Korea Fuel-Tech Corporation (123410) - Net Assets

Latest as of March 2026: ₩278.02 Billion KRW ≈ $188.41 Million USD

Based on the latest financial reports, Korea Fuel-Tech Corporation (123410) has net assets worth ₩278.02 Billion KRW (≈ $188.41 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 (₩564.09 Billion ≈ $382.28 Million USD) and total liabilities (₩286.07 Billion ≈ $193.86 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 total assets of Korea Fuel-Tech Corporation for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩278.02 Billion
% of Total Assets	49.29%
Annual Growth Rate	9.99%
5-Year Change	100.05%
10-Year Change	124.28%
Growth Volatility	9.52

Korea Fuel-Tech Corporation - Net Assets Trend (2012–2025)

This chart illustrates how Korea Fuel-Tech Corporation's net assets have evolved over time, based on quarterly financial data. Check 123410 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Korea Fuel-Tech Corporation (2012–2025)

The table below shows the annual net assets of Korea Fuel-Tech Corporation from 2012 to 2025. For live valuation and market cap data, see 123410 market cap overview.

Year	Net Assets	Change
2025-12-31	₩267.03 Billion ≈ $180.96 Million	+21.12%
2024-12-31	₩220.47 Billion ≈ $149.41 Million	+27.98%
2023-12-31	₩172.27 Billion ≈ $116.75 Million	+19.99%
2022-12-31	₩143.57 Billion ≈ $97.29 Million	+7.56%
2021-12-31	₩133.48 Billion ≈ $90.46 Million	+9.27%
2020-12-31	₩122.16 Billion ≈ $82.78 Million	+2.21%
2019-12-31	₩119.51 Billion ≈ $80.99 Million	+4.02%
2018-12-31	₩114.89 Billion ≈ $77.86 Million	-1.09%
2017-12-31	₩116.16 Billion ≈ $78.72 Million	-2.43%
2016-12-31	₩119.06 Billion ≈ $80.68 Million	+4.30%
2015-12-31	₩114.14 Billion ≈ $77.35 Million	+4.10%
2014-12-31	₩109.65 Billion ≈ $74.31 Million	+15.70%
2013-12-31	₩94.77 Billion ≈ $64.23 Million	+22.35%
2012-12-31	₩77.46 Billion ≈ $52.49 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Korea Fuel-Tech Corporation'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 21443826836000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩214.44 Billion	82.31%
Other Components	₩46.10 Billion	17.69%
Total Equity	₩260.54 Billion	100.00%

Korea Fuel-Tech Corporation Competitors by Market Cap

The table below lists competitors of Korea Fuel-Tech Corporation ranked by their market capitalization.

Company	Market Cap
Maiden Holdings Ltd F:4OWA	$99.64 Million
Wieson Technologies Co Ltd TWO:6272	$99.69 Million
XL Holdings Bhd KLSE:7121	$99.78 Million
Trinity Precision Technology Co Ltd TWO:4534	$99.80 Million
Noroo Paint KO:090350	$99.62 Million
WW Holding Inc TW:8442	$99.59 Million
Marks and Spencer Group PLC LSE:MKS	$99.58 Million
Emeren Group Ltd NYSE:SOL	$99.56 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Korea Fuel-Tech Corporation's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 214,527,244,730 to 260,535,761,140, a change of 46,008,516,410 (21.4%).
Net income of 43,902,830,240 contributed positively to equity growth.
Dividend payments of 4,176,158,850 reduced retained earnings.
Other factors increased equity by 6,281,845,020.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩43.90 Billion	+16.85%
Dividends Paid	₩4.18 Billion	-1.6%
Other Changes	₩6.28 Billion	+2.41%
Total Change	₩-	21.45%

Book Value vs Market Value Analysis

This analysis compares Korea Fuel-Tech Corporation'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.
The price-to-book ratio has decreased from 1.23x to 0.56x 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	₩4276.35	₩5280.00	x
2017-12-31	₩4172.27	₩5280.00	x
2018-12-31	₩4126.77	₩5280.00	x
2019-12-31	₩4292.71	₩5280.00	x
2020-12-31	₩4387.61	₩5280.00	x
2021-12-31	₩4794.42	₩5280.00	x
2022-12-31	₩5156.66	₩5280.00	x
2023-12-31	₩6187.69	₩5280.00	x
2024-12-31	₩7705.43	₩5280.00	x
2025-12-31	₩9357.97	₩5280.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Korea Fuel-Tech Corporation 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): 16.85%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.59%
• Asset Turnover: 1.50x
• Equity Multiplier: 2.01x
Recent ROE (16.85%) is above the historical average (11.07%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	23.48%	7.15%	1.35x	2.43x	₩9.88 Billion
2013	18.82%	6.46%	1.31x	2.23x	₩7.94 Billion
2014	16.18%	6.11%	1.17x	2.27x	₩6.43 Billion
2015	12.34%	4.54%	1.16x	2.36x	₩2.67 Billion
2016	9.43%	3.06%	1.21x	2.55x	₩-676.27 Million
2017	1.73%	0.58%	1.06x	2.82x	₩-9.60 Billion
2018	3.48%	1.03%	1.16x	2.91x	₩-7.49 Billion
2019	4.79%	1.31%	1.32x	2.79x	₩-6.22 Billion
2020	3.01%	0.90%	1.13x	2.98x	₩-8.53 Billion
2021	4.18%	1.20%	1.25x	2.80x	₩-7.77 Billion
2022	6.51%	1.67%	1.42x	2.75x	₩-5.01 Billion
2023	17.73%	4.49%	1.64x	2.41x	₩13.31 Billion
2024	16.37%	4.77%	1.58x	2.17x	₩13.66 Billion
2025	16.85%	5.59%	1.50x	2.01x	₩17.85 Billion

Industry Comparison

This section compares Korea Fuel-Tech Corporation's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

Industry: Auto Parts
Average net assets among peers: $660,013,230,285
Average return on equity (ROE) among peers: 7.28%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Korea Fuel-Tech Corporation (123410)	₩278.02 Billion	23.48%	1.03x	$99.62 Million
Hankook Tire Worldwide (000240)	$2.87 Trillion	9.11%	0.08x	$1.61 Billion
Daewonkangup (000430)	$576.99 Billion	-1.19%	0.70x	$147.48 Million
SG Choongbang Co Ltd (001380)	$142.28 Billion	0.00%	2.20x	$41.90 Million
Tae Won Mulsan (001420)	$31.76 Billion	2.13%	0.37x	$14.06 Million
Dongkook Ind (001620)	$182.39 Billion	2.51%	2.13x	$159.14 Million
PS Tec. Co. Ltd (002230)	$101.46 Billion	24.27%	0.32x	$49.96 Million
Nexen Tire (002350)	$1.56 Trillion	7.59%	1.21x	$445.75 Million
Nexen Tire Prf 1 (002355)	$797.00 Billion	15.39%	1.89x	$17.22 Million
Dayou A-Tech (002880)	$52.20 Billion	11.76%	2.72x	$24.88 Million
Yoo Sung Ent (002920)	$288.76 Billion	1.27%	0.30x	$29.79 Million

About Korea Fuel-Tech Corporation

KQ:123410 Korea Auto Parts

Market Cap

$99.62 Million

₩147.00 Billion KRW

Market Cap Rank

#19179 Global

#901 in Korea

Share Price

₩5280.00

Change (1 day)

+1.34%

52-Week Range

₩4680.00 - ₩9250.00

All Time High

₩9250.00