CTK Co. Ltd
CTK Co., Ltd manufactures and sells cosmetics and cosmetic containers in the United States, the United Kingdom, and the European Union. It operates CTKCLIP, a cosmetics platform that offers beauty-related services. The company was formerly known as CTK Cosmetics Co., Ltd and changed its name to CTK Co., Ltd in July 2021. CTK Co., Ltd was founded in 1979 and is headquartered in Seoul, South Korea.
CTK Co. Ltd (260930) - Net Assets
Latest net assets as of September 2025: ₩149.32 Billion KRW
Based on the latest financial reports, CTK Co. Ltd (260930) has net assets worth ₩149.32 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 (₩260.71 Billion) and total liabilities (₩111.40 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 | ₩149.32 Billion |
| % of Total Assets | 57.27% |
| Annual Growth Rate | 20.16% |
| 5-Year Change | -3.85% |
| 10-Year Change | N/A |
| Growth Volatility | 123.68 |
CTK Co. Ltd - Net Assets Trend (2016–2024)
This chart illustrates how CTK 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 CTK Co. Ltd (2016–2024)
The table below shows the annual net assets of CTK Co. Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩157.79 Billion | -0.44% |
| 2023-12-31 | ₩158.49 Billion | +2.93% |
| 2022-12-31 | ₩153.98 Billion | -7.70% |
| 2021-12-31 | ₩166.83 Billion | +1.66% |
| 2020-12-31 | ₩164.11 Billion | -4.94% |
| 2019-12-31 | ₩172.64 Billion | +2.47% |
| 2018-12-31 | ₩168.49 Billion | -1.82% |
| 2017-12-31 | ₩171.61 Billion | +372.71% |
| 2016-12-31 | ₩36.30 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CTK 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 9.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩36.99 Billion | 23.44% |
| Common Stock | ₩9.67 Billion | 6.13% |
| Other Components | ₩111.13 Billion | 70.43% |
| Total Equity | ₩157.79 Billion | 100.00% |
CTK Co. Ltd Competitors by Market Cap
The table below lists competitors of CTK Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LEMON Co. Ltd
KQ:294140
|
$25.01 Million |
|
Wooshin System
KO:017370
|
$25.02 Million |
|
Veem Ltd
AU:VEE
|
$25.03 Million |
|
KONG SUN (BL25000)
F:KOJ5
|
$25.03 Million |
|
Maniker
KO:027740
|
$25.01 Million |
|
H-FARM SPA
F:5JQ
|
$25.01 Million |
|
NEORIGIN Co. Ltd
KQ:094860
|
$25.00 Million |
|
Laboratorios Richmond SACIF
BA:RICH
|
$24.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CTK Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 159,186,661,120 to 157,790,793,560, a change of -1,395,867,560 (-0.9%).
- Net loss of 3,267,723,830 reduced equity.
- Dividend payments of 1,469,304,400 reduced retained earnings.
- Other factors increased equity by 3,341,160,670.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-3.27 Billion | -2.07% |
| Dividends Paid | ₩1.47 Billion | -0.93% |
| Other Changes | ₩3.34 Billion | +2.12% |
| Total Change | ₩- | -0.88% |
Book Value vs Market Value Analysis
This analysis compares CTK 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: 0.47x
- 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 decreased from 1.58x to 0.47x 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 | ₩2494.66 | ₩3945.00 | x |
| 2017-12-31 | ₩8497.23 | ₩3945.00 | x |
| 2018-12-31 | ₩8628.27 | ₩3945.00 | x |
| 2019-12-31 | ₩8942.04 | ₩3945.00 | x |
| 2020-12-31 | ₩8911.78 | ₩3945.00 | x |
| 2021-12-31 | ₩9047.58 | ₩3945.00 | x |
| 2022-12-31 | ₩8171.30 | ₩3945.00 | x |
| 2023-12-31 | ₩8447.70 | ₩3945.00 | x |
| 2024-12-31 | ₩8373.62 | ₩3945.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CTK 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): -2.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.91%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.21x
- Recent ROE (-2.07%) is below the historical average (8.05%), 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 | 64.25% | 17.42% | 1.80x | 2.05x | ₩19.69 Billion |
| 2017 | 8.93% | 13.56% | 0.61x | 1.08x | ₩-1.83 Billion |
| 2018 | 4.74% | 7.22% | 0.57x | 1.14x | ₩-8.87 Billion |
| 2019 | 4.48% | 6.65% | 0.57x | 1.17x | ₩-9.52 Billion |
| 2020 | -0.27% | -0.36% | 0.61x | 1.25x | ₩-16.86 Billion |
| 2021 | -0.54% | -0.79% | 0.55x | 1.25x | ₩-17.58 Billion |
| 2022 | -11.47% | -25.45% | 0.39x | 1.16x | ₩-33.05 Billion |
| 2023 | 4.36% | 7.81% | 0.47x | 1.19x | ₩-8.97 Billion |
| 2024 | -2.07% | -3.91% | 0.44x | 1.21x | ₩-19.05 Billion |
Industry Comparison
This section compares CTK Co. Ltd's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $96,212,190,062
- Average return on equity (ROE) among peers: -1.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CTK Co. Ltd (260930) | ₩149.32 Billion | 64.25% | 0.75x | $25.01 Million |
| Cubic Korea Inc (021650) | $94.77 Billion | 10.24% | 0.81x | $9.73 Million |
| Koryo Credit Information Co. Ltd (049720) | $12.24 Billion | 2.90% | 0.68x | $55.05 Million |
| Hannet Co. Ltd (052600) | $7.64 Billion | 31.40% | 0.27x | $14.79 Million |
| Logisys Inc (067730) | $17.02 Billion | 3.03% | 0.45x | $7.15 Million |
| K Auction Inc. (102370) | $71.03 Billion | 14.77% | 0.34x | $22.22 Million |
| StarFlex Co. Ltd (115570) | $54.45 Billion | -3.90% | 1.42x | $7.69 Million |
| Imarketkorea (122900) | $441.53 Billion | 2.79% | 1.44x | $73.97 Million |
| Global Tax Free Co. Ltd (204620) | $128.37 Billion | 4.34% | 0.36x | $149.87 Million |
| Knowmerce (473980) | $38.85 Billion | -79.77% | 0.19x | $86.52 Million |