CNH Co. Ltd
CNH Co., Ltd., a holding company, primarily provides auto leasing services. The company offers working capital loans, and new technology business finance and installment finance services; urban housing loan products; and car rental services. It also engages in the real estate development business, including home construction, as well as property management activities; and bakery and franchise bus… Read more
CNH Co. Ltd (023460) - Net Assets
Latest net assets as of June 2024: ₩75.55 Billion KRW
Based on the latest financial reports, CNH Co. Ltd (023460) has net assets worth ₩75.55 Billion KRW as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩325.95 Billion) and total liabilities (₩250.40 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 | ₩75.55 Billion |
| % of Total Assets | 23.18% |
| Annual Growth Rate | -0.3% |
| 5-Year Change | -13.39% |
| 10-Year Change | -2.67% |
| Growth Volatility | 10.1 |
CNH Co. Ltd - Net Assets Trend (2004–2023)
This chart illustrates how CNH 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 CNH Co. Ltd (2004–2023)
The table below shows the annual net assets of CNH Co. Ltd from 2004 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ₩90.56 Billion | -19.68% |
| 2022-12-31 | ₩112.74 Billion | -14.84% |
| 2021-12-31 | ₩132.38 Billion | +3.27% |
| 2020-12-31 | ₩128.19 Billion | +22.60% |
| 2019-12-31 | ₩104.55 Billion | +7.71% |
| 2018-12-31 | ₩97.07 Billion | -5.19% |
| 2017-12-31 | ₩102.38 Billion | +5.68% |
| 2016-12-31 | ₩96.88 Billion | +3.32% |
| 2015-12-31 | ₩93.76 Billion | +0.78% |
| 2014-12-31 | ₩93.04 Billion | +2.66% |
| 2013-12-31 | ₩90.63 Billion | +3.55% |
| 2012-12-31 | ₩87.53 Billion | -17.77% |
| 2011-12-31 | ₩106.45 Billion | -9.42% |
| 2010-12-31 | ₩117.52 Billion | +11.19% |
| 2009-12-31 | ₩105.69 Billion | +4.16% |
| 2008-12-31 | ₩101.46 Billion | -2.14% |
| 2007-12-31 | ₩103.69 Billion | -4.38% |
| 2006-12-31 | ₩108.44 Billion | +8.22% |
| 2005-12-31 | ₩100.20 Billion | +4.50% |
| 2004-12-31 | ₩95.88 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CNH 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 585.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩31.52 Billion | 34.80% |
| Other Components | ₩59.04 Billion | 65.20% |
| Total Equity | ₩90.56 Billion | 100.00% |
CNH Co. Ltd Competitors by Market Cap
The table below lists competitors of CNH Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FORTEC ELEKTRONIK - Dusseldorf Stock Exchang
DU:FEV
|
$122.77K |
|
Vice Health and Wellness Inc.
PINK:VICFF
|
$122.80K |
|
KAKAKU.COM
BE:KKC
|
$122.87K |
|
ABRDN.A.PAC. DL-01
F:9J9
|
$122.94K |
|
Sutter Gold Mining Inc
PINK:SGMNF
|
$122.66K |
|
BankInvest Value Globale Aktier A
CO:BAIVGAA
|
$122.50K |
|
BIPC39
SA:BIPC39
|
$122.42K |
|
Vialife SA
PA:ALVIA
|
$122.20K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CNH Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 112,739,658,120 to 90,557,178,950, a change of -22,182,479,170 (-19.7%).
- Net loss of 19,110,658,000 reduced equity.
- Dividend payments of 663,330,360 reduced retained earnings.
- Share repurchases of 414,430,540 reduced equity.
- Other factors decreased equity by 1,994,060,270.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-19.11 Billion | -21.1% |
| Dividends Paid | ₩663.33 Million | -0.73% |
| Share Repurchases | ₩414.43 Million | -0.46% |
| Other Changes | ₩-1.99 Billion | -2.2% |
| Total Change | ₩- | -19.68% |
Book Value vs Market Value Analysis
This analysis compares CNH 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: 0.04x
- 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 | ₩2774.45 | ₩109.00 | x |
| 2017-12-31 | ₩2758.16 | ₩109.00 | x |
| 2018-12-31 | ₩2651.93 | ₩109.00 | x |
| 2019-12-31 | ₩2910.34 | ₩109.00 | x |
| 2020-12-31 | ₩3685.48 | ₩109.00 | x |
| 2021-12-31 | ₩3826.24 | ₩109.00 | x |
| 2022-12-31 | ₩3403.90 | ₩109.00 | x |
| 2023-12-31 | ₩2747.62 | ₩109.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CNH 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): -21.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.14%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 5.05x
- Recent ROE (-21.10%) is below the historical average (3.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 6.37% | 4.35% | 0.54x | 2.71x | ₩-3.45 Billion |
| 2005 | 6.24% | 12.78% | 0.25x | 1.95x | ₩-3.77 Billion |
| 2006 | 9.90% | 17.09% | 0.23x | 2.52x | ₩-110.99 Million |
| 2007 | 0.82% | 1.02% | 0.20x | 4.06x | ₩-9.51 Billion |
| 2008 | 3.89% | 4.12% | 0.27x | 3.51x | ₩-6.20 Billion |
| 2009 | 5.22% | 7.33% | 0.27x | 2.64x | ₩-5.05 Billion |
| 2010 | 10.46% | 11.80% | 0.26x | 3.44x | ₩493.22 Million |
| 2013 | 7.98% | 3.74% | 0.43x | 4.92x | ₩-1.82 Billion |
| 2014 | -2.59% | -1.35% | 0.40x | 4.80x | ₩-11.71 Billion |
| 2015 | 2.67% | 2.80% | 0.19x | 5.00x | ₩-6.88 Billion |
| 2016 | 3.26% | 4.58% | 0.20x | 3.48x | ₩-6.53 Billion |
| 2017 | 2.82% | 5.29% | 0.17x | 3.16x | ₩-7.35 Billion |
| 2018 | 0.76% | 1.19% | 0.19x | 3.32x | ₩-8.97 Billion |
| 2019 | 14.72% | 9.24% | 0.36x | 4.45x | ₩4.94 Billion |
| 2020 | 22.78% | 9.50% | 0.55x | 4.35x | ₩16.38 Billion |
| 2021 | 1.22% | 0.56% | 0.46x | 4.76x | ₩-11.62 Billion |
| 2022 | -14.33% | -7.02% | 0.43x | 4.79x | ₩-27.43 Billion |
| 2023 | -21.10% | -14.14% | 0.30x | 5.05x | ₩-28.17 Billion |
Industry Comparison
This section compares CNH 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: $62,179,331,461
- Average return on equity (ROE) among peers: 1.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CNH Co. Ltd (023460) | ₩75.55 Billion | 6.37% | 3.31x | $122.68K |
| CBI Co. Ltd (013720) | $30.17 Billion | -40.70% | 1.54x | $40.80 Million |
| Ilji Technology Co. Ltd (019540) | $122.84 Billion | -2.81% | 1.81x | $31.01 Million |
| Hanil Forging Industrial Co. Ltd (024740) | $68.01 Billion | 4.18% | 0.95x | $45.82 Million |
| HRS Co. Ltd (036640) | $74.76 Billion | 5.31% | 0.30x | $29.83 Million |
| Ecoplastic Corporation (038110) | $74.25 Billion | 12.92% | 2.02x | $46.59 Million |
| Saedong Co.Ltd (053060) | $22.63 Billion | 0.00% | 2.08x | $10.63 Million |
| Guyoung Technology Co. Ltd (053270) | $83.43 Billion | 4.77% | 1.88x | $20.94 Million |
| Sambo Motors Co. Ltd (053700) | $50.01 Billion | 7.84% | 2.19x | $45.66 Million |
| ESTec Corporation (069510) | $33.53 Billion | 21.14% | 0.91x | $30.52 Million |