Enex Co.Ltd (011090) - Net Assets
Based on the latest financial reports, Enex Co.Ltd (011090) has net assets worth ₩41.09 Billion KRW (≈ $27.85 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩127.90 Billion ≈ $86.68 Million USD) and total liabilities (₩86.81 Billion ≈ $58.83 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 Enex Co.Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩41.09 Billion |
| % of Total Assets | 32.13% |
| Annual Growth Rate | -2.52% |
| 5-Year Change | -38.13% |
| 10-Year Change | -30.33% |
| Growth Volatility | 20.49 |
Enex Co.Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Enex Co.Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Enex Co.Ltd.
Annual Net Assets for Enex Co.Ltd (2008–2025)
The table below shows the annual net assets of Enex Co.Ltd from 2008 to 2025. Also explore how fast is Enex Co.Ltd growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩41.09 Billion ≈ $27.85 Million |
-3.82% |
| 2024-12-31 | ₩42.72 Billion ≈ $28.95 Million |
+9.62% |
| 2023-12-31 | ₩38.97 Billion ≈ $26.41 Million |
-12.11% |
| 2022-12-31 | ₩44.34 Billion ≈ $30.05 Million |
-33.24% |
| 2021-12-31 | ₩66.41 Billion ≈ $45.01 Million |
+46.75% |
| 2020-12-31 | ₩45.26 Billion ≈ $30.67 Million |
-16.47% |
| 2019-12-31 | ₩54.18 Billion ≈ $36.72 Million |
-8.88% |
| 2018-12-31 | ₩59.46 Billion ≈ $40.29 Million |
-1.33% |
| 2017-12-31 | ₩60.26 Billion ≈ $40.84 Million |
+2.17% |
| 2016-12-31 | ₩58.98 Billion ≈ $39.97 Million |
-2.45% |
| 2015-12-31 | ₩60.46 Billion ≈ $40.97 Million |
+11.83% |
| 2014-12-31 | ₩54.07 Billion ≈ $36.64 Million |
+23.81% |
| 2013-12-31 | ₩43.67 Billion ≈ $29.59 Million |
+28.53% |
| 2012-12-31 | ₩33.98 Billion ≈ $23.02 Million |
-25.06% |
| 2011-12-31 | ₩45.34 Billion ≈ $30.72 Million |
+12.14% |
| 2010-12-31 | ₩40.43 Billion ≈ $27.40 Million |
-28.65% |
| 2009-12-31 | ₩56.66 Billion ≈ $38.40 Million |
-10.69% |
| 2008-12-31 | ₩63.45 Billion ≈ $43.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Enex Co.Ltd'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 3365643177000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩74.65 Billion | 182.10% |
| Total Equity | ₩41.00 Billion | 100.00% |
Enex Co.Ltd Competitors by Market Cap
The table below lists competitors of Enex Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PicoCELA Inc. American Depositary Shares
NASDAQ:PCLA
|
$67.68 Million |
|
Titijaya Land Bhd
KLSE:5239
|
$67.68 Million |
|
Mordechai Aviv Taasiot Beniyah 1973 Ltd
TA:AVIV
|
$67.73 Million |
|
Daxor Corporation
NASDAQ:DXR
|
$67.77 Million |
|
PowerBank Corporation
NASDAQ:SUUN
|
$67.62 Million |
|
Medipower -M
TA:MDPR
|
$67.62 Million |
|
DKME Co., Ltd.
KO:015590
|
$67.61 Million |
|
Rein Therapeutics Inc
NASDAQ:RNTX
|
$67.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enex Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 42,552,457,660 to 40,995,948,000, a change of -1,556,509,660 (-3.7%).
- Net loss of 1,322,258,980 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-1.32 Billion | -3.23% |
| Other Changes | ₩-234.25 Million | -0.57% |
| Total Change | ₩- | -3.66% |
Book Value vs Market Value Analysis
This analysis compares Enex Co.Ltd'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: 2.43x
- 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 1.56x to 2.43x 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 | ₩1079.79 | ₩1683.00 | x |
| 2018-12-31 | ₩1069.02 | ₩1683.00 | x |
| 2019-12-31 | ₩979.65 | ₩1683.00 | x |
| 2020-12-31 | ₩818.35 | ₩1683.00 | x |
| 2021-12-31 | ₩1119.92 | ₩1683.00 | x |
| 2022-12-31 | ₩747.71 | ₩1683.00 | x |
| 2023-12-31 | ₩654.96 | ₩1683.00 | x |
| 2024-12-31 | ₩717.55 | ₩1683.00 | x |
| 2025-12-31 | ₩691.30 | ₩1683.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enex Co.Ltd 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): -3.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.61%
- • Asset Turnover: 1.68x
- • Equity Multiplier: 3.12x
- Recent ROE (-3.23%) is above the historical average (-3.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.87% | 0.26% | 1.86x | 1.82x | ₩-5.60 Billion |
| 2011 | 10.09% | 2.35% | 1.58x | 2.72x | ₩41.41 Million |
| 2013 | 7.31% | 1.33% | 2.17x | 2.53x | ₩-1.15 Billion |
| 2014 | 10.04% | 2.04% | 2.09x | 2.36x | ₩21.06 Million |
| 2015 | 14.23% | 2.76% | 2.44x | 2.11x | ₩2.53 Billion |
| 2016 | 3.21% | 0.48% | 2.58x | 2.62x | ₩-3.96 Billion |
| 2017 | 3.62% | 0.50% | 2.53x | 2.87x | ₩-3.81 Billion |
| 2018 | 2.29% | 0.30% | 2.87x | 2.63x | ₩-4.56 Billion |
| 2019 | -6.71% | -1.00% | 2.75x | 2.44x | ₩-9.05 Billion |
| 2020 | -19.65% | -3.81% | 2.07x | 2.50x | ₩-13.42 Billion |
| 2021 | 15.09% | 4.97% | 1.52x | 2.00x | ₩3.38 Billion |
| 2022 | -52.93% | -11.40% | 1.61x | 2.89x | ₩-27.91 Billion |
| 2023 | -50.64% | -8.53% | 1.60x | 3.71x | ₩-23.55 Billion |
| 2024 | 9.09% | 1.46% | 1.85x | 3.35x | ₩-388.62 Million |
| 2025 | -3.23% | -0.61% | 1.68x | 3.12x | ₩-5.42 Billion |
Industry Comparison
This section compares Enex Co.Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $586,515,680,691
- Average return on equity (ROE) among peers: 9.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enex Co.Ltd (011090) | ₩41.09 Billion | 0.87% | 2.11x | $67.64 Million |
| Shinil Electronics Co (002700) | $82.24 Billion | 1.28% | 0.53x | $44.13 Million |
| Ace Bed Company Limited (003800) | $506.94 Billion | 9.73% | 0.14x | $233.59 Million |
| Hankook Furniture Co. Ltd (004590) | $67.32 Billion | 4.08% | 0.23x | $54.28 Million |
| Hanssem (009240) | $507.62 Billion | 18.90% | 0.92x | $439.30 Million |
| Zinus Inc (013890) | $478.23 Billion | 10.80% | 1.13x | $111.74 Million |
| Fursys (016800) | $271.17 Billion | 12.40% | 0.23x | $160.71 Million |
| COWAY Co. Ltd (021240) | $3.20 Trillion | 17.70% | 0.80x | $5.11 Billion |
| PN Poong Nyun Co. Ltd (024940) | $44.71 Billion | 4.71% | 0.21x | $13.60 Million |
| Hansol Homedec (025750) | $124.30 Billion | 4.52% | 1.26x | $20.76 Million |
About Enex Co.Ltd
Enex Co., Ltd. manufactures and sells kitchen furniture in Korea and internationally. The company offers built-in closet, including casements, sliding built-in cabinets, built-in cabinates options, wardrobes, single cabinet, front doors, and dress rooms; bedroom furniture, such as queen/king bed, single bed, mattresses, chiffoniers, and dressing tables; and living room furniture comprising sofa, … Read more