Tongyang Pile Inc (228340) — Tangible Net Worth Ratio

Latest as of September 2025: 99.6%

Tongyang Pile Inc (228340) has a Tangible Net Worth Ratio of 99.6% as of September 2025. This metric is calculated by deducting intangible assets (₩502.12 Million) from net assets (₩118.80 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 how liquid is Tongyang Pile Inc's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

99.6%
Tangible equity / total equity

Net Assets (Equity)

₩118.80 Billion
KRW

Intangible Assets

₩502.12 Million
Goodwill, patents, brand value

Total Assets

₩124.29 Billion
KRW

Tongyang Pile Inc Tangible Net Worth Ratio (2015–2024)

This chart shows how Tongyang Pile Inc's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 99.6%, reflecting net assets of ₩118.80 Billion with intangible assets of ₩502.12 Million KRW. See 228340 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Tongyang Pile Inc (2015–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Tongyang Pile Inc from 2015 to 2024, covering 10 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 market value of Tongyang Pile Inc.

Year Tangible NW Ratio Net Assets (KRW) Intangible Assets Total Assets Change (pp)
2024 99.8% ₩122.80 Billion ₩271.72 Million ₩128.45 Billion ▼ 0.0 pp
2023 99.8% ₩128.08 Billion ₩271.72 Million ₩135.28 Billion ▲ +0.0 pp
2022 99.8% ₩122.91 Billion ₩271.72 Million ₩129.41 Billion ▲ +0.0 pp
2021 99.8% ₩118.03 Billion ₩271.72 Million ₩126.03 Billion ▼ -0.2 pp
2020 100.0% ₩115.63 Billion ₩6.00 Million ₩122.31 Billion ▲ +0.0 pp
2019 100.0% ₩122.25 Billion ₩42.00 Million ₩129.95 Billion ▲ +0.0 pp
2018 99.9% ₩137.52 Billion ₩78.00 Million ₩148.13 Billion ▲ +0.0 pp
2017 99.9% ₩146.89 Billion ₩114.63 Million ₩159.70 Billion ▲ +0.0 pp
2016 99.9% ₩143.69 Billion ₩151.58 Million ₩188.75 Billion ▼ -0.1 pp
2015 100.0% ₩75.59 Billion ₩2.52 Million ₩163.11 Billion
pp = percentage points