Sajodaerim

KO:003960 Korea Packaged Foods
Market Cap
$203.03 Million
₩297.27 Billion KRW
Market Cap Rank
#21634 Global
#1039 in Korea
Share Price
₩33250.00
Change (1 day)
+2.47%
52-Week Range
₩32100.00 - ₩45700.00
All Time High
₩99500.00
Categories
Companies in Korea Packaged Foods
About

Sajodaerim Corporation operates in the fisheries, food, food logistics, and retailing sectors in Korea. It is also involved in the manufacture, logistics, and retailing of processed foods, such as fishcakes, crab-flavored fish sticks, hams, and sausages under the Daerim Seon brand; and production and vending of frozen and refrigerated foods, salted seafood, seasoned dried laver, dried sea mustard… Read more

Sajodaerim (003960) - Net Assets

Latest net assets as of September 2025: ₩917.07 Billion KRW

Based on the latest financial reports, Sajodaerim (003960) has net assets worth ₩917.07 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 (₩2.25 Trillion) and total liabilities (₩1.33 Trillion). 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 ₩917.07 Billion
% of Total Assets 40.82%
Annual Growth Rate 10.98%
5-Year Change 85.68%
10-Year Change 236.43%
Growth Volatility 89.65

Sajodaerim - Net Assets Trend (1999–2024)

This chart illustrates how Sajodaerim's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Sajodaerim (1999–2024)

The table below shows the annual net assets of Sajodaerim from 1999 to 2024.

Year Net Assets Change
2024-12-31 ₩838.58 Billion +17.96%
2023-12-31 ₩710.88 Billion +17.73%
2022-12-31 ₩603.83 Billion +16.34%
2021-12-31 ₩519.01 Billion +14.92%
2020-12-31 ₩451.63 Billion +6.54%
2019-12-31 ₩423.89 Billion +34.01%
2018-12-31 ₩316.31 Billion +4.82%
2017-12-31 ₩301.76 Billion +16.44%
2016-12-31 ₩259.16 Billion +3.97%
2015-12-31 ₩249.26 Billion +69.39%
2014-12-31 ₩147.15 Billion +4.45%
2013-12-31 ₩140.88 Billion -1.60%
2012-12-31 ₩143.18 Billion -4.91%
2011-12-31 ₩150.58 Billion -15.51%
2010-12-31 ₩178.21 Billion +22.12%
2009-12-31 ₩145.93 Billion +553.32%
2003-12-31 ₩-32.19 Billion -376.79%
2002-12-31 ₩11.63 Billion -75.98%
2001-12-31 ₩48.42 Billion +0.81%
2000-12-31 ₩48.03 Billion -22.54%
1999-12-31 ₩62.01 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Sajodaerim'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 124367.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩582.51 Billion 83.03%
Other Components ₩119.07 Billion 16.97%
Total Equity ₩701.57 Billion 100.00%

Sajodaerim Competitors by Market Cap

The table below lists competitors of Sajodaerim ranked by their market capitalization.

Company Market Cap
Nordic Halibut AS
OL:NOHAL
 		$46.15 Million
IMC S.A.
F:IM4
 		$46.16 Million
Petronor E&P Ltd
OL:PNOR
 		$46.16 Million
Planet 13 Holdings Inc.
OTCQX:PLNH
 		$46.17 Million
Syntec Optics Holdings Inc.
NASDAQ:OPTX
 		$46.15 Million
Beyond Securities PCL
BK:BYD
 		$46.15 Million
Iodm Ltd
AU:IOD
 		$46.15 Million
Malindo Feedmill Tbk
JK:MAIN
 		$46.12 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sajodaerim's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 585,182,053,970 to 701,571,876,200, a change of 116,389,822,230 (19.9%).
  • Net income of 91,797,539,660 contributed positively to equity growth.
  • Dividend payments of 3,506,156,750 reduced retained earnings.
  • New share issuances of 38,741,442,380 increased equity.
  • Other factors decreased equity by 10,643,003,060.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩91.80 Billion +13.08%
Dividends Paid ₩3.51 Billion -0.5%
Share Issuances ₩38.74 Billion +5.52%
Other Changes ₩-10.64 Billion -1.52%
Total Change ₩- 19.89%

Book Value vs Market Value Analysis

This analysis compares Sajodaerim'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: 0.40x
  • 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 0.93x to 0.40x 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 ₩35618.26 ₩33250.00 x
2018-12-31 ₩37350.25 ₩33250.00 x
2019-12-31 ₩43211.48 ₩33250.00 x
2020-12-31 ₩48648.85 ₩33250.00 x
2021-12-31 ₩57571.86 ₩33250.00 x
2022-12-31 ₩67677.28 ₩33250.00 x
2023-12-31 ₩75502.87 ₩33250.00 x
2024-12-31 ₩83169.36 ₩33250.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sajodaerim 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): 13.08%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.47%
  • • Asset Turnover: 1.24x
  • • Equity Multiplier: 3.03x
  • Recent ROE (13.08%) is above the historical average (11.83%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 29.10% 5.16% 1.10x 5.13x ₩11.78 Billion
2009 16.30% 4.62% 1.48x 2.38x ₩7.34 Billion
2010 12.29% 3.69% 1.30x 2.56x ₩3.13 Billion
2011 5.86% 2.08% 1.17x 2.41x ₩-6.15 Billion
2013 -0.62% -0.17% 1.44x 2.54x ₩-14.78 Billion
2014 4.31% 1.15% 1.50x 2.50x ₩-8.26 Billion
2015 6.96% 1.71% 1.09x 3.74x ₩-5.34 Billion
2016 3.74% 0.72% 1.42x 3.67x ₩-11.44 Billion
2017 13.52% 2.91% 1.45x 3.20x ₩7.47 Billion
2018 4.45% 1.06% 1.30x 3.24x ₩-12.35 Billion
2019 26.00% 6.21% 1.24x 3.37x ₩50.82 Billion
2020 9.46% 1.97% 1.53x 3.14x ₩-1.92 Billion
2021 14.82% 3.46% 1.59x 2.69x ₩20.39 Billion
2022 14.32% 3.53% 1.73x 2.35x ₩21.50 Billion
2023 15.61% 4.43% 1.63x 2.16x ₩32.82 Billion
2024 13.08% 3.47% 1.24x 3.03x ₩21.64 Billion

Industry Comparison

This section compares Sajodaerim's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

  • Industry: Packaged Foods
  • Average net assets among peers: $383,167,334,826
  • Average return on equity (ROE) among peers: 4.79%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sajodaerim (003960) ₩917.07 Billion 29.10% 1.45x $46.15 Million
Daehan Flour Mills Co Ltd (001130) $489.63 Billion 6.13% 0.50x $92.10 Million
Daesang Corp (001680) $484.66 Billion 6.60% 1.67x $297.74 Million
Daesang Corp Preference Shares (001685) $867.27 Billion 7.45% 1.66x $257.13 Million
Korea Ind (002140) $66.54 Billion 7.12% 1.23x $24.66 Million
Choheung (002600) $149.64 Billion 0.24% 1.63x $16.50 Million
Sam Yang Foods (003230) $53.38 Billion 0.00% 4.82x $2.87 Billion
Daejoo Inc (003310) $47.00 Billion 3.26% 0.70x $60.49 Million
Harim Holdings Co. Ltd (003380) $808.31 Billion 21.63% 7.74x $434.99 Million
Hansung Ent (003680) $52.28 Billion 2.70% 3.49x $11.05 Million
Namyang Dairy (003920) $812.96 Billion -7.24% 0.15x $115.08 Million