Bohae Brewery (000890) - Net Assets
Based on the latest financial reports, Bohae Brewery (000890) has net assets worth ₩88.76 Billion KRW (≈ $60.15 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 (₩143.36 Billion ≈ $97.15 Million USD) and total liabilities (₩54.60 Billion ≈ $37.00 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 000890 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩88.76 Billion |
| % of Total Assets | 61.92% |
| Annual Growth Rate | 0.72% |
| 5-Year Change | 10.67% |
| 10-Year Change | -15.87% |
| Growth Volatility | 20.44 |
Bohae Brewery - Net Assets Trend (2000–2024)
This chart illustrates how Bohae Brewery's net assets have evolved over time, based on quarterly financial data. See Bohae Brewery (000890) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Bohae Brewery (2000–2024)
The table below shows the annual net assets of Bohae Brewery from 2000 to 2024. For live valuation and market cap data, see 000890 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩87.04 Billion ≈ $58.99 Million |
+8.79% |
| 2023-12-31 | ₩80.01 Billion ≈ $54.22 Million |
-2.96% |
| 2022-12-31 | ₩82.46 Billion ≈ $55.88 Million |
-2.13% |
| 2021-12-31 | ₩84.25 Billion ≈ $57.09 Million |
+7.12% |
| 2020-12-31 | ₩78.65 Billion ≈ $53.30 Million |
-1.70% |
| 2019-12-31 | ₩80.01 Billion ≈ $54.22 Million |
+15.31% |
| 2018-12-31 | ₩69.39 Billion ≈ $47.02 Million |
-30.33% |
| 2017-12-31 | ₩99.60 Billion ≈ $67.50 Million |
+0.19% |
| 2016-12-31 | ₩99.41 Billion ≈ $67.37 Million |
-3.91% |
| 2015-12-31 | ₩103.46 Billion ≈ $70.11 Million |
+29.16% |
| 2014-12-31 | ₩80.10 Billion ≈ $54.28 Million |
+55.40% |
| 2013-12-31 | ₩51.55 Billion ≈ $34.93 Million |
+9.30% |
| 2012-12-31 | ₩47.16 Billion ≈ $31.96 Million |
-8.14% |
| 2011-12-31 | ₩51.34 Billion ≈ $34.79 Million |
+0.69% |
| 2010-12-31 | ₩50.99 Billion ≈ $34.55 Million |
-59.23% |
| 2009-12-31 | ₩125.07 Billion ≈ $84.76 Million |
+19.63% |
| 2008-12-31 | ₩104.55 Billion ≈ $70.85 Million |
+7.50% |
| 2007-12-31 | ₩97.25 Billion ≈ $65.91 Million |
+9.28% |
| 2006-12-31 | ₩88.99 Billion ≈ $60.31 Million |
+22.93% |
| 2005-12-31 | ₩72.39 Billion ≈ $49.06 Million |
-8.87% |
| 2004-12-31 | ₩79.44 Billion ≈ $53.83 Million |
+9.89% |
| 2003-12-31 | ₩72.29 Billion ≈ $48.99 Million |
+7.62% |
| 2002-12-31 | ₩67.17 Billion ≈ $45.52 Million |
-9.62% |
| 2001-12-31 | ₩74.32 Billion ≈ $50.37 Million |
+1.31% |
| 2000-12-31 | ₩73.36 Billion ≈ $49.71 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Bohae Brewery'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 291611511000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩2.92 Billion | 3.35% |
| Other Components | ₩84.13 Billion | 96.65% |
| Total Equity | ₩87.04 Billion | 100.00% |
Bohae Brewery Competitors by Market Cap
The table below lists competitors of Bohae Brewery ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sporting Clube de Portugal - Futebol SAD
LS:SCP
|
$197.95 Million |
|
QDRO Acquisition Corp. Class A Ordinary Shares
NASDAQ:QADR
|
$198.00 Million |
|
Bukaka Teknik Utama Tbk Pt
JK:BUKK
|
$198.04 Million |
|
Sapura Energy Bhd
KLSE:5218
|
$198.13 Million |
|
SEG International Bhd
KLSE:9792
|
$197.87 Million |
|
Eurocash S.A.
WAR:EUR
|
$197.82 Million |
|
Kore Potash Plc
AU:KP2
|
$197.76 Million |
|
QuantumSi Inc
NASDAQ:QSI
|
$197.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bohae Brewery's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 80,013,889,450 to 87,043,381,310, a change of 7,029,491,860 (8.8%).
- Net income of 6,685,688,830 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.69 Billion | +7.68% |
| Other Changes | ₩343.80 Million | +0.39% |
| Total Change | ₩- | 8.79% |
Book Value vs Market Value Analysis
This analysis compares Bohae Brewery'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: 3.40x
- 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 increased from 2.06x to 3.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩1032.36 | ₩2130.00 | x |
| 2018-12-31 | ₩718.85 | ₩2130.00 | x |
| 2019-12-31 | ₩635.13 | ₩2130.00 | x |
| 2020-12-31 | ₩617.31 | ₩2130.00 | x |
| 2021-12-31 | ₩616.12 | ₩2130.00 | x |
| 2022-12-31 | ₩592.89 | ₩2130.00 | x |
| 2023-12-31 | ₩575.33 | ₩2130.00 | x |
| 2024-12-31 | ₩625.87 | ₩2130.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bohae Brewery 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): 7.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.63%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.59x
- Recent ROE (7.68%) is below the historical average (23.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 1.09% | 0.70% | 0.39x | 3.96x | ₩-6.43 Billion |
| 2003 | 1.57% | 0.62% | 0.39x | 6.46x | ₩-4.97 Billion |
| 2004 | 3.18% | 1.16% | 0.42x | 6.48x | ₩-4.16 Billion |
| 2005 | 8.48% | 4.60% | 0.30x | 6.08x | ₩-1.06 Billion |
| 2006 | 8.07% | 4.14% | 0.29x | 6.83x | ₩-1.47 Billion |
| 2007 | 8.30% | 3.96% | 0.29x | 7.33x | ₩-1.41 Billion |
| 2008 | 6.61% | 3.04% | 0.22x | 9.88x | ₩-2.97 Billion |
| 2009 | 8.08% | 3.43% | 0.19x | 12.17x | ₩-1.85 Billion |
| 2011 | 474.62% | 191.84% | 0.53x | 4.64x | ₩244.63 Billion |
| 2013 | 4.66% | 2.01% | 0.56x | 4.12x | ₩-2.76 Billion |
| 2014 | 6.27% | 4.09% | 0.58x | 2.63x | ₩-2.99 Billion |
| 2015 | 8.51% | 7.10% | 0.57x | 2.12x | ₩-1.53 Billion |
| 2016 | -7.26% | -6.25% | 0.53x | 2.20x | ₩-17.17 Billion |
| 2017 | 10.80% | 10.81% | 0.46x | 2.19x | ₩793.67 Million |
| 2018 | -40.17% | -33.99% | 0.41x | 2.89x | ₩-34.81 Billion |
| 2019 | -18.35% | -19.32% | 0.45x | 2.09x | ₩-22.68 Billion |
| 2020 | 2.18% | 2.19% | 0.53x | 1.90x | ₩-6.15 Billion |
| 2021 | -1.08% | -1.09% | 0.55x | 1.82x | ₩-9.33 Billion |
| 2022 | -3.43% | -3.11% | 0.62x | 1.79x | ₩-11.07 Billion |
| 2023 | -4.44% | -3.82% | 0.65x | 1.79x | ₩-11.56 Billion |
| 2024 | 7.68% | 7.63% | 0.63x | 1.59x | ₩-2.02 Billion |
Industry Comparison
This section compares Bohae Brewery's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.
Industry Context
- Industry: Beverages - Wineries & Distilleries
- Average net assets among peers: $554,090,864,838
- Average return on equity (ROE) among peers: 1.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bohae Brewery (000890) | ₩88.76 Billion | 1.09% | 0.62x | $197.87 Million |
| Hite Jinro (000080) | $1.15 Trillion | 8.34% | 1.99x | $720.64 Million |
| HiteJinro Co Ltd (000087) | $1.03 Trillion | -4.10% | 2.17x | $9.77 Million |
| Changhae Ethanol Co. Ltd (004650) | $109.16 Billion | 4.58% | 2.51x | $46.79 Million |
| Mhethanol Co. Ltd. (023150) | $42.67 Billion | -10.02% | 2.15x | $17.81 Million |
| Muhak Co. Ltd (033920) | $435.94 Billion | 6.61% | 0.28x | $134.08 Million |
About Bohae Brewery
BOHAE BREWERY Co., Ltd. manufactures and sells liquor products in South Korea. It offers alcohol products and wines under the Leaves, Bokbunjaju, Original, Soonhee, Brother Soda, Bohae Gold, and Millennium, BIDAN, and HOUKAI brands. The company also provides liquid tea products, carbonated and concentrated liquid drinks, fruit and vegetable drinks, and plum extract products under the Maewon, Maew… Read more