Sajo Seafood (014710) - Net Assets
Based on the latest financial reports, Sajo Seafood (014710) has net assets worth ₩208.31 Billion KRW (≈ $141.17 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩393.08 Billion ≈ $266.38 Million USD) and total liabilities (₩184.77 Billion ≈ $125.22 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 014710 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩208.31 Billion |
| % of Total Assets | 52.99% |
| Annual Growth Rate | 2.37% |
| 5-Year Change | -9.43% |
| 10-Year Change | 13.53% |
| Growth Volatility | 7.4 |
Sajo Seafood - Net Assets Trend (2012–2025)
This chart illustrates how Sajo Seafood's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Sajo Seafood to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sajo Seafood (2012–2025)
The table below shows the annual net assets of Sajo Seafood from 2012 to 2025. For live valuation and market cap data, see Sajo Seafood (014710) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩208.31 Billion ≈ $141.17 Million |
-12.37% |
| 2024-12-31 | ₩237.72 Billion ≈ $161.10 Million |
+9.07% |
| 2023-12-31 | ₩217.96 Billion ≈ $147.71 Million |
-8.86% |
| 2022-12-31 | ₩239.16 Billion ≈ $162.07 Million |
+3.98% |
| 2021-12-31 | ₩229.99 Billion ≈ $155.86 Million |
+9.09% |
| 2020-12-31 | ₩210.83 Billion ≈ $142.88 Million |
+3.22% |
| 2019-12-31 | ₩204.25 Billion ≈ $138.42 Million |
-7.02% |
| 2018-12-31 | ₩219.68 Billion ≈ $148.87 Million |
+4.85% |
| 2017-12-31 | ₩209.51 Billion ≈ $141.98 Million |
+14.19% |
| 2016-12-31 | ₩183.48 Billion ≈ $124.34 Million |
+2.65% |
| 2015-12-31 | ₩178.75 Billion ≈ $121.13 Million |
+7.58% |
| 2014-12-31 | ₩166.15 Billion ≈ $112.60 Million |
+6.24% |
| 2013-12-31 | ₩156.39 Billion ≈ $105.98 Million |
+1.78% |
| 2012-12-31 | ₩153.65 Billion ≈ $104.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sajo Seafood'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 39.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩126.66 Billion | 61.41% |
| Other Components | ₩79.59 Billion | 38.59% |
| Total Equity | ₩206.25 Billion | 100.00% |
Sajo Seafood Competitors by Market Cap
The table below lists competitors of Sajo Seafood ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dongkuk Industries Co. Ltd
KQ:005160
|
$89.04 Million |
|
Korea Flange
KO:010100
|
$89.04 Million |
|
GI Group Poland S.A.
WAR:GIG
|
$89.05 Million |
|
EcoGraf Ltd
F:FMK
|
$89.08 Million |
|
Hwaseung Industries Co Ltd
KO:006060
|
$89.02 Million |
|
Elevate Uranium Ltd
AU:EL8
|
$89.02 Million |
|
Casino Guichard Perrachon SA
PA:CO
|
$88.95 Million |
|
Sao Ta Foods JSC
VN:FMC
|
$88.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sajo Seafood's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 237,634,964,570 to 206,251,998,860, a change of -31,382,965,710 (-13.2%).
- Net loss of 28,179,108,560 reduced equity.
- New share issuances of 1,340,000,000 increased equity.
- Other factors decreased equity by 4,543,857,150.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-28.18 Billion | -13.66% |
| Share Issuances | ₩1.34 Billion | +0.65% |
| Other Changes | ₩-4.54 Billion | -2.2% |
| Total Change | ₩- | -13.21% |
Book Value vs Market Value Analysis
This analysis compares Sajo Seafood'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: 0.64x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩12167.85 | ₩7630.00 | x |
| 2018-12-31 | ₩12758.11 | ₩7630.00 | x |
| 2019-12-31 | ₩11862.27 | ₩7630.00 | x |
| 2020-12-31 | ₩12244.27 | ₩7630.00 | x |
| 2021-12-31 | ₩13357.36 | ₩7630.00 | x |
| 2022-12-31 | ₩13889.46 | ₩7630.00 | x |
| 2023-12-31 | ₩12652.87 | ₩7630.00 | x |
| 2024-12-31 | ₩13801.11 | ₩7630.00 | x |
| 2025-12-31 | ₩11978.48 | ₩7630.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sajo Seafood 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): -13.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.84%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.91x
- Recent ROE (-13.66%) is below the historical average (2.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 7.28% | 3.97% | 0.97x | 1.88x | ₩-4.18 Billion |
| 2013 | 3.28% | 2.02% | 0.92x | 1.77x | ₩-10.51 Billion |
| 2014 | 5.61% | 3.54% | 1.07x | 1.48x | ₩-7.30 Billion |
| 2015 | 3.38% | 2.14% | 1.11x | 1.43x | ₩-11.83 Billion |
| 2016 | 4.12% | 2.34% | 1.00x | 1.76x | ₩-10.79 Billion |
| 2017 | 9.24% | 5.12% | 1.05x | 1.72x | ₩-1.59 Billion |
| 2018 | 5.75% | 3.18% | 1.04x | 1.73x | ₩-9.34 Billion |
| 2019 | -2.76% | -1.62% | 1.00x | 1.70x | ₩-26.07 Billion |
| 2020 | 3.72% | 3.66% | 0.69x | 1.48x | ₩-13.24 Billion |
| 2021 | 4.28% | 5.64% | 0.52x | 1.46x | ₩-13.16 Billion |
| 2022 | 3.47% | 4.12% | 0.57x | 1.47x | ₩-15.62 Billion |
| 2023 | -10.60% | -13.12% | 0.55x | 1.47x | ₩-44.88 Billion |
| 2024 | 4.97% | 6.27% | 0.56x | 1.42x | ₩-11.95 Billion |
| 2025 | -13.66% | -11.84% | 0.61x | 1.91x | ₩-48.80 Billion |
Industry Comparison
This section compares Sajo Seafood's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $483,543,415,493
- Average return on equity (ROE) among peers: 5.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sajo Seafood (014710) | ₩208.31 Billion | 7.28% | 0.89x | $89.03 Million |
| Daehan Flour Mills Co Ltd (001130) | $607.35 Billion | 3.07% | 0.48x | $13.13 Million |
| Daesang Corp (001680) | $472.17 Billion | 0.00% | 2.84x | $419.36 Million |
| Daesang Corp Preference Shares (001685) | $867.27 Billion | 7.45% | 1.66x | $13.73 Million |
| Korea Ind (002140) | $76.12 Billion | 11.88% | 1.05x | $33.02 Million |
| Choheung (002600) | $149.64 Billion | 0.24% | 1.63x | $55.91 Million |
| Sam Yang Foods (003230) | $33.13 Billion | 39.63% | 5.21x | $5.05 Billion |
| Daejoo Inc (003310) | $68.99 Billion | 6.29% | 0.52x | $43.41 Million |
| Harim Holdings Co. Ltd (003380) | $1.69 Trillion | 3.23% | 4.53x | $699.33 Million |
| Hansung Ent (003680) | $54.00 Billion | -4.88% | 3.12x | $17.59 Million |
| Namyang Dairy (003920) | $812.96 Billion | -7.24% | 0.15x | $171.85 Million |
About Sajo Seafood
SAJO SEAFOOD Co.,Ltd engages in the food, deep sea fishing, and frozen food storage businesses in South Korea. The company processes and retails tuna for sliced raw fish, general fishery, and seasoned dried laver products. It offers loins, steaks, blocks, belt fishes, pollacks, blue crabs, and others; processed dried lavers, including kimbaps, seasoned lavers, traditionally cooked lavers, and sto… Read more