Qurient Co. Ltd (115180) - Net Assets
Based on the latest financial reports, Qurient Co. Ltd (115180) has net assets worth ₩50.69 Billion KRW (≈ $34.35 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 (₩57.50 Billion ≈ $38.97 Million USD) and total liabilities (₩6.81 Billion ≈ $4.61 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 115180 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩50.69 Billion |
| % of Total Assets | 88.16% |
| Annual Growth Rate | N/A |
| 5-Year Change | 1.82% |
| 10-Year Change | 1890.28% |
| Growth Volatility | 238.71 |
Qurient Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Qurient Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 115180 total assets for the complete picture of this company's asset base.
Annual Net Assets for Qurient Co. Ltd (2014–2024)
The table below shows the annual net assets of Qurient Co. Ltd from 2014 to 2024. For live valuation and market cap data, see Qurient Co. Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩57.60 Billion ≈ $39.03 Million |
+23.55% |
| 2023-12-31 | ₩46.62 Billion ≈ $31.59 Million |
+32.68% |
| 2022-12-31 | ₩35.14 Billion ≈ $23.81 Million |
-35.02% |
| 2021-12-31 | ₩54.08 Billion ≈ $36.65 Million |
-4.40% |
| 2020-12-31 | ₩56.57 Billion ≈ $38.33 Million |
+225.50% |
| 2019-12-31 | ₩17.38 Billion ≈ $11.78 Million |
-55.90% |
| 2018-12-31 | ₩39.41 Billion ≈ $26.70 Million |
+171.15% |
| 2017-12-31 | ₩14.53 Billion ≈ $9.85 Million |
-40.31% |
| 2016-12-31 | ₩24.35 Billion ≈ $16.50 Million |
+741.35% |
| 2015-12-31 | ₩2.89 Billion ≈ $1.96 Million |
+113.35% |
| 2014-12-31 | ₩-21.68 Billion ≈ $-14.69 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Qurient 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 18460464416000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩16.15 Billion | 28.03% |
| Other Components | ₩248.35 Billion | 431.17% |
| Total Equity | ₩57.60 Billion | 100.00% |
Qurient Co. Ltd Competitors by Market Cap
The table below lists competitors of Qurient Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Changhua Auto Parts Co Ltd
SHG:605018
|
$881.83 Million |
|
Eczacibasi Yatirim Holding Ortakligi AS
IS:ECZYT
|
$881.90 Million |
|
Varroc Engineering Limited
NSE:VARROC
|
$882.01 Million |
|
Minerals 260 Ltd
AU:MI6
|
$882.12 Million |
|
Aucma Co Ltd
SHG:600336
|
$881.65 Million |
|
Qingdao Eastsoft Communic Tech
SHE:300183
|
$881.38 Million |
|
People & Technology Inc
KQ:137400
|
$880.92 Million |
|
SMU S.A
SN:SMU
|
$880.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qurient Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,620,162,040 to 57,598,039,950, a change of 10,977,877,910 (23.5%).
- Net loss of 23,567,157,890 reduced equity.
- Dividend payments of 70,000,000 reduced retained earnings.
- Share repurchases of 21,446,193,040 reduced equity.
- New share issuances of 21,499,993,920 increased equity.
- Other factors increased equity by 34,561,234,920.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-23.57 Billion | -40.92% |
| Dividends Paid | ₩70.00 Million | -0.12% |
| Share Repurchases | ₩21.45 Billion | -37.23% |
| Share Issuances | ₩21.50 Billion | +37.33% |
| Other Changes | ₩34.56 Billion | +60.0% |
| Total Change | ₩- | 23.55% |
Book Value vs Market Value Analysis
This analysis compares Qurient 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: 20.91x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 9.67x to 20.91x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | ₩3856.41 | ₩37300.00 | x |
| 2022-12-31 | ₩1689.35 | ₩37300.00 | x |
| 2023-12-31 | ₩1754.95 | ₩37300.00 | x |
| 2024-12-31 | ₩1783.92 | ₩37300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qurient 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): -40.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -256.73%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.14x
- Recent ROE (-40.92%) is above the historical average (-79.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -4973.15% | 0.02x | 0.00x | ₩-8.54 Billion |
| 2015 | -321.43% | 0.00% | 0.00x | 1.33x | ₩-9.59 Billion |
| 2016 | -43.27% | 0.00% | 0.00x | 1.08x | ₩-12.97 Billion |
| 2017 | -83.92% | 0.00% | 0.00x | 1.08x | ₩-13.65 Billion |
| 2018 | -41.66% | 0.00% | 0.00x | 1.10x | ₩-20.36 Billion |
| 2019 | -130.61% | 0.00% | 0.00x | 1.18x | ₩-24.44 Billion |
| 2020 | -36.24% | 0.00% | 0.00x | 1.08x | ₩-26.15 Billion |
| 2021 | -44.28% | -467.63% | 0.08x | 1.12x | ₩-28.01 Billion |
| 2022 | -82.24% | -300.61% | 0.22x | 1.24x | ₩-28.55 Billion |
| 2023 | -45.30% | -233.80% | 0.17x | 1.13x | ₩-25.78 Billion |
| 2024 | -40.92% | -256.73% | 0.14x | 1.14x | ₩-29.33 Billion |
Industry Comparison
This section compares Qurient Co. Ltd's net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $368,573,438,392
- Average return on equity (ROE) among peers: 0.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qurient Co. Ltd (115180) | ₩50.69 Billion | 0.00% | 0.13x | $881.75 Million |
| ORIENTBIO Inc. (002630) | $57.60 Billion | 0.00% | 0.70x | $43.15 Million |
| Green Cross (005250) | $1.51 Trillion | 0.20% | 0.84x | $425.10 Million |
| Green Cross Holdings Preference Shares (005257) | $1.85 Trillion | 1.30% | 0.98x | $3.74 Million |
| Pharmicell (005690) | $51.52 Billion | 8.44% | 0.23x | $736.42 Million |
| GeneOne Life Science Inc (011000) | $39.74 Billion | 0.00% | 0.49x | $49.94 Million |
| HLB Co. Ltd (028300) | $19.44 Billion | 0.00% | 0.66x | $5.41 Billion |
| Daesung Microbiological Labs. Co. Ltd (036480) | $37.00 Billion | 2.34% | 0.69x | $19.29 Million |
| Seoulin Bioscience Co.Ltd (038070) | $51.49 Billion | 4.00% | 0.38x | $37.92 Million |
| Hyundai Bioscience Co. Ltd (048410) | $58.24 Billion | 3.27% | 0.77x | $872.13 Million |
| iNtRON Biotechnology Inc (048530) | $11.93 Billion | -9.93% | 0.65x | $77.34 Million |
About Qurient Co. Ltd
Qurient Co., Ltd., a biotech company, engages in the research and development of drugs to address unmet medical needs in Korea and internationally. The company's pipeline products include Q301, a topical 5LO inhibitor, which is in Phase II clinical trial for the treatment of atopic dermatitis; and Telacebec (Q203), Cyt bc1 Inhibitor, that is in Phase II to treat Mycobacterial Infections, such as … Read more