APR LTD
APR Co., Ltd. manufactures and sells cosmetic products for men and women. The company also offers medical cosmetics and diet products. In addition, it provides electronic beauty products; and clothes through its online store. Additionally, the company operates an instant photo booth. It sells its products under the APRILSKIN, medicube, GLAM.D Bio, Forment, and NDY brand names. APR Co., Ltd. was f… Read more
APR LTD (278470) - Net Assets
Latest net assets as of June 2024: ₩308.73 Billion KRW
Based on the latest financial reports, APR LTD (278470) has net assets worth ₩308.73 Billion KRW as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩464.74 Billion) and total liabilities (₩156.01 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 | ₩308.73 Billion |
| % of Total Assets | 66.43% |
| Annual Growth Rate | 56.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 29.49 |
APR LTD - Net Assets Trend (2020–2023)
This chart illustrates how APR 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 APR LTD (2020–2023)
The table below shows the annual net assets of APR LTD from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ₩196.95 Billion | +98.40% |
| 2022-12-31 | ₩99.27 Billion | +50.40% |
| 2021-12-31 | ₩66.00 Billion | +27.66% |
| 2020-12-31 | ₩51.70 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to APR 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 4850.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩123.70 Billion | 62.81% |
| Other Components | ₩73.24 Billion | 37.19% |
| Total Equity | ₩196.95 Billion | 100.00% |
APR LTD Competitors by Market Cap
The table below lists competitors of APR LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Flagstar Financial Inc
NYSE:FLG-PA
|
$5.81 Billion |
|
Wyndham Hotels & Resorts Inc
NYSE:WH
|
$5.81 Billion |
|
Hiscox Ltd
PINK:HCXLY
|
$5.81 Billion |
|
Formosa Plastics Corp
TW:1301
|
$5.82 Billion |
|
Taylor Morn Home
NYSE:TMHC
|
$5.80 Billion |
|
Sumitomo Metal Mining Co. Ltd
PINK:STMNF
|
$5.80 Billion |
|
GEM CO. LTD SP.GDR/10 A
F:3730
|
$5.79 Billion |
|
Fondul Proprietatea S.A. GDR
LSE:FP
|
$5.79 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in APR LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 99,266,311,530 to 196,948,868,770, a change of 97,682,557,240 (98.4%).
- Net income of 81,546,050,950 contributed positively to equity growth.
- New share issuances of 8,997,565,800 increased equity.
- Other factors increased equity by 7,138,940,490.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩81.55 Billion | +41.4% |
| Share Issuances | ₩9.00 Billion | +4.57% |
| Other Changes | ₩7.14 Billion | +3.62% |
| Total Change | ₩- | 98.40% |
Book Value vs Market Value Analysis
This analysis compares APR 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: 12.89x
- 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 decreased from 49.11x to 12.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ₩7106.15 | ₩349000.00 | x |
| 2021-12-31 | ₩9071.84 | ₩349000.00 | x |
| 2022-12-31 | ₩13644.14 | ₩349000.00 | x |
| 2023-12-31 | ₩27070.60 | ₩349000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently APR 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): 41.40%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.57%
- • Asset Turnover: 1.82x
- • Equity Multiplier: 1.46x
- Recent ROE (41.40%) is above the historical average (25.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 15.26% | 3.59% | 2.40x | 1.78x | ₩2.72 Billion |
| 2021 | 17.27% | 4.40% | 2.05x | 1.92x | ₩4.80 Billion |
| 2022 | 29.18% | 7.28% | 2.17x | 1.84x | ₩19.04 Billion |
| 2023 | 41.40% | 15.57% | 1.82x | 1.46x | ₩61.85 Billion |
Industry Comparison
This section compares APR LTD's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,255,204,097,239
- Average return on equity (ROE) among peers: 165.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| APR LTD (278470) | ₩308.73 Billion | 15.26% | 0.51x | $5.81 Billion |
| Amore Group (002790) | $4.89 Trillion | 5.33% | 0.26x | $733.67 Million |
| Amorepacific Group (002795) | $6.99 Trillion | 3.60% | 0.22x | $333.07 Million |
| Hankook Cosmetics Manufacturing Co Ltd (003350) | $25.45 Billion | -9.21% | 0.59x | $50.11 Million |
| Daelim Trading (006570) | $76.43 Billion | -16.61% | 1.09x | $3.62 Million |
| Monalisa (012690) | $54.46 Billion | 10.90% | 0.28x | $26.00 Million |
| Leaders Cosmetics Co. Ltd (016100) | $63.99 Billion | 24.29% | 0.52x | $13.95 Million |
| Aekyung Industrial Co Ltd (018250) | $333.04 Billion | 3.44% | 0.30x | $78.84 Million |
| Kolmar Holding (024720) | $48.25 Billion | 5.20% | 0.61x | $69.59 Million |
| Jayjun Co Ltd (025620) | $4.96 Billion | 1635.91% | 10.27x | $4.89 Million |
| Coreana Cosmetics Co.Ltd (027050) | $65.95 Billion | -8.68% | 0.74x | $33.77 Million |