Sammok S-Form Co.Ltd
Sammok S-Form Co.,Ltd engages in the manufactures, sells, and leases formwork for construction and civil engineering works in South Korea and internationally. It offers aluminum and gang forms, as well as climbing systems. The company was founded in 1985 and is headquartered in Anseong-si, South Korea.
Sammok S-Form Co.Ltd (018310) - Net Assets
Latest net assets as of September 2025: ₩650.96 Billion KRW
Based on the latest financial reports, Sammok S-Form Co.Ltd (018310) has net assets worth ₩650.96 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩761.74 Billion) and total liabilities (₩110.77 Billion). 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 | ₩650.96 Billion |
| % of Total Assets | 85.46% |
| Annual Growth Rate | 15.1% |
| 5-Year Change | 89.86% |
| 10-Year Change | 239.52% |
| Growth Volatility | 14.63 |
Sammok S-Form Co.Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Sammok S-Form Co.Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sammok S-Form Co.Ltd (2014–2024)
The table below shows the annual net assets of Sammok S-Form Co.Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩644.67 Billion | +12.12% |
| 2023-12-31 | ₩574.99 Billion | +28.14% |
| 2022-12-31 | ₩448.72 Billion | +14.93% |
| 2021-12-31 | ₩390.41 Billion | +14.98% |
| 2020-12-31 | ₩339.56 Billion | -0.81% |
| 2019-12-31 | ₩342.32 Billion | +3.64% |
| 2018-12-31 | ₩330.30 Billion | +2.50% |
| 2017-12-31 | ₩322.24 Billion | +11.43% |
| 2016-12-31 | ₩289.19 Billion | +52.30% |
| 2015-12-31 | ₩189.88 Billion | +20.26% |
| 2014-12-31 | ₩157.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sammok S-Form 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 279.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩577.28 Billion | 89.55% |
| Common Stock | ₩7.35 Billion | 1.14% |
| Other Components | ₩60.05 Billion | 9.31% |
| Total Equity | ₩644.67 Billion | 100.00% |
Sammok S-Form Co.Ltd Competitors by Market Cap
The table below lists competitors of Sammok S-Form Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Farcent Enterprise Co Ltd
TW:1730
|
$50.96 Million |
|
UNICOMMERCE ESOLUTIONS LIMITED
NSE:UNIECOM
|
$50.96 Million |
|
Eastside Distilling, Inc.
NASDAQ:BLNE
|
$50.97 Million |
|
Pepkor Holdings Ltd
JSE:PPH
|
$50.99 Million |
|
DATA Communications Management Corp
OTCQX:DCMDF
|
$50.93 Million |
|
SXI Real Estate® Shrs Broad TR
SW:REAL
|
$50.92 Million |
|
PolyPid
NASDAQ:PYPD
|
$50.91 Million |
|
Routon Electronic Co Ltd
SHG:600355
|
$50.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sammok S-Form Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 574,988,112,790 to 644,674,852,160, a change of 69,686,739,370 (12.1%).
- Net income of 73,400,633,760 contributed positively to equity growth.
- Dividend payments of 4,288,309,800 reduced retained earnings.
- Share repurchases of 1,759,333,480 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩73.40 Billion | +11.39% |
| Dividends Paid | ₩4.29 Billion | -0.67% |
| Share Repurchases | ₩1.76 Billion | -0.27% |
| Other Changes | ₩2.33 Billion | +0.36% |
| Total Change | ₩- | 12.12% |
Book Value vs Market Value Analysis
This analysis compares Sammok S-Form 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: 0.42x
- 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.
- The price-to-book ratio has decreased from 0.94x to 0.42x 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 | ₩19672.49 | ₩18590.00 | x |
| 2017-12-31 | ₩21921.21 | ₩18590.00 | x |
| 2018-12-31 | ₩26800.67 | ₩18590.00 | x |
| 2019-12-31 | ₩27776.02 | ₩18590.00 | x |
| 2020-12-31 | ₩28495.73 | ₩18590.00 | x |
| 2021-12-31 | ₩29100.16 | ₩18590.00 | x |
| 2022-12-31 | ₩33446.13 | ₩18590.00 | x |
| 2023-12-31 | ₩40224.80 | ₩18590.00 | x |
| 2024-12-31 | ₩44613.90 | ₩18590.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sammok S-Form 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): 11.39%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.26%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.21x
- Recent ROE (11.39%) is below the historical average (12.40%), 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 | 25.52% | 16.02% | 1.19x | 1.34x | ₩24.51 Billion |
| 2015 | 17.52% | 12.78% | 1.07x | 1.28x | ₩14.27 Billion |
| 2016 | 13.08% | 14.11% | 0.77x | 1.21x | ₩8.90 Billion |
| 2017 | 10.90% | 13.83% | 0.68x | 1.17x | ₩2.90 Billion |
| 2018 | 11.97% | 20.93% | 0.51x | 1.13x | ₩6.51 Billion |
| 2019 | 4.00% | 9.50% | 0.36x | 1.16x | ₩-20.53 Billion |
| 2020 | 0.21% | 0.61% | 0.29x | 1.17x | ₩-33.25 Billion |
| 2021 | 7.76% | 14.42% | 0.38x | 1.40x | ₩-8.76 Billion |
| 2022 | 13.33% | 17.71% | 0.54x | 1.41x | ₩14.93 Billion |
| 2023 | 20.76% | 27.17% | 0.59x | 1.29x | ₩61.88 Billion |
| 2024 | 11.39% | 18.26% | 0.51x | 1.21x | ₩8.93 Billion |
Industry Comparison
This section compares Sammok S-Form Co.Ltd's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $122,196,408,207
- Average return on equity (ROE) among peers: 3.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sammok S-Form Co.Ltd (018310) | ₩650.96 Billion | 25.52% | 0.17x | $50.95 Million |
| Aluko Co Ltd (001780) | $261.90 Billion | -5.63% | 1.68x | $75.46 Million |
| Sam-A Aluminiu (006110) | $108.83 Billion | 4.55% | 0.92x | $133.88 Million |
| Choil Aluminum (018470) | $199.62 Billion | 5.50% | 1.11x | $67.33 Million |
| Daeho Al Co. Ltd. (069460) | $41.25 Billion | 10.84% | 2.23x | $25.98 Million |
| PJ Metal Co. Ltd (128660) | $61.06 Billion | 9.47% | 0.85x | $19.96 Million |
| Green Plus Co. Ltd (186230) | $60.52 Billion | -4.45% | 0.75x | $22.91 Million |