Aprogen KIC Inc
Aprogen Medicines Inc. designs, manufactures, and maintains plant facilities for steelwork, petrochemistry, shipbuilding, power plant, and LNG base industries in South Korea. The company also offers thermal and cold spray services; and clad rolls, clad plates, wear plates, clad pipes and fittings, and plasma transferred arcs. In addition, it provides Nukon system, a special heat-preservation syst… Read more
Aprogen KIC Inc (007460) - Net Assets
Latest net assets as of September 2025: ₩488.30 Billion KRW
Based on the latest financial reports, Aprogen KIC Inc (007460) has net assets worth ₩488.30 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 (₩811.82 Billion) and total liabilities (₩323.51 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 | ₩488.30 Billion |
| % of Total Assets | 60.15% |
| Annual Growth Rate | 15.46% |
| 5-Year Change | -36.23% |
| 10-Year Change | N/A |
| Growth Volatility | 104.69 |
Aprogen KIC Inc - Net Assets Trend (2002–2024)
This chart illustrates how Aprogen KIC Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Aprogen KIC Inc (2002–2024)
The table below shows the annual net assets of Aprogen KIC Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩440.09 Billion | +5.36% |
| 2023-12-31 | ₩417.69 Billion | -9.40% |
| 2022-12-31 | ₩461.00 Billion | -34.55% |
| 2021-12-31 | ₩704.36 Billion | +2.06% |
| 2020-12-31 | ₩690.14 Billion | +30.97% |
| 2019-12-31 | ₩526.95 Billion | +169.53% |
| 2018-12-31 | ₩195.51 Billion | +30.73% |
| 2017-12-31 | ₩149.56 Billion | +323.47% |
| 2016-12-31 | ₩35.32 Billion | +584.73% |
| 2012-12-31 | ₩-7.29 Billion | -215.33% |
| 2011-12-31 | ₩6.32 Billion | -93.88% |
| 2010-12-31 | ₩103.28 Billion | -12.51% |
| 2009-12-31 | ₩118.05 Billion | +5.17% |
| 2008-12-31 | ₩112.25 Billion | +89.55% |
| 2007-12-31 | ₩59.22 Billion | +77.67% |
| 2006-12-31 | ₩33.33 Billion | +28.29% |
| 2005-12-31 | ₩25.98 Billion | +29.94% |
| 2004-12-31 | ₩19.99 Billion | +8.77% |
| 2003-12-31 | ₩18.38 Billion | -1.28% |
| 2002-12-31 | ₩18.62 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aprogen KIC Inc'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 41850615408000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩577.14 Billion | 363.82% |
| Total Equity | ₩158.63 Billion | 100.00% |
Aprogen KIC Inc Competitors by Market Cap
The table below lists competitors of Aprogen KIC Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vistin Pharma ASA
OL:VISTN
|
$40.47 Million |
|
ICC Holdings Inc
NASDAQ:ICCH
|
$40.47 Million |
|
Gentian Diagnostics AS
OL:GENT
|
$40.48 Million |
|
Ambika Cotton Mills Limited
NSE:AMBIKCO
|
$40.48 Million |
|
SDN Company. Ltd
KQ:099220
|
$40.47 Million |
|
CAPITAL + REGIONAL LS-01
F:XC2R
|
$40.47 Million |
|
Eusu Holdings
KO:000700
|
$40.44 Million |
|
Peoples Financial Corp
OTCQX:PFBX
|
$40.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aprogen KIC Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 147,799,582,690 to 158,633,660,420, a change of 10,834,077,730 (7.3%).
- Net loss of 58,079,234,210 reduced equity.
- Share repurchases of 97,750 reduced equity.
- New share issuances of 761,300 increased equity.
- Other factors increased equity by 68,912,648,390.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-58.08 Billion | -36.61% |
| Share Repurchases | ₩97.75K | -0.0% |
| Share Issuances | ₩761.30K | +0.0% |
| Other Changes | ₩68.91 Billion | +43.44% |
| Total Change | ₩- | 7.33% |
Book Value vs Market Value Analysis
This analysis compares Aprogen KIC Inc'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: 0.57x
- 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 0.11x to 0.57x 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 | ₩3004.77 | ₩320.00 | x |
| 2018-12-31 | ₩2127.44 | ₩320.00 | x |
| 2019-12-31 | ₩1973.34 | ₩320.00 | x |
| 2020-12-31 | ₩1744.12 | ₩320.00 | x |
| 2021-12-31 | ₩1686.90 | ₩320.00 | x |
| 2022-12-31 | ₩923.44 | ₩320.00 | x |
| 2023-12-31 | ₩605.54 | ₩320.00 | x |
| 2024-12-31 | ₩559.82 | ₩320.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aprogen KIC Inc 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): -36.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -38.69%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 3.85x
- Recent ROE (-36.61%) is below the historical average (-11.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 13.38% | 3.31% | 1.09x | 3.71x | ₩628.64 Million |
| 2003 | 12.19% | 2.67% | 0.89x | 5.13x | ₩402.92 Million |
| 2004 | 9.62% | 2.07% | 0.95x | 4.91x | ₩-76.39 Million |
| 2005 | 16.57% | 3.97% | 1.02x | 4.10x | ₩1.71 Billion |
| 2006 | 20.74% | 6.54% | 0.82x | 3.86x | ₩3.58 Billion |
| 2007 | 12.08% | 5.34% | 0.81x | 2.81x | ₩1.19 Billion |
| 2008 | 8.75% | 3.57% | 0.98x | 2.51x | ₩-1.39 Billion |
| 2009 | 3.76% | 1.94% | 0.71x | 2.74x | ₩-7.30 Billion |
| 2010 | -12.40% | -5.51% | 0.68x | 3.31x | ₩-23.10 Billion |
| 2011 | -132.80% | -41.76% | 0.33x | 9.64x | ₩-51.92 Billion |
| 2012 | -30.18% | -7.07% | 0.50x | 8.56x | ₩-16.07 Billion |
| 2016 | 6.82% | 4.39% | 0.70x | 2.22x | ₩-1.12 Billion |
| 2017 | 1.57% | 5.21% | 0.17x | 1.79x | ₩-12.61 Billion |
| 2018 | -16.42% | -62.90% | 0.13x | 2.02x | ₩-51.66 Billion |
| 2019 | 3.86% | 14.97% | 0.12x | 2.16x | ₩-18.62 Billion |
| 2020 | -14.57% | -36.57% | 0.15x | 2.62x | ₩-78.40 Billion |
| 2021 | -5.36% | -12.75% | 0.17x | 2.45x | ₩-51.60 Billion |
| 2022 | -45.87% | -125.92% | 0.13x | 2.79x | ₩-120.17 Billion |
| 2023 | -37.63% | -36.94% | 0.25x | 4.02x | ₩-70.40 Billion |
| 2024 | -36.61% | -38.69% | 0.25x | 3.85x | ₩-73.94 Billion |
Industry Comparison
This section compares Aprogen KIC Inc's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $5,885,751,880,295
- Average return on equity (ROE) among peers: 1.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aprogen KIC Inc (007460) | ₩488.30 Billion | 13.38% | 0.66x | $40.47 Million |
| Doosan (000150) | $3.17 Trillion | 2.32% | 4.42x | $7.78 Billion |
| Doosan Pref Shs (000155) | $7.71 Trillion | -7.18% | 2.91x | $3.91 Billion |
| Doosan Co Ltd (000157) | $7.15 Trillion | -1.64% | 3.04x | $833.50 Million |
| Hanwha Corp. Pfd. Series 1 (000885) | $13.65 Trillion | -2.09% | 9.67x | $738.15 Million |
| Hanwha Corp Preferred (00088K) | $14.23 Trillion | 3.46% | 9.88x | $892.93 Million |
| Cj Corp Pref (001045) | $9.86 Trillion | 2.09% | 1.39x | $914.06 Million |
| LX International Corp (001120) | $654.45 Billion | 14.28% | 3.82x | $773.58 Million |
| Kg Chemical (001390) | $192.43 Billion | 3.19% | 1.23x | $130.84 Million |
| SK Networks Co Ltd (001740) | $2.25 Trillion | 1.54% | 2.91x | $348.44 Million |
| Hanchang (005110) | $3.47 Billion | 0.00% | 16.09x | $12.60 Million |