Moorim P&P Co Ltd (009580) - Net Assets
Based on the latest financial reports, Moorim P&P Co Ltd (009580) has net assets worth ₩623.66 Billion KRW (≈ $422.65 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 (₩1.78 Trillion ≈ $1.20 Billion USD) and total liabilities (₩1.15 Trillion ≈ $780.35 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 Moorim P&P Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩623.66 Billion |
| % of Total Assets | 35.13% |
| Annual Growth Rate | 1.27% |
| 5-Year Change | 7.41% |
| 10-Year Change | 18.25% |
| Growth Volatility | 4.86 |
Moorim P&P Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Moorim P&P Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Moorim P&P Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Moorim P&P Co Ltd (2011–2024)
The table below shows the annual net assets of Moorim P&P Co Ltd from 2011 to 2024. For live valuation and market cap data, see how much is Moorim P&P Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩645.97 Billion ≈ $437.76 Million |
+2.47% |
| 2023-12-31 | ₩630.37 Billion ≈ $427.20 Million |
-4.88% |
| 2022-12-31 | ₩662.69 Billion ≈ $449.10 Million |
+7.07% |
| 2021-12-31 | ₩618.94 Billion ≈ $419.45 Million |
+2.91% |
| 2020-12-31 | ₩601.42 Billion ≈ $407.57 Million |
-3.08% |
| 2019-12-31 | ₩620.56 Billion ≈ $420.54 Million |
-2.18% |
| 2018-12-31 | ₩634.36 Billion ≈ $429.90 Million |
+12.63% |
| 2017-12-31 | ₩563.22 Billion ≈ $381.69 Million |
+5.45% |
| 2016-12-31 | ₩534.10 Billion ≈ $361.95 Million |
-2.23% |
| 2015-12-31 | ₩546.28 Billion ≈ $370.21 Million |
-0.12% |
| 2014-12-31 | ₩546.92 Billion ≈ $370.64 Million |
-4.83% |
| 2013-12-31 | ₩574.71 Billion ≈ $389.47 Million |
+2.73% |
| 2012-12-31 | ₩559.41 Billion ≈ $379.11 Million |
+2.03% |
| 2011-12-31 | ₩548.26 Billion ≈ $371.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Moorim P&P 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 121.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩362.32 Billion | 56.88% |
| Other Components | ₩274.70 Billion | 43.12% |
| Total Equity | ₩637.02 Billion | 100.00% |
Moorim P&P Co Ltd Competitors by Market Cap
The table below lists competitors of Moorim P&P Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Audio Pixels Holdings Ltd
AU:AKP
|
$128.14 Million |
|
Calin Technology Co Ltd
TW:4976
|
$128.18 Million |
|
Bertrandt Aktiengesellschaft
XETRA:BDT
|
$128.19 Million |
|
Mi Chang Oil
KO:003650
|
$128.27 Million |
|
Dynacolor
TWO:5489
|
$128.02 Million |
|
Mitrajaya Holdings Bhd
KLSE:9571
|
$128.02 Million |
|
Diginex Limited Ordinary Shares
NASDAQ:DGNX
|
$127.93 Million |
|
Reliance Industrial Infrastructure Limited
NSE:RIIL
|
$127.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Moorim P&P Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 621,350,228,840 to 637,019,613,010, a change of 15,669,384,170 (2.5%).
- Net income of 22,513,737,320 contributed positively to equity growth.
- Dividend payments of 6,386,844,400 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩22.51 Billion | +3.53% |
| Dividends Paid | ₩6.39 Billion | -1.0% |
| Other Changes | ₩-457.51 Million | -0.07% |
| Total Change | ₩- | 2.52% |
Book Value vs Market Value Analysis
This analysis compares Moorim P&P 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: 0.30x
- 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 | ₩9029.21 | ₩3030.00 | x |
| 2018-12-31 | ₩9889.83 | ₩3030.00 | x |
| 2019-12-31 | ₩9842.44 | ₩3030.00 | x |
| 2020-12-31 | ₩9521.17 | ₩3030.00 | x |
| 2021-12-31 | ₩9787.76 | ₩3030.00 | x |
| 2022-12-31 | ₩10484.16 | ₩3030.00 | x |
| 2023-12-31 | ₩9963.32 | ₩3030.00 | x |
| 2024-12-31 | ₩10214.58 | ₩3030.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Moorim P&P 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): 3.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.77%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 2.66x
- Recent ROE (3.53%) is above the historical average (2.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 2.42% | 2.87% | 0.38x | 2.22x | ₩-41.56 Billion |
| 2012 | 5.22% | 4.89% | 0.48x | 2.21x | ₩-26.76 Billion |
| 2013 | 5.25% | 4.67% | 0.52x | 2.14x | ₩-27.28 Billion |
| 2014 | -1.78% | -1.52% | 0.56x | 2.10x | ₩-64.44 Billion |
| 2015 | 2.13% | 1.85% | 0.54x | 2.14x | ₩-43.01 Billion |
| 2016 | -0.15% | -0.13% | 0.55x | 2.05x | ₩-54.18 Billion |
| 2017 | 6.48% | 6.00% | 0.55x | 1.96x | ₩-19.82 Billion |
| 2018 | 11.31% | 10.72% | 0.48x | 2.20x | ₩8.11 Billion |
| 2019 | 1.65% | 1.66% | 0.45x | 2.20x | ₩-51.28 Billion |
| 2020 | -1.46% | -1.64% | 0.37x | 2.41x | ₩-68.02 Billion |
| 2021 | 3.05% | 3.03% | 0.41x | 2.43x | ₩-42.45 Billion |
| 2022 | 6.87% | 5.81% | 0.48x | 2.45x | ₩-20.45 Billion |
| 2023 | -3.54% | -2.86% | 0.47x | 2.61x | ₩-84.12 Billion |
| 2024 | 3.53% | 2.77% | 0.48x | 2.66x | ₩-41.19 Billion |
Industry Comparison
This section compares Moorim P&P Co Ltd's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $279,789,580,091
- Average return on equity (ROE) among peers: 5.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Moorim P&P Co Ltd (009580) | ₩623.66 Billion | 2.42% | 1.85x | $128.06 Million |
| Papercorea (001020) | $45.38 Billion | 20.37% | 9.96x | $81.27 Million |
| Moorim SP Co. Ltd (001810) | $203.74 Billion | 0.66% | 0.47x | $25.49 Million |
| Asia Paper (002310) | $140.81 Billion | 0.00% | 1.10x | $237.61 Million |
| Hansol Holdings Co Ltd (004150) | $772.04 Billion | 2.90% | 2.22x | $93.14 Million |
| Kleannara (004540) | $210.63 Billion | 3.54% | 1.48x | $50.60 Million |
| Kleannara Co Ltd (004545) | $241.35 Billion | -1.21% | 1.74x | $267.51 Million |
| Young Poong Pa (006740) | $93.69 Billion | 5.15% | 0.18x | $22.60 Million |
| Moorim Paper (009200) | $715.76 Billion | 6.67% | 1.88x | $57.66 Million |
| Han Chang Pape (009460) | $94.71 Billion | 11.18% | 0.91x | $22.00 Million |
About Moorim P&P Co Ltd
Moorim P&P Co., Ltd. produces and sells paper and pulp products in South Korea and internationally. The company engages in the production and sale of bleached chemical pulp and magnesium hydroxide. It also manufactures and sells printing papers, including art and white papers; and engages in the provision of credit and forestry businesses. The company was founded in 1974 and is headquartered in U… Read more