Sejin Heavy Industries Co Ltd (075580) - Net Assets
Based on the latest financial reports, Sejin Heavy Industries Co Ltd (075580) has net assets worth ₩267.89 Billion KRW (≈ $181.54 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩641.49 Billion ≈ $434.73 Million USD) and total liabilities (₩373.61 Billion ≈ $253.19 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 Sejin Heavy Industries Co Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩267.89 Billion |
| % of Total Assets | 41.76% |
| Annual Growth Rate | 6.12% |
| 5-Year Change | 54.74% |
| 10-Year Change | 46.49% |
| Growth Volatility | 10.21 |
Sejin Heavy Industries Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Sejin Heavy Industries Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 075580 market cap.
Annual Net Assets for Sejin Heavy Industries Co Ltd (2014–2024)
The table below shows the annual net assets of Sejin Heavy Industries Co Ltd from 2014 to 2024. Also explore how fast is Sejin Heavy Industries Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩249.39 Billion ≈ $169.01 Million |
+7.64% |
| 2023-12-31 | ₩231.69 Billion ≈ $157.01 Million |
+10.67% |
| 2022-12-31 | ₩209.35 Billion ≈ $141.87 Million |
+3.03% |
| 2021-12-31 | ₩203.19 Billion ≈ $137.70 Million |
+26.08% |
| 2020-12-31 | ₩161.16 Billion ≈ $109.22 Million |
-0.72% |
| 2019-12-31 | ₩162.33 Billion ≈ $110.01 Million |
+2.50% |
| 2018-12-31 | ₩158.37 Billion ≈ $107.32 Million |
+0.86% |
| 2017-12-31 | ₩157.01 Billion ≈ $106.40 Million |
-0.87% |
| 2016-12-31 | ₩158.39 Billion ≈ $107.34 Million |
-6.96% |
| 2015-12-31 | ₩170.24 Billion ≈ $115.37 Million |
+23.62% |
| 2014-12-31 | ₩137.71 Billion ≈ $93.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sejin Heavy Industries 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 50.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩147.16 Billion | 78.37% |
| Other Components | ₩40.62 Billion | 21.63% |
| Total Equity | ₩187.78 Billion | 100.00% |
Sejin Heavy Industries Co Ltd Competitors by Market Cap
The table below lists competitors of Sejin Heavy Industries Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Egetis Therapeutics AB (publ)
ST:EGTX
|
$400.29 Million |
|
Parpro Corp
TW:4916
|
$400.41 Million |
|
Wei Long Grape Wine Co Ltd
SHG:603779
|
$400.42 Million |
|
Tus-Sound Environmental Resources Co Ltd
SHE:000826
|
$400.46 Million |
|
Hubei Yingtong Telecommunication Cable Co Ltd
SHE:002861
|
$400.17 Million |
|
Canopy Growth Corp
TO:WEED
|
$400.05 Million |
|
Henan Qingshuiyuan Technology Co Ltd
SHE:300437
|
$400.03 Million |
|
Jiang Su Wujin Stainless Steel Pipe Group Co Ltd
SHG:603878
|
$399.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sejin Heavy Industries Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 180,743,612,260 to 187,779,700,590, a change of 7,036,088,330 (3.9%).
- Net income of 11,350,707,860 contributed positively to equity growth.
- Dividend payments of 10,979,554,800 reduced retained earnings.
- Share repurchases of 281,628,410 reduced equity.
- New share issuances of 10,162,102,520 increased equity.
- Other factors decreased equity by 3,215,538,840.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩11.35 Billion | +6.04% |
| Dividends Paid | ₩10.98 Billion | -5.85% |
| Share Repurchases | ₩281.63 Million | -0.15% |
| Share Issuances | ₩10.16 Billion | +5.41% |
| Other Changes | ₩-3.22 Billion | -1.71% |
| Total Change | ₩- | 3.89% |
Book Value vs Market Value Analysis
This analysis compares Sejin Heavy Industries 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: 3.15x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3.81x to 3.15x 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 | ₩2727.84 | ₩10390.00 | x |
| 2018-12-31 | ₩2698.99 | ₩10390.00 | x |
| 2019-12-31 | ₩2736.81 | ₩10390.00 | x |
| 2020-12-31 | ₩2785.15 | ₩10390.00 | x |
| 2021-12-31 | ₩2982.56 | ₩10390.00 | x |
| 2022-12-31 | ₩2993.02 | ₩10390.00 | x |
| 2023-12-31 | ₩3292.37 | ₩10390.00 | x |
| 2024-12-31 | ₩3303.10 | ₩10390.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sejin Heavy Industries 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): 6.04%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.22%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 3.31x
- Recent ROE (6.04%) is below the historical average (6.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 13.42% | 2.70% | 1.09x | 4.57x | ₩3.90 Billion |
| 2015 | 13.84% | 4.37% | 0.87x | 3.64x | ₩5.50 Billion |
| 2016 | 8.93% | 3.31% | 1.17x | 2.31x | ₩-1.69 Billion |
| 2017 | 1.19% | 0.74% | 0.72x | 2.22x | ₩-13.83 Billion |
| 2018 | 1.14% | 0.81% | 0.59x | 2.37x | ₩-13.77 Billion |
| 2019 | 1.51% | 0.80% | 0.72x | 2.60x | ₩-13.35 Billion |
| 2020 | 1.20% | 0.65% | 0.64x | 2.90x | ₩-13.61 Billion |
| 2021 | 10.02% | 6.54% | 0.44x | 3.49x | ₩29.76 Million |
| 2022 | 7.07% | 2.83% | 0.74x | 3.36x | ₩-4.82 Billion |
| 2023 | 9.47% | 4.45% | 0.71x | 3.01x | ₩-952.64 Million |
| 2024 | 6.04% | 3.22% | 0.57x | 3.31x | ₩-7.43 Billion |
Industry Comparison
This section compares Sejin Heavy Industries Co Ltd's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $4,979,464,301,124
- Average return on equity (ROE) among peers: 5.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sejin Heavy Industries Co Ltd (075580) | ₩267.89 Billion | 13.42% | 1.39x | $400.29 Million |
| Eusu Holdings (000700) | $411.67 Billion | 4.00% | 0.16x | $118.60 Million |
| Heung-A Shipping Co. Ltd. (003280) | $-11.76 Billion | 0.00% | 0.00x | $296.21 Million |
| Korea Line (005880) | $1.85 Trillion | 3.70% | 1.56x | $450.57 Million |
| Hyundai Mipo Dockyard (010620) | $2.11 Trillion | 5.01% | 1.43x | $6.03 Billion |
| HMM Co Ltd (011200) | $27.86 Trillion | 13.58% | 0.22x | $13.26 Billion |
| Pan Ocean Co Ltd (028670) | $2.44 Trillion | 3.22% | 1.47x | $2.13 Billion |
| Kss Line (044450) | $212.13 Billion | 10.91% | 1.57x | $155.61 Million |
About Sejin Heavy Industries Co Ltd
Sejin Heavy Industries Co., Ltd. manufactures and sells shipbuilding equipment in South Korea. It offers deck houses, upper deck units, LPG/LNG cargo tanks, and topside and plant modules, and living quarters for the crew of offshore structures, as well as manufactures floating offshore wind equipment. Sejin Heavy Industries Co., Ltd. was founded in 1999 and is headquartered in Ulsan, South Korea.