Assems Inc.
Assems Inc. develops and sells adhesives in South Korea. The company provides hot-melt films. It also offers coated yarns and hotmelt textile products; and hot-melt laminating machines, U-WEB, an air-permeable lamination sheet; non-detachment film; release film; compound raw materials; fabric for car sunroofs; adhesive functional coating yarn; and lamination machines and consumables. The company'… Read more
Assems Inc. (136410) - Net Assets
Latest net assets as of September 2025: ₩72.88 Billion KRW
Based on the latest financial reports, Assems Inc. (136410) has net assets worth ₩72.88 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 (₩114.14 Billion) and total liabilities (₩41.25 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 | ₩72.88 Billion |
| % of Total Assets | 63.85% |
| Annual Growth Rate | 29.83% |
| 5-Year Change | 132.54% |
| 10-Year Change | N/A |
| Growth Volatility | 22.1 |
Assems Inc. - Net Assets Trend (2018–2024)
This chart illustrates how Assems Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Assems Inc. (2018–2024)
The table below shows the annual net assets of Assems Inc. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩64.45 Billion | +5.17% |
| 2023-12-31 | ₩61.29 Billion | +7.38% |
| 2022-12-31 | ₩57.08 Billion | +61.65% |
| 2021-12-31 | ₩35.31 Billion | +27.39% |
| 2020-12-31 | ₩27.72 Billion | +58.49% |
| 2019-12-31 | ₩17.49 Billion | +30.00% |
| 2018-12-31 | ₩13.45 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Assems Inc.'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 298.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩34.39 Billion | 53.35% |
| Common Stock | ₩5.51 Billion | 8.55% |
| Other Components | ₩24.56 Billion | 38.10% |
| Total Equity | ₩64.45 Billion | 100.00% |
Assems Inc. Competitors by Market Cap
The table below lists competitors of Assems Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Affluent Partners Holdings Limited
OTCGREY:MNNGF
|
$27.89 Million |
|
BALSU GIDA
IS:BALSU
|
$27.89 Million |
|
Altech Batteries Limited
PINK:ALTHF
|
$27.89 Million |
|
Aurora Eiendom A.S.
OL:AURA
|
$27.90 Million |
|
Sree Rayalaseema Hi-Strength Hypo Limited
NSE:SRHHYPOLTD
|
$27.86 Million |
|
Vranken-Pommery Monopole S.A.
LSE:0J7D
|
$27.86 Million |
|
Sinsin Pharmaceutical Co. Ltd
KQ:002800
|
$27.85 Million |
|
ESS Tech Inc
NYSE:GWH
|
$27.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Assems Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 59,282,385,140 to 64,454,798,160, a change of 5,172,413,020 (8.7%).
- Net income of 6,020,622,980 contributed positively to equity growth.
- Share repurchases of 3,030,735,650 reduced equity.
- Other factors increased equity by 2,182,525,690.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.02 Billion | +9.34% |
| Share Repurchases | ₩3.03 Billion | -4.7% |
| Other Changes | ₩2.18 Billion | +3.39% |
| Total Change | ₩- | 8.73% |
Book Value vs Market Value Analysis
This analysis compares Assems Inc.'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: 1.28x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.39x to 1.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ₩1220.91 | ₩7800.00 | x |
| 2019-12-31 | ₩1587.14 | ₩7800.00 | x |
| 2020-12-31 | ₩2515.45 | ₩7800.00 | x |
| 2021-12-31 | ₩3941.15 | ₩7800.00 | x |
| 2022-12-31 | ₩5213.24 | ₩7800.00 | x |
| 2023-12-31 | ₩5414.69 | ₩7800.00 | x |
| 2024-12-31 | ₩6092.32 | ₩7800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Assems Inc. 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): 9.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.53%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.66x
- Recent ROE (9.34%) is below the historical average (11.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 10.86% | 5.42% | 0.53x | 3.78x | ₩115.27 Million |
| 2019 | 22.24% | 11.40% | 0.60x | 3.24x | ₩2.14 Billion |
| 2020 | 2.74% | 2.23% | 0.59x | 2.09x | ₩-2.01 Billion |
| 2021 | 15.15% | 12.73% | 0.56x | 2.14x | ₩1.82 Billion |
| 2022 | 12.41% | 13.35% | 0.53x | 1.74x | ₩1.38 Billion |
| 2023 | 5.27% | 6.54% | 0.47x | 1.70x | ₩-2.81 Billion |
| 2024 | 9.34% | 10.53% | 0.54x | 1.66x | ₩-424.86 Million |
Industry Comparison
This section compares Assems Inc.'s net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $617,125,226,158
- Average return on equity (ROE) among peers: 5.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Assems Inc. (136410) | ₩72.88 Billion | 10.86% | 0.57x | $27.87 Million |
| DL Holdings Co Ltd Preferred (000215) | $3.21 Trillion | 15.72% | 3.33x | $193.92 Million |
| Norooholdings (000320) | $521.37 Billion | 12.36% | 0.89x | $46.00 Million |
| Noroo Holdings Co Ltd (000325) | $439.84 Billion | 5.41% | 1.05x | $58.89 Million |
| Samhwa Paint (000390) | $108.86 Billion | 6.52% | 0.78x | $85.77 Million |
| Kangnam Jevisco Co Ltd (000860) | $661.93 Billion | 6.82% | 0.37x | $59.33 Million |
| Paik Kwang Ind (001340) | $177.23 Billion | 5.72% | 0.82x | $113.95 Million |
| Bo Lak (002760) | $43.22 Billion | 2.87% | 0.20x | $30.07 Million |
| Songwon Industrial (004430) | $354.19 Billion | 12.21% | 1.34x | $82.13 Million |
| Cho Kwang Pain (004910) | $174.51 Billion | -13.98% | 0.99x | $18.16 Million |
| Cosmoam&T (005070) | $478.78 Billion | 5.65% | 0.40x | $319.82 Million |