Sunjin Net Assets
Sunjin net assets. Based on the latest financial reports, Sunjin (136490) has net assets worth ₩649.88 Billion KRW (≈ $440.42 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.56 Trillion ≈ $1.06 Billion USD) and total liabilities (₩911.65 Billion ≈ $617.81 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. Also explore 136490 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩649.88 Billion |
| % of Total Assets | 41.62% |
| Annual Growth Rate | 12.25% |
| 5-Year Change | 35.44% |
| 10-Year Change | 198.78% |
| Growth Volatility | 19.24 |
Net Assets of Sunjin (2013–2025)
Net assets of Sunjin from 2013 to 2025. This chart illustrates how Sunjin's net assets have evolved over time, based on quarterly financial data. See 136490 net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Sunjin (2013–2025)
The table below shows the annual net assets of Sunjin from 2013 to 2025. For live market cap and overall valuation, see 136490 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩582.07 Billion ≈ $394.46 Million |
+25.62% |
| 2024-12-31 | ₩463.35 Billion ≈ $314.00 Million |
+4.57% |
| 2023-12-31 | ₩443.10 Billion ≈ $300.28 Million |
+0.56% |
| 2022-12-31 | ₩440.62 Billion ≈ $298.60 Million |
+2.53% |
| 2021-12-31 | ₩429.76 Billion ≈ $291.24 Million |
+11.91% |
| 2020-12-31 | ₩384.04 Billion ≈ $260.26 Million |
+15.92% |
| 2019-12-31 | ₩331.29 Billion ≈ $224.51 Million |
+0.05% |
| 2018-12-31 | ₩331.12 Billion ≈ $224.40 Million |
-1.10% |
| 2017-12-31 | ₩334.82 Billion ≈ $226.90 Million |
+71.87% |
| 2016-12-31 | ₩194.82 Billion ≈ $132.02 Million |
+2.68% |
| 2015-12-31 | ₩189.73 Billion ≈ $128.57 Million |
+13.32% |
| 2014-12-31 | ₩167.42 Billion ≈ $113.46 Million |
+15.11% |
| 2013-12-31 | ₩145.45 Billion ≈ $98.57 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sunjin'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 569.9% over the analyzed period, indicating profitable operations and earnings retention.
Sunjin Net Assets Breakdown (December 2025)
Sunjin net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩488.29 Billion | 86.72% |
| Other Components | ₩74.76 Billion | 13.28% |
| Total Equity | ₩563.05 Billion | 100.00% |
Sunjin Competitors by Market Cap
The table below lists competitors of Sunjin ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
American Battery Technology Company Common Stock
NASDAQ:ABAT
|
$162.46 Million |
|
Admicom Oyj
HE:ADMCM
|
$162.47 Million |
|
Prosafe SE
OL:PRS
|
$162.49 Million |
|
Mincon Group plc
IR:MIO
|
$162.54 Million |
|
Able C&C
KO:078520
|
$162.40 Million |
|
TerrAscend Corp
F:TED
|
$162.32 Million |
|
Wei Chih Steel Industrial Co Ltd
TW:2028
|
$162.31 Million |
|
Bank Nationalnobu Tbk
JK:NOBU
|
$162.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunjin's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 449,313,508,000 to 563,050,361,470, a change of 113,736,853,470 (25.3%).
- Net income of 118,935,960,870 contributed positively to equity growth.
- Dividend payments of 2,449,200,800 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩118.94 Billion | +21.12% |
| Dividends Paid | ₩2.45 Billion | -0.43% |
| Other Changes | ₩-2.75 Billion | -0.49% |
| Total Change | ₩- | 25.31% |
Book Value vs Market Value Analysis
This analysis compares Sunjin'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: 0.43x
- 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 0.74x to 0.43x 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 | ₩13568.69 | ₩10080.00 | x |
| 2018-12-31 | ₩13311.82 | ₩10080.00 | x |
| 2019-12-31 | ₩13439.18 | ₩10080.00 | x |
| 2020-12-31 | ₩15558.17 | ₩10080.00 | x |
| 2021-12-31 | ₩17371.23 | ₩10080.00 | x |
| 2022-12-31 | ₩17831.02 | ₩10080.00 | x |
| 2023-12-31 | ₩18088.19 | ₩10080.00 | x |
| 2024-12-31 | ₩18895.23 | ₩10080.00 | x |
| 2025-12-31 | ₩23678.26 | ₩10080.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunjin 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): 21.12%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.27%
- • Asset Turnover: 1.39x
- • Equity Multiplier: 2.42x
- Recent ROE (21.12%) is above the historical average (11.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 20.19% | 5.61% | 1.84x | 1.95x | ₩14.80 Billion |
| 2014 | 14.07% | 3.95% | 1.55x | 2.29x | ₩6.80 Billion |
| 2015 | 10.15% | 3.18% | 1.38x | 2.31x | ₩278.21 Million |
| 2016 | 16.94% | 4.89% | 1.19x | 2.92x | ₩12.92 Billion |
| 2017 | 16.54% | 6.53% | 1.19x | 2.13x | ₩21.10 Billion |
| 2018 | 5.66% | 1.96% | 0.99x | 2.90x | ₩-13.73 Billion |
| 2019 | 6.69% | 2.11% | 1.03x | 3.08x | ₩-10.59 Billion |
| 2020 | 22.60% | 6.20% | 1.20x | 3.03x | ₩46.61 Billion |
| 2021 | 10.38% | 2.50% | 1.42x | 2.93x | ₩1.59 Billion |
| 2022 | 5.47% | 1.24% | 1.40x | 3.15x | ₩-19.21 Billion |
| 2023 | 3.24% | 0.73% | 1.51x | 2.93x | ₩-29.09 Billion |
| 2024 | 1.22% | 0.33% | 1.31x | 2.86x | ₩-39.46 Billion |
| 2025 | 21.12% | 6.27% | 1.39x | 2.42x | ₩62.63 Billion |
Industry Comparison
This section compares Sunjin's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $66,605,864,720
- Average return on equity (ROE) among peers: 8.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunjin (136490) | ₩649.88 Billion | 20.19% | 1.40x | $162.44 Million |
| Hantop Inc (002680) | $51.63 Billion | 6.45% | 1.98x | $62.01 Million |
| Woorison F&G Co. Ltd (073560) | $180.12 Billion | 15.04% | 0.98x | $69.16 Million |
| Milae Bioresources Co. Ltd (218150) | $7.05 Billion | 0.84% | 0.22x | $22.35 Million |
| Korea Mcnulty Co Ltd (222980) | $27.62 Billion | 9.94% | 0.37x | $12.46 Million |
About Sunjin
Sunjin Co.,Ltd., together with its subsidiaries, produces and sells prepared animal feed in South Korea and internationally. The company operates in five segments: Feed, Meat, Pig Farming, Meat Processing, and Others. It offers feed for pig and dairy farming, and fattening purposes; and processes and distributes meat products, such as steak/patty, cutlet, balls/mini meat patty, fried food, ham, s… Read more