SK Discovery Co Ltd (006120) - Net Assets
Based on the latest financial reports, SK Discovery Co Ltd (006120) has net assets worth ₩6.60 Trillion KRW (≈ $4.47 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩15.46 Trillion ≈ $10.48 Billion USD) and total liabilities (₩8.87 Trillion ≈ $6.01 Billion 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 006120 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩6.60 Trillion |
| % of Total Assets | 42.66% |
| Annual Growth Rate | 10.86% |
| 5-Year Change | 146.65% |
| 10-Year Change | 149.57% |
| Growth Volatility | 24.69 |
SK Discovery Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how SK Discovery Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore SK Discovery Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for SK Discovery Co Ltd (2000–2024)
The table below shows the annual net assets of SK Discovery Co Ltd from 2000 to 2024. For live valuation and market cap data, see market cap of SK Discovery Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩6.45 Trillion ≈ $4.37 Billion |
+6.32% |
| 2023-12-31 | ₩6.07 Trillion ≈ $4.11 Billion |
+1.95% |
| 2022-12-31 | ₩5.95 Trillion ≈ $4.03 Billion |
+93.96% |
| 2021-12-31 | ₩3.07 Trillion ≈ $2.08 Billion |
+17.31% |
| 2020-12-31 | ₩2.62 Trillion ≈ $1.77 Billion |
+12.62% |
| 2019-12-31 | ₩2.32 Trillion ≈ $1.57 Billion |
+0.20% |
| 2018-12-31 | ₩2.32 Trillion ≈ $1.57 Billion |
+9.13% |
| 2017-12-31 | ₩2.12 Trillion ≈ $1.44 Billion |
-20.20% |
| 2016-12-31 | ₩2.66 Trillion ≈ $1.80 Billion |
+2.96% |
| 2015-12-31 | ₩2.59 Trillion ≈ $1.75 Billion |
+28.90% |
| 2014-12-31 | ₩2.01 Trillion ≈ $1.36 Billion |
+12.48% |
| 2013-12-31 | ₩1.78 Trillion ≈ $1.21 Billion |
+2.61% |
| 2012-12-31 | ₩1.74 Trillion ≈ $1.18 Billion |
+7.27% |
| 2011-12-31 | ₩1.62 Trillion ≈ $1.10 Billion |
+19.51% |
| 2010-12-31 | ₩1.36 Trillion ≈ $918.89 Million |
+32.57% |
| 2009-12-31 | ₩1.02 Trillion ≈ $693.12 Million |
-24.01% |
| 2008-12-31 | ₩1.35 Trillion ≈ $912.12 Million |
+53.33% |
| 2007-12-31 | ₩877.81 Billion ≈ $594.88 Million |
+18.40% |
| 2006-12-31 | ₩741.36 Billion ≈ $502.41 Million |
-2.95% |
| 2005-12-31 | ₩763.89 Billion ≈ $517.68 Million |
+6.50% |
| 2004-12-31 | ₩717.28 Billion ≈ $486.09 Million |
+18.13% |
| 2003-12-31 | ₩607.21 Billion ≈ $411.50 Million |
+34.24% |
| 2002-12-31 | ₩452.32 Billion ≈ $306.53 Million |
-30.12% |
| 2001-12-31 | ₩647.30 Billion ≈ $438.66 Million |
+19.05% |
| 2000-12-31 | ₩543.71 Billion ≈ $368.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SK Discovery Co Ltd'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 38603.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩3.01 Trillion | 106.73% |
| Total Equity | ₩2.82 Trillion | 100.00% |
SK Discovery Co Ltd Competitors by Market Cap
The table below lists competitors of SK Discovery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Monalisa Group Co Ltd Class A
SHE:002918
|
$648.46 Million |
|
Elior SCA
PA:ELIOR
|
$648.46 Million |
|
AAEON Technology Inc
TW:6579
|
$648.65 Million |
|
ITE Tech Inc
TW:3014
|
$648.65 Million |
|
Tsakos Energy Navigation Limited
F:TK41
|
$648.35 Million |
|
Shandong Liancheng Precision Manufacturing Co Ltd Class A
SHE:002921
|
$648.30 Million |
|
Shenzhen Longli Technology Co Ltd Class A
SHE:300752
|
$648.00 Million |
|
Zhuhai Rundu Pharmaceutical Co Ltd Class A
SHE:002923
|
$647.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SK Discovery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,941,515,820,420 to 2,815,755,322,480, a change of -125,760,497,940 (-4.3%).
- Net income of 25,194,409,570 contributed positively to equity growth.
- Dividend payments of 65,268,398,500 reduced retained earnings.
- Share repurchases of 19,999,660,150 reduced equity.
- Other factors decreased equity by 65,686,848,860.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩25.19 Billion | +0.89% |
| Dividends Paid | ₩65.27 Billion | -2.32% |
| Share Repurchases | ₩20.00 Billion | -0.71% |
| Other Changes | ₩-65.69 Billion | -2.33% |
| Total Change | ₩- | -4.28% |
Book Value vs Market Value Analysis
This analysis compares SK Discovery Co Ltd'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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩206625.18 | ₩55900.00 | x |
| 2018-12-31 | ₩76186.87 | ₩55900.00 | x |
| 2019-12-31 | ₩88441.52 | ₩55900.00 | x |
| 2020-12-31 | ₩102334.52 | ₩55900.00 | x |
| 2021-12-31 | ₩131159.14 | ₩55900.00 | x |
| 2022-12-31 | ₩153209.15 | ₩55900.00 | x |
| 2023-12-31 | ₩159867.44 | ₩55900.00 | x |
| 2024-12-31 | ₩158994.93 | ₩55900.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SK Discovery Co Ltd 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): 0.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.28%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 5.35x
- Recent ROE (0.89%) is below the historical average (9.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 3.64% | 1.13% | 0.30x | 10.85x | ₩-19.81 Billion |
| 2001 | 3.28% | 0.42% | 0.97x | 8.00x | ₩-25.03 Billion |
| 2003 | 1.49% | 0.22% | 0.86x | 7.87x | ₩-34.88 Billion |
| 2004 | 1.72% | 0.23% | 1.14x | 6.49x | ₩-39.45 Billion |
| 2005 | 13.47% | 1.40% | 1.32x | 7.30x | ₩14.87 Billion |
| 2006 | 5.62% | 0.51% | 1.38x | 7.97x | ₩-18.98 Billion |
| 2007 | 7.58% | 0.61% | 1.55x | 8.02x | ₩-11.93 Billion |
| 2008 | 0.62% | 0.09% | 1.10x | 6.51x | ₩-79.56 Billion |
| 2009 | 13.90% | 6.71% | 0.78x | 2.67x | ₩35.11 Billion |
| 2010 | 28.30% | 3.41% | 2.19x | 3.79x | ₩175.38 Billion |
| 2011 | 12.40% | 1.72% | 2.20x | 3.28x | ₩29.46 Billion |
| 2012 | 6.09% | 0.86% | 1.83x | 3.87x | ₩-50.51 Billion |
| 2013 | -2.43% | -0.37% | 1.70x | 3.82x | ₩-158.00 Billion |
| 2014 | -2.04% | -0.34% | 1.31x | 4.52x | ₩-147.87 Billion |
| 2015 | 3.74% | 1.05% | 0.80x | 4.45x | ₩-92.80 Billion |
| 2016 | 5.20% | 1.27% | 1.00x | 4.12x | ₩-76.31 Billion |
| 2017 | 66.92% | 10.66% | 1.34x | 4.68x | ₩611.64 Billion |
| 2018 | 4.88% | 1.02% | 1.44x | 3.32x | ₩-74.19 Billion |
| 2019 | 10.72% | 3.59% | 1.00x | 2.97x | ₩12.12 Billion |
| 2020 | 13.71% | 5.91% | 0.80x | 2.89x | ₩72.30 Billion |
| 2021 | 8.82% | 3.22% | 0.96x | 2.85x | ₩-28.43 Billion |
| 2022 | 15.16% | 4.90% | 0.74x | 4.18x | ₩145.53 Billion |
| 2023 | 6.49% | 2.14% | 0.73x | 4.16x | ₩-103.12 Billion |
| 2024 | 0.89% | 0.28% | 0.60x | 5.35x | ₩-256.38 Billion |
Industry Comparison
This section compares SK Discovery Co Ltd's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $4,154,388,809,469
- Average return on equity (ROE) among peers: 10.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SK Discovery Co Ltd (006120) | ₩6.60 Trillion | 3.64% | 1.34x | $648.37 Million |
| Hankook Shell Oil (002960) | $90.58 Billion | 29.72% | 0.27x | $448.42 Million |
| Mi Chang Oil (003650) | $277.13 Billion | 7.10% | 0.13x | $128.27 Million |
| SK Discovery Co Ltd (006125) | $5.95 Trillion | 7.18% | 0.98x | $35.81 Million |
| S-Oil Corp (010950) | $4.55 Trillion | 14.99% | 1.21x | $10.26 Billion |
| S-Oil Corp Pref (010955) | $6.50 Trillion | 1.01% | 1.51x | $159.69 Million |
| The LEADCORP Inc (012700) | $255.02 Billion | 16.01% | 2.06x | $66.09 Million |
| E1 Corporation (017940) | $1.32 Trillion | 5.93% | 1.71x | $424.34 Million |
| Sk Gas (018670) | $1.41 Trillion | 6.93% | 1.37x | $1.76 Billion |
| SK Innovation (096770) | $17.05 Trillion | 4.72% | 0.84x | $16.45 Billion |
About SK Discovery Co Ltd
SK Discovery Co., Ltd., through its subsidiaries, engages in environmental friendly materials, vaccines/pharmaceuticals, energy/chemicals, and real estate development businesses in South Korea and internationally. The company offers environmental friendly materials and healthcare solutions in the areas of treatment, prevention, and diagnosis to patients. It also engages in the storage of LPG; tan… Read more