VT GMP Co.Ltd (018290) - Net Assets
Based on the latest financial reports, VT GMP Co.Ltd (018290) has net assets worth ₩246.58 Billion KRW (≈ $167.10 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 (₩339.73 Billion ≈ $230.23 Million USD) and total liabilities (₩93.15 Billion ≈ $63.13 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 VT GMP Co.Ltd (018290) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩246.58 Billion |
| % of Total Assets | 72.58% |
| Annual Growth Rate | 19.98% |
| 5-Year Change | 240.97% |
| 10-Year Change | 1369.48% |
| Growth Volatility | 47.57 |
VT GMP Co.Ltd - Net Assets Trend (2011–2024)
This chart illustrates how VT GMP Co.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 018290 asset base for the complete picture of this company's asset base.
Annual Net Assets for VT GMP Co.Ltd (2011–2024)
The table below shows the annual net assets of VT GMP Co.Ltd from 2011 to 2024. For live valuation and market cap data, see 018290 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩240.70 Billion ≈ $163.12 Million |
+63.39% |
| 2023-12-31 | ₩147.32 Billion ≈ $99.83 Million |
+89.83% |
| 2022-12-31 | ₩77.60 Billion ≈ $52.59 Million |
-0.30% |
| 2021-12-31 | ₩77.84 Billion ≈ $52.75 Million |
+10.27% |
| 2020-12-31 | ₩70.59 Billion ≈ $47.84 Million |
+16.73% |
| 2019-12-31 | ₩60.47 Billion ≈ $40.98 Million |
+13.17% |
| 2018-12-31 | ₩53.44 Billion ≈ $36.21 Million |
+107.82% |
| 2017-12-31 | ₩25.71 Billion ≈ $17.43 Million |
-23.06% |
| 2016-12-31 | ₩33.42 Billion ≈ $22.65 Million |
+104.03% |
| 2015-12-31 | ₩16.38 Billion ≈ $11.10 Million |
-25.24% |
| 2012-12-31 | ₩21.91 Billion ≈ $14.85 Million |
-2.82% |
| 2011-12-31 | ₩22.55 Billion ≈ $15.28 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to VT GMP 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 18120874801500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩175.71 Billion | 75.56% |
| Common Stock | ₩17.90 Billion | 7.70% |
| Other Components | ₩38.94 Billion | 16.75% |
| Total Equity | ₩232.55 Billion | 100.00% |
VT GMP Co.Ltd Competitors by Market Cap
The table below lists competitors of VT GMP Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AhnLab Inc
KQ:053800
|
$407.95 Million |
|
Shandong Longquan Pipeline Engineering Co Ltd
SHE:002671
|
$407.97 Million |
|
Concord International Securities Co Ltd
TWO:5864
|
$408.09 Million |
|
Instone Real Estate Group AG
XETRA:INS
|
$408.10 Million |
|
Chongqing New Dazheng Property Grp
SHE:002968
|
$407.93 Million |
|
Ashoka Buildcon Limited
NSE:ASHOKA
|
$407.57 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
$407.30 Million |
|
ADD Industry Zhejiang Co Ltd
SHG:603089
|
$407.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VT GMP Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 117,152,992,240 to 232,547,862,530, a change of 115,394,870,290 (98.5%).
- Net income of 98,044,123,720 contributed positively to equity growth.
- Share repurchases of 4,763,991,940 reduced equity.
- Other factors increased equity by 22,114,738,510.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩98.04 Billion | +42.16% |
| Share Repurchases | ₩4.76 Billion | -2.05% |
| Other Changes | ₩22.11 Billion | +9.51% |
| Total Change | ₩- | 98.50% |
Book Value vs Market Value Analysis
This analysis compares VT GMP 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: 2.59x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.84x to 2.59x 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 | ₩1917.49 | ₩16960.00 | x |
| 2017-12-31 | ₩1197.33 | ₩16960.00 | x |
| 2018-12-31 | ₩1982.33 | ₩16960.00 | x |
| 2019-12-31 | ₩1918.57 | ₩16960.00 | x |
| 2020-12-31 | ₩2176.51 | ₩16960.00 | x |
| 2021-12-31 | ₩2367.53 | ₩16960.00 | x |
| 2022-12-31 | ₩2394.79 | ₩16960.00 | x |
| 2023-12-31 | ₩3273.11 | ₩16960.00 | x |
| 2024-12-31 | ₩6552.02 | ₩16960.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VT GMP 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): 42.16%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.71%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 1.55x
- Recent ROE (42.16%) is above the historical average (-13.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -32.73% | -12.49% | 0.66x | 3.97x | ₩-9.63 Billion |
| 2012 | -4.44% | -1.80% | 0.68x | 3.60x | ₩-3.16 Billion |
| 2015 | -146.77% | -51.12% | 0.75x | 3.81x | ₩-25.68 Billion |
| 2016 | -43.58% | -35.40% | 0.66x | 1.86x | ₩-17.91 Billion |
| 2017 | -56.20% | -20.69% | 0.94x | 2.88x | ₩-17.02 Billion |
| 2018 | 13.05% | 6.37% | 0.88x | 2.32x | ₩1.63 Billion |
| 2019 | 4.69% | 2.51% | 0.83x | 2.25x | ₩-3.21 Billion |
| 2020 | 1.57% | 1.03% | 0.68x | 2.25x | ₩-5.95 Billion |
| 2021 | 19.16% | 6.58% | 1.09x | 2.67x | ₩7.13 Billion |
| 2022 | 14.37% | 4.64% | 1.09x | 2.84x | ₩3.39 Billion |
| 2023 | 23.28% | 9.23% | 1.15x | 2.19x | ₩15.55 Billion |
| 2024 | 42.16% | 22.71% | 1.20x | 1.55x | ₩74.79 Billion |
Industry Comparison
This section compares VT GMP Co.Ltd's net assets metrics with peer companies in the Business Equipment & Supplies industry.
Industry Context
- Industry: Business Equipment & Supplies
- Average net assets among peers: $128,491,437,630
- Average return on equity (ROE) among peers: 5.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VT GMP Co.Ltd (018290) | ₩246.58 Billion | -32.73% | 0.38x | $407.94 Million |
| Korea Information & Communications Co. Ltd (025770) | $14.98 Billion | 0.00% | 7.31x | $272.46 Million |
| Sindoh (029530) | $337.07 Billion | 11.86% | 0.18x | $291.88 Million |
| Duoback Co. Ltd (073190) | $33.43 Billion | 3.96% | 0.18x | $9.75 Million |
About VT GMP Co.Ltd
VT Co., Ltd. engages in the manufacture and distribution of cosmetics in South Korea and internationally. It also offers lithium sulfur batteries and electrode structure manufacturing devices; and hydrogen energy solutions, as well as laminating business. The company was formerly known as VT GMP Co.,Ltd. and changed its name to VT Co., Ltd. in July 2023. VT Co., Ltd. was founded in 1986 and is he… Read more