Design Co. Ltd
Quantumon Co., Ltd. researches, develops, produces, and sells rechargeable batteries. The company offers mobility charging stations, mobile phone auxiliary batteries, mobile accessories, small home appliances, and household goods. It also operates BoT platform, a solution based on the battery pack development technology. The company was formerly known as H&B Design Co.,Ltd. and changed its name t… Read more
Design Co. Ltd (227100) - Net Assets
Latest net assets as of September 2024: ₩-43.33 Billion KRW
Based on the latest financial reports, Design Co. Ltd (227100) has net assets worth ₩-43.33 Billion KRW as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩85.95 Billion) and total liabilities (₩129.28 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 | ₩-43.33 Billion |
| % of Total Assets | -50.4% |
| Annual Growth Rate | 14.6% |
| 5-Year Change | 18.67% |
| 10-Year Change | N/A |
| Growth Volatility | 424.16 |
Design Co. Ltd - Net Assets Trend (2016–2023)
This chart illustrates how Design 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 Design Co. Ltd (2016–2023)
The table below shows the annual net assets of Design Co. Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ₩14.52 Billion | -63.51% |
| 2022-12-31 | ₩39.78 Billion | -12.71% |
| 2021-12-31 | ₩45.57 Billion | +1196.99% |
| 2020-12-31 | ₩3.51 Billion | -71.28% |
| 2019-12-31 | ₩12.23 Billion | -20.55% |
| 2018-12-31 | ₩15.40 Billion | +97.11% |
| 2017-12-31 | ₩7.81 Billion | +39.63% |
| 2016-12-31 | ₩5.59 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Design 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 1676.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩85.82 Billion | 591.17% |
| Total Equity | ₩14.52 Billion | 100.00% |
Design Co. Ltd Competitors by Market Cap
The table below lists competitors of Design Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vision Lithium Inc
OTCQB:ABEPF
|
$3.75 Million |
|
CA Sales Holdings Ltd.
JSE:CAA
|
$3.75 Million |
|
Hypha Labs, Inc.
PINK:FUNI
|
$3.75 Million |
|
Herbal Dispatch Inc.
F:HA9
|
$3.75 Million |
|
Hultström Group B
ST:HULT-B
|
$3.74 Million |
|
Midasco Capital Corp
V:MGC-H
|
$3.74 Million |
|
SOCAM DEVELOPMENT LTD HD1
F:HU8
|
$3.74 Million |
|
Ginting Jaya Energi
JK:WOWS
|
$3.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Design Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 39,784,250,150 to 14,516,831,210, a change of -25,267,418,940 (-63.5%).
- Net loss of 32,772,049,990 reduced equity.
- New share issuances of 6,999,998,330 increased equity.
- Other factors increased equity by 504,632,720.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-32.77 Billion | -225.75% |
| Share Issuances | ₩7.00 Billion | +48.22% |
| Other Changes | ₩504.63 Million | +3.48% |
| Total Change | ₩- | -63.51% |
Book Value vs Market Value Analysis
This analysis compares Design 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: 0.59x
- 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 0.24x to 0.59x 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 | ₩2545.36 | ₩612.00 | x |
| 2017-12-31 | ₩3554.01 | ₩612.00 | x |
| 2018-12-31 | ₩5138.93 | ₩612.00 | x |
| 2019-12-31 | ₩4082.75 | ₩612.00 | x |
| 2020-12-31 | ₩916.35 | ₩612.00 | x |
| 2021-12-31 | ₩4225.30 | ₩612.00 | x |
| 2022-12-31 | ₩3612.51 | ₩612.00 | x |
| 2023-12-31 | ₩1029.74 | ₩612.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Design 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): -225.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.98%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 9.31x
- Recent ROE (-225.75%) is below the historical average (-83.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 55.99% | 13.57% | 1.88x | 2.20x | ₩2.57 Billion |
| 2017 | 28.48% | 7.30% | 2.10x | 1.86x | ₩1.44 Billion |
| 2018 | 2.44% | 1.20% | 1.58x | 1.29x | ₩-1.16 Billion |
| 2019 | -27.44% | -15.40% | 0.88x | 2.02x | ₩-4.58 Billion |
| 2020 | -438.84% | -39.11% | 1.77x | 6.33x | ₩-15.77 Billion |
| 2021 | -42.52% | -146.43% | 0.20x | 1.43x | ₩-23.94 Billion |
| 2022 | -17.59% | -54.41% | 0.15x | 2.22x | ₩-10.97 Billion |
| 2023 | -225.75% | -17.98% | 1.35x | 9.31x | ₩-34.22 Billion |
Industry Comparison
This section compares Design Co. Ltd's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $4,417,578,235,567
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Design Co. Ltd (227100) | ₩-43.33 Billion | 55.99% | N/A | $3.74 Million |
| LG Corp (003550) | $14.68 Trillion | 4.37% | 2.16x | $6.04 Billion |
| Nam Sung (004270) | $107.39 Billion | 4.13% | 1.57x | $7.59 Million |
| Anam Electroni (008700) | $-3.29 Billion | 0.00% | 0.00x | $36.89 Million |
| LG Display (034220) | $10.24 Trillion | 2.28% | 1.39x | $2.51 Billion |
| Paseco Co. Ltd (037070) | $86.57 Billion | 16.37% | 0.33x | $25.34 Million |
| Winix Inc (044340) | $45.34 Billion | 4.36% | 0.85x | $24.40 Million |
| Intops Co. Ltd (049070) | $771.78 Billion | 2.79% | 0.17x | $114.33 Million |
| LG Electronics Inc (066570) | $5.23 Trillion | 11.99% | 3.60x | $10.04 Billion |
| Lg Electronics Pref (066575) | $12.99 Trillion | 3.07% | 1.85x | $4.55 Billion |
| E Investment & Development (093230) | $28.34 Billion | -48.93% | 0.37x | $3.43 Million |