Miwon Holdings Co. Ltd

KO:107590 Korea Specialty Chemicals
Market Cap
$103.74 Million
₩151.89 Billion KRW
Market Cap Rank
#24871 Global
#1484 in Korea
Share Price
₩65600.00
Change (1 day)
-0.15%
52-Week Range
₩65600.00 - ₩78900.00
All Time High
₩156075.08
About

Miwon Holdings Co., Ltd., an investment holding company, engages in rental and merchandise wholesale and retail, hardened resin, and surfactant businesses in South Korea and internationally. The company provides chemical products for UV/EB curing, such as acrylate and methacrylate monomers, oligomers, benzoins, and epoxy diluents; photosensitizers, UV stabilizers, and antioxidants; sulfur derivat… Read more

Miwon Holdings Co. Ltd (107590) - Net Assets

Latest net assets as of September 2025: ₩323.68 Billion KRW

Based on the latest financial reports, Miwon Holdings Co. Ltd (107590) has net assets worth ₩323.68 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 (₩533.73 Billion) and total liabilities (₩210.05 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 ₩323.68 Billion
% of Total Assets 60.64%
Annual Growth Rate 9.63%
5-Year Change 50.09%
10-Year Change 54.65%
Growth Volatility 20.37

Miwon Holdings Co. Ltd - Net Assets Trend (2011–2024)

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

Annual Net Assets for Miwon Holdings Co. Ltd (2011–2024)

The table below shows the annual net assets of Miwon Holdings Co. Ltd from 2011 to 2024.

Year Net Assets Change
2024-12-31 ₩297.59 Billion +10.25%
2023-12-31 ₩269.93 Billion +5.32%
2022-12-31 ₩256.30 Billion +8.71%
2021-12-31 ₩235.76 Billion +18.91%
2020-12-31 ₩198.27 Billion +0.33%
2019-12-31 ₩197.61 Billion +49.63%
2018-12-31 ₩132.07 Billion +7.93%
2017-12-31 ₩122.37 Billion -43.49%
2016-12-31 ₩216.54 Billion +12.53%
2015-12-31 ₩192.42 Billion +11.57%
2014-12-31 ₩172.47 Billion +13.95%
2013-12-31 ₩151.35 Billion +27.19%
2012-12-31 ₩118.99 Billion +32.15%
2011-12-31 ₩90.04 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Miwon Holdings 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 19190855072000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩191.91 Billion 73.73%
Other Components ₩68.38 Billion 26.27%
Total Equity ₩260.29 Billion 100.00%

Miwon Holdings Co. Ltd Competitors by Market Cap

The table below lists competitors of Miwon Holdings Co. Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 233,357,252,680 to 260,292,729,600, a change of 26,935,476,920 (11.5%).
  • Net income of 25,251,452,630 contributed positively to equity growth.
  • Dividend payments of 3,457,658,500 reduced retained earnings.
  • Share repurchases of 766,616,570 reduced equity.
  • Other factors increased equity by 5,908,299,360.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩25.25 Billion +9.7%
Dividends Paid ₩3.46 Billion -1.33%
Share Repurchases ₩766.62 Million -0.29%
Other Changes ₩5.91 Billion +2.27%
Total Change ₩- 11.54%

Book Value vs Market Value Analysis

This analysis compares Miwon Holdings 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: 0.58x
  • 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 1.22x to 0.58x 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 ₩53644.68 ₩65600.00 x
2018-12-31 ₩56573.46 ₩65600.00 x
2019-12-31 ₩62937.41 ₩65600.00 x
2020-12-31 ₩70127.81 ₩65600.00 x
2021-12-31 ₩87326.95 ₩65600.00 x
2022-12-31 ₩95465.68 ₩65600.00 x
2023-12-31 ₩100782.68 ₩65600.00 x
2024-12-31 ₩112415.61 ₩65600.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Miwon Holdings 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): 9.70%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.30%
  • • Asset Turnover: 0.96x
  • • Equity Multiplier: 1.90x
  • Recent ROE (9.70%) is below the historical average (12.28%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 20.50% 11.78% 1.44x 1.21x ₩15.89 Billion
2014 15.16% 9.54% 1.35x 1.18x ₩8.89 Billion
2015 15.92% 11.33% 1.21x 1.17x ₩11.39 Billion
2016 15.93% 11.98% 1.13x 1.18x ₩12.83 Billion
2017 10.39% 10.81% 0.72x 1.34x ₩482.28 Million
2018 7.34% 6.82% 0.64x 1.68x ₩-3.50 Billion
2019 10.47% 8.16% 0.60x 2.15x ₩692.09 Million
2020 10.79% 6.08% 0.87x 2.04x ₩1.29 Billion
2021 16.39% 7.86% 0.99x 2.11x ₩12.92 Billion
2022 9.13% 4.04% 1.03x 2.20x ₩-1.92 Billion
2023 5.66% 2.98% 0.95x 2.00x ₩-10.12 Billion
2024 9.70% 5.30% 0.96x 1.90x ₩-777.82 Million

Industry Comparison

This section compares Miwon Holdings Co. Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $729,340,395,312
  • Average return on equity (ROE) among peers: 5.29%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Miwon Holdings Co. Ltd (107590) ₩323.68 Billion 20.50% 0.65x $22.95 Million
DL Holdings CO. LTD. (000210) $4.53 Trillion 19.10% 0.84x $381.57 Million
Norooholdings (000320) $402.45 Billion 6.30% 1.12x $45.80 Million
Noroo Holdings Co Ltd (000325) $583.54 Billion 0.27% 0.81x $60.77 Million
Samhwa Paint (000390) $299.72 Billion 1.87% 0.96x $86.24 Million
Kangnam Jevisco Co Ltd (000860) $366.15 Billion 10.97% 0.26x $58.42 Million
Paik Kwang Ind (001340) $204.57 Billion 3.85% 1.06x $113.44 Million
Bo Lak (002760) $43.76 Billion 2.53% 0.22x $30.02 Million
Songwon Industrial (004430) $543.25 Billion 13.30% 1.05x $79.87 Million
Cho Kwang Pain (004910) $172.73 Billion -1.34% 0.81x $17.90 Million
Cosmoam&T (005070) $147.00 Billion -3.99% 0.78x $305.37 Million