Motonic
Motonic Corporation manufactures and sells automotive components worldwide. The company offers high pressure regulators, receptacle, and manifolds; LPDI high-pressure fuel pumps, and low-pressure fuel pumps and drivers; LPI systems comprising pump modules, injection modules, regulators, and drivers; oil pump control units and fuel pump controllers; and variable valve lifts. It also provides elect… Read more
Motonic (009680) - Net Assets
Latest net assets as of September 2025: ₩475.34 Billion KRW
Based on the latest financial reports, Motonic (009680) has net assets worth ₩475.34 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 (₩521.74 Billion) and total liabilities (₩46.40 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 | ₩475.34 Billion |
| % of Total Assets | 91.11% |
| Annual Growth Rate | 8.33% |
| 5-Year Change | 12.91% |
| 10-Year Change | 23.33% |
| Growth Volatility | 13.07 |
Motonic - Net Assets Trend (2000–2024)
This chart illustrates how Motonic's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Motonic (2000–2024)
The table below shows the annual net assets of Motonic from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩468.17 Billion | +4.71% |
| 2023-12-31 | ₩447.12 Billion | +3.82% |
| 2022-12-31 | ₩430.66 Billion | +2.83% |
| 2021-12-31 | ₩418.82 Billion | +1.01% |
| 2020-12-31 | ₩414.63 Billion | +1.64% |
| 2019-12-31 | ₩407.95 Billion | +3.24% |
| 2018-12-31 | ₩395.16 Billion | -0.14% |
| 2017-12-31 | ₩395.71 Billion | +1.02% |
| 2016-12-31 | ₩391.70 Billion | +3.19% |
| 2015-12-31 | ₩379.61 Billion | +1.14% |
| 2014-12-31 | ₩375.34 Billion | -3.74% |
| 2013-12-31 | ₩389.94 Billion | +4.10% |
| 2012-12-31 | ₩374.59 Billion | +5.89% |
| 2011-12-31 | ₩353.76 Billion | +8.94% |
| 2010-12-31 | ₩324.73 Billion | +17.01% |
| 2009-12-31 | ₩277.54 Billion | +21.49% |
| 2008-12-31 | ₩228.44 Billion | +10.97% |
| 2007-12-31 | ₩205.86 Billion | +11.81% |
| 2006-12-31 | ₩184.12 Billion | +60.23% |
| 2005-12-31 | ₩114.91 Billion | +27.55% |
| 2004-12-31 | ₩90.09 Billion | +11.36% |
| 2003-12-31 | ₩80.90 Billion | +14.31% |
| 2002-12-31 | ₩70.78 Billion | +8.40% |
| 2001-12-31 | ₩65.29 Billion | -4.86% |
| 2000-12-31 | ₩68.62 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Motonic'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 35601967.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩439.33 Billion | 93.84% |
| Other Components | ₩28.84 Billion | 6.16% |
| Total Equity | ₩468.17 Billion | 100.00% |
Motonic Competitors by Market Cap
The table below lists competitors of Motonic ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Westag & Getalit AG
F:WUG3
|
$66.37 Million |
|
Jasuindo Tiga Perkasa Tbk
JK:JTPE
|
$66.37 Million |
|
Diaceutics PLC
PINK:DIUXF
|
$66.37 Million |
|
Yi Jinn Industrial Co Ltd
TW:1457
|
$66.39 Million |
|
Asuransi Jiwa Sinarmas Msig PT
JK:LIFE
|
$66.31 Million |
|
Amax Hldg Co Ltd
TW:6933
|
$66.30 Million |
|
Union Insurance Co Ltd
TW:2816
|
$66.28 Million |
|
Lynch Group Holdings Ltd
AU:LGL
|
$66.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Motonic's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 447,117,300,110 to 468,171,602,830, a change of 21,054,302,720 (4.7%).
- Net income of 32,361,865,320 contributed positively to equity growth.
- Dividend payments of 9,732,430,800 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩32.36 Billion | +6.91% |
| Dividends Paid | ₩9.73 Billion | -2.08% |
| Other Changes | ₩-1.58 Billion | -0.34% |
| Total Change | ₩- | 4.71% |
Book Value vs Market Value Analysis
This analysis compares Motonic'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: 0.51x
- 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 0.62x to 0.51x 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 | ₩17813.96 | ₩11020.00 | x |
| 2018-12-31 | ₩17893.49 | ₩11020.00 | x |
| 2019-12-31 | ₩18539.47 | ₩11020.00 | x |
| 2020-12-31 | ₩18977.63 | ₩11020.00 | x |
| 2021-12-31 | ₩19169.17 | ₩11020.00 | x |
| 2022-12-31 | ₩19912.38 | ₩11020.00 | x |
| 2023-12-31 | ₩20673.44 | ₩11020.00 | x |
| 2024-12-31 | ₩21646.93 | ₩11020.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Motonic 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): 6.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.14%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.07x
- Recent ROE (6.91%) is below the historical average (8.85%), 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 | 11.65% | 3.39% | 1.78x | 1.93x | ₩1.02 Billion |
| 2001 | 12.37% | 3.93% | 1.59x | 1.99x | ₩1.38 Billion |
| 2002 | 15.47% | 4.50% | 1.53x | 2.24x | ₩3.45 Billion |
| 2003 | 13.27% | 4.24% | 1.33x | 2.35x | ₩2.37 Billion |
| 2004 | 11.60% | 4.22% | 1.08x | 2.55x | ₩1.30 Billion |
| 2005 | 16.23% | 6.62% | 1.08x | 2.28x | ₩6.36 Billion |
| 2006 | 20.63% | 11.46% | 1.22x | 1.47x | ₩17.93 Billion |
| 2007 | 13.01% | 8.05% | 1.08x | 1.50x | ₩5.71 Billion |
| 2008 | 11.74% | 8.23% | 0.96x | 1.48x | ₩3.70 Billion |
| 2009 | 16.19% | 14.86% | 0.80x | 1.37x | ₩15.97 Billion |
| 2010 | 13.26% | 13.66% | 0.75x | 1.29x | ₩9.86 Billion |
| 2011 | 7.71% | 9.85% | 0.61x | 1.28x | ₩-7.56 Billion |
| 2012 | 7.47% | 10.86% | 0.53x | 1.29x | ₩-8.85 Billion |
| 2013 | 5.27% | 8.81% | 0.48x | 1.25x | ₩-17.21 Billion |
| 2014 | 4.51% | 7.79% | 0.51x | 1.14x | ₩-20.61 Billion |
| 2015 | 2.43% | 4.54% | 0.47x | 1.13x | ₩-28.74 Billion |
| 2016 | 5.55% | 11.14% | 0.45x | 1.11x | ₩-17.42 Billion |
| 2017 | 3.21% | 6.00% | 0.49x | 1.09x | ₩-26.87 Billion |
| 2018 | 2.48% | 5.01% | 0.45x | 1.10x | ₩-29.73 Billion |
| 2019 | 2.78% | 5.47% | 0.47x | 1.08x | ₩-29.44 Billion |
| 2020 | 3.58% | 8.32% | 0.40x | 1.07x | ₩-26.60 Billion |
| 2021 | 2.86% | 6.10% | 0.44x | 1.07x | ₩-29.91 Billion |
| 2022 | 4.99% | 9.60% | 0.48x | 1.08x | ₩-21.57 Billion |
| 2023 | 6.15% | 11.25% | 0.51x | 1.07x | ₩-17.24 Billion |
| 2024 | 6.91% | 11.14% | 0.58x | 1.07x | ₩-14.46 Billion |
Industry Comparison
This section compares Motonic's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $352,644,129,055
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Motonic (009680) | ₩475.34 Billion | 11.65% | 0.10x | $66.34 Million |
| Daewonkangup (000430) | $587.30 Billion | 2.73% | 0.78x | $58.61 Million |
| SG Choongbang Co Ltd (001380) | $122.98 Billion | -4.51% | 0.52x | $17.60 Million |
| Tae Won Mulsan (001420) | $31.33 Billion | 0.26% | 0.19x | $5.77 Million |
| Dongkook Ind (001620) | $68.65 Billion | 0.00% | 0.75x | $25.09 Million |
| PS Tec. Co. Ltd (002230) | $75.04 Billion | 10.41% | 0.34x | $43.72 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $173.78 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $102.95 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $13.11 Million |
| Yoo Sung Ent (002920) | $295.14 Billion | -1.60% | 0.39x | $17.59 Million |
| Chin Yang Ind (003780) | $57.01 Billion | 14.90% | 0.58x | $24.34 Million |