Posco Chemical Co Ltd (003670) - Net Assets
Based on the latest financial reports, Posco Chemical Co Ltd (003670) has net assets worth ₩4.51 Trillion KRW (≈ $3.06 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩9.14 Trillion ≈ $6.20 Billion USD) and total liabilities (₩4.63 Trillion ≈ $3.14 Billion 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 003670 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩4.51 Trillion |
| % of Total Assets | 49.35% |
| Annual Growth Rate | 21.81% |
| 5-Year Change | 85.04% |
| 10-Year Change | 692.43% |
| Growth Volatility | 37.51 |
Posco Chemical Co Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Posco Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Posco Chemical Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Posco Chemical Co Ltd (2014–2025)
The table below shows the annual net assets of Posco Chemical Co Ltd from 2014 to 2025. For live valuation and market cap data, see Posco Chemical Co Ltd (003670) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩4.51 Trillion ≈ $3.06 Billion |
+35.89% |
| 2024-12-31 | ₩3.32 Trillion ≈ $2.25 Billion |
+27.15% |
| 2023-12-31 | ₩2.61 Trillion ≈ $1.77 Billion |
-1.48% |
| 2022-12-31 | ₩2.65 Trillion ≈ $1.80 Billion |
+8.70% |
| 2021-12-31 | ₩2.44 Trillion ≈ $1.65 Billion |
+138.22% |
| 2020-12-31 | ₩1.02 Trillion ≈ $693.69 Million |
+1.72% |
| 2019-12-31 | ₩1.01 Trillion ≈ $681.97 Million |
+32.74% |
| 2018-12-31 | ₩758.13 Billion ≈ $513.78 Million |
+16.24% |
| 2017-12-31 | ₩652.19 Billion ≈ $441.98 Million |
+14.54% |
| 2016-12-31 | ₩569.40 Billion ≈ $385.87 Million |
+5.79% |
| 2015-12-31 | ₩538.22 Billion ≈ $364.75 Million |
+4.55% |
| 2014-12-31 | ₩514.81 Billion ≈ $348.88 Million |
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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 69.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩770.86 Billion | 18.95% |
| Other Components | ₩3.30 Trillion | 81.05% |
| Total Equity | ₩4.07 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 |
|---|---|
|
Hanwha Systems Co Ltd
KO:272210
|
$12.18 Billion |
|
NIPPON YUSEN K.K.SP.DR1/5
F:NYK
|
$12.18 Billion |
|
Sonova H Ag
SW:SOON
|
$12.20 Billion |
|
CARLSBERG B DK20 ADR 1/5
F:CBGC
|
$12.20 Billion |
|
Exelixis Inc
NASDAQ:EXEL
|
$12.17 Billion |
|
BANKINTER ADR 2007 EO-30
F:BAK
|
$12.16 Billion |
|
Grupo Aeroportuario del Pacífico S.A.B. de C.V
F:G9N
|
$12.14 Billion |
|
ageas SA/NV
BR:AGS
|
$12.13 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 2024 to 2025, total equity changed from 2,970,273,518,780 to 4,067,558,055,710, a change of 1,097,284,536,930 (36.9%).
- Net income of 32,262,297,480 contributed positively to equity growth.
- Dividend payments of 1,081,938,000 reduced retained earnings.
- Share repurchases of 1,726,047,950 reduced equity.
- New share issuances of 1,102,749,651,260 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩32.26 Billion | +0.79% |
| Dividends Paid | ₩1.08 Billion | -0.03% |
| Share Repurchases | ₩1.73 Billion | -0.04% |
| Share Issuances | ₩1.10 Trillion | +27.11% |
| Other Changes | ₩-34.92 Billion | -0.86% |
| Total Change | ₩- | 36.94% |
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: 4.42x
- 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 19.39x to 4.42x 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 | ₩202000.00 | x |
| 2018-12-31 | ₩12117.31 | ₩202000.00 | x |
| 2019-12-31 | ₩15617.52 | ₩202000.00 | x |
| 2020-12-31 | ₩16407.58 | ₩202000.00 | x |
| 2021-12-31 | ₩30844.57 | ₩202000.00 | x |
| 2022-12-31 | ₩31922.38 | ₩202000.00 | x |
| 2023-12-31 | ₩30356.84 | ₩202000.00 | x |
| 2024-12-31 | ₩38358.15 | ₩202000.00 | x |
| 2025-12-31 | ₩45730.55 | ₩202000.00 | 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): 0.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.10%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.25x
- Recent ROE (0.79%) is below the historical average (6.73%), 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 |
| 2025 | 0.79% | 1.10% | 0.32x | 2.25x | ₩-374.49 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: $3,985,912,617,916
- Average return on equity (ROE) among peers: 0.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Posco Chemical Co Ltd (003670) | ₩4.51 Trillion | 14.38% | 1.03x | $12.18 Billion |
| Kumho Electric (001210) | $10.12 Billion | -33.57% | 2.04x | $20.84 Million |
| Taihan Electric Wire Co Ltd (001440) | $810.81 Billion | 0.00% | 3.61x | $4.97 Billion |
| Sebang Global Battery Co Ltd (004490) | $1.21 Trillion | 6.96% | 0.39x | $555.51 Million |
| LS Corp (006260) | $5.55 Trillion | 8.13% | 2.03x | $7.85 Billion |
| Daewon Cable (006340) | $81.19 Billion | 4.37% | 1.64x | $602.24 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $82.31 Billion | 2.44% | 1.71x | $678.48 Million |
| Samsung SDI (006400) | $11.45 Trillion | 5.74% | 0.38x | $27.33 Billion |
| Samsung Sdi Co Pref (006405) | $15.20 Trillion | 7.70% | 0.70x | $229.25 Million |
| LS Electric (010120) | $1.47 Trillion | 5.75% | 0.90x | $4.87 Billion |
About 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