S-1 Corp (012750) - Net Assets
Based on the latest financial reports, S-1 Corp (012750) has net assets worth ₩1.71 Trillion KRW (≈ $1.16 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩2.38 Trillion ≈ $1.61 Billion USD) and total liabilities (₩668.35 Billion ≈ $452.93 Million 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 S-1 Corp liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.71 Trillion |
| % of Total Assets | 71.91% |
| Annual Growth Rate | 7.79% |
| 5-Year Change | 19.97% |
| 10-Year Change | 69.39% |
| Growth Volatility | 5.68 |
S-1 Corp - Net Assets Trend (2001–2024)
This chart illustrates how S-1 Corp's net assets have evolved over time, based on quarterly financial data. Also explore total assets of S-1 Corp for the complete picture of this company's asset base.
Annual Net Assets for S-1 Corp (2001–2024)
The table below shows the annual net assets of S-1 Corp from 2001 to 2024. For live valuation and market cap data, see S-1 Corp (012750) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.66 Trillion ≈ $1.13 Billion |
+3.93% |
| 2023-12-31 | ₩1.60 Trillion ≈ $1.08 Billion |
+4.92% |
| 2022-12-31 | ₩1.52 Trillion ≈ $1.03 Billion |
+5.55% |
| 2021-12-31 | ₩1.44 Trillion ≈ $977.83 Million |
+4.24% |
| 2020-12-31 | ₩1.38 Trillion ≈ $938.04 Million |
+4.26% |
| 2019-12-31 | ₩1.33 Trillion ≈ $899.70 Million |
+5.17% |
| 2018-12-31 | ₩1.26 Trillion ≈ $855.45 Million |
+4.51% |
| 2017-12-31 | ₩1.21 Trillion ≈ $818.53 Million |
+9.81% |
| 2016-12-31 | ₩1.10 Trillion ≈ $745.42 Million |
+12.20% |
| 2015-12-31 | ₩980.36 Billion ≈ $664.37 Million |
+5.61% |
| 2014-12-31 | ₩928.29 Billion ≈ $629.09 Million |
+8.73% |
| 2013-12-31 | ₩853.73 Billion ≈ $578.56 Million |
+6.05% |
| 2012-12-31 | ₩805.02 Billion ≈ $545.55 Million |
+5.77% |
| 2011-12-31 | ₩761.07 Billion ≈ $515.77 Million |
+16.01% |
| 2010-12-31 | ₩656.06 Billion ≈ $444.60 Million |
+3.56% |
| 2009-12-31 | ₩633.51 Billion ≈ $429.32 Million |
+10.80% |
| 2008-12-31 | ₩571.76 Billion ≈ $387.47 Million |
+17.15% |
| 2007-12-31 | ₩488.06 Billion ≈ $330.75 Million |
+19.07% |
| 2006-12-31 | ₩409.91 Billion ≈ $277.79 Million |
+3.91% |
| 2005-12-31 | ₩394.48 Billion ≈ $267.33 Million |
+15.84% |
| 2004-12-31 | ₩340.54 Billion ≈ $230.78 Million |
-1.66% |
| 2003-12-31 | ₩346.30 Billion ≈ $234.69 Million |
+17.43% |
| 2002-12-31 | ₩294.90 Billion ≈ $199.85 Million |
-0.20% |
| 2001-12-31 | ₩295.48 Billion ≈ $200.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to S-1 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 159637978600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.60 Trillion | 96.13% |
| Other Components | ₩64.28 Billion | 3.87% |
| Total Equity | ₩1.66 Trillion | 100.00% |
S-1 Corp Competitors by Market Cap
The table below lists competitors of S-1 Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Melco Resorts & Entertainment Limited
F:MAS
|
$1.97 Billion |
|
HCI Group Inc
NYSE:HCI
|
$1.97 Billion |
|
Avepoint Inc
NASDAQ:AVPT
|
$1.97 Billion |
|
Shanghai Anlogic Infotech Co Ltd
SHG:688107
|
$1.97 Billion |
|
Shenglan Technology Co Ltd
SHE:300843
|
$1.97 Billion |
|
Dongjin Semichem Co. Ltd
KQ:005290
|
$1.97 Billion |
|
Partner
TA:PTNR
|
$1.97 Billion |
|
AbraSilver Resource Corp.
TO:ABRA
|
$1.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in S-1 Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,597,883,288,620 to 1,660,661,064,990, a change of 62,777,776,370 (3.9%).
- Net income of 176,732,400,410 contributed positively to equity growth.
- Dividend payments of 91,270,823,700 reduced retained earnings.
- Other factors decreased equity by 22,683,800,340.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩176.73 Billion | +10.64% |
| Dividends Paid | ₩91.27 Billion | -5.5% |
| Other Changes | ₩-22.68 Billion | -1.37% |
| Total Change | ₩- | 3.93% |
Book Value vs Market Value Analysis
This analysis compares S-1 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: 1.75x
- 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 2.41x to 1.75x 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 | ₩35723.75 | ₩86100.00 | x |
| 2018-12-31 | ₩37334.86 | ₩86100.00 | x |
| 2019-12-31 | ₩39265.64 | ₩86100.00 | x |
| 2020-12-31 | ₩40939.06 | ₩86100.00 | x |
| 2021-12-31 | ₩42675.57 | ₩86100.00 | x |
| 2022-12-31 | ₩45044.51 | ₩86100.00 | x |
| 2023-12-31 | ₩47260.34 | ₩86100.00 | x |
| 2024-12-31 | ₩49117.11 | ₩86100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently S-1 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): 10.64%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.30%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 1.40x
- Recent ROE (10.64%) is below the historical average (13.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 8.47% | 6.48% | 0.90x | 1.45x | ₩-4.44 Billion |
| 2002 | 12.15% | 7.65% | 1.04x | 1.53x | ₩6.20 Billion |
| 2003 | 14.41% | 9.40% | 1.07x | 1.43x | ₩14.98 Billion |
| 2004 | 17.31% | 9.57% | 1.20x | 1.50x | ₩24.48 Billion |
| 2005 | 18.67% | 10.92% | 1.15x | 1.49x | ₩33.67 Billion |
| 2006 | 20.43% | 11.49% | 1.18x | 1.51x | ₩41.99 Billion |
| 2007 | 21.73% | 13.33% | 1.12x | 1.45x | ₩56.15 Billion |
| 2008 | 20.52% | 14.37% | 1.02x | 1.40x | ₩58.90 Billion |
| 2009 | 15.61% | 12.48% | 0.93x | 1.34x | ₩34.79 Billion |
| 2010 | 17.44% | 12.44% | 1.03x | 1.36x | ₩47.61 Billion |
| 2011 | 17.15% | 12.31% | 0.97x | 1.44x | ₩52.64 Billion |
| 2012 | 13.05% | 9.20% | 1.01x | 1.40x | ₩23.58 Billion |
| 2013 | 9.70% | 6.22% | 1.11x | 1.41x | ₩-2.48 Billion |
| 2014 | 12.62% | 6.51% | 1.18x | 1.64x | ₩23.23 Billion |
| 2015 | 15.67% | 8.54% | 1.29x | 1.42x | ₩55.62 Billion |
| 2016 | 12.78% | 7.68% | 1.25x | 1.33x | ₩30.54 Billion |
| 2017 | 11.87% | 7.38% | 1.23x | 1.31x | ₩22.54 Billion |
| 2018 | 8.16% | 5.10% | 1.20x | 1.33x | ₩-23.26 Billion |
| 2019 | 11.05% | 6.82% | 1.20x | 1.35x | ₩13.88 Billion |
| 2020 | 10.27% | 6.39% | 1.17x | 1.38x | ₩3.67 Billion |
| 2021 | 8.94% | 5.58% | 1.17x | 1.37x | ₩-15.30 Billion |
| 2022 | 9.92% | 6.12% | 1.19x | 1.36x | ₩-1.26 Billion |
| 2023 | 11.86% | 7.23% | 1.20x | 1.36x | ₩29.69 Billion |
| 2024 | 10.64% | 6.30% | 1.21x | 1.40x | ₩10.67 Billion |
Industry Comparison
This section compares S-1 Corp's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $66,748,378,112
- Average return on equity (ROE) among peers: 8.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| S-1 Corp (012750) | ₩1.71 Trillion | 8.47% | 0.39x | $1.97 Billion |
| Mirae ING Co Ltd (007120) | $69.59 Billion | 20.15% | 0.04x | $35.85 Million |
| Hitron Systems (019490) | $50.22 Billion | -12.73% | 0.46x | $28.02 Million |
| Korea Electronic Certification Authority Inc (041460) | $25.89 Billion | 11.99% | 0.50x | $51.86 Million |
| SOOSAN INT Co. Ltd (050960) | $70.11 Billion | 6.01% | 0.02x | $43.65 Million |
| IGLOO SECURITY Inc (067920) | $48.29 Billion | 4.26% | 0.23x | $49.42 Million |
| Suprema Inc (236200) | $136.39 Billion | 19.02% | 0.09x | $263.44 Million |
About S-1 Corp
S-1 Corporation provides safety and security services in South Korea and internationally. Its physical security solutions include alarm monitoring services, physical security information management software, smart video management systems, access control systems, optical sensing systems, and ultra wide band sensors. The company offers integrated security solutions comprising consulting, engineeri… Read more