Castelbajac Co. Ltd (308100) - Net Assets
Based on the latest financial reports, Castelbajac Co. Ltd (308100) has net assets worth ₩66.20 Billion KRW (≈ $44.86 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 (₩114.27 Billion ≈ $77.44 Million USD) and total liabilities (₩48.08 Billion ≈ $32.58 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 how resilient are Castelbajac Co. Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩66.20 Billion |
| % of Total Assets | 57.93% |
| Annual Growth Rate | -3.49% |
| 5-Year Change | -50.33% |
| 10-Year Change | N/A |
| Growth Volatility | 17.56 |
Castelbajac Co. Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Castelbajac Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Castelbajac Co. Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Castelbajac Co. Ltd (2017–2024)
The table below shows the annual net assets of Castelbajac Co. Ltd from 2017 to 2024. For live valuation and market cap data, see Castelbajac Co. Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩40.47 Billion ≈ $27.43 Million |
-28.17% |
| 2023-12-31 | ₩56.34 Billion ≈ $38.18 Million |
-7.48% |
| 2022-12-31 | ₩60.90 Billion ≈ $41.27 Million |
-12.99% |
| 2021-12-31 | ₩69.99 Billion ≈ $47.43 Million |
-14.10% |
| 2020-12-31 | ₩81.48 Billion ≈ $55.22 Million |
+6.26% |
| 2019-12-31 | ₩76.68 Billion ≈ $51.96 Million |
+22.12% |
| 2018-12-31 | ₩62.79 Billion ≈ $42.55 Million |
+20.95% |
| 2017-12-31 | ₩51.91 Billion ≈ $35.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Castelbajac 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 348.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩3.31 Billion | 8.18% |
| Other Components | ₩48.86 Billion | 120.73% |
| Total Equity | ₩40.47 Billion | 100.00% |
Castelbajac Co. Ltd Competitors by Market Cap
The table below lists competitors of Castelbajac Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Agro Phos India Limited
NSE:AGROPHOS
|
$6.93 Million |
|
HWH International Inc
NASDAQ:HWH
|
$6.93 Million |
|
Cambridge Technology Enterprises Limited
NSE:CTE
|
$6.93 Million |
|
Tapaco Public Company Limited
BK:TAPAC
|
$6.93 Million |
|
Marvel Biosciences Corp
V:MRVL
|
$6.92 Million |
|
Erria A/S
CO:ERRIA
|
$6.92 Million |
|
DY6 Metals Ltd
AU:DY6
|
$6.92 Million |
|
INVEX Therapeutics Ltd
AU:IXC
|
$6.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Castelbajac Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 56,343,666,080 to 40,470,161,720, a change of -15,873,504,360 (-28.2%).
- Net loss of 16,321,905,640 reduced equity.
- Other factors increased equity by 448,401,280.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-16.32 Billion | -40.33% |
| Other Changes | ₩448.40 Million | +1.11% |
| Total Change | ₩- | -28.17% |
Book Value vs Market Value Analysis
This analysis compares Castelbajac 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: 0.25x
- 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 increased from 0.11x to 0.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩8651.89 | ₩960.00 | x |
| 2018-12-31 | ₩10464.45 | ₩960.00 | x |
| 2019-12-31 | ₩11623.72 | ₩960.00 | x |
| 2020-12-31 | ₩12351.10 | ₩960.00 | x |
| 2021-12-31 | ₩10881.99 | ₩960.00 | x |
| 2022-12-31 | ₩9442.11 | ₩960.00 | x |
| 2023-12-31 | ₩5299.37 | ₩960.00 | x |
| 2024-12-31 | ₩3806.40 | ₩960.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Castelbajac 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): -40.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -41.01%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.20x
- Recent ROE (-40.33%) is below the historical average (-3.53%), 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 | 12.24% | 7.55% | 1.30x | 1.25x | ₩1.16 Billion |
| 2018 | 17.86% | 12.14% | 1.17x | 1.26x | ₩4.94 Billion |
| 2019 | 8.96% | 8.44% | 0.91x | 1.16x | ₩-798.20 Million |
| 2020 | 5.89% | 7.13% | 0.65x | 1.27x | ₩-3.35 Billion |
| 2021 | -9.62% | -9.01% | 0.64x | 1.66x | ₩-13.73 Billion |
| 2022 | -15.21% | -15.00% | 0.52x | 1.95x | ₩-15.35 Billion |
| 2023 | -7.99% | -9.30% | 0.50x | 1.71x | ₩-10.14 Billion |
| 2024 | -40.33% | -41.01% | 0.45x | 2.20x | ₩-20.37 Billion |
Industry Comparison
This section compares Castelbajac Co. Ltd's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $282,452,928,517
- Average return on equity (ROE) among peers: 6.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Castelbajac Co. Ltd (308100) | ₩66.20 Billion | 12.24% | 0.73x | $6.93 Million |
| Shinsegae Inte (031430) | $746.67 Billion | 5.25% | 0.54x | $348.96 Million |
| GRITEE Inc (204020) | $74.10 Billion | 2.43% | 0.24x | $30.84 Million |
| Daewoo SBI SPAC 1 (215480) | $26.60 Billion | 13.01% | 0.44x | $13.72 Million |
About Castelbajac Co. Ltd
Hyungji Global Co., Ltd., together with its subsidiaries, engages in the provision of golf apparel. The company was formerly known as Castelbajac Co., Ltd. and changed its name to Hyungji Global Co., Ltd. in March 2025. Hyungji Global Co., Ltd. was founded in 1968 and is headquartered in Seoul, South Korea.