Austem Company Ltd (031510) - Net Assets
Based on the latest financial reports, Austem Company Ltd (031510) has net assets worth ₩65.43 Billion KRW (≈ $44.34 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩126.61 Billion ≈ $85.80 Million USD) and total liabilities (₩61.18 Billion ≈ $41.46 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 Austem Company Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩65.43 Billion |
| % of Total Assets | 51.68% |
| Annual Growth Rate | 3.07% |
| 5-Year Change | -43.44% |
| 10-Year Change | -46.88% |
| Growth Volatility | 13.79 |
Austem Company Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Austem Company Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Austem Company Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Austem Company Ltd (2006–2024)
The table below shows the annual net assets of Austem Company Ltd from 2006 to 2024. For live valuation and market cap data, see 031510 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩65.65 Billion ≈ $44.49 Million |
-34.59% |
| 2023-12-31 | ₩100.36 Billion ≈ $68.01 Million |
+5.89% |
| 2022-12-31 | ₩94.77 Billion ≈ $64.23 Million |
-13.64% |
| 2021-12-31 | ₩109.74 Billion ≈ $74.37 Million |
-5.45% |
| 2020-12-31 | ₩116.07 Billion ≈ $78.66 Million |
+5.80% |
| 2019-12-31 | ₩109.70 Billion ≈ $74.34 Million |
-11.10% |
| 2018-12-31 | ₩123.40 Billion ≈ $83.63 Million |
-3.80% |
| 2017-12-31 | ₩128.28 Billion ≈ $86.94 Million |
-4.52% |
| 2016-12-31 | ₩134.36 Billion ≈ $91.05 Million |
+8.73% |
| 2015-12-31 | ₩123.57 Billion ≈ $83.74 Million |
+11.21% |
| 2014-12-31 | ₩111.12 Billion ≈ $75.30 Million |
+9.45% |
| 2013-12-31 | ₩101.53 Billion ≈ $68.80 Million |
+9.76% |
| 2012-12-31 | ₩92.50 Billion ≈ $62.68 Million |
+6.36% |
| 2011-12-31 | ₩86.97 Billion ≈ $58.94 Million |
+13.07% |
| 2010-12-31 | ₩76.91 Billion ≈ $52.12 Million |
+21.36% |
| 2009-12-31 | ₩63.37 Billion ≈ $42.95 Million |
+20.08% |
| 2008-12-31 | ₩52.78 Billion ≈ $35.77 Million |
+17.14% |
| 2007-12-31 | ₩45.05 Billion ≈ $30.53 Million |
+18.35% |
| 2006-12-31 | ₩38.07 Billion ≈ $25.80 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Austem Company 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 2754064757000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩27.54 Billion | 41.95% |
| Common Stock | ₩14.00 Billion | 21.33% |
| Other Components | ₩24.11 Billion | 36.72% |
| Total Equity | ₩65.65 Billion | 100.00% |
Austem Company Ltd Competitors by Market Cap
The table below lists competitors of Austem Company Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Capital Point
TA:CPTP
|
$17.30 Million |
|
Pinehill Pacific Bhd
KLSE:1902
|
$17.30 Million |
|
Keyware Technologies NV
BR:KEYW
|
$17.34 Million |
|
Paragon Banking Group PLC
LSE:PAG
|
$17.34 Million |
|
Vichitbhan Palmoil Public Company Limited
BK:VPO
|
$17.29 Million |
|
All In! Games S.A.
WAR:ALG
|
$17.27 Million |
|
KIWI Media Group Co.Ltd
KO:012170
|
$17.26 Million |
|
RareX Limited
F:CK1
|
$17.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Austem Company Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 100,643,279,340 to 65,645,991,000, a change of -34,997,288,340 (-34.8%).
- Net loss of 38,573,548,930 reduced equity.
- Dividend payments of 1,332,500,000 reduced retained earnings.
- Share repurchases of 1,684,577,280 reduced equity.
- Other factors increased equity by 6,593,337,870.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-38.57 Billion | -58.76% |
| Dividends Paid | ₩1.33 Billion | -2.03% |
| Share Repurchases | ₩1.68 Billion | -2.57% |
| Other Changes | ₩6.59 Billion | +10.04% |
| Total Change | ₩- | -34.77% |
Book Value vs Market Value Analysis
This analysis compares Austem Company 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: 0.39x
- 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 increased from 0.19x to 0.39x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩5372.29 | ₩1017.00 | x |
| 2017-12-31 | ₩5129.30 | ₩1017.00 | x |
| 2018-12-31 | ₩4934.19 | ₩1017.00 | x |
| 2019-12-31 | ₩4416.43 | ₩1017.00 | x |
| 2020-12-31 | ₩4355.25 | ₩1017.00 | x |
| 2021-12-31 | ₩4117.91 | ₩1017.00 | x |
| 2022-12-31 | ₩3556.27 | ₩1017.00 | x |
| 2023-12-31 | ₩3776.48 | ₩1017.00 | x |
| 2024-12-31 | ₩2585.58 | ₩1017.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Austem Company 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): -58.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -30.17%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.83x
- Recent ROE (-58.76%) is below the historical average (1.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 6.44% | 1.73% | 1.12x | 3.30x | ₩-1.35 Billion |
| 2007 | 15.26% | 3.74% | 1.41x | 2.89x | ₩2.37 Billion |
| 2008 | 7.96% | 2.30% | 1.02x | 3.40x | ₩-1.02 Billion |
| 2009 | 6.69% | 3.37% | 0.83x | 2.40x | ₩-2.10 Billion |
| 2010 | 19.36% | 8.07% | 1.01x | 2.38x | ₩7.20 Billion |
| 2011 | 12.28% | 4.88% | 0.75x | 3.35x | ₩1.96 Billion |
| 2012 | 10.14% | 3.89% | 0.84x | 3.09x | ₩128.31 Million |
| 2013 | 9.88% | 3.93% | 0.93x | 2.71x | ₩-125.09 Million |
| 2014 | 8.88% | 4.52% | 0.82x | 2.40x | ₩-1.25 Billion |
| 2015 | 11.11% | 6.56% | 0.73x | 2.31x | ₩1.37 Billion |
| 2016 | 7.75% | 5.23% | 0.77x | 1.92x | ₩-3.02 Billion |
| 2017 | 0.41% | 0.30% | 0.71x | 1.98x | ₩-12.30 Billion |
| 2018 | -3.25% | -2.64% | 0.64x | 1.92x | ₩-16.36 Billion |
| 2019 | -12.72% | -9.49% | 0.66x | 2.02x | ₩-24.93 Billion |
| 2020 | 1.92% | 1.73% | 0.60x | 1.84x | ₩-9.38 Billion |
| 2021 | -11.30% | -11.00% | 0.53x | 1.92x | ₩-23.37 Billion |
| 2022 | -14.33% | -12.25% | 0.59x | 1.98x | ₩-23.06 Billion |
| 2023 | 9.87% | 6.99% | 0.89x | 1.58x | ₩-134.52 Million |
| 2024 | -58.76% | -30.17% | 1.07x | 1.83x | ₩-45.14 Billion |
Industry Comparison
This section compares Austem Company 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 |
|---|---|---|---|---|
| Austem Company Ltd (031510) | ₩65.43 Billion | 6.44% | 0.93x | $17.29 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 Austem Company Ltd
Austem Company Ltd. manufactures and sells automotive parts in South Korea and internationally. It offers chassis and modules, including front and rear cross member assemblies, control arm assemblies, axles, and suspension links; body parts, such as longitudinal frame front, longitudinal frame rare, panels, TWB, and IP-beams; steel wheels; and seat products, such as recliner core, round recliner … Read more