BINEX Co. Ltd (053030) - Net Assets

Latest as of September 2025: ₩187.21 Billion KRW ≈ $126.87 Million USD

Based on the latest financial reports, BINEX Co. Ltd (053030) has net assets worth ₩187.21 Billion KRW (≈ $126.87 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 (₩304.35 Billion ≈ $206.25 Million USD) and total liabilities (₩117.14 Billion ≈ $79.38 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 BINEX Co. Ltd (053030) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩187.21 Billion
% of Total Assets	61.51%
Annual Growth Rate	13.96%
5-Year Change	4.84%
10-Year Change	25.99%
Growth Volatility	36.28

BINEX Co. Ltd - Net Assets Trend (2004–2024)

This chart illustrates how BINEX Co. Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can BINEX Co. Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for BINEX Co. Ltd (2004–2024)

The table below shows the annual net assets of BINEX Co. Ltd from 2004 to 2024. For live valuation and market cap data, see BINEX Co. Ltd market capitalisation.

Year	Net Assets	Change
2024-12-31	₩181.61 Billion ≈ $123.07 Million	+0.16%
2023-12-31	₩181.33 Billion ≈ $122.88 Million	-5.37%
2022-12-31	₩191.61 Billion ≈ $129.85 Million	+6.20%
2021-12-31	₩180.42 Billion ≈ $122.27 Million	+4.16%
2020-12-31	₩173.22 Billion ≈ $117.39 Million	+7.93%
2019-12-31	₩160.50 Billion ≈ $108.77 Million	+7.40%
2018-12-31	₩149.43 Billion ≈ $101.27 Million	+16.06%
2017-12-31	₩128.75 Billion ≈ $87.25 Million	-8.39%
2016-12-31	₩140.55 Billion ≈ $95.25 Million	-2.49%
2015-12-31	₩144.14 Billion ≈ $97.68 Million	+47.92%
2013-12-31	₩97.45 Billion ≈ $66.04 Million	+6.04%
2012-12-31	₩91.90 Billion ≈ $62.28 Million	+30.20%
2011-12-31	₩70.58 Billion ≈ $47.83 Million	+104.60%
2007-12-31	₩34.50 Billion ≈ $23.38 Million	+8.12%
2006-12-31	₩31.91 Billion ≈ $21.62 Million	+10.08%
2005-12-31	₩28.99 Billion ≈ $19.64 Million	+117.64%
2004-12-31	₩13.32 Billion ≈ $9.03 Million	--

Equity Component Analysis

This analysis shows how different components contribute to BINEX 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 278.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩20.71 Billion	11.42%
Common Stock	₩16.34 Billion	9.01%
Other Components	₩144.31 Billion	79.57%
Total Equity	₩181.36 Billion	100.00%

BINEX Co. Ltd Competitors by Market Cap

The table below lists competitors of BINEX Co. Ltd ranked by their market capitalization.

Company	Market Cap
Forth Smart Service Public Company Limited BK:FSMART	$170.19 Million
Agung Podomoro Land Tbk JK:APLN	$170.25 Million
Daehan Steel KO:084010	$170.39 Million
Siljansvik AB (publ) ST:SIVI	$170.48 Million
Cheng Fwa Industrial Ltd TWO:5426	$170.12 Million
MEDICLIN Aktiengesellschaft XETRA:MED	$170.05 Million
Castles Technology Co Ltd TW:5258	$170.03 Million
Hanjin Transportation Co. Ltd. KO:002320	$170.01 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in BINEX Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 181,307,526,610 to 181,361,189,120, a change of 53,662,510 (0.0%).
Net loss of 35,070,820,730 reduced equity.
Other factors increased equity by 35,124,483,240.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩-35.07 Billion	-19.34%
Other Changes	₩35.12 Billion	+19.37%
Total Change	₩-	0.03%

Book Value vs Market Value Analysis

This analysis compares BINEX 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: 1.37x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 1.76x to 1.37x 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	₩4571.44	₩8050.00	x
2017-12-31	₩4186.34	₩8050.00	x
2018-12-31	₩4792.96	₩8050.00	x
2019-12-31	₩5146.11	₩8050.00	x
2020-12-31	₩5552.18	₩8050.00	x
2021-12-31	₩5834.14	₩8050.00	x
2022-12-31	₩6195.91	₩8050.00	x
2023-12-31	₩5862.90	₩8050.00	x
2024-12-31	₩5864.64	₩8050.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently BINEX 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): -19.34%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -26.97%
• Asset Turnover: 0.47x
• Equity Multiplier: 1.54x
Recent ROE (-19.34%) is below the historical average (2.30%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	10.84%	7.76%	0.50x	2.81x	₩94.82 Million
2005	9.18%	8.16%	0.71x	1.60x	₩-217.74 Million
2006	10.30%	8.62%	0.75x	1.59x	₩85.71 Million
2007	9.50%	8.28%	0.73x	1.56x	₩-157.04 Million
2011	4.93%	6.33%	0.53x	1.47x	₩-3.48 Billion
2013	-4.20%	-7.10%	0.47x	1.26x	₩-13.75 Billion
2015	-6.44%	-13.96%	0.38x	1.22x	₩-23.70 Billion
2016	-2.14%	-3.71%	0.46x	1.26x	₩-17.06 Billion
2017	-8.77%	-14.48%	0.47x	1.30x	₩-24.17 Billion
2018	4.24%	6.09%	0.55x	1.27x	₩-8.61 Billion
2019	5.30%	6.79%	0.62x	1.26x	₩-7.55 Billion
2020	3.70%	4.82%	0.49x	1.56x	₩-10.91 Billion
2021	10.58%	14.21%	0.49x	1.51x	₩1.05 Billion
2022	6.49%	7.94%	0.53x	1.56x	₩-6.72 Billion
2023	2.58%	3.02%	0.60x	1.42x	₩-13.46 Billion
2024	-19.34%	-26.97%	0.47x	1.54x	₩-53.21 Billion

Industry Comparison

This section compares BINEX Co. Ltd's net assets metrics with peer companies in the Pharmaceuticals industry.

Industry Context

Industry: Pharmaceuticals
Average net assets among peers: $97,254,266,943
Average return on equity (ROE) among peers: 2.84%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
BINEX Co. Ltd (053030)	₩187.21 Billion	10.84%	0.63x	$170.14 Million
Sam Chun Dang Pharm. Co. Ltd (000250)	$148.52 Billion	5.89%	0.76x	$3.84 Billion
DongKoo Bio&Pharma Co. Ltd (006620)	$72.10 Billion	6.34%	0.45x	$26.72 Million
NatureCell Co.Ltd (007390)	$43.13 Billion	5.18%	0.23x	$1.10 Billion
Sam-A Pharm. Co. Ltd (009300)	$228.11 Billion	5.67%	0.08x	$57.08 Million
Kyung Dong Pharmaceutical Co. Ltd (011040)	$220.95 Billion	9.27%	0.14x	$83.52 Million
WooGene B&G Co. Ltd (018620)	$21.90 Billion	1.61%	0.93x	$44.78 Million
Oscotec Inc (039200)	$21.24 Billion	-18.33%	0.91x	$739.87 Million
EstechPharma Co. Ltd (041910)	$102.72 Billion	14.82%	0.13x	$42.03 Million
Komipharm International Co. Ltd (041960)	$76.13 Billion	-8.60%	0.75x	$329.88 Million
Eagle Veterinary Technology Co.Ltd (044960)	$37.74 Billion	6.52%	0.28x	$27.07 Million

About BINEX Co. Ltd

KQ:053030 Korea Pharmaceuticals

Market Cap

$170.14 Million

₩251.06 Billion KRW

Market Cap Rank

#17293 Global

#700 in Korea

Share Price

₩8050.00

Change (1 day)

-1.83%

52-Week Range

₩7500.00 - ₩18490.00

All Time High

₩36100.00