Chin Yang Chem
Chinyang Chemical Corporation manufactures and sells chemical products in South Korea. It offers floor coverings for residential and commercial purposes; artificial leather for car seats, door trims, consoles, and headrest applications, as well as furniture; and tarpaulin for Drapery, windbreak, awning, simple tent, car shelter, beach umbrellas, livestock use, and various covers. The company was … Read more
Chin Yang Chem (051630) - Net Assets
Latest net assets as of September 2025: ₩38.78 Billion KRW
Based on the latest financial reports, Chin Yang Chem (051630) has net assets worth ₩38.78 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩80.13 Billion) and total liabilities (₩41.35 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩38.78 Billion |
| % of Total Assets | 48.39% |
| Annual Growth Rate | 3.23% |
| 5-Year Change | 40.48% |
| 10-Year Change | 28.44% |
| Growth Volatility | 12.9 |
Chin Yang Chem - Net Assets Trend (2013–2024)
This chart illustrates how Chin Yang Chem's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chin Yang Chem (2013–2024)
The table below shows the annual net assets of Chin Yang Chem from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩38.78 Billion | +19.07% |
| 2023-12-31 | ₩32.57 Billion | -6.25% |
| 2022-12-31 | ₩34.74 Billion | +36.82% |
| 2021-12-31 | ₩25.39 Billion | -8.02% |
| 2020-12-31 | ₩27.61 Billion | +3.57% |
| 2019-12-31 | ₩26.65 Billion | -7.33% |
| 2018-12-31 | ₩28.76 Billion | -1.82% |
| 2017-12-31 | ₩29.29 Billion | -4.23% |
| 2016-12-31 | ₩30.59 Billion | +1.31% |
| 2015-12-31 | ₩30.19 Billion | +1.01% |
| 2014-12-31 | ₩29.89 Billion | +9.41% |
| 2013-12-31 | ₩27.32 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chin Yang Chem'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 59.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩6.61 Billion | 17.04% |
| Other Components | ₩32.17 Billion | 82.96% |
| Total Equity | ₩38.78 Billion | 100.00% |
Chin Yang Chem Competitors by Market Cap
The table below lists competitors of Chin Yang Chem ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shinhung
KO:004080
|
$10.80 Million |
|
Quickfee Ltd
AU:QFE
|
$10.80 Million |
|
Ridgetech, Inc.
NASDAQ:RDGT
|
$10.80 Million |
|
Papercorea
KO:001020
|
$10.80 Million |
|
Alton Sports Co.Ltd
KQ:123750
|
$10.79 Million |
|
Peace & Living PCL
BK:PEACE
|
$10.79 Million |
|
Replenish Nutrients Holding Corp.
F:7KE
|
$10.79 Million |
|
TWL Holdings Bhd
KLSE:7079
|
$10.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chin Yang Chem's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 32,568,375,440 to 38,779,355,820, a change of 6,210,980,380 (19.1%).
- Net loss of 4,488,079,280 reduced equity.
- New share issuances of 10,698,703,090 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-4.49 Billion | -11.57% |
| Share Issuances | ₩10.70 Billion | +27.59% |
| Other Changes | ₩356.57K | +0.0% |
| Total Change | ₩- | 19.07% |
Book Value vs Market Value Analysis
This analysis compares Chin Yang Chem'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: 1.28x
- 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 0.96x to 1.28x 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 | ₩2441.20 | ₩2345.00 | x |
| 2018-12-31 | ₩2396.71 | ₩2345.00 | x |
| 2019-12-31 | ₩2221.14 | ₩2345.00 | x |
| 2020-12-31 | ₩2300.45 | ₩2345.00 | x |
| 2021-12-31 | ₩2115.98 | ₩2345.00 | x |
| 2022-12-31 | ₩2198.81 | ₩2345.00 | x |
| 2023-12-31 | ₩2061.29 | ₩2345.00 | x |
| 2024-12-31 | ₩1829.21 | ₩2345.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chin Yang Chem 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): -11.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.30%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 2.12x
- Recent ROE (-11.57%) is below the historical average (0.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.11% | 5.10% | 1.58x | 1.62x | ₩848.83 Million |
| 2014 | 17.55% | 6.62% | 1.72x | 1.54x | ₩2.26 Billion |
| 2015 | 8.50% | 3.63% | 1.66x | 1.41x | ₩-452.39 Million |
| 2016 | 4.29% | 2.28% | 1.33x | 1.41x | ₩-1.75 Billion |
| 2017 | -1.15% | -0.68% | 1.20x | 1.41x | ₩-3.27 Billion |
| 2018 | -1.15% | -0.67% | 1.24x | 1.39x | ₩-3.21 Billion |
| 2019 | -7.86% | -4.71% | 1.19x | 1.41x | ₩-4.76 Billion |
| 2020 | 2.99% | 1.91% | 1.13x | 1.39x | ₩-1.93 Billion |
| 2021 | -8.71% | -6.36% | 1.03x | 1.33x | ₩-4.75 Billion |
| 2022 | -3.20% | -3.83% | 0.65x | 1.28x | ₩-4.59 Billion |
| 2023 | -6.67% | -7.68% | 0.57x | 1.53x | ₩-5.43 Billion |
| 2024 | -11.57% | -18.30% | 0.30x | 2.12x | ₩-8.37 Billion |
Industry Comparison
This section compares Chin Yang Chem's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,252,997,989,292
- Average return on equity (ROE) among peers: 8.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chin Yang Chem (051630) | ₩38.78 Billion | 13.11% | 1.07x | $10.80 Million |
| Rifa Ind (000760) | $181.15 Billion | -1.86% | 0.48x | $8.66 Million |
| Kumyang (001570) | $57.95 Billion | 24.95% | 1.85x | $316.82 Million |
| Sh E & Chemical Co. Ltd. (002360) | $94.10 Billion | 1.96% | 0.32x | $20.38 Million |
| KCC Corporation (002380) | $5.09 Trillion | 4.87% | 0.38x | $1.65 Billion |
| Miwon Commerci (002840) | $239.21 Billion | 9.14% | 0.38x | $100.20 Million |
| Taekwang Ind (003240) | $3.48 Trillion | 3.91% | 0.25x | $160.16 Million |
| Lotte Fine Chemical Co Ltd (004000) | $2.20 Trillion | 26.63% | 0.24x | $496.67 Million |
| Dongjin Semichem Co. Ltd (005290) | $133.88 Billion | 0.00% | 3.14x | $1.06 Billion |
| Isu Chemical Co Ltd (005950) | $279.30 Billion | 6.94% | 0.54x | $85.98 Million |
| Korea Petro Chemical Ind (006650) | $768.68 Billion | 3.91% | 0.65x | $316.72 Million |