Namsun Alumini (008350) - Net Assets
Based on the latest financial reports, Namsun Alumini (008350) has net assets worth ₩286.60 Billion KRW (≈ $194.23 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩460.50 Billion ≈ $312.08 Million USD) and total liabilities (₩173.90 Billion ≈ $117.85 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 Namsun Alumini (008350) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩286.60 Billion |
| % of Total Assets | 62.24% |
| Annual Growth Rate | 12.87% |
| 5-Year Change | 20.45% |
| 10-Year Change | 131.86% |
| Growth Volatility | 23.32 |
Namsun Alumini - Net Assets Trend (2008–2025)
This chart illustrates how Namsun Alumini's net assets have evolved over time, based on quarterly financial data. See Namsun Alumini (008350) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Namsun Alumini (2008–2025)
The table below shows the annual net assets of Namsun Alumini from 2008 to 2025. For live valuation and market cap data, see Namsun Alumini (008350) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩284.19 Billion ≈ $192.59 Million |
-4.48% |
| 2024-12-31 | ₩297.53 Billion ≈ $201.63 Million |
-1.86% |
| 2023-12-31 | ₩303.17 Billion ≈ $205.45 Million |
-1.13% |
| 2022-12-31 | ₩306.64 Billion ≈ $207.80 Million |
+29.97% |
| 2021-12-31 | ₩235.93 Billion ≈ $159.89 Million |
+24.47% |
| 2020-12-31 | ₩189.54 Billion ≈ $128.45 Million |
+5.83% |
| 2019-12-31 | ₩179.10 Billion ≈ $121.37 Million |
+6.15% |
| 2018-12-31 | ₩168.72 Billion ≈ $114.34 Million |
+14.15% |
| 2017-12-31 | ₩147.81 Billion ≈ $100.17 Million |
+20.59% |
| 2016-12-31 | ₩122.57 Billion ≈ $83.06 Million |
+65.11% |
| 2011-12-31 | ₩74.23 Billion ≈ $50.31 Million |
+72.14% |
| 2010-12-31 | ₩43.12 Billion ≈ $29.22 Million |
+11.80% |
| 2009-12-31 | ₩38.57 Billion ≈ $26.14 Million |
+6.28% |
| 2008-12-31 | ₩36.30 Billion ≈ $24.60 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Namsun Alumini'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 21404199144000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩184.68 Billion | 64.99% |
| Other Components | ₩99.51 Billion | 35.01% |
| Total Equity | ₩284.19 Billion | 100.00% |
Namsun Alumini Competitors by Market Cap
The table below lists competitors of Namsun Alumini ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Argent
JSE:ART
|
$105.76 Million |
|
Faraday Future Intelligent Electric Inc
NASDAQ:FFIE
|
$105.77 Million |
|
MEDIPOST Co. Ltd
KQ:078160
|
$105.79 Million |
|
Oneview Healthcare Plc
AU:ONE
|
$105.83 Million |
|
Noroo Paint
KO:090350
|
$105.72 Million |
|
Spyrosoft Spólka Akcyjna
F:2NP
|
$105.66 Million |
|
Lee Ku Ind
KO:025820
|
$105.61 Million |
|
ATrack Technology
TWO:6465
|
$105.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Namsun Alumini's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 297,532,317,360 to 284,188,276,540, a change of -13,344,040,820 (-4.5%).
- Net income of 3,634,987,280 contributed positively to equity growth.
- Other factors decreased equity by 16,979,028,100.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.63 Billion | +1.28% |
| Other Changes | ₩-16.98 Billion | -5.97% |
| Total Change | ₩- | -4.48% |
Book Value vs Market Value Analysis
This analysis compares Namsun Alumini'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: 0.55x
- 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 0.90x to 0.55x 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 | ₩1341.54 | ₩1209.00 | x |
| 2018-12-31 | ₩1531.32 | ₩1209.00 | x |
| 2019-12-31 | ₩1625.54 | ₩1209.00 | x |
| 2020-12-31 | ₩1720.33 | ₩1209.00 | x |
| 2021-12-31 | ₩2141.34 | ₩1209.00 | x |
| 2022-12-31 | ₩2375.57 | ₩1209.00 | x |
| 2023-12-31 | ₩2348.70 | ₩1209.00 | x |
| 2024-12-31 | ₩2305.04 | ₩1209.00 | x |
| 2025-12-31 | ₩2201.66 | ₩1209.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Namsun Alumini 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): 1.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.40%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.54x
- Recent ROE (1.28%) is below the historical average (6.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -37.78% | -7.51% | 1.14x | 4.39x | ₩-17.27 Billion |
| 2009 | 6.65% | 1.04% | 1.43x | 4.45x | ₩-1.29 Billion |
| 2010 | 16.51% | 2.62% | 1.29x | 4.90x | ₩2.80 Billion |
| 2011 | 33.41% | 8.18% | 1.17x | 3.50x | ₩17.34 Billion |
| 2016 | 16.64% | 5.09% | 1.41x | 2.31x | ₩8.14 Billion |
| 2017 | 14.71% | 5.43% | 1.41x | 1.93x | ₩6.96 Billion |
| 2018 | 14.95% | 7.25% | 1.15x | 1.80x | ₩8.35 Billion |
| 2019 | 8.08% | 4.46% | 1.10x | 1.65x | ₩-3.43 Billion |
| 2020 | 5.56% | 3.93% | 0.91x | 1.56x | ₩-8.42 Billion |
| 2021 | 17.67% | 18.10% | 0.65x | 1.51x | ₩18.10 Billion |
| 2022 | 9.11% | 10.92% | 0.64x | 1.31x | ₩-2.73 Billion |
| 2023 | -0.09% | -0.08% | 0.72x | 1.43x | ₩-30.58 Billion |
| 2024 | -8.98% | -9.23% | 0.72x | 1.36x | ₩-56.48 Billion |
| 2025 | 1.28% | 1.40% | 0.59x | 1.54x | ₩-24.78 Billion |
Industry Comparison
This section compares Namsun Alumini's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $157,476,326,244
- Average return on equity (ROE) among peers: -3.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Namsun Alumini (008350) | ₩286.60 Billion | -37.78% | 0.61x | $105.76 Million |
| Namsun Aluminium Co Ltd (008355) | $74.23 Billion | 33.34% | 2.50x | $2.09 Million |
| Dae Chang (012800) | $185.42 Billion | -10.15% | 2.55x | $65.84 Million |
| Sung Kwang Bend Co.Ltd (014620) | $371.88 Billion | 14.62% | 0.37x | $562.42 Million |
| Daedong Metals Co. Ltd (020400) | $35.98 Billion | 4.24% | 1.95x | $14.67 Million |
| Seowon (021050) | $66.70 Billion | -79.79% | 2.67x | $38.25 Million |
| Lee Ku Ind (025820) | $101.22 Billion | -3.32% | 1.60x | $105.61 Million |
| Essen Tech Co. Ltd (043340) | $30.05 Billion | 6.70% | 0.60x | $51.38 Million |
| Taewoong Co.Ltd (044490) | $475.56 Billion | 1.50% | 0.62x | $539.64 Million |
| Nara Mold & Die Co. Ltd (051490) | $76.24 Billion | 3.31% | 1.24x | $25.11 Million |
About Namsun Alumini
Namsun Aluminum Co., Ltd. produces and sells aluminum extruded products in South Korea and internationally. It offers aluminum windows and doors, curtain walls, industrial structure materials, and bomb blast mitigated windows, as well as housing chassis for windows and doors. The company was formerly known as Namsun Light Metals Co., Ltd. and changed its name to Namsun Aluminum Co., Ltd. in 1990.… Read more