Pusan Cast Iron Co., Ltd. (005030) - Net Assets
Based on the latest financial reports, Pusan Cast Iron Co., Ltd. (005030) has net assets worth ₩13.21 Billion KRW (≈ $8.95 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩225.88 Billion ≈ $153.08 Million USD) and total liabilities (₩212.67 Billion ≈ $144.13 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 Pusan Cast Iron Co., Ltd. (005030) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩13.21 Billion |
| % of Total Assets | 5.85% |
| Annual Growth Rate | -6.72% |
| 5-Year Change | -20.08% |
| 10-Year Change | -60.05% |
| Growth Volatility | 20.87 |
Pusan Cast Iron Co., Ltd. - Net Assets Trend (2013–2024)
This chart illustrates how Pusan Cast Iron Co., Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 005030 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Pusan Cast Iron Co., Ltd. (2013–2024)
The table below shows the annual net assets of Pusan Cast Iron Co., Ltd. from 2013 to 2024. For live valuation and market cap data, see market value of Pusan Cast Iron Co., Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩21.29 Billion ≈ $14.43 Million |
+6.76% |
| 2023-12-31 | ₩19.94 Billion ≈ $13.52 Million |
-13.38% |
| 2022-12-31 | ₩23.02 Billion ≈ $15.60 Million |
-0.62% |
| 2021-12-31 | ₩23.17 Billion ≈ $15.70 Million |
-13.03% |
| 2020-12-31 | ₩26.64 Billion ≈ $18.05 Million |
-11.41% |
| 2019-12-31 | ₩30.07 Billion ≈ $20.38 Million |
-46.98% |
| 2018-12-31 | ₩56.71 Billion ≈ $38.43 Million |
-15.03% |
| 2017-12-31 | ₩66.75 Billion ≈ $45.24 Million |
+39.90% |
| 2016-12-31 | ₩47.71 Billion ≈ $32.33 Million |
-10.48% |
| 2015-12-31 | ₩53.30 Billion ≈ $36.12 Million |
+18.33% |
| 2014-12-31 | ₩45.04 Billion ≈ $30.53 Million |
-1.60% |
| 2013-12-31 | ₩45.78 Billion ≈ $31.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Pusan Cast Iron Co., Ltd.'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 414.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩100.73 Billion | 473.09% |
| Total Equity | ₩21.29 Billion | 100.00% |
Pusan Cast Iron Co., Ltd. Competitors by Market Cap
The table below lists competitors of Pusan Cast Iron Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LM Pay Spolka Akcyjna
F:Y00
|
$25.95 Million |
|
Bayfirst Financial Corp
NASDAQ:BAFN
|
$25.98 Million |
|
Hitech Corporation Limited
NSE:HITECHCORP
|
$26.00 Million |
|
Shanghai Shenqi Pharmaceutical Investment Management Co Ltd B
SHG:900904
|
$26.01 Million |
|
SPARK VC S.A. ZY 10
F:8N2
|
$25.94 Million |
|
ARENA.PL S.A. ZY -50
F:8G6
|
$25.90 Million |
|
4Mass SA
WAR:4MS
|
$25.90 Million |
|
First Hydrogen Corp
V:FHYD
|
$25.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pusan Cast Iron Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,943,525,120 to 21,290,916,050, a change of 1,347,390,930 (6.8%).
- Net loss of 627,530,690 reduced equity.
- Other factors increased equity by 1,974,921,620.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-627.53 Million | -2.95% |
| Other Changes | ₩1.97 Billion | +9.28% |
| Total Change | ₩- | 6.76% |
Book Value vs Market Value Analysis
This analysis compares Pusan Cast Iron Co., Ltd.'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: 1.80x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.21x to 1.80x 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 | ₩2282.96 | ₩486.00 | x |
| 2018-12-31 | ₩1339.19 | ₩486.00 | x |
| 2019-12-31 | ₩709.24 | ₩486.00 | x |
| 2020-12-31 | ₩468.59 | ₩486.00 | x |
| 2021-12-31 | ₩351.18 | ₩486.00 | x |
| 2022-12-31 | ₩315.71 | ₩486.00 | x |
| 2023-12-31 | ₩253.15 | ₩486.00 | x |
| 2024-12-31 | ₩270.25 | ₩486.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pusan Cast Iron Co., Ltd. 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): -2.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.29%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 10.88x
- Recent ROE (-2.95%) is above the historical average (-26.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -9.39% | -2.21% | 0.83x | 5.14x | ₩-8.87 Billion |
| 2014 | 0.46% | 0.10% | 0.80x | 5.65x | ₩-4.30 Billion |
| 2015 | -0.90% | -0.25% | 0.74x | 4.88x | ₩-5.81 Billion |
| 2016 | -19.13% | -5.08% | 0.65x | 5.78x | ₩-13.90 Billion |
| 2017 | -15.10% | -5.28% | 0.63x | 4.51x | ₩-16.75 Billion |
| 2018 | -37.90% | -10.55% | 0.67x | 5.39x | ₩-27.17 Billion |
| 2019 | -71.79% | -10.55% | 0.73x | 9.38x | ₩-24.59 Billion |
| 2020 | -50.44% | -8.80% | 0.61x | 9.38x | ₩-16.10 Billion |
| 2021 | -50.69% | -6.29% | 0.78x | 10.34x | ₩-14.06 Billion |
| 2022 | -35.21% | -3.52% | 0.99x | 10.10x | ₩-10.41 Billion |
| 2023 | -25.49% | -2.10% | 1.01x | 11.95x | ₩-7.08 Billion |
| 2024 | -2.95% | -0.29% | 0.92x | 10.88x | ₩-2.76 Billion |
Industry Comparison
This section compares Pusan Cast Iron Co., Ltd.'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 |
|---|---|---|---|---|
| Pusan Cast Iron Co., Ltd. (005030) | ₩13.21 Billion | -9.39% | 16.10x | $25.95 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 Pusan Cast Iron Co., Ltd.
Pusan Cast Iron Co., Ltd. manufactures and sells automobile components for various OEM customers in South Korea. The company offers knuckles, carriers, cases, crank shafts, HSGs, base assemblies, saddle lowers, hubs, drums, cam shafts, caliper housings and discs, brake bridges and spiders, hub wheels, brake frames, bearing caps, and pot calipers. It also engages in the new and renewable energy bu… Read more