Aekyung Industrial Co Ltd
Aekyung Industrial Co., Ltd. engages in the manufacture and sale of household products in South Korea. It offers beauty care products, including cosmetics; personal care products, such as hair care, body care, dental care, and hygiene care products; and home care products comprising laundry detergent, dish liquid, and pet products. The company was founded in 1985 and is headquartered in Seoul, So… Read more
Aekyung Industrial Co Ltd (018250) - Net Assets
Latest net assets as of September 2025: ₩403.33 Billion KRW
Based on the latest financial reports, Aekyung Industrial Co Ltd (018250) has net assets worth ₩403.33 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 (₩485.87 Billion) and total liabilities (₩82.54 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 | ₩403.33 Billion |
| % of Total Assets | 83.01% |
| Annual Growth Rate | 21.06% |
| 5-Year Change | 20.29% |
| 10-Year Change | N/A |
| Growth Volatility | 51.88 |
Aekyung Industrial Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Aekyung Industrial 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 Aekyung Industrial Co Ltd (2016–2024)
The table below shows the annual net assets of Aekyung Industrial Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩400.61 Billion | +3.35% |
| 2023-12-31 | ₩387.63 Billion | +7.98% |
| 2022-12-31 | ₩358.97 Billion | +3.68% |
| 2021-12-31 | ₩346.23 Billion | +3.96% |
| 2020-12-31 | ₩333.04 Billion | -1.61% |
| 2019-12-31 | ₩338.50 Billion | +9.51% |
| 2018-12-31 | ₩309.11 Billion | +162.44% |
| 2017-12-31 | ₩117.78 Billion | +35.66% |
| 2016-12-31 | ₩86.82 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aekyung Industrial 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 333.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩260.73 Billion | 65.11% |
| Other Components | ₩139.69 Billion | 34.89% |
| Total Equity | ₩400.42 Billion | 100.00% |
Aekyung Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Aekyung Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Empire Petroleum Corp
NYSE MKT:EP
|
$78.89 Million |
|
Boa Safra Sementes S.A
SA:SOJA3
|
$78.90 Million |
|
Cullman Bancorp Inc.
NASDAQ:CULL
|
$78.92 Million |
|
ITEK Inc
KQ:119830
|
$78.94 Million |
|
Alam Sutera Realty Tbk
JK:ASRI
|
$78.83 Million |
|
Tusimple Holdings Inc
PINK:TSPH
|
$78.83 Million |
|
FLAIR
NSE:FLAIR
|
$78.82 Million |
|
Neo Technical System Co. Ltd
KQ:085910
|
$78.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aekyung Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 387,142,792,810 to 400,419,281,770, a change of 13,276,488,960 (3.4%).
- Net income of 42,560,565,990 contributed positively to equity growth.
- Dividend payments of 14,906,851,440 reduced retained earnings.
- Share repurchases of 10,039,061,650 reduced equity.
- Other factors decreased equity by 4,338,163,940.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩42.56 Billion | +10.63% |
| Dividends Paid | ₩14.91 Billion | -3.72% |
| Share Repurchases | ₩10.04 Billion | -2.51% |
| Other Changes | ₩-4.34 Billion | -1.08% |
| Total Change | ₩- | 3.43% |
Book Value vs Market Value Analysis
This analysis compares Aekyung Industrial 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: 0.93x
- 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 2.62x to 0.93x 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 | ₩5523.80 | ₩14460.00 | x |
| 2018-12-31 | ₩11768.34 | ₩14460.00 | x |
| 2019-12-31 | ₩12817.07 | ₩14460.00 | x |
| 2020-12-31 | ₩12706.73 | ₩14460.00 | x |
| 2021-12-31 | ₩13209.93 | ₩14460.00 | x |
| 2022-12-31 | ₩13672.02 | ₩14460.00 | x |
| 2023-12-31 | ₩15063.06 | ₩14460.00 | x |
| 2024-12-31 | ₩15579.63 | ₩14460.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aekyung Industrial 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): 10.63%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.27%
- • Asset Turnover: 1.36x
- • Equity Multiplier: 1.25x
- Recent ROE (10.63%) is below the historical average (13.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 24.82% | 4.25% | 2.33x | 2.50x | ₩12.86 Billion |
| 2017 | 32.32% | 6.05% | 2.85x | 1.87x | ₩26.28 Billion |
| 2018 | 19.67% | 8.69% | 1.71x | 1.33x | ₩29.88 Billion |
| 2019 | 12.30% | 5.94% | 1.55x | 1.33x | ₩7.79 Billion |
| 2020 | 3.44% | 1.95% | 1.35x | 1.30x | ₩-21.84 Billion |
| 2021 | 4.54% | 2.74% | 1.33x | 1.25x | ₩-18.90 Billion |
| 2022 | 4.62% | 2.71% | 1.26x | 1.35x | ₩-19.28 Billion |
| 2023 | 12.59% | 7.29% | 1.39x | 1.25x | ₩10.04 Billion |
| 2024 | 10.63% | 6.27% | 1.36x | 1.25x | ₩2.52 Billion |
Industry Comparison
This section compares Aekyung Industrial Co Ltd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,357,666,505,469
- Average return on equity (ROE) among peers: 183.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aekyung Industrial Co Ltd (018250) | ₩403.33 Billion | 24.82% | 0.20x | $78.84 Million |
| Amore Group (002790) | $4.89 Trillion | 5.33% | 0.26x | $733.67 Million |
| Amorepacific Group (002795) | $6.99 Trillion | 3.60% | 0.22x | $333.07 Million |
| Hankook Cosmetics Manufacturing Co Ltd (003350) | $25.45 Billion | -9.21% | 0.59x | $50.11 Million |
| Daelim Trading (006570) | $76.43 Billion | -16.61% | 1.09x | $3.62 Million |
| Monalisa (012690) | $54.46 Billion | 10.90% | 0.28x | $26.00 Million |
| Leaders Cosmetics Co. Ltd (016100) | $63.99 Billion | 24.29% | 0.52x | $13.95 Million |
| Kolmar Holding (024720) | $48.25 Billion | 5.20% | 0.61x | $69.59 Million |
| Jayjun Co Ltd (025620) | $4.96 Billion | 1635.91% | 10.27x | $4.89 Million |
| Coreana Cosmetics Co.Ltd (027050) | $65.95 Billion | -8.68% | 0.74x | $33.77 Million |