Foosung

KO:093370 Korea Chemicals
Market Cap
$525.21 Million
₩769.02 Billion KRW
Market Cap Rank
#13148 Global
#340 in Korea
Share Price
₩7170.00
Change (1 day)
+4.98%
52-Week Range
₩3830.00 - ₩9990.00
All Time High
₩26615.09
Categories
Companies in Korea Chemicals
About

Foosung Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of chemical products for automotive, iron and steel, semiconductor, construction, and environmental industries in South Korea. The company offers specialty gases, such as hexafluorobutadiene, tungsten hexafluoride, difluoromethane, and trifluoromethane; secondary battery materials, including lithium hexafluorop… Read more

Foosung (093370) - Net Assets

Latest net assets as of September 2025: ₩361.44 Billion KRW

Based on the latest financial reports, Foosung (093370) has net assets worth ₩361.44 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 (₩861.11 Billion) and total liabilities (₩499.67 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 ₩361.44 Billion
% of Total Assets 41.97%
Annual Growth Rate 11.98%
5-Year Change 37.96%
10-Year Change 239.56%
Growth Volatility 29.62

Foosung - Net Assets Trend (2006–2024)

This chart illustrates how Foosung's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Foosung (2006–2024)

The table below shows the annual net assets of Foosung from 2006 to 2024.

Year Net Assets Change
2024-12-31 ₩332.75 Billion +0.39%
2023-12-31 ₩331.47 Billion -20.18%
2022-12-31 ₩415.30 Billion +46.51%
2021-12-31 ₩283.46 Billion +17.53%
2020-12-31 ₩241.18 Billion -0.72%
2019-12-31 ₩242.94 Billion -1.04%
2018-12-31 ₩245.50 Billion +17.51%
2017-12-31 ₩208.91 Billion +27.87%
2016-12-31 ₩163.38 Billion +66.72%
2015-12-31 ₩97.99 Billion +59.67%
2014-12-31 ₩61.37 Billion -53.50%
2013-12-31 ₩131.99 Billion -17.72%
2012-12-31 ₩160.41 Billion +20.50%
2011-12-31 ₩133.12 Billion +14.78%
2010-12-31 ₩115.98 Billion +8.51%
2009-12-31 ₩106.89 Billion +34.63%
2008-12-31 ₩79.39 Billion +57.47%
2007-12-31 ₩50.42 Billion +16.20%
2006-12-31 ₩43.39 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Foosung'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 11427179008000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩114.27 Billion 35.00%
Other Components ₩212.26 Billion 65.00%
Total Equity ₩326.54 Billion 100.00%

Foosung Competitors by Market Cap

The table below lists competitors of Foosung ranked by their market capitalization.

Company Market Cap
Nova Minerals Limited
NASDAQ:NVA
 		$283.41 Million
Great Taipei Gas Corp
TW:9908
 		$283.48 Million
Atlanticus Holdings Corporation
NASDAQ:ATLC
 		$283.52 Million
Jiangsu Flag Chemical Industry Co Ltd
SHE:300575
 		$283.54 Million
NUEV.EXP.TEX.INH.EO-016
F:B02
 		$283.32 Million
Foresee Pharmaceuticals Co Ltd
TWO:6576
 		$283.30 Million
Jiangsu Boiln Plastics Co. Ltd.
SHE:301003
 		$283.29 Million
TaiMed Biologics
TWO:4147
 		$283.20 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Foosung's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 312,505,770,470 to 326,536,149,540, a change of 14,030,379,070 (4.5%).
  • Net loss of 69,357,619,380 reduced equity.
  • New share issuances of 82,580,646,400 increased equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩-69.36 Billion -21.24%
Share Issuances ₩82.58 Billion +25.29%
Other Changes ₩807.35 Million +0.25%
Total Change ₩- 4.49%

Book Value vs Market Value Analysis

This analysis compares Foosung'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: 2.36x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 3.75x to 2.36x 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 ₩1911.66 ₩7170.00 x
2018-12-31 ₩2245.80 ₩7170.00 x
2019-12-31 ₩2294.58 ₩7170.00 x
2020-12-31 ₩2350.47 ₩7170.00 x
2021-12-31 ₩2678.81 ₩7170.00 x
2022-12-31 ₩3763.95 ₩7170.00 x
2023-12-31 ₩3233.46 ₩7170.00 x
2024-12-31 ₩3044.48 ₩7170.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Foosung 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): -21.24%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -15.84%
  • • Asset Turnover: 0.53x
  • • Equity Multiplier: 2.53x
  • Recent ROE (-21.24%) is below the historical average (0.54%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 2.22% 1.21% 0.67x 2.73x ₩-2.88 Billion
2007 18.56% 5.98% 0.83x 3.72x ₩3.96 Billion
2008 19.31% 10.54% 0.76x 2.42x ₩7.00 Billion
2009 7.00% 4.94% 0.71x 1.99x ₩-3.10 Billion
2010 4.88% 2.98% 0.75x 2.19x ₩-5.74 Billion
2011 14.92% 8.16% 0.79x 2.32x ₩6.52 Billion
2012 11.65% 7.73% 0.69x 2.18x ₩2.44 Billion
2013 -24.80% -14.59% 0.70x 2.42x ₩-41.66 Billion
2014 -137.75% -36.45% 0.81x 4.69x ₩-73.12 Billion
2015 16.19% 8.65% 0.62x 3.04x ₩5.33 Billion
2016 42.95% 33.85% 0.61x 2.08x ₩49.88 Billion
2017 16.72% 11.85% 0.79x 1.79x ₩11.85 Billion
2018 14.82% 11.21% 0.62x 2.12x ₩10.03 Billion
2019 3.81% 3.25% 0.47x 2.49x ₩-13.15 Billion
2020 2.75% 2.29% 0.49x 2.46x ₩-15.77 Billion
2021 9.10% 5.92% 0.62x 2.48x ₩-2.24 Billion
2022 26.50% 15.89% 0.65x 2.55x ₩60.42 Billion
2023 -17.25% -10.31% 0.61x 2.73x ₩-85.17 Billion
2024 -21.24% -15.84% 0.53x 2.53x ₩-102.01 Billion

Industry Comparison

This section compares Foosung'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
Foosung (093370) ₩361.44 Billion 2.22% 1.38x $283.38 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