Namsun Aluminium Co Ltd
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
Namsun Aluminium Co Ltd (008355) - Net Assets
Latest net assets as of September 2025: ₩313.03 Billion KRW
Based on the latest financial reports, Namsun Aluminium Co Ltd (008355) has net assets worth ₩313.03 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩457.35 Billion) and total liabilities (₩144.33 Billion). 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 | ₩313.03 Billion |
| % of Total Assets | 68.44% |
| Annual Growth Rate | 14.05% |
| 5-Year Change | 56.97% |
| 10-Year Change | 300.8% |
| Growth Volatility | 23.21 |
Namsun Aluminium Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Namsun Aluminium Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Namsun Aluminium Co Ltd (2008–2024)
The table below shows the annual net assets of Namsun Aluminium Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩297.53 Billion | -1.86% |
| 2023-12-31 | ₩303.17 Billion | -1.13% |
| 2022-12-31 | ₩306.64 Billion | +29.97% |
| 2021-12-31 | ₩235.93 Billion | +24.47% |
| 2020-12-31 | ₩189.54 Billion | +5.83% |
| 2019-12-31 | ₩179.10 Billion | +6.15% |
| 2018-12-31 | ₩168.72 Billion | +14.15% |
| 2017-12-31 | ₩147.81 Billion | +20.59% |
| 2016-12-31 | ₩122.57 Billion | +65.11% |
| 2011-12-31 | ₩74.23 Billion | +72.14% |
| 2010-12-31 | ₩43.12 Billion | +11.80% |
| 2009-12-31 | ₩38.57 Billion | +6.28% |
| 2008-12-31 | ₩36.30 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Namsun Aluminium Co Ltd'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 20851984646000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩179.16 Billion | 60.21% |
| Other Components | ₩118.37 Billion | 39.79% |
| Total Equity | ₩297.53 Billion | 100.00% |
Namsun Aluminium Co Ltd Competitors by Market Cap
The table below lists competitors of Namsun Aluminium Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reit 1 Ltd
PINK:RETDF
|
$816.72 Million |
|
Chacha Food Co Ltd
SHE:002557
|
$816.98 Million |
|
EVT Ltd
AU:EVT
|
$817.04 Million |
|
Qt Group Oyj
PINK:QTGPF
|
$817.19 Million |
|
Beijing Jingwei Hirain Technologies Co. Ltd. A
SHG:688326
|
$816.00 Million |
|
Cloetta AB (publ)
ST:CLA-B
|
$815.87 Million |
|
Shenzhen Center Power Tech Co Ltd
SHE:002733
|
$815.69 Million |
|
Dynagreen Environmental Protection Group Co Ltd
SHG:601330
|
$815.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Namsun Aluminium Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 303,168,213,250 to 297,532,317,360, a change of -5,635,895,890 (-1.9%).
- Net loss of 26,725,073,610 reduced equity.
- Other factors increased equity by 21,089,177,720.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-26.73 Billion | -8.98% |
| Other Changes | ₩21.09 Billion | +7.09% |
| Total Change | ₩- | -1.86% |
Book Value vs Market Value Analysis
This analysis compares Namsun Aluminium Co Ltd'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: 5.74x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 9.86x to 5.74x 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 | ₩13230.00 | x |
| 2018-12-31 | ₩1531.32 | ₩13230.00 | x |
| 2019-12-31 | ₩1625.54 | ₩13230.00 | x |
| 2020-12-31 | ₩1720.33 | ₩13230.00 | x |
| 2021-12-31 | ₩2141.34 | ₩13230.00 | x |
| 2022-12-31 | ₩2375.57 | ₩13230.00 | x |
| 2023-12-31 | ₩2348.70 | ₩13230.00 | x |
| 2024-12-31 | ₩2305.04 | ₩13230.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Namsun Aluminium Co Ltd 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): -8.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.23%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.36x
- Recent ROE (-8.98%) is below the historical average (7.42%), 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 | 6.68% | 1.04% | 1.43x | 4.47x | ₩-1.28 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 |
Industry Comparison
This section compares Namsun Aluminium Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $231,390,259,666
- Average return on equity (ROE) among peers: -0.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Namsun Aluminium Co Ltd (008355) | ₩313.03 Billion | -37.78% | 0.46x | $816.37 Million |
| Namsun Alumini (008350) | $306.64 Billion | 9.11% | 0.31x | $95.09 Million |
| Dae Chang (012800) | $250.26 Billion | -7.76% | 2.03x | $43.01 Million |
| Sung Kwang Bend Co.Ltd (014620) | $434.48 Billion | -0.28% | 0.14x | $357.89 Million |
| Seowon (021050) | $107.66 Billion | 2.88% | 1.06x | $25.52 Million |
| Lee Ku Ind (025820) | $96.95 Billion | -11.33% | 1.58x | $56.74 Million |
| Taewoong Co.Ltd (044490) | $634.26 Billion | 2.20% | 0.54x | $273.99 Million |
| Nara Mold & Die Co. Ltd (051490) | $44.59 Billion | 1.27% | 0.82x | $23.38 Million |
| Posco C&C Stl (058430) | $168.20 Billion | -1.29% | 1.61x | $79.25 Million |
| Haisung TPC Co. Ltd. (059270) | $39.47 Billion | -1.34% | 0.07x | $56.82 Million |