Clean & Science co. Ltd
Clean & Science co., Ltd provides materials and filtration products in South Korea. The company offers filter products, such as home appliance filters, automobile cabin filters, air conditioning filter, and gas turbine filter; automotive filter papers, industrial filter papers, and specialty filter paper; melt blown products, including air purifiers, air conditioning, vacuum cleaners, water treat… Read more
Clean & Science co. Ltd (045520) - Net Assets
Latest net assets as of September 2025: ₩18.98 Billion KRW
Based on the latest financial reports, Clean & Science co. Ltd (045520) has net assets worth ₩18.98 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 (₩73.57 Billion) and total liabilities (₩54.59 Billion). 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 | ₩18.98 Billion |
| % of Total Assets | 25.8% |
| Annual Growth Rate | 1.31% |
| 5-Year Change | -63.15% |
| 10-Year Change | -16.36% |
| Growth Volatility | 18.63 |
Clean & Science co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Clean & Science co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Clean & Science co. Ltd (2011–2024)
The table below shows the annual net assets of Clean & Science co. Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩19.64 Billion | -29.44% |
| 2023-12-31 | ₩27.84 Billion | +2.42% |
| 2022-12-31 | ₩27.18 Billion | -37.08% |
| 2021-12-31 | ₩43.20 Billion | -18.96% |
| 2020-12-31 | ₩53.30 Billion | +26.23% |
| 2019-12-31 | ₩42.22 Billion | +15.00% |
| 2018-12-31 | ₩36.72 Billion | +15.51% |
| 2017-12-31 | ₩31.79 Billion | +18.55% |
| 2016-12-31 | ₩26.81 Billion | +14.18% |
| 2015-12-31 | ₩23.48 Billion | +9.29% |
| 2014-12-31 | ₩21.49 Billion | +12.21% |
| 2013-12-31 | ₩19.15 Billion | +8.05% |
| 2012-12-31 | ₩17.72 Billion | +6.80% |
| 2011-12-31 | ₩16.59 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Clean & Science 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 1274881388000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩12.75 Billion | 64.91% |
| Common Stock | ₩3.65 Billion | 18.58% |
| Other Components | ₩3.24 Billion | 16.51% |
| Total Equity | ₩19.64 Billion | 100.00% |
Clean & Science co. Ltd Competitors by Market Cap
The table below lists competitors of Clean & Science co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Highcom Ltd
AU:HCL
|
$8.53 Million |
|
Bangkok Union Insurance Public Co. Ltd.
BK:BUI
|
$8.54 Million |
|
Chinyang Poly
KO:010640
|
$8.54 Million |
|
COCRYSTAL PHARMA NEW O.N.
F:8CC
|
$8.54 Million |
|
SCAND.INV.GR.NAM.B DK 05
F:2D2
|
$8.52 Million |
|
Wulff-Yhtiot Oy
HE:WUF1V
|
$8.52 Million |
|
Atlantic Sapphire ASA
OTCQB:AASZF
|
$8.52 Million |
|
Power & Instrumental (Gujarat) Limited
NSE:PIGL
|
$8.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clean & Science co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 27,836,482,530 to 19,641,405,150, a change of -8,195,077,380 (-29.4%).
- Net loss of 7,406,581,180 reduced equity.
- Other factors decreased equity by 788,496,200.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-7.41 Billion | -37.71% |
| Other Changes | ₩-788.50 Million | -4.01% |
| Total Change | ₩- | -29.44% |
Book Value vs Market Value Analysis
This analysis compares Clean & Science 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: 0.97x
- 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 increased from 0.73x to 0.97x 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 | ₩4296.83 | ₩3125.00 | x |
| 2017-12-31 | ₩5093.95 | ₩3125.00 | x |
| 2018-12-31 | ₩5883.89 | ₩3125.00 | x |
| 2019-12-31 | ₩6834.30 | ₩3125.00 | x |
| 2020-12-31 | ₩8711.86 | ₩3125.00 | x |
| 2021-12-31 | ₩7061.54 | ₩3125.00 | x |
| 2022-12-31 | ₩4443.21 | ₩3125.00 | x |
| 2023-12-31 | ₩4550.68 | ₩3125.00 | x |
| 2024-12-31 | ₩3210.95 | ₩3125.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clean & Science 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): -37.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.75%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 4.20x
- Recent ROE (-37.71%) is below the historical average (1.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 4.25% | 1.58% | 1.09x | 2.47x | ₩-953.92 Million |
| 2012 | 7.08% | 2.66% | 1.21x | 2.19x | ₩-517.82 Million |
| 2013 | 6.96% | 2.46% | 1.37x | 2.07x | ₩-582.00 Million |
| 2014 | 10.15% | 3.88% | 1.43x | 1.83x | ₩32.33 Million |
| 2015 | 15.23% | 6.01% | 1.37x | 1.86x | ₩1.23 Billion |
| 2016 | 13.40% | 5.99% | 1.18x | 1.89x | ₩911.61 Million |
| 2017 | 14.83% | 6.11% | 1.17x | 2.07x | ₩1.53 Billion |
| 2018 | 18.66% | 7.19% | 1.17x | 2.22x | ₩3.18 Billion |
| 2019 | 19.22% | 6.86% | 1.02x | 2.75x | ₩3.89 Billion |
| 2020 | 25.11% | 8.89% | 1.07x | 2.65x | ₩8.05 Billion |
| 2021 | -16.79% | -5.96% | 1.03x | 2.73x | ₩-11.57 Billion |
| 2022 | -59.98% | -18.95% | 0.91x | 3.48x | ₩-19.02 Billion |
| 2023 | 3.24% | 0.98% | 0.98x | 3.38x | ₩-1.88 Billion |
| 2024 | -37.71% | -8.75% | 1.03x | 4.20x | ₩-9.37 Billion |
Industry Comparison
This section compares Clean & Science 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: $135,419,592,788
- Average return on equity (ROE) among peers: 2.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clean & Science co. Ltd (045520) | ₩18.98 Billion | 4.25% | 2.88x | $8.52 Million |
| Hwacheon Mac (000850) | $337.27 Billion | 2.57% | 0.27x | $28.32 Million |
| Daidong Elec (008110) | $88.61 Billion | 9.10% | 0.47x | $11.34 Million |
| Booster Co. Ltd (008470) | $78.71 Billion | -1.57% | 0.22x | $7.43 Million |
| Simpac (009160) | $177.87 Billion | 4.27% | 0.64x | $73.77 Million |
| Kyung Dong Navien Co Ltd (009450) | $187.28 Billion | 5.94% | 0.89x | $260.71 Million |
| Korea Refract (010040) | $108.02 Billion | 5.31% | 0.90x | $5.93 Million |
| Woojin I&S Co Ltd (010400) | $59.84 Billion | 17.27% | 0.32x | $6.85 Million |
| Hwacheon Machi (010660) | $124.59 Billion | -4.92% | 0.27x | $43.29 Million |
| Han Shin Mach (011700) | $89.60 Billion | -1.35% | 0.41x | $87.00 Million |
| STX Corporation (011810) | $102.41 Billion | -13.24% | 6.24x | $45.77 Million |