Sc Engineering (023960) - Net Assets
Based on the latest financial reports, Sc Engineering (023960) has net assets worth ₩39.99 Billion KRW (≈ $27.10 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩111.81 Billion ≈ $75.77 Million USD) and total liabilities (₩71.82 Billion ≈ $48.67 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 023960 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩39.99 Billion |
| % of Total Assets | 35.76% |
| Annual Growth Rate | -4.53% |
| 5-Year Change | 6.02% |
| 10-Year Change | -71.02% |
| Growth Volatility | 44.38 |
Sc Engineering - Net Assets Trend (2007–2025)
This chart illustrates how Sc Engineering's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 023960 market cap.
Annual Net Assets for Sc Engineering (2007–2025)
The table below shows the annual net assets of Sc Engineering from 2007 to 2025. Also explore net asset growth rate of Sc Engineering to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩47.22 Billion ≈ $32.00 Million |
+2.98% |
| 2024-12-31 | ₩45.86 Billion ≈ $31.08 Million |
+17.48% |
| 2023-12-31 | ₩39.03 Billion ≈ $26.45 Million |
-3.92% |
| 2022-12-31 | ₩40.63 Billion ≈ $27.53 Million |
-8.79% |
| 2021-12-31 | ₩44.54 Billion ≈ $30.18 Million |
+126.39% |
| 2020-12-31 | ₩19.67 Billion ≈ $13.33 Million |
-87.33% |
| 2019-12-31 | ₩155.31 Billion ≈ $105.25 Million |
+6.92% |
| 2018-12-31 | ₩145.26 Billion ≈ $98.44 Million |
-8.18% |
| 2017-12-31 | ₩158.20 Billion ≈ $107.21 Million |
-2.91% |
| 2016-12-31 | ₩162.95 Billion ≈ $110.43 Million |
+39.48% |
| 2015-12-31 | ₩116.83 Billion ≈ $79.17 Million |
+86.58% |
| 2014-12-31 | ₩62.62 Billion ≈ $42.43 Million |
-33.98% |
| 2013-12-31 | ₩94.84 Billion ≈ $64.27 Million |
-21.10% |
| 2012-12-31 | ₩120.20 Billion ≈ $81.46 Million |
-4.13% |
| 2011-12-31 | ₩125.38 Billion ≈ $84.97 Million |
-14.24% |
| 2010-12-31 | ₩146.20 Billion ≈ $99.08 Million |
-0.02% |
| 2009-12-31 | ₩146.23 Billion ≈ $99.10 Million |
-2.03% |
| 2008-12-31 | ₩149.26 Billion ≈ $101.15 Million |
+37.31% |
| 2007-12-31 | ₩108.70 Billion ≈ $73.67 Million |
-- |
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 3270872864000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩79.93 Billion | 169.27% |
| Total Equity | ₩47.22 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 |
|---|---|
|
BayWa Aktiengesellschaft
F:BYW
|
$26.94 Million |
|
Electro-Sensors Inc
NASDAQ:ELSE
|
$26.95 Million |
|
PolTREG S.A.
WAR:PTG
|
$26.95 Million |
|
YSX Tech. Co., Ltd Class A Ordinary Shares
NASDAQ:YSXT
|
$26.95 Million |
|
System1 Inc
NYSE:SST
|
$26.92 Million |
|
Gurktaler AG ST
VI:GAGS
|
$26.92 Million |
|
Champ Resto Indonesia PT
JK:ENAK
|
$26.92 Million |
|
Strategic Metals Ltd
V:SMD
|
$26.91 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 2024 to 2025, total equity changed from 45,856,905,570 to 47,221,934,950, a change of 1,365,029,380 (3.0%).
- Net loss of 4,751,050,650 reduced equity.
- Other factors increased equity by 6,116,080,030.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-4.75 Billion | -10.06% |
| Other Changes | ₩6.12 Billion | +12.95% |
| Total Change | ₩- | 2.98% |
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: 0.84x
- 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 1.01x to 0.84x 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 | ₩1045.00 | x |
| 2018-12-31 | ₩984.46 | ₩1045.00 | x |
| 2019-12-31 | ₩994.22 | ₩1045.00 | x |
| 2020-12-31 | ₩786.46 | ₩1045.00 | x |
| 2021-12-31 | ₩1000.76 | ₩1045.00 | x |
| 2022-12-31 | ₩1300.04 | ₩1045.00 | x |
| 2023-12-31 | ₩1222.39 | ₩1045.00 | x |
| 2024-12-31 | ₩1308.01 | ₩1045.00 | x |
| 2025-12-31 | ₩1241.51 | ₩1045.00 | 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): -10.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.76%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 2.89x
- Recent ROE (-10.06%) is above the historical average (-15.53%), 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 |
| 2025 | -10.06% | -2.76% | 1.26x | 2.89x | ₩-9.47 Billion |
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: $1,880,072,691,983
- Average return on equity (ROE) among peers: 4.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sc Engineering (023960) | ₩39.99 Billion | 11.76% | 1.80x | $26.94 Million |
| Hyundai Engineering & Construction (000720) | $8.29 Trillion | 4.60% | 1.18x | $9.42 Billion |
| Hyundai Engineering & Construction Co Ltd (000725) | $9.43 Trillion | 4.32% | 1.08x | $37.81 Million |
| Nam Kwang Cons (001260) | $66.30 Billion | 20.76% | 2.08x | $50.73 Million |
| Sambu Const (001470) | $383.71 Billion | -71.27% | 4.78x | $54.01 Million |
| Dohwa Engin (002150) | $115.53 Billion | 20.71% | 0.38x | $114.63 Million |
| Bumyang Construction Co Ltd (002410) | $50.15 Billion | 10.82% | 1.36x | $36.03 Million |
| Hwa Sung Ind (002460) | $184.09 Billion | 3.05% | 2.98x | $71.29 Million |
| Chin Hung Int' (002780) | $-10.01 Billion | 0.00% | 0.00x | $681.93 Million |
| Chinhung International Inc (002785) | $118.85 Billion | 17.16% | 1.38x | $6.11 Million |
| Chinhung International Inc. Pfd. Series 2 (002787) | $170.95 Billion | 31.24% | 0.96x | $3.34 Million |
About 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