Songwon Industrial

KO:004430 Korea Specialty Chemicals
Market Cap
$144.73 Million
₩211.92 Billion KRW
Market Cap Rank
#19184 Global
#747 in Korea
Share Price
₩8830.00
Change (1 day)
+1.73%
52-Week Range
₩8510.00 - ₩13070.00
All Time High
₩29699.42
Categories
Companies in Korea Specialty Chemicals
About

Songwon Industrial Co., Ltd., together with its subsidiaries, manufactures and sells polymer stabilizers, tin intermediates, PVC stabilizers, and specialty chemicals in South Korea, Rest of Asia, Europe, North and South America, Australia, the Middle East, and Africa. The company operates in two segments: Industrial Chemicals and Performance Chemicals segments. It offers phenolic, phosphite, thio… Read more

Songwon Industrial (004430) - Net Assets

Latest net assets as of September 2025: ₩755.73 Billion KRW

Based on the latest financial reports, Songwon Industrial (004430) has net assets worth ₩755.73 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 (₩1.17 Trillion) and total liabilities (₩412.28 Billion). 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 ₩755.73 Billion
% of Total Assets 64.7%
Annual Growth Rate 7.66%
5-Year Change 63.13%
10-Year Change 138.96%
Growth Volatility 33.81

Songwon Industrial - Net Assets Trend (2000–2024)

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

Annual Net Assets for Songwon Industrial (2000–2024)

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

Year Net Assets Change
2024-12-31 ₩756.11 Billion +7.16%
2023-12-31 ₩705.59 Billion +3.36%
2022-12-31 ₩682.62 Billion +25.65%
2021-12-31 ₩543.25 Billion +17.21%
2020-12-31 ₩463.50 Billion +6.41%
2019-12-31 ₩435.58 Billion +5.93%
2018-12-31 ₩411.20 Billion +8.75%
2017-12-31 ₩378.13 Billion +6.76%
2016-12-31 ₩354.19 Billion +11.94%
2015-12-31 ₩316.41 Billion +9.63%
2014-12-31 ₩288.63 Billion -5.81%
2013-12-31 ₩306.42 Billion +6.87%
2012-12-31 ₩286.72 Billion +4.25%
2011-12-31 ₩275.02 Billion +35.91%
2010-12-31 ₩202.35 Billion +14.03%
2009-12-31 ₩177.46 Billion +27.34%
2008-12-31 ₩139.36 Billion +133.55%
2007-12-31 ₩59.67 Billion -53.56%
2000-12-31 ₩128.48 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Songwon Industrial'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 70022500000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩700.23 Billion 92.61%
Other Components ₩55.88 Billion 7.39%
Total Equity ₩756.11 Billion 100.00%

Songwon Industrial Competitors by Market Cap

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

Company Market Cap
Nice Information & Telecommunication Inc
KQ:036800
 		$79.87 Million
Jaguar Mining Inc
OTCQX:JAGGF
 		$79.88 Million
Oxford Square Capital Corp
NASDAQ:OXSQ
 		$79.88 Million
OM Holdings Limited
PINK:OMHLF
 		$79.89 Million
Sao Mai Group Corp
VN:ASM
 		$79.87 Million
ASUNTOSALKKU A EO 1
F:H57
 		$79.87 Million
Demaecan Co Ltd
PINK:YUMSF
 		$79.83 Million
Top Bright Holding Co Ltd
TW:8499
 		$79.81 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 705,592,000,000 to 756,110,000,000, a change of 50,518,000,000 (7.2%).
  • Net income of 45,088,000,000 contributed positively to equity growth.
  • Dividend payments of 6,000,000,000 reduced retained earnings.
  • Other factors increased equity by 11,430,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩45.09 Billion +5.96%
Dividends Paid ₩6.00 Billion -0.79%
Other Changes ₩11.43 Billion +1.51%
Total Change ₩- 7.16%

Book Value vs Market Value Analysis

This analysis compares Songwon Industrial'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: 0.28x
  • 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 0.56x to 0.28x 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 ₩15869.17 ₩8830.00 x
2018-12-31 ₩17163.00 ₩8830.00 x
2019-12-31 ₩17983.13 ₩8830.00 x
2020-12-31 ₩19112.88 ₩8830.00 x
2021-12-31 ₩22635.58 ₩8830.00 x
2022-12-31 ₩28442.58 ₩8830.00 x
2023-12-31 ₩29399.67 ₩8830.00 x
2024-12-31 ₩31504.58 ₩8830.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Songwon Industrial 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): 5.96%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.21%
  • • Asset Turnover: 0.91x
  • • Equity Multiplier: 1.56x
  • Recent ROE (5.96%) is below the historical average (8.50%), 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 6.61% 5.35% 0.52x 2.38x ₩-4.27 Billion
2009 14.46% 5.89% 0.75x 3.27x ₩7.75 Billion
2010 11.39% 3.92% 0.85x 3.40x ₩2.70 Billion
2011 3.65% 1.60% 0.72x 3.16x ₩-17.47 Billion
2012 7.21% 3.03% 0.79x 3.02x ₩-7.97 Billion
2013 7.84% 3.47% 0.80x 2.83x ₩-6.62 Billion
2014 -4.43% -1.90% 0.78x 3.00x ₩-41.21 Billion
2015 9.47% 4.55% 0.77x 2.69x ₩-1.66 Billion
2016 12.13% 6.23% 0.84x 2.33x ₩7.60 Billion
2017 9.29% 4.88% 0.84x 2.27x ₩-2.69 Billion
2018 9.25% 4.83% 0.90x 2.12x ₩-3.11 Billion
2019 8.05% 4.27% 0.91x 2.07x ₩-8.41 Billion
2020 5.98% 3.40% 0.91x 1.94x ₩-18.42 Billion
2021 13.30% 7.24% 0.89x 2.05x ₩17.95 Billion
2022 19.33% 9.92% 1.09x 1.78x ₩63.67 Billion
2023 4.94% 3.38% 0.95x 1.54x ₩-35.71 Billion
2024 5.96% 4.21% 0.91x 1.56x ₩-30.52 Billion

Industry Comparison

This section compares Songwon Industrial's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $750,016,661,458
  • Average return on equity (ROE) among peers: 4.40%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Songwon Industrial (004430) ₩755.73 Billion 6.61% 0.55x $79.87 Million
DL Holdings CO. LTD. (000210) $4.53 Trillion 19.10% 0.84x $381.57 Million
Norooholdings (000320) $402.45 Billion 6.30% 1.12x $45.80 Million
Noroo Holdings Co Ltd (000325) $583.54 Billion 0.27% 0.81x $60.77 Million
Samhwa Paint (000390) $299.72 Billion 1.87% 0.96x $86.24 Million
Kangnam Jevisco Co Ltd (000860) $366.15 Billion 10.97% 0.26x $58.42 Million
Paik Kwang Ind (001340) $204.57 Billion 3.85% 1.06x $113.44 Million
Bo Lak (002760) $43.76 Billion 2.53% 0.22x $30.02 Million
Cho Kwang Pain (004910) $172.73 Billion -1.34% 0.81x $17.90 Million
Cosmoam&T (005070) $147.00 Billion -3.99% 0.78x $305.37 Million