Singsongholdin (006880) - Net Assets

Latest as of September 2025: ₩106.20 Billion KRW ≈ $71.97 Million USD

Based on the latest financial reports, Singsongholdin (006880) has net assets worth ₩106.20 Billion KRW (≈ $71.97 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 (₩266.92 Billion ≈ $180.89 Million USD) and total liabilities (₩160.72 Billion ≈ $108.92 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 Singsongholdin asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 006880 total assets for the complete picture of this company's asset base.

Annual Net Assets for Singsongholdin (2013–2024)

The table below shows the annual net assets of Singsongholdin from 2013 to 2024. For live valuation and market cap data, see market cap of Singsongholdin.

Year Net Assets Change
2024-12-31 ₩106.75 Billion
≈ $72.34 Million
+3.09%
2023-12-31 ₩103.55 Billion
≈ $70.18 Million
+7.72%
2022-12-31 ₩96.13 Billion
≈ $65.15 Million
+0.89%
2021-12-31 ₩95.28 Billion
≈ $64.57 Million
+5.21%
2020-12-31 ₩90.57 Billion
≈ $61.38 Million
-0.08%
2019-12-31 ₩90.64 Billion
≈ $61.43 Million
-27.52%
2018-12-31 ₩125.05 Billion
≈ $84.75 Million
-10.13%
2017-12-31 ₩139.15 Billion
≈ $94.30 Million
-5.00%
2016-12-31 ₩146.48 Billion
≈ $99.27 Million
-8.46%
2015-12-31 ₩160.01 Billion
≈ $108.44 Million
+0.42%
2014-12-31 ₩159.35 Billion
≈ $107.99 Million
+1.37%
2013-12-31 ₩157.20 Billion
≈ $106.53 Million
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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
Iris Business Services Limited
NSE:IRIS
$53.46 Million
Shenzhen CAU Technology Co Ltd
SHE:000004
$53.47 Million
C3 Metals Inc
V:CCCM
$53.47 Million
Guler Yatirim Holding AS
IS:GLRYH
$53.49 Million
The Ugar Sugar Works Limited
NSE:UGARSUGAR
$53.45 Million
BE Group AB
ST:BEGR
$53.44 Million
Awanbiru Technology Bhd
KLSE:5204
$53.44 Million
Land Securities Group PLC
LSE:LAND
$53.43 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: 0.75x
  • 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 0.62x to 0.75x 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 ₩7310.00 x
2018-12-31 ₩10520.49 ₩7310.00 x
2019-12-31 ₩7608.70 ₩7310.00 x
2020-12-31 ₩8028.98 ₩7310.00 x
2021-12-31 ₩8714.80 ₩7310.00 x
2022-12-31 ₩8832.27 ₩7310.00 x
2023-12-31 ₩9512.85 ₩7310.00 x
2024-12-31 ₩9794.26 ₩7310.00 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: $12,982,537,641,815
  • Average return on equity (ROE) among peers: 2.57%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Singsongholdin (006880) ₩106.20 Billion 5.98% 1.51x $53.45 Million
Samyang Holdings (000070) $3.00 Trillion 0.94% 0.76x $317.93 Million
Doosan (000150) $6.82 Trillion 6.16% 3.28x $9.19 Billion
Doosan Pref Shs (000155) $7.60 Trillion 0.53% 2.78x $1.50 Billion
Doosan Co Ltd (000157) $7.90 Trillion 2.49% 2.63x $323.04 Million
Hanwha (000880) $4.62 Trillion 5.91% 10.91x $6.27 Billion
Hanwha Corp. Pfd. Series 1 (000885) $33.18 Trillion 3.54% 4.94x $5.70 Million
Hanwha Corp Preferred (00088K) $16.95 Trillion 2.76% 9.00x $657.61 Million
CJ Corp (001040) $17.89 Trillion 1.09% 1.64x $4.12 Billion
Cj Corp Pref  (001045) $16.46 Trillion 1.67% 1.55x $137.94 Million
CJ Corp 4P Pref  (00104K) $15.40 Trillion 0.56% 1.60x $548.23 Million

About Singsongholdin

KO:006880 Korea Conglomerates
Market Cap
$53.45 Million
₩78.87 Billion KRW
Market Cap Rank
#21648 Global
#1403 in Korea
Share Price
₩7310.00
Change (1 day)
+3.39%
52-Week Range
₩6490.00 - ₩8430.00
All Time High
₩17741.56
About

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