Samsung Heavy Industries
Samsung Heavy Industries Co., Ltd. engages in the shipbuilding, offshore, and energy and infra businesses worldwide. The company's shipbuilding products include crude oil tankers; wind turbine installation vessels; petroleum/chemical carrier; arctic shuttle tankers; container ships; liquefied natural gas (LNG) carriers; LNG floating storage regasification units; LNG bunkering vessel; very large e… Read more
Samsung Heavy Industries (010140) - Net Assets
Latest net assets as of September 2025: ₩3.95 Trillion KRW
Based on the latest financial reports, Samsung Heavy Industries (010140) has net assets worth ₩3.95 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩14.54 Trillion) and total liabilities (₩10.59 Trillion). 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 | ₩3.95 Trillion |
| % of Total Assets | 27.14% |
| Annual Growth Rate | 3.46% |
| 5-Year Change | 0.84% |
| 10-Year Change | -12.1% |
| Growth Volatility | 19.19 |
Samsung Heavy Industries - Net Assets Trend (2000–2024)
This chart illustrates how Samsung Heavy Industries's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Samsung Heavy Industries (2000–2024)
The table below shows the annual net assets of Samsung Heavy Industries from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩3.75 Trillion | +9.98% |
| 2023-12-31 | ₩3.41 Trillion | -4.56% |
| 2022-12-31 | ₩3.57 Trillion | -12.82% |
| 2021-12-31 | ₩4.10 Trillion | +10.19% |
| 2020-12-31 | ₩3.72 Trillion | -29.16% |
| 2019-12-31 | ₩5.25 Trillion | -22.20% |
| 2018-12-31 | ₩6.75 Trillion | +16.37% |
| 2017-12-31 | ₩5.80 Trillion | -7.61% |
| 2016-12-31 | ₩6.28 Trillion | +47.11% |
| 2015-12-31 | ₩4.27 Trillion | -23.46% |
| 2014-12-31 | ₩5.57 Trillion | -4.66% |
| 2013-12-31 | ₩5.85 Trillion | +10.65% |
| 2012-12-31 | ₩5.28 Trillion | +13.76% |
| 2011-12-31 | ₩4.64 Trillion | +21.69% |
| 2010-12-31 | ₩3.82 Trillion | +34.35% |
| 2009-12-31 | ₩2.84 Trillion | +23.25% |
| 2008-12-31 | ₩2.30 Trillion | +27.26% |
| 2007-12-31 | ₩1.81 Trillion | -18.41% |
| 2006-12-31 | ₩2.22 Trillion | +15.35% |
| 2005-12-31 | ₩1.92 Trillion | -18.69% |
| 2004-12-31 | ₩2.37 Trillion | +19.14% |
| 2003-12-31 | ₩1.99 Trillion | +7.12% |
| 2002-12-31 | ₩1.85 Trillion | +8.11% |
| 2001-12-31 | ₩1.72 Trillion | +3.49% |
| 2000-12-31 | ₩1.66 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Samsung Heavy Industries'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 decreased by 213602713148000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩5.93 Trillion | 156.29% |
| Total Equity | ₩3.79 Trillion | 100.00% |
Samsung Heavy Industries Competitors by Market Cap
The table below lists competitors of Samsung Heavy Industries ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LG Energy Solution Ltd
KO:373220
|
$12.26 Billion |
|
Sonova H Ag
SW:SOON
|
$12.29 Billion |
|
Iflytek Co Ltd
SHE:002230
|
$12.29 Billion |
|
Sun Hung Kai Properties Ltd
PINK:SUHJY
|
$12.29 Billion |
|
DT Midstream Inc
NYSE:DTM
|
$12.24 Billion |
|
Dick’s Sporting Goods Inc
NYSE:DKS
|
$12.24 Billion |
|
Moncler SpA
LSE:0QII
|
$12.21 Billion |
|
CRRC Corp Ltd Class A
SHG:601766
|
$12.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Samsung Heavy Industries's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,439,345,000,310 to 3,794,592,947,050, a change of 355,247,946,740 (10.3%).
- Net income of 63,876,253,550 contributed positively to equity growth.
- Other factors increased equity by 291,371,693,190.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩63.88 Billion | +1.68% |
| Other Changes | ₩291.37 Billion | +7.68% |
| Total Change | ₩- | 10.33% |
Book Value vs Market Value Analysis
This analysis compares Samsung Heavy Industries'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: 6.56x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.05x to 6.56x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩14200.57 | ₩29150.00 | x |
| 2018-12-31 | ₩11155.62 | ₩29150.00 | x |
| 2019-12-31 | ₩8683.66 | ₩29150.00 | x |
| 2020-12-31 | ₩6165.56 | ₩29150.00 | x |
| 2021-12-31 | ₩4813.67 | ₩29150.00 | x |
| 2022-12-31 | ₩4208.26 | ₩29150.00 | x |
| 2023-12-31 | ₩4026.63 | ₩29150.00 | x |
| 2024-12-31 | ₩4442.53 | ₩29150.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Samsung Heavy Industries 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): 1.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.65%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 4.53x
- Recent ROE (1.68%) is above the historical average (0.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 3.19% | 1.33% | 0.82x | 2.92x | ₩-116.86 Billion |
| 2002 | 5.76% | 2.51% | 0.90x | 2.56x | ₩-78.54 Billion |
| 2003 | 7.57% | 3.62% | 0.75x | 2.79x | ₩-48.22 Billion |
| 2004 | 2.21% | 1.12% | 0.62x | 3.16x | ₩-184.44 Billion |
| 2005 | 3.80% | 1.32% | 0.81x | 3.56x | ₩-119.33 Billion |
| 2006 | 6.96% | 2.43% | 0.70x | 4.08x | ₩-67.56 Billion |
| 2007 | 26.79% | 5.70% | 0.79x | 5.92x | ₩304.02 Billion |
| 2008 | 25.89% | 5.58% | 0.40x | 11.54x | ₩366.11 Billion |
| 2009 | 24.69% | 5.33% | 0.64x | 7.26x | ₩417.32 Billion |
| 2010 | 23.27% | 6.78% | 0.71x | 4.81x | ₩506.31 Billion |
| 2011 | 18.32% | 6.35% | 0.82x | 3.53x | ₩386.42 Billion |
| 2012 | 15.07% | 5.49% | 0.87x | 3.15x | ₩267.71 Billion |
| 2013 | 10.81% | 4.26% | 0.85x | 2.98x | ₩47.28 Billion |
| 2014 | 2.69% | 1.16% | 0.75x | 3.09x | ₩-404.61 Billion |
| 2015 | -28.45% | -12.41% | 0.56x | 4.08x | ₩-1.63 Trillion |
| 2016 | -1.94% | -1.16% | 0.60x | 2.75x | ₩-747.66 Billion |
| 2017 | -5.85% | -4.29% | 0.57x | 2.39x | ₩-917.74 Billion |
| 2018 | -5.76% | -7.37% | 0.37x | 2.12x | ₩-1.06 Trillion |
| 2019 | -24.99% | -17.84% | 0.54x | 2.59x | ₩-1.84 Trillion |
| 2020 | -39.81% | -21.61% | 0.53x | 3.47x | ₩-1.85 Trillion |
| 2021 | -35.15% | -21.82% | 0.55x | 2.95x | ₩-1.86 Trillion |
| 2022 | -17.23% | -10.42% | 0.41x | 4.03x | ₩-978.89 Billion |
| 2023 | -4.31% | -1.85% | 0.51x | 4.53x | ₩-492.21 Billion |
| 2024 | 1.68% | 0.65% | 0.58x | 4.53x | ₩-315.58 Billion |
Industry Comparison
This section compares Samsung Heavy Industries's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $2,283,835,768,244
- Average return on equity (ROE) among peers: 7.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Samsung Heavy Industries (010140) | ₩3.95 Trillion | 3.19% | 2.69x | $12.25 Billion |
| SNT Dynamics Co Ltd (003570) | $770.53 Billion | 6.94% | 0.53x | $326.62 Million |
| Korea Shipbuilding & Offshore Engineering Co Ltd (009540) | $3.51 Trillion | 3.93% | 2.90x | $13.16 Billion |
| Firstec (010820) | $68.65 Billion | 3.77% | 0.92x | $133.88 Million |
| Hanwha Aerospace Co Ltd (012450) | $2.64 Trillion | 1.23% | 1.81x | $22.01 Billion |
| Hanwha Ocean Co., Ltd (042660) | $3.89 Trillion | 19.61% | 2.93x | $11.69 Billion |
| Korea Aerospace Industries (047810) | $845.57 Billion | 8.68% | 1.08x | $7.66 Billion |
| LIG Nex1 Co Ltd (079550) | $1.05 Trillion | 16.63% | 2.63x | $6.45 Billion |
| Hanwha Systems Co Ltd (272210) | $2.42 Trillion | 18.80% | 1.37x | $6.94 Billion |
| Hyundai Heavy Industries Co Ltd (329180) | $5.36 Trillion | -8.05% | 1.57x | $10.96 Billion |