Kuk Dong (005320) - Net Assets
Based on the latest financial reports, Kuk Dong (005320) has net assets worth ₩106.77 Billion KRW (≈ $72.36 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 (₩166.34 Billion ≈ $112.73 Million USD) and total liabilities (₩59.57 Billion ≈ $40.37 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 financial resilience of Kuk Dong to evaluate the company's liquid asset resilience ratio.
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. Also explore Kuk Dong (005320) total assets for the complete picture of this company's asset base.
Annual Net Assets for Kuk Dong (2000–2024)
The table below shows the annual net assets of Kuk Dong from 2000 to 2024. For live valuation and market cap data, see Kuk Dong (005320) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩115.57 Billion ≈ $78.32 Million |
+4.32% |
| 2023-12-31 | ₩110.79 Billion ≈ $75.08 Million |
+1.59% |
| 2022-12-31 | ₩109.06 Billion ≈ $73.91 Million |
+6.54% |
| 2021-12-31 | ₩102.36 Billion ≈ $69.37 Million |
+14.10% |
| 2020-12-31 | ₩89.71 Billion ≈ $60.80 Million |
+39.14% |
| 2019-12-31 | ₩64.48 Billion ≈ $43.70 Million |
+34.47% |
| 2018-12-31 | ₩47.95 Billion ≈ $32.49 Million |
+12.48% |
| 2017-12-31 | ₩42.63 Billion ≈ $28.89 Million |
-17.58% |
| 2016-12-31 | ₩51.73 Billion ≈ $35.05 Million |
+65.65% |
| 2015-12-31 | ₩31.23 Billion ≈ $21.16 Million |
+9.03% |
| 2014-12-31 | ₩28.64 Billion ≈ $19.41 Million |
+85.82% |
| 2013-12-31 | ₩15.41 Billion ≈ $10.44 Million |
+63.56% |
| 2012-12-31 | ₩9.42 Billion ≈ $6.39 Million |
+61.64% |
| 2011-12-31 | ₩5.83 Billion ≈ $3.95 Million |
+379.68% |
| 2010-12-31 | ₩-2.08 Billion ≈ $-1.41 Million |
-29.90% |
| 2009-12-31 | ₩-1.60 Billion ≈ $-1.09 Million |
-117.50% |
| 2008-12-31 | ₩9.17 Billion ≈ $6.22 Million |
-66.80% |
| 2007-12-31 | ₩27.63 Billion ≈ $18.72 Million |
+7.28% |
| 2006-12-31 | ₩25.75 Billion ≈ $17.45 Million |
+15.36% |
| 2005-12-31 | ₩22.32 Billion ≈ $15.13 Million |
-5.39% |
| 2004-12-31 | ₩23.60 Billion ≈ $15.99 Million |
-26.94% |
| 2003-12-31 | ₩32.29 Billion ≈ $21.89 Million |
-24.88% |
| 2002-12-31 | ₩42.99 Billion ≈ $29.13 Million |
-7.62% |
| 2001-12-31 | ₩46.54 Billion ≈ $31.54 Million |
+3.42% |
| 2000-12-31 | ₩45.00 Billion ≈ $30.50 Million |
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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 |
|---|---|
|
Park Street A/S
CO:PARKST-A
|
$26.81 Million |
|
Inmofam 99 SOCIMI SA
MC:YINM
|
$26.82 Million |
|
Univastu India Limited
NSE:UNIVASTU
|
$26.83 Million |
|
Hydrogen Refueling Solutions
PA:ALHRS
|
$26.83 Million |
|
JTC PLC
LSE:JTC
|
$26.79 Million |
|
Interhides Public Company Limited
BK:IHL
|
$26.79 Million |
|
Allianz Technology Trust PLC
LSE:ATT
|
$26.76 Million |
|
FatPipe, Inc. Common Stock
NASDAQ:FATN
|
$26.73 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: 0.34x
- 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 0.21x to 0.34x 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 | ₩588.00 | x |
| 2018-12-31 | ₩3005.86 | ₩588.00 | x |
| 2019-12-31 | ₩2354.96 | ₩588.00 | x |
| 2020-12-31 | ₩2321.46 | ₩588.00 | x |
| 2021-12-31 | ₩1932.83 | ₩588.00 | x |
| 2022-12-31 | ₩2008.52 | ₩588.00 | x |
| 2023-12-31 | ₩1708.07 | ₩588.00 | x |
| 2024-12-31 | ₩1745.44 | ₩588.00 | 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: $613,081,197,059
- Average return on equity (ROE) among peers: 2.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kuk Dong (005320) | ₩106.77 Billion | 2.13% | 0.56x | $26.80 Million |
| BYC Co. Ltd (001460) | $534.92 Billion | 4.43% | 0.28x | $212.41 Million |
| BYC Co Ltd (001465) | $549.41 Billion | 3.35% | 0.27x | $47.86 Million |
| Vivien Corp (002070) | $124.91 Billion | 3.35% | 0.23x | $327.51 Million |
| SG Corporation (004060) | $170.61 Billion | 0.00% | 0.52x | $65.59 Million |
| Shinsung Tngsn (005390) | $207.88 Billion | 2.77% | 1.65x | $399.30 Million |
| Shinyoung Waco (005800) | $271.75 Billion | 2.17% | 0.12x | $91.98 Million |
| F&F Holdings Co. Ltd (007700) | $3.37 Trillion | 3.17% | 0.20x | $508.36 Million |
| Pan-Pacific (007980) | $161.11 Billion | 1.50% | 2.52x | $69.18 Million |
| Willbes (008600) | $127.25 Billion | 4.65% | 0.47x | $116.83 Million |
About Kuk Dong
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