Kumyang (001570) - Net Assets
Based on the latest financial reports, Kumyang (001570) has net assets worth ₩486.13 Billion KRW (≈ $329.44 Million USD) 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 ≈ $837.95 Million USD) and total liabilities (₩750.35 Billion ≈ $508.50 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 financial resilience of Kumyang to evaluate the company's liquid asset resilience ratio.
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. Also explore total assets of Kumyang for the complete picture of this company's asset base.
Annual Net Assets for Kumyang (2000–2024)
The table below shows the annual net assets of Kumyang from 2000 to 2024. For live valuation and market cap data, see market value of Kumyang.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩494.54 Billion ≈ $335.14 Million |
+100.59% |
| 2023-12-31 | ₩246.54 Billion ≈ $167.07 Million |
+102.18% |
| 2022-12-31 | ₩121.94 Billion ≈ $82.63 Million |
+3.86% |
| 2021-12-31 | ₩117.41 Billion ≈ $79.57 Million |
+47.14% |
| 2020-12-31 | ₩79.79 Billion ≈ $54.08 Million |
+16.85% |
| 2019-12-31 | ₩68.29 Billion ≈ $46.28 Million |
-14.06% |
| 2018-12-31 | ₩79.46 Billion ≈ $53.85 Million |
+37.96% |
| 2017-12-31 | ₩57.60 Billion ≈ $39.03 Million |
+67.04% |
| 2016-12-31 | ₩34.48 Billion ≈ $23.37 Million |
-40.50% |
| 2015-12-31 | ₩57.95 Billion ≈ $39.27 Million |
+30.26% |
| 2014-12-31 | ₩44.49 Billion ≈ $30.15 Million |
-2.34% |
| 2013-12-31 | ₩45.55 Billion ≈ $30.87 Million |
+0.03% |
| 2012-12-31 | ₩45.54 Billion ≈ $30.86 Million |
+0.81% |
| 2011-12-31 | ₩45.18 Billion ≈ $30.61 Million |
+8.80% |
| 2010-12-31 | ₩41.52 Billion ≈ $28.14 Million |
-2.63% |
| 2009-12-31 | ₩42.64 Billion ≈ $28.90 Million |
-6.22% |
| 2008-12-31 | ₩45.47 Billion ≈ $30.82 Million |
+112.20% |
| 2007-12-31 | ₩21.43 Billion ≈ $14.52 Million |
+39.44% |
| 2006-12-31 | ₩15.37 Billion ≈ $10.41 Million |
-0.03% |
| 2005-12-31 | ₩15.37 Billion ≈ $10.42 Million |
+42.57% |
| 2004-12-31 | ₩10.78 Billion ≈ $7.31 Million |
-3.92% |
| 2003-12-31 | ₩11.22 Billion ≈ $7.61 Million |
+74.92% |
| 2002-12-31 | ₩6.42 Billion ≈ $4.35 Million |
-78.11% |
| 2001-12-31 | ₩29.30 Billion ≈ $19.86 Million |
-1.24% |
| 2000-12-31 | ₩29.67 Billion ≈ $20.11 Million |
-- |
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 |
|---|---|
|
TWC Enterprises Ltd
TO:TWC
|
$428.38 Million |
|
Yarward Electronics Shandong Co. Ltd. A
SHE:301337
|
$428.46 Million |
|
Seah Holdings
KO:058650
|
$428.47 Million |
|
Grieg Seafood ASA
OL:GSF
|
$428.51 Million |
|
Cogobuy Group
F:7C3
|
$428.29 Million |
|
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd B
SHG:900932
|
$428.19 Million |
|
Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd.
SHE:301022
|
$428.14 Million |
|
Leo Lithium Ltd
AU:LLL
|
$428.13 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: $1,385,704,366,947
- Average return on equity (ROE) among peers: 4.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kumyang (001570) | ₩486.13 Billion | 2.70% | 1.54x | $428.33 Million |
| Rifa Ind (000760) | $184.79 Billion | -1.16% | 0.52x | $29.96 Million |
| Sh E & Chemical Co. Ltd. (002360) | $64.16 Billion | 3.67% | 0.88x | $26.35 Million |
| KCC Corporation (002380) | $5.38 Trillion | -0.85% | 1.40x | $2.77 Billion |
| Miwon Commerci (002840) | $400.46 Billion | 12.62% | 0.20x | $473.99 Million |
| Taekwang Ind (003240) | $3.48 Trillion | 3.91% | 0.25x | $570.36 Million |
| Lotte Fine Chemical Co Ltd (004000) | $1.19 Trillion | 7.48% | 0.38x | $1.20 Billion |
| Dongjin Semichem Co. Ltd (005290) | $553.45 Billion | 18.66% | 1.14x | $1.97 Billion |
| Isu Chemical Co Ltd (005950) | $373.77 Billion | -15.59% | 1.93x | $193.47 Million |
| Korea Petro Chemical Ind (006650) | $842.12 Billion | 7.61% | 0.71x | $757.99 Million |
About Kumyang
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