Cosmo Chem (005420) - Net Assets
Based on the latest financial reports, Cosmo Chem (005420) has net assets worth ₩572.61 Billion KRW (≈ $388.05 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 (₩1.18 Trillion ≈ $797.80 Million USD) and total liabilities (₩604.63 Billion ≈ $409.75 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 Cosmo Chem liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩572.61 Billion |
| % of Total Assets | 48.64% |
| Annual Growth Rate | 6.21% |
| 5-Year Change | 136.28% |
| 10-Year Change | 282.55% |
| Growth Volatility | 31.84 |
Cosmo Chem - Net Assets Trend (2013–2024)
This chart illustrates how Cosmo Chem's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Cosmo Chem for the complete picture of this company's asset base.
Annual Net Assets for Cosmo Chem (2013–2024)
The table below shows the annual net assets of Cosmo Chem from 2013 to 2024. For live valuation and market cap data, see 005420 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩590.71 Billion ≈ $400.32 Million |
-8.34% |
| 2023-12-31 | ₩644.49 Billion ≈ $436.76 Million |
+61.67% |
| 2022-12-31 | ₩398.65 Billion ≈ $270.16 Million |
+31.65% |
| 2021-12-31 | ₩302.80 Billion ≈ $205.20 Million |
+21.12% |
| 2020-12-31 | ₩250.01 Billion ≈ $169.43 Million |
+10.05% |
| 2019-12-31 | ₩227.17 Billion ≈ $153.95 Million |
+39.82% |
| 2018-12-31 | ₩162.47 Billion ≈ $110.10 Million |
+2.60% |
| 2017-12-31 | ₩158.35 Billion ≈ $107.31 Million |
+50.13% |
| 2016-12-31 | ₩105.47 Billion ≈ $71.48 Million |
-31.69% |
| 2015-12-31 | ₩154.42 Billion ≈ $104.64 Million |
-43.61% |
| 2014-12-31 | ₩273.82 Billion ≈ $185.56 Million |
-10.06% |
| 2013-12-31 | ₩304.43 Billion ≈ $206.31 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Cosmo Chem'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 decreased by 772.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩305.28 Billion | 133.27% |
| Total Equity | ₩229.06 Billion | 100.00% |
Cosmo Chem Competitors by Market Cap
The table below lists competitors of Cosmo Chem ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiang Su New Technology Co. Ltd.
SHE:301229
|
$461.51 Million |
|
Ocugen Inc
NASDAQ:OCGN
|
$461.52 Million |
|
Sygnity SA
WAR:SGN
|
$461.83 Million |
|
Magnum Bhd
KLSE:3859
|
$461.86 Million |
|
Banco de Valores SA
BA:VALO
|
$461.40 Million |
|
Shaanxi Jinye Science Technology and Education Group Co Ltd
SHE:000812
|
$461.18 Million |
|
Dongbu Steel Co Ltd
KO:016380
|
$461.08 Million |
|
European Lithium Ltd
AU:EUR
|
$460.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cosmo Chem's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 294,531,871,760 to 229,064,862,510, a change of -65,467,009,250 (-22.2%).
- Net loss of 64,679,943,880 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-64.68 Billion | -28.24% |
| Other Changes | ₩-787.07 Million | -0.34% |
| Total Change | ₩- | -22.23% |
Book Value vs Market Value Analysis
This analysis compares Cosmo Chem'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: 2.97x
- 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 | ₩6147.77 | ₩17750.00 | x |
| 2018-12-31 | ₩5424.79 | ₩17750.00 | x |
| 2019-12-31 | ₩5356.55 | ₩17750.00 | x |
| 2020-12-31 | ₩4720.83 | ₩17750.00 | x |
| 2021-12-31 | ₩5492.41 | ₩17750.00 | x |
| 2022-12-31 | ₩6117.56 | ₩17750.00 | x |
| 2023-12-31 | ₩7677.23 | ₩17750.00 | x |
| 2024-12-31 | ₩5970.77 | ₩17750.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cosmo Chem 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): -28.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.63%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 5.26x
- Recent ROE (-28.24%) is below the historical average (-21.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -0.21% | -0.17% | 0.41x | 3.13x | ₩-24.90 Billion |
| 2014 | -18.53% | -14.99% | 0.35x | 3.55x | ₩-65.05 Billion |
| 2015 | -85.60% | -42.74% | 0.40x | 5.05x | ₩-119.34 Billion |
| 2016 | -98.97% | -25.60% | 0.60x | 6.45x | ₩-80.77 Billion |
| 2017 | 20.29% | 4.97% | 0.95x | 4.30x | ₩10.87 Billion |
| 2018 | -16.09% | -2.34% | 1.38x | 4.99x | ₩-25.77 Billion |
| 2019 | -10.38% | -3.56% | 0.79x | 3.68x | ₩-28.47 Billion |
| 2020 | -19.38% | -6.71% | 0.53x | 5.43x | ₩-36.18 Billion |
| 2021 | 7.12% | 2.12% | 0.75x | 4.46x | ₩-4.40 Billion |
| 2022 | 5.26% | 1.57% | 0.89x | 3.78x | ₩-10.15 Billion |
| 2023 | -9.11% | -3.36% | 0.73x | 3.70x | ₩-56.28 Billion |
| 2024 | -28.24% | -8.63% | 0.62x | 5.26x | ₩-87.59 Billion |
Industry Comparison
This section compares Cosmo Chem's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,026,335,037,822
- Average return on equity (ROE) among peers: 4.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cosmo Chem (005420) | ₩572.61 Billion | -0.21% | 1.06x | $461.48 Million |
| DL Holdings CO. LTD. (000210) | $1.66 Trillion | 6.33% | 1.17x | $1.01 Billion |
| DL Holdings Co Ltd Preferred (000215) | $6.05 Trillion | 10.68% | 1.12x | $34.58 Million |
| Norooholdings (000320) | $561.50 Billion | -1.46% | 0.76x | $153.49 Million |
| Noroo Holdings Co Ltd (000325) | $521.37 Billion | 12.36% | 0.89x | $5.20 Million |
| Samhwa Paint (000390) | $112.75 Billion | 4.20% | 1.16x | $158.92 Million |
| Kangnam Jevisco Co Ltd (000860) | $484.92 Billion | 4.78% | 0.21x | $148.36 Million |
| Paik Kwang Ind (001340) | $120.49 Billion | 1.97% | 1.33x | $219.31 Million |
| Bo Lak (002760) | $44.00 Billion | 0.90% | 0.23x | $46.56 Million |
| Songwon Industrial (004430) | $543.25 Billion | 13.30% | 1.05x | $257.79 Million |
| Cho Kwang Pain (004910) | $169.73 Billion | -4.27% | 1.27x | $33.78 Million |
About Cosmo Chem
Cosmo Chemical Co., Ltd., a chemical materials company, manufactures and sells titanium dioxide (TiO2) anatase in South Korea. The company offers COTIOX KA-100, a general purpose TiO2 anatase product for use in various applications, including rubbers, paints, papers, resins, etc.; and COTIOX KA-300, a TiO2 anatase product used in textiles comprising polyester filament, stable, and acryl fibers, a… Read more