Kumkang Kind Co Ltd (014285) - Net Assets
Based on the latest financial reports, Kumkang Kind Co Ltd (014285) has net assets worth ₩512.77 Billion KRW (≈ $347.50 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.24 Trillion ≈ $842.93 Million USD) and total liabilities (₩731.07 Billion ≈ $495.43 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 014285 asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩512.77 Billion |
| % of Total Assets | 41.22% |
| Annual Growth Rate | 5.56% |
| 5-Year Change | 28.83% |
| 10-Year Change | 63.44% |
| Growth Volatility | 5.64 |
Kumkang Kind Co Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Kumkang Kind Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Kumkang Kind Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Kumkang Kind Co Ltd (2014–2025)
The table below shows the annual net assets of Kumkang Kind Co Ltd from 2014 to 2025. For live valuation and market cap data, see 014285 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩498.15 Billion ≈ $337.59 Million |
-0.24% |
| 2024-12-31 | ₩499.34 Billion ≈ $338.39 Million |
+4.57% |
| 2023-12-31 | ₩477.49 Billion ≈ $323.59 Million |
+6.53% |
| 2022-12-31 | ₩448.21 Billion ≈ $303.75 Million |
+15.92% |
| 2021-12-31 | ₩386.67 Billion ≈ $262.04 Million |
+9.46% |
| 2020-12-31 | ₩353.27 Billion ≈ $239.40 Million |
+2.12% |
| 2019-12-31 | ₩345.94 Billion ≈ $234.44 Million |
-2.34% |
| 2018-12-31 | ₩354.24 Billion ≈ $240.06 Million |
+6.99% |
| 2017-12-31 | ₩331.11 Billion ≈ $224.39 Million |
+8.63% |
| 2016-12-31 | ₩304.80 Billion ≈ $206.56 Million |
+12.91% |
| 2015-12-31 | ₩269.96 Billion ≈ $182.95 Million |
-1.69% |
| 2014-12-31 | ₩274.61 Billion ≈ $186.10 Million |
-- |
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 59.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩280.98 Billion | 78.06% |
| Other Components | ₩78.98 Billion | 21.94% |
| Total Equity | ₩359.97 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 |
|---|---|
|
AB Kauno Energija
STU:WVJ
|
$77.04 Million |
|
Aluma Infrastructure Fund 2020 Ltd
TA:ALUMA
|
$77.05 Million |
|
Chin Hung Int'
KO:002780
|
$77.06 Million |
|
Gongin Precision Industrial Co Ltd
TWO:3178
|
$77.07 Million |
|
Ersan Alisveris Hizmetleri & Gida Sanayi Ticaret AS
IS:KIMMR
|
$77.03 Million |
|
Sanifoam Sunger Sanayi ve Ticaret AS
IS:SANFM
|
$77.02 Million |
|
C&G Hi Tech Co.Ltd
KQ:264660
|
$76.98 Million |
|
High Tech Pharm Co. Ltd
KQ:106190
|
$76.96 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 2024 to 2025, total equity changed from 396,522,117,060 to 359,968,052,720, a change of -36,554,064,340 (-9.2%).
- Net loss of 44,697,252,360 reduced equity.
- Dividend payments of 4,642,300,080 reduced retained earnings.
- Share repurchases of 19,442,700 reduced equity.
- New share issuances of 14,630 increased equity.
- Other factors increased equity by 12,804,916,170.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-44.70 Billion | -12.42% |
| Dividends Paid | ₩4.64 Billion | -1.29% |
| Share Repurchases | ₩19.44 Million | -0.01% |
| Share Issuances | ₩14.63K | +0.0% |
| Other Changes | ₩12.80 Billion | +3.56% |
| Total Change | ₩- | -9.22% |
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: 0.41x
- 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 | ₩5220.00 | x |
| 2018-12-31 | ₩13079.14 | ₩5220.00 | x |
| 2019-12-31 | ₩12398.02 | ₩5220.00 | x |
| 2020-12-31 | ₩11385.96 | ₩5220.00 | x |
| 2021-12-31 | ₩11557.26 | ₩5220.00 | x |
| 2022-12-31 | ₩13661.15 | ₩5220.00 | x |
| 2023-12-31 | ₩14645.48 | ₩5220.00 | x |
| 2024-12-31 | ₩14755.89 | ₩5220.00 | x |
| 2025-12-31 | ₩12706.54 | ₩5220.00 | 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): -12.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.57%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 3.30x
- Recent ROE (-12.42%) is below the historical average (4.29%), 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 |
| 2025 | -12.42% | -5.57% | 0.68x | 3.30x | ₩-80.69 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: $847,734,591,340
- Average return on equity (ROE) among peers: 3.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kumkang Kind Co Ltd (014285) | ₩512.77 Billion | 8.13% | 1.43x | $77.03 Million |
| Korea Cast Pip (000970) | $218.45 Billion | 3.17% | 0.53x | $95.34 Million |
| Manho Rope&Wir (001080) | $159.52 Billion | 0.00% | 0.16x | $8.99 Million |
| Dongkuk Steel Mill Co Ltd (001230) | $1.32 Trillion | 0.00% | 2.29x | $36.51 Million |
| SeAH Bestee (001430) | $1.35 Trillion | 8.83% | 0.60x | $809.30 Million |
| Kisco Holdings (001940) | $1.56 Trillion | 2.08% | 0.10x | $220.05 Million |
| Hanil Iron & S (002220) | $155.18 Billion | 3.28% | 0.93x | $47.53 Million |
| Kis Wire (002240) | $1.48 Trillion | 0.67% | 0.59x | $307.03 Million |
| Dong Il Steel MFG Co Ltd (002690) | $129.80 Billion | 0.23% | 0.14x | $19.48 Million |
| Tcc Steel (002710) | $116.84 Billion | 4.32% | 1.69x | $146.74 Million |
| Seah Steel Corp (003030) | $1.98 Trillion | 14.05% | 0.80x | $286.41 Million |
About 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