Bokwang Industry Co Ltd
HC BoKwang Industry Co.,Ltd manufactures and sells aggregates, ascons, and ready mixed concrete in South Korea. HC BoKwang Industry Co.,Ltd was formerly known as Bokwang Industry Co., Ltd. and changed its name to HC BoKwang Industry Co.,Ltd in July 2025. The company was founded in 1998 and is headquartered in Daegu, South Korea.
Bokwang Industry Co Ltd (225530) - Net Assets
Latest net assets as of September 2025: ₩92.75 Billion KRW
Based on the latest financial reports, Bokwang Industry Co Ltd (225530) has net assets worth ₩92.75 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 (₩173.97 Billion) and total liabilities (₩81.22 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 | ₩92.75 Billion |
| % of Total Assets | 53.31% |
| Annual Growth Rate | 17.88% |
| 5-Year Change | 28.66% |
| 10-Year Change | 127.14% |
| Growth Volatility | 36.18 |
Bokwang Industry Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Bokwang Industry 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 Bokwang Industry Co Ltd (2014–2024)
The table below shows the annual net assets of Bokwang Industry Co Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩99.73 Billion | +4.79% |
| 2023-12-31 | ₩95.18 Billion | +7.03% |
| 2022-12-31 | ₩88.92 Billion | +5.44% |
| 2021-12-31 | ₩84.34 Billion | +8.80% |
| 2020-12-31 | ₩77.52 Billion | +14.43% |
| 2019-12-31 | ₩67.75 Billion | +17.61% |
| 2018-12-31 | ₩57.60 Billion | -1.58% |
| 2017-12-31 | ₩58.53 Billion | +7.45% |
| 2016-12-31 | ₩54.47 Billion | +24.06% |
| 2015-12-31 | ₩43.91 Billion | +128.18% |
| 2014-12-31 | ₩19.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bokwang Industry 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 497.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩66.59 Billion | 66.76% |
| Common Stock | ₩18.17 Billion | 18.22% |
| Other Components | ₩14.98 Billion | 15.02% |
| Total Equity | ₩99.73 Billion | 100.00% |
Bokwang Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Bokwang Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daesung Private Equity Inc
KQ:027830
|
$20.98 Million |
|
Fks Multi Agro Tbk
JK:FISH
|
$20.98 Million |
|
FASOO.COM Co Ltd
KQ:150900
|
$20.98 Million |
|
myNEWS Holdings Bhd
KLSE:5275
|
$20.99 Million |
|
Formul Plastik ve Metal Sanayi
IS:FRMPL
|
$20.98 Million |
|
GAM Holding AG
PINK:GMHLF
|
$20.97 Million |
|
Wintec Co. Ltd
KQ:320000
|
$20.97 Million |
|
P&H Tech Co. Ltd.
KQ:239890
|
$20.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bokwang Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 95,177,679,020 to 99,733,465,690, a change of 4,555,786,670 (4.8%).
- Net income of 5,238,946,050 contributed positively to equity growth.
- Dividend payments of 5,450,782,650 reduced retained earnings.
- Other factors increased equity by 4,767,623,270.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩5.24 Billion | +5.25% |
| Dividends Paid | ₩5.45 Billion | -5.47% |
| Other Changes | ₩4.77 Billion | +4.78% |
| Total Change | ₩- | 4.79% |
Book Value vs Market Value Analysis
This analysis compares Bokwang Industry 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: 0.99x
- 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 1.72x to 0.99x 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 | ₩1580.25 | ₩2720.00 | x |
| 2017-12-31 | ₩1697.91 | ₩2720.00 | x |
| 2018-12-31 | ₩1671.06 | ₩2720.00 | x |
| 2019-12-31 | ₩1889.21 | ₩2720.00 | x |
| 2020-12-31 | ₩2133.28 | ₩2720.00 | x |
| 2021-12-31 | ₩2320.95 | ₩2720.00 | x |
| 2022-12-31 | ₩2447.12 | ₩2720.00 | x |
| 2023-12-31 | ₩2619.19 | ₩2720.00 | x |
| 2024-12-31 | ₩2744.56 | ₩2720.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bokwang Industry 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): 5.25%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.20%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.80x
- Recent ROE (5.25%) is below the historical average (14.03%), 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 | 20.42% | 12.47% | 0.68x | 2.41x | ₩2.01 Billion |
| 2015 | 23.02% | 25.10% | 0.47x | 1.93x | ₩5.72 Billion |
| 2016 | 18.74% | 21.40% | 0.54x | 1.61x | ₩4.76 Billion |
| 2017 | 15.58% | 21.69% | 0.47x | 1.54x | ₩3.27 Billion |
| 2018 | 7.93% | 12.23% | 0.40x | 1.61x | ₩-1.19 Billion |
| 2019 | 9.25% | 12.59% | 0.49x | 1.48x | ₩-510.93 Million |
| 2020 | 11.07% | 15.08% | 0.42x | 1.75x | ₩830.69 Million |
| 2021 | 11.99% | 14.06% | 0.49x | 1.73x | ₩1.68 Billion |
| 2022 | 13.58% | 13.80% | 0.60x | 1.64x | ₩3.18 Billion |
| 2023 | 17.51% | 19.50% | 0.52x | 1.74x | ₩7.14 Billion |
| 2024 | 5.25% | 8.20% | 0.36x | 1.80x | ₩-4.73 Billion |
Industry Comparison
This section compares Bokwang Industry Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $729,340,395,312
- Average return on equity (ROE) among peers: 5.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bokwang Industry Co Ltd (225530) | ₩92.75 Billion | 20.42% | 0.88x | $20.98 Million |
| DL Holdings CO. LTD. (000210) | $4.53 Trillion | 19.10% | 0.84x | $381.57 Million |
| Norooholdings (000320) | $402.45 Billion | 6.30% | 1.12x | $45.80 Million |
| Noroo Holdings Co Ltd (000325) | $583.54 Billion | 0.27% | 0.81x | $60.77 Million |
| Samhwa Paint (000390) | $299.72 Billion | 1.87% | 0.96x | $86.24 Million |
| Kangnam Jevisco Co Ltd (000860) | $366.15 Billion | 10.97% | 0.26x | $58.42 Million |
| Paik Kwang Ind (001340) | $204.57 Billion | 3.85% | 1.06x | $113.44 Million |
| Bo Lak (002760) | $43.76 Billion | 2.53% | 0.22x | $30.02 Million |
| Songwon Industrial (004430) | $543.25 Billion | 13.30% | 1.05x | $79.87 Million |
| Cho Kwang Pain (004910) | $172.73 Billion | -1.34% | 0.81x | $17.90 Million |
| Cosmoam&T (005070) | $147.00 Billion | -3.99% | 0.78x | $305.37 Million |