Sindoh
sindoh Co.,Ltd. manufactures and sells printers, multi-functional machines, and office solutions in Korea and internationally. It offers digital color and mono multi-function printers; color and mono laser printers; and 3D printers. sindoh Co.,Ltd. was founded in 1960 and is based in Seoul, South Korea.
Sindoh (029530) - Net Assets
Latest net assets as of September 2025: ₩1.06 Trillion KRW
Based on the latest financial reports, Sindoh (029530) has net assets worth ₩1.06 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.13 Trillion) and total liabilities (₩68.76 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 | ₩1.06 Trillion |
| % of Total Assets | 93.92% |
| Annual Growth Rate | 4.91% |
| 5-Year Change | 25.43% |
| 10-Year Change | 29.75% |
| Growth Volatility | 6.1 |
Sindoh - Net Assets Trend (2000–2024)
This chart illustrates how Sindoh's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sindoh (2000–2024)
The table below shows the annual net assets of Sindoh from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.06 Trillion | +7.37% |
| 2023-12-31 | ₩991.23 Billion | +3.93% |
| 2022-12-31 | ₩953.71 Billion | +0.53% |
| 2021-12-31 | ₩948.67 Billion | +11.80% |
| 2020-12-31 | ₩848.52 Billion | -2.54% |
| 2019-12-31 | ₩870.64 Billion | -0.11% |
| 2018-12-31 | ₩871.56 Billion | +1.84% |
| 2017-12-31 | ₩855.85 Billion | +1.74% |
| 2016-12-31 | ₩841.18 Billion | +2.55% |
| 2015-12-31 | ₩820.24 Billion | +0.04% |
| 2014-12-31 | ₩819.94 Billion | -0.45% |
| 2013-12-31 | ₩823.65 Billion | -3.56% |
| 2012-12-31 | ₩854.04 Billion | +1.83% |
| 2011-12-31 | ₩838.72 Billion | +8.05% |
| 2010-12-31 | ₩776.22 Billion | +7.30% |
| 2009-12-31 | ₩723.44 Billion | +4.35% |
| 2008-12-31 | ₩693.30 Billion | +7.18% |
| 2007-12-31 | ₩646.89 Billion | +9.50% |
| 2006-12-31 | ₩590.78 Billion | +4.08% |
| 2005-12-31 | ₩567.60 Billion | +3.06% |
| 2004-12-31 | ₩550.77 Billion | +4.50% |
| 2003-12-31 | ₩527.07 Billion | +18.74% |
| 2002-12-31 | ₩443.87 Billion | +6.77% |
| 2001-12-31 | ₩415.71 Billion | +23.33% |
| 2000-12-31 | ₩337.07 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sindoh'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 92681405725000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩926.81 Billion | 87.08% |
| Other Components | ₩137.47 Billion | 12.92% |
| Total Equity | ₩1.06 Trillion | 100.00% |
Sindoh Competitors by Market Cap
The table below lists competitors of Sindoh ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medeon Biodesign
TWO:6499
|
$139.55 Million |
|
Stoneridge Inc
NYSE:SRI
|
$139.55 Million |
|
TVS Srichakra Limited
NSE:TVSSRICHAK
|
$139.59 Million |
|
Fireweed Zinc Ltd
OTCQX:FWEDF
|
$139.60 Million |
|
WildBrain Ltd
PINK:WLDBF
|
$139.54 Million |
|
EPC Groupe
PA:EXPL
|
$139.39 Million |
|
Willow Lane Acquisition Corp. Unit
NASDAQ:WLACU
|
$139.38 Million |
|
Hangzhou Seck Intelligent Tech Co
SHE:300897
|
$139.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sindoh's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 991,227,588,170 to 1,064,287,620,240, a change of 73,060,032,070 (7.4%).
- Net income of 73,194,606,390 contributed positively to equity growth.
- Dividend payments of 12,934,168,500 reduced retained earnings.
- Other factors increased equity by 12,799,594,180.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩73.19 Billion | +6.88% |
| Dividends Paid | ₩12.93 Billion | -1.22% |
| Other Changes | ₩12.80 Billion | +1.2% |
| Total Change | ₩- | 7.37% |
Book Value vs Market Value Analysis
This analysis compares Sindoh'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: 0.44x
- 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 0.63x to 0.44x 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 | ₩87045.25 | ₩54800.00 | x |
| 2018-12-31 | ₩88642.99 | ₩54800.00 | x |
| 2019-12-31 | ₩88549.44 | ₩54800.00 | x |
| 2020-12-31 | ₩86464.17 | ₩54800.00 | x |
| 2021-12-31 | ₩99308.05 | ₩54800.00 | x |
| 2022-12-31 | ₩109944.88 | ₩54800.00 | x |
| 2023-12-31 | ₩114954.54 | ₩54800.00 | x |
| 2024-12-31 | ₩123427.45 | ₩54800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sindoh 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): 6.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.47%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.07x
- Recent ROE (6.88%) is above the historical average (6.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 12.09% | 13.38% | 0.75x | 1.20x | ₩6.91 Billion |
| 2001 | 11.99% | 14.17% | 0.69x | 1.23x | ₩8.13 Billion |
| 2002 | 14.41% | 12.20% | 0.95x | 1.25x | ₩19.25 Billion |
| 2003 | 12.28% | 10.21% | 0.97x | 1.24x | ₩11.76 Billion |
| 2004 | 9.15% | 7.51% | 1.03x | 1.19x | ₩-4.57 Billion |
| 2005 | 6.33% | 5.07% | 1.03x | 1.21x | ₩-20.17 Billion |
| 2006 | 8.15% | 7.68% | 0.88x | 1.21x | ₩-10.58 Billion |
| 2007 | 10.52% | 9.75% | 0.87x | 1.24x | ₩3.22 Billion |
| 2008 | 10.13% | 10.60% | 0.77x | 1.25x | ₩880.40 Million |
| 2009 | 8.10% | 8.91% | 0.76x | 1.20x | ₩-13.27 Billion |
| 2010 | 8.76% | 9.33% | 0.79x | 1.19x | ₩-9.20 Billion |
| 2011 | 8.24% | 8.83% | 0.77x | 1.22x | ₩-14.21 Billion |
| 2012 | 6.24% | 6.75% | 0.78x | 1.18x | ₩-30.82 Billion |
| 2013 | 3.19% | 4.99% | 0.57x | 1.12x | ₩-56.05 Billion |
| 2014 | 2.09% | 3.57% | 0.52x | 1.12x | ₩-64.88 Billion |
| 2015 | 1.14% | 1.87% | 0.54x | 1.13x | ₩-72.67 Billion |
| 2016 | 3.78% | 6.27% | 0.54x | 1.11x | ₩-52.33 Billion |
| 2017 | 3.70% | 5.67% | 0.59x | 1.10x | ₩-53.91 Billion |
| 2018 | 4.02% | 6.28% | 0.59x | 1.09x | ₩-52.12 Billion |
| 2019 | 1.66% | 3.39% | 0.45x | 1.09x | ₩-72.58 Billion |
| 2020 | -1.58% | -3.99% | 0.37x | 1.08x | ₩-98.27 Billion |
| 2021 | 10.06% | 29.65% | 0.31x | 1.08x | ₩570.71 Million |
| 2022 | 4.72% | 11.90% | 0.36x | 1.09x | ₩-50.35 Billion |
| 2023 | 5.55% | 13.66% | 0.37x | 1.09x | ₩-44.14 Billion |
| 2024 | 6.88% | 21.47% | 0.30x | 1.07x | ₩-33.23 Billion |
Industry Comparison
This section compares Sindoh's net assets metrics with peer companies in the Business Equipment & Supplies industry.
Industry Context
- Industry: Business Equipment & Supplies
- Average net assets among peers: $26,556,276,960
- Average return on equity (ROE) among peers: -33.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sindoh (029530) | ₩1.06 Trillion | 12.09% | 0.06x | $139.55 Million |
| VT GMP Co.Ltd (018290) | $25.71 Billion | -56.20% | 1.88x | $222.74 Million |
| Duoback Co. Ltd (073190) | $27.40 Billion | -10.40% | 0.19x | $3.47 Million |