Okong Corporation (045060) - Total Assets
Based on the latest financial reports, Okong Corporation (045060) holds total assets worth ₩145.55 Billion KRW (≈ $98.64 Million USD) 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. See Okong Corporation net assets for net asset value and shareholders' equity analysis.
Okong Corporation - Total Assets Trend (2003–2024)
This chart illustrates how Okong Corporation's total assets have evolved over time, based on quarterly financial data.
Okong Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Okong Corporation's total assets of ₩145.55 Billion consist of 50.4% current assets and 49.6% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 11.0% |
| Accounts Receivable | ₩19.15 Billion | 13.3% |
| Inventory | ₩19.03 Billion | 13.2% |
| Property, Plant & Equipment | ₩62.65 Billion | 43.5% |
| Intangible Assets | ₩619.49 Million | 0.4% |
| Goodwill | ₩1.55 Billion | 1.1% |
Asset Composition Trend (2003–2024)
This chart illustrates how Okong 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. For live market cap, price, and company overview, see 045060 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Okong Corporation's current assets represent 50.4% of total assets in 2024, an increase from 0.0% in 2003.
- Cash Position: Cash and equivalents constituted 11.0% of total assets in 2024, up from 7.4% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2003.
- Asset Diversification: The largest asset category is property, plant & equipment at 43.5% of total assets.
Okong Corporation Competitors by Total Assets
Key competitors of Okong Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Air Products and Chemicals Inc
NYSE:APD
|
USA | $41.24 Billion |
|
Akzo Nobel NV
AS:AKZA
|
Netherlands | €13.95 Billion |
|
AKZO NOBEL SPONS.ADRS 1/3
F:AKUP
|
Germany | €13.95 Billion |
|
Incitec Pivot Ltd
AU:IPL
|
Australia | AU$8.40 Billion |
|
Shandong Head Co Ltd
SHE:002810
|
China | CN¥4.07 Billion |
|
Boai NKY Pharmaceuticals Ltd
SHE:300109
|
China | CN¥4.24 Billion |
|
Shen Ma Industry Co Ltd
SHG:600810
|
China | CN¥29.52 Billion |
|
Anhui Guofeng Plastic Industry Co Ltd
SHE:000859
|
China | CN¥4.56 Billion |
Okong 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 | 3.98 | 3.92 | 1.76 |
| Quick Ratio | 3.07 | 2.88 | 1.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩55.90 Billion | ₩50.14 Billion | ₩30.71 Billion |
Okong Corporation - Advanced Valuation Insights
This section examines the relationship between Okong 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 | 0.31 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 3.3% |
| Total Assets | ₩144.14 Billion |
| Market Capitalization | $28.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values Okong Corporation's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Okong Corporation's assets grew by 3.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Okong Corporation (2003–2024)
The table below shows the annual total assets of Okong Corporation from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩144.14 Billion ≈ $97.68 Million |
+3.31% |
| 2023-12-31 | ₩139.53 Billion ≈ $94.55 Million |
+2.01% |
| 2022-12-31 | ₩136.78 Billion ≈ $92.69 Million |
+0.82% |
| 2021-12-31 | ₩135.67 Billion ≈ $91.94 Million |
+1.98% |
| 2020-12-31 | ₩133.03 Billion ≈ $90.15 Million |
+4.84% |
| 2019-12-31 | ₩126.89 Billion ≈ $85.99 Million |
-1.39% |
| 2018-12-31 | ₩128.68 Billion ≈ $87.20 Million |
+6.20% |
| 2017-12-31 | ₩121.17 Billion ≈ $82.11 Million |
+0.53% |
| 2016-12-31 | ₩120.52 Billion ≈ $81.68 Million |
+2.26% |
| 2015-12-31 | ₩117.86 Billion ≈ $79.88 Million |
+9.49% |
| 2014-12-31 | ₩107.65 Billion ≈ $72.95 Million |
+11.98% |
| 2013-12-31 | ₩96.14 Billion ≈ $65.15 Million |
+9.78% |
| 2012-12-31 | ₩87.57 Billion ≈ $59.34 Million |
+3.38% |
| 2011-12-31 | ₩84.70 Billion ≈ $57.40 Million |
+8.19% |
| 2010-12-31 | ₩78.29 Billion ≈ $53.06 Million |
+10.19% |
| 2009-12-31 | ₩71.05 Billion ≈ $48.15 Million |
+54.31% |
| 2008-12-31 | ₩46.05 Billion ≈ $31.20 Million |
+2.69% |
| 2007-12-31 | ₩44.84 Billion ≈ $30.39 Million |
-1.47% |
| 2006-12-31 | ₩45.51 Billion ≈ $30.84 Million |
+16.03% |
| 2005-12-31 | ₩39.22 Billion ≈ $26.58 Million |
-4.41% |
| 2004-12-31 | ₩41.03 Billion ≈ $27.80 Million |
+18.87% |
| 2003-12-31 | ₩34.52 Billion ≈ $23.39 Million |
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About Okong Corporation
Okong Corporation engages in the manufacture and sale of various adhesives in South Korea and internationally. The company offers water-based adhesives for wooden plywood/interior, paper craft, glued laminated timber, PVC sheet, paper, laminating paper, packaging, cigarette, flame retardant binder, and mortar binder works, as well as woodworking; and solvent-based adhesives for rubber-based adhes… Read more