Seung Il Corporation
Seung Il Corporation manufactures and sells aerosol and regular cans. The company offers aerosol cans, valves, valve components, top and bottoms, and button and caps for use in insecticide, cosmetic, industrial, and export markets, as well as for household and industrial products; and rectangular, pail, unround, and round cans for oil, sauce, starch sugar, lubricant, and chemical products. It als… Read more
Seung Il Corporation (049830) - Net Assets
Latest net assets as of September 2025: ₩150.97 Billion KRW
Based on the latest financial reports, Seung Il Corporation (049830) has net assets worth ₩150.97 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 (₩177.16 Billion) and total liabilities (₩26.20 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 | ₩150.97 Billion |
| % of Total Assets | 85.21% |
| Annual Growth Rate | 1.93% |
| 5-Year Change | 5.22% |
| 10-Year Change | 15.03% |
| Growth Volatility | 2.08 |
Seung Il Corporation - Net Assets Trend (2014–2024)
This chart illustrates how Seung Il Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Seung Il Corporation (2014–2024)
The table below shows the annual net assets of Seung Il Corporation from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩148.61 Billion | +2.16% |
| 2023-12-31 | ₩145.47 Billion | -0.04% |
| 2022-12-31 | ₩145.52 Billion | +0.37% |
| 2021-12-31 | ₩144.98 Billion | +2.66% |
| 2020-12-31 | ₩141.23 Billion | +0.51% |
| 2019-12-31 | ₩140.51 Billion | -1.14% |
| 2018-12-31 | ₩142.13 Billion | +5.60% |
| 2017-12-31 | ₩134.60 Billion | +1.68% |
| 2016-12-31 | ₩132.37 Billion | +2.46% |
| 2015-12-31 | ₩129.19 Billion | +5.25% |
| 2014-12-31 | ₩122.75 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Seung Il Corporation'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 26.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩129.23 Billion | 86.96% |
| Other Components | ₩19.38 Billion | 13.04% |
| Total Equity | ₩148.61 Billion | 100.00% |
Seung Il Corporation Competitors by Market Cap
The table below lists competitors of Seung Il Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xplus SA
WAR:XPL
|
$7.10 Million |
|
Biofrontera Inc
NASDAQ:BFRI
|
$7.10 Million |
|
PT Royaltama Mulia Kontraktorindo Tbk
JK:RMKO
|
$7.10 Million |
|
Intermedical Care and Lab Hospital Public Company Limited
BK:IMH
|
$7.10 Million |
|
Khadim India Limited
NSE:KHADIM
|
$7.09 Million |
|
240600
KQ:240600
|
$7.09 Million |
|
FoodHub Spolka Akcyjna
WAR:FHB
|
$7.09 Million |
|
Straits Inter Logistics Bhd
KLSE:0080
|
$7.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seung Il Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 145,468,335,970 to 148,613,037,480, a change of 3,144,701,510 (2.2%).
- Net income of 3,660,604,620 contributed positively to equity growth.
- Dividend payments of 502,139,710 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.66 Billion | +2.46% |
| Dividends Paid | ₩502.14 Million | -0.34% |
| Other Changes | ₩-13.76 Million | -0.01% |
| Total Change | ₩- | 2.16% |
Book Value vs Market Value Analysis
This analysis compares Seung Il Corporation'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: 0.30x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩22406.81 | ₩7510.00 | x |
| 2017-12-31 | ₩22784.34 | ₩7510.00 | x |
| 2018-12-31 | ₩24059.15 | ₩7510.00 | x |
| 2019-12-31 | ₩23785.21 | ₩7510.00 | x |
| 2020-12-31 | ₩23907.52 | ₩7510.00 | x |
| 2021-12-31 | ₩24542.26 | ₩7510.00 | x |
| 2022-12-31 | ₩24633.54 | ₩7510.00 | x |
| 2023-12-31 | ₩24624.24 | ₩7510.00 | x |
| 2024-12-31 | ₩25156.56 | ₩7510.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seung Il Corporation 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): 2.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.53%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.19x
- Recent ROE (2.46%) is below the historical average (2.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 6.71% | 6.37% | 0.84x | 1.26x | ₩-4.03 Billion |
| 2015 | 5.38% | 5.55% | 0.75x | 1.29x | ₩-5.97 Billion |
| 2016 | 2.40% | 2.30% | 0.81x | 1.29x | ₩-10.06 Billion |
| 2017 | 2.03% | 2.01% | 0.80x | 1.26x | ₩-10.73 Billion |
| 2018 | 5.58% | 5.25% | 0.85x | 1.26x | ₩-6.28 Billion |
| 2019 | -0.42% | -0.43% | 0.80x | 1.22x | ₩-14.64 Billion |
| 2020 | 0.57% | 0.61% | 0.76x | 1.23x | ₩-13.32 Billion |
| 2021 | 2.68% | 2.63% | 0.81x | 1.25x | ₩-10.62 Billion |
| 2022 | 0.90% | 0.83% | 0.90x | 1.22x | ₩-13.24 Billion |
| 2023 | 0.29% | 0.29% | 0.82x | 1.19x | ₩-14.13 Billion |
| 2024 | 2.46% | 2.53% | 0.82x | 1.19x | ₩-11.20 Billion |
Industry Comparison
This section compares Seung Il Corporation's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $148,313,907,556
- Average return on equity (ROE) among peers: 4.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seung Il Corporation (049830) | ₩150.97 Billion | 6.71% | 0.17x | $7.10 Million |
| Shin Hwa Silup (001770) | $39.42 Billion | 4.90% | 0.77x | $7.21 Million |
| Export Packing (002200) | $216.92 Billion | -2.43% | 0.38x | $37.93 Million |
| Shin Poong Pap (002870) | $52.23 Billion | 16.72% | 2.20x | $12.88 Million |
| Sam Young Chem (003720) | $52.10 Billion | 5.19% | 1.61x | $124.71 Million |
| National Plastic Co Ltd Preferred (004255) | $284.20 Billion | 5.07% | 0.42x | $21.22 Million |
| Samhwa Crown (004450) | $115.04 Billion | 6.86% | 0.24x | $6.81 Million |
| Daeryuk Can Co. Ltd (004780) | $150.83 Billion | 7.63% | 0.36x | $19.30 Million |
| Wonlim Corp. (005820) | $96.84 Billion | 4.35% | 0.33x | $7.13 Million |
| Youlchon Chem (008730) | $341.98 Billion | 5.33% | 0.77x | $183.25 Million |
| Kumbi Corporation (008870) | $133.59 Billion | -9.90% | 1.30x | $5.69 Million |