Sam Yung Tradi (002810) - Net Assets
Based on the latest financial reports, Sam Yung Tradi (002810) has net assets worth ₩649.67 Billion KRW (≈ $440.27 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 (₩755.63 Billion ≈ $512.08 Million USD) and total liabilities (₩105.96 Billion ≈ $71.81 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 Sam Yung Tradi liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩649.67 Billion |
| % of Total Assets | 85.98% |
| Annual Growth Rate | 9.03% |
| 5-Year Change | 46.32% |
| 10-Year Change | 135.62% |
| Growth Volatility | 15.24 |
Sam Yung Tradi - Net Assets Trend (2001–2024)
This chart illustrates how Sam Yung Tradi's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Sam Yung Tradi for the complete picture of this company's asset base.
Annual Net Assets for Sam Yung Tradi (2001–2024)
The table below shows the annual net assets of Sam Yung Tradi from 2001 to 2024. For live valuation and market cap data, see 002810 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩616.43 Billion ≈ $417.75 Million |
+10.95% |
| 2023-12-31 | ₩555.61 Billion ≈ $376.53 Million |
+8.51% |
| 2022-12-31 | ₩512.03 Billion ≈ $347.00 Million |
+10.31% |
| 2021-12-31 | ₩464.18 Billion ≈ $314.57 Million |
+10.18% |
| 2020-12-31 | ₩421.28 Billion ≈ $285.50 Million |
+5.96% |
| 2019-12-31 | ₩397.58 Billion ≈ $269.44 Million |
+18.85% |
| 2018-12-31 | ₩334.52 Billion ≈ $226.70 Million |
+8.03% |
| 2017-12-31 | ₩309.65 Billion ≈ $209.84 Million |
+8.00% |
| 2016-12-31 | ₩286.71 Billion ≈ $194.30 Million |
+9.59% |
| 2015-12-31 | ₩261.62 Billion ≈ $177.30 Million |
+6.70% |
| 2014-12-31 | ₩245.19 Billion ≈ $166.16 Million |
+8.69% |
| 2013-12-31 | ₩225.59 Billion ≈ $152.88 Million |
+8.96% |
| 2012-12-31 | ₩207.05 Billion ≈ $140.31 Million |
+10.35% |
| 2011-12-31 | ₩187.62 Billion ≈ $127.15 Million |
+74.13% |
| 2005-12-31 | ₩107.75 Billion ≈ $73.02 Million |
+6.63% |
| 2004-12-31 | ₩101.05 Billion ≈ $68.48 Million |
+4.73% |
| 2003-12-31 | ₩96.49 Billion ≈ $65.39 Million |
+7.07% |
| 2002-12-31 | ₩90.11 Billion ≈ $61.07 Million |
+6.83% |
| 2001-12-31 | ₩84.35 Billion ≈ $57.16 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sam Yung Tradi'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 51056664724000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩510.57 Billion | 91.39% |
| Other Components | ₩48.08 Billion | 8.61% |
| Total Equity | ₩558.64 Billion | 100.00% |
Sam Yung Tradi Competitors by Market Cap
The table below lists competitors of Sam Yung Tradi ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shin Shin Natural Gas Co Ltd
TW:9918
|
$242.56 Million |
|
LAVIPHARM S.A. NA EO 1
F:BXA0
|
$242.59 Million |
|
Third Harmonic Bio Inc.
NASDAQ:THRD
|
$242.79 Million |
|
Becamex Infrastructure Development JSC
VN:IJC
|
$242.79 Million |
|
Vertical Aerospace Ltd
NYSE:EVTL
|
$242.48 Million |
|
Naturgy BAN SA
BA:GBAN
|
$242.39 Million |
|
Cogelec SA
PA:ALLEC
|
$242.29 Million |
|
Deo Ca Traffic Infrastructure Investment JSC
VN:HHV
|
$242.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sam Yung Tradi's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 502,096,218,050 to 558,644,982,080, a change of 56,548,764,030 (11.3%).
- Net income of 56,753,588,340 contributed positively to equity growth.
- Dividend payments of 11,266,987,430 reduced retained earnings.
- Other factors increased equity by 11,062,163,120.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩56.75 Billion | +10.16% |
| Dividends Paid | ₩11.27 Billion | -2.02% |
| Other Changes | ₩11.06 Billion | +1.98% |
| Total Change | ₩- | 11.26% |
Book Value vs Market Value Analysis
This analysis compares Sam Yung Tradi'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: 0.64x
- 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 1.21x to 0.64x 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 | ₩16803.23 | ₩20300.00 | x |
| 2018-12-31 | ₩19519.32 | ₩20300.00 | x |
| 2019-12-31 | ₩20963.77 | ₩20300.00 | x |
| 2020-12-31 | ₩21514.41 | ₩20300.00 | x |
| 2021-12-31 | ₩23697.38 | ₩20300.00 | x |
| 2022-12-31 | ₩26237.85 | ₩20300.00 | x |
| 2023-12-31 | ₩28482.71 | ₩20300.00 | x |
| 2024-12-31 | ₩31690.59 | ₩20300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sam Yung Tradi 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): 10.16%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.82%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.30x
- Recent ROE (10.16%) is above the historical average (8.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 6.09% | 2.76% | 1.57x | 1.41x | ₩-3.07 Billion |
| 2002 | 7.34% | 3.61% | 1.51x | 1.34x | ₩-2.26 Billion |
| 2003 | 9.31% | 5.94% | 1.20x | 1.31x | ₩-632.13 Million |
| 2004 | 8.20% | 4.73% | 1.37x | 1.27x | ₩-1.76 Billion |
| 2005 | 9.30% | 6.18% | 1.10x | 1.37x | ₩-751.16 Million |
| 2011 | 8.27% | 5.51% | 1.17x | 1.28x | ₩-3.23 Billion |
| 2012 | 10.66% | 8.02% | 1.10x | 1.21x | ₩1.37 Billion |
| 2013 | 8.93% | 7.55% | 0.97x | 1.22x | ₩-2.40 Billion |
| 2014 | 8.79% | 8.13% | 0.89x | 1.21x | ₩-2.96 Billion |
| 2015 | 7.27% | 8.43% | 0.74x | 1.16x | ₩-7.13 Billion |
| 2016 | 8.56% | 10.93% | 0.67x | 1.17x | ₩-4.12 Billion |
| 2017 | 9.23% | 10.99% | 0.72x | 1.17x | ₩-2.39 Billion |
| 2018 | 8.65% | 10.73% | 0.70x | 1.16x | ₩-4.50 Billion |
| 2019 | 9.94% | 13.07% | 0.54x | 1.42x | ₩-232.44 Million |
| 2020 | 7.43% | 7.18% | 0.74x | 1.41x | ₩-9.75 Billion |
| 2021 | 9.65% | 8.63% | 0.81x | 1.39x | ₩-1.45 Billion |
| 2022 | 11.64% | 10.93% | 0.79x | 1.35x | ₩7.58 Billion |
| 2023 | 9.97% | 10.50% | 0.71x | 1.35x | ₩-142.83 Million |
| 2024 | 10.16% | 11.82% | 0.66x | 1.30x | ₩889.09 Million |
Industry Comparison
This section compares Sam Yung Tradi's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $111,748,241,092
- Average return on equity (ROE) among peers: -4.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sam Yung Tradi (002810) | ₩649.67 Billion | 6.09% | 0.16x | $242.51 Million |
| Gs Global (001250) | $26.08 Billion | 0.00% | 15.96x | $285.68 Million |
| Hae In (003010) | $91.31 Billion | 1.03% | 1.57x | $48.99 Million |
| Playgram Co. Ltd (009810) | $57.45 Billion | -3.07% | 0.29x | $24.25 Million |
| Hyundai Corp (011760) | $329.48 Billion | 0.00% | 4.52x | $251.52 Million |
| Duckshin Housing Co. Ltd (090410) | $54.43 Billion | -22.40% | 1.04x | $41.01 Million |
About Sam Yung Tradi
Samyung Trading Co., Ltd. primarily supplies organic and inorganic chemical products worldwide. Its chemical products include paint, paint thinner, ink/glue, binder/photo gravure printing/synthetic leather, urethane and other synthetic resins/medical composition, minute chemical reagent/fiber, leather/plating/glass/metal detergent, and other solvents. The company provides vision care products, su… Read more