MCNEX Co. Ltd (097520) - Net Assets
Based on the latest financial reports, MCNEX Co. Ltd (097520) has net assets worth ₩375.16 Billion KRW (≈ $254.24 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩596.17 Billion ≈ $404.02 Million USD) and total liabilities (₩221.01 Billion ≈ $149.78 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 asset allocation strategy of MCNEX Co. Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩375.16 Billion |
| % of Total Assets | 62.93% |
| Annual Growth Rate | 17.3% |
| 5-Year Change | 47.16% |
| 10-Year Change | 309.03% |
| Growth Volatility | 24.62 |
MCNEX Co. Ltd - Net Assets Trend (2012–2024)
This chart illustrates how MCNEX Co. Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 097520 stock market capitalisation.
Annual Net Assets for MCNEX Co. Ltd (2012–2024)
The table below shows the annual net assets of MCNEX Co. Ltd from 2012 to 2024. Also explore how fast is MCNEX Co. Ltd growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩372.22 Billion ≈ $252.25 Million |
+15.02% |
| 2023-12-31 | ₩323.61 Billion ≈ $219.31 Million |
+4.71% |
| 2022-12-31 | ₩309.07 Billion ≈ $209.45 Million |
+3.38% |
| 2021-12-31 | ₩298.97 Billion ≈ $202.61 Million |
+18.20% |
| 2020-12-31 | ₩252.93 Billion ≈ $171.41 Million |
+12.63% |
| 2019-12-31 | ₩224.57 Billion ≈ $152.19 Million |
+73.13% |
| 2018-12-31 | ₩129.71 Billion ≈ $87.90 Million |
+32.33% |
| 2017-12-31 | ₩98.02 Billion ≈ $66.43 Million |
+54.11% |
| 2016-12-31 | ₩63.60 Billion ≈ $43.10 Million |
-30.11% |
| 2015-12-31 | ₩91.00 Billion ≈ $61.67 Million |
+18.20% |
| 2014-12-31 | ₩76.99 Billion ≈ $52.17 Million |
+21.96% |
| 2013-12-31 | ₩63.12 Billion ≈ $42.78 Million |
+15.04% |
| 2012-12-31 | ₩54.87 Billion ≈ $37.19 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MCNEX 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 283286.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩313.00 Billion | 84.09% |
| Other Components | ₩59.23 Billion | 15.91% |
| Total Equity | ₩372.22 Billion | 100.00% |
MCNEX Co. Ltd Competitors by Market Cap
The table below lists competitors of MCNEX Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
International CSRC Investment Holdings Co Ltd
TW:2104
|
$328.52 Million |
|
Super Group Ltd.
JSE:SPG
|
$328.59 Million |
|
Metropolis Healthcare Limited
NSE:METROPOLIS
|
$328.65 Million |
|
Beijing E-techstar Co Ltd
SHE:300513
|
$328.66 Million |
|
Chalice Mining Limited
F:C8U
|
$328.50 Million |
|
Blackrock Silver Corp
V:BRC
|
$328.48 Million |
|
Cartesian Growth Corporation III Class A Ordinary Shares
NASDAQ:CGCT
|
$328.44 Million |
|
Asia Aviation Public Company Limited
BK:AAV
|
$328.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MCNEX Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 323,612,702,490 to 372,224,146,150, a change of 48,611,443,660 (15.0%).
- Net income of 63,604,930,140 contributed positively to equity growth.
- Dividend payments of 10,570,639,200 reduced retained earnings.
- Share repurchases of 15,656,989,850 reduced equity.
- Other factors increased equity by 11,234,142,570.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩63.60 Billion | +17.09% |
| Dividends Paid | ₩10.57 Billion | -2.84% |
| Share Repurchases | ₩15.66 Billion | -4.21% |
| Other Changes | ₩11.23 Billion | +3.02% |
| Total Change | ₩- | 15.02% |
Book Value vs Market Value Analysis
This analysis compares MCNEX 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: 1.25x
- 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 1.92x to 1.25x 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 | ₩14344.00 | ₩27500.00 | x |
| 2021-12-31 | ₩16767.19 | ₩27500.00 | x |
| 2022-12-31 | ₩17476.74 | ₩27500.00 | x |
| 2023-12-31 | ₩18368.58 | ₩27500.00 | x |
| 2024-12-31 | ₩22067.23 | ₩27500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MCNEX 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): 17.09%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.02%
- • Asset Turnover: 1.84x
- • Equity Multiplier: 1.54x
- Recent ROE (17.09%) is above the historical average (10.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 4.32% | 1.39% | 1.14x | 2.72x | ₩-3.12 Billion |
| 2013 | 12.67% | 2.69% | 1.40x | 3.37x | ₩1.68 Billion |
| 2014 | 17.72% | 3.32% | 1.42x | 3.75x | ₩5.95 Billion |
| 2015 | 17.76% | 3.21% | 1.85x | 2.99x | ₩7.06 Billion |
| 2016 | -38.83% | -5.99% | 1.40x | 4.63x | ₩-31.06 Billion |
| 2017 | -0.91% | -0.13% | 1.72x | 3.96x | ₩-10.69 Billion |
| 2018 | 22.99% | 4.28% | 1.78x | 3.01x | ₩16.85 Billion |
| 2019 | 37.63% | 6.67% | 2.66x | 2.12x | ₩62.05 Billion |
| 2020 | 15.20% | 2.93% | 2.89x | 1.79x | ₩13.15 Billion |
| 2021 | 13.21% | 3.91% | 1.92x | 1.76x | ₩9.61 Billion |
| 2022 | 7.43% | 2.07% | 2.06x | 1.74x | ₩-7.93 Billion |
| 2023 | 8.63% | 2.99% | 1.74x | 1.66x | ₩-4.44 Billion |
| 2024 | 17.09% | 6.02% | 1.84x | 1.54x | ₩26.38 Billion |
Industry Comparison
This section compares MCNEX 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 |
|---|---|---|---|---|
| MCNEX Co. Ltd (097520) | ₩375.16 Billion | 4.32% | 0.59x | $328.51 Million |
| Samyang Holdings Corp (000075) | $3.00 Trillion | 0.94% | 0.76x | $17.20 Million |
| POBIS TNC CO. Ltd (016670) | $86.07 Billion | 12.91% | 0.50x | $58.05 Million |
| Posco ICT Company Ltd (022100) | $388.01 Billion | 6.61% | 1.12x | $2.80 Billion |
| Osung Advanced Materials Co. Ltd (052420) | $194.40 Billion | 5.26% | 0.32x | $363.11 Million |
| Kyung Nam Pharm Co Ltd (053950) | $89.83 Billion | -23.37% | 0.85x | $14.62K |
| ilShinbiobase Co. Ltd (068330) | $35.22 Billion | 5.98% | 0.09x | $29.84 Million |
| Kuk-Il Paper Mfg Co.Ltd (078130) | $17.91 Billion | 0.00% | 3.60x | $294.00 Million |
| OncoQuest Pharmaceuticals Inc (078590) | $48.94 Billion | -22.72% | 0.67x | $105.53 Million |
| Smac Co. Ltd (097780) | $265.49 Billion | 5.87% | 0.26x | $224.21 Million |
About MCNEX Co. Ltd
MCNEX Co., Ltd manufactures and sells camera modules in South Korea and internationally. It offers mobile and automotive camera modules. The company was founded in 2004 and is based in Seoul, South Korea.