CQV Co. Ltd (101240) - Net Assets
Based on the latest financial reports, CQV Co. Ltd (101240) has net assets worth ₩98.16 Billion KRW (≈ $66.52 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 (₩128.48 Billion ≈ $87.07 Million USD) and total liabilities (₩30.32 Billion ≈ $20.55 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 101240 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩98.16 Billion |
| % of Total Assets | 76.4% |
| Annual Growth Rate | 8.78% |
| 5-Year Change | 54.99% |
| 10-Year Change | 117.29% |
| Growth Volatility | 4.37 |
CQV Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how CQV Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 101240 asset base for the complete picture of this company's asset base.
Annual Net Assets for CQV Co. Ltd (2014–2024)
The table below shows the annual net assets of CQV Co. Ltd from 2014 to 2024. For live valuation and market cap data, see 101240 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩88.47 Billion ≈ $59.96 Million |
+14.83% |
| 2023-12-31 | ₩77.05 Billion ≈ $52.21 Million |
+18.80% |
| 2022-12-31 | ₩64.85 Billion ≈ $43.95 Million |
+8.79% |
| 2021-12-31 | ₩59.61 Billion ≈ $40.40 Million |
+4.43% |
| 2020-12-31 | ₩57.08 Billion ≈ $38.68 Million |
+5.52% |
| 2019-12-31 | ₩54.10 Billion ≈ $36.66 Million |
+7.82% |
| 2018-12-31 | ₩50.17 Billion ≈ $34.00 Million |
+6.71% |
| 2017-12-31 | ₩47.02 Billion ≈ $31.86 Million |
+9.91% |
| 2016-12-31 | ₩42.78 Billion ≈ $28.99 Million |
+5.07% |
| 2015-12-31 | ₩40.72 Billion ≈ $27.59 Million |
+6.82% |
| 2014-12-31 | ₩38.12 Billion ≈ $25.83 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to CQV 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 154.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩60.41 Billion | 68.29% |
| Common Stock | ₩5.17 Billion | 5.84% |
| Other Components | ₩22.89 Billion | 25.87% |
| Total Equity | ₩88.47 Billion | 100.00% |
CQV Co. Ltd Competitors by Market Cap
The table below lists competitors of CQV Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Halcyon Technology Public Company Limited
BK:HTECH
|
$30.30 Million |
|
Forsee Power SAS
PA:FORSE
|
$30.35 Million |
|
Perimeter Medical Imaging AI Inc
V:PINK
|
$30.35 Million |
|
Rifa Ind
KO:000760
|
$30.36 Million |
|
ISPD Network S.A.
PA:ALISP
|
$30.28 Million |
|
Asf Group Ltd
AU:AFA
|
$30.28 Million |
|
Axita Cotton Limited
NSE:AXITA
|
$30.28 Million |
|
MedMira Inc
V:MIR
|
$30.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CQV Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 77,045,053,160 to 88,472,909,170, a change of 11,427,856,010 (14.8%).
- Net income of 9,264,688,420 contributed positively to equity growth.
- Share repurchases of 16,573,270 reduced equity.
- Other factors increased equity by 2,179,740,860.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩9.26 Billion | +10.47% |
| Share Repurchases | ₩16.57 Million | -0.02% |
| Other Changes | ₩2.18 Billion | +2.46% |
| Total Change | ₩- | 14.83% |
Book Value vs Market Value Analysis
This analysis compares CQV 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: 0.48x
- 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 decreased from 0.83x to 0.48x 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 | ₩4959.25 | ₩4115.00 | x |
| 2017-12-31 | ₩5487.52 | ₩4115.00 | x |
| 2018-12-31 | ₩5545.94 | ₩4115.00 | x |
| 2019-12-31 | ₩6035.72 | ₩4115.00 | x |
| 2020-12-31 | ₩6368.90 | ₩4115.00 | x |
| 2021-12-31 | ₩6651.14 | ₩4115.00 | x |
| 2022-12-31 | ₩7235.84 | ₩4115.00 | x |
| 2023-12-31 | ₩7450.47 | ₩4115.00 | x |
| 2024-12-31 | ₩8557.65 | ₩4115.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CQV 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): 10.47%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.40%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.31x
- Recent ROE (10.47%) is above the historical average (8.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 8.80% | 11.27% | 0.52x | 1.51x | ₩-455.83 Million |
| 2015 | 7.39% | 9.81% | 0.54x | 1.39x | ₩-1.06 Billion |
| 2016 | 11.36% | 12.83% | 0.62x | 1.42x | ₩581.86 Million |
| 2017 | 8.05% | 9.42% | 0.61x | 1.39x | ₩-915.95 Million |
| 2018 | 8.98% | 10.88% | 0.57x | 1.45x | ₩-513.18 Million |
| 2019 | 10.99% | 13.29% | 0.54x | 1.52x | ₩535.54 Million |
| 2020 | 6.39% | 9.87% | 0.43x | 1.49x | ₩-2.06 Billion |
| 2021 | 5.90% | 8.78% | 0.48x | 1.40x | ₩-2.45 Billion |
| 2022 | 8.30% | 11.63% | 0.54x | 1.33x | ₩-1.10 Billion |
| 2023 | 4.45% | 6.70% | 0.55x | 1.20x | ₩-4.28 Billion |
| 2024 | 10.47% | 15.40% | 0.52x | 1.31x | ₩417.40 Million |
Industry Comparison
This section compares CQV Co. Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,146,832,753,128
- Average return on equity (ROE) among peers: 5.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CQV Co. Ltd (101240) | ₩98.16 Billion | 8.80% | 0.31x | $30.28 Million |
| Rifa Ind (000760) | $187.68 Billion | 3.82% | 0.46x | $30.36 Million |
| Kumyang (001570) | $45.18 Billion | 6.56% | 1.90x | $428.33 Million |
| Sh E & Chemical Co. Ltd. (002360) | $94.10 Billion | 1.96% | 0.32x | $26.35 Million |
| KCC Corporation (002380) | $5.97 Trillion | 2.55% | 0.54x | $2.86 Billion |
| Miwon Commerci (002840) | $112.52 Billion | 5.69% | 0.71x | $474.30 Million |
| Taekwang Ind (003240) | $2.98 Trillion | 0.48% | 0.28x | $570.36 Million |
| Lotte Fine Chemical Co Ltd (004000) | $1.15 Trillion | 6.35% | 0.39x | $1.15 Billion |
| Dongjin Semichem Co. Ltd (005290) | $118.32 Billion | 19.59% | 2.57x | $2.05 Billion |
| Isu Chemical Co Ltd (005950) | $381.26 Billion | -1.93% | 1.80x | $195.90 Million |
| Korea Petro Chemical Ind (006650) | $431.77 Billion | 8.74% | 0.88x | $752.96 Million |
About CQV Co. Ltd
CQV Co., Ltd. engages in the manufacture and sale of pearlescent pigments worldwide. The company offers synthetic mica, natural mica, glass, and alumina pigments primarily under the Reflex, Reflex Natural, Reflex Color, Reflex Natural Color, Axion Color, Axion, Chaos, Multiorora, Ferrius, Kromax, Multiorora Axion, and Adamas brands for industrial use, as well as under the Automotive, Automotive N… Read more