Farmsco (036580) - Net Assets

Latest as of March 2026: ₩211.38 Billion KRW ≈ $143.25 Million USD

Based on the latest financial reports, Farmsco (036580) has net assets worth ₩211.38 Billion KRW (≈ $143.25 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 (₩1.06 Trillion ≈ $720.31 Million USD) and total liabilities (₩851.51 Billion ≈ $577.06 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 how tangible is Farmsco's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩211.38 Billion
% of Total Assets	19.89%
Annual Growth Rate	0.74%
5-Year Change	-28.86%
10-Year Change	-24.03%
Growth Volatility	15.25

Farmsco - Net Assets Trend (2011–2025)

This chart illustrates how Farmsco's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Farmsco to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Farmsco (2011–2025)

The table below shows the annual net assets of Farmsco from 2011 to 2025. For live valuation and market cap data, see market cap of Farmsco.

Year	Net Assets	Change
2025-12-31	₩223.35 Billion ≈ $151.36 Million	+37.36%
2024-12-31	₩162.61 Billion ≈ $110.20 Million	-32.53%
2023-12-31	₩241.01 Billion ≈ $163.33 Million	-13.26%
2022-12-31	₩277.85 Billion ≈ $188.30 Million	-11.50%
2021-12-31	₩313.96 Billion ≈ $212.77 Million	+2.22%
2020-12-31	₩307.15 Billion ≈ $208.15 Million	+2.39%
2019-12-31	₩299.97 Billion ≈ $203.29 Million	-3.18%
2018-12-31	₩309.82 Billion ≈ $209.96 Million	-3.34%
2017-12-31	₩320.52 Billion ≈ $217.21 Million	+9.01%
2016-12-31	₩294.02 Billion ≈ $199.25 Million	+10.63%
2015-12-31	₩265.78 Billion ≈ $180.11 Million	+0.21%
2014-12-31	₩265.23 Billion ≈ $179.74 Million	+11.78%
2013-12-31	₩237.29 Billion ≈ $160.81 Million	+4.60%
2012-12-31	₩226.86 Billion ≈ $153.74 Million	+12.59%
2011-12-31	₩201.49 Billion ≈ $136.55 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Farmsco'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 12159257805000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩121.59 Billion	58.68%
Other Components	₩85.62 Billion	41.32%
Total Equity	₩207.21 Billion	100.00%

Farmsco Competitors by Market Cap

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

Company	Market Cap
Borgestad A OL:BOR	$59.59 Million
CBAK ENERGY TECH. NEW F:B6JA	$59.59 Million
Osteonic Co. Ltd KQ:226400	$59.61 Million
Ebusco Holding BV AS:EBUS	$59.63 Million
iNtRON Biotechnology Inc KQ:048530	$59.56 Million
CALIX Ltd AU:CXL	$59.55 Million
Norcod As OL:NCOD	$59.54 Million
Air T Inc NASDAQ:AIRT	$59.53 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 146,262,834,550 to 207,208,505,470, a change of 60,945,670,920 (41.7%).
Net income of 40,931,330,820 contributed positively to equity growth.
Dividend payments of 1,883,487,280 reduced retained earnings.
Other factors increased equity by 21,897,827,380.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩40.93 Billion	+19.75%
Dividends Paid	₩1.88 Billion	-0.91%
Other Changes	₩21.90 Billion	+10.57%
Total Change	₩-	41.67%

Book Value vs Market Value Analysis

This analysis compares Farmsco'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: 0.42x
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 increased from 0.28x to 0.42x 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	₩8872.75	₩2510.00	x
2018-12-31	₩8712.93	₩2510.00	x
2019-12-31	₩8366.64	₩2510.00	x
2020-12-31	₩8467.72	₩2510.00	x
2021-12-31	₩8484.35	₩2510.00	x
2022-12-31	₩7532.32	₩2510.00	x
2023-12-31	₩6406.30	₩2510.00	x
2024-12-31	₩4176.69	₩2510.00	x
2025-12-31	₩5917.06	₩2510.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Farmsco 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): 19.75%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.63%
• Asset Turnover: 1.45x
• Equity Multiplier: 5.18x
Recent ROE (19.75%) is above the historical average (0.22%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	10.12%	3.80%	1.08x	2.47x	₩246.15 Million
2012	11.55%	3.93%	1.18x	2.49x	₩3.52 Billion
2013	4.06%	1.29%	1.32x	2.38x	₩-14.11 Billion
2014	4.37%	1.39%	1.15x	2.73x	₩-15.01 Billion
2015	4.11%	1.27%	1.12x	2.90x	₩-15.80 Billion
2016	9.19%	2.82%	1.43x	2.28x	₩-2.36 Billion
2017	12.55%	3.87%	1.41x	2.30x	₩8.04 Billion
2018	1.22%	0.37%	1.15x	2.89x	₩-26.84 Billion
2019	-2.83%	-0.71%	1.19x	3.34x	₩-37.58 Billion
2020	4.19%	0.93%	1.35x	3.34x	₩-17.23 Billion
2021	1.04%	0.20%	1.39x	3.73x	₩-26.64 Billion
2022	-12.42%	-1.72%	1.55x	4.64x	₩-59.13 Billion
2023	-15.24%	-1.84%	1.66x	4.99x	₩-56.63 Billion
2024	-48.33%	-4.49%	1.37x	7.86x	₩-85.32 Billion
2025	19.75%	2.63%	1.45x	5.18x	₩20.21 Billion

Industry Comparison

This section compares Farmsco's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

Industry: Packaged Foods
Average net assets among peers: $483,543,415,493
Average return on equity (ROE) among peers: 5.97%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Farmsco (036580)	₩211.38 Billion	10.12%	4.03x	$59.57 Million
Daehan Flour Mills Co Ltd (001130)	$607.35 Billion	3.07%	0.48x	$13.13 Million
Daesang Corp (001680)	$472.17 Billion	0.00%	2.84x	$419.36 Million
Daesang Corp Preference Shares (001685)	$867.27 Billion	7.45%	1.66x	$13.73 Million
Korea Ind (002140)	$76.12 Billion	11.88%	1.05x	$33.02 Million
Choheung (002600)	$149.64 Billion	0.24%	1.63x	$55.91 Million
Sam Yang Foods (003230)	$33.13 Billion	39.63%	5.21x	$5.05 Billion
Daejoo Inc (003310)	$68.99 Billion	6.29%	0.52x	$43.41 Million
Harim Holdings Co. Ltd (003380)	$1.69 Trillion	3.23%	4.53x	$699.33 Million
Hansung Ent (003680)	$54.00 Billion	-4.88%	3.12x	$17.59 Million
Namyang Dairy (003920)	$812.96 Billion	-7.24%	0.15x	$171.85 Million

About Farmsco

KO:036580 Korea Packaged Foods

Market Cap

$59.57 Million

₩87.90 Billion KRW

Market Cap Rank

#21278 Global

#1225 in Korea

Share Price

₩2510.00

Change (1 day)

-1.95%

52-Week Range

₩2260.00 - ₩4115.00

All Time High

₩15344.29