Sungdo Engineering & Construction Co. Ltd (037350) - Net Assets
Based on the latest financial reports, Sungdo Engineering & Construction Co. Ltd (037350) has net assets worth ₩323.92 Billion KRW (≈ $219.51 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 (₩624.97 Billion ≈ $423.53 Million USD) and total liabilities (₩301.05 Billion ≈ $204.02 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 how resilient are Sungdo Engineering & Construction Co. Lt's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩323.92 Billion |
| % of Total Assets | 51.83% |
| Annual Growth Rate | 10.75% |
| 5-Year Change | 28.05% |
| 10-Year Change | 90.76% |
| Growth Volatility | 24.56 |
Sungdo Engineering & Construction Co. Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Sungdo Engineering & Construction Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 037350 asset base for the complete picture of this company's asset base.
Annual Net Assets for Sungdo Engineering & Construction Co. Ltd (2001–2024)
The table below shows the annual net assets of Sungdo Engineering & Construction Co. Ltd from 2001 to 2024. For live valuation and market cap data, see market value of Sungdo Engineering & Construction Co. Lt.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩293.13 Billion ≈ $198.65 Million |
+12.13% |
| 2023-12-31 | ₩261.42 Billion ≈ $177.16 Million |
+1.26% |
| 2022-12-31 | ₩258.16 Billion ≈ $174.95 Million |
+0.17% |
| 2021-12-31 | ₩257.72 Billion ≈ $174.66 Million |
+12.59% |
| 2020-12-31 | ₩228.91 Billion ≈ $155.13 Million |
+64.69% |
| 2019-12-31 | ₩139.00 Billion ≈ $94.20 Million |
-30.53% |
| 2018-12-31 | ₩200.09 Billion ≈ $135.60 Million |
+7.76% |
| 2017-12-31 | ₩185.68 Billion ≈ $125.83 Million |
+8.55% |
| 2016-12-31 | ₩171.06 Billion ≈ $115.92 Million |
+11.32% |
| 2015-12-31 | ₩153.66 Billion ≈ $104.13 Million |
-5.13% |
| 2014-12-31 | ₩161.96 Billion ≈ $109.76 Million |
+8.63% |
| 2013-12-31 | ₩149.10 Billion ≈ $101.04 Million |
+18.37% |
| 2012-12-31 | ₩125.95 Billion ≈ $85.36 Million |
+39.61% |
| 2011-12-31 | ₩90.22 Billion ≈ $61.14 Million |
-4.62% |
| 2010-12-31 | ₩94.59 Billion ≈ $64.10 Million |
+14.20% |
| 2009-12-31 | ₩82.82 Billion ≈ $56.13 Million |
+19.17% |
| 2008-12-31 | ₩69.50 Billion ≈ $47.10 Million |
+41.47% |
| 2007-12-31 | ₩49.13 Billion ≈ $33.29 Million |
+75.41% |
| 2001-12-31 | ₩28.01 Billion ≈ $18.98 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sungdo Engineering & 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 25198578310000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩251.99 Billion | 85.97% |
| Common Stock | ₩7.74 Billion | 2.64% |
| Other Components | ₩33.40 Billion | 11.40% |
| Total Equity | ₩293.13 Billion | 100.00% |
Sungdo Engineering & Construction Co. Ltd Competitors by Market Cap
The table below lists competitors of Sungdo Engineering & Construction Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shaver Shop Group Ltd
AU:SSG
|
$127.93 Million |
|
Reliance Industrial Infrastructure Limited
NSE:RIIL
|
$127.93 Million |
|
Diginex Limited Ordinary Shares
NASDAQ:DGNX
|
$127.93 Million |
|
Mitrajaya Holdings Bhd
KLSE:9571
|
$128.02 Million |
|
Samil Pharm
KO:000520
|
$127.90 Million |
|
NET Power Inc.
NYSE:NPWR
|
$127.88 Million |
|
Super Energy Corporation Public Company Limited
BK:SUPER-R
|
$127.87 Million |
|
Haivision Systems Inc
TO:HAI
|
$127.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sungdo Engineering & Construction Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 261,423,553,510 to 293,125,434,130, a change of 31,701,880,620 (12.1%).
- Net income of 18,930,357,800 contributed positively to equity growth.
- Dividend payments of 1,420,300,000 reduced retained earnings.
- Other factors increased equity by 14,191,822,820.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩18.93 Billion | +6.46% |
| Dividends Paid | ₩1.42 Billion | -0.48% |
| Other Changes | ₩14.19 Billion | +4.84% |
| Total Change | ₩- | 12.13% |
Book Value vs Market Value Analysis
This analysis compares Sungdo Engineering & 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: 0.64x
- 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 decreased from 1.14x to 0.64x 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 | ₩11667.50 | ₩13290.00 | x |
| 2017-12-31 | ₩12369.59 | ₩13290.00 | x |
| 2018-12-31 | ₩13241.54 | ₩13290.00 | x |
| 2019-12-31 | ₩9457.84 | ₩13290.00 | x |
| 2020-12-31 | ₩15575.73 | ₩13290.00 | x |
| 2021-12-31 | ₩18145.67 | ₩13290.00 | x |
| 2022-12-31 | ₩18176.41 | ₩13290.00 | x |
| 2023-12-31 | ₩18406.22 | ₩13290.00 | x |
| 2024-12-31 | ₩20638.28 | ₩13290.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sungdo Engineering & 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): 6.46%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.89%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 2.27x
- Recent ROE (6.46%) is below the historical average (8.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 12.23% | 5.09% | 1.43x | 1.68x | ₩512.59 Million |
| 2008 | 0.77% | 0.26% | 0.74x | 4.07x | ₩-5.86 Billion |
| 2009 | 18.18% | 3.32% | 1.69x | 3.25x | ₩5.94 Billion |
| 2010 | 8.23% | 2.75% | 0.94x | 3.17x | ₩-1.52 Billion |
| 2011 | 6.49% | 2.80% | 0.55x | 4.22x | ₩-2.93 Billion |
| 2012 | 30.54% | 8.66% | 1.09x | 3.24x | ₩22.94 Billion |
| 2013 | 15.54% | 4.52% | 1.24x | 2.76x | ₩7.38 Billion |
| 2014 | 7.55% | 3.07% | 1.23x | 1.99x | ₩-3.56 Billion |
| 2015 | 5.25% | 2.45% | 1.08x | 1.99x | ₩-7.30 Billion |
| 2016 | 13.52% | 5.44% | 1.22x | 2.04x | ₩6.03 Billion |
| 2017 | 11.91% | 5.65% | 1.19x | 1.77x | ₩3.54 Billion |
| 2018 | 8.71% | 3.29% | 1.16x | 2.28x | ₩-2.58 Billion |
| 2019 | -46.29% | -9.25% | 1.34x | 3.74x | ₩-78.24 Billion |
| 2020 | 39.00% | 16.61% | 1.31x | 1.79x | ₩66.38 Billion |
| 2021 | 8.29% | 3.84% | 1.25x | 1.72x | ₩-4.42 Billion |
| 2022 | 0.43% | 0.16% | 1.41x | 1.94x | ₩-24.70 Billion |
| 2023 | 1.53% | 0.59% | 1.05x | 2.47x | ₩-22.15 Billion |
| 2024 | 6.46% | 1.89% | 1.50x | 2.27x | ₩-10.38 Billion |
Industry Comparison
This section compares Sungdo Engineering & 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 |
|---|---|---|---|---|
| Sungdo Engineering & Construction Co. Ltd (037350) | ₩323.92 Billion | 12.23% | 0.93x | $127.92 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 Sungdo Engineering & Construction Co. Ltd
Sungdo Engineering & Construction Co., Ltd. engages in the construction of industrial facilities and plants in South Korea and internationally. The company engages in the general construction business, including the civil engineering, construction, and real estate development of industrial facility plants, general buildings, housings, bio-pharm plants, logistics centers, food factories, industria… Read more