KPS Corporation (256940) - Net Assets
Based on the latest financial reports, KPS Corporation (256940) has net assets worth ₩89.95 Billion KRW (≈ $60.96 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 (₩213.64 Billion ≈ $144.78 Million USD) and total liabilities (₩123.69 Billion ≈ $83.83 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 256940 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩89.95 Billion |
| % of Total Assets | 42.1% |
| Annual Growth Rate | N/A |
| 5-Year Change | 26.04% |
| 10-Year Change | N/A |
| Growth Volatility | 100.33 |
KPS Corporation - Net Assets Trend (2015–2024)
This chart illustrates how KPS Corporation's net assets have evolved over time, based on quarterly financial data. Also explore KPS Corporation (256940) total assets for the complete picture of this company's asset base.
Annual Net Assets for KPS Corporation (2015–2024)
The table below shows the annual net assets of KPS Corporation from 2015 to 2024. For live valuation and market cap data, see KPS Corporation (256940) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩63.22 Billion ≈ $42.84 Million |
+7.92% |
| 2023-12-31 | ₩58.58 Billion ≈ $39.70 Million |
+10.38% |
| 2022-12-31 | ₩53.07 Billion ≈ $35.97 Million |
-13.03% |
| 2021-12-31 | ₩61.03 Billion ≈ $41.36 Million |
+21.67% |
| 2020-12-31 | ₩50.16 Billion ≈ $33.99 Million |
+65.55% |
| 2019-12-31 | ₩30.30 Billion ≈ $20.53 Million |
-1.99% |
| 2018-12-31 | ₩30.91 Billion ≈ $20.95 Million |
+20.06% |
| 2017-12-31 | ₩25.75 Billion ≈ $17.45 Million |
+311.98% |
| 2016-12-31 | ₩6.25 Billion ≈ $4.24 Million |
+228.50% |
| 2015-12-31 | ₩-4.86 Billion ≈ $-3.30 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to KPS Corporation'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 1353431017000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩7.27 Billion | 14.50% |
| Common Stock | ₩9.37 Billion | 18.70% |
| Other Components | ₩33.49 Billion | 66.80% |
| Total Equity | ₩50.13 Billion | 100.00% |
KPS Corporation Competitors by Market Cap
The table below lists competitors of KPS Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ultra Chip
TWO:3141
|
$112.14 Million |
|
Dinhvu Port Investment Development JSC
VN:DVP
|
$112.16 Million |
|
Bank Victoria International
JK:BVIC
|
$112.19 Million |
|
Trigg Minerals Ltd
AU:TMG
|
$112.23 Million |
|
YTN Co.Ltd
KQ:040300
|
$112.12 Million |
|
Sunfon Construction Co Ltd
TWO:5514
|
$112.10 Million |
|
GR Silver Mining Ltd
V:GRSL
|
$112.09 Million |
|
Agenus Inc
NASDAQ:AGEN
|
$112.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KPS Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 57,236,277,220 to 50,133,633,080, a change of -7,102,644,140 (-12.4%).
- Net income of 1,113,441,590 contributed positively to equity growth.
- Other factors decreased equity by 8,216,085,730.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.11 Billion | +2.22% |
| Other Changes | ₩-8.22 Billion | -16.39% |
| Total Change | ₩- | -12.41% |
Book Value vs Market Value Analysis
This analysis compares KPS Corporation'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: 3.08x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 11.57x to 3.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩712.17 | ₩8240.00 | x |
| 2017-12-31 | ₩2009.95 | ₩8240.00 | x |
| 2018-12-31 | ₩2408.09 | ₩8240.00 | x |
| 2019-12-31 | ₩2356.52 | ₩8240.00 | x |
| 2020-12-31 | ₩3269.86 | ₩8240.00 | x |
| 2021-12-31 | ₩3292.31 | ₩8240.00 | x |
| 2022-12-31 | ₩2830.71 | ₩8240.00 | x |
| 2023-12-31 | ₩3052.82 | ₩8240.00 | x |
| 2024-12-31 | ₩2673.99 | ₩8240.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KPS Corporation 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): 2.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.87%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 3.30x
- Recent ROE (2.22%) is below the historical average (2.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | -16.77% | 0.63x | 0.00x | ₩-948.32 Million |
| 2016 | 40.89% | 14.56% | 0.65x | 4.33x | ₩1.93 Billion |
| 2017 | 8.52% | 9.12% | 0.74x | 1.26x | ₩-381.47 Million |
| 2018 | 22.02% | 16.75% | 1.06x | 1.24x | ₩3.72 Billion |
| 2019 | -1.14% | -2.44% | 0.37x | 1.28x | ₩-3.38 Billion |
| 2020 | -4.80% | -15.81% | 0.20x | 1.53x | ₩-7.42 Billion |
| 2021 | -25.10% | -359.52% | 0.05x | 1.53x | ₩-21.42 Billion |
| 2022 | -21.43% | -77.82% | 0.17x | 1.61x | ₩-16.68 Billion |
| 2023 | 6.87% | 4.27% | 0.79x | 2.05x | ₩-1.79 Billion |
| 2024 | 2.22% | 0.87% | 0.77x | 3.30x | ₩-3.90 Billion |
Industry Comparison
This section compares KPS Corporation's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $943,529,751,500
- Average return on equity (ROE) among peers: 9.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KPS Corporation (256940) | ₩89.95 Billion | 0.00% | 1.38x | $112.12 Million |
| Amore Group (002790) | $2.11 Trillion | 5.64% | 0.01x | $1.44 Billion |
| Amorepacific Group (002795) | $6.48 Trillion | 2.06% | 0.28x | $109.93 Million |
| Hankook Cosmetics Manufacturing Co Ltd (003350) | $50.29 Billion | 6.60% | 0.43x | $24.81 Million |
| Daelim Trading (006570) | $155.79 Billion | 13.46% | 1.11x | $20.52 Million |
| Monalisa (012690) | $65.01 Billion | 7.48% | 0.21x | $58.60 Million |
| Leaders Cosmetics Co. Ltd (016100) | $34.23 Billion | 0.00% | 0.13x | $22.99 Million |
| Aekyung Industrial Co Ltd (018250) | $400.61 Billion | 10.62% | 0.25x | $254.38 Million |
| Kolmar Holding (024720) | $53.45 Billion | 6.52% | 0.76x | $228.00 Million |
| Jayjun Co Ltd (025620) | $8.49 Billion | 27.90% | 5.87x | $47.01 Million |
| Coreana Cosmetics Co.Ltd (027050) | $72.56 Billion | 15.48% | 0.34x | $43.75 Million |
About KPS Corporation
Keeps Biopharma Inc. engages in the research, development, production, and sale of mechanical equipment for manufacturing flat panel displays in South Korea, China, and internationally. It offers OLED equipment, inspection technologies, camera modules, precision systems, and TSP/solar products. The company is also involved in bio research and development business; waste battery recycling; and oth… Read more