FN REPUBLIC Co. Ltd
InkredibleBuzz Inc. provides cosmetics and fashion products under the Jayjun, Nerdy, DVSN, allongs, and i know ione brand name in South Korea and internationally. The company was formerly known as Westrise Co., Ltd. and changed its name to InkredibleBuzz Inc. in August 2024. InkredibleBuzz Inc. was founded in 1991 and is headquartered in Seoul, South Korea.
FN REPUBLIC Co. Ltd (064090) - Net Assets
Latest net assets as of September 2025: ₩72.75 Billion KRW
Based on the latest financial reports, FN REPUBLIC Co. Ltd (064090) has net assets worth ₩72.75 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 (₩76.50 Billion) and total liabilities (₩3.75 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 | ₩72.75 Billion |
| % of Total Assets | 95.09% |
| Annual Growth Rate | 4.21% |
| 5-Year Change | 860.49% |
| 10-Year Change | 623.47% |
| Growth Volatility | 226.1 |
FN REPUBLIC Co. Ltd - Net Assets Trend (2006–2024)
This chart illustrates how FN REPUBLIC 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 FN REPUBLIC Co. Ltd (2006–2024)
The table below shows the annual net assets of FN REPUBLIC Co. Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩96.83 Billion | +166.80% |
| 2023-12-31 | ₩36.29 Billion | +879.11% |
| 2022-12-31 | ₩3.71 Billion | -71.15% |
| 2021-12-31 | ₩12.85 Billion | +27.45% |
| 2020-12-31 | ₩10.08 Billion | -63.68% |
| 2019-12-31 | ₩27.76 Billion | -55.18% |
| 2018-12-31 | ₩61.93 Billion | +34.63% |
| 2017-12-31 | ₩46.00 Billion | +379.46% |
| 2016-12-31 | ₩9.59 Billion | -28.31% |
| 2015-12-31 | ₩13.38 Billion | -0.84% |
| 2014-12-31 | ₩13.50 Billion | +97.74% |
| 2013-12-31 | ₩6.83 Billion | -23.07% |
| 2012-12-31 | ₩8.87 Billion | +0.42% |
| 2011-12-31 | ₩8.84 Billion | +212.44% |
| 2010-12-31 | ₩2.83 Billion | -49.36% |
| 2009-12-31 | ₩5.58 Billion | -25.51% |
| 2008-12-31 | ₩7.50 Billion | -34.00% |
| 2007-12-31 | ₩11.36 Billion | -75.38% |
| 2006-12-31 | ₩46.13 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to FN REPUBLIC 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 9487647968000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩24.87 Billion | 25.69% |
| Other Components | ₩166.83 Billion | 172.30% |
| Total Equity | ₩96.83 Billion | 100.00% |
FN REPUBLIC Co. Ltd Competitors by Market Cap
The table below lists competitors of FN REPUBLIC Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bangkok Lab & Cosmetic PCL
BK:BLC
|
$12.24 Million |
|
Diamond Citra Propertindo PT
JK:DADA
|
$12.24 Million |
|
Compania General de Electricidad SA
SN:CGE
|
$12.24 Million |
|
Inch Kenneth Kajang Rubber PLC
KLSE:2607
|
$12.25 Million |
|
Galane Gold Ltd
OTCQB:GGGOF
|
$12.23 Million |
|
Senetas Corporation Ltd
AU:SEN
|
$12.23 Million |
|
Aqua Metals Inc
NASDAQ:AQMS
|
$12.23 Million |
|
FRENF
PINK:FRENF
|
$12.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FN REPUBLIC Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,292,846,450 to 96,829,213,040, a change of 60,536,366,590 (166.8%).
- Net income of 19,027,885,730 contributed positively to equity growth.
- Share repurchases of 19,976,994,340 reduced equity.
- New share issuances of 19,976,994,340 increased equity.
- Other factors increased equity by 41,508,480,860.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩19.03 Billion | +19.65% |
| Share Repurchases | ₩19.98 Billion | -20.63% |
| Share Issuances | ₩19.98 Billion | +20.63% |
| Other Changes | ₩41.51 Billion | +42.87% |
| Total Change | ₩- | 166.80% |
Book Value vs Market Value Analysis
This analysis compares FN REPUBLIC 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: 0.41x
- 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 0.24x to 0.41x 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 | ₩3349.62 | ₩798.00 | x |
| 2017-12-31 | ₩9043.45 | ₩798.00 | x |
| 2018-12-31 | ₩10363.26 | ₩798.00 | x |
| 2019-12-31 | ₩4233.69 | ₩798.00 | x |
| 2020-12-31 | ₩917.36 | ₩798.00 | x |
| 2021-12-31 | ₩1169.37 | ₩798.00 | x |
| 2022-12-31 | ₩273.06 | ₩798.00 | x |
| 2023-12-31 | ₩1188.15 | ₩798.00 | x |
| 2024-12-31 | ₩1946.68 | ₩798.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FN REPUBLIC 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): 19.65%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 417.20%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.03x
- Recent ROE (19.65%) is above the historical average (-101.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 29.52% | 17.36% | 1.26x | 1.35x | ₩2.63 Billion |
| 2015 | -47.15% | -31.96% | 0.67x | 2.21x | ₩-7.41 Billion |
| 2016 | -164.97% | -28.95% | 2.68x | 2.13x | ₩-16.79 Billion |
| 2017 | 17.92% | 11.36% | 0.72x | 2.19x | ₩3.64 Billion |
| 2018 | 5.99% | 3.60% | 0.68x | 2.45x | ₩-2.48 Billion |
| 2019 | -161.55% | -131.41% | 0.39x | 3.12x | ₩-47.62 Billion |
| 2020 | -399.34% | -133.14% | 0.72x | 4.19x | ₩-41.27 Billion |
| 2021 | 9.12% | 3.87% | 1.33x | 1.78x | ₩-113.02 Million |
| 2022 | -404.53% | -51.06% | 3.40x | 2.33x | ₩-15.37 Billion |
| 2023 | -19.26% | -101.29% | 0.11x | 1.66x | ₩-10.62 Billion |
| 2024 | 19.65% | 417.20% | 0.05x | 1.03x | ₩9.34 Billion |
Industry Comparison
This section compares FN REPUBLIC Co. Ltd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,255,204,097,239
- Average return on equity (ROE) among peers: 165.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FN REPUBLIC Co. Ltd (064090) | ₩72.75 Billion | 29.52% | 0.05x | $12.24 Million |
| Amore Group (002790) | $4.89 Trillion | 5.33% | 0.26x | $733.67 Million |
| Amorepacific Group (002795) | $6.99 Trillion | 3.60% | 0.22x | $333.07 Million |
| Hankook Cosmetics Manufacturing Co Ltd (003350) | $25.45 Billion | -9.21% | 0.59x | $50.11 Million |
| Daelim Trading (006570) | $76.43 Billion | -16.61% | 1.09x | $3.62 Million |
| Monalisa (012690) | $54.46 Billion | 10.90% | 0.28x | $26.00 Million |
| Leaders Cosmetics Co. Ltd (016100) | $63.99 Billion | 24.29% | 0.52x | $13.95 Million |
| Aekyung Industrial Co Ltd (018250) | $333.04 Billion | 3.44% | 0.30x | $78.84 Million |
| Kolmar Holding (024720) | $48.25 Billion | 5.20% | 0.61x | $69.59 Million |
| Jayjun Co Ltd (025620) | $4.96 Billion | 1635.91% | 10.27x | $4.89 Million |
| Coreana Cosmetics Co.Ltd (027050) | $65.95 Billion | -8.68% | 0.74x | $33.77 Million |