Saedong Co.Ltd
Saedong Co.,Ltd. manufactures and sells automobile parts in South Korea, China, and Brazil. It offers door belts; variable and general extrudate; general and gas injection; and molding products. The company was founded in 1986 and is headquartered in Busan, South Korea.
Saedong Co.Ltd (053060) - Net Assets
Latest net assets as of September 2025: ₩42.13 Billion KRW
Based on the latest financial reports, Saedong Co.Ltd (053060) has net assets worth ₩42.13 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 (₩131.12 Billion) and total liabilities (₩88.99 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 | ₩42.13 Billion |
| % of Total Assets | 32.13% |
| Annual Growth Rate | 3.04% |
| 5-Year Change | 356.66% |
| 10-Year Change | 56.82% |
| Growth Volatility | 36.37 |
Saedong Co.Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Saedong Co.Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Saedong Co.Ltd (2005–2024)
The table below shows the annual net assets of Saedong Co.Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩35.10 Billion | -6.21% |
| 2023-12-31 | ₩37.42 Billion | +31.41% |
| 2022-12-31 | ₩28.48 Billion | +66.47% |
| 2021-12-31 | ₩17.11 Billion | +122.57% |
| 2020-12-31 | ₩7.69 Billion | -37.05% |
| 2019-12-31 | ₩12.21 Billion | -43.81% |
| 2018-12-31 | ₩21.73 Billion | +4.34% |
| 2017-12-31 | ₩20.83 Billion | +8.07% |
| 2016-12-31 | ₩19.27 Billion | -13.89% |
| 2015-12-31 | ₩22.38 Billion | -18.06% |
| 2014-12-31 | ₩27.32 Billion | +15.90% |
| 2013-12-31 | ₩23.57 Billion | +6.29% |
| 2012-12-31 | ₩22.17 Billion | -2.41% |
| 2011-12-31 | ₩22.72 Billion | -26.84% |
| 2010-12-31 | ₩31.06 Billion | +29.86% |
| 2009-12-31 | ₩23.92 Billion | +5.67% |
| 2008-12-31 | ₩22.63 Billion | +10.00% |
| 2007-12-31 | ₩20.58 Billion | +3.56% |
| 2006-12-31 | ₩19.87 Billion | +0.01% |
| 2005-12-31 | ₩19.87 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Saedong 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 decreased by 29.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩5.52 Billion | 15.73% |
| Common Stock | ₩8.83 Billion | 25.15% |
| Other Components | ₩20.75 Billion | 59.12% |
| Total Equity | ₩35.10 Billion | 100.00% |
Saedong Co.Ltd Competitors by Market Cap
The table below lists competitors of Saedong Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Forte Minerals Corp.
OTCQB:FOMNF
|
$10.63 Million |
|
CSRIF
PINK:CSRIF
|
$10.63 Million |
|
Buyung Poetra Sembada Tbk PT
JK:HOKI
|
$10.64 Million |
|
Andfjord Salmon AS
OL:ANDF
|
$10.64 Million |
|
Gyldendal ASA
OL:GYL
|
$10.63 Million |
|
Green River Holding Co Ltd
TWO:8444
|
$10.62 Million |
|
CLEANTECH LITH. LS -01
F:T2N
|
$10.61 Million |
|
Worksport Ltd
NASDAQ:WKSP
|
$10.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Saedong Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 37,423,893,500 to 35,101,157,740, a change of -2,322,735,760 (-6.2%).
- Net loss of 1,152,315,260 reduced equity.
- Other factors decreased equity by 1,170,420,500.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-1.15 Billion | -3.28% |
| Other Changes | ₩-1.17 Billion | -3.33% |
| Total Change | ₩- | -6.21% |
Book Value vs Market Value Analysis
This analysis compares Saedong 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: 0.62x
- 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 | ₩2238.65 | ₩1232.00 | x |
| 2017-12-31 | ₩1932.25 | ₩1232.00 | x |
| 2018-12-31 | ₩1852.00 | ₩1232.00 | x |
| 2019-12-31 | ₩1040.60 | ₩1232.00 | x |
| 2020-12-31 | ₩578.19 | ₩1232.00 | x |
| 2021-12-31 | ₩979.92 | ₩1232.00 | x |
| 2022-12-31 | ₩1631.27 | ₩1232.00 | x |
| 2023-12-31 | ₩2119.51 | ₩1232.00 | x |
| 2024-12-31 | ₩1987.96 | ₩1232.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Saedong 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): -3.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.67%
- • Asset Turnover: 1.57x
- • Equity Multiplier: 3.10x
- Recent ROE (-3.28%) is above the historical average (-6.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 1.77% | 0.68% | 1.08x | 2.43x | ₩-1.45 Billion |
| 2006 | 3.01% | 0.98% | 1.17x | 2.62x | ₩-1.25 Billion |
| 2007 | 1.66% | 0.49% | 1.08x | 3.13x | ₩-1.52 Billion |
| 2009 | 5.20% | 1.17% | 1.09x | 4.09x | ₩-923.21 Million |
| 2010 | 20.93% | 4.77% | 1.27x | 3.46x | ₩2.70 Billion |
| 2011 | 0.68% | 0.17% | 1.22x | 3.31x | ₩-2.12 Billion |
| 2012 | 2.65% | 0.56% | 1.12x | 4.20x | ₩-1.63 Billion |
| 2013 | 6.06% | 1.20% | 1.17x | 4.30x | ₩-927.75 Million |
| 2014 | -6.74% | -1.52% | 0.96x | 4.60x | ₩-4.57 Billion |
| 2015 | -18.76% | -3.19% | 1.04x | 5.63x | ₩-6.44 Billion |
| 2016 | -13.38% | -2.05% | 0.99x | 6.61x | ₩-4.51 Billion |
| 2017 | -37.35% | -6.52% | 1.04x | 5.50x | ₩-9.86 Billion |
| 2018 | -19.24% | -2.97% | 1.13x | 5.73x | ₩-6.36 Billion |
| 2019 | -18.38% | -1.52% | 1.27x | 9.52x | ₩-3.47 Billion |
| 2020 | -114.82% | -7.39% | 1.18x | 13.12x | ₩-9.59 Billion |
| 2021 | -4.06% | -0.54% | 1.16x | 6.46x | ₩-2.41 Billion |
| 2022 | 43.43% | 7.93% | 1.42x | 3.85x | ₩9.52 Billion |
| 2023 | 26.19% | 5.77% | 1.44x | 3.15x | ₩6.06 Billion |
| 2024 | -3.28% | -0.67% | 1.57x | 3.10x | ₩-4.66 Billion |
Industry Comparison
This section compares Saedong Co.Ltd's net assets metrics with peer companies in the Automobiles & Auto Parts industry.
Industry Context
- Industry: Automobiles & Auto Parts
- Average net assets among peers: $70,428,666,350
- Average return on equity (ROE) among peers: 1.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Saedong Co.Ltd (053060) | ₩42.13 Billion | 1.77% | 2.11x | $10.63 Million |
| CBI Co. Ltd (013720) | $30.17 Billion | -40.70% | 1.54x | $40.80 Million |
| Ilji Technology Co. Ltd (019540) | $122.84 Billion | -2.81% | 1.81x | $31.01 Million |
| CNH Co. Ltd (023460) | $96.88 Billion | 3.26% | 2.48x | $122.68K |
| Hanil Forging Industrial Co. Ltd (024740) | $68.01 Billion | 4.18% | 0.95x | $45.82 Million |
| HRS Co. Ltd (036640) | $74.76 Billion | 5.31% | 0.30x | $29.83 Million |
| Ecoplastic Corporation (038110) | $74.25 Billion | 12.92% | 2.02x | $46.59 Million |
| Guyoung Technology Co. Ltd (053270) | $83.43 Billion | 4.77% | 1.88x | $20.94 Million |
| Sambo Motors Co. Ltd (053700) | $50.01 Billion | 7.84% | 2.19x | $45.66 Million |
| ESTec Corporation (069510) | $33.53 Billion | 21.14% | 0.91x | $30.52 Million |