Soosan Heavy I (017550) - Net Assets

Latest as of March 2026: ₩203.99 Billion KRW ≈ $138.24 Million USD

Based on the latest financial reports, Soosan Heavy I (017550) has net assets worth ₩203.99 Billion KRW (≈ $138.24 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩289.97 Billion ≈ $196.51 Million USD) and total liabilities (₩85.98 Billion ≈ $58.27 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 tangible equity quality of Soosan Heavy I to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩203.99 Billion
% of Total Assets	70.35%
Annual Growth Rate	9.52%
5-Year Change	63.57%
10-Year Change	118.72%
Growth Volatility	10.33

Soosan Heavy I - Net Assets Trend (2006–2025)

This chart illustrates how Soosan Heavy I's net assets have evolved over time, based on quarterly financial data. See Soosan Heavy I defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Soosan Heavy I (2006–2025)

The table below shows the annual net assets of Soosan Heavy I from 2006 to 2025. For live valuation and market cap data, see 017550 company net worth.

Year	Net Assets	Change
2025-12-31	₩199.63 Billion ≈ $135.29 Million	+7.18%
2024-12-31	₩186.25 Billion ≈ $126.22 Million	+6.12%
2023-12-31	₩175.50 Billion ≈ $118.94 Million	+26.67%
2022-12-31	₩138.55 Billion ≈ $93.89 Million	+13.52%
2021-12-31	₩122.05 Billion ≈ $82.71 Million	+17.76%
2020-12-31	₩103.65 Billion ≈ $70.24 Million	+3.28%
2019-12-31	₩100.36 Billion ≈ $68.01 Million	+1.38%
2018-12-31	₩98.99 Billion ≈ $67.08 Million	+7.12%
2017-12-31	₩92.41 Billion ≈ $62.62 Million	+1.24%
2016-12-31	₩91.27 Billion ≈ $61.85 Million	+2.38%
2015-12-31	₩89.15 Billion ≈ $60.42 Million	-0.45%
2014-12-31	₩89.56 Billion ≈ $60.69 Million	+7.71%
2013-12-31	₩83.14 Billion ≈ $56.35 Million	+3.40%
2012-12-31	₩80.41 Billion ≈ $54.49 Million	+13.96%
2011-12-31	₩70.56 Billion ≈ $47.82 Million	+37.99%
2010-12-31	₩51.14 Billion ≈ $34.65 Million	+20.45%
2009-12-31	₩42.45 Billion ≈ $28.77 Million	-2.43%
2008-12-31	₩43.51 Billion ≈ $29.49 Million	+1.98%
2007-12-31	₩42.67 Billion ≈ $28.92 Million	+20.38%
2006-12-31	₩35.45 Billion ≈ $24.02 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Soosan Heavy I'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 14292960981000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩142.93 Billion	71.60%
Other Components	₩56.70 Billion	28.40%
Total Equity	₩199.63 Billion	100.00%

Soosan Heavy I Competitors by Market Cap

The table below lists competitors of Soosan Heavy I ranked by their market capitalization.

Company	Market Cap
Pasofino Gold Limited V:VEIN	$98.33 Million
Markforged Holding Corp NYSE:MKFG	$98.34 Million
Hf Foods Group Inc NASDAQ:HFFG	$98.39 Million
MasterBeef Group Ordinary Shares NASDAQ:MB	$98.47 Million
Papaya Growth Opportunity Corp I NASDAQ:PPYA	$98.24 Million
EA Technique M Bhd KLSE:5259	$98.23 Million
GHCL TEXTILES LTD NSE:GHCLTEXTIL	$98.22 Million
Recce Pharmaceuticals Ltd AU:RCE	$98.22 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Soosan Heavy I's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 186,252,303,460 to 199,633,221,150, a change of 13,380,917,690 (7.2%).
Net income of 15,840,229,690 contributed positively to equity growth.
Dividend payments of 624,003,600 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩15.84 Billion	+7.93%
Dividends Paid	₩624.00 Million	-0.31%
Other Changes	₩-1.84 Billion	-0.92%
Total Change	₩-	7.18%

Book Value vs Market Value Analysis

This analysis compares Soosan Heavy I'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: 0.73x
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 1.29x to 0.73x 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	₩1796.27	₩2325.00	x
2018-12-31	₩1924.19	₩2325.00	x
2019-12-31	₩1950.79	₩2325.00	x
2020-12-31	₩2014.76	₩2325.00	x
2021-12-31	₩2260.80	₩2325.00	x
2022-12-31	₩2566.42	₩2325.00	x
2023-12-31	₩2812.61	₩2325.00	x
2024-12-31	₩2984.85	₩2325.00	x
2025-12-31	₩3199.29	₩2325.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Soosan Heavy I 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): 7.93%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.91%
• Asset Turnover: 0.86x
• Equity Multiplier: 1.34x
Recent ROE (7.93%) is below the historical average (8.35%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	17.51%	9.29%	0.92x	2.04x	₩2.52 Billion
2007	17.37%	6.35%	1.15x	2.37x	₩2.95 Billion
2008	1.64%	0.51%	1.18x	2.71x	₩-3.50 Billion
2010	17.05%	7.77%	1.30x	1.69x	₩3.51 Billion
2011	17.36%	9.44%	1.08x	1.71x	₩5.04 Billion
2012	15.22%	8.62%	1.05x	1.68x	₩4.08 Billion
2013	4.81%	2.90%	0.99x	1.68x	₩-4.20 Billion
2014	6.53%	4.94%	0.86x	1.53x	₩-3.03 Billion
2015	1.23%	1.06%	0.85x	1.36x	₩-7.69 Billion
2016	2.92%	3.00%	0.82x	1.19x	₩-6.46 Billion
2017	3.13%	2.84%	0.92x	1.20x	₩-6.35 Billion
2018	6.72%	7.86%	0.41x	2.07x	₩-3.25 Billion
2019	0.14%	0.09%	0.86x	1.83x	₩-9.89 Billion
2020	3.89%	2.93%	0.58x	2.28x	₩-6.33 Billion
2021	9.33%	4.50%	1.07x	1.93x	₩-811.72 Million
2022	11.37%	5.50%	1.09x	1.89x	₩1.89 Billion
2023	9.61%	7.45%	0.86x	1.50x	₩-677.42 Million
2024	4.95%	4.66%	0.83x	1.27x	₩-9.40 Billion
2025	7.93%	6.91%	0.86x	1.34x	₩-4.12 Billion

Industry Comparison

This section compares Soosan Heavy I's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.

Industry Context

Industry: Farm & Heavy Construction Machinery
Average net assets among peers: $552,861,774,327
Average return on equity (ROE) among peers: 7.06%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Soosan Heavy I (017550)	₩203.99 Billion	17.51%	0.42x	$98.32 Million
Daedong Ind (000490)	$220.81 Billion	1.41%	2.70x	$152.46 Million
TYM Corporation (002900)	$142.96 Billion	0.00%	1.28x	$169.55 Million
JINSUNG T.E.C. Inc (036890)	$71.54 Billion	13.52%	1.35x	$206.00 Million
Hyundai Everdigm Corp (041440)	$182.61 Billion	3.50%	0.63x	$94.31 Million
Hyundai Doosan Infracore Co Ltd (042670)	$2.29 Trillion	13.05%	4.12x	$1.77 Billion
ENPlus Co Ltd (074610)	$11.41 Billion	0.00%	0.74x	$25.41 Million
DY Power Corp (210540)	$128.15 Billion	23.83%	0.99x	$88.03 Million
Doosan Bobcat Inc (241560)	$2.78 Billion	3.04%	1.05x	$4.27 Billion
Hyundai Construction Equipment Co Ltd (267270)	$1.93 Trillion	5.15%	0.87x	$4.68 Billion

About Soosan Heavy I

KO:017550 Korea Farm & Heavy Construction Machinery

Market Cap

$98.32 Million

₩145.08 Billion KRW

Market Cap Rank

#19330 Global

#954 in Korea

Share Price

₩2325.00

Change (1 day)

-8.82%

52-Week Range

₩1631.00 - ₩3860.00

All Time High

₩7421.78