SPG Co. Ltd (058610) - Net Assets

Latest as of December 2025: ₩257.98 Billion KRW ≈ $174.83 Million USD

Based on the latest financial reports, SPG Co. Ltd (058610) has net assets worth ₩257.98 Billion KRW (≈ $174.83 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 (₩428.47 Billion ≈ $290.37 Million USD) and total liabilities (₩170.49 Billion ≈ $115.54 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 058610 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩257.98 Billion
% of Total Assets	60.21%
Annual Growth Rate	10.15%
5-Year Change	33.61%
10-Year Change	151.22%
Growth Volatility	12.04

SPG Co. Ltd - Net Assets Trend (2008–2025)

This chart illustrates how SPG Co. Ltd's net assets have evolved over time, based on quarterly financial data. See SPG Co. Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for SPG Co. Ltd (2008–2025)

The table below shows the annual net assets of SPG Co. Ltd from 2008 to 2025. For live valuation and market cap data, see SPG Co. Ltd market cap and net worth.

Year	Net Assets	Change
2025-12-31	₩257.98 Billion ≈ $174.83 Million	+1.51%
2024-12-31	₩254.14 Billion ≈ $172.22 Million	+16.10%
2023-12-31	₩218.90 Billion ≈ $148.35 Million	+2.53%
2022-12-31	₩213.49 Billion ≈ $144.68 Million	+10.57%
2021-12-31	₩193.09 Billion ≈ $130.86 Million	+33.36%
2020-12-31	₩144.79 Billion ≈ $98.12 Million	+9.46%
2019-12-31	₩132.28 Billion ≈ $89.65 Million	+5.17%
2018-12-31	₩125.78 Billion ≈ $85.24 Million	+27.76%
2017-12-31	₩98.45 Billion ≈ $66.72 Million	-4.13%
2016-12-31	₩102.69 Billion ≈ $69.59 Million	+35.95%
2015-12-31	₩75.54 Billion ≈ $51.19 Million	+3.66%
2014-12-31	₩72.87 Billion ≈ $49.38 Million	+17.84%
2013-12-31	₩61.84 Billion ≈ $41.91 Million	+3.06%
2012-12-31	₩60.00 Billion ≈ $40.66 Million	-2.84%
2011-12-31	₩61.76 Billion ≈ $41.85 Million	+18.56%
2010-12-31	₩52.09 Billion ≈ $35.30 Million	+7.10%
2009-12-31	₩48.64 Billion ≈ $32.96 Million	-2.45%
2008-12-31	₩49.86 Billion ≈ $33.79 Million	--

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 14891128477000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩148.91 Billion	57.72%
Other Components	₩109.07 Billion	42.28%
Total Equity	₩257.98 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
Bank Pan Indonesia Tbk JK:PNBN	$1.30 Billion
Shenzhen Fenda Technology Co Ltd SHE:002681	$1.31 Billion
Gs Retail KO:007070	$1.31 Billion
Shanghai Milkground Food Tech Co Ltd SHG:600882	$1.31 Billion
Chongqing Chuanyi Automation Co Ltd SHG:603100	$1.30 Billion
Shanxi Lanhua Sci-Tech Venture Co Ltd SHG:600123	$1.30 Billion
CLARIVATE PLC NYSE:CLVT	$1.30 Billion
Saha Pathana Inter-Holding PCL BK:SPI	$1.30 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 2024 to 2025, total equity changed from 254,135,688,470 to 257,984,198,540, a change of 3,848,510,070 (1.5%).
Net income of 9,133,325,300 contributed positively to equity growth.
Dividend payments of 5,544,340,000 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩9.13 Billion	+3.54%
Dividends Paid	₩5.54 Billion	-2.15%
Other Changes	₩259.52 Million	+0.1%
Total Change	₩-	1.51%

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: 7.93x
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 16.68x to 7.93x 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	₩92200.00	x
2017-12-31	₩5107.06	₩92200.00	x
2018-12-31	₩6264.98	₩92200.00	x
2019-12-31	₩6588.67	₩92200.00	x
2020-12-31	₩7211.64	₩92200.00	x
2021-12-31	₩8885.97	₩92200.00	x
2022-12-31	₩9626.61	₩92200.00	x
2023-12-31	₩9870.51	₩92200.00	x
2024-12-31	₩11459.24	₩92200.00	x
2025-12-31	₩11632.77	₩92200.00	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): 3.54%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.67%
• Asset Turnover: 0.80x
• Equity Multiplier: 1.66x
Recent ROE (3.54%) is below the historical average (7.09%), 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
2025	3.54%	2.67%	0.80x	1.66x	₩-16.67 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: $84,051,660,536
Average return on equity (ROE) among peers: -2.26%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
SPG Co. Ltd (058610)	₩257.98 Billion	18.13%	0.66x	$1.30 Billion
Bosung Power Technology Co. Ltd (006910)	$78.40 Billion	-7.61%	0.59x	$262.37 Million
Youngsin Metal Industrial Co. Ltd (007530)	$39.35 Billion	1.41%	2.52x	$17.58 Million
SMCore.Inc (007820)	$40.53 Billion	-31.50%	0.47x	$46.16 Million
Heungkuk Metaltech Co.Ltd (010240)	$40.35 Billion	17.49%	1.24x	$44.93 Million
Nuintek Co.Ltd (012340)	$28.49 Billion	0.00%	1.53x	$37.42 Million
CAS Corporation (016920)	$45.64 Billion	4.42%	0.88x	$13.62 Million
Semyung Electric Machinery Co.Ltd (017510)	$57.68 Billion	5.54%	0.17x	$90.51 Million
Enertork Ltd (019990)	$41.24 Billion	3.23%	0.06x	$41.24 Million
Tae Kwang Corporation (023160)	$436.13 Billion	3.49%	0.16x	$535.54 Million
Woori Technology Inc (032820)	$32.71 Billion	-19.10%	1.91x	$957.83 Million

About SPG Co. Ltd

KQ:058610 Korea Machinery, Tools, Heavy Vehicles, Trains & Ships

Market Cap

$1.30 Billion

₩1.92 Trillion KRW

Market Cap Rank

#7931 Global

#217 in Korea

Share Price

₩92200.00

Change (1 day)

-4.55%

52-Week Range

₩23150.00 - ₩158100.00

All Time High

₩158100.00