Green Cross Corp (006280) - Net Assets

Latest as of September 2025: ₩1.49 Trillion KRW ≈ $1.01 Billion USD

Based on the latest financial reports, Green Cross Corp (006280) has net assets worth ₩1.49 Trillion KRW (≈ $1.01 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 (₩3.19 Trillion ≈ $2.16 Billion USD) and total liabilities (₩1.70 Trillion ≈ $1.15 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 Green Cross Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩1.49 Trillion
% of Total Assets	46.67%
Annual Growth Rate	19.44%
5-Year Change	16.68%
10-Year Change	48.44%
Growth Volatility	60.12

Green Cross Corp - Net Assets Trend (2003–2024)

This chart illustrates how Green Cross Corp's net assets have evolved over time, based on quarterly financial data. See 006280 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Green Cross Corp (2003–2024)

The table below shows the annual net assets of Green Cross Corp from 2003 to 2024. For live valuation and market cap data, see market cap of Green Cross Corp.

Year	Net Assets	Change
2024-12-31	₩1.48 Trillion ≈ $1.00 Billion	-3.82%
2023-12-31	₩1.54 Trillion ≈ $1.04 Billion	-1.71%
2022-12-31	₩1.57 Trillion ≈ $1.06 Billion	+4.46%
2021-12-31	₩1.50 Trillion ≈ $1.02 Billion	+18.16%
2020-12-31	₩1.27 Trillion ≈ $860.19 Million	+7.20%
2019-12-31	₩1.18 Trillion ≈ $802.43 Million	+5.14%
2018-12-31	₩1.13 Trillion ≈ $763.21 Million	+1.58%
2017-12-31	₩1.11 Trillion ≈ $751.36 Million	+4.69%
2016-12-31	₩1.06 Trillion ≈ $717.68 Million	+6.14%
2015-12-31	₩997.70 Billion ≈ $676.13 Million	+8.37%
2014-12-31	₩920.63 Billion ≈ $623.90 Million	+9.68%
2013-12-31	₩839.41 Billion ≈ $568.86 Million	+22.50%
2012-12-31	₩685.23 Billion ≈ $464.37 Million	+8.72%
2011-12-31	₩630.28 Billion ≈ $427.13 Million	+16.24%
2010-12-31	₩542.23 Billion ≈ $367.46 Million	+191.56%
2006-12-31	₩185.98 Billion ≈ $126.03 Million	+27.65%
2005-12-31	₩145.70 Billion ≈ $98.74 Million	+33.73%
2004-12-31	₩108.95 Billion ≈ $73.83 Million	+206.90%
2003-12-31	₩35.50 Billion ≈ $24.06 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Green Cross 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 81533563981000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩815.34 Billion	65.09%
Other Components	₩437.31 Billion	34.91%
Total Equity	₩1.25 Trillion	100.00%

Green Cross Corp Competitors by Market Cap

The table below lists competitors of Green Cross Corp ranked by their market capitalization.

Company	Market Cap
JinkoSolar Holding Co. Ltd F:ZJS1	$1.01 Billion
Jefferson Capital, Inc. Common Stock NASDAQ:JCAP	$1.01 Billion
Shijiazhuang Tonhe Electronics Technologies Co Ltd SHE:300491	$1.01 Billion
Beijing Watertek Information Technology Co Ltd SHE:300324	$1.01 Billion
Glotech Industrial TWO:5475	$1.01 Billion
Aedas Homes SL MC:AEDAS	$1.01 Billion
UP FINT. HLDG (SP.ADR) A F:1M5	$1.01 Billion
EPIC Suisse AG SW:EPIC	$1.01 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,300,236,293,690 to 1,252,644,924,130, a change of -47,591,369,560 (-3.7%).
Net loss of 26,280,215,150 reduced equity.
Dividend payments of 19,532,262,500 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩-26.28 Billion	-2.1%
Dividends Paid	₩19.53 Billion	-1.56%
Other Changes	₩-1.78 Billion	-0.14%
Total Change	₩-	-3.66%

Book Value vs Market Value Analysis

This analysis compares Green Cross 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: 1.19x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 1.43x to 1.19x 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	₩91141.41	₩130600.00	x
2018-12-31	₩92840.80	₩130600.00	x
2019-12-31	₩91887.77	₩130600.00	x
2020-12-31	₩98002.82	₩130600.00	x
2021-12-31	₩111692.86	₩130600.00	x
2022-12-31	₩116367.45	₩130600.00	x
2023-12-31	₩113924.12	₩130600.00	x
2024-12-31	₩109754.26	₩130600.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Green Cross 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): -2.10%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1.56%
• Asset Turnover: 0.61x
• Equity Multiplier: 2.19x
Recent ROE (-2.10%) is below the historical average (8.59%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	21.09%	6.90%	1.19x	2.58x	₩3.79 Billion
2004	6.37%	4.78%	0.57x	2.36x	₩-3.86 Billion
2005	20.46%	7.82%	1.25x	2.08x	₩14.90 Billion
2006	19.04%	8.59%	1.12x	1.99x	₩16.52 Billion
2010	19.44%	13.23%	1.07x	1.38x	₩50.84 Billion
2011	8.96%	7.21%	0.89x	1.39x	₩-6.45 Billion
2012	7.98%	6.61%	0.85x	1.42x	₩-13.54 Billion
2013	8.51%	7.89%	0.80x	1.34x	₩-12.24 Billion
2014	9.40%	8.61%	0.73x	1.49x	₩-5.32 Billion
2015	9.93%	9.06%	0.74x	1.48x	₩-713.55 Million
2016	6.34%	5.26%	0.77x	1.56x	₩-36.34 Billion
2017	5.12%	4.13%	0.76x	1.64x	₩-50.77 Billion
2018	3.25%	2.58%	0.77x	1.63x	₩-71.53 Billion
2019	-0.35%	-0.27%	0.70x	1.87x	₩-108.51 Billion
2020	7.25%	5.39%	0.70x	1.92x	₩-30.80 Billion
2021	9.67%	8.01%	0.62x	1.93x	₩-4.27 Billion
2022	4.93%	3.82%	0.68x	1.90x	₩-67.36 Billion
2023	-2.05%	-1.64%	0.62x	2.03x	₩-156.66 Billion
2024	-2.10%	-1.56%	0.61x	2.19x	₩-151.54 Billion

Industry Comparison

This section compares Green Cross Corp's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.

Industry Context

Industry: Drug Manufacturers - Specialty & Generic
Average net assets among peers: $329,362,045,253
Average return on equity (ROE) among peers: 3.99%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Green Cross Corp (006280)	₩1.49 Trillion	21.09%	1.14x	$1.01 Billion
Dongwha Pharm.Co.Ltd (000020)	$297.40 Billion	3.39%	0.25x	$97.49 Million
Yuhan Corp. (000100)	$519.03 Billion	9.81%	0.47x	$3.90 Billion
Yuhan Corp Preferred (000105)	$1.65 Trillion	3.48%	0.32x	$51.83 Million
Yuyu Pharma (000220)	$128.69 Billion	-1.72%	0.50x	$43.48 Million
Yuyu Pharma Inc (000225)	$120.36 Billion	-5.97%	0.65x	$14.47 Million
Yuyu Pharma Inc (000227)	$86.87 Billion	4.63%	0.56x	$42.09 Million
Ildong Holdings Co Ltd (000230)	$55.81 Billion	8.24%	2.38x	$53.57 Million
Samil Pharm (000520)	$54.41 Billion	1.08%	0.83x	$101.43 Million
Donga Socio Holdings (000640)	$266.72 Billion	7.48%	1.59x	$367.37 Million
Jw Pharmac (001060)	$112.60 Billion	9.51%	2.66x	$416.42 Million

About Green Cross Corp

KO:006280 Korea Drug Manufacturers - Specialty & Generic

Market Cap

$1.01 Billion

₩1.49 Trillion KRW

Market Cap Rank

#9024 Global

#245 in Korea

Share Price

₩130600.00

Change (1 day)

-0.38%

52-Week Range

₩118700.00 - ₩180300.00

All Time High

₩493171.17