Taekwang Ind (003240) - Net Assets

Latest as of June 2026: ₩4.28 Trillion KRW ≈ $2.90 Billion USD

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. Check strategic asset allocation of Taekwang Ind to assess the company's strategic physical and investment asset allocation.

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

Taekwang Ind - Net Assets Trend (2000–2025)

This chart illustrates how Taekwang Ind's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Taekwang Ind market cap and net worth.

Annual Net Assets for Taekwang Ind (2000–2025)

The table below shows the annual net assets of Taekwang Ind from 2000 to 2025. Also explore Taekwang Ind annual equity growth to track the company's year-over-year net asset growth rate.

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	--

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.

Current Equity Component Breakdown (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
Shenzhen Haoningda Meters Co Ltd SHE:002356	$521.91 Million
Zhejiang Red Dragonfly Footwear Co Ltd SHG:603116	$521.92 Million
YASHO INDUSTRIES ORD (BSE) NSE:YASHO	$521.96 Million
Cachet Pharmaceutical Co Ltd SHE:002462	$522.05 Million
Third Coast Bancshares, Inc. NASDAQ:TCBX	$521.86 Million
BETTERWARE DE MEXICO SAPI F:BM0	$521.41 Million
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A SHE:002932	$521.26 Million
Grand Pacific Petrochemical Corp TW:1312	$521.23 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: 0.20x
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	₩915000.00	x
2018-12-31	₩3667047.39	₩915000.00	x
2019-12-31	₩3777145.53	₩915000.00	x
2020-12-31	₩3928195.00	₩915000.00	x
2021-12-31	₩4626787.10	₩915000.00	x
2022-12-31	₩4906106.83	₩915000.00	x
2023-12-31	₩4689720.92	₩915000.00	x
2024-12-31	₩4668609.92	₩915000.00	x
2025-12-31	₩4669555.75	₩915000.00	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: $626,137,248,763
Average return on equity (ROE) among peers: 8.94%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Taekwang Ind (003240)	₩4.28 Trillion	2.10%	0.13x	$521.88 Million
Rifa Ind (000760)	$183.99 Billion	0.57%	0.51x	$24.35 Million
Kumyang (001570)	$45.18 Billion	6.56%	1.90x	$428.33 Million
Sh E & Chemical Co. Ltd. (002360)	$63.29 Billion	0.00%	0.45x	$14.25 Million
KCC Corporation (002380)	$1.84 Trillion	6.97%	0.75x	$2.30 Billion
Miwon Commerci (002840)	$295.99 Billion	19.51%	0.26x	$415.37 Million
Lotte Fine Chemical Co Ltd (004000)	$2.20 Trillion	26.63%	0.24x	$774.14 Million
Dongjin Semichem Co. Ltd (005290)	$138.49 Billion	2.42%	3.48x	$1.43 Billion
Isu Chemical Co Ltd (005950)	$344.12 Billion	3.10%	2.19x	$191.91 Million
Korea Petro Chemical Ind (006650)	$520.92 Billion	14.69%	0.82x	$403.06 Million

About Taekwang Ind

KO:003240 Korea Chemicals

Market Cap

$521.88 Million

₩770.09 Billion KRW

Market Cap Rank

#12108 Global

#335 in Korea

Share Price

₩915000.00

Change (1 day)

+0.77%

52-Week Range

₩709000.00 - ₩1000000.00

All Time High

₩1000000.00