Taekyung Chem (006890) - Net Assets

Latest as of December 2025: ₩172.56 Billion KRW ≈ $116.94 Million USD

Based on the latest financial reports, Taekyung Chem (006890) has net assets worth ₩172.56 Billion KRW (≈ $116.94 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩224.43 Billion ≈ $152.09 Million USD) and total liabilities (₩51.87 Billion ≈ $35.15 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 006890 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩172.56 Billion
% of Total Assets	76.89%
Annual Growth Rate	6.51%
5-Year Change	22.4%
10-Year Change	80.44%
Growth Volatility	4.43

Taekyung Chem - Net Assets Trend (2011–2025)

This chart illustrates how Taekyung Chem's net assets have evolved over time, based on quarterly financial data. See Taekyung Chem defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Taekyung Chem (2011–2025)

The table below shows the annual net assets of Taekyung Chem from 2011 to 2025. For live valuation and market cap data, see Taekyung Chem market capitalisation.

Year	Net Assets	Change
2025-12-31	₩172.56 Billion ≈ $116.94 Million	+5.36%
2024-12-31	₩163.78 Billion ≈ $110.99 Million	+1.11%
2023-12-31	₩161.98 Billion ≈ $109.77 Million	+9.94%
2022-12-31	₩147.34 Billion ≈ $99.85 Million	+4.51%
2021-12-31	₩140.98 Billion ≈ $95.54 Million	+13.51%
2020-12-31	₩124.20 Billion ≈ $84.17 Million	+4.82%
2019-12-31	₩118.49 Billion ≈ $80.30 Million	+9.72%
2018-12-31	₩108.00 Billion ≈ $73.19 Million	+10.81%
2017-12-31	₩97.46 Billion ≈ $66.04 Million	+1.91%
2016-12-31	₩95.63 Billion ≈ $64.81 Million	-2.13%
2015-12-31	₩97.71 Billion ≈ $66.22 Million	+3.22%
2014-12-31	₩94.66 Billion ≈ $64.15 Million	+9.33%
2013-12-31	₩86.58 Billion ≈ $58.68 Million	+11.97%
2012-12-31	₩77.33 Billion ≈ $52.40 Million	+8.43%
2011-12-31	₩71.31 Billion ≈ $48.33 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Taekyung Chem'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 13131908133000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩131.32 Billion	76.10%
Other Components	₩41.24 Billion	23.90%
Total Equity	₩172.56 Billion	100.00%

Taekyung Chem Competitors by Market Cap

The table below lists competitors of Taekyung Chem ranked by their market capitalization.

Company	Market Cap
Liberty Shoes Limited NSE:LIBERTSHOE	$47.86 Million
De Nora India Limited NSE:DENORA	$47.87 Million
Sinher Technology Inc TW:4999	$47.89 Million
Workpoint Entertainment Public Company Limited BK:WORK	$47.90 Million
Bareket Capital Ltd TA:BRKT	$47.85 Million
Huneed Tech KO:005870	$47.82 Million
Theragen Etex Co.Ltd KQ:066700	$47.81 Million
Francotyp-Postalia Holding AG F:FPH	$47.81 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 163,784,617,310 to 172,558,115,600, a change of 8,773,498,290 (5.4%).
Net income of 8,746,862,170 contributed positively to equity growth.
Dividend payments of 2,040,101,820 reduced retained earnings.
New share issuances of 2,172,829,090 increased equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩8.75 Billion	+5.07%
Dividends Paid	₩2.04 Billion	-1.18%
Share Issuances	₩2.17 Billion	+1.26%
Other Changes	₩-106.09 Million	-0.06%
Total Change	₩-	5.36%

Book Value vs Market Value Analysis

This analysis compares Taekyung Chem'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: 0.41x
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 0.74x to 0.41x 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	₩8401.44	₩6230.00	x
2018-12-31	₩9371.84	₩6230.00	x
2019-12-31	₩10361.77	₩6230.00	x
2020-12-31	₩10958.48	₩6230.00	x
2021-12-31	₩12419.66	₩6230.00	x
2022-12-31	₩12992.20	₩6230.00	x
2023-12-31	₩14288.39	₩6230.00	x
2024-12-31	₩14450.86	₩6230.00	x
2025-12-31	₩15224.96	₩6230.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Taekyung Chem 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): 5.07%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 14.26%
• Asset Turnover: 0.27x
• Equity Multiplier: 1.30x
Recent ROE (5.07%) is below the historical average (6.48%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	10.98%	14.62%	0.63x	1.18x	₩695.49 Million
2012	9.31%	12.89%	0.62x	1.17x	₩-533.74 Million
2013	4.82%	8.04%	0.51x	1.17x	₩-4.49 Billion
2014	6.45%	11.32%	0.48x	1.19x	₩-3.36 Billion
2015	5.49%	10.54%	0.43x	1.21x	₩-4.41 Billion
2016	3.99%	7.44%	0.45x	1.18x	₩-5.74 Billion
2017	1.68%	3.35%	0.44x	1.14x	₩-8.11 Billion
2018	2.69%	6.13%	0.39x	1.14x	₩-7.89 Billion
2019	8.29%	23.48%	0.31x	1.14x	₩-2.03 Billion
2020	6.23%	16.44%	0.33x	1.13x	₩-4.69 Billion
2021	7.75%	20.19%	0.34x	1.14x	₩-3.16 Billion
2022	6.02%	14.88%	0.36x	1.14x	₩-5.86 Billion
2023	10.76%	24.62%	0.39x	1.13x	₩1.23 Billion
2024	7.70%	17.74%	0.39x	1.13x	₩-3.76 Billion
2025	5.07%	14.26%	0.27x	1.30x	₩-8.51 Billion

Industry Comparison

This section compares Taekyung Chem's net assets metrics with peer companies in the Utilities - Regulated Gas industry.

Industry Context

Industry: Utilities - Regulated Gas
Average net assets among peers: $707,579,613,936
Average return on equity (ROE) among peers: 7.46%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Taekyung Chem (006890)	₩172.56 Billion	10.98%	0.30x	$47.85 Million
Samchully (004690)	$566.73 Billion	7.93%	1.04x	$284.02 Million
Kyungdong Gas (012320)	$407.86 Billion	7.43%	1.46x	$73.14 Million
Yesco Holdings Co. Ltd (015360)	$608.99 Billion	3.23%	1.54x	$222.16 Million
Daesung Holdin (016710)	$581.66 Billion	7.33%	1.03x	$78.92 Million
Seoul City Gas (017390)	$290.45 Billion	15.26%	1.38x	$151.12 Million
Incheon City G (034590)	$200.00 Billion	6.09%	1.12x	$73.61 Million
Korea Gas Corporation (036460)	$3.36 Trillion	7.29%	2.37x	$2.06 Billion
GSE Co. Ltd (053050)	$94.39 Billion	3.77%	1.53x	$40.24 Million
Daesung Energy (117580)	$256.88 Billion	8.75%	1.19x	$127.90 Million

About Taekyung Chem

KO:006890 Korea Utilities - Regulated Gas

Market Cap

$47.85 Million

₩70.61 Billion KRW

Market Cap Rank

#22138 Global

#1361 in Korea

Share Price

₩6230.00

Change (1 day)

-4.45%

52-Week Range

₩6230.00 - ₩11910.00

All Time High

₩20390.58