Ecocab Co. Ltd (128540) - Net Assets
Based on the latest financial reports, Ecocab Co. Ltd (128540) has net assets worth ₩110.87 Billion KRW (≈ $75.13 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 (₩171.62 Billion ≈ $116.31 Million USD) and total liabilities (₩60.76 Billion ≈ $41.17 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 128540 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩110.87 Billion |
| % of Total Assets | 64.6% |
| Annual Growth Rate | 15.99% |
| 5-Year Change | 95.73% |
| 10-Year Change | N/A |
| Growth Volatility | 36.44 |
Ecocab Co. Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Ecocab Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Ecocab Co. Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Ecocab Co. Ltd (2016–2024)
The table below shows the annual net assets of Ecocab Co. Ltd from 2016 to 2024. For live valuation and market cap data, see 128540 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩108.85 Billion ≈ $73.76 Million |
+21.02% |
| 2023-12-31 | ₩89.95 Billion ≈ $60.95 Million |
+1.55% |
| 2022-12-31 | ₩88.58 Billion ≈ $60.03 Million |
+81.08% |
| 2021-12-31 | ₩48.91 Billion ≈ $33.15 Million |
-12.04% |
| 2020-12-31 | ₩55.61 Billion ≈ $37.69 Million |
-16.15% |
| 2019-12-31 | ₩66.32 Billion ≈ $44.95 Million |
+1.66% |
| 2018-12-31 | ₩65.24 Billion ≈ $44.21 Million |
+81.24% |
| 2017-12-31 | ₩36.00 Billion ≈ $24.40 Million |
+8.38% |
| 2016-12-31 | ₩33.21 Billion ≈ $22.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ecocab 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 16.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩36.26 Billion | 33.31% |
| Common Stock | ₩2.67 Billion | 2.45% |
| Other Components | ₩69.92 Billion | 64.24% |
| Total Equity | ₩108.85 Billion | 100.00% |
Ecocab Co. Ltd Competitors by Market Cap
The table below lists competitors of Ecocab Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EON Resources Inc.
NYSE MKT:EONR
|
$34.74 Million |
|
Vardhman Polytex Limited
NSE:VARDMNPOLY
|
$34.74 Million |
|
HWA AG
F:H9W
|
$34.74 Million |
|
Rekah Pharmaceutical Industry Ltd
TA:REKA
|
$34.76 Million |
|
ATA IMS Bhd
KLSE:8176
|
$34.73 Million |
|
New Advanced Electronics Technologies Co Ltd
TWO:3465
|
$34.73 Million |
|
WINSON Machinery Co Ltd
TWO:4538
|
$34.73 Million |
|
RMB Holdings Ltd
JSE:RMH
|
$34.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ecocab Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 89,945,220,210 to 108,847,850,620, a change of 18,902,630,410 (21.0%).
- Net income of 20,304,775,570 contributed positively to equity growth.
- Other factors decreased equity by 1,402,145,160.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩20.30 Billion | +18.65% |
| Other Changes | ₩-1.40 Billion | -1.29% |
| Total Change | ₩- | 21.02% |
Book Value vs Market Value Analysis
This analysis compares Ecocab 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: 0.47x
- 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 0.67x to 0.47x 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 | ₩2953.13 | ₩1972.00 | x |
| 2017-12-31 | ₩3200.70 | ₩1972.00 | x |
| 2018-12-31 | ₩3483.72 | ₩1972.00 | x |
| 2019-12-31 | ₩3541.47 | ₩1972.00 | x |
| 2020-12-31 | ₩2969.36 | ₩1972.00 | x |
| 2021-12-31 | ₩2574.47 | ₩1972.00 | x |
| 2022-12-31 | ₩3407.86 | ₩1972.00 | x |
| 2023-12-31 | ₩3460.57 | ₩1972.00 | x |
| 2024-12-31 | ₩4187.84 | ₩1972.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ecocab 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): 18.65%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.66%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.76x
- Recent ROE (18.65%) is above the historical average (2.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 26.21% | 10.99% | 0.96x | 2.49x | ₩5.38 Billion |
| 2017 | 7.73% | 3.30% | 1.01x | 2.33x | ₩-817.23 Million |
| 2018 | 2.78% | 2.38% | 0.70x | 1.66x | ₩-4.71 Billion |
| 2019 | 1.59% | 1.57% | 0.56x | 1.81x | ₩-5.58 Billion |
| 2020 | -19.96% | -15.28% | 0.63x | 2.08x | ₩-16.66 Billion |
| 2021 | -17.50% | -10.03% | 0.75x | 2.34x | ₩-13.45 Billion |
| 2022 | -3.64% | -2.65% | 0.79x | 1.74x | ₩-12.08 Billion |
| 2023 | 2.31% | 1.53% | 0.86x | 1.76x | ₩-6.92 Billion |
| 2024 | 18.65% | 14.66% | 0.72x | 1.76x | ₩9.42 Billion |
Industry Comparison
This section compares Ecocab Co. Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $484,830,519,499
- Average return on equity (ROE) among peers: -23.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ecocab Co. Ltd (128540) | ₩110.87 Billion | 26.21% | 0.55x | $34.73 Million |
| Hankook Tire Worldwide (000240) | $1.56 Trillion | 10.58% | 1.11x | $1.62 Billion |
| Daewonkangup (000430) | $486.18 Billion | 6.48% | 1.40x | $183.19 Million |
| SG Choongbang Co Ltd (001380) | $124.57 Billion | -1.20% | 0.62x | $33.46 Million |
| Tae Won Mulsan (001420) | $32.46 Billion | 4.41% | 0.38x | $15.08 Million |
| Dongkook Ind (001620) | $180.71 Billion | 11.80% | 1.69x | $48.42 Million |
| PS Tec. Co. Ltd (002230) | $143.25 Billion | -0.22% | 0.15x | $116.75 Million |
| Nexen Tire (002350) | $565.04 Billion | 14.52% | 2.37x | $478.99 Million |
| Nexen Tire Prf 1 (002355) | $1.55 Trillion | -1.09% | 1.29x | $19.16 Million |
| Dayou A-Tech (002880) | $36.80 Billion | -279.17% | 8.13x | $30.87 Million |
| Yoo Sung Ent (002920) | $170.85 Billion | 3.47% | 0.31x | $32.92 Million |
About Ecocab Co. Ltd
ECOCAB Co.,Ltd manufactures and sells automotive cables in South Korea and internationally. The company offers wires and cables, including interior, heat resistant, type C flexible, twist, JASO, SAE, and other wires, as well as battery, AL, shield, high voltage, and special cables; and wiring harness products, such as head lamp and DRL, tail lamp and decklid, squib connector wiring harness for ai… Read more