Shinwha Intertek Corp
Shinwha Intertek Corp. produces and sells optical films in Korea and internationally. The company offers smart, prism, micro lens, reflector, diffuser, and other sheets that are used for TVs, monitors, laptops, and LCD back light units. It also provides various tapes, including light shielding, composite heat-resistant, protect, waterproof, cushion, thermal conductive, and EMI shielding tapes for… Read more
Shinwha Intertek Corp (056700) - Net Assets
Latest net assets as of September 2025: ₩99.63 Billion KRW
Based on the latest financial reports, Shinwha Intertek Corp (056700) has net assets worth ₩99.63 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 (₩177.17 Billion) and total liabilities (₩77.54 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 | ₩99.63 Billion |
| % of Total Assets | 56.24% |
| Annual Growth Rate | 2.79% |
| 5-Year Change | -4.33% |
| 10-Year Change | 0.52% |
| Growth Volatility | 18.0 |
Shinwha Intertek Corp - Net Assets Trend (2008–2024)
This chart illustrates how Shinwha Intertek Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shinwha Intertek Corp (2008–2024)
The table below shows the annual net assets of Shinwha Intertek Corp from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩94.29 Billion | +3.05% |
| 2023-12-31 | ₩91.50 Billion | -0.95% |
| 2022-12-31 | ₩92.37 Billion | -8.01% |
| 2021-12-31 | ₩100.42 Billion | +1.89% |
| 2020-12-31 | ₩98.55 Billion | +2.04% |
| 2019-12-31 | ₩96.59 Billion | +10.89% |
| 2018-12-31 | ₩87.10 Billion | -6.17% |
| 2017-12-31 | ₩92.83 Billion | -4.91% |
| 2016-12-31 | ₩97.63 Billion | +4.08% |
| 2015-12-31 | ₩93.80 Billion | +11.16% |
| 2014-12-31 | ₩84.38 Billion | +8.08% |
| 2013-12-31 | ₩78.07 Billion | +8.65% |
| 2012-12-31 | ₩71.86 Billion | -6.58% |
| 2011-12-31 | ₩76.92 Billion | -16.31% |
| 2010-12-31 | ₩91.92 Billion | -9.40% |
| 2009-12-31 | ₩101.45 Billion | +67.12% |
| 2008-12-31 | ₩60.71 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shinwha Intertek Corp'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 2227.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩14.57 Billion | 15.45% |
| Other Components | ₩88.48 Billion | 93.84% |
| Total Equity | ₩94.29 Billion | 100.00% |
Shinwha Intertek Corp Competitors by Market Cap
The table below lists competitors of Shinwha Intertek Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nevada Lithium Resources Inc
OTCQB:NVLHF
|
$29.68 Million |
|
Samyang Tongsang Co. Ltd.
KO:002170
|
$29.68 Million |
|
Yatra Online Inc
NASDAQ:YTRA
|
$29.69 Million |
|
Master Style PCL
BK:MASTER
|
$29.69 Million |
|
Roularta Media Group N.V.
LSE:0HC8
|
$29.68 Million |
|
Grupo Casas Bahia S.A.
SA:BHIA3
|
$29.67 Million |
|
Rua Gold Inc
OTCQB:NZAUF
|
$29.66 Million |
|
Orca Energy Group Inc
PINK:ORXGF
|
$29.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shinwha Intertek Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 91,497,445,180 to 94,290,334,340, a change of 2,792,889,160 (3.1%).
- Net income of 844,620,880 contributed positively to equity growth.
- Other factors increased equity by 1,948,268,280.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩844.62 Million | +0.9% |
| Other Changes | ₩1.95 Billion | +2.07% |
| Total Change | ₩- | 3.05% |
Book Value vs Market Value Analysis
This analysis compares Shinwha Intertek Corp'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: 0.58x
- 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 | ₩3365.22 | ₩1880.00 | x |
| 2017-12-31 | ₩3199.83 | ₩1880.00 | x |
| 2018-12-31 | ₩3002.25 | ₩1880.00 | x |
| 2019-12-31 | ₩3329.33 | ₩1880.00 | x |
| 2020-12-31 | ₩3397.10 | ₩1880.00 | x |
| 2021-12-31 | ₩3461.30 | ₩1880.00 | x |
| 2022-12-31 | ₩3183.99 | ₩1880.00 | x |
| 2023-12-31 | ₩3153.88 | ₩1880.00 | x |
| 2024-12-31 | ₩3250.15 | ₩1880.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shinwha Intertek Corp 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): 0.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.34%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 2.01x
- Recent ROE (0.90%) is below the historical average (1.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 2.93% | 0.74% | 1.06x | 3.74x | ₩-4.29 Billion |
| 2009 | 30.05% | 7.37% | 1.46x | 2.79x | ₩20.34 Billion |
| 2013 | 1.37% | 0.46% | 1.07x | 2.81x | ₩-6.74 Billion |
| 2014 | 9.26% | 3.76% | 0.91x | 2.71x | ₩-624.79 Million |
| 2015 | -4.29% | -2.11% | 0.93x | 2.17x | ₩-13.40 Billion |
| 2016 | 3.99% | 1.81% | 1.04x | 2.11x | ₩-5.87 Billion |
| 2017 | -2.58% | -1.36% | 0.90x | 2.11x | ₩-11.68 Billion |
| 2018 | -5.89% | -2.89% | 0.89x | 2.30x | ₩-13.84 Billion |
| 2019 | 9.81% | 3.72% | 1.38x | 1.91x | ₩-186.06 Million |
| 2020 | 3.38% | 1.31% | 1.45x | 1.79x | ₩-6.52 Billion |
| 2021 | 1.12% | 0.46% | 1.41x | 1.75x | ₩-8.92 Billion |
| 2022 | -9.10% | -4.18% | 1.16x | 1.87x | ₩-17.64 Billion |
| 2023 | -17.72% | -9.14% | 0.98x | 1.99x | ₩-25.36 Billion |
| 2024 | 0.90% | 0.34% | 1.31x | 2.01x | ₩-8.58 Billion |
Industry Comparison
This section compares Shinwha Intertek Corp's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $729,340,395,312
- Average return on equity (ROE) among peers: 5.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shinwha Intertek Corp (056700) | ₩99.63 Billion | 2.93% | 0.78x | $29.68 Million |
| DL Holdings CO. LTD. (000210) | $4.53 Trillion | 19.10% | 0.84x | $381.57 Million |
| Norooholdings (000320) | $402.45 Billion | 6.30% | 1.12x | $45.80 Million |
| Noroo Holdings Co Ltd (000325) | $583.54 Billion | 0.27% | 0.81x | $60.77 Million |
| Samhwa Paint (000390) | $299.72 Billion | 1.87% | 0.96x | $86.24 Million |
| Kangnam Jevisco Co Ltd (000860) | $366.15 Billion | 10.97% | 0.26x | $58.42 Million |
| Paik Kwang Ind (001340) | $204.57 Billion | 3.85% | 1.06x | $113.44 Million |
| Bo Lak (002760) | $43.76 Billion | 2.53% | 0.22x | $30.02 Million |
| Songwon Industrial (004430) | $543.25 Billion | 13.30% | 1.05x | $79.87 Million |
| Cho Kwang Pain (004910) | $172.73 Billion | -1.34% | 0.81x | $17.90 Million |
| Cosmoam&T (005070) | $147.00 Billion | -3.99% | 0.78x | $305.37 Million |