SANGBO Corp (027580) - Net Assets
Based on the latest financial reports, SANGBO Corp (027580) has net assets worth ₩45.37 Billion KRW (≈ $30.74 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 (₩98.38 Billion ≈ $66.67 Million USD) and total liabilities (₩53.02 Billion ≈ $35.93 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 027580 financial resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore SANGBO Corp assets under control for the complete picture of this company's asset base.
Annual Net Assets for SANGBO Corp (2014–2024)
The table below shows the annual net assets of SANGBO Corp from 2014 to 2024. For live valuation and market cap data, see SANGBO Corp (027580) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩50.95 Billion ≈ $34.53 Million |
-18.65% |
| 2023-12-31 | ₩62.63 Billion ≈ $42.45 Million |
-4.64% |
| 2022-12-31 | ₩65.68 Billion ≈ $44.51 Million |
+15.66% |
| 2021-12-31 | ₩56.78 Billion ≈ $38.48 Million |
+68.22% |
| 2020-12-31 | ₩33.76 Billion ≈ $22.88 Million |
+14.63% |
| 2019-12-31 | ₩29.45 Billion ≈ $19.96 Million |
+48.32% |
| 2018-12-31 | ₩19.85 Billion ≈ $13.45 Million |
-56.45% |
| 2017-12-31 | ₩45.59 Billion ≈ $30.90 Million |
-14.94% |
| 2016-12-31 | ₩53.60 Billion ≈ $36.32 Million |
-1.47% |
| 2015-12-31 | ₩54.40 Billion ≈ $36.87 Million |
-10.14% |
| 2014-12-31 | ₩60.53 Billion ≈ $41.02 Million |
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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 |
|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
$12.75 Million |
|
G Capital Bhd
KLSE:7676
|
$12.76 Million |
|
Dien Quang JSC
VN:DQC
|
$12.77 Million |
|
GreenPower Motor Company Inc
V:GPV
|
$12.78 Million |
|
Gold By Gold
PA:ALGLD
|
$12.74 Million |
|
Supermarket Income REIT PLC
LSE:SUPR
|
$12.74 Million |
|
CLASS 1 NICKEL+TECH.LTD
F:77C
|
$12.74 Million |
|
PROBIOTIX HEALTH LS-05
F:X90
|
$12.74 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: 0.66x
- 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 0.35x to 0.66x 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 | ₩598.00 | x |
| 2017-12-31 | ₩1459.85 | ₩598.00 | x |
| 2018-12-31 | ₩608.82 | ₩598.00 | x |
| 2019-12-31 | ₩633.79 | ₩598.00 | x |
| 2020-12-31 | ₩724.37 | ₩598.00 | x |
| 2021-12-31 | ₩963.02 | ₩598.00 | x |
| 2022-12-31 | ₩1113.88 | ₩598.00 | x |
| 2023-12-31 | ₩1091.98 | ₩598.00 | x |
| 2024-12-31 | ₩904.53 | ₩598.00 | 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: $75,288,849,486
- Average return on equity (ROE) among peers: -0.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SANGBO Corp (027580) | ₩45.37 Billion | -17.35% | 1.17x | $12.75 Million |
| Inzi Display Co.Ltd (037330) | $142.68 Billion | 1.83% | 0.79x | $36.78 Million |
| BioSmart Co.Ltd (038460) | $46.54 Billion | 8.50% | 0.55x | $60.25 Million |
| e-LITECOM CO. Ltd (041520) | $63.39 Billion | 13.82% | 1.53x | $104.23 Million |
| CoAsia Corporation (045970) | $86.08 Billion | -27.16% | 1.81x | $74.44 Million |
| Powerlogics Co. Ltd (047310) | $216.34 Billion | 5.01% | 0.92x | $120.83 Million |
| Phoenix Materials Co. Ltd (050090) | $27.87 Billion | -10.27% | 0.20x | $37.03 Million |
| CammSys Corp (050110) | $6.10 Billion | 0.00% | 3.56x | $73.90 Million |
| STCube Inc (052020) | $21.46 Billion | 0.00% | 0.45x | $382.58 Million |
| Amotech Co. Ltd (052710) | $67.14 Billion | 1.55% | 1.08x | $138.89 Million |
About 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