MSC Co. Ltd

KQ:009780 Korea Food & Tobacco
Market Cap
$85.58 Million
₩125.31 Billion KRW
Market Cap Rank
#24876 Global
#1485 in Korea
Share Price
₩7120.00
Change (1 day)
+0.56%
52-Week Range
₩5650.00 - ₩12490.00
All Time High
₩12490.00
Categories
Companies in Korea Food & Tobacco
About

MSC Co., Ltd., together with its subsidiaries, engages in the research and development, production, marketing, and sale of various food additives in South Korea. Its product portfolio includes carrageenan, a polysaccharide that is used in food systems, pharmaceuticals, cosmetics, and other applications; agar-agar, a non-digestible polysaccharide for making jellies, cookies, tissue culture, and ba… Read more

MSC Co. Ltd (009780) - Net Assets

Latest net assets as of September 2025: ₩185.62 Billion KRW

Based on the latest financial reports, MSC Co. Ltd (009780) has net assets worth ₩185.62 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 (₩269.90 Billion) and total liabilities (₩84.28 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 ₩185.62 Billion
% of Total Assets 68.77%
Annual Growth Rate 9.49%
5-Year Change 68.33%
10-Year Change 240.85%
Growth Volatility 5.69

MSC Co. Ltd - Net Assets Trend (2004–2024)

This chart illustrates how MSC 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 MSC Co. Ltd (2004–2024)

The table below shows the annual net assets of MSC Co. Ltd from 2004 to 2024.

Year Net Assets Change
2024-12-31 ₩169.57 Billion +12.78%
2023-12-31 ₩150.36 Billion +12.93%
2022-12-31 ₩133.15 Billion +15.06%
2021-12-31 ₩115.72 Billion +14.87%
2020-12-31 ₩100.74 Billion +11.57%
2019-12-31 ₩90.29 Billion +12.08%
2018-12-31 ₩80.56 Billion +13.76%
2017-12-31 ₩70.81 Billion +18.52%
2016-12-31 ₩59.75 Billion +20.10%
2015-12-31 ₩49.75 Billion +12.89%
2014-12-31 ₩44.07 Billion +9.57%
2013-12-31 ₩40.22 Billion +9.70%
2012-12-31 ₩36.66 Billion +5.23%
2011-12-31 ₩34.84 Billion -3.59%
2010-12-31 ₩36.13 Billion +9.19%
2008-12-31 ₩33.09 Billion +2.71%
2007-12-31 ₩32.22 Billion +8.38%
2006-12-31 ₩29.73 Billion +4.29%
2005-12-31 ₩28.51 Billion +3.03%
2004-12-31 ₩27.67 Billion --

Equity Component Analysis

This analysis shows how different components contribute to MSC 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 871.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩158.72 Billion 93.60%
Common Stock ₩8.80 Billion 5.19%
Other Components ₩2.06 Billion 1.21%
Total Equity ₩169.57 Billion 100.00%

MSC Co. Ltd Competitors by Market Cap

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

Company Market Cap
Kaya Holdings Inc
OTCQB:KAYS
 		$22.93 Million
YONGHE MED.GR.DL-0000025
F:L97
 		$22.94 Million
Ever-Clear Environmental Eng. Corp.
TWO:6624
 		$22.95 Million
SRM CONTRACTORS ORD (BSE)
NSE:SRM
 		$22.95 Million
Climeon AB (publ)
OTCGREY:CLMOF
 		$22.92 Million
Bridge Biotherapeutics Inc
KQ:288330
 		$22.91 Million
Y.H. Dimri Construction & Development Ltd
TA:DIMRI
 		$22.91 Million
Cimentas Izmir Cimento Fabrikasi TAS
IS:CMENT
 		$22.91 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 150,359,711,450 to 169,574,664,870, a change of 19,214,953,420 (12.8%).
  • Net income of 21,763,730,360 contributed positively to equity growth.
  • Dividend payments of 1,760,000,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩21.76 Billion +12.83%
Dividends Paid ₩1.76 Billion -1.04%
Other Changes ₩-788.78 Million -0.47%
Total Change ₩- 12.78%

Book Value vs Market Value Analysis

This analysis compares MSC 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: 0.74x
  • 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 2.10x to 0.74x 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 ₩3394.82 ₩7120.00 x
2017-12-31 ₩4023.55 ₩7120.00 x
2018-12-31 ₩4577.08 ₩7120.00 x
2019-12-31 ₩5130.06 ₩7120.00 x
2020-12-31 ₩5723.69 ₩7120.00 x
2021-12-31 ₩6574.93 ₩7120.00 x
2022-12-31 ₩7565.18 ₩7120.00 x
2023-12-31 ₩8543.17 ₩7120.00 x
2024-12-31 ₩9634.92 ₩7120.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently MSC 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): 12.83%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.47%
  • • Asset Turnover: 0.73x
  • • Equity Multiplier: 1.53x
  • Recent ROE (12.83%) is above the historical average (9.97%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 7.63% 2.73% 0.74x 3.76x ₩-616.51 Million
2005 3.28% 1.14% 0.77x 3.76x ₩-1.78 Billion
2006 10.26% 3.47% 0.78x 3.79x ₩70.78 Million
2007 4.81% 1.71% 0.82x 3.43x ₩-1.55 Billion
2008 3.35% 1.17% 0.86x 3.34x ₩-2.10 Billion
2010 5.76% 1.89% 0.92x 3.32x ₩-1.47 Billion
2011 7.42% 2.30% 0.95x 3.40x ₩-897.29 Million
2012 8.02% 2.56% 1.02x 3.07x ₩-725.26 Million
2013 8.15% 2.58% 1.12x 2.83x ₩-745.69 Million
2014 10.77% 3.67% 1.03x 2.85x ₩337.14 Million
2015 10.35% 3.82% 1.04x 2.59x ₩175.08 Million
2016 16.59% 7.31% 0.97x 2.35x ₩3.94 Billion
2017 15.86% 7.91% 1.00x 2.01x ₩4.15 Billion
2018 13.27% 7.40% 0.98x 1.83x ₩2.64 Billion
2019 13.02% 7.88% 0.94x 1.75x ₩2.72 Billion
2020 8.87% 6.11% 0.88x 1.65x ₩-1.13 Billion
2021 13.30% 9.50% 0.88x 1.60x ₩3.82 Billion
2022 13.61% 8.87% 0.96x 1.59x ₩4.81 Billion
2023 12.28% 9.77% 0.85x 1.49x ₩3.43 Billion
2024 12.83% 11.47% 0.73x 1.53x ₩4.81 Billion

Industry Comparison

This section compares MSC Co. Ltd's net assets metrics with peer companies in the Food & Tobacco industry.

Industry Context

  • Industry: Food & Tobacco
  • Average net assets among peers: $109,096,181,332
  • Average return on equity (ROE) among peers: 5.05%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
MSC Co. Ltd (009780) ₩185.62 Billion 7.63% 0.45x $22.92 Million
KC Feed Co. Ltd (025880) $48.99 Billion 4.84% 1.25x $23.29 Million
FarmStory Co. Ltd (027710) $148.69 Billion -4.00% 3.43x $53.59 Million
Helixmith Co. Ltd (084990) $142.04 Billion -10.89% 0.05x $126.21 Million
EASY BIOInc (353810) $66.17 Billion 23.49% 1.60x $85.89 Million
H.Pio Co. Ltd. (357230) $139.59 Billion 11.80% 0.29x $10.09 Million