Green Plus Co. Ltd (186230) - Net Assets
Based on the latest financial reports, Green Plus Co. Ltd (186230) has net assets worth ₩47.75 Billion KRW (≈ $32.36 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩106.61 Billion ≈ $72.25 Million USD) and total liabilities (₩58.86 Billion ≈ $39.89 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 Green Plus Co. Ltd (186230) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩47.75 Billion |
| % of Total Assets | 44.79% |
| Annual Growth Rate | 9.59% |
| 5-Year Change | 38.84% |
| 10-Year Change | N/A |
| Growth Volatility | 43.75 |
Green Plus Co. Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Green Plus Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 186230 total assets for the complete picture of this company's asset base.
Annual Net Assets for Green Plus Co. Ltd (2016–2024)
The table below shows the annual net assets of Green Plus Co. Ltd from 2016 to 2024. For live valuation and market cap data, see market cap of Green Plus Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩46.22 Billion ≈ $31.32 Million |
+0.26% |
| 2023-12-31 | ₩46.10 Billion ≈ $31.24 Million |
-23.83% |
| 2022-12-31 | ₩60.52 Billion ≈ $41.02 Million |
+0.23% |
| 2021-12-31 | ₩60.39 Billion ≈ $40.92 Million |
+81.40% |
| 2020-12-31 | ₩33.29 Billion ≈ $22.56 Million |
-8.79% |
| 2019-12-31 | ₩36.50 Billion ≈ $24.73 Million |
+57.72% |
| 2018-12-31 | ₩23.14 Billion ≈ $15.68 Million |
+74.68% |
| 2017-12-31 | ₩13.25 Billion ≈ $8.98 Million |
-40.39% |
| 2016-12-31 | ₩22.22 Billion ≈ $15.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Green Plus 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 235.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩56.35 Billion | 120.18% |
| Total Equity | ₩46.88 Billion | 100.00% |
Green Plus Co. Ltd Competitors by Market Cap
The table below lists competitors of Green Plus Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korea SPAC 2
KQ:206400
|
$32.99 Million |
|
DongKoo Bio&Pharma Co. Ltd
KQ:006620
|
$33.00 Million |
|
Etrend Hightech
TWO:3567
|
$33.00 Million |
|
Big 5 Sporting Goods Corporation
NASDAQ:BGFV
|
$33.00 Million |
|
Next Entertainment World Co. Ltd
KQ:160550
|
$32.98 Million |
|
nTels Co. Ltd
KQ:069410
|
$32.98 Million |
|
MST GOLF GROUP BERHAD
KLSE:5316
|
$32.97 Million |
|
Source Rock Royalties Ltd
V:SRR
|
$32.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Green Plus Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,395,237,680 to 46,884,564,320, a change of 489,326,640 (1.1%).
- Net income of 777,751,390 contributed positively to equity growth.
- Share repurchases of 153,055,000 reduced equity.
- New share issuances of 153,055,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩777.75 Million | +1.66% |
| Share Repurchases | ₩153.06 Million | -0.33% |
| Share Issuances | ₩153.06 Million | +0.33% |
| Other Changes | ₩-288.42 Million | -0.62% |
| Total Change | ₩- | 1.05% |
Book Value vs Market Value Analysis
This analysis compares Green Plus 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: 1.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩4304.85 | ₩4490.00 | x |
| 2017-12-31 | ₩2566.26 | ₩4490.00 | x |
| 2018-12-31 | ₩4111.29 | ₩4490.00 | x |
| 2019-12-31 | ₩3783.04 | ₩4490.00 | x |
| 2020-12-31 | ₩3493.96 | ₩4490.00 | x |
| 2021-12-31 | ₩5622.44 | ₩4490.00 | x |
| 2022-12-31 | ₩5635.31 | ₩4490.00 | x |
| 2023-12-31 | ₩4319.78 | ₩4490.00 | x |
| 2024-12-31 | ₩4365.34 | ₩4490.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Green Plus 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): 1.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.89%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 2.16x
- Recent ROE (1.66%) is above the historical average (-1.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 6.31% | 3.66% | 1.00x | 1.73x | ₩-819.08 Million |
| 2017 | 12.60% | 3.81% | 0.80x | 4.13x | ₩344.60 Million |
| 2018 | 9.49% | 4.74% | 0.73x | 2.75x | ₩-117.97 Million |
| 2019 | 6.84% | 5.11% | 0.68x | 1.98x | ₩-1.15 Billion |
| 2020 | -5.80% | -3.08% | 0.70x | 2.68x | ₩-5.26 Billion |
| 2021 | -6.70% | -4.86% | 0.82x | 1.68x | ₩-10.08 Billion |
| 2022 | -4.45% | -3.25% | 0.78x | 1.75x | ₩-8.75 Billion |
| 2023 | -30.23% | -23.82% | 0.61x | 2.10x | ₩-18.67 Billion |
| 2024 | 1.66% | 0.89% | 0.87x | 2.16x | ₩-3.91 Billion |
Industry Comparison
This section compares Green Plus Co. Ltd's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $174,066,788,568
- Average return on equity (ROE) among peers: 1.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Green Plus Co. Ltd (186230) | ₩47.75 Billion | 6.31% | 1.23x | $32.98 Million |
| Aluko Co Ltd (001780) | $358.84 Billion | 5.16% | 1.40x | $203.42 Million |
| Sam-A Aluminiu (006110) | $109.34 Billion | 0.34% | 0.74x | $666.00 Million |
| Sammok S-Form Co.Ltd (018310) | $289.19 Billion | 13.08% | 0.21x | $182.27 Million |
| Choil Aluminum (018470) | $195.13 Billion | -0.94% | 0.71x | $151.90 Million |
| Daeho Al Co. Ltd. (069460) | $22.23 Billion | -9.95% | 2.91x | $31.35 Million |
| PJ Metal Co. Ltd (128660) | $69.67 Billion | 4.05% | 0.88x | $62.45 Million |
About Green Plus Co. Ltd
Green Plus Co., Ltd. engages in the manufacturing, extruding, and processing of aluminum products in South Korea and internationally. It offers aluminum products for electricity and electronics, construction and industrial, automotive defense, and various square lumbers, sewing materials, and pipes. The company is also involved in gutter, aluminum pallet, light emitting diode, and solar energy bu… Read more