Korea Alcohol Industrial Co. Ltd
Korea Alcohol Industrial Co., Ltd. engages in the manufacture and sale of chemical products in South Korea and internationally. It offers industrial, refined, and edible ethanol; petrochemical products, including ethyl and butyl acetate; color pastes; and electronic grade normal butyl acetate and absolute ethanol. The company was founded in 1984 and is headquartered in Yongin, South Korea.
Korea Alcohol Industrial Co. Ltd (017890) - Net Assets
Latest net assets as of September 2025: ₩587.28 Billion KRW
Based on the latest financial reports, Korea Alcohol Industrial Co. Ltd (017890) has net assets worth ₩587.28 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 (₩691.79 Billion) and total liabilities (₩104.52 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 | ₩587.28 Billion |
| % of Total Assets | 84.89% |
| Annual Growth Rate | 8.59% |
| 5-Year Change | 36.93% |
| 10-Year Change | 144.46% |
| Growth Volatility | 4.99 |
Korea Alcohol Industrial Co. Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Korea Alcohol Industrial 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 Korea Alcohol Industrial Co. Ltd (2001–2024)
The table below shows the annual net assets of Korea Alcohol Industrial Co. Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩510.78 Billion | -2.90% |
| 2023-12-31 | ₩526.01 Billion | +16.24% |
| 2022-12-31 | ₩452.53 Billion | +7.85% |
| 2021-12-31 | ₩419.61 Billion | +12.49% |
| 2020-12-31 | ₩373.02 Billion | +13.77% |
| 2019-12-31 | ₩327.86 Billion | +11.47% |
| 2018-12-31 | ₩294.14 Billion | +16.20% |
| 2017-12-31 | ₩253.12 Billion | +5.99% |
| 2016-12-31 | ₩238.82 Billion | +14.30% |
| 2015-12-31 | ₩208.94 Billion | +9.95% |
| 2014-12-31 | ₩190.04 Billion | +7.26% |
| 2013-12-31 | ₩177.17 Billion | +3.21% |
| 2012-12-31 | ₩171.67 Billion | +2.43% |
| 2011-12-31 | ₩167.60 Billion | +6.33% |
| 2010-12-31 | ₩157.62 Billion | +4.42% |
| 2009-12-31 | ₩150.94 Billion | +9.12% |
| 2008-12-31 | ₩138.33 Billion | +11.45% |
| 2007-12-31 | ₩124.12 Billion | +18.16% |
| 2006-12-31 | ₩105.05 Billion | +7.89% |
| 2005-12-31 | ₩97.36 Billion | +5.32% |
| 2004-12-31 | ₩92.45 Billion | +9.59% |
| 2003-12-31 | ₩84.36 Billion | +4.59% |
| 2002-12-31 | ₩80.65 Billion | +5.13% |
| 2001-12-31 | ₩76.72 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Korea Alcohol Industrial 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 44983399196000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩449.83 Billion | 88.07% |
| Common Stock | ₩10.80 Billion | 2.11% |
| Other Components | ₩50.14 Billion | 9.82% |
| Total Equity | ₩510.78 Billion | 100.00% |
Korea Alcohol Industrial Co. Ltd Competitors by Market Cap
The table below lists competitors of Korea Alcohol Industrial Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CAMBI ASA NK -02
F:3W7
|
$92.70 Million |
|
Lagenda Properties Bhd
KLSE:7179
|
$92.73 Million |
|
Aroa Biosurgery Ltd
AU:ARX
|
$92.74 Million |
|
Fonar Corporation
NASDAQ:FONR
|
$92.74 Million |
|
Hung -Gu Oil Ltd
KQ:024060
|
$92.66 Million |
|
Samwha Electri
KO:009470
|
$92.65 Million |
|
Suryoday Small Finance Bank Limited
NSE:SURYODAY
|
$92.64 Million |
|
Rojana Industrial Park Public Company Limited
BK:ROJNA
|
$92.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korea Alcohol Industrial Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 479,595,217,690 to 510,778,755,420, a change of 31,183,537,730 (6.5%).
- Net income of 24,544,074,140 contributed positively to equity growth.
- Dividend payments of 4,438,736,970 reduced retained earnings.
- Other factors increased equity by 11,078,200,560.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩24.54 Billion | +4.81% |
| Dividends Paid | ₩4.44 Billion | -0.87% |
| Other Changes | ₩11.08 Billion | +2.17% |
| Total Change | ₩- | 6.50% |
Book Value vs Market Value Analysis
This analysis compares Korea Alcohol Industrial 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: 0.46x
- 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 0.98x to 0.46x 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 | ₩11604.33 | ₩11370.00 | x |
| 2017-12-31 | ₩12299.13 | ₩11370.00 | x |
| 2018-12-31 | ₩14292.04 | ₩11370.00 | x |
| 2019-12-31 | ₩15930.71 | ₩11370.00 | x |
| 2020-12-31 | ₩18125.05 | ₩11370.00 | x |
| 2021-12-31 | ₩20388.59 | ₩11370.00 | x |
| 2022-12-31 | ₩21988.37 | ₩11370.00 | x |
| 2023-12-31 | ₩23303.27 | ₩11370.00 | x |
| 2024-12-31 | ₩24818.47 | ₩11370.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korea Alcohol Industrial 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): 4.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.83%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.28x
- Recent ROE (4.81%) is below the historical average (7.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 2.87% | 3.13% | 0.69x | 1.33x | ₩-5.47 Billion |
| 2002 | 6.64% | 5.46% | 0.84x | 1.45x | ₩-2.69 Billion |
| 2003 | 3.56% | 2.98% | 0.81x | 1.47x | ₩-5.34 Billion |
| 2004 | 10.59% | 7.78% | 0.90x | 1.51x | ₩526.53 Million |
| 2005 | 6.80% | 5.24% | 0.89x | 1.46x | ₩-2.99 Billion |
| 2006 | 5.54% | 4.71% | 0.71x | 1.66x | ₩-4.46 Billion |
| 2007 | 8.61% | 9.29% | 0.70x | 1.32x | ₩-1.70 Billion |
| 2008 | 14.62% | 13.60% | 0.78x | 1.37x | ₩6.39 Billion |
| 2009 | 9.21% | 8.40% | 0.78x | 1.40x | ₩-1.19 Billion |
| 2010 | 7.86% | 7.04% | 0.76x | 1.47x | ₩-3.38 Billion |
| 2011 | 5.92% | 4.90% | 0.79x | 1.53x | ₩-6.84 Billion |
| 2012 | 4.36% | 3.61% | 0.86x | 1.40x | ₩-9.68 Billion |
| 2013 | 3.11% | 2.84% | 0.80x | 1.38x | ₩-12.20 Billion |
| 2014 | 6.11% | 6.24% | 0.72x | 1.36x | ₩-7.38 Billion |
| 2015 | 8.71% | 9.53% | 0.72x | 1.27x | ₩-2.70 Billion |
| 2016 | 12.60% | 15.96% | 0.62x | 1.28x | ₩6.21 Billion |
| 2017 | 7.95% | 9.48% | 0.65x | 1.30x | ₩-5.18 Billion |
| 2018 | 9.75% | 11.20% | 0.68x | 1.28x | ₩-739.91 Million |
| 2019 | 9.70% | 10.91% | 0.67x | 1.33x | ₩-983.24 Million |
| 2020 | 13.67% | 13.72% | 0.75x | 1.33x | ₩13.69 Billion |
| 2021 | 10.94% | 9.15% | 0.88x | 1.35x | ₩3.94 Billion |
| 2022 | 6.70% | 5.92% | 0.88x | 1.28x | ₩-14.92 Billion |
| 2023 | 2.10% | 2.30% | 0.67x | 1.36x | ₩-37.89 Billion |
| 2024 | 4.81% | 5.83% | 0.64x | 1.28x | ₩-26.53 Billion |
Industry Comparison
This section compares Korea Alcohol Industrial Co. Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,252,997,989,292
- Average return on equity (ROE) among peers: 8.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Korea Alcohol Industrial Co. Ltd (017890) | ₩587.28 Billion | 2.87% | 0.18x | $92.69 Million |
| Rifa Ind (000760) | $181.15 Billion | -1.86% | 0.48x | $8.66 Million |
| Kumyang (001570) | $57.95 Billion | 24.95% | 1.85x | $316.82 Million |
| Sh E & Chemical Co. Ltd. (002360) | $94.10 Billion | 1.96% | 0.32x | $20.38 Million |
| KCC Corporation (002380) | $5.09 Trillion | 4.87% | 0.38x | $1.65 Billion |
| Miwon Commerci (002840) | $239.21 Billion | 9.14% | 0.38x | $100.20 Million |
| Taekwang Ind (003240) | $3.48 Trillion | 3.91% | 0.25x | $160.16 Million |
| Lotte Fine Chemical Co Ltd (004000) | $2.20 Trillion | 26.63% | 0.24x | $496.67 Million |
| Dongjin Semichem Co. Ltd (005290) | $133.88 Billion | 0.00% | 3.14x | $1.06 Billion |
| Isu Chemical Co Ltd (005950) | $279.30 Billion | 6.94% | 0.54x | $85.98 Million |
| Korea Petro Chemical Ind (006650) | $768.68 Billion | 3.91% | 0.65x | $316.72 Million |