Pang Rim Spinn Net Assets
Pang Rim Spinn net assets. Based on the latest financial reports, Pang Rim Spinn (003610) has net assets worth ₩181.66 Billion KRW (≈ $123.11 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩252.03 Billion ≈ $170.80 Million USD) and total liabilities (₩70.37 Billion ≈ $47.69 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 003610 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩181.66 Billion |
| % of Total Assets | 72.08% |
| Annual Growth Rate | 1.31% |
| 5-Year Change | -9.62% |
| 10-Year Change | -1.06% |
| Growth Volatility | 8.72 |
Net Assets of Pang Rim Spinn (2000–2025)
Net assets of Pang Rim Spinn from 2000 to 2025. This chart illustrates how Pang Rim Spinn's net assets have evolved over time, based on quarterly financial data. See Pang Rim Spinn (003610) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Pang Rim Spinn (2000–2025)
The table below shows the annual net assets of Pang Rim Spinn from 2000 to 2025. For live market cap and overall valuation, see how much is Pang Rim Spinn worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | ₩180.57 Billion ≈ $122.37 Million |
-4.80% |
| 2024-09-30 | ₩189.68 Billion ≈ $128.54 Million |
-2.06% |
| 2023-09-30 | ₩193.67 Billion ≈ $131.24 Million |
-4.20% |
| 2022-09-30 | ₩202.16 Billion ≈ $137.00 Million |
+1.18% |
| 2021-09-30 | ₩199.80 Billion ≈ $135.40 Million |
+4.09% |
| 2020-09-30 | ₩191.95 Billion ≈ $130.08 Million |
+1.12% |
| 2019-09-30 | ₩189.82 Billion ≈ $128.64 Million |
+1.68% |
| 2018-09-30 | ₩186.69 Billion ≈ $126.52 Million |
+1.01% |
| 2017-09-30 | ₩184.83 Billion ≈ $125.26 Million |
+1.28% |
| 2016-09-30 | ₩182.50 Billion ≈ $123.68 Million |
+2.14% |
| 2015-09-30 | ₩178.67 Billion ≈ $121.08 Million |
+3.26% |
| 2014-09-30 | ₩173.04 Billion ≈ $117.26 Million |
+1.00% |
| 2013-09-30 | ₩171.32 Billion ≈ $116.10 Million |
+1.10% |
| 2012-09-30 | ₩169.46 Billion ≈ $114.84 Million |
-5.85% |
| 2011-09-30 | ₩179.99 Billion ≈ $121.97 Million |
+0.41% |
| 2010-09-30 | ₩179.24 Billion ≈ $121.47 Million |
+1.06% |
| 2009-09-30 | ₩177.37 Billion ≈ $120.20 Million |
+17.23% |
| 2007-09-30 | ₩151.30 Billion ≈ $102.53 Million |
-0.62% |
| 2006-09-30 | ₩152.24 Billion ≈ $103.17 Million |
-2.31% |
| 2005-09-30 | ₩155.84 Billion ≈ $105.61 Million |
+36.39% |
| 2004-09-30 | ₩114.26 Billion ≈ $77.43 Million |
-2.36% |
| 2003-09-30 | ₩117.02 Billion ≈ $79.31 Million |
-7.11% |
| 2002-09-30 | ₩125.98 Billion ≈ $85.38 Million |
-3.44% |
| 2000-09-30 | ₩130.46 Billion ≈ $88.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Pang Rim Spinn'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 9260835198000.0% over the analyzed period, indicating profitable operations and earnings retention.
Pang Rim Spinn Net Assets Breakdown (September 2025)
Pang Rim Spinn net assets breakdown by equity component as of September 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩92.61 Billion | 51.39% |
| Other Components | ₩87.60 Billion | 48.61% |
| Total Equity | ₩180.20 Billion | 100.00% |
Pang Rim Spinn Competitors by Market Cap
The table below lists competitors of Pang Rim Spinn ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hariom Pipe Industries Limited
NSE:HARIOMPIPE
|
$122.56 Million |
|
Kyungbangco.Ltd
KO:000050
|
$122.58 Million |
|
Jindal Photo Limited
NSE:JINDALPHOT
|
$122.59 Million |
|
John Hancock Income Securities Closed Fund
NYSE:JHS
|
$122.76 Million |
|
AJ Networks Co Ltd
KO:095570
|
$122.52 Million |
|
Cornish Metals Inc.
V:CUSN
|
$122.51 Million |
|
Annehem Fastigheter AB
ST:ANNE-B
|
$122.46 Million |
|
Zentalis Pharmaceuticals Llc
NASDAQ:ZNTL
|
$122.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pang Rim Spinn's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 189,101,575,140 to 180,203,817,680, a change of -8,897,757,460 (-4.7%).
- Net income of 6,721,966,740 contributed positively to equity growth.
- Dividend payments of 1,966,922,570 reduced retained earnings.
- Share repurchases of 14,306,264,390 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.72 Billion | +3.73% |
| Dividends Paid | ₩1.97 Billion | -1.09% |
| Share Repurchases | ₩14.31 Billion | -7.94% |
| Other Changes | ₩653.46 Million | +0.36% |
| Total Change | ₩- | -4.71% |
Book Value vs Market Value Analysis
This analysis compares Pang Rim Spinn'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: 1.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.21x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | ₩4737.29 | ₩5720.00 | x |
| 2018-09-30 | ₩4759.40 | ₩5720.00 | x |
| 2019-09-30 | ₩4843.30 | ₩5720.00 | x |
| 2020-09-30 | ₩4943.40 | ₩5720.00 | x |
| 2021-09-30 | ₩5145.18 | ₩5720.00 | x |
| 2022-09-30 | ₩5532.44 | ₩5720.00 | x |
| 2023-09-30 | ₩5300.73 | ₩5720.00 | x |
| 2024-09-30 | ₩5342.73 | ₩5720.00 | x |
| 2025-09-30 | ₩5602.75 | ₩5720.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pang Rim Spinn 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): 3.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.49%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.27x
- Recent ROE (3.73%) is below the historical average (4.15%), 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 | 15.84% | 9.23% | 0.60x | 2.85x | ₩7.62 Billion |
| 2002 | 4.40% | 3.15% | 0.59x | 2.35x | ₩-7.06 Billion |
| 2005 | 28.19% | 30.30% | 0.61x | 1.52x | ₩28.34 Billion |
| 2006 | 2.01% | 2.40% | 0.57x | 1.47x | ₩-12.17 Billion |
| 2007 | 1.18% | 1.44% | 0.53x | 1.54x | ₩-13.35 Billion |
| 2009 | 1.31% | 1.20% | 0.75x | 1.47x | ₩-15.40 Billion |
| 2010 | 3.89% | 3.35% | 0.72x | 1.61x | ₩-10.94 Billion |
| 2011 | 1.66% | 1.37% | 0.71x | 1.71x | ₩-15.01 Billion |
| 2013 | 0.86% | 0.76% | 0.69x | 1.64x | ₩-15.66 Billion |
| 2014 | 1.94% | 2.08% | 0.62x | 1.51x | ₩-13.95 Billion |
| 2015 | 3.73% | 4.13% | 0.62x | 1.45x | ₩-11.20 Billion |
| 2016 | 2.75% | 3.34% | 0.60x | 1.37x | ₩-13.22 Billion |
| 2017 | 3.79% | 4.73% | 0.59x | 1.37x | ₩-11.48 Billion |
| 2018 | 1.61% | 2.11% | 0.57x | 1.33x | ₩-15.58 Billion |
| 2019 | 2.98% | 4.28% | 0.56x | 1.25x | ₩-13.29 Billion |
| 2020 | 2.61% | 4.28% | 0.49x | 1.24x | ₩-14.13 Billion |
| 2021 | 3.72% | 5.65% | 0.51x | 1.29x | ₩-12.50 Billion |
| 2022 | 2.77% | 3.58% | 0.59x | 1.32x | ₩-14.57 Billion |
| 2023 | -2.14% | -3.14% | 0.54x | 1.26x | ₩-23.43 Billion |
| 2024 | 0.41% | 0.70% | 0.48x | 1.22x | ₩-18.14 Billion |
| 2025 | 3.73% | 5.49% | 0.54x | 1.27x | ₩-11.30 Billion |
Industry Comparison
This section compares Pang Rim Spinn's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $287,341,487,939
- Average return on equity (ROE) among peers: 1.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pang Rim Spinn (003610) | ₩181.66 Billion | 15.84% | 0.39x | $122.53 Million |
| Kyungbangco.Ltd (000050) | $759.63 Billion | 3.11% | 0.60x | $122.58 Million |
| Chonbang (000950) | $200.40 Billion | 0.24% | 1.62x | $23.17 Million |
| Silla Textile Co.Ltd (001000) | $14.40 Billion | -2.10% | 1.13x | $6.75 Million |
| Taihan Textile (001070) | $86.06 Billion | 0.00% | 1.87x | $13.46 Million |
| DI Dong Il Corp (001530) | $568.54 Billion | 0.75% | 0.75x | $314.16 Million |
| Ilshin Spinnin (003200) | $408.25 Billion | 1.54% | 0.21x | $143.38 Million |
| Daehan Synthet (003830) | $400.36 Billion | 3.83% | 0.21x | $76.14 Million |
| Duksung (004830) | $62.68 Billion | 1.10% | 0.56x | $33.94 Million |
| Duksung Co Ltd (004835) | $85.77 Billion | 6.57% | 0.48x | $5.08 Million |
About Pang Rim Spinn
Pangrim Co., Ltd. engages in the manufacture and sale of textile products in South Korea and internationally. It produces a range of fabrics. The company was formerly known as PangRim Textile Co., Ltd. and changed its name to Pangrim Co., Ltd. in 1991. Pangrim Co., Ltd. was founded in 1963 and is headquartered in Seoul, South Korea.