Sungmoon Elect
Sungmoon Electronics Co., Ltd. provides films for film capacitors in South Korea, Asia, the Americas, and Europe. It offers ZN-deposited and Al-deposited films. The company also provides mail delivery services. Sungmoon Electronics Co., Ltd. was founded in 1980 and is headquartered in Pyeongtaek-si, South Korea.
Sungmoon Elect (014910) - Net Assets
Latest net assets as of September 2025: ₩42.44 Billion KRW
Based on the latest financial reports, Sungmoon Elect (014910) has net assets worth ₩42.44 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩80.08 Billion) and total liabilities (₩37.64 Billion). 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 | ₩42.44 Billion |
| % of Total Assets | 53.0% |
| Annual Growth Rate | 4.53% |
| 5-Year Change | 55.76% |
| 10-Year Change | 44.71% |
| Growth Volatility | 12.28 |
Sungmoon Elect - Net Assets Trend (2006–2024)
This chart illustrates how Sungmoon Elect's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sungmoon Elect (2006–2024)
The table below shows the annual net assets of Sungmoon Elect from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩41.33 Billion | +12.57% |
| 2023-12-31 | ₩36.71 Billion | +14.46% |
| 2022-12-31 | ₩32.07 Billion | +4.26% |
| 2021-12-31 | ₩30.76 Billion | +15.94% |
| 2020-12-31 | ₩26.53 Billion | -3.20% |
| 2019-12-31 | ₩27.41 Billion | -6.65% |
| 2018-12-31 | ₩29.36 Billion | +0.21% |
| 2017-12-31 | ₩29.30 Billion | +4.53% |
| 2016-12-31 | ₩28.03 Billion | -1.85% |
| 2015-12-31 | ₩28.56 Billion | +5.08% |
| 2014-12-31 | ₩27.18 Billion | -9.71% |
| 2013-12-31 | ₩30.10 Billion | -10.17% |
| 2012-12-31 | ₩33.51 Billion | -9.59% |
| 2011-12-31 | ₩37.07 Billion | +22.93% |
| 2010-12-31 | ₩30.15 Billion | +17.28% |
| 2009-12-31 | ₩25.71 Billion | +1.17% |
| 2008-12-31 | ₩25.41 Billion | +36.66% |
| 2007-12-31 | ₩18.60 Billion | -0.15% |
| 2006-12-31 | ₩18.63 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sungmoon Elect'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 66.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩14.91 Billion | 36.42% |
| Other Components | ₩26.03 Billion | 63.58% |
| Total Equity | ₩40.95 Billion | 100.00% |
Sungmoon Elect Competitors by Market Cap
The table below lists competitors of Sungmoon Elect ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lam Son Sugar JSC
VN:LSS
|
$16.99 Million |
|
Leading Edge Materials Corp
OTCQB:LEMIF
|
$17.00 Million |
|
LISATA THERAP.INC.DL-001
F:8NE
|
$17.00 Million |
|
TacBright Optronics Corporation
TWO:6434
|
$17.00 Million |
|
Balco Group AB
ST:BALCO
|
$16.98 Million |
|
Mega Polietilen Kopuk Sanayi ve Ticaret AS
IS:MEGAP
|
$16.98 Million |
|
Tonlin Department Store Co Ltd
TW:2910
|
$16.98 Million |
|
SVOA Public Company Limited
BK:SVOA
|
$16.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sungmoon Elect's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,368,935,620 to 40,948,669,510, a change of 4,579,733,890 (12.6%).
- Net income of 2,707,753,400 contributed positively to equity growth.
- Other factors increased equity by 1,871,980,490.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.71 Billion | +6.61% |
| Other Changes | ₩1.87 Billion | +4.57% |
| Total Change | ₩- | 12.59% |
Book Value vs Market Value Analysis
This analysis compares Sungmoon Elect'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: 0.88x
- 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 1.09x to 0.88x 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 | ₩1596.08 | ₩1745.00 | x |
| 2018-12-31 | ₩1600.04 | ₩1745.00 | x |
| 2019-12-31 | ₩1492.54 | ₩1745.00 | x |
| 2020-12-31 | ₩1443.26 | ₩1745.00 | x |
| 2021-12-31 | ₩1670.46 | ₩1745.00 | x |
| 2022-12-31 | ₩1755.87 | ₩1745.00 | x |
| 2023-12-31 | ₩1752.11 | ₩1745.00 | x |
| 2024-12-31 | ₩1972.74 | ₩1745.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sungmoon Elect 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): 6.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.63%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.84x
- Recent ROE (6.61%) is above the historical average (0.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.12% | 0.06% | 0.93x | 1.94x | ₩-1.84 Billion |
| 2008 | 11.96% | 6.82% | 0.99x | 1.78x | ₩494.52 Million |
| 2009 | 5.05% | 2.81% | 1.04x | 1.72x | ₩-1.26 Billion |
| 2010 | 14.74% | 6.69% | 1.34x | 1.65x | ₩1.42 Billion |
| 2011 | 11.09% | 5.48% | 1.35x | 1.50x | ₩401.12 Million |
| 2013 | -14.73% | -8.03% | 1.10x | 1.67x | ₩-7.38 Billion |
| 2014 | -7.26% | -3.63% | 1.05x | 1.91x | ₩-4.65 Billion |
| 2015 | -5.97% | -3.47% | 1.06x | 1.61x | ₩-4.48 Billion |
| 2016 | -3.78% | -2.32% | 1.03x | 1.58x | ₩-3.84 Billion |
| 2017 | -9.19% | -5.81% | 1.07x | 1.48x | ₩-5.59 Billion |
| 2018 | 0.70% | 0.49% | 0.96x | 1.48x | ₩-2.71 Billion |
| 2019 | -6.81% | -5.16% | 0.85x | 1.56x | ₩-4.58 Billion |
| 2020 | -3.69% | -2.57% | 0.94x | 1.53x | ₩-3.61 Billion |
| 2021 | 9.57% | 5.91% | 0.91x | 1.78x | ₩-132.51 Million |
| 2022 | 6.42% | 4.08% | 0.87x | 1.80x | ₩-1.14 Billion |
| 2023 | -4.53% | -3.66% | 0.74x | 1.67x | ₩-5.29 Billion |
| 2024 | 6.61% | 5.63% | 0.64x | 1.84x | ₩-1.39 Billion |
Industry Comparison
This section compares Sungmoon Elect's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $1,182,735,888,965
- Average return on equity (ROE) among peers: 13.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sungmoon Elect (014910) | ₩42.44 Billion | 0.12% | 0.89x | $16.98 Million |
| YoungPoong (000670) | $1.92 Trillion | 12.09% | 0.37x | $141.87 Million |
| Sam Hwa Capaci (001820) | $32.31 Billion | 5.37% | 1.45x | $256.49 Million |
| Samick Music I (002450) | $129.03 Billion | 85.85% | 1.36x | $30.81 Million |
| Hansol Technics (004710) | $279.10 Billion | 9.39% | 1.12x | $84.94 Million |
| Sunny Elec (004770) | $14.69 Billion | -26.30% | 0.94x | $33.79 Million |
| PJ Electronics Co. Ltd (006140) | $104.92 Billion | 6.76% | 0.22x | $20.94 Million |
| Isupetasys (007660) | $163.27 Billion | 14.70% | 0.84x | $4.21 Billion |
| Korea Circuit Co. Ltd. (007810) | $99.55 Billion | 14.09% | 1.24x | $425.68 Million |
| Kyung In Elect (009140) | $70.58 Billion | 8.20% | 0.06x | $7.73 Million |
| Samsung Electro-Mechanics (009150) | $9.02 Trillion | 7.53% | 0.42x | $17.64 Billion |