Bubang Co. Ltd (014470) - Net Assets
Based on the latest financial reports, Bubang Co. Ltd (014470) has net assets worth ₩171.57 Billion KRW (≈ $116.27 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 (₩252.76 Billion ≈ $171.29 Million USD) and total liabilities (₩81.19 Billion ≈ $55.02 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 014470 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩171.57 Billion |
| % of Total Assets | 67.88% |
| Annual Growth Rate | 6.28% |
| 5-Year Change | -4.64% |
| 10-Year Change | -13.21% |
| Growth Volatility | 18.75 |
Bubang Co. Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Bubang Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Bubang Co. Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Bubang Co. Ltd (2006–2024)
The table below shows the annual net assets of Bubang Co. Ltd from 2006 to 2024. For live valuation and market cap data, see Bubang Co. Ltd (014470) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩168.77 Billion ≈ $114.38 Million |
+7.25% |
| 2023-12-31 | ₩157.37 Billion ≈ $106.65 Million |
-14.79% |
| 2022-12-31 | ₩184.68 Billion ≈ $125.15 Million |
+17.85% |
| 2021-12-31 | ₩156.71 Billion ≈ $106.20 Million |
-11.46% |
| 2020-12-31 | ₩176.98 Billion ≈ $119.94 Million |
-3.07% |
| 2019-12-31 | ₩182.59 Billion ≈ $123.74 Million |
+13.27% |
| 2018-12-31 | ₩161.19 Billion ≈ $109.24 Million |
+0.86% |
| 2017-12-31 | ₩159.81 Billion ≈ $108.30 Million |
+1.77% |
| 2016-12-31 | ₩157.03 Billion ≈ $106.42 Million |
-19.25% |
| 2015-12-31 | ₩194.47 Billion ≈ $131.79 Million |
+14.63% |
| 2014-12-31 | ₩169.66 Billion ≈ $114.98 Million |
+8.31% |
| 2013-12-31 | ₩156.64 Billion ≈ $106.15 Million |
+12.24% |
| 2012-12-31 | ₩139.56 Billion ≈ $94.57 Million |
+8.18% |
| 2011-12-31 | ₩129.00 Billion ≈ $87.42 Million |
+67.77% |
| 2010-12-31 | ₩76.89 Billion ≈ $52.11 Million |
+30.68% |
| 2009-12-31 | ₩58.84 Billion ≈ $39.87 Million |
+4.76% |
| 2008-12-31 | ₩56.17 Billion ≈ $38.06 Million |
+5.46% |
| 2007-12-31 | ₩53.26 Billion ≈ $36.09 Million |
-5.53% |
| 2006-12-31 | ₩56.37 Billion ≈ $38.20 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Bubang 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 8933374570000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩89.33 Billion | 52.93% |
| Common Stock | ₩30.03 Billion | 17.79% |
| Other Components | ₩49.41 Billion | 29.28% |
| Total Equity | ₩168.77 Billion | 100.00% |
Bubang Co. Ltd Competitors by Market Cap
The table below lists competitors of Bubang Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LFE Corporation Bhd
KLSE:7170
|
$45.30 Million |
|
KLX Energy Services Holdings Inc
NASDAQ:KLXE
|
$45.31 Million |
|
SelfWealth Limited
AU:SWF
|
$45.34 Million |
|
Unibios Holdings S.A
AT:BIOSK
|
$45.35 Million |
|
Rodex Fasteners
TWO:5015
|
$45.28 Million |
|
Tidehold Development Co Ltd
TW:9902
|
$45.26 Million |
|
K Seng Seng Corporation Bhd
KLSE:5192
|
$45.23 Million |
|
Alarum Technologies Ltd.
NASDAQ:ALAR
|
$45.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bubang Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 157,370,343,490 to 168,774,792,060, a change of 11,404,448,570 (7.2%).
- Net income of 11,519,268,610 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩11.52 Billion | +6.83% |
| Other Changes | ₩-114.82 Million | -0.07% |
| Total Change | ₩- | 7.25% |
Book Value vs Market Value Analysis
This analysis compares Bubang 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: 0.46x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩3847.32 | ₩1456.00 | x |
| 2017-12-31 | ₩3915.45 | ₩1456.00 | x |
| 2018-12-31 | ₩3949.30 | ₩1456.00 | x |
| 2019-12-31 | ₩3408.31 | ₩1456.00 | x |
| 2020-12-31 | ₩3345.51 | ₩1456.00 | x |
| 2021-12-31 | ₩2962.26 | ₩1456.00 | x |
| 2022-12-31 | ₩3441.17 | ₩1456.00 | x |
| 2023-12-31 | ₩2932.38 | ₩1456.00 | x |
| 2024-12-31 | ₩3144.88 | ₩1456.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bubang 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): 6.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.31%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 1.88x
- Recent ROE (6.83%) is below the historical average (10.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 8.91% | 2.04% | 1.61x | 2.71x | ₩-604.97 Million |
| 2008 | 1.79% | 0.40% | 1.81x | 2.49x | ₩-4.62 Billion |
| 2009 | 11.28% | 2.35% | 1.80x | 2.66x | ₩752.86 Million |
| 2010 | 2.00% | 0.44% | 2.12x | 2.15x | ₩-6.17 Billion |
| 2011 | 5.07% | 1.95% | 1.46x | 1.78x | ₩-6.35 Billion |
| 2012 | 7.44% | 3.14% | 1.53x | 1.55x | ₩-3.57 Billion |
| 2013 | 11.46% | 4.82% | 1.68x | 1.42x | ₩2.29 Billion |
| 2014 | 8.86% | 3.93% | 1.63x | 1.38x | ₩-1.94 Billion |
| 2015 | 137.31% | 218.94% | 0.54x | 1.17x | ₩247.59 Billion |
| 2016 | 4.92% | 3.00% | 0.93x | 1.75x | ₩-7.98 Billion |
| 2017 | 1.28% | 0.53% | 1.40x | 1.72x | ₩-13.94 Billion |
| 2018 | 1.09% | 0.51% | 1.35x | 1.60x | ₩-14.36 Billion |
| 2019 | -4.42% | -2.44% | 1.26x | 1.43x | ₩-26.32 Billion |
| 2020 | -3.38% | -1.79% | 1.31x | 1.45x | ₩-23.69 Billion |
| 2021 | -9.30% | -4.56% | 0.92x | 2.21x | ₩-30.25 Billion |
| 2022 | 16.93% | 9.24% | 0.92x | 2.00x | ₩12.79 Billion |
| 2023 | -16.52% | -7.86% | 1.10x | 1.91x | ₩-41.74 Billion |
| 2024 | 6.83% | 3.31% | 1.10x | 1.88x | ₩-5.36 Billion |
Industry Comparison
This section compares Bubang Co. Ltd's net assets metrics with peer companies in the Diversified Retail industry.
Industry Context
- Industry: Diversified Retail
- Average net assets among peers: $204,330,381,220
- Average return on equity (ROE) among peers: 18.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bubang Co. Ltd (014470) | ₩171.57 Billion | 8.91% | 0.47x | $45.29 Million |
| VenueG Co. Ltd (019010) | $204.33 Billion | 18.63% | 0.92x | $133.35 Million |
About Bubang Co. Ltd
Bubang Co., Ltd. operates a discount store primarily in South Korea. It also manufactures and sells household appliances, including home and kitchen appliances; and offers IT consulting and establishment services. The company was formerly known as Lihom-Cuchen Co., Ltd. and changed its name to Bubang Co., Ltd. in June 2015. Bubang Co., Ltd. was founded in 1976 and is based in Seoul, South Korea.