Chasys (033250) - Net Assets
Based on the latest financial reports, Chasys (033250) has net assets worth ₩42.82 Billion KRW (≈ $29.02 Million USD) 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 ≈ $56.20 Million USD) and total liabilities (₩40.12 Billion ≈ $27.19 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 asset resilience ratio of Chasys to evaluate the company's liquid asset resilience ratio.
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. Also explore 033250 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Chasys (2012–2025)
The table below shows the annual net assets of Chasys from 2012 to 2025. For live valuation and market cap data, see Chasys stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ₩38.65 Billion ≈ $26.19 Million |
+16.26% |
| 2024-06-30 | ₩33.24 Billion ≈ $22.53 Million |
+7.37% |
| 2023-06-30 | ₩30.96 Billion ≈ $20.98 Million |
+8.11% |
| 2022-06-30 | ₩28.64 Billion ≈ $19.41 Million |
-13.95% |
| 2021-06-30 | ₩33.28 Billion ≈ $22.55 Million |
+45.38% |
| 2020-06-30 | ₩22.89 Billion ≈ $15.51 Million |
-14.28% |
| 2019-06-30 | ₩26.70 Billion ≈ $18.10 Million |
-6.18% |
| 2018-06-30 | ₩28.46 Billion ≈ $19.29 Million |
-3.38% |
| 2017-06-30 | ₩29.46 Billion ≈ $19.96 Million |
-13.03% |
| 2016-06-30 | ₩33.87 Billion ≈ $22.95 Million |
+35.29% |
| 2015-06-30 | ₩25.03 Billion ≈ $16.97 Million |
-0.62% |
| 2014-06-30 | ₩25.19 Billion ≈ $17.07 Million |
-21.95% |
| 2013-06-30 | ₩32.28 Billion ≈ $21.87 Million |
-2.71% |
| 2012-06-30 | ₩33.17 Billion ≈ $22.48 Million |
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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 |
|---|---|
|
IWG PLC
LSE:IWG
|
$21.66 Million |
|
Euro Holdings Bhd
KLSE:7208
|
$21.67 Million |
|
Advicenne
PA:ALDVI
|
$21.67 Million |
|
Galileo Mining Ltd
AU:GAL
|
$21.67 Million |
|
Green River Holding Co Ltd
TWO:8444
|
$21.65 Million |
|
Bcal Diagnostics Ltd
AU:BDX
|
$21.65 Million |
|
Puma Exploration Inc
V:PUMA
|
$21.65 Million |
|
Zuleika Gold Ltd
AU:ZAG
|
$21.64 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: 0.83x
- 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 | ₩999.00 | x |
| 2018-06-30 | ₩1094.61 | ₩999.00 | x |
| 2019-06-30 | ₩1027.01 | ₩999.00 | x |
| 2020-06-30 | ₩880.36 | ₩999.00 | x |
| 2021-06-30 | ₩1039.90 | ₩999.00 | x |
| 2022-06-30 | ₩894.88 | ₩999.00 | x |
| 2023-06-30 | ₩967.49 | ₩999.00 | x |
| 2024-06-30 | ₩1038.82 | ₩999.00 | x |
| 2025-06-30 | ₩1207.74 | ₩999.00 | 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: $565,000,713,308
- Average return on equity (ROE) among peers: 2.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chasys (033250) | ₩42.82 Billion | 14.11% | 0.94x | $21.66 Million |
| Hankook Tire Worldwide (000240) | $1.77 Trillion | -1.14% | 2.04x | $1.60 Billion |
| Daewonkangup (000430) | $111.59 Billion | 3.26% | 1.76x | $183.40 Million |
| SG Choongbang Co Ltd (001380) | $26.46 Billion | 0.00% | 8.99x | $33.46 Million |
| Tae Won Mulsan (001420) | $32.20 Billion | 1.67% | 0.19x | $15.16 Million |
| Dongkook Ind (001620) | $170.07 Billion | -12.97% | 2.34x | $48.42 Million |
| PS Tec. Co. Ltd (002230) | $42.65 Billion | 9.95% | 0.26x | $112.51 Million |
| Nexen Tire (002350) | $1.60 Trillion | 0.30% | 1.39x | $484.20 Million |
| Nexen Tire Prf 1 (002355) | $1.56 Trillion | 7.59% | 1.21x | $19.07 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $31.63 Million |
| Yoo Sung Ent (002920) | $289.11 Billion | 3.03% | 0.31x | $33.27 Million |
About 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