I Controls Inc (039570) - Net Assets
Based on the latest financial reports, I Controls Inc (039570) has net assets worth ₩262.69 Billion KRW (≈ $178.02 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 (₩427.34 Billion ≈ $289.60 Million USD) and total liabilities (₩164.65 Billion ≈ $111.58 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 039570 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩262.69 Billion |
| % of Total Assets | 61.47% |
| Annual Growth Rate | 15.47% |
| 5-Year Change | 63.2% |
| 10-Year Change | 67.71% |
| Growth Volatility | 47.49 |
I Controls Inc - Net Assets Trend (2014–2024)
This chart illustrates how I Controls Inc's net assets have evolved over time, based on quarterly financial data. Also explore I Controls Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for I Controls Inc (2014–2024)
The table below shows the annual net assets of I Controls Inc from 2014 to 2024. For live valuation and market cap data, see how much is I Controls Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩267.51 Billion ≈ $181.28 Million |
+3.48% |
| 2023-12-31 | ₩258.52 Billion ≈ $175.20 Million |
-0.77% |
| 2022-12-31 | ₩260.52 Billion ≈ $176.55 Million |
-1.99% |
| 2021-12-31 | ₩265.81 Billion ≈ $180.13 Million |
+62.17% |
| 2020-12-31 | ₩163.91 Billion ≈ $111.08 Million |
-2.80% |
| 2019-12-31 | ₩168.63 Billion ≈ $114.28 Million |
-18.78% |
| 2018-12-31 | ₩207.63 Billion ≈ $140.71 Million |
+5.53% |
| 2017-12-31 | ₩196.75 Billion ≈ $133.34 Million |
+11.90% |
| 2016-12-31 | ₩175.83 Billion ≈ $119.15 Million |
+10.23% |
| 2015-12-31 | ₩159.50 Billion ≈ $108.09 Million |
+151.27% |
| 2014-12-31 | ₩63.48 Billion ≈ $43.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to I Controls Inc'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 51.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩97.61 Billion | 36.67% |
| Other Components | ₩168.57 Billion | 63.33% |
| Total Equity | ₩266.18 Billion | 100.00% |
I Controls Inc Competitors by Market Cap
The table below lists competitors of I Controls Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BlackRock Long-Term Municipal Advantage Trust
NYSE:BTA
|
$130.64 Million |
|
Motorcycle Holdings Ltd
AU:MTO
|
$130.66 Million |
|
7C Solarparken AG
XETRA:HRPK
|
$130.67 Million |
|
Horizon Copper Corp.
V:HCU
|
$130.74 Million |
|
Reward Wool Industry Corp
TW:1423
|
$130.60 Million |
|
Yen Sun Technology
TWO:6275
|
$130.59 Million |
|
Rupa & Company Limited
NSE:RUPA
|
$130.57 Million |
|
Hanpin Electron Co Ltd
TW:2488
|
$130.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in I Controls Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 258,521,102,490 to 266,183,274,250, a change of 7,662,171,760 (3.0%).
- Net income of 18,975,535,060 contributed positively to equity growth.
- Dividend payments of 10,200,217,500 reduced retained earnings.
- Share repurchases of 912,170 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩18.98 Billion | +7.13% |
| Dividends Paid | ₩10.20 Billion | -3.83% |
| Share Repurchases | ₩912.17K | -0.0% |
| Other Changes | ₩-1.11 Billion | -0.42% |
| Total Change | ₩- | 2.96% |
Book Value vs Market Value Analysis
This analysis compares I Controls Inc'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: 0.72x
- 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 |
|---|---|---|---|
| 2017-12-31 | ₩11953.28 | ₩8390.00 | x |
| 2018-12-31 | ₩12613.97 | ₩8390.00 | x |
| 2019-12-31 | ₩10244.65 | ₩8390.00 | x |
| 2020-12-31 | ₩10866.08 | ₩8390.00 | x |
| 2021-12-31 | ₩11102.16 | ₩8390.00 | x |
| 2022-12-31 | ₩11339.42 | ₩8390.00 | x |
| 2023-12-31 | ₩11252.55 | ₩8390.00 | x |
| 2024-12-31 | ₩11586.11 | ₩8390.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently I Controls Inc 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): 7.13%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.02%
- • Asset Turnover: 1.44x
- • Equity Multiplier: 1.65x
- Recent ROE (7.13%) is below the historical average (7.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 9.80% | 4.72% | 0.99x | 2.09x | ₩-129.92 Million |
| 2015 | 8.84% | 8.08% | 0.80x | 1.37x | ₩-1.84 Billion |
| 2016 | 10.73% | 9.98% | 0.79x | 1.37x | ₩1.28 Billion |
| 2017 | 12.08% | 9.00% | 0.96x | 1.40x | ₩4.08 Billion |
| 2018 | 11.67% | 8.91% | 0.94x | 1.40x | ₩3.48 Billion |
| 2019 | -3.50% | -2.34% | 1.06x | 1.41x | ₩-22.76 Billion |
| 2020 | 9.56% | 6.02% | 1.19x | 1.33x | ₩-722.23 Million |
| 2021 | 3.42% | 3.31% | 0.67x | 1.55x | ₩-17.49 Billion |
| 2022 | 4.77% | 2.04% | 1.60x | 1.47x | ₩-13.62 Billion |
| 2023 | 5.09% | 2.17% | 1.58x | 1.48x | ₩-12.69 Billion |
| 2024 | 7.13% | 3.02% | 1.44x | 1.65x | ₩-7.64 Billion |
Industry Comparison
This section compares I Controls Inc'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 |
|---|---|---|---|---|
| I Controls Inc (039570) | ₩262.69 Billion | 9.80% | 0.63x | $130.63 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 I Controls Inc
HDC Labs Co., Ltd. engages in the design, manufacture, installation, and maintenance of systems for building control, industrial process control, and information processing in South Korea, Southeast Asia, and the Middle East. The company offers smart home systems, including home control systems, smart LED lighting, connected systems (DC distribution), smart parking systems, and home ventilation. … Read more