Iljin Holdings (015860) - Net Assets
Based on the latest financial reports, Iljin Holdings (015860) has net assets worth ₩1.15 Trillion KRW (≈ $781.18 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩2.34 Trillion ≈ $1.59 Billion USD) and total liabilities (₩1.19 Trillion ≈ $807.63 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 Iljin Holdings to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.15 Trillion |
| % of Total Assets | 49.17% |
| Annual Growth Rate | 8.77% |
| 5-Year Change | 30.27% |
| 10-Year Change | 154.89% |
| Growth Volatility | 23.3 |
Iljin Holdings - Net Assets Trend (2002–2025)
This chart illustrates how Iljin Holdings's net assets have evolved over time, based on quarterly financial data. Also explore 015860 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Iljin Holdings (2002–2025)
The table below shows the annual net assets of Iljin Holdings from 2002 to 2025. For live valuation and market cap data, see 015860 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩1.15 Trillion ≈ $781.18 Million |
+10.40% |
| 2024-12-31 | ₩1.04 Trillion ≈ $707.58 Million |
+11.01% |
| 2023-12-31 | ₩940.56 Billion ≈ $637.41 Million |
+3.60% |
| 2022-12-31 | ₩907.89 Billion ≈ $615.26 Million |
+2.60% |
| 2021-12-31 | ₩884.84 Billion ≈ $599.64 Million |
+70.31% |
| 2020-12-31 | ₩519.54 Billion ≈ $352.08 Million |
+0.59% |
| 2019-12-31 | ₩516.48 Billion ≈ $350.01 Million |
+15.41% |
| 2018-12-31 | ₩447.53 Billion ≈ $303.29 Million |
-0.59% |
| 2017-12-31 | ₩450.17 Billion ≈ $305.07 Million |
-0.46% |
| 2016-12-31 | ₩452.25 Billion ≈ $306.48 Million |
-2.96% |
| 2015-12-31 | ₩466.06 Billion ≈ $315.84 Million |
+1.79% |
| 2014-12-31 | ₩457.84 Billion ≈ $310.27 Million |
+8.49% |
| 2013-12-31 | ₩422.01 Billion ≈ $285.99 Million |
+1.10% |
| 2012-12-31 | ₩417.42 Billion ≈ $282.88 Million |
-6.50% |
| 2011-12-31 | ₩446.45 Billion ≈ $302.55 Million |
-5.01% |
| 2010-12-31 | ₩469.97 Billion ≈ $318.49 Million |
+11.63% |
| 2009-12-31 | ₩420.99 Billion ≈ $285.30 Million |
+54.07% |
| 2008-12-31 | ₩273.26 Billion ≈ $185.18 Million |
-6.23% |
| 2007-12-31 | ₩291.42 Billion ≈ $197.49 Million |
+80.15% |
| 2006-12-31 | ₩161.77 Billion ≈ $109.63 Million |
-0.16% |
| 2005-12-31 | ₩162.03 Billion ≈ $109.80 Million |
+1.56% |
| 2004-12-31 | ₩159.54 Billion ≈ $108.12 Million |
-5.16% |
| 2003-12-31 | ₩168.22 Billion ≈ $114.00 Million |
+0.96% |
| 2002-12-31 | ₩166.62 Billion ≈ $112.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Iljin Holdings'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 29689872435000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩296.90 Billion | 56.45% |
| Other Components | ₩229.06 Billion | 43.55% |
| Total Equity | ₩525.96 Billion | 100.00% |
Iljin Holdings Competitors by Market Cap
The table below lists competitors of Iljin Holdings ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jay Mart Public Company Limited
BK:JMART
|
$321.70 Million |
|
Wuhan Golden Laser Co Ltd
SHE:300220
|
$321.70 Million |
|
KINX Inc
KQ:093320
|
$321.73 Million |
|
Voyager Acquisition Corp
NASDAQ:VACH
|
$321.82 Million |
|
Sandhar Technologies Limited
NSE:SANDHAR
|
$321.60 Million |
|
Sophia Genetics SA
NASDAQ:SOPH
|
$321.60 Million |
|
Goody Science & Technology Co Ltd
SHE:002694
|
$321.59 Million |
|
Energy One Ltd
AU:EOL
|
$321.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iljin Holdings's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 462,978,510,350 to 525,960,515,560, a change of 62,982,005,210 (13.6%).
- Net income of 35,185,502,120 contributed positively to equity growth.
- Dividend payments of 16,139,683,950 reduced retained earnings.
- Other factors increased equity by 43,936,187,040.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩35.19 Billion | +6.69% |
| Dividends Paid | ₩16.14 Billion | -3.07% |
| Other Changes | ₩43.94 Billion | +8.35% |
| Total Change | ₩- | 13.60% |
Book Value vs Market Value Analysis
This analysis compares Iljin Holdings'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: 0.90x
- 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 1.77x to 0.90x 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 | ₩5837.08 | ₩10320.00 | x |
| 2018-12-31 | ₩5894.20 | ₩10320.00 | x |
| 2019-12-31 | ₩6239.92 | ₩10320.00 | x |
| 2020-12-31 | ₩6299.19 | ₩10320.00 | x |
| 2021-12-31 | ₩9068.68 | ₩10320.00 | x |
| 2022-12-31 | ₩9401.79 | ₩10320.00 | x |
| 2023-12-31 | ₩9819.15 | ₩10320.00 | x |
| 2024-12-31 | ₩10067.92 | ₩10320.00 | x |
| 2025-12-31 | ₩11437.52 | ₩10320.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iljin Holdings 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): 6.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.54%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 4.46x
- Recent ROE (6.69%) is above the historical average (5.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 40.26% | 0.88% | 0.73x | 62.59x | ₩3.04 Billion |
| 2004 | 1.67% | 0.36% | 0.95x | 4.95x | ₩-9.32 Billion |
| 2005 | 10.93% | 3.11% | 1.19x | 2.96x | ₩1.33 Billion |
| 2006 | 7.37% | 1.67% | 1.60x | 2.76x | ₩-4.05 Billion |
| 2007 | 8.92% | 3.20% | 1.27x | 2.20x | ₩-2.96 Billion |
| 2009 | 2.79% | 0.73% | 0.96x | 3.96x | ₩-17.84 Billion |
| 2010 | 3.56% | 0.78% | 1.15x | 3.98x | ₩-16.20 Billion |
| 2013 | 1.13% | 0.27% | 0.91x | 4.55x | ₩-21.79 Billion |
| 2014 | 4.93% | 1.46% | 0.83x | 4.06x | ₩-13.98 Billion |
| 2015 | 4.32% | 1.44% | 0.84x | 3.56x | ₩-16.87 Billion |
| 2016 | -4.85% | -1.60% | 0.80x | 3.79x | ₩-41.72 Billion |
| 2017 | -7.31% | -2.08% | 0.88x | 4.02x | ₩-46.46 Billion |
| 2018 | -0.53% | -0.15% | 0.83x | 4.12x | ₩-28.54 Billion |
| 2019 | 4.39% | 1.41% | 0.75x | 4.14x | ₩-16.09 Billion |
| 2020 | 3.49% | 1.08% | 0.81x | 4.00x | ₩-18.85 Billion |
| 2021 | 4.81% | 1.69% | 0.74x | 3.86x | ₩-21.63 Billion |
| 2022 | 4.26% | 1.28% | 0.90x | 3.67x | ₩-24.81 Billion |
| 2023 | 6.09% | 1.87% | 0.88x | 3.69x | ₩-17.67 Billion |
| 2024 | 4.87% | 1.25% | 0.91x | 4.25x | ₩-23.74 Billion |
| 2025 | 6.69% | 1.54% | 0.97x | 4.46x | ₩-17.41 Billion |
Industry Comparison
This section compares Iljin Holdings's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,284,807,734,535
- Average return on equity (ROE) among peers: 2.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Iljin Holdings (015860) | ₩1.15 Trillion | 40.26% | 1.03x | $321.61 Million |
| Kumho Electric (001210) | $181.00 Billion | -26.29% | 1.63x | $38.70 Million |
| Taihan Electric Wire Co Ltd (001440) | $1.13 Trillion | 0.00% | 3.65x | $7.09 Billion |
| Posco Chemical Co Ltd (003670) | $2.61 Trillion | 1.10% | 1.43x | $15.19 Billion |
| Sebang Global Battery Co Ltd (004490) | $585.52 Billion | 16.71% | 0.32x | $589.11 Million |
| LS Corp (006260) | $1.23 Trillion | 5.22% | 1.77x | $8.51 Billion |
| Daewon Cable (006340) | $81.19 Billion | 4.37% | 1.64x | $786.10 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $81.39 Billion | 1.52% | 1.35x | $458.78 Million |
| Samsung SDI (006400) | $12.66 Trillion | 2.82% | 0.57x | $36.39 Billion |
| Samsung Sdi Co Pref (006405) | $13.36 Trillion | 4.30% | 0.61x | $345.34 Million |
| LS Electric (010120) | $926.95 Billion | 12.57% | 1.27x | $5.60 Billion |
About Iljin Holdings
ILJIN Holdings Co.,Ltd. operates as a parts and material specialized company worldwide. The company offers high voltage electric cables, cu wire and aluminum alloys, extra high voltage transformers and blockers, and electrical devices for power distribution; manufactures industrial diamond for automobile, aircraft, energy, semi-conductor, and construction and machinery industries; and develops sa… Read more