Purit Co. Ltd.
Purit Co., Ltd. engages in the refining and marketing of organic solvents. It produces raw materials of thinners for wafer edge bead remover and resist reduced coating thinners used in semiconductor processes; and industrial chemicals used for industrial raw materials, such as paints and coatings. The company was formerly known as Syndip Co., Ltd. and changed its name to Purit Co., Ltd. in 2023. … Read more
Purit Co. Ltd. (445180) - Net Assets
Latest net assets as of September 2025: ₩103.76 Billion KRW
Based on the latest financial reports, Purit Co. Ltd. (445180) has net assets worth ₩103.76 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 (₩117.86 Billion) and total liabilities (₩14.10 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 | ₩103.76 Billion |
| % of Total Assets | 88.04% |
| Annual Growth Rate | 52.52% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 42.72 |
Purit Co. Ltd. - Net Assets Trend (2022–2025)
This chart illustrates how Purit 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 Purit Co. Ltd. (2022–2025)
The table below shows the annual net assets of Purit Co. Ltd. from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ₩93.27 Billion | +12.03% |
| 2024-06-30 | ₩83.26 Billion | +115.00% |
| 2023-06-30 | ₩38.72 Billion | +47.33% |
| 2022-06-30 | ₩26.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Purit 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 1037.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩37.69 Billion | 40.40% |
| Common Stock | ₩8.38 Billion | 8.99% |
| Other Components | ₩47.20 Billion | 50.61% |
| Total Equity | ₩93.27 Billion | 100.00% |
Purit Co. Ltd. Competitors by Market Cap
The table below lists competitors of Purit Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tailim Packaging Co Ltd
KO:011280
|
$26.54 Million |
|
Enegex Ltd
AU:ENX
|
$26.54 Million |
|
Hyosung Itx
KO:094280
|
$26.55 Million |
|
LTCEF
OTCGREY:LTCEF
|
$26.55 Million |
|
Evertex Fabrinology Ltd
TW:1470
|
$26.53 Million |
|
Hotel Property Investments Ltd
AU:HPI
|
$26.52 Million |
|
Busan Ind
KO:011390
|
$26.52 Million |
|
Covalon Technologies Ltd
OTCQX:CVALF
|
$26.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Purit Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 83,256,336,430 to 93,272,538,350, a change of 10,016,201,920 (12.0%).
- Net income of 11,821,973,960 contributed positively to equity growth.
- Dividend payments of 838,459,400 reduced retained earnings.
- Other factors decreased equity by 967,312,640.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩11.82 Billion | +12.67% |
| Dividends Paid | ₩838.46 Million | -0.9% |
| Other Changes | ₩-967.31 Million | -1.04% |
| Total Change | ₩- | 12.03% |
Book Value vs Market Value Analysis
This analysis compares Purit 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: 1.71x
- 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 6.07x to 1.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | ₩1567.35 | ₩9520.00 | x |
| 2023-06-30 | ₩2309.20 | ₩9520.00 | x |
| 2024-06-30 | ₩4964.84 | ₩9520.00 | x |
| 2025-06-30 | ₩5562.14 | ₩9520.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Purit 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): 12.67%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.65%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 1.11x
- Recent ROE (12.67%) is below the historical average (21.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 28.34% | 6.98% | 1.88x | 2.16x | ₩4.82 Billion |
| 2023 | 29.84% | 8.41% | 2.12x | 1.67x | ₩7.68 Billion |
| 2024 | 14.52% | 10.04% | 1.21x | 1.19x | ₩3.76 Billion |
| 2025 | 12.67% | 9.65% | 1.18x | 1.11x | ₩2.49 Billion |
Industry Comparison
This section compares Purit 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 |
|---|---|---|---|---|
| Purit Co. Ltd. (445180) | ₩103.76 Billion | 28.34% | 0.14x | $26.53 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 |