TAEYANG Corporation (053620) - Net Assets
Based on the latest financial reports, TAEYANG Corporation (053620) has net assets worth ₩204.50 Billion KRW (≈ $138.59 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 (₩238.69 Billion ≈ $161.75 Million USD) and total liabilities (₩34.18 Billion ≈ $23.17 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 053620 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩204.50 Billion |
| % of Total Assets | 85.68% |
| Annual Growth Rate | 4.24% |
| 5-Year Change | 15.31% |
| 10-Year Change | 33.43% |
| Growth Volatility | 2.12 |
TAEYANG Corporation - Net Assets Trend (2011–2025)
This chart illustrates how TAEYANG Corporation's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 053620 market cap.
Annual Net Assets for TAEYANG Corporation (2011–2025)
The table below shows the annual net assets of TAEYANG Corporation from 2011 to 2025. Also explore net asset growth rate of TAEYANG Corporation to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩194.23 Billion ≈ $131.62 Million |
+5.51% |
| 2024-12-31 | ₩184.08 Billion ≈ $124.75 Million |
+3.05% |
| 2023-12-31 | ₩178.64 Billion ≈ $121.06 Million |
+2.88% |
| 2022-12-31 | ₩173.64 Billion ≈ $117.67 Million |
+3.09% |
| 2021-12-31 | ₩168.44 Billion ≈ $114.15 Million |
+2.65% |
| 2020-12-31 | ₩164.10 Billion ≈ $111.21 Million |
+3.50% |
| 2019-12-31 | ₩158.54 Billion ≈ $107.44 Million |
+4.45% |
| 2018-12-31 | ₩151.78 Billion ≈ $102.86 Million |
+0.69% |
| 2017-12-31 | ₩150.75 Billion ≈ $102.16 Million |
+3.56% |
| 2016-12-31 | ₩145.56 Billion ≈ $98.64 Million |
+9.50% |
| 2015-12-31 | ₩132.93 Billion ≈ $90.09 Million |
+2.68% |
| 2014-12-31 | ₩129.46 Billion ≈ $87.73 Million |
+5.63% |
| 2013-12-31 | ₩122.56 Billion ≈ $83.06 Million |
+6.33% |
| 2012-12-31 | ₩115.27 Billion ≈ $78.11 Million |
+6.20% |
| 2011-12-31 | ₩108.54 Billion ≈ $73.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to TAEYANG 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 18391695578000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩183.92 Billion | 94.69% |
| Other Components | ₩10.31 Billion | 5.31% |
| Total Equity | ₩194.23 Billion | 100.00% |
TAEYANG Corporation Competitors by Market Cap
The table below lists competitors of TAEYANG Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Heidelberger Beteiligungsholding AG
F:IPOK
|
$36.70 Million |
|
Everlast Minerals Ltd.
AU:EV8
|
$36.70 Million |
|
JOSAPAR Joaquim Oliveira S.A. Participações
SA:JOPA3
|
$36.71 Million |
|
DiGiSPICE Technologies Limited
NSE:DIGISPICE
|
$36.73 Million |
|
AS Ekspress Grupp
F:DYC
|
$36.68 Million |
|
Avonmore Capital & Management Services Limited
NSE:AVONMORE
|
$36.68 Million |
|
TRC Synergy Bhd
KLSE:5054
|
$36.68 Million |
|
Groupe Partouche SA
PA:PAR
|
$36.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TAEYANG Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 184,080,999,890 to 194,225,613,830, a change of 10,144,613,940 (5.5%).
- Net income of 11,852,137,500 contributed positively to equity growth.
- Dividend payments of 1,592,206,200 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩11.85 Billion | +6.1% |
| Dividends Paid | ₩1.59 Billion | -0.82% |
| Other Changes | ₩-115.32 Million | -0.06% |
| Total Change | ₩- | 5.51% |
Book Value vs Market Value Analysis
This analysis compares TAEYANG 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: 0.28x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩18284.14 | ₩6800.00 | x |
| 2017-12-31 | ₩18935.79 | ₩6800.00 | x |
| 2018-12-31 | ₩19065.84 | ₩6800.00 | x |
| 2019-12-31 | ₩19914.78 | ₩6800.00 | x |
| 2020-12-31 | ₩20612.60 | ₩6800.00 | x |
| 2021-12-31 | ₩21158.53 | ₩6800.00 | x |
| 2022-12-31 | ₩21811.41 | ₩6800.00 | x |
| 2023-12-31 | ₩22439.29 | ₩6800.00 | x |
| 2024-12-31 | ₩23122.76 | ₩6800.00 | x |
| 2025-12-31 | ₩24397.04 | ₩6800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TAEYANG 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): 6.10%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.44%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.14x
- Recent ROE (6.10%) is above the historical average (4.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 7.18% | 4.59% | 1.17x | 1.34x | ₩-3.06 Billion |
| 2012 | 6.81% | 4.19% | 1.19x | 1.36x | ₩-3.67 Billion |
| 2014 | 5.88% | 3.68% | 1.25x | 1.28x | ₩-5.34 Billion |
| 2015 | 2.49% | 2.28% | 0.76x | 1.45x | ₩-9.98 Billion |
| 2016 | 8.83% | 8.67% | 0.77x | 1.33x | ₩-1.71 Billion |
| 2017 | 4.61% | 4.41% | 0.84x | 1.25x | ₩-8.13 Billion |
| 2018 | 1.21% | 1.35% | 0.74x | 1.21x | ₩-13.34 Billion |
| 2019 | 4.65% | 5.19% | 0.76x | 1.18x | ₩-8.49 Billion |
| 2020 | 4.27% | 4.95% | 0.70x | 1.23x | ₩-9.40 Billion |
| 2021 | 2.85% | 3.20% | 0.71x | 1.26x | ₩-12.04 Billion |
| 2022 | 3.79% | 3.78% | 0.83x | 1.22x | ₩-10.78 Billion |
| 2023 | 4.09% | 4.66% | 0.74x | 1.20x | ₩-10.55 Billion |
| 2024 | 4.49% | 5.43% | 0.69x | 1.20x | ₩-10.15 Billion |
| 2025 | 6.10% | 8.44% | 0.63x | 1.14x | ₩-7.57 Billion |
Industry Comparison
This section compares TAEYANG Corporation's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,108,606,879,159
- Average return on equity (ROE) among peers: 5.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TAEYANG Corporation (053620) | ₩204.50 Billion | 7.18% | 0.17x | $36.69 Million |
| DL Holdings CO. LTD. (000210) | $1.84 Trillion | 11.74% | 1.01x | $770.22 Million |
| DL Holdings Co Ltd Preferred (000215) | $6.74 Trillion | 9.87% | 1.00x | $28.99 Million |
| Norooholdings (000320) | $577.97 Billion | 2.42% | 0.82x | $111.47 Million |
| Noroo Holdings Co Ltd (000325) | $402.45 Billion | 6.47% | 1.12x | $4.50 Million |
| Samhwa Paint (000390) | $287.82 Billion | 8.63% | 0.78x | $116.54 Million |
| Kangnam Jevisco Co Ltd (000860) | $661.93 Billion | 6.82% | 0.37x | $110.30 Million |
| Paik Kwang Ind (001340) | $130.21 Billion | 4.87% | 1.15x | $145.71 Million |
| Bo Lak (002760) | $39.25 Billion | 1.83% | 0.27x | $40.59 Million |
| Songwon Industrial (004430) | $288.63 Billion | -4.39% | 1.97x | $188.51 Million |
| Cho Kwang Pain (004910) | $116.11 Billion | 5.19% | 0.74x | $23.89 Million |
About TAEYANG Corporation
TAEYANG Corporation provides portable butane gas cartridges, stoves, and gas filling and aerosol products in South Korea. It offers portable fuel products, including portable butane gas, portable lighter gas refills, portable camping gas, portable fuel, sun fuel gas stoves, and mini sun fuel gas cartridges; LPG and pure butane gas under the ALPS name for use in mountain climbing; and lighter gas,… Read more