Tae Kyung Ind (015890) - Net Assets

Latest as of September 2025: ₩581.93 Billion KRW ≈ $394.36 Million USD

Based on the latest financial reports, Tae Kyung Ind (015890) has net assets worth ₩581.93 Billion KRW (≈ $394.36 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 (₩971.17 Billion ≈ $658.15 Million USD) and total liabilities (₩389.24 Billion ≈ $263.79 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 015890 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore balance sheet size of Tae Kyung Ind for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Tae Kyung Ind stock valuation.

Year	Net Assets	Change
2024-12-31	₩477.98 Billion ≈ $323.92 Million	+6.21%
2023-12-31	₩450.04 Billion ≈ $304.99 Million	+6.94%
2022-12-31	₩420.84 Billion ≈ $285.20 Million	+9.17%
2021-12-31	₩385.48 Billion ≈ $261.23 Million	+11.54%
2020-12-31	₩345.60 Billion ≈ $234.21 Million	+0.70%
2019-12-31	₩343.20 Billion ≈ $232.58 Million	+10.60%
2018-12-31	₩310.32 Billion ≈ $210.30 Million	+17.80%
2017-12-31	₩263.42 Billion ≈ $178.51 Million	+0.32%
2016-12-31	₩262.58 Billion ≈ $177.95 Million	+2.03%
2015-12-31	₩257.36 Billion ≈ $174.41 Million	-4.71%
2014-12-31	₩270.09 Billion ≈ $183.04 Million	-4.11%
2013-12-31	₩281.67 Billion ≈ $190.88 Million	+2.04%
2012-12-31	₩276.03 Billion ≈ $187.06 Million	+6.22%
2011-12-31	₩259.87 Billion ≈ $176.11 Million	+16.49%
2010-12-31	₩223.09 Billion ≈ $151.18 Million	+7.33%
2009-12-31	₩207.86 Billion ≈ $140.86 Million	+11.15%
2008-12-31	₩187.02 Billion ≈ $126.74 Million	+11.97%
2007-12-31	₩167.02 Billion ≈ $113.19 Million	+4.75%
2006-12-31	₩159.45 Billion ≈ $108.05 Million	-0.36%
2005-12-31	₩160.01 Billion ≈ $108.44 Million	+5.27%
2004-12-31	₩152.00 Billion ≈ $103.01 Million	+9.72%
2003-12-31	₩138.54 Billion ≈ $93.89 Million	+20.03%
2002-12-31	₩115.42 Billion ≈ $78.22 Million	+13.47%
2001-12-31	₩101.72 Billion ≈ $68.93 Million	+66.03%
2000-12-31	₩61.27 Billion ≈ $41.52 Million	+15.15%
1999-12-31	₩53.21 Billion ≈ $36.06 Million	--

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
Pelita Samudera Shipping Tbk PT JK:PSSI	$101.43 Million
Mercan Kimya Sanayi ve Ticaret AS IS:MERCN	$101.48 Million
Immobile WAR:GKI	$101.48 Million
Sage Group PLC LSE:SGE	$101.55 Million
Alpha Astika Akinita S.A AT:ASTAK	$101.36 Million
Fleury Michon PA:ALFLE	$101.35 Million
Bank of the James Financial Group NASDAQ:BOTJ	$101.32 Million
Erciyas Celik Boru Sanayi A.S. IS:ERCB	$101.29 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: 0.48x
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 0.82x to 0.48x 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	₩5120.00	x
2018-12-31	₩7847.78	₩5120.00	x
2019-12-31	₩8186.09	₩5120.00	x
2020-12-31	₩8062.90	₩5120.00	x
2021-12-31	₩9204.32	₩5120.00	x
2022-12-31	₩10076.63	₩5120.00	x
2023-12-31	₩10337.42	₩5120.00	x
2024-12-31	₩10720.09	₩5120.00	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: $1,249,276,842,952
Average return on equity (ROE) among peers: 3.65%

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	$101.42 Million
Rifa Ind (000760)	$184.79 Billion	-1.16%	0.52x	$29.96 Million
Kumyang (001570)	$21.43 Billion	0.12%	1.54x	$428.33 Million
Sh E & Chemical Co. Ltd. (002360)	$64.16 Billion	3.67%	0.88x	$26.35 Million
KCC Corporation (002380)	$5.38 Trillion	-0.85%	1.40x	$2.77 Billion
Miwon Commerci (002840)	$400.46 Billion	12.62%	0.20x	$473.99 Million
Taekwang Ind (003240)	$3.48 Trillion	3.91%	0.25x	$570.36 Million
Lotte Fine Chemical Co Ltd (004000)	$1.19 Trillion	7.48%	0.38x	$1.20 Billion
Dongjin Semichem Co. Ltd (005290)	$553.45 Billion	18.66%	1.14x	$1.97 Billion
Isu Chemical Co Ltd (005950)	$373.77 Billion	-15.59%	1.93x	$193.47 Million
Korea Petro Chemical Ind (006650)	$842.12 Billion	7.61%	0.71x	$757.99 Million

About Tae Kyung Ind

KO:015890 Korea Chemicals

Market Cap

$101.42 Million

₩149.65 Billion KRW

Market Cap Rank

#19130 Global

#1023 in Korea

Share Price

₩5120.00

Change (1 day)

-0.39%

52-Week Range

₩4565.00 - ₩5580.00

All Time High

₩10980.00