Taihan Electric Wire Co Ltd
Taihan Cable & Solution Co., Ltd. manufactures, processes, and sells electric wires, cables, and related products worldwide. The company offers power generation products, such as transmission cables, distribution cables, industrial cables, heating systems, and busducts; renewable energy cables comprising submarine and solar power cables; communication cables, including LAN, coaxial, railway, loca… Read more
Taihan Electric Wire Co Ltd (001440) - Net Assets
Latest net assets as of September 2025: ₩1.55 Trillion KRW
Based on the latest financial reports, Taihan Electric Wire Co Ltd (001440) has net assets worth ₩1.55 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩2.98 Trillion) and total liabilities (₩1.43 Trillion). 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 | ₩1.55 Trillion |
| % of Total Assets | 51.95% |
| Annual Growth Rate | 4.65% |
| 5-Year Change | 316.01% |
| 10-Year Change | 322.34% |
| Growth Volatility | 84.52 |
Taihan Electric Wire Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Taihan Electric Wire Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Taihan Electric Wire Co Ltd (2000–2024)
The table below shows the annual net assets of Taihan Electric Wire Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.50 Trillion | +56.94% |
| 2023-12-31 | ₩953.29 Billion | +8.06% |
| 2022-12-31 | ₩882.20 Billion | +127.51% |
| 2021-12-31 | ₩387.76 Billion | +7.82% |
| 2020-12-31 | ₩359.63 Billion | +15.03% |
| 2019-12-31 | ₩312.65 Billion | -2.88% |
| 2018-12-31 | ₩321.92 Billion | -4.75% |
| 2017-12-31 | ₩337.98 Billion | +12.99% |
| 2016-12-31 | ₩299.12 Billion | -15.56% |
| 2015-12-31 | ₩354.25 Billion | +382.49% |
| 2014-12-31 | ₩73.42 Billion | -72.92% |
| 2013-12-31 | ₩271.12 Billion | +44.15% |
| 2012-12-31 | ₩188.09 Billion | -42.04% |
| 2011-12-31 | ₩324.50 Billion | -59.98% |
| 2010-12-31 | ₩810.81 Billion | -28.11% |
| 2009-12-31 | ₩1.13 Trillion | -21.99% |
| 2008-12-31 | ₩1.45 Trillion | +9.81% |
| 2007-12-31 | ₩1.32 Trillion | +3.27% |
| 2006-12-31 | ₩1.27 Trillion | +13.91% |
| 2005-12-31 | ₩1.12 Trillion | +31.60% |
| 2004-12-31 | ₩850.52 Billion | +9.82% |
| 2003-12-31 | ₩774.49 Billion | +8.06% |
| 2002-12-31 | ₩716.71 Billion | +26.58% |
| 2001-12-31 | ₩566.19 Billion | +12.61% |
| 2000-12-31 | ₩502.81 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taihan Electric Wire 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 38516515800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩385.17 Billion | 26.14% |
| Other Components | ₩1.09 Trillion | 73.86% |
| Total Equity | ₩1.47 Trillion | 100.00% |
Taihan Electric Wire Co Ltd Competitors by Market Cap
The table below lists competitors of Taihan Electric Wire Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Genesis Energy LP
NYSE:GEL
|
$2.16 Billion |
|
Serco Group plc
PINK:SECCF
|
$2.16 Billion |
|
Puma SE
PINK:PMMAF
|
$2.16 Billion |
|
Yadea Group Holdings Ltd
PINK:YADGF
|
$2.16 Billion |
|
FREEDOM HLDG DL-001
F:DMW2
|
$2.15 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
$2.15 Billion |
|
Ashland Global Holdings Inc
NYSE:ASH
|
$2.15 Billion |
|
Liquidia Technologies Inc
NASDAQ:LQDA
|
$2.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taihan Electric Wire Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 936,501,596,000 to 1,473,203,572,000, a change of 536,701,976,000 (57.3%).
- Net income of 70,445,444,000 contributed positively to equity growth.
- New share issuances of 459,311,264,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩70.45 Billion | +4.78% |
| Share Issuances | ₩459.31 Billion | +31.18% |
| Other Changes | ₩6.95 Billion | +0.47% |
| Total Change | ₩- | 57.31% |
Book Value vs Market Value Analysis
This analysis compares Taihan Electric Wire 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: 3.70x
- 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 decreased from 76.60x to 3.70x 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 | ₩383.18 | ₩29350.00 | x |
| 2018-12-31 | ₩360.63 | ₩29350.00 | x |
| 2019-12-31 | ₩349.21 | ₩29350.00 | x |
| 2020-12-31 | ₩405.99 | ₩29350.00 | x |
| 2021-12-31 | ₩403.00 | ₩29350.00 | x |
| 2022-12-31 | ₩700.07 | ₩29350.00 | x |
| 2023-12-31 | ₩6806.70 | ₩29350.00 | x |
| 2024-12-31 | ₩7930.81 | ₩29350.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taihan Electric Wire 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): 4.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.14%
- • Asset Turnover: 1.25x
- • Equity Multiplier: 1.79x
- Recent ROE (4.78%) is above the historical average (-90.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 6.23% | 2.43% | 0.99x | 2.60x | ₩-18.89 Billion |
| 2001 | 8.47% | 3.54% | 0.95x | 2.52x | ₩-8.54 Billion |
| 2002 | 11.00% | 4.90% | 0.66x | 3.40x | ₩6.02 Billion |
| 2003 | 6.47% | 3.04% | 0.63x | 3.37x | ₩-23.45 Billion |
| 2004 | 6.71% | 2.31% | 0.82x | 3.54x | ₩-22.28 Billion |
| 2005 | 15.75% | 7.42% | 0.76x | 2.81x | ₩52.67 Billion |
| 2006 | 9.82% | 3.81% | 0.96x | 2.68x | ₩-1.88 Billion |
| 2007 | 7.18% | 2.43% | 0.69x | 4.26x | ₩-29.99 Billion |
| 2008 | 7.93% | 1.48% | 0.69x | 7.74x | ₩-18.21 Billion |
| 2013 | -224.38% | -23.18% | 1.11x | 8.69x | ₩-608.49 Billion |
| 2014 | -1746.31% | -10.25% | 1.13x | 150.73x | ₩-218.30 Billion |
| 2015 | -14.49% | -2.65% | 1.09x | 5.04x | ₩-75.52 Billion |
| 2016 | -5.70% | -1.31% | 1.04x | 4.17x | ₩-49.53 Billion |
| 2017 | -13.38% | -2.73% | 1.19x | 4.12x | ₩-75.80 Billion |
| 2018 | -0.97% | -0.18% | 1.41x | 3.84x | ₩-33.48 Billion |
| 2019 | -4.06% | -0.77% | 1.26x | 4.18x | ₩-41.57 Billion |
| 2020 | 0.86% | 0.19% | 1.33x | 3.48x | ₩-31.49 Billion |
| 2021 | 7.48% | 1.40% | 1.41x | 3.81x | ₩-9.40 Billion |
| 2022 | 2.38% | 0.84% | 1.51x | 1.87x | ₩-66.06 Billion |
| 2023 | 7.54% | 2.48% | 1.51x | 2.01x | ₩-23.03 Billion |
| 2024 | 4.78% | 2.14% | 1.25x | 1.79x | ₩-76.87 Billion |
Industry Comparison
This section compares Taihan Electric Wire Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,125,435,412,633
- Average return on equity (ROE) among peers: 9.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taihan Electric Wire Co Ltd (001440) | ₩1.55 Trillion | 6.23% | 0.92x | $2.16 Billion |
| Kumho Electric (001210) | $270.12 Billion | 2.72% | 1.03x | $23.32 Million |
| Posco Chemical Co Ltd (003670) | $758.13 Billion | 17.43% | 0.25x | $4.82 Billion |
| Sebang Global Battery Co Ltd (004490) | $699.00 Billion | 8.79% | 0.33x | $219.02 Million |
| LS Corp (006260) | $815.35 Billion | 10.11% | 1.04x | $3.09 Billion |
| Daewon Cable (006340) | $81.39 Billion | 1.52% | 1.35x | $200.78 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $87.64 Billion | 1.49% | 1.74x | $70.84 Million |
| Samsung SDI (006400) | $2.47 Trillion | 21.35% | 1.29x | $15.87 Billion |
| Samsung Sdi Co Pref (006405) | $12.23 Trillion | 5.74% | 0.58x | $7.71 Billion |
| LS Electric (010120) | $1.72 Trillion | 11.95% | 1.17x | $7.59 Billion |