Sam Yang Foods (003230) - Net Assets
Based on the latest financial reports, Sam Yang Foods (003230) has net assets worth ₩1.27 Trillion KRW (≈ $861.70 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩2.20 Trillion ≈ $1.49 Billion USD) and total liabilities (₩924.96 Billion ≈ $626.83 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 Yang Foods tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.27 Trillion |
| % of Total Assets | 57.89% |
| Annual Growth Rate | 13.52% |
| 5-Year Change | 221.35% |
| 10-Year Change | 616.19% |
| Growth Volatility | 66.42 |
Sam Yang Foods - Net Assets Trend (2000–2025)
This chart illustrates how Sam Yang Foods's net assets have evolved over time, based on quarterly financial data. See Sam Yang Foods liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sam Yang Foods (2000–2025)
The table below shows the annual net assets of Sam Yang Foods from 2000 to 2025. For live valuation and market cap data, see Sam Yang Foods (003230) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩1.27 Trillion ≈ $861.70 Million |
+53.56% |
| 2024-12-31 | ₩828.03 Billion ≈ $561.15 Million |
+43.56% |
| 2023-12-31 | ₩576.79 Billion ≈ $390.88 Million |
+26.83% |
| 2022-12-31 | ₩454.76 Billion ≈ $308.19 Million |
+14.93% |
| 2021-12-31 | ₩395.69 Billion ≈ $268.15 Million |
+13.94% |
| 2020-12-31 | ₩347.28 Billion ≈ $235.34 Million |
+20.73% |
| 2019-12-31 | ₩287.64 Billion ≈ $194.93 Million |
+22.70% |
| 2018-12-31 | ₩234.42 Billion ≈ $158.86 Million |
+15.42% |
| 2017-12-31 | ₩203.11 Billion ≈ $137.64 Million |
+14.40% |
| 2016-12-31 | ₩177.54 Billion ≈ $120.32 Million |
+9.23% |
| 2015-12-31 | ₩162.54 Billion ≈ $110.15 Million |
-2.15% |
| 2014-12-31 | ₩166.12 Billion ≈ $112.58 Million |
+1.37% |
| 2013-12-31 | ₩163.88 Billion ≈ $111.06 Million |
+1.69% |
| 2012-12-31 | ₩161.15 Billion ≈ $109.21 Million |
+2.32% |
| 2011-12-31 | ₩157.50 Billion ≈ $106.74 Million |
+60.12% |
| 2010-12-31 | ₩98.37 Billion ≈ $66.66 Million |
+7.65% |
| 2009-12-31 | ₩91.38 Billion ≈ $61.93 Million |
+26.04% |
| 2008-12-31 | ₩72.50 Billion ≈ $49.13 Million |
+33.09% |
| 2007-12-31 | ₩54.47 Billion ≈ $36.92 Million |
+9.04% |
| 2006-12-31 | ₩49.96 Billion ≈ $33.85 Million |
+50.77% |
| 2005-12-31 | ₩33.13 Billion ≈ $22.45 Million |
+63.88% |
| 2004-12-31 | ₩20.22 Billion ≈ $13.70 Million |
+173.02% |
| 2003-12-31 | ₩7.41 Billion ≈ $5.02 Million |
+111.65% |
| 2002-12-31 | ₩-63.55 Billion ≈ $-43.07 Million |
-249.71% |
| 2001-12-31 | ₩42.45 Billion ≈ $28.77 Million |
-20.48% |
| 2000-12-31 | ₩53.38 Billion ≈ $36.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sam Yang Foods'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 112947684835000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.13 Trillion | 89.97% |
| Other Components | ₩125.90 Billion | 10.03% |
| Total Equity | ₩1.26 Trillion | 100.00% |
Sam Yang Foods Competitors by Market Cap
The table below lists competitors of Sam Yang Foods ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank of Suzhou
SHE:002966
|
$5.06 Billion |
|
RTL Group SA
F:RRTL
|
$5.06 Billion |
|
SFS Group AG
SW:SFSN
|
$5.06 Billion |
|
Mercury Systems Inc
NASDAQ:MRCY
|
$5.06 Billion |
|
PCCW LTD ADR/10 HD-25
F:TH3C
|
$5.05 Billion |
|
Duolingo Inc
NASDAQ:DUOL
|
$5.05 Billion |
|
Chartwell Retirement Residences
TO:CSH-UN
|
$5.05 Billion |
|
NEPI Rockcastle PLC
AS:NRP
|
$5.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sam Yang Foods's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 816,847,076,600 to 1,255,376,104,220, a change of 438,529,027,620 (53.7%).
- Net income of 389,437,490,170 contributed positively to equity growth.
- Dividend payments of 29,832,512,000 reduced retained earnings.
- New share issuances of 99,117,273,910 increased equity.
- Other factors decreased equity by 20,193,224,460.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩389.44 Billion | +31.02% |
| Dividends Paid | ₩29.83 Billion | -2.38% |
| Share Issuances | ₩99.12 Billion | +7.9% |
| Other Changes | ₩-20.19 Billion | -1.61% |
| Total Change | ₩- | 53.69% |
Book Value vs Market Value Analysis
This analysis compares Sam Yang Foods'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: 5.94x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 37.65x to 5.94x 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 | ₩26561.84 | ₩1000000.00 | x |
| 2018-12-31 | ₩30653.94 | ₩1000000.00 | x |
| 2019-12-31 | ₩37663.44 | ₩1000000.00 | x |
| 2020-12-31 | ₩45472.28 | ₩1000000.00 | x |
| 2021-12-31 | ₩51826.35 | ₩1000000.00 | x |
| 2022-12-31 | ₩60733.26 | ₩1000000.00 | x |
| 2023-12-31 | ₩75732.33 | ₩1000000.00 | x |
| 2024-12-31 | ₩109524.41 | ₩1000000.00 | x |
| 2025-12-31 | ₩168323.22 | ₩1000000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sam Yang Foods 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): 31.02%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.56%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.75x
- Recent ROE (31.02%) is below the historical average (69.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 1156.42% | 21.65% | 1.09x | 48.93x | ₩50.20 Billion |
| 2004 | 73.80% | 4.40% | 1.39x | 12.04x | ₩10.61 Billion |
| 2005 | 44.52% | 4.75% | 1.34x | 6.98x | ₩10.18 Billion |
| 2006 | 35.63% | 6.77% | 1.21x | 4.35x | ₩11.76 Billion |
| 2007 | 8.43% | 1.69% | 1.20x | 4.17x | ₩-785.11 Million |
| 2008 | 25.72% | 6.16% | 1.30x | 3.20x | ₩10.60 Billion |
| 2009 | 21.95% | 6.23% | 1.39x | 2.54x | ₩10.19 Billion |
| 2010 | 9.22% | 3.08% | 1.26x | 2.37x | ₩-719.44 Million |
| 2011 | 6.34% | 3.29% | 0.93x | 2.08x | ₩-5.67 Billion |
| 2012 | 3.46% | 1.69% | 1.12x | 1.83x | ₩-10.39 Billion |
| 2013 | 2.26% | 1.21% | 1.01x | 1.84x | ₩-12.52 Billion |
| 2014 | 2.47% | 1.29% | 1.05x | 1.83x | ₩-12.35 Billion |
| 2015 | -1.96% | -1.08% | 0.98x | 1.84x | ₩-19.23 Billion |
| 2016 | 10.45% | 5.10% | 1.10x | 1.86x | ₩781.81 Million |
| 2017 | 14.33% | 6.26% | 1.15x | 1.99x | ₩8.67 Billion |
| 2018 | 15.08% | 7.42% | 1.14x | 1.78x | ₩11.73 Billion |
| 2019 | 20.99% | 10.96% | 1.16x | 1.66x | ₩31.18 Billion |
| 2020 | 19.62% | 10.36% | 1.17x | 1.62x | ₩32.96 Billion |
| 2021 | 14.43% | 8.78% | 0.85x | 1.93x | ₩17.31 Billion |
| 2022 | 17.62% | 8.78% | 0.98x | 2.04x | ₩34.50 Billion |
| 2023 | 22.35% | 10.58% | 1.02x | 2.07x | ₩69.78 Billion |
| 2024 | 33.30% | 15.74% | 1.08x | 1.95x | ₩190.30 Billion |
| 2025 | 31.02% | 16.56% | 1.07x | 1.75x | ₩263.90 Billion |
Industry Comparison
This section compares Sam Yang Foods's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $533,588,901,326
- Average return on equity (ROE) among peers: 2.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sam Yang Foods (003230) | ₩1.27 Trillion | 1156.42% | 0.73x | $5.05 Billion |
| Daehan Flour Mills Co Ltd (001130) | $607.35 Billion | 3.07% | 0.48x | $13.13 Million |
| Daesang Corp (001680) | $472.17 Billion | 0.00% | 2.84x | $419.36 Million |
| Daesang Corp Preference Shares (001685) | $867.27 Billion | 7.45% | 1.66x | $13.73 Million |
| Korea Ind (002140) | $76.12 Billion | 11.88% | 1.05x | $33.02 Million |
| Choheung (002600) | $149.64 Billion | 0.24% | 1.63x | $55.91 Million |
| Daejoo Inc (003310) | $68.99 Billion | 6.29% | 0.52x | $43.41 Million |
| Harim Holdings Co. Ltd (003380) | $1.69 Trillion | 3.23% | 4.53x | $699.33 Million |
| Hansung Ent (003680) | $54.00 Billion | -4.88% | 3.12x | $17.59 Million |
| Namyang Dairy (003920) | $812.96 Billion | -7.24% | 0.15x | $171.85 Million |
About Sam Yang Foods
Samyang Foods Co., Ltd., together with its subsidiaries, manufactures and sells food products in South Korea and internationally. It offers noodles, snacks, sauces, seasonings, dairy products, and frozen food under the Samyang 1963, Samyang Ramyun, Buldak, Map Tank, Pulse Lab, Jjajjaroni, and Tangled brand names. The company also engages in cardboard processing and sale; vegetable soup selection … Read more