Samick Music I (002450) - Net Assets

Latest as of September 2025: ₩279.98 Billion KRW ≈ $189.74 Million USD

Based on the latest financial reports, Samick Music I (002450) has net assets worth ₩279.98 Billion KRW (≈ $189.74 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 (₩513.93 Billion ≈ $348.28 Million USD) and total liabilities (₩233.95 Billion ≈ $158.54 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. Check Samick Music I (002450) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩279.98 Billion
% of Total Assets	54.48%
Annual Growth Rate	N/A
5-Year Change	22.1%
10-Year Change	24.79%
Growth Volatility	7.7

Samick Music I - Net Assets Trend (2000–2024)

This chart illustrates how Samick Music I's net assets have evolved over time, based on quarterly financial data. Also explore Samick Music I asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Samick Music I (2000–2024)

The table below shows the annual net assets of Samick Music I from 2000 to 2024. For live valuation and market cap data, see Samick Music I market capitalisation.

Year	Net Assets	Change
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	--

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 21324732701000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩213.25 Billion	78.09%
Other Components	₩59.83 Billion	21.91%
Total Equity	₩273.08 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
Talenom Oyj HE:TNOM	$64.44 Million
Akoya Biosciences Inc NASDAQ:AKYA	$64.44 Million
Amata VN PCL BK:AMATAV	$64.45 Million
artnet AG Namens-Aktien o.N. XETRA:ART	$64.48 Million
RedcapTour Co. Ltd KQ:038390	$64.40 Million
Senstar Technologies Ltd NASDAQ:SNT	$64.40 Million
HY Energy Group Co Ltd SHG:600387	$64.39 Million
Gohigh Data Networks Technology Co Ltd SHE:000851	$64.38 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 2023 to 2024, total equity changed from 262,957,223,870 to 273,075,226,520, a change of 10,118,002,650 (3.8%).
Net income of 3,147,185,190 contributed positively to equity growth.
Dividend payments of 4,051,369,600 reduced retained earnings.
Share repurchases of 6,404,992,460 reduced equity.
Other factors increased equity by 17,427,179,520.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩3.15 Billion	+1.15%
Dividends Paid	₩4.05 Billion	-1.48%
Share Repurchases	₩6.40 Billion	-2.35%
Other Changes	₩17.43 Billion	+6.38%
Total Change	₩-	3.85%

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: 0.35x
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 0.50x to 0.35x 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	₩1250.00	x
2018-12-31	₩2528.26	₩1250.00	x
2019-12-31	₩2685.35	₩1250.00	x
2020-12-31	₩2670.69	₩1250.00	x
2021-12-31	₩3052.48	₩1250.00	x
2022-12-31	₩3225.40	₩1250.00	x
2023-12-31	₩3245.15	₩1250.00	x
2024-12-31	₩3591.63	₩1250.00	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): 1.15%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.37%
• Asset Turnover: 0.44x
• Equity Multiplier: 1.92x
Recent ROE (1.15%) is below the historical average (9.20%), 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

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: $226,529,931,461
Average return on equity (ROE) among peers: 5.74%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Samick Music I (002450)	₩279.98 Billion	90.43%	0.84x	$64.41 Million
YoungPoong (000670)	$471.92 Billion	0.00%	1.01x	$822.21 Million
Sam Hwa Capaci (001820)	$22.52 Billion	31.89%	1.98x	$467.29 Million
Hansol Technics (004710)	$34.25 Billion	0.00%	5.26x	$173.10 Million
Sunny Elec (004770)	$30.06 Billion	0.40%	0.10x	$43.99 Million
Samyoung Elec (005680)	$363.17 Billion	5.47%	0.12x	$197.81 Million
PJ Electronics Co. Ltd (006140)	$109.57 Billion	4.53%	0.33x	$71.73 Million
Isupetasys (007660)	$168.70 Billion	12.06%	1.02x	$7.48 Billion
Korea Circuit Co. Ltd. (007810)	$128.70 Billion	2.46%	0.61x	$1.51 Billion
Korea Circuit Co Ltd (007815)	$709.89 Billion	-5.16%	0.74x	$43.40 Million

About Samick Music I

KO:002450 Korea Electronic Components

Market Cap

$64.41 Million

₩95.04 Billion KRW

Market Cap Rank

#20898 Global

#1284 in Korea

Share Price

₩1250.00

Change (1 day)

+0.00%

52-Week Range

₩1129.00 - ₩1410.00

All Time High

₩3273.30