Sungchang Hold
Sungchang Enterprise Holdings Limited engages in the development of various plant species and forest restoration activities in South Korea. The company is involved in the planting of trees, such as pine tree, as well as owns a botanical garden. In addition, it manufactures and sells a range of plywood products, including interior plywood for interior purposes; standard plywood for building frames… Read more
Sungchang Hold (000180) - Net Assets
Latest net assets as of September 2025: ₩568.20 Billion KRW
Based on the latest financial reports, Sungchang Hold (000180) has net assets worth ₩568.20 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩709.18 Billion) and total liabilities (₩140.99 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩568.20 Billion |
| % of Total Assets | 80.12% |
| Annual Growth Rate | 14.15% |
| 5-Year Change | 8.53% |
| 10-Year Change | 107.34% |
| Growth Volatility | 33.67 |
Sungchang Hold - Net Assets Trend (2008–2024)
This chart illustrates how Sungchang Hold's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sungchang Hold (2008–2024)
The table below shows the annual net assets of Sungchang Hold from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩578.37 Billion | +0.89% |
| 2023-12-31 | ₩573.30 Billion | -3.77% |
| 2022-12-31 | ₩595.77 Billion | +10.48% |
| 2021-12-31 | ₩539.25 Billion | +1.18% |
| 2020-12-31 | ₩532.94 Billion | +1.43% |
| 2019-12-31 | ₩525.41 Billion | +7.36% |
| 2018-12-31 | ₩489.38 Billion | -2.51% |
| 2017-12-31 | ₩501.97 Billion | -0.35% |
| 2016-12-31 | ₩503.76 Billion | +80.59% |
| 2015-12-31 | ₩278.94 Billion | +11.70% |
| 2014-12-31 | ₩249.73 Billion | -1.46% |
| 2013-12-31 | ₩253.42 Billion | -1.53% |
| 2012-12-31 | ₩257.37 Billion | +98.16% |
| 2011-12-31 | ₩129.88 Billion | +82.54% |
| 2010-12-31 | ₩71.15 Billion | -1.43% |
| 2009-12-31 | ₩72.18 Billion | +3.78% |
| 2008-12-31 | ₩69.56 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sungchang Hold'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 17586784984000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩175.87 Billion | 30.41% |
| Other Components | ₩402.54 Billion | 69.59% |
| Total Equity | ₩578.41 Billion | 100.00% |
Sungchang Hold Competitors by Market Cap
The table below lists competitors of Sungchang Hold ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mukand Limited
NSE:MUKANDLTD
|
$43.70 Million |
|
Johnson Chemical Pharmaceutical Works Co Ltd
TWO:4747
|
$43.71 Million |
|
Finger Inc.
KQ:163730
|
$43.71 Million |
|
Q.S.I Co. LTD
KQ:066310
|
$43.72 Million |
|
Naturel Yenilenebilir Enerji Ticare
IS:NATEN
|
$43.70 Million |
|
Qualicorp Consultoria e Corretora de Seguros S.A
SA:QUAL3
|
$43.69 Million |
|
GRP Limited
NSE:GRPLTD
|
$43.68 Million |
|
Hai Kwang Enterprise Corp
TW:2038
|
$43.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sungchang Hold's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 573,235,107,600 to 578,408,653,900, a change of 5,173,546,300 (0.9%).
- Net loss of 3,526,171,390 reduced equity.
- New share issuances of 11,722,712,360 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-3.53 Billion | -0.61% |
| Share Issuances | ₩11.72 Billion | +2.03% |
| Other Changes | ₩-3.02 Billion | -0.52% |
| Total Change | ₩- | 0.90% |
Book Value vs Market Value Analysis
This analysis compares Sungchang Hold'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: 0.18x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩7488.96 | ₩1480.00 | x |
| 2018-12-31 | ₩7449.14 | ₩1480.00 | x |
| 2019-12-31 | ₩8071.60 | ₩1480.00 | x |
| 2020-12-31 | ₩8215.30 | ₩1480.00 | x |
| 2021-12-31 | ₩8315.05 | ₩1480.00 | x |
| 2022-12-31 | ₩9338.48 | ₩1480.00 | x |
| 2023-12-31 | ₩9003.03 | ₩1480.00 | x |
| 2024-12-31 | ₩8292.41 | ₩1480.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sungchang Hold 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): -0.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.46%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.24x
- Recent ROE (-0.61%) is below the historical average (3.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 3.64% | 1.81% | 0.59x | 3.43x | ₩-4.59 Billion |
| 2011 | 10.77% | 9.41% | 0.48x | 2.37x | ₩997.01 Million |
| 2012 | 50.77% | 81.03% | 0.49x | 1.28x | ₩104.93 Billion |
| 2013 | -1.68% | -2.82% | 0.47x | 1.28x | ₩-29.60 Billion |
| 2014 | -1.41% | -2.16% | 0.49x | 1.34x | ₩-28.50 Billion |
| 2015 | 0.80% | 1.25% | 0.49x | 1.30x | ₩-25.67 Billion |
| 2016 | 4.20% | 11.66% | 0.28x | 1.27x | ₩-29.16 Billion |
| 2017 | 0.83% | 2.33% | 0.27x | 1.30x | ₩-46.02 Billion |
| 2018 | -1.62% | -4.91% | 0.25x | 1.33x | ₩-56.83 Billion |
| 2019 | -2.07% | -7.20% | 0.21x | 1.34x | ₩-63.39 Billion |
| 2020 | 0.95% | 2.97% | 0.24x | 1.33x | ₩-48.20 Billion |
| 2021 | 1.13% | 3.08% | 0.28x | 1.31x | ₩-47.83 Billion |
| 2022 | -2.22% | -5.80% | 0.28x | 1.38x | ₩-72.76 Billion |
| 2023 | -4.18% | -14.41% | 0.22x | 1.34x | ₩-81.28 Billion |
| 2024 | -0.61% | -2.46% | 0.20x | 1.24x | ₩-61.37 Billion |
Industry Comparison
This section compares Sungchang Hold's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $199,974,068,267
- Average return on equity (ROE) among peers: -0.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sungchang Hold (000180) | ₩568.20 Billion | 3.64% | 0.25x | $43.70 Million |
| Sun&L Co Ltd (002820) | $203.27 Billion | -4.53% | 1.60x | $9.80 Million |
| Eagon Ind (008250) | $108.10 Billion | 1.72% | 1.68x | $16.80 Million |
| Dongwha Enterprise Co.Ltd (025900) | $288.56 Billion | 0.54% | 1.13x | $80.79 Million |