Mobile Appliance Inc.
Mobile Appliance, Inc. develops, manufactures, and exports car safety devices in South Korea and internationally. It offers LBS related navigation, heads up display (HUD), autonomous driving related (ADAS), car DVRs, black boxes, and other related car safety products. The company also provides connected, internet of things, driver monitoring systems, vehicle to load, interior camera, personal nav… Read more
Mobile Appliance Inc. (087260) - Net Assets
Latest net assets as of September 2025: ₩51.86 Billion KRW
Based on the latest financial reports, Mobile Appliance Inc. (087260) has net assets worth ₩51.86 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 (₩65.42 Billion) and total liabilities (₩13.56 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 | ₩51.86 Billion |
| % of Total Assets | 79.27% |
| Annual Growth Rate | 3.88% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1.64 |
Mobile Appliance Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Mobile Appliance Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mobile Appliance Inc. (2021–2024)
The table below shows the annual net assets of Mobile Appliance Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩49.03 Billion | +1.59% |
| 2023-12-31 | ₩48.26 Billion | +4.78% |
| 2022-12-31 | ₩46.06 Billion | +5.32% |
| 2021-12-31 | ₩43.74 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mobile Appliance Inc.'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 522986676000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩3.76 Billion | 7.68% |
| Common Stock | ₩16.28 Billion | 33.19% |
| Other Components | ₩28.99 Billion | 59.13% |
| Total Equity | ₩49.03 Billion | 100.00% |
Mobile Appliance Inc. Competitors by Market Cap
The table below lists competitors of Mobile Appliance Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Capital & Regional Plc
PINK:CRPLF
|
$36.81 Million |
|
Fortune Rise Acquisition Corp
NASDAQ:FRLA
|
$36.81 Million |
|
Singular Genomics Systems Inc
NASDAQ:OMIC
|
$36.81 Million |
|
DLH Holdings Corp
NASDAQ:DLHC
|
$36.82 Million |
|
Pinago Utama Tbk Pt
JK:PNGO
|
$36.80 Million |
|
Anam Electroni
KO:008700
|
$36.80 Million |
|
PharmAust Ltd
F:ECQ
|
$36.79 Million |
|
Atp Ticari Bilgisayar Agi ve Elektrik Guc Kaynaklari Uretim Pazarlama ve Ticaret
IS:ATATP
|
$36.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mobile Appliance Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,264,931,130 to 49,033,552,460, a change of 768,621,330 (1.6%).
- Net income of 1,400,703,090 contributed positively to equity growth.
- Other factors decreased equity by 632,081,760.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.40 Billion | +2.86% |
| Other Changes | ₩-632.08 Million | -1.29% |
| Total Change | ₩- | 1.59% |
Book Value vs Market Value Analysis
This analysis compares Mobile Appliance Inc.'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: 1.34x
- 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 1.50x to 1.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | ₩1347.30 | ₩2015.00 | x |
| 2022-12-31 | ₩1415.06 | ₩2015.00 | x |
| 2023-12-31 | ₩1482.66 | ₩2015.00 | x |
| 2024-12-31 | ₩1506.27 | ₩2015.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mobile Appliance Inc. 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): 2.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.46%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.62x
- Recent ROE (2.86%) is below the historical average (4.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 5.72% | 5.24% | 0.59x | 1.85x | ₩-1.87 Billion |
| 2022 | 4.58% | 4.02% | 0.73x | 1.56x | ₩-2.50 Billion |
| 2023 | 4.37% | 4.24% | 0.61x | 1.68x | ₩-2.72 Billion |
| 2024 | 2.86% | 3.46% | 0.51x | 1.62x | ₩-3.50 Billion |
Industry Comparison
This section compares Mobile Appliance Inc.'s net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $89,533,109,124
- Average return on equity (ROE) among peers: 8.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mobile Appliance Inc. (087260) | ₩51.86 Billion | 5.72% | 0.26x | $36.80 Million |
| NanoenTekInc (039860) | $22.98 Billion | 0.00% | 0.93x | $79.23 Million |
| 068100 (068100) | $8.27 Billion | -29.84% | 0.79x | $9.95 Million |
| THINKWARE Corporation (084730) | $181.09 Billion | 1.85% | 0.92x | $33.86 Million |
| Suprema HQ Inc (094840) | $209.14 Billion | 17.82% | 0.10x | $20.47 Million |
| Woojin (105840) | $116.53 Billion | 2.21% | 0.26x | $202.94 Million |
| HyVision System. Inc (126700) | $200.33 Billion | 12.00% | 0.54x | $128.35 Million |
| DAIHAN Scientific Co. Ltd (131220) | $18.57 Billion | 3.74% | 1.03x | $13.44 Million |
| Parksystems Corp (140860) | $30.56 Billion | 14.87% | 0.21x | $772.61 Million |
| LET co. Ltd (297890) | $18.34 Billion | 56.84% | 1.16x | $64.81 Million |