INNOX Advanced Materials Co.Ltd (272290) - Net Assets
Based on the latest financial reports, INNOX Advanced Materials Co.Ltd (272290) has net assets worth ₩544.65 Billion KRW (≈ $369.10 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 (₩1.09 Trillion ≈ $735.31 Million USD) and total liabilities (₩540.37 Billion ≈ $366.20 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 balance sheet size of INNOX Advanced Materials Co.Ltd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩544.65 Billion |
| % of Total Assets | 50.2% |
| Annual Growth Rate | 20.73% |
| 5-Year Change | 131.4% |
| 10-Year Change | N/A |
| Growth Volatility | 13.75 |
INNOX Advanced Materials Co.Ltd - Net Assets Trend (2017–2024)
This chart illustrates how INNOX Advanced Materials Co.Ltd's net assets have evolved over time, based on quarterly financial data. Check 272290 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for INNOX Advanced Materials Co.Ltd (2017–2024)
The table below shows the annual net assets of INNOX Advanced Materials Co.Ltd from 2017 to 2024. For live valuation and market cap data, see 272290 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩468.53 Billion ≈ $317.52 Million |
+15.40% |
| 2023-12-31 | ₩406.00 Billion ≈ $275.14 Million |
+6.77% |
| 2022-12-31 | ₩380.27 Billion ≈ $257.70 Million |
+23.22% |
| 2021-12-31 | ₩308.60 Billion ≈ $209.13 Million |
+52.41% |
| 2020-12-31 | ₩202.48 Billion ≈ $137.22 Million |
+12.09% |
| 2019-12-31 | ₩180.65 Billion ≈ $122.42 Million |
+23.15% |
| 2018-12-31 | ₩146.69 Billion ≈ $99.41 Million |
+17.05% |
| 2017-12-31 | ₩125.33 Billion ≈ $84.93 Million |
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Equity Component Analysis
This analysis shows how different components contribute to INNOX Advanced Materials 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 1946.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩355.95 Billion | 76.88% |
| Common Stock | ₩10.11 Billion | 2.18% |
| Other Components | ₩96.95 Billion | 20.94% |
| Total Equity | ₩463.02 Billion | 100.00% |
INNOX Advanced Materials Co.Ltd Competitors by Market Cap
The table below lists competitors of INNOX Advanced Materials Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Praemium Ltd
AU:PPS
|
$250.07 Million |
|
Shin Poong Pharm.Co.Ltd.
KO:019170
|
$250.09 Million |
|
Gajah Tunggal Tbk
JK:GJTL
|
$250.11 Million |
|
Ioneer Ltd
AU:INR
|
$250.18 Million |
|
Thu Dau Mot Water JSC
VN:TDM
|
$249.89 Million |
|
Outbrain Inc
NASDAQ:OB
|
$249.88 Million |
|
Funkwerk AG
F:FEW
|
$249.85 Million |
|
Te Chang Construction Co Ltd
TWO:5511
|
$249.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in INNOX Advanced Materials Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 406,003,672,370 to 463,016,062,230, a change of 57,012,389,860 (14.0%).
- Net income of 70,711,492,960 contributed positively to equity growth.
- Dividend payments of 4,902,914,500 reduced retained earnings.
- Share repurchases of 4,241,731,040 reduced equity.
- New share issuances of 15,597,555,800 increased equity.
- Other factors decreased equity by 20,152,013,360.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩70.71 Billion | +15.27% |
| Dividends Paid | ₩4.90 Billion | -1.06% |
| Share Repurchases | ₩4.24 Billion | -0.92% |
| Share Issuances | ₩15.60 Billion | +3.37% |
| Other Changes | ₩-20.15 Billion | -4.35% |
| Total Change | ₩- | 14.04% |
Book Value vs Market Value Analysis
This analysis compares INNOX Advanced Materials 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: 0.82x
- 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 2.96x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩6623.94 | ₩19600.00 | x |
| 2018-12-31 | ₩7659.01 | ₩19600.00 | x |
| 2019-12-31 | ₩9457.29 | ₩19600.00 | x |
| 2020-12-31 | ₩10787.93 | ₩19600.00 | x |
| 2021-12-31 | ₩15711.59 | ₩19600.00 | x |
| 2022-12-31 | ₩19465.29 | ₩19600.00 | x |
| 2023-12-31 | ₩20702.16 | ₩19600.00 | x |
| 2024-12-31 | ₩24023.59 | ₩19600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently INNOX Advanced Materials 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): 15.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.72%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.78x
- Recent ROE (15.27%) is below the historical average (17.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 13.80% | 8.96% | 0.87x | 1.78x | ₩4.76 Billion |
| 2018 | 20.77% | 10.39% | 0.97x | 2.05x | ₩15.80 Billion |
| 2019 | 19.12% | 9.89% | 1.04x | 1.87x | ₩16.48 Billion |
| 2020 | 12.46% | 7.50% | 1.06x | 1.57x | ₩4.98 Billion |
| 2021 | 25.98% | 16.46% | 1.08x | 1.46x | ₩49.33 Billion |
| 2022 | 22.45% | 17.44% | 1.05x | 1.22x | ₩47.33 Billion |
| 2023 | 8.07% | 8.47% | 0.68x | 1.41x | ₩-7.83 Billion |
| 2024 | 15.27% | 16.72% | 0.51x | 1.78x | ₩24.41 Billion |
Industry Comparison
This section compares INNOX Advanced Materials 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: $135,191,708,273
- Average return on equity (ROE) among peers: 4.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| INNOX Advanced Materials Co.Ltd (272290) | ₩544.65 Billion | 13.80% | 0.99x | $250.00 Million |
| D I Corp (003160) | $122.48 Billion | 5.82% | 0.58x | $374.31 Million |
| Samick Thk (004380) | $82.90 Billion | 10.78% | 1.40x | $110.54 Million |
| PSMC CO. Ltd (024850) | $245.50 Billion | -5.04% | 0.09x | $811.85 Million |
| Mirae Corporation (025560) | $65.14 Billion | -11.23% | 0.13x | $20.04 Million |
| KC Co. Ltd (029460) | $147.65 Billion | 7.54% | 0.34x | $215.10 Million |
| MK Electron Co. Ltd (033160) | $250.27 Billion | 13.09% | 4.33x | $205.26 Million |
| Signetics Corporation (033170) | $174.87 Billion | -2.60% | 0.35x | $20.57 Million |
| Nepes Corporation (033640) | $116.59 Billion | 0.00% | 2.39x | $236.90 Million |
| EO Technics Co. Ltd (039030) | $96.39 Billion | 3.08% | 0.42x | $2.47 Billion |
| STI Co. Ltd (039440) | $50.13 Billion | 20.03% | 1.03x | $219.22 Million |
About INNOX Advanced Materials Co.Ltd
INNOX Advanced Materials Co.,Ltd. engages in semiconductor PKG materials and flexible printed circuit board materials businesses in South Korea and internationally. The company offers circuit materials for smartphones, tablets, notebooks, and automobiles; adhesive materials used for semiconductor PKG packaging; and organic light-emitting diodes for displays. INNOX Advanced Materials Co.,Ltd was f… Read more