KB Autosys Co. Ltd (024120) - Net Assets

Latest as of June 2025: ₩112.28 Billion KRW ≈ $76.09 Million USD

Based on the latest financial reports, KB Autosys Co. Ltd (024120) has net assets worth ₩112.28 Billion KRW (≈ $76.09 Million USD) 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 ≈ $161.29 Million USD) and total liabilities (₩125.72 Billion ≈ $85.20 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 024120 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

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. See 024120 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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. For live valuation and market cap data, see KB Autosys Co. Ltd stock valuation.

Year	Net Assets	Change
2024-12-31	₩118.98 Billion ≈ $80.63 Million	+9.38%
2023-12-31	₩108.78 Billion ≈ $73.72 Million	+8.22%
2022-12-31	₩100.52 Billion ≈ $68.12 Million	-1.57%
2021-12-31	₩102.12 Billion ≈ $69.21 Million	-0.45%
2020-12-31	₩102.59 Billion ≈ $69.52 Million	+0.10%
2019-12-31	₩102.49 Billion ≈ $69.45 Million	+8.21%
2018-12-31	₩94.72 Billion ≈ $64.19 Million	+11.33%
2017-12-31	₩85.08 Billion ≈ $57.66 Million	+11.00%
2016-12-31	₩76.65 Billion ≈ $51.94 Million	+17.97%
2015-12-31	₩64.97 Billion ≈ $44.03 Million	+5.76%
2014-12-31	₩61.44 Billion ≈ $41.63 Million	+4.07%
2013-12-31	₩59.03 Billion ≈ $40.01 Million	+4.82%
2012-12-31	₩56.32 Billion ≈ $38.17 Million	+3.93%
2011-12-31	₩54.19 Billion ≈ $36.72 Million	+0.43%
2010-12-31	₩53.96 Billion ≈ $36.57 Million	+21.48%
2008-12-31	₩44.42 Billion ≈ $30.10 Million	--

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
Interhides Public Company Limited BK:IHL	$24.94 Million
Sebang Co Ltd KO:004365	$24.95 Million
Ion Video Ltd AU:IOV	$24.96 Million
Odessa Minerals Ltd AU:ODE	$24.96 Million
Glunz & Jensen CO:GJ	$24.93 Million
Wisr Ltd AU:WZR	$24.93 Million
Pioneer Motor Public Company Limited BK:PIMO	$24.90 Million
Aetherium Acquisition Corp NASDAQ:GMFI	$24.90 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: 0.31x
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 0.48x to 0.31x 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	₩3200.00	x
2017-12-31	₩7398.00	₩3200.00	x
2018-12-31	₩8236.18	₩3200.00	x
2019-12-31	₩8911.97	₩3200.00	x
2020-12-31	₩8920.76	₩3200.00	x
2021-12-31	₩8880.23	₩3200.00	x
2022-12-31	₩8740.48	₩3200.00	x
2023-12-31	₩9458.84	₩3200.00	x
2024-12-31	₩10346.34	₩3200.00	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: $652,001,277,004
Average return on equity (ROE) among peers: 7.38%

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	$24.94 Million
Hankook Tire Worldwide (000240)	$3.00 Trillion	5.66%	0.09x	$1.58 Billion
Daewonkangup (000430)	$490.61 Billion	2.53%	1.34x	$194.75 Million
SG Choongbang Co Ltd (001380)	$124.57 Billion	-1.20%	0.62x	$44.95 Million
Tae Won Mulsan (001420)	$31.38 Billion	2.60%	0.35x	$11.85 Million
Dongkook Ind (001620)	$268.05 Billion	11.77%	2.22x	$182.52 Million
PS Tec. Co. Ltd (002230)	$101.46 Billion	24.27%	0.32x	$61.14 Million
Nexen Tire (002350)	$1.20 Trillion	14.45%	1.18x	$464.65 Million
Nexen Tire Prf 1 (002355)	$933.36 Billion	13.77%	1.71x	$17.93 Million
Dayou A-Tech (002880)	$203.50 Billion	0.00%	3.17x	$26.24 Million
Yoo Sung Ent (002920)	$168.22 Billion	0.00%	0.38x	$31.08 Million

About KB Autosys Co. Ltd

KQ:024120 Korea Auto Parts

Market Cap

$24.94 Million

₩36.80 Billion KRW

Market Cap Rank

#24416 Global

#1714 in Korea

Share Price

₩3200.00

Change (1 day)

-2.44%

52-Week Range

₩3160.00 - ₩4065.00

All Time High

₩13192.18