Enchem Co. Ltd.
Enchem Co., Ltd. manufactures and sells electrolytes and additives for secondary batteries and EDLC. The company offers electrolyte for anode, cathode, EDLC, XEV, IT, EDLC, ESS, etc.; and small battery for mobile devices, medium and large sized battery, large capacity battery for ESS, and large capacity EDLC. The company's electrolyte products are used in mobile phone, laptop PC, power tools, E-B… Read more
Enchem Co. Ltd. (348370) - Net Assets
Latest net assets as of September 2025: ₩522.61 Billion KRW
Based on the latest financial reports, Enchem Co. Ltd. (348370) has net assets worth ₩522.61 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 (₩1.06 Trillion) and total liabilities (₩541.01 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 | ₩522.61 Billion |
| % of Total Assets | 49.14% |
| Annual Growth Rate | 73.93% |
| 5-Year Change | 289.94% |
| 10-Year Change | N/A |
| Growth Volatility | 109.35 |
Enchem Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Enchem 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 Enchem Co. Ltd. (2019–2024)
The table below shows the annual net assets of Enchem Co. Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩466.81 Billion | +62.97% |
| 2023-12-31 | ₩286.45 Billion | +1.29% |
| 2022-12-31 | ₩282.81 Billion | +30.57% |
| 2021-12-31 | ₩216.60 Billion | +80.93% |
| 2020-12-31 | ₩119.72 Billion | +308.66% |
| 2019-12-31 | ₩29.29 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Enchem 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 61627531627000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩10.56 Billion | 2.33% |
| Other Components | ₩1.07 Trillion | 235.72% |
| Total Equity | ₩453.75 Billion | 100.00% |
Enchem Co. Ltd. Competitors by Market Cap
The table below lists competitors of Enchem Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nexwise Intelligence China Limited
SHE:301248
|
$653.02 Million |
|
Neoen S.A
OTCGREY:NOSPF
|
$653.17 Million |
|
Carriage Services Inc
NYSE:CSV
|
$653.20 Million |
|
Savaria Corporation
PINK:SISXF
|
$653.32 Million |
|
Zhejiang Great Southeast Co Ltd
SHE:002263
|
$652.72 Million |
|
Snowline Gold Corp
OTCQB:SNWGF
|
$652.45 Million |
|
Hellenic Petroleum S.A
PINK:HLPMF
|
$652.43 Million |
|
BUSINESS FIRST BANCSH.DL1
F:828
|
$652.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enchem Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 273,418,532,000 to 453,750,280,000, a change of 180,331,748,000 (66.0%).
- Net loss of 568,302,489,000 reduced equity.
- Share repurchases of 852,000,000 reduced equity.
- New share issuances of 852,000,000 increased equity.
- Other factors increased equity by 748,634,237,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-568.30 Billion | -125.25% |
| Share Repurchases | ₩852.00 Million | -0.19% |
| Share Issuances | ₩852.00 Million | +0.19% |
| Other Changes | ₩748.63 Billion | +164.99% |
| Total Change | ₩- | 65.95% |
Book Value vs Market Value Analysis
This analysis compares Enchem 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: 2.56x
- 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 28.78x to 2.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₩1939.01 | ₩55800.00 | x |
| 2020-12-31 | ₩7923.98 | ₩55800.00 | x |
| 2021-12-31 | ₩14254.26 | ₩55800.00 | x |
| 2022-12-31 | ₩17885.65 | ₩55800.00 | x |
| 2023-12-31 | ₩16806.91 | ₩55800.00 | x |
| 2024-12-31 | ₩21828.64 | ₩55800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enchem 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): -125.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -155.40%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.48x
- Recent ROE (-125.25%) is below the historical average (-25.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -6.67% | -2.22% | 0.67x | 4.48x | ₩-4.88 Billion |
| 2020 | 0.42% | 0.36% | 0.70x | 1.66x | ₩-11.47 Billion |
| 2021 | -8.99% | -9.08% | 0.53x | 1.88x | ₩-41.13 Billion |
| 2022 | 7.49% | 4.15% | 0.75x | 2.41x | ₩-7.11 Billion |
| 2023 | -18.35% | -11.82% | 0.49x | 3.16x | ₩-77.52 Billion |
| 2024 | -125.25% | -155.40% | 0.32x | 2.48x | ₩-613.68 Billion |
Industry Comparison
This section compares Enchem Co. Ltd.'s net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,169,826,858,518
- Average return on equity (ROE) among peers: 4.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enchem Co. Ltd. (348370) | ₩522.61 Billion | -6.67% | 1.04x | $652.72 Million |
| Kumho Electric (001210) | $302.39 Billion | 8.90% | 0.83x | $23.46 Million |
| Taihan Electric Wire Co Ltd (001440) | $321.92 Billion | -0.92% | 2.64x | $2.17 Billion |
| Posco Chemical Co Ltd (003670) | $3.32 Trillion | -6.39% | 1.39x | $4.87 Billion |
| Sebang Global Battery Co Ltd (004490) | $1.34 Trillion | 8.71% | 0.37x | $222.68 Million |
| LS Corp (006260) | $3.01 Trillion | 4.09% | 2.33x | $3.06 Billion |
| Daewon Cable (006340) | $42.00 Billion | 0.90% | 1.45x | $196.28 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $113.85 Billion | 5.97% | 0.99x | $70.84 Million |
| Samsung SDI (006400) | $7.54 Trillion | 1.70% | 0.40x | $16.12 Billion |
| Samsung Sdi Co Pref (006405) | $15.20 Trillion | 7.70% | 0.70x | $7.85 Billion |
| LS Electric (010120) | $509.15 Billion | 18.56% | 1.33x | $7.89 Billion |