Shin Hwa Silup
Shin Hwa Dynamics Co.,Ltd. manufactures and sells tin plates. Its electrolytic tinplate steel sheet is used as a packaging material in canned vegetables and fruits, paint container, oil container, medicine tin can, and general tin cans, as well as batteries and crown caps for bottles. The company was formerly known as Shin Hwa Sil Up Co.,Ltd and changed its name to Shin Hwa Dynamics Co., Ltd. in … Read more
Shin Hwa Silup (001770) - Net Assets
Latest net assets as of September 2025: ₩55.09 Billion KRW
Based on the latest financial reports, Shin Hwa Silup (001770) has net assets worth ₩55.09 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 (₩84.01 Billion) and total liabilities (₩28.92 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 | ₩55.09 Billion |
| % of Total Assets | 65.57% |
| Annual Growth Rate | 3.25% |
| 5-Year Change | 54.94% |
| 10-Year Change | 36.02% |
| Growth Volatility | 9.57 |
Shin Hwa Silup - Net Assets Trend (2013–2024)
This chart illustrates how Shin Hwa Silup's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shin Hwa Silup (2013–2024)
The table below shows the annual net assets of Shin Hwa Silup from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩53.62 Billion | +4.58% |
| 2023-12-31 | ₩51.27 Billion | -0.37% |
| 2022-12-31 | ₩51.46 Billion | +26.74% |
| 2021-12-31 | ₩40.60 Billion | +17.33% |
| 2020-12-31 | ₩34.60 Billion | +1.30% |
| 2019-12-31 | ₩34.16 Billion | +0.37% |
| 2018-12-31 | ₩34.03 Billion | -7.61% |
| 2017-12-31 | ₩36.84 Billion | -6.38% |
| 2016-12-31 | ₩39.35 Billion | -0.18% |
| 2015-12-31 | ₩39.42 Billion | +4.23% |
| 2014-12-31 | ₩37.82 Billion | +0.27% |
| 2013-12-31 | ₩37.72 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shin Hwa Silup'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 89.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩46.70 Billion | 87.10% |
| Other Components | ₩6.91 Billion | 12.90% |
| Total Equity | ₩53.62 Billion | 100.00% |
Shin Hwa Silup Competitors by Market Cap
The table below lists competitors of Shin Hwa Silup ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tek Seng Holdings Bhd
KLSE:7200
|
$7.22 Million |
|
Bank Mnc Internasional Tbk
JK:BABP
|
$7.22 Million |
|
Glunz & Jensen
CO:GJ
|
$7.22 Million |
|
ASM INT
MU:AVS
|
$7.23 Million |
|
FOTRF
OTCGREY:FOTRF
|
$7.22 Million |
|
Medirom Healthcare Technologies Inc
NASDAQ:MRM
|
$7.22 Million |
|
ECA
KLSE:0267
|
$7.22 Million |
|
Eagle Filters Group Oyj
HE:EAGLE
|
$7.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shin Hwa Silup's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 51,265,337,410 to 53,615,737,050, a change of 2,350,399,640 (4.6%).
- Net income of 2,927,969,950 contributed positively to equity growth.
- Dividend payments of 121,487,800 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.93 Billion | +5.46% |
| Dividends Paid | ₩121.49 Million | -0.23% |
| Other Changes | ₩-456.08 Million | -0.85% |
| Total Change | ₩- | 4.58% |
Book Value vs Market Value Analysis
This analysis compares Shin Hwa Silup'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: 0.40x
- 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 decreased from 0.58x to 0.40x 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 | ₩30319.93 | ₩17680.00 | x |
| 2018-12-31 | ₩28014.06 | ₩17680.00 | x |
| 2019-12-31 | ₩28118.48 | ₩17680.00 | x |
| 2020-12-31 | ₩28483.69 | ₩17680.00 | x |
| 2021-12-31 | ₩33419.55 | ₩17680.00 | x |
| 2022-12-31 | ₩42354.85 | ₩17680.00 | x |
| 2023-12-31 | ₩42197.93 | ₩17680.00 | x |
| 2024-12-31 | ₩44132.61 | ₩17680.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shin Hwa Silup 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): 5.46%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.75%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 1.53x
- Recent ROE (5.46%) is above the historical average (4.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -5.30% | -2.59% | 0.95x | 2.16x | ₩-5.77 Billion |
| 2014 | 1.34% | 0.82% | 0.83x | 1.97x | ₩-3.28 Billion |
| 2015 | 4.90% | 3.38% | 0.82x | 1.77x | ₩-2.01 Billion |
| 2016 | 1.46% | 0.82% | 1.00x | 1.78x | ₩-3.36 Billion |
| 2017 | -5.64% | -3.39% | 0.87x | 1.91x | ₩-5.76 Billion |
| 2018 | 6.54% | 3.11% | 1.11x | 1.90x | ₩-1.18 Billion |
| 2019 | 2.82% | 1.30% | 1.13x | 1.91x | ₩-2.45 Billion |
| 2020 | 1.41% | 0.63% | 1.20x | 1.86x | ₩-2.97 Billion |
| 2021 | 14.27% | 5.53% | 1.47x | 1.75x | ₩1.73 Billion |
| 2022 | 21.03% | 8.64% | 1.42x | 1.72x | ₩5.67 Billion |
| 2023 | 0.22% | 0.10% | 1.25x | 1.65x | ₩-5.02 Billion |
| 2024 | 5.46% | 2.75% | 1.30x | 1.53x | ₩-2.43 Billion |
Industry Comparison
This section compares Shin Hwa Silup's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $145,310,368,463
- Average return on equity (ROE) among peers: 6.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shin Hwa Silup (001770) | ₩55.09 Billion | -5.30% | 0.53x | $7.22 Million |
| Export Packing (002200) | $216.92 Billion | -2.43% | 0.38x | $37.81 Million |
| Shin Poong Pap (002870) | $52.23 Billion | 16.72% | 2.20x | $13.09 Million |
| Sam Young Chem (003720) | $52.10 Billion | 5.19% | 1.61x | $118.93 Million |
| NPC Co. Ltd (004250) | $45.33 Billion | 10.07% | 0.26x | $36.66 Million |
| National Plastic Co Ltd Preferred (004255) | $261.01 Billion | 4.54% | 0.51x | $21.26 Million |
| Samhwa Crown (004450) | $115.04 Billion | 6.86% | 0.24x | $6.79 Million |
| Daeryuk Can Co. Ltd (004780) | $100.06 Billion | 9.61% | 0.54x | $19.33 Million |
| Wonlim Corp. (005820) | $143.93 Billion | 5.00% | 0.18x | $7.14 Million |
| Youlchon Chem (008730) | $321.19 Billion | 6.51% | 0.64x | $182.52 Million |