JC Chemical Co. Ltd
JC Chemical Co., Ltd., a renewable energy company, engages in the production and sale of biodiesels in South Korea, Indonesia, the Americas, and Europe. It offers biodiesel, bio heavy, marine biofuel, glycerin, and palm oil, as well as operates research center. The company was founded in 2006 and is headquartered in Ulsan, South Korea.
JC Chemical Co. Ltd (137950) - Net Assets
Latest net assets as of September 2025: ₩153.91 Billion KRW
Based on the latest financial reports, JC Chemical Co. Ltd (137950) has net assets worth ₩153.91 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 (₩368.49 Billion) and total liabilities (₩214.58 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 | ₩153.91 Billion |
| % of Total Assets | 41.77% |
| Annual Growth Rate | 11.34% |
| 5-Year Change | 61.84% |
| 10-Year Change | 190.07% |
| Growth Volatility | 12.94 |
JC Chemical Co. Ltd - Net Assets Trend (2012–2024)
This chart illustrates how JC Chemical 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 JC Chemical Co. Ltd (2012–2024)
The table below shows the annual net assets of JC Chemical Co. Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩163.79 Billion | +1.90% |
| 2023-12-31 | ₩160.73 Billion | +8.98% |
| 2022-12-31 | ₩147.48 Billion | +12.30% |
| 2021-12-31 | ₩131.33 Billion | +29.77% |
| 2020-12-31 | ₩101.20 Billion | +7.93% |
| 2019-12-31 | ₩93.77 Billion | +31.30% |
| 2018-12-31 | ₩71.42 Billion | +6.50% |
| 2017-12-31 | ₩67.06 Billion | -1.11% |
| 2016-12-31 | ₩67.81 Billion | +20.09% |
| 2015-12-31 | ₩56.47 Billion | +33.39% |
| 2014-12-31 | ₩42.33 Billion | -5.49% |
| 2013-12-31 | ₩44.79 Billion | -0.71% |
| 2012-12-31 | ₩45.11 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to JC Chemical 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 11765938745000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩117.66 Billion | 71.84% |
| Common Stock | ₩11.13 Billion | 6.80% |
| Other Components | ₩35.00 Billion | 21.37% |
| Total Equity | ₩163.79 Billion | 100.00% |
JC Chemical Co. Ltd Competitors by Market Cap
The table below lists competitors of JC Chemical Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eco World International Bhd
KLSE:5283
|
$31.27 Million |
|
Enrestec Inc.
TWO:7507
|
$31.28 Million |
|
Azerion Group N.V.
AS:AZRN
|
$31.29 Million |
|
High Co. SA
PA:HCO
|
$31.29 Million |
|
Tefron Ltd
PINK:TFRFF
|
$31.25 Million |
|
Awanbiru Technology Bhd
KLSE:5204
|
$31.24 Million |
|
Hunter Group ASA
OL:HUNT
|
$31.23 Million |
|
Papoutsanis S.A
AT:PAP
|
$31.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JC Chemical Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 164,816,989,130 to 163,790,981,400, a change of -1,026,007,730 (-0.6%).
- Net income of 6,070,736,360 contributed positively to equity growth.
- Dividend payments of 3,294,367,950 reduced retained earnings.
- Share repurchases of 1,984,507,000 reduced equity.
- Other factors decreased equity by 1,817,869,140.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.07 Billion | +3.71% |
| Dividends Paid | ₩3.29 Billion | -2.01% |
| Share Repurchases | ₩1.98 Billion | -1.21% |
| Other Changes | ₩-1.82 Billion | -1.11% |
| Total Change | ₩- | -0.62% |
Book Value vs Market Value Analysis
This analysis compares JC Chemical 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: 0.50x
- 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 1.07x to 0.50x 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 | ₩3572.83 | ₩3815.00 | x |
| 2017-12-31 | ₩3522.38 | ₩3815.00 | x |
| 2018-12-31 | ₩3729.79 | ₩3815.00 | x |
| 2019-12-31 | ₩4281.05 | ₩3815.00 | x |
| 2020-12-31 | ₩4608.05 | ₩3815.00 | x |
| 2021-12-31 | ₩5979.83 | ₩3815.00 | x |
| 2022-12-31 | ₩6715.14 | ₩3815.00 | x |
| 2023-12-31 | ₩7504.49 | ₩3815.00 | x |
| 2024-12-31 | ₩7588.56 | ₩3815.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JC Chemical 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): 3.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.65%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 2.03x
- Recent ROE (3.71%) is below the historical average (8.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 6.05% | 2.84% | 1.56x | 1.37x | ₩-1.72 Billion |
| 2013 | 4.18% | 1.78% | 1.34x | 1.75x | ₩-2.52 Billion |
| 2014 | -3.81% | -2.05% | 0.72x | 2.57x | ₩-5.69 Billion |
| 2015 | 5.44% | 2.79% | 0.80x | 2.43x | ₩-2.58 Billion |
| 2016 | 18.43% | 8.07% | 1.05x | 2.17x | ₩5.72 Billion |
| 2017 | 0.23% | 0.09% | 1.17x | 2.19x | ₩-6.55 Billion |
| 2018 | 5.97% | 2.35% | 1.05x | 2.42x | ₩-2.88 Billion |
| 2019 | 12.15% | 5.63% | 0.85x | 2.53x | ₩2.01 Billion |
| 2020 | 7.74% | 2.93% | 1.11x | 2.38x | ₩-2.29 Billion |
| 2021 | 24.95% | 8.34% | 1.22x | 2.44x | ₩19.63 Billion |
| 2022 | 13.83% | 3.99% | 1.66x | 2.09x | ₩5.65 Billion |
| 2023 | 12.60% | 4.73% | 1.46x | 1.82x | ₩4.29 Billion |
| 2024 | 3.71% | 1.65% | 1.11x | 2.03x | ₩-10.31 Billion |
Industry Comparison
This section compares JC Chemical Co. Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,252,997,989,292
- Average return on equity (ROE) among peers: 8.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JC Chemical Co. Ltd (137950) | ₩153.91 Billion | 6.05% | 1.39x | $31.25 Million |
| Rifa Ind (000760) | $181.15 Billion | -1.86% | 0.48x | $8.66 Million |
| Kumyang (001570) | $57.95 Billion | 24.95% | 1.85x | $316.82 Million |
| Sh E & Chemical Co. Ltd. (002360) | $94.10 Billion | 1.96% | 0.32x | $20.38 Million |
| KCC Corporation (002380) | $5.09 Trillion | 4.87% | 0.38x | $1.65 Billion |
| Miwon Commerci (002840) | $239.21 Billion | 9.14% | 0.38x | $100.20 Million |
| Taekwang Ind (003240) | $3.48 Trillion | 3.91% | 0.25x | $160.16 Million |
| Lotte Fine Chemical Co Ltd (004000) | $2.20 Trillion | 26.63% | 0.24x | $496.67 Million |
| Dongjin Semichem Co. Ltd (005290) | $133.88 Billion | 0.00% | 3.14x | $1.06 Billion |
| Isu Chemical Co Ltd (005950) | $279.30 Billion | 6.94% | 0.54x | $85.98 Million |
| Korea Petro Chemical Ind (006650) | $768.68 Billion | 3.91% | 0.65x | $316.72 Million |