Kolon Plastics
Kolon ENP produces and sells engineering plastic products in South Korea and internationally. The company's products include KOCETAL-POM, a polyacetal resin of a copolymer type; KOPA-PA6, a plastic material based on polyamide-6; KOPA-PA66, a thermoplastic resin; SPESIN-PBT, a thermal plastic resin; KOPEL-TPC-ET, a thermoplastic polyester elastomer; KOPPS polyphenylene sulfide resins; and KompoGTe… Read more
Kolon Plastics (138490) - Net Assets
Latest net assets as of September 2025: ₩353.29 Billion KRW
Based on the latest financial reports, Kolon Plastics (138490) has net assets worth ₩353.29 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 (₩433.54 Billion) and total liabilities (₩80.25 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 | ₩353.29 Billion |
| % of Total Assets | 81.49% |
| Annual Growth Rate | 10.58% |
| 5-Year Change | 63.52% |
| 10-Year Change | 232.43% |
| Growth Volatility | 20.35 |
Kolon Plastics - Net Assets Trend (2011–2024)
This chart illustrates how Kolon Plastics's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kolon Plastics (2011–2024)
The table below shows the annual net assets of Kolon Plastics from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩324.17 Billion | +15.06% |
| 2023-12-31 | ₩281.75 Billion | +10.17% |
| 2022-12-31 | ₩255.73 Billion | +15.95% |
| 2021-12-31 | ₩220.55 Billion | +11.25% |
| 2020-12-31 | ₩198.25 Billion | +0.31% |
| 2019-12-31 | ₩197.63 Billion | +0.14% |
| 2018-12-31 | ₩197.35 Billion | +1.45% |
| 2017-12-31 | ₩194.53 Billion | +11.27% |
| 2016-12-31 | ₩174.83 Billion | +79.28% |
| 2015-12-31 | ₩97.52 Billion | +7.70% |
| 2014-12-31 | ₩90.55 Billion | +2.28% |
| 2013-12-31 | ₩88.53 Billion | -5.21% |
| 2012-12-31 | ₩93.39 Billion | +6.51% |
| 2011-12-31 | ₩87.69 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kolon Plastics'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 19284391445000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩192.84 Billion | 59.51% |
| Other Components | ₩131.19 Billion | 40.49% |
| Total Equity | ₩324.04 Billion | 100.00% |
Kolon Plastics Competitors by Market Cap
The table below lists competitors of Kolon Plastics ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Samyang Cor
KO:145990
|
$112.94 Million |
|
Fossil Group Inc
NASDAQ:FOSL
|
$112.95 Million |
|
Jinmao Property Services Co. Limited
PINK:JPPSF
|
$113.01 Million |
|
EQL PHARMA AB
F:7JK
|
$113.05 Million |
|
OE Solutions Co. Ltd
KQ:138080
|
$112.93 Million |
|
RAINBOW RARE EARTHS LTD
F:RR1
|
$112.91 Million |
|
Codexis Inc
NASDAQ:CDXS
|
$112.91 Million |
|
Navneet Education Limited
NSE:NAVNETEDUL
|
$112.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kolon Plastics's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 281,654,953,300 to 324,038,362,710, a change of 42,383,409,410 (15.0%).
- Net income of 39,473,006,940 contributed positively to equity growth.
- Dividend payments of 6,080,000,000 reduced retained earnings.
- Other factors increased equity by 8,990,402,470.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩39.47 Billion | +12.18% |
| Dividends Paid | ₩6.08 Billion | -1.88% |
| Other Changes | ₩8.99 Billion | +2.77% |
| Total Change | ₩- | 15.05% |
Book Value vs Market Value Analysis
This analysis compares Kolon Plastics'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: 1.54x
- 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 2.56x to 1.54x 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 | ₩5114.46 | ₩13110.00 | x |
| 2018-12-31 | ₩5189.32 | ₩13110.00 | x |
| 2019-12-31 | ₩5199.88 | ₩13110.00 | x |
| 2020-12-31 | ₩5216.73 | ₩13110.00 | x |
| 2021-12-31 | ₩5802.83 | ₩13110.00 | x |
| 2022-12-31 | ₩6728.04 | ₩13110.00 | x |
| 2023-12-31 | ₩7411.97 | ₩13110.00 | x |
| 2024-12-31 | ₩8527.33 | ₩13110.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kolon Plastics 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): 12.18%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.12%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 1.27x
- Recent ROE (12.18%) is above the historical average (7.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 13.17% | 5.52% | 1.06x | 2.24x | ₩2.78 Billion |
| 2012 | 8.32% | 3.37% | 1.10x | 2.23x | ₩-1.57 Billion |
| 2013 | -3.55% | -1.41% | 1.02x | 2.48x | ₩-11.99 Billion |
| 2014 | 1.98% | 0.73% | 1.14x | 2.37x | ₩-7.25 Billion |
| 2015 | 9.19% | 3.57% | 1.20x | 2.14x | ₩-792.67 Million |
| 2016 | 10.10% | 7.40% | 0.77x | 1.77x | ₩175.27 Million |
| 2017 | 9.00% | 6.67% | 0.74x | 1.82x | ₩-1.94 Billion |
| 2018 | 6.23% | 3.83% | 0.94x | 1.73x | ₩-7.42 Billion |
| 2019 | 2.75% | 1.65% | 0.98x | 1.71x | ₩-14.33 Billion |
| 2020 | 1.51% | 1.01% | 0.93x | 1.60x | ₩-16.83 Billion |
| 2021 | 9.86% | 5.36% | 1.10x | 1.67x | ₩-317.96 Million |
| 2022 | 13.95% | 6.88% | 1.34x | 1.51x | ₩10.10 Billion |
| 2023 | 11.65% | 7.19% | 1.26x | 1.29x | ₩4.64 Billion |
| 2024 | 12.18% | 8.12% | 1.18x | 1.27x | ₩7.07 Billion |
Industry Comparison
This section compares Kolon Plastics'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 |
|---|---|---|---|---|
| Kolon Plastics (138490) | ₩353.29 Billion | 13.17% | 0.23x | $112.94 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 |