Shinwha Intertek Corp (056700) - Net Assets

Latest as of December 2025: ₩97.65 Billion KRW ≈ $66.18 Million USD

Based on the latest financial reports, Shinwha Intertek Corp (056700) has net assets worth ₩97.65 Billion KRW (≈ $66.18 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩168.75 Billion ≈ $114.36 Million USD) and total liabilities (₩71.10 Billion ≈ $48.18 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 056700 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩97.65 Billion
% of Total Assets	57.87%
Annual Growth Rate	2.84%
5-Year Change	-2.75%
10-Year Change	0.02%
Growth Volatility	17.47

Shinwha Intertek Corp - Net Assets Trend (2008–2025)

This chart illustrates how Shinwha Intertek Corp's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Shinwha Intertek Corp for the complete picture of this company's asset base.

Annual Net Assets for Shinwha Intertek Corp (2008–2025)

The table below shows the annual net assets of Shinwha Intertek Corp from 2008 to 2025. For live valuation and market cap data, see 056700 market cap.

Year	Net Assets	Change
2025-12-31	₩97.65 Billion ≈ $66.18 Million	+3.56%
2024-12-31	₩94.29 Billion ≈ $63.90 Million	+3.05%
2023-12-31	₩91.50 Billion ≈ $62.01 Million	-0.95%
2022-12-31	₩92.37 Billion ≈ $62.60 Million	-8.01%
2021-12-31	₩100.42 Billion ≈ $68.05 Million	+1.89%
2020-12-31	₩98.55 Billion ≈ $66.79 Million	+2.04%
2019-12-31	₩96.59 Billion ≈ $65.46 Million	+10.89%
2018-12-31	₩87.10 Billion ≈ $59.03 Million	-6.17%
2017-12-31	₩92.83 Billion ≈ $62.91 Million	-4.91%
2016-12-31	₩97.63 Billion ≈ $66.16 Million	+4.08%
2015-12-31	₩93.80 Billion ≈ $63.57 Million	+11.16%
2014-12-31	₩84.38 Billion ≈ $57.18 Million	+8.08%
2013-12-31	₩78.07 Billion ≈ $52.91 Million	+8.65%
2012-12-31	₩71.86 Billion ≈ $48.70 Million	-6.58%
2011-12-31	₩76.92 Billion ≈ $52.13 Million	-16.31%
2010-12-31	₩91.92 Billion ≈ $62.29 Million	-9.40%
2009-12-31	₩101.45 Billion ≈ $68.75 Million	+67.12%
2008-12-31	₩60.71 Billion ≈ $41.14 Million	--

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 1447.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	₩103.20 Billion	105.68%
Total Equity	₩97.65 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
United Recommend International Co Ltd TWO:5321	$38.37 Million
Microtips Technology TWO:3285	$38.37 Million
Taegu Broadcasting Corporation KQ:033830	$38.38 Million
Avision Inc TW:2380	$38.38 Million
Rossmax International Ltd TWO:4121	$38.32 Million
Local Bounti Corp NYSE:LOCL	$38.31 Million
Promise Technology Inc TW:3057	$38.30 Million
Ado Optronics TWO:3516	$38.28 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 2024 to 2025, total equity changed from 94,290,334,340 to 97,651,106,570, a change of 3,360,772,230 (3.6%).
Net income of 3,359,544,720 contributed positively to equity growth.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩3.36 Billion	+3.44%
Other Changes	₩1.23 Million	+0.0%
Total Change	₩-	3.56%

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	₩1951.00	x
2017-12-31	₩3199.83	₩1951.00	x
2018-12-31	₩3002.25	₩1951.00	x
2019-12-31	₩3329.33	₩1951.00	x
2020-12-31	₩3397.10	₩1951.00	x
2021-12-31	₩3461.30	₩1951.00	x
2022-12-31	₩3183.99	₩1951.00	x
2023-12-31	₩3153.88	₩1951.00	x
2024-12-31	₩3250.15	₩1951.00	x
2025-12-31	₩3365.99	₩1951.00	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): 3.44%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.47%
• Asset Turnover: 1.36x
• Equity Multiplier: 1.73x
Recent ROE (3.44%) is above the historical average (1.78%), indicating improving 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
2025	3.44%	1.47%	1.36x	1.73x	₩-6.41 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: $1,065,032,057,761
Average return on equity (ROE) among peers: 4.02%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shinwha Intertek Corp (056700)	₩97.65 Billion	2.93%	0.73x	$38.36 Million
DL Holdings CO. LTD. (000210)	$3.21 Trillion	15.72%	3.33x	$1.01 Billion
DL Holdings Co Ltd Preferred (000215)	$5.15 Trillion	5.16%	1.41x	$34.58 Million
Norooholdings (000320)	$183.14 Billion	6.11%	0.87x	$153.49 Million
Noroo Holdings Co Ltd (000325)	$693.79 Billion	3.67%	0.71x	$5.20 Million
Samhwa Paint (000390)	$281.78 Billion	0.27%	0.98x	$158.92 Million
Kangnam Jevisco Co Ltd (000860)	$276.48 Billion	8.94%	0.31x	$148.36 Million
Paik Kwang Ind (001340)	$204.57 Billion	3.85%	1.06x	$219.31 Million
Bo Lak (002760)	$43.76 Billion	2.53%	0.22x	$46.56 Million
Songwon Industrial (004430)	$435.58 Billion	7.98%	1.05x	$257.79 Million
Cho Kwang Pain (004910)	$174.51 Billion	-13.98%	0.99x	$33.78 Million

About Shinwha Intertek Corp

KQ:056700 Korea Specialty Chemicals

Market Cap

$38.36 Million

₩56.60 Billion KRW

Market Cap Rank

#22833 Global

#1578 in Korea

Share Price

₩1951.00

Change (1 day)

+1.14%

52-Week Range

₩1697.00 - ₩2035.00

All Time High

₩6381.56