PJ Metal Co. Ltd
PJ Metal Co., Ltd. engages in the manufacturing of aluminum deoxidizers and billets in South Korea. The company's aluminum deoxidizers include pellets, mini-pellets, and shot deoxidizers, which are used to remove the oxygen contained in molten iron. It also offers aluminum flux, which consists of slab stabilizers and deoxidizers that enhances the yield rate of valid ingredients in the molten iron… Read more
PJ Metal Co. Ltd (128660) - Net Assets
Latest net assets as of September 2025: ₩73.24 Billion KRW
Based on the latest financial reports, PJ Metal Co. Ltd (128660) has net assets worth ₩73.24 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 (₩153.04 Billion) and total liabilities (₩79.80 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 | ₩73.24 Billion |
| % of Total Assets | 47.86% |
| Annual Growth Rate | 9.64% |
| 5-Year Change | 63.43% |
| 10-Year Change | 113.33% |
| Growth Volatility | 12.53 |
PJ Metal Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how PJ Metal 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 PJ Metal Co. Ltd (2014–2024)
The table below shows the annual net assets of PJ Metal Co. Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩69.67 Billion | -7.41% |
| 2023-12-31 | ₩75.24 Billion | +23.23% |
| 2022-12-31 | ₩61.06 Billion | +4.14% |
| 2021-12-31 | ₩58.63 Billion | +37.54% |
| 2020-12-31 | ₩42.63 Billion | +5.18% |
| 2019-12-31 | ₩40.53 Billion | -0.90% |
| 2018-12-31 | ₩40.90 Billion | +1.22% |
| 2017-12-31 | ₩40.41 Billion | +8.24% |
| 2016-12-31 | ₩37.33 Billion | +14.30% |
| 2015-12-31 | ₩32.66 Billion | +17.63% |
| 2014-12-31 | ₩27.76 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PJ Metal 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 257.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩48.56 Billion | 69.70% |
| Common Stock | ₩12.40 Billion | 17.80% |
| Other Components | ₩8.70 Billion | 12.49% |
| Total Equity | ₩69.67 Billion | 100.00% |
PJ Metal Co. Ltd Competitors by Market Cap
The table below lists competitors of PJ Metal Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ITALIAN SEA GROUP
F:6QN
|
$19.96 Million |
|
Rio Paranapanema Energia S.A
SA:GEPA3
|
$19.96 Million |
|
Gratitude Infinite Public Company Limited
BK:GIFT
|
$19.97 Million |
|
RaemongRaein Co. Ltd.
KQ:200350
|
$19.98 Million |
|
AVALON ADV. MAT. INC.
F:OU5A
|
$19.96 Million |
|
MARINUS PHARMAC. DL-001
F:61Y
|
$19.96 Million |
|
Rushil Decor Limited
NSE:RUSHIL
|
$19.96 Million |
|
DeepMarkit Corp.
NASDAQ:MKTSF
|
$19.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PJ Metal Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 70,982,275,240 to 69,668,285,600, a change of -1,313,989,640 (-1.9%).
- Net income of 2,824,868,840 contributed positively to equity growth.
- Dividend payments of 3,720,505,350 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.82 Billion | +4.05% |
| Dividends Paid | ₩3.72 Billion | -5.34% |
| Other Changes | ₩-418.35 Million | -0.6% |
| Total Change | ₩- | -1.85% |
Book Value vs Market Value Analysis
This analysis compares PJ Metal 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: 1.18x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.20x to 1.18x 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 | ₩1504.97 | ₩3315.00 | x |
| 2017-12-31 | ₩1629.03 | ₩3315.00 | x |
| 2018-12-31 | ₩1648.89 | ₩3315.00 | x |
| 2019-12-31 | ₩1634.01 | ₩3315.00 | x |
| 2020-12-31 | ₩1718.70 | ₩3315.00 | x |
| 2021-12-31 | ₩2363.88 | ₩3315.00 | x |
| 2022-12-31 | ₩2461.64 | ₩3315.00 | x |
| 2023-12-31 | ₩2861.80 | ₩3315.00 | x |
| 2024-12-31 | ₩2808.82 | ₩3315.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PJ Metal 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): 4.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.11%
- • Asset Turnover: 1.95x
- • Equity Multiplier: 1.88x
- Recent ROE (4.05%) is below the historical average (12.70%), 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 | 16.46% | 3.95% | 2.17x | 1.92x | ₩1.79 Billion |
| 2015 | 15.80% | 5.06% | 1.76x | 1.77x | ₩1.89 Billion |
| 2016 | 6.41% | 2.41% | 1.34x | 1.98x | ₩-1.34 Billion |
| 2017 | 13.25% | 3.96% | 1.83x | 1.83x | ₩1.31 Billion |
| 2018 | 7.88% | 2.15% | 2.22x | 1.65x | ₩-866.24 Million |
| 2019 | 5.21% | 1.49% | 2.21x | 1.59x | ₩-1.94 Billion |
| 2020 | 11.14% | 3.71% | 1.90x | 1.58x | ₩485.38 Million |
| 2021 | 31.30% | 7.45% | 2.92x | 1.44x | ₩12.49 Billion |
| 2022 | 9.47% | 2.15% | 2.38x | 1.85x | ₩-323.37 Million |
| 2023 | 18.69% | 5.79% | 1.71x | 1.89x | ₩6.17 Billion |
| 2024 | 4.05% | 1.11% | 1.95x | 1.88x | ₩-4.14 Billion |
Industry Comparison
This section compares PJ Metal Co. Ltd's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $167,070,602,787
- Average return on equity (ROE) among peers: 3.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PJ Metal Co. Ltd (128660) | ₩73.24 Billion | 16.46% | 1.09x | $19.96 Million |
| Aluko Co Ltd (001780) | $261.90 Billion | -5.63% | 1.68x | $75.46 Million |
| Sam-A Aluminiu (006110) | $108.83 Billion | 4.55% | 0.92x | $133.88 Million |
| Sammok S-Form Co.Ltd (018310) | $330.30 Billion | 11.97% | 0.13x | $50.95 Million |
| Choil Aluminum (018470) | $199.62 Billion | 5.50% | 1.11x | $67.33 Million |
| Daeho Al Co. Ltd. (069460) | $41.25 Billion | 10.84% | 2.23x | $25.98 Million |
| Green Plus Co. Ltd (186230) | $60.52 Billion | -4.45% | 0.75x | $22.91 Million |