CJ Freshway Corporation
CJ Freshway Corporation engages in the distribution of food materials in Korea and internationally. The company provides consulting service for menu development, as well as trains staff on new recipes. It also offers customized menus and products. In addition, the company provides catering services to nursery schools, hospitals, nursing homes, welfare centers, industries, government offices, scho… Read more
CJ Freshway Corporation (051500) - Net Assets
Latest net assets as of September 2025: ₩447.91 Billion KRW
Based on the latest financial reports, CJ Freshway Corporation (051500) has net assets worth ₩447.91 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 (₩1.61 Trillion) and total liabilities (₩1.16 Trillion). 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 | ₩447.91 Billion |
| % of Total Assets | 27.89% |
| Annual Growth Rate | 7.45% |
| 5-Year Change | 120.9% |
| 10-Year Change | 101.32% |
| Growth Volatility | 13.33 |
CJ Freshway Corporation - Net Assets Trend (2001–2024)
This chart illustrates how CJ Freshway Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CJ Freshway Corporation (2001–2024)
The table below shows the annual net assets of CJ Freshway Corporation from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩415.38 Billion | +12.42% |
| 2023-12-31 | ₩369.50 Billion | +20.04% |
| 2022-12-31 | ₩307.81 Billion | +25.17% |
| 2021-12-31 | ₩245.92 Billion | +30.78% |
| 2020-12-31 | ₩188.04 Billion | -6.65% |
| 2019-12-31 | ₩201.43 Billion | +2.86% |
| 2018-12-31 | ₩195.83 Billion | +8.66% |
| 2017-12-31 | ₩180.23 Billion | -5.24% |
| 2016-12-31 | ₩190.20 Billion | -7.82% |
| 2015-12-31 | ₩206.33 Billion | +5.64% |
| 2014-12-31 | ₩195.32 Billion | +6.69% |
| 2013-12-31 | ₩183.06 Billion | +30.07% |
| 2012-12-31 | ₩140.74 Billion | +37.44% |
| 2011-12-31 | ₩102.40 Billion | +13.21% |
| 2010-12-31 | ₩90.45 Billion | +11.37% |
| 2009-12-31 | ₩81.22 Billion | +8.06% |
| 2008-12-31 | ₩75.16 Billion | -10.84% |
| 2004-12-31 | ₩84.30 Billion | -0.45% |
| 2003-12-31 | ₩84.68 Billion | -2.87% |
| 2002-12-31 | ₩87.18 Billion | +9.50% |
| 2001-12-31 | ₩79.62 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CJ Freshway Corporation'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 11971617044000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩119.72 Billion | 28.82% |
| Common Stock | ₩11.87 Billion | 2.86% |
| Other Components | ₩283.79 Billion | 68.32% |
| Total Equity | ₩415.38 Billion | 100.00% |
CJ Freshway Corporation Competitors by Market Cap
The table below lists competitors of CJ Freshway Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Lilang Limited
F:5LX
|
$132.67 Million |
|
Shimao Services Holdings Limited
PINK:SHMSF
|
$132.69 Million |
|
Tullow Oil plc
PINK:TUWLF
|
$132.75 Million |
|
CHC Resources Corp
TW:9930
|
$132.80 Million |
|
Boyaa Interactive International Limited
F:1BY
|
$132.61 Million |
|
Kingfa Science & Technology (India) Limited
NSE:KINGFA
|
$132.61 Million |
|
CARYSIL LIMITED
NSE:CARYSIL
|
$132.60 Million |
|
Sinotherapeutics Inc. A
SHG:688247
|
$132.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CJ Freshway Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 289,616,234,160 to 415,381,333,810, a change of 125,765,099,650 (43.4%).
- Net income of 25,927,714,490 contributed positively to equity growth.
- Dividend payments of 6,894,213,700 reduced retained earnings.
- Other factors increased equity by 106,731,598,860.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩25.93 Billion | +6.24% |
| Dividends Paid | ₩6.89 Billion | -1.66% |
| Other Changes | ₩106.73 Billion | +25.69% |
| Total Change | ₩- | 43.42% |
Book Value vs Market Value Analysis
This analysis compares CJ Freshway Corporation'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: 0.90x
- 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 1.96x to 0.90x 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 | ₩16021.39 | ₩31400.00 | x |
| 2017-12-31 | ₩15181.47 | ₩31400.00 | x |
| 2018-12-31 | ₩16496.10 | ₩31400.00 | x |
| 2019-12-31 | ₩16967.30 | ₩31400.00 | x |
| 2020-12-31 | ₩15839.26 | ₩31400.00 | x |
| 2021-12-31 | ₩20714.66 | ₩31400.00 | x |
| 2022-12-31 | ₩25928.64 | ₩31400.00 | x |
| 2023-12-31 | ₩24395.75 | ₩31400.00 | x |
| 2024-12-31 | ₩34989.54 | ₩31400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CJ Freshway Corporation 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): 6.24%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.80%
- • Asset Turnover: 2.06x
- • Equity Multiplier: 3.77x
- Recent ROE (6.24%) is below the historical average (6.26%), 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 | 7.82% | 1.05% | 3.49x | 2.13x | ₩-1.74 Billion |
| 2002 | 12.15% | 1.34% | 4.37x | 2.08x | ₩1.88 Billion |
| 2004 | 1.35% | 0.20% | 2.89x | 2.40x | ₩-7.29 Billion |
| 2008 | 5.18% | 0.58% | 3.16x | 2.84x | ₩-3.63 Billion |
| 2009 | 9.59% | 1.00% | 3.08x | 3.12x | ₩-332.80 Million |
| 2010 | 9.94% | 0.88% | 3.16x | 3.57x | ₩-52.45 Million |
| 2011 | 16.74% | 1.07% | 3.74x | 4.18x | ₩6.90 Billion |
| 2012 | 8.28% | 0.62% | 2.88x | 4.61x | ₩-2.42 Billion |
| 2014 | 5.51% | 0.59% | 2.67x | 3.51x | ₩-8.61 Billion |
| 2015 | 5.27% | 0.52% | 2.73x | 3.68x | ₩-9.77 Billion |
| 2016 | -2.46% | -0.20% | 2.74x | 4.47x | ₩-23.69 Billion |
| 2017 | -0.85% | -0.06% | 2.77x | 5.01x | ₩-19.56 Billion |
| 2018 | 7.00% | 0.48% | 3.08x | 4.68x | ₩-5.88 Billion |
| 2019 | 2.56% | 0.17% | 2.59x | 5.87x | ₩-14.99 Billion |
| 2020 | -20.88% | -1.58% | 2.21x | 5.97x | ₩-58.06 Billion |
| 2021 | 10.84% | 1.16% | 1.88x | 4.95x | ₩2.06 Billion |
| 2022 | 15.95% | 1.79% | 1.85x | 4.82x | ₩18.32 Billion |
| 2023 | 18.81% | 1.77% | 2.24x | 4.75x | ₩25.51 Billion |
| 2024 | 6.24% | 0.80% | 2.06x | 3.77x | ₩-15.61 Billion |
Industry Comparison
This section compares CJ Freshway Corporation's net assets metrics with peer companies in the Food Distribution industry.
Industry Context
- Industry: Food Distribution
- Average net assets among peers: $583,421,373,948
- Average return on equity (ROE) among peers: 6.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CJ Freshway Corporation (051500) | ₩447.91 Billion | 7.82% | 2.59x | $132.66 Million |
| Dongwon Ind (006040) | $973.61 Billion | 7.10% | 1.66x | $371.32 Million |
| Dongsuh (026960) | $1.55 Trillion | 10.86% | 0.05x | $533.53 Million |
| Dong Won Fish (030720) | $33.60 Billion | -1.12% | 1.79x | $14.06 Million |
| Next Bt Co. Ltd (065170) | $59.92 Billion | 2.17% | 0.73x | $62.97 Million |
| Hyundai C&F Inc (227840) | $304.44 Billion | 14.01% | 0.24x | $16.36 Million |