SOOSAN INT Co. Ltd (050960) - Net Assets
Based on the latest financial reports, SOOSAN INT Co. Ltd (050960) has net assets worth ₩90.13 Billion KRW (≈ $61.08 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 (₩94.06 Billion ≈ $63.74 Million USD) and total liabilities (₩3.92 Billion ≈ $2.66 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 050960 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩90.13 Billion |
| % of Total Assets | 95.83% |
| Annual Growth Rate | 14.75% |
| 5-Year Change | 11.27% |
| 10-Year Change | 97.14% |
| Growth Volatility | 88.53 |
SOOSAN INT Co. Ltd - Net Assets Trend (2009–2024)
This chart illustrates how SOOSAN INT Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore SOOSAN INT Co. Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for SOOSAN INT Co. Ltd (2009–2024)
The table below shows the annual net assets of SOOSAN INT Co. Ltd from 2009 to 2024. For live valuation and market cap data, see market value of SOOSAN INT Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩87.36 Billion ≈ $59.21 Million |
+3.34% |
| 2023-12-31 | ₩84.54 Billion ≈ $57.29 Million |
+4.59% |
| 2022-12-31 | ₩80.82 Billion ≈ $54.77 Million |
+1.43% |
| 2021-12-31 | ₩79.68 Billion ≈ $54.00 Million |
+1.49% |
| 2020-12-31 | ₩78.51 Billion ≈ $53.21 Million |
+3.13% |
| 2019-12-31 | ₩76.13 Billion ≈ $51.59 Million |
+4.75% |
| 2018-12-31 | ₩72.68 Billion ≈ $49.25 Million |
+3.66% |
| 2017-12-31 | ₩70.11 Billion ≈ $47.51 Million |
+3.91% |
| 2016-12-31 | ₩67.47 Billion ≈ $45.72 Million |
+52.25% |
| 2015-12-31 | ₩44.32 Billion ≈ $30.03 Million |
+299.78% |
| 2009-12-31 | ₩11.09 Billion ≈ $7.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SOOSAN INT 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 8116.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩57.81 Billion | 66.17% |
| Common Stock | ₩3.38 Billion | 3.86% |
| Other Components | ₩26.18 Billion | 29.96% |
| Total Equity | ₩87.36 Billion | 100.00% |
SOOSAN INT Co. Ltd Competitors by Market Cap
The table below lists competitors of SOOSAN INT Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cyan AG
XETRA:CYR
|
$43.46 Million |
|
Crest Group Berhad
KLSE:0323
|
$43.46 Million |
|
LTKM Bhd
KLSE:7085
|
$43.48 Million |
|
Rallybio Corp
NASDAQ:RLYB
|
$43.48 Million |
|
Royalty Management Holding Corporation
NASDAQ:RMCO
|
$43.45 Million |
|
Ctac N.V
AS:CTAC
|
$43.44 Million |
|
Barratt Redrow plc
LSE:BTRW
|
$43.40 Million |
|
Alpha Exploration Ltd
V:ALEX
|
$43.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SOOSAN INT Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 84,537,565,690 to 87,363,598,590, a change of 2,826,032,900 (3.3%).
- Net income of 4,430,990,720 contributed positively to equity growth.
- Dividend payments of 847,547,770 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩4.43 Billion | +5.07% |
| Dividends Paid | ₩847.55 Million | -0.97% |
| Other Changes | ₩-757.41 Million | -0.87% |
| Total Change | ₩- | 3.34% |
Book Value vs Market Value Analysis
This analysis compares SOOSAN INT 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: 0.73x
- 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 0.95x to 0.73x 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 | ₩9994.40 | ₩9500.00 | x |
| 2017-12-31 | ₩10385.59 | ₩9500.00 | x |
| 2018-12-31 | ₩10765.53 | ₩9500.00 | x |
| 2019-12-31 | ₩11277.33 | ₩9500.00 | x |
| 2020-12-31 | ₩11629.97 | ₩9500.00 | x |
| 2021-12-31 | ₩11802.80 | ₩9500.00 | x |
| 2022-12-31 | ₩11972.12 | ₩9500.00 | x |
| 2023-12-31 | ₩12522.23 | ₩9500.00 | x |
| 2024-12-31 | ₩12940.84 | ₩9500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SOOSAN INT 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): 5.07%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.61%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.05x
- Recent ROE (5.07%) is below the historical average (9.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 48.96% | 68.95% | 0.69x | 1.03x | ₩4.32 Billion |
| 2015 | 9.69% | 30.50% | 0.31x | 1.03x | ₩-136.10 Million |
| 2016 | 7.66% | 31.79% | 0.23x | 1.03x | ₩-1.58 Billion |
| 2017 | 6.01% | 25.70% | 0.23x | 1.02x | ₩-2.80 Billion |
| 2018 | 4.29% | 19.18% | 0.22x | 1.03x | ₩-4.15 Billion |
| 2019 | 3.81% | 18.14% | 0.20x | 1.04x | ₩-4.71 Billion |
| 2020 | 3.59% | 12.29% | 0.25x | 1.19x | ₩-5.03 Billion |
| 2021 | 2.22% | 7.08% | 0.26x | 1.21x | ₩-6.20 Billion |
| 2022 | 3.08% | 9.73% | 0.27x | 1.17x | ₩-5.59 Billion |
| 2023 | 6.59% | 23.33% | 0.24x | 1.16x | ₩-2.88 Billion |
| 2024 | 5.07% | 16.61% | 0.29x | 1.05x | ₩-4.31 Billion |
Industry Comparison
This section compares SOOSAN INT Co. Ltd's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $150,356,365,310
- Average return on equity (ROE) among peers: 10.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SOOSAN INT Co. Ltd (050960) | ₩90.13 Billion | 48.96% | 0.04x | $43.46 Million |
| Mirae ING Co Ltd (007120) | $69.59 Billion | 20.15% | 0.04x | $34.68 Million |
| S-1 Corp (012750) | $571.76 Billion | 20.09% | 0.37x | $1.79 Billion |
| Hitron Systems (019490) | $50.22 Billion | -12.73% | 0.46x | $28.02 Million |
| Korea Electronic Certification Authority Inc (041460) | $25.89 Billion | 11.99% | 0.50x | $52.10 Million |
| IGLOO SECURITY Inc (067920) | $48.29 Billion | 4.26% | 0.23x | $48.46 Million |
| Suprema Inc (236200) | $136.39 Billion | 19.02% | 0.09x | $256.83 Million |
About SOOSAN INT Co. Ltd
SOOSAN INT Co., Ltd. provides network security solutions and ISP platform services for telecoms in South Korea and China, Vietnam, and Thailand. Its security solutions include ePrism SSL VA, a solution to decrypt traffic, which monitors traffic on ports; eWalker DLP, a solution that analyzes and blocks information leakage and supports cloud environments from information leakage; eWalker SWG, a to… Read more