Shinwon Net Assets
Shinwon net assets. 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. Also explore Shinwon (009270) net asset momentum to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Shinwon (2000–2024)
Net assets of Shinwon from 2000 to 2024. This chart illustrates how Shinwon's net assets have evolved over time, based on quarterly financial data. See Shinwon balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Shinwon (2000–2024)
The table below shows the annual net assets of Shinwon from 2000 to 2024. For live market cap and overall valuation, see Shinwon (009270) total market value.
| 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 |
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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.
Shinwon Net Assets Breakdown (December 2024)
Shinwon net assets breakdown by equity component as of 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 |
|---|---|
|
Mallcom (India) Limited
NSE:MALLCOM
|
$59.38 Million |
|
Ama Marine Public Company Limited
BK:AMA
|
$59.41 Million |
|
WeGrow AG
DU:ZN2
|
$59.41 Million |
|
Arthavest Tbk
JK:ARTA
|
$59.41 Million |
|
Ageagle Aerial Systems Inc
NYSE MKT:UAVS
|
$59.36 Million |
|
Aztek Teknoloji Urunleri Ticaret A.S.
IS:AZTEK
|
$59.35 Million |
|
Oriental Food Industries Hold
KLSE:7107
|
$59.35 Million |
|
Nebag ag
SW:NBEN
|
$59.33 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: 0.33x
- 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 | ₩1023.00 | x |
| 2018-12-31 | ₩2643.06 | ₩1023.00 | x |
| 2019-12-31 | ₩2597.78 | ₩1023.00 | x |
| 2020-12-31 | ₩2613.52 | ₩1023.00 | x |
| 2021-12-31 | ₩2840.10 | ₩1023.00 | x |
| 2022-12-31 | ₩2865.79 | ₩1023.00 | x |
| 2023-12-31 | ₩2881.44 | ₩1023.00 | x |
| 2024-12-31 | ₩3057.78 | ₩1023.00 | 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: $238,854,877,357
- Average return on equity (ROE) among peers: 5.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shinwon (009270) | ₩219.68 Billion | 14.49% | 2.10x | $59.36 Million |
| BYC Co. Ltd (001460) | $333.35 Billion | 7.34% | 0.52x | $143.08 Million |
| BYC Co Ltd (001465) | $534.92 Billion | 4.43% | 0.28x | $33.71 Million |
| Vivien Corp (002070) | $104.53 Billion | 0.00% | 0.49x | $6.89 Million |
| SG Corporation (004060) | $196.89 Billion | 3.39% | 0.70x | $26.89 Million |
| Kuk Dong (005320) | $42.99 Billion | 0.00% | 2.05x | $49.69 Million |
| Shinsung Tngsn (005390) | $265.00 Billion | 10.87% | 2.39x | $399.30 Million |
| Shinyoung Waco (005800) | $268.44 Billion | 4.25% | 0.13x | $79.90 Million |
| F&F Holdings Co. Ltd (007700) | $394.79 Billion | 27.65% | 0.26x | $350.29 Million |
| Pan-Pacific (007980) | $136.95 Billion | 7.04% | 2.88x | $49.28 Million |
| Willbes (008600) | $110.69 Billion | -7.73% | 1.66x | $116.83 Million |
About Shinwon
ShinWon Corporation produces and sells men's wear, women's wear, casual, sports, and accessories in South Korea. Its owned women's wear brands include Besti Belli, SI, VIKI, and ISABEY; and men's wear brands comprise SIEG, SIEG FAHRENHEIT, Vanhart Di Albazar, and MARKM. The company also exports its products to the United States and Europe. It operates stores, as well as sells through online porta… Read more