Jindo.Co. Ltd (088790) - Net Assets
Based on the latest financial reports, Jindo.Co. Ltd (088790) has net assets worth ₩107.95 Billion KRW (≈ $73.16 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 (₩133.90 Billion ≈ $90.74 Million USD) and total liabilities (₩25.95 Billion ≈ $17.59 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 088790 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩107.95 Billion |
| % of Total Assets | 80.62% |
| Annual Growth Rate | 2.65% |
| 5-Year Change | 11.18% |
| 10-Year Change | 21.33% |
| Growth Volatility | 7.0 |
Jindo.Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Jindo.Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Jindo.Co. Ltd for the complete picture of this company's asset base.
Annual Net Assets for Jindo.Co. Ltd (2011–2024)
The table below shows the annual net assets of Jindo.Co. Ltd from 2011 to 2024. For live valuation and market cap data, see 088790 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩107.94 Billion ≈ $73.15 Million |
+0.40% |
| 2023-12-31 | ₩107.51 Billion ≈ $72.86 Million |
+3.20% |
| 2022-12-31 | ₩104.17 Billion ≈ $70.60 Million |
+3.49% |
| 2021-12-31 | ₩100.66 Billion ≈ $68.22 Million |
+3.68% |
| 2020-12-31 | ₩97.09 Billion ≈ $65.80 Million |
-2.99% |
| 2019-12-31 | ₩100.08 Billion ≈ $67.83 Million |
-4.42% |
| 2018-12-31 | ₩104.71 Billion ≈ $70.96 Million |
+2.15% |
| 2017-12-31 | ₩102.51 Billion ≈ $69.47 Million |
+7.26% |
| 2016-12-31 | ₩95.57 Billion ≈ $64.77 Million |
+7.43% |
| 2015-12-31 | ₩88.97 Billion ≈ $60.29 Million |
+17.45% |
| 2014-12-31 | ₩75.75 Billion ≈ $51.33 Million |
+11.14% |
| 2013-12-31 | ₩68.15 Billion ≈ $46.19 Million |
+0.53% |
| 2012-12-31 | ₩67.80 Billion ≈ $45.94 Million |
-11.78% |
| 2011-12-31 | ₩76.85 Billion ≈ $52.08 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jindo.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 3120394699000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩31.20 Billion | 28.91% |
| Other Components | ₩76.74 Billion | 71.09% |
| Total Equity | ₩107.94 Billion | 100.00% |
Jindo.Co. Ltd Competitors by Market Cap
The table below lists competitors of Jindo.Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wing Yip Food Holdings Group Limited American Depositary Shares
NASDAQ:WYHG
|
$22.93 Million |
|
Infrared Cameras Holdings Inc
NASDAQ:MSAI
|
$22.93 Million |
|
Dubber Corporation Ltd
AU:DUB
|
$22.94 Million |
|
Xu Yuan Packaging Technology Co Ltd
TWO:8421
|
$22.94 Million |
|
Teaminvest Private Group Ltd
AU:TIP
|
$22.90 Million |
|
Pulsenmore Ltd
TA:PULS
|
$22.89 Million |
|
Indofarma Tbk
JK:INAF
|
$22.88 Million |
|
Shradha Infraprojects Limited
NSE:SHRADHA
|
$22.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jindo.Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 107,507,976,240 to 107,941,079,600, a change of 433,103,360 (0.4%).
- Net income of 910,094,400 contributed positively to equity growth.
- Dividend payments of 623,305,800 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩910.09 Million | +0.84% |
| Dividends Paid | ₩623.31 Million | -0.58% |
| Other Changes | ₩146.31 Million | +0.14% |
| Total Change | ₩- | 0.40% |
Book Value vs Market Value Analysis
This analysis compares Jindo.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: 0.31x
- 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 | ₩8235.31 | ₩2715.00 | x |
| 2018-12-31 | ₩8412.30 | ₩2715.00 | x |
| 2019-12-31 | ₩8040.34 | ₩2715.00 | x |
| 2020-12-31 | ₩7799.75 | ₩2715.00 | x |
| 2021-12-31 | ₩8086.83 | ₩2715.00 | x |
| 2022-12-31 | ₩8368.87 | ₩2715.00 | x |
| 2023-12-31 | ₩8636.74 | ₩2715.00 | x |
| 2024-12-31 | ₩8671.54 | ₩2715.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jindo.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): 0.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.06%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.25x
- Recent ROE (0.84%) is below the historical average (4.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 9.55% | 5.14% | 0.79x | 2.34x | ₩-347.94 Million |
| 2013 | 0.30% | 0.14% | 0.83x | 2.70x | ₩-6.61 Billion |
| 2014 | 10.06% | 6.30% | 0.77x | 2.07x | ₩45.12 Million |
| 2015 | 3.67% | 2.68% | 0.81x | 1.70x | ₩-5.63 Billion |
| 2016 | 8.69% | 6.76% | 0.82x | 1.56x | ₩-1.25 Billion |
| 2017 | 9.27% | 7.41% | 0.81x | 1.54x | ₩-751.21 Million |
| 2018 | 5.35% | 4.66% | 0.75x | 1.53x | ₩-4.87 Billion |
| 2019 | -2.73% | -3.51% | 0.54x | 1.45x | ₩-12.74 Billion |
| 2020 | -1.86% | -3.32% | 0.42x | 1.32x | ₩-11.52 Billion |
| 2021 | 3.54% | 6.05% | 0.43x | 1.36x | ₩-6.50 Billion |
| 2022 | 4.39% | 7.21% | 0.49x | 1.24x | ₩-5.85 Billion |
| 2023 | 4.08% | 7.79% | 0.45x | 1.16x | ₩-6.36 Billion |
| 2024 | 0.84% | 2.06% | 0.33x | 1.25x | ₩-9.88 Billion |
Industry Comparison
This section compares Jindo.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 |
|---|---|---|---|---|
| Jindo.Co. Ltd (088790) | ₩107.95 Billion | 9.55% | 0.24x | $22.90 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 Jindo.Co. Ltd
Jindo.Co., Ltd. manufactures, distributes, and sells fashion products in South Korea. It offers fur products under the Jindo Fur, Elphe, Uva, and Cleve brands. The company was formerly known as Jindo F & Co., Ltd. and changed its name to Jindo.Co., Ltd. in May 2010. Jindo.Co., Ltd. was founded in 1973 and is headquartered in Seoul, South Korea.