Papercorea
PaperCorea Inc. engages in the manufacture and sale of paper products in South Korea and internationally. The paper manufacturing business include sack kraft papers, shopping bags, woven lamination paper, container board, and newsprint products, as well as specialty papers for PCB, saturating paper, saturating news, etc. It also develops real estate projects, such as residential, commercial, and … Read more
Papercorea (001020) - Net Assets
Latest net assets as of September 2025: ₩271.59 Billion KRW
Based on the latest financial reports, Papercorea (001020) has net assets worth ₩271.59 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩485.02 Billion) and total liabilities (₩213.43 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 | ₩271.59 Billion |
| % of Total Assets | 56.0% |
| Annual Growth Rate | 4.42% |
| 5-Year Change | 911.61% |
| 10-Year Change | 141.26% |
| Growth Volatility | 103.69 |
Papercorea - Net Assets Trend (2009–2024)
This chart illustrates how Papercorea's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Papercorea (2009–2024)
The table below shows the annual net assets of Papercorea from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩283.76 Billion | -3.86% |
| 2023-12-31 | ₩295.15 Billion | +379.03% |
| 2022-12-31 | ₩61.61 Billion | +35.77% |
| 2021-12-31 | ₩45.38 Billion | +61.78% |
| 2020-12-31 | ₩28.05 Billion | +115.09% |
| 2019-12-31 | ₩13.04 Billion | -53.18% |
| 2018-12-31 | ₩27.85 Billion | -55.55% |
| 2017-12-31 | ₩62.66 Billion | -47.23% |
| 2016-12-31 | ₩118.74 Billion | +0.96% |
| 2015-12-31 | ₩117.62 Billion | -27.37% |
| 2014-12-31 | ₩161.95 Billion | +43.50% |
| 2013-12-31 | ₩112.85 Billion | -8.22% |
| 2012-12-31 | ₩122.97 Billion | +3.86% |
| 2011-12-31 | ₩118.39 Billion | -19.49% |
| 2010-12-31 | ₩147.05 Billion | -0.89% |
| 2009-12-31 | ₩148.36 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Papercorea'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 decreased by 370.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩395.26 Billion | 139.29% |
| Total Equity | ₩283.76 Billion | 100.00% |
Papercorea Competitors by Market Cap
The table below lists competitors of Papercorea ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jeong Moon Information. Co. Ltd
KQ:033050
|
$10.80 Million |
|
Fantasma Games AB
ST:FAGA
|
$10.81 Million |
|
Global Oil & Gas Limited
PINK:BAKPF
|
$10.81 Million |
|
FACILITIES BY ADF LS-01
F:ZC8
|
$10.81 Million |
|
Ridgetech, Inc.
NASDAQ:RDGT
|
$10.80 Million |
|
Quickfee Ltd
AU:QFE
|
$10.80 Million |
|
Shinhung
KO:004080
|
$10.80 Million |
|
Chin Yang Chem
KO:051630
|
$10.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Papercorea's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 295,149,612,020 to 283,757,034,830, a change of -11,392,577,190 (-3.9%).
- Net loss of 9,684,330,620 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-9.68 Billion | -3.41% |
| Other Changes | ₩-1.71 Billion | -0.6% |
| Total Change | ₩- | -3.86% |
Book Value vs Market Value Analysis
This analysis compares Papercorea'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: 0.42x
- 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 increased from 0.20x to 0.42x 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 | ₩3394.09 | ₩665.00 | x |
| 2018-12-31 | ₩1141.41 | ₩665.00 | x |
| 2019-12-31 | ₩435.89 | ₩665.00 | x |
| 2020-12-31 | ₩749.14 | ₩665.00 | x |
| 2021-12-31 | ₩1114.34 | ₩665.00 | x |
| 2022-12-31 | ₩1296.92 | ₩665.00 | x |
| 2023-12-31 | ₩1658.88 | ₩665.00 | x |
| 2024-12-31 | ₩1594.84 | ₩665.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Papercorea 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): -3.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.34%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.73x
- Recent ROE (-3.41%) is above the historical average (-42.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 1.26% | 0.88% | 0.58x | 2.48x | ₩-12.83 Billion |
| 2012 | 2.60% | 1.22% | 0.59x | 3.62x | ₩-8.88 Billion |
| 2013 | -9.60% | -3.88% | 0.60x | 4.13x | ₩-21.51 Billion |
| 2014 | -15.24% | -9.72% | 0.50x | 3.16x | ₩-40.35 Billion |
| 2015 | -51.27% | -24.24% | 0.44x | 4.79x | ₩-70.91 Billion |
| 2016 | -31.90% | -8.82% | 0.78x | 4.65x | ₩-48.88 Billion |
| 2017 | -167.43% | -18.39% | 0.83x | 10.92x | ₩-108.47 Billion |
| 2018 | -136.67% | -9.23% | 0.70x | 21.13x | ₩-40.84 Billion |
| 2019 | -213.45% | -10.48% | 0.42x | 48.15x | ₩-29.13 Billion |
| 2020 | 0.86% | 0.05% | 0.95x | 18.14x | ₩-2.56 Billion |
| 2021 | 20.37% | 2.12% | 0.88x | 10.96x | ₩4.71 Billion |
| 2022 | -2.97% | -0.45% | 0.82x | 8.15x | ₩-7.99 Billion |
| 2023 | 5.16% | 4.21% | 0.74x | 1.67x | ₩-14.28 Billion |
| 2024 | -3.41% | -3.34% | 0.59x | 1.73x | ₩-38.06 Billion |
Industry Comparison
This section compares Papercorea's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $327,735,795,241
- Average return on equity (ROE) among peers: 1.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Papercorea (001020) | ₩271.59 Billion | 1.26% | 0.79x | $10.80 Million |
| Asia Paper (002310) | $469.11 Billion | 4.10% | 0.53x | $99.62 Million |
| Hansol Holdings Co Ltd (004150) | $597.33 Billion | 8.04% | 0.21x | $67.38 Million |
| Kleannara (004540) | $63.58 Billion | 2.20% | 6.33x | $19.40 Million |
| Kleannara Co Ltd (004545) | $204.10 Billion | -0.74% | 1.54x | $41.23 Million |
| Young Poong Pa (006740) | $94.39 Billion | 5.82% | 0.29x | $14.07 Million |
| Moorim Paper (009200) | $724.75 Billion | 5.61% | 2.43x | $26.73 Million |
| Han Chang Pape (009460) | $37.12 Billion | -31.18% | 3.27x | $12.03 Million |
| Moorim P&P Co Ltd (009580) | $548.26 Billion | 2.42% | 1.22x | $33.76 Million |
| Sam Jung Pulp (009770) | $210.97 Billion | 12.73% | 0.10x | $14.29 Million |