Samhwa Paint
Samhwa Paints Industrial Co., Ltd. manufactures and sells various paints in South Korea and internationally. The company offers paints for various applications in construction, waterproofing/floor use, fireproof/flameproof, wood/woodworking, industrial, industrial/plant, polyurea, and cars. The company was formerly known as Dongwha Co., Ltd. and changed its name to Samhwa Paints Industrial Co., L… Read more
Samhwa Paint (000390) - Net Assets
Latest net assets as of September 2025: ₩325.50 Billion KRW
Based on the latest financial reports, Samhwa Paint (000390) has net assets worth ₩325.50 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 (₩617.09 Billion) and total liabilities (₩291.59 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 | ₩325.50 Billion |
| % of Total Assets | 52.75% |
| Annual Growth Rate | 6.0% |
| 5-Year Change | 12.76% |
| 10-Year Change | 14.52% |
| Growth Volatility | 14.53 |
Samhwa Paint - Net Assets Trend (2005–2024)
This chart illustrates how Samhwa Paint's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Samhwa Paint (2005–2024)
The table below shows the annual net assets of Samhwa Paint from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩329.61 Billion | +6.65% |
| 2023-12-31 | ₩309.05 Billion | +3.11% |
| 2022-12-31 | ₩299.72 Billion | +1.29% |
| 2021-12-31 | ₩295.92 Billion | +1.23% |
| 2020-12-31 | ₩292.32 Billion | +3.60% |
| 2019-12-31 | ₩282.17 Billion | +0.14% |
| 2018-12-31 | ₩281.78 Billion | -3.64% |
| 2017-12-31 | ₩292.41 Billion | -1.12% |
| 2016-12-31 | ₩295.72 Billion | +2.75% |
| 2015-12-31 | ₩287.82 Billion | +2.92% |
| 2014-12-31 | ₩279.66 Billion | +11.48% |
| 2013-12-31 | ₩250.86 Billion | +13.14% |
| 2012-12-31 | ₩221.72 Billion | +5.75% |
| 2011-12-31 | ₩209.67 Billion | +3.86% |
| 2010-12-31 | ₩201.89 Billion | +0.63% |
| 2009-12-31 | ₩200.62 Billion | +66.10% |
| 2008-12-31 | ₩120.78 Billion | +7.12% |
| 2007-12-31 | ₩112.75 Billion | +1.21% |
| 2006-12-31 | ₩111.40 Billion | +2.33% |
| 2005-12-31 | ₩108.86 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Samhwa Paint'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 362.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩290.31 Billion | 88.83% |
| Other Components | ₩36.52 Billion | 11.17% |
| Total Equity | ₩326.84 Billion | 100.00% |
Samhwa Paint Competitors by Market Cap
The table below lists competitors of Samhwa Paint ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lifecore Biomedical Inc.
NASDAQ:LFCR
|
$86.24 Million |
|
BULLS GSYO
IS:BULGS
|
$86.25 Million |
|
Sea1 Offshore Inc.
OL:SEA1
|
$86.26 Million |
|
Summit Bank Group Inc
PINK:SBKO
|
$86.26 Million |
|
Suzhou Goldengreen Technologies Ltd
SHE:002808
|
$86.19 Million |
|
Galaxy Software Services Corporation
TWO:6752
|
$86.18 Million |
|
Quang Viet Enterprise Co Ltd
TW:4438
|
$86.16 Million |
|
Photocure ASA
PINK:PHCUF
|
$86.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Samhwa Paint's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 308,307,472,230 to 326,837,722,180, a change of 18,530,249,950 (6.0%).
- Net income of 15,465,231,020 contributed positively to equity growth.
- Dividend payments of 9,435,776,020 reduced retained earnings.
- Share repurchases of 36,809,990 reduced equity.
- Other factors increased equity by 12,537,604,940.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩15.47 Billion | +4.73% |
| Dividends Paid | ₩9.44 Billion | -2.89% |
| Share Repurchases | ₩36.81 Million | -0.01% |
| Other Changes | ₩12.54 Billion | +3.84% |
| Total Change | ₩- | 6.01% |
Book Value vs Market Value Analysis
This analysis compares Samhwa Paint'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: 0.84x
- 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 | ₩12133.80 | ₩11000.00 | x |
| 2018-12-31 | ₩12271.96 | ₩11000.00 | x |
| 2019-12-31 | ₩12408.38 | ₩11000.00 | x |
| 2020-12-31 | ₩12627.82 | ₩11000.00 | x |
| 2021-12-31 | ₩12495.33 | ₩11000.00 | x |
| 2022-12-31 | ₩12654.34 | ₩11000.00 | x |
| 2023-12-31 | ₩13069.04 | ₩11000.00 | x |
| 2024-12-31 | ₩13171.07 | ₩11000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Samhwa Paint 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): 4.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.46%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.89x
- Recent ROE (4.73%) is below the historical average (5.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 6.52% | 3.25% | 1.13x | 1.78x | ₩-3.78 Billion |
| 2006 | 6.40% | 2.79% | 1.13x | 2.03x | ₩-4.01 Billion |
| 2007 | 4.20% | 1.58% | 1.23x | 2.16x | ₩-6.53 Billion |
| 2008 | 8.80% | 3.20% | 1.25x | 2.21x | ₩-1.44 Billion |
| 2009 | 8.05% | 4.62% | 0.97x | 1.79x | ₩-3.92 Billion |
| 2010 | 3.94% | 2.03% | 1.01x | 1.92x | ₩-12.24 Billion |
| 2011 | 6.18% | 3.11% | 1.04x | 1.92x | ₩-8.01 Billion |
| 2012 | 7.20% | 3.67% | 1.02x | 1.92x | ₩-6.20 Billion |
| 2013 | 11.61% | 5.83% | 1.05x | 1.90x | ₩4.04 Billion |
| 2014 | 12.71% | 6.74% | 1.04x | 1.81x | ₩7.57 Billion |
| 2015 | 8.64% | 4.90% | 0.99x | 1.78x | ₩-3.92 Billion |
| 2016 | 4.66% | 2.85% | 0.92x | 1.78x | ₩-15.76 Billion |
| 2017 | 0.67% | 0.40% | 0.90x | 1.86x | ₩-27.23 Billion |
| 2018 | 0.27% | 0.14% | 0.94x | 1.99x | ₩-27.33 Billion |
| 2019 | 1.34% | 0.70% | 0.96x | 2.00x | ₩-24.32 Billion |
| 2020 | 2.25% | 1.19% | 0.93x | 2.04x | ₩-22.57 Billion |
| 2021 | -0.83% | -0.39% | 1.03x | 2.08x | ₩-31.92 Billion |
| 2022 | 1.88% | 0.87% | 1.10x | 1.97x | ₩-24.25 Billion |
| 2023 | 5.24% | 2.56% | 1.07x | 1.92x | ₩-14.67 Billion |
| 2024 | 4.73% | 2.46% | 1.01x | 1.89x | ₩-17.22 Billion |
Industry Comparison
This section compares Samhwa Paint's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $777,075,443,938
- Average return on equity (ROE) among peers: 5.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Samhwa Paint (000390) | ₩325.50 Billion | 6.52% | 0.90x | $86.24 Million |
| DL Holdings CO. LTD. (000210) | $4.53 Trillion | 19.10% | 0.84x | $381.57 Million |
| Norooholdings (000320) | $402.45 Billion | 6.30% | 1.12x | $45.80 Million |
| Noroo Holdings Co Ltd (000325) | $583.54 Billion | 0.27% | 0.81x | $60.77 Million |
| Kangnam Jevisco Co Ltd (000860) | $366.15 Billion | 10.97% | 0.26x | $58.42 Million |
| Paik Kwang Ind (001340) | $204.57 Billion | 3.85% | 1.06x | $113.44 Million |
| Bo Lak (002760) | $43.76 Billion | 2.53% | 0.22x | $30.02 Million |
| Songwon Industrial (004430) | $543.25 Billion | 13.30% | 1.05x | $79.87 Million |
| Cho Kwang Pain (004910) | $172.73 Billion | -1.34% | 0.81x | $17.90 Million |
| Cosmoam&T (005070) | $147.00 Billion | -3.99% | 0.78x | $305.37 Million |