Cuckoo Electronics Co Ltd
Cuckoo Holdings Co., Ltd., together with its subsidiaries, manufactures and sells electric heaters and daily necessities in South Korea and internationally. The company offers rice cookers; kitchen appliances, such as induction, dish wash machine, microwave, air fryer, mixer and blender, small kitchen appliance, and other products; rental products, such as water purifier, air cleaner, bidet, hair… Read more
Cuckoo Electronics Co Ltd (192400) - Net Assets
Latest net assets as of September 2025: ₩1.26 Trillion KRW
Based on the latest financial reports, Cuckoo Electronics Co Ltd (192400) has net assets worth ₩1.26 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.52 Trillion) and total liabilities (₩258.83 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.26 Trillion |
| % of Total Assets | 82.95% |
| Annual Growth Rate | 11.02% |
| 5-Year Change | 57.23% |
| 10-Year Change | 136.36% |
| Growth Volatility | 22.32 |
Cuckoo Electronics Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Cuckoo Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cuckoo Electronics Co Ltd (2012–2024)
The table below shows the annual net assets of Cuckoo Electronics Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.20 Trillion | +11.01% |
| 2023-12-31 | ₩1.08 Trillion | +11.36% |
| 2022-12-31 | ₩967.77 Billion | +9.14% |
| 2021-12-31 | ₩886.74 Billion | +16.54% |
| 2020-12-31 | ₩760.91 Billion | +12.95% |
| 2019-12-31 | ₩673.69 Billion | +10.54% |
| 2018-12-31 | ₩609.46 Billion | +70.33% |
| 2017-12-31 | ₩357.82 Billion | -36.93% |
| 2016-12-31 | ₩567.34 Billion | +12.08% |
| 2015-12-31 | ₩506.18 Billion | +14.79% |
| 2014-12-31 | ₩440.97 Billion | +22.76% |
| 2013-12-31 | ₩359.20 Billion | +5.24% |
| 2012-12-31 | ₩341.30 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cuckoo Electronics 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 536.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.62 Trillion | 135.36% |
| Total Equity | ₩1.20 Trillion | 100.00% |
Cuckoo Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Cuckoo Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AEM Holdings Ltd.
PINK:AEMFF
|
$164.30 Million |
|
Jiangsu Sainty Corp Ltd
SHG:600287
|
$164.31 Million |
|
Erajaya Swasembada Tbk
JK:ERAA
|
$164.31 Million |
|
Energa SA
F:EN2
|
$164.31 Million |
|
Oyak Yatirim Menkul Degerler AS
IS:OYYAT
|
$164.19 Million |
|
PAM Mineral Tbk PT
JK:NICL
|
$164.11 Million |
|
SOLSTAD OFFSHORE NK 1
F:SZL
|
$164.04 Million |
|
Solar A/S
CO:SOLAR-B
|
$164.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cuckoo Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,077,736,980,910 to 1,196,444,686,560, a change of 118,707,705,650 (11.0%).
- Net income of 137,306,911,460 contributed positively to equity growth.
- Dividend payments of 34,186,223,500 reduced retained earnings.
- Other factors increased equity by 15,587,017,690.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩137.31 Billion | +11.48% |
| Dividends Paid | ₩34.19 Billion | -2.86% |
| Other Changes | ₩15.59 Billion | +1.3% |
| Total Change | ₩- | 11.01% |
Book Value vs Market Value Analysis
This analysis compares Cuckoo Electronics 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: 0.74x
- 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 1.74x to 0.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ₩16251.72 | ₩28300.00 | x |
| 2014-12-31 | ₩19904.49 | ₩28300.00 | x |
| 2015-12-31 | ₩22732.55 | ₩28300.00 | x |
| 2016-12-31 | ₩25400.01 | ₩28300.00 | x |
| 2017-12-31 | ₩16838.44 | ₩28300.00 | x |
| 2018-12-31 | ₩21915.97 | ₩28300.00 | x |
| 2019-12-31 | ₩21676.16 | ₩28300.00 | x |
| 2020-12-31 | ₩4897.30 | ₩28300.00 | x |
| 2021-12-31 | ₩28535.30 | ₩28300.00 | x |
| 2022-12-31 | ₩31139.68 | ₩28300.00 | x |
| 2023-12-31 | ₩34678.02 | ₩28300.00 | x |
| 2024-12-31 | ₩38497.65 | ₩28300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cuckoo Electronics 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): 11.48%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.47%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.14x
- Recent ROE (11.48%) is below the historical average (23.52%), 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 | 15.99% | 11.29% | 1.12x | 1.27x | ₩21.52 Billion |
| 2014 | 20.58% | 16.01% | 1.02x | 1.25x | ₩46.64 Billion |
| 2015 | 14.77% | 11.18% | 1.07x | 1.23x | ₩24.09 Billion |
| 2016 | 14.37% | 11.31% | 1.00x | 1.27x | ₩24.68 Billion |
| 2017 | 124.91% | 99.29% | 0.92x | 1.37x | ₩411.17 Billion |
| 2018 | 13.88% | 17.14% | 0.66x | 1.23x | ₩23.63 Billion |
| 2019 | 11.79% | 15.04% | 0.65x | 1.21x | ₩12.06 Billion |
| 2020 | 14.02% | 18.15% | 0.64x | 1.22x | ₩30.62 Billion |
| 2021 | 16.33% | 21.14% | 0.64x | 1.21x | ₩56.16 Billion |
| 2022 | 12.06% | 15.44% | 0.66x | 1.19x | ₩19.91 Billion |
| 2023 | 12.07% | 16.85% | 0.62x | 1.16x | ₩22.35 Billion |
| 2024 | 11.48% | 16.47% | 0.61x | 1.14x | ₩17.66 Billion |
Industry Comparison
This section compares Cuckoo Electronics Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $362,201,423,985
- Average return on equity (ROE) among peers: 4.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cuckoo Electronics Co Ltd (192400) | ₩1.26 Trillion | 15.99% | 0.21x | $164.20 Million |
| Shinil Electronics Co (002700) | $45.90 Billion | -17.95% | 0.73x | $56.04 Million |
| Ace Bed Company Limited (003800) | $324.88 Billion | 7.32% | 0.08x | $40.63 Million |
| Hankook Furniture Co. Ltd (004590) | $93.05 Billion | 5.89% | 0.19x | $17.58 Million |
| Hanssem (009240) | $133.40 Billion | 11.68% | 1.12x | $183.78 Million |
| Enex Co.Ltd (011090) | $45.26 Billion | -19.65% | 1.50x | $13.31 Million |
| Zinus Inc (013890) | $374.14 Billion | 19.36% | 1.02x | $96.34 Million |
| Fursys (016800) | $497.51 Billion | 9.07% | 0.16x | $74.32 Million |
| COWAY Co. Ltd (021240) | $1.90 Trillion | 24.45% | 1.00x | $2.70 Billion |
| PN Poong Nyun Co. Ltd (024940) | $49.28 Billion | 3.22% | 0.15x | $17.83 Million |
| Hansol Homedec (025750) | $154.17 Billion | -2.96% | 0.92x | $16.88 Million |