Export Packing (002200) - Net Assets
Based on the latest financial reports, Export Packing (002200) has net assets worth ₩288.23 Billion KRW (≈ $195.33 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩347.30 Billion ≈ $235.36 Million USD) and total liabilities (₩59.07 Billion ≈ $40.03 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 how resilient are Export Packing's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩288.23 Billion |
| % of Total Assets | 82.99% |
| Annual Growth Rate | 3.51% |
| 5-Year Change | 16.07% |
| 10-Year Change | 29.78% |
| Growth Volatility | 4.2 |
Export Packing - Net Assets Trend (2011–2024)
This chart illustrates how Export Packing's net assets have evolved over time, based on quarterly financial data. Also explore 002200 asset base for the complete picture of this company's asset base.
Annual Net Assets for Export Packing (2011–2024)
The table below shows the annual net assets of Export Packing from 2011 to 2024. For live valuation and market cap data, see 002200 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩293.16 Billion ≈ $198.67 Million |
-0.87% |
| 2023-12-31 | ₩295.72 Billion ≈ $200.41 Million |
+5.27% |
| 2022-12-31 | ₩280.92 Billion ≈ $190.37 Million |
+6.67% |
| 2021-12-31 | ₩263.36 Billion ≈ $178.47 Million |
+4.27% |
| 2020-12-31 | ₩252.57 Billion ≈ $171.16 Million |
+1.94% |
| 2019-12-31 | ₩247.77 Billion ≈ $167.91 Million |
+6.81% |
| 2018-12-31 | ₩231.97 Billion ≈ $157.20 Million |
+6.94% |
| 2017-12-31 | ₩216.92 Billion ≈ $147.00 Million |
-3.21% |
| 2016-12-31 | ₩224.11 Billion ≈ $151.87 Million |
-0.79% |
| 2015-12-31 | ₩225.90 Billion ≈ $153.09 Million |
-1.07% |
| 2014-12-31 | ₩228.35 Billion ≈ $154.75 Million |
+4.06% |
| 2013-12-31 | ₩219.45 Billion ≈ $148.72 Million |
+3.87% |
| 2012-12-31 | ₩211.28 Billion ≈ $143.18 Million |
+12.80% |
| 2011-12-31 | ₩187.31 Billion ≈ $126.94 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Export Packing'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 388.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩263.23 Billion | 89.79% |
| Other Components | ₩29.93 Billion | 10.21% |
| Total Equity | ₩293.16 Billion | 100.00% |
Export Packing Competitors by Market Cap
The table below lists competitors of Export Packing ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TECO Image Systems Co Ltd
TWO:5438
|
$68.07 Million |
|
Invictus Energy Ltd
AU:IVZ
|
$68.07 Million |
|
Bridgford Foods Corporation
NASDAQ:BRID
|
$68.08 Million |
|
L.P.N. Development Public Company Limited
BK:LPN
|
$68.08 Million |
|
MFS Investment Grade Municipal Trust
NYSE:CXH
|
$68.05 Million |
|
Arthavest Tbk
JK:ARTA
|
$68.05 Million |
|
Axis Corporation
TWO:6292
|
$68.05 Million |
|
Scana ASA
OL:SCANA
|
$68.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Export Packing's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 295,721,552,330 to 293,163,472,990, a change of -2,558,079,340 (-0.9%).
- Net income of 3,395,100,260 contributed positively to equity growth.
- Dividend payments of 3,030,492,080 reduced retained earnings.
- Share repurchases of 2,948,543,570 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.40 Billion | +1.16% |
| Dividends Paid | ₩3.03 Billion | -1.03% |
| Share Repurchases | ₩2.95 Billion | -1.01% |
| Other Changes | ₩25.86 Million | +0.01% |
| Total Change | ₩- | -0.87% |
Book Value vs Market Value Analysis
This analysis compares Export Packing'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: 0.35x
- 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.
- The price-to-book ratio has increased from 0.05x to 0.35x 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 | ₩54230.10 | ₩2805.00 | x |
| 2018-12-31 | ₩57992.86 | ₩2805.00 | x |
| 2019-12-31 | ₩61941.98 | ₩2805.00 | x |
| 2020-12-31 | ₩63942.34 | ₩2805.00 | x |
| 2021-12-31 | ₩68808.81 | ₩2805.00 | x |
| 2022-12-31 | ₩73396.37 | ₩2805.00 | x |
| 2023-12-31 | ₩7743.41 | ₩2805.00 | x |
| 2024-12-31 | ₩7966.40 | ₩2805.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Export Packing 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): 1.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.13%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.20x
- Recent ROE (1.16%) is below the historical average (4.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 4.57% | 3.45% | 0.86x | 1.53x | ₩-10.17 Billion |
| 2012 | 12.29% | 9.98% | 0.97x | 1.27x | ₩4.84 Billion |
| 2013 | 5.09% | 4.72% | 0.85x | 1.28x | ₩-10.77 Billion |
| 2014 | 4.93% | 4.86% | 0.79x | 1.28x | ₩-11.58 Billion |
| 2015 | -0.11% | -0.10% | 0.77x | 1.33x | ₩-22.83 Billion |
| 2016 | -0.09% | -0.09% | 0.76x | 1.34x | ₩-22.62 Billion |
| 2017 | -2.43% | -2.16% | 0.82x | 1.38x | ₩-26.96 Billion |
| 2018 | 7.45% | 6.17% | 0.94x | 1.29x | ₩-5.90 Billion |
| 2019 | 7.27% | 6.64% | 0.88x | 1.24x | ₩-6.76 Billion |
| 2020 | 3.31% | 3.15% | 0.86x | 1.22x | ₩-16.90 Billion |
| 2021 | 6.02% | 4.97% | 0.96x | 1.26x | ₩-10.48 Billion |
| 2022 | 7.23% | 5.95% | 0.99x | 1.23x | ₩-7.77 Billion |
| 2023 | 6.44% | 6.10% | 0.87x | 1.21x | ₩-10.53 Billion |
| 2024 | 1.16% | 1.13% | 0.86x | 1.20x | ₩-25.92 Billion |
Industry Comparison
This section compares Export Packing's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $150,896,377,823
- Average return on equity (ROE) among peers: 6.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Export Packing (002200) | ₩288.23 Billion | 4.57% | 0.20x | $68.07 Million |
| Shin Hwa Silup (001770) | $39.35 Billion | 1.46% | 0.78x | $13.92 Million |
| Shin Poong Pap (002870) | $100.41 Billion | 32.82% | 0.07x | $20.94 Million |
| Sam Young Chem (003720) | $107.65 Billion | -10.73% | 0.58x | $278.90 Million |
| NPC Co. Ltd (004250) | $208.78 Billion | 11.88% | 0.65x | $87.65 Million |
| National Plastic Co Ltd Preferred (004255) | $250.56 Billion | 4.70% | 0.52x | $8.49 Million |
| Samhwa Crown (004450) | $105.85 Billion | -6.28% | 0.90x | $35.15 Million |
| Daeryuk Can Co. Ltd (004780) | $150.83 Billion | 7.63% | 0.36x | $43.76 Million |
| Wonlim Corp. (005820) | $75.74 Billion | 4.21% | 0.60x | $24.43 Million |
| Youlchon Chem (008730) | $318.90 Billion | 8.62% | 0.64x | $436.97 Million |
About Export Packing
Korea Export Packaging Industrial Co.,Ltd, together with its subsidiaries, manufactures and sells cardboard and corrugated boxes in South Korea. The company was founded in 1957 and is headquartered in Seoul, South Korea.