Pungguk Ethanol Industrial Co. Ltd

KQ:023900 Korea Beverages - Brewers
Market Cap
$85.71 Million
₩125.50 Billion KRW
Market Cap Rank
#23994 Global
#1337 in Korea
Share Price
₩9960.00
Change (1 day)
+0.10%
52-Week Range
₩8250.00 - ₩10430.00
All Time High
₩25760.54
Categories
Companies in Korea Beverages - Brewers
About

Pungguk Ethanol Co., Ltd manufactures, distributes, and sells of alcohol in South Korea. It provides ethanol that is used for various applications, such as liquor, food and condiment, extract, medicine, tinctures, cosmetics, tobacco fermentation, gunpowder, detergent, solvent, coagulant, test and research, reagent, feed, fuel, food preservative and disinfection, and others. The company offers ult… Read more

Pungguk Ethanol Industrial Co. Ltd (023900) - Net Assets

Latest net assets as of September 2025: ₩195.14 Billion KRW

Based on the latest financial reports, Pungguk Ethanol Industrial Co. Ltd (023900) has net assets worth ₩195.14 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 (₩223.44 Billion) and total liabilities (₩28.30 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 ₩195.14 Billion
% of Total Assets 87.33%
Annual Growth Rate 8.1%
5-Year Change 15.69%
10-Year Change 61.26%
Growth Volatility 6.72

Pungguk Ethanol Industrial Co. Ltd - Net Assets Trend (2001–2024)

This chart illustrates how Pungguk Ethanol 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 Pungguk Ethanol Industrial Co. Ltd (2001–2024)

The table below shows the annual net assets of Pungguk Ethanol Industrial Co. Ltd from 2001 to 2024.

Year Net Assets Change
2024-12-31 ₩162.85 Billion -7.45%
2023-12-31 ₩175.96 Billion +19.19%
2022-12-31 ₩147.63 Billion +2.03%
2021-12-31 ₩144.69 Billion +2.79%
2020-12-31 ₩140.77 Billion +5.32%
2019-12-31 ₩133.65 Billion +4.16%
2018-12-31 ₩128.31 Billion +7.89%
2017-12-31 ₩118.93 Billion +11.49%
2016-12-31 ₩106.67 Billion +5.63%
2015-12-31 ₩100.99 Billion -4.49%
2014-12-31 ₩105.74 Billion +4.55%
2013-12-31 ₩101.14 Billion +7.87%
2012-12-31 ₩93.76 Billion +4.39%
2011-12-31 ₩89.82 Billion +11.02%
2010-12-31 ₩80.90 Billion +11.35%
2009-12-31 ₩72.65 Billion +6.37%
2008-12-31 ₩68.30 Billion +12.81%
2007-12-31 ₩60.55 Billion +8.24%
2006-12-31 ₩55.94 Billion +11.18%
2005-12-31 ₩50.32 Billion +14.78%
2004-12-31 ₩43.84 Billion +17.76%
2003-12-31 ₩37.23 Billion +20.84%
2002-12-31 ₩30.81 Billion +13.48%
2001-12-31 ₩27.15 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Pungguk Ethanol 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 15346537407000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩153.47 Billion 94.24%
Common Stock ₩6.30 Billion 3.87%
Other Components ₩3.08 Billion 1.89%
Total Equity ₩162.85 Billion 100.00%

Pungguk Ethanol Industrial Co. Ltd Competitors by Market Cap

The table below lists competitors of Pungguk Ethanol Industrial Co. Ltd ranked by their market capitalization.

Company Market Cap
ROYAL ROAD MIN.
F:RLU
 		$27.62 Million
INSPIREMD 1/18 DL-0001
F:II2
 		$27.63 Million
Grupo Media Capital SGPS S.A
MU:GQV
 		$27.64 Million
Adveritas Ltd
AU:AV1
 		$27.64 Million
Jaya Konstruksi Manggala Pratama
JK:JKON
 		$27.61 Million
Lakes Oil NL
AU:LKO
 		$27.61 Million
Naim Holdings Bhd
KLSE:5073
 		$27.60 Million
Goldlion Holdings Limited
F:GLH
 		$27.60 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 155,215,123,930 to 162,848,647,300, a change of 7,633,523,370 (4.9%).
  • Net income of 8,047,449,840 contributed positively to equity growth.
  • Dividend payments of 1,260,000,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩8.05 Billion +4.94%
Dividends Paid ₩1.26 Billion -0.77%
Other Changes ₩846.07 Million +0.52%
Total Change ₩- 4.92%

Book Value vs Market Value Analysis

This analysis compares Pungguk Ethanol 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: 0.77x
  • 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 1.18x to 0.77x 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 ₩8465.71 ₩9960.00 x
2017-12-31 ₩9438.72 ₩9960.00 x
2018-12-31 ₩10183.64 ₩9960.00 x
2019-12-31 ₩10607.26 ₩9960.00 x
2020-12-31 ₩11171.91 ₩9960.00 x
2021-12-31 ₩11483.19 ₩9960.00 x
2022-12-31 ₩11716.47 ₩9960.00 x
2023-12-31 ₩12318.66 ₩9960.00 x
2024-12-31 ₩12924.50 ₩9960.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pungguk Ethanol 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): 4.94%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.15%
  • • Asset Turnover: 0.73x
  • • Equity Multiplier: 1.32x
  • Recent ROE (4.94%) is below the historical average (9.06%), 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 6.42% 6.62% 0.62x 1.56x ₩-914.49 Million
2002 12.42% 9.53% 0.87x 1.50x ₩695.08 Million
2003 15.23% 12.49% 0.86x 1.42x ₩1.79 Billion
2004 16.68% 14.76% 0.78x 1.46x ₩2.72 Billion
2005 12.43% 11.32% 0.68x 1.63x ₩1.10 Billion
2006 13.59% 12.05% 0.71x 1.58x ₩1.81 Billion
2007 10.76% 8.94% 0.77x 1.57x ₩418.56 Million
2008 13.13% 10.49% 0.85x 1.48x ₩1.91 Billion
2009 11.22% 10.46% 0.77x 1.39x ₩814.12 Million
2010 11.76% 10.99% 0.79x 1.36x ₩1.31 Billion
2011 8.59% 8.78% 0.73x 1.35x ₩-1.16 Billion
2012 5.32% 4.93% 0.79x 1.37x ₩-3.98 Billion
2013 7.96% 7.25% 0.82x 1.34x ₩-1.86 Billion
2014 6.47% 5.72% 0.84x 1.35x ₩-3.36 Billion
2015 7.57% 7.54% 0.73x 1.37x ₩-2.45 Billion
2016 8.43% 9.29% 0.64x 1.43x ₩-1.68 Billion
2017 11.91% 13.17% 0.66x 1.37x ₩2.27 Billion
2018 8.16% 8.69% 0.69x 1.36x ₩-2.36 Billion
2019 5.83% 6.41% 0.67x 1.35x ₩-5.58 Billion
2020 5.83% 6.95% 0.64x 1.31x ₩-5.87 Billion
2021 4.93% 5.59% 0.67x 1.31x ₩-7.33 Billion
2022 2.33% 2.23% 0.81x 1.29x ₩-11.32 Billion
2023 5.45% 5.03% 0.87x 1.24x ₩-7.06 Billion
2024 4.94% 5.15% 0.73x 1.32x ₩-8.24 Billion

Industry Comparison

This section compares Pungguk Ethanol Industrial Co. Ltd's net assets metrics with peer companies in the Beverages - Brewers industry.

Industry Context

  • Industry: Beverages - Brewers
  • Average net assets among peers: $567,133,574,095
  • Average return on equity (ROE) among peers: -26.82%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Pungguk Ethanol Industrial Co. Ltd (023900) ₩195.14 Billion 6.42% 0.15x $27.62 Million
Hitejinro Holdings (000140) $1.11 Trillion 1.65% 2.66x $41.80 Million
Jeju Beer Co. Ltd. (276730) $22.81 Billion -55.29% 1.18x $6.23 Million