Formetal Co. Ltd (119500) - Total Assets
Based on the latest financial reports, Formetal Co. Ltd (119500) holds total assets worth ₩64.07 Billion KRW (≈ $43.42 Million USD) as of June 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.
Formetal Co. Ltd - Total Assets Trend (2014–2025)
This chart illustrates how Formetal Co. Ltd's total assets have evolved over time, based on quarterly financial data. Also see market cap of Formetal Co. Ltd for the company's overall valuation and market capitalisation.
Formetal Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Formetal Co. Ltd's total assets of ₩64.07 Billion consist of 38.2% current assets and 61.8% non-current assets. Review 119500 total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 8.4% |
| Accounts Receivable | ₩10.11 Billion | 16.3% |
| Inventory | ₩7.88 Billion | 12.7% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩11.81 Million | 0.0% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2014–2025)
This chart illustrates how Formetal 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. See 119500 live share price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Formetal Co. Ltd's current assets represent 38.2% of total assets in 2025, an increase from 29.7% in 2014.
- Cash Position: Cash and equivalents constituted 8.4% of total assets in 2025, up from 6.4% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 16.3% of total assets.
Formetal Co. Ltd Competitors by Total Assets
Key competitors of Formetal Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ESAB Corp
NYSE:ESAB
|
USA | $5.62 Billion |
|
Baoding Heavy Industry Co Ltd
SHE:002552
|
China | CN¥5.13 Billion |
|
Ningbo Zhenyu Technology Co. Ltd.
SHE:300953
|
China | CN¥12.03 Billion |
|
Luoyang Xinqianglian Slewing Bearin
SHE:300850
|
China | CN¥11.47 Billion |
|
Hangzhou Huaguang Advanced Welding Materials Co Ltd
SHG:688379
|
China | CN¥4.22 Billion |
|
Suzhou Chunqiu Electronic Technology Co Ltd Class A
SHG:603890
|
China | CN¥6.18 Billion |
|
Jiangyin Hengrun Heavy
SHG:603985
|
China | CN¥5.92 Billion |
|
Shenzhen Pacific Union Precision Manufacturing Co. Ltd. A
SHG:688210
|
China | CN¥3.14 Billion |
Formetal 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 | 2.54 | 2.19 | 1.34 |
| Quick Ratio | 1.73 | 1.41 | 0.82 |
| Cash Ratio | 0.00 | 0.00 | 0.11 |
| Working Capital | ₩15.85 Billion | ₩13.34 Billion | ₩5.25 Billion |
Formetal Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Formetal 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 | 0.56 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | ₩62.16 Billion |
| Market Capitalization | $19.63 Million USD |
Valuation Analysis
Below Book Valuation: The market values Formetal Co. Ltd's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Formetal Co. Ltd's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Formetal Co. Ltd (2014–2025)
The table below shows the annual total assets of Formetal Co. Ltd from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₩62.16 Billion ≈ $42.12 Million |
-0.09% |
| 2024-12-31 | ₩62.22 Billion ≈ $42.16 Million |
-5.08% |
| 2023-12-31 | ₩65.55 Billion ≈ $44.42 Million |
-2.38% |
| 2022-12-31 | ₩67.15 Billion ≈ $45.50 Million |
+4.14% |
| 2021-12-31 | ₩64.48 Billion ≈ $43.69 Million |
+1.98% |
| 2020-12-31 | ₩63.22 Billion ≈ $42.85 Million |
+0.85% |
| 2019-12-31 | ₩62.69 Billion ≈ $42.49 Million |
+3.36% |
| 2018-12-31 | ₩60.66 Billion ≈ $41.11 Million |
-0.26% |
| 2017-12-31 | ₩60.82 Billion ≈ $41.21 Million |
+10.37% |
| 2016-12-31 | ₩55.10 Billion ≈ $37.34 Million |
-0.05% |
| 2015-12-31 | ₩55.13 Billion ≈ $37.36 Million |
-7.64% |
| 2014-12-31 | ₩59.69 Billion ≈ $40.45 Million |
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About Formetal Co. Ltd
Formetal Co., Ltd. operates as a metal forging company in Korea. It is involved in free, metal, composite, and non-ferrous metal forging activities. The company provides RV gears, hold flanges, and shafts for the wind power generation industry; eyes, ice cleats, sprockets, oil caps, wear rings, hubs, wheels, and alex arms for the defense industry; and boom, center, and front bearings, as well as … Read more