Shinwon (009270) - Net Assets

Latest as of September 2025: ₩219.68 Billion KRW ≈ $148.87 Million USD

Based on the latest financial reports, Shinwon (009270) has net assets worth ₩219.68 Billion KRW (≈ $148.87 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 (₩682.09 Billion ≈ $462.24 Million USD) and total liabilities (₩462.41 Billion ≈ $313.37 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 how resilient are Shinwon's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩219.68 Billion
% of Total Assets	32.21%
Annual Growth Rate	4.6%
5-Year Change	22.17%
10-Year Change	21.6%
Growth Volatility	21.04

Shinwon - Net Assets Trend (2000–2024)

This chart illustrates how Shinwon's net assets have evolved over time, based on quarterly financial data. Also explore Shinwon total assets for the complete picture of this company's asset base.

Annual Net Assets for Shinwon (2000–2024)

The table below shows the annual net assets of Shinwon from 2000 to 2024. For live valuation and market cap data, see Shinwon (009270) market capitalisation.

Year	Net Assets	Change
2024-12-31	₩226.78 Billion ≈ $153.68 Million	+6.08%
2023-12-31	₩213.79 Billion ≈ $144.88 Million	-5.20%
2022-12-31	₩225.51 Billion ≈ $152.82 Million	+6.63%
2021-12-31	₩211.49 Billion ≈ $143.32 Million	+13.94%
2020-12-31	₩185.62 Billion ≈ $125.79 Million	-7.92%
2019-12-31	₩201.59 Billion ≈ $136.61 Million	+10.19%
2018-12-31	₩182.94 Billion ≈ $123.98 Million	+8.16%
2017-12-31	₩169.15 Billion ≈ $114.63 Million	-6.54%
2016-12-31	₩180.99 Billion ≈ $122.65 Million	-2.95%
2015-12-31	₩186.50 Billion ≈ $126.39 Million	+5.10%
2014-12-31	₩177.45 Billion ≈ $120.26 Million	+2.18%
2013-12-31	₩173.67 Billion ≈ $117.69 Million	-4.95%
2012-12-31	₩182.70 Billion ≈ $123.81 Million	-5.80%
2011-12-31	₩193.96 Billion ≈ $131.44 Million	-2.28%
2010-12-31	₩198.47 Billion ≈ $134.50 Million	+33.24%
2009-12-31	₩148.96 Billion ≈ $100.95 Million	+23.35%
2008-12-31	₩120.76 Billion ≈ $81.84 Million	+26.37%
2007-12-31	₩95.56 Billion ≈ $64.76 Million	+28.53%
2006-12-31	₩74.35 Billion ≈ $50.38 Million	+24.40%
2005-12-31	₩59.76 Billion ≈ $40.50 Million	+53.36%
2004-12-31	₩38.97 Billion ≈ $26.41 Million	-32.82%
2003-12-31	₩58.01 Billion ≈ $39.31 Million	-5.69%
2002-12-31	₩61.50 Billion ≈ $41.68 Million	-42.61%
2001-12-31	₩107.17 Billion ≈ $72.63 Million	+39.17%
2000-12-31	₩77.01 Billion ≈ $52.19 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shinwon'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 13002871750000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩130.03 Billion	56.66%
Other Components	₩99.47 Billion	43.34%
Total Equity	₩229.49 Billion	100.00%

Shinwon Competitors by Market Cap

The table below lists competitors of Shinwon ranked by their market capitalization.

Company	Market Cap
Interlink Communication Public Company Limited BK:ILINK	$80.32 Million
Citius Oncology, Inc. NASDAQ:CTOR	$80.33 Million
OFX Group Ltd AU:OFX	$80.34 Million
Tacheng Real Estate Co Ltd TWO:6171	$80.34 Million
DTF Tax Free Income Closed Fund NYSE:DTF	$80.28 Million
XAC Automation TWO:5490	$80.27 Million
Financeira Alfa S.A. - Crédito Financiamento e Investimentos SA:CRIV3	$80.23 Million
Xchanging Solutions Limited NSE:XCHANGING	$80.23 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shinwon's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 219,238,257,020 to 229,493,753,340, a change of 10,255,496,320 (4.7%).
Net income of 6,306,362,470 contributed positively to equity growth.
Dividend payments of 5,259,672,020 reduced retained earnings.
Other factors increased equity by 9,208,805,870.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩6.31 Billion	+2.75%
Dividends Paid	₩5.26 Billion	-2.29%
Other Changes	₩9.21 Billion	+4.01%
Total Change	₩-	4.68%

Book Value vs Market Value Analysis

This analysis compares Shinwon'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: 0.45x
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	₩3021.93	₩1384.00	x
2018-12-31	₩2643.06	₩1384.00	x
2019-12-31	₩2597.78	₩1384.00	x
2020-12-31	₩2613.52	₩1384.00	x
2021-12-31	₩2840.10	₩1384.00	x
2022-12-31	₩2865.79	₩1384.00	x
2023-12-31	₩2881.44	₩1384.00	x
2024-12-31	₩3057.78	₩1384.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shinwon 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): 2.75%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.67%
• Asset Turnover: 1.49x
• Equity Multiplier: 2.74x
Recent ROE (2.75%) is below the historical average (6.97%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	14.49%	3.21%	1.12x	4.03x	₩4.81 Billion
2003	1.20%	0.16%	1.75x	4.18x	₩-5.11 Billion
2005	35.74%	6.34%	1.85x	3.04x	₩15.38 Billion
2006	13.72%	2.93%	1.99x	2.35x	₩2.77 Billion
2007	26.61%	7.69%	2.10x	1.65x	₩15.87 Billion
2008	24.45%	7.13%	2.12x	1.62x	₩17.45 Billion
2009	21.84%	7.32%	1.86x	1.61x	₩17.65 Billion
2010	3.20%	1.25%	1.51x	1.69x	₩-13.50 Billion
2011	0.23%	0.08%	1.30x	2.12x	₩-18.95 Billion
2013	-4.15%	-1.22%	1.37x	2.47x	₩-24.55 Billion
2014	1.95%	0.57%	1.42x	2.41x	₩-14.28 Billion
2015	3.57%	1.04%	1.48x	2.32x	₩-11.99 Billion
2016	-3.21%	-0.91%	1.48x	2.39x	₩-23.88 Billion
2017	-5.63%	-1.49%	1.52x	2.49x	₩-26.45 Billion
2018	-3.18%	-0.94%	1.51x	2.25x	₩-24.20 Billion
2019	0.71%	0.21%	1.67x	2.00x	₩-18.77 Billion
2020	-4.07%	-1.10%	1.71x	2.16x	₩-26.39 Billion
2021	5.61%	1.38%	1.75x	2.33x	₩-9.50 Billion
2022	7.84%	1.82%	1.95x	2.21x	₩-4.99 Billion
2023	2.70%	0.71%	1.53x	2.49x	₩-16.00 Billion
2024	2.75%	0.67%	1.49x	2.74x	₩-16.64 Billion

Industry Comparison

This section compares Shinwon's net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

Industry: Apparel Manufacturing
Average net assets among peers: $554,535,743,553
Average return on equity (ROE) among peers: 2.54%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shinwon (009270)	₩219.68 Billion	14.49%	2.10x	$80.31 Million
BYC Co. Ltd (001460)	$534.92 Billion	4.43%	0.28x	$212.41 Million
BYC Co Ltd (001465)	$549.41 Billion	3.35%	0.27x	$47.86 Million
Vivien Corp (002070)	$124.91 Billion	3.35%	0.23x	$327.51 Million
SG Corporation (004060)	$170.61 Billion	0.00%	0.52x	$65.59 Million
Kuk Dong (005320)	$27.63 Billion	0.00%	3.34x	$26.80 Million
Shinsung Tngsn (005390)	$207.88 Billion	2.77%	1.65x	$399.30 Million
Shinyoung Waco (005800)	$271.75 Billion	2.17%	0.12x	$91.98 Million
F&F Holdings Co. Ltd (007700)	$3.37 Trillion	3.17%	0.20x	$508.36 Million
Pan-Pacific (007980)	$161.11 Billion	1.50%	2.52x	$69.18 Million
Willbes (008600)	$127.25 Billion	4.65%	0.47x	$116.83 Million

About Shinwon

KO:009270 Korea Apparel Manufacturing

Market Cap

$80.31 Million

₩118.51 Billion KRW

Market Cap Rank

#20032 Global

#1147 in Korea

Share Price

₩1384.00

Change (1 day)

-0.07%

52-Week Range

₩1285.00 - ₩1953.00

All Time High

₩3435.33