Sungho Electronics Corp
Sungho Electronics Corp. manufactures and sells electronic components in South Korea and internationally. It offers film capacitors for use in electric vehicles, 5G base stations, and green energy.; PCBAs, including display boards, main control boards, power boards, filter boards, inverter boards, and converter boards; power supply units for printers, LED lighting, PC's, and set-top box es; and L… Read more
Sungho Electronics Corp (043260) - Net Assets
Latest net assets as of September 2025: ₩162.57 Billion KRW
Based on the latest financial reports, Sungho Electronics Corp (043260) has net assets worth ₩162.57 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 (₩430.63 Billion) and total liabilities (₩268.06 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 | ₩162.57 Billion |
| % of Total Assets | 37.75% |
| Annual Growth Rate | 13.1% |
| 5-Year Change | 95.05% |
| 10-Year Change | 235.05% |
| Growth Volatility | 24.92 |
Sungho Electronics Corp - Net Assets Trend (2004–2024)
This chart illustrates how Sungho Electronics 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 Sungho Electronics Corp (2004–2024)
The table below shows the annual net assets of Sungho Electronics Corp from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩142.38 Billion | +39.52% |
| 2023-12-31 | ₩102.06 Billion | +22.97% |
| 2022-12-31 | ₩82.99 Billion | -10.66% |
| 2021-12-31 | ₩92.89 Billion | +27.25% |
| 2020-12-31 | ₩73.00 Billion | +77.39% |
| 2019-12-31 | ₩41.15 Billion | -2.62% |
| 2018-12-31 | ₩42.26 Billion | +6.98% |
| 2017-12-31 | ₩39.50 Billion | -4.62% |
| 2016-12-31 | ₩41.42 Billion | -2.54% |
| 2015-12-31 | ₩42.50 Billion | -5.98% |
| 2014-12-31 | ₩45.20 Billion | -6.19% |
| 2013-12-31 | ₩48.19 Billion | +0.01% |
| 2012-12-31 | ₩48.18 Billion | -10.97% |
| 2011-12-31 | ₩54.11 Billion | +0.30% |
| 2010-12-31 | ₩53.95 Billion | +22.96% |
| 2009-12-31 | ₩43.88 Billion | +3.81% |
| 2008-12-31 | ₩42.27 Billion | +60.76% |
| 2007-12-31 | ₩26.29 Billion | +55.66% |
| 2006-12-31 | ₩16.89 Billion | +13.86% |
| 2005-12-31 | ₩14.83 Billion | +22.12% |
| 2004-12-31 | ₩12.15 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sungho Electronics 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 grown by 4990285944000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩49.90 Billion | 35.05% |
| Common Stock | ₩30.50 Billion | 21.42% |
| Other Components | ₩61.98 Billion | 43.53% |
| Total Equity | ₩142.38 Billion | 100.00% |
Sungho Electronics Corp Competitors by Market Cap
The table below lists competitors of Sungho Electronics Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zee Entertainment Enterprises Limited
NSE:ZEEL
|
$879.91 Million |
|
Guangdong Macro Co Ltd
SHE:000533
|
$880.32 Million |
|
Zhejiang Yonghe Refrigerant Co Ltd
SHG:605020
|
$880.48 Million |
|
Beijing Shunxin Agriculture Co Ltd
SHE:000860
|
$880.58 Million |
|
Corporación Interamericana de Entretenimiento S.A.B. de C.V
MX:CIEB
|
$878.70 Million |
|
MFA FINANCIAL NEW DL -01
F:M4ZA
|
$878.66 Million |
|
Nos SGPS SA
LSE:0J1Z
|
$878.58 Million |
|
Raven Industries Inc
F:RV1
|
$878.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sungho Electronics Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 101,150,866,370 to 142,384,044,810, a change of 41,233,178,440 (40.8%).
- Net income of 7,666,111,570 contributed positively to equity growth.
- Share repurchases of 19,778,740,680 reduced equity.
- New share issuances of 11,999,998,930 increased equity.
- Other factors increased equity by 41,345,808,620.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩7.67 Billion | +5.38% |
| Share Repurchases | ₩19.78 Billion | -13.89% |
| Share Issuances | ₩12.00 Billion | +8.43% |
| Other Changes | ₩41.35 Billion | +29.04% |
| Total Change | ₩- | 40.76% |
Book Value vs Market Value Analysis
This analysis compares Sungho Electronics 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: 20.05x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 32.57x to 20.05x 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 | ₩1437.02 | ₩46800.00 | x |
| 2017-12-31 | ₩1370.59 | ₩46800.00 | x |
| 2018-12-31 | ₩1398.06 | ₩46800.00 | x |
| 2019-12-31 | ₩1178.69 | ₩46800.00 | x |
| 2020-12-31 | ₩1403.52 | ₩46800.00 | x |
| 2021-12-31 | ₩1761.94 | ₩46800.00 | x |
| 2022-12-31 | ₩1685.18 | ₩46800.00 | x |
| 2023-12-31 | ₩2085.77 | ₩46800.00 | x |
| 2024-12-31 | ₩2334.08 | ₩46800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sungho Electronics 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): 5.38%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.70%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 2.58x
- Recent ROE (5.38%) is above the historical average (3.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 1.06% | 0.38% | 1.00x | 2.79x | ₩-1.09 Billion |
| 2006 | 14.62% | 4.96% | 1.27x | 2.32x | ₩780.35 Million |
| 2007 | 4.75% | 2.35% | 1.07x | 1.89x | ₩-1.38 Billion |
| 2008 | 5.69% | 3.31% | 0.82x | 2.09x | ₩-1.82 Billion |
| 2009 | 8.55% | 3.75% | 1.14x | 2.00x | ₩-638.14 Million |
| 2010 | 11.24% | 3.95% | 1.50x | 1.90x | ₩670.68 Million |
| 2011 | 1.48% | 0.61% | 1.19x | 2.06x | ₩-4.61 Billion |
| 2014 | -8.81% | -4.79% | 0.81x | 2.28x | ₩-8.50 Billion |
| 2015 | -7.77% | -4.11% | 0.82x | 2.32x | ₩-7.55 Billion |
| 2016 | 1.70% | 0.80% | 0.91x | 2.32x | ₩-3.44 Billion |
| 2017 | 1.24% | 0.53% | 1.01x | 2.30x | ₩-3.46 Billion |
| 2018 | -3.88% | -1.80% | 0.94x | 2.30x | ₩-5.87 Billion |
| 2019 | -12.30% | -5.10% | 1.04x | 2.32x | ₩-9.18 Billion |
| 2020 | 18.68% | 12.72% | 0.76x | 1.94x | ₩6.34 Billion |
| 2021 | 3.41% | 2.38% | 0.67x | 2.14x | ₩-6.12 Billion |
| 2022 | -5.05% | -2.73% | 0.66x | 2.80x | ₩-12.49 Billion |
| 2023 | 17.49% | 8.50% | 0.77x | 2.67x | ₩7.58 Billion |
| 2024 | 5.38% | 3.70% | 0.56x | 2.58x | ₩-6.57 Billion |
Industry Comparison
This section compares Sungho Electronics Corp's net assets metrics with peer companies in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.
Industry Context
- Industry: Machinery, Tools, Heavy Vehicles, Trains & Ships
- Average net assets among peers: $58,884,204,116
- Average return on equity (ROE) among peers: 3.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sungho Electronics Corp (043260) | ₩162.57 Billion | 1.06% | 1.65x | $879.26 Million |
| Bosung Power Technology Co. Ltd (006910) | $36.72 Billion | 0.00% | 1.20x | $270.01 Million |
| Youngsin Metal Industrial Co. Ltd (007530) | $43.64 Billion | 2.17% | 2.14x | $23.12 Million |
| SMCore.Inc (007820) | $69.78 Billion | -0.91% | 0.33x | $53.93 Million |
| Heungkuk Metaltech Co.Ltd (010240) | $45.92 Billion | 3.64% | 0.72x | $18.96 Million |
| Nuintek Co.Ltd (012340) | $20.66 Billion | 0.00% | 1.89x | $5.70 Million |
| CAS Corporation (016920) | $64.56 Billion | 2.69% | 1.52x | $10.20 Million |
| Semyung Electric Machinery Co.Ltd (017510) | $63.37 Billion | 4.98% | 0.15x | $60.00 Million |
| Enertork Ltd (019990) | $40.18 Billion | -2.17% | 0.14x | $35.07 Million |
| Tae Kwang Corporation (023160) | $163.55 Billion | 27.43% | 0.40x | $272.58 Million |
| Woori Technology Inc (032820) | $40.45 Billion | 0.00% | 1.16x | $1.93 Billion |