Kumho Tire (073240) - Net Assets
Based on the latest financial reports, Kumho Tire (073240) has net assets worth ₩2.67 Trillion KRW (≈ $1.81 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩6.37 Trillion ≈ $4.31 Billion USD) and total liabilities (₩3.70 Trillion ≈ $2.51 Billion 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 Kumho Tire (073240) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩2.67 Trillion |
| % of Total Assets | 41.87% |
| Annual Growth Rate | 6.21% |
| 5-Year Change | 74.69% |
| 10-Year Change | 84.39% |
| Growth Volatility | 143.7 |
Kumho Tire - Net Assets Trend (2004–2025)
This chart illustrates how Kumho Tire's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 073240 market cap overview.
Annual Net Assets for Kumho Tire (2004–2025)
The table below shows the annual net assets of Kumho Tire from 2004 to 2025. Also explore how fast is Kumho Tire growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩2.24 Trillion ≈ $1.52 Billion |
+17.53% |
| 2024-12-31 | ₩1.90 Trillion ≈ $1.29 Billion |
+36.15% |
| 2023-12-31 | ₩1.40 Trillion ≈ $948.12 Million |
+12.41% |
| 2022-12-31 | ₩1.24 Trillion ≈ $843.42 Million |
-2.89% |
| 2021-12-31 | ₩1.28 Trillion ≈ $868.50 Million |
+9.76% |
| 2020-12-31 | ₩1.17 Trillion ≈ $791.26 Million |
-9.67% |
| 2019-12-31 | ₩1.29 Trillion ≈ $876.00 Million |
-3.66% |
| 2018-12-31 | ₩1.34 Trillion ≈ $909.27 Million |
+44.42% |
| 2017-12-31 | ₩929.05 Billion ≈ $629.60 Million |
-23.48% |
| 2016-12-31 | ₩1.21 Trillion ≈ $822.77 Million |
-3.71% |
| 2015-12-31 | ₩1.26 Trillion ≈ $854.42 Million |
-4.92% |
| 2014-12-31 | ₩1.33 Trillion ≈ $898.61 Million |
+16.50% |
| 2013-12-31 | ₩1.14 Trillion ≈ $771.34 Million |
+22.37% |
| 2012-12-31 | ₩930.12 Billion ≈ $630.33 Million |
+63.32% |
| 2011-12-31 | ₩569.50 Billion ≈ $385.94 Million |
+31.00% |
| 2010-12-31 | ₩434.75 Billion ≈ $294.62 Million |
+666.14% |
| 2009-12-31 | ₩56.74 Billion ≈ $38.46 Million |
-93.72% |
| 2008-12-31 | ₩902.89 Billion ≈ $611.87 Million |
+6.67% |
| 2007-12-31 | ₩846.42 Billion ≈ $573.60 Million |
-5.38% |
| 2006-12-31 | ₩894.51 Billion ≈ $606.19 Million |
-9.16% |
| 2005-12-31 | ₩984.73 Billion ≈ $667.34 Million |
+55.96% |
| 2004-12-31 | ₩631.42 Billion ≈ $427.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kumho Tire'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 1.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩122.17 Billion | 6.02% |
| Other Components | ₩1.91 Trillion | 93.98% |
| Total Equity | ₩2.03 Trillion | 100.00% |
Kumho Tire Competitors by Market Cap
The table below lists competitors of Kumho Tire ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Omada Health, Inc. Common Stock
NASDAQ:OMDA
|
$1.31 Billion |
|
Nuvoco Vistas Corporation Limited
NSE:NUVOCO
|
$1.31 Billion |
|
China National Electric Apparatus R
SHG:688128
|
$1.31 Billion |
|
Wuxi Boton Technology Co Ltd
SHE:300031
|
$1.31 Billion |
|
i-80 Gold Corp.
NYSE MKT:IAUX
|
$1.31 Billion |
|
JM Financial Limited
NSE:JMFINANCIL
|
$1.31 Billion |
|
Youngone Holdi
KO:009970
|
$1.31 Billion |
|
Huapont Life Sciences Co Ltd
SHE:002004
|
$1.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kumho Tire's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,720,557,575,370 to 2,029,382,614,830, a change of 308,825,039,460 (17.9%).
- Net income of 347,392,549,360 contributed positively to equity growth.
- Other factors decreased equity by 38,567,509,900.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩347.39 Billion | +17.12% |
| Other Changes | ₩-38.57 Billion | -1.9% |
| Total Change | ₩- | 17.95% |
Book Value vs Market Value Analysis
This analysis compares Kumho Tire'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: 0.95x
- 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 decreased from 1.19x to 0.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩5666.76 | ₩6720.00 | x |
| 2018-12-31 | ₩4670.79 | ₩6720.00 | x |
| 2019-12-31 | ₩4499.87 | ₩6720.00 | x |
| 2020-12-31 | ₩4064.59 | ₩6720.00 | x |
| 2021-12-31 | ₩4083.42 | ₩6720.00 | x |
| 2022-12-31 | ₩3920.20 | ₩6720.00 | x |
| 2023-12-31 | ₩4401.47 | ₩6720.00 | x |
| 2024-12-31 | ₩5989.54 | ₩6720.00 | x |
| 2025-12-31 | ₩7064.61 | ₩6720.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kumho Tire 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): 17.12%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.39%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.73x
- Recent ROE (17.12%) is above the historical average (3.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 15.21% | 5.04% | 0.85x | 3.56x | ₩31.23 Billion |
| 2005 | 10.15% | 4.87% | 0.69x | 3.01x | ₩1.44 Billion |
| 2012 | 15.26% | 3.04% | 0.85x | 5.90x | ₩42.63 Billion |
| 2013 | 9.38% | 2.58% | 0.78x | 4.65x | ₩-6.28 Billion |
| 2014 | 10.72% | 3.77% | 0.72x | 3.97x | ₩8.65 Billion |
| 2015 | -6.07% | -2.28% | 0.58x | 4.57x | ₩-183.65 Billion |
| 2016 | -3.27% | -1.22% | 0.58x | 4.65x | ₩-146.26 Billion |
| 2017 | -14.05% | -4.37% | 0.63x | 5.07x | ₩-215.33 Billion |
| 2018 | -13.69% | -7.18% | 0.61x | 3.15x | ₩-317.91 Billion |
| 2019 | -3.36% | -1.83% | 0.60x | 3.04x | ₩-172.67 Billion |
| 2020 | -7.10% | -3.82% | 0.56x | 3.29x | ₩-199.70 Billion |
| 2021 | -6.07% | -2.74% | 0.60x | 3.70x | ₩-188.45 Billion |
| 2022 | -7.01% | -2.22% | 0.76x | 4.17x | ₩-191.59 Billion |
| 2023 | 12.48% | 3.90% | 0.84x | 3.82x | ₩31.34 Billion |
| 2024 | 18.88% | 7.17% | 0.85x | 3.12x | ₩152.82 Billion |
| 2025 | 17.12% | 7.39% | 0.85x | 2.73x | ₩144.45 Billion |
Industry Comparison
This section compares Kumho Tire's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $572,124,506,489
- Average return on equity (ROE) among peers: 4.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kumho Tire (073240) | ₩2.67 Trillion | 15.21% | 1.39x | $1.31 Billion |
| Hankook Tire Worldwide (000240) | $1.56 Trillion | 10.58% | 1.11x | $1.58 Billion |
| Daewonkangup (000430) | $129.40 Billion | 11.70% | 1.36x | $210.92 Million |
| SG Choongbang Co Ltd (001380) | $123.61 Billion | 1.86% | 0.59x | $35.68 Million |
| Tae Won Mulsan (001420) | $31.38 Billion | 2.60% | 0.35x | $14.57 Million |
| Dongkook Ind (001620) | $180.38 Billion | 2.32% | 2.07x | $165.17 Million |
| PS Tec. Co. Ltd (002230) | $61.73 Billion | 10.69% | 0.37x | $53.87 Million |
| Nexen Tire (002350) | $1.70 Trillion | 6.03% | 1.48x | $364.29 Million |
| Nexen Tire Prf 1 (002355) | $1.55 Trillion | -1.09% | 1.29x | $17.36 Million |
| Dayou A-Tech (002880) | $210.58 Billion | 1.25% | 3.26x | $109.17 Million |
| Yoo Sung Ent (002920) | $170.85 Billion | 3.47% | 0.31x | $32.31 Million |
About Kumho Tire
Kumho Tire Co., Inc., engages in the manufacture and sale of tires in South Korea, Europe, North America, Central and South America, Asia, and internationally. It offers tires for passenger cars, SUV and van, and truck and bus, as well as specialty, winter, competition, and Zetum tires. The company was founded in 1960 and is headquartered in Gwangju-si, South Korea.