Brand X Co. Ltd.
XEXYMIX Corporation manufactures and sells athleisure clothing in South Korea. The company provides women's leggings, jogger pants, top, padtop, outerwear, bottoms, innerwear, swimwear, and business wear; men's top, outerwear, bottoms, innerwear, business wear, and swimwear; golf wears for women and men's, and supplies; swimwear for women, men's, and kids; and shoes and supplies. The company was … Read more
Brand X Co. Ltd. (337930) - Net Assets
Latest net assets as of September 2025: ₩117.66 Billion KRW
Based on the latest financial reports, Brand X Co. Ltd. (337930) has net assets worth ₩117.66 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 (₩182.48 Billion) and total liabilities (₩64.82 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 | ₩117.66 Billion |
| % of Total Assets | 64.48% |
| Annual Growth Rate | 75.38% |
| 5-Year Change | 82.05% |
| 10-Year Change | N/A |
| Growth Volatility | 136.7 |
Brand X Co. Ltd. - Net Assets Trend (2018–2024)
This chart illustrates how Brand X 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 Brand X Co. Ltd. (2018–2024)
The table below shows the annual net assets of Brand X Co. Ltd. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩114.46 Billion | +23.20% |
| 2023-12-31 | ₩92.91 Billion | +18.67% |
| 2022-12-31 | ₩78.29 Billion | +15.04% |
| 2021-12-31 | ₩68.05 Billion | +8.23% |
| 2020-12-31 | ₩62.88 Billion | +341.89% |
| 2019-12-31 | ₩14.23 Billion | +262.02% |
| 2018-12-31 | ₩3.93 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brand X 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 1247.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩51.60 Billion | 46.55% |
| Common Stock | ₩14.81 Billion | 13.36% |
| Other Components | ₩44.45 Billion | 40.09% |
| Total Equity | ₩110.86 Billion | 100.00% |
Brand X Co. Ltd. Competitors by Market Cap
The table below lists competitors of Brand X Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lida Holdings Ltd
TW:4552
|
$44.40 Million |
|
Raute Oyj
HE:RAUTE
|
$44.41 Million |
|
L.P.N. Development Public Company Limited
BK:LPN
|
$44.41 Million |
|
LIFETIME BRANDS DL-01
F:LH1
|
$44.41 Million |
|
TY Holdings Co. Ltd. Pfd. Series 1
KO:36328K
|
$44.40 Million |
|
Apple iSports Group Inc
OTCQB:AAPI
|
$44.40 Million |
|
Shun On Electronic Co Ltd
TW:6283
|
$44.38 Million |
|
PT Steel Pipe Industry of Indonesia Tbk
F:S08
|
$44.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brand X Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 88,649,299,150 to 110,857,370,040, a change of 22,208,070,890 (25.1%).
- Net income of 20,664,572,330 contributed positively to equity growth.
- Dividend payments of 2,929,356,380 reduced retained earnings.
- Share repurchases of 209,998,820 reduced equity.
- New share issuances of 209,998,810 increased equity.
- Other factors increased equity by 4,472,854,950.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩20.66 Billion | +18.64% |
| Dividends Paid | ₩2.93 Billion | -2.64% |
| Share Repurchases | ₩210.00 Million | -0.19% |
| Share Issuances | ₩210.00 Million | +0.19% |
| Other Changes | ₩4.47 Billion | +4.03% |
| Total Change | ₩- | 25.05% |
Book Value vs Market Value Analysis
This analysis compares Brand X 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: 1.17x
- 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 28.21x to 1.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ₩156.83 | ₩4425.00 | x |
| 2019-12-31 | ₩567.76 | ₩4425.00 | x |
| 2020-12-31 | ₩2227.67 | ₩4425.00 | x |
| 2021-12-31 | ₩2324.31 | ₩4425.00 | x |
| 2022-12-31 | ₩2675.00 | ₩4425.00 | x |
| 2023-12-31 | ₩3029.03 | ₩4425.00 | x |
| 2024-12-31 | ₩3782.04 | ₩4425.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brand X 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): 18.64%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.61%
- • Asset Turnover: 1.57x
- • Equity Multiplier: 1.56x
- Recent ROE (18.64%) is below the historical average (30.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 90.92% | 16.47% | 2.86x | 1.93x | ₩3.18 Billion |
| 2019 | 53.62% | 11.90% | 1.54x | 2.92x | ₩6.21 Billion |
| 2020 | 11.12% | 5.01% | 1.78x | 1.25x | ₩706.31 Million |
| 2021 | 11.35% | 4.65% | 1.50x | 1.63x | ₩915.53 Million |
| 2022 | 12.85% | 4.86% | 1.81x | 1.46x | ₩2.23 Billion |
| 2023 | 12.67% | 4.83% | 1.75x | 1.50x | ₩2.37 Billion |
| 2024 | 18.64% | 7.61% | 1.57x | 1.56x | ₩9.58 Billion |
Industry Comparison
This section compares Brand X Co. Ltd.'s net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $209,700,898,505
- Average return on equity (ROE) among peers: 7.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brand X Co. Ltd. (337930) | ₩117.66 Billion | 90.92% | 0.55x | $44.40 Million |
| BYC Co Ltd (001465) | $378.12 Billion | 3.49% | 0.83x | $50.34 Million |
| Vivien Corp (002070) | $138.99 Billion | 0.12% | 0.40x | $10.53 Million |
| Kuk Dong (005320) | $28.64 Billion | 31.07% | 2.12x | $15.40 Million |
| Shinsung Tngsn (005390) | $230.85 Billion | 2.26% | 1.99x | $10.03 Million |
| Shinyoung Waco (005800) | $251.88 Billion | 6.83% | 0.12x | $26.78 Million |
| F&F Holdings Co. Ltd (007700) | $189.53 Billion | 7.38% | 0.70x | $40.03 Million |
| Pan-Pacific (007980) | $241.92 Billion | 9.16% | 2.11x | $38.87 Million |
| Willbes (008600) | $126.89 Billion | 2.17% | 0.93x | $13.89 Million |
| Shinwon (009270) | $213.79 Billion | 2.77% | 1.55x | $51.58 Million |
| Youngone Holdi (009970) | $296.42 Billion | 11.43% | 0.61x | $813.72 Million |