KB Autosys Co. Ltd

KQ:024120 Korea Auto Parts
Market Cap
$28.35 Million
₩41.52 Billion KRW
Market Cap Rank
#26512 Global
#1708 in Korea
Share Price
₩3610.00
Change (1 day)
-0.14%
52-Week Range
₩3120.00 - ₩3830.00
All Time High
₩13192.18
Categories
Companies in Korea Auto Parts
About

KB Autosys Co., Ltd. manufactures and sells brake pads for the automobile industry in South Korea and internationally. It offers front/rear brake pads, drum brake linings, and lining shoe assembly products. The company was formerly known as Korea Beral Co., Ltd. and changed its name to KB Autosys Co., Ltd. in January 2010. KB Autosys Co., Ltd. was founded in 1985 and is headquartered in Asan-si, … Read more

KB Autosys Co. Ltd (024120) - Net Assets

Latest net assets as of June 2025: ₩112.28 Billion KRW

Based on the latest financial reports, KB Autosys Co. Ltd (024120) has net assets worth ₩112.28 Billion KRW as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩237.99 Billion) and total liabilities (₩125.72 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 ₩112.28 Billion
% of Total Assets 47.18%
Annual Growth Rate 6.35%
5-Year Change 15.98%
10-Year Change 83.13%
Growth Volatility 6.42

KB Autosys Co. Ltd - Net Assets Trend (2008–2024)

This chart illustrates how KB Autosys 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 KB Autosys Co. Ltd (2008–2024)

The table below shows the annual net assets of KB Autosys Co. Ltd from 2008 to 2024.

Year Net Assets Change
2024-12-31 ₩118.98 Billion +9.38%
2023-12-31 ₩108.78 Billion +8.22%
2022-12-31 ₩100.52 Billion -1.57%
2021-12-31 ₩102.12 Billion -0.45%
2020-12-31 ₩102.59 Billion +0.10%
2019-12-31 ₩102.49 Billion +8.21%
2018-12-31 ₩94.72 Billion +11.33%
2017-12-31 ₩85.08 Billion +11.00%
2016-12-31 ₩76.65 Billion +17.97%
2015-12-31 ₩64.97 Billion +5.76%
2014-12-31 ₩61.44 Billion +4.07%
2013-12-31 ₩59.03 Billion +4.82%
2012-12-31 ₩56.32 Billion +3.93%
2011-12-31 ₩54.19 Billion +0.43%
2010-12-31 ₩53.96 Billion +21.48%
2008-12-31 ₩44.42 Billion --

Equity Component Analysis

This analysis shows how different components contribute to KB Autosys 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 9027126905000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩90.27 Billion 75.87%
Common Stock ₩5.75 Billion 4.83%
Other Components ₩22.96 Billion 19.30%
Total Equity ₩118.98 Billion 100.00%

KB Autosys Co. Ltd Competitors by Market Cap

The table below lists competitors of KB Autosys Co. Ltd ranked by their market capitalization.

Company Market Cap
Chemcon Speciality Chemicals Limited
NSE:CHEMCON
 		$15.95 Million
Actia Group
PA:ALATI
 		$15.96 Million
Horng Tong Enterprise Co., Ltd.
TWO:5271
 		$15.96 Million
LIVEWIRE GROUP DL-0001
F:P9N
 		$15.97 Million
Formula
TA:FORTY
 		$15.95 Million
Zaigle Co. Ltd
KQ:234920
 		$15.94 Million
R K Swamy Limited
NSE:RKSWAMY
 		$15.93 Million
P&K Skin Research Center Co. Ltd
KQ:347740
 		$15.93 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in KB Autosys Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 108,776,621,730 to 118,982,873,160, a change of 10,206,251,430 (9.4%).
  • Net income of 2,944,074,930 contributed positively to equity growth.
  • Dividend payments of 1,725,000,000 reduced retained earnings.
  • Other factors increased equity by 8,987,176,500.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩2.94 Billion +2.47%
Dividends Paid ₩1.73 Billion -1.45%
Other Changes ₩8.99 Billion +7.55%
Total Change ₩- 9.38%

Book Value vs Market Value Analysis

This analysis compares KB Autosys 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: 0.35x
  • 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 0.54x to 0.35x 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 ₩6665.15 ₩3610.00 x
2017-12-31 ₩7398.00 ₩3610.00 x
2018-12-31 ₩8236.18 ₩3610.00 x
2019-12-31 ₩8911.97 ₩3610.00 x
2020-12-31 ₩8920.76 ₩3610.00 x
2021-12-31 ₩8880.23 ₩3610.00 x
2022-12-31 ₩8740.48 ₩3610.00 x
2023-12-31 ₩9458.84 ₩3610.00 x
2024-12-31 ₩10346.34 ₩3610.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently KB Autosys 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): 2.47%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.40%
  • • Asset Turnover: 0.87x
  • • Equity Multiplier: 2.02x
  • Recent ROE (2.47%) is below the historical average (6.86%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 8.42% 4.69% 0.94x 1.90x ₩-700.89 Million
2010 5.64% 3.25% 1.01x 1.73x ₩-2.35 Billion
2011 2.94% 1.40% 1.06x 1.97x ₩-3.83 Billion
2012 7.19% 3.15% 1.23x 1.85x ₩-1.58 Billion
2013 7.08% 3.24% 1.12x 1.95x ₩-1.72 Billion
2014 5.83% 3.10% 1.00x 1.88x ₩-2.56 Billion
2015 8.31% 4.17% 1.02x 1.96x ₩-1.10 Billion
2016 18.62% 8.53% 1.18x 1.85x ₩6.61 Billion
2017 14.43% 7.47% 1.10x 1.76x ₩3.77 Billion
2018 13.46% 8.40% 1.04x 1.54x ₩3.28 Billion
2019 10.43% 7.23% 1.03x 1.40x ₩443.69 Million
2020 3.23% 2.52% 0.87x 1.47x ₩-6.94 Billion
2021 -0.40% -0.31% 0.81x 1.57x ₩-10.62 Billion
2022 1.10% 0.62% 0.87x 2.03x ₩-8.95 Billion
2023 0.98% 0.52% 0.91x 2.07x ₩-9.81 Billion
2024 2.47% 1.40% 0.87x 2.02x ₩-8.95 Billion

Industry Comparison

This section compares KB Autosys Co. Ltd's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $352,644,129,055
  • Average return on equity (ROE) among peers: 6.05%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
KB Autosys Co. Ltd (024120) ₩112.28 Billion 8.42% 1.12x $15.95 Million
Daewonkangup (000430) $587.30 Billion 2.73% 0.78x $58.61 Million
SG Choongbang Co Ltd (001380) $122.98 Billion -4.51% 0.52x $17.60 Million
Tae Won Mulsan (001420) $31.33 Billion 0.26% 0.19x $5.77 Million
Dongkook Ind (001620) $68.65 Billion 0.00% 0.75x $25.09 Million
PS Tec. Co. Ltd (002230) $75.04 Billion 10.41% 0.34x $43.72 Million
Nexen Tire (002350) $1.20 Trillion 14.45% 1.18x $173.78 Million
Nexen Tire Prf 1 (002355) $1.03 Trillion 12.11% 1.50x $102.95 Million
Dayou A-Tech (002880) $52.20 Billion 11.76% 2.72x $13.11 Million
Yoo Sung Ent (002920) $295.14 Billion -1.60% 0.39x $17.59 Million
Chin Yang Ind (003780) $57.01 Billion 14.90% 0.58x $24.34 Million