Phoenix Materials Co. Ltd (050090) — Tangible Net Worth Ratio

Latest as of September 2025: 71.7%

Phoenix Materials Co. Ltd (050090) has a Tangible Net Worth Ratio of 71.7% as of September 2025. This metric is calculated by deducting intangible assets (₩3.51 Billion) from net assets (₩12.41 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Phoenix Materials Co. Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

71.7%
Tangible equity / total equity

Net Assets (Equity)

₩12.41 Billion
KRW

Intangible Assets

₩3.51 Billion
Goodwill, patents, brand value

Total Assets

₩15.70 Billion
KRW

Phoenix Materials Co. Ltd Tangible Net Worth Ratio (2004–2024)

This chart shows how Phoenix Materials Co. Ltd's Tangible Net Worth Ratio has changed across 18 annual periods from 2004 to 2024. As of September 2025, the ratio stands at 71.7%, reflecting net assets of ₩12.41 Billion with intangible assets of ₩3.51 Billion KRW. See defensive interval ratio of Phoenix Materials Co. Ltd to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Phoenix Materials Co. Ltd (2004–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Phoenix Materials Co. Ltd from 2004 to 2024, covering 18 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Phoenix Materials Co. Ltd (050090) total market value.

Year Tangible NW Ratio Net Assets (KRW) Intangible Assets Total Assets Change (pp)
2024 76.8% ₩15.06 Billion ₩3.50 Billion ₩18.91 Billion ▼ -3.2 pp
2023 80.0% ₩17.20 Billion ₩3.44 Billion ₩21.82 Billion ▼ -4.1 pp
2022 84.1% ₩22.25 Billion ₩3.53 Billion ₩28.96 Billion ▼ -1.0 pp
2021 85.1% ₩25.07 Billion ₩3.74 Billion ₩42.17 Billion ▼ -1.6 pp
2020 86.7% ₩28.05 Billion ₩3.74 Billion ₩44.60 Billion ▲ +5.1 pp
2019 81.5% ₩27.29 Billion ₩5.04 Billion ₩44.27 Billion ▼ -0.4 pp
2018 81.9% ₩27.87 Billion ₩5.04 Billion ₩33.55 Billion ▼ -0.4 pp
2017 82.3% ₩30.82 Billion ₩5.45 Billion ₩44.14 Billion ▼ -0.4 pp
2016 82.7% ₩29.08 Billion ₩5.04 Billion ₩51.93 Billion ▲ +8.8 pp
2015 73.8% ₩21.91 Billion ₩5.73 Billion ₩53.62 Billion ▼ -7.7 pp
2014 81.6% ₩27.97 Billion ₩5.16 Billion ₩80.64 Billion ▼ -5.8 pp
2013 87.4% ₩43.28 Billion ₩5.46 Billion ₩101.31 Billion ▲ +0.0 pp
2012 87.4% ₩45.35 Billion ₩5.73 Billion ₩109.06 Billion ▼ -10.4 pp
2011 97.8% ₩36.77 Billion ₩819.31 Million ₩118.07 Billion ▲ +4.8 pp
2007 93.0% ₩12.58 Billion ₩885.63 Million ₩138.87 Billion ▼ -6.8 pp
2006 99.8% ₩67.42 Billion ₩146.57 Million ₩173.91 Billion ▲ +0.0 pp
2005 99.7% ₩65.14 Billion ₩170.70 Million ₩133.61 Billion ▼ -0.3 pp
2004 100.0% ₩52.53 Billion ₩0.00 ₩102.71 Billion
pp = percentage points