Moorim Paper
Moorim Paper Co., Ltd. manufactures and sells paper products. The company offers printing and writing papers; and eco, industrial, board, transfer, and fancy papers. It also provides bleach chemical pulp, pump material, pulp powder, and black liquor. The company was founded in 1975 and is headquartered in Seoul, South Korea.
Moorim Paper (009200) - Net Assets
Latest net assets as of September 2025: ₩716.36 Billion KRW
Based on the latest financial reports, Moorim Paper (009200) has net assets worth ₩716.36 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 (₩2.53 Trillion) and total liabilities (₩1.81 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 | ₩716.36 Billion |
| % of Total Assets | 28.36% |
| Annual Growth Rate | 6.52% |
| 5-Year Change | 12.39% |
| 10-Year Change | 21.58% |
| Growth Volatility | 18.72 |
Moorim Paper - Net Assets Trend (2000–2024)
This chart illustrates how Moorim Paper's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Moorim Paper (2000–2024)
The table below shows the annual net assets of Moorim Paper from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩724.75 Billion | +6.35% |
| 2023-12-31 | ₩681.49 Billion | -1.15% |
| 2022-12-31 | ₩689.41 Billion | +6.63% |
| 2021-12-31 | ₩646.55 Billion | +0.26% |
| 2020-12-31 | ₩644.85 Billion | -6.26% |
| 2019-12-31 | ₩687.91 Billion | +3.05% |
| 2018-12-31 | ₩667.55 Billion | +3.40% |
| 2017-12-31 | ₩645.62 Billion | +9.15% |
| 2016-12-31 | ₩591.50 Billion | -0.78% |
| 2015-12-31 | ₩596.13 Billion | -0.56% |
| 2014-12-31 | ₩599.48 Billion | -9.64% |
| 2013-12-31 | ₩663.45 Billion | +4.53% |
| 2012-12-31 | ₩634.70 Billion | -2.89% |
| 2011-12-31 | ₩653.57 Billion | -8.69% |
| 2010-12-31 | ₩715.76 Billion | +9.78% |
| 2009-12-31 | ₩652.00 Billion | +15.33% |
| 2008-12-31 | ₩565.34 Billion | +90.25% |
| 2007-12-31 | ₩297.15 Billion | +0.71% |
| 2006-12-31 | ₩295.05 Billion | +1.34% |
| 2005-12-31 | ₩291.14 Billion | +9.99% |
| 2004-12-31 | ₩264.69 Billion | +11.84% |
| 2003-12-31 | ₩236.67 Billion | +12.68% |
| 2002-12-31 | ₩210.04 Billion | +21.60% |
| 2001-12-31 | ₩172.73 Billion | +8.64% |
| 2000-12-31 | ₩158.98 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Moorim Paper'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 16797055353000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩167.97 Billion | 37.20% |
| Other Components | ₩283.57 Billion | 62.80% |
| Total Equity | ₩451.54 Billion | 100.00% |
Moorim Paper Competitors by Market Cap
The table below lists competitors of Moorim Paper ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sao Vang Rubber JSC
VN:SRC
|
$26.73 Million |
|
Sree Rayalaseema Hi-Strength Hypo Limited
NSE:SRHHYPOLTD
|
$26.74 Million |
|
EV Advanced Material Co.Ltd
KQ:131400
|
$26.74 Million |
|
K & S Corporation Ltd
AU:KSC
|
$26.74 Million |
|
Sailfish Royalty Corp
OTCQX:SROYF
|
$26.72 Million |
|
CPI Aerostructures Inc
NYSE:CVU
|
$26.71 Million |
|
CONX Corp
NASDAQ:CONX
|
$26.71 Million |
|
Steel Connect Inc
NASDAQ:STCN
|
$26.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Moorim Paper's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 414,493,458,430 to 451,538,757,180, a change of 37,045,298,750 (8.9%).
- Net income of 40,678,482,250 contributed positively to equity growth.
- Dividend payments of 5,330,861,950 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩40.68 Billion | +9.01% |
| Dividends Paid | ₩5.33 Billion | -1.18% |
| Other Changes | ₩1.70 Billion | +0.38% |
| Total Change | ₩- | 8.94% |
Book Value vs Market Value Analysis
This analysis compares Moorim Paper'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: 0.18x
- 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 | ₩9865.95 | ₩1954.00 | x |
| 2018-12-31 | ₩10792.62 | ₩1954.00 | x |
| 2019-12-31 | ₩10529.13 | ₩1954.00 | x |
| 2020-12-31 | ₩9572.36 | ₩1954.00 | x |
| 2021-12-31 | ₩9472.77 | ₩1954.00 | x |
| 2022-12-31 | ₩10013.97 | ₩1954.00 | x |
| 2023-12-31 | ₩9961.56 | ₩1954.00 | x |
| 2024-12-31 | ₩10851.87 | ₩1954.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Moorim Paper 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): 9.01%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.94%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 5.50x
- Recent ROE (9.01%) is above the historical average (4.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 7.81% | 3.20% | 0.79x | 3.07x | ₩-3.72 Billion |
| 2002 | 21.25% | 10.10% | 0.79x | 2.67x | ₩23.28 Billion |
| 2003 | 11.16% | 5.93% | 0.79x | 2.37x | ₩2.70 Billion |
| 2004 | 13.25% | 7.44% | 0.84x | 2.13x | ₩8.46 Billion |
| 2005 | 9.55% | 5.80% | 0.82x | 2.00x | ₩-1.30 Billion |
| 2006 | 4.63% | 3.16% | 0.72x | 2.02x | ₩-15.50 Billion |
| 2007 | 2.76% | 1.54% | 0.84x | 2.13x | ₩-20.97 Billion |
| 2009 | 13.33% | 5.81% | 0.57x | 4.02x | ₩12.20 Billion |
| 2010 | 11.66% | 5.36% | 0.43x | 5.03x | ₩6.78 Billion |
| 2013 | 2.42% | 0.75% | 0.50x | 6.45x | ₩-26.80 Billion |
| 2014 | -10.57% | -3.33% | 0.55x | 5.81x | ₩-76.35 Billion |
| 2015 | -1.16% | -0.38% | 0.53x | 5.66x | ₩-42.76 Billion |
| 2016 | 0.06% | 0.02% | 0.54x | 4.95x | ₩-38.25 Billion |
| 2017 | 6.49% | 2.66% | 0.52x | 4.67x | ₩-14.39 Billion |
| 2018 | 7.72% | 3.23% | 0.53x | 4.49x | ₩-10.25 Billion |
| 2019 | -2.19% | -0.88% | 0.50x | 4.93x | ₩-53.42 Billion |
| 2020 | -9.67% | -4.05% | 0.43x | 5.51x | ₩-78.33 Billion |
| 2021 | -1.62% | -0.60% | 0.46x | 5.80x | ₩-45.78 Billion |
| 2022 | 3.65% | 1.09% | 0.58x | 5.83x | ₩-26.47 Billion |
| 2023 | 0.84% | 0.26% | 0.55x | 5.77x | ₩-37.98 Billion |
| 2024 | 9.01% | 2.94% | 0.56x | 5.50x | ₩-4.48 Billion |
Industry Comparison
This section compares Moorim Paper's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $265,202,423,958
- Average return on equity (ROE) among peers: -1.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Moorim Paper (009200) | ₩716.36 Billion | 7.81% | 2.53x | $26.73 Million |
| Papercorea (001020) | $161.95 Billion | -15.04% | 2.12x | $10.80 Million |
| Asia Paper (002310) | $469.11 Billion | 4.10% | 0.53x | $99.62 Million |
| Hansol Holdings Co Ltd (004150) | $597.33 Billion | 8.04% | 0.21x | $67.38 Million |
| Kleannara (004540) | $63.58 Billion | 2.20% | 6.33x | $19.40 Million |
| Kleannara Co Ltd (004545) | $204.10 Billion | -0.74% | 1.54x | $41.23 Million |
| Young Poong Pa (006740) | $94.39 Billion | 5.82% | 0.29x | $14.07 Million |
| Han Chang Pape (009460) | $37.12 Billion | -31.18% | 3.27x | $12.03 Million |
| Moorim P&P Co Ltd (009580) | $548.26 Billion | 2.42% | 1.22x | $33.76 Million |
| Sam Jung Pulp (009770) | $210.97 Billion | 12.73% | 0.10x | $14.29 Million |