Choheung
Choheung Corporation produces dairy products. Its products include yeast, bread cream, cheese, pizza, and meal kits. The company was formerly known as Choheung Chemical Industry Co., Ltd. and changed its name to Choheung Corporation in September 2004. Choheung Corporation was founded in 1959 and is headquartered in Ansan-Si, South Korea.
Choheung (002600) - Total Assets
Latest total assets as of September 2025: ₩436.26 Billion KRW
Based on the latest financial reports, Choheung (002600) holds total assets worth ₩436.26 Billion KRW as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Choheung - Total Assets Trend (2013–2024)
This chart illustrates how Choheung’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Choheung - Asset Composition Analysis
Current Asset Composition (December 2024)
Choheung's total assets of ₩436.26 Billion consist of 58.3% current assets and 41.7% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 5.3% |
| Accounts Receivable | ₩60.62 Billion | 15.2% |
| Inventory | ₩115.49 Billion | 28.9% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩2.88 Billion | 0.7% |
| Goodwill | ₩6.34 Billion | 1.6% |
Asset Composition Trend (2013–2024)
This chart illustrates how Choheung's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Choheung's current assets represent 58.3% of total assets in 2024, an increase from 51.5% in 2013.
- Cash Position: Cash and equivalents constituted 5.3% of total assets in 2024, up from 3.2% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 28.9% of total assets.
Choheung Competitors by Total Assets
Key competitors of Choheung based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
B&G Foods Inc
NYSE:BGS
|
USA | $2.94 Billion |
|
Tangrenshen Group Co Ltd
SHE:002567
|
China | CN¥17.90 Billion |
|
Shenzhen Shenbao Industrial Co Ltd
SHE:000019
|
China | CN¥7.01 Billion |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
China | CN¥6.08 Billion |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
China | CN¥4.57 Billion |
|
CNFC Overseas Fishery Co Ltd
SHE:000798
|
China | CN¥5.88 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
China | CN¥40.64 Billion |
Choheung - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Choheung generates 1.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Choheung generates $ 0.63 in net profit.
Choheung - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.91 | 1.23 | 1.32 |
| Quick Ratio | 0.42 | 0.65 | 0.71 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩-24.67 Billion | ₩ 49.52 Billion | ₩ 34.11 Billion |
Choheung - Advanced Valuation Insights
This section examines the relationship between Choheung's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.64 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 1.3% |
| Total Assets | ₩399.12 Billion |
| Market Capitalization | $16.25 Million USD |
Valuation Analysis
Below Book Valuation: The market values Choheung's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Choheung's assets grew by 1.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Choheung (2013–2024)
The table below shows the annual total assets of Choheung from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩399.12 Billion | +1.30% |
| 2023-12-31 | ₩394.00 Billion | -9.16% |
| 2022-12-31 | ₩433.76 Billion | +62.12% |
| 2021-12-31 | ₩267.56 Billion | +7.75% |
| 2020-12-31 | ₩248.31 Billion | +13.89% |
| 2019-12-31 | ₩218.03 Billion | +11.63% |
| 2018-12-31 | ₩195.31 Billion | +15.93% |
| 2017-12-31 | ₩168.47 Billion | +3.07% |
| 2016-12-31 | ₩163.46 Billion | +9.71% |
| 2015-12-31 | ₩148.99 Billion | +14.09% |
| 2014-12-31 | ₩130.59 Billion | +10.63% |
| 2013-12-31 | ₩118.04 Billion | -- |