448280
Ecoeye Co., Ltd. provides carbon credits in South Korea. The company develops, implements, and finances carbon credit projects on clean cooking initiative, blue carbon, renewable energy, sustainable agriculture, and other projects. It is also involved in the carbon credit trading, emission trading scheme advisory, and market analysis activities. The company was founded in 2003 and is based in Seo… Read more
448280 (448280) - Net Assets
Latest net assets as of March 2025: ₩121.69 Billion KRW
Based on the latest financial reports, 448280 (448280) has net assets worth ₩121.69 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 (₩139.17 Billion) and total liabilities (₩17.48 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 | ₩121.69 Billion |
| % of Total Assets | 87.44% |
| Annual Growth Rate | 61.5% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 84.14 |
448280 - Net Assets Trend (2022–2024)
This chart illustrates how 448280's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for 448280 (2022–2024)
The table below shows the annual net assets of 448280 from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩128.50 Billion | -1.99% |
| 2023-12-31 | ₩131.11 Billion | +166.29% |
| 2022-12-31 | ₩49.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to 448280'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 27.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩43.81 Billion | 34.09% |
| Common Stock | ₩4.94 Billion | 3.84% |
| Other Components | ₩79.75 Billion | 62.06% |
| Total Equity | ₩128.50 Billion | 100.00% |
448280 Competitors by Market Cap
The table below lists competitors of 448280 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bloober Team SA
WAR:BLO
|
$71.71 Million |
|
Bisi International Tbk
JK:BISI
|
$71.71 Million |
|
Wah Hong Industrial
TWO:8240
|
$71.72 Million |
|
Lubelski Wegiel Bogdanka S.A.
WAR:LWB
|
$71.73 Million |
|
Mind Technology Inc
NASDAQ:MIND
|
$71.63 Million |
|
Sai Gon Cargo Service Corp
VN:SCS
|
$71.62 Million |
|
Enlight Renewable Energy Ltd
TA:ENLT
|
$71.60 Million |
|
Aumann AG
PINK:AUUMF
|
$71.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 448280's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 131,110,137,860 to 128,501,970,630, a change of -2,608,167,230 (-2.0%).
- Net income of 2,253,945,950 contributed positively to equity growth.
- Dividend payments of 4,938,521,500 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.25 Billion | +1.75% |
| Dividends Paid | ₩4.94 Billion | -3.84% |
| Other Changes | ₩76.41 Million | +0.06% |
| Total Change | ₩- | -1.99% |
Book Value vs Market Value Analysis
This analysis compares 448280'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: 3.06x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7.98x to 3.06x 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 | ₩1661.63 | ₩13260.00 | x |
| 2023-12-31 | ₩4424.70 | ₩13260.00 | x |
| 2024-12-31 | ₩4336.68 | ₩13260.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 448280 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): 1.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.75%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.17x
- Recent ROE (1.75%) is below the historical average (15.11%), 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 | 31.60% | 25.88% | 0.77x | 1.59x | ₩10.64 Billion |
| 2023 | 11.97% | 24.21% | 0.43x | 1.14x | ₩2.58 Billion |
| 2024 | 1.75% | 8.75% | 0.17x | 1.17x | ₩-10.60 Billion |
Industry Comparison
This section compares 448280's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $5,885,751,880,295
- Average return on equity (ROE) among peers: 1.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 448280 (448280) | ₩121.69 Billion | 31.60% | 0.14x | $71.69 Million |
| Doosan (000150) | $3.17 Trillion | 2.32% | 4.42x | $7.78 Billion |
| Doosan Pref Shs (000155) | $7.71 Trillion | -7.18% | 2.91x | $3.91 Billion |
| Doosan Co Ltd (000157) | $7.15 Trillion | -1.64% | 3.04x | $833.50 Million |
| Hanwha Corp. Pfd. Series 1 (000885) | $13.65 Trillion | -2.09% | 9.67x | $738.15 Million |
| Hanwha Corp Preferred (00088K) | $14.23 Trillion | 3.46% | 9.88x | $892.93 Million |
| Cj Corp Pref (001045) | $9.86 Trillion | 2.09% | 1.39x | $914.06 Million |
| LX International Corp (001120) | $654.45 Billion | 14.28% | 3.82x | $773.58 Million |
| Kg Chemical (001390) | $192.43 Billion | 3.19% | 1.23x | $130.84 Million |
| SK Networks Co Ltd (001740) | $2.25 Trillion | 1.54% | 2.91x | $348.44 Million |
| Hanchang (005110) | $3.47 Billion | 0.00% | 16.09x | $12.60 Million |