Poongsan Net Assets

Latest as of September 2025: ₩2.26 Trillion KRW ≈ $1.53 Billion USD

Poongsan net assets. Based on the latest financial reports, Poongsan (103140) has net assets worth ₩2.26 Trillion KRW (≈ $1.53 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩4.24 Trillion ≈ $2.88 Billion USD) and total liabilities (₩1.99 Trillion ≈ $1.35 Billion 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 net asset growth rate of Poongsan to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric Value
Current Net Assets ₩2.26 Trillion
% of Total Assets 53.19%
Annual Growth Rate 7.44%
5-Year Change 52.05%
10-Year Change 101.22%
Growth Volatility 6.13

Net Assets of Poongsan (2008–2024)

Net assets of Poongsan from 2008 to 2024. This chart illustrates how Poongsan's net assets have evolved over time, based on quarterly financial data. See 103140 equity financing ratio to measure how much of total assets are equity-financed.

Annual Net Assets for Poongsan (2008–2024)

The table below shows the annual net assets of Poongsan from 2008 to 2024. For live market cap and overall valuation, see Poongsan (103140) market capitalisation.

Year Net Assets Change
2024-12-31 ₩2.20 Trillion
≈ $1.49 Billion
+11.87%
2023-12-31 ₩1.97 Trillion
≈ $1.33 Billion
+6.72%
2022-12-31 ₩1.84 Trillion
≈ $1.25 Billion
+9.29%
2021-12-31 ₩1.69 Trillion
≈ $1.14 Billion
+16.54%
2020-12-31 ₩1.45 Trillion
≈ $980.21 Million
+4.52%
2019-12-31 ₩1.38 Trillion
≈ $937.79 Million
+0.33%
2018-12-31 ₩1.38 Trillion
≈ $934.75 Million
+5.36%
2017-12-31 ₩1.31 Trillion
≈ $887.18 Million
+6.02%
2016-12-31 ₩1.23 Trillion
≈ $836.84 Million
+12.98%
2015-12-31 ₩1.09 Trillion
≈ $740.71 Million
+4.26%
2014-12-31 ₩1.05 Trillion
≈ $710.47 Million
+5.64%
2013-12-31 ₩992.39 Billion
≈ $672.53 Million
+2.59%
2012-12-31 ₩967.38 Billion
≈ $655.58 Million
+2.57%
2011-12-31 ₩943.17 Billion
≈ $639.18 Million
-2.62%
2010-12-31 ₩968.58 Billion
≈ $656.39 Million
+14.93%
2009-12-31 ₩842.73 Billion
≈ $571.10 Million
+20.87%
2008-12-31 ₩697.24 Billion
≈ $472.51 Million
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Equity Component Analysis

This analysis shows how different components contribute to Poongsan'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 2087876.8% over the analyzed period, indicating profitable operations and earnings retention.

Poongsan Net Assets Breakdown (December 2024)

Poongsan net assets breakdown by equity component as of December 2024.

Component Amount Percentage
Retained Earnings ₩1.49 Trillion 67.78%
Other Components ₩708.63 Billion 32.22%
Total Equity ₩2.20 Trillion 100.00%

Poongsan Competitors by Market Cap

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

Company Market Cap
Total Gabon
F:RZW
$1.06 Billion
Nanfang Pump Industry
SHE:300145
$1.06 Billion
Guangdong Xianglu Tungsten Co Ltd
SHE:002842
$1.07 Billion
Strides Pharma Science Limited
NSE:STAR
$1.07 Billion
Hunan Kaimeite Gases Co Ltd
SHE:002549
$1.06 Billion
Tekla Healthcare Investors
NYSE:HQH
$1.06 Billion
Da An Gene Co Ltd of Sun Yat-Sen University
SHE:002030
$1.06 Billion
Jingjin Environmental Protection Co Ltd
SHG:603279
$1.06 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,965,954,520,490 to 2,199,301,948,900, a change of 233,347,428,410 (11.9%).
  • Net income of 236,045,982,790 contributed positively to equity growth.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩236.05 Billion +10.73%
Other Changes ₩-2.70 Billion -0.12%
Total Change ₩- 11.87%

Book Value vs Market Value Analysis

This analysis compares Poongsan'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: 0.71x
  • 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 1.23x to 0.71x 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 ₩46659.63 ₩57500.00 x
2018-12-31 ₩49164.48 ₩57500.00 x
2019-12-31 ₩49326.91 ₩57500.00 x
2020-12-31 ₩51560.82 ₩57500.00 x
2021-12-31 ₩60099.21 ₩57500.00 x
2022-12-31 ₩67365.35 ₩57500.00 x
2023-12-31 ₩71975.34 ₩57500.00 x
2024-12-31 ₩80518.40 ₩57500.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Poongsan 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): 10.73%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.18%
  • • Asset Turnover: 1.11x
  • • Equity Multiplier: 1.86x
  • Recent ROE (10.73%) is above the historical average (8.62%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 17.79% 6.98% 0.98x 2.59x ₩65.48 Billion
2010 15.44% 5.51% 1.11x 2.53x ₩52.57 Billion
2011 4.32% 1.41% 1.10x 2.79x ₩-53.40 Billion
2012 6.38% 2.12% 1.10x 2.73x ₩-34.89 Billion
2013 6.10% 2.00% 1.13x 2.71x ₩-38.64 Billion
2014 7.03% 2.45% 1.05x 2.73x ₩-31.04 Billion
2015 4.73% 1.83% 1.08x 2.39x ₩-57.52 Billion
2016 11.16% 4.86% 1.04x 2.20x ₩14.31 Billion
2017 11.52% 5.11% 1.08x 2.09x ₩19.85 Billion
2018 4.50% 2.23% 1.04x 1.94x ₩-75.73 Billion
2019 1.28% 0.72% 0.96x 1.85x ₩-120.56 Billion
2020 4.98% 2.77% 1.02x 1.77x ₩-72.54 Billion
2021 14.45% 6.93% 1.11x 1.87x ₩74.97 Billion
2022 9.52% 4.01% 1.29x 1.85x ₩-8.86 Billion
2023 7.96% 3.79% 1.13x 1.86x ₩-40.16 Billion
2024 10.73% 5.18% 1.11x 1.86x ₩16.12 Billion

Industry Comparison

This section compares Poongsan's net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

  • Industry: Metal Fabrication
  • Average net assets among peers: $166,870,651,579
  • Average return on equity (ROE) among peers: -2.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Poongsan (103140) ₩2.26 Trillion 17.79% 0.88x $1.06 Billion
Namsun Alumini (008350) $43.12 Billion 16.45% 3.88x $94.30 Million
Namsun Aluminium Co Ltd (008355) $122.57 Billion 16.64% 1.31x $1.49 Million
Dae Chang (012800) $149.10 Billion -30.00% 2.62x $52.19 Million
Sung Kwang Bend Co.Ltd (014620) $518.75 Billion 7.91% 0.09x $474.24 Million
Daedong Metals Co. Ltd (020400) $43.74 Billion 5.87% 1.42x $8.43 Million
Seowon (021050) $98.90 Billion -11.76% 1.91x $30.66 Million
Lee Ku Ind (025820) $96.95 Billion -11.33% 1.58x $82.15 Million
Essen Tech Co. Ltd (043340) $27.29 Billion -1.37% 1.26x $19.02 Million
Taewoong Co.Ltd (044490) $467.02 Billion -20.05% 0.71x $304.39 Million
Nara Mold & Die Co. Ltd (051490) $101.28 Billion 3.55% 1.53x $20.90 Million

About Poongsan

KO:103140 Korea Metal Fabrication
Market Cap
$1.06 Billion
₩1.57 Trillion KRW
Market Cap Rank
#8291 Global
#209 in Korea
Share Price
₩57500.00
Change (1 day)
-1.54%
52-Week Range
₩57200.00 - ₩131200.00
All Time High
₩165000.00
About

Poongsan Corporation develops, manufactures, markets, exports, and sells fabricated non-ferrous metal, commercial ammunition, and defense products in South Korea and internationally. It offers copper and copper alloy sheets, strips, rods, bars, and wires, as well as alloy tubes, and coin blanks; leadframe materials; stainless steel strips; and tin-plated strips and precision forgings. The company… Read more