Able C&C (078520) - Net Assets
Based on the latest financial reports, Able C&C (078520) has net assets worth ₩88.21 Billion KRW (≈ $59.78 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 (₩144.48 Billion ≈ $97.91 Million USD) and total liabilities (₩56.27 Billion ≈ $38.13 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 078520 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩88.21 Billion |
| % of Total Assets | 61.06% |
| Annual Growth Rate | -1.66% |
| 5-Year Change | -41.64% |
| 10-Year Change | -50.78% |
| Growth Volatility | 24.09 |
Able C&C - Net Assets Trend (2011–2024)
This chart illustrates how Able C&C's net assets have evolved over time, based on quarterly financial data. Also explore how large is Able C&C's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Able C&C (2011–2024)
The table below shows the annual net assets of Able C&C from 2011 to 2024. For live valuation and market cap data, see Able C&C stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩91.28 Billion ≈ $61.86 Million |
+4.10% |
| 2023-12-31 | ₩87.69 Billion ≈ $59.42 Million |
-24.46% |
| 2022-12-31 | ₩116.08 Billion ≈ $78.66 Million |
+1.24% |
| 2021-12-31 | ₩114.66 Billion ≈ $77.70 Million |
-26.69% |
| 2020-12-31 | ₩156.41 Billion ≈ $106.00 Million |
-38.99% |
| 2019-12-31 | ₩256.37 Billion ≈ $173.74 Million |
-19.59% |
| 2018-12-31 | ₩318.81 Billion ≈ $216.05 Million |
+4.69% |
| 2017-12-31 | ₩304.52 Billion ≈ $206.37 Million |
+53.71% |
| 2016-12-31 | ₩198.11 Billion ≈ $134.26 Million |
+6.84% |
| 2015-12-31 | ₩185.43 Billion ≈ $125.66 Million |
+9.34% |
| 2014-12-31 | ₩169.58 Billion ≈ $114.92 Million |
+0.68% |
| 2013-12-31 | ₩168.44 Billion ≈ $114.15 Million |
+10.55% |
| 2012-12-31 | ₩152.37 Billion ≈ $103.26 Million |
+34.28% |
| 2011-12-31 | ₩113.47 Billion ≈ $76.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Able C&C'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 10135.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩106.23 Billion | 116.38% |
| Total Equity | ₩91.28 Billion | 100.00% |
Able C&C Competitors by Market Cap
The table below lists competitors of Able C&C ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taita Chemical Co Ltd
TW:1309
|
$260.54 Million |
|
Compañía Industrial El Volcán S.A
SN:VOLCAN
|
$260.65 Million |
|
IBASE Technology
TWO:8050
|
$260.73 Million |
|
Healthco Healthcare and Wellness REIT
AU:HCW
|
$260.82 Million |
|
Aten International Co Ltd
TW:6277
|
$260.47 Million |
|
Alector Inc
NASDAQ:ALEC
|
$260.46 Million |
|
D-Link Corp
TW:2332
|
$260.42 Million |
|
Columbus Circle Capital Corp I Class A Ordinary Shares
NASDAQ:CCCM
|
$260.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Able C&C's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 87,685,530,820 to 91,276,503,420, a change of 3,590,972,600 (4.1%).
- Net income of 14,545,940,970 contributed positively to equity growth.
- Dividend payments of 9,469,153,510 reduced retained earnings.
- Other factors decreased equity by 1,485,814,860.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩14.55 Billion | +15.94% |
| Dividends Paid | ₩9.47 Billion | -10.37% |
| Other Changes | ₩-1.49 Billion | -1.63% |
| Total Change | ₩- | 4.10% |
Book Value vs Market Value Analysis
This analysis compares Able C&C'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: 4.25x
- 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 increased from 1.21x to 4.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩12354.41 | ₩14920.00 | x |
| 2018-12-31 | ₩11909.09 | ₩14920.00 | x |
| 2019-12-31 | ₩9449.16 | ₩14920.00 | x |
| 2020-12-31 | ₩6010.40 | ₩14920.00 | x |
| 2021-12-31 | ₩4373.38 | ₩14920.00 | x |
| 2022-12-31 | ₩4422.42 | ₩14920.00 | x |
| 2023-12-31 | ₩3370.68 | ₩14920.00 | x |
| 2024-12-31 | ₩3508.72 | ₩14920.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Able C&C 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): 15.94%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.51%
- • Asset Turnover: 1.66x
- • Equity Multiplier: 1.74x
- Recent ROE (15.94%) is above the historical average (0.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 24.71% | 8.49% | 1.76x | 1.66x | ₩16.69 Billion |
| 2012 | 27.56% | 9.28% | 1.92x | 1.54x | ₩26.75 Billion |
| 2013 | 7.48% | 2.85% | 1.85x | 1.42x | ₩-4.25 Billion |
| 2014 | 1.51% | 0.59% | 1.92x | 1.35x | ₩-14.39 Billion |
| 2015 | 8.41% | 3.82% | 1.64x | 1.34x | ₩-2.95 Billion |
| 2016 | 9.09% | 4.15% | 1.56x | 1.40x | ₩-1.80 Billion |
| 2017 | 2.70% | 2.20% | 1.00x | 1.23x | ₩-22.14 Billion |
| 2018 | -3.74% | -3.45% | 0.89x | 1.22x | ₩-43.81 Billion |
| 2019 | -4.51% | -2.64% | 0.97x | 1.75x | ₩-35.86 Billion |
| 2020 | -56.45% | -28.70% | 1.21x | 1.63x | ₩-103.89 Billion |
| 2021 | -38.09% | -16.48% | 1.36x | 1.70x | ₩-54.72 Billion |
| 2022 | 0.81% | 0.38% | 1.27x | 1.70x | ₩-10.57 Billion |
| 2023 | 7.00% | 2.24% | 1.57x | 1.98x | ₩-2.63 Billion |
| 2024 | 15.94% | 5.51% | 1.66x | 1.74x | ₩5.42 Billion |
Industry Comparison
This section compares Able C&C's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $996,833,308,526
- Average return on equity (ROE) among peers: 3.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Able C&C (078520) | ₩88.21 Billion | 24.71% | 0.64x | $260.54 Million |
| Amore Group (002790) | $2.18 Trillion | 3.19% | 0.26x | $1.44 Billion |
| Amorepacific Group (002795) | $6.99 Trillion | 3.60% | 0.22x | $109.93 Million |
| Hankook Cosmetics Manufacturing Co Ltd (003350) | $47.50 Billion | 9.33% | 0.47x | $24.81 Million |
| Daelim Trading (006570) | $138.64 Billion | 0.00% | 0.83x | $20.52 Million |
| Monalisa (012690) | $64.52 Billion | -2.84% | 0.20x | $58.60 Million |
| Leaders Cosmetics Co. Ltd (016100) | $43.22 Billion | -1.59% | 0.84x | $22.99 Million |
| Aekyung Industrial Co Ltd (018250) | $346.23 Billion | 4.54% | 0.25x | $254.38 Million |
| Kolmar Holding (024720) | $64.13 Billion | 12.88% | 0.94x | $228.00 Million |
| Jayjun Co Ltd (025620) | $17.85 Billion | 0.00% | 12.84x | $47.01 Million |
| Coreana Cosmetics Co.Ltd (027050) | $77.83 Billion | 2.33% | 0.56x | $43.75 Million |
About Able C&C
Able C&C Co., Ltd., together with its subsidiaries, manufactures, distributes, retails, and sells cosmetics and household goods in South Korea, China, Japan, rest of Asia, Europe, and North and Central America. The company is also involved in the internet commerce business; and provision of advertising and public relations services. It offers its products under the Beautynet, MISSHA, A'pieu, MERZ… Read more