Kbi Metal Co. Ltd (024840) - Net Assets
Based on the latest financial reports, Kbi Metal Co. Ltd (024840) has net assets worth ₩128.99 Billion KRW (≈ $87.42 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 (₩275.21 Billion ≈ $186.50 Million USD) and total liabilities (₩146.21 Billion ≈ $99.09 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 strategic asset allocation of Kbi Metal Co. Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩128.99 Billion |
| % of Total Assets | 46.87% |
| Annual Growth Rate | 7.58% |
| 5-Year Change | 34.11% |
| 10-Year Change | 113.12% |
| Growth Volatility | 43.88 |
Kbi Metal Co. Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Kbi Metal Co. Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 024840 stock market capitalisation.
Annual Net Assets for Kbi Metal Co. Ltd (2003–2024)
The table below shows the annual net assets of Kbi Metal Co. Ltd from 2003 to 2024. Also explore Kbi Metal Co. Ltd net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩123.99 Billion ≈ $84.03 Million |
+1.60% |
| 2023-12-31 | ₩122.04 Billion ≈ $82.71 Million |
+20.82% |
| 2022-12-31 | ₩101.01 Billion ≈ $68.45 Million |
+4.51% |
| 2021-12-31 | ₩96.65 Billion ≈ $65.50 Million |
+4.54% |
| 2020-12-31 | ₩92.45 Billion ≈ $62.65 Million |
+2.60% |
| 2019-12-31 | ₩90.11 Billion ≈ $61.06 Million |
+12.80% |
| 2018-12-31 | ₩79.88 Billion ≈ $54.13 Million |
+3.98% |
| 2017-12-31 | ₩76.83 Billion ≈ $52.06 Million |
+66.81% |
| 2016-12-31 | ₩46.06 Billion ≈ $31.21 Million |
-20.84% |
| 2014-12-31 | ₩58.18 Billion ≈ $39.43 Million |
-10.33% |
| 2013-12-31 | ₩64.88 Billion ≈ $43.97 Million |
+159.11% |
| 2006-12-31 | ₩25.04 Billion ≈ $16.97 Million |
-7.69% |
| 2005-12-31 | ₩27.12 Billion ≈ $18.38 Million |
-0.52% |
| 2004-12-31 | ₩27.27 Billion ≈ $18.48 Million |
+2.04% |
| 2003-12-31 | ₩26.72 Billion ≈ $18.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kbi Metal 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 55.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩23.54 Billion | 18.99% |
| Common Stock | ₩17.45 Billion | 14.08% |
| Other Components | ₩82.99 Billion | 66.94% |
| Total Equity | ₩123.99 Billion | 100.00% |
Kbi Metal Co. Ltd Competitors by Market Cap
The table below lists competitors of Kbi Metal Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Friedman Industries Inc. Common Stock
NYSE MKT:FRD
|
$138.83 Million |
|
Genesis Land Development Corp.
TO:GDC
|
$138.84 Million |
|
Pantech Group Holdings Bhd
KLSE:5125
|
$138.84 Million |
|
Chunil Express
KO:000650
|
$138.87 Million |
|
Astron Corporation Ltd
AU:ATR
|
$138.81 Million |
|
Ramayana Lestari Sentosa Tbk
JK:RALS
|
$138.76 Million |
|
Legacy Education Inc.
NYSE MKT:LGCY
|
$138.74 Million |
|
Paragon Globe Bhd
KLSE:3611
|
$138.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kbi Metal Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 116,879,539,470 to 123,991,091,020, a change of 7,111,551,550 (6.1%).
- Net income of 809,559,330 contributed positively to equity growth.
- Dividend payments of 312,800,000 reduced retained earnings.
- Other factors increased equity by 6,614,792,220.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩809.56 Million | +0.65% |
| Dividends Paid | ₩312.80 Million | -0.25% |
| Other Changes | ₩6.61 Billion | +5.33% |
| Total Change | ₩- | 6.08% |
Book Value vs Market Value Analysis
This analysis compares Kbi Metal 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: 1.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.70x to 1.65x 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 | ₩2175.50 | ₩5880.00 | x |
| 2017-12-31 | ₩2464.71 | ₩5880.00 | x |
| 2018-12-31 | ₩2562.71 | ₩5880.00 | x |
| 2019-12-31 | ₩2740.54 | ₩5880.00 | x |
| 2020-12-31 | ₩2811.83 | ₩5880.00 | x |
| 2021-12-31 | ₩2939.38 | ₩5880.00 | x |
| 2022-12-31 | ₩3072.05 | ₩5880.00 | x |
| 2023-12-31 | ₩3449.67 | ₩5880.00 | x |
| 2024-12-31 | ₩3559.07 | ₩5880.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kbi Metal 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): 0.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.12%
- • Asset Turnover: 2.73x
- • Equity Multiplier: 2.08x
- Recent ROE (0.65%) is below the historical average (3.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 4.50% | 3.03% | 0.84x | 1.77x | ₩-1.35 Billion |
| 2004 | 5.92% | 5.45% | 0.59x | 1.84x | ₩-1.04 Billion |
| 2005 | 1.91% | 1.33% | 0.75x | 1.90x | ₩-2.09 Billion |
| 2013 | 24.40% | 2.69% | 2.76x | 3.29x | ₩8.98 Billion |
| 2014 | -15.43% | -1.80% | 2.81x | 3.05x | ₩-14.26 Billion |
| 2016 | 6.86% | 0.88% | 2.30x | 3.39x | ₩-1.44 Billion |
| 2017 | 7.91% | 1.29% | 2.37x | 2.59x | ₩-1.60 Billion |
| 2018 | 5.33% | 0.92% | 2.30x | 2.52x | ₩-3.73 Billion |
| 2019 | 7.14% | 1.30% | 2.26x | 2.43x | ₩-2.57 Billion |
| 2020 | 1.99% | 0.37% | 2.29x | 2.32x | ₩-7.40 Billion |
| 2021 | -1.15% | -0.16% | 2.98x | 2.37x | ₩-10.77 Billion |
| 2022 | 1.65% | 0.23% | 3.10x | 2.27x | ₩-8.44 Billion |
| 2023 | 0.05% | 0.01% | 2.92x | 2.01x | ₩-11.63 Billion |
| 2024 | 0.65% | 0.12% | 2.73x | 2.08x | ₩-11.59 Billion |
Industry Comparison
This section compares Kbi Metal Co. Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $514,364,678,393
- Average return on equity (ROE) among peers: 9.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kbi Metal Co. Ltd (024840) | ₩128.99 Billion | 4.50% | 1.13x | $138.82 Million |
| YoungPoong (000670) | $3.51 Trillion | 3.16% | 0.35x | $577.58 Million |
| Sam Hwa Capaci (001820) | $245.22 Billion | 8.49% | 0.26x | $956.83 Million |
| Samick Music I (002450) | $260.65 Billion | 5.79% | 1.00x | $57.09 Million |
| Hansol Technics (004710) | $100.42 Billion | 39.96% | 0.88x | $195.88 Million |
| Sunny Elec (004770) | $68.17 Billion | 6.61% | 0.13x | $50.29 Million |
| Samyoung Elec (005680) | $298.75 Billion | 9.78% | 0.49x | $160.72 Million |
| PJ Electronics Co. Ltd (006140) | $104.92 Billion | 6.76% | 0.22x | $45.84 Million |
| Seondo Electric Co., Ltd. (007610) | $36.58 Billion | 14.47% | 1.01x | $43.76 Million |
| Isupetasys (007660) | $125.49 Billion | -2.87% | 2.58x | $5.27 Billion |
| Korea Circuit Co. Ltd. (007810) | $396.06 Billion | 7.51% | 0.39x | $843.51 Million |
About Kbi Metal Co. Ltd
Kbi Metal Co., Ltd., together with its subsidiaries, engages in the metal and automotive electronical parts businesses in South Korea. The company provides JCR copper rods for use in power and machine ship wiring cables; SCR copper rods for use in telecommunication wire, power cable, enameled wire, electrical and electronic device wire, marine ship wiring cable, automotive wire, etc.; and anneale… Read more