Noroo Holdings Co Ltd (000325) - Net Assets
Based on the latest financial reports, Noroo Holdings Co Ltd (000325) has net assets worth ₩793.48 Billion KRW (≈ $537.73 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.26 Trillion ≈ $852.12 Million USD) and total liabilities (₩463.91 Billion ≈ $314.38 Million USD). 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. Check how resilient are Noroo Holdings Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩793.48 Billion |
| % of Total Assets | 63.11% |
| Annual Growth Rate | 6.1% |
| 5-Year Change | 33.61% |
| 10-Year Change | 48.12% |
| Growth Volatility | 6.11 |
Noroo Holdings Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Noroo Holdings Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Noroo Holdings Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Noroo Holdings Co Ltd (2013–2024)
The table below shows the annual net assets of Noroo Holdings Co Ltd from 2013 to 2024. For live valuation and market cap data, see Noroo Holdings Co Ltd (000325) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩772.24 Billion ≈ $523.34 Million |
+11.31% |
| 2023-12-31 | ₩693.79 Billion ≈ $470.17 Million |
+4.99% |
| 2022-12-31 | ₩660.83 Billion ≈ $447.83 Million |
+13.24% |
| 2021-12-31 | ₩583.54 Billion ≈ $395.45 Million |
+0.96% |
| 2020-12-31 | ₩577.97 Billion ≈ $391.68 Million |
+1.85% |
| 2019-12-31 | ₩567.47 Billion ≈ $384.56 Million |
+1.06% |
| 2018-12-31 | ₩561.50 Billion ≈ $380.52 Million |
-2.77% |
| 2017-12-31 | ₩577.52 Billion ≈ $391.38 Million |
+8.25% |
| 2016-12-31 | ₩533.52 Billion ≈ $361.56 Million |
+2.33% |
| 2015-12-31 | ₩521.37 Billion ≈ $353.32 Million |
+18.53% |
| 2014-12-31 | ₩439.84 Billion ≈ $298.07 Million |
+9.29% |
| 2013-12-31 | ₩402.45 Billion ≈ $272.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Noroo Holdings 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 grown by 106.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩394.83 Billion | 83.98% |
| Other Components | ₩75.34 Billion | 16.02% |
| Total Equity | ₩470.17 Billion | 100.00% |
Noroo Holdings Co Ltd Competitors by Market Cap
The table below lists competitors of Noroo Holdings Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inca Minerals Ltd
AU:ICG
|
$5.21 Million |
|
Hiremii Ltd
AU:HMI
|
$5.21 Million |
|
UNIDOC HEALTH CORP.
F:L7T
|
$5.21 Million |
|
Canadian Spirit Resources Inc
V:SPI
|
$5.21 Million |
|
Maxcom SA
WAR:MXC
|
$5.20 Million |
|
Clara Resources Australia Ltd
AU:C7A
|
$5.20 Million |
|
Land & Homes Group Ltd
AU:LHM
|
$5.20 Million |
|
DRAGO ENTERTAINM. ZY -10
F:65M
|
$5.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Noroo Holdings Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 413,617,284,960 to 470,172,937,030, a change of 56,555,652,070 (13.7%).
- Net income of 50,745,126,360 contributed positively to equity growth.
- Dividend payments of 18,433,604,260 reduced retained earnings.
- Other factors increased equity by 24,244,129,970.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩50.75 Billion | +10.79% |
| Dividends Paid | ₩18.43 Billion | -3.92% |
| Other Changes | ₩24.24 Billion | +5.16% |
| Total Change | ₩- | 13.67% |
Book Value vs Market Value Analysis
This analysis compares Noroo Holdings 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: 0.69x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.85x to 0.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩37245.84 | ₩31550.00 | x |
| 2018-12-31 | ₩35686.94 | ₩31550.00 | x |
| 2019-12-31 | ₩35691.29 | ₩31550.00 | x |
| 2020-12-31 | ₩36278.51 | ₩31550.00 | x |
| 2021-12-31 | ₩35972.34 | ₩31550.00 | x |
| 2022-12-31 | ₩38479.08 | ₩31550.00 | x |
| 2023-12-31 | ₩39479.48 | ₩31550.00 | x |
| 2024-12-31 | ₩45876.38 | ₩31550.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Noroo Holdings 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): 10.79%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.07%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 2.58x
- Recent ROE (10.79%) is above the historical average (6.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 9.75% | 4.25% | 0.72x | 3.19x | ₩-667.21 Million |
| 2014 | 8.47% | 3.55% | 0.74x | 3.20x | ₩-4.31 Billion |
| 2015 | 18.83% | 9.42% | 0.69x | 2.88x | ₩30.21 Billion |
| 2016 | 3.12% | 1.58% | 0.71x | 2.78x | ₩-24.01 Billion |
| 2017 | 11.18% | 5.52% | 0.78x | 2.59x | ₩4.49 Billion |
| 2018 | -2.24% | -0.98% | 0.85x | 2.70x | ₩-44.71 Billion |
| 2019 | 1.25% | 0.52% | 0.88x | 2.76x | ₩-31.96 Billion |
| 2020 | 3.77% | 1.65% | 0.81x | 2.83x | ₩-23.13 Billion |
| 2021 | 0.43% | 0.17% | 0.90x | 2.87x | ₩-35.21 Billion |
| 2022 | 6.34% | 2.41% | 0.89x | 2.98x | ₩-14.41 Billion |
| 2023 | 6.16% | 2.10% | 1.02x | 2.87x | ₩-15.90 Billion |
| 2024 | 10.79% | 4.07% | 1.03x | 2.58x | ₩3.73 Billion |
Industry Comparison
This section compares Noroo Holdings Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,262,284,909,827
- Average return on equity (ROE) among peers: 6.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Noroo Holdings Co Ltd (000325) | ₩793.48 Billion | 9.75% | 0.58x | $5.20 Million |
| DL Holdings CO. LTD. (000210) | $4.75 Trillion | 1.28% | 1.56x | $1.01 Billion |
| DL Holdings Co Ltd Preferred (000215) | $5.15 Trillion | 5.16% | 1.41x | $34.58 Million |
| Norooholdings (000320) | $272.56 Billion | 3.14% | 1.23x | $153.49 Million |
| Samhwa Paint (000390) | $120.78 Billion | 8.80% | 1.21x | $158.92 Million |
| Kangnam Jevisco Co Ltd (000860) | $484.92 Billion | 4.78% | 0.21x | $148.36 Million |
| Paik Kwang Ind (001340) | $189.54 Billion | 7.86% | 0.90x | $219.31 Million |
| Bo Lak (002760) | $43.76 Billion | 2.53% | 0.22x | $46.56 Million |
| Songwon Industrial (004430) | $202.35 Billion | 10.96% | 2.28x | $257.79 Million |
| Cho Kwang Pain (004910) | $150.26 Billion | 11.15% | 0.61x | $33.78 Million |
About Noroo Holdings Co Ltd
NOROO Holdings Co., Ltd. operates as a general fine chemical company in South Korea. It produces industrial materials, such as paints, inks, and resins; and color chemicals used in automobiles and building interiors, as well as offers plastic products for automobiles and home appliances. The company is also involved in the distribution, processing, sale, and seed cultivation of agricultural produ… Read more