Fursys (016800) - Net Assets

Latest as of September 2025: ₩587.04 Billion KRW ≈ $397.83 Million USD

Based on the latest financial reports, Fursys (016800) has net assets worth ₩587.04 Billion KRW (≈ $397.83 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩645.92 Billion ≈ $437.73 Million USD) and total liabilities (₩58.87 Billion ≈ $39.90 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 Fursys (016800) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩587.04 Billion
% of Total Assets	90.89%
Annual Growth Rate	7.44%
5-Year Change	24.53%
10-Year Change	89.13%
Growth Volatility	5.93

Fursys - Net Assets Trend (2000–2024)

This chart illustrates how Fursys's net assets have evolved over time, based on quarterly financial data. Also explore 016800 total assets for the complete picture of this company's asset base.

Annual Net Assets for Fursys (2000–2024)

The table below shows the annual net assets of Fursys from 2000 to 2024. For live valuation and market cap data, see 016800 market cap.

Year	Net Assets	Change
2024-12-31	₩574.01 Billion ≈ $389.00 Million	+8.18%
2023-12-31	₩530.59 Billion ≈ $359.57 Million	+12.19%
2022-12-31	₩472.95 Billion ≈ $320.51 Million	-4.94%
2021-12-31	₩497.51 Billion ≈ $337.15 Million	+7.94%
2020-12-31	₩460.93 Billion ≈ $312.36 Million	+3.83%
2019-12-31	₩443.91 Billion ≈ $300.83 Million	+5.55%
2018-12-31	₩420.57 Billion ≈ $285.02 Million	+9.41%
2017-12-31	₩384.41 Billion ≈ $260.51 Million	+4.42%
2016-12-31	₩368.15 Billion ≈ $249.49 Million	+21.30%
2012-12-31	₩303.51 Billion ≈ $205.68 Million	+3.56%
2011-12-31	₩293.06 Billion ≈ $198.60 Million	+8.07%
2010-12-31	₩271.17 Billion ≈ $183.77 Million	-3.07%
2009-12-31	₩279.75 Billion ≈ $189.58 Million	+8.41%
2008-12-31	₩258.04 Billion ≈ $174.87 Million	+7.57%
2007-12-31	₩239.87 Billion ≈ $162.56 Million	+11.31%
2006-12-31	₩215.49 Billion ≈ $146.03 Million	+12.76%
2005-12-31	₩191.11 Billion ≈ $129.51 Million	+16.97%
2004-12-31	₩163.39 Billion ≈ $110.72 Million	+13.80%
2003-12-31	₩143.57 Billion ≈ $97.30 Million	+12.92%
2002-12-31	₩127.15 Billion ≈ $86.16 Million	+13.85%
2001-12-31	₩111.68 Billion ≈ $75.68 Million	+8.99%
2000-12-31	₩102.46 Billion ≈ $69.44 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Fursys'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 60529054877000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩605.29 Billion	105.45%
Total Equity	₩574.01 Billion	100.00%

Fursys Competitors by Market Cap

The table below lists competitors of Fursys ranked by their market capitalization.

Company	Market Cap
Petronor E&P Ltd OL:PNOR	$217.81 Million
Sino AG XETRA:XTP	$217.85 Million
Nampak JSE:NPK	$217.86 Million
TCI Express Limited NSE:TCIEXP	$217.86 Million
Prodware PA:ALPRO	$217.71 Million
HUYA Inc F:HY5A	$217.69 Million
MSP Steel & Power Limited NSE:MSPL	$217.67 Million
Darwin Precisions Corp TW:6120	$217.40 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Fursys's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 530,592,357,560 to 574,010,179,970, a change of 43,417,822,410 (8.2%).
Net income of 47,720,515,510 contributed positively to equity growth.
Dividend payments of 10,738,742,400 reduced retained earnings.
Other factors increased equity by 6,436,049,300.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩47.72 Billion	+8.31%
Dividends Paid	₩10.74 Billion	-1.87%
Other Changes	₩6.44 Billion	+1.12%
Total Change	₩-	8.18%

Book Value vs Market Value Analysis

This analysis compares Fursys'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: 0.56x
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 0.88x to 0.56x 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	₩40756.93	₩35900.00	x
2018-12-31	₩44599.40	₩35900.00	x
2019-12-31	₩47074.52	₩35900.00	x
2020-12-31	₩50209.80	₩35900.00	x
2021-12-31	₩54248.54	₩35900.00	x
2022-12-31	₩52783.48	₩35900.00	x
2023-12-31	₩59247.18	₩35900.00	x
2024-12-31	₩64142.73	₩35900.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fursys 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): 8.31%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.37%
• Asset Turnover: 0.60x
• Equity Multiplier: 1.12x
Recent ROE (8.31%) is below the historical average (11.16%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	19.27%	12.81%	1.21x	1.24x	₩9.49 Billion
2001	12.86%	10.86%	0.96x	1.23x	₩3.19 Billion
2002	14.20%	11.64%	1.02x	1.20x	₩5.34 Billion
2003	12.13%	11.13%	0.91x	1.20x	₩3.06 Billion
2004	14.42%	13.51%	0.88x	1.22x	₩7.22 Billion
2005	16.47%	15.59%	0.86x	1.24x	₩12.37 Billion
2006	13.63%	13.55%	0.82x	1.23x	₩7.83 Billion
2007	13.67%	13.83%	0.80x	1.24x	₩8.81 Billion
2008	13.91%	13.98%	0.81x	1.22x	₩10.08 Billion
2009	11.42%	14.07%	0.67x	1.21x	₩3.98 Billion
2010	12.70%	12.67%	0.79x	1.26x	₩7.16 Billion
2011	12.04%	12.32%	0.80x	1.23x	₩5.80 Billion
2012	9.69%	13.25%	0.65x	1.13x	₩-950.29 Million
2016	6.30%	10.01%	0.56x	1.13x	₩-13.63 Billion
2017	5.74%	7.62%	0.66x	1.14x	₩-16.38 Billion
2018	10.82%	14.41%	0.65x	1.15x	₩3.44 Billion
2019	7.65%	11.14%	0.63x	1.09x	₩-10.43 Billion
2020	7.39%	11.87%	0.57x	1.08x	₩-12.04 Billion
2021	9.07%	13.81%	0.57x	1.16x	₩-4.65 Billion
2022	1.24%	1.54%	0.70x	1.15x	₩-41.42 Billion
2023	12.61%	18.43%	0.61x	1.13x	₩13.84 Billion
2024	8.31%	12.37%	0.60x	1.12x	₩-9.68 Billion

Industry Comparison

This section compares Fursys's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.

Industry Context

Industry: Furnishings, Fixtures & Appliances
Average net assets among peers: $379,179,056,948
Average return on equity (ROE) among peers: 10.74%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Fursys (016800)	₩587.04 Billion	19.27%	0.10x	$217.72 Million
Shinil Electronics Co (002700)	$82.61 Billion	9.66%	0.48x	$69.15 Million
Ace Bed Company Limited (003800)	$370.77 Billion	8.17%	0.09x	$245.03 Million
Hankook Furniture Co. Ltd (004590)	$165.17 Billion	7.14%	0.28x	$57.74 Million
Hanssem (009240)	$125.47 Billion	3.99%	1.01x	$508.49 Million
Enex Co.Ltd (011090)	$45.34 Billion	9.78%	1.64x	$17.20 Million
Zinus Inc (013890)	$131.54 Billion	34.33%	1.59x	$191.83 Million
COWAY Co. Ltd (021240)	$2.31 Trillion	19.82%	0.89x	$4.19 Billion
PN Poong Nyun Co. Ltd (024940)	$46.25 Billion	3.69%	0.18x	$21.05 Million
Hansol Homedec (025750)	$133.51 Billion	0.11%	1.19x	$149.87 Million

About Fursys

KO:016800 Korea Furnishings, Fixtures & Appliances

Market Cap

$217.72 Million

₩321.27 Billion KRW

Market Cap Rank

#16216 Global

#661 in Korea

Share Price

₩35900.00

Change (1 day)

-0.55%

52-Week Range

₩35750.00 - ₩50300.00

All Time High

₩54000.00