Foosung (093370) - Net Assets

Latest as of September 2025: ₩361.44 Billion KRW ≈ $244.94 Million USD

Based on the latest financial reports, Foosung (093370) has net assets worth ₩361.44 Billion KRW (≈ $244.94 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 (₩861.11 Billion ≈ $583.56 Million USD) and total liabilities (₩499.67 Billion ≈ $338.62 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 093370 financial resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore balance sheet size of Foosung for the complete picture of this company's asset base.

Annual Net Assets for Foosung (2006–2024)

The table below shows the annual net assets of Foosung from 2006 to 2024. For live valuation and market cap data, see Foosung market cap and net worth.

Year	Net Assets	Change
2024-12-31	₩332.75 Billion ≈ $225.50 Million	+0.39%
2023-12-31	₩331.47 Billion ≈ $224.63 Million	-20.18%
2022-12-31	₩415.30 Billion ≈ $281.44 Million	+46.51%
2021-12-31	₩283.46 Billion ≈ $192.10 Million	+17.53%
2020-12-31	₩241.18 Billion ≈ $163.45 Million	-0.72%
2019-12-31	₩242.94 Billion ≈ $164.64 Million	-1.04%
2018-12-31	₩245.50 Billion ≈ $166.37 Million	+17.51%
2017-12-31	₩208.91 Billion ≈ $141.58 Million	+27.87%
2016-12-31	₩163.38 Billion ≈ $110.72 Million	+66.72%
2015-12-31	₩97.99 Billion ≈ $66.41 Million	+59.67%
2014-12-31	₩61.37 Billion ≈ $41.59 Million	-53.50%
2013-12-31	₩131.99 Billion ≈ $89.45 Million	-17.72%
2012-12-31	₩160.41 Billion ≈ $108.71 Million	+20.50%
2011-12-31	₩133.12 Billion ≈ $90.21 Million	+14.78%
2010-12-31	₩115.98 Billion ≈ $78.60 Million	+8.51%
2009-12-31	₩106.89 Billion ≈ $72.44 Million	+34.63%
2008-12-31	₩79.39 Billion ≈ $53.80 Million	+57.47%
2007-12-31	₩50.42 Billion ≈ $34.17 Million	+16.20%
2006-12-31	₩43.39 Billion ≈ $29.40 Million	--

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
Amerant Bancorp Inc. NYSE:AMTB	$962.39 Million
Shenzhen Tagen Group Co Ltd SHE:000090	$962.46 Million
Permian Basin Royalty Trust NYSE:PBT	$962.47 Million
GH Research PLC NASDAQ:GHRS	$962.70 Million
Jiangmen iDear-Hanyu Electrical Joint-Stock Co Ltd SHE:300403	$961.79 Million
Shanghai Baosteel Packaging SHG:601968	$961.44 Million
Nordic American Tankers Limited NYSE:NAT	$961.35 Million
Jiangsu Fasten Co Ltd SHE:000890	$961.31 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: 4.35x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 6.93x to 4.35x 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	₩13240.00	x
2018-12-31	₩2245.80	₩13240.00	x
2019-12-31	₩2294.58	₩13240.00	x
2020-12-31	₩2350.47	₩13240.00	x
2021-12-31	₩2678.81	₩13240.00	x
2022-12-31	₩3763.95	₩13240.00	x
2023-12-31	₩3233.46	₩13240.00	x
2024-12-31	₩3044.48	₩13240.00	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: $1,249,276,842,952
Average return on equity (ROE) among peers: 3.65%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Foosung (093370)	₩361.44 Billion	2.22%	1.38x	$962.35 Million
Rifa Ind (000760)	$184.79 Billion	-1.16%	0.52x	$29.96 Million
Kumyang (001570)	$21.43 Billion	0.12%	1.54x	$428.33 Million
Sh E & Chemical Co. Ltd. (002360)	$64.16 Billion	3.67%	0.88x	$26.35 Million
KCC Corporation (002380)	$5.38 Trillion	-0.85%	1.40x	$2.77 Billion
Miwon Commerci (002840)	$400.46 Billion	12.62%	0.20x	$473.99 Million
Taekwang Ind (003240)	$3.48 Trillion	3.91%	0.25x	$570.36 Million
Lotte Fine Chemical Co Ltd (004000)	$1.19 Trillion	7.48%	0.38x	$1.20 Billion
Dongjin Semichem Co. Ltd (005290)	$553.45 Billion	18.66%	1.14x	$1.97 Billion
Isu Chemical Co Ltd (005950)	$373.77 Billion	-15.59%	1.93x	$193.47 Million
Korea Petro Chemical Ind (006650)	$842.12 Billion	7.61%	0.71x	$757.99 Million

About Foosung

KO:093370 Korea Chemicals

Market Cap

$962.35 Million

₩1.42 Trillion KRW

Market Cap Rank

#9275 Global

#268 in Korea

Share Price

₩13240.00

Change (1 day)

-5.50%

52-Week Range

₩3915.00 - ₩14100.00

All Time High

₩26615.09