Sajo Oyang
Oyang Corporation engages in deep-sea fishing, food, and rental business in South Korea and internationally. The company offers crab sticks and frozen food; ham products, sausages, BBQ, bacons, topping food for pizzas, hot dogs, etc.; fish cakes; and dumplings. It also provides various fishes, including Pollack, cod, herring, halibut, snapper, squids, hoki, psenopsis anomala, red catfish, whiting… Read more
Sajo Oyang (006090) - Net Assets
Latest net assets as of September 2025: ₩242.57 Billion KRW
Based on the latest financial reports, Sajo Oyang (006090) has net assets worth ₩242.57 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 (₩441.10 Billion) and total liabilities (₩198.54 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 | ₩242.57 Billion |
| % of Total Assets | 54.99% |
| Annual Growth Rate | 11.78% |
| 5-Year Change | 24.31% |
| 10-Year Change | 95.96% |
| Growth Volatility | 15.78 |
Sajo Oyang - Net Assets Trend (2009–2024)
This chart illustrates how Sajo Oyang's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sajo Oyang (2009–2024)
The table below shows the annual net assets of Sajo Oyang from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩229.72 Billion | +4.04% |
| 2023-12-31 | ₩220.79 Billion | +7.21% |
| 2022-12-31 | ₩205.95 Billion | +4.70% |
| 2021-12-31 | ₩196.70 Billion | +6.45% |
| 2020-12-31 | ₩184.79 Billion | +10.28% |
| 2019-12-31 | ₩167.56 Billion | +7.61% |
| 2018-12-31 | ₩155.70 Billion | +4.72% |
| 2017-12-31 | ₩148.68 Billion | +15.89% |
| 2016-12-31 | ₩128.30 Billion | +9.45% |
| 2015-12-31 | ₩117.23 Billion | +58.60% |
| 2014-12-31 | ₩73.91 Billion | -2.69% |
| 2013-12-31 | ₩75.95 Billion | +5.49% |
| 2012-12-31 | ₩72.00 Billion | +5.93% |
| 2011-12-31 | ₩67.97 Billion | +9.54% |
| 2010-12-31 | ₩62.05 Billion | +43.65% |
| 2009-12-31 | ₩43.20 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sajo Oyang'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 16903927035600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩168.72 Billion | 73.45% |
| Other Components | ₩61.00 Billion | 26.55% |
| Total Equity | ₩229.72 Billion | 100.00% |
Sajo Oyang Competitors by Market Cap
The table below lists competitors of Sajo Oyang ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Galil Capital Re Spain SOCIMI SA
MC:YGCS
|
$10.31 Million |
|
Benalec Holdings Bhd
KLSE:5190
|
$10.31 Million |
|
Datron AG
XETRA:DAR
|
$10.31 Million |
|
HAV GROUP ASA
F:6HH
|
$10.31 Million |
|
DNXcorp
PA:ALDNX
|
$10.30 Million |
|
Echelon Resources Ltd
AU:ECH
|
$10.30 Million |
|
DUET Acquisition Corp
NASDAQ:DUET
|
$10.30 Million |
|
South Star Battery Metals Corp
OTCQB:STSBF
|
$10.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sajo Oyang's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 220,792,416,310 to 229,720,173,480, a change of 8,927,757,170 (4.0%).
- Net income of 12,647,900,190 contributed positively to equity growth.
- Dividend payments of 1,884,458,920 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩12.65 Billion | +5.51% |
| Dividends Paid | ₩1.88 Billion | -0.82% |
| Other Changes | ₩-1.84 Billion | -0.8% |
| Total Change | ₩- | 4.04% |
Book Value vs Market Value Analysis
This analysis compares Sajo Oyang'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: 0.34x
- 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 0.52x to 0.34x 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 | ₩15779.37 | ₩8220.00 | x |
| 2018-12-31 | ₩16524.29 | ₩8220.00 | x |
| 2019-12-31 | ₩17782.35 | ₩8220.00 | x |
| 2020-12-31 | ₩19611.25 | ₩8220.00 | x |
| 2021-12-31 | ₩20875.53 | ₩8220.00 | x |
| 2022-12-31 | ₩21856.33 | ₩8220.00 | x |
| 2023-12-31 | ₩23431.88 | ₩8220.00 | x |
| 2024-12-31 | ₩24379.35 | ₩8220.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sajo Oyang 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): 5.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.16%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.81x
- Recent ROE (5.51%) is below the historical average (10.15%), 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 | 36.92% | 12.59% | 1.16x | 2.52x | ₩11.63 Billion |
| 2010 | 30.73% | 15.08% | 0.90x | 2.26x | ₩12.86 Billion |
| 2011 | 9.59% | 4.75% | 0.80x | 2.54x | ₩-275.35 Million |
| 2012 | 0.80% | 0.45% | 0.73x | 2.42x | ₩-6.62 Billion |
| 2013 | 5.52% | 3.82% | 0.64x | 2.27x | ₩-3.40 Billion |
| 2014 | -4.03% | -2.67% | 0.65x | 2.34x | ₩-10.37 Billion |
| 2015 | 8.06% | 4.85% | 0.69x | 2.41x | ₩-2.28 Billion |
| 2016 | 8.84% | 4.06% | 0.95x | 2.28x | ₩-1.49 Billion |
| 2017 | 16.13% | 7.73% | 1.03x | 2.03x | ₩9.12 Billion |
| 2018 | 5.11% | 2.69% | 0.96x | 1.98x | ₩-7.61 Billion |
| 2019 | 7.89% | 4.21% | 1.01x | 1.86x | ₩-3.54 Billion |
| 2020 | 9.99% | 5.63% | 1.03x | 1.72x | ₩-22.00 Million |
| 2021 | 8.02% | 4.80% | 1.04x | 1.61x | ₩-3.90 Billion |
| 2022 | 4.14% | 2.31% | 1.08x | 1.67x | ₩-12.07 Billion |
| 2023 | 9.19% | 5.18% | 1.13x | 1.57x | ₩-1.78 Billion |
| 2024 | 5.51% | 3.16% | 0.97x | 1.81x | ₩-10.32 Billion |
Industry Comparison
This section compares Sajo Oyang's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $383,167,334,826
- Average return on equity (ROE) among peers: 4.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sajo Oyang (006090) | ₩242.57 Billion | 36.92% | 0.82x | $10.30 Million |
| Daehan Flour Mills Co Ltd (001130) | $489.63 Billion | 6.13% | 0.50x | $92.10 Million |
| Daesang Corp (001680) | $484.66 Billion | 6.60% | 1.67x | $297.74 Million |
| Daesang Corp Preference Shares (001685) | $867.27 Billion | 7.45% | 1.66x | $257.13 Million |
| Korea Ind (002140) | $66.54 Billion | 7.12% | 1.23x | $24.66 Million |
| Choheung (002600) | $149.64 Billion | 0.24% | 1.63x | $16.50 Million |
| Sam Yang Foods (003230) | $53.38 Billion | 0.00% | 4.82x | $2.87 Billion |
| Daejoo Inc (003310) | $47.00 Billion | 3.26% | 0.70x | $60.49 Million |
| Harim Holdings Co. Ltd (003380) | $808.31 Billion | 21.63% | 7.74x | $434.99 Million |
| Hansung Ent (003680) | $52.28 Billion | 2.70% | 3.49x | $11.05 Million |
| Namyang Dairy (003920) | $812.96 Billion | -7.24% | 0.15x | $115.08 Million |