S-Oil Corp Pref
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 Pref (010955) - Net Assets
Latest net assets as of September 2025: ₩8.65 Trillion KRW
Based on the latest financial reports, S-Oil Corp Pref (010955) 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 | 5.88% |
| 5-Year Change | 53.03% |
| 10-Year Change | 61.33% |
| Growth Volatility | 11.4 |
S-Oil Corp Pref - Net Assets Trend (2014–2024)
This chart illustrates how S-Oil Corp Pref'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 Pref (2014–2024)
The table below shows the annual net assets of S-Oil Corp Pref from 2014 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 | -- |
Equity Component Analysis
This analysis shows how different components contribute to S-Oil Corp Pref'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 208.7% 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 Pref Competitors by Market Cap
The table below lists competitors of S-Oil Corp Pref ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sunstone Hotel Investors Inc
NYSE:SHO
|
$1.69 Billion |
|
Sinofibers Technology Co Ltd
SHE:300777
|
$1.69 Billion |
|
Atkore International Group Inc
NYSE:ATKR
|
$1.69 Billion |
|
SilverCrest Metals Inc
NYSE MKT:SILV
|
$1.69 Billion |
|
Hunan Changyuan Lico Co Ltd
SHG:688779
|
$1.69 Billion |
|
DB HiTek Co Ltd
KO:000990
|
$1.69 Billion |
|
Beijing TRS Information Tech
SHE:300229
|
$1.69 Billion |
|
Vietnam JSCmmercial Bank for Industry and Trade
VN:CTG
|
$1.69 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in S-Oil Corp Pref'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 Pref'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: 0.72x
- 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 0.91x to 0.72x 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 | ₩55500.00 | x |
| 2018-12-31 | ₩57462.01 | ₩55500.00 | x |
| 2019-12-31 | ₩57705.32 | ₩55500.00 | x |
| 2020-12-31 | ₩50473.76 | ₩55500.00 | x |
| 2021-12-31 | ₩62070.25 | ₩55500.00 | x |
| 2022-12-31 | ₩75353.16 | ₩55500.00 | x |
| 2023-12-31 | ₩80274.83 | ₩55500.00 | x |
| 2024-12-31 | ₩77237.80 | ₩55500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently S-Oil Corp Pref 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 (7.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -5.88% | -1.01% | 2.78x | 2.09x | ₩-777.72 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 Pref'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: $5,266,981,837,805
- Average return on equity (ROE) among peers: 15.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| S-Oil Corp Pref (010955) | ₩8.65 Trillion | -5.88% | 1.89x | $1.69 Billion |
| Hankook Shell Oil (002960) | $96.85 Billion | 32.23% | 0.31x | $203.66 Million |
| Mi Chang Oil (003650) | $148.28 Billion | 14.10% | 0.31x | $49.26 Million |
| SK Discovery Co Ltd (006125) | $2.01 Trillion | -1.25% | 1.77x | $251.83 Million |
| The LEADCORP Inc (012700) | $420.31 Billion | 2.13% | 1.19x | $30.36 Million |
| E1 Corporation (017940) | $1.70 Trillion | 12.55% | 1.71x | $180.16 Million |
| Sk Gas (018670) | $2.34 Trillion | 10.98% | 1.49x | $356.22 Million |
| SK Innovation (096770) | $17.05 Trillion | 4.72% | 0.84x | $5.37 Billion |
| SK Innovation Co Ltd Pref (096775) | $23.24 Trillion | 6.75% | 1.89x | $3.37 Billion |
| Daesung Ind (128820) | $403.60 Billion | 57.13% | 1.76x | $103.47 Million |