Joong Ang Enervis Co. Ltd
Joong Ang Enervis Co., Ltd markets petroleum products in South Korea. The company is also involved in power generation. Joong Ang Enervis Co., Ltd was founded in 1946 and is headquartered in Seoul, South Korea.
Joong Ang Enervis Co. Ltd (000440) - Net Assets
Latest net assets as of September 2025: ₩51.91 Billion KRW
Based on the latest financial reports, Joong Ang Enervis Co. Ltd (000440) has net assets worth ₩51.91 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 (₩54.99 Billion) and total liabilities (₩3.08 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 | ₩51.91 Billion |
| % of Total Assets | 94.4% |
| Annual Growth Rate | 0.83% |
| 5-Year Change | -11.44% |
| 10-Year Change | 18.04% |
| Growth Volatility | 11.33 |
Joong Ang Enervis Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Joong Ang Enervis 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 Joong Ang Enervis Co. Ltd (2014–2024)
The table below shows the annual net assets of Joong Ang Enervis Co. Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩54.56 Billion | -4.33% |
| 2023-12-31 | ₩57.03 Billion | -3.04% |
| 2022-12-31 | ₩58.82 Billion | -1.40% |
| 2021-12-31 | ₩59.66 Billion | -3.16% |
| 2020-12-31 | ₩61.61 Billion | +36.53% |
| 2019-12-31 | ₩45.12 Billion | -0.31% |
| 2018-12-31 | ₩45.26 Billion | +0.15% |
| 2017-12-31 | ₩45.19 Billion | -2.00% |
| 2016-12-31 | ₩46.12 Billion | -0.22% |
| 2015-12-31 | ₩46.22 Billion | -7.16% |
| 2014-12-31 | ₩49.78 Billion | -0.72% |
| 2014-09-30 | ₩50.14 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Joong Ang Enervis 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 50.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩32.99 Billion | 60.46% |
| Common Stock | ₩3.11 Billion | 5.71% |
| Other Components | ₩18.46 Billion | 33.83% |
| Total Equity | ₩54.56 Billion | 100.00% |
Joong Ang Enervis Co. Ltd Competitors by Market Cap
The table below lists competitors of Joong Ang Enervis Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Experience Co Ltd
AU:EXP
|
$28.29 Million |
|
Falcon Power Co Ltd
TW:1516
|
$28.30 Million |
|
Afi Properties Ltd
TA:AFPR
|
$28.31 Million |
|
Grupo Ezentis S.A
MC:EZE
|
$28.31 Million |
|
Budapesti Ingatlan Hasznositasi es Fejlesztesi Nyrt.
BUD:BIF
|
$28.29 Million |
|
ESS Tech Inc
NYSE:GWH
|
$28.28 Million |
|
Advagene Biopharma Co. Ltd.
TWO:6709
|
$28.27 Million |
|
Live Verdure Ltd
AU:LV1
|
$28.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Joong Ang Enervis Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 57,029,289,520 to 54,559,923,140, a change of -2,469,366,380 (-4.3%).
- Net loss of 943,603,350 reduced equity.
- Dividend payments of 1,418,827,200 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-943.60 Million | -1.73% |
| Dividends Paid | ₩1.42 Billion | -2.6% |
| Other Changes | ₩-106.94 Million | -0.2% |
| Total Change | ₩- | -4.33% |
Book Value vs Market Value Analysis
This analysis compares Joong Ang Enervis 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: 2.54x
- 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 3.14x to 2.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩9931.15 | ₩31200.00 | x |
| 2017-12-31 | ₩9732.39 | ₩31200.00 | x |
| 2018-12-31 | ₩9747.38 | ₩31200.00 | x |
| 2019-12-31 | ₩9717.29 | ₩31200.00 | x |
| 2020-12-31 | ₩13894.65 | ₩31200.00 | x |
| 2021-12-31 | ₩13455.08 | ₩31200.00 | x |
| 2022-12-31 | ₩13266.12 | ₩31200.00 | x |
| 2023-12-31 | ₩12862.29 | ₩31200.00 | x |
| 2024-12-31 | ₩12305.34 | ₩31200.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Joong Ang Enervis 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): -1.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.89%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.07x
- Recent ROE (-1.73%) is below the historical average (4.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 5.74% | 2.60% | 1.36x | 1.62x | ₩-1.96 Billion |
| 2014 | 3.65% | 1.57% | 1.43x | 1.62x | ₩-2.89 Billion |
| 2015 | 1.87% | 0.96% | 1.17x | 1.67x | ₩-3.76 Billion |
| 2016 | 2.29% | 1.15% | 1.18x | 1.68x | ₩-3.55 Billion |
| 2017 | 3.53% | 2.26% | 1.17x | 1.34x | ₩-2.92 Billion |
| 2018 | 1.97% | 1.17% | 1.30x | 1.30x | ₩-3.64 Billion |
| 2019 | 1.36% | 0.94% | 1.07x | 1.36x | ₩-3.90 Billion |
| 2020 | 31.17% | 35.85% | 0.75x | 1.16x | ₩13.04 Billion |
| 2021 | 0.42% | 0.41% | 0.94x | 1.08x | ₩-5.71 Billion |
| 2022 | 0.85% | 0.70% | 1.13x | 1.08x | ₩-5.38 Billion |
| 2023 | -0.44% | -0.45% | 0.90x | 1.08x | ₩-5.95 Billion |
| 2024 | -1.73% | -1.89% | 0.85x | 1.07x | ₩-6.40 Billion |
Industry Comparison
This section compares Joong Ang Enervis Co. Ltd's net assets metrics with peer companies in the Oil & Gas industry.
Industry Context
- Industry: Oil & Gas
- Average net assets among peers: $78,922,743,550
- Average return on equity (ROE) among peers: 0.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Joong Ang Enervis Co. Ltd (000440) | ₩51.91 Billion | 5.74% | 0.06x | $28.29 Million |
| Hung -Gu Oil Ltd (024060) | $78.92 Billion | 0.79% | 0.18x | $95.92 Million |