Sam Jung Pulp
Sam Jung Pulp Co.,Ltd. manufactures and sells toilet paper, sanitary paper, and other papers in South Korea. It offers tissue paper, beauty tissue, kitchen towels, wet tissue, hand towel, and mask. The company was founded in 1948 and is headquartered in PPyeongtaek-si, South Korea.
Sam Jung Pulp (009770) - Net Assets
Latest net assets as of September 2025: ₩283.80 Billion KRW
Based on the latest financial reports, Sam Jung Pulp (009770) has net assets worth ₩283.80 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩318.62 Billion) and total liabilities (₩34.82 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩283.80 Billion |
| % of Total Assets | 89.07% |
| Annual Growth Rate | 5.65% |
| 5-Year Change | 22.45% |
| 10-Year Change | 59.59% |
| Growth Volatility | 8.84 |
Sam Jung Pulp - Net Assets Trend (2011–2024)
This chart illustrates how Sam Jung Pulp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sam Jung Pulp (2011–2024)
The table below shows the annual net assets of Sam Jung Pulp from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩258.33 Billion | +15.71% |
| 2023-12-31 | ₩223.26 Billion | +4.82% |
| 2022-12-31 | ₩213.01 Billion | -1.44% |
| 2021-12-31 | ₩216.12 Billion | +2.44% |
| 2020-12-31 | ₩210.97 Billion | +14.27% |
| 2019-12-31 | ₩184.63 Billion | +2.37% |
| 2018-12-31 | ₩180.35 Billion | -1.67% |
| 2017-12-31 | ₩183.40 Billion | +3.15% |
| 2016-12-31 | ₩177.80 Billion | +9.84% |
| 2015-12-31 | ₩161.87 Billion | +28.03% |
| 2011-12-31 | ₩126.43 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sam Jung Pulp'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 22404170058000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩224.04 Billion | 86.73% |
| Other Components | ₩34.29 Billion | 13.27% |
| Total Equity | ₩258.33 Billion | 100.00% |
Sam Jung Pulp Competitors by Market Cap
The table below lists competitors of Sam Jung Pulp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zenith Minerals Ltd
AU:ZNC
|
$14.29 Million |
|
Rimfire Pacific Mining Ltd
AU:RIM
|
$14.30 Million |
|
413640
KQ:413640
|
$14.30 Million |
|
Lianhua Supermarket Holdings Co. Ltd
PINK:LHUAF
|
$14.30 Million |
|
Cheer Time Enterprise Co Ltd
TW:3229
|
$14.29 Million |
|
IGM BIOSCIENCES DL-01
F:1K0
|
$14.29 Million |
|
Matahari Putra Prima Tbk
JK:MPPA
|
$14.28 Million |
|
PYRAMID TECHNOPLAST ORD (BSE)
NSE:PYRAMID
|
$14.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sam Jung Pulp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 223,263,923,520 to 258,334,606,580, a change of 35,070,683,060 (15.7%).
- Net income of 37,954,518,630 contributed positively to equity growth.
- Dividend payments of 2,499,971,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩37.95 Billion | +14.69% |
| Dividends Paid | ₩2.50 Billion | -0.97% |
| Other Changes | ₩-383.86 Million | -0.15% |
| Total Change | ₩- | 15.71% |
Book Value vs Market Value Analysis
This analysis compares Sam Jung Pulp'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: 0.31x
- 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 0.44x to 0.31x 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 | ₩73361.63 | ₩32350.00 | x |
| 2018-12-31 | ₩72139.22 | ₩32350.00 | x |
| 2019-12-31 | ₩73850.97 | ₩32350.00 | x |
| 2020-12-31 | ₩84390.44 | ₩32350.00 | x |
| 2021-12-31 | ₩86448.85 | ₩32350.00 | x |
| 2022-12-31 | ₩85203.50 | ₩32350.00 | x |
| 2023-12-31 | ₩89306.61 | ₩32350.00 | x |
| 2024-12-31 | ₩103335.04 | ₩32350.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sam Jung Pulp 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): 14.69%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.16%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.16x
- Recent ROE (14.69%) is above the historical average (7.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 10.66% | 8.10% | 0.00x | 0.00x | ₩714.88 Million |
| 2011 | 13.35% | 10.30% | 1.02x | 1.28x | ₩4.24 Billion |
| 2015 | 4.90% | 5.22% | 0.80x | 1.18x | ₩-8.26 Billion |
| 2016 | 10.87% | 12.71% | 0.72x | 1.19x | ₩1.54 Billion |
| 2017 | 5.69% | 7.27% | 0.69x | 1.13x | ₩-7.91 Billion |
| 2018 | -0.10% | -0.13% | 0.67x | 1.12x | ₩-18.21 Billion |
| 2019 | 2.53% | 3.18% | 0.71x | 1.12x | ₩-13.79 Billion |
| 2020 | 12.73% | 18.35% | 0.63x | 1.10x | ₩5.76 Billion |
| 2021 | 3.52% | 5.51% | 0.58x | 1.11x | ₩-14.00 Billion |
| 2022 | -0.45% | -0.55% | 0.75x | 1.09x | ₩-22.26 Billion |
| 2023 | 5.87% | 7.35% | 0.73x | 1.10x | ₩-9.22 Billion |
| 2024 | 14.69% | 23.16% | 0.55x | 1.16x | ₩12.12 Billion |
Industry Comparison
This section compares Sam Jung Pulp's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $322,288,587,524
- Average return on equity (ROE) among peers: -2.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sam Jung Pulp (009770) | ₩283.80 Billion | 10.66% | 0.12x | $14.29 Million |
| Papercorea (001020) | $161.95 Billion | -15.04% | 2.12x | $10.80 Million |
| Asia Paper (002310) | $469.11 Billion | 4.10% | 0.53x | $99.62 Million |
| Hansol Holdings Co Ltd (004150) | $597.33 Billion | 8.04% | 0.21x | $67.38 Million |
| Kleannara (004540) | $63.58 Billion | 2.20% | 6.33x | $19.40 Million |
| Kleannara Co Ltd (004545) | $204.10 Billion | -0.74% | 1.54x | $41.23 Million |
| Young Poong Pa (006740) | $94.39 Billion | 5.82% | 0.29x | $14.07 Million |
| Moorim Paper (009200) | $724.75 Billion | 5.61% | 2.43x | $26.73 Million |
| Han Chang Pape (009460) | $37.12 Billion | -31.18% | 3.27x | $12.03 Million |
| Moorim P&P Co Ltd (009580) | $548.26 Billion | 2.42% | 1.22x | $33.76 Million |