Korea Fuel-Tech Corporation (123410) - Net Assets
Based on the latest financial reports, Korea Fuel-Tech Corporation (123410) has net assets worth ₩255.91 Billion KRW as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩503.40 Billion) and total liabilities (₩247.50 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 | ₩255.91 Billion |
| % of Total Assets | 50.84% |
| Annual Growth Rate | 9.11% |
| 5-Year Change | 80.49% |
| 10-Year Change | 93.15% |
| Growth Volatility | 9.37 |
Korea Fuel-Tech Corporation - Net Assets Trend (2012–2024)
This chart illustrates how Korea Fuel-Tech Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Korea Fuel-Tech Corporation (2012–2024)
The table below shows the annual net assets of Korea Fuel-Tech Corporation from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩220.47 Billion | +27.98% |
| 2023-12-31 | ₩172.27 Billion | +19.99% |
| 2022-12-31 | ₩143.57 Billion | +7.56% |
| 2021-12-31 | ₩133.48 Billion | +9.27% |
| 2020-12-31 | ₩122.16 Billion | +2.21% |
| 2019-12-31 | ₩119.51 Billion | +4.02% |
| 2018-12-31 | ₩114.89 Billion | -1.09% |
| 2017-12-31 | ₩116.16 Billion | -2.43% |
| 2016-12-31 | ₩119.06 Billion | +4.30% |
| 2015-12-31 | ₩114.14 Billion | +4.10% |
| 2014-12-31 | ₩109.65 Billion | +15.70% |
| 2013-12-31 | ₩94.77 Billion | +22.35% |
| 2012-12-31 | ₩77.46 Billion | -- |
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 17499556877000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩175.00 Billion | 81.57% |
| Common Stock | ₩2.78 Billion | 1.30% |
| Other Components | ₩36.75 Billion | 17.13% |
| Total Equity | ₩214.53 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 |
|---|---|
|
BIOINVENT INTERN. SK 2
F:BIX0
|
$135.12 Million |
|
Dong Phu Rubber JSC
VN:DPR
|
$135.18 Million |
|
Samhällsbyggnadsbolaget i Norden AB (publ)
F:JSIA
|
$135.19 Million |
|
AirBoss of America Corp.
TO:BOS
|
$135.20 Million |
|
D-Box Technologies Inc.
TO:DBO
|
$135.08 Million |
|
Kobay Tech Bhd
KLSE:6971
|
$135.05 Million |
|
GrafTech International Ltd
NYSE:EAF
|
$135.04 Million |
|
EUROZ Hartleys Group Ltd
AU:EZL
|
$135.02 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 2023 to 2024, total equity changed from 172,271,723,760 to 214,527,244,730, a change of 42,255,520,970 (24.5%).
- Net income of 35,109,807,230 contributed positively to equity growth.
- Dividend payments of 3,340,927,080 reduced retained earnings.
- Other factors increased equity by 10,486,640,820.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩35.11 Billion | +16.37% |
| Dividends Paid | ₩3.34 Billion | -1.56% |
| Other Changes | ₩10.49 Billion | +4.89% |
| Total Change | ₩- | 24.53% |
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: 0.93x
- 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 1.67x to 0.93x 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 | ₩7160.00 | x |
| 2017-12-31 | ₩4172.27 | ₩7160.00 | x |
| 2018-12-31 | ₩4126.77 | ₩7160.00 | x |
| 2019-12-31 | ₩4292.71 | ₩7160.00 | x |
| 2020-12-31 | ₩4387.61 | ₩7160.00 | x |
| 2021-12-31 | ₩4794.42 | ₩7160.00 | x |
| 2022-12-31 | ₩5156.66 | ₩7160.00 | x |
| 2023-12-31 | ₩6187.69 | ₩7160.00 | x |
| 2024-12-31 | ₩7705.43 | ₩7160.00 | 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): 16.37%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.77%
- • Asset Turnover: 1.58x
- • Equity Multiplier: 2.17x
- Recent ROE (16.37%) is above the historical average (10.62%), 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 |
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: $374,043,555,166
- Average return on equity (ROE) among peers: 7.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Korea Fuel-Tech Corporation (123410) | ₩255.91 Billion | 23.48% | 0.97x | $135.09 Million |
| Daewonkangup (000430) | $180.82 Billion | 4.98% | 1.30x | $186.76 Million |
| SG Choongbang Co Ltd (001380) | $136.03 Billion | 14.83% | 0.38x | $33.46 Million |
| Tae Won Mulsan (001420) | $32.20 Billion | 1.67% | 0.19x | $14.88 Million |
| Dongkook Ind (001620) | $176.38 Billion | -1.18% | 2.17x | $51.29 Million |
| PS Tec. Co. Ltd (002230) | $67.65 Billion | 10.66% | 0.34x | $101.22 Million |
| Nexen Tire (002350) | $1.70 Trillion | 6.03% | 1.48x | $485.51 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $19.12 Million |
| Dayou A-Tech (002880) | $236.05 Billion | 4.29% | 3.73x | $29.63 Million |
| Yoo Sung Ent (002920) | $139.17 Billion | 7.43% | 0.47x | $33.61 Million |
| Chin Yang Ind (003780) | $33.22 Billion | 9.16% | 0.19x | $52.42 Million |
About Korea Fuel-Tech Corporation
Korea Fuel-Tech Corporation manufactures and sells automotive fuel systems and components in South Korea and internationally. The company offers carbon canisters; mono-layer and multi-layer filler neck, urea filler neck, nano filler neck, and capless and MFI filler neck; air intake hose; interior and exterior trim parts, such as front, center, and rear pillar trim, luggage board, floor console, g… Read more