Nexen Corp
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
Nexen Corp (005725) - Net Assets
Latest net assets as of September 2025: ₩2.56 Trillion KRW
Based on the latest financial reports, Nexen Corp (005725) has net assets worth ₩2.56 Trillion KRW 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) and total liabilities (₩3.26 Trillion). 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 | ₩2.56 Trillion |
| % of Total Assets | 43.9% |
| Annual Growth Rate | 13.94% |
| 5-Year Change | 18.81% |
| 10-Year Change | 234.56% |
| Growth Volatility | 29.82 |
Nexen Corp - Net Assets Trend (2014–2024)
This chart illustrates how Nexen Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nexen Corp (2014–2024)
The table below shows the annual net assets of Nexen Corp from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩2.43 Trillion | +8.67% |
| 2023-12-31 | ₩2.23 Trillion | +4.71% |
| 2022-12-31 | ₩2.13 Trillion | +0.68% |
| 2021-12-31 | ₩2.12 Trillion | +3.70% |
| 2020-12-31 | ₩2.04 Trillion | +1.23% |
| 2019-12-31 | ₩2.02 Trillion | +7.10% |
| 2018-12-31 | ₩1.88 Trillion | +105.30% |
| 2017-12-31 | ₩917.08 Billion | +11.73% |
| 2016-12-31 | ₩820.79 Billion | +13.23% |
| 2015-12-31 | ₩724.88 Billion | +10.24% |
| 2014-12-31 | ₩657.57 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nexen Corp'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 113.4% 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 Corp Competitors by Market Cap
The table below lists competitors of Nexen Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RACCOON HOLDINGS INC.
F:R8C
|
$52.24 Million |
|
Optical Cable Corporation
NASDAQ:OCC
|
$52.26 Million |
|
Nan Ren Hu Leisure Amusement Co Ltd
TWO:5905
|
$52.26 Million |
|
Nevada King Gold Corp
OTCQB:NKGFF
|
$52.26 Million |
|
NVR (NVE.SG)
STU:NVE
|
$52.23 Million |
|
Isbir Holding AS
IS:ISBIR
|
$52.21 Million |
|
Funkwerk AG
F:FEW
|
$52.20 Million |
|
Prosafe SE
OL:PRS
|
$52.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nexen Corp'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 Corp'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: 0.17x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩17127.51 | ₩4495.00 | x |
| 2018-12-31 | ₩18200.98 | ₩4495.00 | x |
| 2019-12-31 | ₩19547.56 | ₩4495.00 | x |
| 2020-12-31 | ₩19998.79 | ₩4495.00 | x |
| 2021-12-31 | ₩21188.39 | ₩4495.00 | x |
| 2022-12-31 | ₩22295.02 | ₩4495.00 | x |
| 2023-12-31 | ₩23443.84 | ₩4495.00 | x |
| 2024-12-31 | ₩26119.64 | ₩4495.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nexen Corp 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 above the historical average (6.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 11.92% | 22.06% | 0.42x | 1.28x | ₩12.58 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 Corp's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $463,674,973,738
- Average return on equity (ROE) among peers: 2.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nexen Corp (005725) | ₩2.56 Trillion | 11.92% | 1.28x | $52.24 Million |
| Daewonkangup (000430) | $681.01 Billion | 3.47% | 0.91x | $58.53 Million |
| SG Choongbang Co Ltd (001380) | $119.64 Billion | 0.00% | 0.55x | $17.08 Million |
| Tae Won Mulsan (001420) | $32.21 Billion | 1.11% | 0.19x | $6.09 Million |
| Dongkook Ind (001620) | $179.34 Billion | -5.35% | 2.18x | $26.41 Million |
| PS Tec. Co. Ltd (002230) | $109.67 Billion | 4.01% | 0.07x | $40.17 Million |
| Nexen Tire (002350) | $1.55 Trillion | -1.09% | 1.29x | $176.66 Million |
| Nexen Tire Prf 1 (002355) | $1.60 Trillion | -1.74% | 1.47x | $107.38 Million |
| Dayou A-Tech (002880) | $153.37 Billion | 8.13% | 3.98x | $12.98 Million |
| Yoo Sung Ent (002920) | $170.85 Billion | 3.47% | 0.31x | $17.31 Million |
| Chin Yang Ind (003780) | $47.47 Billion | 13.06% | 0.64x | $23.96 Million |