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Taekwang Industrial Co Stock

Taekwang Industrial Co Liabilities 2024

Taekwang Industrial Co Liabilities

791.28 B KRW

Ticker

003240.KS

ISIN

KR7003240009

In 2024, Taekwang Industrial Co's total liabilities amounted to 791.28 B KRW, a 1.87% difference from the 776.73 B KRW total liabilities 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.

Liabilities Details

Assessing Taekwang Industrial Co's Liabilities

Taekwang Industrial Co's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Taekwang Industrial Co's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Taekwang Industrial Co's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Taekwang Industrial Co's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Taekwang Industrial Co’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Taekwang Industrial Co stock

What is the level of liabilities of Taekwang Industrial Co this year?

Taekwang Industrial Co has a debt balance of 791.28 B KRW this year.

What were the liabilities of Taekwang Industrial Co compared to the previous year?

The liabilities of Taekwang Industrial Co have increased by 1.87% increased compared to the previous year.

What are the consequences of high debt for investors of Taekwang Industrial Co?

High liabilities can pose a risk for investors of Taekwang Industrial Co, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Taekwang Industrial Co?

Low liabilities mean that Taekwang Industrial Co has a strong financial position and is able to meet its obligations without overburdening its finances.

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

An increase in liabilities of Taekwang Industrial Co can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

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

A decrease in the liabilities of Taekwang Industrial Co can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

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

Some factors that can influence the liabilities of Taekwang Industrial Co include investments, acquisitions, operating costs, and sales development.

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

The liabilities of Taekwang Industrial Co are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Taekwang Industrial Co take to modify the liabilities?

To change its liabilities, Taekwang Industrial Co can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

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.