Taewoong Logistics Co.Ltd
Taewoong Logistics Co., Ltd., a logistics company, provides various transport services by sea, air, bulk project, and inland transportation in South Korea and internationally. The company offers integrated logistics service, including export/import sea, air, railway, project transport, customs clearance, insurance, and loading and unloading services; and develops/operates logistics system through… Read more
Taewoong Logistics Co.Ltd (124560) - Net Assets
Latest net assets as of September 2025: ₩253.36 Billion KRW
Based on the latest financial reports, Taewoong Logistics Co.Ltd (124560) has net assets worth ₩253.36 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 (₩542.45 Billion) and total liabilities (₩289.09 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 | ₩253.36 Billion |
| % of Total Assets | 46.71% |
| Annual Growth Rate | 34.64% |
| 5-Year Change | 327.29% |
| 10-Year Change | N/A |
| Growth Volatility | 36.04 |
Taewoong Logistics Co.Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Taewoong Logistics 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 Taewoong Logistics Co.Ltd (2014–2024)
The table below shows the annual net assets of Taewoong Logistics Co.Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩252.36 Billion | +12.40% |
| 2023-12-31 | ₩224.52 Billion | +7.50% |
| 2022-12-31 | ₩208.85 Billion | +71.95% |
| 2021-12-31 | ₩121.47 Billion | +105.66% |
| 2020-12-31 | ₩59.06 Billion | +43.19% |
| 2019-12-31 | ₩41.25 Billion | +92.50% |
| 2018-12-31 | ₩21.43 Billion | +37.95% |
| 2017-12-31 | ₩15.53 Billion | +3.85% |
| 2015-12-31 | ₩14.96 Billion | +16.07% |
| 2014-12-31 | ₩12.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taewoong Logistics 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 2659.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩239.20 Billion | 94.78% |
| Common Stock | ₩3.84 Billion | 1.52% |
| Other Components | ₩9.32 Billion | 3.69% |
| Total Equity | ₩252.36 Billion | 100.00% |
Taewoong Logistics Co.Ltd Competitors by Market Cap
The table below lists competitors of Taewoong Logistics Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Invictus Energy Ltd
AU:IVZ
|
$41.62 Million |
|
Dwarikesh Sugar Industries Limited
NSE:DWARKESH
|
$41.62 Million |
|
Wemade Max Co. Ltd
KQ:101730
|
$41.64 Million |
|
Inversa Prime SOCIMI S.A.
MC:YIPS
|
$41.66 Million |
|
Alucon Public Company Limited
BK:ALUCON
|
$41.60 Million |
|
SBI Investment KOREA Co. Ltd
KQ:019550
|
$41.60 Million |
|
1ST SUMMIT BANCORP of Johnstown Inc
PINK:FSMK
|
$41.58 Million |
|
Etteplan Oyj
HE:ETTE
|
$41.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taewoong Logistics Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 223,709,305,820 to 252,360,243,440, a change of 28,650,937,620 (12.8%).
- Net income of 30,180,681,300 contributed positively to equity growth.
- Dividend payments of 2,971,864,210 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩30.18 Billion | +11.96% |
| Dividends Paid | ₩2.97 Billion | -1.18% |
| Other Changes | ₩1.44 Billion | +0.57% |
| Total Change | ₩- | 12.81% |
Book Value vs Market Value Analysis
This analysis compares Taewoong Logistics 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: 0.41x
- 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 increased from 0.05x to 0.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | ₩52476.54 | ₩2835.00 | x |
| 2017-12-31 | ₩459.51 | ₩2835.00 | x |
| 2018-12-31 | ₩633.91 | ₩2835.00 | x |
| 2019-12-31 | ₩1220.30 | ₩2835.00 | x |
| 2020-12-31 | ₩1571.88 | ₩2835.00 | x |
| 2021-12-31 | ₩3232.74 | ₩2835.00 | x |
| 2022-12-31 | ₩5614.43 | ₩2835.00 | x |
| 2023-12-31 | ₩6185.87 | ₩2835.00 | x |
| 2024-12-31 | ₩6978.11 | ₩2835.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taewoong Logistics 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): 11.96%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.89%
- • Asset Turnover: 1.95x
- • Equity Multiplier: 2.12x
- Recent ROE (11.96%) is below the historical average (24.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 12.96% | 0.73% | 3.78x | 4.71x | ₩381.24 Million |
| 2015 | 37.12% | 3.08% | 4.13x | 2.92x | ₩4.06 Billion |
| 2017 | 1.14% | 0.07% | 4.35x | 3.77x | ₩-1.38 Billion |
| 2018 | 34.35% | 3.02% | 3.68x | 3.09x | ₩5.22 Billion |
| 2019 | 23.26% | 3.35% | 3.27x | 2.12x | ₩5.47 Billion |
| 2020 | 13.29% | 2.30% | 2.78x | 2.08x | ₩1.94 Billion |
| 2021 | 52.42% | 6.78% | 2.85x | 2.71x | ₩51.53 Billion |
| 2022 | 44.74% | 7.03% | 3.54x | 1.80x | ₩72.55 Billion |
| 2023 | 12.05% | 3.50% | 1.86x | 1.86x | ₩4.58 Billion |
| 2024 | 11.96% | 2.89% | 1.95x | 2.12x | ₩4.94 Billion |
Industry Comparison
This section compares Taewoong Logistics 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: $611,571,195,106
- Average return on equity (ROE) among peers: 17.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taewoong Logistics Co.Ltd (124560) | ₩253.36 Billion | 12.96% | 1.14x | $41.61 Million |
| CJ Korea Express (000120) | $2.78 Trillion | 1.13% | 1.27x | $611.91 Million |
| Hanjin Transportation Co. Ltd. (002320) | $1.52 Trillion | -0.28% | 1.75x | $108.00 Million |
| Dongbang Trans (004140) | $159.17 Billion | 12.88% | 2.96x | $69.11 Million |
| Sebang (004360) | $431.34 Billion | 4.98% | 0.78x | $111.75 Million |
| Sebang Co Ltd (004365) | $750.48 Billion | 5.60% | 0.25x | $70.43 Million |
| KCTC Co. Ltd (009070) | $121.92 Billion | 1.35% | 0.83x | $60.69 Million |
| Hansol Csn (009180) | $40.43 Billion | 139.11% | 1.23x | $33.82 Million |
| Han Express (014130) | $72.11 Billion | 7.96% | 2.70x | $10.83 Million |
| Yoosung T&S Co. Ltd (024800) | $105.18 Billion | 0.99% | 2.13x | $24.84 Million |
| COWELL FASHION Co.Ltd (033290) | $128.42 Billion | 0.00% | 0.86x | $20.14 Million |