Unick Corporation (011320) - Net Assets
Based on the latest financial reports, Unick Corporation (011320) has net assets worth ₩141.03 Billion KRW (≈ $95.57 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩318.97 Billion ≈ $216.16 Million USD) and total liabilities (₩177.94 Billion ≈ $120.59 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 011320 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩141.03 Billion |
| % of Total Assets | 44.21% |
| Annual Growth Rate | N/A |
| 5-Year Change | 26.57% |
| 10-Year Change | 63.77% |
| Growth Volatility | 8.78 |
Unick Corporation - Net Assets Trend (2000–2025)
This chart illustrates how Unick Corporation's net assets have evolved over time, based on quarterly financial data. See 011320 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Unick Corporation (2000–2025)
The table below shows the annual net assets of Unick Corporation from 2000 to 2025. For live valuation and market cap data, see market value of Unick Corporation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩136.29 Billion ≈ $92.36 Million |
+9.41% |
| 2024-12-31 | ₩124.57 Billion ≈ $84.42 Million |
+6.18% |
| 2023-12-31 | ₩117.32 Billion ≈ $79.51 Million |
+4.20% |
| 2022-12-31 | ₩112.59 Billion ≈ $76.30 Million |
+4.56% |
| 2021-12-31 | ₩107.68 Billion ≈ $72.97 Million |
+7.73% |
| 2020-12-31 | ₩99.95 Billion ≈ $67.74 Million |
-0.22% |
| 2019-12-31 | ₩100.17 Billion ≈ $67.88 Million |
+11.74% |
| 2018-12-31 | ₩89.64 Billion ≈ $60.75 Million |
+0.87% |
| 2017-12-31 | ₩88.87 Billion ≈ $60.22 Million |
+6.78% |
| 2016-12-31 | ₩83.22 Billion ≈ $56.40 Million |
+7.60% |
| 2015-12-31 | ₩77.35 Billion ≈ $52.42 Million |
+5.76% |
| 2014-12-31 | ₩73.13 Billion ≈ $49.56 Million |
+12.43% |
| 2013-12-31 | ₩65.05 Billion ≈ $44.08 Million |
+25.94% |
| 2012-12-31 | ₩51.65 Billion ≈ $35.00 Million |
+13.63% |
| 2011-12-31 | ₩45.45 Billion ≈ $30.80 Million |
+9.32% |
| 2010-12-31 | ₩41.58 Billion ≈ $28.18 Million |
+18.58% |
| 2009-12-31 | ₩35.06 Billion ≈ $23.76 Million |
+35.69% |
| 2008-12-31 | ₩25.84 Billion ≈ $17.51 Million |
+546.57% |
| 2000-12-31 | ₩-5.79 Billion ≈ $-3.92 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Unick 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 10299011539000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩102.99 Billion | 75.57% |
| Other Components | ₩33.30 Billion | 24.43% |
| Total Equity | ₩136.29 Billion | 100.00% |
Unick Corporation Competitors by Market Cap
The table below lists competitors of Unick Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anatolia Tani ve Biyoteknoloji Urunleri Arastirma Gelistirme Sanayi ve Ticaret
IS:ANGEN
|
$52.38 Million |
|
Techbond Group Bhd
KLSE:5289
|
$52.38 Million |
|
Cellid Co. Ltd
KQ:299660
|
$52.38 Million |
|
APS Holdings Corporation
KQ:054620
|
$52.39 Million |
|
eHealth Inc
NASDAQ:EHTH
|
$52.37 Million |
|
Evrofarma SA
AT:EVROF
|
$52.35 Million |
|
WICE Logistics PCL
BK:WICE
|
$52.35 Million |
|
G.I. Tech Co. Ltd.
KQ:382480
|
$52.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Unick Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 124,570,304,920 to 136,292,926,450, a change of 11,722,621,530 (9.4%).
- Net income of 10,793,921,590 contributed positively to equity growth.
- Dividend payments of 869,431,270 reduced retained earnings.
- Other factors increased equity by 1,798,131,210.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩10.79 Billion | +7.92% |
| Dividends Paid | ₩869.43 Million | -0.64% |
| Other Changes | ₩1.80 Billion | +1.32% |
| Total Change | ₩- | 9.41% |
Book Value vs Market Value Analysis
This analysis compares Unick 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: 0.57x
- 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 0.85x to 0.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩4711.53 | ₩4000.00 | x |
| 2017-12-31 | ₩4892.45 | ₩4000.00 | x |
| 2018-12-31 | ₩4935.18 | ₩4000.00 | x |
| 2019-12-31 | ₩5268.13 | ₩4000.00 | x |
| 2020-12-31 | ₩5173.33 | ₩4000.00 | x |
| 2021-12-31 | ₩5573.33 | ₩4000.00 | x |
| 2022-12-31 | ₩5827.55 | ₩4000.00 | x |
| 2023-12-31 | ₩6072.24 | ₩4000.00 | x |
| 2024-12-31 | ₩6447.50 | ₩4000.00 | x |
| 2025-12-31 | ₩7054.25 | ₩4000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Unick 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): 7.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.51%
- • Asset Turnover: 1.44x
- • Equity Multiplier: 2.20x
- Recent ROE (7.92%) is below the historical average (8.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 11.63% | 6.34% | 0.65x | 2.83x | ₩569.99 Million |
| 2010 | 16.84% | 4.26% | 1.41x | 2.80x | ₩2.84 Billion |
| 2011 | 10.78% | 2.68% | 1.40x | 2.88x | ₩355.49 Million |
| 2012 | 16.34% | 4.27% | 1.41x | 2.71x | ₩3.27 Billion |
| 2013 | 24.06% | 7.21% | 1.36x | 2.45x | ₩9.14 Billion |
| 2014 | 13.81% | 4.47% | 1.34x | 2.30x | ₩2.79 Billion |
| 2015 | 9.25% | 3.10% | 1.31x | 2.29x | ₩-578.97 Million |
| 2016 | 9.44% | 3.08% | 1.36x | 2.25x | ₩-467.72 Million |
| 2017 | 3.66% | 1.38% | 1.19x | 2.23x | ₩-5.63 Billion |
| 2018 | 2.56% | 1.08% | 1.10x | 2.17x | ₩-6.67 Billion |
| 2019 | 4.16% | 1.85% | 1.06x | 2.11x | ₩-5.85 Billion |
| 2020 | -3.93% | -1.82% | 0.99x | 2.18x | ₩-13.92 Billion |
| 2021 | 5.75% | 2.51% | 1.09x | 2.11x | ₩-4.57 Billion |
| 2022 | 3.15% | 1.25% | 1.16x | 2.17x | ₩-7.71 Billion |
| 2023 | 5.44% | 1.94% | 1.31x | 2.14x | ₩-5.35 Billion |
| 2024 | 6.19% | 2.06% | 1.40x | 2.15x | ₩-4.74 Billion |
| 2025 | 7.92% | 2.51% | 1.44x | 2.20x | ₩-2.84 Billion |
Industry Comparison
This section compares Unick Corporation's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $652,001,277,004
- Average return on equity (ROE) among peers: 7.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Unick Corporation (011320) | ₩141.03 Billion | 11.63% | 1.26x | $52.37 Million |
| Hankook Tire Worldwide (000240) | $3.00 Trillion | 5.66% | 0.09x | $1.58 Billion |
| Daewonkangup (000430) | $490.61 Billion | 2.53% | 1.34x | $194.75 Million |
| SG Choongbang Co Ltd (001380) | $124.57 Billion | -1.20% | 0.62x | $44.95 Million |
| Tae Won Mulsan (001420) | $31.38 Billion | 2.60% | 0.35x | $11.85 Million |
| Dongkook Ind (001620) | $268.05 Billion | 11.77% | 2.22x | $182.52 Million |
| PS Tec. Co. Ltd (002230) | $101.46 Billion | 24.27% | 0.32x | $61.14 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $464.65 Million |
| Nexen Tire Prf 1 (002355) | $933.36 Billion | 13.77% | 1.71x | $17.93 Million |
| Dayou A-Tech (002880) | $203.50 Billion | 0.00% | 3.17x | $26.24 Million |
| Yoo Sung Ent (002920) | $168.22 Billion | 0.00% | 0.38x | $31.08 Million |
About Unick Corporation
Unick Corporation develops, manufactures, and sells automotive parts in South Korea. It offers transmission parts, such as solenoid valves, thermal bypass valves, and speed sensors; and engine parts, including solenoid valves for oil pumps, engine mount solenoid valves, pneumatic solenoid valves, and water level sensors. The company provides parts for emission control systems comprising bypass va… Read more