Samyang Holdings (000070) - Net Assets
Based on the latest financial reports, Samyang Holdings (000070) has net assets worth ₩3.00 Trillion KRW (≈ $2.03 Billion USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩5.29 Trillion ≈ $3.59 Billion USD) and total liabilities (₩2.29 Trillion ≈ $1.55 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check 000070 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩3.00 Trillion |
| % of Total Assets | 56.67% |
| Annual Growth Rate | 7.8% |
| 5-Year Change | 39.07% |
| 10-Year Change | 66.9% |
| Growth Volatility | 10.48 |
Samyang Holdings - Net Assets Trend (1999–2024)
This chart illustrates how Samyang Holdings's net assets have evolved over time, based on quarterly financial data. Also explore 000070 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Samyang Holdings (1999–2024)
The table below shows the annual net assets of Samyang Holdings from 1999 to 2024. For live valuation and market cap data, see Samyang Holdings market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩3.00 Trillion ≈ $2.03 Billion |
+7.21% |
| 2023-12-31 | ₩2.80 Trillion ≈ $1.90 Billion |
+10.82% |
| 2022-12-31 | ₩2.52 Trillion ≈ $1.71 Billion |
+4.04% |
| 2021-12-31 | ₩2.43 Trillion ≈ $1.64 Billion |
+12.51% |
| 2020-12-31 | ₩2.16 Trillion ≈ $1.46 Billion |
+6.22% |
| 2019-12-31 | ₩2.03 Trillion ≈ $1.38 Billion |
+1.38% |
| 2018-12-31 | ₩2.00 Trillion ≈ $1.36 Billion |
+3.73% |
| 2017-12-31 | ₩1.93 Trillion ≈ $1.31 Billion |
+4.29% |
| 2016-12-31 | ₩1.85 Trillion ≈ $1.25 Billion |
+3.02% |
| 2015-12-31 | ₩1.80 Trillion ≈ $1.22 Billion |
+8.58% |
| 2014-12-31 | ₩1.65 Trillion ≈ $1.12 Billion |
-0.23% |
| 2013-12-31 | ₩1.66 Trillion ≈ $1.12 Billion |
-0.29% |
| 2012-12-31 | ₩1.66 Trillion ≈ $1.13 Billion |
+28.15% |
| 2011-12-31 | ₩1.30 Trillion ≈ $879.43 Million |
+9.57% |
| 2010-12-31 | ₩1.18 Trillion ≈ $802.63 Million |
+11.61% |
| 2009-12-31 | ₩1.06 Trillion ≈ $719.11 Million |
+44.59% |
| 2008-12-31 | ₩733.88 Billion ≈ $497.34 Million |
-10.00% |
| 2007-12-31 | ₩815.44 Billion ≈ $552.61 Million |
-0.67% |
| 2006-12-31 | ₩820.98 Billion ≈ $556.37 Million |
+5.37% |
| 2005-12-31 | ₩779.17 Billion ≈ $528.03 Million |
+11.30% |
| 2004-12-31 | ₩700.05 Billion ≈ $474.41 Million |
+7.38% |
| 2003-12-31 | ₩651.95 Billion ≈ $441.82 Million |
+7.32% |
| 2002-12-31 | ₩607.49 Billion ≈ $411.69 Million |
+4.34% |
| 2001-12-31 | ₩582.21 Billion ≈ $394.56 Million |
+2.86% |
| 2000-12-31 | ₩566.05 Billion ≈ $383.60 Million |
+23.60% |
| 1999-12-31 | ₩457.98 Billion ≈ $310.37 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Samyang Holdings's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 29881.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.65 Trillion | 78.43% |
| Other Components | ₩454.41 Billion | 21.57% |
| Total Equity | ₩2.11 Trillion | 100.00% |
Samyang Holdings Competitors by Market Cap
The table below lists competitors of Samyang Holdings ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kung Long Batteries Industrial Co Ltd
TW:1537
|
$318.00 Million |
|
HengFeng Information Technology Co Ltd
SHE:300605
|
$318.25 Million |
|
Ser Educacional Sa
SA:SEER3
|
$318.26 Million |
|
Shenzhen Auto Electric Power Plant Co Ltd
SHE:002227
|
$318.38 Million |
|
Cerence Inc
NASDAQ:CRNC
|
$317.83 Million |
|
Churchill Capital Corp IX
NASDAQ:CCIX
|
$317.74 Million |
|
Gaumont SA
PA:GAM
|
$317.74 Million |
|
Perpetual Equity Investment Company Ltd
AU:PIC
|
$317.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Samyang Holdings's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,992,730,554,020 to 2,107,161,037,620, a change of 114,430,483,600 (5.7%).
- Net income of 28,269,764,720 contributed positively to equity growth.
- Dividend payments of 38,011,523,150 reduced retained earnings.
- Other factors increased equity by 124,172,242,030.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩28.27 Billion | +1.34% |
| Dividends Paid | ₩38.01 Billion | -1.8% |
| Other Changes | ₩124.17 Billion | +5.89% |
| Total Change | ₩- | 5.74% |
Book Value vs Market Value Analysis
This analysis compares Samyang Holdings's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.25x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.38x to 0.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩184812.74 | ₩69800.00 | x |
| 2018-12-31 | ₩189921.98 | ₩69800.00 | x |
| 2019-12-31 | ₩190925.17 | ₩69800.00 | x |
| 2020-12-31 | ₩204376.75 | ₩69800.00 | x |
| 2021-12-31 | ₩235566.10 | ₩69800.00 | x |
| 2022-12-31 | ₩231529.94 | ₩69800.00 | x |
| 2023-12-31 | ₩268000.60 | ₩69800.00 | x |
| 2024-12-31 | ₩283390.26 | ₩69800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Samyang Holdings utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.80%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.51x
- Recent ROE (1.34%) is below the historical average (6.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 6.33% | 2.36% | 1.03x | 2.61x | ₩-16.75 Billion |
| 2000 | 10.73% | 6.36% | 0.96x | 1.76x | ₩4.14 Billion |
| 2001 | 10.34% | 7.69% | 0.84x | 1.61x | ₩2.00 Billion |
| 2002 | 5.47% | 8.22% | 0.44x | 1.51x | ₩-27.50 Billion |
| 2003 | 5.60% | 4.51% | 0.84x | 1.48x | ₩-28.64 Billion |
| 2004 | 7.30% | 5.58% | 0.91x | 1.43x | ₩-18.75 Billion |
| 2005 | 7.08% | 5.38% | 0.91x | 1.44x | ₩-22.59 Billion |
| 2006 | 2.87% | 1.84% | 1.02x | 1.54x | ₩-55.48 Billion |
| 2007 | 0.77% | 0.49% | 1.01x | 1.55x | ₩-71.16 Billion |
| 2009 | 10.07% | 4.29% | 1.07x | 2.20x | ₩545.70 Million |
| 2010 | 12.79% | 5.66% | 1.07x | 2.11x | ₩25.73 Billion |
| 2011 | 14.61% | 12.43% | 0.63x | 1.88x | ₩46.32 Billion |
| 2012 | 9.20% | 6.00% | 0.68x | 2.26x | ₩-9.70 Billion |
| 2013 | -2.52% | -1.40% | 0.90x | 2.01x | ₩-162.01 Billion |
| 2014 | 0.18% | 0.11% | 0.79x | 2.13x | ₩-129.12 Billion |
| 2015 | 3.47% | 2.14% | 0.71x | 2.29x | ₩-87.57 Billion |
| 2016 | 1.67% | 0.98% | 0.73x | 2.34x | ₩-112.65 Billion |
| 2017 | 2.74% | 1.57% | 0.73x | 2.37x | ₩-99.68 Billion |
| 2018 | 4.96% | 2.73% | 0.77x | 2.35x | ₩-71.19 Billion |
| 2019 | 2.17% | 1.24% | 0.69x | 2.53x | ₩-111.09 Billion |
| 2020 | 6.73% | 4.14% | 0.63x | 2.56x | ₩-49.65 Billion |
| 2021 | 13.57% | 7.65% | 0.70x | 2.55x | ₩62.54 Billion |
| 2022 | 3.96% | 2.14% | 0.73x | 2.54x | ₩-108.18 Billion |
| 2023 | 8.65% | 5.37% | 0.63x | 2.58x | ₩-26.91 Billion |
| 2024 | 1.34% | 0.80% | 0.67x | 2.51x | ₩-182.45 Billion |
Industry Comparison
This section compares Samyang Holdings's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $18,359,117,507,098
- Average return on equity (ROE) among peers: 0.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Samyang Holdings (000070) | ₩3.00 Trillion | 6.33% | 0.76x | $317.93 Million |
| Doosan (000150) | $3.20 Trillion | 2.01% | 0.86x | $9.19 Billion |
| Doosan Pref Shs (000155) | $11.89 Trillion | -1.90% | 1.54x | $1.50 Billion |
| Doosan Co Ltd (000157) | $7.71 Trillion | -7.18% | 2.91x | $323.04 Million |
| Hanwha (000880) | $33.20 Trillion | 1.15% | 5.32x | $6.27 Billion |
| Hanwha Corp. Pfd. Series 1 (000885) | $39.56 Trillion | 1.95% | 5.37x | $5.70 Million |
| Hanwha Corp Preferred (00088K) | $33.20 Trillion | 1.15% | 5.32x | $657.61 Million |
| CJ Corp (001040) | $9.86 Trillion | 2.09% | 1.39x | $4.12 Billion |
| Cj Corp Pref (001045) | $14.62 Trillion | 1.83% | 1.76x | $137.94 Million |
| CJ Corp 4P Pref (00104K) | $11.99 Trillion | 3.87% | 1.45x | $548.23 Million |
About Samyang Holdings
Samyang Holdings Corporation, together its subsidiaries, engages in chemical, food, packaging, and other businesses in South Korea, China, Japan, Other Asian countries, Europe, and internationally. The company operates through three segments: Food, Chemicals, and Others. It produces and sells engineering plastics, ion exchange resins, BPA chemicals, personal care materials, eco-friendly materials… Read more