Cheryong Electric Co.Ltd Net Assets
Cheryong Electric Co.Ltd net assets. Based on the latest financial reports, Cheryong Electric Co.Ltd (033100) has net assets worth ₩230.46 Billion KRW (≈ $156.18 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 (₩263.40 Billion ≈ $178.50 Million USD) and total liabilities (₩32.93 Billion ≈ $22.32 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. Also explore Cheryong Electric Co.Ltd (033100) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩230.46 Billion |
| % of Total Assets | 87.5% |
| Annual Growth Rate | 14.37% |
| 5-Year Change | 234.64% |
| 10-Year Change | 263.68% |
| Growth Volatility | 26.22 |
Net Assets of Cheryong Electric Co.Ltd (2014–2024)
Net assets of Cheryong Electric Co.Ltd from 2014 to 2024. This chart illustrates how Cheryong Electric Co.Ltd's net assets have evolved over time, based on quarterly financial data. See Cheryong Electric Co.Ltd (033100) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Cheryong Electric Co.Ltd (2014–2024)
The table below shows the annual net assets of Cheryong Electric Co.Ltd from 2014 to 2024. For live market cap and overall valuation, see 033100 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩196.69 Billion ≈ $133.30 Million |
+57.60% |
| 2023-12-31 | ₩124.80 Billion ≈ $84.58 Million |
+76.20% |
| 2022-12-31 | ₩70.83 Billion ≈ $48.00 Million |
+19.74% |
| 2021-12-31 | ₩59.15 Billion ≈ $40.09 Million |
+0.64% |
| 2020-12-31 | ₩58.78 Billion ≈ $39.83 Million |
+4.86% |
| 2019-12-31 | ₩56.06 Billion ≈ $37.99 Million |
+9.32% |
| 2018-12-31 | ₩51.28 Billion ≈ $34.75 Million |
+4.32% |
| 2017-12-31 | ₩49.15 Billion ≈ $33.31 Million |
-2.68% |
| 2016-12-31 | ₩50.51 Billion ≈ $34.23 Million |
-6.61% |
| 2015-12-31 | ₩54.08 Billion ≈ $36.65 Million |
+5.35% |
| 2014-12-31 | ₩51.34 Billion ≈ $34.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Cheryong Electric 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 338.4% over the analyzed period, indicating profitable operations and earnings retention.
Cheryong Electric Co.Ltd Net Assets Breakdown (December 2024)
Cheryong Electric Co.Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩171.49 Billion | 87.19% |
| Common Stock | ₩8.03 Billion | 4.08% |
| Other Components | ₩17.17 Billion | 8.73% |
| Total Equity | ₩196.69 Billion | 100.00% |
Cheryong Electric Co.Ltd Competitors by Market Cap
The table below lists competitors of Cheryong Electric Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Proact IT Group AB
ST:PACT
|
$397.36 Million |
|
Zhejiang Jinfei Kaida Wheel Co Ltd
SHE:002863
|
$397.39 Million |
|
LF Corp
KO:093050
|
$397.56 Million |
|
First Carolina Financial Services, Inc.
NYSE:FCBM
|
$397.68 Million |
|
BENZ MINING CORP CDI/1
F:1VU0
|
$397.29 Million |
|
PMET Resources Inc.
TO:PMET
|
$397.17 Million |
|
Unifique Telecomunicações S.A.
SA:FIQE3
|
$397.14 Million |
|
Shenzhen Changfang Light Emitting
SHE:300301
|
$397.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cheryong Electric Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 124,804,397,360 to 196,694,449,290, a change of 71,890,051,930 (57.6%).
- Net income of 79,921,256,430 contributed positively to equity growth.
- Dividend payments of 8,031,204,500 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩79.92 Billion | +40.63% |
| Dividends Paid | ₩8.03 Billion | -4.08% |
| Total Change | ₩- | 57.60% |
Book Value vs Market Value Analysis
This analysis compares Cheryong Electric 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: 2.98x
- 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 11.61x to 2.98x 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 | ₩3144.73 | ₩36500.00 | x |
| 2017-12-31 | ₩3060.30 | ₩36500.00 | x |
| 2018-12-31 | ₩3192.43 | ₩36500.00 | x |
| 2019-12-31 | ₩3490.04 | ₩36500.00 | x |
| 2020-12-31 | ₩3659.51 | ₩36500.00 | x |
| 2021-12-31 | ₩3682.71 | ₩36500.00 | x |
| 2022-12-31 | ₩4409.67 | ₩36500.00 | x |
| 2023-12-31 | ₩7769.97 | ₩36500.00 | x |
| 2024-12-31 | ₩12245.64 | ₩36500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cheryong Electric 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): 40.63%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.42%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 1.23x
- Recent ROE (40.63%) is above the historical average (12.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 9.81% | 8.79% | 0.91x | 1.23x | ₩-98.52 Million |
| 2015 | 6.57% | 5.60% | 0.95x | 1.23x | ₩-1.86 Billion |
| 2016 | -5.33% | -6.75% | 0.64x | 1.23x | ₩-7.74 Billion |
| 2017 | -1.13% | -1.16% | 0.82x | 1.18x | ₩-5.47 Billion |
| 2018 | 5.71% | 6.88% | 0.72x | 1.15x | ₩-2.20 Billion |
| 2019 | 9.96% | 12.35% | 0.70x | 1.15x | ₩-22.49 Million |
| 2020 | 6.00% | 7.98% | 0.62x | 1.21x | ₩-2.35 Billion |
| 2021 | 1.98% | 2.41% | 0.63x | 1.31x | ₩-4.74 Billion |
| 2022 | 17.62% | 14.50% | 0.98x | 1.24x | ₩5.40 Billion |
| 2023 | 45.18% | 30.65% | 1.16x | 1.27x | ₩43.90 Billion |
| 2024 | 40.63% | 30.42% | 1.09x | 1.23x | ₩60.25 Billion |
Industry Comparison
This section compares Cheryong Electric Co.Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $189,977,084,381
- Average return on equity (ROE) among peers: 3.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cheryong Electric Co.Ltd (033100) | ₩230.46 Billion | 9.81% | 0.14x | $397.31 Million |
| Hwacheon Mac (000850) | $263.74 Billion | 6.07% | 0.29x | $53.67 Million |
| Daidong Elec (008110) | $92.73 Billion | 3.12% | 0.33x | $71.25 Million |
| Booster Co. Ltd (008470) | $78.63 Billion | 2.15% | 0.34x | $17.22 Million |
| Simpac (009160) | $670.34 Billion | 3.07% | 0.99x | $182.58 Million |
| Kyung Dong Navien Co Ltd (009450) | $256.51 Billion | 10.30% | 0.96x | $576.90 Million |
| Korea Refract (010040) | $123.18 Billion | 9.45% | 0.75x | $35.76 Million |
| Woojin I&S Co Ltd (010400) | $95.63 Billion | 2.02% | 0.19x | $16.64 Million |
| Hwacheon Machi (010660) | $125.81 Billion | 4.28% | 0.24x | $52.11 Million |
| Han Shin Mach (011700) | $90.80 Billion | 4.11% | 0.28x | $42.85 Million |
| STX Corporation (011810) | $102.41 Billion | -13.24% | 6.24x | $74.11 Million |
About Cheryong Electric Co.Ltd
Cheryong Electric Co.,Ltd. manufactures and sells power electric equipment in South Korea. It offers transformers, such as amorphous, solid insulation distribution, power oil immersed, cast resin, PAD mounted, pole mounted, autotransformer, seismic withstanding cast resin, submersible, and solid insulation overhead. It also provides gas insulated switchgear for power transmission and distribution… Read more