Samick Music I Net Assets

Latest as of March 2026: ₩297.14 Billion KRW ≈ $201.37 Million USD

Samick Music I net assets. Based on the latest financial reports, Samick Music I (002450) has net assets worth ₩297.14 Billion KRW (≈ $201.37 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩541.24 Billion ≈ $366.79 Million USD) and total liabilities (₩244.10 Billion ≈ $165.42 Million 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. Also explore 002450 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric Value
Current Net Assets ₩297.14 Billion
% of Total Assets 54.9%
Annual Growth Rate N/A
5-Year Change 10.24%
10-Year Change 24.71%
Growth Volatility 7.53

Net Assets of Samick Music I (2000–2025)

Net assets of Samick Music I from 2000 to 2025. This chart illustrates how Samick Music I's net assets have evolved over time, based on quarterly financial data. See Samick Music I balance sheet independence to measure how much of total assets are equity-financed.

Annual Net Assets for Samick Music I (2000–2025)

The table below shows the annual net assets of Samick Music I from 2000 to 2025. For live market cap and overall valuation, see Samick Music I market capitalisation.

Year Net Assets Change
2025-12-31 ₩279.90 Billion
≈ $189.69 Million
+2.85%
2024-12-31 ₩272.15 Billion
≈ $184.43 Million
+3.79%
2023-12-31 ₩262.20 Billion
≈ $177.69 Million
+0.59%
2022-12-31 ₩260.65 Billion
≈ $176.64 Million
+2.66%
2021-12-31 ₩253.91 Billion
≈ $172.07 Million
+13.91%
2020-12-31 ₩222.90 Billion
≈ $151.05 Million
-0.57%
2019-12-31 ₩224.16 Billion
≈ $151.91 Million
+6.00%
2018-12-31 ₩211.48 Billion
≈ $143.32 Million
+2.35%
2017-12-31 ₩206.62 Billion
≈ $140.02 Million
-7.94%
2016-12-31 ₩224.44 Billion
≈ $152.10 Million
+2.91%
2015-12-31 ₩218.09 Billion
≈ $147.80 Million
+2.63%
2014-12-31 ₩212.51 Billion
≈ $144.02 Million
+16.95%
2013-12-31 ₩181.71 Billion
≈ $123.14 Million
+26.20%
2012-12-31 ₩143.99 Billion
≈ $97.58 Million
-0.41%
2011-12-31 ₩144.58 Billion
≈ $97.98 Million
+2.96%
2010-12-31 ₩140.42 Billion
≈ $95.16 Million
+2.30%
2009-12-31 ₩137.26 Billion
≈ $93.02 Million
+6.06%
2008-12-31 ₩129.42 Billion
≈ $87.71 Million
+7.27%
2007-12-31 ₩120.65 Billion
≈ $81.77 Million
+4.78%
2006-12-31 ₩115.15 Billion
≈ $78.03 Million
-1.74%
2005-12-31 ₩117.19 Billion
≈ $79.41 Million
+2.40%
2004-12-31 ₩114.44 Billion
≈ $77.56 Million
-12.72%
2003-12-31 ₩131.12 Billion
≈ $88.86 Million
+1.62%
2002-12-31 ₩129.03 Billion
≈ $87.44 Million
+723.67%
2001-12-31 ₩-20.69 Billion
≈ $-14.02 Million
-204.95%
2000-12-31 ₩-6.78 Billion
≈ $-4.60 Million
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Equity Component Analysis

This analysis shows how different components contribute to Samick Music I'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 22679478634000.0% over the analyzed period, indicating profitable operations and earnings retention.

Samick Music I Net Assets Breakdown (December 2025)

Samick Music I net assets breakdown by equity component as of December 2025.

Component Amount Percentage
Retained Earnings ₩226.79 Billion 80.67%
Other Components ₩54.34 Billion 19.33%
Total Equity ₩281.14 Billion 100.00%

Samick Music I Competitors by Market Cap

The table below lists competitors of Samick Music I ranked by their market capitalization.

Company Market Cap
SuperCom Ltd
F:50S
$52.50 Million
Aurea SA
PA:AURE
$52.54 Million
U-Media Communications
TWO:6470
$52.55 Million
Katmerciler Arac Ustu Ekipman Sanayi ve Ticaret AS
IS:KATMR
$52.57 Million
Pratama Widya Tbk Pt
JK:PTPW
$52.49 Million
Hankook Furniture Co. Ltd
KQ:004590
$52.45 Million
British Land Company PLC
LSE:BLND
$52.43 Million
Thonburi Medical Centre Public Company Limited
BK:KDH
$52.41 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Samick Music I's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 273,075,226,520 to 281,138,231,940, a change of 8,063,005,420 (3.0%).
  • Net income of 17,613,750,830 contributed positively to equity growth.
  • Dividend payments of 3,801,369,600 reduced retained earnings.
  • Share repurchases of 2,373,360 reduced equity.
  • Other factors decreased equity by 5,747,002,450.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ₩17.61 Billion +6.27%
Dividends Paid ₩3.80 Billion -1.35%
Share Repurchases ₩2.37 Million -0.0%
Other Changes ₩-5.75 Billion -2.04%
Total Change ₩- 2.95%

Book Value vs Market Value Analysis

This analysis compares Samick Music I'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: 0.28x
  • 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 0.41x to 0.28x 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 ₩2507.58 ₩1019.00 x
2018-12-31 ₩2528.26 ₩1019.00 x
2019-12-31 ₩2685.35 ₩1019.00 x
2020-12-31 ₩2670.69 ₩1019.00 x
2021-12-31 ₩3052.48 ₩1019.00 x
2022-12-31 ₩3225.40 ₩1019.00 x
2023-12-31 ₩3245.15 ₩1019.00 x
2024-12-31 ₩3591.63 ₩1019.00 x
2025-12-31 ₩3697.68 ₩1019.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Samick Music I 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): 6.27%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.85%
  • • Asset Turnover: 0.44x
  • • Equity Multiplier: 1.83x
  • Recent ROE (6.27%) is below the historical average (9.08%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 90.43% 61.41% 0.59x 2.48x ₩98.52 Billion
2003 11.15% 8.12% 0.60x 2.30x ₩1.41 Billion
2005 7.31% 5.96% 0.65x 1.87x ₩-3.15 Billion
2006 2.75% 2.79% 0.57x 1.74x ₩-8.33 Billion
2007 3.89% 4.33% 0.51x 1.76x ₩-7.33 Billion
2008 1.29% 1.29% 0.49x 2.05x ₩-11.21 Billion
2009 6.03% 7.07% 0.42x 2.04x ₩-5.30 Billion
2010 3.19% 3.25% 0.45x 2.20x ₩-9.36 Billion
2011 1.51% 1.32% 0.47x 2.44x ₩-12.26 Billion
2012 5.33% 4.93% 0.48x 2.25x ₩-6.71 Billion
2013 25.40% 29.10% 0.46x 1.90x ₩27.96 Billion
2014 5.06% 6.90% 0.41x 1.79x ₩-10.47 Billion
2015 3.81% 5.15% 0.39x 1.88x ₩-13.47 Billion
2016 2.82% 3.03% 0.50x 1.85x ₩-16.07 Billion
2017 -2.47% -2.02% 0.44x 2.80x ₩-26.75 Billion
2018 6.54% 5.76% 0.40x 2.81x ₩-7.30 Billion
2019 6.08% 5.14% 0.43x 2.73x ₩-8.78 Billion
2020 4.50% 4.05% 0.40x 2.79x ₩-12.27 Billion
2021 9.64% 8.32% 0.50x 2.30x ₩-914.05 Million
2022 5.78% 4.64% 0.62x 2.00x ₩-11.03 Billion
2023 1.30% 1.38% 0.46x 2.03x ₩-22.87 Billion
2024 1.15% 1.37% 0.44x 1.92x ₩-24.16 Billion
2025 6.27% 7.85% 0.44x 1.83x ₩-10.50 Billion

Industry Comparison

This section compares Samick Music I's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

  • Industry: Electronic Components
  • Average net assets among peers: $232,276,483,087
  • Average return on equity (ROE) among peers: 4.74%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Samick Music I (002450) ₩297.14 Billion 90.43% 0.82x $52.50 Million
YoungPoong (000670) $534.81 Billion 4.38% 0.87x $380.48 Million
Sam Hwa Capaci (001820) $153.90 Billion 19.26% 0.40x $681.47 Million
Hansol Technics (004710) $189.40 Billion 5.36% 1.11x $176.08 Million
Sunny Elec (004770) $29.75 Billion 2.21% 0.19x $36.07 Million
Samyoung Elec (005680) $490.89 Billion 2.33% 0.05x $142.95 Million
PJ Electronics Co. Ltd (006140) $132.71 Billion 6.95% 0.45x $46.09 Million
Seondo Electric Co., Ltd. (007610) $76.88 Billion 2.03% 0.73x $35.48 Million
Isupetasys (007660) $91.66 Billion 0.00% 1.44x $3.97 Billion
Korea Circuit Co. Ltd. (007810) $390.49 Billion 0.18% 0.22x $1.16 Billion

About Samick Music I

KO:002450 Korea Electronic Components
Market Cap
$52.50 Million
₩77.48 Billion KRW
Market Cap Rank
#21521 Global
#1273 in Korea
Share Price
₩1019.00
Change (1 day)
+0.00%
52-Week Range
₩1002.00 - ₩1349.00
All Time High
₩3273.30
About

SAMICK MUSICAL INSTRUMENT Co., Ltd, together with subsidiaries, manufactures, and sells musical instruments in South Korea. It offers pianos, digital pianos and audios, DJ, guitar and bass products, ukulele, and orchestra, as well as musical instruments for teaching materials. The company also sells its products online. The company was founded in 1958 and is headquartered in Eumseong-eup, South K… Read more