JNK Heaters Co. Ltd

KQ:126880 Korea Machinery, Tools, Heavy Vehicles, Trains & Ships
Market Cap
$50.48 Million
₩73.91 Billion KRW
Market Cap Rank
#21445 Global
#1017 in Korea
Share Price
₩3655.00
Change (1 day)
+0.55%
52-Week Range
₩3320.00 - ₩4855.00
All Time High
₩9821.52
Categories
Companies in Korea Machinery, Tools, Heavy Vehicles, Trains & Ships
About

JNK Heaters Co., Ltd. engages in the design, fabrication, erection, maintenance, and revamping of process fired heaters and furnaces in South Korea and internationally. The company provides process fired heaters, such as crude distillation unit heaters, vacuum distillation unit heaters, UOP CCR platforming/AXENS aromizing heaters, pyrolysis furnaces, steam reformers, steam super heaters, lube bas… Read more

JNK Heaters Co. Ltd (126880) - Net Assets

Latest net assets as of September 2025: ₩159.05 Billion KRW

Based on the latest financial reports, JNK Heaters Co. Ltd (126880) has net assets worth ₩159.05 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 (₩261.70 Billion) and total liabilities (₩102.64 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 ₩159.05 Billion
% of Total Assets 60.78%
Annual Growth Rate 12.35%
5-Year Change 108.42%
10-Year Change 273.88%
Growth Volatility 34.76

JNK Heaters Co. Ltd - Net Assets Trend (2010–2024)

This chart illustrates how JNK Heaters 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 JNK Heaters Co. Ltd (2010–2024)

The table below shows the annual net assets of JNK Heaters Co. Ltd from 2010 to 2024.

Year Net Assets Change
2024-12-31 ₩213.69 Billion +87.08%
2023-12-31 ₩114.22 Billion +0.94%
2022-12-31 ₩113.16 Billion +6.63%
2021-12-31 ₩106.12 Billion +3.51%
2020-12-31 ₩102.53 Billion +17.79%
2019-12-31 ₩87.05 Billion +67.29%
2018-12-31 ₩52.03 Billion -8.91%
2017-12-31 ₩57.12 Billion -19.40%
2016-12-31 ₩70.87 Billion +24.00%
2015-12-31 ₩57.15 Billion -0.54%
2014-12-31 ₩57.46 Billion -24.34%
2013-12-31 ₩75.95 Billion -1.70%
2012-12-31 ₩77.26 Billion +1.31%
2011-12-31 ₩76.26 Billion +82.31%
2010-12-31 ₩41.83 Billion --

Equity Component Analysis

This analysis shows how different components contribute to JNK Heaters 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 11219891446000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩112.20 Billion 52.51%
Common Stock ₩11.60 Billion 5.43%
Other Components ₩89.89 Billion 42.06%
Total Equity ₩213.69 Billion 100.00%

JNK Heaters Co. Ltd Competitors by Market Cap

The table below lists competitors of JNK Heaters Co. Ltd ranked by their market capitalization.

Company Market Cap
Atari SA
PINK:PONGF
 		$47.91 Million
Best SA
WAR:BST
 		$47.92 Million
Allied Biotech Corporation
TWO:1780
 		$47.92 Million
Micro Silicon Electronics Co., Ltd.
TW:8162
 		$47.92 Million
Super Energy Corporation Public Company Limited
BK:SUPER
 		$47.87 Million
Citra Borneo Utama
JK:CBUT
 		$47.87 Million
Linedata Services S.A.
PA:LIN
 		$47.86 Million
Metrovacesa S.A
OTCGREY:MRVCF
 		$47.82 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in JNK Heaters Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 114,224,682,530 to 213,688,715,590, a change of 99,464,033,060 (87.1%).
  • Net income of 91,485,896,500 contributed positively to equity growth.
  • Other factors increased equity by 7,978,136,560.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩91.49 Billion +42.81%
Other Changes ₩7.98 Billion +3.73%
Total Change ₩- 87.08%

Book Value vs Market Value Analysis

This analysis compares JNK Heaters 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: 0.40x
  • 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 0.74x to 0.40x 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 ₩4921.57 ₩3655.00 x
2017-12-31 ₩3966.77 ₩3655.00 x
2018-12-31 ₩3087.56 ₩3655.00 x
2019-12-31 ₩4020.70 ₩3655.00 x
2020-12-31 ₩4425.39 ₩3655.00 x
2021-12-31 ₩4580.59 ₩3655.00 x
2022-12-31 ₩4884.30 ₩3655.00 x
2023-12-31 ₩4930.25 ₩3655.00 x
2024-12-31 ₩9223.39 ₩3655.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently JNK Heaters 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): 42.81%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 65.99%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 1.76x
  • Recent ROE (42.81%) is above the historical average (3.44%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2010 33.61% 13.26% 1.38x 1.83x ₩9.32 Billion
2011 12.56% 8.73% 0.87x 1.66x ₩1.88 Billion
2012 10.34% 5.62% 0.91x 2.03x ₩253.93 Million
2013 0.13% 0.08% 0.79x 2.00x ₩-7.14 Billion
2014 -33.09% -12.56% 0.88x 2.99x ₩-23.14 Billion
2015 4.74% 1.58% 1.06x 2.83x ₩-3.01 Billion
2016 -2.47% -1.22% 0.81x 2.50x ₩-8.84 Billion
2017 -25.20% -12.05% 0.84x 2.49x ₩-20.11 Billion
2018 -14.83% -5.13% 0.73x 3.94x ₩-12.92 Billion
2019 8.08% 3.12% 1.28x 2.03x ₩-1.67 Billion
2020 2.10% 1.12% 1.01x 1.85x ₩-8.10 Billion
2021 3.06% 2.47% 0.64x 1.92x ₩-7.37 Billion
2022 6.40% 3.67% 0.82x 2.12x ₩-4.07 Billion
2023 3.31% 2.27% 0.57x 2.57x ₩-7.64 Billion
2024 42.81% 65.99% 0.37x 1.76x ₩70.12 Billion

Industry Comparison

This section compares JNK Heaters Co. Ltd's net assets metrics with peer companies in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.

Industry Context

  • Industry: Machinery, Tools, Heavy Vehicles, Trains & Ships
  • Average net assets among peers: $111,702,524,769
  • Average return on equity (ROE) among peers: 0.10%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
JNK Heaters Co. Ltd (126880) ₩159.05 Billion 33.61% 0.65x $47.87 Million
Bosung Power Technology Co. Ltd (006910) $34.47 Billion -13.92% 1.45x $270.01 Million
Youngsin Metal Industrial Co. Ltd (007530) $42.53 Billion 5.85% 2.37x $22.80 Million
SMCore.Inc (007820) $42.57 Billion 13.11% 0.61x $54.03 Million
Heungkuk Metaltech Co.Ltd (010240) $45.00 Billion 7.23% 0.87x $19.11 Million
Nuintek Co.Ltd (012340) $14.74 Billion -24.23% 1.98x $5.39 Million
CAS Corporation (016920) $49.47 Billion 2.29% 1.02x $10.38 Million
Semyung Electric Machinery Co.Ltd (017510) $71.37 Billion 4.79% 0.15x $60.31 Million
Enertork Ltd (019990) $40.18 Billion -2.17% 0.14x $34.99 Million
Tae Kwang Corporation (023160) $436.13 Billion 3.49% 0.16x $274.49 Million
Young Poong Precision Corporation (036560) $340.55 Billion 4.55% 0.21x $64.81 Million