INFAC Corporation
INFAC Corporation manufactures and sells automobile parts in South Korea and internationally. The company offers control cables, such as hood latch release, automatic and manual transmission shift, park brake, accelerator, fuel filler, shift lock, key interlock, manual park release, and high tension and spark plug cables, as well as flexible shafts for power seats and wiring harness products. It … Read more
INFAC Corporation (023810) - Net Assets
Latest net assets as of September 2025: ₩170.73 Billion KRW
Based on the latest financial reports, INFAC Corporation (023810) has net assets worth ₩170.73 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 (₩588.98 Billion) and total liabilities (₩418.25 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 | ₩170.73 Billion |
| % of Total Assets | 28.99% |
| Annual Growth Rate | 12.31% |
| 5-Year Change | 42.43% |
| 10-Year Change | 60.84% |
| Growth Volatility | 10.65 |
INFAC Corporation - Net Assets Trend (2007–2024)
This chart illustrates how INFAC Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for INFAC Corporation (2007–2024)
The table below shows the annual net assets of INFAC Corporation from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩162.98 Billion | +6.97% |
| 2023-12-31 | ₩152.35 Billion | +10.67% |
| 2022-12-31 | ₩137.66 Billion | +13.68% |
| 2021-12-31 | ₩121.10 Billion | +5.83% |
| 2020-12-31 | ₩114.42 Billion | +4.09% |
| 2019-12-31 | ₩109.93 Billion | -6.72% |
| 2018-12-31 | ₩117.84 Billion | +2.44% |
| 2017-12-31 | ₩115.03 Billion | +5.25% |
| 2016-12-31 | ₩109.29 Billion | +7.86% |
| 2015-12-31 | ₩101.33 Billion | +8.06% |
| 2014-12-31 | ₩93.77 Billion | +14.92% |
| 2013-12-31 | ₩81.60 Billion | +26.33% |
| 2012-12-31 | ₩64.59 Billion | +10.39% |
| 2011-12-31 | ₩58.51 Billion | +16.68% |
| 2010-12-31 | ₩50.15 Billion | +34.91% |
| 2009-12-31 | ₩37.17 Billion | +29.62% |
| 2008-12-31 | ₩28.68 Billion | +26.71% |
| 2007-12-31 | ₩22.63 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to INFAC Corporation'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 754.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩115.29 Billion | 92.64% |
| Other Components | ₩9.15 Billion | 7.36% |
| Total Equity | ₩124.45 Billion | 100.00% |
INFAC Corporation Competitors by Market Cap
The table below lists competitors of INFAC Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paseco Co. Ltd
KQ:037070
|
$25.50 Million |
|
Zenith Energy Ltd.
PINK:ZENAF
|
$25.50 Million |
|
20 Microns Limited
NSE:20MICRONS
|
$25.51 Million |
|
Marketwise Inc
NASDAQ:MKTW
|
$25.52 Million |
|
Innovative Food Hldg
OTCQB:IVFH
|
$25.48 Million |
|
Qleanair Holding AB
ST:QAIR
|
$25.46 Million |
|
Actic Group AB
ST:ATIC
|
$25.46 Million |
|
Projektengagemang Sweden AB (publ)
ST:PENG-B
|
$25.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in INFAC Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 120,290,384,180 to 124,446,024,340, a change of 4,155,640,160 (3.5%).
- Net income of 2,326,025,310 contributed positively to equity growth.
- Dividend payments of 2,495,000,000 reduced retained earnings.
- Other factors increased equity by 4,324,614,850.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.33 Billion | +1.87% |
| Dividends Paid | ₩2.50 Billion | -2.0% |
| Other Changes | ₩4.32 Billion | +3.48% |
| Total Change | ₩- | 3.45% |
Book Value vs Market Value Analysis
This analysis compares INFAC Corporation'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: 0.64x
- 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 3.56x to 0.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | ₩2251.46 | ₩8010.00 | x |
| 2008-12-31 | ₩2852.56 | ₩8010.00 | x |
| 2009-12-31 | ₩3532.46 | ₩8010.00 | x |
| 2010-12-31 | ₩4694.95 | ₩8010.00 | x |
| 2011-12-31 | ₩5805.80 | ₩8010.00 | x |
| 2012-12-31 | ₩6403.84 | ₩8010.00 | x |
| 2013-12-31 | ₩8095.84 | ₩8010.00 | x |
| 2014-12-31 | ₩9306.99 | ₩8010.00 | x |
| 2015-12-31 | ₩10062.87 | ₩8010.00 | x |
| 2016-12-31 | ₩10723.77 | ₩8010.00 | x |
| 2017-12-31 | ₩10077.51 | ₩8010.00 | x |
| 2018-12-31 | ₩10239.64 | ₩8010.00 | x |
| 2019-12-31 | ₩9377.05 | ₩8010.00 | x |
| 2020-12-31 | ₩9643.22 | ₩8010.00 | x |
| 2021-12-31 | ₩10106.79 | ₩8010.00 | x |
| 2022-12-31 | ₩11399.46 | ₩8010.00 | x |
| 2023-12-31 | ₩12029.04 | ₩8010.00 | x |
| 2024-12-31 | ₩12444.60 | ₩8010.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently INFAC Corporation 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): 1.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.41%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 4.47x
- Recent ROE (1.87%) is below the historical average (10.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 17.72% | 3.24% | 2.12x | 2.58x | ₩1.74 Billion |
| 2008 | 14.06% | 2.82% | 1.76x | 2.83x | ₩1.16 Billion |
| 2009 | 18.20% | 3.83% | 1.78x | 2.68x | ₩2.90 Billion |
| 2010 | 27.26% | 6.06% | 1.92x | 2.34x | ₩8.10 Billion |
| 2011 | 19.93% | 6.25% | 1.39x | 2.30x | ₩5.77 Billion |
| 2012 | 14.10% | 4.36% | 1.41x | 2.29x | ₩2.62 Billion |
| 2013 | 21.19% | 7.83% | 1.38x | 1.96x | ₩9.06 Billion |
| 2014 | 15.28% | 6.51% | 1.33x | 1.76x | ₩4.91 Billion |
| 2015 | 10.50% | 4.75% | 1.18x | 1.88x | ₩507.76 Million |
| 2016 | 8.70% | 3.99% | 1.16x | 1.88x | ₩-1.39 Billion |
| 2017 | -1.51% | -0.64% | 0.86x | 2.76x | ₩-11.60 Billion |
| 2018 | 1.62% | 0.47% | 1.23x | 2.78x | ₩-8.58 Billion |
| 2019 | -5.18% | -1.35% | 1.23x | 3.14x | ₩-14.23 Billion |
| 2020 | 5.91% | 1.48% | 1.20x | 3.31x | ₩-3.95 Billion |
| 2021 | 5.24% | 1.20% | 1.24x | 3.50x | ₩-4.81 Billion |
| 2022 | 11.58% | 2.58% | 1.25x | 3.61x | ₩1.80 Billion |
| 2023 | 9.24% | 2.05% | 1.12x | 4.01x | ₩-910.02 Million |
| 2024 | 1.87% | 0.41% | 1.01x | 4.47x | ₩-10.12 Billion |
Industry Comparison
This section compares INFAC Corporation's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $352,644,129,055
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| INFAC Corporation (023810) | ₩170.73 Billion | 17.72% | 2.45x | $25.49 Million |
| Daewonkangup (000430) | $587.30 Billion | 2.73% | 0.78x | $58.61 Million |
| SG Choongbang Co Ltd (001380) | $122.98 Billion | -4.51% | 0.52x | $17.60 Million |
| Tae Won Mulsan (001420) | $31.33 Billion | 0.26% | 0.19x | $5.77 Million |
| Dongkook Ind (001620) | $68.65 Billion | 0.00% | 0.75x | $25.09 Million |
| PS Tec. Co. Ltd (002230) | $75.04 Billion | 10.41% | 0.34x | $43.72 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $173.78 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $102.95 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $13.11 Million |
| Yoo Sung Ent (002920) | $295.14 Billion | -1.60% | 0.39x | $17.59 Million |
| Chin Yang Ind (003780) | $57.01 Billion | 14.90% | 0.58x | $24.34 Million |