Chin Yang Ind (003780) - Net Assets

Latest as of September 2025: ₩66.03 Billion KRW ≈ $44.75 Million USD

Based on the latest financial reports, Chin Yang Ind (003780) has net assets worth ₩66.03 Billion KRW (≈ $44.75 Million USD) 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 ≈ $64.17 Million USD) and total liabilities (₩28.66 Billion ≈ $19.43 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 003780 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 003780 asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of Chin Yang Ind.

Year	Net Assets	Change
2024-12-31	₩64.37 Billion ≈ $43.62 Million	+12.91%
2023-12-31	₩57.01 Billion ≈ $38.63 Million	+11.28%
2022-12-31	₩51.23 Billion ≈ $34.72 Million	+7.92%
2021-12-31	₩47.47 Billion ≈ $32.17 Million	+9.30%
2020-12-31	₩43.43 Billion ≈ $29.43 Million	+5.77%
2019-12-31	₩41.06 Billion ≈ $27.83 Million	+15.94%
2018-12-31	₩35.42 Billion ≈ $24.00 Million	+3.52%
2017-12-31	₩34.21 Billion ≈ $23.19 Million	-3.44%
2016-12-31	₩35.43 Billion ≈ $24.01 Million	-2.98%
2015-12-31	₩36.52 Billion ≈ $24.75 Million	+9.94%
2014-12-31	₩33.22 Billion ≈ $22.51 Million	+3.02%
2013-12-31	₩32.25 Billion ≈ $21.85 Million	+27.47%
2012-12-31	₩25.30 Billion ≈ $17.14 Million	+3.76%
2011-12-31	₩24.38 Billion ≈ $16.52 Million	-72.37%
2006-12-31	₩88.23 Billion ≈ $59.79 Million	--

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
Aksu Enerji ve Ticaret AS IS:AKSUE	$51.29 Million
SOLUCIONES CUATROO.EO-04 F:5XW	$51.30 Million
Metalstech Ltd AU:MTC	$51.31 Million
Full Wang International Development Co Ltd TWO:6219	$51.38 Million
Thai Reinsurance Public Company Limited BK:THRE	$51.24 Million
Foods & Inns Limited NSE:FOODSIN	$51.22 Million
Burberry Group PLC LSE:BRBY	$51.21 Million
MNC Vision Networks PT JK:IPTV	$51.21 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: 1.18x
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 2.21x to 1.18x 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	₩5820.00	x
2018-12-31	₩2724.36	₩5820.00	x
2019-12-31	₩3158.64	₩5820.00	x
2020-12-31	₩3340.75	₩5820.00	x
2021-12-31	₩3651.55	₩5820.00	x
2022-12-31	₩3940.73	₩5820.00	x
2023-12-31	₩4385.37	₩5820.00	x
2024-12-31	₩4951.40	₩5820.00	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: $565,000,713,308
Average return on equity (ROE) among peers: 2.34%

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	$51.27 Million
Hankook Tire Worldwide (000240)	$1.77 Trillion	-1.14%	2.04x	$1.60 Billion
Daewonkangup (000430)	$111.59 Billion	3.26%	1.76x	$183.40 Million
SG Choongbang Co Ltd (001380)	$26.46 Billion	0.00%	8.99x	$33.46 Million
Tae Won Mulsan (001420)	$32.20 Billion	1.67%	0.19x	$15.16 Million
Dongkook Ind (001620)	$170.07 Billion	-12.97%	2.34x	$48.42 Million
PS Tec. Co. Ltd (002230)	$42.65 Billion	9.95%	0.26x	$112.51 Million
Nexen Tire (002350)	$1.60 Trillion	0.30%	1.39x	$484.20 Million
Nexen Tire Prf 1 (002355)	$1.56 Trillion	7.59%	1.21x	$19.07 Million
Dayou A-Tech (002880)	$52.20 Billion	11.76%	2.72x	$31.63 Million
Yoo Sung Ent (002920)	$289.11 Billion	3.03%	0.31x	$33.27 Million

About Chin Yang Ind

KO:003780 Korea Auto Parts

Market Cap

$51.27 Million

₩75.66 Billion KRW

Market Cap Rank

#21784 Global

#1420 in Korea

Share Price

₩5820.00

Change (1 day)

-0.85%

52-Week Range

₩5280.00 - ₩7940.00

All Time High

₩12047.59