Joong Ang Enervis Co. Ltd
Joong Ang Enervis Co., Ltd markets petroleum products in South Korea. The company is also involved in power generation. Joong Ang Enervis Co., Ltd was founded in 1946 and is headquartered in Seoul, South Korea.
Joong Ang Enervis Co. Ltd (000440) - Total Assets
Latest total assets as of September 2025: ₩54.99 Billion KRW
Based on the latest financial reports, Joong Ang Enervis Co. Ltd (000440) holds total assets worth ₩54.99 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.
Joong Ang Enervis Co. Ltd - Total Assets Trend (2014–2024)
This chart illustrates how Joong Ang Enervis Co. Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Joong Ang Enervis Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Joong Ang Enervis Co. Ltd's total assets of ₩54.99 Billion consist of 18.4% current assets and 81.6% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩20.98 Million | 0.0% |
| Accounts Receivable | ₩1.18 Billion | 2.0% |
| Inventory | ₩1.90 Billion | 3.3% |
| Property, Plant & Equipment | ₩31.59 Billion | 54.0% |
| Intangible Assets | ₩1.97 Billion | 3.4% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Joong Ang Enervis Co. Ltd'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: Joong Ang Enervis Co. Ltd's current assets represent 18.4% of total assets in 2024, a decrease from 19.3% in 2014.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 0.3% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, unchanged from 3.0% in 2014.
- Asset Diversification: The largest asset category is property, plant & equipment at 54.0% of total assets.
Joong Ang Enervis Co. Ltd Competitors by Total Assets
Key competitors of Joong Ang Enervis Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Forum Pacific Inc
PSE:FPI
|
Philippines | ₱335.75 Million |
|
Petron Corp
PSE:PCOR
|
Philippines | ₱439.39 Billion |
|
APC Group Inc
PSE:APC
|
Philippines | ₱257.40 Million |
|
Hung -Gu Oil Ltd
KQ:024060
|
Korea | ₩92.57 Billion |
|
Attock Refinery Ltd
KAR:ATRL
|
Pakistan | PKRs229.84 Billion |
|
Basic Energy Corp
PSE:BSC
|
Philippines | ₱28.80 Billion |
|
Philodrill Corp
PSE:OV
|
Philippines | ₱2.76 Billion |
|
Seafront Resources Corp
PSE:SPM
|
Philippines | ₱681.43 Million |
Joong Ang Enervis Co. Ltd - 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 - Joong Ang Enervis Co. Ltd generates 0.85x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Joong Ang Enervis Co. Ltd is currently not profitable relative to its asset base.
Joong Ang Enervis Co. Ltd - 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 | 6.02 | 5.38 | 3.32 |
| Quick Ratio | 5.04 | 4.74 | 3.11 |
| Cash Ratio | 0.00 | 0.01 | 0.00 |
| Working Capital | ₩7.72 Billion | ₩ 10.18 Billion | ₩ 15.80 Billion |
Joong Ang Enervis Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Joong Ang Enervis Co. Ltd'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 | 2.51 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -5.0% |
| Total Assets | ₩58.48 Billion |
| Market Capitalization | $29.43 Million USD |
Valuation Analysis
Below Book Valuation: The market values Joong Ang Enervis Co. Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Joong Ang Enervis Co. Ltd's assets decreased by 5.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Joong Ang Enervis Co. Ltd (2014–2024)
The table below shows the annual total assets of Joong Ang Enervis Co. Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩58.48 Billion | -4.97% |
| 2023-12-31 | ₩61.53 Billion | -2.98% |
| 2022-12-31 | ₩63.42 Billion | -1.62% |
| 2021-12-31 | ₩64.46 Billion | -9.62% |
| 2020-12-31 | ₩71.33 Billion | +15.83% |
| 2019-12-31 | ₩61.58 Billion | +4.82% |
| 2018-12-31 | ₩58.74 Billion | -2.89% |
| 2017-12-31 | ₩60.49 Billion | -21.98% |
| 2016-12-31 | ₩77.54 Billion | +0.21% |
| 2015-12-31 | ₩77.37 Billion | +4.77% |
| 2014-12-31 | ₩73.84 Billion | -0.65% |
| 2014-09-30 | ₩74.33 Billion | -- |