JNK Heaters Co. Ltd (126880) - Net Assets

Latest as of September 2025: ₩159.05 Billion KRW ≈ $107.79 Million USD

Based on the latest financial reports, JNK Heaters Co. Ltd (126880) has net assets worth ₩159.05 Billion KRW (≈ $107.79 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 (₩261.70 Billion ≈ $177.35 Million USD) and total liabilities (₩102.64 Billion ≈ $69.56 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 126880 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore JNK Heaters Co. Ltd total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see how much is JNK Heaters Co. Ltd worth.

Year	Net Assets	Change
2024-12-31	₩213.69 Billion ≈ $144.81 Million	+87.08%
2023-12-31	₩114.22 Billion ≈ $77.41 Million	+0.94%
2022-12-31	₩113.16 Billion ≈ $76.69 Million	+6.63%
2021-12-31	₩106.12 Billion ≈ $71.92 Million	+3.51%
2020-12-31	₩102.53 Billion ≈ $69.48 Million	+17.79%
2019-12-31	₩87.05 Billion ≈ $58.99 Million	+67.29%
2018-12-31	₩52.03 Billion ≈ $35.26 Million	-8.91%
2017-12-31	₩57.12 Billion ≈ $38.71 Million	-19.40%
2016-12-31	₩70.87 Billion ≈ $48.03 Million	+24.00%
2015-12-31	₩57.15 Billion ≈ $38.73 Million	-0.54%
2014-12-31	₩57.46 Billion ≈ $38.94 Million	-24.34%
2013-12-31	₩75.95 Billion ≈ $51.47 Million	-1.70%
2012-12-31	₩77.26 Billion ≈ $52.36 Million	+1.31%
2011-12-31	₩76.26 Billion ≈ $51.68 Million	+82.31%
2010-12-31	₩41.83 Billion ≈ $28.35 Million	--

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
Europacorp PA:ALECP	$54.50 Million
Sea & Land Integrated Co TWO:5603	$54.52 Million
Penguen Gida Sanayi AS IS:PENGD	$54.52 Million
WeGrow AG DU:ZN2	$54.53 Million
Minupar Participações S.A SA:MNPR3	$54.47 Million
YATRA ONLINE DL-0001 F:26Y	$54.46 Million
VirnetX Holding Corp Common Stock NASDAQ:VHC	$54.46 Million
Amplia Therapeutics Ltd AU:ATX	$54.45 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: 0.43x
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 0.81x to 0.43x 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	₩3975.00	x
2017-12-31	₩3966.77	₩3975.00	x
2018-12-31	₩3087.56	₩3975.00	x
2019-12-31	₩4020.70	₩3975.00	x
2020-12-31	₩4425.39	₩3975.00	x
2021-12-31	₩4580.59	₩3975.00	x
2022-12-31	₩4884.30	₩3975.00	x
2023-12-31	₩4930.25	₩3975.00	x
2024-12-31	₩9223.39	₩3975.00	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: $90,951,744,002
Average return on equity (ROE) among peers: 3.30%

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	$54.47 Million
Bosung Power Technology Co. Ltd (006910)	$37.82 Billion	2.53%	1.58x	$373.75 Million
Youngsin Metal Industrial Co. Ltd (007530)	$43.64 Billion	2.17%	2.14x	$21.79 Million
SMCore.Inc (007820)	$75.61 Billion	2.00%	0.40x	$70.73 Million
Heungkuk Metaltech Co.Ltd (010240)	$55.26 Billion	12.58%	0.41x	$49.69 Million
Nuintek Co.Ltd (012340)	$20.66 Billion	0.00%	1.89x	$10.53 Million
CAS Corporation (016920)	$49.47 Billion	2.29%	1.02x	$15.44 Million
Semyung Electric Machinery Co.Ltd (017510)	$65.83 Billion	5.57%	0.15x	$149.81 Million
Enertork Ltd (019990)	$44.30 Billion	3.49%	0.17x	$67.82 Million
Tae Kwang Corporation (023160)	$421.46 Billion	-1.19%	0.10x	$807.25 Million
Woori Technology Inc (032820)	$95.47 Billion	3.53%	0.70x	$1.40 Billion

About JNK Heaters Co. Ltd

KQ:126880 Korea Machinery, Tools, Heavy Vehicles, Trains & Ships

Market Cap

$54.47 Million

₩80.38 Billion KRW

Market Cap Rank

#21555 Global

#1391 in Korea

Share Price

₩3975.00

Change (1 day)

-3.52%

52-Week Range

₩3320.00 - ₩4855.00

All Time High

₩9821.52