Tongyang Pile Inc (228340) - Total Assets
Based on the latest financial reports, Tongyang Pile Inc (228340) holds total assets worth ₩124.29 Billion KRW (≈ $84.23 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. Check 228340 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Tongyang Pile Inc - Total Assets Trend (2015–2024)
This chart illustrates how Tongyang Pile Inc's total assets have evolved over time, based on quarterly financial data. Explore Tongyang Pile Inc (228340) long-term investment share to see how much of total assets are deployed in long-term investments.
Tongyang Pile Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Tongyang Pile Inc's total assets of ₩124.29 Billion consist of 58.9% current assets and 41.1% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩9.48 Billion | 7.4% |
| Accounts Receivable | ₩9.71 Billion | 7.6% |
| Inventory | ₩7.89 Billion | 6.1% |
| Property, Plant & Equipment | ₩48.89 Billion | 38.1% |
| Intangible Assets | ₩271.72 Million | 0.2% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Tongyang Pile Inc'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 Tongyang Pile Inc market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tongyang Pile Inc's current assets represent 58.9% of total assets in 2024, an increase from 38.4% in 2015.
- Cash Position: Cash and equivalents constituted 7.4% of total assets in 2024, down from 18.6% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 18.0% in 2015.
- Asset Diversification: The largest asset category is property, plant & equipment at 38.1% of total assets.
Tongyang Pile Inc Competitors by Total Assets
Key competitors of Tongyang Pile Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wienerberger AG
VI:WIE
|
Austria | €6.26 Billion |
|
SIGMAROC PLC LS -01
F:M2I2
|
Germany | €2.26 Billion |
|
Mangalam Cement Limited
NSE:MANGLMCEM
|
India | Rs23.50 Billion |
|
Lihtai Construction Enterprise Co Ltd
TWO:5520
|
Taiwan | NT$4.22 Billion |
|
Chosun Refractories Co Ltd
KO:000480
|
Korea | ₩1.60 Trillion |
|
Yibitas Yozgat Isci Birligi Insaat Malzemeleri Ticaret Sanayi AS
IS:YBTAS
|
Turkey | TL151.46 Million |
|
Woori SPAC 3
KQ:198440
|
Korea | ₩434.25 Billion |
|
Busan Ind
KO:011390
|
Korea | ₩326.81 Billion |
Tongyang Pile Inc - 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 | 4.69 | 13.54 | 9.36 |
| Quick Ratio | 3.80 | 12.18 | 8.81 |
| Cash Ratio | 0.00 | 0.52 | 0.00 |
| Working Capital | ₩20.05 Billion | ₩71.35 Billion | ₩55.69 Billion |
Tongyang Pile Inc - Advanced Valuation Insights
This section examines the relationship between Tongyang Pile Inc'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 | 0.35 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -5.1% |
| Total Assets | ₩128.45 Billion |
| Market Capitalization | $25.66 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tongyang Pile Inc's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tongyang Pile Inc's assets decreased by 5.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tongyang Pile Inc (2015–2024)
The table below shows the annual total assets of Tongyang Pile Inc from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩128.45 Billion ≈ $87.05 Million |
-5.05% |
| 2023-12-31 | ₩135.28 Billion ≈ $91.68 Million |
+4.53% |
| 2022-12-31 | ₩129.41 Billion ≈ $87.70 Million |
+2.69% |
| 2021-12-31 | ₩126.03 Billion ≈ $85.41 Million |
+3.04% |
| 2020-12-31 | ₩122.31 Billion ≈ $82.88 Million |
-5.89% |
| 2019-12-31 | ₩129.95 Billion ≈ $88.07 Million |
-12.27% |
| 2018-12-31 | ₩148.13 Billion ≈ $100.38 Million |
-7.24% |
| 2017-12-31 | ₩159.70 Billion ≈ $108.22 Million |
-15.39% |
| 2016-12-31 | ₩188.75 Billion ≈ $127.91 Million |
+15.72% |
| 2015-12-31 | ₩163.11 Billion ≈ $110.54 Million |
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About Tongyang Pile Inc
Tongyang Pile Inc. engages in the manufacture and sale of pretensioned spun high strength concrete piles in South Korea. The company was founded in 1992 and is headquartered in Asan-si, South Korea.