Samil Enterprise Co. Ltd (002290) - Net Assets
Based on the latest financial reports, Samil Enterprise Co. Ltd (002290) has net assets worth ₩72.02 Billion KRW (≈ $48.81 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 (₩87.81 Billion ≈ $59.51 Million USD) and total liabilities (₩15.79 Billion ≈ $10.70 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 002290 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩72.02 Billion |
| % of Total Assets | 82.02% |
| Annual Growth Rate | 3.36% |
| 5-Year Change | 14.88% |
| 10-Year Change | 31.56% |
| Growth Volatility | 1.54 |
Samil Enterprise Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Samil Enterprise Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002290 asset base for the complete picture of this company's asset base.
Annual Net Assets for Samil Enterprise Co. Ltd (2014–2024)
The table below shows the annual net assets of Samil Enterprise Co. Ltd from 2014 to 2024. For live valuation and market cap data, see market cap of Samil Enterprise Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩68.92 Billion ≈ $46.71 Million |
+5.63% |
| 2023-12-31 | ₩65.25 Billion ≈ $44.22 Million |
+3.64% |
| 2022-12-31 | ₩62.96 Billion ≈ $42.67 Million |
+2.03% |
| 2021-12-31 | ₩61.70 Billion ≈ $41.82 Million |
+2.85% |
| 2020-12-31 | ₩60.00 Billion ≈ $40.66 Million |
+2.00% |
| 2019-12-31 | ₩58.82 Billion ≈ $39.86 Million |
+3.61% |
| 2018-12-31 | ₩56.77 Billion ≈ $38.47 Million |
+4.54% |
| 2017-12-31 | ₩54.31 Billion ≈ $36.80 Million |
+2.91% |
| 2016-12-31 | ₩52.77 Billion ≈ $35.76 Million |
+0.73% |
| 2015-12-31 | ₩52.39 Billion ≈ $35.50 Million |
+5.81% |
| 2014-12-31 | ₩49.51 Billion ≈ $33.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Samil Enterprise 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 44.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩62.72 Billion | 91.00% |
| Common Stock | ₩6.20 Billion | 9.00% |
| Total Equity | ₩68.92 Billion | 100.00% |
Samil Enterprise Co. Ltd Competitors by Market Cap
The table below lists competitors of Samil Enterprise Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mas Murni Indonesia Tbk
JK:MAMI
|
$36.05 Million |
|
FERRO-ALLOY RES.
F:5PE
|
$36.08 Million |
|
AKKO Invest Nyrt
BUD:AKKO
|
$36.08 Million |
|
Citigold Corporation Ltd
AU:CTO
|
$36.09 Million |
|
Bumyang Construction Co Ltd
KO:002410
|
$36.03 Million |
|
K2A Knaust & Andersson Fastigheter AB (publ)
ST:K2A-B
|
$36.02 Million |
|
Atlantaa Limited
NSE:ATLANTAA
|
$36.02 Million |
|
Kayee International Group Co Ltd
TW:2939
|
$36.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Samil Enterprise Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 65,248,238,280 to 68,922,710,630, a change of 3,674,472,350 (5.6%).
- Net income of 5,844,472,350 contributed positively to equity growth.
- Dividend payments of 2,170,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩5.84 Billion | +8.48% |
| Dividends Paid | ₩2.17 Billion | -3.15% |
| Total Change | ₩- | 5.63% |
Book Value vs Market Value Analysis
This analysis compares Samil Enterprise 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: 0.77x
- 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 1.01x to 0.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩4255.73 | ₩4290.00 | x |
| 2017-12-31 | ₩4379.50 | ₩4290.00 | x |
| 2018-12-31 | ₩4578.42 | ₩4290.00 | x |
| 2019-12-31 | ₩4743.75 | ₩4290.00 | x |
| 2020-12-31 | ₩4838.39 | ₩4290.00 | x |
| 2021-12-31 | ₩4976.17 | ₩4290.00 | x |
| 2022-12-31 | ₩5077.35 | ₩4290.00 | x |
| 2023-12-31 | ₩5261.95 | ₩4290.00 | x |
| 2024-12-31 | ₩5558.28 | ₩4290.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Samil Enterprise 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): 8.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.19%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 1.25x
- Recent ROE (8.48%) is above the historical average (4.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 3.23% | 2.46% | 1.05x | 1.25x | ₩-3.35 Billion |
| 2015 | 6.08% | 4.35% | 1.17x | 1.19x | ₩-2.05 Billion |
| 2016 | 1.31% | 2.45% | 0.45x | 1.18x | ₩-4.58 Billion |
| 2017 | 4.88% | 4.70% | 0.88x | 1.18x | ₩-2.78 Billion |
| 2018 | 5.45% | 5.51% | 0.91x | 1.09x | ₩-2.58 Billion |
| 2019 | 5.59% | 4.31% | 1.09x | 1.19x | ₩-2.59 Billion |
| 2020 | 4.02% | 3.73% | 0.95x | 1.14x | ₩-3.59 Billion |
| 2021 | 4.78% | 4.00% | 1.01x | 1.19x | ₩-3.22 Billion |
| 2022 | 3.96% | 3.92% | 0.86x | 1.17x | ₩-3.80 Billion |
| 2023 | 5.88% | 4.88% | 1.02x | 1.18x | ₩-2.69 Billion |
| 2024 | 8.48% | 5.19% | 1.31x | 1.25x | ₩-1.05 Billion |
Industry Comparison
This section compares Samil Enterprise Co. Ltd's net assets metrics with peer companies in the Construction & Engineering industry.
Industry Context
- Industry: Construction & Engineering
- Average net assets among peers: $116,610,468,462
- Average return on equity (ROE) among peers: 1.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Samil Enterprise Co. Ltd (002290) | ₩72.02 Billion | 3.23% | 0.22x | $36.05 Million |
| SHINWON CONSTRUCTION COMPANY Ltd (017000) | $49.83 Billion | -32.46% | 1.63x | $21.39 Million |
| KCC Engineering & Construction Co. Ltd (021320) | $422.47 Billion | 1.94% | 1.56x | $103.11 Million |
| Dongsin Engineering & Construction (025950) | $84.21 Billion | -0.35% | 0.29x | $93.93 Million |
| Tuksu Engineering & ConstructionLtd (026150) | $64.00 Billion | -10.84% | 0.84x | $45.79 Million |
| Hanyang ENG Co. Ltd (045100) | $172.12 Billion | 25.09% | 1.20x | $387.63 Million |
| KT Submarine Co. Ltd (060370) | $66.01 Billion | 12.92% | 0.54x | $531.40 Million |
| Welcron Hantec Co.Ltd (076080) | $61.48 Billion | -0.06% | 2.05x | $16.72 Million |
| Iljin Power Co. Ltd (094820) | $100.42 Billion | 10.61% | 0.57x | $117.88 Million |
| Korea SE Corp (101670) | $28.94 Billion | 6.57% | 0.12x | $24.00 Million |
About Samil Enterprise Co. Ltd
Samil Enterprise Co., Ltd., a general construction company, provides architecture and civil engineering services in South Korea. The company engages in the schools, hospitals, factories, buildings, dormitories, military construction, etc. It also undertakes civil order construction and engineering works for the public and private order construction, such as road, port, bridge, and site constructi… Read more