Sajo Oyang (006090) - Net Assets
Based on the latest financial reports, Sajo Oyang (006090) has net assets worth ₩242.57 Billion KRW (≈ $164.39 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 (₩441.10 Billion ≈ $298.93 Million USD) and total liabilities (₩198.54 Billion ≈ $134.54 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. Check 006090 financial resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of Sajo Oyang for the complete picture of this company's asset base.
Annual Net Assets for Sajo Oyang (2009–2024)
The table below shows the annual net assets of Sajo Oyang from 2009 to 2024. For live valuation and market cap data, see 006090 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩229.72 Billion ≈ $155.68 Million |
+4.04% |
| 2023-12-31 | ₩220.79 Billion ≈ $149.63 Million |
+7.21% |
| 2022-12-31 | ₩205.95 Billion ≈ $139.57 Million |
+4.70% |
| 2021-12-31 | ₩196.70 Billion ≈ $133.30 Million |
+6.45% |
| 2020-12-31 | ₩184.79 Billion ≈ $125.23 Million |
+10.28% |
| 2019-12-31 | ₩167.56 Billion ≈ $113.55 Million |
+7.61% |
| 2018-12-31 | ₩155.70 Billion ≈ $105.52 Million |
+4.72% |
| 2017-12-31 | ₩148.68 Billion ≈ $100.76 Million |
+15.89% |
| 2016-12-31 | ₩128.30 Billion ≈ $86.95 Million |
+9.45% |
| 2015-12-31 | ₩117.23 Billion ≈ $79.44 Million |
+58.60% |
| 2014-12-31 | ₩73.91 Billion ≈ $50.09 Million |
-2.69% |
| 2013-12-31 | ₩75.95 Billion ≈ $51.47 Million |
+5.49% |
| 2012-12-31 | ₩72.00 Billion ≈ $48.79 Million |
+5.93% |
| 2011-12-31 | ₩67.97 Billion ≈ $46.06 Million |
+9.54% |
| 2010-12-31 | ₩62.05 Billion ≈ $42.05 Million |
+43.65% |
| 2009-12-31 | ₩43.20 Billion ≈ $29.27 Million |
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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 |
|---|---|
|
Havanna Holding SA
BA:HAVA
|
$53.86 Million |
|
Hotelim Société Anonyme
PA:MLHOT
|
$53.86 Million |
|
Lokesh Machines Limited
NSE:LOKESHMACH
|
$53.87 Million |
|
Alterity Therapeutics Limited
F:PBN
|
$53.88 Million |
|
Patria Latin American Opportunity
NASDAQ:PLAO
|
$53.82 Million |
|
Nan Yang Dyeing & Finishing Co Ltd
TW:1410
|
$53.81 Million |
|
Malacca Trust Wuwungan Insurance PT
JK:MTWI
|
$53.81 Million |
|
TLGY Acquisition Corp
NASDAQ:TLGY
|
$53.81 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: 0.35x
- 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 0.53x to 0.35x 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 | ₩8430.00 | x |
| 2018-12-31 | ₩16524.29 | ₩8430.00 | x |
| 2019-12-31 | ₩17782.35 | ₩8430.00 | x |
| 2020-12-31 | ₩19611.25 | ₩8430.00 | x |
| 2021-12-31 | ₩20875.53 | ₩8430.00 | x |
| 2022-12-31 | ₩21856.33 | ₩8430.00 | x |
| 2023-12-31 | ₩23431.88 | ₩8430.00 | x |
| 2024-12-31 | ₩24379.35 | ₩8430.00 | 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: $624,762,189,955
- Average return on equity (ROE) among peers: 2.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sajo Oyang (006090) | ₩242.57 Billion | 36.92% | 0.82x | $53.83 Million |
| Daehan Flour Mills Co Ltd (001130) | $238.84 Billion | 11.11% | 1.02x | $174.98 Million |
| Daesang Corp (001680) | $1.45 Trillion | 6.58% | 1.42x | $486.05 Million |
| Daesang Corp Preference Shares (001685) | $1.32 Trillion | 6.28% | 1.41x | $15.68 Million |
| Korea Ind (002140) | $88.76 Billion | 5.76% | 1.06x | $47.32 Million |
| Choheung (002600) | $149.64 Billion | 0.24% | 1.63x | $59.77 Million |
| Sam Yang Foods (003230) | $54.47 Billion | 7.75% | 2.83x | $5.05 Billion |
| Daejoo Inc (003310) | $50.50 Billion | 5.36% | 0.67x | $82.87 Million |
| Harim Holdings Co. Ltd (003380) | $2.10 Trillion | 14.57% | 4.53x | $864.77 Million |
| Hansung Ent (003680) | $54.58 Billion | -22.33% | 2.91x | $19.75 Million |
| Namyang Dairy (003920) | $737.95 Billion | -10.63% | 0.22x | $209.00 Million |
About 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