Shinsegae

KO:004170 Korea Department Stores
Market Cap
$2.06 Billion
₩3.02 Trillion KRW
Market Cap Rank
#6062 Global
#118 in Korea
Share Price
₩344500.00
Change (1 day)
-1.29%
52-Week Range
₩135400.00 - ₩376500.00
All Time High
₩442220.76
Categories
Companies in Korea Department Stores
About

SHINSEGAE Inc. operates department stores in South Korea. The company operates through Department Store, Wholesale and Retail Industry, Real Estate Industry, Terminal industry, Hospitality, Duty-Free Store, and Others segments. It also manufactures and retails clothing and furniture; manufactures, retails, and distributes cosmetics; develops and leases real estate properties and vehicle terminal;… Read more

Shinsegae (004170) - Net Assets

Latest net assets as of September 2025: ₩6.65 Trillion KRW

Based on the latest financial reports, Shinsegae (004170) has net assets worth ₩6.65 Trillion KRW as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩15.48 Trillion) and total liabilities (₩8.83 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 ₩6.65 Trillion
% of Total Assets 42.95%
Annual Growth Rate 8.31%
5-Year Change 26.05%
10-Year Change 56.98%
Growth Volatility 22.18

Shinsegae - Net Assets Trend (2000–2024)

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

Annual Net Assets for Shinsegae (2000–2024)

The table below shows the annual net assets of Shinsegae from 2000 to 2024.

Year Net Assets Change
2024-12-31 ₩6.37 Trillion +0.55%
2023-12-31 ₩6.34 Trillion +1.41%
2022-12-31 ₩6.25 Trillion +8.49%
2021-12-31 ₩5.76 Trillion +13.94%
2020-12-31 ₩5.06 Trillion -8.30%
2019-12-31 ₩5.52 Trillion +10.25%
2018-12-31 ₩5.00 Trillion +1.68%
2017-12-31 ₩4.92 Trillion +4.83%
2016-12-31 ₩4.69 Trillion +15.56%
2015-12-31 ₩4.06 Trillion +13.78%
2014-12-31 ₩3.57 Trillion +6.73%
2013-12-31 ₩3.34 Trillion +7.84%
2012-12-31 ₩3.10 Trillion +42.26%
2011-12-31 ₩2.18 Trillion -70.67%
2010-12-31 ₩7.43 Trillion +62.64%
2009-12-31 ₩4.57 Trillion +15.07%
2008-12-31 ₩3.97 Trillion +14.89%
2007-12-31 ₩3.46 Trillion +16.36%
2006-12-31 ₩2.97 Trillion +17.37%
2005-12-31 ₩2.53 Trillion +21.37%
2004-12-31 ₩2.08 Trillion +18.71%
2003-12-31 ₩1.76 Trillion +21.06%
2002-12-31 ₩1.45 Trillion +21.19%
2001-12-31 ₩1.20 Trillion +27.45%
2000-12-31 ₩939.12 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Shinsegae'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 87322.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩3.72 Trillion 87.16%
Other Components ₩547.50 Billion 12.84%
Total Equity ₩4.27 Trillion 100.00%

Shinsegae Competitors by Market Cap

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

Company Market Cap
SCHNEIDER NATL.INC. CL.B
F:SNIA
 		$1.40 Billion
Inmobiliaria Colonial SA
MC:COL
 		$1.40 Billion
Jiujiang Defu Technology Co Ltd Ordinary Shares - Class A
SHE:301511
 		$1.40 Billion
NEXTNAV INC. DL-0001
F:KK0
 		$1.40 Billion
Sila Realty Trust, Inc.
PINK:SILA
 		$1.40 Billion
TIME Dotcom Bhd
KLSE:5031
 		$1.40 Billion
Enlight Renewable Energy Ltd. Ordinary Shares
NASDAQ:ENLT
 		$1.40 Billion
The Boston Beer Company Inc
F:BBEA
 		$1.40 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,208,590,475,010 to 4,265,138,301,270, a change of 56,547,826,260 (1.3%).
  • Net income of 107,782,477,010 contributed positively to equity growth.
  • Dividend payments of 82,110,989,970 reduced retained earnings.
  • Share repurchases of 134,148,865,660 reduced equity.
  • Other factors increased equity by 165,025,204,880.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩107.78 Billion +2.53%
Dividends Paid ₩82.11 Billion -1.93%
Share Repurchases ₩134.15 Billion -3.15%
Other Changes ₩165.03 Billion +3.87%
Total Change ₩- 1.34%

Book Value vs Market Value Analysis

This analysis compares Shinsegae'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: 0.75x
  • 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 0.99x to 0.75x 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 ₩347867.14 ₩344500.00 x
2018-12-31 ₩352681.19 ₩344500.00 x
2019-12-31 ₩399181.97 ₩344500.00 x
2020-12-31 ₩349962.23 ₩344500.00 x
2021-12-31 ₩380636.66 ₩344500.00 x
2022-12-31 ₩418208.73 ₩344500.00 x
2023-12-31 ₩445995.01 ₩344500.00 x
2024-12-31 ₩462275.51 ₩344500.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shinsegae 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): 2.53%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.64%
  • • Asset Turnover: 0.44x
  • • Equity Multiplier: 3.53x
  • Recent ROE (2.53%) is below the historical average (17.01%), 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 6.66% 1.61% 1.27x 3.25x ₩-30.04 Billion
2001 13.13% 2.80% 1.51x 3.10x ₩35.82 Billion
2002 13.88% 2.86% 1.64x 2.95x ₩53.70 Billion
2003 14.26% 3.67% 1.40x 2.77x ₩71.14 Billion
2004 16.96% 4.62% 1.39x 2.65x ₩138.15 Billion
2005 18.19% 5.37% 1.32x 2.57x ₩196.90 Billion
2006 16.62% 5.06% 1.16x 2.83x ₩188.52 Billion
2007 15.07% 4.82% 1.16x 2.69x ₩168.52 Billion
2008 14.82% 5.17% 1.02x 2.80x ₩185.74 Billion
2009 12.77% 4.93% 1.03x 2.51x ₩122.69 Billion
2010 14.81% 8.28% 0.90x 1.99x ₩349.47 Billion
2011 179.29% 161.16% 0.53x 2.11x ₩3.33 Trillion
2012 7.32% 7.04% 0.33x 3.16x ₩-59.11 Billion
2013 6.54% 6.46% 0.33x 3.11x ₩-83.41 Billion
2014 5.99% 6.28% 0.31x 3.03x ₩-104.96 Billion
2015 13.30% 15.68% 0.32x 2.62x ₩99.78 Billion
2016 7.02% 7.71% 0.30x 3.08x ₩-96.28 Billion
2017 5.33% 4.71% 0.38x 2.97x ₩-159.91 Billion
2018 6.89% 4.61% 0.47x 3.20x ₩-107.93 Billion
2019 13.41% 8.23% 0.49x 3.32x ₩133.79 Billion
2020 -3.01% -2.17% 0.37x 3.71x ₩-447.73 Billion
2021 8.19% 4.86% 0.46x 3.64x ₩-67.58 Billion
2022 9.87% 5.20% 0.54x 3.49x ₩-5.30 Billion
2023 5.35% 3.54% 0.43x 3.51x ₩-195.75 Billion
2024 2.53% 1.64% 0.44x 3.53x ₩-318.73 Billion

Industry Comparison

This section compares Shinsegae's net assets metrics with peer companies in the Department Stores industry.

Industry Context

  • Industry: Department Stores
  • Average net assets among peers: $1,726,929,118,447
  • Average return on equity (ROE) among peers: 6.03%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shinsegae (004170) ₩6.65 Trillion 6.66% 1.33x $1.40 Billion
Daegu Dept Sto (006370) $231.42 Billion -8.04% 1.03x $16.52 Million
Gs Retail (007070) $2.36 Trillion 11.63% 1.00x $461.29 Million
Lotte Shopping (023530) $3.33 Trillion 16.48% 2.21x $798.13 Million
Gwangjushinseg (037710) $579.36 Billion 8.26% 0.13x $69.16 Million
Savezone I C (067830) $287.35 Billion 7.50% 0.78x $32.94 Million
Hyundai Department (069960) $5.23 Trillion 3.62% 0.72x $726.20 Million
JTC Inc (950170) $81.63 Billion 2.73% 2.23x $49.02 Million