Kishin Corporation Net Assets
Kishin Corporation net assets. Based on the latest financial reports, Kishin Corporation (092440) has net assets worth ₩244.18 Billion KRW (≈ $165.48 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 (₩257.04 Billion ≈ $174.20 Million USD) and total liabilities (₩12.86 Billion ≈ $8.72 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. Also explore 092440 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩244.18 Billion |
| % of Total Assets | 95.0% |
| Annual Growth Rate | 5.51% |
| 5-Year Change | 2.4% |
| 10-Year Change | 9.67% |
| Growth Volatility | 10.42 |
Net Assets of Kishin Corporation (2007–2025)
Net assets of Kishin Corporation from 2007 to 2025. This chart illustrates how Kishin Corporation's net assets have evolved over time, based on quarterly financial data. See how leveraged is Kishin Corporation's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Kishin Corporation (2007–2025)
The table below shows the annual net assets of Kishin Corporation from 2007 to 2025. For live market cap and overall valuation, see Kishin Corporation market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₩249.97 Billion ≈ $169.40 Million |
+0.27% |
| 2024-03-31 | ₩249.28 Billion ≈ $168.94 Million |
-0.74% |
| 2023-03-31 | ₩251.15 Billion ≈ $170.20 Million |
+0.37% |
| 2022-03-31 | ₩250.23 Billion ≈ $169.58 Million |
+2.51% |
| 2021-03-31 | ₩244.10 Billion ≈ $165.42 Million |
+2.89% |
| 2020-03-31 | ₩237.24 Billion ≈ $160.78 Million |
+1.54% |
| 2019-03-31 | ₩233.64 Billion ≈ $158.34 Million |
+2.37% |
| 2018-03-31 | ₩228.24 Billion ≈ $154.68 Million |
+2.55% |
| 2017-03-31 | ₩222.57 Billion ≈ $150.84 Million |
-2.35% |
| 2016-03-31 | ₩227.92 Billion ≈ $154.46 Million |
-0.40% |
| 2015-03-31 | ₩228.83 Billion ≈ $155.07 Million |
+5.77% |
| 2014-03-31 | ₩216.35 Billion ≈ $146.62 Million |
+7.23% |
| 2013-03-31 | ₩201.77 Billion ≈ $136.73 Million |
+4.57% |
| 2012-03-31 | ₩192.95 Billion ≈ $130.76 Million |
+6.56% |
| 2011-03-31 | ₩181.08 Billion ≈ $122.71 Million |
+6.66% |
| 2010-03-31 | ₩169.77 Billion ≈ $115.05 Million |
+7.10% |
| 2009-03-31 | ₩158.52 Billion ≈ $107.42 Million |
+14.07% |
| 2008-03-31 | ₩138.96 Billion ≈ $94.17 Million |
+45.95% |
| 2007-03-31 | ₩95.21 Billion ≈ $64.52 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kishin Corporation'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 133.8% over the analyzed period, indicating profitable operations and earnings retention.
Kishin Corporation Net Assets Breakdown (March 2025)
Kishin Corporation net assets breakdown by equity component as of March 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩209.22 Billion | 83.70% |
| Other Components | ₩40.75 Billion | 16.30% |
| Total Equity | ₩249.97 Billion | 100.00% |
Kishin Corporation Competitors by Market Cap
The table below lists competitors of Kishin Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vinyl Group Ltd
AU:VNL
|
$34.42 Million |
|
Atakule Gayrimenkul Yatirim Ortakligi AS
IS:AGYO
|
$34.45 Million |
|
JNK Heaters Co. Ltd
KQ:126880
|
$34.47 Million |
|
Headway
TW:1776
|
$34.47 Million |
|
Royalindo Investa Wijaya
JK:INDO
|
$34.39 Million |
|
Aimflex Bhd
KLSE:0209
|
$34.39 Million |
|
B. Gaon Holdings Ltd
TA:GAON
|
$34.38 Million |
|
Daejoo Inc
KQ:003310
|
$34.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kishin Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 249,284,656,360 to 249,969,268,030, a change of 684,611,670 (0.3%).
- Net income of 3,113,404,250 contributed positively to equity growth.
- Dividend payments of 3,504,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.11 Billion | +1.25% |
| Dividends Paid | ₩3.50 Billion | -1.4% |
| Other Changes | ₩1.08 Billion | +0.43% |
| Total Change | ₩- | 0.27% |
Book Value vs Market Value Analysis
This analysis compares Kishin Corporation'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: 0.20x
- 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 0.41x to 0.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | ₩4210.87 | ₩1739.00 | x |
| 2008-03-31 | ₩5273.32 | ₩1739.00 | x |
| 2009-03-31 | ₩4965.99 | ₩1739.00 | x |
| 2010-03-31 | ₩5347.91 | ₩1739.00 | x |
| 2011-03-31 | ₩5781.91 | ₩1739.00 | x |
| 2012-03-31 | ₩6253.49 | ₩1739.00 | x |
| 2013-03-31 | ₩6639.14 | ₩1739.00 | x |
| 2014-03-31 | ₩7168.30 | ₩1739.00 | x |
| 2015-03-31 | ₩7604.05 | ₩1739.00 | x |
| 2016-03-31 | ₩7718.59 | ₩1739.00 | x |
| 2017-03-31 | ₩7522.73 | ₩1739.00 | x |
| 2018-03-31 | ₩7680.36 | ₩1739.00 | x |
| 2019-03-31 | ₩8001.46 | ₩1739.00 | x |
| 2020-03-31 | ₩8137.70 | ₩1739.00 | x |
| 2021-03-31 | ₩8365.47 | ₩1739.00 | x |
| 2022-03-31 | ₩8569.43 | ₩1739.00 | x |
| 2023-03-31 | ₩8600.90 | ₩1739.00 | x |
| 2024-03-31 | ₩8537.15 | ₩1739.00 | x |
| 2025-03-31 | ₩8560.59 | ₩1739.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kishin Corporation 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): 1.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.37%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.06x
- Recent ROE (1.25%) is below the historical average (5.89%), 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 | 11.64% | 19.20% | 0.56x | 1.07x | ₩1.56 Billion |
| 2008 | 8.99% | 17.16% | 0.47x | 1.11x | ₩-1.37 Billion |
| 2009 | 7.66% | 12.73% | 0.48x | 1.26x | ₩-3.39 Billion |
| 2010 | 10.22% | 16.70% | 0.52x | 1.18x | ₩342.03 Million |
| 2011 | 10.20% | 17.78% | 0.51x | 1.13x | ₩344.93 Million |
| 2012 | 7.15% | 12.98% | 0.49x | 1.12x | ₩-5.20 Billion |
| 2013 | 9.53% | 16.24% | 0.52x | 1.14x | ₩-908.16 Million |
| 2014 | 9.69% | 17.03% | 0.52x | 1.10x | ₩-644.05 Million |
| 2015 | 8.35% | 15.11% | 0.50x | 1.10x | ₩-3.66 Billion |
| 2016 | 3.29% | 6.57% | 0.47x | 1.07x | ₩-15.12 Billion |
| 2017 | 0.13% | 0.27% | 0.46x | 1.07x | ₩-21.67 Billion |
| 2018 | 3.89% | 8.21% | 0.44x | 1.07x | ₩-13.69 Billion |
| 2019 | 6.45% | 12.66% | 0.48x | 1.05x | ₩-8.30 Billion |
| 2020 | 3.66% | 6.97% | 0.50x | 1.06x | ₩-15.04 Billion |
| 2021 | 4.00% | 7.61% | 0.49x | 1.06x | ₩-14.64 Billion |
| 2022 | 3.39% | 6.47% | 0.50x | 1.06x | ₩-16.53 Billion |
| 2023 | 1.74% | 3.03% | 0.54x | 1.06x | ₩-20.74 Billion |
| 2024 | 0.69% | 1.24% | 0.52x | 1.06x | ₩-23.21 Billion |
| 2025 | 1.25% | 2.37% | 0.50x | 1.06x | ₩-21.88 Billion |
Industry Comparison
This section compares Kishin Corporation's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $167,894,983,602
- Average return on equity (ROE) among peers: 7.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kishin Corporation (092440) | ₩244.18 Billion | 11.64% | 0.05x | $34.41 Million |
| Namsun Alumini (008350) | $147.81 Billion | 14.71% | 0.93x | $92.90 Million |
| Namsun Aluminium Co Ltd (008355) | $74.23 Billion | 33.34% | 2.50x | $1.46 Million |
| Dae Chang (012800) | $167.92 Billion | -3.24% | 2.90x | $51.31 Million |
| Sung Kwang Bend Co.Ltd (014620) | $434.48 Billion | -0.28% | 0.14x | $518.33 Million |
| Daedong Metals Co. Ltd (020400) | $27.61 Billion | 3.03% | 1.51x | $8.57 Million |
| Seowon (021050) | $37.70 Billion | 6.47% | 1.58x | $31.85 Million |
| Lee Ku Ind (025820) | $136.43 Billion | 9.24% | 1.41x | $79.43 Million |
| Essen Tech Co. Ltd (043340) | $26.20 Billion | 7.24% | 1.56x | $19.02 Million |
| Taewoong Co.Ltd (044490) | $581.98 Billion | 1.34% | 0.48x | $297.61 Million |
| Nara Mold & Die Co. Ltd (051490) | $44.59 Billion | 1.27% | 0.82x | $20.72 Million |
About Kishin Corporation
Kishin Corporation, together with its subsidiaries, provides mold bases, parts, die sets, and material in South Korea and internationally. It offers mold bases for plastic injection, as well as parts; press die sets and inner plates; precision plates; and plastic mold steel products. The company was founded in 1975 and is headquartered in Incheon, South Korea. Kishin Corporation is a subsidiary o… Read more