Zinus Inc Net Assets
Zinus Inc net assets. Based on the latest financial reports, Zinus Inc (013890) has net assets worth ₩642.36 Billion KRW (≈ $435.32 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.07 Trillion ≈ $724.72 Million USD) and total liabilities (₩427.05 Billion ≈ $289.41 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. Also explore net asset momentum of Zinus Inc to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩642.36 Billion |
| % of Total Assets | 60.07% |
| Annual Growth Rate | 24.03% |
| 5-Year Change | 35.79% |
| 10-Year Change | N/A |
| Growth Volatility | 33.27 |
Net Assets of Zinus Inc (2016–2025)
Net assets of Zinus Inc from 2016 to 2025. This chart illustrates how Zinus Inc's net assets have evolved over time, based on quarterly financial data. See Zinus Inc balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Zinus Inc (2016–2025)
The table below shows the annual net assets of Zinus Inc from 2016 to 2025. For live market cap and overall valuation, see how much is Zinus Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩649.37 Billion ≈ $440.07 Million |
-3.48% |
| 2024-12-31 | ₩672.76 Billion ≈ $455.92 Million |
+7.51% |
| 2023-12-31 | ₩625.76 Billion ≈ $424.07 Million |
-0.06% |
| 2022-12-31 | ₩626.16 Billion ≈ $424.34 Million |
+30.93% |
| 2021-12-31 | ₩478.23 Billion ≈ $324.09 Million |
+15.40% |
| 2020-12-31 | ₩414.41 Billion ≈ $280.84 Million |
+10.76% |
| 2019-12-31 | ₩374.14 Billion ≈ $253.55 Million |
+112.28% |
| 2018-12-31 | ₩176.25 Billion ≈ $119.44 Million |
+33.99% |
| 2017-12-31 | ₩131.54 Billion ≈ $89.14 Million |
+40.71% |
| 2016-12-31 | ₩93.48 Billion ≈ $63.35 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zinus Inc'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 281.7% over the analyzed period, indicating profitable operations and earnings retention.
Zinus Inc Net Assets Breakdown (December 2025)
Zinus Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩309.12 Billion | 47.60% |
| Other Components | ₩340.25 Billion | 52.40% |
| Total Equity | ₩649.37 Billion | 100.00% |
Zinus Inc Competitors by Market Cap
The table below lists competitors of Zinus Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
D. Boral ARC Acquisition I Corp. Class A Ordinary Shares
NASDAQ:BCAR
|
$91.40 Million |
|
Aris Gold Corporation
V:CGC
|
$91.40 Million |
|
Tanami Gold NL
AU:TAM
|
$91.46 Million |
|
Sanitar Co Ltd
TW:1817
|
$91.49 Million |
|
JATT III Acquisition Corp Ordinary Shares
NASDAQ:JTTT
|
$91.33 Million |
|
SHIMAO SERV.HLDGS HD-01
F:5GO
|
$91.32 Million |
|
q.beyond AG
F:QBY
|
$91.32 Million |
|
Fast Ejendom
CO:FED
|
$91.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zinus Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 672,764,012,910 to 649,370,973,530, a change of -23,393,039,380 (-3.5%).
- Net loss of 18,505,683,590 reduced equity.
- Dividend payments of 1,973,323,170 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-18.51 Billion | -2.85% |
| Dividends Paid | ₩1.97 Billion | -0.3% |
| Other Changes | ₩-2.91 Billion | -0.45% |
| Total Change | ₩- | -3.48% |
Book Value vs Market Value Analysis
This analysis compares Zinus Inc'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: 0.21x
- 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.
- The price-to-book ratio has decreased from 0.61x to 0.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩10159.21 | ₩6150.00 | x |
| 2018-12-31 | ₩13612.36 | ₩6150.00 | x |
| 2019-12-31 | ₩25142.12 | ₩6150.00 | x |
| 2020-12-31 | ₩27031.56 | ₩6150.00 | x |
| 2021-12-31 | ₩31194.10 | ₩6150.00 | x |
| 2022-12-31 | ₩34121.72 | ₩6150.00 | x |
| 2023-12-31 | ₩31009.39 | ₩6150.00 | x |
| 2024-12-31 | ₩30676.13 | ₩6150.00 | x |
| 2025-12-31 | ₩29616.73 | ₩6150.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zinus Inc 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): -2.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.03%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.65x
- Recent ROE (-2.85%) is below the historical average (16.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 66.98% | 18.33% | 1.39x | 2.64x | ₩53.27 Billion |
| 2017 | 34.33% | 7.49% | 1.77x | 2.59x | ₩32.00 Billion |
| 2018 | 24.74% | 7.01% | 1.21x | 2.92x | ₩25.98 Billion |
| 2019 | 19.36% | 8.86% | 1.08x | 2.02x | ₩35.01 Billion |
| 2020 | 11.05% | 4.63% | 1.10x | 2.16x | ₩4.35 Billion |
| 2021 | 10.80% | 4.60% | 1.10x | 2.13x | ₩3.83 Billion |
| 2022 | 4.69% | 2.53% | 1.04x | 1.78x | ₩-33.24 Billion |
| 2023 | 0.85% | 0.56% | 0.91x | 1.66x | ₩-57.28 Billion |
| 2024 | -1.01% | -0.74% | 0.77x | 1.77x | ₩-74.07 Billion |
| 2025 | -2.85% | -2.03% | 0.85x | 1.65x | ₩-83.44 Billion |
Industry Comparison
This section compares Zinus Inc's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $270,913,487,157
- Average return on equity (ROE) among peers: 6.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zinus Inc (013890) | ₩642.36 Billion | 66.98% | 0.66x | $91.38 Million |
| Shinil Electronics Co (002700) | $9.68 Billion | 0.00% | 3.68x | $43.25 Million |
| Ace Bed Company Limited (003800) | $652.72 Billion | 7.88% | 0.10x | $226.79 Million |
| Hankook Furniture Co. Ltd (004590) | $58.62 Billion | 3.18% | 0.39x | $52.45 Million |
| Hanssem (009240) | $179.39 Billion | 16.18% | 0.71x | $453.93 Million |
| Enex Co.Ltd (011090) | $54.18 Billion | -6.71% | 1.44x | $67.96 Million |
| Fursys (016800) | $530.59 Billion | 12.61% | 0.13x | $144.64 Million |
| COWAY Co. Ltd (021240) | $754.26 Billion | 16.88% | 1.08x | $4.94 Billion |
| PN Poong Nyun Co. Ltd (024940) | $44.71 Billion | 4.71% | 0.21x | $11.93 Million |
| Hansol Homedec (025750) | $154.08 Billion | 2.31% | 1.00x | $17.19 Million |
About Zinus Inc
Zinus, Inc manufactures and sells beds and bedding. The company offers mattresses, bed frame, topper, pillow, and bedding products. The company was founded in 1979 and is based in Seongnam-si, South Korea.