Moorim Paper (009200) - Net Assets
Based on the latest financial reports, Moorim Paper (009200) has net assets worth ₩694.86 Billion KRW (≈ $470.90 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 (₩2.58 Trillion ≈ $1.75 Billion USD) and total liabilities (₩1.88 Trillion ≈ $1.27 Billion 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 Moorim Paper (009200) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩694.86 Billion |
| % of Total Assets | 26.98% |
| Annual Growth Rate | 6.08% |
| 5-Year Change | 7.47% |
| 10-Year Change | 17.47% |
| Growth Volatility | 18.49 |
Moorim Paper - Net Assets Trend (2000–2025)
This chart illustrates how Moorim Paper's net assets have evolved over time, based on quarterly financial data. See Moorim Paper liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Moorim Paper (2000–2025)
The table below shows the annual net assets of Moorim Paper from 2000 to 2025. For live valuation and market cap data, see 009200 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩694.86 Billion ≈ $470.90 Million |
-4.12% |
| 2024-12-31 | ₩724.75 Billion ≈ $491.15 Million |
+6.35% |
| 2023-12-31 | ₩681.49 Billion ≈ $461.83 Million |
-1.15% |
| 2022-12-31 | ₩689.41 Billion ≈ $467.20 Million |
+6.63% |
| 2021-12-31 | ₩646.55 Billion ≈ $438.16 Million |
+0.26% |
| 2020-12-31 | ₩644.85 Billion ≈ $437.01 Million |
-6.26% |
| 2019-12-31 | ₩687.91 Billion ≈ $466.19 Million |
+3.05% |
| 2018-12-31 | ₩667.55 Billion ≈ $452.39 Million |
+3.40% |
| 2017-12-31 | ₩645.62 Billion ≈ $437.53 Million |
+9.15% |
| 2016-12-31 | ₩591.50 Billion ≈ $400.85 Million |
-0.78% |
| 2015-12-31 | ₩596.13 Billion ≈ $403.99 Million |
-0.56% |
| 2014-12-31 | ₩599.48 Billion ≈ $406.26 Million |
-9.64% |
| 2013-12-31 | ₩663.45 Billion ≈ $449.61 Million |
+4.53% |
| 2012-12-31 | ₩634.70 Billion ≈ $430.13 Million |
-2.89% |
| 2011-12-31 | ₩653.57 Billion ≈ $442.92 Million |
-8.69% |
| 2010-12-31 | ₩715.76 Billion ≈ $485.06 Million |
+9.78% |
| 2009-12-31 | ₩652.00 Billion ≈ $441.85 Million |
+15.33% |
| 2008-12-31 | ₩565.34 Billion ≈ $383.13 Million |
+90.25% |
| 2007-12-31 | ₩297.15 Billion ≈ $201.38 Million |
+0.71% |
| 2006-12-31 | ₩295.05 Billion ≈ $199.95 Million |
+1.34% |
| 2005-12-31 | ₩291.14 Billion ≈ $197.30 Million |
+9.99% |
| 2004-12-31 | ₩264.69 Billion ≈ $179.38 Million |
+11.84% |
| 2003-12-31 | ₩236.67 Billion ≈ $160.39 Million |
+12.68% |
| 2002-12-31 | ₩210.04 Billion ≈ $142.34 Million |
+21.60% |
| 2001-12-31 | ₩172.73 Billion ≈ $117.05 Million |
+8.64% |
| 2000-12-31 | ₩158.98 Billion ≈ $107.74 Million |
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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 14827223332000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩148.27 Billion | 34.35% |
| Other Components | ₩283.34 Billion | 65.65% |
| Total Equity | ₩431.61 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 |
|---|---|
|
Digital Multimedia Technology Co.Ltd
KQ:134580
|
$42.38 Million |
|
Ashmore Asset Management Indonesia
JK:AMOR
|
$42.40 Million |
|
Australian Unity Office Fund
AU:AOF
|
$42.45 Million |
|
Softcat plc
LSE:SCT
|
$42.47 Million |
|
3U Holding AG
XETRA:UUU
|
$42.34 Million |
|
Rosebank Industries PLC
LSE:ROSE
|
$42.33 Million |
|
Tidehold Development Co Ltd
TW:9902
|
$42.32 Million |
|
Quality & Reliability A.B.E.E
AT:QUAL
|
$42.31 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 2024 to 2025, total equity changed from 451,538,757,180 to 431,614,692,240, a change of -19,924,064,940 (-4.4%).
- Net loss of 15,356,765,440 reduced equity.
- Dividend payments of 6,333,478,050 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-15.36 Billion | -3.56% |
| Dividends Paid | ₩6.33 Billion | -1.47% |
| Other Changes | ₩1.77 Billion | +0.41% |
| Total Change | ₩- | -4.41% |
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: 0.14x
- 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 | ₩1502.00 | x |
| 2018-12-31 | ₩10792.62 | ₩1502.00 | x |
| 2019-12-31 | ₩10529.13 | ₩1502.00 | x |
| 2020-12-31 | ₩9572.36 | ₩1502.00 | x |
| 2021-12-31 | ₩9472.77 | ₩1502.00 | x |
| 2022-12-31 | ₩10013.97 | ₩1502.00 | x |
| 2023-12-31 | ₩9961.56 | ₩1502.00 | x |
| 2024-12-31 | ₩10851.87 | ₩1502.00 | x |
| 2025-12-31 | ₩10373.03 | ₩1502.00 | 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): -3.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.21%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 5.97x
- Recent ROE (-3.56%) is below the historical average (4.40%), suggesting potential challenges in 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 |
| 2025 | -3.56% | -1.21% | 0.49x | 5.97x | ₩-58.52 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: $280,868,745,898
- Average return on equity (ROE) among peers: -2.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Moorim Paper (009200) | ₩694.86 Billion | 7.81% | 2.71x | $42.35 Million |
| Papercorea (001020) | $112.85 Billion | -9.34% | 3.02x | $273.70 Million |
| Moorim SP Co. Ltd (001810) | $204.72 Billion | 0.86% | 0.45x | $17.70 Million |
| Asia Paper (002310) | $584.88 Billion | 10.50% | 0.45x | $210.34 Million |
| Hansol Holdings Co Ltd (004150) | $673.36 Billion | 0.30% | 0.39x | $99.26 Million |
| Kleannara (004540) | $61.97 Billion | 0.00% | 6.54x | $39.65 Million |
| Kleannara Co Ltd (004545) | $180.54 Billion | 1.46% | 1.60x | $217.29 Million |
| Young Poong Pa (006740) | $97.68 Billion | 3.97% | 0.31x | $205.59 Million |
| Han Chang Pape (009460) | $37.12 Billion | -31.18% | 3.27x | $100.28 Million |
| Moorim P&P Co Ltd (009580) | $574.71 Billion | 5.25% | 1.14x | $73.54 Million |
About 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.