SK Innovation Co Ltd Pref
SK Innovation Co., Ltd., together with its subsidiaries, engages in the development, production, and sale of petroleum, natural gas, petrochemical, lubricants, and base oil products. It operates in six segments: Petroleum and Petrochemicals, Lubricants, Battery and LiBS , E&P, E&S and Others. The company is also involved in insurance, power, district energy, renewable, city gas, LNG, manufacturin… Read more
SK Innovation Co Ltd Pref (096775) - Net Assets
Latest net assets as of September 2025: ₩38.80 Trillion KRW
Based on the latest financial reports, SK Innovation Co Ltd Pref (096775) has net assets worth ₩38.80 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 (₩107.90 Trillion) and total liabilities (₩69.10 Trillion). 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 | ₩38.80 Trillion |
| % of Total Assets | 35.96% |
| Annual Growth Rate | 9.46% |
| 5-Year Change | 156.49% |
| 10-Year Change | 132.59% |
| Growth Volatility | 14.94 |
SK Innovation Co Ltd Pref - Net Assets Trend (2014–2024)
This chart illustrates how SK Innovation Co Ltd Pref's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SK Innovation Co Ltd Pref (2014–2024)
The table below shows the annual net assets of SK Innovation Co Ltd Pref from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩39.65 Trillion | +32.08% |
| 2023-12-31 | ₩30.02 Trillion | +29.16% |
| 2022-12-31 | ₩23.24 Trillion | +18.38% |
| 2021-12-31 | ₩19.63 Trillion | +27.01% |
| 2020-12-31 | ₩15.46 Trillion | -15.11% |
| 2019-12-31 | ₩18.21 Trillion | -5.79% |
| 2018-12-31 | ₩19.33 Trillion | +0.10% |
| 2017-12-31 | ₩19.31 Trillion | +5.49% |
| 2016-12-31 | ₩18.31 Trillion | +7.38% |
| 2015-12-31 | ₩17.05 Trillion | +6.13% |
| 2014-12-31 | ₩16.06 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SK Innovation Co Ltd Pref'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 4.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩8.23 Trillion | 33.40% |
| Other Components | ₩16.41 Trillion | 66.60% |
| Total Equity | ₩24.64 Trillion | 100.00% |
SK Innovation Co Ltd Pref Competitors by Market Cap
The table below lists competitors of SK Innovation Co Ltd Pref ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TERNS PHARMACEUT.DL-0001
F:430
|
$3.27 Billion |
|
RIT CAP. PARTNERS LS 1
F:1IH
|
$3.27 Billion |
|
Tegna Inc
NYSE:TGNA
|
$3.27 Billion |
|
Denison Mines Corp
NYSE MKT:DNN
|
$3.27 Billion |
|
Industrias CH S. A. B. de C. V
PINK:ICHBF
|
$3.27 Billion |
|
Ubiquiti Networks Inc
NYSE:UI
|
$3.27 Billion |
|
Delivery Hero AG
LSE:0RTC
|
$3.27 Billion |
|
Yes Bank Limited
NSE:YESBANK
|
$3.26 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SK Innovation Co Ltd Pref's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,202,714,489,000 to 24,641,444,950,000, a change of 2,438,730,461,000 (11.0%).
- Net loss of 2,259,957,140,000 reduced equity.
- Dividend payments of 313,663,876,000 reduced retained earnings.
- Share repurchases of 335,110,914,000 reduced equity.
- New share issuances of 490,327,000 increased equity.
- Other factors increased equity by 5,346,972,064,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-2.26 Trillion | -9.17% |
| Dividends Paid | ₩313.66 Billion | -1.27% |
| Share Repurchases | ₩335.11 Billion | -1.36% |
| Share Issuances | ₩490.33 Million | +0.0% |
| Other Changes | ₩5.35 Trillion | +21.7% |
| Total Change | ₩- | 10.98% |
Book Value vs Market Value Analysis
This analysis compares SK Innovation Co Ltd Pref'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: 0.42x
- 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 | ₩196703.44 | ₩69600.00 | x |
| 2018-12-31 | ₩208414.60 | ₩69600.00 | x |
| 2019-12-31 | ₩200866.98 | ₩69600.00 | x |
| 2020-12-31 | ₩176594.41 | ₩69600.00 | x |
| 2021-12-31 | ₩206117.37 | ₩69600.00 | x |
| 2022-12-31 | ₩222380.69 | ₩69600.00 | x |
| 2023-12-31 | ₩233186.46 | ₩69600.00 | x |
| 2024-12-31 | ₩165656.32 | ₩69600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SK Innovation Co Ltd Pref 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): -9.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.02%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 4.49x
- Recent ROE (-9.17%) is below the historical average (1.66%), 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 | -3.93% | -0.89% | 1.88x | 2.34x | ₩-2.09 Trillion |
| 2015 | 5.13% | 1.69% | 1.54x | 1.97x | ₩-773.42 Billion |
| 2016 | 9.77% | 4.23% | 1.21x | 1.90x | ₩-38.98 Billion |
| 2017 | 11.63% | 4.55% | 1.35x | 1.89x | ₩295.19 Billion |
| 2018 | 9.11% | 3.03% | 1.51x | 1.99x | ₩-160.97 Billion |
| 2019 | -0.20% | -0.07% | 1.26x | 2.26x | ₩-1.78 Trillion |
| 2020 | -14.94% | -6.36% | 0.89x | 2.65x | ₩-3.63 Trillion |
| 2021 | 1.76% | 0.65% | 0.95x | 2.86x | ₩-1.43 Trillion |
| 2022 | 7.98% | 2.01% | 1.16x | 3.42x | ₩-396.14 Billion |
| 2023 | 1.15% | 0.33% | 0.96x | 3.64x | ₩-1.96 Trillion |
| 2024 | -9.17% | -3.02% | 0.68x | 4.49x | ₩-4.72 Trillion |
Industry Comparison
This section compares SK Innovation Co Ltd Pref's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $2,309,195,141,782
- Average return on equity (ROE) among peers: 10.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SK Innovation Co Ltd Pref (096775) | ₩38.80 Trillion | -3.93% | 1.78x | $3.27 Billion |
| Hankook Shell Oil (002960) | $109.55 Billion | 26.51% | 0.51x | $218.00 Million |
| Mi Chang Oil (003650) | $247.93 Billion | 5.03% | 0.13x | $49.26 Million |
| SK Discovery Co Ltd (006120) | $2.32 Trillion | 3.05% | 1.07x | $350.67 Million |
| S-Oil Corp (010950) | $6.39 Trillion | 18.86% | 1.18x | $3.21 Billion |
| The LEADCORP Inc (012700) | $429.69 Billion | 9.35% | 2.14x | $30.27 Million |
| E1 Corporation (017940) | $1.25 Trillion | 6.75% | 1.77x | $176.15 Million |
| Sk Gas (018670) | $1.71 Trillion | 9.95% | 1.38x | $355.45 Million |
| SK Innovation (096770) | $7.67 Trillion | 11.55% | 2.25x | $5.14 Billion |
| Daesung Ind (128820) | $654.40 Billion | 1.93% | 2.11x | $103.47 Million |