ENPlus Co Ltd (074610) - Net Assets
Based on the latest financial reports, ENPlus Co Ltd (074610) has net assets worth ₩19.89 Billion KRW (≈ $13.48 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 (₩53.05 Billion ≈ $35.95 Million USD) and total liabilities (₩33.16 Billion ≈ $22.47 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 ENPlus Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩19.89 Billion |
| % of Total Assets | 37.5% |
| Annual Growth Rate | -3.21% |
| 5-Year Change | -86.56% |
| 10-Year Change | -11.62% |
| Growth Volatility | 61.11 |
ENPlus Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how ENPlus Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 074610 total assets for the complete picture of this company's asset base.
Annual Net Assets for ENPlus Co Ltd (2011–2024)
The table below shows the annual net assets of ENPlus Co Ltd from 2011 to 2024. For live valuation and market cap data, see market value of ENPlus Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩7.46 Billion ≈ $5.06 Million |
-90.59% |
| 2023-12-31 | ₩79.34 Billion ≈ $53.77 Million |
+22.47% |
| 2022-12-31 | ₩64.79 Billion ≈ $43.91 Million |
-10.48% |
| 2021-12-31 | ₩72.37 Billion ≈ $49.05 Million |
+30.35% |
| 2020-12-31 | ₩55.52 Billion ≈ $37.63 Million |
+21.12% |
| 2019-12-31 | ₩45.84 Billion ≈ $31.07 Million |
+19.08% |
| 2018-12-31 | ₩38.50 Billion ≈ $26.09 Million |
+188.39% |
| 2017-12-31 | ₩13.35 Billion ≈ $9.05 Million |
-3.58% |
| 2016-12-31 | ₩13.84 Billion ≈ $9.38 Million |
+63.97% |
| 2015-12-31 | ₩8.44 Billion ≈ $5.72 Million |
+9.17% |
| 2014-12-31 | ₩7.73 Billion ≈ $5.24 Million |
+26.29% |
| 2013-12-31 | ₩6.12 Billion ≈ $4.15 Million |
-23.29% |
| 2012-12-31 | ₩7.98 Billion ≈ $5.41 Million |
-30.05% |
| 2011-12-31 | ₩11.41 Billion ≈ $7.73 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ENPlus 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 26027029435000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩270.12 Billion | 2741.24% |
| Total Equity | ₩9.85 Billion | 100.00% |
ENPlus Co Ltd Competitors by Market Cap
The table below lists competitors of ENPlus Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lung Ming Green Energy Technology Engineering Co Ltd
TW:3018
|
$25.41 Million |
|
Lodzia
TA:LODZ
|
$25.41 Million |
|
Ridgetech, Inc.
NASDAQ:RDGT
|
$25.42 Million |
|
The Steel Public Company Limited
BK:THE
|
$25.42 Million |
|
Cogra 48 Société Anonyme
PA:ALCOG
|
$25.41 Million |
|
Sparc Technologies Ltd
AU:SPN
|
$25.41 Million |
|
Heavy Minerals Ltd
AU:HVY
|
$25.41 Million |
|
Nine Energy Service Inc
NYSE:NINE
|
$25.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ENPlus Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 78,501,809,000 to 9,854,085,200, a change of -68,647,723,800 (-87.4%).
- Net loss of 77,456,676,620 reduced equity.
- Other factors increased equity by 8,808,952,820.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-77.46 Billion | -786.04% |
| Other Changes | ₩8.81 Billion | +89.39% |
| Total Change | ₩- | -87.45% |
Book Value vs Market Value Analysis
This analysis compares ENPlus 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: 3.80x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 8.31x to 3.80x 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 | ₩614.83 | ₩5110.00 | x |
| 2018-12-31 | ₩1169.72 | ₩5110.00 | x |
| 2019-12-31 | ₩1231.55 | ₩5110.00 | x |
| 2020-12-31 | ₩1312.31 | ₩5110.00 | x |
| 2021-12-31 | ₩1359.43 | ₩5110.00 | x |
| 2022-12-31 | ₩11071.65 | ₩5110.00 | x |
| 2023-12-31 | ₩1123.95 | ₩5110.00 | x |
| 2024-12-31 | ₩1342.98 | ₩5110.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ENPlus 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): -786.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -132.83%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 10.18x
- Recent ROE (-786.04%) is below the historical average (-94.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -20.18% | -7.94% | 1.61x | 1.58x | ₩-1.88 Billion |
| 2014 | 9.68% | 4.53% | 1.36x | 1.57x | ₩-25.37 Million |
| 2015 | 8.28% | 3.92% | 1.28x | 1.66x | ₩-147.42 Million |
| 2016 | 14.81% | 5.39% | 1.76x | 1.56x | ₩671.89 Million |
| 2017 | -87.44% | -26.33% | 0.86x | 3.85x | ₩-13.11 Billion |
| 2018 | -20.74% | -16.96% | 0.44x | 2.81x | ₩-10.00 Billion |
| 2019 | -74.92% | -85.08% | 0.34x | 2.56x | ₩-38.93 Billion |
| 2020 | -25.38% | -51.34% | 0.30x | 1.63x | ₩-19.64 Billion |
| 2021 | -27.01% | -35.29% | 0.54x | 1.42x | ₩-26.79 Billion |
| 2022 | -56.19% | -134.95% | 0.22x | 1.86x | ₩-42.75 Billion |
| 2023 | -73.99% | -129.40% | 0.26x | 2.19x | ₩-65.94 Billion |
| 2024 | -786.04% | -132.83% | 0.58x | 10.18x | ₩-78.44 Billion |
Industry Comparison
This section compares ENPlus Co Ltd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $533,822,728,102
- Average return on equity (ROE) among peers: 5.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ENPlus Co Ltd (074610) | ₩19.89 Billion | -20.18% | 1.67x | $25.41 Million |
| Daedong Ind (000490) | $230.40 Billion | 0.00% | 1.41x | $184.13 Million |
| TYM Corporation (002900) | $120.85 Billion | 3.66% | 1.11x | $207.74 Million |
| Soosan Heavy I (017550) | $89.15 Billion | 1.21% | 0.34x | $131.51 Million |
| JINSUNG T.E.C. Inc (036890) | $262.29 Billion | 7.99% | 0.74x | $241.08 Million |
| Hyundai Everdigm Corp (041440) | $188.27 Billion | 3.50% | 0.58x | $111.24 Million |
| Hyundai Doosan Infracore Co Ltd (042670) | $1.81 Trillion | 12.72% | 1.44x | $1.77 Billion |
| DY Power Corp (210540) | $167.05 Billion | 11.42% | 0.57x | $115.55 Million |
| Doosan Bobcat Inc (241560) | $2.78 Billion | 3.04% | 1.05x | $4.67 Billion |
| Hyundai Construction Equipment Co Ltd (267270) | $1.93 Trillion | 5.15% | 0.87x | $5.98 Billion |
About ENPlus Co Ltd
ENPLUS Co., Ltd. manufactures and sells fire trucks in South Korea. The company provides fire pump cars, fire chemical vehicles, fire water tank cars, rescue trucks, supporting fuel vehicles, elevated ladder trucks, articulated ladder trucks, unmanned destruction waterproof vehicles, explosion chemical cars, multi-purpose small wreckers, versatile compact CAFS, fire bikes, ambulances, experience … Read more