Shinyoung Waco
Shinyoungwacoal,Inc. engages in the production and sale of foundation and lingerie products in South Korea. The company offers its products under the VENUS, PINK VENUS, VENUS MEN, ORLFA, SOLB, WACOAL, SALUTE, MC, RIECHE, MOTHERPIA, REMAMMA, ART-BEAU, VENUS CHOU, JASMIN, and ANETA brands. It is also involved in the manufacturing, processing, and sale of sewing products; leasing of real estate; imp… Read more
Shinyoung Waco (005800) - Net Assets
Latest net assets as of September 2025: ₩378.95 Billion KRW
Based on the latest financial reports, Shinyoung Waco (005800) has net assets worth ₩378.95 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 (₩418.23 Billion) and total liabilities (₩39.27 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 | ₩378.95 Billion |
| % of Total Assets | 90.61% |
| Annual Growth Rate | 3.48% |
| 5-Year Change | 16.23% |
| 10-Year Change | 29.88% |
| Growth Volatility | 3.16 |
Shinyoung Waco - Net Assets Trend (2009–2024)
This chart illustrates how Shinyoung Waco's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shinyoung Waco (2009–2024)
The table below shows the annual net assets of Shinyoung Waco from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩368.63 Billion | +0.81% |
| 2023-12-31 | ₩365.68 Billion | +0.82% |
| 2022-12-31 | ₩362.72 Billion | +12.33% |
| 2021-12-31 | ₩322.92 Billion | +1.81% |
| 2020-12-31 | ₩317.16 Billion | +2.52% |
| 2019-12-31 | ₩309.35 Billion | +0.34% |
| 2018-12-31 | ₩308.31 Billion | +1.16% |
| 2017-12-31 | ₩304.78 Billion | +1.50% |
| 2016-12-31 | ₩300.27 Billion | +5.79% |
| 2015-12-31 | ₩283.83 Billion | +4.30% |
| 2014-12-31 | ₩272.12 Billion | +0.14% |
| 2014-09-30 | ₩271.75 Billion | +1.23% |
| 2013-12-31 | ₩268.44 Billion | +2.81% |
| 2012-12-31 | ₩261.09 Billion | +3.66% |
| 2011-12-31 | ₩251.88 Billion | +7.10% |
| 2010-12-31 | ₩235.17 Billion | +6.51% |
| 2009-12-31 | ₩220.79 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shinyoung Waco'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 28761918416000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩287.62 Billion | 78.02% |
| Other Components | ₩81.01 Billion | 21.98% |
| Total Equity | ₩368.63 Billion | 100.00% |
Shinyoung Waco Competitors by Market Cap
The table below lists competitors of Shinyoung Waco ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NexturnBioscience Co. Ltd
KQ:089140
|
$26.78 Million |
|
TAPEX INC
KO:055490
|
$26.79 Million |
|
Total Soft Bank Ltd
KQ:045340
|
$26.79 Million |
|
Garuda Metalindo Tbk PT
JK:BOLT
|
$26.80 Million |
|
RTRZY
OTCGREY:RTRZY
|
$26.78 Million |
|
Bluerock Homes Trust Inc.
NYSE MKT:BHM
|
$26.77 Million |
|
Antisense Therapeutics Limited
PINK:ATHJF
|
$26.77 Million |
|
Home Loan Financial Corp
PINK:HLFN
|
$26.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shinyoung Waco's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 365,678,215,750 to 368,625,705,500, a change of 2,947,489,750 (0.8%).
- Net income of 3,902,312,090 contributed positively to equity growth.
- Dividend payments of 1,350,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.90 Billion | +1.06% |
| Dividends Paid | ₩1.35 Billion | -0.37% |
| Other Changes | ₩395.18 Million | +0.11% |
| Total Change | ₩- | 0.81% |
Book Value vs Market Value Analysis
This analysis compares Shinyoung Waco'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: 0.40x
- 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 increased from 0.05x to 0.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩338647.97 | ₩16180.00 | x |
| 2018-12-31 | ₩342568.96 | ₩16180.00 | x |
| 2019-12-31 | ₩343727.27 | ₩16180.00 | x |
| 2020-12-31 | ₩352403.94 | ₩16180.00 | x |
| 2021-12-31 | ₩358798.05 | ₩16180.00 | x |
| 2022-12-31 | ₩40302.31 | ₩16180.00 | x |
| 2023-12-31 | ₩40630.91 | ₩16180.00 | x |
| 2024-12-31 | ₩40958.41 | ₩16180.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shinyoung Waco 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): 1.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.98%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.10x
- Recent ROE (1.06%) is below the historical average (3.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 6.55% | 8.18% | 0.71x | 1.13x | ₩-7.62 Billion |
| 2010 | 6.63% | 8.17% | 0.72x | 1.13x | ₩-7.93 Billion |
| 2011 | 6.83% | 8.95% | 0.68x | 1.12x | ₩-7.98 Billion |
| 2012 | 5.89% | 7.47% | 0.70x | 1.13x | ₩-10.73 Billion |
| 2013 | 4.25% | 5.74% | 0.65x | 1.13x | ₩-15.43 Billion |
| 2014 | 2.17% | 3.16% | 0.61x | 1.12x | ₩-21.28 Billion |
| 2014 | 0.58% | 3.86% | 0.14x | 1.11x | ₩-25.64 Billion |
| 2015 | 4.00% | 6.34% | 0.56x | 1.12x | ₩-17.03 Billion |
| 2016 | 5.77% | 9.66% | 0.54x | 1.11x | ₩-12.70 Billion |
| 2017 | 2.99% | 5.00% | 0.55x | 1.09x | ₩-21.35 Billion |
| 2018 | 0.88% | 1.58% | 0.51x | 1.09x | ₩-28.12 Billion |
| 2019 | 1.23% | 2.16% | 0.52x | 1.10x | ₩-27.12 Billion |
| 2020 | 0.92% | 1.64% | 0.48x | 1.18x | ₩-28.80 Billion |
| 2021 | 2.01% | 3.43% | 0.49x | 1.20x | ₩-25.80 Billion |
| 2022 | 6.48% | 11.67% | 0.47x | 1.17x | ₩-12.77 Billion |
| 2023 | 1.37% | 2.47% | 0.50x | 1.10x | ₩-31.56 Billion |
| 2024 | 1.06% | 1.98% | 0.49x | 1.10x | ₩-32.96 Billion |
Industry Comparison
This section compares Shinyoung Waco's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $205,014,673,672
- Average return on equity (ROE) among peers: 7.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shinyoung Waco (005800) | ₩378.95 Billion | 6.55% | 0.10x | $26.78 Million |
| BYC Co Ltd (001465) | $378.12 Billion | 3.49% | 0.83x | $50.34 Million |
| Vivien Corp (002070) | $138.99 Billion | 0.12% | 0.40x | $10.53 Million |
| Kuk Dong (005320) | $28.64 Billion | 31.07% | 2.12x | $15.40 Million |
| Shinsung Tngsn (005390) | $230.85 Billion | 2.26% | 1.99x | $10.03 Million |
| F&F Holdings Co. Ltd (007700) | $189.53 Billion | 7.38% | 0.70x | $40.03 Million |
| Pan-Pacific (007980) | $241.92 Billion | 9.16% | 2.11x | $38.87 Million |
| Willbes (008600) | $126.89 Billion | 2.17% | 0.93x | $13.89 Million |
| Shinwon (009270) | $213.79 Billion | 2.77% | 1.55x | $51.58 Million |
| Youngone Holdi (009970) | $296.42 Billion | 11.43% | 0.61x | $813.72 Million |