Paru Co. Ltd (043200) - Net Assets
Based on the latest financial reports, Paru Co. Ltd (043200) has net assets worth ₩24.39 Billion KRW (≈ $16.53 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 (₩58.09 Billion ≈ $39.37 Million USD) and total liabilities (₩33.70 Billion ≈ $22.84 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 043200 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩24.39 Billion |
| % of Total Assets | 41.98% |
| Annual Growth Rate | 5.29% |
| 5-Year Change | -1.37% |
| 10-Year Change | -37.53% |
| Growth Volatility | 42.25 |
Paru Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Paru Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Paru Co. Ltd for the complete picture of this company's asset base.
Annual Net Assets for Paru Co. Ltd (2011–2024)
The table below shows the annual net assets of Paru Co. Ltd from 2011 to 2024. For live valuation and market cap data, see market cap of Paru Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩27.99 Billion ≈ $18.97 Million |
-3.24% |
| 2023-12-31 | ₩28.93 Billion ≈ $19.60 Million |
+22.81% |
| 2022-12-31 | ₩23.55 Billion ≈ $15.96 Million |
-14.53% |
| 2021-12-31 | ₩27.56 Billion ≈ $18.68 Million |
-2.89% |
| 2020-12-31 | ₩28.38 Billion ≈ $19.23 Million |
-37.79% |
| 2019-12-31 | ₩45.62 Billion ≈ $30.92 Million |
+35.72% |
| 2018-12-31 | ₩33.62 Billion ≈ $22.78 Million |
-43.88% |
| 2017-12-31 | ₩59.90 Billion ≈ $40.59 Million |
-23.74% |
| 2016-12-31 | ₩78.54 Billion ≈ $53.22 Million |
+75.27% |
| 2015-12-31 | ₩44.81 Billion ≈ $30.37 Million |
+40.12% |
| 2014-12-31 | ₩31.98 Billion ≈ $21.67 Million |
+108.81% |
| 2013-12-31 | ₩15.32 Billion ≈ $10.38 Million |
-5.92% |
| 2012-12-31 | ₩16.28 Billion ≈ $11.03 Million |
+13.64% |
| 2011-12-31 | ₩14.33 Billion ≈ $9.71 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Paru 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 decreased by 3290167160000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩20.90 Billion | 74.68% |
| Other Components | ₩39.99 Billion | 142.87% |
| Total Equity | ₩27.99 Billion | 100.00% |
Paru Co. Ltd Competitors by Market Cap
The table below lists competitors of Paru Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Genoway
PA:ALGEN
|
$30.11 Million |
|
Urban One Inc Class D
NASDAQ:UONEK
|
$30.13 Million |
|
Finbond Group Ltd
JSE:FGL
|
$30.15 Million |
|
Chariot Oil & Gas Limited
F:C62
|
$30.16 Million |
|
Omax Autos Limited
NSE:OMAXAUTO
|
$30.09 Million |
|
Dental Corporation Public Company Limited
BK:D
|
$30.08 Million |
|
Dongkuk Refractories & Steel Co. Ltd
KQ:075970
|
$30.05 Million |
|
AGUIA RES LTD AD-20
F:5N91
|
$30.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Paru Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,829,913,050 to 27,990,456,460, a change of -839,456,590 (-2.9%).
- Net loss of 808,307,700 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-808.31 Million | -2.89% |
| Other Changes | ₩-31.15 Million | -0.11% |
| Total Change | ₩- | -2.91% |
Book Value vs Market Value Analysis
This analysis compares Paru 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: 1.59x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.37x to 1.59x 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 | ₩2842.97 | ₩1063.00 | x |
| 2017-12-31 | ₩2019.82 | ₩1063.00 | x |
| 2018-12-31 | ₩1133.51 | ₩1063.00 | x |
| 2019-12-31 | ₩1267.54 | ₩1063.00 | x |
| 2020-12-31 | ₩731.91 | ₩1063.00 | x |
| 2021-12-31 | ₩659.44 | ₩1063.00 | x |
| 2022-12-31 | ₩563.61 | ₩1063.00 | x |
| 2023-12-31 | ₩689.83 | ₩1063.00 | x |
| 2024-12-31 | ₩669.74 | ₩1063.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Paru 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): -2.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.02%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.12x
- Recent ROE (-2.89%) is above the historical average (-19.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.59% | 0.33% | 0.81x | 2.25x | ₩-3.01 Billion |
| 2015 | 21.69% | 7.68% | 1.28x | 2.20x | ₩5.24 Billion |
| 2016 | 5.22% | 3.88% | 0.96x | 1.40x | ₩-3.75 Billion |
| 2017 | -41.94% | -87.01% | 0.42x | 1.15x | ₩-31.11 Billion |
| 2018 | -75.88% | -70.17% | 0.75x | 1.44x | ₩-28.87 Billion |
| 2019 | 0.97% | 0.83% | 0.78x | 1.48x | ₩-4.12 Billion |
| 2020 | -84.75% | -58.15% | 0.68x | 2.15x | ₩-26.89 Billion |
| 2021 | -14.26% | -8.03% | 0.71x | 2.49x | ₩-6.69 Billion |
| 2022 | -19.67% | -11.43% | 0.75x | 2.29x | ₩-6.99 Billion |
| 2023 | -3.47% | -2.37% | 0.63x | 2.34x | ₩-3.88 Billion |
| 2024 | -2.89% | -2.02% | 0.68x | 2.12x | ₩-3.61 Billion |
Industry Comparison
This section compares Paru Co. Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,284,807,734,535
- Average return on equity (ROE) among peers: 2.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Paru Co. Ltd (043200) | ₩24.39 Billion | 0.59% | 1.38x | $30.11 Million |
| Kumho Electric (001210) | $181.00 Billion | -26.29% | 1.63x | $38.70 Million |
| Taihan Electric Wire Co Ltd (001440) | $1.13 Trillion | 0.00% | 3.65x | $7.09 Billion |
| Posco Chemical Co Ltd (003670) | $2.61 Trillion | 1.10% | 1.43x | $15.19 Billion |
| Sebang Global Battery Co Ltd (004490) | $585.52 Billion | 16.71% | 0.32x | $589.11 Million |
| LS Corp (006260) | $1.23 Trillion | 5.22% | 1.77x | $8.51 Billion |
| Daewon Cable (006340) | $81.19 Billion | 4.37% | 1.64x | $786.10 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $81.39 Billion | 1.52% | 1.35x | $458.78 Million |
| Samsung SDI (006400) | $12.66 Trillion | 2.82% | 0.57x | $36.39 Billion |
| Samsung Sdi Co Pref (006405) | $13.36 Trillion | 4.30% | 0.61x | $345.34 Million |
| LS Electric (010120) | $926.95 Billion | 12.57% | 1.27x | $5.60 Billion |
About Paru Co. Ltd
Paru Co., Ltd provides tracking solutions for utility, commercial, and residential solar energy systems worldwide. The company offers single and dual axis trackers, as well as fixed type solar trackers. It also generates solar power energy; and provides printed electronics. Paru Co., Ltd was founded in 1993 and is headquartered in Suncheon-Si, South Korea.