Sc Engineering
SC Engineering Co., Ltd., together with its subsidiaries, operates as an engineering company in South Korea and internationally. The company engages in the manufacturing, selling, importing, and exporting of biological products and medical devices using cell culture. It is also involved in the engineering, procurement, and construction of material, industry, and energy platforms, as well as indus… Read more
Sc Engineering (023960) - Net Assets
Latest net assets as of September 2025: ₩43.68 Billion KRW
Based on the latest financial reports, Sc Engineering (023960) has net assets worth ₩43.68 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 (₩113.31 Billion) and total liabilities (₩69.63 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 | ₩43.68 Billion |
| % of Total Assets | 38.55% |
| Annual Growth Rate | -4.95% |
| 5-Year Change | 133.08% |
| 10-Year Change | -60.75% |
| Growth Volatility | 45.66 |
Sc Engineering - Net Assets Trend (2007–2024)
This chart illustrates how Sc Engineering's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sc Engineering (2007–2024)
The table below shows the annual net assets of Sc Engineering from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩45.86 Billion | +17.48% |
| 2023-12-31 | ₩39.03 Billion | -3.92% |
| 2022-12-31 | ₩40.63 Billion | -8.79% |
| 2021-12-31 | ₩44.54 Billion | +126.39% |
| 2020-12-31 | ₩19.67 Billion | -87.33% |
| 2019-12-31 | ₩155.31 Billion | +6.92% |
| 2018-12-31 | ₩145.26 Billion | -8.18% |
| 2017-12-31 | ₩158.20 Billion | -2.91% |
| 2016-12-31 | ₩162.95 Billion | +39.48% |
| 2015-12-31 | ₩116.83 Billion | +86.58% |
| 2014-12-31 | ₩62.62 Billion | -33.98% |
| 2013-12-31 | ₩94.84 Billion | -21.10% |
| 2012-12-31 | ₩120.20 Billion | -4.13% |
| 2011-12-31 | ₩125.38 Billion | -14.24% |
| 2010-12-31 | ₩146.20 Billion | -0.02% |
| 2009-12-31 | ₩146.23 Billion | -2.03% |
| 2008-12-31 | ₩149.26 Billion | +37.31% |
| 2007-12-31 | ₩108.70 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sc Engineering'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 decreased by 2879035844000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩74.65 Billion | 162.78% |
| Total Equity | ₩45.86 Billion | 100.00% |
Sc Engineering Competitors by Market Cap
The table below lists competitors of Sc Engineering ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shuang-Bang Industrial
TWO:6506
|
$25.16 Million |
|
Echomarketing Co.Ltd
KQ:230360
|
$25.16 Million |
|
Warehouses Estates Belgium SCA
BR:WEB
|
$25.17 Million |
|
Cynata Therapeutics Limited
PINK:CYYNF
|
$25.18 Million |
|
KEYRUS S.A. EO -25
F:5UP
|
$25.15 Million |
|
Redefine Properties Ltd
JSE:RDF
|
$25.15 Million |
|
GameSquare Holdings Inc.
NASDAQ:GAME
|
$25.14 Million |
|
DELFINGEN IND.INH.EO 153
F:HBS
|
$25.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sc Engineering's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,034,389,680 to 45,856,905,570, a change of 6,822,515,890 (17.5%).
- Net income of 3,717,782,770 contributed positively to equity growth.
- Other factors increased equity by 3,104,733,120.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.72 Billion | +8.11% |
| Other Changes | ₩3.10 Billion | +6.77% |
| Total Change | ₩- | 17.48% |
Book Value vs Market Value Analysis
This analysis compares Sc Engineering'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: 1.08x
- 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 1.36x to 1.08x 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 | ₩1037.62 | ₩1410.00 | x |
| 2018-12-31 | ₩984.46 | ₩1410.00 | x |
| 2019-12-31 | ₩994.22 | ₩1410.00 | x |
| 2020-12-31 | ₩786.46 | ₩1410.00 | x |
| 2021-12-31 | ₩1000.76 | ₩1410.00 | x |
| 2022-12-31 | ₩1300.04 | ₩1410.00 | x |
| 2023-12-31 | ₩1222.39 | ₩1410.00 | x |
| 2024-12-31 | ₩1308.01 | ₩1410.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sc Engineering 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): 8.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.07%
- • Asset Turnover: 1.61x
- • Equity Multiplier: 2.44x
- Recent ROE (8.11%) is above the historical average (-15.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 11.76% | 2.12% | 1.12x | 4.95x | ₩725.06 Million |
| 2008 | 14.12% | 1.89% | 0.97x | 7.69x | ₩2.10 Billion |
| 2009 | 9.85% | 1.71% | 1.03x | 5.57x | ₩-85.07 Million |
| 2010 | 2.04% | 0.40% | 0.91x | 5.58x | ₩-4.43 Billion |
| 2013 | -29.89% | -3.69% | 0.80x | 10.10x | ₩-12.51 Billion |
| 2014 | -153.90% | -7.24% | 0.76x | 27.87x | ₩-19.30 Billion |
| 2015 | 11.09% | 0.55% | 1.02x | 19.76x | ₩223.41 Million |
| 2016 | -63.87% | -4.83% | 0.76x | 17.28x | ₩-17.35 Billion |
| 2017 | -37.70% | -3.41% | 0.67x | 16.44x | ₩-10.85 Billion |
| 2018 | -1.03% | -0.10% | 0.68x | 14.90x | ₩-2.72 Billion |
| 2019 | -1.44% | -0.15% | 0.64x | 15.03x | ₩-2.85 Billion |
| 2020 | -5.73% | -1.55% | 1.06x | 3.49x | ₩-3.09 Billion |
| 2021 | -24.55% | -10.10% | 0.65x | 3.74x | ₩-10.76 Billion |
| 2022 | 13.22% | 3.91% | 1.29x | 2.62x | ₩1.31 Billion |
| 2023 | -6.06% | -1.74% | 1.37x | 2.54x | ₩-6.27 Billion |
| 2024 | 8.11% | 2.07% | 1.61x | 2.44x | ₩-867.91 Million |
Industry Comparison
This section compares Sc Engineering's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $592,924,975,703
- Average return on equity (ROE) among peers: 10.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sc Engineering (023960) | ₩43.68 Billion | 11.76% | 1.59x | $25.15 Million |
| Hyundai Engineering & Construction (000720) | $4.76 Trillion | 10.72% | 1.68x | $4.83 Billion |
| Nam Kwang Cons (001260) | $-65.69 Billion | 0.00% | 0.00x | $22.77 Million |
| Sambu Const (001470) | $325.20 Billion | 8.72% | 1.46x | $52.59 Million |
| EE-HWA Construction Co. Ltd (001840) | $42.72 Billion | 0.63% | 1.00x | $11.71 Million |
| Dohwa Engin (002150) | $74.63 Billion | 22.70% | 0.41x | $63.30 Million |
| Bumyang Construction Co Ltd (002410) | $70.00 Billion | 28.17% | 0.98x | $28.08 Million |
| Hwa Sung Ind (002460) | $326.77 Billion | 0.00% | 1.15x | $49.32 Million |
| Chin Hung Int' (002780) | $109.89 Billion | -15.99% | 3.02x | $40.98 Million |
| Chinhung International Inc (002785) | $118.85 Billion | 17.16% | 1.38x | $177.63 Million |
| Chinhung International Inc. Pfd. Series 2 (002787) | $170.95 Billion | 31.24% | 0.96x | $432.74 Million |