Sun&L Co Ltd
SUN&L Co., Ltd. produces and markets timber products in South Korea and internationally. The company offers plywood, medium density fiber-boards, lumber products, and PB and OSB boards. It is also involved in the transportation, heavy equipment rental, and maintenance and management businesses; and provision of consulting services. The company was formerly known as Sunchang Corporation and change… Read more
Sun&L Co Ltd (002820) - Net Assets
Latest net assets as of September 2025: ₩225.06 Billion KRW
Based on the latest financial reports, Sun&L Co Ltd (002820) has net assets worth ₩225.06 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 (₩481.80 Billion) and total liabilities (₩256.75 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 | ₩225.06 Billion |
| % of Total Assets | 46.71% |
| Annual Growth Rate | 1.32% |
| 5-Year Change | 10.74% |
| 10-Year Change | -17.53% |
| Growth Volatility | 14.47 |
Sun&L Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Sun&L Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sun&L Co Ltd (2004–2024)
The table below shows the annual net assets of Sun&L Co Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩225.09 Billion | -2.72% |
| 2023-12-31 | ₩231.39 Billion | +53.80% |
| 2022-12-31 | ₩150.45 Billion | -10.61% |
| 2021-12-31 | ₩168.30 Billion | -17.20% |
| 2020-12-31 | ₩203.27 Billion | -6.24% |
| 2019-12-31 | ₩216.80 Billion | -15.01% |
| 2018-12-31 | ₩255.10 Billion | -5.55% |
| 2017-12-31 | ₩270.10 Billion | -4.40% |
| 2016-12-31 | ₩282.52 Billion | +3.51% |
| 2015-12-31 | ₩272.94 Billion | +1.74% |
| 2014-12-31 | ₩268.29 Billion | +1.41% |
| 2013-12-31 | ₩264.55 Billion | -0.43% |
| 2012-12-31 | ₩265.68 Billion | -2.57% |
| 2011-12-31 | ₩272.71 Billion | +25.88% |
| 2010-12-31 | ₩216.64 Billion | +1.33% |
| 2009-12-31 | ₩213.80 Billion | +7.46% |
| 2008-12-31 | ₩198.96 Billion | -2.30% |
| 2007-12-31 | ₩203.64 Billion | -0.12% |
| 2007-09-30 | ₩203.87 Billion | +8.03% |
| 2006-12-31 | ₩188.72 Billion | +2.49% |
| 2005-12-31 | ₩184.14 Billion | +6.40% |
| 2004-12-31 | ₩173.05 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sun&L Co Ltd'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 decreased by 243.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩301.20 Billion | 135.21% |
| Total Equity | ₩222.76 Billion | 100.00% |
Sun&L Co Ltd Competitors by Market Cap
The table below lists competitors of Sun&L Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Regal Hotels International Holdings Limited
F:RH6B
|
$9.81 Million |
|
Agtira AB
ST:AGTIRA-B
|
$9.81 Million |
|
MISSION GROUP PLC LS -10
F:M7K
|
$9.81 Million |
|
Zodiac Clothing Company Limited
NSE:ZODIACLOTH
|
$9.82 Million |
|
Coronation Fund Managers Ltd
JSE:CML
|
$9.80 Million |
|
Eagle Plains Resources Ltd
PINK:EGPLF
|
$9.80 Million |
|
ReFuels N.V.
OL:REFL
|
$9.80 Million |
|
Vate Technology Co Ltd
TWO:5344
|
$9.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sun&L Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 236,282,822,980 to 222,758,292,310, a change of -13,524,530,670 (-5.7%).
- Net loss of 15,725,949,700 reduced equity.
- Share repurchases of 1,755,000 reduced equity.
- New share issuances of 500,000,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-15.73 Billion | -7.06% |
| Share Repurchases | ₩1.75 Million | -0.0% |
| Share Issuances | ₩500.00 Million | +0.22% |
| Other Changes | ₩1.70 Billion | +0.76% |
| Total Change | ₩- | -5.72% |
Book Value vs Market Value Analysis
This analysis compares Sun&L Co Ltd'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: 0.13x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩21902.25 | ₩2345.00 | x |
| 2018-12-31 | ₩20911.61 | ₩2345.00 | x |
| 2019-12-31 | ₩17712.20 | ₩2345.00 | x |
| 2020-12-31 | ₩17123.78 | ₩2345.00 | x |
| 2021-12-31 | ₩14374.75 | ₩2345.00 | x |
| 2022-12-31 | ₩12936.14 | ₩2345.00 | x |
| 2023-12-31 | ₩19587.07 | ₩2345.00 | x |
| 2024-12-31 | ₩18465.93 | ₩2345.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sun&L Co Ltd 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): -7.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.63%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.26x
- Recent ROE (-7.06%) is below the historical average (-4.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 2.46% | 2.04% | 0.68x | 1.78x | ₩-13.05 Billion |
| 2005 | 6.56% | 5.83% | 0.63x | 1.77x | ₩-6.33 Billion |
| 2006 | 3.22% | 2.65% | 0.65x | 1.86x | ₩-12.79 Billion |
| 2007 | 8.27% | 6.39% | 0.65x | 1.98x | ₩-3.53 Billion |
| 2007 | 0.87% | 2.31% | 0.19x | 1.99x | ₩-18.60 Billion |
| 2009 | 7.32% | 5.16% | 0.81x | 1.76x | ₩-5.73 Billion |
| 2010 | 1.98% | 1.36% | 0.84x | 1.74x | ₩-17.38 Billion |
| 2011 | 2.18% | 1.76% | 0.68x | 1.82x | ₩-21.33 Billion |
| 2013 | 0.91% | 0.60% | 0.78x | 1.96x | ₩-24.12 Billion |
| 2014 | -0.84% | -0.47% | 0.92x | 1.95x | ₩-29.12 Billion |
| 2015 | 1.58% | 0.77% | 0.98x | 2.10x | ₩-22.57 Billion |
| 2016 | 3.10% | 1.56% | 0.95x | 2.08x | ₩-19.15 Billion |
| 2017 | -1.34% | -0.57% | 1.01x | 2.32x | ₩-30.21 Billion |
| 2018 | -3.09% | -1.39% | 0.91x | 2.46x | ₩-33.30 Billion |
| 2019 | -17.13% | -8.22% | 0.84x | 2.48x | ₩-59.37 Billion |
| 2020 | -4.45% | -2.23% | 0.78x | 2.56x | ₩-29.86 Billion |
| 2021 | -19.53% | -7.28% | 0.82x | 3.27x | ₩-51.21 Billion |
| 2022 | -11.70% | -3.60% | 0.97x | 3.36x | ₩-33.86 Billion |
| 2023 | -68.10% | -36.48% | 0.70x | 2.66x | ₩-184.53 Billion |
| 2024 | -7.06% | -4.63% | 0.67x | 2.26x | ₩-38.00 Billion |
Industry Comparison
This section compares Sun&L Co Ltd's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $225,198,734,640
- Average return on equity (ROE) among peers: 1.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sun&L Co Ltd (002820) | ₩225.06 Billion | 2.46% | 1.14x | $9.80 Million |
| Sungchang Hold (000180) | $278.94 Billion | 0.80% | 0.30x | $43.70 Million |
| Eagon Ind (008250) | $108.10 Billion | 1.72% | 1.68x | $16.80 Million |
| Dongwha Enterprise Co.Ltd (025900) | $288.56 Billion | 0.54% | 1.13x | $80.79 Million |