Iljin Power Co. Ltd
Iljin Power Co., Ltd., together with its subsidiaries, manufactures nuclear and renewable energy equipment. It also engages in the routine maintenance of power plants. The company was formerly known as Iljin Energy Co., Ltd. Iljin Power Co., Ltd. was founded in 1989 and is headquartered in Ulsan, South Korea.
Iljin Power Co. Ltd (094820) - Net Assets
Latest net assets as of March 2025: ₩133.85 Billion KRW
Based on the latest financial reports, Iljin Power Co. Ltd (094820) has net assets worth ₩133.85 Billion KRW as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩274.23 Billion) and total liabilities (₩140.38 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 | ₩133.85 Billion |
| % of Total Assets | 48.81% |
| Annual Growth Rate | 8.34% |
| 5-Year Change | 36.54% |
| 10-Year Change | 123.86% |
| Growth Volatility | 5.57 |
Iljin Power Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Iljin Power 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 Iljin Power Co. Ltd (2014–2024)
The table below shows the annual net assets of Iljin Power Co. Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩137.12 Billion | +4.91% |
| 2023-12-31 | ₩130.70 Billion | +4.20% |
| 2022-12-31 | ₩125.43 Billion | +11.40% |
| 2021-12-31 | ₩112.60 Billion | +12.12% |
| 2020-12-31 | ₩100.42 Billion | +4.60% |
| 2019-12-31 | ₩96.01 Billion | +7.43% |
| 2018-12-31 | ₩89.37 Billion | +14.64% |
| 2017-12-31 | ₩77.95 Billion | +19.40% |
| 2016-12-31 | ₩65.29 Billion | +6.58% |
| 2015-12-31 | ₩61.25 Billion | -0.46% |
| 2014-12-31 | ₩61.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Iljin Power 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 159.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩112.73 Billion | 85.48% |
| Other Components | ₩19.14 Billion | 14.52% |
| Total Equity | ₩131.87 Billion | 100.00% |
Iljin Power Co. Ltd Competitors by Market Cap
The table below lists competitors of Iljin Power Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Americanas S.A.
SA:AMER3
|
$78.12 Million |
|
Sidus Space Inc
NASDAQ:SIDU
|
$78.15 Million |
|
Chongkundang
KO:001630
|
$78.16 Million |
|
TEMC Co. Ltd.
KQ:425040
|
$78.16 Million |
|
Bridger Aerospace Group Holdings, Inc. Common Stock
NASDAQ:BAER
|
$78.09 Million |
|
Rock Tech Lithium Inc
OTCQX:RCKTF
|
$78.08 Million |
|
Dongsung Corporation
KO:102260
|
$78.05 Million |
|
SiS Distribution (Thailand) Public Company Limited
BK:SIS
|
$78.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iljin Power Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 130,700,501,880 to 131,873,275,870, a change of 1,172,773,990 (0.9%).
- Net income of 10,428,085,180 contributed positively to equity growth.
- Dividend payments of 4,812,264,810 reduced retained earnings.
- Share repurchases of 1,477,934,400 reduced equity.
- New share issuances of 5,854,195,000 increased equity.
- Other factors decreased equity by 8,819,306,980.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩10.43 Billion | +7.91% |
| Dividends Paid | ₩4.81 Billion | -3.65% |
| Share Repurchases | ₩1.48 Billion | -1.12% |
| Share Issuances | ₩5.85 Billion | +4.44% |
| Other Changes | ₩-8.82 Billion | -6.69% |
| Total Change | ₩- | 0.90% |
Book Value vs Market Value Analysis
This analysis compares Iljin Power 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: 1.35x
- 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 2.66x to 1.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩4436.15 | ₩11820.00 | x |
| 2017-12-31 | ₩5296.97 | ₩11820.00 | x |
| 2018-12-31 | ₩6072.36 | ₩11820.00 | x |
| 2019-12-31 | ₩6523.62 | ₩11820.00 | x |
| 2020-12-31 | ₩6823.76 | ₩11820.00 | x |
| 2021-12-31 | ₩7467.21 | ₩11820.00 | x |
| 2022-12-31 | ₩8318.33 | ₩11820.00 | x |
| 2023-12-31 | ₩8667.88 | ₩11820.00 | x |
| 2024-12-31 | ₩8745.66 | ₩11820.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iljin Power 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): 7.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.40%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 2.05x
- Recent ROE (7.91%) is below the historical average (11.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 8.53% | 4.63% | 1.15x | 1.60x | ₩-902.11 Million |
| 2015 | 4.78% | 2.47% | 1.13x | 1.71x | ₩-3.20 Billion |
| 2016 | 10.21% | 5.02% | 1.16x | 1.76x | ₩133.87 Million |
| 2017 | 18.73% | 10.37% | 1.22x | 1.48x | ₩6.80 Billion |
| 2018 | 17.72% | 10.05% | 1.16x | 1.52x | ₩6.90 Billion |
| 2019 | 12.26% | 6.44% | 1.23x | 1.54x | ₩2.17 Billion |
| 2020 | 10.61% | 6.34% | 1.06x | 1.57x | ₩615.80 Million |
| 2021 | 13.61% | 8.24% | 1.05x | 1.58x | ₩4.06 Billion |
| 2022 | 12.50% | 8.00% | 1.03x | 1.52x | ₩3.13 Billion |
| 2023 | 7.33% | 5.02% | 0.99x | 1.48x | ₩-3.49 Billion |
| 2024 | 7.91% | 5.40% | 0.71x | 2.05x | ₩-2.76 Billion |
Industry Comparison
This section compares Iljin Power Co. Ltd's net assets metrics with peer companies in the Construction & Engineering industry.
Industry Context
- Industry: Construction & Engineering
- Average net assets among peers: $109,932,510,555
- Average return on equity (ROE) among peers: -0.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Iljin Power Co. Ltd (094820) | ₩133.85 Billion | 8.53% | 1.05x | $78.10 Million |
| SHINWON CONSTRUCTION COMPANY Ltd (017000) | $88.99 Billion | 4.15% | 1.24x | $16.01 Million |
| KCC Engineering & Construction Co. Ltd (021320) | $298.99 Billion | -28.51% | 1.80x | $30.49 Million |
| Dongsin Engineering & Construction (025950) | $96.70 Billion | 8.09% | 0.22x | $24.39 Million |
| Tuksu Engineering & ConstructionLtd (026150) | $106.08 Billion | 1.65% | 0.73x | $54.78 Million |
| KT Submarine Co. Ltd (060370) | $84.75 Billion | 9.38% | 0.30x | $216.61 Million |
| Welcron Hantec Co.Ltd (076080) | $65.07 Billion | -3.01% | 1.37x | $10.16 Million |
| Korea SE Corp (101670) | $28.94 Billion | 6.57% | 0.12x | $13.58 Million |