MK Trend Co. Ltd. (069640) - Net Assets
Based on the latest financial reports, MK Trend Co. Ltd. (069640) has net assets worth ₩28.55 Billion KRW (≈ $19.35 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 (₩284.48 Billion ≈ $192.79 Million USD) and total liabilities (₩255.92 Billion ≈ $173.43 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 069640 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩28.55 Billion |
| % of Total Assets | 10.04% |
| Annual Growth Rate | -2.23% |
| 5-Year Change | -40.9% |
| 10-Year Change | -69.69% |
| Growth Volatility | 37.65 |
MK Trend Co. Ltd. - Net Assets Trend (2007–2024)
This chart illustrates how MK Trend Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore MK Trend Co. Ltd. total assets for the complete picture of this company's asset base.
Annual Net Assets for MK Trend Co. Ltd. (2007–2024)
The table below shows the annual net assets of MK Trend Co. Ltd. from 2007 to 2024. For live valuation and market cap data, see 069640 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩46.01 Billion ≈ $31.18 Million |
-47.59% |
| 2023-12-31 | ₩87.78 Billion ≈ $59.49 Million |
+127.24% |
| 2022-12-31 | ₩38.63 Billion ≈ $26.18 Million |
-17.69% |
| 2021-12-31 | ₩46.93 Billion ≈ $31.80 Million |
-39.71% |
| 2020-12-31 | ₩77.84 Billion ≈ $52.75 Million |
-22.63% |
| 2019-12-31 | ₩100.60 Billion ≈ $68.18 Million |
-32.26% |
| 2018-12-31 | ₩148.51 Billion ≈ $100.64 Million |
-6.35% |
| 2017-12-31 | ₩158.58 Billion ≈ $107.47 Million |
+1.85% |
| 2016-12-31 | ₩155.70 Billion ≈ $105.51 Million |
+2.57% |
| 2015-12-31 | ₩151.80 Billion ≈ $102.87 Million |
+2.63% |
| 2014-12-31 | ₩147.91 Billion ≈ $100.23 Million |
+2.99% |
| 2013-12-31 | ₩143.61 Billion ≈ $97.32 Million |
+4.82% |
| 2012-12-31 | ₩137.00 Billion ≈ $92.85 Million |
+5.35% |
| 2011-12-31 | ₩130.04 Billion ≈ $88.13 Million |
+41.45% |
| 2010-12-31 | ₩91.93 Billion ≈ $62.30 Million |
+16.44% |
| 2009-12-31 | ₩78.96 Billion ≈ $53.51 Million |
+16.83% |
| 2008-12-31 | ₩67.58 Billion ≈ $45.80 Million |
+0.18% |
| 2007-12-31 | ₩67.46 Billion ≈ $45.72 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to MK Trend 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 decreased by 186.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩102.11 Billion | 221.95% |
| Total Equity | ₩46.01 Billion | 100.00% |
MK Trend Co. Ltd. Competitors by Market Cap
The table below lists competitors of MK Trend Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RONSHINE CH.HLD.HD-00001
F:1R7
|
$19.02 Million |
|
Cocrystal Pharma Inc
NASDAQ:COCP
|
$19.02 Million |
|
Ozaurum Resources Ltd
AU:OZM
|
$19.03 Million |
|
Medifron DBT Co. Ltd
KQ:065650
|
$19.03 Million |
|
CLEAN TEQ WATER LTD
F:9NK
|
$19.02 Million |
|
AztechWB Co. Ltd
KQ:032080
|
$19.01 Million |
|
Chiangmai Frozen Foods Public Company Limited
BK:CM
|
$19.01 Million |
|
MDB Capital Holdings, LLC Class A common
NASDAQ:MDBH
|
$19.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MK Trend Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 87,783,290,830 to 46,006,391,750, a change of -41,776,899,080 (-47.6%).
- Net loss of 39,288,568,940 reduced equity.
- Other factors decreased equity by 2,488,330,140.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-39.29 Billion | -85.4% |
| Other Changes | ₩-2.49 Billion | -5.41% |
| Total Change | ₩- | -47.59% |
Book Value vs Market Value Analysis
This analysis compares MK Trend 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: 0.44x
- 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 increased from 0.08x to 0.44x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | ₩7962.67 | ₩666.00 | x |
| 2008-12-31 | ₩7980.61 | ₩666.00 | x |
| 2009-12-31 | ₩9319.13 | ₩666.00 | x |
| 2010-12-31 | ₩10851.54 | ₩666.00 | x |
| 2011-12-31 | ₩12404.77 | ₩666.00 | x |
| 2012-12-31 | ₩11317.93 | ₩666.00 | x |
| 2013-12-31 | ₩11255.68 | ₩666.00 | x |
| 2014-12-31 | ₩12435.78 | ₩666.00 | x |
| 2015-12-31 | ₩12005.45 | ₩666.00 | x |
| 2016-12-31 | ₩12075.78 | ₩666.00 | x |
| 2017-12-31 | ₩12323.56 | ₩666.00 | x |
| 2018-12-31 | ₩12221.07 | ₩666.00 | x |
| 2019-12-31 | ₩8908.94 | ₩666.00 | x |
| 2020-12-31 | ₩7122.00 | ₩666.00 | x |
| 2021-12-31 | ₩4294.41 | ₩666.00 | x |
| 2022-12-31 | ₩1408.19 | ₩666.00 | x |
| 2023-12-31 | ₩3199.44 | ₩666.00 | x |
| 2024-12-31 | ₩1509.95 | ₩666.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MK Trend 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): -85.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.33%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 5.84x
- Recent ROE (-85.40%) is below the historical average (-13.93%), 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 | 11.46% | 4.79% | 1.85x | 1.29x | ₩986.29 Million |
| 2008 | 1.56% | 0.66% | 1.63x | 1.45x | ₩-5.71 Billion |
| 2009 | 14.06% | 6.34% | 1.32x | 1.68x | ₩3.21 Billion |
| 2010 | 14.26% | 6.20% | 1.55x | 1.48x | ₩3.91 Billion |
| 2011 | 10.10% | 5.35% | 1.37x | 1.38x | ₩135.41 Million |
| 2012 | 6.86% | 3.62% | 1.50x | 1.26x | ₩-4.31 Billion |
| 2013 | 6.25% | 3.46% | 1.36x | 1.33x | ₩-5.38 Billion |
| 2014 | 1.23% | 0.69% | 1.37x | 1.29x | ₩-12.98 Billion |
| 2015 | 2.40% | 1.26% | 1.39x | 1.38x | ₩-11.53 Billion |
| 2016 | 3.22% | 1.57% | 1.39x | 1.48x | ₩-10.56 Billion |
| 2017 | 4.71% | 2.27% | 1.55x | 1.34x | ₩-8.39 Billion |
| 2018 | 2.70% | 1.24% | 1.57x | 1.38x | ₩-10.85 Billion |
| 2019 | -43.52% | -14.24% | 1.66x | 1.84x | ₩-53.84 Billion |
| 2020 | -29.56% | -10.45% | 1.47x | 1.92x | ₩-30.79 Billion |
| 2021 | -66.02% | -14.92% | 1.61x | 2.75x | ₩-35.68 Billion |
| 2022 | -97.75% | -13.91% | 1.21x | 5.82x | ₩-41.63 Billion |
| 2023 | -7.33% | -2.03% | 1.18x | 3.06x | ₩-15.21 Billion |
| 2024 | -85.40% | -15.33% | 0.95x | 5.84x | ₩-43.89 Billion |
Industry Comparison
This section compares MK Trend Co. Ltd.'s net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $554,535,743,553
- Average return on equity (ROE) among peers: 2.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MK Trend Co. Ltd. (069640) | ₩28.55 Billion | 11.46% | 8.96x | $19.02 Million |
| BYC Co. Ltd (001460) | $534.92 Billion | 4.43% | 0.28x | $212.41 Million |
| BYC Co Ltd (001465) | $549.41 Billion | 3.35% | 0.27x | $47.86 Million |
| Vivien Corp (002070) | $124.91 Billion | 3.35% | 0.23x | $327.51 Million |
| SG Corporation (004060) | $170.61 Billion | 0.00% | 0.52x | $65.59 Million |
| Kuk Dong (005320) | $27.63 Billion | 0.00% | 3.34x | $26.80 Million |
| Shinsung Tngsn (005390) | $207.88 Billion | 2.77% | 1.65x | $399.30 Million |
| Shinyoung Waco (005800) | $271.75 Billion | 2.17% | 0.12x | $91.98 Million |
| F&F Holdings Co. Ltd (007700) | $3.37 Trillion | 3.17% | 0.20x | $508.36 Million |
| Pan-Pacific (007980) | $161.11 Billion | 1.50% | 2.52x | $69.18 Million |
| Willbes (008600) | $127.25 Billion | 4.65% | 0.47x | $116.83 Million |
About MK Trend Co. Ltd.
Hansaemk Co.,Ltd. manufactures and sells women's, men's, and kid's casual clothes and golf wear in South Korea and internationally. The company sells its products under the NBA, BUCKAROO, CURLYSUE, MOIMOLN, PLAYKIZ-PRO, NBA KIDS, LEVI'S KIDS, and PGA TOUR & LPGA brands. The company was formerly known as MK Trend Co., Ltd. and changed its name to Hansaemk Co.,Ltd. in August 2017. Hansaemk Co.,Ltd.… Read more