Enertork Ltd (019990) - Net Assets
Based on the latest financial reports, Enertork Ltd (019990) has net assets worth ₩39.51 Billion KRW (≈ $26.77 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 (₩47.85 Billion ≈ $32.43 Million USD) and total liabilities (₩8.34 Billion ≈ $5.65 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 how resilient are Enertork Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩39.51 Billion |
| % of Total Assets | 82.56% |
| Annual Growth Rate | 3.39% |
| 5-Year Change | 2.44% |
| 10-Year Change | 25.08% |
| Growth Volatility | 9.5 |
Enertork Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Enertork Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Enertork Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Enertork Ltd (2012–2024)
The table below shows the annual net assets of Enertork Ltd from 2012 to 2024. For live valuation and market cap data, see 019990 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩41.59 Billion ≈ $28.18 Million |
+3.51% |
| 2023-12-31 | ₩40.18 Billion ≈ $27.23 Million |
-9.30% |
| 2022-12-31 | ₩44.30 Billion ≈ $30.02 Million |
-1.56% |
| 2021-12-31 | ₩45.00 Billion ≈ $30.50 Million |
+10.84% |
| 2020-12-31 | ₩40.60 Billion ≈ $27.51 Million |
+1.35% |
| 2019-12-31 | ₩40.06 Billion ≈ $27.15 Million |
-2.85% |
| 2018-12-31 | ₩41.24 Billion ≈ $27.95 Million |
+0.77% |
| 2017-12-31 | ₩40.92 Billion ≈ $27.73 Million |
+0.51% |
| 2016-12-31 | ₩40.71 Billion ≈ $27.59 Million |
+22.45% |
| 2015-12-31 | ₩33.25 Billion ≈ $22.53 Million |
+19.30% |
| 2012-12-31 | ₩27.87 Billion ≈ $18.89 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Enertork 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 34.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩29.84 Billion | 71.74% |
| Other Components | ₩11.75 Billion | 28.26% |
| Total Equity | ₩41.59 Billion | 100.00% |
Enertork Ltd Competitors by Market Cap
The table below lists competitors of Enertork Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Export Packing
KO:002200
|
$67.83 Million |
|
Feelux Co. Ltd.
KO:033180
|
$67.85 Million |
|
Amicogen Inc
KQ:092040
|
$67.86 Million |
|
Dreadnought Resources Ltd
AU:DRE
|
$67.87 Million |
|
NEW ZEALAND RURAL
F:8UK
|
$67.81 Million |
|
Ribbon Acquisition Corp Unit
NASDAQ:RIBBU
|
$67.81 Million |
|
SunCar Technology Group Inc.
NASDAQ:SDA
|
$67.80 Million |
|
Senheng New Retail Bhd
KLSE:5305
|
$67.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enertork Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,955,946,920 to 41,589,875,020, a change of 1,633,928,100 (4.1%).
- Net income of 530,651,780 contributed positively to equity growth.
- Dividend payments of 465,970,850 reduced retained earnings.
- Share repurchases of 1,904,000,000 reduced equity.
- New share issuances of 1,904,000,000 increased equity.
- Other factors increased equity by 1,569,247,170.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩530.65 Million | +1.28% |
| Dividends Paid | ₩465.97 Million | -1.12% |
| Share Repurchases | ₩1.90 Billion | -4.58% |
| Share Issuances | ₩1.90 Billion | +4.58% |
| Other Changes | ₩1.57 Billion | +3.77% |
| Total Change | ₩- | 4.09% |
Book Value vs Market Value Analysis
This analysis compares Enertork 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: 2.37x
- 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 | ₩4173.28 | ₩10310.00 | x |
| 2017-12-31 | ₩4194.48 | ₩10310.00 | x |
| 2018-12-31 | ₩4299.58 | ₩10310.00 | x |
| 2019-12-31 | ₩4252.96 | ₩10310.00 | x |
| 2020-12-31 | ₩4310.25 | ₩10310.00 | x |
| 2021-12-31 | ₩4727.46 | ₩10310.00 | x |
| 2022-12-31 | ₩4653.62 | ₩10310.00 | x |
| 2023-12-31 | ₩4287.39 | ₩10310.00 | x |
| 2024-12-31 | ₩4346.12 | ₩10310.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enertork 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): 1.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.11%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.07x
- Recent ROE (1.28%) is below the historical average (3.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 13.87% | 12.15% | 1.01x | 1.13x | ₩1.08 Billion |
| 2015 | 6.03% | 6.99% | 0.76x | 1.13x | ₩-1.32 Billion |
| 2016 | 4.84% | 7.58% | 0.61x | 1.05x | ₩-2.10 Billion |
| 2017 | 0.98% | 1.64% | 0.58x | 1.04x | ₩-3.69 Billion |
| 2018 | 3.23% | 5.78% | 0.53x | 1.06x | ₩-2.79 Billion |
| 2019 | 1.22% | 2.08% | 0.55x | 1.07x | ₩-3.52 Billion |
| 2020 | 1.10% | 1.94% | 0.50x | 1.13x | ₩-3.61 Billion |
| 2021 | 4.09% | 8.15% | 0.43x | 1.15x | ₩-2.66 Billion |
| 2022 | 3.49% | 5.87% | 0.51x | 1.17x | ₩-2.89 Billion |
| 2023 | -2.19% | -3.24% | 0.59x | 1.15x | ₩-4.87 Billion |
| 2024 | 1.28% | 2.11% | 0.56x | 1.07x | ₩-3.63 Billion |
Industry Comparison
This section compares Enertork Ltd's net assets metrics with peer companies in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.
Industry Context
- Industry: Machinery, Tools, Heavy Vehicles, Trains & Ships
- Average net assets among peers: $96,135,297,900
- Average return on equity (ROE) among peers: 3.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enertork Ltd (019990) | ₩39.51 Billion | 13.87% | 0.21x | $67.82 Million |
| Bosung Power Technology Co. Ltd (006910) | $37.82 Billion | 2.53% | 1.58x | $373.75 Million |
| Youngsin Metal Industrial Co. Ltd (007530) | $43.64 Billion | 2.17% | 2.14x | $21.79 Million |
| SMCore.Inc (007820) | $75.61 Billion | 2.00% | 0.40x | $70.73 Million |
| Heungkuk Metaltech Co.Ltd (010240) | $55.26 Billion | 12.58% | 0.41x | $49.69 Million |
| Nuintek Co.Ltd (012340) | $20.66 Billion | 0.00% | 1.89x | $10.53 Million |
| CAS Corporation (016920) | $49.47 Billion | 2.29% | 1.02x | $15.44 Million |
| Semyung Electric Machinery Co.Ltd (017510) | $65.83 Billion | 5.57% | 0.15x | $149.81 Million |
| Tae Kwang Corporation (023160) | $421.46 Billion | -1.19% | 0.10x | $807.25 Million |
| Woori Technology Inc (032820) | $95.47 Billion | 3.53% | 0.70x | $1.40 Billion |
About Enertork Ltd
Enertork Ltd. engages in the manufacture and sale of electric actuators and worm gear boxes in South Korea. It offers multi and quarter turn, and outlet actuators; preparing materials; and worm reducers, which are used for butterfly, ball, and plug valves and dampers, as well as EA/ER and EDP series products. The company was formerly known as Morgan Korea Ltd. and changed its name to Enertork Ltd… Read more