SPG Co. Ltd

KQ:058610 Korea Machinery, Tools, Heavy Vehicles, Trains & Ships
Market Cap
$1.81 Billion
₩2.65 Trillion KRW
Market Cap Rank
#6678 Global
#131 in Korea
Share Price
₩126800.00
Change (1 day)
-2.69%
52-Week Range
₩19440.00 - ₩158100.00
All Time High
₩158100.00
Categories
Companies in Korea Machinery, Tools, Heavy Vehicles, Trains & Ships
About

SPG Co., Ltd. manufactures and sells motors in South Korea. The company offers standard AC motors, including induction, reversible, electromagnetic brake, terminal box type, speed controller, and control motors, as well as gear heads, digital speed indicators, and brake packs. It also provides compact, standard, worm geared, and special type standard DC motors; standard BLDC geared motors; and st… Read more

SPG Co. Ltd (058610) - Net Assets

Latest net assets as of September 2025: ₩253.21 Billion KRW

Based on the latest financial reports, SPG Co. Ltd (058610) has net assets worth ₩253.21 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 (₩424.42 Billion) and total liabilities (₩171.21 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 ₩253.21 Billion
% of Total Assets 59.66%
Annual Growth Rate 10.72%
5-Year Change 75.52%
10-Year Change 236.43%
Growth Volatility 12.18

SPG Co. Ltd - Net Assets Trend (2008–2024)

This chart illustrates how SPG 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 SPG Co. Ltd (2008–2024)

The table below shows the annual net assets of SPG Co. Ltd from 2008 to 2024.

Year Net Assets Change
2024-12-31 ₩254.14 Billion +16.10%
2023-12-31 ₩218.90 Billion +2.53%
2022-12-31 ₩213.49 Billion +10.57%
2021-12-31 ₩193.09 Billion +33.36%
2020-12-31 ₩144.79 Billion +9.46%
2019-12-31 ₩132.28 Billion +5.17%
2018-12-31 ₩125.78 Billion +27.76%
2017-12-31 ₩98.45 Billion -4.13%
2016-12-31 ₩102.69 Billion +35.95%
2015-12-31 ₩75.54 Billion +3.66%
2014-12-31 ₩72.87 Billion +17.84%
2013-12-31 ₩61.84 Billion +3.06%
2012-12-31 ₩60.00 Billion -2.84%
2011-12-31 ₩61.76 Billion +18.56%
2010-12-31 ₩52.09 Billion +7.10%
2009-12-31 ₩48.64 Billion -2.45%
2008-12-31 ₩49.86 Billion --

Equity Component Analysis

This analysis shows how different components contribute to SPG 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 13514885736000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩135.15 Billion 53.18%
Common Stock ₩11.09 Billion 4.36%
Other Components ₩107.90 Billion 42.46%
Total Equity ₩254.14 Billion 100.00%

SPG Co. Ltd Competitors by Market Cap

The table below lists competitors of SPG Co. Ltd ranked by their market capitalization.

Company Market Cap
Shenzhen SDG Information Co Ltd
SHE:000070
 		$1.17 Billion
Deluxe Corporation
NYSE:DLX
 		$1.17 Billion
Beijing Cisri Gaona Materials Tech
SHE:300034
 		$1.17 Billion
Precision Drilling Corporation
NYSE:PDS
 		$1.17 Billion
Indoritel Makmur Internasional
JK:DNET
 		$1.17 Billion
Thanachart Capital Public Company Limited
BK:TCAP
 		$1.17 Billion
Brederode
LSE:0QWB
 		$1.17 Billion
Mizuno Corporation
F:MIZ
 		$1.17 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in SPG Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 218,901,833,390 to 254,135,688,470, a change of 35,233,855,080 (16.1%).
  • Net income of 13,113,747,080 contributed positively to equity growth.
  • Dividend payments of 4,435,472,000 reduced retained earnings.
  • Other factors increased equity by 26,555,580,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩13.11 Billion +5.16%
Dividends Paid ₩4.44 Billion -1.75%
Other Changes ₩26.56 Billion +10.45%
Total Change ₩- 16.10%

Book Value vs Market Value Analysis

This analysis compares SPG 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: 11.07x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 22.94x to 11.07x 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 ₩5527.82 ₩126800.00 x
2017-12-31 ₩5107.06 ₩126800.00 x
2018-12-31 ₩6264.98 ₩126800.00 x
2019-12-31 ₩6588.67 ₩126800.00 x
2020-12-31 ₩7211.64 ₩126800.00 x
2021-12-31 ₩8885.97 ₩126800.00 x
2022-12-31 ₩9626.61 ₩126800.00 x
2023-12-31 ₩9870.51 ₩126800.00 x
2024-12-31 ₩11459.24 ₩126800.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently SPG 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): 5.16%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.38%
  • • Asset Turnover: 0.98x
  • • Equity Multiplier: 1.56x
  • Recent ROE (5.16%) is below the historical average (7.30%), 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 18.13% 11.19% 0.89x 1.82x ₩4.05 Billion
2009 3.39% 1.98% 0.88x 1.94x ₩-3.22 Billion
2010 10.80% 5.23% 1.10x 1.87x ₩416.86 Million
2011 5.58% 3.27% 0.88x 1.93x ₩-2.73 Billion
2012 2.62% 1.48% 0.87x 2.04x ₩-4.43 Billion
2013 6.61% 3.53% 0.89x 2.11x ₩-2.10 Billion
2014 6.24% 3.37% 0.91x 2.03x ₩-2.74 Billion
2015 6.53% 3.55% 0.88x 2.08x ₩-2.62 Billion
2016 15.16% 10.23% 0.62x 2.40x ₩5.30 Billion
2017 -3.29% -1.10% 1.20x 2.51x ₩-13.09 Billion
2018 6.18% 2.54% 1.11x 2.19x ₩-4.81 Billion
2019 5.62% 2.36% 1.14x 2.08x ₩-5.80 Billion
2020 9.29% 3.79% 1.23x 1.99x ₩-1.03 Billion
2021 11.87% 5.50% 1.14x 1.89x ₩3.61 Billion
2022 9.22% 4.47% 1.24x 1.66x ₩-1.67 Billion
2023 5.02% 2.79% 1.13x 1.59x ₩-10.89 Billion
2024 5.16% 3.38% 0.98x 1.56x ₩-12.30 Billion

Industry Comparison

This section compares SPG Co. Ltd's net assets metrics with peer companies in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.

Industry Context

  • Industry: Machinery, Tools, Heavy Vehicles, Trains & Ships
  • Average net assets among peers: $58,884,204,116
  • Average return on equity (ROE) among peers: 3.78%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
SPG Co. Ltd (058610) ₩253.21 Billion 18.13% 0.68x $1.17 Billion
Bosung Power Technology Co. Ltd (006910) $36.72 Billion 0.00% 1.20x $270.01 Million
Youngsin Metal Industrial Co. Ltd (007530) $43.64 Billion 2.17% 2.14x $23.12 Million
SMCore.Inc (007820) $69.78 Billion -0.91% 0.33x $53.93 Million
Heungkuk Metaltech Co.Ltd (010240) $45.92 Billion 3.64% 0.72x $18.96 Million
Nuintek Co.Ltd (012340) $20.66 Billion 0.00% 1.89x $5.70 Million
CAS Corporation (016920) $64.56 Billion 2.69% 1.52x $10.20 Million
Semyung Electric Machinery Co.Ltd (017510) $63.37 Billion 4.98% 0.15x $60.00 Million
Enertork Ltd (019990) $40.18 Billion -2.17% 0.14x $35.07 Million
Tae Kwang Corporation (023160) $163.55 Billion 27.43% 0.40x $272.58 Million
Woori Technology Inc (032820) $40.45 Billion 0.00% 1.16x $1.93 Billion