Ace Bed Company Limited
Ace Bed Company Limited engages in the manufacture and sale of beds and furniture products in Korea and internationally. It offers bed frames and mattresses. The company was founded in 1963 and is headquartered in Seongnam-si, South Korea.
Ace Bed Company Limited (003800) - Total Assets
Latest total assets as of September 2025: ₩802.79 Billion KRW
Based on the latest financial reports, Ace Bed Company Limited (003800) holds total assets worth ₩802.79 Billion KRW as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Ace Bed Company Limited - Total Assets Trend (2011–2024)
This chart illustrates how Ace Bed Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ace Bed Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Ace Bed Company Limited's total assets of ₩802.79 Billion consist of 23.4% current assets and 76.6% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩50.30 Billion | 0.0% |
| Accounts Receivable | ₩22.61 Billion | 2.9% |
| Inventory | ₩28.71 Billion | 3.7% |
| Property, Plant & Equipment | ₩484.75 Billion | 62.0% |
| Intangible Assets | ₩36.17 Million | 0.0% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Ace Bed Company Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ace Bed Company Limited's current assets represent 23.4% of total assets in 2024, an increase from 0.0% in 2011.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 7.6% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is property, plant & equipment at 62.0% of total assets.
Ace Bed Company Limited Competitors by Total Assets
Key competitors of Ace Bed Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
China | CN¥1.73 Billion |
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
China | CN¥2.43 Billion |
Ace Bed Company Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Ace Bed Company Limited generates 0.42x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Ace Bed Company Limited generates $8.42 in net profit.
Ace Bed Company Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.47 | 2.39 | 2.03 |
| Quick Ratio | 3.00 | 1.92 | 1.44 |
| Cash Ratio | 0.00 | 0.56 | 0.00 |
| Working Capital | ₩155.40 Billion | ₩ 91.94 Billion | ₩ 50.78 Billion |
Ace Bed Company Limited - Advanced Valuation Insights
This section examines the relationship between Ace Bed Company Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.56 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 9.2% |
| Total Assets | ₩782.44 Billion |
| Market Capitalization | $40.63 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ace Bed Company Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Ace Bed Company Limited's assets grew by 9.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Ace Bed Company Limited (2011–2024)
The table below shows the annual total assets of Ace Bed Company Limited from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩782.44 Billion | +9.18% |
| 2023-12-31 | ₩716.66 Billion | +4.55% |
| 2022-12-31 | ₩685.50 Billion | +6.68% |
| 2021-12-31 | ₩642.56 Billion | +11.57% |
| 2020-12-31 | ₩575.95 Billion | +10.83% |
| 2019-12-31 | ₩519.69 Billion | +8.93% |
| 2018-12-31 | ₩477.10 Billion | +12.02% |
| 2017-12-31 | ₩425.89 Billion | +5.24% |
| 2016-12-31 | ₩404.68 Billion | +5.87% |
| 2015-12-31 | ₩382.26 Billion | +8.70% |
| 2014-12-31 | ₩351.66 Billion | +5.64% |
| 2013-12-31 | ₩332.89 Billion | +6.79% |
| 2012-12-31 | ₩311.72 Billion | +8.17% |
| 2011-12-31 | ₩288.17 Billion | -- |