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. Check how resilient are Union Materials Corp's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is Union Materials Corp's balance sheet for the complete picture of this company's asset 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 market cap and net worth.

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
Hanwha Chemical Corp Pref KO:009835	$50.61 Million
Kervansaray Yatirim Holding AS IS:KERVN	$50.62 Million
Cnergenz Bhd KLSE:0246	$50.64 Million
SRM Entertainment, Inc. Common Stock NASDAQ:SRM	$50.65 Million
Kleannara KO:004540	$50.60 Million
Klotho Neurosciences, Inc. NASDAQ:KLTO	$50.59 Million
Dc Infotech And Communication Limited NSE:DCI	$50.58 Million
Bizim Toptan Satis Magazalari AS IS:BIZIM	$50.58 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: 4.84x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 0.77x to 4.84x 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	₩1778.00	x
2018-12-31	₩1996.80	₩1778.00	x
2019-12-31	₩2045.26	₩1778.00	x
2020-12-31	₩1980.31	₩1778.00	x
2021-12-31	₩1997.16	₩1778.00	x
2022-12-31	₩1995.74	₩1778.00	x
2023-12-31	₩1517.40	₩1778.00	x
2024-12-31	₩367.28	₩1778.00	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: $199,573,907,958
Average return on equity (ROE) among peers: 2.93%

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	$50.61 Million
Cs Holdings (000590)	$312.20 Billion	4.70%	0.13x	$56.10 Million
Cheil Grinding (001560)	$57.80 Billion	11.94%	0.37x	$54.34 Million
Keyang Elec Ma (012200)	$106.40 Billion	0.99%	0.16x	$129.14 Million
Keyang Electric Machinery Co Ltd (012205)	$127.92 Billion	-19.18%	1.33x	$6.32 Million
YG-1 Co. Ltd (019210)	$334.56 Billion	9.58%	1.81x	$359.49 Million
Korea Parts & Fasteners Co.Ltd (024880)	$146.04 Billion	2.24%	1.26x	$77.11 Million
Iljin Diamond (081000)	$535.08 Billion	1.58%	0.20x	$141.54 Million
Seoam Machinery Industry Co.Ltd (100660)	$65.69 Billion	2.93%	0.15x	$38.81 Million
Chosun Welding (120030)	$110.48 Billion	11.60%	0.10x	$64.31 Million

About Union Materials Corp

KO:047400 Korea Tools & Accessories

Market Cap

$50.61 Million

₩74.68 Billion KRW

Market Cap Rank

#21836 Global

#1433 in Korea

Share Price

₩1778.00

Change (1 day)

-4.10%

52-Week Range

₩1297.00 - ₩2260.00

All Time High

₩6720.00