Korea Petro Chemical Ind (006650) - Net Assets
Based on the latest financial reports, Korea Petro Chemical Ind (006650) has net assets worth ₩2.05 Trillion KRW (≈ $1.39 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 (₩2.71 Trillion ≈ $1.83 Billion USD) and total liabilities (₩656.50 Billion ≈ $444.90 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 Korea Petro Chemical Ind liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩2.05 Trillion |
| % of Total Assets | 75.73% |
| Annual Growth Rate | 7.83% |
| 5-Year Change | -4.57% |
| 10-Year Change | 74.55% |
| Growth Volatility | 14.83 |
Korea Petro Chemical Ind - Net Assets Trend (2005–2024)
This chart illustrates how Korea Petro Chemical Ind's net assets have evolved over time, based on quarterly financial data. Also explore 006650 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Korea Petro Chemical Ind (2005–2024)
The table below shows the annual net assets of Korea Petro Chemical Ind from 2005 to 2024. For live valuation and market cap data, see 006650 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.81 Trillion ≈ $1.23 Billion |
-0.94% |
| 2023-12-31 | ₩1.82 Trillion ≈ $1.24 Billion |
-2.00% |
| 2022-12-31 | ₩1.86 Trillion ≈ $1.26 Billion |
-8.24% |
| 2021-12-31 | ₩2.03 Trillion ≈ $1.38 Billion |
+7.13% |
| 2020-12-31 | ₩1.89 Trillion ≈ $1.28 Billion |
+6.49% |
| 2019-12-31 | ₩1.78 Trillion ≈ $1.21 Billion |
+4.56% |
| 2018-12-31 | ₩1.70 Trillion ≈ $1.15 Billion |
+15.47% |
| 2017-12-31 | ₩1.47 Trillion ≈ $998.37 Million |
+13.93% |
| 2016-12-31 | ₩1.29 Trillion ≈ $876.29 Million |
+24.86% |
| 2015-12-31 | ₩1.04 Trillion ≈ $701.80 Million |
+22.97% |
| 2014-12-31 | ₩842.12 Billion ≈ $570.69 Million |
+6.65% |
| 2013-12-31 | ₩789.61 Billion ≈ $535.11 Million |
+5.88% |
| 2012-12-31 | ₩745.73 Billion ≈ $505.37 Million |
-2.98% |
| 2011-12-31 | ₩768.68 Billion ≈ $520.92 Million |
+47.56% |
| 2010-12-31 | ₩520.92 Billion ≈ $353.02 Million |
-6.19% |
| 2009-12-31 | ₩555.28 Billion ≈ $376.30 Million |
+27.75% |
| 2008-12-31 | ₩434.65 Billion ≈ $294.55 Million |
-20.38% |
| 2007-12-31 | ₩545.90 Billion ≈ $369.95 Million |
+11.08% |
| 2006-12-31 | ₩491.43 Billion ≈ $333.03 Million |
+13.82% |
| 2005-12-31 | ₩431.77 Billion ≈ $292.61 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Korea Petro Chemical Ind'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 150492827938000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.50 Trillion | 83.25% |
| Other Components | ₩302.71 Billion | 16.75% |
| Total Equity | ₩1.81 Trillion | 100.00% |
Korea Petro Chemical Ind Competitors by Market Cap
The table below lists competitors of Korea Petro Chemical Ind ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhuhai Zhongfu Enterprise Co Ltd
SHE:000659
|
$758.20 Million |
|
Oil-Dri Corporation Of America
NYSE:ODC
|
$758.33 Million |
|
Jinxi Axle Co Ltd
SHG:600495
|
$758.46 Million |
|
Jiangsu Flowers King
SHG:603007
|
$758.59 Million |
|
Jiangsu Bioperfectus Technologies Co Ltd
SHG:688399
|
$757.86 Million |
|
Zhengzhou Coal Industry & Electric Power Co Ltd
SHG:600121
|
$757.74 Million |
|
Aeon Credit Service Bhd
KLSE:5139
|
$757.65 Million |
|
Shanghai Shenda Co Ltd
SHG:600626
|
$757.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korea Petro Chemical Ind's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,824,790,602,130 to 1,807,642,130,950, a change of -17,148,471,180 (-0.9%).
- Net loss of 8,528,519,000 reduced equity.
- Dividend payments of 6,176,100,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-8.53 Billion | -0.47% |
| Dividends Paid | ₩6.18 Billion | -0.34% |
| Other Changes | ₩-2.44 Billion | -0.14% |
| Total Change | ₩- | -0.94% |
Book Value vs Market Value Analysis
This analysis compares Korea Petro Chemical Ind'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: 0.62x
- 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 0.76x to 0.62x 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 | ₩238532.75 | ₩181100.00 | x |
| 2018-12-31 | ₩275432.24 | ₩181100.00 | x |
| 2019-12-31 | ₩287982.83 | ₩181100.00 | x |
| 2020-12-31 | ₩306685.40 | ₩181100.00 | x |
| 2021-12-31 | ₩328546.22 | ₩181100.00 | x |
| 2022-12-31 | ₩301477.05 | ₩181100.00 | x |
| 2023-12-31 | ₩295460.02 | ₩181100.00 | x |
| 2024-12-31 | ₩292683.43 | ₩181100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korea Petro Chemical Ind 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): -0.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.30%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 1.23x
- Recent ROE (-0.47%) is below the historical average (9.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 8.85% | 3.63% | 1.28x | 1.90x | ₩-4.91 Billion |
| 2006 | 11.01% | 4.10% | 1.52x | 1.77x | ₩4.91 Billion |
| 2007 | 11.32% | 4.26% | 1.73x | 1.54x | ₩7.16 Billion |
| 2009 | 21.94% | 7.25% | 1.76x | 1.71x | ₩65.77 Billion |
| 2010 | 14.80% | 4.18% | 1.92x | 1.84x | ₩24.82 Billion |
| 2011 | 3.94% | 1.48% | 1.59x | 1.67x | ₩-46.20 Billion |
| 2013 | 5.87% | 2.34% | 1.45x | 1.73x | ₩-32.37 Billion |
| 2014 | 7.67% | 3.12% | 1.43x | 1.72x | ₩-19.50 Billion |
| 2015 | 19.48% | 11.61% | 1.13x | 1.49x | ₩97.56 Billion |
| 2016 | 21.16% | 17.05% | 0.91x | 1.37x | ₩143.53 Billion |
| 2017 | 14.55% | 12.04% | 0.90x | 1.34x | ₩67.00 Billion |
| 2018 | 15.13% | 10.08% | 1.29x | 1.17x | ₩87.30 Billion |
| 2019 | 5.98% | 5.13% | 1.02x | 1.14x | ₩-71.52 Billion |
| 2020 | 6.72% | 6.76% | 0.88x | 1.12x | ₩-62.17 Billion |
| 2021 | 7.39% | 5.96% | 1.01x | 1.22x | ₩-52.98 Billion |
| 2022 | -8.01% | -6.71% | 1.01x | 1.18x | ₩-335.25 Billion |
| 2023 | -1.59% | -1.16% | 1.14x | 1.20x | ₩-211.52 Billion |
| 2024 | -0.47% | -0.30% | 1.26x | 1.23x | ₩-189.29 Billion |
Industry Comparison
This section compares Korea Petro Chemical Ind's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,294,516,846,280
- Average return on equity (ROE) among peers: 3.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Korea Petro Chemical Ind (006650) | ₩2.05 Trillion | 8.85% | 0.32x | $757.99 Million |
| Rifa Ind (000760) | $184.79 Billion | -1.16% | 0.52x | $29.96 Million |
| Kumyang (001570) | $21.43 Billion | 0.12% | 1.54x | $428.33 Million |
| Sh E & Chemical Co. Ltd. (002360) | $64.16 Billion | 3.67% | 0.88x | $26.35 Million |
| KCC Corporation (002380) | $5.38 Trillion | -0.85% | 1.40x | $2.77 Billion |
| Miwon Commerci (002840) | $400.46 Billion | 12.62% | 0.20x | $473.99 Million |
| Taekwang Ind (003240) | $3.48 Trillion | 3.91% | 0.25x | $570.36 Million |
| Lotte Fine Chemical Co Ltd (004000) | $1.19 Trillion | 7.48% | 0.38x | $1.20 Billion |
| Dongjin Semichem Co. Ltd (005290) | $553.45 Billion | 18.66% | 1.14x | $1.97 Billion |
| Isu Chemical Co Ltd (005950) | $373.77 Billion | -15.59% | 1.93x | $193.47 Million |
About Korea Petro Chemical Ind
Korea Petrochemical Ind. Co., Ltd. engages in the production and supply of petrochemicals in Korea and internationally. It offers olefins, such as ethylene, propylene, mixed C4, 1-butene, n-butane, isobutane, C4 and C3 LPG, H2, and Raw C5; aromatics, including benzene, toluene, mixed xylene, TPG, hexane (MH), C9+, and H-RPG+; EO/EG, consisting of MEG, DEG, TEG, PEG, and EO; PP products, used for … Read more