Sajodongaone Co Ltd (008040) - Net Assets
Based on the latest financial reports, Sajodongaone Co Ltd (008040) has net assets worth ₩294.37 Billion KRW (≈ $199.49 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 (₩488.79 Billion ≈ $331.25 Million USD) and total liabilities (₩194.43 Billion ≈ $131.76 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 008040 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩294.37 Billion |
| % of Total Assets | 60.22% |
| Annual Growth Rate | 2.57% |
| 5-Year Change | 30.33% |
| 10-Year Change | 341.46% |
| Growth Volatility | 34.4 |
Sajodongaone Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Sajodongaone Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 008040 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Sajodongaone Co Ltd (2008–2024)
The table below shows the annual net assets of Sajodongaone Co Ltd from 2008 to 2024. For live valuation and market cap data, see Sajodongaone Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩270.72 Billion ≈ $183.47 Million |
+11.58% |
| 2023-12-31 | ₩242.63 Billion ≈ $164.43 Million |
+5.05% |
| 2022-12-31 | ₩230.97 Billion ≈ $156.53 Million |
+9.08% |
| 2021-12-31 | ₩211.75 Billion ≈ $143.50 Million |
+1.94% |
| 2020-12-31 | ₩207.72 Billion ≈ $140.77 Million |
+5.44% |
| 2019-12-31 | ₩197.00 Billion ≈ $133.51 Million |
+11.21% |
| 2018-12-31 | ₩177.15 Billion ≈ $120.05 Million |
+9.31% |
| 2017-12-31 | ₩162.06 Billion ≈ $109.82 Million |
+125.42% |
| 2016-12-31 | ₩71.89 Billion ≈ $48.72 Million |
+17.23% |
| 2015-12-31 | ₩61.32 Billion ≈ $41.56 Million |
-24.97% |
| 2014-12-31 | ₩81.74 Billion ≈ $55.39 Million |
-47.30% |
| 2013-12-31 | ₩155.09 Billion ≈ $105.10 Million |
-14.54% |
| 2012-12-31 | ₩181.48 Billion ≈ $122.98 Million |
-1.33% |
| 2011-12-31 | ₩183.92 Billion ≈ $124.64 Million |
+6.66% |
| 2010-12-31 | ₩172.44 Billion ≈ $116.86 Million |
+3.21% |
| 2009-12-31 | ₩167.08 Billion ≈ $113.23 Million |
-7.40% |
| 2008-12-31 | ₩180.43 Billion ≈ $122.28 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sajodongaone 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 5686922152000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩56.87 Billion | 21.01% |
| Other Components | ₩213.86 Billion | 78.99% |
| Total Equity | ₩270.72 Billion | 100.00% |
Sajodongaone Co Ltd Competitors by Market Cap
The table below lists competitors of Sajodongaone Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WooriNet Inc
KQ:115440
|
$99.54 Million |
|
Emeren Group Ltd
NYSE:SOL
|
$99.56 Million |
|
Hexa Tradex Limited
NSE:HEXATRADEX
|
$99.58 Million |
|
Cherry Hill Mortgage Investment Corp
NYSE:CHMI
|
$99.60 Million |
|
My Humble House Hospitality Management Consulting Co Ltd
TW:2739
|
$99.48 Million |
|
Anixa Biosciences Inc
NASDAQ:ANIX
|
$99.47 Million |
|
Manali Petrochemicals Limited
NSE:MANALIPETC
|
$99.39 Million |
|
C-Media Electronics
TWO:6237
|
$99.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sajodongaone Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 242,629,195,000 to 270,724,469,850, a change of 28,095,274,850 (11.6%).
- Net income of 24,261,791,030 contributed positively to equity growth.
- Dividend payments of 2,114,192,910 reduced retained earnings.
- Other factors increased equity by 5,947,676,730.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩24.26 Billion | +8.96% |
| Dividends Paid | ₩2.11 Billion | -0.78% |
| Other Changes | ₩5.95 Billion | +2.2% |
| Total Change | ₩- | 11.58% |
Book Value vs Market Value Analysis
This analysis compares Sajodongaone 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: 0.54x
- 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.
- The price-to-book ratio has decreased from 0.76x to 0.54x 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 | ₩1378.70 | ₩1042.00 | x |
| 2018-12-31 | ₩1509.11 | ₩1042.00 | x |
| 2019-12-31 | ₩1501.65 | ₩1042.00 | x |
| 2020-12-31 | ₩1583.19 | ₩1042.00 | x |
| 2021-12-31 | ₩1616.54 | ₩1042.00 | x |
| 2022-12-31 | ₩1638.74 | ₩1042.00 | x |
| 2023-12-31 | ₩1721.43 | ₩1042.00 | x |
| 2024-12-31 | ₩1920.76 | ₩1042.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sajodongaone 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): 8.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.58%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 1.68x
- Recent ROE (8.96%) is above the historical average (-8.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 2.13% | 0.63% | 0.96x | 3.50x | ₩-12.68 Billion |
| 2012 | 1.95% | 0.53% | 0.85x | 4.31x | ₩-13.47 Billion |
| 2013 | -8.07% | -1.80% | 0.88x | 5.08x | ₩-25.69 Billion |
| 2014 | -105.13% | -11.32% | 0.89x | 10.42x | ₩-80.21 Billion |
| 2015 | -66.60% | -6.74% | 0.91x | 10.85x | ₩-38.07 Billion |
| 2016 | 7.34% | 1.05% | 0.89x | 7.90x | ₩-1.57 Billion |
| 2017 | 18.01% | 7.41% | 0.81x | 3.01x | ₩13.03 Billion |
| 2018 | 8.92% | 3.76% | 0.90x | 2.63x | ₩-1.92 Billion |
| 2019 | 0.46% | 0.22% | 0.88x | 2.37x | ₩-18.76 Billion |
| 2020 | 4.62% | 2.42% | 0.89x | 2.15x | ₩-11.16 Billion |
| 2021 | 1.11% | 0.57% | 0.92x | 2.12x | ₩-18.82 Billion |
| 2022 | 0.45% | 0.16% | 1.31x | 2.09x | ₩-22.06 Billion |
| 2023 | 4.43% | 1.58% | 1.51x | 1.85x | ₩-13.52 Billion |
| 2024 | 8.96% | 3.58% | 1.49x | 1.68x | ₩-2.81 Billion |
Industry Comparison
This section compares Sajodongaone Co Ltd'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 |
|---|---|---|---|---|
| Sajodongaone Co Ltd (008040) | ₩294.37 Billion | 2.13% | 0.66x | $99.53 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 Sajodongaone Co Ltd
Sajodongaone Co.,Ltd. engages in manufacture and sale of wheat flour. The company manufactures and sells cotton; and engages in the flour milling and biological resources business, which includes poultry, pig, and fish farming. It also offers bakery and confectionery products, including organic wheat, bread, and snacks and cakes; well-being health products, such as buckwheat, wholewheat, and Kore… Read more