Tae Kwang Corporation

KQ:023160 Korea Machinery, Tools, Heavy Vehicles, Trains & Ships
Market Cap
$509.68 Million
₩746.27 Billion KRW
Market Cap Rank
#13306 Global
#348 in Korea
Share Price
₩28850.00
Change (1 day)
+0.70%
52-Week Range
₩18000.00 - ₩32200.00
All Time High
₩32200.00
About

Tae Kwang Corporation manufactures, supplies, and sells butt weld pipe fittings for oil and gas, chemical and petrochemical, power plant, and shipbuilding businesses in Korea and internationally. The company offers butt-welding fittings, including carbon, stainless, and alloy steel, such as elbows, tees, reducers, caps, stub ends, laterals, long bends, and crosses, as well as special, jacket, and… Read more

Tae Kwang Corporation - Asset Resilience Ratio

Latest as of September 2025: 18.09%

Tae Kwang Corporation (023160) has an Asset Resilience Ratio of 18.09% as of September 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
₩131.11 Billion
Cash + Short-term Investments
Total Assets
₩724.75 Billion
All company assets
Resilience Assessment
Good
Financial Resilience Level

Asset Resilience Ratio Trend (2007–2024)

This chart shows how Tae Kwang Corporation's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Tae Kwang Corporation's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents ₩0.00 0%
Short-term Investments ₩131.11 Billion 18.09%
Total Liquid Assets ₩131.11 Billion 18.09%

Asset Resilience Insights

  • Good Liquidity Position: Tae Kwang Corporation maintains a healthy 18.09% of assets in liquid form.
  • This level provides good financial flexibility while maintaining productive asset deployment.
  • The company has significant short-term investments, indicating active treasury management.

Tae Kwang Corporation Industry Peers by Asset Resilience Ratio

Compare Tae Kwang Corporation's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Bosung Power Technology Co. Ltd
KQ:006910
Machinery, Tools, Heavy Vehicles, Trains & Ships 18.65%
Youngsin Metal Industrial Co. Ltd
KQ:007530
Machinery, Tools, Heavy Vehicles, Trains & Ships 0.85%
SMCore.Inc
KQ:007820
Machinery, Tools, Heavy Vehicles, Trains & Ships 4.18%
Heungkuk Metaltech Co.Ltd
KQ:010240
Machinery, Tools, Heavy Vehicles, Trains & Ships 10.26%
Nuintek Co.Ltd
KQ:012340
Machinery, Tools, Heavy Vehicles, Trains & Ships 0.01%
CAS Corporation
KQ:016920
Machinery, Tools, Heavy Vehicles, Trains & Ships 3.23%
Semyung Electric Machinery Co.Ltd
KQ:017510
Machinery, Tools, Heavy Vehicles, Trains & Ships 4.05%
Enertork Ltd
KQ:019990
Machinery, Tools, Heavy Vehicles, Trains & Ships 15.78%

Annual Asset Resilience Ratio for Tae Kwang Corporation (2007–2024)

The table below shows the annual Asset Resilience Ratio data for Tae Kwang Corporation.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 13.20% ₩87.13 Billion ₩660.34 Billion +0.17pp
2023-12-31 13.03% ₩81.58 Billion ₩626.30 Billion -4.80pp
2022-12-31 17.83% ₩105.91 Billion ₩594.00 Billion +7.03pp
2021-12-31 10.80% ₩54.54 Billion ₩505.19 Billion -2.89pp
2020-12-31 13.68% ₩63.18 Billion ₩461.78 Billion +6.48pp
2019-12-31 7.20% ₩34.80 Billion ₩483.11 Billion -7.50pp
2018-12-31 14.70% ₩67.77 Billion ₩460.98 Billion -1.91pp
2017-12-31 16.61% ₩75.41 Billion ₩454.01 Billion -0.36pp
2016-12-31 16.97% ₩80.55 Billion ₩474.73 Billion +13.11pp
2015-12-31 3.86% ₩18.53 Billion ₩479.84 Billion +0.31pp
2014-12-31 3.55% ₩16.57 Billion ₩466.62 Billion -0.71pp
2012-12-31 4.26% ₩19.14 Billion ₩449.37 Billion +2.25pp
2011-12-31 2.01% ₩8.50 Billion ₩422.47 Billion -5.68pp
2010-12-31 7.69% ₩28.91 Billion ₩375.99 Billion -16.73pp
2009-12-31 24.42% ₩83.71 Billion ₩342.79 Billion +19.10pp
2008-12-31 5.32% ₩17.61 Billion ₩330.73 Billion +3.66pp
2007-12-31 1.67% ₩3.81 Billion ₩228.74 Billion --
pp = percentage points