Sung Bo Chem (003080) - Net Assets
Based on the latest financial reports, Sung Bo Chem (003080) has net assets worth ₩167.59 Billion KRW (≈ $113.58 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 (₩246.01 Billion ≈ $166.72 Million USD) and total liabilities (₩78.41 Billion ≈ $53.14 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 Sung Bo Chem asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩167.59 Billion |
| % of Total Assets | 68.13% |
| Annual Growth Rate | 3.16% |
| 5-Year Change | -8.32% |
| 10-Year Change | 39.72% |
| Growth Volatility | 23.56 |
Sung Bo Chem - Net Assets Trend (2013–2024)
This chart illustrates how Sung Bo Chem's net assets have evolved over time, based on quarterly financial data. Also explore Sung Bo Chem (003080) total assets for the complete picture of this company's asset base.
Annual Net Assets for Sung Bo Chem (2013–2024)
The table below shows the annual net assets of Sung Bo Chem from 2013 to 2024. For live valuation and market cap data, see 003080 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩125.30 Billion ≈ $84.92 Million |
-5.44% |
| 2023-12-31 | ₩132.52 Billion ≈ $89.80 Million |
-3.56% |
| 2022-12-31 | ₩137.40 Billion ≈ $93.12 Million |
+1.23% |
| 2021-12-31 | ₩135.73 Billion ≈ $91.98 Million |
-0.69% |
| 2020-12-31 | ₩136.68 Billion ≈ $92.62 Million |
-6.79% |
| 2019-12-31 | ₩146.63 Billion ≈ $99.37 Million |
-4.59% |
| 2018-12-31 | ₩153.69 Billion ≈ $104.15 Million |
-4.79% |
| 2017-12-31 | ₩161.41 Billion ≈ $109.39 Million |
+0.54% |
| 2016-12-31 | ₩160.55 Billion ≈ $108.80 Million |
+79.03% |
| 2015-12-31 | ₩89.68 Billion ≈ $60.77 Million |
-1.35% |
| 2014-12-31 | ₩90.91 Billion ≈ $61.61 Million |
+2.20% |
| 2013-12-31 | ₩88.94 Billion ≈ $60.28 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sung Bo Chem'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 142.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩75.00 Billion | 59.63% |
| Other Components | ₩50.78 Billion | 40.37% |
| Total Equity | ₩125.78 Billion | 100.00% |
Sung Bo Chem Competitors by Market Cap
The table below lists competitors of Sung Bo Chem ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A.
WAR:ZRE
|
$35.79 Million |
|
SK Discovery Co Ltd
KO:006125
|
$35.81 Million |
|
Culp, Inc. Common Stock
NASDAQ:CULP
|
$35.84 Million |
|
Latrobe Magnesium Limited
F:L2Q
|
$35.84 Million |
|
FlexQube AB
ST:FLEXQ
|
$35.77 Million |
|
Megastar Foods Limited
NSE:MEGASTAR
|
$35.76 Million |
|
Tamul Multimedia Co. Ltd
KQ:093640
|
$35.75 Million |
|
Candles Scandinavia AB Series B
ST:CANDLE-B
|
$35.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sung Bo Chem's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 132,781,288,240 to 125,782,862,300, a change of -6,998,425,940 (-5.3%).
- Net loss of 3,442,408,930 reduced equity.
- Dividend payments of 2,645,130,720 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-3.44 Billion | -2.74% |
| Dividends Paid | ₩2.65 Billion | -2.1% |
| Other Changes | ₩-910.89 Million | -0.72% |
| Total Change | ₩- | -5.27% |
Book Value vs Market Value Analysis
This analysis compares Sung Bo Chem'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: 0.42x
- 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 | ₩8062.62 | ₩2695.00 | x |
| 2018-12-31 | ₩7745.98 | ₩2695.00 | x |
| 2019-12-31 | ₩7390.17 | ₩2695.00 | x |
| 2020-12-31 | ₩7024.07 | ₩2695.00 | x |
| 2021-12-31 | ₩6905.33 | ₩2695.00 | x |
| 2022-12-31 | ₩6994.04 | ₩2695.00 | x |
| 2023-12-31 | ₩6778.70 | ₩2695.00 | x |
| 2024-12-31 | ₩6421.42 | ₩2695.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sung Bo Chem 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): -2.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.75%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.72x
- Recent ROE (-2.74%) is below the historical average (5.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 3.92% | 7.03% | 0.49x | 1.15x | ₩-5.40 Billion |
| 2014 | 5.09% | 8.48% | 0.51x | 1.17x | ₩-4.47 Billion |
| 2015 | 3.64% | 5.83% | 0.52x | 1.20x | ₩-5.70 Billion |
| 2016 | 46.74% | 129.35% | 0.30x | 1.21x | ₩58.98 Billion |
| 2017 | 5.74% | 15.89% | 0.31x | 1.15x | ₩-6.87 Billion |
| 2018 | 3.99% | 12.39% | 0.27x | 1.19x | ₩-9.23 Billion |
| 2019 | -1.96% | -6.85% | 0.24x | 1.18x | ₩-17.53 Billion |
| 2020 | -4.38% | -11.58% | 0.32x | 1.16x | ₩-19.66 Billion |
| 2021 | 1.00% | 2.36% | 0.34x | 1.27x | ₩-12.22 Billion |
| 2022 | 2.92% | 6.05% | 0.39x | 1.24x | ₩-9.74 Billion |
| 2023 | 0.96% | 2.04% | 0.38x | 1.25x | ₩-12.00 Billion |
| 2024 | -2.74% | -5.75% | 0.28x | 1.72x | ₩-16.02 Billion |
Industry Comparison
This section compares Sung Bo Chem's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $160,990,663,670
- Average return on equity (ROE) among peers: 3.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sung Bo Chem (003080) | ₩167.59 Billion | 3.92% | 0.47x | $35.77 Million |
| Cho Bi (001550) | $51.20 Billion | 5.87% | 0.72x | $56.05 Million |
| Kyung Nong Corporation (002100) | $236.81 Billion | 6.71% | 0.64x | $126.88 Million |
| Dongbang Agro (007590) | $129.75 Billion | 4.56% | 0.39x | $50.95 Million |
| Namhae Chemical (025860) | $273.98 Billion | 2.62% | 0.81x | $381.48 Million |
| Nongwoobio Co. Ltd (054050) | $249.44 Billion | 3.96% | 0.31x | $87.78 Million |
| Asia Seed Co.Ltd (154030) | $24.76 Billion | -2.44% | 0.76x | $16.76 Million |
About Sung Bo Chem
SBSUNGBO Co., Ltd. provides crop protection products for the agricultural industry in South Korea. The company was formerly known as Sung Bo Chemicals Co., LTD and changed its name to SBSUNGBO Co., Ltd. in April 2025. SBSUNGBO Co., Ltd. was founded in 1961 and is headquartered in Seoul, South Korea.