| 2016 | 7.15% | 1.60% | 1.68x | 2.66x | ₩-23.17 Billion |
| 2017 | -8.49% | -1.88% | 1.55x | 2.90x | ₩-143.34 Billion |
| 2018 | -8.92% | -1.67% | 1.68x | 3.18x | ₩-131.17 Billion |
| 2019 | -84.68% | -9.42% | 1.79x | 5.01x | ₩-381.68 Billion |
| 2020 | 0.00% | -17.10% | 1.67x | 0.00x | ₩-495.53 Billion |
| 2021 | 0.00% | -10.95% | 1.31x | 0.00x | ₩-256.08 Billion |
| 2022 | -5.50% | -1.76% | 1.71x | 1.83x | ₩-169.42 Billion |
| 2023 | 0.82% | 0.24% | 1.42x | 2.43x | ₩-99.35 Billion |
| 2024 | 2.38% | 0.87% | 1.26x | 2.19x | ₩-108.21 Billion |
Industry Comparison
This section compares KG Mobility Corp.'s net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $37,690,769,368,171
- Average return on equity (ROE) among peers: 6.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KG Mobility Corp. (003620) | ₩1.45 Trillion | -0.27% | 1.33x | $594.53 Million |
| Kia Corp (000270) | $3.16 Trillion | 14.60% | 2.10x | $39.77 Billion |
| Hyundai Motor Co. Ltd. (005380) | $76.34 Trillion | 1.87% | 1.74x | $72.69 Billion |
| Hyundai Motor Co. Ltd. Pfd. Series 1 (005385) | $76.34 Trillion | 1.87% | 1.74x | $3.65 Billion |
| Hyundai Motor Co Pref (005387) | $82.62 Trillion | 5.98% | 1.83x | $5.77 Billion |
| Hyundai Motor S3 Pref (005389) | $62.62 Trillion | 11.73% | 1.35x | $380.79 Million |
| Autech Corporation (067170) | $104.00 Billion | 1.16% | 2.07x | $40.85 Million |
| KG Eco Technology Services Co. Ltd (151860) | $319.02 Billion | 15.02% | 8.62x | $209.27 Million |
| LVMC Holdings (900140) | $22.60 Billion | 0.00% | 0.42x | $222.53 Million |
About KG Mobility Corp.
KG Mobility Corp. manufactures and sells automobiles and parts in the South Korea and internationally. The company offers a range of SUVs under the Rexton, Korando, Actyon Sports, XLV, and Tivoli brand name; and products under the TORRES, KORANDO e-MOTION, MUSSO, and MUSSO GRAND name. KG Mobility Corp. was founded in 1954 and is headquartered in Pyeongtaek-si, South Korea. KG Mobility Corp. is a … Read more