Il Sung Const (013360) - Net Assets
Based on the latest financial reports, Il Sung Const (013360) has net assets worth ₩67.35 Billion KRW (≈ $45.64 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 (₩380.15 Billion ≈ $257.62 Million USD) and total liabilities (₩312.80 Billion ≈ $211.98 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 asset resilience ratio of Il Sung Const to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩67.35 Billion |
| % of Total Assets | 17.72% |
| Annual Growth Rate | -5.97% |
| 5-Year Change | -26.01% |
| 10-Year Change | -27.1% |
| Growth Volatility | 17.23 |
Il Sung Const - Net Assets Trend (2011–2024)
This chart illustrates how Il Sung Const's net assets have evolved over time, based on quarterly financial data. Also explore how large is Il Sung Const's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Il Sung Const (2011–2024)
The table below shows the annual net assets of Il Sung Const from 2011 to 2024. For live valuation and market cap data, see 013360 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩66.81 Billion ≈ $45.28 Million |
-46.57% |
| 2023-12-31 | ₩125.05 Billion ≈ $84.74 Million |
+3.78% |
| 2022-12-31 | ₩120.49 Billion ≈ $81.65 Million |
+10.19% |
| 2021-12-31 | ₩109.34 Billion ≈ $74.10 Million |
+21.08% |
| 2020-12-31 | ₩90.30 Billion ≈ $61.20 Million |
-0.87% |
| 2019-12-31 | ₩91.10 Billion ≈ $61.73 Million |
+1.12% |
| 2018-12-31 | ₩90.09 Billion ≈ $61.05 Million |
+6.99% |
| 2017-12-31 | ₩84.20 Billion ≈ $57.06 Million |
-13.57% |
| 2016-12-31 | ₩97.42 Billion ≈ $66.02 Million |
+6.29% |
| 2015-12-31 | ₩91.65 Billion ≈ $62.11 Million |
+3.17% |
| 2014-12-31 | ₩88.84 Billion ≈ $60.21 Million |
-30.36% |
| 2013-12-31 | ₩127.58 Billion ≈ $86.46 Million |
-3.18% |
| 2012-12-31 | ₩131.77 Billion ≈ $89.30 Million |
-11.45% |
| 2011-12-31 | ₩148.81 Billion ≈ $100.85 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Il Sung Const'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 3338887915000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩99.88 Billion | 150.21% |
| Total Equity | ₩66.49 Billion | 100.00% |
Il Sung Const Competitors by Market Cap
The table below lists competitors of Il Sung Const ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taekyung Chem
KO:006890
|
$69.05 Million |
|
CONCORD ENVIRO SYSTEMS L
NSE:CEWATER
|
$69.08 Million |
|
Woowon Development Co. Ltd
KQ:046940
|
$69.08 Million |
|
Tifa Finance Tbk
JK:TIFA
|
$69.10 Million |
|
5E Advanced Materials Inc
AU:5EA
|
$69.02 Million |
|
Greenwood Sejahtera Tbk
JK:GWSA
|
$69.02 Million |
|
MasterBeef Group Ordinary Shares
NASDAQ:MB
|
$69.02 Million |
|
Sparebank 68 Grader Nord
OL:SB68
|
$68.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Il Sung Const's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 124,731,368,710 to 66,494,176,550, a change of -58,237,192,160 (-46.7%).
- Net loss of 57,538,919,200 reduced equity.
- Other factors decreased equity by 698,272,960.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-57.54 Billion | -86.53% |
| Other Changes | ₩-698.27 Million | -1.05% |
| Total Change | ₩- | -46.69% |
Book Value vs Market Value Analysis
This analysis compares Il Sung Const'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: 1.53x
- 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 1.20x to 1.53x 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 | ₩1578.19 | ₩1886.00 | x |
| 2018-12-31 | ₩1669.08 | ₩1886.00 | x |
| 2019-12-31 | ₩1687.61 | ₩1886.00 | x |
| 2020-12-31 | ₩1672.61 | ₩1886.00 | x |
| 2021-12-31 | ₩2021.39 | ₩1886.00 | x |
| 2022-12-31 | ₩2224.44 | ₩1886.00 | x |
| 2023-12-31 | ₩2308.78 | ₩1886.00 | x |
| 2024-12-31 | ₩1230.81 | ₩1886.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Il Sung Const 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): -86.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.50%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 5.57x
- Recent ROE (-86.53%) is below the historical average (-8.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 2.61% | 1.62% | 0.93x | 1.74x | ₩-10.99 Billion |
| 2013 | -2.32% | -1.14% | 0.91x | 2.23x | ₩-15.72 Billion |
| 2014 | -42.12% | -19.48% | 0.73x | 2.98x | ₩-46.31 Billion |
| 2015 | 4.10% | 1.62% | 0.89x | 2.83x | ₩-5.39 Billion |
| 2016 | 2.14% | 0.73% | 1.03x | 2.85x | ₩-7.66 Billion |
| 2017 | -14.25% | -2.85% | 1.38x | 3.62x | ₩-20.44 Billion |
| 2018 | 2.70% | 0.67% | 1.18x | 3.42x | ₩-6.58 Billion |
| 2019 | 2.04% | 0.49% | 1.07x | 3.85x | ₩-7.26 Billion |
| 2020 | 3.17% | 0.84% | 1.14x | 3.30x | ₩-6.17 Billion |
| 2021 | 5.18% | 1.36% | 1.10x | 3.47x | ₩-5.26 Billion |
| 2022 | 6.01% | 1.56% | 1.12x | 3.44x | ₩-4.79 Billion |
| 2023 | 3.27% | 0.67% | 1.48x | 3.28x | ₩-8.40 Billion |
| 2024 | -86.53% | -11.50% | 1.35x | 5.57x | ₩-64.19 Billion |
Industry Comparison
This section compares Il Sung Const's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,910,643,324,717
- Average return on equity (ROE) among peers: 5.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Il Sung Const (013360) | ₩67.35 Billion | 2.61% | 4.64x | $69.05 Million |
| Hyundai Engineering & Construction (000720) | $9.67 Trillion | -1.74% | 1.79x | $12.21 Billion |
| Hyundai Engineering & Construction Co Ltd (000725) | $8.14 Trillion | 6.03% | 1.44x | $53.11 Million |
| Nam Kwang Cons (001260) | $87.75 Billion | 24.71% | 2.12x | $65.78 Million |
| Sambu Const (001470) | $181.07 Billion | -9.65% | 1.70x | $54.01 Million |
| Dohwa Engin (002150) | $274.36 Billion | 7.56% | 1.21x | $160.66 Million |
| Bumyang Construction Co Ltd (002410) | $43.47 Billion | 20.05% | 0.82x | $36.03 Million |
| Hwa Sung Ind (002460) | $371.00 Billion | 2.07% | 0.65x | $85.37 Million |
| Chin Hung Int' (002780) | $268.27 Billion | 0.81% | 1.03x | $136.68 Million |
| Chinhung International Inc (002785) | $78.80 Billion | 7.68% | 3.65x | $2.03 Million |
| Chinhung International Inc. Pfd. Series 2 (002787) | $-10.01 Billion | 0.00% | 0.00x | $1.70 Million |
About Il Sung Const
Ilsung Construction Co., Ltd. operates as a construction company in South Korea. It undertakes housing, building, plant, and infrastructure works under the True-L brand. The company was founded in 1978 and is headquartered in Yongin-si, South Korea. Ilsung Construction Co., Ltd. operates as a subsidiary of Ib Capital Ltd.