Iljeong Ind
Iljeong Industrial Co.Ltd. provides car seat fabrics to automobile makers in Korea. The company's moquette, tricot, woven, plush jacquard, jersey, single knit, and headliner fabrics are used in car seat fabrics, head linings, door trims, arms rests, and sun visors. It also provides upholstery fabrics that are used in sofas and armchairs in hotel and homes. The company was founded in 1973 and is h… Read more
Iljeong Ind (008500) - Net Assets
Latest net assets as of September 2025: ₩17.74 Billion KRW
Based on the latest financial reports, Iljeong Ind (008500) has net assets worth ₩17.74 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 (₩37.72 Billion) and total liabilities (₩19.97 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 | ₩17.74 Billion |
| % of Total Assets | 47.04% |
| Annual Growth Rate | -10.38% |
| 5-Year Change | -76.2% |
| 10-Year Change | -89.46% |
| Growth Volatility | 30.76 |
Iljeong Ind - Net Assets Trend (2004–2024)
This chart illustrates how Iljeong Ind's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Iljeong Ind (2004–2024)
The table below shows the annual net assets of Iljeong Ind from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩6.07 Billion | +99.93% |
| 2023-12-31 | ₩3.04 Billion | -30.17% |
| 2022-12-31 | ₩4.35 Billion | -76.57% |
| 2021-12-31 | ₩18.57 Billion | -27.24% |
| 2020-12-31 | ₩25.52 Billion | -13.58% |
| 2019-12-31 | ₩29.53 Billion | -31.10% |
| 2018-12-31 | ₩42.86 Billion | -15.82% |
| 2017-12-31 | ₩50.92 Billion | -13.55% |
| 2016-12-31 | ₩58.90 Billion | +2.23% |
| 2015-12-31 | ₩57.62 Billion | +10.82% |
| 2014-12-31 | ₩51.99 Billion | +2.29% |
| 2013-12-31 | ₩50.82 Billion | +0.24% |
| 2012-12-31 | ₩50.70 Billion | +3.09% |
| 2011-12-31 | ₩49.18 Billion | +1.71% |
| 2010-12-31 | ₩48.35 Billion | -2.36% |
| 2009-12-31 | ₩49.52 Billion | -7.49% |
| 2008-12-31 | ₩53.54 Billion | -4.00% |
| 2007-12-31 | ₩55.77 Billion | -6.42% |
| 2006-12-31 | ₩59.59 Billion | +2.37% |
| 2005-12-31 | ₩58.22 Billion | +7.15% |
| 2004-12-31 | ₩54.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Iljeong Ind'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 556189130000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩11.64 Billion | 191.56% |
| Total Equity | ₩6.07 Billion | 100.00% |
Iljeong Ind Competitors by Market Cap
The table below lists competitors of Iljeong Ind ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ES Energy Save Holding AB
ST:ESGR-B
|
$3.63 Million |
|
Curanex Pharmaceuticals Inc Common Stock
NASDAQ:CURX
|
$3.63 Million |
|
HAYDALE GRAPH.INDUS.LS-02
F:6HG
|
$3.63 Million |
|
IPC CORP. -LOC.-
F:IPEN
|
$3.63 Million |
|
CHARWOOD ENERGY EO -01
F:L5Q
|
$3.63 Million |
|
Kim Teck Cheong Consolidated Bhd
KLSE:0180
|
$3.63 Million |
|
Daelim Trading
KO:006570
|
$3.62 Million |
|
Petrolimex International Trading JSC
VN:PIT
|
$3.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iljeong Ind's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,038,310,860 to 6,074,532,260, a change of 3,036,221,400 (99.9%).
- Net income of 3,412,124,660 contributed positively to equity growth.
- Other factors decreased equity by 375,903,260.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.41 Billion | +56.17% |
| Other Changes | ₩-375.90 Million | -6.19% |
| Total Change | ₩- | 99.93% |
Book Value vs Market Value Analysis
This analysis compares Iljeong Ind'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: 2.33x
- 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 0.06x to 2.33x 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 | ₩42431.10 | ₩2400.00 | x |
| 2018-12-31 | ₩36158.07 | ₩2400.00 | x |
| 2019-12-31 | ₩24994.27 | ₩2400.00 | x |
| 2020-12-31 | ₩21599.23 | ₩2400.00 | x |
| 2021-12-31 | ₩15716.55 | ₩2400.00 | x |
| 2022-12-31 | ₩3682.35 | ₩2400.00 | x |
| 2023-12-31 | ₩2571.32 | ₩2400.00 | x |
| 2024-12-31 | ₩1028.17 | ₩2400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iljeong Ind 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): 56.17%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.84%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 5.45x
- Recent ROE (56.17%) is above the historical average (-15.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 6.61% | 3.80% | 1.00x | 1.74x | ₩-1.84 Billion |
| 2005 | 8.74% | 5.07% | 0.99x | 1.74x | ₩-735.52 Million |
| 2006 | 5.69% | 3.98% | 0.96x | 1.49x | ₩-2.57 Billion |
| 2010 | 0.17% | 0.14% | 0.89x | 1.31x | ₩-4.76 Billion |
| 2011 | 2.39% | 1.48% | 1.19x | 1.35x | ₩-3.74 Billion |
| 2012 | 9.37% | 4.92% | 1.25x | 1.53x | ₩-320.67 Million |
| 2013 | 3.07% | 1.63% | 1.37x | 1.38x | ₩-3.52 Billion |
| 2014 | 5.81% | 3.84% | 1.23x | 1.23x | ₩-2.18 Billion |
| 2015 | 12.35% | 10.45% | 0.99x | 1.20x | ₩1.35 Billion |
| 2016 | 5.38% | 4.02% | 1.16x | 1.16x | ₩-2.72 Billion |
| 2017 | -11.20% | -11.62% | 0.73x | 1.32x | ₩-10.79 Billion |
| 2018 | -16.03% | -14.31% | 0.70x | 1.59x | ₩-11.16 Billion |
| 2019 | -46.05% | -34.18% | 0.66x | 2.05x | ₩-16.55 Billion |
| 2020 | -16.54% | -13.47% | 0.67x | 1.83x | ₩-6.77 Billion |
| 2021 | -40.14% | -23.44% | 0.77x | 2.23x | ₩-9.31 Billion |
| 2022 | -196.13% | -27.43% | 0.97x | 7.41x | ₩-8.97 Billion |
| 2023 | -74.25% | -7.00% | 1.04x | 10.22x | ₩-2.56 Billion |
| 2024 | 56.17% | 7.84% | 1.31x | 5.45x | ₩2.80 Billion |
Industry Comparison
This section compares Iljeong Ind's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $275,402,800,352
- Average return on equity (ROE) among peers: -0.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Iljeong Ind (008500) | ₩17.74 Billion | 6.61% | 1.13x | $3.63 Million |
| Kyungbangco.Ltd (000050) | $741.93 Billion | 1.76% | 0.70x | $50.48 Million |
| Chonbang (000950) | $155.64 Billion | 1.69% | 0.95x | $24.13 Million |
| Silla Textile Co.Ltd (001000) | $13.37 Billion | -20.43% | 1.52x | $8.50 Million |
| Taihan Textile (001070) | $132.34 Billion | 0.84% | 0.40x | $8.71 Million |
| DI Dong Il Corp (001530) | $561.11 Billion | 0.00% | 0.64x | $232.14 Million |
| Ilshin Spinnin (003200) | $306.82 Billion | 2.19% | 0.49x | $77.92 Million |
| Pang Rim Spinn (003610) | $180.57 Billion | 3.72% | 0.27x | $56.13 Million |
| Daehan Synthet (003830) | $533.41 Billion | 4.22% | 0.14x | $27.66 Million |
| Duksung (004830) | $65.34 Billion | 0.80% | 0.61x | $35.90 Million |
| Duksung Co Ltd (004835) | $63.50 Billion | 0.82% | 0.53x | $46.93 Million |