Kyung In Elect
Kyungin Electronics Co., Ltd manufactures and sells electronic components in South Korea. The company offers micro, tact, radial tapping, and SMD switches. It offers remote controllers, thermostats, potentiometers, and other products. The company exports its products. Kyungin Electronics Co., Ltd was founded in 1973 and is based in Seoul, South Korea.
Kyung In Elect (009140) - Net Assets
Latest net assets as of September 2025: ₩79.17 Billion KRW
Based on the latest financial reports, Kyung In Elect (009140) has net assets worth ₩79.17 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 (₩85.82 Billion) and total liabilities (₩6.64 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 | ₩79.17 Billion |
| % of Total Assets | 92.26% |
| Annual Growth Rate | 2.13% |
| 5-Year Change | 41.59% |
| 10-Year Change | 28.4% |
| Growth Volatility | 8.14 |
Kyung In Elect - Net Assets Trend (2002–2024)
This chart illustrates how Kyung In Elect's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kyung In Elect (2002–2024)
The table below shows the annual net assets of Kyung In Elect from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩76.56 Billion | +8.46% |
| 2023-12-31 | ₩70.58 Billion | +10.35% |
| 2022-12-31 | ₩63.96 Billion | +7.33% |
| 2021-12-31 | ₩59.60 Billion | +10.23% |
| 2020-12-31 | ₩54.07 Billion | -0.73% |
| 2019-12-31 | ₩54.46 Billion | -0.33% |
| 2018-12-31 | ₩54.64 Billion | -2.52% |
| 2017-12-31 | ₩56.06 Billion | -6.17% |
| 2016-12-31 | ₩59.74 Billion | +0.20% |
| 2015-12-31 | ₩59.62 Billion | +3.74% |
| 2014-12-31 | ₩57.47 Billion | -0.89% |
| 2013-12-31 | ₩57.99 Billion | +1.77% |
| 2012-12-31 | ₩56.98 Billion | +2.71% |
| 2011-12-31 | ₩55.48 Billion | +10.91% |
| 2008-12-31 | ₩50.02 Billion | +24.07% |
| 2005-12-31 | ₩40.32 Billion | +4.49% |
| 2004-12-31 | ₩38.59 Billion | -11.58% |
| 2003-12-31 | ₩43.64 Billion | -9.33% |
| 2002-12-31 | ₩48.14 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kyung In Elect'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 4634106331000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩46.34 Billion | 60.53% |
| Other Components | ₩30.22 Billion | 39.47% |
| Total Equity | ₩76.56 Billion | 100.00% |
Kyung In Elect Competitors by Market Cap
The table below lists competitors of Kyung In Elect ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ultimate Games SA
WAR:ULG
|
$7.73 Million |
|
Planet Green Holdings Corp
NYSE MKT:PLAG
|
$7.73 Million |
|
Nextplat Corp
NASDAQ:NXPL
|
$7.73 Million |
|
Dor Alon
TA:DRAL
|
$7.74 Million |
|
DevPort AB (publ)
ST:DEVP-B
|
$7.73 Million |
|
GEN Restaurant Group, Inc. Class A Common Stock
NASDAQ:GENK
|
$7.73 Million |
|
Athena Technology Acquisition Corp. II
NYSE MKT:ATEK
|
$7.73 Million |
|
PT Ketrosden Triasmitra Tbk
JK:KETR
|
$7.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kyung In Elect's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 70,583,523,300 to 76,557,379,080, a change of 5,973,855,780 (8.5%).
- Net income of 2,560,127,730 contributed positively to equity growth.
- Dividend payments of 455,485,450 reduced retained earnings.
- Other factors increased equity by 3,869,213,500.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.56 Billion | +3.34% |
| Dividends Paid | ₩455.49 Million | -0.59% |
| Other Changes | ₩3.87 Billion | +5.05% |
| Total Change | ₩- | 8.46% |
Book Value vs Market Value Analysis
This analysis compares Kyung In Elect'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: 0.38x
- 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 decreased from 0.55x to 0.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩40867.65 | ₩22350.00 | x |
| 2018-12-31 | ₩40849.88 | ₩22350.00 | x |
| 2019-12-31 | ₩40940.59 | ₩22350.00 | x |
| 2020-12-31 | ₩41546.38 | ₩22350.00 | x |
| 2021-12-31 | ₩45794.86 | ₩22350.00 | x |
| 2022-12-31 | ₩49149.37 | ₩22350.00 | x |
| 2023-12-31 | ₩54237.15 | ₩22350.00 | x |
| 2024-12-31 | ₩58775.59 | ₩22350.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kyung In Elect 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): 3.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.16%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.06x
- Recent ROE (3.34%) is above the historical average (2.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 1.40% | 0.97% | 0.66x | 2.21x | ₩-3.26 Billion |
| 2003 | 2.17% | 2.03% | 0.82x | 1.30x | ₩-3.07 Billion |
| 2005 | 1.29% | 4.98% | 0.22x | 1.20x | ₩-3.27 Billion |
| 2008 | 6.73% | 22.33% | 0.25x | 1.18x | ₩-1.52 Billion |
| 2011 | 1.67% | 2.81% | 0.52x | 1.14x | ₩-4.62 Billion |
| 2012 | 2.02% | 2.60% | 0.69x | 1.12x | ₩-4.55 Billion |
| 2013 | 2.85% | 3.55% | 0.71x | 1.14x | ₩-4.14 Billion |
| 2014 | -1.73% | -2.92% | 0.55x | 1.07x | ₩-6.74 Billion |
| 2015 | 2.24% | 4.71% | 0.44x | 1.08x | ₩-4.63 Billion |
| 2016 | 4.94% | 11.11% | 0.41x | 1.08x | ₩-3.02 Billion |
| 2017 | -5.32% | -13.53% | 0.37x | 1.07x | ₩-8.59 Billion |
| 2018 | -1.25% | -3.69% | 0.32x | 1.05x | ₩-6.15 Billion |
| 2019 | 0.45% | 1.83% | 0.23x | 1.04x | ₩-5.20 Billion |
| 2020 | 2.50% | 6.49% | 0.36x | 1.07x | ₩-4.06 Billion |
| 2021 | 6.21% | 13.51% | 0.42x | 1.11x | ₩-2.26 Billion |
| 2022 | 4.23% | 13.50% | 0.29x | 1.07x | ₩-3.69 Billion |
| 2023 | 8.20% | 27.37% | 0.28x | 1.06x | ₩-1.27 Billion |
| 2024 | 3.34% | 11.16% | 0.28x | 1.06x | ₩-5.10 Billion |
Industry Comparison
This section compares Kyung In Elect's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $1,306,308,374,038
- Average return on equity (ROE) among peers: 14.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kyung In Elect (009140) | ₩79.17 Billion | 1.40% | 0.08x | $7.73 Million |
| YoungPoong (000670) | $1.92 Trillion | 12.09% | 0.37x | $141.87 Million |
| Sam Hwa Capaci (001820) | $32.31 Billion | 5.37% | 1.45x | $256.49 Million |
| Samick Music I (002450) | $129.03 Billion | 85.85% | 1.36x | $30.81 Million |
| Hansol Technics (004710) | $279.10 Billion | 9.39% | 1.12x | $84.94 Million |
| Sunny Elec (004770) | $14.69 Billion | -26.30% | 0.94x | $33.79 Million |
| PJ Electronics Co. Ltd (006140) | $104.92 Billion | 6.76% | 0.22x | $20.94 Million |
| Isupetasys (007660) | $163.27 Billion | 14.70% | 0.84x | $4.21 Billion |
| Korea Circuit Co. Ltd. (007810) | $99.55 Billion | 14.09% | 1.24x | $425.68 Million |
| Samsung Electro-Mechanics (009150) | $9.02 Trillion | 7.53% | 0.42x | $17.64 Billion |