Chasys
CHASYS Co., Ltd. manufactures and sells automotive chassis systems and rear axles in South Korea and internationally. It offers front suspension systems, such as sub frames, center members, and impact beams; rear suspension systems, including modules, axles, and crossmembers; arms/links; and trailer hitches and other products. The company was formerly known as Samlip Precision Co., Ltd. and chang… Read more
Chasys (033250) - Net Assets
Latest net assets as of September 2025: ₩42.82 Billion KRW
Based on the latest financial reports, Chasys (033250) has net assets worth ₩42.82 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 (₩82.94 Billion) and total liabilities (₩40.12 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 | ₩42.82 Billion |
| % of Total Assets | 51.63% |
| Annual Growth Rate | 1.18% |
| 5-Year Change | 16.14% |
| 10-Year Change | 14.11% |
| Growth Volatility | 19.0 |
Chasys - Net Assets Trend (2012–2025)
This chart illustrates how Chasys's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chasys (2012–2025)
The table below shows the annual net assets of Chasys from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ₩38.65 Billion | +16.26% |
| 2024-06-30 | ₩33.24 Billion | +7.37% |
| 2023-06-30 | ₩30.96 Billion | +8.11% |
| 2022-06-30 | ₩28.64 Billion | -13.95% |
| 2021-06-30 | ₩33.28 Billion | +45.38% |
| 2020-06-30 | ₩22.89 Billion | -14.28% |
| 2019-06-30 | ₩26.70 Billion | -6.18% |
| 2018-06-30 | ₩28.46 Billion | -3.38% |
| 2017-06-30 | ₩29.46 Billion | -13.03% |
| 2016-06-30 | ₩33.87 Billion | +35.29% |
| 2015-06-30 | ₩25.03 Billion | -0.62% |
| 2014-06-30 | ₩25.19 Billion | -21.95% |
| 2013-06-30 | ₩32.28 Billion | -2.71% |
| 2012-06-30 | ₩33.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chasys'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 580831541000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩44.46 Billion | 115.03% |
| Total Equity | ₩38.65 Billion | 100.00% |
Chasys Competitors by Market Cap
The table below lists competitors of Chasys ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Neuroscientific Biopharmaceuticals Ltd
AU:NSB
|
$12.87 Million |
|
SKB Shutters Corporation Bhd
KLSE:7115
|
$12.88 Million |
|
Quartiers Properties AB (publ)
ST:QUART-PREF
|
$12.88 Million |
|
Shin Poong Pap
KO:002870
|
$12.88 Million |
|
Schweizer Electronic AG
F:SCE
|
$12.85 Million |
|
Vaso Corp
OTCQB:VASO
|
$12.84 Million |
|
CREIGHTONS LS-20
F:5K8
|
$12.84 Million |
|
Steakholder Foods Ltd
NASDAQ:STKH
|
$12.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chasys's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 33,242,089,290 to 38,647,779,310, a change of 5,405,690,020 (16.3%).
- Net income of 6,073,917,970 contributed positively to equity growth.
- Other factors decreased equity by 668,227,950.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.07 Billion | +15.72% |
| Other Changes | ₩-668.23 Million | -1.73% |
| Total Change | ₩- | 16.26% |
Book Value vs Market Value Analysis
This analysis compares Chasys'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: 0.76x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | ₩1132.94 | ₩923.00 | x |
| 2018-06-30 | ₩1094.61 | ₩923.00 | x |
| 2019-06-30 | ₩1027.01 | ₩923.00 | x |
| 2020-06-30 | ₩880.36 | ₩923.00 | x |
| 2021-06-30 | ₩1039.90 | ₩923.00 | x |
| 2022-06-30 | ₩894.88 | ₩923.00 | x |
| 2023-06-30 | ₩967.49 | ₩923.00 | x |
| 2024-06-30 | ₩1038.82 | ₩923.00 | x |
| 2025-06-30 | ₩1207.74 | ₩923.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chasys 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): 15.72%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.73%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 2.15x
- Recent ROE (15.72%) is above the historical average (-6.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 14.11% | 4.28% | 1.19x | 2.76x | ₩1.36 Billion |
| 2014 | -29.61% | -9.99% | 0.84x | 3.54x | ₩-9.98 Billion |
| 2015 | -18.49% | -7.89% | 0.68x | 3.45x | ₩-7.13 Billion |
| 2016 | -1.26% | -0.82% | 0.57x | 2.69x | ₩-3.82 Billion |
| 2017 | -14.21% | -7.48% | 0.66x | 2.88x | ₩-7.13 Billion |
| 2018 | -6.43% | -2.74% | 0.73x | 3.20x | ₩-4.68 Billion |
| 2019 | -13.85% | -6.65% | 0.63x | 3.32x | ₩-6.37 Billion |
| 2020 | -17.52% | -7.99% | 0.64x | 3.44x | ₩-6.30 Billion |
| 2021 | -6.95% | -5.39% | 0.53x | 2.44x | ₩-5.64 Billion |
| 2022 | -16.39% | -14.30% | 0.43x | 2.65x | ₩-7.56 Billion |
| 2023 | -1.25% | -0.64% | 0.72x | 2.72x | ₩-3.48 Billion |
| 2024 | 9.92% | 6.73% | 0.54x | 2.72x | ₩-27.44 Million |
| 2025 | 15.72% | 6.73% | 1.09x | 2.15x | ₩2.21 Billion |
Industry Comparison
This section compares Chasys's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $362,969,558,097
- Average return on equity (ROE) among peers: 3.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chasys (033250) | ₩42.82 Billion | 14.11% | 0.94x | $12.86 Million |
| Daewonkangup (000430) | $315.75 Billion | 1.97% | 1.28x | $58.39 Million |
| SG Choongbang Co Ltd (001380) | $26.46 Billion | 0.00% | 8.99x | $17.79 Million |
| Tae Won Mulsan (001420) | $31.76 Billion | 2.13% | 0.37x | $5.90 Million |
| Dongkook Ind (001620) | $196.05 Billion | 3.88% | 2.17x | $25.81 Million |
| PS Tec. Co. Ltd (002230) | $49.78 Billion | 10.24% | 0.22x | $43.72 Million |
| Nexen Tire (002350) | $1.60 Trillion | -1.74% | 1.47x | $179.05 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $106.79 Million |
| Dayou A-Tech (002880) | $170.34 Billion | -17.90% | 4.22x | $13.07 Million |
| Yoo Sung Ent (002920) | $161.80 Billion | 8.25% | 0.37x | $17.62 Million |
| Chin Yang Ind (003780) | $47.47 Billion | 13.06% | 0.64x | $24.26 Million |