Sungshin Cemen Net Assets

Latest as of June 2026: ₩602.26 Billion KRW ≈ $408.14 Million USD

Sungshin Cemen net assets. Based on the latest financial reports, Sungshin Cemen (004980) has net assets worth ₩602.26 Billion KRW (≈ $408.14 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.34 Trillion ≈ $908.74 Million USD) and total liabilities (₩738.68 Billion ≈ $500.59 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. See Sungshin Cemen (004980) net asset quality to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric Value
Current Net Assets ₩602.26 Billion
% of Total Assets 44.91%
Annual Growth Rate 2.29%
5-Year Change 43.2%
10-Year Change 86.58%
Growth Volatility 15.81

Net Assets of Sungshin Cemen (2000–2025)

Net assets of Sungshin Cemen from 2000 to 2025. This chart illustrates how Sungshin Cemen's net assets have evolved over time, based on quarterly financial data. Also explore net asset growth rate of Sungshin Cemen to track the company's year-over-year net asset growth rate.

Annual Net Assets for Sungshin Cemen (2000–2025)

The table below shows the annual net assets of Sungshin Cemen from 2000 to 2025. For live market cap and overall valuation, see Sungshin Cemen (004980) total market value.

Year Net Assets Change
2025-12-31 ₩592.86 Billion
≈ $401.77 Million
+3.11%
2024-12-31 ₩575.00 Billion
≈ $389.67 Million
+6.87%
2023-12-31 ₩538.02 Billion
≈ $364.61 Million
+35.79%
2022-12-31 ₩396.21 Billion
≈ $268.51 Million
-4.30%
2021-12-31 ₩414.01 Billion
≈ $280.57 Million
+1.62%
2020-12-31 ₩407.42 Billion
≈ $276.10 Million
+1.79%
2019-12-31 ₩400.26 Billion
≈ $271.25 Million
+3.46%
2018-12-31 ₩386.88 Billion
≈ $262.18 Million
+3.49%
2017-12-31 ₩373.83 Billion
≈ $253.34 Million
+17.65%
2016-12-31 ₩317.75 Billion
≈ $215.33 Million
+4.07%
2015-12-31 ₩305.31 Billion
≈ $206.90 Million
-11.92%
2014-12-31 ₩346.64 Billion
≈ $234.91 Million
-0.46%
2013-12-31 ₩348.23 Billion
≈ $235.99 Million
+5.92%
2012-12-31 ₩328.76 Billion
≈ $222.79 Million
-1.99%
2011-12-31 ₩335.42 Billion
≈ $227.31 Million
-36.06%
2010-12-31 ₩524.55 Billion
≈ $355.48 Million
+34.59%
2009-12-31 ₩389.74 Billion
≈ $264.12 Million
-4.39%
2008-12-31 ₩407.63 Billion
≈ $276.25 Million
+21.13%
2000-12-31 ₩336.53 Billion
≈ $228.06 Million
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Equity Component Analysis

This analysis shows how different components contribute to Sungshin Cemen'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 32892414433000.0% over the analyzed period, indicating profitable operations and earnings retention.

Sungshin Cemen Net Assets Breakdown (December 2025)

Sungshin Cemen net assets breakdown by equity component as of December 2025.

Component Amount Percentage
Retained Earnings ₩328.92 Billion 56.03%
Other Components ₩258.12 Billion 43.97%
Total Equity ₩587.04 Billion 100.00%

Sungshin Cemen Competitors by Market Cap

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

Company Market Cap
Duos Technologies Group Inc
NASDAQ:DUOT
$125.04 Million
Financiera Independencia S.A.B. de C.V. SOFOM E.N.R
MX:FINDEP
$125.09 Million
Synalloy Corporation
NASDAQ:ACNT
$125.09 Million
Titomic Ltd
AU:TTT
$125.12 Million
Beyond Meat Inc
NASDAQ:BYND
$125.00 Million
Bigtincan Holdings Ltd
AU:BTH
$125.00 Million
Lu Thai Textile
SHE:200726
$124.99 Million
Gatekeeper Systems Inc
V:GSI
$124.97 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 569,291,498,500 to 587,040,924,470, a change of 17,749,425,970 (3.1%).
  • Net income of 25,985,024,700 contributed positively to equity growth.
  • Dividend payments of 8,734,541,950 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ₩25.99 Billion +4.43%
Dividends Paid ₩8.73 Billion -1.49%
Other Changes ₩498.94 Million +0.08%
Total Change ₩- 3.12%

Book Value vs Market Value Analysis

This analysis compares Sungshin Cemen'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: 0.31x
  • 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 0.48x to 0.31x 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 ₩15830.49 ₩7650.00 x
2018-12-31 ₩16385.64 ₩7650.00 x
2019-12-31 ₩16598.11 ₩7650.00 x
2020-12-31 ₩16872.14 ₩7650.00 x
2021-12-31 ₩17144.77 ₩7650.00 x
2022-12-31 ₩16402.15 ₩7650.00 x
2023-12-31 ₩21426.37 ₩7650.00 x
2024-12-31 ₩23607.27 ₩7650.00 x
2025-12-31 ₩24343.30 ₩7650.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sungshin Cemen 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): 4.43%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.14%
  • • Asset Turnover: 0.93x
  • • Equity Multiplier: 2.23x
  • Recent ROE (4.43%) is above the historical average (2.34%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 3.85% 2.36% 0.54x 3.02x ₩-23.56 Billion
2012 1.03% 0.62% 0.49x 3.41x ₩-29.51 Billion
2013 1.02% 0.59% 0.53x 3.28x ₩-31.29 Billion
2014 2.44% 1.38% 0.55x 3.22x ₩-26.18 Billion
2015 -11.32% -4.99% 0.63x 3.59x ₩-63.74 Billion
2016 3.98% 1.84% 0.68x 3.20x ₩-19.13 Billion
2017 3.27% 1.89% 0.63x 2.74x ₩-25.16 Billion
2018 4.31% 2.42% 0.65x 2.74x ₩-22.02 Billion
2019 4.36% 2.46% 0.69x 2.57x ₩-22.59 Billion
2020 2.50% 1.41% 0.66x 2.68x ₩-30.50 Billion
2021 1.56% 0.77% 0.74x 2.71x ₩-34.90 Billion
2022 -6.71% -2.58% 0.87x 3.00x ₩-66.11 Billion
2023 12.53% 5.99% 0.85x 2.46x ₩13.46 Billion
2024 7.94% 3.89% 0.85x 2.40x ₩-11.72 Billion
2025 4.43% 2.14% 0.93x 2.23x ₩-32.72 Billion

Industry Comparison

This section compares Sungshin Cemen's net assets metrics with peer companies in the Building Materials industry.

Industry Context

  • Industry: Building Materials
  • Average net assets among peers: $452,898,973,704
  • Average return on equity (ROE) among peers: 18.15%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sungshin Cemen (004980) ₩602.26 Billion 3.85% 1.23x $125.02 Million
Chosun Refractories Co Ltd (000480) $703.33 Billion 3.46% 0.52x $121.90 Million
Union Corporation (000910) $130.50 Billion 2.82% 0.35x $29.09 Million
Tongyang (001520) $-70.78 Billion 0.00% 0.00x $82.31 Million
Tongyang Inc (001525) $374.95 Billion 170.06% 1.21x $967.48 Million
Tongyang Inc (001527) $862.69 Billion 2.82% 0.16x $496.97K
Asia Cement (002030) $826.44 Billion 3.24% 0.42x $217.25 Million
Hanil Cement Co Ltd (003300) $1.05 Trillion 3.83% 0.43x $358.33 Million
Korea Petroleum Industries Co (004090) $117.24 Billion 5.70% 0.97x $98.33 Million
Samil C&S Co Ltd (004440) $285.51 Billion 1.54% 0.27x $44.35 Million
TWay Holdings (004870) $245.78 Billion -12.02% 2.54x $79.37 Million

About Sungshin Cemen

KO:004980 Korea Building Materials
Market Cap
$125.02 Million
₩184.48 Billion KRW
Market Cap Rank
#18251 Global
#805 in Korea
Share Price
₩7650.00
Change (1 day)
-1.67%
52-Week Range
₩7090.00 - ₩13230.00
All Time High
₩17808.63
About

Sungshin Cement Co., Ltd manufactures and sells cement and ready mixed concrete products in South Korea and internationally. The company offers portland, portland blast-furnace slag, PHC pile, and class-A crude steel portland cement; ready-mixed concrete; and slag fine powder and cement, and special cement. It also engages in the cargo transportation, port loading and unloading work, storage, int… Read more