KB Autosys Co. Ltd (024120) - Net Assets
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 financial resilience of KB Autosys Co. Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore KB Autosys Co. Ltd asset portfolio for the complete picture of this company's asset base.
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 |
|---|---|
|
FSBM Holdings Bhd
KLSE:9377
|
$30.60 Million |
|
Reliq Health Technologies Inc
V:RHT
|
$30.60 Million |
|
Aveng Ltd
JSE:AEG
|
$30.61 Million |
|
Ascendis Health Ltd
JSE:ASC
|
$30.61 Million |
|
D P Wires Limited
NSE:DPWIRES
|
$30.57 Million |
|
Heeros Oyj
HE:HEEROS
|
$30.56 Million |
|
Green Critical Minerals Ltd
AU:GCM
|
$30.55 Million |
|
MPC Energy Solutions NV
OL:MPCES
|
$30.55 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: 0.38x
- 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 0.59x to 0.38x 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 | ₩3925.00 | x |
| 2017-12-31 | ₩7398.00 | ₩3925.00 | x |
| 2018-12-31 | ₩8236.18 | ₩3925.00 | x |
| 2019-12-31 | ₩8911.97 | ₩3925.00 | x |
| 2020-12-31 | ₩8920.76 | ₩3925.00 | x |
| 2021-12-31 | ₩8880.23 | ₩3925.00 | x |
| 2022-12-31 | ₩8740.48 | ₩3925.00 | x |
| 2023-12-31 | ₩9458.84 | ₩3925.00 | x |
| 2024-12-31 | ₩10346.34 | ₩3925.00 | 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: $484,830,519,499
- Average return on equity (ROE) among peers: -23.04%
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 | $30.59 Million |
| Hankook Tire Worldwide (000240) | $1.56 Trillion | 10.58% | 1.11x | $1.62 Billion |
| Daewonkangup (000430) | $486.18 Billion | 6.48% | 1.40x | $183.19 Million |
| SG Choongbang Co Ltd (001380) | $124.57 Billion | -1.20% | 0.62x | $33.46 Million |
| Tae Won Mulsan (001420) | $32.46 Billion | 4.41% | 0.38x | $15.08 Million |
| Dongkook Ind (001620) | $180.71 Billion | 11.80% | 1.69x | $48.42 Million |
| PS Tec. Co. Ltd (002230) | $143.25 Billion | -0.22% | 0.15x | $116.75 Million |
| Nexen Tire (002350) | $565.04 Billion | 14.52% | 2.37x | $478.99 Million |
| Nexen Tire Prf 1 (002355) | $1.55 Trillion | -1.09% | 1.29x | $19.16 Million |
| Dayou A-Tech (002880) | $36.80 Billion | -279.17% | 8.13x | $30.87 Million |
| Yoo Sung Ent (002920) | $170.85 Billion | 3.47% | 0.31x | $32.92 Million |
About KB Autosys Co. Ltd
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