National Plastic Co Ltd Preferred
NPC Co., Ltd. manufactures and sells plastic products in South Korea. Its products include containers, pallets, chairs and desks, recycling bins, sheets, reversetap, and cups. The company was formerly known as National Plastic Co., Ltd. and changed its name to NPC Co., Ltd. in March 2010. NPC Co., Ltd. was founded in 1965 and is headquartered in Ansan-si, South Korea.
National Plastic Co Ltd Preferred (004255) - Net Assets
Latest net assets as of September 2025: ₩445.36 Billion KRW
Based on the latest financial reports, National Plastic Co Ltd Preferred (004255) has net assets worth ₩445.36 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 (₩613.70 Billion) and total liabilities (₩168.34 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 | ₩445.36 Billion |
| % of Total Assets | 72.57% |
| Annual Growth Rate | 9.01% |
| 5-Year Change | 48.37% |
| 10-Year Change | 109.91% |
| Growth Volatility | 5.8 |
National Plastic Co Ltd Preferred - Net Assets Trend (2014–2024)
This chart illustrates how National Plastic Co Ltd Preferred's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for National Plastic Co Ltd Preferred (2014–2024)
The table below shows the annual net assets of National Plastic Co Ltd Preferred from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩438.25 Billion | +20.11% |
| 2023-12-31 | ₩364.89 Billion | +5.94% |
| 2022-12-31 | ₩344.41 Billion | +6.56% |
| 2021-12-31 | ₩323.21 Billion | +9.42% |
| 2020-12-31 | ₩295.38 Billion | +3.93% |
| 2019-12-31 | ₩284.20 Billion | +8.89% |
| 2018-12-31 | ₩261.01 Billion | +4.17% |
| 2017-12-31 | ₩250.56 Billion | +1.72% |
| 2016-12-31 | ₩246.32 Billion | +17.98% |
| 2015-12-31 | ₩208.78 Billion | +12.88% |
| 2014-12-31 | ₩184.96 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to National Plastic Co Ltd Preferred'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 174.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩398.52 Billion | 90.93% |
| Other Components | ₩39.73 Billion | 9.07% |
| Total Equity | ₩438.25 Billion | 100.00% |
National Plastic Co Ltd Preferred Competitors by Market Cap
The table below lists competitors of National Plastic Co Ltd Preferred ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AJ Advance Technology Public Company Limited
BK:AJA
|
$21.27 Million |
|
Sam-A Pharm. Co. Ltd
KQ:009300
|
$21.27 Million |
|
W S Industries (I) Limited
NSE:WSI
|
$21.28 Million |
|
Neonode Inc
NASDAQ:NEON
|
$21.28 Million |
|
Shinih Enterprise Co Ltd
TW:9944
|
$21.26 Million |
|
Air T Inc
NASDAQ:AIRT
|
$21.25 Million |
|
Butterfly Gandhimathi Appliances Limited
NSE:BUTTERFLY
|
$21.25 Million |
|
Daiyang Metal
KO:009190
|
$21.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in National Plastic Co Ltd Preferred's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 364,886,556,110 to 438,252,928,150, a change of 73,366,372,040 (20.1%).
- Net income of 75,812,398,930 contributed positively to equity growth.
- Dividend payments of 4,136,212,200 reduced retained earnings.
- Share repurchases of 15,006,406,610 reduced equity.
- Other factors increased equity by 16,696,591,920.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩75.81 Billion | +17.3% |
| Dividends Paid | ₩4.14 Billion | -0.94% |
| Share Repurchases | ₩15.01 Billion | -3.42% |
| Other Changes | ₩16.70 Billion | +3.81% |
| Total Change | ₩- | 20.11% |
Book Value vs Market Value Analysis
This analysis compares National Plastic Co Ltd Preferred'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: 0.18x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.35x to 0.18x 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 | ₩6823.44 | ₩2360.00 | x |
| 2018-12-31 | ₩7108.11 | ₩2360.00 | x |
| 2019-12-31 | ₩7714.59 | ₩2360.00 | x |
| 2020-12-31 | ₩8019.46 | ₩2360.00 | x |
| 2021-12-31 | ₩7686.37 | ₩2360.00 | x |
| 2022-12-31 | ₩9416.03 | ₩2360.00 | x |
| 2023-12-31 | ₩8873.17 | ₩2360.00 | x |
| 2024-12-31 | ₩13316.17 | ₩2360.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently National Plastic Co Ltd Preferred 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): 17.30%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.54%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.32x
- Recent ROE (17.30%) is above the historical average (9.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 14.48% | 7.82% | 1.11x | 1.68x | ₩8.17 Billion |
| 2015 | 12.06% | 6.58% | 1.09x | 1.67x | ₩4.23 Billion |
| 2016 | 16.51% | 10.73% | 0.95x | 1.63x | ₩15.99 Billion |
| 2017 | 4.70% | 3.05% | 1.02x | 1.52x | ₩-13.29 Billion |
| 2018 | 4.54% | 2.86% | 1.06x | 1.51x | ₩-14.25 Billion |
| 2019 | 5.08% | 3.17% | 1.13x | 1.43x | ₩-13.93 Billion |
| 2020 | 6.41% | 4.37% | 1.05x | 1.39x | ₩-10.58 Billion |
| 2021 | 8.12% | 5.38% | 0.97x | 1.55x | ₩-6.05 Billion |
| 2022 | 8.17% | 5.16% | 1.03x | 1.53x | ₩-6.29 Billion |
| 2023 | 7.33% | 5.26% | 0.95x | 1.47x | ₩-9.75 Billion |
| 2024 | 17.30% | 16.54% | 0.79x | 1.32x | ₩31.99 Billion |
Industry Comparison
This section compares National Plastic Co Ltd Preferred's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $122,026,585,266
- Average return on equity (ROE) among peers: 8.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| National Plastic Co Ltd Preferred (004255) | ₩445.36 Billion | 14.48% | 0.38x | $21.26 Million |
| Shin Hwa Silup (001770) | $51.46 Billion | 21.03% | 0.72x | $7.22 Million |
| Export Packing (002200) | $216.92 Billion | -2.43% | 0.38x | $37.81 Million |
| Shin Poong Pap (002870) | $52.23 Billion | 16.72% | 2.20x | $13.09 Million |
| Sam Young Chem (003720) | $52.10 Billion | 5.19% | 1.61x | $118.93 Million |
| NPC Co. Ltd (004250) | $45.33 Billion | 10.07% | 0.26x | $36.66 Million |
| Samhwa Crown (004450) | $115.04 Billion | 6.86% | 0.24x | $6.79 Million |
| Daeryuk Can Co. Ltd (004780) | $100.06 Billion | 9.61% | 0.54x | $19.33 Million |
| Wonlim Corp. (005820) | $143.93 Billion | 5.00% | 0.18x | $7.14 Million |
| Youlchon Chem (008730) | $321.19 Billion | 6.51% | 0.64x | $182.52 Million |