SK Holdings Co Ltd (034730) - Net Assets
Based on the latest financial reports, SK Holdings Co Ltd (034730) has net assets worth ₩97.04 Trillion KRW (≈ $65.76 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩228.77 Trillion ≈ $155.03 Billion USD) and total liabilities (₩131.73 Trillion ≈ $89.27 Billion 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 how tangible is SK Holdings Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩97.04 Trillion |
| % of Total Assets | 42.42% |
| Annual Growth Rate | 7.53% |
| 5-Year Change | 30.7% |
| 10-Year Change | 102.45% |
| Growth Volatility | 349.34 |
SK Holdings Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how SK Holdings Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of SK Holdings Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for SK Holdings Co Ltd (2009–2025)
The table below shows the annual net assets of SK Holdings Co Ltd from 2009 to 2025. For live valuation and market cap data, see SK Holdings Co Ltd (034730) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩85.69 Trillion ≈ $58.07 Billion |
+6.73% |
| 2024-12-31 | ₩80.29 Trillion ≈ $54.41 Billion |
+3.09% |
| 2023-12-31 | ₩77.88 Trillion ≈ $52.78 Billion |
+8.45% |
| 2022-12-31 | ₩71.81 Trillion ≈ $48.66 Billion |
+9.52% |
| 2021-12-31 | ₩65.57 Trillion ≈ $44.43 Billion |
+26.43% |
| 2020-12-31 | ₩51.86 Trillion ≈ $35.14 Billion |
-0.62% |
| 2019-12-31 | ₩52.18 Trillion ≈ $35.36 Billion |
+2.54% |
| 2018-12-31 | ₩50.89 Trillion ≈ $34.49 Billion |
+11.21% |
| 2017-12-31 | ₩45.76 Trillion ≈ $31.01 Billion |
+8.10% |
| 2016-12-31 | ₩42.33 Trillion ≈ $28.68 Billion |
+5.61% |
| 2015-12-31 | ₩40.08 Trillion ≈ $27.16 Billion |
+1440.03% |
| 2014-12-31 | ₩2.60 Trillion ≈ $1.76 Billion |
+14.11% |
| 2013-12-31 | ₩2.28 Trillion ≈ $1.55 Billion |
+1.95% |
| 2012-12-31 | ₩2.24 Trillion ≈ $1.52 Billion |
-0.91% |
| 2011-12-31 | ₩2.26 Trillion ≈ $1.53 Billion |
-91.77% |
| 2010-12-31 | ₩27.42 Trillion ≈ $18.58 Billion |
+2.28% |
| 2009-12-31 | ₩26.80 Trillion ≈ $18.16 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to SK Holdings Co Ltd'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 1023.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩13.01 Trillion | 51.66% |
| Other Components | ₩12.18 Trillion | 48.34% |
| Total Equity | ₩25.19 Trillion | 100.00% |
SK Holdings Co Ltd Competitors by Market Cap
The table below lists competitors of SK Holdings Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Honda Motor Co. Ltd
F:HDMA
|
$26.21 Billion |
|
Xylem Inc
NYSE:XYL
|
$26.22 Billion |
|
Credicorp Ltd
NYSE:BAP
|
$26.23 Billion |
|
PPG Industries Inc
NYSE:PPG
|
$26.29 Billion |
|
Bank Leumi Le-Israel B.M
TA:LUMI
|
$26.17 Billion |
|
Adani Green Energy Limited
NSE:ADANIGREEN
|
$26.11 Billion |
|
H+M HEN.+MAU.UNSP.ADR 1/5
F:HMSA
|
$26.09 Billion |
|
Curtiss-Wright Corporation
NYSE:CW
|
$26.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SK Holdings Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 25,114,591,000,000 to 25,187,196,000,000, a change of 72,605,000,000 (0.3%).
- Net income of 1,597,498,000,000 contributed positively to equity growth.
- Dividend payments of 1,544,365,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.60 Trillion | +6.34% |
| Dividends Paid | ₩1.54 Trillion | -6.13% |
| Other Changes | ₩19.47 Billion | +0.08% |
| Total Change | ₩- | 0.29% |
Book Value vs Market Value Analysis
This analysis compares SK Holdings Co Ltd'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: 1.53x
- 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 2.89x to 1.53x 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 | ₩244697.55 | ₩708000.00 | x |
| 2018-12-31 | ₩297854.20 | ₩708000.00 | x |
| 2019-12-31 | ₩319013.04 | ₩708000.00 | x |
| 2020-12-31 | ₩333322.12 | ₩708000.00 | x |
| 2021-12-31 | ₩378782.86 | ₩708000.00 | x |
| 2022-12-31 | ₩389758.47 | ₩708000.00 | x |
| 2023-12-31 | ₩375470.73 | ₩708000.00 | x |
| 2024-12-31 | ₩460646.19 | ₩708000.00 | x |
| 2025-12-31 | ₩461963.87 | ₩708000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SK Holdings Co Ltd 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): 6.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.30%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 8.48x
- Recent ROE (6.34%) is below the historical average (10.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 11.46% | 0.17% | 1.09x | 62.41x | ₩17.78 Billion |
| 2010 | 22.01% | 0.29% | 1.15x | 65.82x | ₩145.06 Billion |
| 2011 | 19.41% | 25.75% | 0.37x | 2.05x | ₩212.51 Billion |
| 2012 | 15.92% | 15.89% | 0.44x | 2.29x | ₩132.46 Billion |
| 2013 | 8.28% | 8.21% | 0.46x | 2.19x | ₩-39.14 Billion |
| 2014 | 4.92% | 5.25% | 0.46x | 2.05x | ₩-131.25 Billion |
| 2015 | 42.54% | 13.60% | 0.41x | 7.69x | ₩4.09 Trillion |
| 2016 | 5.84% | 0.92% | 0.81x | 7.86x | ₩-545.66 Billion |
| 2017 | 12.28% | 1.80% | 0.85x | 8.04x | ₩311.42 Billion |
| 2018 | 13.55% | 2.22% | 0.85x | 7.18x | ₩590.37 Billion |
| 2019 | 4.30% | 0.72% | 0.75x | 7.91x | ₩-951.31 Billion |
| 2020 | 1.09% | 0.23% | 0.59x | 7.89x | ₩-1.55 Trillion |
| 2021 | 9.27% | 2.00% | 0.59x | 7.78x | ₩-154.63 Billion |
| 2022 | 5.09% | 0.82% | 0.69x | 9.01x | ₩-1.06 Trillion |
| 2023 | -3.75% | -0.60% | 0.62x | 9.99x | ₩-2.85 Trillion |
| 2024 | -5.15% | -1.05% | 0.57x | 8.56x | ₩-3.80 Trillion |
| 2025 | 6.34% | 1.30% | 0.57x | 8.48x | ₩-921.22 Billion |
Industry Comparison
This section compares SK Holdings Co Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $12,157,424,507,612
- Average return on equity (ROE) among peers: 1.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SK Holdings Co Ltd (034730) | ₩97.04 Trillion | 11.46% | 1.36x | $26.17 Billion |
| Samyang Holdings (000070) | $1.66 Trillion | -1.97% | 0.56x | $300.40 Million |
| Doosan (000150) | $6.10 Trillion | 2.86% | 4.08x | $9.19 Billion |
| Doosan Pref Shs (000155) | $6.82 Trillion | 6.16% | 3.28x | $1.28 Billion |
| Doosan Co Ltd (000157) | $11.21 Trillion | -3.46% | 1.52x | $250.87 Million |
| Hanwha (000880) | $18.26 Trillion | 0.49% | 8.98x | $6.06 Billion |
| Hanwha Corp. Pfd. Series 1 (000885) | $21.05 Trillion | 4.28% | 8.61x | $5.70 Million |
| Hanwha Corp Preferred (00088K) | $21.05 Trillion | 4.28% | 8.61x | $591.85 Million |
| CJ Corp (001040) | $5.69 Trillion | 2.80% | 1.26x | $3.36 Billion |
| Cj Corp Pref (001045) | $11.99 Trillion | 3.87% | 1.45x | $116.66 Million |
| CJ Corp 4P Pref (00104K) | $17.75 Trillion | 0.57% | 1.68x | $480.27 Million |
About SK Holdings Co Ltd
SK Inc., together with its subsidiaries, engages in petroleum refining, telecommunications, wholesale and retail, chemicals, construction, and other businesses in Korea. It is involved in city gas and power generation; gas stations; sale of asphalt; energy business; resource development; LNG business; electricity and other electric wire installation; new regeneration; and hydrogen business. The c… Read more