Nexen Corporation (005720) - Net Assets
Based on the latest financial reports, Nexen Corporation (005720) has net assets worth ₩2.56 Trillion KRW (≈ $1.73 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩5.82 Trillion ≈ $3.94 Billion USD) and total liabilities (₩3.26 Trillion ≈ $2.21 Billion 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 Nexen Corporation liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩2.56 Trillion |
| % of Total Assets | 43.9% |
| Annual Growth Rate | 11.07% |
| 5-Year Change | 18.81% |
| 10-Year Change | 234.56% |
| Growth Volatility | 25.72 |
Nexen Corporation - Net Assets Trend (2000–2024)
This chart illustrates how Nexen Corporation's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Nexen Corporation for the complete picture of this company's asset base.
Annual Net Assets for Nexen Corporation (2000–2024)
The table below shows the annual net assets of Nexen Corporation from 2000 to 2024. For live valuation and market cap data, see 005720 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩2.43 Trillion ≈ $1.64 Billion |
+8.67% |
| 2023-12-31 | ₩2.23 Trillion ≈ $1.51 Billion |
+4.71% |
| 2022-12-31 | ₩2.13 Trillion ≈ $1.44 Billion |
+0.68% |
| 2021-12-31 | ₩2.12 Trillion ≈ $1.43 Billion |
+3.70% |
| 2020-12-31 | ₩2.04 Trillion ≈ $1.38 Billion |
+1.23% |
| 2019-12-31 | ₩2.02 Trillion ≈ $1.37 Billion |
+7.10% |
| 2018-12-31 | ₩1.88 Trillion ≈ $1.28 Billion |
+105.30% |
| 2017-12-31 | ₩917.08 Billion ≈ $621.49 Million |
+11.73% |
| 2016-12-31 | ₩820.79 Billion ≈ $556.23 Million |
+13.23% |
| 2015-12-31 | ₩724.88 Billion ≈ $491.24 Million |
+10.24% |
| 2014-12-31 | ₩657.57 Billion ≈ $445.62 Million |
+10.82% |
| 2013-12-31 | ₩593.36 Billion ≈ $402.11 Million |
+12.72% |
| 2012-12-31 | ₩526.42 Billion ≈ $356.74 Million |
+64.76% |
| 2011-12-31 | ₩319.50 Billion ≈ $216.52 Million |
-47.00% |
| 2010-12-31 | ₩602.88 Billion ≈ $408.56 Million |
+17.51% |
| 2009-12-31 | ₩513.05 Billion ≈ $347.69 Million |
+29.63% |
| 2008-12-31 | ₩395.77 Billion ≈ $268.21 Million |
+10.67% |
| 2007-12-31 | ₩357.60 Billion ≈ $242.34 Million |
+7.39% |
| 2006-12-31 | ₩332.99 Billion ≈ $225.66 Million |
-0.58% |
| 2005-12-31 | ₩334.93 Billion ≈ $226.98 Million |
+6.96% |
| 2004-12-31 | ₩313.15 Billion ≈ $212.22 Million |
+15.28% |
| 2003-12-31 | ₩271.64 Billion ≈ $184.08 Million |
+11.39% |
| 2002-12-31 | ₩243.85 Billion ≈ $165.26 Million |
+13.62% |
| 2001-12-31 | ₩214.61 Billion ≈ $145.44 Million |
+9.99% |
| 2000-12-31 | ₩195.12 Billion ≈ $132.23 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nexen Corporation'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 104293020823000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.04 Trillion | 82.42% |
| Other Components | ₩222.46 Billion | 17.58% |
| Total Equity | ₩1.27 Trillion | 100.00% |
Nexen Corporation Competitors by Market Cap
The table below lists competitors of Nexen Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arkade Developers Ltd
NSE:ARKADE
|
$236.65 Million |
|
Texas Ventures Acquisition III Corp
NASDAQ:TVA
|
$236.70 Million |
|
Jetwell Computer Co Ltd
TWO:3147
|
$236.74 Million |
|
Aurelius Technologies Bhd
KLSE:5302
|
$236.75 Million |
|
Dimand S.A.
AT:DIMAND
|
$236.54 Million |
|
Qudian Inc
F:1QU
|
$236.46 Million |
|
Lubelski Wegiel Bogdanka S.A.
WAR:LWB
|
$236.37 Million |
|
AGORA INC. SP.ADS/4 CL.A
F:9AG1
|
$236.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nexen Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,166,907,216,060 to 1,265,392,393,050, a change of 98,485,176,990 (8.4%).
- Net income of 85,907,023,790 contributed positively to equity growth.
- Dividend payments of 13,420,635,840 reduced retained earnings.
- Share repurchases of 4,982,590,070 reduced equity.
- Other factors increased equity by 30,981,379,110.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩85.91 Billion | +6.79% |
| Dividends Paid | ₩13.42 Billion | -1.06% |
| Share Repurchases | ₩4.98 Billion | -0.39% |
| Other Changes | ₩30.98 Billion | +2.45% |
| Total Change | ₩- | 8.44% |
Book Value vs Market Value Analysis
This analysis compares Nexen Corporation'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: 0.28x
- 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 0.42x to 0.28x 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 | ₩17127.51 | ₩7200.00 | x |
| 2018-12-31 | ₩18200.98 | ₩7200.00 | x |
| 2019-12-31 | ₩19547.56 | ₩7200.00 | x |
| 2020-12-31 | ₩19998.79 | ₩7200.00 | x |
| 2021-12-31 | ₩21188.39 | ₩7200.00 | x |
| 2022-12-31 | ₩22295.02 | ₩7200.00 | x |
| 2023-12-31 | ₩23443.84 | ₩7200.00 | x |
| 2024-12-31 | ₩26119.64 | ₩7200.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nexen Corporation 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): 6.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.67%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 4.29x
- Recent ROE (6.79%) is below the historical average (9.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 11.69% | 2.99% | 0.96x | 4.10x | ₩1.72 Billion |
| 2002 | 11.34% | 3.09% | 0.90x | 4.07x | ₩1.56 Billion |
| 2003 | 10.03% | 2.91% | 0.88x | 3.91x | ₩38.99 Million |
| 2004 | 10.53% | 3.47% | 0.78x | 3.90x | ₩810.94 Million |
| 2005 | 7.10% | 2.06% | 0.82x | 4.20x | ₩-4.68 Billion |
| 2007 | 6.01% | 1.40% | 0.83x | 5.15x | ₩-6.73 Billion |
| 2008 | 15.67% | 3.23% | 0.81x | 5.96x | ₩11.64 Billion |
| 2009 | 18.30% | 3.80% | 0.92x | 5.22x | ₩20.55 Billion |
| 2010 | 13.52% | 2.80% | 0.92x | 5.24x | ₩10.05 Billion |
| 2011 | 12.24% | 13.92% | 0.54x | 1.63x | ₩7.16 Billion |
| 2012 | 14.25% | 26.05% | 0.40x | 1.38x | ₩22.17 Billion |
| 2013 | 11.54% | 17.83% | 0.48x | 1.34x | ₩9.03 Billion |
| 2014 | 11.86% | 22.00% | 0.42x | 1.27x | ₩12.21 Billion |
| 2015 | 10.76% | 25.41% | 0.35x | 1.22x | ₩5.48 Billion |
| 2016 | 12.11% | 40.95% | 0.25x | 1.18x | ₩17.31 Billion |
| 2017 | 8.92% | 31.83% | 0.24x | 1.18x | ₩-9.87 Billion |
| 2018 | 6.48% | 4.65% | 0.35x | 3.99x | ₩-33.72 Billion |
| 2019 | 5.75% | 2.59% | 0.56x | 3.98x | ₩-43.78 Billion |
| 2020 | 1.04% | 0.55% | 0.46x | 4.03x | ₩-94.27 Billion |
| 2021 | 2.63% | 1.20% | 0.53x | 4.16x | ₩-81.00 Billion |
| 2022 | 1.55% | 0.58% | 0.64x | 4.19x | ₩-95.35 Billion |
| 2023 | 3.57% | 1.37% | 0.60x | 4.34x | ₩-75.05 Billion |
| 2024 | 6.79% | 2.67% | 0.59x | 4.29x | ₩-40.63 Billion |
Industry Comparison
This section compares Nexen Corporation'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 |
|---|---|---|---|---|
| Nexen Corporation (005720) | ₩2.56 Trillion | 11.69% | 1.28x | $236.58 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 Nexen Corporation
Nexen Corporation manufactures and sells rubber products in South Korea. The company offers tubes and flaps, solid tires, golf balls, and bladders for tires, and carbon masterbatch related products. It provides logistics services comprising of sea, bulk, air, inland transport and distribution, warehouse, and knock down. The company exports and distributes its products to approximately 140 countri… Read more