Skin n Skin Co. Ltd
EcoGlow Co., Ltd. manufactures and distributes cosmetics and merchandise. It offers skin care products under the t-Timing brand; and beauty tea cafe under the a;t fox brand name. The company was formerly known as Skin n Skin Co., Ltd. and changed its name to EcoGlow Co., Ltd. in May 2025. EcoGlow Co., Ltd. was founded in 2006 and is headquartered in Paju-Si, South Korea.
Skin n Skin Co. Ltd (159910) - Net Assets
Latest net assets as of September 2025: ₩12.96 Billion KRW
Based on the latest financial reports, Skin n Skin Co. Ltd (159910) has net assets worth ₩12.96 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 (₩27.91 Billion) and total liabilities (₩14.95 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 | ₩12.96 Billion |
| % of Total Assets | 46.43% |
| Annual Growth Rate | -6.46% |
| 5-Year Change | 10.66% |
| 10-Year Change | N/A |
| Growth Volatility | 83.62 |
Skin n Skin Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Skin n Skin 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 Skin n Skin Co. Ltd (2014–2024)
The table below shows the annual net assets of Skin n Skin Co. Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩12.91 Billion | -28.37% |
| 2023-12-31 | ₩18.03 Billion | -34.35% |
| 2022-12-31 | ₩27.46 Billion | -27.01% |
| 2021-12-31 | ₩37.62 Billion | +222.44% |
| 2020-12-31 | ₩11.67 Billion | -69.38% |
| 2018-12-31 | ₩38.10 Billion | +61.59% |
| 2017-12-31 | ₩23.58 Billion | -35.39% |
| 2016-12-31 | ₩36.50 Billion | +54.33% |
| 2015-12-31 | ₩23.65 Billion | -6.09% |
| 2014-12-31 | ₩25.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Skin n Skin 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 4479.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩3.64 Billion | 28.20% |
| Other Components | ₩91.05 Billion | 705.12% |
| Total Equity | ₩12.91 Billion | 100.00% |
Skin n Skin Co. Ltd Competitors by Market Cap
The table below lists competitors of Skin n Skin Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kps AG
XETRA:KSC
|
$9.19 Million |
|
Stallion Discoveries Corp.
OTCQB:STLNF
|
$9.19 Million |
|
Dutaland Bhd
KLSE:3948
|
$9.20 Million |
|
ASIASOFT CORP.-NVDR-05
F:5ASA
|
$9.20 Million |
|
IGCL
NSE:IGCL
|
$9.19 Million |
|
XF9
F:XF9
|
$9.19 Million |
|
Inventus Mining Corp
OTCGREY:GNGXF
|
$9.18 Million |
|
20/20 Biolabs, Inc. Common Stock
NASDAQ:AIDX
|
$9.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Skin n Skin Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,027,212,640 to 12,912,141,630, a change of -5,115,071,010 (-28.4%).
- Net loss of 6,109,718,960 reduced equity.
- Share repurchases of 995,656,120 reduced equity.
- New share issuances of 998,718,120 increased equity.
- Other factors increased equity by 991,585,950.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-6.11 Billion | -47.32% |
| Share Repurchases | ₩995.66 Million | -7.71% |
| Share Issuances | ₩998.72 Million | +7.73% |
| Other Changes | ₩991.59 Million | +7.68% |
| Total Change | ₩- | -28.37% |
Book Value vs Market Value Analysis
This analysis compares Skin n Skin 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: 1.90x
- 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 7.95x to 1.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ₩85.31 | ₩678.00 | x |
| 2021-12-31 | ₩106.92 | ₩678.00 | x |
| 2022-12-31 | ₩78.04 | ₩678.00 | x |
| 2023-12-31 | ₩512.39 | ₩678.00 | x |
| 2024-12-31 | ₩356.91 | ₩678.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Skin n Skin 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): -47.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -42.07%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.85x
- Recent ROE (-47.32%) is above the historical average (-57.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -25.60% | -70.58% | 0.21x | 1.75x | ₩-8.96 Billion |
| 2015 | -63.88% | -76.48% | 0.32x | 2.63x | ₩-17.42 Billion |
| 2016 | -24.50% | -24.76% | 0.65x | 1.52x | ₩-13.37 Billion |
| 2017 | -56.82% | -61.36% | 0.51x | 1.81x | ₩-18.50 Billion |
| 2018 | -34.21% | -41.24% | 0.55x | 1.51x | ₩-16.88 Billion |
| 2020 | -238.70% | -105.71% | 1.44x | 1.57x | ₩-29.02 Billion |
| 2021 | 3.22% | 4.39% | 0.62x | 1.19x | ₩-2.55 Billion |
| 2022 | -36.58% | -75.74% | 0.38x | 1.29x | ₩-12.79 Billion |
| 2023 | -52.36% | -70.08% | 0.49x | 1.51x | ₩-11.24 Billion |
| 2024 | -47.32% | -42.07% | 0.61x | 1.85x | ₩-7.40 Billion |
Industry Comparison
This section compares Skin n Skin Co. Ltd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,255,204,097,239
- Average return on equity (ROE) among peers: 165.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skin n Skin Co. Ltd (159910) | ₩12.96 Billion | -25.60% | 1.15x | $9.19 Million |
| Amore Group (002790) | $4.89 Trillion | 5.33% | 0.26x | $733.67 Million |
| Amorepacific Group (002795) | $6.99 Trillion | 3.60% | 0.22x | $333.07 Million |
| Hankook Cosmetics Manufacturing Co Ltd (003350) | $25.45 Billion | -9.21% | 0.59x | $50.11 Million |
| Daelim Trading (006570) | $76.43 Billion | -16.61% | 1.09x | $3.62 Million |
| Monalisa (012690) | $54.46 Billion | 10.90% | 0.28x | $26.00 Million |
| Leaders Cosmetics Co. Ltd (016100) | $63.99 Billion | 24.29% | 0.52x | $13.95 Million |
| Aekyung Industrial Co Ltd (018250) | $333.04 Billion | 3.44% | 0.30x | $78.84 Million |
| Kolmar Holding (024720) | $48.25 Billion | 5.20% | 0.61x | $69.59 Million |
| Jayjun Co Ltd (025620) | $4.96 Billion | 1635.91% | 10.27x | $4.89 Million |
| Coreana Cosmetics Co.Ltd (027050) | $65.95 Billion | -8.68% | 0.74x | $33.77 Million |