CQV Co. Ltd (101240) - Net Assets
Based on the latest financial reports, CQV Co. Ltd (101240) has net assets worth ₩112.02 Billion KRW (≈ $75.92 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩138.79 Billion ≈ $94.06 Million USD) and total liabilities (₩26.77 Billion ≈ $18.14 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. Also explore 101240 current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩112.02 Billion |
| % of Total Assets | 80.71% |
| Annual Growth Rate | 10.6% |
| 5-Year Change | 93.76% |
| 10-Year Change | 170.0% |
| Growth Volatility | 7.5 |
CQV Co. Ltd - Net Assets Trend (2014–2025)
This chart illustrates how CQV Co. Ltd's net assets have evolved over time, based on quarterly financial data. Check CQV Co. Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for CQV Co. Ltd (2014–2025)
The table below shows the annual net assets of CQV Co. Ltd from 2014 to 2025. For live valuation and market cap data, see CQV Co. Ltd (101240) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩115.50 Billion ≈ $78.27 Million |
+30.55% |
| 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 |
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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 192.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩69.61 Billion | 60.27% |
| Other Components | ₩45.89 Billion | 39.73% |
| Total Equity | ₩115.50 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 |
|---|---|
|
Brd. Klee A/S
CO:KLEE-B
|
$22.41 Million |
|
Sakthi Sugars Limited
NSE:SAKHTISUG
|
$22.42 Million |
|
Tontek Design Technology Ltd
TWO:5487
|
$22.44 Million |
|
CMC Markets PLC
LSE:CMCX
|
$22.45 Million |
|
Finebesteel
KO:133820
|
$22.41 Million |
|
Nova Agritech Ltd.
NSE:NOVAAGRI
|
$22.39 Million |
|
SoftOx Solutions AS
OL:SOFTX
|
$22.39 Million |
|
ENVIONEER Co.Ltd
KQ:317870
|
$22.39 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 2024 to 2025, total equity changed from 88,472,909,170 to 115,503,165,560, a change of 27,030,256,390 (30.6%).
- Net income of 9,450,565,420 contributed positively to equity growth.
- Other factors increased equity by 17,579,690,970.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩9.45 Billion | +8.18% |
| Other Changes | ₩17.58 Billion | +15.22% |
| Total Change | ₩- | 30.55% |
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: 0.29x
- 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 0.61x to 0.29x 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 | ₩3045.00 | x |
| 2017-12-31 | ₩5487.52 | ₩3045.00 | x |
| 2018-12-31 | ₩5545.94 | ₩3045.00 | x |
| 2019-12-31 | ₩6035.72 | ₩3045.00 | x |
| 2020-12-31 | ₩6368.90 | ₩3045.00 | x |
| 2021-12-31 | ₩6651.14 | ₩3045.00 | x |
| 2022-12-31 | ₩7235.84 | ₩3045.00 | x |
| 2023-12-31 | ₩7450.47 | ₩3045.00 | x |
| 2024-12-31 | ₩8557.65 | ₩3045.00 | x |
| 2025-12-31 | ₩10636.73 | ₩3045.00 | 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): 8.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.72%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.23x
- Recent ROE (8.18%) is below the historical average (8.27%), 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 | 8.80% | 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 |
| 2025 | 8.18% | 16.72% | 0.40x | 1.23x | ₩-2.10 Billion |
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: $1,308,697,015,788
- Average return on equity (ROE) among peers: 5.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CQV Co. Ltd (101240) | ₩112.02 Billion | 8.80% | 0.24x | $22.41 Million |
| Rifa Ind (000760) | $181.15 Billion | -1.86% | 0.48x | $25.33 Million |
| Kumyang (001570) | $42.64 Billion | 3.48% | 1.33x | $428.33 Million |
| Sh E & Chemical Co. Ltd. (002360) | $69.69 Billion | -15.47% | 0.46x | $14.17 Million |
| KCC Corporation (002380) | $6.23 Trillion | 5.23% | 0.39x | $1.85 Billion |
| Miwon Commerci (002840) | $295.99 Billion | 19.51% | 0.26x | $371.94 Million |
| Taekwang Ind (003240) | $2.58 Trillion | 1.28% | 0.50x | $495.07 Million |
| Lotte Fine Chemical Co Ltd (004000) | $2.29 Trillion | 6.37% | 0.18x | $754.29 Million |
| Dongjin Semichem Co. Ltd (005290) | $696.84 Billion | 22.89% | 0.97x | $1.35 Billion |
| Isu Chemical Co Ltd (005950) | $261.88 Billion | 1.11% | 0.54x | $211.20 Million |
| Korea Petro Chemical Ind (006650) | $431.77 Billion | 8.74% | 0.88x | $362.46 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