SK Securities Co Ltd Preference Shares (001515) - Net Assets
Based on the latest financial reports, SK Securities Co Ltd Preference Shares (001515) has net assets worth ₩600.34 Billion KRW (≈ $406.84 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 (₩7.28 Trillion ≈ $4.93 Billion USD) and total liabilities (₩6.68 Trillion ≈ $4.53 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 SK Securities Co Ltd Preference Shares asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩600.34 Billion |
| % of Total Assets | 8.25% |
| Annual Growth Rate | 3.81% |
| 5-Year Change | -3.68% |
| 10-Year Change | 35.93% |
| Growth Volatility | 8.65 |
SK Securities Co Ltd Preference Shares - Net Assets Trend (2014–2024)
This chart illustrates how SK Securities Co Ltd Preference Shares's net assets have evolved over time, based on quarterly financial data. Also explore SK Securities Co Ltd Preference Shares (001515) total assets for the complete picture of this company's asset base.
Annual Net Assets for SK Securities Co Ltd Preference Shares (2014–2024)
The table below shows the annual net assets of SK Securities Co Ltd Preference Shares from 2014 to 2024. For live valuation and market cap data, see how much is SK Securities Co Ltd Preference Shares worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩559.28 Billion ≈ $379.01 Million |
-13.59% |
| 2023-12-31 | ₩647.24 Billion ≈ $438.62 Million |
+0.92% |
| 2022-12-31 | ₩641.33 Billion ≈ $434.62 Million |
+3.66% |
| 2021-12-31 | ₩618.68 Billion ≈ $419.27 Million |
+6.55% |
| 2020-12-31 | ₩580.67 Billion ≈ $393.51 Million |
+1.84% |
| 2019-12-31 | ₩570.16 Billion ≈ $386.39 Million |
+5.29% |
| 2018-12-31 | ₩541.53 Billion ≈ $366.98 Million |
+23.92% |
| 2017-12-31 | ₩436.98 Billion ≈ $296.14 Million |
+5.28% |
| 2016-12-31 | ₩415.08 Billion ≈ $281.29 Million |
+0.88% |
| 2015-12-31 | ₩411.45 Billion ≈ $278.83 Million |
+6.95% |
| 2014-12-31 | ₩384.73 Billion ≈ $260.73 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SK Securities Co Ltd Preference Shares'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 53.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩163.26 Billion | 29.63% |
| Other Components | ₩387.73 Billion | 70.37% |
| Total Equity | ₩551.00 Billion | 100.00% |
SK Securities Co Ltd Preference Shares Competitors by Market Cap
The table below lists competitors of SK Securities Co Ltd Preference Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ballarpur Industries Limited
NSE:BALLARPUR
|
$2.75 Billion |
|
Zhuhai CosMX Battery Co Ltd
SHG:688772
|
$2.75 Billion |
|
Adani Wilmar Limited
NSE:AWL
|
$2.75 Billion |
|
IHS Holding Ltd
NYSE:IHS
|
$2.75 Billion |
|
Supernus Pharmaceuticals Inc
NASDAQ:SUPN
|
$2.74 Billion |
|
Jiangsu Lopal Tech Co Ltd
SHG:603906
|
$2.74 Billion |
|
Zhuzhou Kibing Group Co Ltd
SHG:601636
|
$2.74 Billion |
|
Tianma Microelectronics Co Ltd
SHE:000050
|
$2.74 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SK Securities Co Ltd Preference Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 636,324,143,450 to 550,995,937,270, a change of -85,328,206,180 (-13.4%).
- Net loss of 82,546,404,000 reduced equity.
- Dividend payments of 855,253,110 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-82.55 Billion | -14.98% |
| Dividends Paid | ₩855.25 Million | -0.16% |
| Other Changes | ₩-1.93 Billion | -0.35% |
| Total Change | ₩- | -13.41% |
Book Value vs Market Value Analysis
This analysis compares SK Securities Co Ltd Preference Shares'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: 9.85x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩1340.31 | ₩13110.00 | x |
| 2018-12-31 | ₩1173.90 | ₩13110.00 | x |
| 2019-12-31 | ₩1235.94 | ₩13110.00 | x |
| 2020-12-31 | ₩1328.56 | ₩13110.00 | x |
| 2021-12-31 | ₩1468.60 | ₩13110.00 | x |
| 2022-12-31 | ₩1524.81 | ₩13110.00 | x |
| 2023-12-31 | ₩1537.36 | ₩13110.00 | x |
| 2024-12-31 | ₩1331.21 | ₩13110.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SK Securities Co Ltd Preference Shares 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): -14.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -35.52%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 11.09x
- Recent ROE (-14.98%) is below the historical average (1.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.90% | 0.75% | 0.12x | 9.60x | ₩-34.85 Billion |
| 2015 | 5.62% | 5.51% | 0.12x | 8.57x | ₩-17.93 Billion |
| 2016 | 2.76% | 6.38% | 0.05x | 9.45x | ₩-30.06 Billion |
| 2017 | 4.31% | 9.13% | 0.05x | 8.65x | ₩-24.88 Billion |
| 2018 | 2.58% | 6.58% | 0.06x | 6.94x | ₩-40.20 Billion |
| 2019 | 5.48% | 13.58% | 0.06x | 7.26x | ₩-25.79 Billion |
| 2020 | 1.98% | 4.71% | 0.05x | 9.32x | ₩-46.13 Billion |
| 2021 | 6.59% | 11.42% | 0.06x | 10.48x | ₩-20.75 Billion |
| 2022 | 1.49% | 3.24% | 0.04x | 10.24x | ₩-53.69 Billion |
| 2023 | 0.40% | 0.80% | 0.05x | 10.13x | ₩-61.08 Billion |
| 2024 | -14.98% | -35.52% | 0.04x | 11.09x | ₩-137.65 Billion |
Industry Comparison
This section compares SK Securities Co Ltd Preference Shares's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $199,204,829,198
- Average return on equity (ROE) among peers: 5.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SK Securities Co Ltd Preference Shares (001515) | ₩600.34 Billion | 0.90% | 11.13x | $2.74 Billion |
| Sk Securities (001510) | $436.98 Billion | 4.31% | 7.65x | $1.47 Billion |
| OCI Co Ltd (010060) | $862.42 Billion | 5.07% | 1.50x | $4.66 Billion |
| Atinum Investment Co. Ltd (021080) | $43.91 Billion | 0.67% | 0.54x | $105.04 Million |
| Stic Investments Inc (026890) | $107.93 Billion | 0.90% | 0.51x | $247.20 Million |
| Woori Technology Investment Co. Ltd (041190) | $75.51 Billion | 14.10% | 0.10x | $342.49 Million |
| IBKS No3 SPAC (225430) | $28.27 Billion | -14.04% | 0.64x | $9.77 Million |
| DSC Investment Inc (241520) | $92.68 Billion | 17.04% | 0.36x | $298.29 Million |
| SV Investment Corporation (289080) | $70.74 Billion | -7.40% | 0.31x | $148.56 Million |
| Company K Partners Limited (307930) | $74.41 Billion | 25.39% | 0.15x | $96.48 Million |
About SK Securities Co Ltd Preference Shares
SK Securities Co., Ltd., a financial investment company, provides various financial services. It operates through Consignment sales, IB, and Own trade segments. The company is involved in brokerage of consignment sales of securities and related business activities; investment finance activities, such as corporate finance, PF, and private equity fund; and holds and sells securities and derivatives… Read more