S-Oil Corp

KO:010950 Korea Oil & Gas Refining & Marketing
Market Cap
$8.10 Billion
₩11.87 Trillion KRW
Market Cap Rank
#3779 Global
#73 in Korea
Share Price
₩105400.00
Change (1 day)
-2.41%
52-Week Range
₩50400.00 - ₩141300.00
All Time High
₩141300.00
Categories
Companies in Korea Oil & Gas Refining & Marketing
About

S-Oil Corporation, together with its subsidiaries, manufactures and sells oil refining, lube, and petrochemical products in South Korea. The company offers butane, propane, naphtha, benzene, toluene, xylene, para-xylene, jet fuel, diesel, kerosene, gasoline, propylene, asphalt, polypropylene, and propylene oxide. It also provides lube base oil and petro-chemical products; refined crude oil produc… Read more

S-Oil Corp (010950) - Net Assets

Latest net assets as of September 2025: ₩8.65 Trillion KRW

Based on the latest financial reports, S-Oil Corp (010950) has net assets worth ₩8.65 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 (₩24.99 Trillion) and total liabilities (₩16.34 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 ₩8.65 Trillion
% of Total Assets 34.6%
Annual Growth Rate 8.07%
5-Year Change 53.03%
10-Year Change 61.33%
Growth Volatility 18.39

S-Oil Corp - Net Assets Trend (2000–2024)

This chart illustrates how S-Oil Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for S-Oil Corp (2000–2024)

The table below shows the annual net assets of S-Oil Corp from 2000 to 2024.

Year Net Assets Change
2024-12-31 ₩8.70 Trillion -3.78%
2023-12-31 ₩9.04 Trillion +6.53%
2022-12-31 ₩8.48 Trillion +21.40%
2021-12-31 ₩6.99 Trillion +22.98%
2020-12-31 ₩5.68 Trillion -12.53%
2019-12-31 ₩6.50 Trillion +0.42%
2018-12-31 ₩6.47 Trillion -5.46%
2017-12-31 ₩6.84 Trillion +7.06%
2016-12-31 ₩6.39 Trillion +18.58%
2015-12-31 ₩5.39 Trillion +9.80%
2014-12-31 ₩4.91 Trillion -8.31%
2013-12-31 ₩5.35 Trillion -0.41%
2012-12-31 ₩5.38 Trillion +2.88%
2011-12-31 ₩5.23 Trillion +14.88%
2010-12-31 ₩4.55 Trillion +15.32%
2009-12-31 ₩3.94 Trillion +15.60%
2008-12-31 ₩3.41 Trillion -13.99%
2007-12-31 ₩3.97 Trillion +69.76%
2006-12-31 ₩2.34 Trillion -9.04%
2005-12-31 ₩2.57 Trillion +5.40%
2004-12-31 ₩2.44 Trillion +47.84%
2003-12-31 ₩1.65 Trillion +16.66%
2002-12-31 ₩1.41 Trillion +2.42%
2001-12-31 ₩1.38 Trillion +2.25%
2000-12-31 ₩1.35 Trillion --

Equity Component Analysis

This analysis shows how different components contribute to S-Oil Corp'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 703047000000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩7.03 Trillion 80.85%
Other Components ₩1.67 Trillion 19.15%
Total Equity ₩8.70 Trillion 100.00%

S-Oil Corp Competitors by Market Cap

The table below lists competitors of S-Oil Corp ranked by their market capitalization.

Company Market Cap
Golden Agri-Resources
PINK:GARPY
 		$3.21 Billion
Lundin Gold Inc
OTCQX:LUGDF
 		$3.22 Billion
CHINA VANKE CO.LTD H YC 1
F:18V
 		$3.22 Billion
Taiwan Business Bank
TW:2834
 		$3.22 Billion
NGK Insulators Ltd
PINK:NGKIF
 		$3.21 Billion
Caitong Securities Co Ltd
SHG:601108
 		$3.21 Billion
SECTRA AB
F:61L0
 		$3.21 Billion
Doximity Inc
NYSE:DOCS
 		$3.21 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,037,565,000,000 to 8,695,647,000,000, a change of -341,918,000,000 (-3.8%).
  • Net loss of 193,042,000,000 reduced equity.
  • Dividend payments of 189,275,000,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩-193.04 Billion -2.22%
Dividends Paid ₩189.28 Billion -2.18%
Other Changes ₩40.40 Billion +0.46%
Total Change ₩- -3.78%

Book Value vs Market Value Analysis

This analysis compares S-Oil Corp'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: 1.36x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 1.73x to 1.36x 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 ₩60778.56 ₩105400.00 x
2018-12-31 ₩57462.01 ₩105400.00 x
2019-12-31 ₩57705.32 ₩105400.00 x
2020-12-31 ₩50473.76 ₩105400.00 x
2021-12-31 ₩62070.25 ₩105400.00 x
2022-12-31 ₩75353.16 ₩105400.00 x
2023-12-31 ₩80274.83 ₩105400.00 x
2024-12-31 ₩77237.80 ₩105400.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently S-Oil Corp 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): -2.22%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.53%
  • • Asset Turnover: 1.50x
  • • Equity Multiplier: 2.81x
  • Recent ROE (-2.22%) is below the historical average (11.93%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 0.31% 0.05% 1.49x 4.04x ₩-130.76 Billion
2001 1.37% 0.24% 1.53x 3.76x ₩-119.10 Billion
2002 13.10% 2.49% 1.47x 3.58x ₩43.78 Billion
2003 15.29% 3.12% 1.67x 2.93x ₩87.18 Billion
2004 36.85% 8.29% 1.92x 2.31x ₩654.50 Billion
2005 24.33% 5.03% 2.03x 2.38x ₩368.18 Billion
2006 30.98% 4.89% 2.22x 2.85x ₩490.32 Billion
2007 18.14% 4.73% 1.61x 2.38x ₩322.70 Billion
2008 12.71% 1.87% 3.00x 2.27x ₩92.01 Billion
2009 5.66% 1.26% 1.93x 2.32x ₩-169.98 Billion
2010 15.07% 3.30% 2.06x 2.22x ₩229.45 Billion
2011 22.04% 3.61% 2.42x 2.53x ₩629.09 Billion
2012 10.52% 1.63% 2.78x 2.32x ₩28.17 Billion
2013 5.23% 0.90% 2.61x 2.23x ₩-255.40 Billion
2014 -5.86% -1.01% 2.78x 2.09x ₩-778.73 Billion
2015 11.73% 3.53% 1.66x 2.01x ₩93.34 Billion
2016 18.86% 7.38% 1.17x 2.18x ₩566.21 Billion
2017 18.22% 5.97% 1.38x 2.20x ₩562.23 Billion
2018 3.99% 1.01% 1.60x 2.47x ₩-388.89 Billion
2019 1.01% 0.27% 1.49x 2.51x ₩-584.23 Billion
2020 -14.01% -4.73% 1.07x 2.76x ₩-1.36 Trillion
2021 19.73% 5.02% 1.47x 2.68x ₩679.74 Billion
2022 24.81% 4.96% 2.16x 2.31x ₩1.26 Trillion
2023 10.50% 2.66% 1.66x 2.39x ₩45.09 Billion
2024 -2.22% -0.53% 1.50x 2.81x ₩-1.06 Trillion

Industry Comparison

This section compares S-Oil Corp's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.

Industry Context

  • Industry: Oil & Gas Refining & Marketing
  • Average net assets among peers: $4,934,570,976,560
  • Average return on equity (ROE) among peers: 8.33%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
S-Oil Corp (010950) ₩8.65 Trillion 0.31% 1.89x $3.21 Billion
Hankook Shell Oil (002960) $109.55 Billion 26.51% 0.51x $218.00 Million
Mi Chang Oil (003650) $247.93 Billion 5.03% 0.13x $49.26 Million
SK Discovery Co Ltd (006120) $2.32 Trillion 3.05% 1.07x $350.67 Million
The LEADCORP Inc (012700) $429.69 Billion 9.35% 2.14x $30.27 Million
E1 Corporation (017940) $1.25 Trillion 6.75% 1.77x $176.15 Million
Sk Gas (018670) $1.71 Trillion 9.95% 1.38x $355.45 Million
SK Innovation (096770) $7.67 Trillion 11.55% 2.25x $5.14 Billion
SK Innovation Co Ltd Pref (096775) $30.02 Trillion 0.85% 1.69x $3.27 Billion
Daesung Ind (128820) $654.40 Billion 1.93% 2.11x $103.47 Million