Cherrybro co.Ltd
Cherrybro co.,Ltd engages in the production and sales of chicken products in South Korea. The company operates through Broiler, Meat Processing and Distribution, and Breeder and Hatching divisions. It sells broiler products, feed, chicks, and eggs under the Centennial Hundred Seasons, Kogen, Jeju Chicken, Mountain Wild Fowl, Crispy Chicken, Cherry Duck, IQF, Deliquin, and God Chicken brand names.… Read more
Cherrybro co.Ltd (066360) - Net Assets
Latest net assets as of September 2025: ₩121.92 Billion KRW
Based on the latest financial reports, Cherrybro co.Ltd (066360) has net assets worth ₩121.92 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 (₩314.29 Billion) and total liabilities (₩192.37 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 | ₩121.92 Billion |
| % of Total Assets | 38.79% |
| Annual Growth Rate | 6.06% |
| 5-Year Change | 58.99% |
| 10-Year Change | N/A |
| Growth Volatility | 40.45 |
Cherrybro co.Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Cherrybro 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 Cherrybro co.Ltd (2015–2024)
The table below shows the annual net assets of Cherrybro co.Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩75.61 Billion | -31.12% |
| 2023-12-31 | ₩109.77 Billion | +63.84% |
| 2022-12-31 | ₩67.00 Billion | +44.19% |
| 2021-12-31 | ₩46.47 Billion | -2.29% |
| 2020-12-31 | ₩47.56 Billion | -47.09% |
| 2019-12-31 | ₩89.88 Billion | -4.98% |
| 2018-12-31 | ₩94.59 Billion | -9.65% |
| 2017-12-31 | ₩104.70 Billion | +77.55% |
| 2016-12-31 | ₩58.97 Billion | +32.40% |
| 2015-12-31 | ₩44.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cherrybro 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 212.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩23.98 Billion | 31.71% |
| Other Components | ₩78.62 Billion | 103.98% |
| Total Equity | ₩75.61 Billion | 100.00% |
Cherrybro co.Ltd Competitors by Market Cap
The table below lists competitors of Cherrybro co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tier One Silver Inc
OTCQB:TSLVF
|
$13.78 Million |
|
Tolins Tyres Ltd
NSE:TOLINS
|
$13.78 Million |
|
HEBEI YICHEN GRP H YC 05
F:HE2
|
$13.78 Million |
|
Clinical Laserthermia Systems AB (publ)
ST:CLS-B
|
$13.78 Million |
|
InBioGen Co Ltd
KO:101140
|
$13.77 Million |
|
Hotel Royal Chihpen
TWO:5704
|
$13.77 Million |
|
ZOO Digital Group plc
PINK:ZDGGF
|
$13.76 Million |
|
Shield Therapeutics plc
OTCQB:SHIEF
|
$13.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cherrybro co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 83,533,843,530 to 75,613,315,020, a change of -7,920,528,510 (-9.5%).
- Net loss of 9,096,526,340 reduced equity.
- Dividend payments of 115,666,000 reduced retained earnings.
- Share repurchases of 3,391,740,000 reduced equity.
- Other factors increased equity by 4,683,403,830.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-9.10 Billion | -12.03% |
| Dividends Paid | ₩115.67 Million | -0.15% |
| Share Repurchases | ₩3.39 Billion | -4.49% |
| Other Changes | ₩4.68 Billion | +6.19% |
| Total Change | ₩- | -9.48% |
Book Value vs Market Value Analysis
This analysis compares Cherrybro 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: 0.73x
- 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 0.50x to 0.73x 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 | ₩2267.71 | ₩1144.00 | x |
| 2017-12-31 | ₩3212.65 | ₩1144.00 | x |
| 2018-12-31 | ₩2902.47 | ₩1144.00 | x |
| 2019-12-31 | ₩2758.01 | ₩1144.00 | x |
| 2020-12-31 | ₩1459.31 | ₩1144.00 | x |
| 2021-12-31 | ₩991.39 | ₩1144.00 | x |
| 2022-12-31 | ₩1429.44 | ₩1144.00 | x |
| 2023-12-31 | ₩1742.03 | ₩1144.00 | x |
| 2024-12-31 | ₩1576.85 | ₩1144.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cherrybro 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): -12.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.38%
- • Asset Turnover: 1.29x
- • Equity Multiplier: 3.93x
- Recent ROE (-12.03%) is below the historical average (-11.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.51% | 0.08% | 1.21x | 4.97x | ₩-4.23 Billion |
| 2016 | 27.18% | 5.10% | 1.33x | 4.00x | ₩10.13 Billion |
| 2017 | 19.25% | 5.58% | 1.42x | 2.44x | ₩9.69 Billion |
| 2018 | -9.31% | -3.00% | 1.10x | 2.84x | ₩-18.26 Billion |
| 2019 | -21.79% | -6.50% | 1.08x | 3.12x | ₩-28.57 Billion |
| 2020 | -87.60% | -13.75% | 1.21x | 5.26x | ₩-46.42 Billion |
| 2021 | -60.21% | -7.70% | 1.32x | 5.95x | ₩-32.63 Billion |
| 2022 | 12.94% | 2.15% | 1.45x | 4.13x | ₩1.97 Billion |
| 2023 | 16.51% | 3.46% | 1.41x | 3.40x | ₩5.44 Billion |
| 2024 | -12.03% | -2.38% | 1.29x | 3.93x | ₩-16.66 Billion |
Industry Comparison
This section compares Cherrybro co.Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $383,167,334,826
- Average return on equity (ROE) among peers: 4.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cherrybro co.Ltd (066360) | ₩121.92 Billion | 0.51% | 1.58x | $13.77 Million |
| Daehan Flour Mills Co Ltd (001130) | $489.63 Billion | 6.13% | 0.50x | $92.10 Million |
| Daesang Corp (001680) | $484.66 Billion | 6.60% | 1.67x | $297.74 Million |
| Daesang Corp Preference Shares (001685) | $867.27 Billion | 7.45% | 1.66x | $257.13 Million |
| Korea Ind (002140) | $66.54 Billion | 7.12% | 1.23x | $24.66 Million |
| Choheung (002600) | $149.64 Billion | 0.24% | 1.63x | $16.50 Million |
| Sam Yang Foods (003230) | $53.38 Billion | 0.00% | 4.82x | $2.87 Billion |
| Daejoo Inc (003310) | $47.00 Billion | 3.26% | 0.70x | $60.49 Million |
| Harim Holdings Co. Ltd (003380) | $808.31 Billion | 21.63% | 7.74x | $434.99 Million |
| Hansung Ent (003680) | $52.28 Billion | 2.70% | 3.49x | $11.05 Million |
| Namyang Dairy (003920) | $812.96 Billion | -7.24% | 0.15x | $115.08 Million |