Union Materials Corp (047400) - Net Assets

Latest as of September 2025: ₩13.90 Billion KRW ≈ $9.42 Million USD

Based on the latest financial reports, Union Materials Corp (047400) has net assets worth ₩13.90 Billion KRW (≈ $9.42 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 (₩137.87 Billion ≈ $93.43 Million USD) and total liabilities (₩123.97 Billion ≈ $84.02 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 047400 total asset value for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets ₩13.90 Billion
% of Total Assets 10.08%
Annual Growth Rate -12.42%
5-Year Change -81.45%
10-Year Change -83.75%
Growth Volatility 21.4

Union Materials Corp - Net Assets Trend (2011–2024)

This chart illustrates how Union Materials Corp's net assets have evolved over time, based on quarterly financial data. Check Union Materials Corp (047400) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Union Materials Corp (2011–2024)

The table below shows the annual net assets of Union Materials Corp from 2011 to 2024. For live valuation and market cap data, see Union Materials Corp (047400) total market value.

Year Net Assets Change
2024-12-31 ₩15.43 Billion
≈ $10.45 Million		 -75.80%
2023-12-31 ₩63.73 Billion
≈ $43.19 Million		 -23.97%
2022-12-31 ₩83.82 Billion
≈ $56.80 Million		 -0.07%
2021-12-31 ₩83.88 Billion
≈ $56.84 Million		 +0.85%
2020-12-31 ₩83.17 Billion
≈ $56.37 Million		 -3.43%
2019-12-31 ₩86.13 Billion
≈ $58.37 Million		 +9.68%
2018-12-31 ₩78.53 Billion
≈ $53.22 Million		 -13.84%
2017-12-31 ₩91.14 Billion
≈ $61.77 Million		 -8.20%
2016-12-31 ₩99.28 Billion
≈ $67.28 Million		 +4.61%
2015-12-31 ₩94.91 Billion
≈ $64.32 Million		 +2.37%
2014-12-31 ₩92.71 Billion
≈ $62.83 Million		 +1.76%
2013-12-31 ₩91.11 Billion
≈ $61.74 Million		 +4.13%
2012-12-31 ₩87.49 Billion
≈ $59.29 Million		 +1.09%
2011-12-31 ₩86.55 Billion
≈ $58.65 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Union Materials Corp'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 3553504196000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components ₩50.96 Billion 330.36%
Total Equity ₩15.43 Billion 100.00%

Union Materials Corp Competitors by Market Cap

The table below lists competitors of Union Materials Corp ranked by their market capitalization.

Company Market Cap
Generic Engineering Construction and Projects Limited
NSE:GENCON
 $24.85 Million
SEOJEON ELECTRIC MACHINERY Co.Ltd
KQ:189860
 $24.88 Million
Hultström Group B
ST:HULT-B
 $24.88 Million
NORTH PEAK RESOURCES LTD.
F:B9TN
 $24.89 Million
A SPAC III Acquisition Corp. Class A Ordinary Shares
NASDAQ:ASPC
 $24.85 Million
DNXcorp
PA:ALDNX
 $24.84 Million
Radiopharm Theranostics Limited American Depositary Shares
NASDAQ:RADX
 $24.83 Million
Worth Peripherals Limited
NSE:WORTHPERI
 $24.83 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 63,730,656,150 to 15,425,888,240, a change of -48,304,767,910 (-75.8%).
  • Net loss of 46,475,655,490 reduced equity.
  • Other factors decreased equity by 1,829,112,420.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩-46.48 Billion -301.28%
Other Changes ₩-1.83 Billion -11.86%
Total Change ₩- -75.80%

Book Value vs Market Value Analysis

This analysis compares Union Materials Corp'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: 2.38x
  • 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 0.38x to 2.38x 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 ₩2300.72 ₩873.00 x
2018-12-31 ₩1996.80 ₩873.00 x
2019-12-31 ₩2045.26 ₩873.00 x
2020-12-31 ₩1980.31 ₩873.00 x
2021-12-31 ₩1997.16 ₩873.00 x
2022-12-31 ₩1995.74 ₩873.00 x
2023-12-31 ₩1517.40 ₩873.00 x
2024-12-31 ₩367.28 ₩873.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Union Materials Corp 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): -301.28%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -42.89%
  • • Asset Turnover: 0.78x
  • • Equity Multiplier: 8.96x
  • Recent ROE (-301.28%) is below the historical average (-21.87%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 7.32% 7.08% 0.66x 1.57x ₩-2.31 Billion
2012 4.77% 4.22% 0.69x 1.65x ₩-4.55 Billion
2013 5.91% 5.47% 0.68x 1.59x ₩-3.71 Billion
2014 3.88% 3.38% 0.72x 1.59x ₩-5.65 Billion
2015 5.40% 4.79% 0.73x 1.54x ₩-4.35 Billion
2016 6.76% 6.24% 0.74x 1.46x ₩-3.20 Billion
2017 -0.89% -0.74% 0.78x 1.55x ₩-9.89 Billion
2018 -11.24% -7.83% 0.78x 1.84x ₩-16.62 Billion
2019 2.71% 2.13% 0.62x 2.04x ₩-6.26 Billion
2020 -1.62% -1.44% 0.51x 2.22x ₩-9.66 Billion
2021 0.65% 0.46% 0.63x 2.23x ₩-7.84 Billion
2022 -0.26% -0.17% 0.62x 2.44x ₩-8.60 Billion
2023 -28.32% -15.50% 0.62x 2.94x ₩-24.42 Billion
2024 -301.28% -42.89% 0.78x 8.96x ₩-48.02 Billion

Industry Comparison

This section compares Union Materials Corp's net assets metrics with peer companies in the Tools & Accessories industry.

Industry Context

  • Industry: Tools & Accessories
  • Average net assets among peers: $110,518,142,789
  • Average return on equity (ROE) among peers: 8.94%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Union Materials Corp (047400) ₩13.90 Billion 7.32% 8.92x $24.85 Million
Cs Holdings (000590) $224.39 Billion 3.28% 0.16x $44.45 Million
Cheil Grinding (001560) $95.82 Billion 11.38% 0.11x $37.77 Million
Keyang Elec Ma (012200) $131.14 Billion 4.17% 0.18x $65.58 Million
Keyang Electric Machinery Co Ltd (012205) $187.41 Billion 5.09% 0.45x $4.29 Million
YG-1 Co. Ltd (019210) $65.47 Billion 13.63% 1.01x $384.74 Million
Korea Parts & Fasteners Co.Ltd (024880) $104.65 Billion 14.42% 0.97x $47.86 Million
Iljin Diamond (081000) $69.64 Billion 4.77% 0.92x $78.90 Million
Seoam Machinery Industry Co.Ltd (100660) $55.29 Billion 2.53% 0.14x $22.97 Million
Chosun Welding (120030) $60.85 Billion 21.16% 0.22x $52.62 Million

About Union Materials Corp

KO:047400 Korea Tools & Accessories
Market Cap
$24.85 Million
₩36.67 Billion KRW
Market Cap Rank
#24342 Global
#1703 in Korea
Share Price
₩873.00
Change (1 day)
+3.68%
52-Week Range
₩842.00 - ₩2260.00
All Time High
₩6720.00
Categories
Companies in Korea Tools & Accessories
About

Union Materials Corp., together with its subsidiaries, manufactures and sells ferrite magnets for motors in South Korea and internationally. The company operates through Ceramic and Ferrite segments. It offers fine ceramics products, such as alumina, silicon nitride, zirconia, and silicon carbide materials; cermet, ceramics, PCBN/PCD cutting tools, tool holders, milling cutters, endmills and dril… Read more