KSP Co. Ltd.
KSP Co., Ltd. manufactures and sells ship engine valves in South Korea. It offers large-sized engine valves for ship main engines. The company's valves for middle-sized engines include inhalation valves, exhaust valves, and seat rings of diesel engines for ship generators; valves and seat rings for inhalation, leak tightness, explosion, and exhaust of combustor chambers; and main engine exhaust v… Read more
KSP Co. Ltd. (073010) - Net Assets
Latest net assets as of September 2025: ₩84.37 Billion KRW
Based on the latest financial reports, KSP Co. Ltd. (073010) has net assets worth ₩84.37 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 (₩142.78 Billion) and total liabilities (₩58.41 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 | ₩84.37 Billion |
| % of Total Assets | 59.09% |
| Annual Growth Rate | 22.47% |
| 5-Year Change | 197.82% |
| 10-Year Change | N/A |
| Growth Volatility | 17.93 |
KSP Co. Ltd. - Net Assets Trend (2018–2024)
This chart illustrates how KSP 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 KSP Co. Ltd. (2018–2024)
The table below shows the annual net assets of KSP Co. Ltd. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩71.39 Billion | +54.32% |
| 2023-12-31 | ₩46.26 Billion | +35.93% |
| 2022-12-31 | ₩34.03 Billion | +29.90% |
| 2021-12-31 | ₩26.20 Billion | +9.30% |
| 2020-12-31 | ₩23.97 Billion | +5.25% |
| 2019-12-31 | ₩22.77 Billion | +7.68% |
| 2018-12-31 | ₩21.15 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to KSP 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 9653104754000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩34.53 Billion | 48.37% |
| Common Stock | ₩20.10 Billion | 28.15% |
| Other Components | ₩16.76 Billion | 23.48% |
| Total Equity | ₩71.39 Billion | 100.00% |
KSP Co. Ltd. Competitors by Market Cap
The table below lists competitors of KSP Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Allergy Therapeutics plc
PINK:AGYTF
|
$25.30 Million |
|
Thai Optical Group Public Company Limited
BK:TOG
|
$25.30 Million |
|
ATA Creativity Global
NASDAQ:AACG
|
$25.30 Million |
|
Haulotte Group SA
PA:PIG
|
$25.32 Million |
|
Chia Her Industrial Co Ltd
TW:1449
|
$25.29 Million |
|
STRUCT.MONIT.SYSCDIS
F:RJP
|
$25.29 Million |
|
Hankuk Steel Wire Co. Ltd
KQ:025550
|
$25.28 Million |
|
Jakarta Int Hotels & Dev
JK:JIHD
|
$25.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KSP Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,260,330,110 to 71,388,910,110, a change of 25,128,580,000 (54.3%).
- Net income of 15,290,740,240 contributed positively to equity growth.
- Dividend payments of 360,629,010 reduced retained earnings.
- Share repurchases of 10,300,393,680 reduced equity.
- New share issuances of 10,300,393,670 increased equity.
- Other factors increased equity by 10,198,468,780.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩15.29 Billion | +21.42% |
| Dividends Paid | ₩360.63 Million | -0.51% |
| Share Repurchases | ₩10.30 Billion | -14.43% |
| Share Issuances | ₩10.30 Billion | +14.43% |
| Other Changes | ₩10.20 Billion | +14.29% |
| Total Change | ₩- | 54.32% |
Book Value vs Market Value Analysis
This analysis compares KSP 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: 2.08x
- 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 5.57x to 2.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ₩664.55 | ₩3700.00 | x |
| 2021-12-31 | ₩726.33 | ₩3700.00 | x |
| 2022-12-31 | ₩943.47 | ₩3700.00 | x |
| 2023-12-31 | ₩1263.52 | ₩3700.00 | x |
| 2024-12-31 | ₩1781.63 | ₩3700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KSP 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): 21.42%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.93%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.48x
- Recent ROE (21.42%) is above the historical average (4.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -49.15% | -61.93% | 0.41x | 1.92x | ₩-12.51 Billion |
| 2019 | 7.21% | 5.59% | 0.66x | 1.94x | ₩-636.18 Million |
| 2020 | 5.19% | 3.16% | 0.84x | 1.95x | ₩-1.15 Billion |
| 2021 | 8.62% | 5.15% | 0.89x | 1.89x | ₩-361.39 Million |
| 2022 | 11.65% | 6.23% | 1.05x | 1.77x | ₩560.84 Million |
| 2023 | 27.60% | 15.64% | 1.08x | 1.63x | ₩8.14 Billion |
| 2024 | 21.42% | 17.93% | 0.81x | 1.48x | ₩8.15 Billion |
Industry Comparison
This section compares KSP Co. Ltd.'s net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KSP Co. Ltd. (073010) | ₩84.37 Billion | -49.15% | 0.69x | $25.30 Million |
| Samyang Holdings Corp (000075) | $2.43 Trillion | 9.80% | 0.84x | $222.02 Million |
| Posco ICT Company Ltd (022100) | $388.01 Billion | 6.61% | 1.12x | $971.22 Million |
| FNSTech Co. Ltd. (083500) | $65.15 Billion | 2.70% | 0.67x | $103.39K |
| MCNEX Co. Ltd (097520) | $63.60 Billion | -38.83% | 3.63x | $236.90 Million |
| PI Advanced Materials Co. Ltd (178920) | $314.92 Billion | -0.57% | 0.64x | $146.79 Million |
| Boratr Co. Ltd. (250000) | $54.82 Billion | 2.57% | 0.48x | $51.72K |
| Caelum Co. Ltd. (258610) | $63.16 Billion | -35.49% | 0.49x | $10.99K |
| Shinhan Alpha REIT Co Ltd (293940) | $278.57 Billion | 1.78% | 1.66x | $39.40K |
| A.F.W Co. Ltd (312610) | $12.83 Billion | 37.55% | 1.23x | $6.29 Million |