Shinsung Tngsn Net Assets
Shinsung Tngsn net assets. Based on the latest financial reports, Shinsung Tngsn (005390) has net assets worth ₩547.02 Billion KRW (≈ $370.71 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.20 Trillion ≈ $812.81 Million USD) and total liabilities (₩652.37 Billion ≈ $442.10 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. Also explore net asset growth rate of Shinsung Tngsn to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩547.02 Billion |
| % of Total Assets | 45.61% |
| Annual Growth Rate | N/A |
| 5-Year Change | 106.42% |
| 10-Year Change | 158.46% |
| Growth Volatility | 15.69 |
Net Assets of Shinsung Tngsn (2000–2025)
Net assets of Shinsung Tngsn from 2000 to 2025. This chart illustrates how Shinsung Tngsn's net assets have evolved over time, based on quarterly financial data. See 005390 equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Shinsung Tngsn (2000–2025)
The table below shows the annual net assets of Shinsung Tngsn from 2000 to 2025. For live market cap and overall valuation, see 005390 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ₩547.02 Billion ≈ $370.71 Million |
+12.88% |
| 2024-06-30 | ₩484.61 Billion ≈ $328.41 Million |
+14.32% |
| 2023-06-30 | ₩423.93 Billion ≈ $287.29 Million |
+23.49% |
| 2022-06-30 | ₩343.29 Billion ≈ $232.64 Million |
+29.54% |
| 2021-06-30 | ₩265.00 Billion ≈ $179.59 Million |
+11.62% |
| 2020-06-30 | ₩237.40 Billion ≈ $160.89 Million |
+2.84% |
| 2019-06-30 | ₩230.85 Billion ≈ $156.44 Million |
+0.25% |
| 2018-06-30 | ₩230.28 Billion ≈ $156.06 Million |
+2.42% |
| 2017-06-30 | ₩224.85 Billion ≈ $152.37 Million |
+6.24% |
| 2016-06-30 | ₩211.65 Billion ≈ $143.43 Million |
+0.35% |
| 2015-06-30 | ₩210.91 Billion ≈ $142.93 Million |
+5.22% |
| 2014-06-30 | ₩200.45 Billion ≈ $135.84 Million |
-1.42% |
| 2013-06-30 | ₩203.35 Billion ≈ $137.80 Million |
-2.18% |
| 2012-06-30 | ₩207.88 Billion ≈ $140.88 Million |
+3.66% |
| 2011-06-30 | ₩200.54 Billion ≈ $135.90 Million |
+3.34% |
| 2010-06-30 | ₩194.05 Billion ≈ $131.51 Million |
-2.24% |
| 2009-06-30 | ₩198.49 Billion ≈ $134.52 Million |
+55.59% |
| 2008-06-30 | ₩127.57 Billion ≈ $86.45 Million |
-16.17% |
| 2007-06-30 | ₩152.17 Billion ≈ $103.13 Million |
+5.92% |
| 2006-06-30 | ₩143.67 Billion ≈ $97.36 Million |
-0.17% |
| 2005-06-30 | ₩143.91 Billion ≈ $97.53 Million |
+0.03% |
| 2004-06-30 | ₩143.87 Billion ≈ $97.50 Million |
-10.00% |
| 2003-06-30 | ₩159.86 Billion ≈ $108.34 Million |
+43.74% |
| 2002-06-30 | ₩111.22 Billion ≈ $75.37 Million |
+3.44% |
| 2001-06-30 | ₩107.52 Billion ≈ $72.86 Million |
+173.67% |
| 2000-06-30 | ₩-145.93 Billion ≈ $-98.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shinsung Tngsn'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 40608784000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Shinsung Tngsn Net Assets Breakdown (June 2025)
Shinsung Tngsn net assets breakdown by equity component as of June 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩406.09 Billion | 74.24% |
| Other Components | ₩140.93 Billion | 25.76% |
| Total Equity | ₩547.02 Billion | 100.00% |
Shinsung Tngsn Competitors by Market Cap
The table below lists competitors of Shinsung Tngsn ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PHOENIX N AG
SW:PMN
|
$399.30 Million |
|
Shanghai Nar Industrial Co Ltd
SHE:002825
|
$399.32 Million |
|
TARC Limited
NSE:TARC
|
$399.78 Million |
|
Jetwell Computer Co Ltd
TWO:3147
|
$399.84 Million |
|
Beijing Jingxi Culture&Tourism Co Ltd
SHE:000802
|
$399.13 Million |
|
Kits Eyecare Ltd
TO:KITS
|
$399.05 Million |
|
Ningbo Tianyi Medical Appliance Co. Ltd.
SHE:301097
|
$398.98 Million |
|
Fulgent Sun International Holding Co Ltd
TW:9802
|
$398.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shinsung Tngsn's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 484,611,684,250 to 547,021,611,870, a change of 62,409,927,620 (12.9%).
- Net income of 59,653,747,620 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩59.65 Billion | +10.91% |
| Other Changes | ₩2.76 Billion | +0.5% |
| Total Change | ₩- | 12.88% |
Book Value vs Market Value Analysis
This analysis compares Shinsung Tngsn'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: 1.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.62x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | ₩1564.60 | ₩4100.00 | x |
| 2018-06-30 | ₩1602.40 | ₩4100.00 | x |
| 2019-06-30 | ₩1606.36 | ₩4100.00 | x |
| 2020-06-30 | ₩1651.99 | ₩4100.00 | x |
| 2021-06-30 | ₩1844.00 | ₩4100.00 | x |
| 2022-06-30 | ₩2388.78 | ₩4100.00 | x |
| 2023-06-30 | ₩2949.90 | ₩4100.00 | x |
| 2024-06-30 | ₩3372.19 | ₩4100.00 | x |
| 2025-06-30 | ₩3806.47 | ₩4100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shinsung Tngsn 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): 10.91%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.04%
- • Asset Turnover: 1.23x
- • Equity Multiplier: 2.19x
- Recent ROE (10.91%) is above the historical average (10.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 117.57% | 35.59% | 1.27x | 2.60x | ₩110.49 Billion |
| 2002 | 7.04% | 2.63% | 1.27x | 2.11x | ₩-3.29 Billion |
| 2003 | 1.41% | 0.78% | 1.31x | 1.38x | ₩-13.73 Billion |
| 2005 | 2.22% | 0.91% | 1.62x | 1.50x | ₩-11.20 Billion |
| 2006 | 2.06% | 0.87% | 1.42x | 1.67x | ₩-11.40 Billion |
| 2007 | 3.89% | 1.55% | 1.46x | 1.73x | ₩-9.20 Billion |
| 2009 | 4.42% | 1.57% | 1.17x | 2.41x | ₩-10.98 Billion |
| 2010 | 2.71% | 0.93% | 1.17x | 2.50x | ₩-14.15 Billion |
| 2011 | 6.32% | 1.81% | 1.37x | 2.55x | ₩-7.39 Billion |
| 2012 | 2.77% | 0.80% | 1.30x | 2.65x | ₩-15.02 Billion |
| 2013 | 0.06% | 0.01% | 1.25x | 3.09x | ₩-20.22 Billion |
| 2014 | 1.07% | 0.28% | 1.24x | 3.13x | ₩-17.89 Billion |
| 2015 | 3.22% | 0.79% | 1.28x | 3.18x | ₩-14.30 Billion |
| 2016 | 0.64% | 0.15% | 1.35x | 3.27x | ₩-19.80 Billion |
| 2017 | 3.52% | 0.90% | 1.40x | 2.81x | ₩-14.58 Billion |
| 2018 | 3.27% | 0.92% | 1.26x | 2.84x | ₩-15.50 Billion |
| 2019 | 2.26% | 0.55% | 1.38x | 2.99x | ₩-17.88 Billion |
| 2020 | 3.08% | 0.71% | 1.24x | 3.48x | ₩-16.44 Billion |
| 2021 | 10.87% | 2.40% | 1.34x | 3.39x | ₩2.31 Billion |
| 2022 | 22.33% | 5.23% | 1.43x | 2.98x | ₩42.32 Billion |
| 2023 | 19.63% | 5.39% | 1.44x | 2.52x | ₩40.82 Billion |
| 2024 | 15.21% | 4.89% | 1.30x | 2.40x | ₩25.23 Billion |
| 2025 | 10.91% | 4.04% | 1.23x | 2.19x | ₩4.95 Billion |
Industry Comparison
This section compares Shinsung Tngsn's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $210,596,738,989
- Average return on equity (ROE) among peers: 0.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shinsung Tngsn (005390) | ₩547.02 Billion | 117.57% | 1.19x | $399.30 Million |
| BYC Co. Ltd (001460) | $199.43 Billion | 5.24% | 0.40x | $137.82 Million |
| BYC Co Ltd (001465) | $481.81 Billion | 6.20% | 0.42x | $32.52 Million |
| Vivien Corp (002070) | $134.84 Billion | 4.83% | 0.26x | $6.52 Million |
| SG Corporation (004060) | $202.38 Billion | 0.73% | 0.44x | $26.02 Million |
| Kuk Dong (005320) | $115.57 Billion | -3.28% | 0.51x | $47.77 Million |
| Shinyoung Waco (005800) | $283.83 Billion | 4.00% | 0.12x | $80.88 Million |
| F&F Holdings Co. Ltd (007700) | $189.53 Billion | 7.38% | 0.70x | $349.23 Million |
| Pan-Pacific (007980) | $155.89 Billion | -11.28% | 2.92x | $48.83 Million |
| Willbes (008600) | $132.09 Billion | -5.05% | 1.31x | $116.83 Million |
About Shinsung Tngsn
Shinsung Tongsang Co., Ltd., together with its subsidiaries, manufactures, distributes, and sells clothing products in South Korea and internationally. It operates through Export Division, Fashion Division, and Distribution Division segments. The company's Export Division focuses on original equipment manufacturer exports for knitwear to wholesalers and retailers. Its Fashion Division operates un… Read more