Innox Corporation (088390) - Net Assets

Latest as of December 2025: ₩207.95 Billion KRW ≈ $140.92 Million USD

Based on the latest financial reports, Innox Corporation (088390) has net assets worth ₩207.95 Billion KRW (≈ $140.92 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩324.06 Billion ≈ $219.61 Million USD) and total liabilities (₩116.11 Billion ≈ $78.69 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 088390 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩207.95 Billion
% of Total Assets	64.17%
Annual Growth Rate	9.0%
5-Year Change	6.32%
10-Year Change	46.65%
Growth Volatility	22.85

Innox Corporation - Net Assets Trend (2011–2025)

This chart illustrates how Innox Corporation's net assets have evolved over time, based on quarterly financial data. See Innox Corporation defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Innox Corporation (2011–2025)

The table below shows the annual net assets of Innox Corporation from 2011 to 2025. For live valuation and market cap data, see Innox Corporation (088390) total market value.

Year	Net Assets	Change
2025-12-31	₩207.95 Billion ≈ $140.92 Million	+12.87%
2024-12-31	₩184.24 Billion ≈ $124.86 Million	-21.81%
2023-12-31	₩235.64 Billion ≈ $159.69 Million	+11.22%
2022-12-31	₩211.87 Billion ≈ $143.58 Million	+8.33%
2021-12-31	₩195.58 Billion ≈ $132.54 Million	+51.96%
2020-12-31	₩128.70 Billion ≈ $87.22 Million	+7.36%
2019-12-31	₩119.87 Billion ≈ $81.24 Million	-9.54%
2018-12-31	₩132.52 Billion ≈ $89.81 Million	-19.01%
2017-12-31	₩163.61 Billion ≈ $110.88 Million	+15.38%
2016-12-31	₩141.80 Billion ≈ $96.10 Million	+3.59%
2015-12-31	₩136.89 Billion ≈ $92.77 Million	+1.02%
2014-12-31	₩135.51 Billion ≈ $91.83 Million	+7.98%
2013-12-31	₩125.50 Billion ≈ $85.05 Million	+64.85%
2012-12-31	₩76.13 Billion ≈ $51.59 Million	+22.38%
2011-12-31	₩62.21 Billion ≈ $42.16 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Innox Corporation'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 29659950473000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩296.60 Billion	169.38%
Total Equity	₩175.11 Billion	100.00%

Innox Corporation Competitors by Market Cap

The table below lists competitors of Innox Corporation ranked by their market capitalization.

Company	Market Cap
Bokwang Industry Co Ltd KQ:225530	$53.44 Million
Sun Peak Metals Corp V:PEAK	$53.46 Million
MFO SA WAR:MFO	$53.46 Million
Sleep Cycle AB ST:SLEEP	$53.46 Million
Ozerden Plastik Sanayi IS:OZRDN	$53.40 Million
Electra Battery Materials Corp NASDAQ:ELBM	$53.38 Million
Parkson Holdings Bhd KLSE:5657	$53.36 Million
Asia Hotel Public Company Limited BK:ASIA	$53.36 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 184,237,905,210 to 175,108,070,320, a change of -9,129,834,890 (-5.0%).
Net income of 23,172,707,140 contributed positively to equity growth.
Other factors decreased equity by 32,302,542,030.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩23.17 Billion	+13.23%
Other Changes	₩-32.30 Billion	-18.45%
Total Change	₩-	-4.96%

Book Value vs Market Value Analysis

This analysis compares Innox Corporation'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: 0.45x
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 0.20x to 0.45x 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	₩42480.00	₩8430.00	x
2017-12-31	₩18219.48	₩8430.00	x
2018-12-31	₩15084.57	₩8430.00	x
2019-12-31	₩13686.60	₩8430.00	x
2020-12-31	₩14694.59	₩8430.00	x
2021-12-31	₩21267.42	₩8430.00	x
2022-12-31	₩22872.94	₩8430.00	x
2023-12-31	₩20527.72	₩8430.00	x
2024-12-31	₩19629.37	₩8430.00	x
2025-12-31	₩18656.63	₩8430.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Innox Corporation 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): 13.23%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 39.20%
• Asset Turnover: 0.18x
• Equity Multiplier: 1.85x
Recent ROE (13.23%) is above the historical average (12.63%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	14.80%	7.94%	0.91x	2.05x	₩2.99 Billion
2012	16.64%	8.90%	0.97x	1.94x	₩5.05 Billion
2013	22.09%	14.90%	0.99x	1.49x	₩15.17 Billion
2014	11.52%	10.79%	0.79x	1.35x	₩2.06 Billion
2015	7.41%	4.75%	0.74x	2.12x	₩-3.55 Billion
2016	4.91%	13.26%	0.17x	2.21x	₩-7.22 Billion
2017	107.83%	382.47%	0.18x	1.60x	₩160.07 Billion
2018	-22.31%	-51.19%	0.27x	1.61x	₩-42.82 Billion
2019	-9.72%	-28.05%	0.21x	1.68x	₩-23.64 Billion
2020	7.29%	17.25%	0.26x	1.62x	₩-3.49 Billion
2021	26.68%	69.44%	0.26x	1.48x	₩32.62 Billion
2022	7.02%	18.50%	0.27x	1.42x	₩-6.31 Billion
2023	-7.18%	-22.41%	0.18x	1.75x	₩-33.09 Billion
2024	-10.80%	-35.43%	0.18x	1.73x	₩-38.32 Billion
2025	13.23%	39.20%	0.18x	1.85x	₩5.66 Billion

Industry Comparison

This section compares Innox Corporation's net assets metrics with peer companies in the Leisure Products industry.

Industry Context

Industry: Leisure Products
Average net assets among peers: $127,350,757,728
Average return on equity (ROE) among peers: 0.90%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Innox Corporation (088390)	₩207.95 Billion	14.80%	0.56x	$53.42 Million
Aurora World Corporation (039830)	$97.59 Billion	13.18%	1.31x	$127.16 Million
ES Cube Co. Ltd (050120)	$42.54 Billion	1.55%	0.31x	$167.45 Million
SONOKONG Co. Ltd (066910)	$20.30 Billion	-24.46%	1.67x	$39.73 Million
GOLFZON NEWDIN HOLDINGS Co. Ltd (121440)	$348.97 Billion	13.36%	0.08x	$137.06 Million

About Innox Corporation

KQ:088390 Korea Leisure Products

Market Cap

$53.42 Million

₩78.83 Billion KRW

Market Cap Rank

#21716 Global

#1289 in Korea

Share Price

₩8430.00

Change (1 day)

-3.10%

52-Week Range

₩7330.00 - ₩16850.00

All Time High

₩53300.00