TS Corp Preference Shares (001795) - Net Assets
Based on the latest financial reports, TS Corp Preference Shares (001795) has net assets worth ₩483.95 Billion KRW (≈ $327.96 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 (₩1.26 Trillion ≈ $850.69 Million USD) and total liabilities (₩771.33 Billion ≈ $522.72 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 TS Corp Preference Shares (001795) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩483.95 Billion |
| % of Total Assets | 38.55% |
| Annual Growth Rate | 0.71% |
| 5-Year Change | -5.33% |
| 10-Year Change | 7.59% |
| Growth Volatility | 5.51 |
TS Corp Preference Shares - Net Assets Trend (2014–2025)
This chart illustrates how TS Corp Preference Shares's net assets have evolved over time, based on quarterly financial data. See TS Corp Preference Shares (001795) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for TS Corp Preference Shares (2014–2025)
The table below shows the annual net assets of TS Corp Preference Shares from 2014 to 2025. For live valuation and market cap data, see market value of TS Corp Preference Shares.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩483.95 Billion ≈ $327.96 Million |
-13.45% |
| 2024-12-31 | ₩559.15 Billion ≈ $378.93 Million |
+0.82% |
| 2023-12-31 | ₩554.59 Billion ≈ $375.84 Million |
+3.14% |
| 2022-12-31 | ₩537.72 Billion ≈ $364.40 Million |
+5.19% |
| 2021-12-31 | ₩511.20 Billion ≈ $346.43 Million |
+6.82% |
| 2020-12-31 | ₩478.57 Billion ≈ $324.32 Million |
+3.07% |
| 2019-12-31 | ₩464.32 Billion ≈ $314.66 Million |
+2.73% |
| 2018-12-31 | ₩451.97 Billion ≈ $306.29 Million |
+0.04% |
| 2017-12-31 | ₩451.78 Billion ≈ $306.17 Million |
+0.43% |
| 2016-12-31 | ₩449.83 Billion ≈ $304.84 Million |
+5.87% |
| 2015-12-31 | ₩424.87 Billion ≈ $287.93 Million |
-5.06% |
| 2014-12-31 | ₩447.51 Billion ≈ $303.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to TS Corp Preference Shares'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 6.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩255.45 Billion | 52.95% |
| Other Components | ₩226.98 Billion | 47.05% |
| Total Equity | ₩482.43 Billion | 100.00% |
TS Corp Preference Shares Competitors by Market Cap
The table below lists competitors of TS Corp Preference Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Armlogi Holding Corp. Common Stock
NASDAQ:BTOC
|
$11.87 Million |
|
New Era Helium Inc Common Stock
NASDAQ:NEHC
|
$11.87 Million |
|
Wise Group AB
ST:WISE
|
$11.89 Million |
|
Big Pharma Split Corp Class A
TO:PRM
|
$11.89 Million |
|
Just Group plc
LSE:JUST
|
$11.86 Million |
|
MedX Health Corp
V:MDX
|
$11.86 Million |
|
Electric Royalties Ltd
V:ELEC
|
$11.86 Million |
|
Tae Won Mulsan
KO:001420
|
$11.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TS Corp Preference Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 558,280,144,000 to 482,430,175,000, a change of -75,849,969,000 (-13.6%).
- Net loss of 60,395,753,000 reduced equity.
- Dividend payments of 11,333,375,000 reduced retained earnings.
- Share repurchases of 4,154,427,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-60.40 Billion | -12.52% |
| Dividends Paid | ₩11.33 Billion | -2.35% |
| Share Repurchases | ₩4.15 Billion | -0.86% |
| Other Changes | ₩33.59 Million | +0.01% |
| Total Change | ₩- | -13.59% |
Book Value vs Market Value Analysis
This analysis compares TS Corp Preference Shares'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: 0.38x
- 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 | ₩5465.19 | ₩2120.00 | x |
| 2018-12-31 | ₩5467.28 | ₩2120.00 | x |
| 2019-12-31 | ₩5527.39 | ₩2120.00 | x |
| 2020-12-31 | ₩5774.10 | ₩2120.00 | x |
| 2021-12-31 | ₩5696.48 | ₩2120.00 | x |
| 2022-12-31 | ₩5992.46 | ₩2120.00 | x |
| 2023-12-31 | ₩6180.22 | ₩2120.00 | x |
| 2024-12-31 | ₩6366.38 | ₩2120.00 | x |
| 2025-12-31 | ₩5593.92 | ₩2120.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TS Corp Preference Shares 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): -12.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.45%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 2.60x
- Recent ROE (-12.52%) is below the historical average (1.70%), 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 | 1.46% | 0.48% | 0.86x | 3.51x | ₩-38.02 Billion |
| 2015 | -4.17% | -1.42% | 0.81x | 3.65x | ₩-59.91 Billion |
| 2016 | 5.01% | 1.78% | 1.04x | 2.69x | ₩-22.41 Billion |
| 2017 | 2.35% | 0.83% | 1.11x | 2.55x | ₩-34.52 Billion |
| 2018 | 2.16% | 0.80% | 1.07x | 2.51x | ₩-35.42 Billion |
| 2019 | 3.18% | 1.22% | 1.05x | 2.46x | ₩-31.68 Billion |
| 2020 | 4.73% | 1.86% | 1.06x | 2.40x | ₩-25.22 Billion |
| 2021 | 3.95% | 1.60% | 1.07x | 2.31x | ₩-30.92 Billion |
| 2022 | 4.75% | 1.85% | 1.13x | 2.27x | ₩-28.21 Billion |
| 2023 | 5.88% | 2.44% | 1.12x | 2.14x | ₩-22.86 Billion |
| 2024 | 3.67% | 1.49% | 1.11x | 2.21x | ₩-35.34 Billion |
| 2025 | -12.52% | -4.45% | 1.08x | 2.60x | ₩-108.64 Billion |
Industry Comparison
This section compares TS Corp Preference Shares's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $2,172,277,595,694
- Average return on equity (ROE) among peers: 7.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TS Corp Preference Shares (001795) | ₩483.95 Billion | 1.46% | 1.59x | $11.86 Million |
| TS Corporation (001790) | $461.96 Billion | 4.84% | 2.33x | $139.10 Million |
| ORION Holdings Corp (001800) | $4.88 Trillion | 3.29% | 0.22x | $1.04 Billion |
| Lotte Corp (004990) | $9.63 Trillion | 3.20% | 1.07x | $1.27 Billion |
| Crown Confec (005740) | $80.14 Billion | 10.64% | 3.31x | $57.70 Million |
| CrownHaitai Holdings Co Ltd Preference Shares (005745) | $264.74 Billion | 8.74% | 3.12x | $2.19 Million |
| Crown Confectionery Co Ltd (264900) | $120.79 Billion | 11.32% | 1.72x | $66.86 Million |
| Crown Confectionery Co Ltd Pref (26490K) | $160.55 Billion | 8.16% | 1.02x | $4.15 Million |
| Orion Corp (271560) | $1.67 Trillion | 12.93% | 0.47x | $3.59 Billion |
| Lotte Confectionery Co Ltd (280360) | $2.29 Trillion | 3.16% | 1.00x | $605.75 Million |
About TS Corp Preference Shares
TS Corporation operates as a food company in South Korea. The company produces and supplies sugar and food stuff, food materials, additives, dairy products, and raw materials for bakery, mixed seasonings, and other agricultural products, as well as cocoa, fondant, and SMP products; and animal feed. It also develops various nutraceuticals and premium foods to control aging and prevent adult diseas… Read more