Posco Chemical Co Ltd
Posco Future M Co., Ltd., together with its subsidiaries, engages in the refractory, industrial furnaces, and lime businesses in South Korea, Europe, Southeast Asia, China, the United States, and internationally. It operates through Refractories, Burned Lime/Carbon Materials, and Energy Materials segments. The company manufactures and sells various shaped refractories, such as magnesia carbon and… Read more
Posco Chemical Co Ltd (003670) - Net Assets
Latest net assets as of September 2025: ₩4.47 Trillion KRW
Based on the latest financial reports, Posco Chemical Co Ltd (003670) has net assets worth ₩4.47 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 (₩9.12 Trillion) and total liabilities (₩4.65 Trillion). 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 | ₩4.47 Trillion |
| % of Total Assets | 49.03% |
| Annual Growth Rate | 20.49% |
| 5-Year Change | 224.39% |
| 10-Year Change | 516.94% |
| Growth Volatility | 39.2 |
Posco Chemical Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Posco Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Posco Chemical Co Ltd (2014–2024)
The table below shows the annual net assets of Posco Chemical Co Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩3.32 Trillion | +27.15% |
| 2023-12-31 | ₩2.61 Trillion | -1.48% |
| 2022-12-31 | ₩2.65 Trillion | +8.70% |
| 2021-12-31 | ₩2.44 Trillion | +138.22% |
| 2020-12-31 | ₩1.02 Trillion | +1.72% |
| 2019-12-31 | ₩1.01 Trillion | +32.74% |
| 2018-12-31 | ₩758.13 Billion | +16.24% |
| 2017-12-31 | ₩652.19 Billion | +14.54% |
| 2016-12-31 | ₩569.40 Billion | +5.79% |
| 2015-12-31 | ₩538.22 Billion | +4.55% |
| 2014-12-31 | ₩514.81 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Posco Chemical Co Ltd'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 67.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩760.85 Billion | 25.62% |
| Other Components | ₩2.21 Trillion | 74.38% |
| Total Equity | ₩2.97 Trillion | 100.00% |
Posco Chemical Co Ltd Competitors by Market Cap
The table below lists competitors of Posco Chemical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
True Corporation Public Company Limited
PINK:TCPFF
|
$4.83 Billion |
|
Hyundai Engineering & Construction
KO:000720
|
$4.83 Billion |
|
Hainan Airlines Co Ltd A
SHG:600221
|
$4.83 Billion |
|
Cleveland-Cliffs Inc
NYSE:CLF
|
$4.84 Billion |
|
Protagonist Therapeutics Inc
NASDAQ:PTGX
|
$4.82 Billion |
|
Stonex Group Inc
NASDAQ:SNEX
|
$4.82 Billion |
|
Taylor Wimpey plc
PINK:TWODF
|
$4.82 Billion |
|
Teleflex Incorporated
NYSE:TFX
|
$4.81 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Posco Chemical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,350,209,876,260 to 2,970,273,518,780, a change of 620,063,642,520 (26.4%).
- Net loss of 212,323,486,390 reduced equity.
- Dividend payments of 22,113,732,250 reduced retained earnings.
- Other factors increased equity by 854,500,861,160.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-212.32 Billion | -7.15% |
| Dividends Paid | ₩22.11 Billion | -0.74% |
| Other Changes | ₩854.50 Billion | +28.77% |
| Total Change | ₩- | 26.38% |
Book Value vs Market Value Analysis
This analysis compares Posco Chemical Co Ltd'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: 4.98x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 18.35x to 4.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩10417.46 | ₩191200.00 | x |
| 2018-12-31 | ₩12117.31 | ₩191200.00 | x |
| 2019-12-31 | ₩15617.52 | ₩191200.00 | x |
| 2020-12-31 | ₩16407.58 | ₩191200.00 | x |
| 2021-12-31 | ₩30844.57 | ₩191200.00 | x |
| 2022-12-31 | ₩31922.38 | ₩191200.00 | x |
| 2023-12-31 | ₩30356.84 | ₩191200.00 | x |
| 2024-12-31 | ₩38358.15 | ₩191200.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Posco Chemical Co Ltd 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): -7.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.74%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.67x
- Recent ROE (-7.15%) is below the historical average (7.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 14.38% | 5.30% | 1.90x | 1.43x | ₩22.14 Billion |
| 2015 | 6.52% | 2.83% | 1.70x | 1.35x | ₩-18.44 Billion |
| 2016 | 7.77% | 3.91% | 1.54x | 1.29x | ₩-12.56 Billion |
| 2017 | 16.07% | 8.65% | 1.43x | 1.30x | ₩39.12 Billion |
| 2018 | 17.63% | 9.55% | 1.46x | 1.26x | ₩57.20 Billion |
| 2019 | 10.13% | 6.81% | 0.86x | 1.73x | ₩1.29 Billion |
| 2020 | 2.96% | 1.89% | 0.75x | 2.09x | ₩-70.49 Billion |
| 2021 | 5.61% | 6.74% | 0.51x | 1.64x | ₩-104.77 Billion |
| 2022 | 4.79% | 3.58% | 0.71x | 1.88x | ₩-128.84 Billion |
| 2023 | 1.22% | 0.60% | 0.75x | 2.70x | ₩-206.30 Billion |
| 2024 | -7.15% | -5.74% | 0.47x | 2.67x | ₩-509.35 Billion |
Industry Comparison
This section compares Posco Chemical Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,182,863,377,939
- Average return on equity (ROE) among peers: 7.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Posco Chemical Co Ltd (003670) | ₩4.47 Trillion | 14.38% | 1.04x | $4.82 Billion |
| Kumho Electric (001210) | $270.12 Billion | 2.72% | 1.03x | $23.32 Million |
| Taihan Electric Wire Co Ltd (001440) | $1.27 Trillion | 8.08% | 1.21x | $2.16 Billion |
| Sebang Global Battery Co Ltd (004490) | $699.00 Billion | 8.79% | 0.33x | $219.02 Million |
| LS Corp (006260) | $815.35 Billion | 10.11% | 1.04x | $3.09 Billion |
| Daewon Cable (006340) | $81.39 Billion | 1.52% | 1.35x | $200.78 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $87.64 Billion | 1.49% | 1.74x | $70.84 Million |
| Samsung SDI (006400) | $2.47 Trillion | 21.35% | 1.29x | $15.87 Billion |
| Samsung Sdi Co Pref (006405) | $12.23 Trillion | 5.74% | 0.58x | $7.71 Billion |
| LS Electric (010120) | $1.72 Trillion | 11.95% | 1.17x | $7.59 Billion |