Nobland International
Nobland International Inc. designs and exports knit and woven materials in South Korea and internationally. It also offers labels, buttons, and zippers. The company was founded in 1994 and is based in Seoul, South Korea.
Nobland International (145170) - Net Assets
Latest net assets as of March 2025: ₩158.81 Billion KRW
Based on the latest financial reports, Nobland International (145170) has net assets worth ₩158.81 Billion KRW as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩381.96 Billion) and total liabilities (₩223.15 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 | ₩158.81 Billion |
| % of Total Assets | 41.58% |
| Annual Growth Rate | 26.47% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 28.06 |
Nobland International - Net Assets Trend (2022–2024)
This chart illustrates how Nobland International's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nobland International (2022–2024)
The table below shows the annual net assets of Nobland International from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩154.23 Billion | +57.62% |
| 2023-12-31 | ₩97.85 Billion | +1.50% |
| 2022-12-31 | ₩96.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nobland International'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 decreased by 26.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩49.14 Billion | 31.86% |
| Common Stock | ₩8.58 Billion | 5.56% |
| Other Components | ₩96.51 Billion | 62.58% |
| Total Equity | ₩154.23 Billion | 100.00% |
Nobland International Competitors by Market Cap
The table below lists competitors of Nobland International ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Scienjoy Holding Corp
NASDAQ:SJ
|
$23.18 Million |
|
Ester Industries Limited
NSE:ESTER
|
$23.18 Million |
|
Mega Fortune Company Limited Ordinary Shares
NASDAQ:MGRT
|
$23.18 Million |
|
Maeil Holdings Co. Ltd
KQ:005990
|
$23.18 Million |
|
SeaBird Exploration Plc
OL:SBX
|
$23.16 Million |
|
Mr. Blue Corporation
KQ:207760
|
$23.15 Million |
|
Wilton Resources Inc
PINK:WLTNF
|
$23.15 Million |
|
Embrace Change Acquisition Corp.
NASDAQ:EMCGU
|
$23.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nobland International's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 97,851,708,230 to 154,232,023,270, a change of 56,380,315,040 (57.6%).
- Net loss of 16,973,328,240 reduced equity.
- Dividend payments of 150,360,470 reduced retained earnings.
- Share repurchases of 12,251,145,050 reduced equity.
- Other factors increased equity by 85,755,148,800.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-16.97 Billion | -11.01% |
| Dividends Paid | ₩150.36 Million | -0.1% |
| Share Repurchases | ₩12.25 Billion | -7.94% |
| Other Changes | ₩85.76 Billion | +55.6% |
| Total Change | ₩- | 57.62% |
Book Value vs Market Value Analysis
This analysis compares Nobland International'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: 0.41x
- 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 0.59x to 0.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩6509.92 | ₩3845.00 | x |
| 2023-12-31 | ₩6607.88 | ₩3845.00 | x |
| 2024-12-31 | ₩9396.73 | ₩3845.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nobland International 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): -11.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.11%
- • Asset Turnover: 1.39x
- • Equity Multiplier: 2.55x
- Recent ROE (-11.01%) is below the historical average (6.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 30.44% | 5.31% | 2.11x | 2.71x | ₩19.71 Billion |
| 2023 | 0.86% | 0.18% | 1.68x | 2.79x | ₩-8.94 Billion |
| 2024 | -11.01% | -3.11% | 1.39x | 2.55x | ₩-32.40 Billion |
Industry Comparison
This section compares Nobland International's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $209,700,898,505
- Average return on equity (ROE) among peers: 7.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nobland International (145170) | ₩158.81 Billion | 30.44% | 1.41x | $23.16 Million |
| BYC Co Ltd (001465) | $378.12 Billion | 3.49% | 0.83x | $50.34 Million |
| Vivien Corp (002070) | $138.99 Billion | 0.12% | 0.40x | $10.53 Million |
| Kuk Dong (005320) | $28.64 Billion | 31.07% | 2.12x | $15.40 Million |
| Shinsung Tngsn (005390) | $230.85 Billion | 2.26% | 1.99x | $10.03 Million |
| Shinyoung Waco (005800) | $251.88 Billion | 6.83% | 0.12x | $26.78 Million |
| F&F Holdings Co. Ltd (007700) | $189.53 Billion | 7.38% | 0.70x | $40.03 Million |
| Pan-Pacific (007980) | $241.92 Billion | 9.16% | 2.11x | $38.87 Million |
| Willbes (008600) | $126.89 Billion | 2.17% | 0.93x | $13.89 Million |
| Shinwon (009270) | $213.79 Billion | 2.77% | 1.55x | $51.58 Million |
| Youngone Holdi (009970) | $296.42 Billion | 11.43% | 0.61x | $813.72 Million |