NuriFlex Co.Ltd Net Assets
NuriFlex Co.Ltd net assets. Based on the latest financial reports, NuriFlex Co.Ltd (040160) has net assets worth ₩72.04 Billion KRW (≈ $48.82 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 (₩156.18 Billion ≈ $105.84 Million USD) and total liabilities (₩84.14 Billion ≈ $57.02 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 040160 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩72.04 Billion |
| % of Total Assets | 46.13% |
| Annual Growth Rate | 3.22% |
| 5-Year Change | 11.29% |
| 10-Year Change | 60.0% |
| Growth Volatility | 13.51 |
Net Assets of NuriFlex Co.Ltd (2007–2024)
Net assets of NuriFlex Co.Ltd from 2007 to 2024. This chart illustrates how NuriFlex Co.Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of NuriFlex Co.Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for NuriFlex Co.Ltd (2007–2024)
The table below shows the annual net assets of NuriFlex Co.Ltd from 2007 to 2024. For live market cap and overall valuation, see NuriFlex Co.Ltd (040160) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩77.47 Billion ≈ $52.50 Million |
-6.00% |
| 2023-12-31 | ₩82.41 Billion ≈ $55.85 Million |
+3.63% |
| 2022-12-31 | ₩79.53 Billion ≈ $53.90 Million |
+0.88% |
| 2021-12-31 | ₩78.84 Billion ≈ $53.43 Million |
+13.27% |
| 2020-12-31 | ₩69.60 Billion ≈ $47.17 Million |
+1.90% |
| 2019-12-31 | ₩68.31 Billion ≈ $46.29 Million |
+12.08% |
| 2018-12-31 | ₩60.94 Billion ≈ $41.30 Million |
+23.97% |
| 2017-12-31 | ₩49.16 Billion ≈ $33.32 Million |
-10.55% |
| 2016-12-31 | ₩54.96 Billion ≈ $37.25 Million |
+13.51% |
| 2015-12-31 | ₩48.42 Billion ≈ $32.81 Million |
+22.59% |
| 2014-12-31 | ₩39.49 Billion ≈ $26.76 Million |
+3.69% |
| 2013-12-31 | ₩38.09 Billion ≈ $25.81 Million |
-26.50% |
| 2012-12-31 | ₩51.82 Billion ≈ $35.12 Million |
-17.25% |
| 2011-12-31 | ₩62.62 Billion ≈ $42.44 Million |
+0.33% |
| 2010-12-31 | ₩62.41 Billion ≈ $42.30 Million |
+3.47% |
| 2009-12-31 | ₩60.32 Billion ≈ $40.88 Million |
+23.43% |
| 2008-12-31 | ₩48.87 Billion ≈ $33.12 Million |
+8.15% |
| 2007-12-31 | ₩45.19 Billion ≈ $30.62 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NuriFlex 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 4801.4% over the analyzed period, indicating profitable operations and earnings retention.
NuriFlex Co.Ltd Net Assets Breakdown (December 2024)
NuriFlex Co.Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩36.63 Billion | 47.29% |
| Common Stock | ₩6.03 Billion | 7.78% |
| Other Components | ₩34.80 Billion | 44.93% |
| Total Equity | ₩77.47 Billion | 100.00% |
NuriFlex Co.Ltd Competitors by Market Cap
The table below lists competitors of NuriFlex Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
$35.15 Million |
|
Mind Technology Inc
NASDAQ:MIND
|
$35.16 Million |
|
TJ media Co. Ltd
KQ:032540
|
$35.17 Million |
|
Nephros Inc
NASDAQ:NEPH
|
$35.18 Million |
|
KB SPAC 7
KQ:214270
|
$35.13 Million |
|
Yooshin Engineering Corporation
KQ:054930
|
$35.13 Million |
|
Shield On Service Tbk PT
JK:SOSS
|
$35.12 Million |
|
GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret AS
IS:GSDDE
|
$35.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NuriFlex Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 82,516,200,120 to 77,465,954,000, a change of -5,050,246,120 (-6.1%).
- Net loss of 4,150,511,630 reduced equity.
- Dividend payments of 564,899,250 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-4.15 Billion | -5.36% |
| Dividends Paid | ₩564.90 Million | -0.73% |
| Other Changes | ₩-334.84 Million | -0.43% |
| Total Change | ₩- | -6.12% |
Book Value vs Market Value Analysis
This analysis compares NuriFlex 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: 0.67x
- 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 0.98x to 0.67x 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 | ₩4689.68 | ₩4590.00 | x |
| 2017-12-31 | ₩4194.83 | ₩4590.00 | x |
| 2018-12-31 | ₩5200.41 | ₩4590.00 | x |
| 2019-12-31 | ₩5908.45 | ₩4590.00 | x |
| 2020-12-31 | ₩6160.81 | ₩4590.00 | x |
| 2021-12-31 | ₩6978.10 | ₩4590.00 | x |
| 2022-12-31 | ₩7039.20 | ₩4590.00 | x |
| 2023-12-31 | ₩7303.62 | ₩4590.00 | x |
| 2024-12-31 | ₩6856.61 | ₩4590.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NuriFlex 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): -5.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.21%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 2.08x
- Recent ROE (-5.36%) is below the historical average (6.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 7.48% | 5.03% | 0.75x | 1.99x | ₩-864.68 Million |
| 2008 | 6.14% | 3.05% | 0.88x | 2.30x | ₩-1.40 Billion |
| 2009 | 3.00% | 2.01% | 0.74x | 2.01x | ₩-3.22 Billion |
| 2013 | 17.00% | 17.26% | 0.60x | 1.64x | ₩2.66 Billion |
| 2014 | 3.79% | 3.84% | 0.61x | 1.61x | ₩-2.45 Billion |
| 2015 | 9.17% | 7.60% | 0.85x | 1.42x | ₩-403.51 Million |
| 2016 | 11.81% | 12.65% | 0.63x | 1.48x | ₩994.52 Million |
| 2017 | -11.88% | -4.97% | 0.84x | 2.85x | ₩-10.76 Billion |
| 2018 | 19.28% | 6.17% | 1.48x | 2.11x | ₩5.65 Billion |
| 2019 | 12.99% | 6.00% | 1.15x | 1.88x | ₩2.04 Billion |
| 2020 | 4.11% | 2.60% | 0.89x | 1.78x | ₩-4.10 Billion |
| 2021 | 11.08% | 10.21% | 0.53x | 2.05x | ₩850.09 Million |
| 2022 | 0.79% | 0.50% | 0.81x | 1.93x | ₩-7.33 Billion |
| 2023 | 3.56% | 2.21% | 0.87x | 1.85x | ₩-5.31 Billion |
| 2024 | -5.36% | -3.21% | 0.80x | 2.08x | ₩-11.90 Billion |
Industry Comparison
This section compares NuriFlex Co.Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $80,248,035,548
- Average return on equity (ROE) among peers: 6.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NuriFlex Co.Ltd (040160) | ₩72.04 Billion | 7.48% | 1.17x | $35.14 Million |
| Douzone Bizon Co Ltd (012510) | $182.16 Billion | 23.11% | 0.53x | $2.28 Billion |
| Raonsecure Co. Ltd (042510) | $19.51 Billion | 19.09% | 0.41x | $125.08 Million |
| Osangjaiel Co. Ltd (053980) | $71.97 Billion | 11.73% | 0.39x | $28.22 Million |
| Gemvaxlink Co. Ltd (064800) | $149.00 Billion | 6.51% | 0.35x | $33.50 Million |
| Mobileleader Co.Ltd (100030) | $45.54 Billion | 20.84% | 0.47x | $42.82 Million |
| Selvas Ai Inc. (108860) | $168.52 Billion | -1.51% | 0.14x | $129.50 Million |
| RSUPPORT Co. Ltd (131370) | $61.96 Billion | 13.90% | 0.27x | $48.32 Million |
| KineMaster Corporation (139670) | $12.36 Billion | -25.44% | 0.13x | $16.79 Million |
| Bflysoft Co. Ltd. (148780) | $11.22 Billion | -6.77% | 0.35x | $77.36 Million |
About NuriFlex Co.Ltd
NuriFlex Co.,Ltd. provides optimal IoT solutions for utilities, manufacturing, energy, and public sector in South Korea and internationally. The company offers Advanced Metering Infrastructure (AMI) solutions for communication devices, such as smart meters, concentrators, repeaters, and electronic billing presentment and payment; Online Pre-Paid AMI that enables clients to measure, manage, collec… Read more