F&F Co Ltd Net Assets
F&F Co Ltd net assets. Based on the latest financial reports, F&F Co Ltd (383220) has net assets worth ₩1.75 Trillion KRW (≈ $1.19 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩2.50 Trillion ≈ $1.69 Billion USD) and total liabilities (₩750.16 Billion ≈ $508.37 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 how fast is F&F Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.75 Trillion |
| % of Total Assets | 70.0% |
| Annual Growth Rate | 42.29% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 21.68 |
Net Assets of F&F Co Ltd (2021–2024)
Net assets of F&F Co Ltd from 2021 to 2024. This chart illustrates how F&F Co Ltd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of F&F Co Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for F&F Co Ltd (2021–2024)
The table below shows the annual net assets of F&F Co Ltd from 2021 to 2024. For live market cap and overall valuation, see 383220 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.58 Trillion ≈ $1.07 Billion |
+19.70% |
| 2023-12-31 | ₩1.32 Trillion ≈ $893.01 Million |
+39.71% |
| 2022-12-31 | ₩943.17 Billion ≈ $639.17 Million |
+72.29% |
| 2021-12-31 | ₩547.42 Billion ≈ $370.98 Million |
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Equity Component Analysis
This analysis shows how different components contribute to F&F 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 452.7% over the analyzed period, indicating profitable operations and earnings retention.
F&F Co Ltd Net Assets Breakdown (December 2024)
F&F Co Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.28 Trillion | 82.15% |
| Other Components | ₩278.85 Billion | 17.85% |
| Total Equity | ₩1.56 Trillion | 100.00% |
F&F Co Ltd Competitors by Market Cap
The table below lists competitors of F&F Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ningbo Ocean Shipping Co. Ltd. A
SHG:601022
|
$1.60 Billion |
|
BGF Retail Co Ltd
KO:282330
|
$1.61 Billion |
|
SFL Corporation Ltd
NYSE:SFL
|
$1.61 Billion |
|
Sino Horizon Holdings Ltd
TW:2923
|
$1.61 Billion |
|
Sonida Senior Living Inc
NYSE:SNDA
|
$1.60 Billion |
|
Kunshan Dongwei Technology Co Ltd
SHG:688700
|
$1.60 Billion |
|
Suzhou UIGreen Micro & Nano Technologies Co. Ltd. A
SHG:688661
|
$1.60 Billion |
|
Visual China Group Co Ltd
SHE:000681
|
$1.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in F&F Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,290,515,611,900 to 1,562,200,168,380, a change of 271,684,556,480 (21.1%).
- Net income of 360,375,370,050 contributed positively to equity growth.
- Dividend payments of 64,842,659,700 reduced retained earnings.
- Share repurchases of 33,423,959,750 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩360.38 Billion | +23.07% |
| Dividends Paid | ₩64.84 Billion | -4.15% |
| Share Repurchases | ₩33.42 Billion | -2.14% |
| Other Changes | ₩9.58 Billion | +0.61% |
| Total Change | ₩- | 21.05% |
Book Value vs Market Value Analysis
This analysis compares F&F 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: 1.53x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.88x to 1.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | ₩71534.26 | ₩63000.00 | x |
| 2022-12-31 | ₩24158.74 | ₩63000.00 | x |
| 2023-12-31 | ₩33833.85 | ₩63000.00 | x |
| 2024-12-31 | ₩41305.76 | ₩63000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently F&F 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): 23.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.01%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.46x
- Recent ROE (23.07%) is below the historical average (36.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 42.37% | 21.29% | 0.95x | 2.09x | ₩177.18 Billion |
| 2022 | 47.94% | 24.42% | 1.15x | 1.70x | ₩349.61 Billion |
| 2023 | 32.94% | 21.48% | 0.99x | 1.55x | ₩296.02 Billion |
| 2024 | 23.07% | 19.01% | 0.83x | 1.46x | ₩204.16 Billion |
Industry Comparison
This section compares F&F Co Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $229,225,066,738
- Average return on equity (ROE) among peers: 2.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| F&F Co Ltd (383220) | ₩1.75 Trillion | 42.37% | 0.43x | $1.60 Billion |
| BYC Co. Ltd (001460) | $407.40 Billion | 2.23% | 0.81x | $144.56 Million |
| BYC Co Ltd (001465) | $365.43 Billion | 5.21% | 0.66x | $34.06 Million |
| Vivien Corp (002070) | $95.40 Billion | 5.04% | 0.30x | $6.95 Million |
| SG Corporation (004060) | $199.27 Billion | -3.38% | 0.46x | $27.22 Million |
| Kuk Dong (005320) | $115.57 Billion | -3.28% | 0.51x | $48.87 Million |
| Shinsung Tngsn (005390) | $203.35 Billion | 0.06% | 2.09x | $399.30 Million |
| Shinyoung Waco (005800) | $368.63 Billion | 1.06% | 0.10x | $79.90 Million |
| F&F Holdings Co. Ltd (007700) | $164.92 Billion | 11.94% | 0.21x | $348.44 Million |
| Pan-Pacific (007980) | $207.67 Billion | 2.91% | 2.31x | $49.56 Million |
| Willbes (008600) | $164.61 Billion | 7.39% | 0.71x | $116.83 Million |
About F&F Co Ltd
F&F Co., Ltd. manufactures and sells sewn wearing apparels in South Korea. It offers products under the MLB, MLB KIDS, DISCOVERY, and DISCOVERY KIDS brands. The company was founded in 1972 and is based in Seoul, South Korea. F&F Co., Ltd.(KOSE:A383220) operates independently of F&F Holdings Co., Ltd. as of May 21, 2021.