Kumkang Kind Co Ltd
Kumkang Kind Co., Ltd. manufactures and sells steel pipes and various scaffolding products in South Korea and internationally. The company offers aluminium formwork systems; gang formwork systems; climbing systems for residential, commercial, and civil engineering projects; civil engineering formwork systems; and euro formwork systems, as well as customer support solutions. It also provides carbo… Read more
Kumkang Kind Co Ltd (014285) - Net Assets
Latest net assets as of September 2025: ₩504.68 Billion KRW
Based on the latest financial reports, Kumkang Kind Co Ltd (014285) has net assets worth ₩504.68 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 (₩1.22 Trillion) and total liabilities (₩715.05 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 | ₩504.68 Billion |
| % of Total Assets | 41.38% |
| Annual Growth Rate | 6.16% |
| 5-Year Change | 41.35% |
| 10-Year Change | 84.97% |
| Growth Volatility | 5.58 |
Kumkang Kind Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Kumkang Kind Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kumkang Kind Co Ltd (2014–2024)
The table below shows the annual net assets of Kumkang Kind Co Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩499.34 Billion | +4.57% |
| 2023-12-31 | ₩477.49 Billion | +6.53% |
| 2022-12-31 | ₩448.21 Billion | +15.92% |
| 2021-12-31 | ₩386.67 Billion | +9.46% |
| 2020-12-31 | ₩353.27 Billion | +2.12% |
| 2019-12-31 | ₩345.94 Billion | -2.34% |
| 2018-12-31 | ₩354.24 Billion | +6.99% |
| 2017-12-31 | ₩331.11 Billion | +8.63% |
| 2016-12-31 | ₩304.80 Billion | +12.91% |
| 2015-12-31 | ₩269.96 Billion | -1.69% |
| 2014-12-31 | ₩274.61 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kumkang Kind 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 grown by 86.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩327.65 Billion | 82.63% |
| Other Components | ₩68.87 Billion | 17.37% |
| Total Equity | ₩396.52 Billion | 100.00% |
Kumkang Kind Co Ltd Competitors by Market Cap
The table below lists competitors of Kumkang Kind Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LEE S PHARMACEUTIC.HD-05
F:L1PA
|
$35.92 Million |
|
Professional Computer Technology Ltd
TWO:6270
|
$35.93 Million |
|
Aallon Group Oyj
HE:AALLON
|
$35.93 Million |
|
Banvit Bandirma Vitaminli Yem Sanayi AS
IS:BANVT
|
$35.94 Million |
|
Phinergy Ltd
PINK:PHNGF
|
$35.91 Million |
|
Prestige Biologics Co. Ltd.
KQ:334970
|
$35.91 Million |
|
Nilörngruppen AB
PINK:NLLGF
|
$35.90 Million |
|
BROOGE ENERGY DL-0001
F:3SF
|
$35.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kumkang Kind Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 393,555,162,120 to 396,522,117,060, a change of 2,966,954,940 (0.8%).
- Net income of 5,518,419,230 contributed positively to equity growth.
- Dividend payments of 3,784,627,220 reduced retained earnings.
- Share repurchases of 6,707,350,070 reduced equity.
- Other factors increased equity by 7,940,513,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩5.52 Billion | +1.39% |
| Dividends Paid | ₩3.78 Billion | -0.95% |
| Share Repurchases | ₩6.71 Billion | -1.69% |
| Other Changes | ₩7.94 Billion | +2.0% |
| Total Change | ₩- | 0.75% |
Book Value vs Market Value Analysis
This analysis compares Kumkang Kind 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: 0.46x
- 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 | ₩12515.32 | ₩6800.00 | x |
| 2018-12-31 | ₩13079.14 | ₩6800.00 | x |
| 2019-12-31 | ₩12398.02 | ₩6800.00 | x |
| 2020-12-31 | ₩11385.96 | ₩6800.00 | x |
| 2021-12-31 | ₩11557.26 | ₩6800.00 | x |
| 2022-12-31 | ₩13661.15 | ₩6800.00 | x |
| 2023-12-31 | ₩14645.48 | ₩6800.00 | x |
| 2024-12-31 | ₩14755.89 | ₩6800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kumkang Kind 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): 1.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.69%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 2.93x
- Recent ROE (1.39%) is below the historical average (5.81%), 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 | 8.13% | 2.80% | 0.91x | 3.19x | ₩-4.23 Billion |
| 2015 | 2.38% | 0.95% | 0.83x | 3.00x | ₩-17.21 Billion |
| 2016 | 11.95% | 5.08% | 0.85x | 2.77x | ₩4.99 Billion |
| 2017 | 8.76% | 3.89% | 0.81x | 2.78x | ₩-3.38 Billion |
| 2018 | 5.07% | 2.54% | 0.67x | 2.99x | ₩-14.05 Billion |
| 2019 | -3.31% | -1.63% | 0.66x | 3.07x | ₩-36.16 Billion |
| 2020 | -0.55% | -0.30% | 0.64x | 2.83x | ₩-29.04 Billion |
| 2021 | 6.41% | 3.49% | 0.66x | 2.80x | ₩-11.15 Billion |
| 2022 | 13.87% | 6.98% | 0.67x | 2.98x | ₩14.20 Billion |
| 2023 | 9.75% | 4.48% | 0.76x | 2.87x | ₩-971.13 Million |
| 2024 | 1.39% | 0.69% | 0.69x | 2.93x | ₩-34.13 Billion |
Industry Comparison
This section compares Kumkang Kind Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $807,316,682,503
- Average return on equity (ROE) among peers: 5.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kumkang Kind Co Ltd (014285) | ₩504.68 Billion | 8.13% | 1.42x | $35.92 Million |
| Korea Cast Pip (000970) | $215.89 Billion | 1.77% | 0.59x | $54.93 Million |
| Manho Rope&Wir (001080) | $249.99 Billion | 1.17% | 0.10x | $6.38 Million |
| Dongkuk Steel Mill Co Ltd (001230) | $2.78 Trillion | 19.79% | 1.28x | $73.13 Million |
| SeAH Bestee (001430) | $1.99 Trillion | 4.45% | 0.77x | $625.91 Million |
| Kisco Holdings (001940) | $434.28 Billion | 16.30% | 0.55x | $78.61 Million |
| Hanil Iron & S (002220) | $174.53 Billion | -0.86% | 0.94x | $27.91 Million |
| Kis Wire (002240) | $1.73 Trillion | 4.69% | 0.47x | $128.79 Million |
| Dong Il Steel MFG Co Ltd (002690) | $130.55 Billion | 0.86% | 0.13x | $7.07 Million |
| Tcc Steel (002710) | $100.92 Billion | 1.52% | 1.76x | $163.72 Million |
| Seah Steel Corp (003030) | $262.84 Billion | 6.11% | 1.07x | $156.59 Million |