AJ Networks Co Ltd (095570) - Net Assets
Based on the latest financial reports, AJ Networks Co Ltd (095570) has net assets worth ₩450.51 Billion KRW (≈ $305.30 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 (₩1.74 Trillion ≈ $1.18 Billion USD) and total liabilities (₩1.29 Trillion ≈ $875.53 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 AJ Networks Co Ltd (095570) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩450.51 Billion |
| % of Total Assets | 25.85% |
| Annual Growth Rate | 4.59% |
| 5-Year Change | 54.07% |
| 10-Year Change | 11.48% |
| Growth Volatility | 18.78 |
AJ Networks Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how AJ Networks Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can AJ Networks Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for AJ Networks Co Ltd (2014–2024)
The table below shows the annual net assets of AJ Networks Co Ltd from 2014 to 2024. For live valuation and market cap data, see AJ Networks Co Ltd (095570) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩443.72 Billion ≈ $300.70 Million |
+5.74% |
| 2023-12-31 | ₩419.65 Billion ≈ $284.39 Million |
+15.96% |
| 2022-12-31 | ₩361.89 Billion ≈ $245.24 Million |
-0.17% |
| 2021-12-31 | ₩362.51 Billion ≈ $245.67 Million |
+25.87% |
| 2020-12-31 | ₩288.01 Billion ≈ $195.18 Million |
-17.08% |
| 2019-12-31 | ₩347.34 Billion ≈ $235.39 Million |
-29.37% |
| 2018-12-31 | ₩491.81 Billion ≈ $333.29 Million |
+9.98% |
| 2017-12-31 | ₩447.17 Billion ≈ $303.04 Million |
+4.61% |
| 2016-12-31 | ₩427.49 Billion ≈ $289.70 Million |
+7.41% |
| 2015-12-31 | ₩398.01 Billion ≈ $269.73 Million |
+40.50% |
| 2014-12-31 | ₩283.28 Billion ≈ $191.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to AJ Networks 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 120.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩254.97 Billion | 57.54% |
| Other Components | ₩188.14 Billion | 42.46% |
| Total Equity | ₩443.12 Billion | 100.00% |
AJ Networks Co Ltd Competitors by Market Cap
The table below lists competitors of AJ Networks Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vestland Berhad
KLSE:0273
|
$132.77 Million |
|
AMREP Corporation
NYSE:AXR
|
$132.79 Million |
|
Alldigi Tech Limited
NSE:ALLDIGI
|
$132.80 Million |
|
Clal Industries and Beverages Ltd
TA:CLBV
|
$132.83 Million |
|
Chenghe Acquisition III Co. Class A Ordinary Share
NASDAQ:CHEC
|
$132.67 Million |
|
Dongsung Corporation
KO:102260
|
$132.67 Million |
|
Malaysia Marine and Heavy Engineering Holdings Bhd
KLSE:5186
|
$132.56 Million |
|
China New Higher Education Group Limited
F:8CN
|
$132.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AJ Networks Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 419,217,662,070 to 443,115,993,830, a change of 23,898,331,760 (5.7%).
- Net income of 21,751,670,090 contributed positively to equity growth.
- Dividend payments of 12,136,787,010 reduced retained earnings.
- Share repurchases of 873,929,550 reduced equity.
- Other factors increased equity by 15,157,378,230.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩21.75 Billion | +4.91% |
| Dividends Paid | ₩12.14 Billion | -2.74% |
| Share Repurchases | ₩873.93 Million | -0.2% |
| Other Changes | ₩15.16 Billion | +3.42% |
| Total Change | ₩- | 5.70% |
Book Value vs Market Value Analysis
This analysis compares AJ Networks 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: 0.44x
- 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 0.71x to 0.44x 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 | ₩6167.58 | ₩4375.00 | x |
| 2018-12-31 | ₩6131.43 | ₩4375.00 | x |
| 2019-12-31 | ₩6801.98 | ₩4375.00 | x |
| 2020-12-31 | ₩6260.66 | ₩4375.00 | x |
| 2021-12-31 | ₩8075.02 | ₩4375.00 | x |
| 2022-12-31 | ₩8076.27 | ₩4375.00 | x |
| 2023-12-31 | ₩9263.91 | ₩4375.00 | x |
| 2024-12-31 | ₩9901.80 | ₩4375.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AJ Networks 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): 4.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.14%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 3.88x
- Recent ROE (4.91%) is below the historical average (6.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 10.25% | 1.64% | 0.70x | 8.90x | ₩396.20 Million |
| 2015 | 7.16% | 1.78% | 0.61x | 6.56x | ₩-7.46 Billion |
| 2016 | 4.82% | 1.08% | 0.60x | 7.43x | ₩-14.50 Billion |
| 2017 | 5.19% | 1.05% | 0.61x | 8.15x | ₩-13.88 Billion |
| 2018 | 0.39% | 0.11% | 0.41x | 8.97x | ₩-27.58 Billion |
| 2019 | 14.43% | 3.82% | 0.67x | 5.66x | ₩14.12 Billion |
| 2020 | -1.38% | -0.39% | 0.64x | 5.57x | ₩-32.43 Billion |
| 2021 | 21.24% | 7.48% | 0.76x | 3.75x | ₩40.64 Billion |
| 2022 | 2.49% | 0.74% | 0.82x | 4.10x | ₩-27.16 Billion |
| 2023 | 3.94% | 1.76% | 0.58x | 3.87x | ₩-25.40 Billion |
| 2024 | 4.91% | 2.14% | 0.59x | 3.88x | ₩-22.56 Billion |
Industry Comparison
This section compares AJ Networks Co Ltd's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $827,689,906,265
- Average return on equity (ROE) among peers: 3.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AJ Networks Co Ltd (095570) | ₩450.51 Billion | 10.25% | 2.87x | $132.68 Million |
| Lotte Rental Co Ltd (089860) | $1.30 Trillion | 7.28% | 4.34x | $762.38 Million |
| Cuckoo Homesys Co Ltd (284740) | $359.18 Billion | 0.63% | 0.20x | $338.10 Million |
About AJ Networks Co Ltd
AJ Networks Co.,Ltd. provides rental services for logistics pallets, IT equipment, and construction equipment in South Korea. The company offers desktop, laptop, workstation, and monitors. It also offers digital complexer,printer,3D printer, commercial shredder, and scanner. In addition, the company provides TV, signage, electronic board, and beam projector; smartphone, and tablet related product… Read more