402490
Green Resource Co., Ltd. manufactures and sells electronic and industrial materials worldwide. It offers rare earth metals, thin film deposition materials, coating and magnetic powders, high purity metals, thermal conductivity powder, metal and ceramic powders, Nano powders, magnets, and polishing powders, as well as coating and deposition services for the high-tech industry. The company was foun… Read more
402490 (402490) - Net Assets
Latest net assets as of March 2025: ₩62.27 Billion KRW
Based on the latest financial reports, 402490 (402490) has net assets worth ₩62.27 Billion KRW as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩130.83 Billion) and total liabilities (₩68.56 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 | ₩62.27 Billion |
| % of Total Assets | 47.59% |
| Annual Growth Rate | 68.13% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 63.89 |
402490 - Net Assets Trend (2022–2024)
This chart illustrates how 402490's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for 402490 (2022–2024)
The table below shows the annual net assets of 402490 from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩59.33 Billion | +16.03% |
| 2023-12-31 | ₩51.13 Billion | +143.82% |
| 2022-12-31 | ₩20.97 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to 402490'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 36.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩18.31 Billion | 30.86% |
| Common Stock | ₩4.13 Billion | 6.97% |
| Other Components | ₩36.89 Billion | 62.17% |
| Total Equity | ₩59.33 Billion | 100.00% |
402490 Competitors by Market Cap
The table below lists competitors of 402490 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ELECO PLC LS-01
F:5H3
|
$80.63 Million |
|
Devyser Diagnostics AB
ST:DVYSR
|
$80.66 Million |
|
Shenzhen CAU Technology Co Ltd
SHE:000004
|
$80.66 Million |
|
Generalplus Technology Inc
TW:4952
|
$80.67 Million |
|
Lavipharm S.A
AT:LAVI
|
$80.56 Million |
|
RideNow Group, Inc.
NASDAQ:RDNW
|
$80.55 Million |
|
Tatry Mountain Resorts a.s.
PR:TMR
|
$80.55 Million |
|
Carindale Property Trust
AU:CDP
|
$80.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 402490's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 51,130,448,320 to 59,325,352,880, a change of 8,194,904,560 (16.0%).
- Net income of 2,316,135,970 contributed positively to equity growth.
- Share repurchases of 1,394,000,000 reduced equity.
- Other factors increased equity by 7,272,768,590.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.32 Billion | +3.9% |
| Share Repurchases | ₩1.39 Billion | -2.35% |
| Other Changes | ₩7.27 Billion | +12.26% |
| Total Change | ₩- | 16.03% |
Book Value vs Market Value Analysis
This analysis compares 402490'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: 1.99x
- 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 5.58x to 1.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩2562.45 | ₩14290.00 | x |
| 2023-12-31 | ₩6247.66 | ₩14290.00 | x |
| 2024-12-31 | ₩7177.08 | ₩14290.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 402490 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): 3.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.52%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.89x
- Recent ROE (3.90%) is below the historical average (8.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 16.52% | 13.81% | 0.72x | 1.66x | ₩1.37 Billion |
| 2023 | 5.09% | 15.77% | 0.23x | 1.40x | ₩-2.51 Billion |
| 2024 | 3.90% | 12.52% | 0.17x | 1.89x | ₩-3.62 Billion |
Industry Comparison
This section compares 402490's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $729,340,395,312
- Average return on equity (ROE) among peers: 5.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 402490 (402490) | ₩62.27 Billion | 16.52% | 1.10x | $80.63 Million |
| DL Holdings CO. LTD. (000210) | $4.53 Trillion | 19.10% | 0.84x | $381.57 Million |
| Norooholdings (000320) | $402.45 Billion | 6.30% | 1.12x | $45.80 Million |
| Noroo Holdings Co Ltd (000325) | $583.54 Billion | 0.27% | 0.81x | $60.77 Million |
| Samhwa Paint (000390) | $299.72 Billion | 1.87% | 0.96x | $86.24 Million |
| Kangnam Jevisco Co Ltd (000860) | $366.15 Billion | 10.97% | 0.26x | $58.42 Million |
| Paik Kwang Ind (001340) | $204.57 Billion | 3.85% | 1.06x | $113.44 Million |
| Bo Lak (002760) | $43.76 Billion | 2.53% | 0.22x | $30.02 Million |
| Songwon Industrial (004430) | $543.25 Billion | 13.30% | 1.05x | $79.87 Million |
| Cho Kwang Pain (004910) | $172.73 Billion | -1.34% | 0.81x | $17.90 Million |
| Cosmoam&T (005070) | $147.00 Billion | -3.99% | 0.78x | $305.37 Million |