Korea Flange (010100) - Net Assets
Based on the latest financial reports, Korea Flange (010100) has net assets worth ₩427.54 Billion KRW (≈ $289.73 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 (₩1.04 Trillion ≈ $703.87 Million USD) and total liabilities (₩611.10 Billion ≈ $414.14 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 Korea Flange liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩427.54 Billion |
| % of Total Assets | 41.16% |
| Annual Growth Rate | 4.99% |
| 5-Year Change | 73.9% |
| 10-Year Change | 49.61% |
| Growth Volatility | 10.59 |
Korea Flange - Net Assets Trend (2000–2024)
This chart illustrates how Korea Flange's net assets have evolved over time, based on quarterly financial data. Also explore 010100 asset base for the complete picture of this company's asset base.
Annual Net Assets for Korea Flange (2000–2024)
The table below shows the annual net assets of Korea Flange from 2000 to 2024. For live valuation and market cap data, see 010100 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩412.08 Billion ≈ $279.26 Million |
+20.78% |
| 2023-12-31 | ₩341.18 Billion ≈ $231.21 Million |
+13.26% |
| 2022-12-31 | ₩301.25 Billion ≈ $204.15 Million |
+14.72% |
| 2021-12-31 | ₩262.60 Billion ≈ $177.96 Million |
+10.82% |
| 2020-12-31 | ₩236.96 Billion ≈ $160.58 Million |
+3.87% |
| 2019-12-31 | ₩228.13 Billion ≈ $154.60 Million |
+3.52% |
| 2018-12-31 | ₩220.38 Billion ≈ $149.35 Million |
-1.08% |
| 2017-12-31 | ₩222.77 Billion ≈ $150.97 Million |
-22.85% |
| 2016-12-31 | ₩288.75 Billion ≈ $195.68 Million |
+4.83% |
| 2015-12-31 | ₩275.43 Billion ≈ $186.66 Million |
+4.78% |
| 2014-12-31 | ₩262.86 Billion ≈ $178.14 Million |
-0.92% |
| 2013-12-31 | ₩265.32 Billion ≈ $179.80 Million |
+3.70% |
| 2012-12-31 | ₩255.86 Billion ≈ $173.39 Million |
+2.59% |
| 2011-12-31 | ₩249.40 Billion ≈ $169.01 Million |
+1.18% |
| 2010-12-31 | ₩246.48 Billion ≈ $167.04 Million |
+5.45% |
| 2009-12-31 | ₩233.74 Billion ≈ $158.40 Million |
+4.57% |
| 2008-12-31 | ₩223.52 Billion ≈ $151.48 Million |
+5.54% |
| 2007-12-31 | ₩211.78 Billion ≈ $143.52 Million |
+8.88% |
| 2006-12-31 | ₩194.51 Billion ≈ $131.81 Million |
+0.69% |
| 2005-12-31 | ₩193.18 Billion ≈ $130.91 Million |
-2.41% |
| 2004-12-31 | ₩197.94 Billion ≈ $134.14 Million |
+21.36% |
| 2003-12-31 | ₩163.10 Billion ≈ $110.53 Million |
+32.30% |
| 2002-12-31 | ₩123.28 Billion ≈ $83.55 Million |
+8.39% |
| 2001-12-31 | ₩113.74 Billion ≈ $77.08 Million |
-11.28% |
| 2000-12-31 | ₩128.21 Billion ≈ $86.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Korea Flange'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 30789446336000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩307.89 Billion | 79.86% |
| Other Components | ₩77.63 Billion | 20.14% |
| Total Equity | ₩385.53 Billion | 100.00% |
Korea Flange Competitors by Market Cap
The table below lists competitors of Korea Flange ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fullerton Technology Co Ltd
TW:6136
|
$92.46 Million |
|
Ekopak BV
BR:EKOP
|
$92.49 Million |
|
The Platinum Group Public Company Limited
BK:PLAT
|
$92.51 Million |
|
NoiBai Cargo Terminal Services JSC
VN:NCT
|
$92.55 Million |
|
Insumos Agroquimicos SA
BA:INAG
|
$92.44 Million |
|
Munsin Garment
TWO:2916
|
$92.44 Million |
|
Intech Biopharm Ltd
TWO:6461
|
$92.41 Million |
|
Y-Entec Co. Ltd
KQ:067900
|
$92.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korea Flange's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 326,115,394,020 to 385,527,936,110, a change of 59,412,542,090 (18.2%).
- Net income of 44,720,003,860 contributed positively to equity growth.
- Dividend payments of 3,045,042,000 reduced retained earnings.
- New share issuances of 6,680,500,000 increased equity.
- Other factors increased equity by 11,057,080,230.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩44.72 Billion | +11.6% |
| Dividends Paid | ₩3.05 Billion | -0.79% |
| Share Issuances | ₩6.68 Billion | +1.73% |
| Other Changes | ₩11.06 Billion | +2.87% |
| Total Change | ₩- | 18.22% |
Book Value vs Market Value Analysis
This analysis compares Korea Flange'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: 0.35x
- 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 0.66x to 0.35x 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 | ₩6832.08 | ₩4480.00 | x |
| 2018-12-31 | ₩6832.78 | ₩4480.00 | x |
| 2019-12-31 | ₩7092.34 | ₩4480.00 | x |
| 2020-12-31 | ₩7394.83 | ₩4480.00 | x |
| 2021-12-31 | ₩8411.84 | ₩4480.00 | x |
| 2022-12-31 | ₩9592.26 | ₩4480.00 | x |
| 2023-12-31 | ₩10709.72 | ₩4480.00 | x |
| 2024-12-31 | ₩12660.84 | ₩4480.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korea Flange 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): 11.60%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.85%
- • Asset Turnover: 1.55x
- • Equity Multiplier: 2.63x
- Recent ROE (11.60%) is above the historical average (5.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 6.65% | 0.59% | 0.88x | 12.75x | ₩-3.72 Billion |
| 2001 | 4.24% | 0.76% | 1.25x | 4.46x | ₩-6.52 Billion |
| 2002 | 9.36% | 1.68% | 1.30x | 4.28x | ₩-773.29 Million |
| 2003 | 11.31% | 2.43% | 1.30x | 3.57x | ₩1.88 Billion |
| 2004 | 9.69% | 1.89% | 1.39x | 3.70x | ₩-488.07 Million |
| 2005 | 3.66% | 1.06% | 1.38x | 2.52x | ₩-10.17 Billion |
| 2006 | 3.00% | 0.80% | 1.48x | 2.53x | ₩-11.26 Billion |
| 2007 | 3.33% | 0.79% | 1.63x | 2.59x | ₩-11.61 Billion |
| 2008 | 0.59% | 0.16% | 1.34x | 2.66x | ₩-17.18 Billion |
| 2009 | 0.91% | 0.25% | 0.90x | 4.03x | ₩-16.59 Billion |
| 2010 | 10.76% | 2.52% | 1.55x | 2.74x | ₩1.53 Billion |
| 2011 | 3.41% | 0.71% | 1.62x | 2.98x | ₩-13.27 Billion |
| 2012 | 4.60% | 0.99% | 1.55x | 3.00x | ₩-11.06 Billion |
| 2013 | 3.27% | 0.71% | 1.58x | 2.88x | ₩-14.29 Billion |
| 2014 | 0.03% | 0.01% | 1.48x | 3.16x | ₩-20.72 Billion |
| 2015 | 5.53% | 1.07% | 1.58x | 3.29x | ₩-9.75 Billion |
| 2016 | 5.58% | 1.12% | 1.58x | 3.16x | ₩-10.24 Billion |
| 2017 | -10.37% | -2.19% | 1.56x | 3.04x | ₩-42.37 Billion |
| 2018 | 0.72% | 0.19% | 1.24x | 3.08x | ₩-19.30 Billion |
| 2019 | 5.26% | 1.19% | 1.46x | 3.02x | ₩-10.24 Billion |
| 2020 | 5.13% | 1.31% | 1.32x | 2.97x | ₩-10.97 Billion |
| 2021 | 7.27% | 1.85% | 1.44x | 2.73x | ₩-6.99 Billion |
| 2022 | 11.41% | 2.43% | 1.72x | 2.74x | ₩4.13 Billion |
| 2023 | 14.47% | 3.12% | 1.73x | 2.68x | ₩14.56 Billion |
| 2024 | 11.60% | 2.85% | 1.55x | 2.63x | ₩6.17 Billion |
Industry Comparison
This section compares Korea Flange's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $565,000,713,308
- Average return on equity (ROE) among peers: 2.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Korea Flange (010100) | ₩427.54 Billion | 6.65% | 1.43x | $92.45 Million |
| Hankook Tire Worldwide (000240) | $1.77 Trillion | -1.14% | 2.04x | $1.60 Billion |
| Daewonkangup (000430) | $111.59 Billion | 3.26% | 1.76x | $183.40 Million |
| SG Choongbang Co Ltd (001380) | $26.46 Billion | 0.00% | 8.99x | $33.46 Million |
| Tae Won Mulsan (001420) | $32.20 Billion | 1.67% | 0.19x | $15.16 Million |
| Dongkook Ind (001620) | $170.07 Billion | -12.97% | 2.34x | $48.42 Million |
| PS Tec. Co. Ltd (002230) | $42.65 Billion | 9.95% | 0.26x | $112.51 Million |
| Nexen Tire (002350) | $1.60 Trillion | 0.30% | 1.39x | $484.20 Million |
| Nexen Tire Prf 1 (002355) | $1.56 Trillion | 7.59% | 1.21x | $19.07 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $31.63 Million |
| Yoo Sung Ent (002920) | $289.11 Billion | 3.03% | 0.31x | $33.27 Million |
About Korea Flange
Korea Movenex Co., Ltd., together with its subsidiaries, manufactures and sells automobile parts, flanges, and industrial machinery worldwide. It offers automobile drive parts, such as half shafts and front axle assemblies for passenger cars; and front axle and brake assemblies for buses and trucks. The company also provides front/rear axle and brake complete ass'y, rear axles, inner shafts, cran… Read more