Taekwang Ind

KO:003240 Korea Chemicals
Market Cap
$574.81 Million
₩841.63 Billion KRW
Market Cap Rank
#16159 Global
#497 in Korea
Share Price
₩1000000.00
Change (1 day)
+0.00%
52-Week Range
₩640000.00 - ₩1000000.00
All Time High
₩1000000.00
Categories
Companies in Korea Chemicals
About

Taekwang Industrial Co., Ltd. engages in the petrochemical, synthetic fiber, textile, and advanced material businesses in South Korea and internationally. It offers petrochemical products, including purified terephthalic acid, propylene, acrylonitrile, sodium cyanide, acetonitrile, ammonium sulphate, and hydrogen peroxide. The company also provides synthetic fibers, such as acrylic fibers, nylon … Read more

Taekwang Ind (003240) - Net Assets

Latest net assets as of September 2025: ₩4.01 Trillion KRW

Based on the latest financial reports, Taekwang Ind (003240) has net assets worth ₩4.01 Trillion KRW as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩4.67 Trillion) and total liabilities (₩659.85 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 ₩4.01 Trillion
% of Total Assets 85.87%
Annual Growth Rate 4.28%
5-Year Change 20.4%
10-Year Change 36.12%
Growth Volatility 7.63

Taekwang Ind - Net Assets Trend (2000–2024)

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

Annual Net Assets for Taekwang Ind (2000–2024)

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

Year Net Assets Change
2024-12-31 ₩4.02 Trillion -0.35%
2023-12-31 ₩4.03 Trillion -4.24%
2022-12-31 ₩4.21 Trillion +5.93%
2021-12-31 ₩3.97 Trillion +19.10%
2020-12-31 ₩3.34 Trillion -4.27%
2019-12-31 ₩3.48 Trillion -0.60%
2018-12-31 ₩3.50 Trillion +10.42%
2017-12-31 ₩3.17 Trillion +6.62%
2016-12-31 ₩2.98 Trillion +0.92%
2015-12-31 ₩2.95 Trillion +3.40%
2014-12-31 ₩2.85 Trillion +5.52%
2013-12-31 ₩2.70 Trillion +4.66%
2012-12-31 ₩2.58 Trillion +0.50%
2011-12-31 ₩2.57 Trillion +23.70%
2010-12-31 ₩2.08 Trillion +13.18%
2009-12-31 ₩1.84 Trillion +19.22%
2008-12-31 ₩1.54 Trillion +3.10%
2007-12-31 ₩1.49 Trillion +6.19%
2006-12-31 ₩1.41 Trillion +2.35%
2005-12-31 ₩1.37 Trillion -0.60%
2004-12-31 ₩1.38 Trillion +2.79%
2003-12-31 ₩1.35 Trillion -0.37%
2002-12-31 ₩1.35 Trillion +0.46%
2001-12-31 ₩1.34 Trillion -8.51%
2000-12-31 ₩1.47 Trillion --

Equity Component Analysis

This analysis shows how different components contribute to Taekwang Ind'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 410916123576000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩4.11 Trillion 104.58%
Total Equity ₩3.93 Trillion 100.00%

Taekwang Ind Competitors by Market Cap

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

Company Market Cap
Nam Tai Property Inc.
PINK:NTPIF
 		$160.20 Million
Elme Communities
NYSE:ELME
 		$160.21 Million
UEM Sunrise Bhd
KLSE:5148
 		$160.21 Million
Standard Chemical & Pharmaceutical Co Ltd
TW:1720
 		$160.24 Million
Formosa Laboratories Inc
TW:4746
 		$160.16 Million
Cellectis SA
NASDAQ:CLLS
 		$160.13 Million
HKFoods Oyj A
HE:HKFOODS
 		$160.12 Million
Mildef Crete
TWO:3213
 		$160.12 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,947,014,508,050 to 3,929,246,831,440, a change of -17,767,676,610 (-0.5%).
  • Net income of 214,531,185,570 contributed positively to equity growth.
  • Dividend payments of 1,472,824,500 reduced retained earnings.
  • Other factors decreased equity by 230,826,037,680.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩214.53 Billion +5.46%
Dividends Paid ₩1.47 Billion -0.04%
Other Changes ₩-230.83 Billion -5.87%
Total Change ₩- -0.45%

Book Value vs Market Value Analysis

This analysis compares Taekwang Ind'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: 0.21x
  • 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 ₩3215562.57 ₩1000000.00 x
2018-12-31 ₩3667047.39 ₩1000000.00 x
2019-12-31 ₩3777145.53 ₩1000000.00 x
2020-12-31 ₩3928195.00 ₩1000000.00 x
2021-12-31 ₩4626787.10 ₩1000000.00 x
2022-12-31 ₩4906106.83 ₩1000000.00 x
2023-12-31 ₩4689720.92 ₩1000000.00 x
2024-12-31 ₩4668609.92 ₩1000000.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Taekwang Ind 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): 5.46%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.11%
  • • Asset Turnover: 0.45x
  • • Equity Multiplier: 1.20x
  • Recent ROE (5.46%) is below the historical average (5.71%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 2.10% 2.20% 0.71x 1.34x ₩-114.48 Billion
2002 3.22% 3.52% 0.73x 1.26x ₩-89.52 Billion
2004 5.64% 4.91% 0.76x 1.50x ₩-57.67 Billion
2007 3.47% 1.76% 0.83x 2.37x ₩-90.98 Billion
2009 20.38% 12.78% 1.05x 1.52x ₩174.49 Billion
2010 14.48% 8.42% 1.21x 1.43x ₩85.09 Billion
2011 12.90% 7.37% 1.04x 1.68x ₩66.43 Billion
2012 1.43% 0.89% 0.96x 1.67x ₩-198.93 Billion
2013 3.11% 2.17% 0.88x 1.63x ₩-169.08 Billion
2014 2.97% 2.33% 0.82x 1.56x ₩-174.60 Billion
2015 2.95% 2.68% 0.73x 1.51x ₩-178.92 Billion
2016 0.56% 0.54% 0.70x 1.50x ₩-239.97 Billion
2017 5.13% 4.76% 0.71x 1.52x ₩-131.83 Billion
2018 6.94% 6.89% 0.69x 1.46x ₩-94.52 Billion
2019 4.28% 4.66% 0.67x 1.37x ₩-181.84 Billion
2020 3.20% 6.08% 0.43x 1.23x ₩-224.79 Billion
2021 8.16% 12.26% 0.53x 1.26x ₩-71.70 Billion
2022 8.28% 12.64% 0.55x 1.19x ₩-71.14 Billion
2023 -0.47% -0.82% 0.48x 1.20x ₩-413.20 Billion
2024 5.46% 10.11% 0.45x 1.20x ₩-178.39 Billion

Industry Comparison

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

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $1,005,129,380,249
  • Average return on equity (ROE) among peers: 8.50%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Taekwang Ind (003240) ₩4.01 Trillion 2.10% 0.16x $160.16 Million
Rifa Ind (000760) $181.15 Billion -1.86% 0.48x $8.66 Million
Kumyang (001570) $57.95 Billion 24.95% 1.85x $316.82 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
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