Kuk Dong

KO:005320 Korea Apparel Manufacturing
Market Cap
$23.15 Million
₩33.90 Billion KRW
Market Cap Rank
#26664 Global
#1725 in Korea
Share Price
₩504.00
Change (1 day)
-2.51%
52-Week Range
₩409.00 - ₩674.00
All Time High
₩6711.94
Categories
Companies in Korea Apparel Manufacturing
About

ONTIDE Corp. manufactures and sells textile products in Mexico, Indonesia, Vietnam, Bangladesh, and the Philippines. It also offers active sportswear, such as athleisure, teamwear, and golf wear; lifestyle wear; and workwear. The company also exports its products. The company was formerly known as Kukdong Corporation and changed its name to ONTIDE Corp. in October 2024. ONTIDE Corp. was founded i… Read more

Kuk Dong (005320) - Net Assets

Latest net assets as of September 2025: ₩106.77 Billion KRW

Based on the latest financial reports, Kuk Dong (005320) has net assets worth ₩106.77 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 (₩166.34 Billion) and total liabilities (₩59.57 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 ₩106.77 Billion
% of Total Assets 64.19%
Annual Growth Rate 4.01%
5-Year Change 28.83%
10-Year Change 270.12%
Growth Volatility 43.65

Kuk Dong - Net Assets Trend (2000–2024)

This chart illustrates how Kuk Dong's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Kuk Dong (2000–2024)

The table below shows the annual net assets of Kuk Dong from 2000 to 2024.

Year Net Assets Change
2024-12-31 ₩115.57 Billion +4.32%
2023-12-31 ₩110.79 Billion +1.59%
2022-12-31 ₩109.06 Billion +6.54%
2021-12-31 ₩102.36 Billion +14.10%
2020-12-31 ₩89.71 Billion +39.14%
2019-12-31 ₩64.48 Billion +34.47%
2018-12-31 ₩47.95 Billion +12.48%
2017-12-31 ₩42.63 Billion -17.58%
2016-12-31 ₩51.73 Billion +65.65%
2015-12-31 ₩31.23 Billion +9.03%
2014-12-31 ₩28.64 Billion +85.82%
2013-12-31 ₩15.41 Billion +63.56%
2012-12-31 ₩9.42 Billion +61.64%
2011-12-31 ₩5.83 Billion +379.68%
2010-12-31 ₩-2.08 Billion -29.90%
2009-12-31 ₩-1.60 Billion -117.50%
2008-12-31 ₩9.17 Billion -66.80%
2007-12-31 ₩27.63 Billion +7.28%
2006-12-31 ₩25.75 Billion +15.36%
2005-12-31 ₩22.32 Billion -5.39%
2004-12-31 ₩23.60 Billion -26.94%
2003-12-31 ₩32.29 Billion -24.88%
2002-12-31 ₩42.99 Billion -7.62%
2001-12-31 ₩46.54 Billion +3.42%
2000-12-31 ₩45.00 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Kuk Dong'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 750153214000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩7.50 Billion 6.49%
Other Components ₩108.07 Billion 93.51%
Total Equity ₩115.57 Billion 100.00%

Kuk Dong Competitors by Market Cap

The table below lists competitors of Kuk Dong ranked by their market capitalization.

Company Market Cap
Sterling Tools Limited
NSE:STERTOOLS
 		$15.41 Million
Blackbird plc
PINK:BBRDF
 		$15.41 Million
111380
KO:111380
 		$15.41 Million
Aciselsan Acipayam Seluloz Sanayi Ve Ticaret AS
IS:ACSEL
 		$15.42 Million
TORT.MEXIC.GRILL LS -01
F:73D
 		$15.40 Million
Makarony Polskie S.A.
WAR:MAK
 		$15.40 Million
Ihlas Yayin Holding A.S.
IS:IHYAY
 		$15.40 Million
Renta Corp. Real Estate S.A.
LSE:0FSJ
 		$15.39 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 110,792,565,420 to 115,574,349,110, a change of 4,781,783,690 (4.3%).
  • Net loss of 3,794,212,370 reduced equity.
  • New share issuances of 129,750 increased equity.
  • Other factors increased equity by 8,575,866,310.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩-3.79 Billion -3.28%
Share Issuances ₩129.75K +0.0%
Other Changes ₩8.58 Billion +7.42%
Total Change ₩- 4.32%

Book Value vs Market Value Analysis

This analysis compares Kuk Dong'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: 0.29x
  • 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 0.18x to 0.29x 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 ₩2820.03 ₩504.00 x
2018-12-31 ₩3005.86 ₩504.00 x
2019-12-31 ₩2354.96 ₩504.00 x
2020-12-31 ₩2321.46 ₩504.00 x
2021-12-31 ₩1932.83 ₩504.00 x
2022-12-31 ₩2008.52 ₩504.00 x
2023-12-31 ₩1708.07 ₩504.00 x
2024-12-31 ₩1745.44 ₩504.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kuk Dong 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): -3.28%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.43%
  • • Asset Turnover: 1.53x
  • • Equity Multiplier: 1.51x
  • Recent ROE (-3.28%) is below the historical average (8.39%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 2.13% 0.90% 0.94x 2.53x ₩-3.53 Billion
2001 3.59% 1.50% 0.86x 2.78x ₩-2.97 Billion
2012 54.97% 3.75% 2.10x 6.98x ₩4.24 Billion
2013 26.01% 2.71% 2.02x 4.74x ₩2.47 Billion
2014 31.07% 4.78% 2.08x 3.12x ₩6.03 Billion
2015 16.77% 3.07% 1.82x 3.00x ₩2.11 Billion
2016 12.00% 3.15% 1.59x 2.40x ₩1.04 Billion
2017 -21.04% -4.68% 1.80x 2.49x ₩-13.23 Billion
2018 6.16% 1.35% 1.79x 2.56x ₩-1.84 Billion
2019 -6.16% -1.78% 1.67x 2.07x ₩-10.42 Billion
2020 17.73% 6.27% 1.36x 2.08x ₩6.93 Billion
2021 -7.77% -3.50% 1.35x 1.65x ₩-18.19 Billion
2022 1.27% 0.42% 1.88x 1.60x ₩-9.52 Billion
2023 -7.68% -3.79% 1.28x 1.59x ₩-19.58 Billion
2024 -3.28% -1.43% 1.53x 1.51x ₩-15.35 Billion

Industry Comparison

This section compares Kuk Dong's net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

  • Industry: Apparel Manufacturing
  • Average net assets among peers: $229,818,846,450
  • Average return on equity (ROE) among peers: 5.07%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Kuk Dong (005320) ₩106.77 Billion 2.13% 0.56x $15.40 Million
BYC Co Ltd (001465) $378.12 Billion 3.49% 0.83x $50.34 Million
Vivien Corp (002070) $138.99 Billion 0.12% 0.40x $10.53 Million
Shinsung Tngsn (005390) $230.85 Billion 2.26% 1.99x $10.03 Million
Shinyoung Waco (005800) $251.88 Billion 6.83% 0.12x $26.78 Million
F&F Holdings Co. Ltd (007700) $189.53 Billion 7.38% 0.70x $40.03 Million
Pan-Pacific (007980) $241.92 Billion 9.16% 2.11x $38.87 Million
Willbes (008600) $126.89 Billion 2.17% 0.93x $13.89 Million
Shinwon (009270) $213.79 Billion 2.77% 1.55x $51.58 Million
Youngone Holdi (009970) $296.42 Billion 11.43% 0.61x $813.72 Million