Sungmoon Elect (014910) - Net Assets
Based on the latest financial reports, Sungmoon Elect (014910) has net assets worth ₩44.12 Billion KRW (≈ $29.90 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 (₩83.41 Billion ≈ $56.53 Million USD) and total liabilities (₩39.29 Billion ≈ $26.63 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 014910 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩44.12 Billion |
| % of Total Assets | 52.9% |
| Annual Growth Rate | 4.64% |
| 5-Year Change | 43.43% |
| 10-Year Change | 57.4% |
| Growth Volatility | 11.96 |
Sungmoon Elect - Net Assets Trend (2006–2025)
This chart illustrates how Sungmoon Elect's net assets have evolved over time, based on quarterly financial data. See Sungmoon Elect defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sungmoon Elect (2006–2025)
The table below shows the annual net assets of Sungmoon Elect from 2006 to 2025. For live valuation and market cap data, see Sungmoon Elect market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩44.12 Billion ≈ $29.90 Million |
+6.76% |
| 2024-12-31 | ₩41.33 Billion ≈ $28.01 Million |
+12.57% |
| 2023-12-31 | ₩36.71 Billion ≈ $24.88 Million |
+14.46% |
| 2022-12-31 | ₩32.07 Billion ≈ $21.74 Million |
+4.26% |
| 2021-12-31 | ₩30.76 Billion ≈ $20.85 Million |
+15.94% |
| 2020-12-31 | ₩26.53 Billion ≈ $17.98 Million |
-3.20% |
| 2019-12-31 | ₩27.41 Billion ≈ $18.58 Million |
-6.65% |
| 2018-12-31 | ₩29.36 Billion ≈ $19.90 Million |
+0.21% |
| 2017-12-31 | ₩29.30 Billion ≈ $19.86 Million |
+4.53% |
| 2016-12-31 | ₩28.03 Billion ≈ $19.00 Million |
-1.85% |
| 2015-12-31 | ₩28.56 Billion ≈ $19.35 Million |
+5.08% |
| 2014-12-31 | ₩27.18 Billion ≈ $18.42 Million |
-9.71% |
| 2013-12-31 | ₩30.10 Billion ≈ $20.40 Million |
-10.17% |
| 2012-12-31 | ₩33.51 Billion ≈ $22.71 Million |
-9.59% |
| 2011-12-31 | ₩37.07 Billion ≈ $25.12 Million |
+22.93% |
| 2010-12-31 | ₩30.15 Billion ≈ $20.43 Million |
+17.28% |
| 2009-12-31 | ₩25.71 Billion ≈ $17.42 Million |
+1.17% |
| 2008-12-31 | ₩25.41 Billion ≈ $17.22 Million |
+36.66% |
| 2007-12-31 | ₩18.60 Billion ≈ $12.60 Million |
-0.15% |
| 2006-12-31 | ₩18.63 Billion ≈ $12.62 Million |
-- |
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 90.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩17.06 Billion | 39.02% |
| Other Components | ₩26.66 Billion | 60.98% |
| Total Equity | ₩43.72 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 |
|---|---|
|
Eagle Capital Growth Fund Inc
NYSE MKT:GRF
|
$39.68 Million |
|
SONOKONG Co. Ltd
KQ:066910
|
$39.73 Million |
|
INFOvine co. Ltd
KQ:115310
|
$39.75 Million |
|
Century Casinos Inc
NASDAQ:CNTY
|
$39.77 Million |
|
Kleannara
KO:004540
|
$39.65 Million |
|
eSang Networks Co.Ltd
KQ:080010
|
$39.64 Million |
|
PPAP Automotive Limited
NSE:PPAP
|
$39.63 Million |
|
Tevogen Bio Holdings Inc.
NASDAQ:TVGN
|
$39.61 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 2024 to 2025, total equity changed from 40,948,669,510 to 43,720,160,480, a change of 2,771,490,970 (6.8%).
- Net income of 2,002,647,100 contributed positively to equity growth.
- Other factors increased equity by 768,843,870.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.00 Billion | +4.58% |
| Other Changes | ₩768.84 Million | +1.76% |
| Total Change | ₩- | 6.77% |
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: 1.34x
- 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 1.77x to 1.34x 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 | ₩2820.00 | x |
| 2018-12-31 | ₩1600.04 | ₩2820.00 | x |
| 2019-12-31 | ₩1492.54 | ₩2820.00 | x |
| 2020-12-31 | ₩1443.26 | ₩2820.00 | x |
| 2021-12-31 | ₩1670.46 | ₩2820.00 | x |
| 2022-12-31 | ₩1755.87 | ₩2820.00 | x |
| 2023-12-31 | ₩1752.11 | ₩2820.00 | x |
| 2024-12-31 | ₩1972.74 | ₩2820.00 | x |
| 2025-12-31 | ₩2106.26 | ₩2820.00 | 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): 4.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.73%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.91x
- Recent ROE (4.58%) is above the historical average (0.83%), 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 |
| 2025 | 4.58% | 3.73% | 0.64x | 1.91x | ₩-2.37 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: $498,104,055,238
- Average return on equity (ROE) among peers: 2.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sungmoon Elect (014910) | ₩44.12 Billion | 0.12% | 0.89x | $39.67 Million |
| YoungPoong (000670) | $3.00 Trillion | 4.29% | 0.33x | $573.93 Million |
| Sam Hwa Capaci (001820) | $53.80 Billion | 0.48% | 1.30x | $1.32 Billion |
| Samick Music I (002450) | $115.15 Billion | 2.75% | 0.74x | $64.72 Million |
| Hansol Technics (004710) | $52.45 Billion | 0.45% | 3.58x | $292.75 Million |
| Sunny Elec (004770) | $28.12 Billion | 7.45% | 0.46x | $39.90 Million |
| Samyoung Elec (005680) | $317.74 Billion | 4.03% | 0.32x | $190.47 Million |
| PJ Electronics Co. Ltd (006140) | $104.92 Billion | 6.76% | 0.22x | $49.41 Million |
| Isupetasys (007660) | $198.12 Billion | 7.89% | 1.56x | $6.04 Billion |
| Korea Circuit Co. Ltd. (007810) | $709.89 Billion | -5.16% | 0.74x | $2.21 Billion |
| Korea Circuit Co Ltd (007815) | $397.41 Billion | 0.14% | 0.37x | $61.28 Million |
About 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.