Taekwang Industrial Co Stock

Taekwang Industrial Co Market capitalization 2024

Taekwang Industrial Co Market capitalization

541.17 B KRW

Ticker

003240.KS

ISIN

KR7003240009

In 2024, Taekwang Industrial Co's market cap stood at 541.17 B KRW, a 7.6% increase from the 502.96 B KRW market cap in the previous year.

The Taekwang Industrial Co Market capitalization history

YEARMarket Capitalization (undefined KRW)
20230.54
20220.76
20210.88
20200.76
20191.29
20181.4
20171.08
20160.92
20151.19
20141.3
20131.08
20121.01
20111.41
20100.9
20090.73
20080.96
20071.1
20060.63
20050.57
20040.19

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.

Market capitalization Details

Exploring Taekwang Industrial Co's Market Capitalization

Taekwang Industrial Co's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Taekwang Industrial Co's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Taekwang Industrial Co's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Taekwang Industrial Co’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Taekwang Industrial Co stock

What is the current Taekwang Industrial Co market capitalization?

The current market capitalization of Taekwang Industrial Co is 541.17 B KRW.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Taekwang Industrial Co.

How has the market capitalization of Taekwang Industrial Co developed in recent years?

The market capitalization of Taekwang Industrial Co has increased/decreased by 7.6% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Taekwang Industrial Co?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Taekwang Industrial Co?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Taekwang Industrial Co have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

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.