Jinro Distillers Co. Ltd (018120) - Net Assets
Based on the latest financial reports, Jinro Distillers Co. Ltd (018120) has net assets worth ₩91.82 Billion KRW (≈ $62.22 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 (₩105.87 Billion ≈ $71.75 Million USD) and total liabilities (₩14.06 Billion ≈ $9.53 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 018120 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩91.82 Billion |
| % of Total Assets | 86.72% |
| Annual Growth Rate | -1.55% |
| 5-Year Change | 8.12% |
| 10-Year Change | 16.29% |
| Growth Volatility | 13.7 |
Jinro Distillers Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Jinro Distillers Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Jinro Distillers Co. Ltd for the complete picture of this company's asset base.
Annual Net Assets for Jinro Distillers Co. Ltd (2011–2024)
The table below shows the annual net assets of Jinro Distillers Co. Ltd from 2011 to 2024. For live valuation and market cap data, see market cap of Jinro Distillers Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩86.41 Billion ≈ $58.56 Million |
+10.11% |
| 2023-12-31 | ₩78.47 Billion ≈ $53.18 Million |
+5.87% |
| 2022-12-31 | ₩74.12 Billion ≈ $50.23 Million |
-4.84% |
| 2021-12-31 | ₩77.89 Billion ≈ $52.78 Million |
-2.54% |
| 2020-12-31 | ₩79.92 Billion ≈ $54.16 Million |
+1.99% |
| 2019-12-31 | ₩78.36 Billion ≈ $53.10 Million |
-21.93% |
| 2018-12-31 | ₩100.37 Billion ≈ $68.02 Million |
+11.15% |
| 2017-12-31 | ₩90.30 Billion ≈ $61.19 Million |
+7.93% |
| 2016-12-31 | ₩83.66 Billion ≈ $56.70 Million |
+12.60% |
| 2015-12-31 | ₩74.30 Billion ≈ $50.35 Million |
-29.82% |
| 2011-12-31 | ₩105.87 Billion ≈ $71.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jinro Distillers 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 decreased by 21.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩77.69 Billion | 89.91% |
| Common Stock | ₩3.53 Billion | 4.09% |
| Other Components | ₩5.18 Billion | 6.00% |
| Total Equity | ₩86.41 Billion | 100.00% |
Jinro Distillers Co. Ltd Competitors by Market Cap
The table below lists competitors of Jinro Distillers Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chips&Media Inc
KQ:094360
|
$91.77 Million |
|
CANBRIDGE PHARM.DL-00001
F:MF1
|
$91.77 Million |
|
Loxley Public Company Limited
BK:LOXLEY
|
$91.78 Million |
|
Huddly AS
OL:HDLY
|
$91.80 Million |
|
Galleon Gold Corp
V:GGO
|
$91.71 Million |
|
Rani Therapeutics Holdings Inc
NASDAQ:RANI
|
$91.70 Million |
|
Aniplus Inc
KQ:310200
|
$91.63 Million |
|
Lakeshore Acquisition III Corp. Ordinary Shares
NASDAQ:LCCC
|
$91.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jinro Distillers Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 76,462,861,670 to 86,405,326,830, a change of 9,942,465,160 (13.0%).
- Net income of 10,249,821,900 contributed positively to equity growth.
- Dividend payments of 4,301,546,600 reduced retained earnings.
- Other factors increased equity by 3,994,189,860.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩10.25 Billion | +11.86% |
| Dividends Paid | ₩4.30 Billion | -4.98% |
| Other Changes | ₩3.99 Billion | +4.62% |
| Total Change | ₩- | 13.00% |
Book Value vs Market Value Analysis
This analysis compares Jinro Distillers 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: 1.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩12638.82 | ₩17990.00 | x |
| 2017-12-31 | ₩13640.83 | ₩17990.00 | x |
| 2018-12-31 | ₩15161.93 | ₩17990.00 | x |
| 2019-12-31 | ₩13455.76 | ₩17990.00 | x |
| 2020-12-31 | ₩12076.22 | ₩17990.00 | x |
| 2021-12-31 | ₩11769.35 | ₩17990.00 | x |
| 2022-12-31 | ₩11200.27 | ₩17990.00 | x |
| 2023-12-31 | ₩11554.18 | ₩17990.00 | x |
| 2024-12-31 | ₩13056.58 | ₩17990.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jinro Distillers 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): 11.86%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.10%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 1.13x
- Recent ROE (11.86%) is below the historical average (14.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 9.51% | 13.28% | 0.64x | 1.11x | ₩-513.62 Million |
| 2015 | 23.66% | 19.83% | 0.97x | 1.24x | ₩10.15 Billion |
| 2016 | 21.44% | 20.66% | 0.86x | 1.21x | ₩9.57 Billion |
| 2017 | 17.56% | 17.92% | 0.83x | 1.19x | ₩6.82 Billion |
| 2018 | 14.01% | 16.17% | 0.75x | 1.15x | ₩4.02 Billion |
| 2019 | 18.03% | 15.98% | 0.97x | 1.16x | ₩6.29 Billion |
| 2020 | 14.22% | 11.15% | 1.10x | 1.16x | ₩3.37 Billion |
| 2021 | 11.94% | 10.29% | 0.95x | 1.22x | ₩1.51 Billion |
| 2022 | 4.41% | 3.28% | 1.07x | 1.26x | ₩-4.14 Billion |
| 2023 | 7.98% | 6.10% | 1.10x | 1.19x | ₩-1.54 Billion |
| 2024 | 11.86% | 10.10% | 1.04x | 1.13x | ₩1.61 Billion |
Industry Comparison
This section compares Jinro Distillers Co. Ltd's net assets metrics with peer companies in the Beverages industry.
No peer company data available for comparison.
About Jinro Distillers Co. Ltd
Jinro Distillers Co., Ltd. produces and sells alcohol for food industries in South Korea. The company was founded in 1966 and is headquartered in Ansan, South Korea.