Iones Co. Ltd (114810) - Net Assets
Based on the latest financial reports, Iones Co. Ltd (114810) has net assets worth ₩206.96 Billion KRW (≈ $140.26 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 (₩252.13 Billion ≈ $170.86 Million USD) and total liabilities (₩45.16 Billion ≈ $30.61 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 Iones Co. Ltd (114810) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩206.96 Billion |
| % of Total Assets | 82.09% |
| Annual Growth Rate | 13.87% |
| 5-Year Change | 57.01% |
| 10-Year Change | 121.73% |
| Growth Volatility | 33.3 |
Iones Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Iones Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 114810 total assets for the complete picture of this company's asset base.
Annual Net Assets for Iones Co. Ltd (2014–2024)
The table below shows the annual net assets of Iones Co. Ltd from 2014 to 2024. For live valuation and market cap data, see Iones Co. Ltd (114810) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩182.20 Billion ≈ $123.48 Million |
+19.97% |
| 2023-12-31 | ₩151.88 Billion ≈ $102.93 Million |
+0.70% |
| 2022-12-31 | ₩150.82 Billion ≈ $102.21 Million |
+85.68% |
| 2021-12-31 | ₩81.22 Billion ≈ $55.04 Million |
-30.01% |
| 2020-12-31 | ₩116.04 Billion ≈ $78.64 Million |
-4.87% |
| 2019-12-31 | ₩121.98 Billion ≈ $82.66 Million |
-3.70% |
| 2018-12-31 | ₩126.67 Billion ≈ $85.84 Million |
+3.66% |
| 2017-12-31 | ₩122.19 Billion ≈ $82.81 Million |
+37.10% |
| 2016-12-31 | ₩89.13 Billion ≈ $60.40 Million |
+8.46% |
| 2015-12-31 | ₩82.17 Billion ≈ $55.69 Million |
+65.36% |
| 2014-12-31 | ₩49.69 Billion ≈ $33.68 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Iones 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 157.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩74.45 Billion | 40.86% |
| Common Stock | ₩14.68 Billion | 8.05% |
| Other Components | ₩93.07 Billion | 51.08% |
| Total Equity | ₩182.20 Billion | 100.00% |
Iones Co. Ltd Competitors by Market Cap
The table below lists competitors of Iones Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Armac Locacao Logistica
SA:ARML3
|
$317.43 Million |
|
Baillie Gifford European Growth Trust PLC
LSE:BGEU
|
$317.48 Million |
|
Equinox India Developments Ltd
NSE:IBREALEST
|
$317.48 Million |
|
Kardan Real Estate Enterprise and Development Ltd
TA:KARE
|
$317.53 Million |
|
Quad Graphics Inc
NYSE:QUAD
|
$317.13 Million |
|
Guanajuato Silver Company Ltd
V:GSVR
|
$317.06 Million |
|
RiverNorth Flexible Municipal Income Fund II Inc
NYSE:RFMZ
|
$317.06 Million |
|
BLD Plantation Bhd
KLSE:5069
|
$316.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iones Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 151,877,715,850 to 182,201,098,520, a change of 30,323,382,670 (20.0%).
- Net income of 31,072,611,400 contributed positively to equity growth.
- Share repurchases of 249,833,340 reduced equity.
- New share issuances of 249,833,340 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩31.07 Billion | +17.05% |
| Share Repurchases | ₩249.83 Million | -0.14% |
| Share Issuances | ₩249.83 Million | +0.14% |
| Other Changes | ₩-749.23 Million | -0.41% |
| Total Change | ₩- | 19.97% |
Book Value vs Market Value Analysis
This analysis compares Iones 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: 2.57x
- 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 4.22x to 2.57x 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 | ₩4011.53 | ₩16940.00 | x |
| 2017-12-31 | ₩4554.09 | ₩16940.00 | x |
| 2018-12-31 | ₩4720.80 | ₩16940.00 | x |
| 2019-12-31 | ₩4613.75 | ₩16940.00 | x |
| 2020-12-31 | ₩4800.15 | ₩16940.00 | x |
| 2021-12-31 | ₩3393.92 | ₩16940.00 | x |
| 2022-12-31 | ₩5428.76 | ₩16940.00 | x |
| 2023-12-31 | ₩5503.85 | ₩16940.00 | x |
| 2024-12-31 | ₩6593.43 | ₩16940.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iones 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): 17.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.77%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.27x
- Recent ROE (17.05%) is above the historical average (9.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 11.47% | 8.25% | 0.67x | 2.09x | ₩731.49 Million |
| 2015 | 15.70% | 18.60% | 0.41x | 2.05x | ₩4.69 Billion |
| 2016 | 3.30% | 3.46% | 0.40x | 2.40x | ₩-5.97 Billion |
| 2017 | 3.35% | 3.16% | 0.52x | 2.03x | ₩-8.13 Billion |
| 2018 | 4.22% | 3.00% | 0.69x | 2.03x | ₩-7.33 Billion |
| 2019 | -2.72% | -2.64% | 0.52x | 1.99x | ₩-15.52 Billion |
| 2020 | 0.34% | 0.27% | 0.68x | 1.85x | ₩-11.21 Billion |
| 2021 | 33.99% | 16.87% | 0.91x | 2.21x | ₩19.48 Billion |
| 2022 | 18.76% | 17.26% | 0.72x | 1.51x | ₩13.21 Billion |
| 2023 | 1.40% | 1.72% | 0.56x | 1.45x | ₩-13.06 Billion |
| 2024 | 17.05% | 19.77% | 0.68x | 1.27x | ₩12.85 Billion |
Industry Comparison
This section compares Iones Co. Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $147,111,617,039
- Average return on equity (ROE) among peers: 1.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Iones Co. Ltd (114810) | ₩206.96 Billion | 11.47% | 0.22x | $317.31 Million |
| D I Corp (003160) | $161.25 Billion | 1.96% | 0.74x | $586.24 Million |
| Samick Thk (004380) | $150.49 Billion | 11.83% | 0.46x | $139.72 Million |
| PSMC CO. Ltd (024850) | $64.44 Billion | 4.30% | 1.04x | $451.89 Million |
| Mirae Corporation (025560) | $84.64 Billion | 8.85% | 0.39x | $46.76 Million |
| KC Co. Ltd (029460) | $96.37 Billion | 13.32% | 0.43x | $294.96 Million |
| MK Electron Co. Ltd (033160) | $250.27 Billion | 13.09% | 4.33x | $395.23 Million |
| Signetics Corporation (033170) | $147.33 Billion | -4.23% | 0.36x | $50.89 Million |
| Nepes Corporation (033640) | $110.15 Billion | -56.50% | 5.45x | $500.06 Million |
| EO Technics Co. Ltd (039030) | $373.95 Billion | 5.84% | 0.15x | $3.91 Billion |
| STI Co. Ltd (039440) | $32.22 Billion | 13.97% | 0.83x | $373.52 Million |
About Iones Co. Ltd
Hansol IONES Co., Ltd. manufactures and sells semiconductors and LCD-related components in South Korea, China, the United States, and internationally. It offers machining services for semiconductors parts, including chamber, ESC, flange, liner, plate, ring, shield, shower head, shutter, and upper chamber; display parts, such as backing plate, door VV, floating mask, ground shield, and spin chuck;… Read more