NOROO Paint & Coatings Co Ltd Net Assets
NOROO Paint & Coatings Co Ltd net assets. Based on the latest financial reports, NOROO Paint & Coatings Co Ltd (090355) has net assets worth ₩436.49 Billion KRW (≈ $295.81 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩779.94 Billion ≈ $528.56 Million USD) and total liabilities (₩343.45 Billion ≈ $232.75 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 090355 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩436.49 Billion |
| % of Total Assets | 55.96% |
| Annual Growth Rate | 5.08% |
| 5-Year Change | 20.58% |
| 10-Year Change | 50.47% |
| Growth Volatility | 3.21 |
Net Assets of NOROO Paint & Coatings Co Ltd (2014–2025)
Net assets of NOROO Paint & Coatings Co Ltd from 2014 to 2025. This chart illustrates how NOROO Paint & Coatings Co Ltd's net assets have evolved over time, based on quarterly financial data. See NOROO Paint & Coatings Co Ltd (090355) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for NOROO Paint & Coatings Co Ltd (2014–2025)
The table below shows the annual net assets of NOROO Paint & Coatings Co Ltd from 2014 to 2025. For live market cap and overall valuation, see NOROO Paint & Coatings Co Ltd (090355) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩415.98 Billion ≈ $281.90 Million |
+2.25% |
| 2024-12-31 | ₩406.84 Billion ≈ $275.71 Million |
+8.70% |
| 2023-12-31 | ₩374.28 Billion ≈ $253.64 Million |
+6.13% |
| 2022-12-31 | ₩352.67 Billion ≈ $239.00 Million |
+2.23% |
| 2021-12-31 | ₩344.99 Billion ≈ $233.80 Million |
+3.33% |
| 2020-12-31 | ₩333.86 Billion ≈ $226.25 Million |
+3.57% |
| 2019-12-31 | ₩322.37 Billion ≈ $218.46 Million |
+4.73% |
| 2018-12-31 | ₩307.81 Billion ≈ $208.60 Million |
+2.93% |
| 2017-12-31 | ₩299.03 Billion ≈ $202.65 Million |
+8.17% |
| 2016-12-31 | ₩276.45 Billion ≈ $187.35 Million |
+1.94% |
| 2015-12-31 | ₩271.20 Billion ≈ $183.79 Million |
+12.41% |
| 2014-12-31 | ₩241.26 Billion ≈ $163.50 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NOROO Paint & Coatings Co Ltd'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 132.1% over the analyzed period, indicating profitable operations and earnings retention.
NOROO Paint & Coatings Co Ltd Net Assets Breakdown (December 2025)
NOROO Paint & Coatings Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩294.67 Billion | 70.84% |
| Other Components | ₩121.31 Billion | 29.16% |
| Total Equity | ₩415.98 Billion | 100.00% |
NOROO Paint & Coatings Co Ltd Competitors by Market Cap
The table below lists competitors of NOROO Paint & Coatings Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Movinn AS
CO:MOVINN
|
$3.72 Million |
|
ZEUS Resources Ltd
AU:ZEU
|
$3.72 Million |
|
Aberdeen New India Investment Trust PLC
LSE:ANII
|
$3.73 Million |
|
Bank Maybank Indonesia Tbk PT
JK:BNII
|
$3.73 Million |
|
Mega Sun City Holdings Bhd
KLSE:0081
|
$3.72 Million |
|
Reliance Global Group, Inc.
NASDAQ:EZRA
|
$3.71 Million |
|
Octopus Titan VCT
LSE:OTV2
|
$3.71 Million |
|
Genetic Technologies Ltd
NASDAQ:GENE
|
$3.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NOROO Paint & Coatings Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 406,837,318,790 to 415,977,242,650, a change of 9,139,923,860 (2.2%).
- Net income of 16,461,366,910 contributed positively to equity growth.
- Dividend payments of 7,163,261,520 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩16.46 Billion | +3.96% |
| Dividends Paid | ₩7.16 Billion | -1.72% |
| Other Changes | ₩-158.18 Million | -0.04% |
| Total Change | ₩- | 2.25% |
Book Value vs Market Value Analysis
This analysis compares NOROO Paint & Coatings Co Ltd'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: 0.57x
- 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 0.79x to 0.57x 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 | ₩14951.49 | ₩11840.00 | x |
| 2018-12-31 | ₩15390.29 | ₩11840.00 | x |
| 2019-12-31 | ₩16118.43 | ₩11840.00 | x |
| 2020-12-31 | ₩16693.11 | ₩11840.00 | x |
| 2021-12-31 | ₩16859.18 | ₩11840.00 | x |
| 2022-12-31 | ₩17633.67 | ₩11840.00 | x |
| 2023-12-31 | ₩18713.96 | ₩11840.00 | x |
| 2024-12-31 | ₩20341.87 | ₩11840.00 | x |
| 2025-12-31 | ₩20798.86 | ₩11840.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NOROO Paint & Coatings Co Ltd 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): 3.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.13%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.66x
- Recent ROE (3.96%) is below the historical average (6.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 6.37% | 3.35% | 0.84x | 2.26x | ₩-8.75 Billion |
| 2015 | 12.08% | 7.09% | 0.81x | 2.11x | ₩5.64 Billion |
| 2016 | 3.44% | 1.98% | 0.84x | 2.06x | ₩-18.15 Billion |
| 2017 | 9.85% | 5.34% | 0.93x | 1.98x | ₩-458.50 Million |
| 2018 | 4.14% | 2.07% | 1.01x | 1.97x | ₩-18.04 Billion |
| 2019 | 5.86% | 2.92% | 1.03x | 1.95x | ₩-13.34 Billion |
| 2020 | 5.39% | 2.80% | 0.96x | 2.00x | ₩-15.40 Billion |
| 2021 | 4.19% | 1.98% | 1.09x | 1.94x | ₩-20.05 Billion |
| 2022 | 3.27% | 1.53% | 1.13x | 1.89x | ₩-23.72 Billion |
| 2023 | 7.45% | 3.57% | 1.17x | 1.79x | ₩-9.56 Billion |
| 2024 | 8.64% | 4.43% | 1.19x | 1.64x | ₩-5.52 Billion |
| 2025 | 3.96% | 2.13% | 1.11x | 1.66x | ₩-25.14 Billion |
Industry Comparison
This section compares NOROO Paint & Coatings Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,274,656,998,498
- Average return on equity (ROE) among peers: 3.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NOROO Paint & Coatings Co Ltd (090355) | ₩436.49 Billion | 6.37% | 0.79x | $3.72 Million |
| DL Holdings CO. LTD. (000210) | $5.15 Trillion | 5.16% | 1.41x | $565.25 Million |
| DL Holdings Co Ltd Preferred (000215) | $4.92 Trillion | -1.79% | 1.48x | $22.38 Million |
| Norooholdings (000320) | $660.83 Billion | 3.78% | 0.77x | $96.82 Million |
| Noroo Holdings Co Ltd (000325) | $533.52 Billion | 2.04% | 0.82x | $4.49 Million |
| Samhwa Paint (000390) | $111.40 Billion | 6.40% | 1.03x | $107.63 Million |
| Kangnam Jevisco Co Ltd (000860) | $678.85 Billion | 0.91% | 0.41x | $107.48 Million |
| Paik Kwang Ind (001340) | $120.49 Billion | 1.97% | 1.33x | $126.11 Million |
| Bo Lak (002760) | $46.65 Billion | -3.24% | 0.27x | $39.94 Million |
| Songwon Industrial (004430) | $378.13 Billion | 9.36% | 1.29x | $170.78 Million |
| Cho Kwang Pain (004910) | $150.26 Billion | 11.15% | 0.61x | $20.43 Million |
About NOROO Paint & Coatings Co Ltd
NOROO Paint & Coatings Co., Ltd. engages in the development, manufacture, and sale of paints, synthetic resins, adhesives, pigments, inks, waterproof coating products, surface treatment coating products, and machinery for printing materials in South Korea and internationally. It provides floor, waterproof, heavy-duty, PCM, and industrial coating products, as well as architectural and automotive r… Read more