Motrex Co. Ltd
Motrex Co., Ltd develops and manufactures vehicle infotainment products in South Korea and internationally. The company offers in vehicle infotainment products, including audio video, audio video navigation, and audio video navigation telematic products; rear seat entertainment products, such as video, music, VOD, etc.; and digital cluster system. It also provides human machine interface solution… Read more
Motrex Co. Ltd (118990) - Net Assets
Latest net assets as of March 2025: ₩242.84 Billion KRW
Based on the latest financial reports, Motrex Co. Ltd (118990) has net assets worth ₩242.84 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 (₩921.24 Billion) and total liabilities (₩678.40 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 | ₩242.84 Billion |
| % of Total Assets | 26.36% |
| Annual Growth Rate | 14.6% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.23 |
Motrex Co. Ltd - Net Assets Trend (2022–2024)
This chart illustrates how Motrex 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 Motrex Co. Ltd (2022–2024)
The table below shows the annual net assets of Motrex Co. Ltd from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | ₩233.46 Billion | +12.40% |
| 2023-09-30 | ₩207.70 Billion | +16.86% |
| 2022-09-30 | ₩177.73 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Motrex 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 61.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩106.58 Billion | 45.65% |
| Common Stock | ₩12.45 Billion | 5.33% |
| Other Components | ₩114.43 Billion | 49.01% |
| Total Equity | ₩233.46 Billion | 100.00% |
Motrex Co. Ltd Competitors by Market Cap
The table below lists competitors of Motrex Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Immunoprecise Antibodies Ltd
NASDAQ:IPA
|
$86.83 Million |
|
Seamec Limited
NSE:SEAMECLTD
|
$86.84 Million |
|
COGELEC S.A. EO-45
F:5TL
|
$86.86 Million |
|
WiSoL CO.LTD
KQ:122990
|
$86.86 Million |
|
SIVERS SEMICONDUCTORS AB
F:2DG
|
$86.69 Million |
|
DORO AB
ST:DORO
|
$86.67 Million |
|
IndoStar Capital Finance Limited
NSE:INDOSTAR
|
$86.66 Million |
|
LITERACY CAPITAL LS-001
F:26W
|
$86.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Motrex Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 207,703,225,310 to 233,457,525,890, a change of 25,754,300,580 (12.4%).
- Net income of 18,133,311,140 contributed positively to equity growth.
- Dividend payments of 4,016,793,560 reduced retained earnings.
- Share repurchases of 50,323,923,500 reduced equity.
- Other factors increased equity by 61,961,706,500.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩18.13 Billion | +7.77% |
| Dividends Paid | ₩4.02 Billion | -1.72% |
| Share Repurchases | ₩50.32 Billion | -21.56% |
| Other Changes | ₩61.96 Billion | +26.54% |
| Total Change | ₩- | 12.40% |
Book Value vs Market Value Analysis
This analysis compares Motrex 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: 0.90x
- 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 1.17x to 0.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-09-30 | ₩7275.65 | ₩8510.00 | x |
| 2023-09-30 | ₩8376.81 | ₩8510.00 | x |
| 2024-09-30 | ₩9407.39 | ₩8510.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Motrex 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): 7.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.09%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 3.99x
- Recent ROE (7.77%) is below the historical average (15.05%), 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 | 21.71% | 6.79% | 1.12x | 2.86x | ₩20.81 Billion |
| 2023 | 15.66% | 6.13% | 1.00x | 2.56x | ₩11.77 Billion |
| 2024 | 7.77% | 3.09% | 0.63x | 3.99x | ₩-5.21 Billion |
Industry Comparison
This section compares Motrex Co. Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $352,644,129,055
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Motrex Co. Ltd (118990) | ₩242.84 Billion | 21.71% | 2.79x | $86.70 Million |
| Daewonkangup (000430) | $587.30 Billion | 2.73% | 0.78x | $58.61 Million |
| SG Choongbang Co Ltd (001380) | $122.98 Billion | -4.51% | 0.52x | $17.60 Million |
| Tae Won Mulsan (001420) | $31.33 Billion | 0.26% | 0.19x | $5.77 Million |
| Dongkook Ind (001620) | $68.65 Billion | 0.00% | 0.75x | $25.09 Million |
| PS Tec. Co. Ltd (002230) | $75.04 Billion | 10.41% | 0.34x | $43.72 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $173.78 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $102.95 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $13.11 Million |
| Yoo Sung Ent (002920) | $295.14 Billion | -1.60% | 0.39x | $17.59 Million |
| Chin Yang Ind (003780) | $57.01 Billion | 14.90% | 0.58x | $24.34 Million |