Sangsangin Investment & Securities Co Ltd (001290) - Net Assets
Based on the latest financial reports, Sangsangin Investment & Securities Co Ltd (001290) has net assets worth ₩193.12 Billion KRW (≈ $130.87 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.93 Trillion ≈ $1.31 Billion USD) and total liabilities (₩1.74 Trillion ≈ $1.18 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 001290 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩193.12 Billion |
| % of Total Assets | 10.01% |
| Annual Growth Rate | -0.86% |
| 5-Year Change | 4.48% |
| 10-Year Change | 25.33% |
| Growth Volatility | 31.71 |
Sangsangin Investment & Securities Co Ltd - Net Assets Trend (1999–2024)
This chart illustrates how Sangsangin Investment & Securities Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 001290 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Sangsangin Investment & Securities Co Ltd (1999–2024)
The table below shows the annual net assets of Sangsangin Investment & Securities Co Ltd from 1999 to 2024. For live valuation and market cap data, see 001290 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩181.09 Billion ≈ $122.72 Million |
-22.66% |
| 2023-12-31 | ₩234.15 Billion ≈ $158.68 Million |
+4.76% |
| 2022-12-31 | ₩223.51 Billion ≈ $151.47 Million |
+14.75% |
| 2021-12-31 | ₩194.77 Billion ≈ $131.99 Million |
+12.37% |
| 2020-12-31 | ₩173.33 Billion ≈ $117.46 Million |
+13.28% |
| 2019-12-31 | ₩153.00 Billion ≈ $103.69 Million |
+53.71% |
| 2018-12-31 | ₩99.54 Billion ≈ $67.46 Million |
-34.61% |
| 2017-12-31 | ₩152.23 Billion ≈ $103.16 Million |
+1.43% |
| 2016-12-31 | ₩150.09 Billion ≈ $101.71 Million |
+3.87% |
| 2015-12-31 | ₩144.49 Billion ≈ $97.92 Million |
+1.14% |
| 2014-12-31 | ₩142.87 Billion ≈ $96.82 Million |
-0.98% |
| 2013-12-31 | ₩144.29 Billion ≈ $97.78 Million |
-22.97% |
| 2012-12-31 | ₩187.30 Billion ≈ $126.93 Million |
-7.78% |
| 2011-12-31 | ₩203.10 Billion ≈ $137.64 Million |
-4.96% |
| 2010-12-31 | ₩213.69 Billion ≈ $144.81 Million |
-0.90% |
| 2009-12-31 | ₩215.64 Billion ≈ $146.13 Million |
+22.12% |
| 2008-12-31 | ₩176.58 Billion ≈ $119.67 Million |
+2.25% |
| 2007-12-31 | ₩172.69 Billion ≈ $117.03 Million |
+59.91% |
| 2006-12-31 | ₩107.99 Billion ≈ $73.18 Million |
+21.21% |
| 2005-12-31 | ₩89.09 Billion ≈ $60.37 Million |
-53.61% |
| 2004-12-31 | ₩192.06 Billion ≈ $130.16 Million |
-49.01% |
| 2003-12-31 | ₩376.64 Billion ≈ $255.24 Million |
-7.29% |
| 2002-12-31 | ₩406.26 Billion ≈ $275.32 Million |
-11.57% |
| 2001-12-31 | ₩459.41 Billion ≈ $311.33 Million |
+98.48% |
| 2000-12-31 | ₩231.46 Billion ≈ $156.86 Million |
+2.88% |
| 1999-12-31 | ₩224.98 Billion ≈ $152.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sangsangin Investment & Securities Co Ltd'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 decreased by 194.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩245.24 Billion | 135.42% |
| Total Equity | ₩181.09 Billion | 100.00% |
Sangsangin Investment & Securities Co Ltd Competitors by Market Cap
The table below lists competitors of Sangsangin Investment & Securities Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Townsquare Media Inc
NYSE:TSQ
|
$93.99 Million |
|
Matrimony.Com Limited
NSE:MATRIMONY
|
$94.07 Million |
|
Ampire Co Ltd
TWO:8049
|
$94.09 Million |
|
Dwarikesh Sugar Industries Limited
NSE:DWARKESH
|
$94.11 Million |
|
Goodyear Lastikleri TAS
IS:GOODY
|
$93.98 Million |
|
Dongsin Engineering & Construction
KQ:025950
|
$93.93 Million |
|
Daesung Holdin
KO:016710
|
$93.93 Million |
|
TMT Steel Public Company Limited
BK:TMT
|
$93.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sangsangin Investment & Securities Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 234,147,759,650 to 181,089,670,450, a change of -53,058,089,200 (-22.7%).
- Net loss of 47,346,647,850 reduced equity.
- Other factors decreased equity by 5,711,441,350.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-47.35 Billion | -26.15% |
| Other Changes | ₩-5.71 Billion | -3.15% |
| Total Change | ₩- | -22.66% |
Book Value vs Market Value Analysis
This analysis compares Sangsangin Investment & Securities Co Ltd'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: 0.77x
- 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 increased from 0.36x to 0.77x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩3618.17 | ₩1305.00 | x |
| 2018-12-31 | ₩2027.36 | ₩1305.00 | x |
| 2019-12-31 | ₩1622.02 | ₩1305.00 | x |
| 2020-12-31 | ₩1838.39 | ₩1305.00 | x |
| 2021-12-31 | ₩2040.93 | ₩1305.00 | x |
| 2022-12-31 | ₩2103.33 | ₩1305.00 | x |
| 2023-12-31 | ₩2203.46 | ₩1305.00 | x |
| 2024-12-31 | ₩1704.15 | ₩1305.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sangsangin Investment & Securities Co Ltd 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): -26.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -148.84%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 6.80x
- Recent ROE (-26.15%) is below the historical average (1.12%), 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 | 31.41% | 28.04% | 0.44x | 2.52x | ₩48.16 Billion |
| 2001 | 6.74% | 19.50% | 0.23x | 1.48x | ₩-14.97 Billion |
| 2003 | 0.72% | 2.74% | 0.19x | 1.39x | ₩-34.94 Billion |
| 2006 | 5.87% | 21.08% | 0.18x | 1.55x | ₩-4.46 Billion |
| 2007 | 4.42% | 17.16% | 0.15x | 1.77x | ₩-9.63 Billion |
| 2008 | 1.50% | 6.12% | 0.13x | 1.84x | ₩-14.53 Billion |
| 2009 | 6.03% | 10.18% | 0.25x | 2.36x | ₩-7.60 Billion |
| 2015 | 2.26% | 4.80% | 0.10x | 4.92x | ₩-11.06 Billion |
| 2016 | -3.05% | -18.81% | 0.04x | 3.96x | ₩-18.47 Billion |
| 2017 | -3.31% | -23.45% | 0.02x | 6.17x | ₩-18.47 Billion |
| 2018 | -10.00% | -86.18% | 0.02x | 5.07x | ₩-19.72 Billion |
| 2019 | -5.28% | -44.64% | 0.04x | 3.09x | ₩-23.31 Billion |
| 2020 | 1.45% | 9.00% | 0.05x | 2.97x | ₩-14.78 Billion |
| 2021 | 4.60% | 22.13% | 0.07x | 2.99x | ₩-10.51 Billion |
| 2022 | 1.65% | 9.97% | 0.06x | 2.68x | ₩-18.67 Billion |
| 2023 | 0.21% | 0.89% | 0.03x | 9.28x | ₩-22.93 Billion |
| 2024 | -26.15% | -148.84% | 0.03x | 6.80x | ₩-65.46 Billion |
Industry Comparison
This section compares Sangsangin Investment & Securities Co Ltd's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $554,481,288,546
- Average return on equity (ROE) among peers: 3.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sangsangin Investment & Securities Co Ltd (001290) | ₩193.12 Billion | 31.41% | 8.99x | $93.98 Million |
| Eugene Inv&Sec (001200) | $751.70 Billion | 6.18% | 8.65x | $347.91 Million |
| Bookook Sec (001270) | $485.98 Billion | 5.65% | 2.05x | $293.81 Million |
| Bookook Securities Co Ltd (001275) | $397.35 Billion | 3.45% | 1.25x | $72.71 Million |
| Hyundai Motor Securities Co. Ltd. (001500) | $1.28 Trillion | 4.19% | 8.07x | $459.68 Million |
| Shinyoung Securities Co. Ltd. (001720) | $444.19 Billion | 1.39% | 1.15x | $1.03 Billion |
| Hanyang Sec (001750) | $256.06 Billion | 1.75% | 1.01x | $247.13 Million |
| Hanyang Securities Co Ltd (001755) | $459.39 Billion | 5.23% | 2.27x | $255.33 Million |
| Yuhwa Sec (003460) | $458.46 Billion | 1.36% | 0.35x | $110.23 Million |
| Yuhwa Securities Co Ltd (003465) | $459.41 Billion | 1.72% | 0.38x | $34.18 Million |
About Sangsangin Investment & Securities Co Ltd
Sangsangin Investment & Securities Co., Ltd., together with its subsidiaries, provides investment products in South Korea and Vietnam. The company was founded in 1954 and is headquartered in Seoul, South Korea.