Samsung Heavy Industries (010140) - Net Assets
Based on the latest financial reports, Samsung Heavy Industries (010140) has net assets worth ₩4.10 Trillion KRW (≈ $2.78 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩14.95 Trillion ≈ $10.13 Billion USD) and total liabilities (₩10.85 Trillion ≈ $7.36 Billion 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 010140 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩4.10 Trillion |
| % of Total Assets | 27.39% |
| Annual Growth Rate | 3.68% |
| 5-Year Change | -0.05% |
| 10-Year Change | -34.74% |
| Growth Volatility | 18.82 |
Samsung Heavy Industries - Net Assets Trend (2000–2025)
This chart illustrates how Samsung Heavy Industries's net assets have evolved over time, based on quarterly financial data. See how many days can Samsung Heavy Industries fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Samsung Heavy Industries (2000–2025)
The table below shows the annual net assets of Samsung Heavy Industries from 2000 to 2025. For live valuation and market cap data, see market value of Samsung Heavy Industries.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩4.10 Trillion ≈ $2.78 Billion |
+9.22% |
| 2024-12-31 | ₩3.75 Trillion ≈ $2.54 Billion |
+9.98% |
| 2023-12-31 | ₩3.41 Trillion ≈ $2.31 Billion |
-4.56% |
| 2022-12-31 | ₩3.57 Trillion ≈ $2.42 Billion |
-12.82% |
| 2021-12-31 | ₩4.10 Trillion ≈ $2.78 Billion |
+10.19% |
| 2020-12-31 | ₩3.72 Trillion ≈ $2.52 Billion |
-29.16% |
| 2019-12-31 | ₩5.25 Trillion ≈ $3.56 Billion |
-22.20% |
| 2018-12-31 | ₩6.75 Trillion ≈ $4.57 Billion |
+16.37% |
| 2017-12-31 | ₩5.80 Trillion ≈ $3.93 Billion |
-7.61% |
| 2016-12-31 | ₩6.28 Trillion ≈ $4.25 Billion |
+47.11% |
| 2015-12-31 | ₩4.27 Trillion ≈ $2.89 Billion |
-23.46% |
| 2014-12-31 | ₩5.57 Trillion ≈ $3.78 Billion |
-4.66% |
| 2013-12-31 | ₩5.85 Trillion ≈ $3.96 Billion |
+10.65% |
| 2012-12-31 | ₩5.28 Trillion ≈ $3.58 Billion |
+13.76% |
| 2011-12-31 | ₩4.64 Trillion ≈ $3.15 Billion |
+21.69% |
| 2010-12-31 | ₩3.82 Trillion ≈ $2.59 Billion |
+34.35% |
| 2009-12-31 | ₩2.84 Trillion ≈ $1.93 Billion |
+23.25% |
| 2008-12-31 | ₩2.30 Trillion ≈ $1.56 Billion |
+27.26% |
| 2007-12-31 | ₩1.81 Trillion ≈ $1.23 Billion |
-18.41% |
| 2006-12-31 | ₩2.22 Trillion ≈ $1.50 Billion |
+15.35% |
| 2005-12-31 | ₩1.92 Trillion ≈ $1.30 Billion |
-18.69% |
| 2004-12-31 | ₩2.37 Trillion ≈ $1.60 Billion |
+19.14% |
| 2003-12-31 | ₩1.99 Trillion ≈ $1.35 Billion |
+7.12% |
| 2002-12-31 | ₩1.85 Trillion ≈ $1.26 Billion |
+8.11% |
| 2001-12-31 | ₩1.72 Trillion ≈ $1.16 Billion |
+3.49% |
| 2000-12-31 | ₩1.66 Trillion ≈ $1.12 Billion |
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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 160284516694000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩5.75 Trillion | 138.63% |
| Total Equity | ₩4.15 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 Innotek Co Ltd
KO:011070
|
$16.04 Billion |
|
Powszechny Zaklad Ubezpieczen SA
WAR:PZU
|
$16.05 Billion |
|
IDEX Corporation
NYSE:IEX
|
$16.05 Billion |
|
Formosa Petrochemical Corp
TW:6505
|
$16.06 Billion |
|
Fabrinet
NYSE:FN
|
$16.02 Billion |
|
VAT Group AG
SW:VACN
|
$15.99 Billion |
|
Sartorius Stedim Biotech SA
PA:DIM
|
$15.98 Billion |
|
Tractor Supply Company
NASDAQ:TSCO
|
$15.98 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 2024 to 2025, total equity changed from 3,794,592,947,050 to 4,148,939,309,640, a change of 354,346,362,590 (9.3%).
- Net income of 545,539,601,780 contributed positively to equity growth.
- Dividend payments of 1,083,416,190 reduced retained earnings.
- Other factors decreased equity by 190,109,823,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩545.54 Billion | +13.15% |
| Dividends Paid | ₩1.08 Billion | -0.03% |
| Other Changes | ₩-190.11 Billion | -4.58% |
| Total Change | ₩- | 9.34% |
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: 5.70x
- 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 1.95x to 5.70x 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 | ₩27700.00 | x |
| 2018-12-31 | ₩11155.62 | ₩27700.00 | x |
| 2019-12-31 | ₩8683.66 | ₩27700.00 | x |
| 2020-12-31 | ₩6165.56 | ₩27700.00 | x |
| 2021-12-31 | ₩4813.67 | ₩27700.00 | x |
| 2022-12-31 | ₩4208.26 | ₩27700.00 | x |
| 2023-12-31 | ₩4026.63 | ₩27700.00 | x |
| 2024-12-31 | ₩4442.53 | ₩27700.00 | x |
| 2025-12-31 | ₩4857.39 | ₩27700.00 | 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): 13.15%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.12%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 3.60x
- Recent ROE (13.15%) is above the historical average (1.13%), 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 |
| 2025 | 13.15% | 5.12% | 0.71x | 3.60x | ₩130.65 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: $1,514,084,594,932
- Average return on equity (ROE) among peers: 5.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Samsung Heavy Industries (010140) | ₩4.10 Trillion | 3.19% | 2.65x | $16.03 Billion |
| SNT Dynamics Co Ltd (003570) | $597.45 Billion | 1.40% | 0.39x | $661.37 Million |
| Korea Shipbuilding & Offshore Engineering Co Ltd (009540) | $2.78 Trillion | 0.00% | 2.40x | $20.18 Billion |
| Firstec (010820) | $49.67 Billion | 1.51% | 0.92x | $249.30 Million |
| Hanwha Aerospace Co Ltd (012450) | $644.34 Billion | 3.62% | 2.35x | $34.87 Billion |
| Hanwha Ocean Co., Ltd (042660) | $1.27 Trillion | 20.40% | 1.83x | $25.98 Billion |
| Korea Aerospace Industries (047810) | $1.45 Trillion | 8.15% | 4.35x | $10.04 Billion |
| LIG Nex1 Co Ltd (079550) | $577.08 Billion | 14.39% | 2.04x | $13.09 Billion |
| Hanwha Systems Co Ltd (272210) | $968.44 Billion | 7.53% | 1.49x | $12.18 Billion |
| Hyundai Heavy Industries Co Ltd (329180) | $5.29 Trillion | -6.66% | 2.08x | $48.65 Billion |
About Samsung Heavy Industries
Samsung Heavy Industries Co., Ltd. engages in shipbuilding, offshore, and energy and infra businesses worldwide. The company offers shipbuilding products, including LNG carriers, LNG-FSRU, small LNG carriers/LNG bunkering vessels, VLEC ethane carriers, VLAC ammonia carriers, LCO2, container ships, crude oil tankers, shuttle tankers, arctic shuttle tankers, petroleum carriers/chemical carriers, an… Read more