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Taekwang Industrial Co Stock

Taekwang Industrial Co Equity 2024

Taekwang Industrial Co Equity

3.95 T KRW

Ticker

003240.KS

ISIN

KR7003240009

In 2024, Taekwang Industrial Co's equity was 3.95 T KRW, a -2.4% increase from the 4.04 T KRW equity in the previous year.

Taekwang Industrial Co Aktienanalyse

What does Taekwang Industrial Co do?

Taekwang Industrial Co Ltd is a South Korean company that was founded in 1971. It has since become one of the leading manufacturers and suppliers of various products and services. The business model of Taekwang is based on the production and sale of textiles, chemicals, foams, and other raw materials. It also focuses on developing value chains to serve its customers worldwide optimally. In the early 1970s, Taekwang started as a small chemical company in Seoul. But within a few years, it evolved into a diversified company offering various products and services. In 2018, Taekwang acquired a majority stake in German company Thermozell Kunststoff GmbH, expanding its value chain into the European market. Taekwang is divided into four subgroups, dealing with different areas: textiles, chemicals, foams, and components. The textile division produces and sells various types of yarns, fabrics, and non-woven products. It also offers a wide range of textile products for various applications in the apparel industry, healthcare, automotive, and construction industries. Taekwang is also a leading manufacturer of chemicals such as petrochemicals, resins, and other organic and inorganic raw materials. The company produces products used in construction materials, automotive, electronics, and other industries. The foam division produces foam materials used for cushioning and insulation. It also produces specialty foams for medical devices and other specific applications. Taekwang also produces various components and parts used in industries such as automotive and electronics. For example, it manufactures sealing rings, rubber gaskets, and other components. Overall, Taekwang produces a wide variety of products, including yarns, fabrics, components, and foams used in the manufacturing of furniture, clothing, automobiles, buildings, appliances, and more. The company also produces specialty products such as non-woven fabrics, medical devices, and high-performance materials. Its goal is to offer a broad range of products to meet its customers' specific requirements. In conclusion, Taekwang is a leading company specializing in the production of textiles, chemicals, foams, and other raw materials. Its value chains extend to various industries and markets. Taekwang aims to offer a broad range of products and meet its customers' specific requirements. Taekwang Industrial Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Taekwang Industrial Co's Equity

Taekwang Industrial Co's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Taekwang Industrial Co's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Taekwang Industrial Co's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Taekwang Industrial Co's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Taekwang Industrial Co’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Taekwang Industrial Co stock

What is the equity of Taekwang Industrial Co this year?

Taekwang Industrial Co has equity of 3.95 T KRW this year.

What was the equity of Taekwang Industrial Co compared to the previous year?

The equity of Taekwang Industrial Co has increased/decreased by -2.4% decreased compared to the previous year.

What impact does a high equity have on investors of Taekwang Industrial Co?

A high equity is advantageous for investors of Taekwang Industrial Co as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Taekwang Industrial Co?

A low equity can be a risk for investors of Taekwang Industrial Co, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Taekwang Industrial Co affect the company?

An increase in equity of Taekwang Industrial Co can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Taekwang Industrial Co affect the company?

A reduction in equity of Taekwang Industrial Co can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Taekwang Industrial Co?

Some factors that can affect the equity of Taekwang Industrial Co include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Taekwang Industrial Co so important for investors?

The equity of Taekwang Industrial Co is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Taekwang Industrial Co take to change the equity?

To change equity, Taekwang Industrial Co can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Taekwang Industrial Co pay?

Over the past 12 months, Taekwang Industrial Co paid a dividend of 1,750 KRW . This corresponds to a dividend yield of about 0.27 %. For the coming 12 months, Taekwang Industrial Co is expected to pay a dividend of 1,750 KRW.

What is the dividend yield of Taekwang Industrial Co?

The current dividend yield of Taekwang Industrial Co is 0.27 %.

When does Taekwang Industrial Co pay dividends?

Taekwang Industrial Co pays a quarterly dividend. This is distributed in the months of January, January, January, January.

How secure is the dividend of Taekwang Industrial Co?

Taekwang Industrial Co paid dividends every year for the past 20 years.

What is the dividend of Taekwang Industrial Co?

For the upcoming 12 months, dividends amounting to 1,750 KRW are expected. This corresponds to a dividend yield of 0.27 %.

In which sector is Taekwang Industrial Co located?

Taekwang Industrial Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Taekwang Industrial Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Taekwang Industrial Co from 6/1/2024 amounting to 1,750 KRW, you needed to have the stock in your portfolio before the ex-date on 12/27/2023.

When did Taekwang Industrial Co pay the last dividend?

The last dividend was paid out on 6/1/2024.

What was the dividend of Taekwang Industrial Co in the year 2023?

In the year 2023, Taekwang Industrial Co distributed 1,750 KRW as dividends.

In which currency does Taekwang Industrial Co pay out the dividend?

The dividends of Taekwang Industrial Co are distributed in KRW.

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Andere Kennzahlen von Taekwang Industrial Co

Our stock analysis for Taekwang Industrial Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Taekwang Industrial Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.