Silla Co.Ltd (004970) - Net Assets
Based on the latest financial reports, Silla Co.Ltd (004970) has net assets worth ₩588.82 Billion KRW (≈ $399.04 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩718.98 Billion ≈ $487.24 Million USD) and total liabilities (₩130.15 Billion ≈ $88.20 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. Explore 004970 cash flow metrics to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩588.82 Billion |
| % of Total Assets | 81.9% |
| Annual Growth Rate | 6.81% |
| 5-Year Change | 16.62% |
| 10-Year Change | 38.14% |
| Growth Volatility | 6.12 |
Silla Co.Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Silla Co.Ltd's net assets have evolved over time, based on quarterly financial data. Explore Silla Co.Ltd (004970) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Silla Co.Ltd (2001–2024)
The table below shows the annual net assets of Silla Co.Ltd from 2001 to 2024. For live valuation and market cap data, see 004970 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩604.09 Billion ≈ $409.38 Million |
+5.97% |
| 2023-12-31 | ₩570.05 Billion ≈ $386.32 Million |
+1.97% |
| 2022-12-31 | ₩559.05 Billion ≈ $378.86 Million |
+1.18% |
| 2021-12-31 | ₩552.54 Billion ≈ $374.45 Million |
+6.67% |
| 2020-12-31 | ₩518.01 Billion ≈ $351.05 Million |
-0.02% |
| 2019-12-31 | ₩518.13 Billion ≈ $351.13 Million |
+1.63% |
| 2018-12-31 | ₩509.80 Billion ≈ $345.48 Million |
+6.30% |
| 2017-12-31 | ₩479.60 Billion ≈ $325.02 Million |
+4.59% |
| 2016-12-31 | ₩458.55 Billion ≈ $310.76 Million |
+4.86% |
| 2015-12-31 | ₩437.29 Billion ≈ $296.35 Million |
+2.94% |
| 2014-12-31 | ₩424.82 Billion ≈ $287.90 Million |
+3.15% |
| 2013-12-31 | ₩411.83 Billion ≈ $279.09 Million |
+3.64% |
| 2012-12-31 | ₩397.38 Billion ≈ $269.30 Million |
+15.63% |
| 2011-12-31 | ₩343.68 Billion ≈ $232.91 Million |
+10.23% |
| 2010-12-31 | ₩311.79 Billion ≈ $211.30 Million |
+21.18% |
| 2009-12-31 | ₩257.29 Billion ≈ $174.36 Million |
+15.24% |
| 2008-12-31 | ₩223.27 Billion ≈ $151.30 Million |
+19.27% |
| 2007-12-31 | ₩187.19 Billion ≈ $126.85 Million |
+15.62% |
| 2006-12-31 | ₩161.90 Billion ≈ $109.72 Million |
+5.68% |
| 2005-12-31 | ₩153.19 Billion ≈ $103.82 Million |
+1.57% |
| 2004-12-31 | ₩150.83 Billion ≈ $102.22 Million |
+2.29% |
| 2003-12-31 | ₩147.46 Billion ≈ $99.93 Million |
+1.47% |
| 2002-12-31 | ₩145.32 Billion ≈ $98.48 Million |
+9.55% |
| 2001-12-31 | ₩132.66 Billion ≈ $89.90 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Silla Co.Ltd'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 146296.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩585.59 Billion | 97.15% |
| Other Components | ₩17.19 Billion | 2.85% |
| Total Equity | ₩602.77 Billion | 100.00% |
Silla Co.Ltd Competitors by Market Cap
The table below lists competitors of Silla Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EDAG Engineering Group AG
XETRA:ED4
|
$98.20 Million |
|
LUOYANG GLASS CO. H YC 1
F:LUG
|
$98.20 Million |
|
Papaya Growth Opportunity Corp I
NASDAQ:PPYA
|
$98.24 Million |
|
Arbe Robotics Ltd
NASDAQ:ARBE
|
$98.24 Million |
|
NCS Multistage Holdings Inc
NASDAQ:NCSM
|
$98.18 Million |
|
Kyongbo Pharmaceutical Co Ltd
KO:214390
|
$98.18 Million |
|
Lakeland Industries Inc
NASDAQ:LAKE
|
$98.16 Million |
|
Energy World Corporation Ltd
AU:EWC
|
$98.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Silla Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 570,051,781,880 to 602,772,684,650, a change of 32,720,902,770 (5.7%).
- Net income of 39,603,954,210 contributed positively to equity growth.
- Dividend payments of 7,892,500,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩39.60 Billion | +6.57% |
| Dividends Paid | ₩7.89 Billion | -1.31% |
| Other Changes | ₩1.01 Billion | +0.17% |
| Total Change | ₩- | 5.74% |
Book Value vs Market Value Analysis
This analysis compares Silla Co.Ltd'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: 0.24x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩29974.92 | ₩9180.00 | x |
| 2018-12-31 | ₩31862.28 | ₩9180.00 | x |
| 2019-12-31 | ₩32378.11 | ₩9180.00 | x |
| 2020-12-31 | ₩32370.46 | ₩9180.00 | x |
| 2021-12-31 | ₩35003.84 | ₩9180.00 | x |
| 2022-12-31 | ₩35416.24 | ₩9180.00 | x |
| 2023-12-31 | ₩36113.51 | ₩9180.00 | x |
| 2024-12-31 | ₩38186.42 | ₩9180.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Silla Co.Ltd 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): 6.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.98%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.27x
- Recent ROE (6.57%) is below the historical average (7.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 2.99% | 2.33% | 0.46x | 2.79x | ₩-8.07 Billion |
| 2002 | 9.53% | 9.65% | 0.42x | 2.34x | ₩-600.11 Million |
| 2003 | 0.44% | 0.40% | 0.50x | 2.26x | ₩-12.33 Billion |
| 2005 | 1.24% | 1.17% | 0.46x | 2.32x | ₩-11.60 Billion |
| 2006 | 4.89% | 4.66% | 0.46x | 2.25x | ₩-7.24 Billion |
| 2007 | 9.85% | 9.47% | 0.50x | 2.07x | ₩-241.95 Million |
| 2008 | 25.01% | 21.92% | 0.67x | 1.71x | ₩31.34 Billion |
| 2009 | 12.44% | 12.85% | 0.61x | 1.58x | ₩5.90 Billion |
| 2010 | 14.73% | 13.66% | 0.70x | 1.53x | ₩13.62 Billion |
| 2011 | 8.57% | 9.16% | 0.74x | 1.27x | ₩-4.91 Billion |
| 2012 | 17.49% | 15.86% | 0.86x | 1.28x | ₩29.75 Billion |
| 2013 | 6.38% | 7.92% | 0.66x | 1.22x | ₩-14.91 Billion |
| 2014 | 3.74% | 6.13% | 0.51x | 1.20x | ₩-26.58 Billion |
| 2015 | 3.83% | 5.74% | 0.57x | 1.17x | ₩-26.98 Billion |
| 2016 | 6.05% | 9.10% | 0.58x | 1.15x | ₩-18.12 Billion |
| 2017 | 5.53% | 6.42% | 0.75x | 1.15x | ₩-21.45 Billion |
| 2018 | 7.93% | 11.37% | 0.61x | 1.14x | ₩-10.58 Billion |
| 2019 | 1.99% | 2.79% | 0.60x | 1.20x | ₩-41.49 Billion |
| 2020 | 1.48% | 2.06% | 0.59x | 1.21x | ₩-44.13 Billion |
| 2021 | 8.06% | 12.85% | 0.51x | 1.23x | ₩-10.73 Billion |
| 2022 | 2.54% | 3.28% | 0.60x | 1.28x | ₩-41.71 Billion |
| 2023 | 3.01% | 3.95% | 0.58x | 1.31x | ₩-39.84 Billion |
| 2024 | 6.57% | 7.98% | 0.65x | 1.27x | ₩-20.67 Billion |
Industry Comparison
This section compares Silla Co.Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $718,390,147,137
- Average return on equity (ROE) among peers: 3.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Silla Co.Ltd (004970) | ₩588.82 Billion | 2.99% | 0.22x | $98.20 Million |
| Daehan Flour Mills Co Ltd (001130) | $1.01 Trillion | -2.50% | 0.52x | $13.10 Million |
| Daesang Corp (001680) | $867.27 Billion | 7.45% | 1.66x | $449.18 Million |
| Daesang Corp Preference Shares (001685) | $818.54 Billion | 7.12% | 1.57x | $14.61 Million |
| Korea Ind (002140) | $79.34 Billion | 7.08% | 1.02x | $37.37 Million |
| Choheung (002600) | $113.17 Billion | 7.18% | 0.44x | $57.25 Million |
| Sam Yang Foods (003230) | $576.79 Billion | 21.89% | 1.03x | $5.05 Billion |
| Daejoo Inc (003310) | $83.51 Billion | 9.96% | 0.33x | $62.24 Million |
| Harim Holdings Co. Ltd (003380) | $2.72 Trillion | 8.97% | 3.88x | $757.99 Million |
| Hansung Ent (003680) | $54.58 Billion | -22.33% | 2.91x | $18.12 Million |
| Namyang Dairy (003920) | $860.70 Billion | -6.22% | 0.16x | $187.15 Million |
About Silla Co.Ltd
Silla Co.,Ltd engages in the deep-sea fishery business in South Korea. It catches tuna, yellow fin, and big eye tuna; sells stainless and carbon alloy steel products, such as wire rods, wires, coils, and steel bars; operates Silla Darangwon, a Japanese Style restaurant; and processes seafood. The company was founded in 1967 and is headquartered in Seoul, South Korea.