Ak Holdings
AK Holdings, Inc., through its subsidiaries, manufactures and sells chemical products in South Korea, the People's Republic of China, Vietnam, and internationally. The company offers cosmetics and varnish, and detergent soaps. It also engages in the real estate leasing and investment, trading, servicing, domestic and international air transport, and air transport assistance activities, as well as… Read more
Ak Holdings (006840) - Net Assets
Latest net assets as of September 2025: ₩1.16 Trillion KRW
Based on the latest financial reports, Ak Holdings (006840) has net assets worth ₩1.16 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 (₩5.68 Trillion) and total liabilities (₩4.52 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 | ₩1.16 Trillion |
| % of Total Assets | 20.41% |
| Annual Growth Rate | 8.21% |
| 5-Year Change | 0.12% |
| 10-Year Change | 38.09% |
| Growth Volatility | 15.27 |
Ak Holdings - Net Assets Trend (2000–2024)
This chart illustrates how Ak Holdings's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ak Holdings (2000–2024)
The table below shows the annual net assets of Ak Holdings from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.25 Trillion | -3.80% |
| 2023-12-31 | ₩1.29 Trillion | +0.93% |
| 2022-12-31 | ₩1.28 Trillion | +6.65% |
| 2021-12-31 | ₩1.20 Trillion | -3.31% |
| 2020-12-31 | ₩1.24 Trillion | -13.04% |
| 2019-12-31 | ₩1.43 Trillion | -2.98% |
| 2018-12-31 | ₩1.47 Trillion | +27.94% |
| 2017-12-31 | ₩1.15 Trillion | +13.91% |
| 2016-12-31 | ₩1.01 Trillion | +12.18% |
| 2015-12-31 | ₩901.59 Billion | +9.02% |
| 2014-12-31 | ₩827.01 Billion | +30.23% |
| 2013-12-31 | ₩635.02 Billion | +54.03% |
| 2012-12-31 | ₩412.26 Billion | +16.45% |
| 2011-12-31 | ₩354.02 Billion | +17.51% |
| 2010-12-31 | ₩301.26 Billion | +23.98% |
| 2009-12-31 | ₩242.99 Billion | +1.78% |
| 2008-12-31 | ₩238.73 Billion | -6.67% |
| 2007-12-31 | ₩255.79 Billion | -15.74% |
| 2006-12-31 | ₩303.57 Billion | +5.42% |
| 2005-12-31 | ₩287.95 Billion | +15.57% |
| 2004-12-31 | ₩249.15 Billion | +8.89% |
| 2003-12-31 | ₩228.80 Billion | +6.61% |
| 2002-12-31 | ₩214.62 Billion | +21.74% |
| 2001-12-31 | ₩176.29 Billion | -5.95% |
| 2000-12-31 | ₩187.44 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ak Holdings'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 14817705443000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩148.18 Billion | 28.19% |
| Other Components | ₩377.50 Billion | 71.81% |
| Total Equity | ₩525.67 Billion | 100.00% |
Ak Holdings Competitors by Market Cap
The table below lists competitors of Ak Holdings ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Positive Physicians Holdings Inc
PINK:PPHI
|
$23.50 Million |
|
YATRA ONLINE DL-0001
F:26Y
|
$23.51 Million |
|
CAVATINA HOLDING ZY - 13
F:75U
|
$23.51 Million |
|
IGLOO SECURITY Inc
KQ:067920
|
$23.52 Million |
|
Numulae Gestion de Servicios SOCIMI SA
MC:YNUM
|
$23.49 Million |
|
Poh Huat Resources Holdings
KLSE:7088
|
$23.49 Million |
|
Prakash Pipes Limited
NSE:PPL
|
$23.49 Million |
|
Pollux Investasi Internasional Tbk PT
JK:POLI
|
$23.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ak Holdings's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 578,419,052,960 to 525,673,614,750, a change of -52,745,438,210 (-9.1%).
- Net loss of 29,129,296,720 reduced equity.
- Dividend payments of 17,194,036,220 reduced retained earnings.
- Share repurchases of 10,039,061,650 reduced equity.
- New share issuances of 69,836,150 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-29.13 Billion | -5.54% |
| Dividends Paid | ₩17.19 Billion | -3.27% |
| Share Repurchases | ₩10.04 Billion | -1.91% |
| Share Issuances | ₩69.84 Million | +0.01% |
| Other Changes | ₩3.55 Billion | +0.67% |
| Total Change | ₩- | -9.12% |
Book Value vs Market Value Analysis
This analysis compares Ak Holdings'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: 0.19x
- 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 | ₩54400.08 | ₩7850.00 | x |
| 2018-12-31 | ₩64784.96 | ₩7850.00 | x |
| 2019-12-31 | ₩63415.17 | ₩7850.00 | x |
| 2020-12-31 | ₩51252.82 | ₩7850.00 | x |
| 2021-12-31 | ₩45960.81 | ₩7850.00 | x |
| 2022-12-31 | ₩41947.89 | ₩7850.00 | x |
| 2023-12-31 | ₩44338.61 | ₩7850.00 | x |
| 2024-12-31 | ₩40295.41 | ₩7850.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ak Holdings 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): -5.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.65%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 10.15x
- Recent ROE (-5.54%) is below the historical average (6.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 3.13% | 2.21% | 0.72x | 1.98x | ₩-12.73 Billion |
| 2001 | 4.18% | 2.50% | 0.84x | 1.99x | ₩-10.12 Billion |
| 2002 | 10.83% | 4.82% | 1.00x | 2.25x | ₩1.66 Billion |
| 2003 | 5.96% | 2.77% | 1.07x | 2.02x | ₩-8.54 Billion |
| 2004 | 5.21% | 2.19% | 1.23x | 1.93x | ₩-11.01 Billion |
| 2005 | 2.93% | 1.03% | 0.96x | 2.96x | ₩-16.61 Billion |
| 2006 | 1.55% | 0.47% | 1.06x | 3.11x | ₩-19.63 Billion |
| 2007 | 10.94% | 3.80% | 1.46x | 1.97x | ₩2.36 Billion |
| 2010 | 19.06% | 3.38% | 2.07x | 2.73x | ₩23.23 Billion |
| 2011 | 12.05% | 2.92% | 1.75x | 2.35x | ₩6.96 Billion |
| 2012 | 50.44% | 42.47% | 0.69x | 1.72x | ₩145.78 Billion |
| 2013 | 18.82% | 3.58% | 0.94x | 5.57x | ₩37.60 Billion |
| 2014 | 11.78% | 2.29% | 1.04x | 4.96x | ₩9.94 Billion |
| 2015 | -7.67% | -1.53% | 1.12x | 4.45x | ₩-99.09 Billion |
| 2016 | 11.61% | 2.46% | 1.07x | 4.42x | ₩9.98 Billion |
| 2017 | 14.20% | 2.94% | 1.15x | 4.20x | ₩29.49 Billion |
| 2018 | 12.65% | 2.88% | 1.09x | 4.02x | ₩22.39 Billion |
| 2019 | 3.42% | 0.75% | 0.87x | 5.23x | ₩-54.45 Billion |
| 2020 | -23.01% | -5.87% | 0.63x | 6.21x | ₩-220.73 Billion |
| 2021 | -18.57% | -3.51% | 0.70x | 7.59x | ₩-171.29 Billion |
| 2022 | -11.11% | -1.61% | 0.76x | 9.14x | ₩-115.52 Billion |
| 2023 | 5.95% | 0.77% | 0.84x | 9.19x | ₩-23.40 Billion |
| 2024 | -5.54% | -0.65% | 0.84x | 10.15x | ₩-81.70 Billion |
Industry Comparison
This section compares Ak Holdings's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,252,997,989,292
- Average return on equity (ROE) among peers: 8.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ak Holdings (006840) | ₩1.16 Trillion | 3.13% | 3.90x | $23.50 Million |
| Rifa Ind (000760) | $181.15 Billion | -1.86% | 0.48x | $8.66 Million |
| Kumyang (001570) | $57.95 Billion | 24.95% | 1.85x | $316.82 Million |
| Sh E & Chemical Co. Ltd. (002360) | $94.10 Billion | 1.96% | 0.32x | $20.38 Million |
| KCC Corporation (002380) | $5.09 Trillion | 4.87% | 0.38x | $1.65 Billion |
| Miwon Commerci (002840) | $239.21 Billion | 9.14% | 0.38x | $100.20 Million |
| Taekwang Ind (003240) | $3.48 Trillion | 3.91% | 0.25x | $160.16 Million |
| Lotte Fine Chemical Co Ltd (004000) | $2.20 Trillion | 26.63% | 0.24x | $496.67 Million |
| Dongjin Semichem Co. Ltd (005290) | $133.88 Billion | 0.00% | 3.14x | $1.06 Billion |
| Isu Chemical Co Ltd (005950) | $279.30 Billion | 6.94% | 0.54x | $85.98 Million |
| Korea Petro Chemical Ind (006650) | $768.68 Billion | 3.91% | 0.65x | $316.72 Million |