Tongyang Inc (001527) - Net Assets

Latest as of December 2025: ₩756.90 Billion KRW ≈ $512.94 Million USD

Based on the latest financial reports, Tongyang Inc (001527) has net assets worth ₩756.90 Billion KRW (≈ $512.94 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.45 Trillion ≈ $985.93 Million USD) and total liabilities (₩697.95 Billion ≈ $472.99 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 Inc (001527) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩756.90 Billion
% of Total Assets	52.03%
Annual Growth Rate	6.59%
5-Year Change	-3.46%
10-Year Change	-12.26%
Growth Volatility	45.74

Tongyang Inc - Net Assets Trend (2014–2025)

This chart illustrates how Tongyang Inc's net assets have evolved over time, based on quarterly financial data. See 001527 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Tongyang Inc (2014–2025)

The table below shows the annual net assets of Tongyang Inc from 2014 to 2025. For live valuation and market cap data, see Tongyang Inc market capitalisation.

Year	Net Assets	Change
2025-12-31	₩756.90 Billion ≈ $512.94 Million	+7.33%
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	--

Equity Component Analysis

This analysis shows how different components contribute to Tongyang Inc'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 39518021714000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩123.87 Billion	17.04%
Other Components	₩602.89 Billion	82.96%
Total Equity	₩726.75 Billion	100.00%

Tongyang Inc Competitors by Market Cap

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

Company	Market Cap
Handal Resources Bhd KLSE:7253	$1.13 Million
Universal Ibogaine Inc V:IBO	$1.13 Million
Devolver Digital Inc LSE:DEVO	$1.13 Million
Starbox Group Holdings Ltd. Ordinary Shares NASDAQ:STBX	$1.14 Million
Savoreat Ltd TA:SVRT	$1.13 Million
Distribution Finance Capital Holdings PLC LSE:DFCH	$1.13 Million
Im Cannabis Corp NASDAQ:IMCC	$1.13 Million
US Financial 15 Split Corp TO:FTU	$1.13 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 705,234,044,610 to 726,754,309,840, a change of 21,520,265,230 (3.1%).
Net income of 20,076,904,630 contributed positively to equity growth.
New share issuances of 30,000,000,000 increased equity.
Other factors decreased equity by 28,556,639,400.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩20.08 Billion	+2.76%
Share Issuances	₩30.00 Billion	+4.13%
Other Changes	₩-28.56 Billion	-3.93%
Total Change	₩-	3.05%

Book Value vs Market Value Analysis

This analysis compares Tongyang Inc'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: 1.80x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 1.67x to 1.80x 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	₩4149.09	₩6910.00	x
2018-12-31	₩4110.05	₩6910.00	x
2019-12-31	₩4053.15	₩6910.00	x
2020-12-31	₩3973.82	₩6910.00	x
2021-12-31	₩4026.86	₩6910.00	x
2022-12-31	₩4061.65	₩6910.00	x
2023-12-31	₩4153.27	₩6910.00	x
2024-12-31	₩3715.59	₩6910.00	x
2025-12-31	₩3828.97	₩6910.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tongyang Inc 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): 2.76%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.18%
• Asset Turnover: 0.43x
• Equity Multiplier: 2.00x
Recent ROE (2.76%) is below the historical average (19.48%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	170.75%	167.26%	0.46x	2.22x	₩600.29 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
2025	2.76%	3.18%	0.43x	2.00x	₩-52.60 Billion

Industry Comparison

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

Industry Context

Industry: Building Materials
Average net assets among peers: $486,533,355,471
Average return on equity (ROE) among peers: -4.27%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Tongyang Inc (001527)	₩756.90 Billion	170.75%	0.92x	$1.13 Million
Chosun Refractories Co Ltd (000480)	$517.79 Billion	5.36%	0.99x	$132.94 Million
Union Corporation (000910)	$193.58 Billion	2.80%	0.36x	$33.06 Million
Tongyang (001520)	$779.59 Billion	-3.01%	0.28x	$72.67 Million
Tongyang Inc (001525)	$862.69 Billion	2.82%	0.16x	$664.01 Million
Asia Cement (002030)	$652.87 Billion	2.60%	0.54x	$208.69 Million
Hanil Cement Co Ltd (003300)	$934.74 Billion	6.34%	0.19x	$361.88 Million
Korea Petroleum Industries Co (004090)	$21.04 Billion	5.80%	1.54x	$99.38 Million
Samil C&S Co Ltd (004440)	$278.77 Billion	0.96%	0.21x	$40.34 Million
TWay Holdings (004870)	$137.74 Billion	-62.05%	4.56x	$29.22 Million

About Tongyang Inc

KO:001527 Korea Building Materials

Market Cap

$1.13 Million

₩1.67 Billion KRW

Market Cap Rank

#30435 Global

#2041 in Korea

Share Price

₩6910.00

Change (1 day)

-4.03%

52-Week Range

₩6660.00 - ₩13280.00

All Time High

₩38028.51