Joosung Corperation (109070) - Net Assets
Based on the latest financial reports, Joosung Corperation (109070) has net assets worth ₩30.21 Billion KRW (≈ $20.48 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩42.52 Billion ≈ $28.81 Million USD) and total liabilities (₩12.30 Billion ≈ $8.34 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 109070 current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩30.21 Billion |
| % of Total Assets | 71.06% |
| Annual Growth Rate | 0.84% |
| 5-Year Change | 201.15% |
| 10-Year Change | 27.93% |
| Growth Volatility | 113.13 |
Joosung Corperation - Net Assets Trend (2011–2025)
This chart illustrates how Joosung Corperation's net assets have evolved over time, based on quarterly financial data. Check 109070 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Joosung Corperation (2011–2025)
The table below shows the annual net assets of Joosung Corperation from 2011 to 2025. For live valuation and market cap data, see 109070 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩28.94 Billion ≈ $19.61 Million |
+7.80% |
| 2024-12-31 | ₩26.85 Billion ≈ $18.19 Million |
+20.59% |
| 2023-12-31 | ₩22.26 Billion ≈ $15.09 Million |
+50.49% |
| 2022-12-31 | ₩14.79 Billion ≈ $10.03 Million |
+53.94% |
| 2021-12-31 | ₩9.61 Billion ≈ $6.51 Million |
+33.92% |
| 2020-12-31 | ₩7.18 Billion ≈ $4.86 Million |
+324.56% |
| 2019-12-31 | ₩-3.20 Billion ≈ $-2.17 Million |
-348.60% |
| 2018-12-31 | ₩1.29 Billion ≈ $871.07K |
-87.91% |
| 2017-12-31 | ₩10.64 Billion ≈ $7.21 Million |
-52.99% |
| 2016-12-31 | ₩22.62 Billion ≈ $15.33 Million |
+86.28% |
| 2015-12-31 | ₩12.14 Billion ≈ $8.23 Million |
-16.20% |
| 2012-12-31 | ₩14.49 Billion ≈ $9.82 Million |
-43.70% |
| 2011-12-31 | ₩25.74 Billion ≈ $17.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Joosung Corperation'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 decreased by 10663469148600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩142.88 Billion | 493.71% |
| Total Equity | ₩28.94 Billion | 100.00% |
Joosung Corperation Competitors by Market Cap
The table below lists competitors of Joosung Corperation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Broendbyernes IF Fodbold AS
CO:BIF
|
$54.08 Million |
|
Hankook Furniture Co. Ltd
KQ:004590
|
$54.08 Million |
|
Electrocore LLC
NASDAQ:ECOR
|
$54.09 Million |
|
Crown Confec
KO:005740
|
$54.10 Million |
|
TMP Steel
TWO:6248
|
$54.06 Million |
|
Bewhere Holdings Inc
V:BEW
|
$54.05 Million |
|
GP Global Power Ltd
TA:GPGB
|
$54.05 Million |
|
Abrdn PLC
LSE:ABDN
|
$54.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Joosung Corperation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 26,846,585,480 to 28,939,306,490, a change of 2,092,721,010 (7.8%).
- Net income of 2,039,513,740 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.04 Billion | +7.05% |
| Other Changes | ₩53.21 Million | +0.18% |
| Total Change | ₩- | 7.80% |
Book Value vs Market Value Analysis
This analysis compares Joosung Corperation'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: 2.76x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.22x to 2.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩6720.95 | ₩1511.00 | x |
| 2018-12-31 | ₩535.18 | ₩1511.00 | x |
| 2019-12-31 | ₩-1038.21 | ₩1511.00 | x |
| 2020-12-31 | ₩538.88 | ₩1511.00 | x |
| 2021-12-31 | ₩312.39 | ₩1511.00 | x |
| 2022-12-31 | ₩402.00 | ₩1511.00 | x |
| 2023-12-31 | ₩421.64 | ₩1511.00 | x |
| 2024-12-31 | ₩508.47 | ₩1511.00 | x |
| 2025-12-31 | ₩548.10 | ₩1511.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Joosung Corperation 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): 7.05%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.39%
- • Asset Turnover: 2.03x
- • Equity Multiplier: 1.45x
- Recent ROE (7.05%) is above the historical average (-222.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -59.51% | -12.81% | 0.82x | 5.69x | ₩-17.89 Billion |
| 2012 | -72.94% | -11.61% | 0.86x | 7.30x | ₩-12.02 Billion |
| 2015 | -46.47% | -11.75% | 0.70x | 5.62x | ₩-6.86 Billion |
| 2016 | -126.07% | -35.53% | 0.58x | 6.07x | ₩-17.63 Billion |
| 2017 | -203.07% | -13.53% | 1.40x | 10.70x | ₩-12.87 Billion |
| 2018 | -2224.21% | -16.05% | 1.32x | 104.91x | ₩-14.37 Billion |
| 2019 | 0.00% | -34.85% | 1.67x | 0.00x | ₩-15.64 Billion |
| 2020 | -94.22% | -32.59% | 0.64x | 4.49x | ₩-7.38 Billion |
| 2021 | -16.99% | -3.99% | 1.24x | 3.44x | ₩-2.59 Billion |
| 2022 | -66.94% | -43.12% | 0.70x | 2.23x | ₩-11.38 Billion |
| 2023 | -6.18% | -5.75% | 0.70x | 1.53x | ₩-3.60 Billion |
| 2024 | 17.14% | 6.69% | 1.88x | 1.36x | ₩1.92 Billion |
| 2025 | 7.05% | 2.39% | 2.03x | 1.45x | ₩-854.42 Million |
Industry Comparison
This section compares Joosung Corperation's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $124,080,562,319
- Average return on equity (ROE) among peers: 5.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Joosung Corperation (109070) | ₩30.21 Billion | -59.51% | 0.41x | $54.07 Million |
| Gaon Cable (000500) | $260.41 Billion | 0.04% | 1.02x | $2.77 Billion |
| Huneed Tech (005870) | $78.72 Billion | 1.48% | 1.08x | $39.43 Million |
| Taihan Fiber Optics Co. Ltd (010170) | $105.53 Billion | -2.92% | 1.39x | $1.02 Billion |
| Humax Holdings Co. Ltd (028080) | $247.31 Billion | -9.94% | 2.41x | $8.39 Million |
| Comtec Sys (031820) | $206.97 Billion | 1.91% | 1.54x | $401.56 Million |
| KMW Inc. (032500) | $63.36 Billion | 41.62% | 1.51x | $433.51 Million |
| Insung Information Co. Ltd (033230) | $50.29 Billion | 14.07% | 1.94x | $34.09 Million |
| Bluecom Co. Ltd (033560) | $159.95 Billion | 0.04% | 0.13x | $39.33 Million |
| Skymoons Technology Inc. (033790) | $21.54 Billion | -9.02% | 0.11x | $267.41 Million |
| Kisan Telecom Co. Ltd (035460) | $46.73 Billion | 15.01% | 1.42x | $20.30 Million |
About Joosung Corperation
Joosung Corperation manufactures and sells paper in South Korea. The company offers industrial paper, including kraft paper that is used for paper grocery bags, multiwall sacks, envelopes, and other packaging; food paper, which is used for cup base paper and cups of vending machine; base paper for silky wall paper used in indoor decoration and building materials; and fire-retardant wall paper. It… Read more