Tongyang 3PB Preffered
Tongyang Inc. manufactures and sells ready-mixed concrete materials. It manufactures and distributes construction materials, such as ready-mixed concrete and aggregates; and distributes construction materials, including ready-mixed concrete, steel reinforcement, thermal insulation materials, tiles, sanitary wares, and plaster boards. The company is also involved in housing construction projects f… Read more
Tongyang 3PB Preffered (001529) - Net Assets
Latest net assets as of June 2025: ₩700.86 Billion KRW
Based on the latest financial reports, Tongyang 3PB Preffered (001529) has net assets worth ₩700.86 Billion KRW as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.30 Trillion) and total liabilities (₩601.94 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 | ₩700.86 Billion |
| % of Total Assets | 53.8% |
| Annual Growth Rate | N/A |
| 5-Year Change | -9.54% |
| 10-Year Change | -26.54% |
| Growth Volatility | 47.95 |
Tongyang 3PB Preffered - Net Assets Trend (2013–2024)
This chart illustrates how Tongyang 3PB Preffered's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tongyang 3PB Preffered (2013–2024)
The table below shows the annual net assets of Tongyang 3PB Preffered from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩705.18 Billion | -10.54% |
| 2023-12-31 | ₩788.24 Billion | +0.60% |
| 2022-12-31 | ₩783.53 Billion | -0.06% |
| 2021-12-31 | ₩783.99 Billion | +0.57% |
| 2020-12-31 | ₩779.59 Billion | -4.83% |
| 2019-12-31 | ₩819.15 Billion | -1.79% |
| 2018-12-31 | ₩834.11 Billion | -2.06% |
| 2017-12-31 | ₩851.65 Billion | -1.28% |
| 2016-12-31 | ₩862.69 Billion | -10.13% |
| 2015-12-31 | ₩959.98 Billion | +156.03% |
| 2014-12-31 | ₩374.95 Billion | +177.87% |
| 2013-12-31 | ₩-481.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tongyang 3PB Preffered'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 94332635196000.0% 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 3PB Preffered Competitors by Market Cap
The table below lists competitors of Tongyang 3PB Preffered ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nueva Expresión Textil S.A.
MC:NXT
|
$159.80 Million |
|
BW Energy Limited
PINK:BWEFF
|
$159.81 Million |
|
Kalekim Kimyevi Maddeler Sanayi & Ticaret AS
IS:KLKIM
|
$159.82 Million |
|
Wee Hur Holdings Ltd
F:3YM
|
$159.84 Million |
|
San Fang Chemical Industry Co Ltd
TW:1307
|
$159.74 Million |
|
Computer Programs and Systems Inc
F:PS1
|
$159.71 Million |
|
Emro Inc.
KQ:058970
|
$159.67 Million |
|
Inmobiliaria del Sur SA
MC:ISUR
|
$159.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tongyang 3PB Preffered'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 3PB Preffered'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: 0.56x
- 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 | ₩2095.00 | x |
| 2018-12-31 | ₩4110.05 | ₩2095.00 | x |
| 2019-12-31 | ₩4053.15 | ₩2095.00 | x |
| 2020-12-31 | ₩3973.82 | ₩2095.00 | x |
| 2021-12-31 | ₩4026.86 | ₩2095.00 | x |
| 2022-12-31 | ₩4061.65 | ₩2095.00 | x |
| 2023-12-31 | ₩4153.27 | ₩2095.00 | x |
| 2024-12-31 | ₩3715.59 | ₩2095.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tongyang 3PB Preffered 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 (19.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -106.51% | 0.50x | 0.00x | ₩-555.93 Billion |
| 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 |
Industry Comparison
This section compares Tongyang 3PB Preffered's net assets metrics with peer companies in the Construction Materials industry.
Industry Context
- Industry: Construction Materials
- Average net assets among peers: $54,659,068,000
- Average return on equity (ROE) among peers: 21.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tongyang 3PB Preffered (001529) | ₩700.86 Billion | 0.00% | 0.86x | $159.76 Million |
| Seosan Corporation (079650) | $54.66 Billion | 21.57% | 0.19x | $6.88 Million |