Cosmax (044820) - Net Assets

Latest as of December 2025: ₩295.69 Billion KRW ≈ $200.38 Million USD

Based on the latest financial reports, Cosmax (044820) has net assets worth ₩295.69 Billion KRW (≈ $200.38 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.01 Trillion ≈ $681.98 Million USD) and total liabilities (₩710.65 Billion ≈ $481.60 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 Cosmax liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩295.69 Billion
% of Total Assets	29.38%
Annual Growth Rate	15.81%
5-Year Change	-13.52%
10-Year Change	-14.7%
Growth Volatility	41.41

Cosmax - Net Assets Trend (2003–2025)

This chart illustrates how Cosmax's net assets have evolved over time, based on quarterly financial data. Also explore Cosmax balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Cosmax (2003–2025)

The table below shows the annual net assets of Cosmax from 2003 to 2025. For live valuation and market cap data, see how much is Cosmax worth.

Year	Net Assets	Change
2025-12-31	₩295.69 Billion ≈ $200.38 Million	+5.14%
2024-12-31	₩281.23 Billion ≈ $190.59 Million	+11.42%
2023-12-31	₩252.40 Billion ≈ $171.05 Million	-22.52%
2022-12-31	₩325.76 Billion ≈ $220.76 Million	-4.72%
2021-12-31	₩341.90 Billion ≈ $231.70 Million	+2.91%
2020-12-31	₩332.24 Billion ≈ $225.15 Million	-6.67%
2019-12-31	₩355.99 Billion ≈ $241.25 Million	-1.07%
2018-12-31	₩359.85 Billion ≈ $243.86 Million	+4.71%
2017-12-31	₩343.68 Billion ≈ $232.91 Million	-0.86%
2016-12-31	₩346.65 Billion ≈ $234.92 Million	+6.53%
2015-12-31	₩325.41 Billion ≈ $220.53 Million	+18.09%
2014-12-31	₩275.56 Billion ≈ $186.74 Million	+169.32%
2013-12-31	₩102.32 Billion ≈ $69.34 Million	+27.92%
2012-12-31	₩79.99 Billion ≈ $54.21 Million	+30.98%
2011-12-31	₩61.07 Billion ≈ $41.39 Million	+24.88%
2010-12-31	₩48.91 Billion ≈ $33.14 Million	+26.01%
2009-12-31	₩38.81 Billion ≈ $26.30 Million	+94.89%
2008-12-31	₩19.91 Billion ≈ $13.50 Million	+2.28%
2007-12-31	₩19.47 Billion ≈ $13.20 Million	+49.37%
2004-12-31	₩13.04 Billion ≈ $8.83 Million	+11.32%
2003-12-31	₩11.71 Billion ≈ $7.94 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Cosmax'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 13354619775000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩133.55 Billion	48.47%
Other Components	₩141.99 Billion	51.53%
Total Equity	₩275.54 Billion	100.00%

Cosmax Competitors by Market Cap

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

Company	Market Cap
Sunstone Metals Ltd AU:STM	$115.44 Million
EML Payments Ltd AU:EML	$115.46 Million
Caisse Régionale du Crédit Agricole Alpes Provence PA:CRAP	$115.49 Million
DY Power Corp KO:210540	$115.55 Million
FastPartner AB Series D ST:FPAR-D	$115.32 Million
Streamex Corp NASDAQ:STEX	$115.31 Million
RheinLand Holding AG DU:RLV	$115.20 Million
Molson Coors Beverage Company NYSE:TAP-A	$115.18 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 251,686,104,930 to 275,535,137,530, a change of 23,849,032,600 (9.5%).
Net income of 29,208,372,630 contributed positively to equity growth.
Dividend payments of 4,299,677,550 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩29.21 Billion	+10.6%
Dividends Paid	₩4.30 Billion	-1.56%
Other Changes	₩-1.06 Billion	-0.38%
Total Change	₩-	9.48%

Book Value vs Market Value Analysis

This analysis compares Cosmax'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: 0.62x
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.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	₩30218.16	₩17810.00	x
2018-12-31	₩31281.21	₩17810.00	x
2019-12-31	₩32216.68	₩17810.00	x
2020-12-31	₩30463.45	₩17810.00	x
2021-12-31	₩32252.08	₩17810.00	x
2022-12-31	₩31501.59	₩17810.00	x
2023-12-31	₩24262.78	₩17810.00	x
2024-12-31	₩26341.22	₩17810.00	x
2025-12-31	₩28837.23	₩17810.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Cosmax 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): 10.60%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.53%
• Asset Turnover: 0.64x
• Equity Multiplier: 3.65x
Recent ROE (10.60%) is above the historical average (8.65%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	9.57%	2.81%	1.19x	2.86x	₩-53.91 Million
2008	6.31%	1.36%	1.18x	3.93x	₩-909.27 Million
2009	22.49%	6.35%	1.27x	2.79x	₩5.44 Billion
2010	18.07%	4.60%	1.43x	2.75x	₩3.95 Billion
2011	19.10%	4.72%	1.22x	3.31x	₩5.48 Billion
2012	26.53%	6.55%	1.29x	3.13x	₩12.76 Billion
2013	23.11%	5.79%	1.23x	3.25x	₩12.44 Billion
2014	5.21%	9.97%	0.34x	1.56x	₩-12.48 Billion
2015	2.87%	4.00%	0.37x	1.95x	₩-19.93 Billion
2016	5.29%	5.75%	0.40x	2.31x	₩-13.67 Billion
2017	1.33%	1.29%	0.40x	2.56x	₩-25.04 Billion
2018	3.18%	2.17%	0.50x	2.94x	₩-20.40 Billion
2019	0.13%	0.09%	0.52x	2.90x	₩-30.40 Billion
2020	-2.21%	-1.22%	0.60x	3.03x	₩-35.55 Billion
2021	4.59%	2.45%	0.60x	3.10x	₩-16.68 Billion
2022	-2.17%	-1.06%	0.66x	3.11x	₩-36.63 Billion
2023	3.91%	1.44%	0.72x	3.79x	₩-14.12 Billion
2024	6.54%	2.75%	0.63x	3.79x	₩-8.71 Billion
2025	10.60%	4.53%	0.64x	3.65x	₩1.65 Billion

Industry Comparison

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

Industry Context

Industry: Packaged Foods
Average net assets among peers: $624,762,189,955
Average return on equity (ROE) among peers: 2.47%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Cosmax (044820)	₩295.69 Billion	9.57%	2.40x	$115.32 Million
Daehan Flour Mills Co Ltd (001130)	$238.84 Billion	11.11%	1.02x	$174.98 Million
Daesang Corp (001680)	$1.45 Trillion	6.58%	1.42x	$486.05 Million
Daesang Corp Preference Shares (001685)	$1.32 Trillion	6.28%	1.41x	$15.68 Million
Korea Ind (002140)	$88.76 Billion	5.76%	1.06x	$47.32 Million
Choheung (002600)	$149.64 Billion	0.24%	1.63x	$59.77 Million
Sam Yang Foods (003230)	$54.47 Billion	7.75%	2.83x	$5.05 Billion
Daejoo Inc (003310)	$50.50 Billion	5.36%	0.67x	$82.87 Million
Harim Holdings Co. Ltd (003380)	$2.10 Trillion	14.57%	4.53x	$864.77 Million
Hansung Ent (003680)	$54.58 Billion	-22.33%	2.91x	$19.75 Million
Namyang Dairy (003920)	$737.95 Billion	-10.63%	0.22x	$209.00 Million

About Cosmax

KO:044820 Korea Packaged Foods

Market Cap

$115.32 Million

₩170.17 Billion KRW

Market Cap Rank

#18649 Global

#963 in Korea

Share Price

₩17810.00

Change (1 day)

+0.06%

52-Week Range

₩11290.00 - ₩24700.00

All Time High

₩68932.05