Tae Kwang Corporation
Tae Kwang Corporation manufactures, supplies, and sells butt weld pipe fittings for oil and gas, chemical and petrochemical, power plant, and shipbuilding businesses in Korea and internationally. The company offers butt-welding fittings, including carbon, stainless, and alloy steel, such as elbows, tees, reducers, caps, stub ends, laterals, long bends, and crosses, as well as special, jacket, and… Read more
Tae Kwang Corporation (023160) - Total Assets
Latest total assets as of September 2025: ₩724.75 Billion KRW
Based on the latest financial reports, Tae Kwang Corporation (023160) holds total assets worth ₩724.75 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.
Tae Kwang Corporation - Total Assets Trend (2007–2024)
This chart illustrates how Tae Kwang Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tae Kwang Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Tae Kwang Corporation's total assets of ₩724.75 Billion consist of 46.8% current assets and 53.2% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩4.62K | 4.9% |
| Accounts Receivable | ₩59.79 Billion | 9.1% |
| Inventory | ₩123.16 Billion | 18.7% |
| Property, Plant & Equipment | ₩185.88 Billion | 28.2% |
| Intangible Assets | ₩13.87 Billion | 2.1% |
| Goodwill | ₩26.28 Billion | 4.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Tae Kwang Corporation'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: Tae Kwang Corporation's current assets represent 46.8% of total assets in 2024, a decrease from 81.2% in 2007.
- Cash Position: Cash and equivalents constituted 4.9% of total assets in 2024, up from 4.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is property, plant & equipment at 28.2% of total assets.
Tae Kwang Corporation Competitors by Total Assets
Key competitors of Tae Kwang Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Al-Ghazi Tractors Ltd
KAR:AGTL
|
Pakistan | PKRs17.88 Billion |
|
Bosung Power Technology Co. Ltd
KQ:006910
|
Korea | ₩135.72 Billion |
|
Youngsin Metal Industrial Co. Ltd
KQ:007530
|
Korea | ₩147.89 Billion |
|
SMCore.Inc
KQ:007820
|
Korea | ₩111.26 Billion |
|
Heungkuk Metaltech Co.Ltd
KQ:010240
|
Korea | ₩134.35 Billion |
|
Nuintek Co.Ltd
KQ:012340
|
Korea | ₩79.96 Billion |
|
CAS Corporation
KQ:016920
|
Korea | ₩171.45 Billion |
|
Semyung Electric Machinery Co.Ltd
KQ:017510
|
Korea | ₩107.57 Billion |
Tae Kwang Corporation - 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 - Tae Kwang Corporation generates 0.40x 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, Tae Kwang Corporation generates $6.80 in net profit.
Tae Kwang Corporation - 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 | 8.42 | 8.66 | 8.99 |
| Quick Ratio | 5.29 | 5.19 | 4.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩335.17 Billion | ₩ 260.96 Billion | ₩ 232.96 Billion |
Tae Kwang Corporation - Advanced Valuation Insights
This section examines the relationship between Tae Kwang Corporation'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 | 1.22 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 5.4% |
| Total Assets | ₩660.34 Billion |
| Market Capitalization | $274.49 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tae Kwang Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Tae Kwang Corporation's assets grew by 5.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tae Kwang Corporation (2007–2024)
The table below shows the annual total assets of Tae Kwang Corporation from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩660.34 Billion | +5.44% |
| 2023-12-31 | ₩626.30 Billion | +5.44% |
| 2022-12-31 | ₩594.00 Billion | +17.58% |
| 2021-12-31 | ₩505.19 Billion | +9.40% |
| 2020-12-31 | ₩461.78 Billion | -4.42% |
| 2019-12-31 | ₩483.11 Billion | +4.80% |
| 2018-12-31 | ₩460.98 Billion | +1.54% |
| 2017-12-31 | ₩454.01 Billion | -4.36% |
| 2016-12-31 | ₩474.73 Billion | -1.06% |
| 2015-12-31 | ₩479.84 Billion | +2.83% |
| 2014-12-31 | ₩466.62 Billion | +3.84% |
| 2012-12-31 | ₩449.37 Billion | +6.37% |
| 2011-12-31 | ₩422.47 Billion | +12.36% |
| 2010-12-31 | ₩375.99 Billion | +9.69% |
| 2009-12-31 | ₩342.79 Billion | +3.65% |
| 2008-12-31 | ₩330.73 Billion | +44.59% |
| 2007-12-31 | ₩228.74 Billion | -- |