Skin n Skin Co. Ltd (159910) - Net Assets
Based on the latest financial reports, Skin n Skin Co. Ltd (159910) has net assets worth ₩19.70 Billion KRW (≈ $13.35 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩36.77 Billion ≈ $24.92 Million USD) and total liabilities (₩17.07 Billion ≈ $11.57 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 Skin n Skin Co. Ltd (159910) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩19.70 Billion |
| % of Total Assets | 53.58% |
| Annual Growth Rate | -2.21% |
| 5-Year Change | -47.63% |
| 10-Year Change | -16.69% |
| Growth Volatility | 80.12 |
Skin n Skin Co. Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Skin n Skin Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 159910 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Skin n Skin Co. Ltd (2014–2025)
The table below shows the annual net assets of Skin n Skin Co. Ltd from 2014 to 2025. For live valuation and market cap data, see 159910 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩19.70 Billion ≈ $13.35 Million |
+52.59% |
| 2024-12-31 | ₩12.91 Billion ≈ $8.75 Million |
-28.37% |
| 2023-12-31 | ₩18.03 Billion ≈ $12.22 Million |
-34.35% |
| 2022-12-31 | ₩27.46 Billion ≈ $18.61 Million |
-27.01% |
| 2021-12-31 | ₩37.62 Billion ≈ $25.50 Million |
+222.44% |
| 2020-12-31 | ₩11.67 Billion ≈ $7.91 Million |
-69.38% |
| 2018-12-31 | ₩38.10 Billion ≈ $25.82 Million |
+61.59% |
| 2017-12-31 | ₩23.58 Billion ≈ $15.98 Million |
-35.39% |
| 2016-12-31 | ₩36.50 Billion ≈ $24.73 Million |
+54.33% |
| 2015-12-31 | ₩23.65 Billion ≈ $16.03 Million |
-6.09% |
| 2014-12-31 | ₩25.18 Billion ≈ $17.07 Million |
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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 4783.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩107.15 Billion | 543.86% |
| Total Equity | ₩19.70 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 |
|---|---|
|
Microlink Solutions Bhd
KLSE:0126
|
$28.27 Million |
|
SKY E&M Co. Ltd
KQ:131100
|
$28.27 Million |
|
IFS Capital (Thailand) Public Company Limited
BK:IFS
|
$28.30 Million |
|
Kuobrothers
TWO:8477
|
$28.30 Million |
|
Hyungji Elite
KO:093240
|
$28.24 Million |
|
Utron Ltd
TA:UTRN
|
$28.22 Million |
|
Communication & System Solution Public Company Limited
BK:CSS
|
$28.22 Million |
|
Qinetiq Group PLC
LSE:QQ
|
$28.21 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 2024 to 2025, total equity changed from 12,912,141,630 to 19,702,522,300, a change of 6,790,380,670 (52.6%).
- Net loss of 5,676,066,320 reduced equity.
- New share issuances of 10,981,908,230 increased equity.
- Other factors increased equity by 1,484,538,760.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-5.68 Billion | -28.81% |
| Share Issuances | ₩10.98 Billion | +55.74% |
| Other Changes | ₩1.48 Billion | +7.53% |
| Total Change | ₩- | 52.59% |
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: 2.12x
- 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 9.38x to 2.12x 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 | ₩800.00 | x |
| 2021-12-31 | ₩106.92 | ₩800.00 | x |
| 2022-12-31 | ₩78.04 | ₩800.00 | x |
| 2023-12-31 | ₩512.39 | ₩800.00 | x |
| 2024-12-31 | ₩356.91 | ₩800.00 | x |
| 2025-12-31 | ₩378.15 | ₩800.00 | 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): -28.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -57.19%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.87x
- Recent ROE (-28.81%) is above the historical average (-55.05%), 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 |
| 2025 | -28.81% | -57.19% | 0.27x | 1.87x | ₩-7.65 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: $810,166,954,580
- Average return on equity (ROE) among peers: -4.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skin n Skin Co. Ltd (159910) | ₩19.70 Billion | -25.60% | 0.87x | $28.25 Million |
| Amore Group (002790) | $1.02 Trillion | 15.50% | 0.44x | $1.48 Billion |
| Amorepacific Group (002795) | $6.27 Trillion | 0.17% | 0.24x | $111.03 Million |
| Hankook Cosmetics Manufacturing Co Ltd (003350) | $52.62 Billion | 13.84% | 0.69x | $24.79 Million |
| Daelim Trading (006570) | $91.72 Billion | -12.70% | 0.96x | $20.62 Million |
| Monalisa (012690) | $65.12 Billion | 3.73% | 0.18x | $59.34 Million |
| Leaders Cosmetics Co. Ltd (016100) | $76.38 Billion | -11.19% | 1.15x | $22.93 Million |
| Aekyung Industrial Co Ltd (018250) | $333.04 Billion | 3.44% | 0.30x | $253.02 Million |
| Kolmar Holding (024720) | $44.23 Billion | 4.86% | 0.74x | $228.24 Million |
| Jayjun Co Ltd (025620) | $60.14 Billion | -64.13% | 0.33x | $46.04 Million |
| Coreana Cosmetics Co.Ltd (027050) | $83.56 Billion | 3.98% | 0.36x | $43.51 Million |
About 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.