Tongyang Inc.

KSE 001520.KS

Tongyang Inc. Return on Equity (ROE) for the year ending December 31, 2023: 2.31%

Tongyang Inc. Return on Equity (ROE) is 2.31% for the year ending December 31, 2023, a 167.75% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Tongyang Inc. Return on Equity (ROE) for the year ending December 31, 2022 was -3.41%, a -211.93% change year over year.
Tongyang Inc. Return on Equity (ROE) for the year ending December 31, 2021 was 3.04%, a 182.90% change year over year.
Tongyang Inc. Return on Equity (ROE) for the year ending December 31, 2020 was -3.67%, a -1,233.14% change year over year.
Tongyang Inc. Return on Equity (ROE) for the year ending December 31, 2019 was -0.28%, a -169.28% change year over year.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

KSE: 001520.KS

Tongyang Inc.

CEO	Mr. Jae-Byung Park
IPO Date	Jan. 4, 2000
Location	South Korea
Headquarters	Samsung Life Yeouido Building
Employees	454
Sector	Materials
Industries Construction Materials Cement Ceramics Composite Materials Construction Homebuilding Steel

Description

Tongyang Inc. manufactures and sells ready-mixed concrete materials. It manufactures and distributes construction materials, such as ready-mixed concrete and aggregates; and distributes construction materials, including ready-mixed concrete, steel reinforcement, thermal insulation materials, tiles, sanitary wares, and plaster boards. The company is also involved in housing construction projects for apartments, high-end residential facilities, and town houses; civil engineering activities, including the development of traffic facilities, such as roads and harbors, as well as living facilities; construction of building, shopping complexes, and residences; and remodeling services for commercial real estate and apartments. In addition, it engages in designing, equipment supply, construction, and operation of cement plants, power plants, iron works, and chemical plants. The company was formerly known as Tongyang Major Corporation and changed its name to Tongyang Inc. in March 2011. Tongyang Inc. was founded in 1955 and is headquartered in Seoul, South Korea.

Key trends

Past 5 years