Komelon Corporation (049430) - Net Assets
Based on the latest financial reports, Komelon Corporation (049430) has net assets worth ₩250.34 Billion KRW (≈ $169.65 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 (₩255.94 Billion ≈ $173.45 Million USD) and total liabilities (₩5.60 Billion ≈ $3.79 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 Komelon Corporation (049430) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩250.34 Billion |
| % of Total Assets | 97.81% |
| Annual Growth Rate | 9.41% |
| 5-Year Change | 57.47% |
| 10-Year Change | 133.0% |
| Growth Volatility | 3.89 |
Komelon Corporation - Net Assets Trend (2006–2024)
This chart illustrates how Komelon Corporation's net assets have evolved over time, based on quarterly financial data. Also explore Komelon Corporation balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Komelon Corporation (2006–2024)
The table below shows the annual net assets of Komelon Corporation from 2006 to 2024. For live valuation and market cap data, see 049430 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩234.41 Billion ≈ $158.86 Million |
+13.11% |
| 2023-12-31 | ₩207.24 Billion ≈ $140.44 Million |
+6.54% |
| 2022-12-31 | ₩194.52 Billion ≈ $131.82 Million |
+7.12% |
| 2021-12-31 | ₩181.59 Billion ≈ $123.06 Million |
+21.98% |
| 2020-12-31 | ₩148.87 Billion ≈ $100.88 Million |
+5.97% |
| 2019-12-31 | ₩140.47 Billion ≈ $95.20 Million |
+9.39% |
| 2018-12-31 | ₩128.42 Billion ≈ $87.03 Million |
+7.61% |
| 2017-12-31 | ₩119.34 Billion ≈ $80.87 Million |
+6.04% |
| 2016-12-31 | ₩112.54 Billion ≈ $76.27 Million |
+11.86% |
| 2015-12-31 | ₩100.61 Billion ≈ $68.18 Million |
+12.89% |
| 2014-12-31 | ₩89.12 Billion ≈ $60.40 Million |
+7.66% |
| 2013-12-31 | ₩82.78 Billion ≈ $56.10 Million |
+6.61% |
| 2012-12-31 | ₩77.64 Billion ≈ $52.62 Million |
+6.65% |
| 2011-12-31 | ₩72.80 Billion ≈ $49.34 Million |
+13.63% |
| 2010-12-31 | ₩64.07 Billion ≈ $43.42 Million |
+9.37% |
| 2009-12-31 | ₩58.58 Billion ≈ $39.70 Million |
+9.06% |
| 2008-12-31 | ₩53.71 Billion ≈ $36.40 Million |
+7.57% |
| 2007-12-31 | ₩49.93 Billion ≈ $33.84 Million |
+7.54% |
| 2006-12-31 | ₩46.43 Billion ≈ $31.47 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Komelon 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 593.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩208.27 Billion | 88.88% |
| Common Stock | ₩4.52 Billion | 1.93% |
| Other Components | ₩21.53 Billion | 9.19% |
| Total Equity | ₩234.32 Billion | 100.00% |
Komelon Corporation Competitors by Market Cap
The table below lists competitors of Komelon Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sagittarius Life Science
TWO:3205
|
$119.60 Million |
|
Moller Y Perez
SN:MOLLER
|
$119.60 Million |
|
MaxsMaking Inc. Class A Ordinary Shares
NASDAQ:MAMK
|
$119.60 Million |
|
Bionet
TWO:1784
|
$119.66 Million |
|
Leadtrend Technology Corp
TW:3588
|
$119.57 Million |
|
Ratnaveer Precision Engineering Ltd
NSE:RATNAVEER
|
$119.57 Million |
|
Madras Fertilizers Limited
NSE:MADRASFERT
|
$119.52 Million |
|
Cornerstone OnDemand Inc
F:8CO
|
$119.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Komelon Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 207,218,299,040 to 234,321,718,880, a change of 27,103,419,840 (13.1%).
- Net income of 27,241,333,390 contributed positively to equity growth.
- Dividend payments of 2,246,092,500 reduced retained earnings.
- Share repurchases of 61,690,000 reduced equity.
- New share issuances of 71,600,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩27.24 Billion | +11.63% |
| Dividends Paid | ₩2.25 Billion | -0.96% |
| Share Repurchases | ₩61.69 Million | -0.03% |
| Share Issuances | ₩71.60 Million | +0.03% |
| Other Changes | ₩2.10 Billion | +0.9% |
| Total Change | ₩- | 13.08% |
Book Value vs Market Value Analysis
This analysis compares Komelon 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: 0.78x
- 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 1.60x to 0.78x 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 | ₩12649.70 | ₩20250.00 | x |
| 2017-12-31 | ₩13413.82 | ₩20250.00 | x |
| 2018-12-31 | ₩14787.67 | ₩20250.00 | x |
| 2019-12-31 | ₩16497.72 | ₩20250.00 | x |
| 2020-12-31 | ₩17969.45 | ₩20250.00 | x |
| 2021-12-31 | ₩20211.74 | ₩20250.00 | x |
| 2022-12-31 | ₩21650.40 | ₩20250.00 | x |
| 2023-12-31 | ₩23064.31 | ₩20250.00 | x |
| 2024-12-31 | ₩26081.04 | ₩20250.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Komelon 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): 11.63%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.84%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.04x
- Recent ROE (11.63%) is above the historical average (8.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 6.84% | 10.77% | 0.58x | 1.09x | ₩-1.47 Billion |
| 2007 | 8.68% | 15.11% | 0.54x | 1.07x | ₩-660.06 Million |
| 2008 | 1.97% | 2.70% | 0.68x | 1.07x | ₩-4.31 Billion |
| 2009 | 8.96% | 15.43% | 0.55x | 1.06x | ₩-608.93 Million |
| 2010 | 10.33% | 16.41% | 0.57x | 1.10x | ₩212.64 Million |
| 2011 | 6.50% | 6.65% | 0.77x | 1.27x | ₩-2.55 Billion |
| 2012 | 9.08% | 10.90% | 0.68x | 1.23x | ₩-712.94 Million |
| 2013 | 6.22% | 8.99% | 0.56x | 1.24x | ₩-3.13 Billion |
| 2014 | 8.87% | 12.74% | 0.56x | 1.24x | ₩-1.01 Billion |
| 2015 | 12.14% | 17.98% | 0.58x | 1.16x | ₩2.15 Billion |
| 2016 | 11.33% | 18.50% | 0.50x | 1.22x | ₩1.49 Billion |
| 2017 | 7.96% | 13.88% | 0.49x | 1.17x | ₩-2.43 Billion |
| 2018 | 9.53% | 17.81% | 0.48x | 1.11x | ₩-600.39 Million |
| 2019 | 10.18% | 21.47% | 0.43x | 1.09x | ₩255.20 Million |
| 2020 | 8.13% | 18.23% | 0.41x | 1.10x | ₩-2.78 Billion |
| 2021 | 10.89% | 25.42% | 0.39x | 1.10x | ₩1.62 Billion |
| 2022 | 8.17% | 19.21% | 0.40x | 1.07x | ₩-3.56 Billion |
| 2023 | 7.39% | 21.71% | 0.33x | 1.02x | ₩-5.40 Billion |
| 2024 | 11.63% | 36.84% | 0.30x | 1.04x | ₩3.81 Billion |
Industry Comparison
This section compares Komelon Corporation's net assets metrics with peer companies in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.
Industry Context
- Industry: Machinery, Tools, Heavy Vehicles, Trains & Ships
- Average net assets among peers: $90,951,744,002
- Average return on equity (ROE) among peers: 3.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Komelon Corporation (049430) | ₩250.34 Billion | 6.84% | 0.02x | $119.60 Million |
| Bosung Power Technology Co. Ltd (006910) | $37.82 Billion | 2.53% | 1.58x | $373.75 Million |
| Youngsin Metal Industrial Co. Ltd (007530) | $43.64 Billion | 2.17% | 2.14x | $21.79 Million |
| SMCore.Inc (007820) | $75.61 Billion | 2.00% | 0.40x | $70.73 Million |
| Heungkuk Metaltech Co.Ltd (010240) | $55.26 Billion | 12.58% | 0.41x | $49.69 Million |
| Nuintek Co.Ltd (012340) | $20.66 Billion | 0.00% | 1.89x | $10.53 Million |
| CAS Corporation (016920) | $49.47 Billion | 2.29% | 1.02x | $15.44 Million |
| Semyung Electric Machinery Co.Ltd (017510) | $65.83 Billion | 5.57% | 0.15x | $149.81 Million |
| Enertork Ltd (019990) | $44.30 Billion | 3.49% | 0.17x | $67.82 Million |
| Tae Kwang Corporation (023160) | $421.46 Billion | -1.19% | 0.10x | $807.25 Million |
| Woori Technology Inc (032820) | $95.47 Billion | 3.53% | 0.70x | $1.40 Billion |
About Komelon Corporation
Komelon Corporation manufactures and sells measuring products in South Korea and internationally. The company offers stainless, magnetic, standout, self-lock, power, long steel, and fiberglass tapes, as well as accessories; and folding, pruning, carpenter, and pole saws. It also provides cutter knives and blades; and measuring wheels. The company was founded in 1963 and is headquartered in Busan,… Read more