Saedong Co.Ltd (053060) - Net Assets
Based on the latest financial reports, Saedong Co.Ltd (053060) has net assets worth ₩43.74 Billion KRW (≈ $29.64 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩137.97 Billion ≈ $93.50 Million USD) and total liabilities (₩94.23 Billion ≈ $63.86 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 053060 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩43.74 Billion |
| % of Total Assets | 31.7% |
| Annual Growth Rate | 3.6% |
| 5-Year Change | 135.56% |
| 10-Year Change | 109.1% |
| Growth Volatility | 35.48 |
Saedong Co.Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Saedong Co.Ltd's net assets have evolved over time, based on quarterly financial data. See Saedong Co.Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Saedong Co.Ltd (2005–2025)
The table below shows the annual net assets of Saedong Co.Ltd from 2005 to 2025. For live valuation and market cap data, see Saedong Co.Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩40.30 Billion ≈ $27.31 Million |
+14.81% |
| 2024-12-31 | ₩35.10 Billion ≈ $23.79 Million |
-6.21% |
| 2023-12-31 | ₩37.42 Billion ≈ $25.36 Million |
+31.41% |
| 2022-12-31 | ₩28.48 Billion ≈ $19.30 Million |
+66.47% |
| 2021-12-31 | ₩17.11 Billion ≈ $11.59 Million |
+122.57% |
| 2020-12-31 | ₩7.69 Billion ≈ $5.21 Million |
-37.05% |
| 2019-12-31 | ₩12.21 Billion ≈ $8.27 Million |
-43.81% |
| 2018-12-31 | ₩21.73 Billion ≈ $14.73 Million |
+4.34% |
| 2017-12-31 | ₩20.83 Billion ≈ $14.12 Million |
+8.07% |
| 2016-12-31 | ₩19.27 Billion ≈ $13.06 Million |
-13.89% |
| 2015-12-31 | ₩22.38 Billion ≈ $15.17 Million |
-18.06% |
| 2014-12-31 | ₩27.32 Billion ≈ $18.51 Million |
+15.90% |
| 2013-12-31 | ₩23.57 Billion ≈ $15.97 Million |
+6.29% |
| 2012-12-31 | ₩22.17 Billion ≈ $15.03 Million |
-2.41% |
| 2011-12-31 | ₩22.72 Billion ≈ $15.40 Million |
-26.84% |
| 2010-12-31 | ₩31.06 Billion ≈ $21.05 Million |
+29.86% |
| 2009-12-31 | ₩23.92 Billion ≈ $16.21 Million |
+5.67% |
| 2008-12-31 | ₩22.63 Billion ≈ $15.34 Million |
+10.00% |
| 2007-12-31 | ₩20.58 Billion ≈ $13.94 Million |
+3.56% |
| 2006-12-31 | ₩19.87 Billion ≈ $13.47 Million |
+0.01% |
| 2005-12-31 | ₩19.87 Billion ≈ $13.46 Million |
-- |
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 grown by 47.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩11.58 Billion | 28.74% |
| Other Components | ₩28.72 Billion | 71.26% |
| Total Equity | ₩40.30 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 |
|---|---|
|
Volt Resources Ltd
AU:VRC
|
$20.42 Million |
|
ES Ceramics Technology Bhd
KLSE:0100
|
$20.42 Million |
|
Daemyung Sonoseason Co.Ltd
KQ:007720
|
$20.42 Million |
|
Destinasi Tirta Nusantara Tbk
JK:PDES
|
$20.45 Million |
|
Rapid Synergy Bhd
KLSE:7765
|
$20.40 Million |
|
Korporacja KGL S.A.
WAR:KGL
|
$20.38 Million |
|
Nanologica AB
ST:NICA
|
$20.38 Million |
|
LANCOR HOLDINGS LTD.
NSE:LANCORHOL
|
$20.38 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 2024 to 2025, total equity changed from 35,101,157,740 to 40,298,918,000, a change of 5,197,760,260 (14.8%).
- Net income of 5,881,714,290 contributed positively to equity growth.
- Other factors decreased equity by 683,954,030.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩5.88 Billion | +14.6% |
| Other Changes | ₩-683.95 Million | -1.7% |
| Total Change | ₩- | 14.81% |
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 | ₩1407.00 | x |
| 2017-12-31 | ₩1932.25 | ₩1407.00 | x |
| 2018-12-31 | ₩1852.00 | ₩1407.00 | x |
| 2019-12-31 | ₩1040.60 | ₩1407.00 | x |
| 2020-12-31 | ₩578.19 | ₩1407.00 | x |
| 2021-12-31 | ₩979.92 | ₩1407.00 | x |
| 2022-12-31 | ₩1631.27 | ₩1407.00 | x |
| 2023-12-31 | ₩2119.51 | ₩1407.00 | x |
| 2024-12-31 | ₩1987.96 | ₩1407.00 | x |
| 2025-12-31 | ₩2282.33 | ₩1407.00 | 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): 14.60%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.10%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 3.33x
- Recent ROE (14.60%) is above the historical average (-5.49%), 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 |
| 2025 | 14.60% | 3.10% | 1.41x | 3.33x | ₩1.85 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: $79,966,007,387
- Average return on equity (ROE) among peers: 4.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Saedong Co.Ltd (053060) | ₩43.74 Billion | 1.77% | 2.15x | $20.42 Million |
| CBI Co. Ltd (013720) | $19.85 Billion | -15.25% | 1.23x | $2.63 Million |
| Ilji Technology Co. Ltd (019540) | $75.99 Billion | 15.06% | 1.99x | $56.66 Million |
| Hanil Forging Industrial Co. Ltd (024740) | $104.93 Billion | -1.06% | 1.17x | $49.13 Million |
| HRS Co. Ltd (036640) | $106.45 Billion | 9.43% | 0.10x | $52.26 Million |
| Ecoplastic Corporation (038110) | $124.37 Billion | 4.29% | 3.18x | $41.05 Million |
| Guyoung Technology Co. Ltd (053270) | $54.99 Billion | 2.66% | 2.40x | $34.35 Million |
| Sambo Motors Co. Ltd (053700) | $47.97 Billion | 6.21% | 1.68x | $48.70 Million |
| ESTec Corporation (069510) | $138.97 Billion | 14.36% | 0.40x | $69.42 Million |
| Sungchang Autotech Co. Ltd (080470) | $46.18 Billion | 3.34% | 1.44x | $15.83 Million |
About 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.