Tongyang Life
Tong Yang Life Insurance Co., Ltd. engages in the life insurance business in South Korea. The company also offers death, illness, accident compensation insurance and child insurance services; and retirement pension services and asset management services. It provides its insurance services directly and through general agencies, as well as through 5 business units. Tong Yang Life Insurance Co., Ltd… Read more
Tongyang Life (082640) - Total Assets
Latest total assets as of September 2025: ₩35.69 Trillion KRW
Based on the latest financial reports, Tongyang Life (082640) holds total assets worth ₩35.69 Trillion 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.
Tongyang Life - Total Assets Trend (2007–2024)
This chart illustrates how Tongyang Life’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tongyang Life - Asset Composition Analysis
Current Asset Composition (December 2024)
Tongyang Life's total assets of ₩35.69 Trillion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 2.9% |
| Accounts Receivable | ₩0.00 | 0.0% |
| Inventory | ₩0.00 | 0.0% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩18.70 Billion | 0.1% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Tongyang Life'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: Tongyang Life's current assets represent 0.0% of total assets in 2024, unchanged from 0.0% in 2007.
- Cash Position: Cash and equivalents constituted 2.9% of total assets in 2024, down from 4.6% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is intangible assets at 0.1% of total assets.
Tongyang Life Competitors by Total Assets
Key competitors of Tongyang Life based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hubei Biocause Pharmaceutical
SHE:000627
|
China | CN¥285.15 Billion |
|
COFCO Capital Holdings Co Ltd
SHE:002423
|
China | CN¥174.30 Billion |
|
Samsung Life
KO:032830
|
Korea | ₩350.69 Trillion |
|
Mirae Asset Life Insurance Co Ltd
KO:085620
|
Korea | ₩33.22 Trillion |
|
Hanwha Life
KO:088350
|
Korea | ₩168.94 Trillion |
|
Manulife Holdings Bhd
KLSE:1058
|
Malaysia | RM8.08 Billion |
|
Mercuries Life Insurance Co Ltd
TW:2867
|
Taiwan | NT$1.60 Trillion |
|
Fubon Financial Holding Co Ltd
TW:2881
|
Taiwan | NT$12.40 Trillion |
Tongyang Life - 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
Lower asset utilization - Tongyang Life generates 0.07x 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, Tongyang Life generates $ 0.91 in net profit.
Tongyang Life - 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 | 98.28 | 0.57 | 1.94 |
| Quick Ratio | 98.28 | 0.57 | 1.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩24.33 Trillion | ₩ -1.20 Trillion | ₩ 1.65 Trillion |
Tongyang Life - Advanced Valuation Insights
This section examines the relationship between Tongyang Life'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 | 0.72 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 5.1% |
| Total Assets | ₩34.55 Trillion |
| Market Capitalization | $656.57 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tongyang Life's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Tongyang Life's assets grew by 5.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tongyang Life (2007–2024)
The table below shows the annual total assets of Tongyang Life from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩34.55 Trillion | +5.10% |
| 2023-12-31 | ₩32.87 Trillion | -5.73% |
| 2022-12-31 | ₩34.87 Trillion | -6.03% |
| 2021-12-31 | ₩37.10 Trillion | +2.35% |
| 2020-12-31 | ₩36.25 Trillion | +6.79% |
| 2019-12-31 | ₩33.95 Trillion | +6.35% |
| 2018-12-31 | ₩31.92 Trillion | +5.20% |
| 2017-12-31 | ₩30.34 Trillion | +13.56% |
| 2016-12-31 | ₩26.72 Trillion | +18.12% |
| 2015-12-31 | ₩22.62 Trillion | +10.75% |
| 2014-12-31 | ₩20.43 Trillion | +13.08% |
| 2013-12-31 | ₩18.06 Trillion | +2.27% |
| 2012-12-31 | ₩17.66 Trillion | +20.52% |
| 2011-12-31 | ₩14.65 Trillion | +13.48% |
| 2010-12-31 | ₩12.91 Trillion | +16.33% |
| 2009-12-31 | ₩11.10 Trillion | +21.29% |
| 2008-12-31 | ₩9.15 Trillion | +14.09% |
| 2007-12-31 | ₩8.02 Trillion | -- |