Innometry Co. Ltd (302430) - Net Assets
Based on the latest financial reports, Innometry Co. Ltd (302430) has net assets worth ₩62.98 Billion KRW (≈ $42.68 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 (₩75.55 Billion ≈ $51.20 Million USD) and total liabilities (₩12.58 Billion ≈ $8.52 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 302430 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩62.98 Billion |
| % of Total Assets | 83.36% |
| Annual Growth Rate | 37.06% |
| 5-Year Change | 35.38% |
| 10-Year Change | N/A |
| Growth Volatility | 219.22 |
Innometry Co. Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Innometry Co. Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Innometry Co. Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Innometry Co. Ltd (2016–2024)
The table below shows the annual net assets of Innometry Co. Ltd from 2016 to 2024. For live valuation and market cap data, see 302430 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩63.76 Billion ≈ $43.21 Million |
-0.50% |
| 2023-12-31 | ₩64.08 Billion ≈ $43.42 Million |
+14.93% |
| 2022-12-31 | ₩55.75 Billion ≈ $37.78 Million |
+3.86% |
| 2021-12-31 | ₩53.68 Billion ≈ $36.38 Million |
+13.99% |
| 2020-12-31 | ₩47.09 Billion ≈ $31.92 Million |
-10.02% |
| 2019-12-31 | ₩52.34 Billion ≈ $35.47 Million |
+8.22% |
| 2018-12-31 | ₩48.36 Billion ≈ $32.78 Million |
+669.85% |
| 2017-12-31 | ₩6.28 Billion ≈ $4.26 Million |
+22.70% |
| 2016-12-31 | ₩5.12 Billion ≈ $3.47 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Innometry 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 505.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩20.79 Billion | 32.60% |
| Common Stock | ₩4.92 Billion | 7.71% |
| Other Components | ₩38.05 Billion | 59.69% |
| Total Equity | ₩63.76 Billion | 100.00% |
Innometry Co. Ltd Competitors by Market Cap
The table below lists competitors of Innometry Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spectral AI Inc.
NASDAQ:MDAI
|
$47.57 Million |
|
Sino Tactful Co Ltd
TWO:5481
|
$47.59 Million |
|
WooGene B&G Co. Ltd
KQ:018620
|
$47.60 Million |
|
Woongjin Thinkbig Co Ltd
KO:095720
|
$47.62 Million |
|
IBKS No2 SPAC
KQ:204840
|
$47.51 Million |
|
Awanbiru Technology Bhd
KLSE:5204
|
$47.50 Million |
|
HS Valve Co. Ltd
KQ:039610
|
$47.48 Million |
|
Thai Solar Energy Public Company Limited
BK:TSE
|
$47.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Innometry Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 64,078,147,110 to 63,757,426,700, a change of -320,720,410 (-0.5%).
- Net loss of 1,466,571,090 reduced equity.
- Other factors increased equity by 1,145,850,680.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-1.47 Billion | -2.3% |
| Other Changes | ₩1.15 Billion | +1.8% |
| Total Change | ₩- | -0.50% |
Book Value vs Market Value Analysis
This analysis compares Innometry 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: 1.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.11x to 1.10x 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 | ₩783.61 | ₩7140.00 | x |
| 2017-12-31 | ₩961.48 | ₩7140.00 | x |
| 2018-12-31 | ₩5011.74 | ₩7140.00 | x |
| 2019-12-31 | ₩5423.77 | ₩7140.00 | x |
| 2020-12-31 | ₩4880.17 | ₩7140.00 | x |
| 2021-12-31 | ₩5459.25 | ₩7140.00 | x |
| 2022-12-31 | ₩5720.63 | ₩7140.00 | x |
| 2023-12-31 | ₩6563.01 | ₩7140.00 | x |
| 2024-12-31 | ₩6487.63 | ₩7140.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Innometry 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): -2.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.77%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.22x
- Recent ROE (-2.30%) is below the historical average (12.71%), 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 | 61.87% | 19.60% | 1.36x | 2.33x | ₩2.66 Billion |
| 2017 | 18.73% | 8.37% | 1.24x | 1.81x | ₩548.47 Million |
| 2018 | 10.85% | 17.16% | 0.51x | 1.23x | ₩411.28 Million |
| 2019 | 8.84% | 14.51% | 0.52x | 1.18x | ₩-605.98 Million |
| 2020 | -7.85% | -17.84% | 0.37x | 1.18x | ₩-8.41 Billion |
| 2021 | 7.21% | 8.32% | 0.69x | 1.26x | ₩-1.50 Billion |
| 2022 | 4.82% | 3.55% | 0.95x | 1.44x | ₩-2.89 Billion |
| 2023 | 12.18% | 9.32% | 0.97x | 1.35x | ₩1.40 Billion |
| 2024 | -2.30% | -2.77% | 0.68x | 1.22x | ₩-7.84 Billion |
Industry Comparison
This section compares Innometry Co. Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $135,493,757,886
- Average return on equity (ROE) among peers: 4.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Innometry Co. Ltd (302430) | ₩62.98 Billion | 61.87% | 0.20x | $47.55 Million |
| Hwacheon Mac (000850) | $209.21 Billion | 12.92% | 0.49x | $48.83 Million |
| Daidong Elec (008110) | $164.00 Billion | 2.00% | 0.25x | $71.25 Million |
| Booster Co. Ltd (008470) | $60.30 Billion | 8.31% | 0.26x | $17.64 Million |
| Simpac (009160) | $240.42 Billion | 6.73% | 0.74x | $75.86 Million |
| Kyung Dong Navien Co Ltd (009450) | $141.56 Billion | 2.62% | 0.44x | $687.58 Million |
| Korea Refract (010040) | $108.02 Billion | 5.31% | 0.90x | $38.86 Million |
| Woojin I&S Co Ltd (010400) | $109.12 Billion | 13.24% | 0.12x | $17.24 Million |
| Hwacheon Machi (010660) | $137.56 Billion | 0.56% | 0.22x | $44.43 Million |
| Han Shin Mach (011700) | $82.34 Billion | 4.20% | 0.16x | $65.43 Million |
| STX Corporation (011810) | $102.41 Billion | -13.24% | 6.24x | $74.11 Million |
About Innometry Co. Ltd
Innometry Co., Ltd. manufactures and sells X-ray inspection systems in South Korea. Its products include X-ray secondary battery testers, 3D CT tester inspection solution, and stacking manufacturing equipment. The company was founded in 2008 and is headquartered in Hwaseong-si, South Korea.