Yulchon Co., Ltd
Yulchon Co., Ltd. manufactures and sells cold drawing precision steel tubes in South Korea and internationally. The company offers bushing products; steering-columns; cylinder and outer tubes for automobile shock absorbers, gas springs, and oil jacks; cylinder tubes for automobile knuckles and clutch masters, and power steering applications; automobile propeller and drive shaft pipes; valve rocke… Read more
Yulchon Co., Ltd (146060) - Net Assets
Latest net assets as of March 2025: ₩49.89 Billion KRW
Based on the latest financial reports, Yulchon Co., Ltd (146060) has net assets worth ₩49.89 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 (₩103.12 Billion) and total liabilities (₩53.23 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 | ₩49.89 Billion |
| % of Total Assets | 48.38% |
| Annual Growth Rate | 48.22% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 46.53 |
Yulchon Co., Ltd - Net Assets Trend (2022–2024)
This chart illustrates how Yulchon 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 Yulchon Co., Ltd (2022–2024)
The table below shows the annual net assets of Yulchon Co., Ltd from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩47.56 Billion | +8.86% |
| 2023-12-31 | ₩43.68 Billion | +101.93% |
| 2022-12-31 | ₩21.63 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yulchon 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 decreased by 75.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩5.25 Billion | 11.03% |
| Common Stock | ₩2.40 Billion | 5.05% |
| Other Components | ₩39.91 Billion | 83.92% |
| Total Equity | ₩47.56 Billion | 100.00% |
Yulchon Co., Ltd Competitors by Market Cap
The table below lists competitors of Yulchon Co., Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qmines Ltd
AU:QML
|
$12.07 Million |
|
Pointerra Ltd
AU:3DP
|
$12.07 Million |
|
Bridgford Foods Corporation
NASDAQ:BRID
|
$12.07 Million |
|
Sergeferrari G
PA:SEFER
|
$12.07 Million |
|
Spencer's Retail Limited
NSE:SPENCERS
|
$12.06 Million |
|
Micropac Industries Inc
PINK:MPAD
|
$12.06 Million |
|
Hydrogene De France SA
PA:HDF
|
$12.06 Million |
|
Arvee Laboratories (India) Limited
NSE:ARVEE
|
$12.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yulchon Co., Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 43,684,513,450 to 47,555,208,090, a change of 3,870,694,640 (8.9%).
- Net income of 2,388,576,180 contributed positively to equity growth.
- Other factors increased equity by 1,482,118,460.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.39 Billion | +5.02% |
| Other Changes | ₩1.48 Billion | +3.12% |
| Total Change | ₩- | 8.86% |
Book Value vs Market Value Analysis
This analysis compares Yulchon 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: 0.81x
- 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 1.38x to 0.81x 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 | ₩1161.61 | ₩1604.00 | x |
| 2023-12-31 | ₩2020.35 | ₩1604.00 | x |
| 2024-12-31 | ₩1980.32 | ₩1604.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yulchon 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): 5.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.06%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.97x
- Recent ROE (5.02%) is above the historical average (-7.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 13.64% | 3.89% | 1.02x | 3.43x | ₩787.44 Million |
| 2023 | -41.45% | -24.94% | 0.80x | 2.09x | ₩-22.47 Billion |
| 2024 | 5.02% | 3.06% | 0.83x | 1.97x | ₩-2.37 Billion |
Industry Comparison
This section compares Yulchon Co., Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $2,587,899,105,278
- Average return on equity (ROE) among peers: 3.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yulchon Co., Ltd (146060) | ₩49.89 Billion | 13.64% | 1.07x | $12.07 Million |
| Korea Cast Pip (000970) | $355.99 Billion | 3.83% | 0.21x | $55.50 Million |
| Manho Rope&Wir (001080) | $230.12 Billion | 1.16% | 0.10x | $6.41 Million |
| Dongkuk Steel Mill Co Ltd (001230) | $3.29 Trillion | 12.57% | 0.96x | $75.78 Million |
| SeAH Bestee (001430) | $2.03 Trillion | 1.00% | 0.88x | $632.42 Million |
| Kisco Holdings (001940) | $1.28 Trillion | 1.98% | 0.21x | $79.26 Million |
| Hanil Iron & S (002220) | $132.60 Billion | 0.00% | 0.47x | $27.29 Million |
| Kis Wire (002240) | $1.26 Trillion | 3.37% | 0.44x | $134.30 Million |
| Dong Il Steel MFG Co Ltd (002690) | $128.43 Billion | 5.12% | 0.13x | $7.07 Million |
| Tcc Steel (002710) | $140.22 Billion | 0.68% | 1.08x | $166.70 Million |
| Hyundai Steel (004020) | $17.04 Trillion | 4.20% | 0.96x | $2.13 Billion |