Korea Environment Technology Co. LTD
Korea Environment Technology Co., LTD. operates as an industrial waste disposal company in South Korea. The company treats waste emitted from households, workplaces, factories, and construction sites. The company is involved in collection, processing, intermediate treatment, and disposal of general, designated, and construction wastes, which include synthetic resin and rubber, organic solvents, p… Read more
Korea Environment Technology Co. LTD (029960) - Net Assets
Latest net assets as of March 2025: ₩189.80 Billion KRW
Based on the latest financial reports, Korea Environment Technology Co. LTD (029960) has net assets worth ₩189.80 Billion KRW as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩242.93 Billion) and total liabilities (₩53.13 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 | ₩189.80 Billion |
| % of Total Assets | 78.13% |
| Annual Growth Rate | 8.45% |
| 5-Year Change | 20.27% |
| 10-Year Change | 87.3% |
| Growth Volatility | 5.78 |
Korea Environment Technology Co. LTD - Net Assets Trend (2011–2024)
This chart illustrates how Korea Environment Technology 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 Korea Environment Technology Co. LTD (2011–2024)
The table below shows the annual net assets of Korea Environment Technology Co. LTD from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩182.08 Billion | +0.80% |
| 2023-12-31 | ₩180.63 Billion | +5.93% |
| 2022-12-31 | ₩170.51 Billion | +9.68% |
| 2021-12-31 | ₩155.47 Billion | +2.69% |
| 2020-12-31 | ₩151.39 Billion | -0.93% |
| 2019-12-31 | ₩152.81 Billion | +2.78% |
| 2018-12-31 | ₩148.68 Billion | +18.42% |
| 2017-12-31 | ₩125.55 Billion | +13.50% |
| 2016-12-31 | ₩110.62 Billion | +13.79% |
| 2015-12-31 | ₩97.21 Billion | +7.87% |
| 2014-12-31 | ₩90.12 Billion | +9.89% |
| 2013-12-31 | ₩82.01 Billion | +12.52% |
| 2012-12-31 | ₩72.88 Billion | +14.94% |
| 2011-12-31 | ₩63.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Korea Environment Technology 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 16578467028000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩165.78 Billion | 91.05% |
| Other Components | ₩16.29 Billion | 8.95% |
| Total Equity | ₩182.08 Billion | 100.00% |
Korea Environment Technology Co. LTD Competitors by Market Cap
The table below lists competitors of Korea Environment Technology Co. LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Braemar Hotel & Resorts Inc
NYSE:BHR
|
$118.50 Million |
|
Kuo Yang Construction Co Ltd
TW:2505
|
$118.52 Million |
|
Hube Yangfan Holding Co Ltd
SHG:600421
|
$118.54 Million |
|
Copperstone Resources AB Series B
LSE:0G3L
|
$118.60 Million |
|
CF Bankshares Inc
NASDAQ:CFBK
|
$118.46 Million |
|
Sukgyung AT Co. Ltd.
KQ:357550
|
$118.46 Million |
|
MS INTL PLC LS-10
F:6QK
|
$118.45 Million |
|
New Fortress Energy LLC
NASDAQ:NFE
|
$118.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korea Environment Technology Co. LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 180,632,165,360 to 182,078,236,490, a change of 1,446,071,130 (0.8%).
- Net income of 26,261,544,770 contributed positively to equity growth.
- Dividend payments of 24,260,360,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩26.26 Billion | +14.42% |
| Dividends Paid | ₩24.26 Billion | -13.32% |
| Other Changes | ₩-555.11 Million | -0.3% |
| Total Change | ₩- | 0.80% |
Book Value vs Market Value Analysis
This analysis compares Korea Environment Technology 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: 2.39x
- 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 4.02x to 2.39x 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 | ₩2221.83 | ₩8940.00 | x |
| 2017-12-31 | ₩2521.78 | ₩8940.00 | x |
| 2018-12-31 | ₩2986.38 | ₩8940.00 | x |
| 2019-12-31 | ₩3069.27 | ₩8940.00 | x |
| 2020-12-31 | ₩3040.83 | ₩8940.00 | x |
| 2021-12-31 | ₩3122.71 | ₩8940.00 | x |
| 2022-12-31 | ₩3509.90 | ₩8940.00 | x |
| 2023-12-31 | ₩3718.19 | ₩8940.00 | x |
| 2024-12-31 | ₩3747.95 | ₩8940.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korea Environment Technology 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): 14.42%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.62%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.28x
- Recent ROE (14.42%) is below the historical average (14.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 9.62% | 18.78% | 0.44x | 1.15x | ₩-238.18 Million |
| 2012 | 13.27% | 25.49% | 0.45x | 1.15x | ₩2.39 Billion |
| 2013 | 10.97% | 23.21% | 0.42x | 1.14x | ₩795.31 Million |
| 2014 | 10.92% | 23.66% | 0.40x | 1.16x | ₩832.35 Million |
| 2015 | 8.59% | 19.73% | 0.32x | 1.34x | ₩-1.37 Billion |
| 2016 | 13.31% | 26.72% | 0.36x | 1.39x | ₩3.66 Billion |
| 2017 | 12.79% | 26.22% | 0.35x | 1.38x | ₩3.50 Billion |
| 2018 | 16.47% | 33.90% | 0.37x | 1.32x | ₩9.62 Billion |
| 2019 | 15.79% | 33.93% | 0.36x | 1.30x | ₩8.85 Billion |
| 2020 | 16.87% | 36.06% | 0.37x | 1.26x | ₩10.40 Billion |
| 2021 | 19.07% | 40.02% | 0.38x | 1.25x | ₩14.10 Billion |
| 2022 | 23.22% | 43.84% | 0.43x | 1.22x | ₩22.53 Billion |
| 2023 | 19.24% | 44.12% | 0.35x | 1.23x | ₩16.68 Billion |
| 2024 | 14.42% | 32.62% | 0.34x | 1.28x | ₩8.05 Billion |
Industry Comparison
This section compares Korea Environment Technology Co. LTD's net assets metrics with peer companies in the Professional & Commercial Services industry.
Industry Context
- Industry: Professional & Commercial Services
- Average net assets among peers: $141,248,693,429
- Average return on equity (ROE) among peers: 5.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Korea Environment Technology Co. LTD (029960) | ₩189.80 Billion | 9.62% | 0.28x | $118.50 Million |
| Kocom Co. Ltd (015710) | $123.11 Billion | 2.47% | 0.15x | $14.80 Million |
| Sigong Tech Co. Ltd (020710) | $79.75 Billion | 2.97% | 0.30x | $23.22 Million |
| NICE Information Service Co. Ltd (030190) | $133.65 Billion | 16.63% | 0.42x | $388.19 Million |
| Yangjisa Co. Ltd (030960) | $188.17 Billion | -0.85% | 0.09x | $8.29 Million |
| Paratech Company Limited (033540) | $84.11 Billion | 0.40% | 0.75x | $28.19 Million |
| KG Mobilians Co. Ltd (046440) | $349.72 Billion | 12.47% | 0.51x | $59.39 Million |
| EXA E&C Inc (054940) | $59.13 Billion | -1.30% | 1.75x | $12.23 Million |
| INSUN Environmental New Technology Co. Ltd (060150) | $88.46 Billion | 12.88% | 0.62x | $68.43 Million |
| NICE Total Cash Management Co. Ltd (063570) | $165.13 Billion | 5.61% | 1.96x | $38.93 Million |