Fursys (016800) - Net Assets

Latest as of March 2026: ₩598.29 Billion KRW ≈ $405.46 Million USD

Based on the latest financial reports, Fursys (016800) has net assets worth ₩598.29 Billion KRW (≈ $405.46 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 (₩675.49 Billion ≈ $457.77 Million USD) and total liabilities (₩77.20 Billion ≈ $52.31 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 016800 asset base for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets ₩598.29 Billion
% of Total Assets 88.57%
Annual Growth Rate 7.31%
5-Year Change 20.13%
10-Year Change 62.34%
Growth Volatility 5.87

Fursys - Net Assets Trend (2000–2025)

This chart illustrates how Fursys's net assets have evolved over time, based on quarterly financial data. Check Fursys tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Fursys (2000–2025)

The table below shows the annual net assets of Fursys from 2000 to 2025. For live valuation and market cap data, see 016800 company net worth.

Year Net Assets Change
2025-12-31 ₩597.67 Billion
≈ $405.03 Million
+4.12%
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
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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 63073226479000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings ₩630.73 Billion 105.53%
Total Equity ₩597.67 Billion 100.00%

Fursys Competitors by Market Cap

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

Company Market Cap
Borosil Scientific
NSE:BOROSCI
$151.65 Million
Punjab Chemicals & Crop Protection Limited
NSE:PUNJABCHEM
$151.68 Million
Cho Kwang Leat
KO:004700
$151.69 Million
Madhya Bharat Agro Products Limited
NSE:MBAPL
$151.81 Million
AMA Group Ltd
AU:AMA
$151.60 Million
Orogen Royalties Inc
V:OGN
$151.58 Million
Jarllytec Co Ltd
TWO:3548
$151.54 Million
Assertio Therapeutics Inc
NASDAQ:ASRT
$151.47 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 2024 to 2025, total equity changed from 574,010,179,970 to 597,668,247,320, a change of 23,658,067,350 (4.1%).
  • Net income of 35,580,171,230 contributed positively to equity growth.
  • Dividend payments of 10,738,742,400 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ₩35.58 Billion +5.95%
Dividends Paid ₩10.74 Billion -1.8%
Other Changes ₩-1.18 Billion -0.2%
Total Change ₩- 4.12%

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: 0.37x
  • 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 0.37x 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 ₩25000.00 x
2018-12-31 ₩44599.40 ₩25000.00 x
2019-12-31 ₩47074.52 ₩25000.00 x
2020-12-31 ₩50209.80 ₩25000.00 x
2021-12-31 ₩54248.54 ₩25000.00 x
2022-12-31 ₩52783.48 ₩25000.00 x
2023-12-31 ₩59247.18 ₩25000.00 x
2024-12-31 ₩64142.73 ₩25000.00 x
2025-12-31 ₩66786.40 ₩25000.00 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): 5.95%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.93%
  • • Asset Turnover: 0.53x
  • • Equity Multiplier: 1.12x
  • Recent ROE (5.95%) is below the historical average (10.93%), 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
2025 5.95% 9.93% 0.53x 1.12x ₩-24.19 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: $250,798,479,446
  • Average return on equity (ROE) among peers: 11.79%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Fursys (016800) ₩598.29 Billion 19.27% 0.13x $151.61 Million
Shinil Electronics Co (002700) $66.64 Billion 17.46% 0.53x $50.01 Million
Ace Bed Company Limited (003800) $252.03 Billion 15.10% 0.14x $232.87 Million
Hankook Furniture Co. Ltd (004590) $116.75 Billion 7.93% 0.33x $50.83 Million
Hanssem (009240) $123.52 Billion 8.88% 0.98x $437.62 Million
Enex Co.Ltd (011090) $59.46 Billion 2.28% 1.61x $77.85 Million
Zinus Inc (013890) $414.41 Billion 11.05% 1.16x $128.97 Million
COWAY Co. Ltd (021240) $1.09 Trillion 32.20% 1.19x $4.35 Billion
PN Poong Nyun Co. Ltd (024940) $46.25 Billion 3.69% 0.18x $12.10 Million
Hansol Homedec (025750) $90.42 Billion 7.51% 1.39x $19.72 Million

About Fursys

KO:016800 Korea Furnishings, Fixtures & Appliances
Market Cap
$151.61 Million
₩223.72 Billion KRW
Market Cap Rank
#17559 Global
#691 in Korea
Share Price
₩25000.00
Change (1 day)
-0.40%
52-Week Range
₩23850.00 - ₩50300.00
All Time High
₩54000.00
About

Fursys Inc. designs, manufactures, and sells office and home furniture products primarily in South Korea. It primarily offers desks and panels, executive and multi-use chairs, benches chairs, stools, bar stools, sofas, armchair, storage, shelves, worktools, bookshelves, and study tables. It markets its products under the FURSYS, iloom, and SIDIZ brands. Fursys Inc. was founded in 1983 and is base… Read more