C-SITE Co., Ltd.
C-SITE Co., Ltd. engages in the design, production, and export of knitted clothing products in Korea and internationally. The company was founded in 1999 and is based in Seoul, South Korea.
C-SITE Co., Ltd. (109670) - Net Assets
Latest net assets as of March 2025: ₩55.46 Billion KRW
Based on the latest financial reports, C-SITE Co., Ltd. (109670) has net assets worth ₩55.46 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 (₩103.69 Billion) and total liabilities (₩48.23 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 | ₩55.46 Billion |
| % of Total Assets | 53.49% |
| Annual Growth Rate | 5.82% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1.68 |
C-SITE Co., Ltd. - Net Assets Trend (2022–2024)
This chart illustrates how C-SITE 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 C-SITE Co., Ltd. (2022–2024)
The table below shows the annual net assets of C-SITE Co., Ltd. from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩55.90 Billion | +4.16% |
| 2023-12-31 | ₩53.66 Billion | +7.52% |
| 2022-12-31 | ₩49.91 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to C-SITE 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 decreased by 14.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩40.39 Billion | 72.26% |
| Common Stock | ₩2.92 Billion | 5.22% |
| Other Components | ₩12.59 Billion | 22.52% |
| Total Equity | ₩55.90 Billion | 100.00% |
C-SITE Co., Ltd. Competitors by Market Cap
The table below lists competitors of C-SITE Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gillanders Arbuthnot & Company Limited
NSE:GILLANDERS
|
$5.37 Million |
|
Biomerica Inc
NASDAQ:BMRA
|
$5.37 Million |
|
Bodegas Riojanas S.A.
MC:RIO
|
$5.37 Million |
|
Tifa Finance Tbk
JK:TIFA
|
$5.37 Million |
|
Avenir Telecom S.A
PA:AVT
|
$5.37 Million |
|
Sappi Ltd
JSE:SAP
|
$5.37 Million |
|
Tainwala Chemical and Plastic (I) Limited
NSE:TAINWALCHM
|
$5.37 Million |
|
Music Broadcast Limited
NSE:RADIOCITY
|
$5.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in C-SITE Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 53,661,979,950 to 55,895,509,640, a change of 2,233,529,690 (4.2%).
- Net income of 195,444,290 contributed positively to equity growth.
- Other factors increased equity by 2,038,085,400.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩195.44 Million | +0.35% |
| Other Changes | ₩2.04 Billion | +3.65% |
| Total Change | ₩- | 4.16% |
Book Value vs Market Value Analysis
This analysis compares C-SITE 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: 0.56x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩8736.38 | ₩5380.00 | x |
| 2023-12-31 | ₩9395.23 | ₩5380.00 | x |
| 2024-12-31 | ₩9578.86 | ₩5380.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently C-SITE 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): 0.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.11%
- • Asset Turnover: 1.75x
- • Equity Multiplier: 1.77x
- Recent ROE (0.35%) is below the historical average (3.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 17.81% | 4.79% | 1.96x | 1.90x | ₩3.90 Billion |
| 2023 | -7.91% | -2.79% | 1.55x | 1.84x | ₩-9.61 Billion |
| 2024 | 0.35% | 0.11% | 1.75x | 1.77x | ₩-5.39 Billion |
Industry Comparison
This section compares C-SITE Co., Ltd.'s net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $209,700,898,505
- Average return on equity (ROE) among peers: 7.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| C-SITE Co., Ltd. (109670) | ₩55.46 Billion | 17.81% | 0.87x | $5.37 Million |
| BYC Co Ltd (001465) | $378.12 Billion | 3.49% | 0.83x | $50.34 Million |
| Vivien Corp (002070) | $138.99 Billion | 0.12% | 0.40x | $10.53 Million |
| Kuk Dong (005320) | $28.64 Billion | 31.07% | 2.12x | $15.40 Million |
| Shinsung Tngsn (005390) | $230.85 Billion | 2.26% | 1.99x | $10.03 Million |
| Shinyoung Waco (005800) | $251.88 Billion | 6.83% | 0.12x | $26.78 Million |
| F&F Holdings Co. Ltd (007700) | $189.53 Billion | 7.38% | 0.70x | $40.03 Million |
| Pan-Pacific (007980) | $241.92 Billion | 9.16% | 2.11x | $38.87 Million |
| Willbes (008600) | $126.89 Billion | 2.17% | 0.93x | $13.89 Million |
| Shinwon (009270) | $213.79 Billion | 2.77% | 1.55x | $51.58 Million |
| Youngone Holdi (009970) | $296.42 Billion | 11.43% | 0.61x | $813.72 Million |