Kwangdong Phar (009290) - Net Assets

Latest as of September 2025: ₩632.20 Billion KRW ≈ $428.43 Million USD

Based on the latest financial reports, Kwangdong Phar (009290) has net assets worth ₩632.20 Billion KRW (≈ $428.43 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.22 Trillion ≈ $828.19 Million USD) and total liabilities (₩589.90 Billion ≈ $399.76 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 Kwangdong Phar liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩632.20 Billion
% of Total Assets	51.73%
Annual Growth Rate	7.23%
5-Year Change	23.12%
10-Year Change	63.68%
Growth Volatility	4.41

Kwangdong Phar - Net Assets Trend (2011–2024)

This chart illustrates how Kwangdong Phar's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Kwangdong Phar for the complete picture of this company's asset base.

Annual Net Assets for Kwangdong Phar (2011–2024)

The table below shows the annual net assets of Kwangdong Phar from 2011 to 2024. For live valuation and market cap data, see 009290 company net worth.

Year	Net Assets	Change
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	--

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 52090684264000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩520.91 Billion	89.95%
Other Components	₩58.22 Billion	10.05%
Total Equity	₩579.12 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
Somany Ceramics Limited NSE:SOMANYCERA	$205.51 Million
Argo Pantes Tbk JK:ARGO	$205.53 Million
Grupo Minsa S.A.B. de C.V MX:MINSAB	$205.55 Million
Hanyang Digitech Co. Ltd KQ:078350	$205.61 Million
Niu Technologies F:0O9	$205.33 Million
Tonghua Grape Wine Co Ltd SHG:600365	$205.30 Million
PERPETUAL EQU. INV. F:P82	$205.25 Million
Great China Metal Industry Co Ltd TW:9905	$205.16 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 2023 to 2024, total equity changed from 544,616,130,050 to 579,122,160,860, a change of 34,506,030,810 (6.3%).
Net income of 40,480,912,830 contributed positively to equity growth.
Dividend payments of 4,007,878,200 reduced retained earnings.
Share repurchases of 4,067,425,350 reduced equity.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩40.48 Billion	+6.99%
Dividends Paid	₩4.01 Billion	-0.69%
Share Repurchases	₩4.07 Billion	-0.7%
Other Changes	₩2.10 Billion	+0.36%
Total Change	₩-	6.34%

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: 0.56x
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 0.86x to 0.56x 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	₩8270.00	x
2018-12-31	₩10087.45	₩8270.00	x
2019-12-31	₩10686.08	₩8270.00	x
2020-12-31	₩11627.42	₩8270.00	x
2021-12-31	₩12151.16	₩8270.00	x
2022-12-31	₩12593.06	₩8270.00	x
2023-12-31	₩13588.02	₩8270.00	x
2024-12-31	₩14719.33	₩8270.00	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): 6.99%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.47%
• Asset Turnover: 1.40x
• Equity Multiplier: 2.02x
Recent ROE (6.99%) is below the historical average (7.75%), 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

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: $576,846,886,459
Average return on equity (ROE) among peers: 7.22%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Kwangdong Phar (009290)	₩632.20 Billion	12.06%	0.93x	$205.46 Million
Daehan Flour Mills Co Ltd (001130)	$603.49 Billion	5.29%	0.49x	$174.98 Million
Daesang Corp (001680)	$367.29 Billion	1.41%	1.72x	$486.05 Million
Daesang Corp Preference Shares (001685)	$1.02 Trillion	10.49%	1.35x	$15.68 Million
Korea Ind (002140)	$32.94 Billion	8.67%	1.46x	$47.32 Million
Choheung (002600)	$120.39 Billion	9.38%	0.40x	$59.77 Million
Sam Yang Foods (003230)	$162.54 Billion	-1.94%	0.82x	$5.05 Billion
Daejoo Inc (003310)	$83.51 Billion	9.96%	0.33x	$82.87 Million
Harim Holdings Co. Ltd (003380)	$2.72 Trillion	8.97%	3.88x	$864.77 Million
Hansung Ent (003680)	$23.53 Billion	19.94%	3.72x	$19.75 Million
Namyang Dairy (003920)	$631.79 Billion	0.04%	0.15x	$209.00 Million

About Kwangdong Phar

KO:009290 Korea Packaged Foods

Market Cap

$205.46 Million

₩303.17 Billion KRW

Market Cap Rank

#16440 Global

#687 in Korea

Share Price

₩8270.00

Change (1 day)

-2.71%

52-Week Range

₩5390.00 - ₩11080.00

All Time High

₩11611.32