Cheil Electric Wiring Devices Co. Ltd.
Cheil Electric Co., Ltd. manufactures and sells electrical wiring equipment and related products in South Korea and internationally. It offers IOT and smart wiring appliances, smart home panel boards, circuit breakers, magnetic switches, wiring appliances, home panel boards, and other related products. The company sells its products to construction companies. Cheil Electric Co., Ltd. was founded … Read more
Cheil Electric Wiring Devices Co. Ltd. (199820) - Net Assets
Latest net assets as of September 2025: ₩160.48 Billion KRW
Based on the latest financial reports, Cheil Electric Wiring Devices Co. Ltd. (199820) has net assets worth ₩160.48 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 (₩234.51 Billion) and total liabilities (₩74.03 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 | ₩160.48 Billion |
| % of Total Assets | 68.43% |
| Annual Growth Rate | 21.79% |
| 5-Year Change | 47.82% |
| 10-Year Change | N/A |
| Growth Volatility | 18.75 |
Cheil Electric Wiring Devices Co. Ltd. - Net Assets Trend (2017–2024)
This chart illustrates how Cheil Electric Wiring Devices 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 Cheil Electric Wiring Devices Co. Ltd. (2017–2024)
The table below shows the annual net assets of Cheil Electric Wiring Devices Co. Ltd. from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩152.46 Billion | +21.10% |
| 2023-12-31 | ₩125.90 Billion | +4.82% |
| 2022-12-31 | ₩120.11 Billion | +3.50% |
| 2021-12-31 | ₩116.05 Billion | +12.52% |
| 2020-12-31 | ₩103.14 Billion | +62.36% |
| 2019-12-31 | ₩63.53 Billion | +25.55% |
| 2018-12-31 | ₩50.60 Billion | +31.93% |
| 2017-12-31 | ₩38.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cheil Electric Wiring Devices 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 grown by 208.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩103.33 Billion | 67.77% |
| Common Stock | ₩11.11 Billion | 7.29% |
| Other Components | ₩38.02 Billion | 24.94% |
| Total Equity | ₩152.46 Billion | 100.00% |
Cheil Electric Wiring Devices Co. Ltd. Competitors by Market Cap
The table below lists competitors of Cheil Electric Wiring Devices Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Agabang&Company
KQ:013990
|
$64.24 Million |
|
Asetek A/S
F:A31
|
$64.26 Million |
|
MOLECULAR PARTNERS ADS/1
F:6ML0
|
$64.27 Million |
|
Vindhya Telelinks Limited
NSE:VINDHYATEL
|
$64.27 Million |
|
O3 Mining Inc
OTCQX:OIIIF
|
$64.22 Million |
|
Creditwest Faktoring AS
IS:CRDFA
|
$64.19 Million |
|
Hazer Group Limited
PINK:HZRGF
|
$64.17 Million |
|
ViGenCell Inc.
KQ:308080
|
$64.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cheil Electric Wiring Devices Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 125,900,340,570 to 152,464,236,570, a change of 26,563,896,000 (21.1%).
- Net income of 10,320,144,970 contributed positively to equity growth.
- Dividend payments of 2,222,000,000 reduced retained earnings.
- New share issuances of 1,000,000,000 increased equity.
- Other factors increased equity by 17,465,751,030.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩10.32 Billion | +6.77% |
| Dividends Paid | ₩2.22 Billion | -1.46% |
| Share Issuances | ₩1.00 Billion | +0.66% |
| Other Changes | ₩17.47 Billion | +11.46% |
| Total Change | ₩- | 21.10% |
Book Value vs Market Value Analysis
This analysis compares Cheil Electric Wiring Devices 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: 1.56x
- 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 2.68x to 1.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩3995.11 | ₩10720.00 | x |
| 2018-12-31 | ₩5270.86 | ₩10720.00 | x |
| 2019-12-31 | ₩6617.37 | ₩10720.00 | x |
| 2020-12-31 | ₩9283.92 | ₩10720.00 | x |
| 2021-12-31 | ₩10445.80 | ₩10720.00 | x |
| 2022-12-31 | ₩10811.26 | ₩10720.00 | x |
| 2023-12-31 | ₩5666.08 | ₩10720.00 | x |
| 2024-12-31 | ₩6861.58 | ₩10720.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cheil Electric Wiring Devices 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): 6.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.54%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.44x
- Recent ROE (6.77%) is below the historical average (16.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 39.76% | 12.38% | 1.37x | 2.34x | ₩11.42 Billion |
| 2018 | 24.20% | 9.55% | 1.39x | 1.83x | ₩7.19 Billion |
| 2019 | 22.24% | 9.67% | 1.44x | 1.60x | ₩7.77 Billion |
| 2020 | 13.95% | 9.51% | 1.14x | 1.29x | ₩4.08 Billion |
| 2021 | 11.12% | 8.77% | 0.97x | 1.30x | ₩1.30 Billion |
| 2022 | 6.16% | 5.59% | 0.78x | 1.41x | ₩-4.62 Billion |
| 2023 | 6.36% | 5.56% | 0.86x | 1.34x | ₩-4.58 Billion |
| 2024 | 6.77% | 5.54% | 0.85x | 1.44x | ₩-4.93 Billion |
Industry Comparison
This section compares Cheil Electric Wiring Devices Co. Ltd.'s net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,169,826,858,518
- Average return on equity (ROE) among peers: 4.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cheil Electric Wiring Devices Co. Ltd. (199820) | ₩160.48 Billion | 39.76% | 0.46x | $64.23 Million |
| Kumho Electric (001210) | $302.39 Billion | 8.90% | 0.83x | $23.46 Million |
| Taihan Electric Wire Co Ltd (001440) | $321.92 Billion | -0.92% | 2.64x | $2.17 Billion |
| Posco Chemical Co Ltd (003670) | $3.32 Trillion | -6.39% | 1.39x | $4.87 Billion |
| Sebang Global Battery Co Ltd (004490) | $1.34 Trillion | 8.71% | 0.37x | $222.68 Million |
| LS Corp (006260) | $3.01 Trillion | 4.09% | 2.33x | $3.06 Billion |
| Daewon Cable (006340) | $42.00 Billion | 0.90% | 1.45x | $196.28 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $113.85 Billion | 5.97% | 0.99x | $70.84 Million |
| Samsung SDI (006400) | $7.54 Trillion | 1.70% | 0.40x | $16.12 Billion |
| Samsung Sdi Co Pref (006405) | $15.20 Trillion | 7.70% | 0.70x | $7.85 Billion |
| LS Electric (010120) | $509.15 Billion | 18.56% | 1.33x | $7.89 Billion |