Kodi-M Co Ltd
THE CODI Co.,LTD. manufactures and sells semiconductor and display equipment, exposure equipment, and bio-healthcare products. It develops therapeutic agents for various diseases, such as Zika/MERS, glaucoma, non-alcoholic fatty liver, and chronic kidney diseases, as well as immunotherapy to treat cancer and inflammatory diseases. THE CODI Co.,LTD. was formerly known as CODI-M Co., LTD. and chang… Read more
Kodi-M Co Ltd (224060) - Net Assets
Latest net assets as of September 2025: ₩20.64 Billion KRW
Based on the latest financial reports, Kodi-M Co Ltd (224060) has net assets worth ₩20.64 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 (₩83.07 Billion) and total liabilities (₩62.43 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 | ₩20.64 Billion |
| % of Total Assets | 24.84% |
| Annual Growth Rate | 15.57% |
| 5-Year Change | -43.46% |
| 10-Year Change | N/A |
| Growth Volatility | 80.63 |
Kodi-M Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Kodi-M 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 Kodi-M Co Ltd (2015–2024)
The table below shows the annual net assets of Kodi-M Co Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩45.19 Billion | +40.48% |
| 2023-12-31 | ₩32.17 Billion | -31.51% |
| 2022-12-31 | ₩46.97 Billion | -15.66% |
| 2021-12-31 | ₩55.69 Billion | -30.32% |
| 2020-12-31 | ₩79.93 Billion | +22.02% |
| 2019-12-31 | ₩65.51 Billion | +16.37% |
| 2018-12-31 | ₩56.29 Billion | +1.86% |
| 2017-12-31 | ₩55.27 Billion | +248.77% |
| 2016-12-31 | ₩15.85 Billion | +29.02% |
| 2015-12-31 | ₩12.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kodi-M 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 1119.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩2.58 Billion | 5.71% |
| Other Components | ₩90.14 Billion | 199.44% |
| Total Equity | ₩45.19 Billion | 100.00% |
Kodi-M Co Ltd Competitors by Market Cap
The table below lists competitors of Kodi-M Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SEDLM.SPATEN BR.BET
MU:SPB
|
$13.76 Million |
|
Shield Therapeutics plc
OTCQB:SHIEF
|
$13.76 Million |
|
ZOO Digital Group plc
PINK:ZDGGF
|
$13.76 Million |
|
Hotel Royal Chihpen
TWO:5704
|
$13.77 Million |
|
Trabzon Liman Isletmeciligi A.S.
IS:TLMAN
|
$13.75 Million |
|
MODISON LIMITED
NSE:MODISONLTD
|
$13.75 Million |
|
Thermal Energy International Inc
OTCQB:TMGEF
|
$13.75 Million |
|
Gobarto S.A.
WAR:GOB
|
$13.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kodi-M Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,931,394,970 to 45,194,311,100, a change of -1,737,083,870 (-3.7%).
- Net loss of 3,482,738,140 reduced equity.
- Share repurchases of 1,700,000,000 reduced equity.
- New share issuances of 1,700,000,000 increased equity.
- Other factors increased equity by 1,745,654,270.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-3.48 Billion | -7.71% |
| Share Repurchases | ₩1.70 Billion | -3.76% |
| Share Issuances | ₩1.70 Billion | +3.76% |
| Other Changes | ₩1.75 Billion | +3.86% |
| Total Change | ₩- | -3.70% |
Book Value vs Market Value Analysis
This analysis compares Kodi-M 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: 0.61x
- 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 increased from 0.23x to 0.61x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩23470.67 | ₩5350.00 | x |
| 2017-12-31 | ₩2250.32 | ₩5350.00 | x |
| 2018-12-31 | ₩1988.25 | ₩5350.00 | x |
| 2019-12-31 | ₩2241.29 | ₩5350.00 | x |
| 2020-12-31 | ₩1518.26 | ₩5350.00 | x |
| 2021-12-31 | ₩20343.86 | ₩5350.00 | x |
| 2022-12-31 | ₩14734.21 | ₩5350.00 | x |
| 2023-12-31 | ₩9940.73 | ₩5350.00 | x |
| 2024-12-31 | ₩8803.89 | ₩5350.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kodi-M 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): -7.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.39%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 2.08x
- Recent ROE (-7.71%) is above the historical average (-16.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 11.96% | 3.15% | 2.32x | 1.64x | ₩240.78 Million |
| 2016 | -34.17% | -12.23% | 0.65x | 4.30x | ₩-7.00 Billion |
| 2017 | -5.97% | -4.49% | 1.21x | 1.10x | ₩-8.83 Billion |
| 2018 | -21.51% | -33.10% | 0.39x | 1.67x | ₩-17.74 Billion |
| 2019 | 9.25% | 51.41% | 0.10x | 1.79x | ₩-492.06 Million |
| 2020 | -16.12% | -45.96% | 0.22x | 1.56x | ₩-20.88 Billion |
| 2021 | -48.68% | -59.77% | 0.37x | 2.20x | ₩-32.68 Billion |
| 2022 | -30.03% | -70.13% | 0.21x | 1.99x | ₩-18.80 Billion |
| 2023 | -17.00% | -39.46% | 0.20x | 2.12x | ₩-12.67 Billion |
| 2024 | -7.71% | -10.39% | 0.36x | 2.08x | ₩-8.00 Billion |
Industry Comparison
This section compares Kodi-M Co Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $117,407,846,986
- Average return on equity (ROE) among peers: 1.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kodi-M Co Ltd (224060) | ₩20.64 Billion | 11.96% | 3.03x | $13.75 Million |
| D I Corp (003160) | $107.48 Billion | 1.55% | 0.75x | $435.45 Million |
| Samick Thk (004380) | $97.62 Billion | 17.55% | 2.04x | $42.11 Million |
| PSMC CO. Ltd (024850) | $19.69 Billion | 3.04% | 0.85x | $196.26 Million |
| Mirae Corporation (025560) | $60.62 Billion | -22.53% | 0.39x | $27.50 Million |
| MK Electron Co. Ltd (033160) | $90.84 Billion | 8.51% | 2.05x | $135.41 Million |
| Signetics Corporation (033170) | $117.94 Billion | -13.08% | 0.30x | $27.27 Million |
| Nepes Corporation (033640) | $116.59 Billion | 0.00% | 2.39x | $191.67 Million |
| EO Technics Co. Ltd (039030) | $317.59 Billion | 6.02% | 0.29x | $2.32 Billion |
| STI Co. Ltd (039440) | $39.55 Billion | 13.20% | 0.93x | $230.89 Million |
| Hanmi Semicon (042700) | $206.17 Billion | 4.61% | 0.38x | $8.55 Billion |