Chosun Welding
CHOSUN WELDING POHANG Co., Ltd produces and sells welding materials in Korea. It provides stick and oxyacetylene electrodes, submerged arc materials, flux cored, mag, and mig wires, as well as tig cut lengths products. The company offers its products to shipbuilding, offshore, construction, oil and gas, nuclear energy, fabrication, and automobile industries. The company was founded in 1949 and is… Read more
Chosun Welding (120030) - Total Assets
Latest total assets as of September 2025: ₩170.50 Billion KRW
Based on the latest financial reports, Chosun Welding (120030) holds total assets worth ₩170.50 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.
Chosun Welding - Total Assets Trend (2013–2024)
This chart illustrates how Chosun Welding’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Chosun Welding - Asset Composition Analysis
Current Asset Composition (December 2024)
Chosun Welding's total assets of ₩170.50 Billion consist of 81.2% current assets and 18.8% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 26.1% |
| Accounts Receivable | ₩5.13 Billion | 3.1% |
| Inventory | ₩17.83 Billion | 10.6% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩91.34 Million | 0.1% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Chosun Welding'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: Chosun Welding's current assets represent 81.2% of total assets in 2024, a decrease from 81.6% in 2013.
- Cash Position: Cash and equivalents constituted 26.1% of total assets in 2024, down from 38.0% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 10.6% of total assets.
Chosun Welding Competitors by Total Assets
Key competitors of Chosun Welding based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cs Holdings
KO:000590
|
Korea | ₩421.55 Billion |
|
Shandong Tengda Fasten Tech
SHE:001379
|
China | CN¥2.64 Billion |
|
Cheil Grinding
KO:001560
|
Korea | ₩120.17 Billion |
|
Bosun Tools Co Ltd
SHE:002282
|
China | CN¥4.00 Billion |
|
Ningbo Ligong Online Monitoring Technology Co Ltd
SHE:002322
|
China | CN¥3.09 Billion |
|
Tianjin Saixiang Technology Co Ltd
SHE:002337
|
China | CN¥2.06 Billion |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
China | CN¥23.25 Billion |
|
Guangdong Kinlong Hardware Products Co Ltd
SHE:002791
|
China | CN¥9.46 Billion |
Chosun Welding - 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 - Chosun Welding generates 0.30x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Chosun Welding generates $9.67 in net profit.
Chosun Welding - 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 | 19.77 | 13.97 | 13.63 |
| Quick Ratio | 17.54 | 12.12 | 12.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩132.85 Billion | ₩ 122.82 Billion | ₩ 98.90 Billion |
Chosun Welding - Advanced Valuation Insights
This section examines the relationship between Chosun Welding'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 | 0.60 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 8.2% |
| Total Assets | ₩168.29 Billion |
| Market Capitalization | $19.90 Million USD |
Valuation Analysis
Below Book Valuation: The market values Chosun Welding's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Chosun Welding's assets grew by 8.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Chosun Welding (2013–2024)
The table below shows the annual total assets of Chosun Welding from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩168.29 Billion | +8.20% |
| 2023-12-31 | ₩155.54 Billion | +7.17% |
| 2022-12-31 | ₩145.13 Billion | +4.00% |
| 2021-12-31 | ₩139.55 Billion | +10.79% |
| 2020-12-31 | ₩125.96 Billion | +4.06% |
| 2019-12-31 | ₩121.05 Billion | +5.23% |
| 2018-12-31 | ₩115.04 Billion | +2.74% |
| 2017-12-31 | ₩111.97 Billion | +11.01% |
| 2016-12-31 | ₩100.87 Billion | +13.32% |
| 2015-12-31 | ₩89.01 Billion | +19.85% |
| 2014-12-31 | ₩74.26 Billion | +23.23% |
| 2013-12-31 | ₩60.26 Billion | -- |