Ssangyong Information & Communications Corp (010280) - Net Assets
Based on the latest financial reports, Ssangyong Information & Communications Corp (010280) has net assets worth ₩115.66 Billion KRW (≈ $78.38 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 (₩319.20 Billion ≈ $216.32 Million USD) and total liabilities (₩203.54 Billion ≈ $137.94 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 Ssangyong Information & Communications C strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩115.66 Billion |
| % of Total Assets | 36.23% |
| Annual Growth Rate | 6.82% |
| 5-Year Change | 121.69% |
| 10-Year Change | 247.55% |
| Growth Volatility | 28.15 |
Ssangyong Information & Communications Corp - Net Assets Trend (2011–2025)
This chart illustrates how Ssangyong Information & Communications Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 010280 market cap overview.
Annual Net Assets for Ssangyong Information & Communications Corp (2011–2025)
The table below shows the annual net assets of Ssangyong Information & Communications Corp from 2011 to 2025. Also explore 010280 net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩99.12 Billion ≈ $67.17 Million |
+30.19% |
| 2024-12-31 | ₩76.13 Billion ≈ $51.59 Million |
+17.16% |
| 2023-12-31 | ₩64.98 Billion ≈ $44.04 Million |
+14.01% |
| 2022-12-31 | ₩57.00 Billion ≈ $38.63 Million |
+27.48% |
| 2021-12-31 | ₩44.71 Billion ≈ $30.30 Million |
+59.50% |
| 2020-12-31 | ₩28.03 Billion ≈ $19.00 Million |
-36.76% |
| 2019-12-31 | ₩44.32 Billion ≈ $30.04 Million |
+0.54% |
| 2018-12-31 | ₩44.09 Billion ≈ $29.88 Million |
+65.96% |
| 2017-12-31 | ₩26.56 Billion ≈ $18.00 Million |
-6.85% |
| 2016-12-31 | ₩28.52 Billion ≈ $19.33 Million |
-1.59% |
| 2015-12-31 | ₩28.98 Billion ≈ $19.64 Million |
-16.07% |
| 2014-12-31 | ₩34.53 Billion ≈ $23.40 Million |
-26.85% |
| 2013-12-31 | ₩47.21 Billion ≈ $31.99 Million |
+7.93% |
| 2012-12-31 | ₩43.74 Billion ≈ $29.64 Million |
+11.13% |
| 2011-12-31 | ₩39.36 Billion ≈ $26.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ssangyong Information & Communications Corp'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 6275.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩53.46 Billion | 53.77% |
| Other Components | ₩45.97 Billion | 46.23% |
| Total Equity | ₩99.43 Billion | 100.00% |
Ssangyong Information & Communications Corp Competitors by Market Cap
The table below lists competitors of Ssangyong Information & Communications Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HAMMONIA Schiffsholding AG
HM:HHX
|
$45.02 Million |
|
Dedicare AB (publ)
ST:DEDI
|
$45.02 Million |
|
Marga Abhinaya Abadi Tbk PT
JK:MABA
|
$45.02 Million |
|
Sportsmans
NASDAQ:SPWH
|
$45.02 Million |
|
Matang Bhd
KLSE:0189
|
$44.99 Million |
|
Century Synthetic Fiber Corp
VN:STK
|
$44.98 Million |
|
Persimmon PLC
LSE:PSN
|
$44.97 Million |
|
Koroplast Temizlik Ambalaj Urunleri San. ve Dis Ticaret A.S.
IS:KRPLS
|
$44.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ssangyong Information & Communications Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 76,133,596,210 to 99,425,932,850, a change of 23,292,336,640 (30.6%).
- Net income of 23,024,747,930 contributed positively to equity growth.
- New share issuances of 19,999,851,830 increased equity.
- Other factors decreased equity by 19,732,263,120.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩23.02 Billion | +23.16% |
| Share Issuances | ₩20.00 Billion | +20.12% |
| Other Changes | ₩-19.73 Billion | -19.85% |
| Total Change | ₩- | 30.59% |
Book Value vs Market Value Analysis
This analysis compares Ssangyong Information & Communications Corp'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: 0.67x
- 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 8.39x to 0.67x 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 | ₩607.51 | ₩5100.00 | x |
| 2017-12-31 | ₩565.86 | ₩5100.00 | x |
| 2018-12-31 | ₩939.12 | ₩5100.00 | x |
| 2019-12-31 | ₩944.16 | ₩5100.00 | x |
| 2020-12-31 | ₩597.12 | ₩5100.00 | x |
| 2021-12-31 | ₩699.01 | ₩5100.00 | x |
| 2022-12-31 | ₩891.13 | ₩5100.00 | x |
| 2023-12-31 | ₩977.49 | ₩5100.00 | x |
| 2024-12-31 | ₩1169.06 | ₩5100.00 | x |
| 2025-12-31 | ₩7633.61 | ₩5100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ssangyong Information & Communications Corp 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): 23.16%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.03%
- • Asset Turnover: 1.79x
- • Equity Multiplier: 3.21x
- Recent ROE (23.16%) is above the historical average (0.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 11.62% | 2.04% | 2.19x | 2.60x | ₩639.01 Million |
| 2012 | 11.42% | 2.54% | 1.59x | 2.83x | ₩619.59 Million |
| 2013 | 6.50% | 1.66% | 1.63x | 2.40x | ₩-1.65 Billion |
| 2014 | -31.90% | -6.12% | 1.93x | 2.70x | ₩-14.47 Billion |
| 2015 | -20.28% | -3.22% | 1.80x | 3.50x | ₩-8.78 Billion |
| 2016 | -6.35% | -0.83% | 2.12x | 3.63x | ₩-4.66 Billion |
| 2017 | -19.28% | -3.51% | 1.93x | 2.84x | ₩-7.78 Billion |
| 2018 | 40.14% | 14.35% | 1.57x | 1.79x | ₩13.29 Billion |
| 2019 | 2.95% | 1.21% | 1.31x | 1.86x | ₩-3.12 Billion |
| 2020 | -54.40% | -12.71% | 1.05x | 4.08x | ₩-18.05 Billion |
| 2021 | -4.06% | -0.75% | 1.78x | 3.04x | ₩-6.29 Billion |
| 2022 | 21.08% | 3.70% | 1.23x | 4.62x | ₩6.32 Billion |
| 2023 | 8.53% | 1.38% | 1.95x | 3.16x | ₩-938.30 Million |
| 2024 | 15.31% | 2.64% | 1.64x | 3.53x | ₩4.04 Billion |
| 2025 | 23.16% | 4.03% | 1.79x | 3.21x | ₩13.08 Billion |
Industry Comparison
This section compares Ssangyong Information & Communications Corp's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,037,137,547,050
- Average return on equity (ROE) among peers: 7.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ssangyong Information & Communications Corp (010280) | ₩115.66 Billion | 11.62% | 1.76x | $45.02 Million |
| CItech Co Ltd (004920) | $19.49 Billion | -4.09% | 0.36x | $32.07 Million |
| DB INC (012030) | $394.28 Billion | 23.41% | 1.21x | $209.85 Million |
| Samsung SDS Co Ltd (018260) | $4.78 Trillion | 9.19% | 0.33x | $11.51 Billion |
| Daou Tech (023590) | $3.25 Trillion | 8.49% | 10.90x | $1.15 Billion |
| Daou Data Corp (032190) | $472.88 Billion | 7.57% | 26.49x | $525.60 Million |
| Shinsegae I&C (035510) | $276.30 Billion | 14.12% | 0.28x | $139.60 Million |
| WIZ CORP Inc (038620) | $43.51 Billion | 6.44% | 0.18x | $96.16 Million |
| KL-Net Corp (039420) | $36.26 Billion | 10.27% | 0.24x | $37.34 Million |
| Leenos Corp (039980) | $69.48 Billion | -8.28% | 0.25x | $247.68 Million |
About Ssangyong Information & Communications Corp
Itcenentec Co.,Ltd. engages in the system integration business in South Korea. The company is also involved in the software development; and IT and cloud consulting activities. It serves public, national defense, IT outsourcing, and sports sectors. The company was formerly known as Ssangyong Information & Communications Corp. and changed its name to Itcenentec Co.,Ltd. in February 2025. Itcenente… Read more