NDFOS Co. Ltd Net Assets

Latest as of September 2025: ₩96.69 Billion KRW ≈ $65.52 Million USD

NDFOS Co. Ltd net assets. Based on the latest financial reports, NDFOS Co. Ltd (238090) has net assets worth ₩96.69 Billion KRW (≈ $65.52 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 (₩111.51 Billion ≈ $75.57 Million USD) and total liabilities (₩14.82 Billion ≈ $10.04 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. Also explore how fast is NDFOS Co. Ltd growing its equity to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩96.69 Billion
% of Total Assets	86.71%
Annual Growth Rate	22.94%
5-Year Change	-32.3%
10-Year Change	268.72%
Growth Volatility	74.07

Net Assets of NDFOS Co. Ltd (2014–2024)

Net assets of NDFOS Co. Ltd from 2014 to 2024. This chart illustrates how NDFOS Co. Ltd's net assets have evolved over time, based on quarterly financial data. See how leveraged is NDFOS Co. Ltd's balance sheet to measure how much of total assets are equity-financed.

Annual Net Assets for NDFOS Co. Ltd (2014–2024)

The table below shows the annual net assets of NDFOS Co. Ltd from 2014 to 2024. For live market cap and overall valuation, see 238090 market cap.

Year	Net Assets	Change
2024-12-31	₩90.18 Billion ≈ $61.11 Million	-27.55%
2023-12-31	₩124.46 Billion ≈ $84.35 Million	-10.11%
2022-12-31	₩138.46 Billion ≈ $93.83 Million	-14.63%
2021-12-31	₩162.19 Billion ≈ $109.91 Million	+21.77%
2020-12-31	₩133.19 Billion ≈ $90.26 Million	+19.75%
2019-12-31	₩111.22 Billion ≈ $75.37 Million	+31.50%
2018-12-31	₩84.58 Billion ≈ $57.32 Million	+5.05%
2017-12-31	₩80.52 Billion ≈ $54.56 Million	+0.02%
2016-12-31	₩80.50 Billion ≈ $54.56 Million	+229.17%
2015-12-31	₩24.46 Billion ≈ $16.57 Million	+114.04%
2014-12-31	₩11.43 Billion ≈ $7.74 Million	--

Equity Component Analysis

This analysis shows how different components contribute to NDFOS 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 587.0% over the analyzed period, potentially due to dividend distributions or operating losses.

NDFOS Co. Ltd Net Assets Breakdown (December 2024)

NDFOS Co. Ltd net assets breakdown by equity component as of December 2024.

Component	Amount	Percentage
Common Stock	₩12.21 Billion	13.54%
Other Components	₩104.40 Billion	115.77%
Total Equity	₩90.18 Billion	100.00%

NDFOS Co. Ltd Competitors by Market Cap

The table below lists competitors of NDFOS Co. Ltd ranked by their market capitalization.

Company	Market Cap
Galaxia SM Inc KO:011420	$21.66 Million
Naos Emerging Opportunities Company Ltd AU:NCC	$21.67 Million
Maheshwari Logistics Limited NSE:MAHESHWARI	$21.67 Million
Country Club Hospitality & Holidays Limited NSE:CCHHL	$21.67 Million
Lung Hwa Electronics Co Ltd TW:2424	$21.65 Million
The Union Mosaic Industry Public Company Limited BK:UMI	$21.64 Million
Niche Capital Emas Holdings KLSE:7139	$21.64 Million
HG Capital Trust PLC LSE:HGT	$21.63 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in NDFOS Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 124,462,750,910 to 90,175,178,460, a change of -34,287,572,450 (-27.5%).
Net loss of 31,024,523,420 reduced equity.
Share repurchases of 3,157,778,910 reduced equity.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩-31.02 Billion	-34.4%
Share Repurchases	₩3.16 Billion	-3.5%
Other Changes	₩-105.27 Million	-0.12%
Total Change	₩-	-27.55%

Book Value vs Market Value Analysis

This analysis compares NDFOS 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: 0.35x
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.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	₩5263.32	₩1404.00	x
2017-12-31	₩5344.92	₩1404.00	x
2018-12-31	₩5108.93	₩1404.00	x
2019-12-31	₩5525.03	₩1404.00	x
2020-12-31	₩6154.98	₩1404.00	x
2021-12-31	₩6998.86	₩1404.00	x
2022-12-31	₩5881.57	₩1404.00	x
2023-12-31	₩5287.00	₩1404.00	x
2024-12-31	₩3961.91	₩1404.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently NDFOS 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): -34.40%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -59.15%
• Asset Turnover: 0.50x
• Equity Multiplier: 1.17x
Recent ROE (-34.40%) is below the historical average (5.58%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	35.63%	8.77%	1.84x	2.20x	₩2.93 Billion
2015	56.26%	23.95%	1.65x	1.43x	₩11.31 Billion
2016	18.54%	21.15%	0.79x	1.10x	₩6.88 Billion
2017	10.03%	15.42%	0.56x	1.15x	₩20.77 Million
2018	-16.08%	-28.48%	0.37x	1.54x	₩-22.06 Billion
2019	-0.56%	-0.74%	0.44x	1.71x	₩-11.75 Billion
2020	6.17%	9.22%	0.51x	1.31x	₩-5.11 Billion
2021	11.13%	28.51%	0.27x	1.43x	₩1.83 Billion
2022	-14.27%	-22.12%	0.52x	1.25x	₩-33.60 Billion
2023	-11.07%	-28.19%	0.35x	1.13x	₩-26.22 Billion
2024	-34.40%	-59.15%	0.50x	1.17x	₩-40.04 Billion

Industry Comparison

This section compares NDFOS Co. Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

Industry: Specialty Chemicals
Average net assets among peers: $1,274,656,998,498
Average return on equity (ROE) among peers: 3.57%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
NDFOS Co. Ltd (238090)	₩96.69 Billion	35.63%	0.15x	$21.66 Million
DL Holdings CO. LTD. (000210)	$5.15 Trillion	5.16%	1.41x	$565.25 Million
DL Holdings Co Ltd Preferred (000215)	$4.92 Trillion	-1.79%	1.48x	$22.38 Million
Norooholdings (000320)	$660.83 Billion	3.78%	0.77x	$96.82 Million
Noroo Holdings Co Ltd (000325)	$533.52 Billion	2.04%	0.82x	$4.49 Million
Samhwa Paint (000390)	$111.40 Billion	6.40%	1.03x	$107.63 Million
Kangnam Jevisco Co Ltd (000860)	$678.85 Billion	0.91%	0.41x	$107.48 Million
Paik Kwang Ind (001340)	$120.49 Billion	1.97%	1.33x	$126.11 Million
Bo Lak (002760)	$46.65 Billion	-3.24%	0.27x	$39.94 Million
Songwon Industrial (004430)	$378.13 Billion	9.36%	1.29x	$170.78 Million
Cho Kwang Pain (004910)	$150.26 Billion	11.15%	0.61x	$20.43 Million

About NDFOS Co. Ltd

KQ:238090 Korea Specialty Chemicals

Market Cap

$21.66 Million

₩31.96 Billion KRW

Market Cap Rank

#24686 Global

#1783 in Korea

Share Price

₩1404.00

Change (1 day)

-2.36%

52-Week Range

₩1404.00 - ₩3950.00

All Time High

₩24250.00