SG Corporation (004060) - Net Assets
Based on the latest financial reports, SG Corporation (004060) has net assets worth ₩261.08 Billion KRW (≈ $176.93 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 (₩294.19 Billion ≈ $199.37 Million USD) and total liabilities (₩33.11 Billion ≈ $22.44 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 how resilient are SG Corporation's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩261.08 Billion |
| % of Total Assets | 88.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | 6.88% |
| 10-Year Change | 30.64% |
| Growth Volatility | 10.98 |
SG Corporation - Net Assets Trend (1999–2025)
This chart illustrates how SG Corporation's net assets have evolved over time, based on quarterly financial data. Also explore SG Corporation total assets for the complete picture of this company's asset base.
Annual Net Assets for SG Corporation (1999–2025)
The table below shows the annual net assets of SG Corporation from 1999 to 2025. For live valuation and market cap data, see SG Corporation stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩261.08 Billion ≈ $176.93 Million |
-2.38% |
| 2024-12-31 | ₩267.46 Billion ≈ $181.25 Million |
+10.14% |
| 2023-12-31 | ₩242.84 Billion ≈ $164.57 Million |
-1.05% |
| 2022-12-31 | ₩245.43 Billion ≈ $166.32 Million |
+0.47% |
| 2021-12-31 | ₩244.27 Billion ≈ $165.53 Million |
+24.47% |
| 2020-12-31 | ₩196.24 Billion ≈ $132.99 Million |
-4.22% |
| 2019-12-31 | ₩204.88 Billion ≈ $138.85 Million |
+4.06% |
| 2018-12-31 | ₩196.89 Billion ≈ $133.43 Million |
+2.10% |
| 2017-12-31 | ₩192.84 Billion ≈ $130.69 Million |
-3.50% |
| 2016-12-31 | ₩199.84 Billion ≈ $135.43 Million |
-1.25% |
| 2015-12-31 | ₩202.38 Billion ≈ $137.15 Million |
+1.56% |
| 2014-12-31 | ₩199.27 Billion ≈ $135.04 Million |
-3.54% |
| 2013-12-31 | ₩206.59 Billion ≈ $140.00 Million |
-1.62% |
| 2012-12-31 | ₩209.99 Billion ≈ $142.30 Million |
+0.25% |
| 2011-12-31 | ₩209.45 Billion ≈ $141.94 Million |
+35.37% |
| 2003-12-31 | ₩154.73 Billion ≈ $104.86 Million |
-9.31% |
| 2002-12-31 | ₩170.61 Billion ≈ $115.62 Million |
-11.68% |
| 2001-12-31 | ₩193.17 Billion ≈ $130.91 Million |
+5.57% |
| 2000-12-31 | ₩182.99 Billion ≈ $124.01 Million |
+218.37% |
| 1999-12-31 | ₩-154.59 Billion ≈ $-104.77 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SG Corporation'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 12349079272000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩123.49 Billion | 47.30% |
| Other Components | ₩137.59 Billion | 52.70% |
| Total Equity | ₩261.08 Billion | 100.00% |
SG Corporation Competitors by Market Cap
The table below lists competitors of SG Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alquiber Quality SA
MC:ALQ
|
$65.59 Million |
|
Kindly MD, Inc. Common Stock
NASDAQ:KDLY
|
$65.64 Million |
|
Yura Tech. Co. Ltd
KQ:048430
|
$65.66 Million |
|
SEOWONINTECH.Co.Ltd
KQ:093920
|
$65.67 Million |
|
LTR Pharma Ltd
AU:LTP
|
$65.58 Million |
|
Salcon Engineering Berhad
KLSE:8567
|
$65.54 Million |
|
Al-Salam Real Estate Investment Trust
KLSE:5269
|
$65.53 Million |
|
Poznanska Korporacja Budowlana Pekabex SA
WAR:PBX
|
$65.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SG Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 267,459,474,200 to 261,081,867,160, a change of -6,377,607,040 (-2.4%).
- Net income of 884,197,710 contributed positively to equity growth.
- Share repurchases of 274,339,250 reduced equity.
- Other factors decreased equity by 6,987,465,500.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩884.20 Million | +0.34% |
| Share Repurchases | ₩274.34 Million | -0.11% |
| Other Changes | ₩-6.99 Billion | -2.68% |
| Total Change | ₩- | -2.38% |
Book Value vs Market Value Analysis
This analysis compares SG Corporation'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: 0.37x
- 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 0.51x to 0.37x 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 | ₩952.67 | ₩489.00 | x |
| 2018-12-31 | ₩972.64 | ₩489.00 | x |
| 2019-12-31 | ₩1012.14 | ₩489.00 | x |
| 2020-12-31 | ₩969.44 | ₩489.00 | x |
| 2021-12-31 | ₩1206.69 | ₩489.00 | x |
| 2022-12-31 | ₩1219.05 | ₩489.00 | x |
| 2023-12-31 | ₩1221.68 | ₩489.00 | x |
| 2024-12-31 | ₩1345.52 | ₩489.00 | x |
| 2025-12-31 | ₩1319.04 | ₩489.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SG Corporation 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): 0.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.67%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.13x
- Recent ROE (0.34%) is below the historical average (9.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 148.94% | 82.17% | 0.99x | 1.83x | ₩252.34 Billion |
| 2001 | 4.40% | 5.46% | 0.50x | 1.62x | ₩-10.81 Billion |
| 2011 | 0.95% | 0.58% | 1.12x | 1.46x | ₩-18.95 Billion |
| 2012 | 0.36% | 0.24% | 1.10x | 1.39x | ₩-20.24 Billion |
| 2013 | -1.90% | -1.25% | 1.10x | 1.38x | ₩-24.58 Billion |
| 2014 | -3.38% | -1.98% | 1.17x | 1.46x | ₩-26.67 Billion |
| 2015 | 0.73% | 0.46% | 1.09x | 1.44x | ₩-18.77 Billion |
| 2016 | -1.89% | -1.23% | 1.02x | 1.51x | ₩-23.77 Billion |
| 2017 | -3.38% | -2.29% | 0.88x | 1.68x | ₩-25.81 Billion |
| 2018 | 3.39% | 2.09% | 0.96x | 1.70x | ₩-13.01 Billion |
| 2019 | 4.72% | 3.09% | 1.09x | 1.40x | ₩-10.82 Billion |
| 2020 | -5.27% | -6.17% | 0.63x | 1.36x | ₩-29.98 Billion |
| 2021 | 19.22% | 34.59% | 0.44x | 1.26x | ₩22.53 Billion |
| 2022 | 0.72% | 1.10% | 0.53x | 1.24x | ₩-22.77 Billion |
| 2023 | -0.42% | -0.72% | 0.47x | 1.25x | ₩-25.31 Billion |
| 2024 | 2.00% | 3.86% | 0.45x | 1.15x | ₩-21.39 Billion |
| 2025 | 0.34% | 0.67% | 0.45x | 1.13x | ₩-25.22 Billion |
Industry Comparison
This section compares SG Corporation's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $209,784,268,481
- Average return on equity (ROE) among peers: 4.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SG Corporation (004060) | ₩261.08 Billion | 148.94% | 0.13x | $65.59 Million |
| BYC Co. Ltd (001460) | $393.85 Billion | 4.45% | 0.86x | $212.41 Million |
| BYC Co Ltd (001465) | $515.74 Billion | 6.84% | 0.30x | $47.86 Million |
| Vivien Corp (002070) | $131.22 Billion | -3.77% | 0.68x | $327.51 Million |
| Kuk Dong (005320) | $47.95 Billion | 6.16% | 1.56x | $26.80 Million |
| Shinsung Tngsn (005390) | $237.40 Billion | 3.08% | 2.48x | $399.30 Million |
| Shinyoung Waco (005800) | $220.79 Billion | 6.55% | 0.13x | $91.98 Million |
| F&F Holdings Co. Ltd (007700) | $77.11 Billion | 28.04% | 0.57x | $508.36 Million |
| Pan-Pacific (007980) | $164.86 Billion | -8.38% | 3.64x | $69.18 Million |
| Willbes (008600) | $99.13 Billion | -2.51% | 1.87x | $116.83 Million |
About SG Corporation
SG Corporation, a fashion company, produces and sells woven garments primarily in South Korea. It offers formal dresses, casual wear, outer wear, and jackets. The company sells garments for women under the ab.f.z and ab.plus brands; and garments for men under the BASSO and BASSO hommes brands. It exports its products. The company was formerly known as SGWICUS Corporation and changed its name to S… Read more