Gmb Korea
GMB Korea Corp. manufactures and sells automotive parts in South Korea and internationally. The company offers engine parts, including water pumps, viscous fan clutches, tensioner bearing assemblies, idler bearing assemblies, sockets, and oil pumps; and auto transmission parts, such as spool-valves, manual control shafts, hydraulic pressure pistons, pinion shafts/differential pins, and retainer-U… Read more
Gmb Korea (013870) - Net Assets
Latest net assets as of September 2025: ₩288.44 Billion KRW
Based on the latest financial reports, Gmb Korea (013870) has net assets worth ₩288.44 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 (₩689.67 Billion) and total liabilities (₩401.22 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 | ₩288.44 Billion |
| % of Total Assets | 41.82% |
| Annual Growth Rate | 4.28% |
| 5-Year Change | 25.16% |
| 10-Year Change | 33.23% |
| Growth Volatility | 4.52 |
Gmb Korea - Net Assets Trend (2012–2024)
This chart illustrates how Gmb Korea's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gmb Korea (2012–2024)
The table below shows the annual net assets of Gmb Korea from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩285.51 Billion | +5.91% |
| 2023-12-31 | ₩269.57 Billion | +0.65% |
| 2022-12-31 | ₩267.83 Billion | +7.69% |
| 2021-12-31 | ₩248.70 Billion | +9.03% |
| 2020-12-31 | ₩228.11 Billion | -2.39% |
| 2019-12-31 | ₩233.68 Billion | +1.11% |
| 2018-12-31 | ₩231.11 Billion | -3.04% |
| 2017-12-31 | ₩238.35 Billion | +4.10% |
| 2016-12-31 | ₩228.96 Billion | +6.84% |
| 2015-12-31 | ₩214.31 Billion | +2.78% |
| 2014-12-31 | ₩208.51 Billion | +7.22% |
| 2013-12-31 | ₩194.47 Billion | +12.66% |
| 2012-12-31 | ₩172.62 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gmb Korea'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 24300092017000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩243.00 Billion | 88.76% |
| Other Components | ₩30.76 Billion | 11.24% |
| Total Equity | ₩273.76 Billion | 100.00% |
Gmb Korea Competitors by Market Cap
The table below lists competitors of Gmb Korea ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kartoon Studios, Inc.
NYSE MKT:TOON
|
$27.93 Million |
|
Supreme Cable Manufacturing Corp
JK:SCCO
|
$27.93 Million |
|
Swiss Properties Invest A/S
CO:SWISS
|
$27.93 Million |
|
Roto Pumps Limited
NSE:ROTO
|
$27.93 Million |
|
Aurora Eiendom A.S.
OL:AURA
|
$27.90 Million |
|
Altech Batteries Limited
PINK:ALTHF
|
$27.89 Million |
|
Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS
IS:MEPET
|
$27.89 Million |
|
BALSU GIDA
IS:BALSU
|
$27.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gmb Korea's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 260,051,274,040 to 273,763,767,290, a change of 13,712,493,250 (5.3%).
- Net income of 15,366,712,530 contributed positively to equity growth.
- Dividend payments of 2,940,842,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩15.37 Billion | +5.61% |
| Dividends Paid | ₩2.94 Billion | -1.07% |
| Other Changes | ₩1.29 Billion | +0.47% |
| Total Change | ₩- | 5.27% |
Book Value vs Market Value Analysis
This analysis compares Gmb Korea'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: 0.37x
- 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 | ₩12010.67 | ₩5250.00 | x |
| 2018-12-31 | ₩11677.78 | ₩5250.00 | x |
| 2019-12-31 | ₩11858.41 | ₩5250.00 | x |
| 2020-12-31 | ₩11552.90 | ₩5250.00 | x |
| 2021-12-31 | ₩12568.86 | ₩5250.00 | x |
| 2022-12-31 | ₩13567.31 | ₩5250.00 | x |
| 2023-12-31 | ₩13635.04 | ₩5250.00 | x |
| 2024-12-31 | ₩14354.01 | ₩5250.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gmb Korea 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): 5.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.11%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 2.30x
- Recent ROE (5.61%) is above the historical average (4.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 8.30% | 3.22% | 1.23x | 2.09x | ₩-2.87 Billion |
| 2013 | 10.53% | 4.30% | 1.22x | 2.00x | ₩993.68 Million |
| 2014 | 8.66% | 3.81% | 1.07x | 2.13x | ₩-2.71 Billion |
| 2015 | 5.68% | 2.52% | 1.02x | 2.21x | ₩-8.97 Billion |
| 2016 | 8.45% | 3.78% | 1.06x | 2.10x | ₩-3.44 Billion |
| 2017 | 5.00% | 2.45% | 1.00x | 2.05x | ₩-11.45 Billion |
| 2018 | 0.06% | 0.03% | 0.96x | 2.13x | ₩-22.14 Billion |
| 2019 | 1.21% | 0.57% | 0.98x | 2.15x | ₩-19.88 Billion |
| 2020 | -3.74% | -1.85% | 0.91x | 2.22x | ₩-30.28 Billion |
| 2021 | 4.07% | 1.84% | 1.02x | 2.18x | ₩-14.22 Billion |
| 2022 | 4.58% | 1.94% | 1.11x | 2.13x | ₩-14.03 Billion |
| 2023 | 4.43% | 1.67% | 1.19x | 2.23x | ₩-14.48 Billion |
| 2024 | 5.61% | 2.11% | 1.15x | 2.30x | ₩-12.01 Billion |
Industry Comparison
This section compares Gmb Korea'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 |
|---|---|---|---|---|
| Gmb Korea (013870) | ₩288.44 Billion | 8.30% | 1.39x | $27.91 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 |