Taekwang Ind Net Assets
Taekwang Ind net assets. Based on the latest financial reports, Taekwang Ind (003240) has net assets worth ₩4.28 Trillion KRW (≈ $2.90 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩4.86 Trillion ≈ $3.29 Billion USD) and total liabilities (₩575.00 Billion ≈ $389.67 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. Also explore Taekwang Ind net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩4.28 Trillion |
| % of Total Assets | 88.17% |
| Annual Growth Rate | 4.05% |
| 5-Year Change | -0.2% |
| 10-Year Change | 33.15% |
| Growth Volatility | 7.56 |
Net Assets of Taekwang Ind (2000–2025)
Net assets of Taekwang Ind from 2000 to 2025. This chart illustrates how Taekwang Ind's net assets have evolved over time, based on quarterly financial data. See 003240 equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Taekwang Ind (2000–2025)
The table below shows the annual net assets of Taekwang Ind from 2000 to 2025. For live market cap and overall valuation, see market cap of Taekwang Ind.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩3.96 Trillion ≈ $2.69 Billion |
-1.28% |
| 2024-12-31 | ₩4.02 Trillion ≈ $2.72 Billion |
-0.35% |
| 2023-12-31 | ₩4.03 Trillion ≈ $2.73 Billion |
-4.24% |
| 2022-12-31 | ₩4.21 Trillion ≈ $2.85 Billion |
+5.93% |
| 2021-12-31 | ₩3.97 Trillion ≈ $2.69 Billion |
+19.10% |
| 2020-12-31 | ₩3.34 Trillion ≈ $2.26 Billion |
-4.27% |
| 2019-12-31 | ₩3.48 Trillion ≈ $2.36 Billion |
-0.60% |
| 2018-12-31 | ₩3.50 Trillion ≈ $2.38 Billion |
+10.42% |
| 2017-12-31 | ₩3.17 Trillion ≈ $2.15 Billion |
+6.62% |
| 2016-12-31 | ₩2.98 Trillion ≈ $2.02 Billion |
+0.92% |
| 2015-12-31 | ₩2.95 Trillion ≈ $2.00 Billion |
+3.40% |
| 2014-12-31 | ₩2.85 Trillion ≈ $1.93 Billion |
+5.52% |
| 2013-12-31 | ₩2.70 Trillion ≈ $1.83 Billion |
+4.66% |
| 2012-12-31 | ₩2.58 Trillion ≈ $1.75 Billion |
+0.50% |
| 2011-12-31 | ₩2.57 Trillion ≈ $1.74 Billion |
+23.70% |
| 2010-12-31 | ₩2.08 Trillion ≈ $1.41 Billion |
+13.18% |
| 2009-12-31 | ₩1.84 Trillion ≈ $1.24 Billion |
+19.22% |
| 2008-12-31 | ₩1.54 Trillion ≈ $1.04 Billion |
+3.10% |
| 2007-12-31 | ₩1.49 Trillion ≈ $1.01 Billion |
+6.19% |
| 2006-12-31 | ₩1.41 Trillion ≈ $953.31 Million |
+2.35% |
| 2005-12-31 | ₩1.37 Trillion ≈ $931.40 Million |
-0.60% |
| 2004-12-31 | ₩1.38 Trillion ≈ $937.05 Million |
+2.79% |
| 2003-12-31 | ₩1.35 Trillion ≈ $911.66 Million |
-0.37% |
| 2002-12-31 | ₩1.35 Trillion ≈ $915.01 Million |
+0.46% |
| 2001-12-31 | ₩1.34 Trillion ≈ $910.79 Million |
-8.51% |
| 2000-12-31 | ₩1.47 Trillion ≈ $995.55 Million |
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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 418983958045000.0% over the analyzed period, indicating profitable operations and earnings retention.
Taekwang Ind Net Assets Breakdown (December 2025)
Taekwang Ind net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩4.19 Trillion | 106.61% |
| 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 |
|---|---|
|
Beijing VRV Software Corp Ltd
SHE:300352
|
$468.86 Million |
|
Caisse Regionale de Credit Agricole Mutuel de Normandie Seine SC
PA:CCN
|
$468.98 Million |
|
ZYF Lopsking Aluminum Co Ltd
SHE:002333
|
$469.12 Million |
|
NRB Bearing Limited
NSE:NRBBEARING
|
$469.32 Million |
|
Surya Permata Andalan Tbk PT
JK:NATO
|
$468.83 Million |
|
Shinhan Alpha REIT Co Ltd
KO:293940
|
$468.81 Million |
|
Sweco AB (publ)
ST:SWEC-A
|
$468.71 Million |
|
Innocean Worldwide Inc
KO:214320
|
$468.69 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 2024 to 2025, total equity changed from 3,929,246,831,440 to 3,930,042,875,280, a change of 796,043,840 (0.0%).
- Net income of 80,823,968,990 contributed positively to equity growth.
- Dividend payments of 1,472,806,730 reduced retained earnings.
- Other factors decreased equity by 78,555,118,420.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩80.82 Billion | +2.06% |
| Dividends Paid | ₩1.47 Billion | -0.04% |
| Other Changes | ₩-78.56 Billion | -2.0% |
| Total Change | ₩- | 0.02% |
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: 0.18x
- 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 | ₩822000.00 | x |
| 2018-12-31 | ₩3667047.39 | ₩822000.00 | x |
| 2019-12-31 | ₩3777145.53 | ₩822000.00 | x |
| 2020-12-31 | ₩3928195.00 | ₩822000.00 | x |
| 2021-12-31 | ₩4626787.10 | ₩822000.00 | x |
| 2022-12-31 | ₩4906106.83 | ₩822000.00 | x |
| 2023-12-31 | ₩4689720.92 | ₩822000.00 | x |
| 2024-12-31 | ₩4668609.92 | ₩822000.00 | x |
| 2025-12-31 | ₩4669555.75 | ₩822000.00 | 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): 2.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.42%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.14x
- Recent ROE (2.06%) is below the historical average (5.54%), 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% | 10.58% | 0.43x | 1.20x | ₩-178.39 Billion |
| 2025 | 2.06% | 4.42% | 0.41x | 1.14x | ₩-312.18 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: $1,083,754,663,910
- Average return on equity (ROE) among peers: 6.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taekwang Ind (003240) | ₩4.28 Trillion | 2.10% | 0.13x | $468.84 Million |
| Rifa Ind (000760) | $183.99 Billion | 0.57% | 0.51x | $23.04 Million |
| Kumyang (001570) | $68.29 Billion | -15.92% | 2.28x | $428.33 Million |
| Sh E & Chemical Co. Ltd. (002360) | $69.69 Billion | 6.47% | 0.43x | $28.82 Million |
| KCC Corporation (002380) | $5.97 Trillion | 2.55% | 0.54x | $1.94 Billion |
| Miwon Commerci (002840) | $239.21 Billion | 9.14% | 0.38x | $427.78 Million |
| Lotte Fine Chemical Co Ltd (004000) | $2.20 Trillion | 26.63% | 0.24x | $611.03 Million |
| Dongjin Semichem Co. Ltd (005290) | $356.35 Billion | 16.42% | 1.36x | $1.35 Billion |
| Isu Chemical Co Ltd (005950) | $238.94 Billion | 0.00% | 1.18x | $151.75 Million |
| Korea Petro Chemical Ind (006650) | $431.77 Billion | 8.74% | 0.88x | $331.91 Million |
About Taekwang Ind
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