Changhae Ethanol Co. Ltd Total Assets
Changhae Ethanol Co. Ltd total assets. Based on the latest financial reports, Changhae Ethanol Co. Ltd (004650) holds total assets worth ₩197.43 Billion KRW (≈ $133.80 Million USD) as of March 2026. 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. Also see cash flow conversion of Changhae Ethanol Co. Ltd for how efficiently the company converts equity into cash flow.
Total Assets of Changhae Ethanol Co. Ltd (2014–2025)
Total assets of Changhae Ethanol Co. Ltd from 2014 to 2025. This chart illustrates how Changhae Ethanol Co. Ltd's total assets have evolved over time, based on quarterly financial data. See 004650 stock price and chart for real-time trading data and today's change.
Changhae Ethanol Co. Ltd - Asset Composition Analysis
Changhae Ethanol Co. Ltd Total Assets Breakdown (December 2025)
Changhae Ethanol Co. Ltd total assets breakdown as of December 2025. Changhae Ethanol Co. Ltd's total assets of ₩197.43 Billion consist of 33.0% current assets and 67.0% non-current assets. Explore working capital to net assets of Changhae Ethanol Co. Ltd to assess how much short-term liquidity the company maintains relative to its equity base.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 3.5% |
| Accounts Receivable | ₩25.41 Billion | 13.1% |
| Inventory | ₩21.05 Billion | 10.8% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩303.22 Million | 0.2% |
| Goodwill | ₩46.92 Billion | 24.1% |
Asset Composition Trend (2014–2025)
This chart illustrates how Changhae Ethanol 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: Changhae Ethanol Co. Ltd's current assets represent 33.0% of total assets in 2025, a decrease from 44.9% in 2014.
- Cash Position: Cash and equivalents constituted 3.5% of total assets in 2025, down from 3.7% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 24.0% of total assets, an increase from 1.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 24.1% of total assets.
Changhae Ethanol Co. Ltd Competitors by Total Assets
Key competitors of Changhae Ethanol Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanxi Xinghuacun Fen Wine Factory Co Ltd
SHG:600809
|
China | CN¥63.68 Billion |
|
Anhui Kouzi Distillery Co Ltd
SHG:603589
|
China | CN¥12.96 Billion |
|
HiteJinro Co Ltd
KO:000087
|
Korea | ₩3.35 Trillion |
|
Endeavour Group Ltd
AU:EDV
|
Australia | AU$11.73 Billion |
|
Treasury Wine Estates Ltd
AU:TWE
|
Australia | AU$6.87 Billion |
|
Lark Distilling Co. Ltd
AU:LRK
|
Australia | AU$122.62 Million |
|
Australian Vintage Ltd
AU:AVG
|
Australia | AU$387.20 Million |
|
Corby Spirit and Wine Limited
TO:CSW-A
|
Canada | CA$394.56 Million |
Changhae Ethanol 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 | 1.30 | 1.33 | 1.00 |
| Quick Ratio | 0.97 | 0.87 | 0.75 |
| Cash Ratio | 0.00 | 0.11 | 0.12 |
| Working Capital | ₩15.77 Billion | ₩16.96 Billion | ₩-65.04 Million |
Changhae Ethanol Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Changhae Ethanol 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 | 0.51 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 2.4% |
| Total Assets | ₩194.59 Billion |
| Market Capitalization | $47.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values Changhae Ethanol Co. Ltd's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Changhae Ethanol Co. Ltd's assets grew by 2.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Changhae Ethanol Co. Ltd (2014–2025)
The table below shows the annual total assets of Changhae Ethanol Co. Ltd from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₩194.59 Billion ≈ $131.87 Million |
+2.37% |
| 2024-12-31 | ₩190.09 Billion ≈ $128.82 Million |
-0.72% |
| 2023-12-31 | ₩191.47 Billion ≈ $129.76 Million |
-1.85% |
| 2022-12-31 | ₩195.08 Billion ≈ $132.21 Million |
+2.67% |
| 2021-12-31 | ₩190.02 Billion ≈ $128.77 Million |
-2.93% |
| 2020-12-31 | ₩195.75 Billion ≈ $132.66 Million |
+1.40% |
| 2019-12-31 | ₩193.04 Billion ≈ $130.82 Million |
-47.17% |
| 2018-12-31 | ₩365.40 Billion ≈ $247.63 Million |
-4.63% |
| 2017-12-31 | ₩383.13 Billion ≈ $259.64 Million |
-4.10% |
| 2016-12-31 | ₩399.50 Billion ≈ $270.74 Million |
+16.25% |
| 2015-12-31 | ₩343.67 Billion ≈ $232.90 Million |
+10.39% |
| 2014-12-31 | ₩311.31 Billion ≈ $210.97 Million |
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About Changhae Ethanol Co. Ltd
Changhae Ethanol Co., Ltd. produces and sells spirits from sugar cane, tapioca, rice, and barley crops in South Korea. The company offers fermented ethyl alcohol and refined alcohol. It also provides DDGS, a raw material for manufacturing high quality feed; CO2, a carbon dioxide gas generated during fermentation process; and CDS, a raw material for liquid feed and fertilizer. In addition, the com… Read more