Miwon Specialty Chemical Co Ltd Net Assets
Miwon Specialty Chemical Co Ltd net assets. Based on the latest financial reports, Miwon Specialty Chemical Co Ltd (268280) has net assets worth ₩433.98 Billion KRW (≈ $294.10 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 (₩540.72 Billion ≈ $366.44 Million USD) and total liabilities (₩106.74 Billion ≈ $72.33 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 268280 net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩433.98 Billion |
| % of Total Assets | 80.26% |
| Annual Growth Rate | 11.87% |
| 5-Year Change | 55.63% |
| 10-Year Change | N/A |
| Growth Volatility | 8.29 |
Net Assets of Miwon Specialty Chemical Co Ltd (2017–2024)
Net assets of Miwon Specialty Chemical Co Ltd from 2017 to 2024. This chart illustrates how Miwon Specialty Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. See Miwon Specialty Chemical Co Ltd (268280) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Miwon Specialty Chemical Co Ltd (2017–2024)
The table below shows the annual net assets of Miwon Specialty Chemical Co Ltd from 2017 to 2024. For live market cap and overall valuation, see 268280 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩406.34 Billion ≈ $275.37 Million |
+8.92% |
| 2023-12-31 | ₩373.06 Billion ≈ $252.81 Million |
-1.53% |
| 2022-12-31 | ₩378.86 Billion ≈ $256.75 Million |
+16.03% |
| 2021-12-31 | ₩326.52 Billion ≈ $221.28 Million |
+25.06% |
| 2020-12-31 | ₩261.09 Billion ≈ $176.94 Million |
+4.72% |
| 2019-12-31 | ₩249.31 Billion ≈ $168.95 Million |
+13.15% |
| 2018-12-31 | ₩220.34 Billion ≈ $149.32 Million |
+18.94% |
| 2017-12-31 | ₩185.26 Billion ≈ $125.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Miwon Specialty Chemical 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 1343.5% over the analyzed period, indicating profitable operations and earnings retention.
Miwon Specialty Chemical Co Ltd Net Assets Breakdown (December 2024)
Miwon Specialty Chemical Co Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩252.66 Billion | 62.18% |
| Other Components | ₩153.69 Billion | 37.82% |
| Total Equity | ₩406.34 Billion | 100.00% |
Miwon Specialty Chemical Co Ltd Competitors by Market Cap
The table below lists competitors of Miwon Specialty Chemical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Excelsior Medical Co Ltd
TW:4104
|
$431.45 Million |
|
Trade-Van Information Services Co
TW:6183
|
$431.47 Million |
|
Costamare Bulkers Holdings Limited
NYSE:CMDB
|
$431.49 Million |
|
Sichuan Shengda Forestry Industry Co Ltd
SHE:002259
|
$431.55 Million |
|
Ashapura Minechem Limited
NSE:ASHAPURMIN
|
$431.36 Million |
|
Fibra Shop
MX:FSHOP13
|
$431.27 Million |
|
MPS Limited
NSE:MPSLTD
|
$431.27 Million |
|
Zhejiang Runyang New Material Technology Co. Ltd.
SHE:300920
|
$431.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Miwon Specialty Chemical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 373,055,947,070 to 406,341,856,930, a change of 33,285,909,860 (8.9%).
- Net income of 54,566,854,180 contributed positively to equity growth.
- Dividend payments of 10,310,528,900 reduced retained earnings.
- Share repurchases of 7,319,974,170 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩54.57 Billion | +13.43% |
| Dividends Paid | ₩10.31 Billion | -2.54% |
| Share Repurchases | ₩7.32 Billion | -1.8% |
| Other Changes | ₩-3.65 Billion | -0.9% |
| Total Change | ₩- | 8.92% |
Book Value vs Market Value Analysis
This analysis compares Miwon Specialty Chemical 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: 1.57x
- 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 3.66x to 1.57x 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 | ₩35770.08 | ₩130900.00 | x |
| 2018-12-31 | ₩42200.82 | ₩130900.00 | x |
| 2019-12-31 | ₩47871.60 | ₩130900.00 | x |
| 2020-12-31 | ₩51700.80 | ₩130900.00 | x |
| 2021-12-31 | ₩65108.85 | ₩130900.00 | x |
| 2022-12-31 | ₩75680.35 | ₩130900.00 | x |
| 2023-12-31 | ₩75776.50 | ₩130900.00 | x |
| 2024-12-31 | ₩83441.06 | ₩130900.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Miwon Specialty Chemical 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): 13.43%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.71%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.26x
- Recent ROE (13.43%) is below the historical average (14.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 9.28% | 8.25% | 0.95x | 1.19x | ₩-1.33 Billion |
| 2018 | 16.33% | 9.98% | 1.30x | 1.26x | ₩13.94 Billion |
| 2019 | 15.87% | 10.47% | 1.21x | 1.25x | ₩14.63 Billion |
| 2020 | 13.28% | 9.32% | 1.14x | 1.25x | ₩8.56 Billion |
| 2021 | 24.47% | 15.04% | 1.21x | 1.34x | ₩47.25 Billion |
| 2022 | 17.11% | 10.60% | 1.29x | 1.26x | ₩26.94 Billion |
| 2023 | 4.99% | 4.25% | 0.95x | 1.24x | ₩-18.70 Billion |
| 2024 | 13.43% | 10.71% | 0.99x | 1.26x | ₩13.93 Billion |
Industry Comparison
This section compares Miwon Specialty Chemical Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $806,204,926,460
- Average return on equity (ROE) among peers: 3.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Miwon Specialty Chemical Co Ltd (268280) | ₩433.98 Billion | 9.28% | 0.25x | $431.40 Million |
| Rifa Ind (000760) | $181.15 Billion | -1.86% | 0.48x | $22.47 Million |
| Kumyang (001570) | $68.29 Billion | -15.92% | 2.28x | $428.33 Million |
| Sh E & Chemical Co. Ltd. (002360) | $107.69 Billion | 8.88% | 0.16x | $27.40 Million |
| KCC Corporation (002380) | $1.15 Trillion | 7.52% | 0.83x | $2.02 Billion |
| Miwon Commerci (002840) | $400.46 Billion | 12.62% | 0.20x | $419.41 Million |
| Taekwang Ind (003240) | $4.03 Trillion | -0.46% | 0.18x | $470.55 Million |
| Lotte Fine Chemical Co Ltd (004000) | $1.15 Trillion | 6.35% | 0.39x | $598.94 Million |
| Dongjin Semichem Co. Ltd (005290) | $190.22 Billion | 13.65% | 2.46x | $1.34 Billion |
| Isu Chemical Co Ltd (005950) | $344.15 Billion | 1.01% | 1.90x | $147.75 Million |
| Korea Petro Chemical Ind (006650) | $434.65 Billion | 0.00% | 1.14x | $367.48 Million |
About Miwon Specialty Chemical Co Ltd
Miwon Specialty Chemical Co., Ltd. engages in the manufacture and sales of energy-curing resins in Korea and internationally. The company is headquartered in Wanju-gun, South Korea.