SFA Engineering Corporation (056190) - Net Assets
Based on the latest financial reports, SFA Engineering Corporation (056190) has net assets worth ₩1.51 Trillion KRW (≈ $1.02 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩2.33 Trillion ≈ $1.58 Billion USD) and total liabilities (₩818.82 Billion ≈ $554.91 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 SFA Engineering Corporation (056190) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.51 Trillion |
| % of Total Assets | 64.84% |
| Annual Growth Rate | 14.59% |
| 5-Year Change | 47.01% |
| 10-Year Change | 142.49% |
| Growth Volatility | 16.98 |
SFA Engineering Corporation - Net Assets Trend (2005–2024)
This chart illustrates how SFA Engineering Corporation's net assets have evolved over time, based on quarterly financial data. Also explore SFA Engineering Corporation assets under control for the complete picture of this company's asset base.
Annual Net Assets for SFA Engineering Corporation (2005–2024)
The table below shows the annual net assets of SFA Engineering Corporation from 2005 to 2024. For live valuation and market cap data, see 056190 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.52 Trillion ≈ $1.03 Billion |
-5.90% |
| 2023-12-31 | ₩1.62 Trillion ≈ $1.10 Billion |
+47.60% |
| 2022-12-31 | ₩1.10 Trillion ≈ $742.80 Million |
-1.79% |
| 2021-12-31 | ₩1.12 Trillion ≈ $756.36 Million |
+7.78% |
| 2020-12-31 | ₩1.04 Trillion ≈ $701.76 Million |
+18.29% |
| 2019-12-31 | ₩875.44 Billion ≈ $593.27 Million |
+11.54% |
| 2018-12-31 | ₩784.88 Billion ≈ $531.90 Million |
+0.98% |
| 2017-12-31 | ₩777.29 Billion ≈ $526.76 Million |
+36.67% |
| 2016-12-31 | ₩568.72 Billion ≈ $385.41 Million |
-9.41% |
| 2015-12-31 | ₩627.81 Billion ≈ $425.46 Million |
+31.48% |
| 2014-12-31 | ₩477.49 Billion ≈ $323.59 Million |
+3.42% |
| 2013-12-31 | ₩461.68 Billion ≈ $312.88 Million |
+23.77% |
| 2012-12-31 | ₩373.01 Billion ≈ $252.79 Million |
+4.63% |
| 2011-12-31 | ₩356.52 Billion ≈ $241.61 Million |
+35.04% |
| 2010-12-31 | ₩264.00 Billion ≈ $178.91 Million |
+15.64% |
| 2009-12-31 | ₩228.29 Billion ≈ $154.71 Million |
+2.51% |
| 2008-12-31 | ₩222.70 Billion ≈ $150.92 Million |
+10.08% |
| 2007-12-31 | ₩202.31 Billion ≈ $137.10 Million |
+18.17% |
| 2006-12-31 | ₩171.20 Billion ≈ $116.02 Million |
+49.44% |
| 2005-12-31 | ₩114.56 Billion ≈ $77.63 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SFA Engineering 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 99441156362000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩994.41 Billion | 109.84% |
| Common Stock | ₩17.95 Billion | 1.98% |
| Total Equity | ₩905.29 Billion | 100.00% |
SFA Engineering Corporation Competitors by Market Cap
The table below lists competitors of SFA Engineering Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HealthStream Inc
NASDAQ:HSTM
|
$603.15 Million |
|
Evergent Investments SA
RO:EVER
|
$603.20 Million |
|
Cracker Barrel Old Country Store
NASDAQ:CBRL
|
$603.26 Million |
|
Hebei Jianxin Chemical Co Ltd
SHE:300107
|
$603.65 Million |
|
Zhejiang Chengbang Landscape
SHG:603316
|
$602.87 Million |
|
Gansu Engineering Consulting Group Co Ltd
SHE:000779
|
$602.65 Million |
|
Deluxe Family Co Ltd
SHG:600503
|
$602.58 Million |
|
Qingdao Kingking Applied Chemistry Co Ltd
SHE:002094
|
$602.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SFA Engineering Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,033,407,127,590 to 905,286,942,980, a change of -128,120,184,610 (-12.4%).
- Net loss of 72,609,013,270 reduced equity.
- Dividend payments of 12,026,873,410 reduced retained earnings.
- Share repurchases of 70,389,559,240 reduced equity.
- Other factors increased equity by 26,905,261,310.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-72.61 Billion | -8.02% |
| Dividends Paid | ₩12.03 Billion | -1.33% |
| Share Repurchases | ₩70.39 Billion | -7.78% |
| Other Changes | ₩26.91 Billion | +2.97% |
| Total Change | ₩- | -12.40% |
Book Value vs Market Value Analysis
This analysis compares SFA Engineering 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: 1.05x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.93x to 1.05x 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 | ₩16295.94 | ₩31400.00 | x |
| 2017-12-31 | ₩21646.29 | ₩31400.00 | x |
| 2018-12-31 | ₩23444.73 | ₩31400.00 | x |
| 2019-12-31 | ₩26125.20 | ₩31400.00 | x |
| 2020-12-31 | ₩28837.60 | ₩31400.00 | x |
| 2021-12-31 | ₩31339.62 | ₩31400.00 | x |
| 2022-12-31 | ₩31974.08 | ₩31400.00 | x |
| 2023-12-31 | ₩31300.93 | ₩31400.00 | x |
| 2024-12-31 | ₩29975.03 | ₩31400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SFA Engineering 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): -8.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.55%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 2.74x
- Recent ROE (-8.02%) is below the historical average (15.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 35.88% | 11.56% | 0.96x | 3.24x | ₩29.64 Billion |
| 2006 | 31.26% | 13.99% | 1.12x | 1.99x | ₩36.39 Billion |
| 2007 | 20.78% | 13.60% | 0.81x | 1.88x | ₩21.81 Billion |
| 2008 | 22.35% | 11.47% | 1.03x | 1.89x | ₩27.51 Billion |
| 2009 | 7.90% | 5.77% | 0.99x | 1.38x | ₩-4.80 Billion |
| 2010 | 14.91% | 9.12% | 0.67x | 2.44x | ₩12.95 Billion |
| 2011 | 24.91% | 11.36% | 1.37x | 1.61x | ₩53.12 Billion |
| 2012 | 19.12% | 14.05% | 0.88x | 1.55x | ₩34.02 Billion |
| 2013 | 13.66% | 13.18% | 0.81x | 1.28x | ₩16.92 Billion |
| 2014 | 8.65% | 9.95% | 0.68x | 1.28x | ₩-6.44 Billion |
| 2015 | 6.21% | 5.86% | 0.44x | 2.40x | ₩-18.80 Billion |
| 2016 | 13.76% | 5.93% | 0.88x | 2.65x | ₩21.37 Billion |
| 2017 | 25.34% | 10.25% | 1.06x | 2.33x | ₩119.20 Billion |
| 2018 | 20.12% | 10.12% | 0.94x | 2.12x | ₩79.46 Billion |
| 2019 | 15.08% | 8.37% | 0.87x | 2.06x | ₩44.44 Billion |
| 2020 | 10.45% | 6.98% | 0.86x | 1.74x | ₩4.70 Billion |
| 2021 | 10.47% | 7.47% | 0.82x | 1.71x | ₩5.25 Billion |
| 2022 | 7.04% | 4.58% | 0.87x | 1.76x | ₩-32.45 Billion |
| 2023 | 3.87% | 2.15% | 0.66x | 2.73x | ₩-63.38 Billion |
| 2024 | -8.02% | -3.55% | 0.82x | 2.74x | ₩-163.14 Billion |
Industry Comparison
This section compares SFA Engineering Corporation's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $161,130,705,092
- Average return on equity (ROE) among peers: 82.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SFA Engineering Corporation (056190) | ₩1.51 Trillion | 35.88% | 0.54x | $602.93 Million |
| Hwacheon Mac (000850) | $131.77 Billion | 7.91% | 0.65x | $57.77 Million |
| Daidong Elec (008110) | $88.61 Billion | 9.10% | 0.47x | $71.25 Million |
| Booster Co. Ltd (008470) | $65.94 Billion | 9.50% | 0.26x | $21.20 Million |
| Simpac (009160) | $240.83 Billion | 5.35% | 0.58x | $101.09 Million |
| Kyung Dong Navien Co Ltd (009450) | $695.42 Billion | 17.88% | 0.95x | $761.04 Million |
| Korea Refract (010040) | $25.31 Billion | -5.89% | 3.13x | $48.01 Million |
| Woojin I&S Co Ltd (010400) | $106.95 Billion | 1.99% | 0.25x | $18.75 Million |
| Hwacheon Machi (010660) | $124.32 Billion | -0.54% | 0.30x | $75.74 Million |
| Han Shin Mach (011700) | $89.60 Billion | -1.35% | 0.41x | $101.16 Million |
| STX Corporation (011810) | $42.56 Billion | 785.68% | 13.74x | $74.11 Million |
About SFA Engineering Corporation
SFA Engineering Corporation manufactures and sells display equipment, logistics systems, secondary battery, semiconductor equipment, material handling, and special business equipment in South Korea and internationally. The company offers smart factory, that includes NEO AI solution and NEO platform solution; semiconductor equipment, such as clean logistics system and test equipment, as well as N2… Read more