Iljin Display (020760) - Net Assets
Based on the latest financial reports, Iljin Display (020760) has net assets worth ₩30.46 Billion KRW (≈ $20.64 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩77.13 Billion ≈ $52.27 Million USD) and total liabilities (₩46.67 Billion ≈ $31.63 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 Iljin Display liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩30.46 Billion |
| % of Total Assets | 39.49% |
| Annual Growth Rate | -12.36% |
| 5-Year Change | 24.17% |
| 10-Year Change | -73.04% |
| Growth Volatility | 61.35 |
Iljin Display - Net Assets Trend (2013–2024)
This chart illustrates how Iljin Display's net assets have evolved over time, based on quarterly financial data. Also explore 020760 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Iljin Display (2013–2024)
The table below shows the annual net assets of Iljin Display from 2013 to 2024. For live valuation and market cap data, see 020760 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩35.23 Billion ≈ $23.88 Million |
+38.16% |
| 2023-12-31 | ₩25.50 Billion ≈ $17.28 Million |
-11.86% |
| 2022-12-31 | ₩28.93 Billion ≈ $19.61 Million |
+169.73% |
| 2021-12-31 | ₩10.73 Billion ≈ $7.27 Million |
-62.20% |
| 2020-12-31 | ₩28.37 Billion ≈ $19.23 Million |
-43.61% |
| 2019-12-31 | ₩50.32 Billion ≈ $34.10 Million |
-37.86% |
| 2018-12-31 | ₩80.97 Billion ≈ $54.87 Million |
-2.05% |
| 2017-12-31 | ₩82.66 Billion ≈ $56.02 Million |
+29.50% |
| 2016-12-31 | ₩63.83 Billion ≈ $43.26 Million |
-51.15% |
| 2015-12-31 | ₩130.66 Billion ≈ $88.55 Million |
-17.46% |
| 2014-12-31 | ₩158.31 Billion ≈ $107.28 Million |
+5.26% |
| 2013-12-31 | ₩150.39 Billion ≈ $101.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Iljin Display'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 decreased by 125.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩71.97 Billion | 204.28% |
| Total Equity | ₩35.23 Billion | 100.00% |
Iljin Display Competitors by Market Cap
The table below lists competitors of Iljin Display ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WT Financial Group Ltd
AU:WTL
|
$31.48 Million |
|
Inalways
TWO:5398
|
$31.48 Million |
|
Valartis Group AG
SW:VLRT
|
$31.48 Million |
|
Offerpad Solutions Inc
NYSE:OPAD
|
$31.49 Million |
|
Central Motek Co Ltd
KO:308170
|
$31.45 Million |
|
Tycoons Worldwide Group (Thailand) Public Company Limited
BK:TYCN
|
$31.43 Million |
|
Wooree E&L Co. Ltd
KQ:153490
|
$31.43 Million |
|
GoviEx Uranium Inc
V:GXU
|
$31.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iljin Display's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,500,102,560 to 35,231,680,490, a change of 9,731,577,930 (38.2%).
- Net income of 5,654,466,070 contributed positively to equity growth.
- Other factors increased equity by 4,077,111,860.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩5.65 Billion | +16.05% |
| Other Changes | ₩4.08 Billion | +11.57% |
| Total Change | ₩- | 38.16% |
Book Value vs Market Value Analysis
This analysis compares Iljin Display'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: 1.32x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.33x to 1.32x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩2740.56 | ₩902.00 | x |
| 2018-12-31 | ₩2684.43 | ₩902.00 | x |
| 2019-12-31 | ₩1668.11 | ₩902.00 | x |
| 2020-12-31 | ₩940.69 | ₩902.00 | x |
| 2021-12-31 | ₩264.97 | ₩902.00 | x |
| 2022-12-31 | ₩562.30 | ₩902.00 | x |
| 2023-12-31 | ₩495.62 | ₩902.00 | x |
| 2024-12-31 | ₩684.76 | ₩902.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iljin Display 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): 16.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.34%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 2.24x
- Recent ROE (16.05%) is above the historical average (-59.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 31.99% | 7.30% | 2.63x | 1.66x | ₩33.08 Billion |
| 2014 | 8.82% | 3.07% | 1.79x | 1.60x | ₩-1.87 Billion |
| 2015 | -18.04% | -7.55% | 1.41x | 1.69x | ₩-36.64 Billion |
| 2016 | -104.47% | -39.50% | 1.10x | 2.41x | ₩-73.07 Billion |
| 2017 | 21.25% | 6.99% | 1.50x | 2.03x | ₩9.30 Billion |
| 2018 | 2.05% | 0.80% | 1.30x | 1.96x | ₩-6.44 Billion |
| 2019 | -60.44% | -31.78% | 0.76x | 2.51x | ₩-35.44 Billion |
| 2020 | -130.55% | -55.41% | 0.59x | 4.01x | ₩-39.88 Billion |
| 2021 | -407.13% | -43.05% | 0.86x | 10.95x | ₩-44.74 Billion |
| 2022 | -11.28% | -2.62% | 1.06x | 4.05x | ₩-6.16 Billion |
| 2023 | -58.52% | -27.46% | 0.49x | 4.39x | ₩-17.47 Billion |
| 2024 | 16.05% | 6.34% | 1.13x | 2.24x | ₩2.13 Billion |
Industry Comparison
This section compares Iljin Display's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $218,334,830,115
- Average return on equity (ROE) among peers: 5.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Iljin Display (020760) | ₩30.46 Billion | 31.99% | 1.53x | $31.45 Million |
| YoungPoong (000670) | $471.92 Billion | 0.00% | 1.01x | $822.21 Million |
| Sam Hwa Capaci (001820) | $22.52 Billion | 31.89% | 1.98x | $467.29 Million |
| Samick Music I (002450) | $144.58 Billion | 1.50% | 1.43x | $64.41 Million |
| Hansol Technics (004710) | $34.25 Billion | 0.00% | 5.26x | $173.10 Million |
| Sunny Elec (004770) | $30.06 Billion | 0.40% | 0.10x | $43.99 Million |
| Samyoung Elec (005680) | $363.17 Billion | 5.47% | 0.12x | $197.81 Million |
| PJ Electronics Co. Ltd (006140) | $109.57 Billion | 4.53% | 0.33x | $71.73 Million |
| Isupetasys (007660) | $168.70 Billion | 12.06% | 1.02x | $7.48 Billion |
| Korea Circuit Co. Ltd. (007810) | $128.70 Billion | 2.46% | 0.61x | $1.51 Billion |
| Korea Circuit Co Ltd (007815) | $709.89 Billion | -5.16% | 0.74x | $43.40 Million |
About Iljin Display
Iljin Display Co., Ltd. engages in the manufacture and sale of IT components and materials in South Korea and internationally. The company offers touch screen, force touch, bio-metrics, and flexible touch panels, as well as sapphire wafers. Its touch screen panels are used in mobiles, tablet PCs, automotive electronics, home appliances, laptop PCs, and industrial applications; and sapphire wafers… Read more