A-Jin Industry Co Ltd
A-Jin Industrial Co.,Ltd. engages in the manufacture and sale of automotive parts in South Korea and internationally. The company offers car components, such as body parts; and body and chassis parts, including door module plate panels, window regulators, housing assys, and dab mounting plating assys. It also provides vehicle electronic parts comprising actuator control units, torque and angle se… Read more
A-Jin Industry Co Ltd (013310) - Net Assets
Latest net assets as of September 2025: ₩328.80 Billion KRW
Based on the latest financial reports, A-Jin Industry Co Ltd (013310) has net assets worth ₩328.80 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.48 Trillion) and total liabilities (₩1.15 Trillion). 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 | ₩328.80 Billion |
| % of Total Assets | 22.26% |
| Annual Growth Rate | 18.01% |
| 5-Year Change | 64.73% |
| 10-Year Change | 189.67% |
| Growth Volatility | 21.57 |
A-Jin Industry Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how A-Jin Industry 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 A-Jin Industry Co Ltd (2014–2024)
The table below shows the annual net assets of A-Jin Industry Co Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩331.68 Billion | +13.62% |
| 2023-12-31 | ₩291.92 Billion | +19.14% |
| 2022-12-31 | ₩245.01 Billion | +18.06% |
| 2021-12-31 | ₩207.54 Billion | +3.07% |
| 2020-12-31 | ₩201.35 Billion | +0.02% |
| 2019-12-31 | ₩201.30 Billion | +19.29% |
| 2018-12-31 | ₩168.75 Billion | +17.31% |
| 2017-12-31 | ₩143.85 Billion | +5.89% |
| 2016-12-31 | ₩135.85 Billion | +18.64% |
| 2015-12-31 | ₩114.50 Billion | +80.95% |
| 2014-12-31 | ₩63.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to A-Jin Industry 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 258.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩206.42 Billion | 62.23% |
| Common Stock | ₩19.40 Billion | 5.85% |
| Other Components | ₩105.86 Billion | 31.92% |
| Total Equity | ₩331.68 Billion | 100.00% |
A-Jin Industry Co Ltd Competitors by Market Cap
The table below lists competitors of A-Jin Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avjennings Ltd
AU:AVJ
|
$59.80 Million |
|
THERMADOR GRPE INH.EO 4
F:T8DA
|
$59.86 Million |
|
ZenaTech Inc.
NASDAQ:ZENA
|
$59.88 Million |
|
Transgene SA
PINK:TRGNF
|
$59.90 Million |
|
Hoa Tho Textile - Garment Joint Stock Corp
VN:HTG
|
$59.80 Million |
|
Thien Viet Securities JSC
VN:TVS
|
$59.79 Million |
|
CoAsia Corporation
KQ:045970
|
$59.77 Million |
|
BaaS Innovation Co., Ltd.
TWO:3555
|
$59.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in A-Jin Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 291,915,725,160 to 331,684,904,240, a change of 39,769,179,080 (13.6%).
- Net income of 18,609,126,720 contributed positively to equity growth.
- Dividend payments of 3,880,394,200 reduced retained earnings.
- Other factors increased equity by 25,040,446,560.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩18.61 Billion | +5.61% |
| Dividends Paid | ₩3.88 Billion | -1.17% |
| Other Changes | ₩25.04 Billion | +7.55% |
| Total Change | ₩- | 13.62% |
Book Value vs Market Value Analysis
This analysis compares A-Jin Industry 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: 0.39x
- 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 0.51x to 0.39x 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 | ₩6436.46 | ₩3300.00 | x |
| 2017-12-31 | ₩6678.03 | ₩3300.00 | x |
| 2018-12-31 | ₩5676.13 | ₩3300.00 | x |
| 2019-12-31 | ₩5499.34 | ₩3300.00 | x |
| 2020-12-31 | ₩5295.29 | ₩3300.00 | x |
| 2021-12-31 | ₩5348.34 | ₩3300.00 | x |
| 2022-12-31 | ₩6314.12 | ₩3300.00 | x |
| 2023-12-31 | ₩7522.84 | ₩3300.00 | x |
| 2024-12-31 | ₩8547.71 | ₩3300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently A-Jin Industry 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): 5.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.40%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 3.89x
- Recent ROE (5.61%) is below the historical average (8.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 22.32% | 4.78% | 0.78x | 5.98x | ₩7.79 Billion |
| 2015 | 15.43% | 5.23% | 0.73x | 4.01x | ₩6.22 Billion |
| 2016 | 12.31% | 3.30% | 0.97x | 3.84x | ₩3.13 Billion |
| 2017 | 7.57% | 2.54% | 0.84x | 3.53x | ₩-3.50 Billion |
| 2018 | -6.64% | -2.82% | 0.71x | 3.32x | ₩-28.07 Billion |
| 2019 | 6.86% | 3.13% | 0.67x | 3.25x | ₩-6.32 Billion |
| 2020 | -0.66% | -0.30% | 0.70x | 3.12x | ₩-21.46 Billion |
| 2021 | 1.16% | 0.50% | 0.81x | 2.85x | ₩-18.34 Billion |
| 2022 | 12.11% | 4.97% | 0.87x | 2.79x | ₩5.18 Billion |
| 2023 | 17.48% | 6.67% | 0.76x | 3.46x | ₩21.82 Billion |
| 2024 | 5.61% | 2.40% | 0.60x | 3.89x | ₩-14.56 Billion |
Industry Comparison
This section compares A-Jin Industry Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $352,644,129,055
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| A-Jin Industry Co Ltd (013310) | ₩328.80 Billion | 22.32% | 3.49x | $59.80 Million |
| Daewonkangup (000430) | $587.30 Billion | 2.73% | 0.78x | $58.61 Million |
| SG Choongbang Co Ltd (001380) | $122.98 Billion | -4.51% | 0.52x | $17.60 Million |
| Tae Won Mulsan (001420) | $31.33 Billion | 0.26% | 0.19x | $5.77 Million |
| Dongkook Ind (001620) | $68.65 Billion | 0.00% | 0.75x | $25.09 Million |
| PS Tec. Co. Ltd (002230) | $75.04 Billion | 10.41% | 0.34x | $43.72 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $173.78 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $102.95 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $13.11 Million |
| Yoo Sung Ent (002920) | $295.14 Billion | -1.60% | 0.39x | $17.59 Million |
| Chin Yang Ind (003780) | $57.01 Billion | 14.90% | 0.58x | $24.34 Million |