Ecoplastic Corporation (038110) - Net Assets
Based on the latest financial reports, Ecoplastic Corporation (038110) has net assets worth ₩359.73 Billion KRW (≈ $243.78 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.70 Trillion ≈ $1.15 Billion USD) and total liabilities (₩1.34 Trillion ≈ $906.22 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 Ecoplastic Corporation liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩359.73 Billion |
| % of Total Assets | 21.2% |
| Annual Growth Rate | 8.21% |
| 5-Year Change | 178.72% |
| 10-Year Change | 179.39% |
| Growth Volatility | 17.63 |
Ecoplastic Corporation - Net Assets Trend (2005–2025)
This chart illustrates how Ecoplastic Corporation's net assets have evolved over time, based on quarterly financial data. Also explore Ecoplastic Corporation balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Ecoplastic Corporation (2005–2025)
The table below shows the annual net assets of Ecoplastic Corporation from 2005 to 2025. For live valuation and market cap data, see market cap of Ecoplastic Corporation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩359.73 Billion ≈ $243.78 Million |
+57.59% |
| 2024-12-31 | ₩228.27 Billion ≈ $154.70 Million |
+4.80% |
| 2023-12-31 | ₩217.83 Billion ≈ $147.62 Million |
+40.54% |
| 2022-12-31 | ₩154.99 Billion ≈ $105.04 Million |
+20.09% |
| 2021-12-31 | ₩129.06 Billion ≈ $87.46 Million |
+26.08% |
| 2020-12-31 | ₩102.37 Billion ≈ $69.37 Million |
-6.70% |
| 2019-12-31 | ₩109.72 Billion ≈ $74.36 Million |
-0.81% |
| 2018-12-31 | ₩110.62 Billion ≈ $74.97 Million |
-9.79% |
| 2017-12-31 | ₩122.63 Billion ≈ $83.10 Million |
-4.76% |
| 2016-12-31 | ₩128.75 Billion ≈ $87.26 Million |
-0.98% |
| 2015-12-31 | ₩130.03 Billion ≈ $88.12 Million |
+4.55% |
| 2014-12-31 | ₩124.37 Billion ≈ $84.29 Million |
+6.47% |
| 2013-12-31 | ₩116.82 Billion ≈ $79.17 Million |
+3.45% |
| 2012-12-31 | ₩112.92 Billion ≈ $76.52 Million |
+8.26% |
| 2011-12-31 | ₩104.31 Billion ≈ $70.69 Million |
+24.46% |
| 2006-12-31 | ₩83.81 Billion ≈ $56.80 Million |
+12.88% |
| 2005-12-31 | ₩74.25 Billion ≈ $50.32 Million |
-- |
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 14747439731000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩147.47 Billion | 41.00% |
| Other Components | ₩212.25 Billion | 59.00% |
| Total Equity | ₩359.73 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 |
|---|---|
|
Oriola-KD Oyj A
HE:OKDAV
|
$64.02 Million |
|
Gaia Inc
NASDAQ:GAIA
|
$64.04 Million |
|
abrdn Asia Pacific Income Fund VCC
TO:FAP
|
$64.07 Million |
|
Visaka Industries Limited
NSE:VISAKAIND
|
$64.09 Million |
|
Mobilicom Limited American Depositary Shares
NASDAQ:MOB
|
$64.00 Million |
|
Korea New Network Co. Ltd
KQ:058400
|
$63.99 Million |
|
Natura City Developments Tbk PT
JK:CITY
|
$63.98 Million |
|
Metro Systems Corporation Public Company Limited
BK:MSC
|
$63.96 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 2024 to 2025, total equity changed from 228,274,582,290 to 359,728,111,610, a change of 131,453,529,320 (57.6%).
- Net income of 1,990,934,290 contributed positively to equity growth.
- Dividend payments of 2,410,724,280 reduced retained earnings.
- Share repurchases of 156,842,840 reduced equity.
- New share issuances of 3,103,301,520 increased equity.
- Other factors increased equity by 128,926,860,630.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.99 Billion | +0.55% |
| Dividends Paid | ₩2.41 Billion | -0.67% |
| Share Repurchases | ₩156.84 Million | -0.04% |
| Share Issuances | ₩3.10 Billion | +0.86% |
| Other Changes | ₩128.93 Billion | +35.84% |
| Total Change | ₩- | 57.59% |
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: 0.41x
- 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 decreased from 0.72x to 0.41x 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 | ₩5106.65 | ₩3680.00 | x |
| 2017-12-31 | ₩4863.59 | ₩3680.00 | x |
| 2018-12-31 | ₩3879.31 | ₩3680.00 | x |
| 2019-12-31 | ₩3947.94 | ₩3680.00 | x |
| 2020-12-31 | ₩3684.90 | ₩3680.00 | x |
| 2021-12-31 | ₩3349.55 | ₩3680.00 | x |
| 2022-12-31 | ₩4512.75 | ₩3680.00 | x |
| 2023-12-31 | ₩5392.81 | ₩3680.00 | x |
| 2024-12-31 | ₩5681.48 | ₩3680.00 | x |
| 2025-12-31 | ₩8953.20 | ₩3680.00 | 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): 0.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.08%
- • Asset Turnover: 1.51x
- • Equity Multiplier: 4.72x
- Recent ROE (0.55%) is below the historical average (4.63%), suggesting potential challenges in 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 |
| 2025 | 0.55% | 0.08% | 1.51x | 4.72x | ₩-33.98 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: $60,812,776,317
- Average return on equity (ROE) among peers: 8.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ecoplastic Corporation (038110) | ₩359.73 Billion | 15.60% | 3.72x | $64.02 Million |
| CBI Co. Ltd (013720) | $21.98 Billion | 1.40% | 0.86x | $3.65 Million |
| Ilji Technology Co. Ltd (019540) | $62.17 Billion | 12.33% | 2.56x | $63.54 Million |
| Hanil Forging Industrial Co. Ltd (024740) | $111.82 Billion | 6.15% | 1.31x | $70.69 Million |
| HRS Co. Ltd (036640) | $64.71 Billion | 3.64% | 0.26x | $58.13 Million |
| Saedong Co.Ltd (053060) | $19.87 Billion | 1.58% | 1.16x | $18.17 Million |
| Guyoung Technology Co. Ltd (053270) | $21.36 Billion | 2.69% | 4.61x | $39.94 Million |
| Sambo Motors Co. Ltd (053700) | $174.03 Billion | 9.16% | 2.83x | $65.08 Million |
| ESTec Corporation (069510) | $33.53 Billion | 21.14% | 0.91x | $92.96 Million |
| Sungchang Autotech Co. Ltd (080470) | $37.84 Billion | 16.52% | 0.93x | $21.25 Million |
About 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.