Chin Yang Ind
Chin Yang Industry Co., Ltd. engages the manufacture and sale of plastic foam molded products in South Korea. It is also involved in manufacture and sale of auto parts; rental of real estate properties; and polyurethane manufacturing and toll processing activities. The company was formerly known as Chin Yang Co., Ltd. and changed its name to Chin Yang Industry Co., Ltd. in 2007. Chin Yang Industr… Read more
Chin Yang Ind (003780) - Net Assets
Latest net assets as of September 2025: ₩66.03 Billion KRW
Based on the latest financial reports, Chin Yang Ind (003780) has net assets worth ₩66.03 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩94.69 Billion) and total liabilities (₩28.66 Billion). 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 | ₩66.03 Billion |
| % of Total Assets | 69.73% |
| Annual Growth Rate | -1.74% |
| 5-Year Change | 48.21% |
| 10-Year Change | 76.25% |
| Growth Volatility | 22.05 |
Chin Yang Ind - Net Assets Trend (2006–2024)
This chart illustrates how Chin Yang Ind's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chin Yang Ind (2006–2024)
The table below shows the annual net assets of Chin Yang Ind from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩64.37 Billion | +12.91% |
| 2023-12-31 | ₩57.01 Billion | +11.28% |
| 2022-12-31 | ₩51.23 Billion | +7.92% |
| 2021-12-31 | ₩47.47 Billion | +9.30% |
| 2020-12-31 | ₩43.43 Billion | +5.77% |
| 2019-12-31 | ₩41.06 Billion | +15.94% |
| 2018-12-31 | ₩35.42 Billion | +3.52% |
| 2017-12-31 | ₩34.21 Billion | -3.44% |
| 2016-12-31 | ₩35.43 Billion | -2.98% |
| 2015-12-31 | ₩36.52 Billion | +9.94% |
| 2014-12-31 | ₩33.22 Billion | +3.02% |
| 2013-12-31 | ₩32.25 Billion | +27.47% |
| 2012-12-31 | ₩25.30 Billion | +3.76% |
| 2011-12-31 | ₩24.38 Billion | -72.37% |
| 2006-12-31 | ₩88.23 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chin Yang 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 5306976021000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩53.07 Billion | 82.45% |
| Other Components | ₩11.30 Billion | 17.55% |
| Total Equity | ₩64.37 Billion | 100.00% |
Chin Yang Ind Competitors by Market Cap
The table below lists competitors of Chin Yang Ind ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daesung Finetec Co.Ltd
KQ:104040
|
$24.26 Million |
|
Pyxus International Inc
PINK:PYYX
|
$24.26 Million |
|
BIOREM Inc
PINK:BIRMF
|
$24.28 Million |
|
WooDeumGee Farm Co., Ltd
KQ:403490
|
$24.28 Million |
|
ABVC Biopharma Inc
NASDAQ:ABVC
|
$24.26 Million |
|
Mas Murni Indonesia Tbk
JK:MAMI
|
$24.24 Million |
|
ZYUS Life Sciences Corporation
OTCGREY:ZLSCF
|
$24.23 Million |
|
Yi Shin Textile Industrial Co
TW:4440
|
$24.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chin Yang Ind's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 57,009,854,390 to 64,368,177,540, a change of 7,358,323,150 (12.9%).
- Net income of 10,046,023,800 contributed positively to equity growth.
- Dividend payments of 3,250,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩10.05 Billion | +15.61% |
| Dividends Paid | ₩3.25 Billion | -5.05% |
| Other Changes | ₩562.30 Million | +0.87% |
| Total Change | ₩- | 12.91% |
Book Value vs Market Value Analysis
This analysis compares Chin Yang 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: 1.13x
- 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 2.13x to 1.13x 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 | ₩2631.73 | ₩5600.00 | x |
| 2018-12-31 | ₩2724.36 | ₩5600.00 | x |
| 2019-12-31 | ₩3158.64 | ₩5600.00 | x |
| 2020-12-31 | ₩3340.75 | ₩5600.00 | x |
| 2021-12-31 | ₩3651.55 | ₩5600.00 | x |
| 2022-12-31 | ₩3940.73 | ₩5600.00 | x |
| 2023-12-31 | ₩4385.37 | ₩5600.00 | x |
| 2024-12-31 | ₩4951.40 | ₩5600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chin Yang 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): 15.61%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.39%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 1.49x
- Recent ROE (15.61%) is above the historical average (10.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.79% | 2.95% | 0.23x | 1.15x | ₩-8.12 Billion |
| 2011 | 17.36% | 11.41% | 1.19x | 1.28x | ₩1.79 Billion |
| 2012 | 11.96% | 8.32% | 1.14x | 1.26x | ₩496.98 Million |
| 2013 | 9.03% | 8.05% | 0.93x | 1.20x | ₩-313.03 Million |
| 2014 | 9.16% | 7.91% | 0.98x | 1.19x | ₩-277.69 Million |
| 2015 | 14.55% | 12.15% | 1.02x | 1.18x | ₩1.66 Billion |
| 2016 | 3.79% | 3.16% | 0.91x | 1.32x | ₩-2.20 Billion |
| 2017 | 4.86% | 3.71% | 0.96x | 1.37x | ₩-1.76 Billion |
| 2018 | 6.81% | 4.06% | 1.17x | 1.43x | ₩-1.13 Billion |
| 2019 | 16.62% | 11.03% | 1.13x | 1.33x | ₩2.72 Billion |
| 2020 | 11.83% | 7.99% | 0.91x | 1.63x | ₩793.58 Million |
| 2021 | 13.06% | 8.12% | 0.98x | 1.64x | ₩1.45 Billion |
| 2022 | 11.98% | 7.33% | 1.01x | 1.61x | ₩1.01 Billion |
| 2023 | 14.90% | 9.78% | 0.96x | 1.58x | ₩2.80 Billion |
| 2024 | 15.61% | 11.39% | 0.92x | 1.49x | ₩3.61 Billion |
Industry Comparison
This section compares Chin Yang Ind's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $398,025,048,426
- Average return on equity (ROE) among peers: 2.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chin Yang Ind (003780) | ₩66.03 Billion | 0.79% | 0.43x | $24.26 Million |
| Daewonkangup (000430) | $315.75 Billion | 1.97% | 1.28x | $58.39 Million |
| SG Choongbang Co Ltd (001380) | $26.46 Billion | 0.00% | 8.99x | $17.79 Million |
| Tae Won Mulsan (001420) | $31.76 Billion | 2.13% | 0.37x | $5.90 Million |
| Dongkook Ind (001620) | $196.05 Billion | 3.88% | 2.17x | $25.81 Million |
| PS Tec. Co. Ltd (002230) | $49.78 Billion | 10.24% | 0.22x | $43.72 Million |
| Nexen Tire (002350) | $1.60 Trillion | -1.74% | 1.47x | $179.05 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $106.79 Million |
| Dayou A-Tech (002880) | $170.34 Billion | -17.90% | 4.22x | $13.07 Million |
| Yoo Sung Ent (002920) | $161.80 Billion | 8.25% | 0.37x | $17.62 Million |