Yeong Hwa Meta
Yeong Hwa Metal Co., Ltd. engages in the manufacture and sale of automotive casting products in South Korea. It offers cylinder blocks and fly wheels; brake discs and drums; oil-pump housing and pressure plates; and turbine and bearing housings. The company was founded in 1977 and is based in Changwon-si, South Korea.
Yeong Hwa Meta (012280) - Net Assets
Latest net assets as of September 2025: ₩79.97 Billion KRW
Based on the latest financial reports, Yeong Hwa Meta (012280) has net assets worth ₩79.97 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 (₩237.08 Billion) and total liabilities (₩157.12 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 | ₩79.97 Billion |
| % of Total Assets | 33.73% |
| Annual Growth Rate | 8.74% |
| 5-Year Change | -0.98% |
| 10-Year Change | 49.31% |
| Growth Volatility | 22.15 |
Yeong Hwa Meta - Net Assets Trend (2005–2024)
This chart illustrates how Yeong Hwa Meta's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Yeong Hwa Meta (2005–2024)
The table below shows the annual net assets of Yeong Hwa Meta from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩72.97 Billion | +8.05% |
| 2023-12-31 | ₩67.53 Billion | +7.70% |
| 2022-12-31 | ₩62.70 Billion | +3.03% |
| 2021-12-31 | ₩60.86 Billion | -17.41% |
| 2020-12-31 | ₩73.69 Billion | +4.20% |
| 2019-12-31 | ₩70.72 Billion | +1.65% |
| 2018-12-31 | ₩69.57 Billion | -0.88% |
| 2017-12-31 | ₩70.19 Billion | +3.75% |
| 2016-12-31 | ₩67.65 Billion | +38.43% |
| 2013-12-31 | ₩48.87 Billion | +9.69% |
| 2012-12-31 | ₩44.55 Billion | +21.56% |
| 2011-12-31 | ₩36.65 Billion | +9.11% |
| 2010-12-31 | ₩33.59 Billion | +13.84% |
| 2009-12-31 | ₩29.51 Billion | -7.64% |
| 2008-12-31 | ₩31.95 Billion | +87.17% |
| 2007-12-31 | ₩17.07 Billion | +1.12% |
| 2006-12-31 | ₩16.88 Billion | +13.66% |
| 2005-12-31 | ₩14.85 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yeong Hwa Meta'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 3332419439000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩33.32 Billion | 45.67% |
| Other Components | ₩39.64 Billion | 54.33% |
| Total Equity | ₩72.97 Billion | 100.00% |
Yeong Hwa Meta Competitors by Market Cap
The table below lists competitors of Yeong Hwa Meta ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PP Presisi Tbk PT
JK:PPRE
|
$24.15 Million |
|
Euro Manganese Inc
OTCQB:EUMNF
|
$24.15 Million |
|
Future Fuels Inc.
V:FTUR
|
$24.15 Million |
|
CHINA NEW CITY COMM.
F:C7B
|
$24.17 Million |
|
Winix Inc
KQ:044340
|
$24.13 Million |
|
Chonbang
KO:000950
|
$24.13 Million |
|
Usio Inc
NASDAQ:USIO
|
$24.12 Million |
|
Positron Corp
PINK:POSC
|
$24.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yeong Hwa Meta's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 67,527,956,670 to 72,967,223,890, a change of 5,439,267,220 (8.1%).
- Net income of 8,654,294,930 contributed positively to equity growth.
- Dividend payments of 1,033,290,100 reduced retained earnings.
- Share repurchases of 1,626,414,960 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩8.65 Billion | +11.86% |
| Dividends Paid | ₩1.03 Billion | -1.42% |
| Share Repurchases | ₩1.63 Billion | -2.23% |
| Other Changes | ₩-555.32 Million | -0.76% |
| Total Change | ₩- | 8.05% |
Book Value vs Market Value Analysis
This analysis compares Yeong Hwa Meta'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: 0.71x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩1608.68 | ₩1034.00 | x |
| 2018-12-31 | ₩1619.57 | ₩1034.00 | x |
| 2019-12-31 | ₩1646.33 | ₩1034.00 | x |
| 2020-12-31 | ₩1466.60 | ₩1034.00 | x |
| 2021-12-31 | ₩1155.96 | ₩1034.00 | x |
| 2022-12-31 | ₩1191.03 | ₩1034.00 | x |
| 2023-12-31 | ₩1307.05 | ₩1034.00 | x |
| 2024-12-31 | ₩1461.40 | ₩1034.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yeong Hwa Meta 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): 11.86%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.87%
- • Asset Turnover: 1.39x
- • Equity Multiplier: 2.97x
- Recent ROE (11.86%) is above the historical average (4.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 9.87% | 1.70% | 1.13x | 5.13x | ₩-18.96 Million |
| 2006 | 12.73% | 1.92% | 1.46x | 4.55x | ₩442.66 Million |
| 2007 | 11.61% | 1.62% | 1.64x | 4.37x | ₩270.48 Million |
| 2008 | 2.21% | 0.47% | 1.53x | 3.05x | ₩-2.47 Billion |
| 2010 | 8.86% | 1.92% | 1.36x | 3.39x | ₩-380.34 Million |
| 2011 | 12.54% | 2.54% | 1.58x | 3.12x | ₩921.90 Million |
| 2012 | 11.84% | 3.06% | 1.63x | 2.37x | ₩817.55 Million |
| 2013 | 10.39% | 3.07% | 1.68x | 2.01x | ₩189.93 Million |
| 2016 | 13.66% | 5.91% | 1.13x | 2.04x | ₩2.48 Billion |
| 2017 | 6.64% | 2.58% | 1.00x | 2.56x | ₩-2.36 Billion |
| 2018 | 1.48% | 0.45% | 1.09x | 3.00x | ₩-5.93 Billion |
| 2019 | 0.37% | 0.11% | 1.15x | 2.85x | ₩-6.81 Billion |
| 2020 | -12.28% | -5.04% | 0.91x | 2.68x | ₩-16.42 Billion |
| 2021 | -30.43% | -7.86% | 1.11x | 3.48x | ₩-24.61 Billion |
| 2022 | 0.75% | 0.16% | 1.29x | 3.52x | ₩-5.80 Billion |
| 2023 | 11.16% | 2.58% | 1.39x | 3.11x | ₩783.18 Million |
| 2024 | 11.86% | 2.87% | 1.39x | 2.97x | ₩1.36 Billion |
Industry Comparison
This section compares Yeong Hwa Meta'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 |
|---|---|---|---|---|
| Yeong Hwa Meta (012280) | ₩79.97 Billion | 9.87% | 1.96x | $24.13 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 |