Seohee Construction Co. Ltd (035890) - Net Assets
Based on the latest financial reports, Seohee Construction Co. Ltd (035890) has net assets worth ₩1.01 Trillion KRW (≈ $682.98 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.58 Trillion ≈ $1.07 Billion USD) and total liabilities (₩568.13 Billion ≈ $385.01 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 035890 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.01 Trillion |
| % of Total Assets | 63.95% |
| Annual Growth Rate | 11.69% |
| 5-Year Change | 87.68% |
| 10-Year Change | 406.38% |
| Growth Volatility | 15.41 |
Seohee Construction Co. Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Seohee Construction Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Seohee Construction Co. Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Seohee Construction Co. Ltd (2007–2024)
The table below shows the annual net assets of Seohee Construction Co. Ltd from 2007 to 2024. For live valuation and market cap data, see Seohee Construction Co. Ltd (035890) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩974.71 Billion ≈ $660.54 Million |
+15.53% |
| 2023-12-31 | ₩843.67 Billion ≈ $571.74 Million |
+13.99% |
| 2022-12-31 | ₩740.11 Billion ≈ $501.56 Million |
+13.35% |
| 2021-12-31 | ₩652.95 Billion ≈ $442.49 Million |
+25.73% |
| 2020-12-31 | ₩519.33 Billion ≈ $351.95 Million |
+37.31% |
| 2019-12-31 | ₩378.22 Billion ≈ $256.32 Million |
+34.87% |
| 2018-12-31 | ₩280.43 Billion ≈ $190.05 Million |
+10.38% |
| 2017-12-31 | ₩254.06 Billion ≈ $172.17 Million |
+16.05% |
| 2016-12-31 | ₩218.92 Billion ≈ $148.36 Million |
+13.73% |
| 2015-12-31 | ₩192.49 Billion ≈ $130.44 Million |
+3.63% |
| 2014-12-31 | ₩185.75 Billion ≈ $125.88 Million |
+3.23% |
| 2013-12-31 | ₩179.95 Billion ≈ $121.95 Million |
-26.65% |
| 2012-12-31 | ₩245.32 Billion ≈ $166.25 Million |
+5.86% |
| 2011-12-31 | ₩231.75 Billion ≈ $157.05 Million |
+18.09% |
| 2010-12-31 | ₩196.25 Billion ≈ $133.00 Million |
-11.48% |
| 2009-12-31 | ₩221.69 Billion ≈ $150.24 Million |
+13.15% |
| 2008-12-31 | ₩195.93 Billion ≈ $132.78 Million |
+31.74% |
| 2007-12-31 | ₩148.72 Billion ≈ $100.79 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Seohee Construction 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 1139.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩809.07 Billion | 83.01% |
| Common Stock | ₩114.90 Billion | 11.79% |
| Other Components | ₩50.73 Billion | 5.20% |
| Total Equity | ₩974.71 Billion | 100.00% |
Seohee Construction Co. Ltd Competitors by Market Cap
The table below lists competitors of Seohee Construction Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OraSure Technologies Inc
NASDAQ:OSUR
|
$203.92 Million |
|
GTS Internasional Tbk PT
JK:GTSI
|
$203.93 Million |
|
Linedata Services S.A.
PA:LIN
|
$203.94 Million |
|
Remedy Entertainment Oyj
HE:REMEDY
|
$204.01 Million |
|
DFI Inc
TW:2397
|
$203.80 Million |
|
Pioneer Municipal High Income Trust
NYSE:MHI
|
$203.69 Million |
|
Hemisphere Energy Corporation
V:HME
|
$203.67 Million |
|
SANIONA AB (PUBL)
F:30S
|
$203.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seohee Construction Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 843,838,960,370 to 974,705,864,640, a change of 130,866,904,270 (15.5%).
- Net income of 160,357,032,460 contributed positively to equity growth.
- Dividend payments of 8,830,665,270 reduced retained earnings.
- Share repurchases of 17,442,988,640 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩160.36 Billion | +16.45% |
| Dividends Paid | ₩8.83 Billion | -0.91% |
| Share Repurchases | ₩17.44 Billion | -1.79% |
| Other Changes | ₩-3.22 Billion | -0.33% |
| Total Change | ₩- | 15.51% |
Book Value vs Market Value Analysis
This analysis compares Seohee Construction 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: 0.31x
- 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 1.14x to 0.31x 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 | ₩1424.92 | ₩1623.00 | x |
| 2017-12-31 | ₩1495.32 | ₩1623.00 | x |
| 2018-12-31 | ₩1658.65 | ₩1623.00 | x |
| 2019-12-31 | ₩1867.34 | ₩1623.00 | x |
| 2020-12-31 | ₩2358.11 | ₩1623.00 | x |
| 2021-12-31 | ₩2964.80 | ₩1623.00 | x |
| 2022-12-31 | ₩3360.60 | ₩1623.00 | x |
| 2023-12-31 | ₩4245.58 | ₩1623.00 | x |
| 2024-12-31 | ₩5175.27 | ₩1623.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seohee Construction 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): 16.45%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.88%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 1.58x
- Recent ROE (16.45%) is above the historical average (12.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 11.35% | 3.51% | 1.18x | 2.74x | ₩2.01 Billion |
| 2008 | 12.05% | 3.25% | 1.14x | 3.25x | ₩4.02 Billion |
| 2009 | 3.77% | 0.97% | 1.15x | 3.39x | ₩-13.89 Billion |
| 2010 | 3.25% | 0.61% | 1.13x | 4.66x | ₩-13.20 Billion |
| 2014 | 3.94% | 0.76% | 1.28x | 4.02x | ₩-11.07 Billion |
| 2015 | 6.20% | 1.13% | 1.46x | 3.75x | ₩-7.31 Billion |
| 2016 | 12.33% | 2.51% | 1.40x | 3.50x | ₩5.10 Billion |
| 2017 | 12.43% | 3.06% | 1.28x | 3.18x | ₩6.18 Billion |
| 2018 | 12.60% | 3.10% | 1.34x | 3.04x | ₩7.29 Billion |
| 2019 | 16.21% | 4.93% | 1.27x | 2.58x | ₩23.50 Billion |
| 2020 | 24.03% | 9.76% | 1.02x | 2.42x | ₩72.86 Billion |
| 2021 | 22.21% | 10.90% | 0.87x | 2.33x | ₩79.74 Billion |
| 2022 | 13.25% | 6.82% | 0.89x | 2.18x | ₩24.07 Billion |
| 2023 | 16.76% | 9.81% | 0.94x | 1.82x | ₩57.00 Billion |
| 2024 | 16.45% | 10.88% | 0.96x | 1.58x | ₩62.89 Billion |
Industry Comparison
This section compares Seohee Construction Co. Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,910,643,324,717
- Average return on equity (ROE) among peers: 5.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seohee Construction Co. Ltd (035890) | ₩1.01 Trillion | 11.35% | 0.56x | $203.88 Million |
| Hyundai Engineering & Construction (000720) | $9.67 Trillion | -1.74% | 1.79x | $12.21 Billion |
| Hyundai Engineering & Construction Co Ltd (000725) | $8.14 Trillion | 6.03% | 1.44x | $53.11 Million |
| Nam Kwang Cons (001260) | $87.75 Billion | 24.71% | 2.12x | $65.78 Million |
| Sambu Const (001470) | $181.07 Billion | -9.65% | 1.70x | $54.01 Million |
| Dohwa Engin (002150) | $274.36 Billion | 7.56% | 1.21x | $160.66 Million |
| Bumyang Construction Co Ltd (002410) | $43.47 Billion | 20.05% | 0.82x | $36.03 Million |
| Hwa Sung Ind (002460) | $371.00 Billion | 2.07% | 0.65x | $85.37 Million |
| Chin Hung Int' (002780) | $268.27 Billion | 0.81% | 1.03x | $136.68 Million |
| Chinhung International Inc (002785) | $78.80 Billion | 7.68% | 3.65x | $2.03 Million |
| Chinhung International Inc. Pfd. Series 2 (002787) | $-10.01 Billion | 0.00% | 0.00x | $1.70 Million |
About Seohee Construction Co. Ltd
Seohee Construction Co., Ltd. operates as a construction company primarily in South Korea. The company primarily undertakes housing, implementation, redevelopment/reconstruction, officetel, public apartment, civil engineering, and environment projects, as well as other private contracts. It also invests in environmental projects for the environment preservation and development of new renewable en… Read more