Sejong Industrial
Sjg Sejong Co.,Ltd engages in the research and development, production, and supply of automotive parts in South Korea and internationally. The company offers exhaust systems, including exhaust manifold, catalytic converter, selective catalytic reduction (SCR), sub resonator, and main resonator products for passenger and commercial vehicles. It also provides electronic devices, such as hydrogen se… Read more
Sejong Industrial (033530) - Net Assets
Latest net assets as of September 2025: ₩522.46 Billion KRW
Based on the latest financial reports, Sejong Industrial (033530) has net assets worth ₩522.46 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 (₩1.36 Trillion) and total liabilities (₩836.06 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 | ₩522.46 Billion |
| % of Total Assets | 38.46% |
| Annual Growth Rate | 7.61% |
| 5-Year Change | 18.35% |
| 10-Year Change | 16.8% |
| Growth Volatility | 8.19 |
Sejong Industrial - Net Assets Trend (2004–2024)
This chart illustrates how Sejong Industrial's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sejong Industrial (2004–2024)
The table below shows the annual net assets of Sejong Industrial from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩459.33 Billion | +11.52% |
| 2023-12-31 | ₩411.89 Billion | +2.61% |
| 2022-12-31 | ₩401.40 Billion | -0.38% |
| 2021-12-31 | ₩402.93 Billion | +3.81% |
| 2020-12-31 | ₩388.12 Billion | +1.82% |
| 2019-12-31 | ₩381.20 Billion | +5.49% |
| 2018-12-31 | ₩361.36 Billion | -5.11% |
| 2017-12-31 | ₩380.84 Billion | -4.66% |
| 2016-12-31 | ₩399.44 Billion | +1.57% |
| 2015-12-31 | ₩393.25 Billion | +3.85% |
| 2014-12-31 | ₩378.68 Billion | +6.30% |
| 2013-12-31 | ₩356.22 Billion | +15.31% |
| 2012-12-31 | ₩308.94 Billion | +12.36% |
| 2011-12-31 | ₩274.96 Billion | +18.32% |
| 2010-12-31 | ₩232.38 Billion | +23.47% |
| 2009-12-31 | ₩188.21 Billion | +19.56% |
| 2008-12-31 | ₩157.41 Billion | -0.61% |
| 2007-12-31 | ₩158.38 Billion | +16.93% |
| 2006-12-31 | ₩135.46 Billion | +10.36% |
| 2005-12-31 | ₩122.74 Billion | +15.89% |
| 2004-12-31 | ₩105.91 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sejong Industrial'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 36325131657000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩363.25 Billion | 79.61% |
| Other Components | ₩93.04 Billion | 20.39% |
| Total Equity | ₩456.30 Billion | 100.00% |
Sejong Industrial Competitors by Market Cap
The table below lists competitors of Sejong Industrial ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NORDHEALTH AS NK 1
F:6E5
|
$87.11 Million |
|
AeroSpace Technology of Korea
KQ:067390
|
$87.13 Million |
|
Montauk Renewables Inc
NASDAQ:MNTK
|
$87.23 Million |
|
FRONTIER DEVELOP. LS -05
F:5FD
|
$87.25 Million |
|
SK Growth Opportunities Corporation
NASDAQ:SKGR
|
$87.04 Million |
|
Han Shin Mach
KO:011700
|
$87.00 Million |
|
Hurco Companies Inc
NASDAQ:HURC
|
$86.94 Million |
|
Mediantechn
PA:ALMDT
|
$86.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sejong Industrial's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 412,349,021,650 to 456,295,527,760, a change of 43,946,506,110 (10.7%).
- Net income of 33,744,878,380 contributed positively to equity growth.
- Dividend payments of 4,057,844,850 reduced retained earnings.
- Other factors increased equity by 14,259,472,580.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩33.74 Billion | +7.4% |
| Dividends Paid | ₩4.06 Billion | -0.89% |
| Other Changes | ₩14.26 Billion | +3.13% |
| Total Change | ₩- | 10.66% |
Book Value vs Market Value Analysis
This analysis compares Sejong Industrial'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: 0.51x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩19652.59 | ₩8580.00 | x |
| 2018-12-31 | ₩18303.43 | ₩8580.00 | x |
| 2019-12-31 | ₩17220.52 | ₩8580.00 | x |
| 2020-12-31 | ₩14390.60 | ₩8580.00 | x |
| 2021-12-31 | ₩14814.31 | ₩8580.00 | x |
| 2022-12-31 | ₩14878.29 | ₩8580.00 | x |
| 2023-12-31 | ₩15242.66 | ₩8580.00 | x |
| 2024-12-31 | ₩16867.16 | ₩8580.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sejong Industrial 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): 7.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.86%
- • Asset Turnover: 1.46x
- • Equity Multiplier: 2.72x
- Recent ROE (7.40%) is above the historical average (6.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 8.49% | 3.54% | 1.47x | 1.63x | ₩-1.60 Billion |
| 2005 | 8.60% | 2.79% | 1.90x | 1.62x | ₩-1.72 Billion |
| 2006 | 11.31% | 4.03% | 1.63x | 1.73x | ₩1.78 Billion |
| 2007 | 7.87% | 2.90% | 1.68x | 1.62x | ₩-3.38 Billion |
| 2008 | 9.05% | 2.76% | 1.88x | 1.75x | ₩-1.49 Billion |
| 2009 | 20.45% | 6.60% | 1.54x | 2.02x | ₩19.67 Billion |
| 2010 | 20.44% | 7.70% | 1.31x | 2.03x | ₩24.26 Billion |
| 2011 | 15.30% | 4.49% | 1.47x | 2.32x | ₩14.56 Billion |
| 2012 | 14.64% | 4.44% | 1.52x | 2.17x | ₩14.34 Billion |
| 2013 | 13.20% | 4.25% | 1.57x | 1.98x | ₩11.26 Billion |
| 2014 | 7.01% | 2.37% | 1.30x | 2.28x | ₩-11.25 Billion |
| 2015 | 5.77% | 1.88% | 1.31x | 2.34x | ₩-16.55 Billion |
| 2016 | 3.63% | 1.25% | 1.21x | 2.40x | ₩-25.28 Billion |
| 2017 | -1.97% | -0.72% | 1.15x | 2.38x | ₩-45.24 Billion |
| 2018 | -5.35% | -1.74% | 1.26x | 2.43x | ₩-55.00 Billion |
| 2019 | 1.49% | 0.46% | 1.23x | 2.67x | ₩-31.77 Billion |
| 2020 | -4.60% | -1.51% | 1.02x | 2.99x | ₩-56.58 Billion |
| 2021 | -2.13% | -0.54% | 1.35x | 2.94x | ₩-48.60 Billion |
| 2022 | 0.43% | 0.09% | 1.62x | 2.86x | ₩-38.53 Billion |
| 2023 | 0.98% | 0.22% | 1.56x | 2.79x | ₩-37.21 Billion |
| 2024 | 7.40% | 1.86% | 1.46x | 2.72x | ₩-11.88 Billion |
Industry Comparison
This section compares Sejong Industrial's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $352,644,129,055
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sejong Industrial (033530) | ₩522.46 Billion | 8.49% | 1.60x | $87.06 Million |
| Daewonkangup (000430) | $587.30 Billion | 2.73% | 0.78x | $58.61 Million |
| SG Choongbang Co Ltd (001380) | $122.98 Billion | -4.51% | 0.52x | $17.60 Million |
| Tae Won Mulsan (001420) | $31.33 Billion | 0.26% | 0.19x | $5.77 Million |
| Dongkook Ind (001620) | $68.65 Billion | 0.00% | 0.75x | $25.09 Million |
| PS Tec. Co. Ltd (002230) | $75.04 Billion | 10.41% | 0.34x | $43.72 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $173.78 Million |
| Nexen Tire Prf 1 (002355) | $1.03 Trillion | 12.11% | 1.50x | $102.95 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $13.11 Million |
| Yoo Sung Ent (002920) | $295.14 Billion | -1.60% | 0.39x | $17.59 Million |
| Chin Yang Ind (003780) | $57.01 Billion | 14.90% | 0.58x | $24.34 Million |