Kumyang

KO:001570 Korea Chemicals
Market Cap
$431.66 Million
₩632.04 Billion KRW
Market Cap Rank
#12561 Global
#313 in Korea
Share Price
₩9900.00
Change (1 day)
+0.00%
52-Week Range
₩9900.00 - ₩11520.00
All Time High
₩159100.00
Categories
Companies in Korea Chemicals
About

Kumyang Co., Ltd. manufactures and supplies a range of chemical materials. The company provides secondary cylindrical battery cell; eco-friendly blowing agents for use in mats, wallpaper, flooring, and shoes; chemical blowing agents for polyvinyl chloride(PVC), ethylene vinyl acetate, polyethylene or polypropylene, rubber, and other blowing agents; and capsule blowing agents used in PVC sandals, … Read more

Kumyang (001570) - Net Assets

Latest net assets as of June 2025: ₩486.13 Billion KRW

Based on the latest financial reports, Kumyang (001570) has net assets worth ₩486.13 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 (₩1.24 Trillion) and total liabilities (₩750.35 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 ₩486.13 Billion
% of Total Assets 39.32%
Annual Growth Rate 12.44%
5-Year Change 519.77%
10-Year Change 753.33%
Growth Volatility 44.55

Kumyang - Net Assets Trend (2000–2024)

This chart illustrates how Kumyang's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Kumyang (2000–2024)

The table below shows the annual net assets of Kumyang from 2000 to 2024.

Year Net Assets Change
2024-12-31 ₩494.54 Billion +100.59%
2023-12-31 ₩246.54 Billion +102.18%
2022-12-31 ₩121.94 Billion +3.86%
2021-12-31 ₩117.41 Billion +47.14%
2020-12-31 ₩79.79 Billion +16.85%
2019-12-31 ₩68.29 Billion -14.06%
2018-12-31 ₩79.46 Billion +37.96%
2017-12-31 ₩57.60 Billion +67.04%
2016-12-31 ₩34.48 Billion -40.50%
2015-12-31 ₩57.95 Billion +30.26%
2014-12-31 ₩44.49 Billion -2.34%
2013-12-31 ₩45.55 Billion +0.03%
2012-12-31 ₩45.54 Billion +0.81%
2011-12-31 ₩45.18 Billion +8.80%
2010-12-31 ₩41.52 Billion -2.63%
2009-12-31 ₩42.64 Billion -6.22%
2008-12-31 ₩45.47 Billion +112.20%
2007-12-31 ₩21.43 Billion +39.44%
2006-12-31 ₩15.37 Billion -0.03%
2005-12-31 ₩15.37 Billion +42.57%
2004-12-31 ₩10.78 Billion -3.92%
2003-12-31 ₩11.22 Billion +74.92%
2002-12-31 ₩6.42 Billion -78.11%
2001-12-31 ₩29.30 Billion -1.24%
2000-12-31 ₩29.67 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Kumyang'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 19844851905000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components ₩688.37 Billion 140.51%
Total Equity ₩489.92 Billion 100.00%

Kumyang Competitors by Market Cap

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

Company Market Cap
Wuhan Sanzhen Industry Holding Co Ltd
SHG:600168
 		$316.91 Million
Berli Jucker PCL
BK:BJC
 		$316.94 Million
Camelot Electronics Technology Co. Ltd. A
SHE:301282
 		$317.01 Million
Novavest Real Estate Ag
SW:NREN
 		$317.04 Million
Capital Bancorp
NASDAQ:CBNK
 		$316.74 Million
Indocement Tunggal Prakarsa
JK:INTP
 		$316.72 Million
Korea Petro Chemical Ind
KO:006650
 		$316.72 Million
Keystone Microtech Corp
TWO:6683
 		$316.72 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 195,630,461,040 to 489,922,825,090, a change of 294,292,364,050 (150.4%).
  • Net loss of 140,110,722,000 reduced equity.
  • New share issuances of 172,322,342,640 increased equity.
  • Other factors increased equity by 262,080,743,410.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩-140.11 Billion -28.6%
Share Issuances ₩172.32 Billion +35.17%
Other Changes ₩262.08 Billion +53.49%
Total Change ₩- 150.43%

Book Value vs Market Value Analysis

This analysis compares Kumyang'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: 1.25x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 6.43x to 1.25x 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 ₩1539.77 ₩9900.00 x
2018-12-31 ₩2061.52 ₩9900.00 x
2019-12-31 ₩1725.38 ₩9900.00 x
2020-12-31 ₩1900.88 ₩9900.00 x
2021-12-31 ₩2482.76 ₩9900.00 x
2022-12-31 ₩2188.16 ₩9900.00 x
2023-12-31 ₩3377.28 ₩9900.00 x
2024-12-31 ₩7941.36 ₩9900.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kumyang 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): -28.60%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -91.14%
  • • Asset Turnover: 0.12x
  • • Equity Multiplier: 2.57x
  • Recent ROE (-28.60%) is below the historical average (0.23%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 2.70% 0.48% 1.10x 5.11x ₩-636.63 Million
2005 39.73% 10.81% 1.29x 2.84x ₩4.57 Billion
2006 3.44% 1.09% 1.06x 2.97x ₩-1.01 Billion
2007 0.12% 0.05% 0.99x 2.54x ₩-2.12 Billion
2008 7.15% 4.73% 0.79x 1.91x ₩-1.30 Billion
2009 3.48% 1.87% 0.80x 2.33x ₩-2.78 Billion
2010 1.96% 0.81% 0.95x 2.56x ₩-3.34 Billion
2011 6.56% 2.70% 0.84x 2.90x ₩-1.55 Billion
2012 8.26% 3.01% 0.96x 2.84x ₩-779.42 Million
2013 1.47% 0.42% 1.06x 3.29x ₩-3.82 Billion
2014 -0.25% -0.07% 0.99x 3.67x ₩-4.48 Billion
2015 25.32% 9.10% 0.96x 2.90x ₩8.75 Billion
2016 -60.56% -12.12% 0.94x 5.30x ₩-23.82 Billion
2017 32.81% 10.35% 0.92x 3.44x ₩12.98 Billion
2018 25.70% 9.86% 1.00x 2.60x ₩12.37 Billion
2019 -16.07% -6.29% 0.77x 3.32x ₩-17.63 Billion
2020 -4.97% -2.23% 0.80x 2.78x ₩-11.85 Billion
2021 11.36% 6.12% 0.69x 2.68x ₩1.59 Billion
2022 -23.89% -13.67% 0.75x 2.32x ₩-41.32 Billion
2023 -30.85% -39.70% 0.22x 3.60x ₩-79.92 Billion
2024 -28.60% -91.14% 0.12x 2.57x ₩-189.10 Billion

Industry Comparison

This section compares Kumyang's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $1,385,780,683,193
  • Average return on equity (ROE) among peers: 6.16%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Kumyang (001570) ₩486.13 Billion 2.70% 1.54x $316.82 Million
Rifa Ind (000760) $181.15 Billion -1.86% 0.48x $8.66 Million
Sh E & Chemical Co. Ltd. (002360) $94.10 Billion 1.96% 0.32x $20.38 Million
KCC Corporation (002380) $5.09 Trillion 4.87% 0.38x $1.65 Billion
Miwon Commerci (002840) $239.21 Billion 9.14% 0.38x $100.20 Million
Taekwang Ind (003240) $3.48 Trillion 3.91% 0.25x $160.16 Million
Lotte Fine Chemical Co Ltd (004000) $2.20 Trillion 26.63% 0.24x $496.67 Million
Dongjin Semichem Co. Ltd (005290) $133.88 Billion 0.00% 3.14x $1.06 Billion
Isu Chemical Co Ltd (005950) $279.30 Billion 6.94% 0.54x $85.98 Million
Korea Petro Chemical Ind (006650) $768.68 Billion 3.91% 0.65x $316.72 Million