SM Entertainment Co. Ltd (041510) - Net Assets
Based on the latest financial reports, SM Entertainment Co. Ltd (041510) has net assets worth ₩1.36 Trillion KRW (≈ $920.80 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩2.01 Trillion ≈ $1.36 Billion USD) and total liabilities (₩648.97 Billion ≈ $439.79 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 SM Entertainment Co. Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.36 Trillion |
| % of Total Assets | 67.68% |
| Annual Growth Rate | 16.91% |
| 5-Year Change | 120.49% |
| 10-Year Change | 312.4% |
| Growth Volatility | 35.27 |
SM Entertainment Co. Ltd - Net Assets Trend (2006–2025)
This chart illustrates how SM Entertainment Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore SM Entertainment Co. Ltd (041510) total assets for the complete picture of this company's asset base.
Annual Net Assets for SM Entertainment Co. Ltd (2006–2025)
The table below shows the annual net assets of SM Entertainment Co. Ltd from 2006 to 2025. For live valuation and market cap data, see SM Entertainment Co. Ltd (041510) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩1.36 Trillion ≈ $920.80 Million |
+63.89% |
| 2024-12-31 | ₩829.08 Billion ≈ $561.86 Million |
-8.83% |
| 2023-12-31 | ₩909.40 Billion ≈ $616.29 Million |
+30.53% |
| 2022-12-31 | ₩696.72 Billion ≈ $472.16 Million |
+13.06% |
| 2021-12-31 | ₩616.23 Billion ≈ $417.61 Million |
+42.71% |
| 2020-12-31 | ₩431.80 Billion ≈ $292.62 Million |
-2.79% |
| 2019-12-31 | ₩444.17 Billion ≈ $301.01 Million |
+4.70% |
| 2018-12-31 | ₩424.25 Billion ≈ $287.51 Million |
+23.23% |
| 2017-12-31 | ₩344.26 Billion ≈ $233.30 Million |
+4.49% |
| 2016-12-31 | ₩329.47 Billion ≈ $223.28 Million |
+15.76% |
| 2015-12-31 | ₩284.61 Billion ≈ $192.88 Million |
+1.08% |
| 2014-12-31 | ₩281.58 Billion ≈ $190.82 Million |
+5.70% |
| 2013-12-31 | ₩266.39 Billion ≈ $180.53 Million |
+14.05% |
| 2012-12-31 | ₩233.57 Billion ≈ $158.29 Million |
+126.10% |
| 2011-12-31 | ₩103.31 Billion ≈ $70.01 Million |
+76.46% |
| 2008-12-31 | ₩58.54 Billion ≈ $39.67 Million |
-19.84% |
| 2007-12-31 | ₩73.03 Billion ≈ $49.49 Million |
+4.59% |
| 2006-12-31 | ₩69.83 Billion ≈ $47.32 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to SM Entertainment 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 79020.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩618.48 Billion | 61.69% |
| Other Components | ₩384.15 Billion | 38.31% |
| Total Equity | ₩1.00 Trillion | 100.00% |
SM Entertainment Co. Ltd Competitors by Market Cap
The table below lists competitors of SM Entertainment Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Success Electronics Ltd
SHE:002289
|
$1.50 Billion |
|
Proeduca Altus S.A.
MC:PRO
|
$1.50 Billion |
|
ALPEK S.A.B. de C.V
MX:ALPEKA
|
$1.50 Billion |
|
North Long Dragon New Materials Technology Co. Ltd. A
SHE:301357
|
$1.50 Billion |
|
Yantai China Pet Foods Co Ltd
SHE:002891
|
$1.50 Billion |
|
Flight Centre Travel Group Ltd
AU:FLT
|
$1.50 Billion |
|
NH SPAC 8
KQ:218410
|
$1.50 Billion |
|
Daejoo Electronic Materials Co. Ltd
KQ:078600
|
$1.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SM Entertainment Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 664,797,589,610 to 1,002,623,745,970, a change of 337,826,156,360 (50.8%).
- Net income of 347,212,781,570 contributed positively to equity growth.
- Dividend payments of 12,890,253,040 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩347.21 Billion | +34.63% |
| Dividends Paid | ₩12.89 Billion | -1.29% |
| Other Changes | ₩3.50 Billion | +0.35% |
| Total Change | ₩- | 50.82% |
Book Value vs Market Value Analysis
This analysis compares SM Entertainment 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: 2.21x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.38x to 2.21x 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 | ₩15144.26 | ₩96600.00 | x |
| 2017-12-31 | ₩15965.61 | ₩96600.00 | x |
| 2018-12-31 | ₩18450.28 | ₩96600.00 | x |
| 2019-12-31 | ₩18974.46 | ₩96600.00 | x |
| 2020-12-31 | ₩18686.28 | ₩96600.00 | x |
| 2021-12-31 | ₩26333.35 | ₩96600.00 | x |
| 2022-12-31 | ₩29466.73 | ₩96600.00 | x |
| 2023-12-31 | ₩30825.42 | ₩96600.00 | x |
| 2024-12-31 | ₩29037.20 | ₩96600.00 | x |
| 2025-12-31 | ₩43792.85 | ₩96600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SM Entertainment 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): 34.63%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.55%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 2.00x
- Recent ROE (34.63%) is above the historical average (8.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 7.32% | 9.05% | 0.58x | 1.40x | ₩-1.57 Billion |
| 2011 | 21.79% | 15.92% | 0.85x | 1.61x | ₩12.32 Billion |
| 2012 | 19.04% | 16.54% | 0.75x | 1.54x | ₩18.95 Billion |
| 2013 | 8.13% | 6.99% | 0.68x | 1.70x | ₩-4.32 Billion |
| 2014 | 2.49% | 2.09% | 0.75x | 1.59x | ₩-18.14 Billion |
| 2015 | 7.62% | 6.73% | 0.70x | 1.62x | ₩-6.76 Billion |
| 2016 | 1.11% | 1.04% | 0.67x | 1.59x | ₩-29.30 Billion |
| 2017 | 1.26% | 1.18% | 0.46x | 2.32x | ₩-30.10 Billion |
| 2018 | 7.21% | 5.00% | 0.61x | 2.36x | ₩-11.83 Billion |
| 2019 | -2.05% | -1.38% | 0.59x | 2.51x | ₩-53.52 Billion |
| 2020 | -16.25% | -12.10% | 0.54x | 2.48x | ₩-113.34 Billion |
| 2021 | 21.67% | 19.03% | 0.53x | 2.13x | ₩71.92 Billion |
| 2022 | 11.48% | 9.40% | 0.58x | 2.10x | ₩10.32 Billion |
| 2023 | 12.08% | 9.08% | 0.62x | 2.13x | ₩15.05 Billion |
| 2024 | 2.75% | 1.85% | 0.70x | 2.13x | ₩-48.17 Billion |
| 2025 | 34.63% | 29.55% | 0.59x | 2.00x | ₩246.95 Billion |
Industry Comparison
This section compares SM Entertainment Co. Ltd's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $454,103,303,289
- Average return on equity (ROE) among peers: -10.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SM Entertainment Co. Ltd (041510) | ₩1.36 Trillion | 7.32% | 0.48x | $1.50 Billion |
| IHQ Inc (003560) | $50.84 Billion | 0.00% | 0.88x | $39.98 Million |
| KIWI Media Group Co.Ltd (012170) | $46.46 Billion | -65.81% | 1.51x | $17.62 Million |
| Barunson Co. Ltd (018700) | $38.66 Billion | -1.14% | 0.06x | $13.09 Million |
| Fantagio Corp (032800) | $22.52 Billion | -12.46% | 0.28x | $10.59 Million |
| Taegu Broadcasting Corporation (033830) | $100.73 Billion | 3.61% | 0.07x | $38.38 Million |
| Seoul Broadcasting System (034120) | $540.28 Billion | -1.25% | 0.48x | $199.86 Million |
| CJ ENM CO. Ltd (035760) | $2.76 Trillion | 5.89% | 1.44x | $760.56 Million |
| JYP Entertainment Corporation (035900) | $14.11 Billion | 0.00% | 0.74x | $1.41 Billion |
| Jcontentree Corp (036420) | $510.12 Billion | -23.35% | 3.81x | $78.33 Million |
About SM Entertainment Co. Ltd
SM Entertainment Co., Ltd. engages in music/sound production, talent management, and music/audio content publication activities in South Korea and internationally. The company produces music under the BALJUNSO label, movies, TV dramas and shows, musical programs, and concerts; and provides a magazine under the THE CELEBRITY name and social network services. It also operates wine shops, travel age… Read more