Tongyang (001520) - Net Assets

Latest as of September 2025: ₩692.59 Billion KRW ≈ $469.36 Million USD

Based on the latest financial reports, Tongyang (001520) has net assets worth ₩692.59 Billion KRW (≈ $469.36 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 (₩1.31 Trillion ≈ $887.23 Million USD) and total liabilities (₩616.60 Billion ≈ $417.86 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 Tongyang (001520) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩692.59 Billion
% of Total Assets	52.9%
Annual Growth Rate	4.23%
5-Year Change	-9.54%
10-Year Change	-26.54%
Growth Volatility	88.23

Tongyang - Net Assets Trend (2000–2024)

This chart illustrates how Tongyang's net assets have evolved over time, based on quarterly financial data. Also explore how large is Tongyang's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Tongyang (2000–2024)

The table below shows the annual net assets of Tongyang from 2000 to 2024. For live valuation and market cap data, see Tongyang (001520) total market value.

Year	Net Assets	Change
2024-12-31	₩705.18 Billion ≈ $477.89 Million	-10.54%
2023-12-31	₩788.24 Billion ≈ $534.18 Million	+0.60%
2022-12-31	₩783.53 Billion ≈ $530.99 Million	-0.06%
2021-12-31	₩783.99 Billion ≈ $531.30 Million	+0.57%
2020-12-31	₩779.59 Billion ≈ $528.31 Million	-4.83%
2019-12-31	₩819.15 Billion ≈ $555.12 Million	-1.79%
2018-12-31	₩834.11 Billion ≈ $565.27 Million	-2.06%
2017-12-31	₩851.65 Billion ≈ $577.15 Million	-1.28%
2016-12-31	₩862.69 Billion ≈ $584.63 Million	-10.13%
2015-12-31	₩959.98 Billion ≈ $650.56 Million	+156.03%
2014-12-31	₩374.95 Billion ≈ $254.10 Million	+178.70%
2013-12-31	₩-476.44 Billion ≈ $-322.88 Million	-303.07%
2012-12-31	₩234.62 Billion ≈ $159.00 Million	-33.66%
2011-12-31	₩353.68 Billion ≈ $239.68 Million	+58.43%
2010-12-31	₩223.24 Billion ≈ $151.29 Million	-85.49%
2009-12-31	₩1.54 Trillion ≈ $1.04 Billion	+15.89%
2008-12-31	₩1.33 Trillion ≈ $899.48 Million	-11.28%
2007-12-31	₩1.50 Trillion ≈ $1.01 Billion	+34.32%
2006-12-31	₩1.11 Trillion ≈ $754.79 Million	+1368.19%
2005-12-31	₩-87.82 Billion ≈ $-59.52 Million	+62.54%
2004-12-31	₩-234.45 Billion ≈ $-158.89 Million	+55.37%
2003-12-31	₩-525.35 Billion ≈ $-356.02 Million	-60.15%
2002-12-31	₩-328.04 Billion ≈ $-222.31 Million	-363.49%
2001-12-31	₩-70.78 Billion ≈ $-47.96 Million	-127.13%
2000-12-31	₩260.89 Billion ≈ $176.80 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Tongyang'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 3398706278000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩33.99 Billion	4.82%
Other Components	₩671.25 Billion	95.18%
Total Equity	₩705.23 Billion	100.00%

Tongyang Competitors by Market Cap

The table below lists competitors of Tongyang ranked by their market capitalization.

Company	Market Cap
Gezinomi Seyahat Turizm Ticaret AS IS:GZNMI	$103.44 Million
Actinogen Medical Ltd AU:ACW	$103.45 Million
FSA Group Ltd AU:FSA	$103.52 Million
Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret IS:SMRTG	$103.54 Million
Provident Financial Holdings Inc NASDAQ:PROV	$103.40 Million
SA Catana Group PA:CATG	$103.36 Million
51 CREDIT CARD DL-00001 F:2JY	$103.36 Million
Lithium Chile Inc V:LITH	$103.34 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tongyang's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 788,307,419,470 to 705,234,044,610, a change of -83,073,374,860 (-10.5%).
Net loss of 74,232,812,320 reduced equity.
Dividend payments of 7,688,816,970 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩-74.23 Billion	-10.53%
Dividends Paid	₩7.69 Billion	-1.09%
Other Changes	₩-1.15 Billion	-0.16%
Total Change	₩-	-10.54%

Book Value vs Market Value Analysis

This analysis compares Tongyang'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: 0.22x
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.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	₩4149.09	₩804.00	x
2018-12-31	₩4110.05	₩804.00	x
2019-12-31	₩4053.15	₩804.00	x
2020-12-31	₩3973.82	₩804.00	x
2021-12-31	₩4026.86	₩804.00	x
2022-12-31	₩4061.65	₩804.00	x
2023-12-31	₩4153.27	₩804.00	x
2024-12-31	₩3715.59	₩804.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tongyang 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): -10.53%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -9.89%
• Asset Turnover: 0.57x
• Equity Multiplier: 1.87x
Recent ROE (-10.53%) is below the historical average (21.80%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	52.61%	2.43%	0.15x	142.94x	₩53.75 Billion
2013	0.00%	-106.51%	0.50x	0.00x	₩-555.93 Billion
2014	170.50%	167.25%	0.46x	2.22x	₩600.19 Billion
2015	64.93%	158.68%	0.33x	1.23x	₩527.10 Billion
2016	2.82%	5.53%	0.44x	1.16x	₩-61.93 Billion
2017	1.91%	3.37%	0.49x	1.15x	₩-68.94 Billion
2018	0.40%	0.63%	0.54x	1.17x	₩-80.17 Billion
2019	-0.05%	-0.07%	0.53x	1.24x	₩-82.57 Billion
2020	-2.98%	-3.89%	0.61x	1.27x	₩-102.24 Billion
2021	2.03%	2.31%	0.69x	1.26x	₩-63.61 Billion
2022	-0.56%	-0.57%	0.78x	1.26x	₩-82.76 Billion
2023	2.31%	2.10%	0.79x	1.39x	₩-60.64 Billion
2024	-10.53%	-9.89%	0.57x	1.87x	₩-144.76 Billion

Industry Comparison

This section compares Tongyang's net assets metrics with peer companies in the Building Materials industry.

Industry Context

Industry: Building Materials
Average net assets among peers: $532,176,448,118
Average return on equity (ROE) among peers: 25.06%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Tongyang (001520)	₩692.59 Billion	52.61%	0.89x	$103.42 Million
Chosun Refractories Co Ltd (000480)	$513.29 Billion	6.65%	0.94x	$143.15 Million
Union Corporation (000910)	$174.56 Billion	-5.79%	1.15x	$47.82 Million
Tongyang Inc (001525)	$374.95 Billion	170.06%	1.21x	$613.90 Million
Tongyang Inc (001527)	$834.11 Billion	0.40%	0.17x	$1.23 Million
Asia Cement (002030)	$534.91 Billion	1.23%	1.17x	$299.50 Million
Hanil Cement Co Ltd (003300)	$1.82 Trillion	2.69%	0.82x	$366.69 Million
Korea Petroleum Industries Co (004090)	$100.57 Billion	3.22%	1.35x	$137.42 Million
Samil C&S Co Ltd (004440)	$269.06 Billion	0.76%	0.32x	$70.92 Million
TWay Holdings (004870)	$164.73 Billion	46.32%	0.28x	$21.17 Million

About Tongyang

KO:001520 Korea Building Materials

Market Cap

$103.42 Million

₩152.60 Billion KRW

Market Cap Rank

#19058 Global

#1018 in Korea

Share Price

₩804.00

Change (1 day)

-0.99%

52-Week Range

₩537.00 - ₩1077.00

All Time High

₩2886.37