Singsongholdin (006880) - Net Assets
Based on the latest financial reports, Singsongholdin (006880) has net assets worth ₩108.91 Billion KRW (≈ $73.80 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩274.53 Billion ≈ $186.04 Million USD) and total liabilities (₩165.62 Billion ≈ $112.24 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 tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩108.91 Billion |
| % of Total Assets | 39.67% |
| Annual Growth Rate | -3.01% |
| 5-Year Change | 14.3% |
| 10-Year Change | -25.65% |
| Growth Volatility | 9.05 |
Singsongholdin - Net Assets Trend (2013–2025)
This chart illustrates how Singsongholdin's net assets have evolved over time, based on quarterly financial data. See 006880 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Singsongholdin (2013–2025)
The table below shows the annual net assets of Singsongholdin from 2013 to 2025. For live valuation and market cap data, see market cap of Singsongholdin.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩108.91 Billion ≈ $73.80 Million |
+2.02% |
| 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 |
-- |
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 2751015672000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩27.51 Billion | 25.54% |
| Other Components | ₩80.20 Billion | 74.46% |
| Total Equity | ₩107.71 Billion | 100.00% |
Singsongholdin Competitors by Market Cap
The table below lists competitors of Singsongholdin ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Seowon
KO:021050
|
$39.12 Million |
|
Hung Chou Fiber Ind Co Ltd
TW:1413
|
$39.13 Million |
|
Gensource Potash Corporation
V:GSP
|
$39.13 Million |
|
Kinetiko Energy Ltd
AU:KKO
|
$39.13 Million |
|
Jubilee Enterprise Public Company Limited
BK:JUBILE
|
$39.11 Million |
|
Yotta Acquisition Corporation Common Stock
NASDAQ:YOTA
|
$39.11 Million |
|
Mondi PLC
LSE:MNDI
|
$39.11 Million |
|
CIFI Holdings (Group) Co. Ltd
F:6CI
|
$39.10 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 2024 to 2025, total equity changed from 105,677,097,010 to 107,709,859,710, a change of 2,032,762,700 (1.9%).
- Net income of 3,638,970,090 contributed positively to equity growth.
- Dividend payments of 1,294,764,120 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.64 Billion | +3.38% |
| Dividends Paid | ₩1.29 Billion | -1.2% |
| Other Changes | ₩-311.44 Million | -0.29% |
| Total Change | ₩- | 1.92% |
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: 0.54x
- 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 | ₩11762.20 | ₩5350.00 | x |
| 2018-12-31 | ₩10520.49 | ₩5350.00 | x |
| 2019-12-31 | ₩7608.70 | ₩5350.00 | x |
| 2020-12-31 | ₩8028.98 | ₩5350.00 | x |
| 2021-12-31 | ₩8714.80 | ₩5350.00 | x |
| 2022-12-31 | ₩8832.27 | ₩5350.00 | x |
| 2023-12-31 | ₩9512.85 | ₩5350.00 | x |
| 2024-12-31 | ₩9794.26 | ₩5350.00 | x |
| 2025-12-31 | ₩9982.65 | ₩5350.00 | 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): 3.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.94%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.55x
- Recent ROE (3.38%) is above the historical average (-1.90%), 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 |
| 2025 | 3.38% | 1.94% | 0.68x | 2.55x | ₩-7.13 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: $12,157,424,507,612
- Average return on equity (ROE) among peers: 1.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Singsongholdin (006880) | ₩108.91 Billion | 5.98% | 1.52x | $39.12 Million |
| Samyang Holdings (000070) | $1.66 Trillion | -1.97% | 0.56x | $300.40 Million |
| Doosan (000150) | $6.10 Trillion | 2.86% | 4.08x | $9.19 Billion |
| Doosan Pref Shs (000155) | $6.82 Trillion | 6.16% | 3.28x | $1.28 Billion |
| Doosan Co Ltd (000157) | $11.21 Trillion | -3.46% | 1.52x | $250.87 Million |
| Hanwha (000880) | $18.26 Trillion | 0.49% | 8.98x | $6.06 Billion |
| Hanwha Corp. Pfd. Series 1 (000885) | $21.05 Trillion | 4.28% | 8.61x | $5.70 Million |
| Hanwha Corp Preferred (00088K) | $21.05 Trillion | 4.28% | 8.61x | $591.85 Million |
| CJ Corp (001040) | $5.69 Trillion | 2.80% | 1.26x | $3.36 Billion |
| Cj Corp Pref (001045) | $11.99 Trillion | 3.87% | 1.45x | $116.66 Million |
| CJ Corp 4P Pref (00104K) | $17.75 Trillion | 0.57% | 1.68x | $480.27 Million |
About 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