Interflex Co. Ltd (051370) - Net Assets
Based on the latest financial reports, Interflex Co. Ltd (051370) has net assets worth ₩298.60 Billion KRW (≈ $202.35 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 (₩368.18 Billion ≈ $249.51 Million USD) and total liabilities (₩69.58 Billion ≈ $47.16 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 051370 current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩298.60 Billion |
| % of Total Assets | 81.1% |
| Annual Growth Rate | 4.4% |
| 5-Year Change | 65.78% |
| 10-Year Change | 28.1% |
| Growth Volatility | 40.0 |
Interflex Co. Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Interflex Co. Ltd's net assets have evolved over time, based on quarterly financial data. Check how tangible is Interflex Co. Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Interflex Co. Ltd (2005–2024)
The table below shows the annual net assets of Interflex Co. Ltd from 2005 to 2024. For live valuation and market cap data, see market cap of Interflex Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩281.78 Billion ≈ $190.96 Million |
+27.80% |
| 2023-12-31 | ₩220.48 Billion ≈ $149.42 Million |
+11.46% |
| 2022-12-31 | ₩197.81 Billion ≈ $134.05 Million |
+10.36% |
| 2021-12-31 | ₩179.23 Billion ≈ $121.46 Million |
+5.45% |
| 2020-12-31 | ₩169.97 Billion ≈ $115.19 Million |
-21.96% |
| 2019-12-31 | ₩217.80 Billion ≈ $147.60 Million |
-10.85% |
| 2018-12-31 | ₩244.32 Billion ≈ $165.57 Million |
-24.73% |
| 2017-12-31 | ₩324.57 Billion ≈ $219.96 Million |
+52.22% |
| 2016-12-31 | ₩213.23 Billion ≈ $144.50 Million |
-3.06% |
| 2015-12-31 | ₩219.97 Billion ≈ $149.07 Million |
-29.20% |
| 2014-12-31 | ₩310.70 Billion ≈ $210.56 Million |
+137.18% |
| 2009-12-31 | ₩131.00 Billion ≈ $88.77 Million |
+29.70% |
| 2008-12-31 | ₩101.00 Billion ≈ $68.45 Million |
+2.48% |
| 2007-12-31 | ₩98.56 Billion ≈ $66.79 Million |
-14.53% |
| 2006-12-31 | ₩115.31 Billion ≈ $78.14 Million |
-7.24% |
| 2005-12-31 | ₩124.31 Billion ≈ $84.25 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Interflex 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 503321956000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩11.66 Billion | 4.14% |
| Other Components | ₩275.15 Billion | 97.65% |
| Total Equity | ₩281.78 Billion | 100.00% |
Interflex Co. Ltd Competitors by Market Cap
The table below lists competitors of Interflex Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tomer Energy Royalties 2012 Ltd
TA:TOEN
|
$104.40 Million |
|
Renascor Resources Ltd
AU:RNU
|
$104.41 Million |
|
Nova Klúbburinn hf.
IC:NOVA
|
$104.41 Million |
|
WRKR Ltd
AU:WRK
|
$104.47 Million |
|
Novus Holdings Ltd
JSE:NVS
|
$104.33 Million |
|
Thuan Duc JSC
VN:TDP
|
$104.28 Million |
|
Oasis Crescent Property Fund
JSE:OAS
|
$104.27 Million |
|
Consolidated Finvest & Holdings Limited
NSE:CONSOFINVT
|
$104.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Interflex Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 220,482,199,000 to 281,778,746,020, a change of 61,296,547,020 (27.8%).
- Net income of 55,126,796,490 contributed positively to equity growth.
- Other factors increased equity by 6,169,750,530.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩55.13 Billion | +19.56% |
| Other Changes | ₩6.17 Billion | +2.19% |
| Total Change | ₩- | 27.80% |
Book Value vs Market Value Analysis
This analysis compares Interflex 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: 0.55x
- 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 0.68x to 0.55x 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 | ₩9698.35 | ₩6600.00 | x |
| 2017-12-31 | ₩13913.79 | ₩6600.00 | x |
| 2018-12-31 | ₩10473.60 | ₩6600.00 | x |
| 2019-12-31 | ₩9336.70 | ₩6600.00 | x |
| 2020-12-31 | ₩7286.45 | ₩6600.00 | x |
| 2021-12-31 | ₩7683.31 | ₩6600.00 | x |
| 2022-12-31 | ₩8479.55 | ₩6600.00 | x |
| 2023-12-31 | ₩9451.61 | ₩6600.00 | x |
| 2024-12-31 | ₩12079.27 | ₩6600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Interflex 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): 19.56%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.08%
- • Asset Turnover: 1.36x
- • Equity Multiplier: 1.29x
- Recent ROE (19.56%) is above the historical average (-5.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 13.77% | 6.00% | 1.65x | 1.39x | ₩4.68 Billion |
| 2008 | 0.79% | 0.30% | 1.41x | 1.87x | ₩-9.30 Billion |
| 2009 | 18.09% | 7.68% | 1.33x | 1.77x | ₩10.00 Billion |
| 2014 | -18.92% | -9.14% | 1.11x | 1.87x | ₩-89.85 Billion |
| 2015 | -40.69% | -16.91% | 1.10x | 2.18x | ₩-111.51 Billion |
| 2016 | -28.11% | -10.41% | 1.34x | 2.02x | ₩-81.27 Billion |
| 2017 | 11.09% | 4.47% | 1.45x | 1.71x | ₩3.54 Billion |
| 2018 | -33.85% | -26.35% | 0.85x | 1.51x | ₩-107.14 Billion |
| 2019 | -12.98% | -6.44% | 1.25x | 1.61x | ₩-50.05 Billion |
| 2020 | -25.66% | -13.47% | 0.99x | 1.93x | ₩-60.61 Billion |
| 2021 | -0.13% | -0.05% | 1.25x | 1.99x | ₩-18.16 Billion |
| 2022 | 7.74% | 3.46% | 1.54x | 1.45x | ₩-4.47 Billion |
| 2023 | 12.39% | 6.24% | 1.45x | 1.37x | ₩5.27 Billion |
| 2024 | 19.56% | 11.08% | 1.36x | 1.29x | ₩26.95 Billion |
Industry Comparison
This section compares Interflex Co. Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $453,631,275,112
- Average return on equity (ROE) among peers: 1.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Interflex Co. Ltd (051370) | ₩298.60 Billion | 13.77% | 0.23x | $104.34 Million |
| YoungPoong (000670) | $2.91 Trillion | 4.40% | 0.34x | $419.84 Million |
| Sam Hwa Capaci (001820) | $174.82 Billion | 13.34% | 0.34x | $497.89 Million |
| Samick Music I (002450) | $206.62 Billion | -2.57% | 1.90x | $56.88 Million |
| Hansol Technics (004710) | $170.33 Billion | -14.81% | 1.48x | $148.83 Million |
| Sunny Elec (004770) | $18.51 Billion | 0.00% | 0.82x | $39.20 Million |
| Samyoung Elec (005680) | $375.93 Billion | 0.40% | 0.13x | $169.35 Million |
| PJ Electronics Co. Ltd (006140) | $115.62 Billion | 7.11% | 0.48x | $45.48 Million |
| Seondo Electric Co., Ltd. (007610) | $71.80 Billion | 1.99% | 0.19x | $43.01 Million |
| Isupetasys (007660) | $91.66 Billion | 0.00% | 1.44x | $3.71 Billion |
| Korea Circuit Co. Ltd. (007810) | $398.77 Billion | 0.99% | 0.32x | $754.94 Million |
About Interflex Co. Ltd
Interflex Co., Ltd. manufactures and sells flexible printed circuit boards in South Korea. It offers RPCB products, such as rigid FPCB and build-up FPCB, as well as offers flex and R/F, modules, touch screen panels, and automation devices. The company was formerly known as Dasung Electronics Co., Ltd. and changed its name to Interflex Co., Ltd. in May 2000. Interflex Co., Ltd. was founded in 1994… Read more