Choil Aluminum Net Assets
Choil Aluminum net assets. Based on the latest financial reports, Choil Aluminum (018470) has net assets worth ₩219.60 Billion KRW (≈ $148.82 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩438.43 Billion ≈ $297.12 Million USD) and total liabilities (₩218.84 Billion ≈ $148.30 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. Also explore Choil Aluminum (018470) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩219.60 Billion |
| % of Total Assets | 50.09% |
| Annual Growth Rate | 1.63% |
| 5-Year Change | 25.59% |
| 10-Year Change | 6.2% |
| Growth Volatility | 19.2 |
Net Assets of Choil Aluminum (2013–2025)
Net assets of Choil Aluminum from 2013 to 2025. This chart illustrates how Choil Aluminum's net assets have evolved over time, based on quarterly financial data. See Choil Aluminum balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Choil Aluminum (2013–2025)
The table below shows the annual net assets of Choil Aluminum from 2013 to 2025. For live market cap and overall valuation, see market cap of Choil Aluminum.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩209.58 Billion ≈ $142.03 Million |
+4.99% |
| 2024-12-31 | ₩199.62 Billion ≈ $135.28 Million |
+4.30% |
| 2023-12-31 | ₩191.38 Billion ≈ $129.70 Million |
+2.39% |
| 2022-12-31 | ₩186.91 Billion ≈ $126.67 Million |
+12.01% |
| 2021-12-31 | ₩166.87 Billion ≈ $113.08 Million |
+49.16% |
| 2020-12-31 | ₩111.87 Billion ≈ $75.81 Million |
-1.39% |
| 2019-12-31 | ₩113.45 Billion ≈ $76.88 Million |
-39.26% |
| 2018-12-31 | ₩186.77 Billion ≈ $126.57 Million |
-4.29% |
| 2017-12-31 | ₩195.13 Billion ≈ $132.24 Million |
-1.12% |
| 2016-12-31 | ₩197.33 Billion ≈ $133.73 Million |
+19.59% |
| 2015-12-31 | ₩165.00 Billion ≈ $111.82 Million |
-3.11% |
| 2014-12-31 | ₩170.30 Billion ≈ $115.41 Million |
-1.37% |
| 2013-12-31 | ₩172.68 Billion ≈ $117.02 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Choil Aluminum'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 decreased by 31.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Choil Aluminum Net Assets Breakdown (December 2025)
Choil Aluminum net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩58.49 Billion | 27.91% |
| Other Components | ₩151.08 Billion | 72.09% |
| Total Equity | ₩209.58 Billion | 100.00% |
Choil Aluminum Competitors by Market Cap
The table below lists competitors of Choil Aluminum ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oriental Kopi Holdings Berhad
KLSE:0338
|
$419.28 Million |
|
Miwon Commerci
KO:002840
|
$419.41 Million |
|
Johnson Controls - Hitachi Air Conditioning India Limited
NSE:JCHAC
|
$419.42 Million |
|
Nanjing Zhongbei Group Co Ltd
SHE:000421
|
$419.43 Million |
|
Qingdao Copton Technology Co Ltd
SHG:603798
|
$419.17 Million |
|
Shenzhen King Brother Electronics Technology Co.Ltd.
SHE:301041
|
$419.15 Million |
|
African Gold Ltd
AU:A1G
|
$419.02 Million |
|
SoluM Co Ltd
KO:248070
|
$418.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Choil Aluminum's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 199,619,106,950 to 209,575,969,360, a change of 9,956,862,410 (5.0%).
- Net income of 7,976,324,020 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩7.98 Billion | +3.81% |
| Other Changes | ₩1.98 Billion | +0.95% |
| Total Change | ₩- | 4.99% |
Book Value vs Market Value Analysis
This analysis compares Choil Aluminum'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: 2.95x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.74x to 2.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩2803.61 | ₩4885.00 | x |
| 2018-12-31 | ₩2683.44 | ₩4885.00 | x |
| 2019-12-31 | ₩1617.13 | ₩4885.00 | x |
| 2020-12-31 | ₩1335.40 | ₩4885.00 | x |
| 2021-12-31 | ₩1360.72 | ₩4885.00 | x |
| 2022-12-31 | ₩1485.42 | ₩4885.00 | x |
| 2023-12-31 | ₩1511.35 | ₩4885.00 | x |
| 2024-12-31 | ₩1576.38 | ₩4885.00 | x |
| 2025-12-31 | ₩1655.00 | ₩4885.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Choil Aluminum 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): 3.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.64%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 1.96x
- Recent ROE (3.81%) is above the historical average (-3.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 1.46% | 0.77% | 1.26x | 1.50x | ₩-14.74 Billion |
| 2014 | -1.16% | -0.64% | 1.09x | 1.67x | ₩-19.01 Billion |
| 2015 | -3.45% | -2.10% | 0.99x | 1.67x | ₩-22.19 Billion |
| 2016 | 16.79% | 12.11% | 0.84x | 1.64x | ₩13.39 Billion |
| 2017 | -0.94% | -0.61% | 0.89x | 1.71x | ₩-21.35 Billion |
| 2018 | -5.58% | -3.28% | 0.89x | 1.91x | ₩-29.09 Billion |
| 2019 | -67.62% | -24.61% | 1.08x | 2.55x | ₩-88.06 Billion |
| 2020 | -7.90% | -2.66% | 1.21x | 2.46x | ₩-20.03 Billion |
| 2021 | 9.39% | 3.36% | 1.34x | 2.09x | ₩-1.01 Billion |
| 2022 | 9.54% | 3.17% | 1.53x | 1.97x | ₩-862.41 Million |
| 2023 | -0.07% | -0.03% | 1.19x | 2.04x | ₩-19.27 Billion |
| 2024 | 5.50% | 2.20% | 1.18x | 2.11x | ₩-8.98 Billion |
| 2025 | 3.81% | 1.64% | 1.18x | 1.96x | ₩-12.98 Billion |
Industry Comparison
This section compares Choil Aluminum's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $142,258,349,284
- Average return on equity (ROE) among peers: -6.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Choil Aluminum (018470) | ₩219.60 Billion | 1.46% | 1.00x | $419.21 Million |
| Aluko Co Ltd (001780) | $310.58 Billion | 4.49% | 1.63x | $95.74 Million |
| Sam-A Aluminiu (006110) | $108.74 Billion | 0.81% | 0.79x | $507.32 Million |
| Sambo Industrial (009620) | $31.79 Billion | -74.34% | 8.30x | $60.72 Million |
| Sammok S-Form Co.Ltd (018310) | $390.41 Billion | 7.76% | 0.40x | $142.10 Million |
| Daeho Al Co. Ltd. (069460) | $94.73 Billion | 3.68% | 0.54x | $156.77 Million |
| PJ Metal Co. Ltd (128660) | $37.33 Billion | 6.41% | 0.98x | $44.96 Million |
| Green Plus Co. Ltd (186230) | $22.22 Billion | 6.31% | 0.73x | $23.10 Million |
About Choil Aluminum
Choil Aluminum Co., Ltd. operates as an aluminum rolling company in South Korea. The company provides secondary battery, automobile, aluminum foils, electrical and electronic components, construction materials, PP CAP, and railroad products. Choil Aluminum Co., Ltd. was founded in 1975 and is headquartered in Gyeongsan-si, South Korea.