Nongshim Holdi (072710) - Net Assets
Based on the latest financial reports, Nongshim Holdi (072710) has net assets worth ₩1.30 Trillion KRW (≈ $879.38 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 (₩1.82 Trillion ≈ $1.23 Billion USD) and total liabilities (₩518.33 Billion ≈ $351.27 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 Nongshim Holdi asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.30 Trillion |
| % of Total Assets | 71.46% |
| Annual Growth Rate | 1.72% |
| 5-Year Change | 25.07% |
| 10-Year Change | 56.19% |
| Growth Volatility | 13.61 |
Nongshim Holdi - Net Assets Trend (2003–2024)
This chart illustrates how Nongshim Holdi's net assets have evolved over time, based on quarterly financial data. Also explore Nongshim Holdi balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Nongshim Holdi (2003–2024)
The table below shows the annual net assets of Nongshim Holdi from 2003 to 2024. For live valuation and market cap data, see market value of Nongshim Holdi.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.22 Trillion ≈ $825.10 Million |
+8.29% |
| 2023-12-31 | ₩1.12 Trillion ≈ $761.91 Million |
+4.36% |
| 2022-12-31 | ₩1.08 Trillion ≈ $730.05 Million |
+3.69% |
| 2021-12-31 | ₩1.04 Trillion ≈ $704.06 Million |
+6.72% |
| 2020-12-31 | ₩973.51 Billion ≈ $659.74 Million |
+5.58% |
| 2019-12-31 | ₩922.10 Billion ≈ $624.89 Million |
+2.92% |
| 2018-12-31 | ₩895.90 Billion ≈ $607.14 Million |
+3.78% |
| 2017-12-31 | ₩863.28 Billion ≈ $585.03 Million |
+2.59% |
| 2016-12-31 | ₩841.49 Billion ≈ $570.27 Million |
+7.95% |
| 2015-12-31 | ₩779.53 Billion ≈ $528.28 Million |
+5.31% |
| 2014-12-31 | ₩740.19 Billion ≈ $501.62 Million |
+1.68% |
| 2013-12-31 | ₩727.96 Billion ≈ $493.33 Million |
+4.76% |
| 2012-12-31 | ₩694.88 Billion ≈ $470.91 Million |
-0.69% |
| 2011-12-31 | ₩699.67 Billion ≈ $474.16 Million |
-55.67% |
| 2010-12-31 | ₩1.58 Trillion ≈ $1.07 Billion |
+8.15% |
| 2009-12-31 | ₩1.46 Trillion ≈ $989.16 Million |
+9.76% |
| 2008-12-31 | ₩1.33 Trillion ≈ $901.18 Million |
+8.87% |
| 2007-12-31 | ₩1.22 Trillion ≈ $827.77 Million |
+5.84% |
| 2006-12-31 | ₩1.15 Trillion ≈ $782.11 Million |
+11.13% |
| 2005-12-31 | ₩1.04 Trillion ≈ $703.78 Million |
+5.42% |
| 2004-12-31 | ₩985.08 Billion ≈ $667.58 Million |
+15.71% |
| 2003-12-31 | ₩851.35 Billion ≈ $576.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nongshim Holdi'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 7909.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩874.52 Billion | 71.83% |
| Other Components | ₩343.01 Billion | 28.17% |
| Total Equity | ₩1.22 Trillion | 100.00% |
Nongshim Holdi Competitors by Market Cap
The table below lists competitors of Nongshim Holdi ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Titomic Ltd
AU:TTT
|
$306.83 Million |
|
Empresas Tricot S.A
SN:TRICOT
|
$306.84 Million |
|
Pulmuone Holdi
KO:017810
|
$307.28 Million |
|
Atreyu Capital Markets Ltd
TA:ATRY
|
$307.30 Million |
|
Israel Land Development Urban Renewal Ltd
TA:ILDR
|
$306.72 Million |
|
DreamTech Co Ltd
KO:192650
|
$306.69 Million |
|
Anton Oilfield Services Group
F:5AO
|
$306.54 Million |
|
Arvind SmartSpaces Limited
NSE:ARVSMART
|
$306.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nongshim Holdi's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,122,517,341,440 to 1,217,526,082,410, a change of 95,008,740,970 (8.5%).
- Net income of 74,750,260,110 contributed positively to equity growth.
- Dividend payments of 11,647,745,400 reduced retained earnings.
- Other factors increased equity by 31,906,226,260.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩74.75 Billion | +6.14% |
| Dividends Paid | ₩11.65 Billion | -0.96% |
| Other Changes | ₩31.91 Billion | +2.62% |
| Total Change | ₩- | 8.46% |
Book Value vs Market Value Analysis
This analysis compares Nongshim Holdi'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: 0.37x
- 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.
- The price-to-book ratio has decreased from 0.53x to 0.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩185858.09 | ₩97600.00 | x |
| 2018-12-31 | ₩192883.45 | ₩97600.00 | x |
| 2019-12-31 | ₩198514.47 | ₩97600.00 | x |
| 2020-12-31 | ₩209586.07 | ₩97600.00 | x |
| 2021-12-31 | ₩223665.70 | ₩97600.00 | x |
| 2022-12-31 | ₩231914.26 | ₩97600.00 | x |
| 2023-12-31 | ₩242037.12 | ₩97600.00 | x |
| 2024-12-31 | ₩262522.90 | ₩97600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nongshim Holdi 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): 6.14%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.36%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.32x
- Recent ROE (6.14%) is below the historical average (7.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 7.90% | 4.73% | 0.28x | 5.92x | ₩-5.58 Billion |
| 2004 | 17.86% | 3.27% | 1.04x | 5.26x | ₩25.38 Billion |
| 2005 | 13.11% | 2.55% | 0.94x | 5.50x | ₩10.65 Billion |
| 2006 | 13.84% | 3.00% | 0.92x | 5.04x | ₩14.92 Billion |
| 2007 | 10.70% | 2.33% | 0.87x | 5.30x | ₩2.61 Billion |
| 2008 | 10.95% | 2.41% | 0.89x | 5.10x | ₩4.01 Billion |
| 2009 | 11.47% | 2.61% | 0.95x | 4.60x | ₩7.26 Billion |
| 2010 | 10.10% | 2.37% | 0.95x | 4.51x | ₩536.53 Million |
| 2011 | 6.04% | 12.96% | 0.33x | 1.42x | ₩-27.49 Billion |
| 2012 | 2.13% | 4.68% | 0.32x | 1.40x | ₩-54.27 Billion |
| 2013 | 6.71% | 13.66% | 0.35x | 1.41x | ₩-23.91 Billion |
| 2014 | 3.47% | 6.62% | 0.37x | 1.40x | ₩-48.25 Billion |
| 2015 | 6.12% | 10.60% | 0.41x | 1.39x | ₩-30.23 Billion |
| 2016 | 9.44% | 18.88% | 0.36x | 1.39x | ₩-4.67 Billion |
| 2017 | 4.72% | 8.91% | 0.40x | 1.33x | ₩-45.55 Billion |
| 2018 | 5.22% | 8.60% | 0.45x | 1.34x | ₩-42.72 Billion |
| 2019 | 3.97% | 6.82% | 0.44x | 1.32x | ₩-55.49 Billion |
| 2020 | 7.04% | 11.72% | 0.47x | 1.28x | ₩-28.81 Billion |
| 2021 | 4.73% | 7.65% | 0.48x | 1.28x | ₩-54.66 Billion |
| 2022 | 3.17% | 5.06% | 0.49x | 1.29x | ₩-73.46 Billion |
| 2023 | 5.98% | 8.73% | 0.51x | 1.34x | ₩-45.11 Billion |
| 2024 | 6.14% | 9.36% | 0.50x | 1.32x | ₩-47.00 Billion |
Industry Comparison
This section compares Nongshim Holdi'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 |
|---|---|---|---|---|
| Nongshim Holdi (072710) | ₩1.30 Trillion | 7.90% | 0.40x | $306.75 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 Nongshim Holdi
Nongshim Holdings Co.,Ltd. together with its subsidiaries, manufactures, imports, exports, and sells food products and consumer goods in South Korea, China, the United Stated, Canada, Japan, Australia, and Vietnam. It provides instant noodles, snacks, and beverages. The company also processes agricultural and marine products, as well as manufactures soup powder; manufactures and sells food proces… Read more