Tae Kyung Ind
Taekyung Industry.Co., Ltd. manufactures and sells ferroalloy and calcium carbonate materials in South Korea and internationally. The company offers ferroalloy products, such as ferromanganese and silico-manganese products. It also provides ground calcium carbonate and precipitated calcium carbonate products; lime products, such as quicklime, limestone, calcium hydroxide, and fertilizers; sulfur … Read more
Tae Kyung Ind (015890) - Net Assets
Latest net assets as of September 2025: ₩581.93 Billion KRW
Based on the latest financial reports, Tae Kyung Ind (015890) has net assets worth ₩581.93 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩971.17 Billion) and total liabilities (₩389.24 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩581.93 Billion |
| % of Total Assets | 59.92% |
| Annual Growth Rate | 9.18% |
| 5-Year Change | 38.3% |
| 10-Year Change | 85.73% |
| Growth Volatility | 13.14 |
Tae Kyung Ind - Net Assets Trend (1999–2024)
This chart illustrates how Tae Kyung Ind's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tae Kyung Ind (1999–2024)
The table below shows the annual net assets of Tae Kyung Ind from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩477.98 Billion | +6.21% |
| 2023-12-31 | ₩450.04 Billion | +6.94% |
| 2022-12-31 | ₩420.84 Billion | +9.17% |
| 2021-12-31 | ₩385.48 Billion | +11.54% |
| 2020-12-31 | ₩345.60 Billion | +0.70% |
| 2019-12-31 | ₩343.20 Billion | +10.60% |
| 2018-12-31 | ₩310.32 Billion | +17.80% |
| 2017-12-31 | ₩263.42 Billion | +0.32% |
| 2016-12-31 | ₩262.58 Billion | +2.03% |
| 2015-12-31 | ₩257.36 Billion | -4.71% |
| 2014-12-31 | ₩270.09 Billion | -4.11% |
| 2013-12-31 | ₩281.67 Billion | +2.04% |
| 2012-12-31 | ₩276.03 Billion | +6.22% |
| 2011-12-31 | ₩259.87 Billion | +16.49% |
| 2010-12-31 | ₩223.09 Billion | +7.33% |
| 2009-12-31 | ₩207.86 Billion | +11.15% |
| 2008-12-31 | ₩187.02 Billion | +11.97% |
| 2007-12-31 | ₩167.02 Billion | +4.75% |
| 2006-12-31 | ₩159.45 Billion | -0.36% |
| 2005-12-31 | ₩160.01 Billion | +5.27% |
| 2004-12-31 | ₩152.00 Billion | +9.72% |
| 2003-12-31 | ₩138.54 Billion | +20.03% |
| 2002-12-31 | ₩115.42 Billion | +13.47% |
| 2001-12-31 | ₩101.72 Billion | +66.03% |
| 2000-12-31 | ₩61.27 Billion | +15.15% |
| 1999-12-31 | ₩53.21 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tae Kyung Ind'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 23790532831000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩237.91 Billion | 75.93% |
| Other Components | ₩75.43 Billion | 24.07% |
| Total Equity | ₩313.33 Billion | 100.00% |
Tae Kyung Ind Competitors by Market Cap
The table below lists competitors of Tae Kyung Ind ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vicapsys Life Sciences Inc
PINK:VICP
|
$32.59 Million |
|
Helios Energy Limited
PINK:HLEGF
|
$32.60 Million |
|
GIIR Inc
KO:035000
|
$32.62 Million |
|
All Cosmos Bio-Tech Holding Corp
TW:4148
|
$32.62 Million |
|
Surge Battery Metals Inc
PINK:NILIF
|
$32.56 Million |
|
TAT HONG EQ.SRV. DL-08
F:1Q2
|
$32.56 Million |
|
BMS Celik Hasir Sanayi ve Ticaret AS
IS:BMSCH
|
$32.55 Million |
|
MedFirst Healthcare Services lnc
TWO:4175
|
$32.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tae Kyung Ind's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 302,149,734,410 to 313,334,974,070, a change of 11,185,239,660 (3.7%).
- Net income of 20,411,256,100 contributed positively to equity growth.
- Dividend payments of 8,637,637,170 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩20.41 Billion | +6.51% |
| Dividends Paid | ₩8.64 Billion | -2.76% |
| Other Changes | ₩-588.38 Million | -0.19% |
| Total Change | ₩- | 3.70% |
Book Value vs Market Value Analysis
This analysis compares Tae Kyung Ind'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: 0.44x
- 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 0.76x to 0.44x 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 | ₩6261.03 | ₩4745.00 | x |
| 2018-12-31 | ₩7847.78 | ₩4745.00 | x |
| 2019-12-31 | ₩8186.09 | ₩4745.00 | x |
| 2020-12-31 | ₩8062.90 | ₩4745.00 | x |
| 2021-12-31 | ₩9204.32 | ₩4745.00 | x |
| 2022-12-31 | ₩10076.63 | ₩4745.00 | x |
| 2023-12-31 | ₩10337.42 | ₩4745.00 | x |
| 2024-12-31 | ₩10720.09 | ₩4745.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tae Kyung Ind 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): 6.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.02%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 2.19x
- Recent ROE (6.51%) is below the historical average (8.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 9.81% | 6.29% | 0.77x | 2.02x | ₩-88.93 Million |
| 2000 | 7.01% | 7.68% | 0.52x | 1.75x | ₩-1.65 Billion |
| 2001 | 15.66% | 5.93% | 0.75x | 3.51x | ₩3.10 Billion |
| 2002 | 18.95% | 6.38% | 0.80x | 3.69x | ₩5.83 Billion |
| 2003 | 13.99% | 5.35% | 0.78x | 3.34x | ₩3.03 Billion |
| 2004 | 20.76% | 8.51% | 0.83x | 2.92x | ₩9.42 Billion |
| 2005 | 10.14% | 4.65% | 0.82x | 2.67x | ₩129.69 Million |
| 2006 | 9.52% | 4.10% | 0.87x | 2.68x | ₩-449.29 Million |
| 2007 | 11.55% | 5.55% | 0.94x | 2.22x | ₩1.75 Billion |
| 2008 | 17.02% | 6.85% | 1.17x | 2.12x | ₩9.24 Billion |
| 2009 | 12.92% | 6.54% | 0.93x | 2.13x | ₩4.29 Billion |
| 2010 | 13.74% | 6.76% | 0.89x | 2.30x | ₩6.17 Billion |
| 2011 | 9.04% | 4.38% | 0.95x | 2.17x | ₩-1.87 Billion |
| 2012 | 8.66% | 4.35% | 0.95x | 2.10x | ₩-2.73 Billion |
| 2013 | 1.14% | 0.52% | 1.02x | 2.12x | ₩-18.20 Billion |
| 2014 | 1.79% | 0.85% | 0.95x | 2.22x | ₩-15.95 Billion |
| 2015 | -5.73% | -2.95% | 0.76x | 2.57x | ₩-28.61 Billion |
| 2016 | 1.40% | 0.56% | 0.89x | 2.82x | ₩-15.21 Billion |
| 2017 | 5.99% | 1.95% | 1.19x | 2.59x | ₩-7.33 Billion |
| 2018 | 5.30% | 2.13% | 1.04x | 2.39x | ₩-10.68 Billion |
| 2019 | 8.73% | 3.97% | 0.93x | 2.37x | ₩-3.00 Billion |
| 2020 | 1.60% | 0.87% | 0.80x | 2.32x | ₩-19.55 Billion |
| 2021 | 6.87% | 3.49% | 0.88x | 2.23x | ₩-8.22 Billion |
| 2022 | 8.09% | 3.14% | 1.17x | 2.20x | ₩-5.43 Billion |
| 2023 | 5.39% | 2.48% | 1.03x | 2.10x | ₩-13.94 Billion |
| 2024 | 6.51% | 3.02% | 0.99x | 2.19x | ₩-10.92 Billion |
Industry Comparison
This section compares Tae Kyung Ind's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,252,997,989,292
- Average return on equity (ROE) among peers: 8.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tae Kyung Ind (015890) | ₩581.93 Billion | 9.81% | 0.67x | $32.57 Million |
| Rifa Ind (000760) | $181.15 Billion | -1.86% | 0.48x | $8.66 Million |
| Kumyang (001570) | $57.95 Billion | 24.95% | 1.85x | $316.82 Million |
| Sh E & Chemical Co. Ltd. (002360) | $94.10 Billion | 1.96% | 0.32x | $20.38 Million |
| KCC Corporation (002380) | $5.09 Trillion | 4.87% | 0.38x | $1.65 Billion |
| Miwon Commerci (002840) | $239.21 Billion | 9.14% | 0.38x | $100.20 Million |
| Taekwang Ind (003240) | $3.48 Trillion | 3.91% | 0.25x | $160.16 Million |
| Lotte Fine Chemical Co Ltd (004000) | $2.20 Trillion | 26.63% | 0.24x | $496.67 Million |
| Dongjin Semichem Co. Ltd (005290) | $133.88 Billion | 0.00% | 3.14x | $1.06 Billion |
| Isu Chemical Co Ltd (005950) | $279.30 Billion | 6.94% | 0.54x | $85.98 Million |
| Korea Petro Chemical Ind (006650) | $768.68 Billion | 3.91% | 0.65x | $316.72 Million |