Korea Eng Cons
Korea Engineering Consultants Corp. operates as a general construction engineering company in South Korea and internationally. The company offers plant engineering, general construction technology, design supervision, and surveying services. It also provides planning, feasibility studies, design, testing, analysis, supervision, evaluation, consulting, and guidance in various engineering fields, s… Read more
Korea Eng Cons (023350) - Net Assets
Latest net assets as of September 2025: ₩156.81 Billion KRW
Based on the latest financial reports, Korea Eng Cons (023350) has net assets worth ₩156.81 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 (₩393.06 Billion) and total liabilities (₩236.24 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 | ₩156.81 Billion |
| % of Total Assets | 39.9% |
| Annual Growth Rate | 2.22% |
| 5-Year Change | 13.93% |
| 10-Year Change | 29.05% |
| Growth Volatility | 13.81 |
Korea Eng Cons - Net Assets Trend (2013–2024)
This chart illustrates how Korea Eng Cons's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Korea Eng Cons (2013–2024)
The table below shows the annual net assets of Korea Eng Cons from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩156.66 Billion | +0.00% |
| 2023-12-31 | ₩156.66 Billion | +5.29% |
| 2022-12-31 | ₩148.80 Billion | +4.56% |
| 2021-12-31 | ₩142.30 Billion | +3.48% |
| 2020-12-31 | ₩137.51 Billion | +43.95% |
| 2019-12-31 | ₩95.53 Billion | -6.01% |
| 2018-12-31 | ₩101.64 Billion | -11.15% |
| 2017-12-31 | ₩114.38 Billion | -6.55% |
| 2016-12-31 | ₩122.40 Billion | +0.83% |
| 2015-12-31 | ₩121.40 Billion | -1.09% |
| 2014-12-31 | ₩122.74 Billion | -0.22% |
| 2013-12-31 | ₩123.00 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Korea Eng Cons'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 16.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩126.71 Billion | 80.88% |
| Other Components | ₩29.95 Billion | 19.12% |
| Total Equity | ₩156.66 Billion | 100.00% |
Korea Eng Cons Competitors by Market Cap
The table below lists competitors of Korea Eng Cons ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Norsemont Mining Inc
PINK:NRRSF
|
$13.84 Million |
|
Excelsior Biopharma
TWO:6496
|
$13.84 Million |
|
GSE Systems Inc
NASDAQ:GVP
|
$13.84 Million |
|
Yao I Fabric Co Ltd
TWO:4430
|
$13.85 Million |
|
HiTi Digital Inc
TW:3494
|
$13.84 Million |
|
Leclanche S.A. Reg.
LSE:0QP6
|
$13.84 Million |
|
Sonoro Gold Corp
OTCQB:SMOFF
|
$13.84 Million |
|
Crane Harbor Acquisition Corp.
NASDAQ:CHACR
|
$13.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korea Eng Cons's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 156,661,858,670 to 156,663,604,230, a change of 1,745,560 (0.0%).
- Net income of 6,227,110,540 contributed positively to equity growth.
- Dividend payments of 1,040,391,500 reduced retained earnings.
- Other factors decreased equity by 5,184,973,480.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.23 Billion | +3.97% |
| Dividends Paid | ₩1.04 Billion | -0.66% |
| Other Changes | ₩-5.18 Billion | -3.31% |
| Total Change | ₩- | 0.00% |
Book Value vs Market Value Analysis
This analysis compares Korea Eng Cons'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: 0.30x
- 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 0.43x to 0.30x 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 | ₩10445.97 | ₩4475.00 | x |
| 2018-12-31 | ₩9281.77 | ₩4475.00 | x |
| 2019-12-31 | ₩8723.99 | ₩4475.00 | x |
| 2020-12-31 | ₩13217.42 | ₩4475.00 | x |
| 2021-12-31 | ₩13677.55 | ₩4475.00 | x |
| 2022-12-31 | ₩14301.86 | ₩4475.00 | x |
| 2023-12-31 | ₩15057.97 | ₩4475.00 | x |
| 2024-12-31 | ₩15058.14 | ₩4475.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korea Eng Cons 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): 3.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.56%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 2.67x
- Recent ROE (3.97%) is above the historical average (1.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 4.40% | 3.17% | 0.82x | 1.69x | ₩-6.88 Billion |
| 2014 | 2.36% | 1.76% | 0.73x | 1.84x | ₩-9.38 Billion |
| 2015 | 0.97% | 0.64% | 0.82x | 1.86x | ₩-10.96 Billion |
| 2016 | 2.50% | 1.54% | 0.82x | 1.98x | ₩-9.18 Billion |
| 2017 | -6.83% | -3.92% | 0.86x | 2.02x | ₩-19.25 Billion |
| 2018 | -6.53% | -3.48% | 0.84x | 2.24x | ₩-16.80 Billion |
| 2019 | -3.72% | -1.62% | 0.79x | 2.89x | ₩-13.11 Billion |
| 2020 | 4.71% | 2.25% | 0.87x | 2.42x | ₩-7.28 Billion |
| 2021 | 7.76% | 4.11% | 0.79x | 2.39x | ₩-3.19 Billion |
| 2022 | 2.55% | 1.34% | 0.85x | 2.24x | ₩-11.08 Billion |
| 2023 | 8.52% | 3.54% | 0.99x | 2.43x | ₩-2.32 Billion |
| 2024 | 3.97% | 1.56% | 0.95x | 2.67x | ₩-9.44 Billion |
Industry Comparison
This section compares Korea Eng Cons's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $210,025,499,552
- Average return on equity (ROE) among peers: -156.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Korea Eng Cons (023350) | ₩156.81 Billion | 4.40% | 1.51x | $13.84 Million |
| Hyundai Engineering & Construction (000720) | $743.93 Billion | 10.45% | 5.60x | $4.83 Billion |
| Nam Kwang Cons (001260) | $66.30 Billion | 20.76% | 2.08x | $21.76 Million |
| Sambu Const (001470) | $7.67 Billion | -1665.61% | 38.17x | $52.59 Million |
| EE-HWA Construction Co. Ltd (001840) | $42.16 Billion | 3.35% | 0.94x | $11.71 Million |
| Dohwa Engin (002150) | $248.74 Billion | 5.55% | 0.51x | $63.10 Million |
| Bumyang Construction Co Ltd (002410) | $197.87 Billion | 1.56% | 1.59x | $28.08 Million |
| Hwa Sung Ind (002460) | $222.16 Billion | 11.63% | 1.93x | $48.66 Million |
| Chin Hung Int' (002780) | $78.80 Billion | 7.68% | 3.65x | $41.03 Million |
| Chinhung International Inc (002785) | $224.73 Billion | 22.05% | 1.01x | $172.54 Million |
| Chinhung International Inc. Pfd. Series 2 (002787) | $267.89 Billion | 16.91% | 1.14x | $432.23 Million |