Singsongholdin
Singsong Holdings Co.,Ltd., through its subsidiaries, produces and sells starch products in South Korea. The company manufactures and sales raw and food materials, and consumer products; and trades in staple crop, such as rice and soyabeans, and livestock. The company was formerly known as Shinsong Industrial Holdings Co., Ltd. and changed its name to Singsong Holdings Co.,Ltd. in May 2010. Sings… Read more
Singsongholdin (006880) - Net Assets
Latest net assets as of September 2025: ₩106.20 Billion KRW
Based on the latest financial reports, Singsongholdin (006880) has net assets worth ₩106.20 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 (₩266.92 Billion) and total liabilities (₩160.72 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 | ₩106.20 Billion |
| % of Total Assets | 39.79% |
| Annual Growth Rate | -3.46% |
| 5-Year Change | 17.87% |
| 10-Year Change | -33.29% |
| Growth Volatility | 9.34 |
Singsongholdin - Net Assets Trend (2013–2024)
This chart illustrates how Singsongholdin's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Singsongholdin (2013–2024)
The table below shows the annual net assets of Singsongholdin from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩106.75 Billion | +3.09% |
| 2023-12-31 | ₩103.55 Billion | +7.72% |
| 2022-12-31 | ₩96.13 Billion | +0.89% |
| 2021-12-31 | ₩95.28 Billion | +5.21% |
| 2020-12-31 | ₩90.57 Billion | -0.08% |
| 2019-12-31 | ₩90.64 Billion | -27.52% |
| 2018-12-31 | ₩125.05 Billion | -10.13% |
| 2017-12-31 | ₩139.15 Billion | -5.00% |
| 2016-12-31 | ₩146.48 Billion | -8.46% |
| 2015-12-31 | ₩160.01 Billion | +0.42% |
| 2014-12-31 | ₩159.35 Billion | +1.37% |
| 2013-12-31 | ₩157.20 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Singsongholdin'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 2520115533000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩25.20 Billion | 23.85% |
| Other Components | ₩80.48 Billion | 76.15% |
| Total Equity | ₩105.68 Billion | 100.00% |
Singsongholdin Competitors by Market Cap
The table below lists competitors of Singsongholdin ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bayu Buana Tbk
JK:BAYU
|
$21.86 Million |
|
Kokuyo Camlin Limited
NSE:KOKUYOCMLN
|
$21.86 Million |
|
TC Biopharm (Holdings) Plc
PINK:TCBWF
|
$21.87 Million |
|
Lustrum Minerals Limited
AU:LRM
|
$21.87 Million |
|
CALGRO M3 HLDGS RC-00001
F:5C2
|
$21.84 Million |
|
Strategic Resources Inc
PINK:SCCFF
|
$21.84 Million |
|
Janover Inc. Common Stock
NASDAQ:JNVR
|
$21.83 Million |
|
VistaGen Therapeutics Inc
NASDAQ:VTGN
|
$21.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Singsongholdin's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 102,640,860,710 to 105,677,097,010, a change of 3,036,236,300 (3.0%).
- Net income of 5,432,405,960 contributed positively to equity growth.
- Dividend payments of 1,294,764,120 reduced retained earnings.
- Other factors decreased equity by 1,101,405,540.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩5.43 Billion | +5.14% |
| Dividends Paid | ₩1.29 Billion | -1.23% |
| Other Changes | ₩-1.10 Billion | -1.04% |
| Total Change | ₩- | 2.96% |
Book Value vs Market Value Analysis
This analysis compares Singsongholdin'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: 0.73x
- 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 0.61x to 0.73x 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 | ₩11762.20 | ₩7180.00 | x |
| 2018-12-31 | ₩10520.49 | ₩7180.00 | x |
| 2019-12-31 | ₩7608.70 | ₩7180.00 | x |
| 2020-12-31 | ₩8028.98 | ₩7180.00 | x |
| 2021-12-31 | ₩8714.80 | ₩7180.00 | x |
| 2022-12-31 | ₩8832.27 | ₩7180.00 | x |
| 2023-12-31 | ₩9512.85 | ₩7180.00 | x |
| 2024-12-31 | ₩9794.26 | ₩7180.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Singsongholdin 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): 5.14%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.30%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.41x
- Recent ROE (5.14%) is above the historical average (-2.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 5.98% | 3.45% | 1.17x | 1.48x | ₩-6.31 Billion |
| 2014 | 2.19% | 1.48% | 0.99x | 1.49x | ₩-12.45 Billion |
| 2015 | 1.29% | 0.90% | 1.01x | 1.42x | ₩-13.94 Billion |
| 2016 | -8.46% | -5.99% | 0.84x | 1.68x | ₩-27.04 Billion |
| 2017 | -5.92% | -2.83% | 1.12x | 1.87x | ₩-22.16 Billion |
| 2018 | -11.18% | -8.51% | 0.80x | 1.65x | ₩-26.35 Billion |
| 2019 | -38.18% | -13.06% | 1.32x | 2.22x | ₩-43.36 Billion |
| 2020 | 3.04% | 1.33% | 1.23x | 1.87x | ₩-6.26 Billion |
| 2021 | 7.85% | 3.98% | 0.75x | 2.62x | ₩-2.03 Billion |
| 2022 | 1.57% | 0.72% | 0.86x | 2.54x | ₩-8.03 Billion |
| 2023 | 8.54% | 4.53% | 0.80x | 2.37x | ₩-1.49 Billion |
| 2024 | 5.14% | 3.30% | 0.65x | 2.41x | ₩-5.14 Billion |
Industry Comparison
This section compares Singsongholdin's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $5,885,751,880,295
- Average return on equity (ROE) among peers: 1.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Singsongholdin (006880) | ₩106.20 Billion | 5.98% | 1.51x | $21.85 Million |
| Doosan (000150) | $3.17 Trillion | 2.32% | 4.42x | $7.78 Billion |
| Doosan Pref Shs (000155) | $7.71 Trillion | -7.18% | 2.91x | $3.91 Billion |
| Doosan Co Ltd (000157) | $7.15 Trillion | -1.64% | 3.04x | $833.50 Million |
| Hanwha Corp. Pfd. Series 1 (000885) | $13.65 Trillion | -2.09% | 9.67x | $738.15 Million |
| Hanwha Corp Preferred (00088K) | $14.23 Trillion | 3.46% | 9.88x | $892.93 Million |
| Cj Corp Pref (001045) | $9.86 Trillion | 2.09% | 1.39x | $914.06 Million |
| LX International Corp (001120) | $654.45 Billion | 14.28% | 3.82x | $773.58 Million |
| Kg Chemical (001390) | $192.43 Billion | 3.19% | 1.23x | $130.84 Million |
| SK Networks Co Ltd (001740) | $2.25 Trillion | 1.54% | 2.91x | $348.44 Million |
| Hanchang (005110) | $3.47 Billion | 0.00% | 16.09x | $12.60 Million |