Ecoplastic Corporation
Ecoplastic Corporation engages in the research, development, production, and sale of auto plastic parts in South Korea. It offers bumpers; consoles, instrument panels, radiator grilles, tail gate garnishes, wheel covers, back panels, rear garnishes, and roof racks; and bumper, trim, lamp, engine part, and fuel tank molds. The company was founded in 1984 and is based in Gyeongju, South Korea.
Ecoplastic Corporation (038110) - Net Assets
Latest net assets as of September 2025: ₩356.72 Billion KRW
Based on the latest financial reports, Ecoplastic Corporation (038110) has net assets worth ₩356.72 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.56 Trillion) and total liabilities (₩1.21 Trillion). 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 | ₩356.72 Billion |
| % of Total Assets | 22.81% |
| Annual Growth Rate | 6.09% |
| 5-Year Change | 122.99% |
| 10-Year Change | 75.55% |
| Growth Volatility | 13.47 |
Ecoplastic Corporation - Net Assets Trend (2005–2024)
This chart illustrates how Ecoplastic Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ecoplastic Corporation (2005–2024)
The table below shows the annual net assets of Ecoplastic Corporation from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩228.27 Billion | +4.80% |
| 2023-12-31 | ₩217.83 Billion | +40.54% |
| 2022-12-31 | ₩154.99 Billion | +20.09% |
| 2021-12-31 | ₩129.06 Billion | +26.08% |
| 2020-12-31 | ₩102.37 Billion | -6.70% |
| 2019-12-31 | ₩109.72 Billion | -0.81% |
| 2018-12-31 | ₩110.62 Billion | -9.79% |
| 2017-12-31 | ₩122.63 Billion | -4.76% |
| 2016-12-31 | ₩128.75 Billion | -0.98% |
| 2015-12-31 | ₩130.03 Billion | +4.55% |
| 2014-12-31 | ₩124.37 Billion | +6.47% |
| 2013-12-31 | ₩116.82 Billion | +3.45% |
| 2012-12-31 | ₩112.92 Billion | +8.26% |
| 2011-12-31 | ₩104.31 Billion | +24.46% |
| 2006-12-31 | ₩83.81 Billion | +12.88% |
| 2005-12-31 | ₩74.25 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ecoplastic Corporation'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 14960776064000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩149.61 Billion | 65.54% |
| Common Stock | ₩20.58 Billion | 9.02% |
| Other Components | ₩58.08 Billion | 25.44% |
| Total Equity | ₩228.27 Billion | 100.00% |
Ecoplastic Corporation Competitors by Market Cap
The table below lists competitors of Ecoplastic Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Abliva AB
ST:ABLI
|
$46.60 Million |
|
Playstudios Inc
NASDAQ:MYPS
|
$46.61 Million |
|
Red Robin Gourmet Burgers Inc
NASDAQ:RRGB
|
$46.61 Million |
|
Chain Chon Industrial Co Ltd
TWO:5014
|
$46.63 Million |
|
EURO PRATIK SALES LIMITED
NSE:EUROPRATIK
|
$46.56 Million |
|
Thunderbird Entertainment Group Inc
OTCQX:THBRF
|
$46.56 Million |
|
Mayfair Gold Corp
OTCQX:MFGCF
|
$46.56 Million |
|
Zevia Pbc
NYSE:ZVIA
|
$46.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ecoplastic Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 216,676,369,720 to 228,274,582,290, a change of 11,598,212,570 (5.4%).
- Net income of 14,082,908,880 contributed positively to equity growth.
- Dividend payments of 2,410,724,280 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩14.08 Billion | +6.17% |
| Dividends Paid | ₩2.41 Billion | -1.06% |
| Other Changes | ₩-73.97 Million | -0.03% |
| Total Change | ₩- | 5.35% |
Book Value vs Market Value Analysis
This analysis compares Ecoplastic Corporation'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: 0.52x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩5106.65 | ₩2930.00 | x |
| 2017-12-31 | ₩4863.59 | ₩2930.00 | x |
| 2018-12-31 | ₩3879.31 | ₩2930.00 | x |
| 2019-12-31 | ₩3947.94 | ₩2930.00 | x |
| 2020-12-31 | ₩3684.90 | ₩2930.00 | x |
| 2021-12-31 | ₩3349.55 | ₩2930.00 | x |
| 2022-12-31 | ₩4512.75 | ₩2930.00 | x |
| 2023-12-31 | ₩5392.81 | ₩2930.00 | x |
| 2024-12-31 | ₩5681.48 | ₩2930.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ecoplastic Corporation 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): 6.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.62%
- • Asset Turnover: 1.73x
- • Equity Multiplier: 5.73x
- Recent ROE (6.17%) is above the historical average (4.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 15.60% | 1.98% | 2.16x | 3.65x | ₩3.44 Billion |
| 2006 | 11.37% | 1.48% | 2.22x | 3.47x | ₩938.85 Million |
| 2011 | 14.01% | 2.02% | 2.23x | 3.12x | ₩4.18 Billion |
| 2012 | 3.15% | 0.40% | 1.93x | 4.08x | ₩-7.22 Billion |
| 2013 | 2.76% | 0.31% | 2.05x | 4.28x | ₩-7.98 Billion |
| 2014 | 4.54% | 0.50% | 2.07x | 4.42x | ₩-6.42 Billion |
| 2015 | 3.66% | 0.40% | 1.97x | 4.72x | ₩-7.79 Billion |
| 2016 | 3.36% | 0.40% | 1.85x | 4.60x | ₩-8.55 Billion |
| 2017 | -7.36% | -0.87% | 1.80x | 4.73x | ₩-21.29 Billion |
| 2018 | -11.09% | -1.13% | 1.77x | 5.54x | ₩-23.33 Billion |
| 2019 | -0.75% | -0.07% | 1.94x | 5.72x | ₩-11.80 Billion |
| 2020 | -6.11% | -0.48% | 2.05x | 6.17x | ₩-16.50 Billion |
| 2021 | 3.40% | 0.29% | 2.22x | 5.30x | ₩-8.52 Billion |
| 2022 | 15.23% | 1.30% | 2.25x | 5.23x | ₩8.10 Billion |
| 2023 | 20.16% | 2.02% | 2.19x | 4.56x | ₩22.01 Billion |
| 2024 | 6.17% | 0.62% | 1.73x | 5.73x | ₩-8.74 Billion |
Industry Comparison
This section compares Ecoplastic Corporation's net assets metrics with peer companies in the Automobiles & Auto Parts industry.
Industry Context
- Industry: Automobiles & Auto Parts
- Average net assets among peers: $64,693,877,128
- Average return on equity (ROE) among peers: 0.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ecoplastic Corporation (038110) | ₩356.72 Billion | 15.60% | 3.38x | $46.59 Million |
| CBI Co. Ltd (013720) | $30.17 Billion | -40.70% | 1.54x | $40.80 Million |
| Ilji Technology Co. Ltd (019540) | $122.84 Billion | -2.81% | 1.81x | $31.01 Million |
| CNH Co. Ltd (023460) | $96.88 Billion | 3.26% | 2.48x | $122.68K |
| Hanil Forging Industrial Co. Ltd (024740) | $68.01 Billion | 4.18% | 0.95x | $45.82 Million |
| HRS Co. Ltd (036640) | $74.76 Billion | 5.31% | 0.30x | $29.83 Million |
| Saedong Co.Ltd (053060) | $22.63 Billion | 0.00% | 2.08x | $10.63 Million |
| Guyoung Technology Co. Ltd (053270) | $83.43 Billion | 4.77% | 1.88x | $20.94 Million |
| Sambo Motors Co. Ltd (053700) | $50.01 Billion | 7.84% | 2.19x | $45.66 Million |
| ESTec Corporation (069510) | $33.53 Billion | 21.14% | 0.91x | $30.52 Million |