Cho Kwang Leat (004700) - Net Assets

Latest as of September 2025: ₩564.08 Billion KRW ≈ $382.27 Million USD

Based on the latest financial reports, Cho Kwang Leat (004700) has net assets worth ₩564.08 Billion KRW (≈ $382.27 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 (₩641.81 Billion ≈ $434.95 Million USD) and total liabilities (₩77.74 Billion ≈ $52.68 Million 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 004700 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩564.08 Billion
% of Total Assets	87.89%
Annual Growth Rate	10.5%
5-Year Change	72.57%
10-Year Change	206.81%
Growth Volatility	10.91

Cho Kwang Leat - Net Assets Trend (2004–2024)

This chart illustrates how Cho Kwang Leat's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Cho Kwang Leat for the complete picture of this company's asset base.

Annual Net Assets for Cho Kwang Leat (2004–2024)

The table below shows the annual net assets of Cho Kwang Leat from 2004 to 2024. For live valuation and market cap data, see how much is Cho Kwang Leat worth.

Year	Net Assets	Change
2024-12-31	₩543.39 Billion ≈ $368.25 Million	+25.00%
2023-12-31	₩434.71 Billion ≈ $294.60 Million	+14.99%
2022-12-31	₩378.04 Billion ≈ $256.19 Million	+0.28%
2021-12-31	₩376.98 Billion ≈ $255.48 Million	+19.72%
2020-12-31	₩314.88 Billion ≈ $213.39 Million	+14.50%
2019-12-31	₩275.01 Billion ≈ $186.37 Million	+15.90%
2018-12-31	₩237.29 Billion ≈ $160.81 Million	+5.16%
2017-12-31	₩225.66 Billion ≈ $152.92 Million	+9.99%
2016-12-31	₩205.17 Billion ≈ $139.04 Million	+15.84%
2015-12-31	₩177.11 Billion ≈ $120.02 Million	+3.94%
2014-12-31	₩170.39 Billion ≈ $115.47 Million	+12.47%
2013-12-31	₩151.50 Billion ≈ $102.67 Million	+8.34%
2012-12-31	₩139.83 Billion ≈ $94.76 Million	+4.48%
2011-12-31	₩133.84 Billion ≈ $90.70 Million	+48.47%
2008-12-31	₩90.15 Billion ≈ $61.09 Million	+3.27%
2007-12-31	₩87.29 Billion ≈ $59.16 Million	+6.32%
2006-12-31	₩82.10 Billion ≈ $55.64 Million	+9.05%
2005-12-31	₩75.29 Billion ≈ $51.02 Million	+2.09%
2004-12-31	₩73.75 Billion ≈ $49.98 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Cho Kwang Leat'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 744.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩276.01 Billion	50.79%
Other Components	₩267.38 Billion	49.21%
Total Equity	₩543.39 Billion	100.00%

Cho Kwang Leat Competitors by Market Cap

The table below lists competitors of Cho Kwang Leat ranked by their market capitalization.

Company	Market Cap
Sensorion SA PA:ALSEN	$166.23 Million
Trabzonspor Sportif Yatirim ve Futbol Isletmeciligi Ticaret AS IS:TSPOR	$166.30 Million
Omaxe Limited NSE:OMAXE	$166.31 Million
Prospector Metals Corp V:PPP	$166.33 Million
Terra Santa Propriedades Agrícolas S.A. SA:LAND3	$166.12 Million
Xerox Corp NASDAQ:XRX	$166.09 Million
Hsing Ta Cement Co Ltd TW:1109	$166.06 Million
Nice Information & Telecommunication Inc KQ:036800	$166.06 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Cho Kwang Leat's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 434,710,151,000 to 543,391,319,140, a change of 108,681,168,140 (25.0%).
Net income of 12,604,990,940 contributed positively to equity growth.
Other factors increased equity by 96,076,177,200.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩12.60 Billion	+2.32%
Other Changes	₩96.08 Billion	+17.68%
Total Change	₩-	25.00%

Book Value vs Market Value Analysis

This analysis compares Cho Kwang Leat'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: 0.45x
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 1.10x to 0.45x 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	₩62746.56	₩69000.00	x
2018-12-31	₩66088.07	₩69000.00	x
2019-12-31	₩77404.44	₩69000.00	x
2020-12-31	₩88624.68	₩69000.00	x
2021-12-31	₩106104.64	₩69000.00	x
2022-12-31	₩106402.61	₩69000.00	x
2023-12-31	₩122352.82	₩69000.00	x
2024-12-31	₩152942.05	₩69000.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Cho Kwang Leat 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): 2.32%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 13.97%
• Asset Turnover: 0.15x
• Equity Multiplier: 1.14x
Recent ROE (2.32%) is below the historical average (5.53%), 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	5.23%	1.98%	1.46x	1.81x	₩-3.51 Billion
2005	4.82%	2.19%	1.18x	1.87x	₩-3.90 Billion
2006	11.82%	5.62%	1.40x	1.50x	₩1.50 Billion
2007	5.54%	2.97%	1.20x	1.56x	₩-3.89 Billion
2008	3.57%	2.25%	1.33x	1.20x	₩-5.79 Billion
2011	7.10%	5.26%	1.02x	1.32x	₩-3.89 Billion
2012	4.37%	3.15%	1.08x	1.28x	₩-7.87 Billion
2013	7.27%	5.80%	0.98x	1.27x	₩-4.14 Billion
2014	4.62%	3.97%	0.97x	1.20x	₩-9.17 Billion
2015	4.22%	4.11%	0.92x	1.11x	₩-10.23 Billion
2016	10.55%	10.90%	0.88x	1.10x	₩1.12 Billion
2017	9.76%	12.63%	0.71x	1.08x	₩-546.58 Million
2018	5.75%	10.69%	0.51x	1.06x	₩-10.08 Billion
2019	5.27%	13.40%	0.37x	1.08x	₩-13.00 Billion
2020	6.24%	20.20%	0.28x	1.09x	₩-11.83 Billion
2021	2.97%	10.75%	0.24x	1.17x	₩-26.49 Billion
2022	1.60%	4.97%	0.28x	1.17x	₩-31.74 Billion
2023	2.08%	7.15%	0.25x	1.16x	₩-34.43 Billion
2024	2.32%	13.97%	0.15x	1.14x	₩-41.73 Billion

Industry Comparison

This section compares Cho Kwang Leat's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

Industry: Auto Parts
Average net assets among peers: $565,000,713,308
Average return on equity (ROE) among peers: 2.34%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Cho Kwang Leat (004700)	₩564.08 Billion	5.23%	0.14x	$166.14 Million
Hankook Tire Worldwide (000240)	$1.77 Trillion	-1.14%	2.04x	$1.60 Billion
Daewonkangup (000430)	$111.59 Billion	3.26%	1.76x	$183.40 Million
SG Choongbang Co Ltd (001380)	$26.46 Billion	0.00%	8.99x	$33.46 Million
Tae Won Mulsan (001420)	$32.20 Billion	1.67%	0.19x	$15.16 Million
Dongkook Ind (001620)	$170.07 Billion	-12.97%	2.34x	$48.42 Million
PS Tec. Co. Ltd (002230)	$42.65 Billion	9.95%	0.26x	$112.51 Million
Nexen Tire (002350)	$1.60 Trillion	0.30%	1.39x	$484.20 Million
Nexen Tire Prf 1 (002355)	$1.56 Trillion	7.59%	1.21x	$19.07 Million
Dayou A-Tech (002880)	$52.20 Billion	11.76%	2.72x	$31.63 Million
Yoo Sung Ent (002920)	$289.11 Billion	3.03%	0.31x	$33.27 Million

About Cho Kwang Leat

KO:004700 Korea Auto Parts

Market Cap

$166.14 Million

₩245.15 Billion KRW

Market Cap Rank

#17226 Global

#781 in Korea

Share Price

₩69000.00

Change (1 day)

-0.86%

52-Week Range

₩52100.00 - ₩84500.00

All Time High

₩84500.00