Chinyang Poly (010640) - Net Assets

Latest as of September 2025: ₩31.59 Billion KRW ≈ $21.41 Million USD

Based on the latest financial reports, Chinyang Poly (010640) has net assets worth ₩31.59 Billion KRW (≈ $21.41 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 (₩73.56 Billion ≈ $49.85 Million USD) and total liabilities (₩41.97 Billion ≈ $28.44 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 Chinyang Poly liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩31.59 Billion
% of Total Assets	42.94%
Annual Growth Rate	9.92%
5-Year Change	21.62%
10-Year Change	90.4%
Growth Volatility	23.12

Chinyang Poly - Net Assets Trend (2009–2024)

This chart illustrates how Chinyang Poly's net assets have evolved over time, based on quarterly financial data. Also explore 010640 current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Chinyang Poly (2009–2024)

The table below shows the annual net assets of Chinyang Poly from 2009 to 2024. For live valuation and market cap data, see Chinyang Poly (010640) market capitalisation.

Year	Net Assets	Change
2024-12-31	₩32.73 Billion ≈ $22.18 Million	+1.61%
2023-12-31	₩32.22 Billion ≈ $21.83 Million	+4.90%
2022-12-31	₩30.71 Billion ≈ $20.81 Million	+4.20%
2021-12-31	₩29.47 Billion ≈ $19.97 Million	+9.50%
2020-12-31	₩26.91 Billion ≈ $18.24 Million	+1.24%
2019-12-31	₩26.58 Billion ≈ $18.02 Million	+39.72%
2018-12-31	₩19.03 Billion ≈ $12.89 Million	+4.57%
2017-12-31	₩18.20 Billion ≈ $12.33 Million	+3.13%
2016-12-31	₩17.64 Billion ≈ $11.96 Million	+2.63%
2012-12-31	₩17.19 Billion ≈ $11.65 Million	-0.61%
2011-12-31	₩17.30 Billion ≈ $11.72 Million	+82.25%
2010-12-31	₩9.49 Billion ≈ $6.43 Million	+19.83%
2009-12-31	₩7.92 Billion ≈ $5.37 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Chinyang Poly'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 5448.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩25.30 Billion	77.30%
Other Components	₩7.43 Billion	22.70%
Total Equity	₩32.73 Billion	100.00%

Chinyang Poly Competitors by Market Cap

The table below lists competitors of Chinyang Poly ranked by their market capitalization.

Company	Market Cap
Sun-Sea Construction TWO:5516	$19.08 Million
London City Equities Ltd AU:LCE	$19.09 Million
FAWER Automotive Parts Ltd Co SHE:200030	$19.11 Million
FILL UP MEDIA EO -25 F:X3D	$19.11 Million
Baid Finserv Limited NSE:BAIDFIN	$19.08 Million
American Pacific Mining Corp F:1QC1	$19.08 Million
Nexen Tire Prf 1 KO:002355	$19.07 Million
CNFinance Holdings Ltd NYSE:CNF	$19.07 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Chinyang Poly's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 32,215,828,610 to 32,734,111,390, a change of 518,282,780 (1.6%).
Net income of 3,163,716,220 contributed positively to equity growth.
Dividend payments of 2,500,000,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩3.16 Billion	+9.66%
Dividends Paid	₩2.50 Billion	-7.64%
Other Changes	₩-145.43 Million	-0.44%
Total Change	₩-	1.61%

Book Value vs Market Value Analysis

This analysis compares Chinyang Poly'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: 0.86x
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 1.32x to 0.86x 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	₩1819.63	₩2400.00	x
2018-12-31	₩1902.72	₩2400.00	x
2019-12-31	₩2658.41	₩2400.00	x
2020-12-31	₩2691.44	₩2400.00	x
2021-12-31	₩2947.11	₩2400.00	x
2022-12-31	₩3070.96	₩2400.00	x
2023-12-31	₩3221.58	₩2400.00	x
2024-12-31	₩2790.41	₩2400.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Chinyang Poly 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): 9.66%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.85%
• Asset Turnover: 0.94x
• Equity Multiplier: 1.75x
Recent ROE (9.66%) is below the historical average (13.15%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	5.76%	2.16%	1.41x	1.89x	₩-335.94 Million
2010	20.76%	8.90%	1.60x	1.46x	₩1.02 Billion
2011	8.86%	6.83%	0.91x	1.43x	₩-198.04 Million
2012	8.11%	6.43%	0.91x	1.39x	₩-324.23 Million
2016	39.70%	40.46%	0.50x	1.97x	₩5.24 Billion
2017	2.95%	2.27%	0.67x	1.94x	₩-1.28 Billion
2018	5.03%	3.18%	0.86x	1.84x	₩-944.98 Million
2019	28.41%	21.51%	0.81x	1.63x	₩4.89 Billion
2020	5.99%	4.34%	0.83x	1.66x	₩-1.08 Billion
2021	12.90%	7.16%	1.10x	1.63x	₩855.01 Million
2022	11.37%	6.63%	1.14x	1.50x	₩422.07 Million
2023	11.37%	6.72%	1.05x	1.61x	₩442.00 Million
2024	9.66%	5.85%	0.94x	1.75x	₩-109.69 Million

Industry Comparison

This section compares Chinyang Poly's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

Industry: Specialty Chemicals
Average net assets among peers: $1,194,410,131,606
Average return on equity (ROE) among peers: 5.59%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Chinyang Poly (010640)	₩31.59 Billion	5.76%	1.33x	$19.08 Million
DL Holdings CO. LTD. (000210)	$4.75 Trillion	1.28%	1.56x	$1.01 Billion
DL Holdings Co Ltd Preferred (000215)	$5.15 Trillion	5.16%	1.41x	$34.58 Million
Norooholdings (000320)	$272.56 Billion	3.14%	1.23x	$153.49 Million
Noroo Holdings Co Ltd (000325)	$583.54 Billion	0.27%	0.81x	$5.20 Million
Samhwa Paint (000390)	$120.78 Billion	8.80%	1.21x	$158.92 Million
Kangnam Jevisco Co Ltd (000860)	$484.92 Billion	4.78%	0.21x	$148.36 Million
Paik Kwang Ind (001340)	$189.54 Billion	7.86%	0.90x	$219.31 Million
Bo Lak (002760)	$43.76 Billion	2.53%	0.22x	$46.56 Million
Songwon Industrial (004430)	$202.35 Billion	10.96%	2.28x	$257.79 Million
Cho Kwang Pain (004910)	$150.26 Billion	11.15%	0.61x	$33.78 Million

About Chinyang Poly

KO:010640 Korea Specialty Chemicals

Market Cap

$19.08 Million

₩28.15 Billion KRW

Market Cap Rank

#25166 Global

#1870 in Korea

Share Price

₩2400.00

Change (1 day)

-0.83%

52-Week Range

₩2160.00 - ₩5200.00

All Time High

₩8532.76