Jeongsan Aikang Co.Ltd
TKG Aikang Co.,Ltd. engages in the manufacture and sale of piping materials for water supply, heating, and firefighting in South Korea and internationally. It provides chlorinated polyvinyl chloride, polybutylene (PB), brass fitting, water header, tap plate, flexible sprinkler pipe, PB pipe and fitting, faucet box, distributor, sprinkler head, flow control valve, and PE-RT products. The company w… Read more
Jeongsan Aikang Co.Ltd (022220) - Total Assets
Latest total assets as of September 2025: ₩146.60 Billion KRW
Based on the latest financial reports, Jeongsan Aikang Co.Ltd (022220) holds total assets worth ₩146.60 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.
Jeongsan Aikang Co.Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Jeongsan Aikang Co.Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jeongsan Aikang Co.Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Jeongsan Aikang Co.Ltd's total assets of ₩146.60 Billion consist of 41.6% current assets and 58.4% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩101.07 Million | 0.1% |
| Accounts Receivable | ₩11.01 Billion | 10.0% |
| Inventory | ₩10.80 Billion | 9.8% |
| Property, Plant & Equipment | ₩29.58 Billion | 26.9% |
| Intangible Assets | ₩1.83 Billion | 1.7% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Jeongsan Aikang 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: Jeongsan Aikang Co.Ltd's current assets represent 41.6% of total assets in 2024, an increase from 0.0% in 2007.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, down from 6.1% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 15.0% in 2007.
- Asset Diversification: The largest asset category is property, plant & equipment at 26.9% of total assets.
Jeongsan Aikang Co.Ltd Competitors by Total Assets
Key competitors of Jeongsan Aikang Co.Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Huasu Holdings Co Ltd
SHE:000509
|
China | CN¥871.41 Million |
|
Wuhu Conch Profiles and Science Co Ltd
SHE:000619
|
China | CN¥5.36 Billion |
|
Beijing New Building Materials Public Ltd Co
SHE:000786
|
China | CN¥36.78 Billion |
|
Yantai Moon Co Ltd
SHE:000811
|
China | CN¥12.54 Billion |
|
Tangshan Jidong Equipment Engineering Co Ltd
SHE:000856
|
China | CN¥2.25 Billion |
|
Arrow Home Group Co. Ltd. A
SHE:001322
|
China | CN¥9.20 Billion |
|
Shandong Luyang Share Co Ltd
SHE:002088
|
China | CN¥3.23 Billion |
|
Everjoy Health Group Co Ltd
SHE:002162
|
China | CN¥2.01 Billion |
Jeongsan Aikang 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
Moderate asset utilization - Jeongsan Aikang Co.Ltd generates 0.53x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Jeongsan Aikang Co.Ltd is currently not profitable relative to its asset base.
Jeongsan Aikang 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 | 1.91 | 7.31 | 5.99 |
| Quick Ratio | 1.04 | 6.02 | 5.53 |
| Cash Ratio | 0.00 | 0.56 | 0.00 |
| Working Capital | ₩17.70 Billion | ₩ 49.94 Billion | ₩ 47.84 Billion |
Jeongsan Aikang Co.Ltd - Advanced Valuation Insights
This section examines the relationship between Jeongsan Aikang 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 | 0.34 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -5.8% |
| Total Assets | ₩109.89 Billion |
| Market Capitalization | $10.08 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jeongsan Aikang 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: Jeongsan Aikang Co.Ltd's assets decreased by 5.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Jeongsan Aikang Co.Ltd (2007–2024)
The table below shows the annual total assets of Jeongsan Aikang Co.Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩109.89 Billion | -5.78% |
| 2023-12-31 | ₩116.63 Billion | +5.66% |
| 2022-12-31 | ₩110.38 Billion | +5.62% |
| 2021-12-31 | ₩104.51 Billion | +7.87% |
| 2020-12-31 | ₩96.89 Billion | +2.72% |
| 2019-12-31 | ₩94.32 Billion | +13.54% |
| 2018-12-31 | ₩83.07 Billion | +7.29% |
| 2017-12-31 | ₩77.43 Billion | -5.52% |
| 2016-12-31 | ₩81.95 Billion | -8.62% |
| 2015-12-31 | ₩89.69 Billion | +1.84% |
| 2014-12-31 | ₩88.07 Billion | -22.47% |
| 2013-12-31 | ₩113.58 Billion | -4.05% |
| 2012-12-31 | ₩118.38 Billion | -17.67% |
| 2011-12-31 | ₩143.78 Billion | +1.69% |
| 2010-12-31 | ₩141.39 Billion | -25.71% |
| 2009-12-31 | ₩190.32 Billion | +59.80% |
| 2008-12-31 | ₩119.10 Billion | +39.46% |
| 2007-12-31 | ₩85.40 Billion | -- |