Taeyang Metal (004100) - Net Assets

Latest as of September 2025: ₩105.32 Billion KRW ≈ $71.38 Million USD

Based on the latest financial reports, Taeyang Metal (004100) has net assets worth ₩105.32 Billion KRW (≈ $71.38 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 (₩538.31 Billion ≈ $364.81 Million USD) and total liabilities (₩432.99 Billion ≈ $293.43 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 004100 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩105.32 Billion
% of Total Assets	19.57%
Annual Growth Rate	1.02%
5-Year Change	10.95%
10-Year Change	9.59%
Growth Volatility	13.39

Taeyang Metal - Net Assets Trend (2008–2024)

This chart illustrates how Taeyang Metal's net assets have evolved over time, based on quarterly financial data. Also explore Taeyang Metal total assets for the complete picture of this company's asset base.

Annual Net Assets for Taeyang Metal (2008–2024)

The table below shows the annual net assets of Taeyang Metal from 2008 to 2024. For live valuation and market cap data, see Taeyang Metal market capitalisation.

Year	Net Assets	Change
2024-12-31	₩110.31 Billion ≈ $74.75 Million	+1.55%
2023-12-31	₩108.63 Billion ≈ $73.61 Million	-3.06%
2022-12-31	₩112.06 Billion ≈ $75.94 Million	+21.31%
2021-12-31	₩92.37 Billion ≈ $62.60 Million	-7.09%
2020-12-31	₩99.42 Billion ≈ $67.38 Million	+38.80%
2019-12-31	₩71.63 Billion ≈ $48.54 Million	-26.77%
2018-12-31	₩97.82 Billion ≈ $66.29 Million	-5.79%
2017-12-31	₩103.82 Billion ≈ $70.36 Million	-3.73%
2016-12-31	₩107.84 Billion ≈ $73.08 Million	+7.14%
2015-12-31	₩100.65 Billion ≈ $68.21 Million	+1.34%
2014-12-31	₩99.32 Billion ≈ $67.31 Million	+7.52%
2013-12-31	₩92.38 Billion ≈ $62.60 Million	+1.77%
2012-12-31	₩90.77 Billion ≈ $61.51 Million	-1.11%
2011-12-31	₩91.79 Billion ≈ $62.21 Million	-4.60%
2010-12-31	₩96.22 Billion ≈ $65.21 Million	+1.38%
2009-12-31	₩94.91 Billion ≈ $64.32 Million	+1.29%
2008-12-31	₩93.70 Billion ≈ $63.50 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Taeyang Metal'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 33320.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩20.06 Billion	18.31%
Other Components	₩89.47 Billion	81.69%
Total Equity	₩109.52 Billion	100.00%

Taeyang Metal Competitors by Market Cap

The table below lists competitors of Taeyang Metal ranked by their market capitalization.

Company	Market Cap
Cryomax Cooling System Corp TW:1587	$79.95 Million
Space Shuttle Hi-Tech Co Ltd TW:2440	$79.99 Million
Progress-Werk Oberkirch AG XETRA:PWO	$80.00 Million
Ibkimyoung Co. Ltd KQ:339950	$80.08 Million
Champions Oncology Inc NASDAQ:CSBR	$79.85 Million
DreamCIS Inc KQ:223250	$79.84 Million
Nevada King Gold Corp V:NKG	$79.76 Million
Rock Tech Lithium Inc V:RCK	$79.76 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Taeyang Metal's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 107,795,059,060 to 109,523,565,210, a change of 1,728,506,150 (1.6%).
Net income of 2,452,393,390 contributed positively to equity growth.
Dividend payments of 413,738,600 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩2.45 Billion	+2.24%
Dividends Paid	₩413.74 Million	-0.38%
Other Changes	₩-310.15 Million	-0.28%
Total Change	₩-	1.60%

Book Value vs Market Value Analysis

This analysis compares Taeyang Metal'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: 1.08x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	₩2833.59	₩3235.00	x
2018-12-31	₩2667.11	₩3235.00	x
2019-12-31	₩1946.67	₩3235.00	x
2020-12-31	₩2709.54	₩3235.00	x
2021-12-31	₩2521.50	₩3235.00	x
2022-12-31	₩3058.12	₩3235.00	x
2023-12-31	₩2959.46	₩3235.00	x
2024-12-31	₩3006.92	₩3235.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Taeyang Metal 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): 2.24%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.40%
• Asset Turnover: 1.17x
• Equity Multiplier: 4.82x
Recent ROE (2.24%) is above the historical average (-1.68%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	2.23%	1.01%	0.84x	2.65x	₩-7.28 Billion
2009	2.55%	1.20%	0.79x	2.68x	₩-7.07 Billion
2010	4.52%	1.59%	1.01x	2.81x	₩-5.27 Billion
2011	0.82%	0.22%	1.02x	3.71x	₩-8.38 Billion
2012	1.73%	0.36%	1.07x	4.49x	₩-7.46 Billion
2013	1.55%	0.31%	1.26x	3.97x	₩-7.76 Billion
2014	6.73%	1.40%	1.30x	3.69x	₩-3.23 Billion
2015	3.97%	0.81%	1.30x	3.76x	₩-5.93 Billion
2016	8.99%	2.02%	1.28x	3.48x	₩-1.09 Billion
2017	-3.96%	-0.87%	1.24x	3.65x	₩-14.41 Billion
2018	-5.52%	-1.19%	1.13x	4.08x	₩-15.08 Billion
2019	-31.17%	-4.69%	1.20x	5.55x	₩-29.19 Billion
2020	-9.59%	-2.34%	0.91x	4.48x	₩-19.34 Billion
2021	-13.09%	-2.60%	1.03x	4.87x	₩-21.21 Billion
2022	-0.56%	-0.11%	1.16x	4.41x	₩-11.77 Billion
2023	0.06%	0.01%	1.24x	4.63x	₩-10.71 Billion
2024	2.24%	0.40%	1.17x	4.82x	₩-8.50 Billion

Industry Comparison

This section compares Taeyang Metal'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
Taeyang Metal (004100)	₩105.32 Billion	2.23%	4.11x	$79.85 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 Taeyang Metal

KO:004100 Korea Auto Parts

Market Cap

$79.85 Million

₩117.83 Billion KRW

Market Cap Rank

#20047 Global

#1150 in Korea

Share Price

₩3235.00

Change (1 day)

-3.43%

52-Week Range

₩1966.00 - ₩3640.00

All Time High

₩4835.00