SANGBO Corp
Sangbo Corp. develops, manufactures, and sells display parts and nano materials worldwide. The company's display products include optical sheet for the use in LCDs, prism sheets, diffuser sheets, and tablet and mobile display optical films. Its window film products comprise carbon films, carbon ceramic films, and paint protection films; screen deco films, AGNW transparent conductive films; new ma… Read more
SANGBO Corp (027580) - Net Assets
Latest net assets as of September 2025: ₩45.37 Billion KRW
Based on the latest financial reports, SANGBO Corp (027580) has net assets worth ₩45.37 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 (₩98.38 Billion) and total liabilities (₩53.02 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 | ₩45.37 Billion |
| % of Total Assets | 46.11% |
| Annual Growth Rate | -1.71% |
| 5-Year Change | 50.95% |
| 10-Year Change | -6.33% |
| Growth Volatility | 33.42 |
SANGBO Corp - Net Assets Trend (2014–2024)
This chart illustrates how SANGBO Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SANGBO Corp (2014–2024)
The table below shows the annual net assets of SANGBO Corp from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩50.95 Billion | -18.65% |
| 2023-12-31 | ₩62.63 Billion | -4.64% |
| 2022-12-31 | ₩65.68 Billion | +15.66% |
| 2021-12-31 | ₩56.78 Billion | +68.22% |
| 2020-12-31 | ₩33.76 Billion | +14.63% |
| 2019-12-31 | ₩29.45 Billion | +48.32% |
| 2018-12-31 | ₩19.85 Billion | -56.45% |
| 2017-12-31 | ₩45.59 Billion | -14.94% |
| 2016-12-31 | ₩53.60 Billion | -1.47% |
| 2015-12-31 | ₩54.40 Billion | -10.14% |
| 2014-12-31 | ₩60.53 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SANGBO 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 decreased by 184.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩29.59 Billion | 58.07% |
| Other Components | ₩27.02 Billion | 53.02% |
| Total Equity | ₩50.95 Billion | 100.00% |
SANGBO Corp Competitors by Market Cap
The table below lists competitors of SANGBO Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Filter Vision Public Company Limited
BK:FVC
|
$19.25 Million |
|
Viewbix Inc. Common Stock
PINK:VBIX
|
$19.28 Million |
|
GEE Group Inc
NYSE MKT:JOB
|
$19.28 Million |
|
Altech Batteries Ltd
AU:ATC
|
$19.28 Million |
|
Super Energy Tbk PT
JK:SURE
|
$19.25 Million |
|
STRATEGIC METALS (NEW)
F:3FL
|
$19.24 Million |
|
Neuphoria Therapeutics Inc
NASDAQ:NEUP
|
$19.24 Million |
|
Demco Public Company Limited
BK:DEMCO
|
$19.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SANGBO Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 62,446,662,160 to 50,954,448,550, a change of -11,492,213,610 (-18.4%).
- Net loss of 10,818,984,090 reduced equity.
- Share repurchases of 1,499,944,510 reduced equity.
- Other factors increased equity by 826,714,990.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-10.82 Billion | -21.23% |
| Share Repurchases | ₩1.50 Billion | -2.94% |
| Other Changes | ₩826.71 Million | +1.62% |
| Total Change | ₩- | -18.40% |
Book Value vs Market Value Analysis
This analysis compares SANGBO 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: 0.64x
- 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 increased from 0.34x to 0.64x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩1716.32 | ₩578.00 | x |
| 2017-12-31 | ₩1459.85 | ₩578.00 | x |
| 2018-12-31 | ₩608.82 | ₩578.00 | x |
| 2019-12-31 | ₩633.79 | ₩578.00 | x |
| 2020-12-31 | ₩724.37 | ₩578.00 | x |
| 2021-12-31 | ₩963.02 | ₩578.00 | x |
| 2022-12-31 | ₩1113.88 | ₩578.00 | x |
| 2023-12-31 | ₩1091.98 | ₩578.00 | x |
| 2024-12-31 | ₩904.53 | ₩578.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SANGBO 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): -21.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.10%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.07x
- Recent ROE (-21.23%) is above the historical average (-23.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -17.35% | -4.63% | 1.30x | 2.89x | ₩-16.56 Billion |
| 2015 | -9.60% | -2.92% | 1.01x | 3.25x | ₩-10.66 Billion |
| 2016 | -37.79% | -13.35% | 0.92x | 3.07x | ₩-25.62 Billion |
| 2017 | -12.90% | -4.60% | 0.79x | 3.54x | ₩-10.44 Billion |
| 2018 | -147.80% | -55.68% | 0.45x | 5.95x | ₩-31.33 Billion |
| 2019 | -35.18% | -21.21% | 0.47x | 3.55x | ₩-13.31 Billion |
| 2020 | 9.56% | 2.48% | 1.17x | 3.29x | ₩-149.84 Million |
| 2021 | 3.49% | 2.74% | 0.54x | 2.35x | ₩-3.69 Billion |
| 2022 | 13.38% | 13.03% | 0.60x | 1.71x | ₩2.22 Billion |
| 2023 | 0.70% | 0.66% | 0.56x | 1.89x | ₩-5.81 Billion |
| 2024 | -21.23% | -20.10% | 0.51x | 2.07x | ₩-15.91 Billion |
Industry Comparison
This section compares SANGBO Corp's net assets metrics with peer companies in the Electronic Equipment & Parts industry.
Industry Context
- Industry: Electronic Equipment & Parts
- Average net assets among peers: $87,648,307,357
- Average return on equity (ROE) among peers: -6.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SANGBO Corp (027580) | ₩45.37 Billion | -17.35% | 1.17x | $19.25 Million |
| Inzi Display Co.Ltd (037330) | $162.56 Billion | 1.55% | 0.59x | $19.38 Million |
| BioSmart Co.Ltd (038460) | $58.82 Billion | 5.35% | 0.27x | $46.07 Million |
| e-LITECOM CO. Ltd (041520) | $38.24 Billion | 17.41% | 1.56x | $35.12 Million |
| CoAsia Corporation (045970) | $100.09 Billion | 0.00% | 1.72x | $59.77 Million |
| Powerlogics Co. Ltd (047310) | $212.21 Billion | -3.86% | 1.12x | $121.60 Million |
| Phoenix Materials Co. Ltd (050090) | $27.29 Billion | -7.19% | 0.62x | $8.87 Million |
| CammSys Corp (050110) | $75.36 Billion | 10.73% | 0.88x | $23.68 Million |
| STCube Inc (052020) | $19.12 Billion | -86.05% | 0.38x | $442.98 Million |
| Amotech Co. Ltd (052710) | $95.14 Billion | 1.97% | 1.04x | $55.48 Million |