Kook Soon Dang Co. Ltd.
Kook Soon Dang Co. Ltd. operates in Diversified Metals & Mining.
Kook Soon Dang Co. Ltd. (043650) - Net Assets
Latest net assets as of June 2024: ₩234.09 Billion KRW
Based on the latest financial reports, Kook Soon Dang Co. Ltd. (043650) has net assets worth ₩234.09 Billion KRW as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩251.42 Billion) and total liabilities (₩17.34 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 | ₩234.09 Billion |
| % of Total Assets | 93.1% |
| Annual Growth Rate | 2.27% |
| 5-Year Change | 10.8% |
| 10-Year Change | N/A |
| Growth Volatility | 7.24 |
Kook Soon Dang Co. Ltd. - Net Assets Trend (2016–2023)
This chart illustrates how Kook Soon Dang Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kook Soon Dang Co. Ltd. (2016–2023)
The table below shows the annual net assets of Kook Soon Dang Co. Ltd. from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ₩227.09 Billion | -3.10% |
| 2022-12-31 | ₩234.35 Billion | -3.49% |
| 2021-12-31 | ₩242.82 Billion | +9.13% |
| 2020-12-31 | ₩222.50 Billion | +8.56% |
| 2019-12-31 | ₩204.96 Billion | -4.97% |
| 2018-12-31 | ₩215.68 Billion | -2.64% |
| 2017-12-31 | ₩221.54 Billion | +14.18% |
| 2016-12-31 | ₩194.02 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kook Soon Dang Co. Ltd.'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 24.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩194.50 Billion | 86.45% |
| Other Components | ₩30.47 Billion | 13.55% |
| Total Equity | ₩224.97 Billion | 100.00% |
Kook Soon Dang Co. Ltd. Competitors by Market Cap
The table below lists competitors of Kook Soon Dang Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ezz Steel
EGX:ESRS
|
$25.28K |
|
CAM Group Inc
PINK:CAMG
|
$25.30K |
|
SAMARKAND GROUP PLC LS-01
F:7FX
|
$25.32K |
|
IREN (TZ8.SG)
STU:TZ8
|
$25.35K |
|
SECHABA BREWERY HOLDINGS LIMITED
XBOT:SECH-EQO
|
$25.25K |
|
MARTIFER
BE:FRW
|
$25.25K |
|
NETCO
VN:NET
|
$25.24K |
|
Viscount Systems Inc
PINK:VSYS
|
$25.24K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kook Soon Dang Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 232,257,153,230 to 224,971,503,960, a change of -7,285,649,270 (-3.1%).
- Net loss of 3,898,018,000 reduced equity.
- Dividend payments of 3,305,497,860 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-3.90 Billion | -1.73% |
| Dividends Paid | ₩3.31 Billion | -1.47% |
| Other Changes | ₩-82.13 Million | -0.04% |
| Total Change | ₩- | -3.14% |
Book Value vs Market Value Analysis
This analysis compares Kook Soon Dang Co. Ltd.'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: 0.29x
- 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 | ₩12323.75 | ₩4100.00 | x |
| 2018-12-31 | ₩12025.88 | ₩4100.00 | x |
| 2019-12-31 | ₩11906.00 | ₩4100.00 | x |
| 2020-12-31 | ₩14017.62 | ₩4100.00 | x |
| 2021-12-31 | ₩15298.06 | ₩4100.00 | x |
| 2022-12-31 | ₩14755.42 | ₩4100.00 | x |
| 2023-12-31 | ₩14292.56 | ₩4100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kook Soon Dang Co. Ltd. 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): -1.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.53%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.09x
- Recent ROE (-1.73%) is below the historical average (1.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -1.40% | -3.80% | 0.33x | 1.12x | ₩-21.60 Billion |
| 2017 | 4.57% | 15.82% | 0.26x | 1.11x | ₩-11.79 Billion |
| 2018 | -1.28% | -4.40% | 0.26x | 1.13x | ₩-23.91 Billion |
| 2019 | -2.54% | -4.99% | 0.40x | 1.26x | ₩-25.12 Billion |
| 2020 | 8.48% | 35.32% | 0.22x | 1.11x | ₩-3.36 Billion |
| 2021 | 8.95% | 33.03% | 0.24x | 1.11x | ₩-2.53 Billion |
| 2022 | -2.00% | -6.22% | 0.29x | 1.09x | ₩-27.87 Billion |
| 2023 | -1.73% | -5.53% | 0.29x | 1.09x | ₩-26.40 Billion |
Industry Comparison
This section compares Kook Soon Dang Co. Ltd.'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $88,575,337,293
- Average return on equity (ROE) among peers: -26.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kook Soon Dang Co. Ltd. (043650) | ₩234.09 Billion | -1.40% | 0.07x | $25.25K |
| Kukyoung G&M (006050) | $51.01 Billion | -2.56% | 0.37x | $8.37K |
| Kossen Co Ltd (009730) | $14.31 Billion | -212.62% | 2.32x | $3.71K |
| Haansoft (030520) | $549.72 Billion | 3.28% | 0.54x | $147.64K |
| BIT Computer (032850) | $54.93 Billion | 11.85% | 0.29x | $31.44K |
| Plumb Fast Co (035200) | $29.09 Billion | 11.02% | 0.35x | $21.53K |
| A-Frontier Co. Ltd. (036180) | $25.85 Billion | 16.56% | 0.27x | $3.84K |
| Infraware (041020) | $36.71 Billion | -39.68% | 0.21x | $29.45K |
| Stcube (052020) | $38.70 Billion | -27.66% | 0.51x | $49.27K |
| Fourth-Link Inc. (056730) | $-3.13 Billion | 0.00% | 0.00x | $2.96K |