Ilji Technology Co. Ltd
Ilji Technology Co., Ltd. designs, manufactures, and sells car body parts and cutting edge molds in South Korea and internationally. The company was formerly known as Shina Machinery Co. Ltd. and changed its name to Ilji Technology Co., Ltd. in July 1997. Ilji Technology Co., Ltd. was founded in 1986 and is headquartered in Gyeongju-si, South Korea.
Ilji Technology Co. Ltd (019540) - Net Assets
Latest net assets as of September 2025: ₩167.18 Billion KRW
Based on the latest financial reports, Ilji Technology Co. Ltd (019540) has net assets worth ₩167.18 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 (₩627.72 Billion) and total liabilities (₩460.54 Billion). 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 | ₩167.18 Billion |
| % of Total Assets | 26.63% |
| Annual Growth Rate | 7.87% |
| 5-Year Change | 40.41% |
| 10-Year Change | 35.31% |
| Growth Volatility | 14.76 |
Ilji Technology Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Ilji Technology 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 Ilji Technology Co. Ltd (2011–2024)
The table below shows the annual net assets of Ilji Technology Co. Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩150.33 Billion | +22.55% |
| 2023-12-31 | ₩122.67 Billion | +31.66% |
| 2022-12-31 | ₩93.17 Billion | -6.63% |
| 2021-12-31 | ₩99.79 Billion | -6.79% |
| 2020-12-31 | ₩107.07 Billion | -10.01% |
| 2019-12-31 | ₩118.98 Billion | -3.14% |
| 2018-12-31 | ₩122.84 Billion | -3.79% |
| 2017-12-31 | ₩127.69 Billion | +2.54% |
| 2016-12-31 | ₩124.53 Billion | +12.08% |
| 2015-12-31 | ₩111.10 Billion | +7.39% |
| 2014-12-31 | ₩103.46 Billion | +36.15% |
| 2013-12-31 | ₩75.99 Billion | +22.23% |
| 2012-12-31 | ₩62.17 Billion | +10.79% |
| 2011-12-31 | ₩56.12 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ilji Technology 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 13458543194000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩134.59 Billion | 89.53% |
| Common Stock | ₩6.76 Billion | 4.49% |
| Other Components | ₩8.99 Billion | 5.98% |
| Total Equity | ₩150.33 Billion | 100.00% |
Ilji Technology Co. Ltd Competitors by Market Cap
The table below lists competitors of Ilji Technology Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vranken-Pommery Monopole Société Anonyme
PA:VRAP
|
$29.55 Million |
|
Acrinova AB Series B
ST:ACRI-B
|
$29.56 Million |
|
PTT Synergy Group Bhd
KLSE:7010
|
$29.56 Million |
|
SILVER CROWN ROYALTIES INC.
NEO:SCRI
|
$29.57 Million |
|
ALM Equity AB (publ)
ST:ALM
|
$29.54 Million |
|
ELTA Technology Co.,Ltd.
TW:8487
|
$29.54 Million |
|
Shinwha Intertek Corp
KQ:056700
|
$29.54 Million |
|
Island Pharmaceuticals Ltd
AU:ILA
|
$29.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ilji Technology Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 122,665,876,220 to 150,332,698,150, a change of 27,666,821,930 (22.6%).
- Net income of 22,508,316,670 contributed positively to equity growth.
- Dividend payments of 1,321,312,600 reduced retained earnings.
- Other factors increased equity by 6,479,817,860.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩22.51 Billion | +14.97% |
| Dividends Paid | ₩1.32 Billion | -0.88% |
| Other Changes | ₩6.48 Billion | +4.31% |
| Total Change | ₩- | 22.55% |
Book Value vs Market Value Analysis
This analysis compares Ilji Technology 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: 0.55x
- 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 0.66x to 0.55x 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 | ₩9423.07 | ₩6230.00 | x |
| 2017-12-31 | ₩9661.95 | ₩6230.00 | x |
| 2018-12-31 | ₩9295.35 | ₩6230.00 | x |
| 2019-12-31 | ₩9003.08 | ₩6230.00 | x |
| 2020-12-31 | ₩8101.58 | ₩6230.00 | x |
| 2021-12-31 | ₩7551.14 | ₩6230.00 | x |
| 2022-12-31 | ₩7050.22 | ₩6230.00 | x |
| 2023-12-31 | ₩9283.64 | ₩6230.00 | x |
| 2024-12-31 | ₩11377.52 | ₩6230.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ilji Technology 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): 14.97%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.97%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 3.83x
- Recent ROE (14.97%) is above the historical average (7.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 8.21% | 5.68% | 0.57x | 2.53x | ₩-1.01 Billion |
| 2012 | 12.33% | 5.67% | 0.61x | 3.56x | ₩1.45 Billion |
| 2013 | 15.06% | 5.55% | 0.91x | 2.99x | ₩3.84 Billion |
| 2014 | 26.96% | 11.41% | 0.77x | 3.06x | ₩17.55 Billion |
| 2015 | 7.72% | 2.81% | 0.73x | 3.75x | ₩-2.53 Billion |
| 2016 | 15.20% | 5.51% | 0.82x | 3.34x | ₩6.48 Billion |
| 2017 | 6.40% | 3.13% | 0.72x | 2.85x | ₩-4.60 Billion |
| 2018 | -2.81% | -1.51% | 0.66x | 2.81x | ₩-15.73 Billion |
| 2019 | -3.60% | -2.24% | 0.55x | 2.94x | ₩-16.18 Billion |
| 2020 | -11.78% | -6.58% | 0.54x | 3.32x | ₩-23.32 Billion |
| 2021 | -0.61% | -0.31% | 0.51x | 3.82x | ₩-10.59 Billion |
| 2022 | -9.76% | -3.97% | 0.60x | 4.09x | ₩-18.41 Billion |
| 2023 | 26.33% | 5.14% | 1.19x | 4.30x | ₩20.03 Billion |
| 2024 | 14.97% | 2.97% | 1.32x | 3.83x | ₩7.48 Billion |
Industry Comparison
This section compares Ilji Technology Co. Ltd's net assets metrics with peer companies in the Automobiles & Auto Parts industry.
Industry Context
- Industry: Automobiles & Auto Parts
- Average net assets among peers: $98,628,229,780
- Average return on equity (ROE) among peers: 1.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ilji Technology Co. Ltd (019540) | ₩167.18 Billion | 8.21% | 2.75x | $29.54 Million |
| CBI Co. Ltd (013720) | $20.41 Billion | -2.75% | 0.67x | $40.80 Million |
| CNH Co. Ltd (023460) | $87.53 Billion | 0.00% | 4.13x | $122.68K |
| Hanil Forging Industrial Co. Ltd (024740) | $99.23 Billion | -8.66% | 1.26x | $48.65 Million |
| HRS Co. Ltd (036640) | $114.51 Billion | 10.57% | 0.10x | $29.95 Million |
| Ecoplastic Corporation (038110) | $129.06 Billion | 3.40% | 4.30x | $46.12 Million |
| Saedong Co.Ltd (053060) | $20.58 Billion | 1.47% | 1.77x | $10.60 Million |
| Guyoung Technology Co. Ltd (053270) | $83.43 Billion | 4.77% | 1.88x | $20.49 Million |
| Sambo Motors Co. Ltd (053700) | $193.95 Billion | -7.47% | 2.79x | $44.77 Million |
| ESTec Corporation (069510) | $138.97 Billion | 14.36% | 0.40x | $30.28 Million |