Chin Yang Chem (051630) - Net Assets
Based on the latest financial reports, Chin Yang Chem (051630) has net assets worth ₩39.72 Billion KRW (≈ $26.92 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 (₩82.25 Billion ≈ $55.74 Million USD) and total liabilities (₩42.53 Billion ≈ $28.82 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 051630 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩39.72 Billion |
| % of Total Assets | 48.29% |
| Annual Growth Rate | 3.17% |
| 5-Year Change | 56.42% |
| 10-Year Change | 29.84% |
| Growth Volatility | 12.35 |
Chin Yang Chem - Net Assets Trend (2013–2025)
This chart illustrates how Chin Yang Chem's net assets have evolved over time, based on quarterly financial data. See Chin Yang Chem (051630) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Chin Yang Chem (2013–2025)
The table below shows the annual net assets of Chin Yang Chem from 2013 to 2025. For live valuation and market cap data, see 051630 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩39.72 Billion ≈ $26.92 Million |
+2.42% |
| 2024-12-31 | ₩38.78 Billion ≈ $26.28 Million |
+19.07% |
| 2023-12-31 | ₩32.57 Billion ≈ $22.07 Million |
-6.25% |
| 2022-12-31 | ₩34.74 Billion ≈ $23.54 Million |
+36.82% |
| 2021-12-31 | ₩25.39 Billion ≈ $17.21 Million |
-8.02% |
| 2020-12-31 | ₩27.61 Billion ≈ $18.71 Million |
+3.57% |
| 2019-12-31 | ₩26.65 Billion ≈ $18.06 Million |
-7.33% |
| 2018-12-31 | ₩28.76 Billion ≈ $19.49 Million |
-1.82% |
| 2017-12-31 | ₩29.29 Billion ≈ $19.85 Million |
-4.23% |
| 2016-12-31 | ₩30.59 Billion ≈ $20.73 Million |
+1.31% |
| 2015-12-31 | ₩30.19 Billion ≈ $20.46 Million |
+1.01% |
| 2014-12-31 | ₩29.89 Billion ≈ $20.26 Million |
+9.41% |
| 2013-12-31 | ₩27.32 Billion ≈ $18.52 Million |
-- |
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 54.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩7.48 Billion | 18.83% |
| Other Components | ₩32.24 Billion | 81.17% |
| Total Equity | ₩39.72 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 |
|---|---|
|
K2A Knaust & Andersson Fastigheter AB (publ)
ST:K2A-B
|
$29.32 Million |
|
IT Link
PA:ALITL
|
$29.34 Million |
|
AJ Bell plc
LSE:AJB
|
$29.35 Million |
|
Karolinska Development AB ser. B
ST:KDEV
|
$29.36 Million |
|
PJP Makrum S.A.
WAR:PJP
|
$29.31 Million |
|
Gurktaler AG ST
VI:GAGS
|
$29.29 Million |
|
Myungmoon Phar
KO:017180
|
$29.29 Million |
|
Dongil Technology Ltd
KQ:032960
|
$29.28 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 2024 to 2025, total equity changed from 38,779,355,820 to 39,717,885,650, a change of 938,529,830 (2.4%).
- Net income of 896,491,080 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩896.49 Million | +2.26% |
| Other Changes | ₩42.04 Million | +0.11% |
| Total Change | ₩- | 2.42% |
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: 1.09x
- 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 0.84x to 1.09x 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 | ₩2040.00 | x |
| 2018-12-31 | ₩2396.71 | ₩2040.00 | x |
| 2019-12-31 | ₩2221.14 | ₩2040.00 | x |
| 2020-12-31 | ₩2300.45 | ₩2040.00 | x |
| 2021-12-31 | ₩2115.98 | ₩2040.00 | x |
| 2022-12-31 | ₩2198.81 | ₩2040.00 | x |
| 2023-12-31 | ₩2061.29 | ₩2040.00 | x |
| 2024-12-31 | ₩1829.21 | ₩2040.00 | x |
| 2025-12-31 | ₩1873.49 | ₩2040.00 | 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): 2.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.83%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 2.07x
- Recent ROE (2.26%) is above the historical average (0.64%), indicating improving 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 |
| 2025 | 2.26% | 4.83% | 0.23x | 2.07x | ₩-3.08 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: $1,019,217,608,936
- Average return on equity (ROE) among peers: 6.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chin Yang Chem (051630) | ₩39.72 Billion | 13.11% | 1.07x | $29.31 Million |
| Rifa Ind (000760) | $181.15 Billion | -1.86% | 0.48x | $23.49 Million |
| Kumyang (001570) | $117.41 Billion | 11.36% | 1.68x | $428.33 Million |
| Sh E & Chemical Co. Ltd. (002360) | $64.16 Billion | 3.67% | 0.88x | $142.41 Million |
| KCC Corporation (002380) | $5.04 Trillion | 6.82% | 1.60x | $2.66 Billion |
| Miwon Commerci (002840) | $267.57 Billion | 19.38% | 0.23x | $380.63 Million |
| Taekwang Ind (003240) | $1.47 Trillion | 2.08% | 0.33x | $510.47 Million |
| Lotte Fine Chemical Co Ltd (004000) | $2.29 Trillion | 6.37% | 0.18x | $847.50 Million |
| Dongjin Semichem Co. Ltd (005290) | $88.75 Billion | 0.00% | 3.24x | $2.18 Billion |
| Isu Chemical Co Ltd (005950) | $238.78 Billion | 5.60% | 0.88x | $253.62 Million |
| Korea Petro Chemical Ind (006650) | $431.77 Billion | 8.74% | 0.88x | $540.34 Million |
About 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