Pungguk Ethanol Industrial Co. Ltd Net Assets
Pungguk Ethanol Industrial Co. Ltd net assets. Based on the latest financial reports, Pungguk Ethanol Industrial Co. Ltd (023900) has net assets worth ₩202.43 Billion KRW (≈ $137.18 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩233.03 Billion ≈ $157.92 Million USD) and total liabilities (₩30.60 Billion ≈ $20.74 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. See Pungguk Ethanol Industrial Co. Ltd (023900) balance sheet quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩202.43 Billion |
| % of Total Assets | 86.87% |
| Annual Growth Rate | 8.64% |
| 5-Year Change | 36.96% |
| 10-Year Change | 85.78% |
| Growth Volatility | 7.1 |
Net Assets of Pungguk Ethanol Industrial Co. Ltd (2001–2025)
Net assets of Pungguk Ethanol Industrial Co. Ltd from 2001 to 2025. This chart illustrates how Pungguk Ethanol Industrial Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Pungguk Ethanol Industrial Co. Ltd (023900) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Pungguk Ethanol Industrial Co. Ltd (2001–2025)
The table below shows the annual net assets of Pungguk Ethanol Industrial Co. Ltd from 2001 to 2025. For live market cap and overall valuation, see Pungguk Ethanol Industrial Co. Ltd (023900) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩198.16 Billion ≈ $134.29 Million |
+21.69% |
| 2024-12-31 | ₩162.85 Billion ≈ $110.36 Million |
-7.45% |
| 2023-12-31 | ₩175.96 Billion ≈ $119.24 Million |
+19.19% |
| 2022-12-31 | ₩147.63 Billion ≈ $100.05 Million |
+2.03% |
| 2021-12-31 | ₩144.69 Billion ≈ $98.05 Million |
+2.79% |
| 2020-12-31 | ₩140.77 Billion ≈ $95.40 Million |
+5.32% |
| 2019-12-31 | ₩133.65 Billion ≈ $90.57 Million |
+4.16% |
| 2018-12-31 | ₩128.31 Billion ≈ $86.96 Million |
+7.89% |
| 2017-12-31 | ₩118.93 Billion ≈ $80.60 Million |
+11.49% |
| 2016-12-31 | ₩106.67 Billion ≈ $72.29 Million |
+5.63% |
| 2015-12-31 | ₩100.99 Billion ≈ $68.44 Million |
-4.49% |
| 2014-12-31 | ₩105.74 Billion ≈ $71.66 Million |
+4.55% |
| 2013-12-31 | ₩101.14 Billion ≈ $68.54 Million |
+7.87% |
| 2012-12-31 | ₩93.76 Billion ≈ $63.54 Million |
+4.39% |
| 2011-12-31 | ₩89.82 Billion ≈ $60.87 Million |
+11.02% |
| 2010-12-31 | ₩80.90 Billion ≈ $54.83 Million |
+11.35% |
| 2009-12-31 | ₩72.65 Billion ≈ $49.24 Million |
+6.37% |
| 2008-12-31 | ₩68.30 Billion ≈ $46.29 Million |
+12.81% |
| 2007-12-31 | ₩60.55 Billion ≈ $41.03 Million |
+8.24% |
| 2006-12-31 | ₩55.94 Billion ≈ $37.91 Million |
+11.18% |
| 2005-12-31 | ₩50.32 Billion ≈ $34.10 Million |
+14.78% |
| 2004-12-31 | ₩43.84 Billion ≈ $29.71 Million |
+17.76% |
| 2003-12-31 | ₩37.23 Billion ≈ $25.23 Million |
+20.84% |
| 2002-12-31 | ₩30.81 Billion ≈ $20.88 Million |
+13.48% |
| 2001-12-31 | ₩27.15 Billion ≈ $18.40 Million |
-- |
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 16163145197000.0% over the analyzed period, indicating profitable operations and earnings retention.
Pungguk Ethanol Industrial Co. Ltd Net Assets Breakdown (December 2025)
Pungguk Ethanol Industrial Co. Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩161.63 Billion | 94.07% |
| Other Components | ₩10.20 Billion | 5.93% |
| Total Equity | ₩171.83 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 |
|---|---|
|
Making Science Group S.A.
MC:MAKS
|
$57.38 Million |
|
WeGrow AG
DU:ZN2
|
$57.41 Million |
|
WASGAU Produktions & Handels AG
F:MSH
|
$57.42 Million |
|
Vietnam Ocean Shipping JSC
VN:VOS
|
$57.45 Million |
|
XBiotech Inc
NASDAQ:XBIT
|
$57.32 Million |
|
Bank Mnc Internasional Tbk
JK:BABP
|
$57.31 Million |
|
Chips&Media Inc
KQ:094360
|
$57.29 Million |
|
G8 Education Ltd
AU:GEM
|
$57.28 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 2024 to 2025, total equity changed from 162,848,647,300 to 171,829,030,550, a change of 8,980,383,250 (5.5%).
- Net income of 10,231,956,120 contributed positively to equity growth.
- Dividend payments of 2,016,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩10.23 Billion | +5.95% |
| Dividends Paid | ₩2.02 Billion | -1.17% |
| Other Changes | ₩764.43 Million | +0.44% |
| Total Change | ₩- | 5.51% |
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: 0.49x
- 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 0.79x to 0.49x 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 | ₩6720.00 | x |
| 2017-12-31 | ₩9438.72 | ₩6720.00 | x |
| 2018-12-31 | ₩10183.64 | ₩6720.00 | x |
| 2019-12-31 | ₩10607.26 | ₩6720.00 | x |
| 2020-12-31 | ₩11171.91 | ₩6720.00 | x |
| 2021-12-31 | ₩11483.19 | ₩6720.00 | x |
| 2022-12-31 | ₩11716.47 | ₩6720.00 | x |
| 2023-12-31 | ₩12318.66 | ₩6720.00 | x |
| 2024-12-31 | ₩12924.50 | ₩6720.00 | x |
| 2025-12-31 | ₩13637.22 | ₩6720.00 | 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): 5.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.26%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.30x
- Recent ROE (5.95%) is below the historical average (8.93%), 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 |
| 2025 | 5.95% | 6.26% | 0.73x | 1.30x | ₩-6.95 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: $683,352,386,180
- Average return on equity (ROE) among peers: -80.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pungguk Ethanol Industrial Co. Ltd (023900) | ₩202.43 Billion | 6.42% | 0.15x | $57.38 Million |
| Hitejinro Holdings (000140) | $945.97 Billion | 11.48% | 1.50x | $108.60 Million |
| HiteJinro Holdings Co Ltd (000145) | $1.10 Trillion | -0.25% | 2.64x | $2.80 Million |
| Jeju Beer Co. Ltd. (276730) | $8.30 Billion | -252.42% | 2.99x | $10.67 Million |
About Pungguk Ethanol Industrial Co. Ltd
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