Mobase Electronics Co.Ltd (012860) - Net Assets
Based on the latest financial reports, Mobase Electronics Co.Ltd (012860) has net assets worth ₩238.64 Billion KRW (≈ $161.72 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 (₩767.07 Billion ≈ $519.83 Million USD) and total liabilities (₩528.44 Billion ≈ $358.11 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 asset resilience ratio of Mobase Electronics Co.Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩238.64 Billion |
| % of Total Assets | 31.11% |
| Annual Growth Rate | 8.55% |
| 5-Year Change | 52.81% |
| 10-Year Change | 24.43% |
| Growth Volatility | 13.05 |
Mobase Electronics Co.Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Mobase Electronics Co.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 012860 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Mobase Electronics Co.Ltd (2001–2024)
The table below shows the annual net assets of Mobase Electronics Co.Ltd from 2001 to 2024. For live valuation and market cap data, see Mobase Electronics Co.Ltd (012860) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩220.78 Billion ≈ $149.62 Million |
+0.31% |
| 2023-12-31 | ₩220.10 Billion ≈ $149.16 Million |
+19.02% |
| 2022-12-31 | ₩184.92 Billion ≈ $125.32 Million |
+8.56% |
| 2021-12-31 | ₩170.34 Billion ≈ $115.44 Million |
+17.89% |
| 2020-12-31 | ₩144.48 Billion ≈ $97.91 Million |
-5.41% |
| 2019-12-31 | ₩152.74 Billion ≈ $103.51 Million |
+24.46% |
| 2018-12-31 | ₩122.72 Billion ≈ $83.17 Million |
-3.05% |
| 2017-12-31 | ₩126.58 Billion ≈ $85.78 Million |
-26.12% |
| 2016-12-31 | ₩171.33 Billion ≈ $116.11 Million |
-3.44% |
| 2015-12-31 | ₩177.44 Billion ≈ $120.25 Million |
+9.49% |
| 2014-12-31 | ₩162.06 Billion ≈ $109.83 Million |
+20.75% |
| 2013-12-31 | ₩134.21 Billion ≈ $90.96 Million |
+13.19% |
| 2012-12-31 | ₩118.58 Billion ≈ $80.36 Million |
-3.65% |
| 2011-12-31 | ₩123.07 Billion ≈ $83.40 Million |
+25.00% |
| 2010-12-31 | ₩98.45 Billion ≈ $66.72 Million |
+1.57% |
| 2009-12-31 | ₩96.93 Billion ≈ $65.69 Million |
+1.72% |
| 2008-12-31 | ₩95.29 Billion ≈ $64.58 Million |
+29.61% |
| 2007-12-31 | ₩73.52 Billion ≈ $49.83 Million |
+15.97% |
| 2006-12-31 | ₩63.40 Billion ≈ $42.96 Million |
+2.59% |
| 2005-12-31 | ₩61.80 Billion ≈ $41.88 Million |
+26.26% |
| 2004-12-31 | ₩48.95 Billion ≈ $33.17 Million |
+13.53% |
| 2003-12-31 | ₩43.11 Billion ≈ $29.22 Million |
+21.80% |
| 2002-12-31 | ₩35.40 Billion ≈ $23.99 Million |
+5.80% |
| 2001-12-31 | ₩33.46 Billion ≈ $22.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Mobase 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 7438126475000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩74.38 Billion | 33.69% |
| Common Stock | ₩36.62 Billion | 16.58% |
| Other Components | ₩109.79 Billion | 49.73% |
| Total Equity | ₩220.78 Billion | 100.00% |
Mobase Electronics Co.Ltd Competitors by Market Cap
The table below lists competitors of Mobase Electronics Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
QuantumSi Inc
NASDAQ:QSI
|
$188.18 Million |
|
Hamilton Beach Brands Holding Co Class A
NYSE:HBB
|
$188.20 Million |
|
ODFJELL TECHNOLOGYLTD
F:ND4
|
$188.24 Million |
|
Seven Hills Realty Trust
NASDAQ:SEVN
|
$188.25 Million |
|
Central Industrial Corp
KLSE:8052
|
$188.15 Million |
|
Staude Capital Global Value Fund Ltd
AU:GVF
|
$188.07 Million |
|
TEN SQUARE GAMES SA
WAR:TEN
|
$187.99 Million |
|
ÜSTRA Hannoversche Verkehrsbetriebe Aktiengesellschaft
F:HVB
|
$187.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mobase Electronics Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 203,992,021,760 to 220,783,026,170, a change of 16,791,004,410 (8.2%).
- Net income of 15,823,676,860 contributed positively to equity growth.
- Dividend payments of 2,103,398,890 reduced retained earnings.
- Other factors increased equity by 3,070,726,440.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩15.82 Billion | +7.17% |
| Dividends Paid | ₩2.10 Billion | -0.95% |
| Other Changes | ₩3.07 Billion | +1.39% |
| Total Change | ₩- | 8.23% |
Book Value vs Market Value Analysis
This analysis compares Mobase 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: 1.26x
- 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 0.72x to 1.26x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩5275.09 | ₩3820.00 | x |
| 2017-12-31 | ₩3897.46 | ₩3820.00 | x |
| 2018-12-31 | ₩3778.54 | ₩3820.00 | x |
| 2019-12-31 | ₩4702.65 | ₩3820.00 | x |
| 2020-12-31 | ₩2661.91 | ₩3820.00 | x |
| 2021-12-31 | ₩2596.45 | ₩3820.00 | x |
| 2022-12-31 | ₩2531.99 | ₩3820.00 | x |
| 2023-12-31 | ₩2806.71 | ₩3820.00 | x |
| 2024-12-31 | ₩3037.74 | ₩3820.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mobase 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): 7.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.63%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 3.56x
- Recent ROE (7.17%) is above the historical average (3.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 3.31% | 0.77% | 1.31x | 3.29x | ₩-2.03 Billion |
| 2002 | 11.28% | 2.14% | 1.50x | 3.53x | ₩407.09 Million |
| 2003 | 10.23% | 1.87% | 1.36x | 4.02x | ₩81.14 Million |
| 2004 | 12.72% | 2.12% | 1.45x | 4.14x | ₩1.07 Billion |
| 2005 | 12.25% | 1.99% | 1.42x | 4.35x | ₩1.03 Billion |
| 2006 | 3.92% | 0.60% | 1.48x | 4.41x | ₩-2.91 Billion |
| 2007 | 7.42% | 1.22% | 1.64x | 3.71x | ₩-1.47 Billion |
| 2008 | 2.39% | 0.55% | 1.38x | 3.12x | ₩-5.84 Billion |
| 2009 | 2.12% | 0.52% | 1.04x | 3.90x | ₩-6.06 Billion |
| 2010 | 4.28% | 0.76% | 1.36x | 4.18x | ₩-4.56 Billion |
| 2011 | 7.23% | 1.56% | 1.37x | 3.39x | ₩-3.11 Billion |
| 2013 | 11.27% | 1.96% | 1.50x | 3.84x | ₩1.50 Billion |
| 2014 | 17.08% | 3.42% | 1.42x | 3.51x | ₩10.01 Billion |
| 2015 | 10.08% | 2.20% | 1.23x | 3.72x | ₩125.51 Million |
| 2016 | 9.33% | 2.19% | 1.13x | 3.77x | ₩-1.14 Billion |
| 2017 | -31.93% | -5.69% | 1.23x | 4.55x | ₩-53.08 Billion |
| 2018 | -11.07% | -1.89% | 1.13x | 5.18x | ₩-25.86 Billion |
| 2019 | -7.68% | -1.52% | 1.15x | 4.41x | ₩-27.00 Billion |
| 2020 | -11.97% | -2.19% | 1.18x | 4.62x | ₩-31.74 Billion |
| 2021 | 5.06% | 1.13% | 1.06x | 4.24x | ₩-8.42 Billion |
| 2022 | 4.34% | 0.87% | 1.31x | 3.79x | ₩-10.47 Billion |
| 2023 | 4.55% | 0.99% | 1.19x | 3.87x | ₩-11.13 Billion |
| 2024 | 7.17% | 1.63% | 1.24x | 3.56x | ₩-6.25 Billion |
Industry Comparison
This section compares Mobase Electronics Co.Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $565,000,713,308
- Average return on equity (ROE) among peers: 2.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mobase Electronics Co.Ltd (012860) | ₩238.64 Billion | 3.31% | 2.21x | $188.15 Million |
| Hankook Tire Worldwide (000240) | $1.77 Trillion | -1.14% | 2.04x | $1.60 Billion |
| Daewonkangup (000430) | $111.59 Billion | 3.26% | 1.76x | $183.40 Million |
| SG Choongbang Co Ltd (001380) | $26.46 Billion | 0.00% | 8.99x | $33.46 Million |
| Tae Won Mulsan (001420) | $32.20 Billion | 1.67% | 0.19x | $15.16 Million |
| Dongkook Ind (001620) | $170.07 Billion | -12.97% | 2.34x | $48.42 Million |
| PS Tec. Co. Ltd (002230) | $42.65 Billion | 9.95% | 0.26x | $112.51 Million |
| Nexen Tire (002350) | $1.60 Trillion | 0.30% | 1.39x | $484.20 Million |
| Nexen Tire Prf 1 (002355) | $1.56 Trillion | 7.59% | 1.21x | $19.07 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $31.63 Million |
| Yoo Sung Ent (002920) | $289.11 Billion | 3.03% | 0.31x | $33.27 Million |
About Mobase Electronics Co.Ltd
Mobase Electronics Co., Ltd. engages in the manufacture and sale of automotive products in South Korea and internationally. The company offers smart key systems, immobilizer systems, car lock sets, body control units and modules, power seat and steering column modules, low voltage DCDC converters and inverters, wireless chargers, cold/heated cup holders, multi-input devices, power window switches… Read more