Kwangdong Phar Net Assets
Kwangdong Phar net assets. Based on the latest financial reports, Kwangdong Phar (009290) has net assets worth ₩705.01 Billion KRW (≈ $477.77 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.31 Trillion ≈ $888.04 Million USD) and total liabilities (₩605.40 Billion ≈ $410.27 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. Also explore Kwangdong Phar equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩705.01 Billion |
| % of Total Assets | 53.8% |
| Annual Growth Rate | 7.77% |
| 5-Year Change | 35.0% |
| 10-Year Change | 78.09% |
| Growth Volatility | 4.71 |
Net Assets of Kwangdong Phar (2011–2025)
Net assets of Kwangdong Phar from 2011 to 2025. This chart illustrates how Kwangdong Phar's net assets have evolved over time, based on quarterly financial data. See Kwangdong Phar net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Kwangdong Phar (2011–2025)
The table below shows the annual net assets of Kwangdong Phar from 2011 to 2025. For live market cap and overall valuation, see market cap of Kwangdong Phar.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩711.80 Billion ≈ $482.37 Million |
+15.13% |
| 2024-12-31 | ₩618.27 Billion ≈ $418.99 Million |
+5.14% |
| 2023-12-31 | ₩588.05 Billion ≈ $398.51 Million |
+7.49% |
| 2022-12-31 | ₩547.05 Billion ≈ $370.73 Million |
+3.76% |
| 2021-12-31 | ₩527.24 Billion ≈ $357.31 Million |
+4.99% |
| 2020-12-31 | ₩502.18 Billion ≈ $340.32 Million |
+12.23% |
| 2019-12-31 | ₩447.46 Billion ≈ $303.24 Million |
+3.86% |
| 2018-12-31 | ₩430.84 Billion ≈ $291.97 Million |
+3.49% |
| 2017-12-31 | ₩416.30 Billion ≈ $282.12 Million |
+4.16% |
| 2016-12-31 | ₩399.68 Billion ≈ $270.86 Million |
+5.81% |
| 2015-12-31 | ₩377.73 Billion ≈ $255.98 Million |
+20.14% |
| 2014-12-31 | ₩314.40 Billion ≈ $213.06 Million |
+8.11% |
| 2013-12-31 | ₩290.82 Billion ≈ $197.09 Million |
+8.81% |
| 2012-12-31 | ₩267.27 Billion ≈ $181.13 Million |
+7.11% |
| 2011-12-31 | ₩249.52 Billion ≈ $169.09 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kwangdong Phar'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 54013427575000.0% over the analyzed period, indicating profitable operations and earnings retention.
Kwangdong Phar Net Assets Breakdown (December 2025)
Kwangdong Phar net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩540.13 Billion | 82.39% |
| Other Components | ₩115.44 Billion | 17.61% |
| Total Equity | ₩655.58 Billion | 100.00% |
Kwangdong Phar Competitors by Market Cap
The table below lists competitors of Kwangdong Phar ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sensortek Technology Corp
TWO:6732
|
$210.35 Million |
|
XRF Scientific Ltd
AU:XRF
|
$210.45 Million |
|
Northern Ocean Ltd
OL:NOL
|
$210.59 Million |
|
Asia Sermkij Leasing Public Company Limited
BK:ASK
|
$210.59 Million |
|
Zhejiang Busen Garments Co Ltd
SHE:002569
|
$210.31 Million |
|
Cia de Ferro Ligas da Bahia - FERBASA
SA:FESA3
|
$210.22 Million |
|
Delta Corp Limited
NSE:DELTACORP
|
$210.12 Million |
|
Taj GVK Hotels & Resorts Limited
NSE:TAJGVK
|
$210.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kwangdong Phar's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 579,122,160,860 to 655,579,105,400, a change of 76,456,944,540 (13.2%).
- Net income of 20,968,450,710 contributed positively to equity growth.
- Dividend payments of 3,927,878,200 reduced retained earnings.
- Share repurchases of 364,463,110 reduced equity.
- New share issuances of 61,652,216,750 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩20.97 Billion | +3.2% |
| Dividends Paid | ₩3.93 Billion | -0.6% |
| Share Repurchases | ₩364.46 Million | -0.06% |
| Share Issuances | ₩61.65 Billion | +9.4% |
| Other Changes | ₩-1.87 Billion | -0.29% |
| Total Change | ₩- | 13.20% |
Book Value vs Market Value Analysis
This analysis compares Kwangdong Phar'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: 0.47x
- 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 0.65x to 0.47x 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 | ₩9657.06 | ₩6250.00 | x |
| 2018-12-31 | ₩10087.45 | ₩6250.00 | x |
| 2019-12-31 | ₩10686.08 | ₩6250.00 | x |
| 2020-12-31 | ₩11627.42 | ₩6250.00 | x |
| 2021-12-31 | ₩12151.16 | ₩6250.00 | x |
| 2022-12-31 | ₩12593.06 | ₩6250.00 | x |
| 2023-12-31 | ₩13588.02 | ₩6250.00 | x |
| 2024-12-31 | ₩14719.33 | ₩6250.00 | x |
| 2025-12-31 | ₩13201.09 | ₩6250.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kwangdong Phar 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): 3.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.26%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 2.01x
- Recent ROE (3.20%) is below the historical average (7.45%), 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 | 12.06% | 9.53% | 0.98x | 1.30x | ₩5.11 Billion |
| 2012 | 10.46% | 8.36% | 0.85x | 1.46x | ₩1.22 Billion |
| 2013 | 7.62% | 4.70% | 1.10x | 1.47x | ₩-6.89 Billion |
| 2014 | 11.20% | 6.71% | 1.18x | 1.41x | ₩3.76 Billion |
| 2015 | 10.01% | 3.66% | 1.44x | 1.90x | ₩20.64 Million |
| 2016 | 7.52% | 2.66% | 1.55x | 1.82x | ₩-9.24 Billion |
| 2017 | 5.92% | 2.03% | 1.58x | 1.84x | ₩-15.99 Billion |
| 2018 | 5.51% | 1.89% | 1.61x | 1.81x | ₩-18.19 Billion |
| 2019 | 5.45% | 1.86% | 1.56x | 1.87x | ₩-19.24 Billion |
| 2020 | 9.50% | 3.65% | 1.50x | 1.74x | ₩-2.40 Billion |
| 2021 | 4.81% | 1.79% | 1.51x | 1.77x | ₩-25.90 Billion |
| 2022 | 4.67% | 1.69% | 1.54x | 1.80x | ₩-27.56 Billion |
| 2023 | 6.79% | 2.44% | 1.40x | 1.98x | ₩-17.50 Billion |
| 2024 | 6.99% | 2.47% | 1.40x | 2.02x | ₩-17.43 Billion |
| 2025 | 3.20% | 1.26% | 1.26x | 2.01x | ₩-44.59 Billion |
Industry Comparison
This section compares Kwangdong Phar's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $646,368,558,966
- Average return on equity (ROE) among peers: 3.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kwangdong Phar (009290) | ₩705.01 Billion | 12.06% | 0.86x | $210.34 Million |
| Daehan Flour Mills Co Ltd (001130) | $880.62 Billion | 9.93% | 0.50x | $12.00 Million |
| Daesang Corp (001680) | $1.10 Trillion | 11.36% | 1.30x | $402.22 Million |
| Daesang Corp Preference Shares (001685) | $1.45 Trillion | 6.58% | 1.42x | $12.97 Million |
| Korea Ind (002140) | $58.54 Billion | 9.66% | 1.18x | $29.46 Million |
| Choheung (002600) | $151.47 Billion | 5.34% | 1.87x | $56.84 Million |
| Sam Yang Foods (003230) | $157.50 Billion | 6.24% | 1.04x | $5.93 Billion |
| Daejoo Inc (003310) | $83.51 Billion | 9.96% | 0.33x | $34.37 Million |
| Harim Holdings Co. Ltd (003380) | $1.68 Trillion | 5.72% | 3.82x | $750.08 Million |
| Hansung Ent (003680) | $49.86 Billion | -34.84% | 3.68x | $13.07 Million |
| Namyang Dairy (003920) | $849.15 Billion | 3.14% | 0.17x | $165.10 Million |
About Kwangdong Phar
Kwang Dong Pharmaceutical Co., Ltd. operates as a human healthcare provider in South Korea. It develops and sells OTC drugs in the areas of ophthalmic, mineral preparations, nutritious tonics, antipyretic, analgesic, anti inflammatory agents, circulating system, and vitamins; and ETC drugs in the areas of anti-malignant-tumor agent, obesity drug, appetite suppressant, antipyretic, analgesic, anti… Read more