Yoosung T&S Co. Ltd (024800) - Net Assets
Based on the latest financial reports, Yoosung T&S Co. Ltd (024800) has net assets worth ₩533.88 Billion KRW (≈ $361.80 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩633.27 Billion ≈ $429.16 Million USD) and total liabilities (₩99.40 Billion ≈ $67.36 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. Check Yoosung T&S Co. Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩533.88 Billion |
| % of Total Assets | 84.3% |
| Annual Growth Rate | 12.3% |
| 5-Year Change | 93.14% |
| 10-Year Change | 248.95% |
| Growth Volatility | 10.35 |
Yoosung T&S Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Yoosung T&S Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Yoosung T&S Co. Ltd for the complete picture of this company's asset base.
Annual Net Assets for Yoosung T&S Co. Ltd (2011–2024)
The table below shows the annual net assets of Yoosung T&S Co. Ltd from 2011 to 2024. For live valuation and market cap data, see 024800 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩475.36 Billion ≈ $322.15 Million |
+2.23% |
| 2023-12-31 | ₩465.00 Billion ≈ $315.13 Million |
+32.42% |
| 2022-12-31 | ₩351.16 Billion ≈ $237.98 Million |
+16.74% |
| 2021-12-31 | ₩300.82 Billion ≈ $203.86 Million |
+22.22% |
| 2020-12-31 | ₩246.12 Billion ≈ $166.79 Million |
+27.01% |
| 2019-12-31 | ₩193.79 Billion ≈ $131.33 Million |
+12.83% |
| 2018-12-31 | ₩171.75 Billion ≈ $116.39 Million |
+6.37% |
| 2017-12-31 | ₩161.47 Billion ≈ $109.43 Million |
+16.52% |
| 2016-12-31 | ₩138.57 Billion ≈ $93.91 Million |
+1.72% |
| 2015-12-31 | ₩136.23 Billion ≈ $92.32 Million |
+3.92% |
| 2014-12-31 | ₩131.08 Billion ≈ $88.83 Million |
+4.50% |
| 2013-12-31 | ₩125.45 Billion ≈ $85.01 Million |
-1.29% |
| 2012-12-31 | ₩127.09 Billion ≈ $86.13 Million |
+20.83% |
| 2011-12-31 | ₩105.18 Billion ≈ $71.28 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Yoosung T&S 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 38961052199000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩389.61 Billion | 81.96% |
| Common Stock | ₩18.53 Billion | 3.90% |
| Other Components | ₩67.22 Billion | 14.14% |
| Total Equity | ₩475.36 Billion | 100.00% |
Yoosung T&S Co. Ltd Competitors by Market Cap
The table below lists competitors of Yoosung T&S Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TSKB Gayrimenkul Yatirim Ortakligi AS
IS:TSGYO
|
$100.45 Million |
|
Nyrada Inc
AU:NYR
|
$100.52 Million |
|
AVATION PLC LS-01
F:9K0
|
$100.53 Million |
|
Spanish Mountain Gold Ltd
V:SPA
|
$100.56 Million |
|
Martin Midstream Partners LP
NASDAQ:MMLP
|
$100.37 Million |
|
Leofoo Development Co Ltd
TW:2705
|
$100.36 Million |
|
Silvercrest Asset Management Group Inc
NASDAQ:SAMG
|
$100.32 Million |
|
Mobiis Co. Ltd
KQ:250060
|
$100.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yoosung T&S Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 421,547,481,170 to 475,361,165,060, a change of 53,813,683,890 (12.8%).
- Net income of 56,945,662,090 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩56.95 Billion | +11.98% |
| Other Changes | ₩-3.13 Billion | -0.66% |
| Total Change | ₩- | 12.77% |
Book Value vs Market Value Analysis
This analysis compares Yoosung T&S 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: 0.31x
- 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 0.64x to 0.31x 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 | ₩6886.73 | ₩4435.00 | x |
| 2017-12-31 | ₩8239.36 | ₩4435.00 | x |
| 2018-12-31 | ₩7289.59 | ₩4435.00 | x |
| 2019-12-31 | ₩8225.13 | ₩4435.00 | x |
| 2020-12-31 | ₩10446.35 | ₩4435.00 | x |
| 2021-12-31 | ₩11118.21 | ₩4435.00 | x |
| 2022-12-31 | ₩12978.90 | ₩4435.00 | x |
| 2023-12-31 | ₩12621.59 | ₩4435.00 | x |
| 2024-12-31 | ₩14232.83 | ₩4435.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yoosung T&S 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): 11.98%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 37.25%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.29x
- Recent ROE (11.98%) is above the historical average (9.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.99% | 0.26% | 1.21x | 3.13x | ₩-9.48 Billion |
| 2014 | 4.86% | 1.19% | 1.49x | 2.76x | ₩-6.74 Billion |
| 2015 | 4.46% | 1.16% | 1.52x | 2.54x | ₩-7.41 Billion |
| 2016 | 4.81% | 1.51% | 1.28x | 2.49x | ₩-7.19 Billion |
| 2017 | 6.95% | 2.59% | 1.18x | 2.28x | ₩-4.93 Billion |
| 2018 | 6.87% | 3.00% | 1.07x | 2.14x | ₩-5.38 Billion |
| 2019 | 10.95% | 5.92% | 0.90x | 2.05x | ₩1.83 Billion |
| 2020 | 19.83% | 16.59% | 0.63x | 1.89x | ₩24.19 Billion |
| 2021 | 12.19% | 13.07% | 0.53x | 1.76x | ₩6.58 Billion |
| 2022 | 14.46% | 18.35% | 0.50x | 1.58x | ₩15.67 Billion |
| 2023 | 13.26% | 23.56% | 0.38x | 1.50x | ₩13.76 Billion |
| 2024 | 11.98% | 37.25% | 0.25x | 1.29x | ₩9.41 Billion |
Industry Comparison
This section compares Yoosung T&S Co. Ltd's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $453,433,778,737
- Average return on equity (ROE) among peers: 5.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yoosung T&S Co. Ltd (024800) | ₩533.88 Billion | 0.99% | 0.19x | $100.38 Million |
| CJ Korea Express (000120) | $782.76 Billion | 2.41% | 0.64x | $1.37 Billion |
| Kukbo Co. Ltd. (001140) | $29.77 Billion | -12.93% | 2.30x | $150.40K |
| Hanjin Transportation Co. Ltd. (002320) | $1.37 Trillion | 11.55% | 1.82x | $194.21 Million |
| Dongbang Trans (004140) | $130.28 Billion | 0.63% | 3.36x | $94.42 Million |
| Sebang (004360) | $353.34 Billion | 4.32% | 1.06x | $197.89 Million |
| Sebang Co Ltd (004365) | $1.13 Trillion | 7.53% | 0.30x | $25.78 Million |
| KCTC Co. Ltd (009070) | $118.18 Billion | 3.95% | 0.59x | $120.56 Million |
| Hansol Csn (009180) | $130.12 Billion | 6.67% | 1.06x | $60.57 Million |
| Han Express (014130) | $27.86 Billion | 21.22% | 2.07x | $22.27 Million |
About Yoosung T&S Co. Ltd
Yoosung T&S Co., Ltd engages in the transportation business in South Korea. Its road transportation services comprise the transportation of steel products, container cargoes, beverages, industrial products, wastes and construction materials, CNG/tank lorries, military resources, and heavyweight cargo. The company is also involved in the railway transportation of various steel products, such as ho… Read more