Samsung Fire And Marine Ins Pref
Samsung Fire & Marine Insurance Co., Ltd., together with its subsidiaries, provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom. The company offers automobile insurance, long-term damage insurance, personal pensions, and retirement pensions, as well as claim adjustment, agency, and insurance consulting se… Read more
Samsung Fire And Marine Ins Pref (000815) - Net Assets
Latest net assets as of June 2025: ₩16.65 Trillion KRW
Based on the latest financial reports, Samsung Fire And Marine Ins Pref (000815) has net assets worth ₩16.65 Trillion KRW as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩88.44 Trillion) and total liabilities (₩71.79 Trillion). 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 | ₩16.65 Trillion |
| % of Total Assets | 18.82% |
| Annual Growth Rate | 6.4% |
| 5-Year Change | -4.18% |
| 10-Year Change | 54.7% |
| Growth Volatility | 17.54 |
Samsung Fire And Marine Ins Pref - Net Assets Trend (2013–2024)
This chart illustrates how Samsung Fire And Marine Ins Pref's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Samsung Fire And Marine Ins Pref (2013–2024)
The table below shows the annual net assets of Samsung Fire And Marine Ins Pref from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩15.60 Trillion | -3.36% |
| 2023-12-31 | ₩16.14 Trillion | +46.21% |
| 2022-12-31 | ₩11.04 Trillion | -28.73% |
| 2021-12-31 | ₩15.49 Trillion | -4.85% |
| 2020-12-31 | ₩16.28 Trillion | +13.69% |
| 2019-12-31 | ₩14.32 Trillion | +15.65% |
| 2018-12-31 | ₩12.38 Trillion | +3.81% |
| 2017-12-31 | ₩11.93 Trillion | +8.36% |
| 2016-12-31 | ₩11.01 Trillion | +9.15% |
| 2015-12-31 | ₩10.09 Trillion | +5.73% |
| 2014-12-31 | ₩9.54 Trillion | +20.92% |
| 2013-12-31 | ₩7.89 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Samsung Fire And Marine Ins Pref'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 144.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩13.67 Trillion | 87.82% |
| Other Components | ₩1.90 Trillion | 12.18% |
| Total Equity | ₩15.57 Trillion | 100.00% |
Samsung Fire And Marine Ins Pref Competitors by Market Cap
The table below lists competitors of Samsung Fire And Marine Ins Pref ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NIO INC. CL. A DL -00025
F:N3I
|
$9.69 Billion |
|
Unipol Gruppo Finanziario Spa
F:UIPN
|
$9.69 Billion |
|
Insurance Australia Group Ltd
AU:IAG
|
$9.69 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
$9.70 Billion |
|
ALTEOGEN Inc
KQ:196170
|
$9.66 Billion |
|
Advanced Drainage Systems Inc
NYSE:WMS
|
$9.65 Billion |
|
Mitsui Mining & Smelting Co. Ltd
F:MMG
|
$9.64 Billion |
|
APA Corporation
NASDAQ:APA
|
$9.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Samsung Fire And Marine Ins Pref's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,114,211,783,280 to 15,567,056,119,560, a change of -547,155,663,720 (-3.4%).
- Net income of 2,073,571,536,360 contributed positively to equity growth.
- Dividend payments of 681,094,795,520 reduced retained earnings.
- Other factors decreased equity by 1,939,632,404,560.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.07 Trillion | +13.32% |
| Dividends Paid | ₩681.09 Billion | -4.38% |
| Other Changes | ₩-1.94 Trillion | -12.46% |
| Total Change | ₩- | -3.40% |
Book Value vs Market Value Analysis
This analysis compares Samsung Fire And Marine Ins Pref'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: 1.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.34x to 1.02x 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 | ₩299057.28 | ₩400000.00 | x |
| 2018-12-31 | ₩310432.79 | ₩400000.00 | x |
| 2019-12-31 | ₩359037.54 | ₩400000.00 | x |
| 2020-12-31 | ₩408276.46 | ₩400000.00 | x |
| 2021-12-31 | ₩363848.15 | ₩400000.00 | x |
| 2022-12-31 | ₩259083.67 | ₩400000.00 | x |
| 2023-12-31 | ₩404592.05 | ₩400000.00 | x |
| 2024-12-31 | ₩390854.18 | ₩400000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Samsung Fire And Marine Ins Pref 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): 13.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.97%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 5.61x
- Recent ROE (13.32%) is above the historical average (8.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 6.51% | 3.35% | 0.31x | 6.28x | ₩-274.79 Billion |
| 2014 | 8.78% | 4.09% | 0.35x | 6.11x | ₩-116.67 Billion |
| 2015 | 8.06% | 4.16% | 0.31x | 6.28x | ₩-195.60 Billion |
| 2016 | 7.81% | 4.06% | 0.31x | 6.21x | ₩-241.11 Billion |
| 2017 | 8.11% | 4.51% | 0.28x | 6.37x | ₩-224.80 Billion |
| 2018 | 8.66% | 4.93% | 0.27x | 6.42x | ₩-165.90 Billion |
| 2019 | 4.50% | 2.86% | 0.26x | 5.96x | ₩-786.99 Billion |
| 2020 | 4.64% | 3.52% | 0.23x | 5.69x | ₩-871.11 Billion |
| 2021 | 7.26% | 5.20% | 0.23x | 6.14x | ₩-424.48 Billion |
| 2022 | 11.62% | 5.80% | 0.25x | 8.01x | ₩178.74 Billion |
| 2023 | 11.28% | 10.22% | 0.21x | 5.28x | ₩207.01 Billion |
| 2024 | 13.32% | 10.97% | 0.22x | 5.61x | ₩516.87 Billion |
Industry Comparison
This section compares Samsung Fire And Marine Ins Pref's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $3,414,663,997,270
- Average return on equity (ROE) among peers: 13.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Samsung Fire And Marine Ins Pref (000815) | ₩16.65 Trillion | 6.51% | 4.31x | $9.66 Billion |
| Hanwha General (000370) | $2.95 Trillion | 11.62% | 5.72x | $261.54 Million |
| Lotte Non-Life (000400) | $501.39 Billion | 5.79% | 21.13x | $71.07 Million |
| Heungkuk F&M I (000540) | $75.00 Billion | 0.00% | 12.74x | $42.47 Million |
| Heungkuk Fire & Marine Insurance Co Ltd (000545) | $629.34 Billion | 13.55% | 16.72x | $60.30 Million |
| Samsung Fire & Marine Insurance (000810) | $9.54 Trillion | 8.23% | 5.10x | $11.93 Billion |
| Hyundai Mar&Fi (001450) | $4.74 Trillion | 17.93% | 9.23x | $1.25 Billion |
| DB Insurance Co Ltd (005830) | $5.46 Trillion | 37.24% | 10.81x | $5.86 Billion |