Keyang Electric Machinery Co Ltd (012205) - Net Assets
Based on the latest financial reports, Keyang Electric Machinery Co Ltd (012205) has net assets worth ₩49.61 Billion KRW (≈ $33.62 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 (₩241.46 Billion ≈ $163.63 Million USD) and total liabilities (₩191.85 Billion ≈ $130.01 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 012205 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩49.61 Billion |
| % of Total Assets | 20.55% |
| Annual Growth Rate | -9.63% |
| 5-Year Change | -71.17% |
| 10-Year Change | -65.4% |
| Growth Volatility | 18.88 |
Keyang Electric Machinery Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Keyang Electric Machinery Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Keyang Electric Machinery Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Keyang Electric Machinery Co Ltd (2014–2024)
The table below shows the annual net assets of Keyang Electric Machinery Co Ltd from 2014 to 2024. For live valuation and market cap data, see Keyang Electric Machinery Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩55.51 Billion ≈ $37.62 Million |
-53.89% |
| 2023-12-31 | ₩120.39 Billion ≈ $81.59 Million |
-5.89% |
| 2022-12-31 | ₩127.92 Billion ≈ $86.69 Million |
-30.18% |
| 2021-12-31 | ₩183.23 Billion ≈ $124.17 Million |
-4.86% |
| 2020-12-31 | ₩192.58 Billion ≈ $130.51 Million |
+4.40% |
| 2019-12-31 | ₩184.46 Billion ≈ $125.00 Million |
-1.57% |
| 2018-12-31 | ₩187.41 Billion ≈ $127.00 Million |
+2.76% |
| 2017-12-31 | ₩182.37 Billion ≈ $123.59 Million |
+1.81% |
| 2016-12-31 | ₩179.13 Billion ≈ $121.40 Million |
+11.65% |
| 2015-12-31 | ₩160.45 Billion ≈ $108.73 Million |
+4.92% |
| 2014-12-31 | ₩152.92 Billion ≈ $103.63 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Keyang Electric Machinery 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 69.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩28.73 Billion | 51.75% |
| Other Components | ₩26.79 Billion | 48.25% |
| Total Equity | ₩55.51 Billion | 100.00% |
Keyang Electric Machinery Co Ltd Competitors by Market Cap
The table below lists competitors of Keyang Electric Machinery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FG Financial Group
NASDAQ:FGF
|
$6.32 Million |
|
Heart Test Laboratories Inc. Common Stock
NASDAQ:HSCS
|
$6.32 Million |
|
Siamraj Public Company Limited
BK:SR
|
$6.33 Million |
|
Danasupra Erapacific Tbk
JK:DEFI
|
$6.34 Million |
|
Oi S.A
SA:OIBR3
|
$6.32 Million |
|
Adya Inc
V:ADYA
|
$6.32 Million |
|
Advanced Medical Solutions Group plc
LSE:AMS
|
$6.32 Million |
|
Armada Berjaya Trans Tbk PT
JK:JAYA
|
$6.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Keyang Electric Machinery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 120,389,108,920 to 55,514,885,600, a change of -64,874,223,320 (-53.9%).
- Net loss of 61,223,109,310 reduced equity.
- Dividend payments of 713,088,990 reduced retained earnings.
- Other factors decreased equity by 2,938,025,020.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-61.22 Billion | -110.28% |
| Dividends Paid | ₩713.09 Million | -1.28% |
| Other Changes | ₩-2.94 Billion | -5.29% |
| Total Change | ₩- | -53.89% |
Book Value vs Market Value Analysis
This analysis compares Keyang Electric Machinery 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: 4.13x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.51x to 4.13x 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 | ₩5594.20 | ₩8430.00 | x |
| 2018-12-31 | ₩5748.65 | ₩8430.00 | x |
| 2019-12-31 | ₩5658.17 | ₩8430.00 | x |
| 2020-12-31 | ₩5907.36 | ₩8430.00 | x |
| 2021-12-31 | ₩5620.48 | ₩8430.00 | x |
| 2022-12-31 | ₩4699.05 | ₩8430.00 | x |
| 2023-12-31 | ₩4426.78 | ₩8430.00 | x |
| 2024-12-31 | ₩2041.31 | ₩8430.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Keyang Electric Machinery 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): -110.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.59%
- • Asset Turnover: 1.92x
- • Equity Multiplier: 3.47x
- Recent ROE (-110.28%) is below the historical average (-8.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 4.27% | 2.27% | 1.40x | 1.34x | ₩-8.72 Billion |
| 2015 | 6.00% | 3.26% | 1.39x | 1.32x | ₩-6.39 Billion |
| 2016 | 9.64% | 5.00% | 1.39x | 1.38x | ₩-641.85 Million |
| 2017 | 4.76% | 2.55% | 1.34x | 1.39x | ₩-9.56 Billion |
| 2018 | 5.09% | 2.61% | 1.34x | 1.45x | ₩-9.20 Billion |
| 2019 | 0.07% | 0.03% | 1.34x | 1.52x | ₩-18.32 Billion |
| 2020 | 5.19% | 2.63% | 1.30x | 1.52x | ₩-9.27 Billion |
| 2021 | -3.39% | -1.58% | 1.38x | 1.56x | ₩-24.53 Billion |
| 2022 | -19.18% | -6.72% | 1.23x | 2.33x | ₩-37.33 Billion |
| 2023 | -1.05% | -0.33% | 1.64x | 1.93x | ₩-13.30 Billion |
| 2024 | -110.28% | -16.59% | 1.92x | 3.47x | ₩-66.77 Billion |
Industry Comparison
This section compares Keyang Electric Machinery Co Ltd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $163,627,848,378
- Average return on equity (ROE) among peers: -6.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Keyang Electric Machinery Co Ltd (012205) | ₩49.61 Billion | 4.27% | 3.87x | $6.32 Million |
| Cs Holdings (000590) | $295.56 Billion | 2.58% | 0.10x | $56.10 Million |
| Cheil Grinding (001560) | $69.96 Billion | 10.64% | 0.32x | $54.34 Million |
| Keyang Elec Ma (012200) | $55.51 Billion | -110.28% | 2.47x | $129.14 Million |
| YG-1 Co. Ltd (019210) | $68.01 Billion | 8.87% | 1.07x | $359.49 Million |
| Korea Parts & Fasteners Co.Ltd (024880) | $126.69 Billion | 8.71% | 2.00x | $77.11 Million |
| Union Materials Corp (047400) | $94.91 Billion | 5.38% | 0.54x | $50.61 Million |
| Iljin Diamond (081000) | $539.38 Billion | 1.27% | 0.13x | $141.54 Million |
| Seoam Machinery Industry Co.Ltd (100660) | $65.52 Billion | 0.60% | 0.13x | $38.81 Million |
| Chosun Welding (120030) | $157.11 Billion | 10.36% | 0.07x | $64.31 Million |
About Keyang Electric Machinery Co Ltd
Keyang Electric Machinery Co., Ltd. manufactures and sells electric power tools in Korea and internationally. Its electric power tools include cordless tools, grinders, hammers, drills, and cutting tools, as well as other tools, such as planers, routers, trimmers, sanders, polishers, reciprocating saws, impact wrenches, blowers, drywall screwdrivers, and heat guns. The company also provides indus… Read more