Shinsung Delta Tech Co.Ltd (065350) - Net Assets
Based on the latest financial reports, Shinsung Delta Tech Co.Ltd (065350) has net assets worth ₩328.52 Billion KRW (≈ $222.63 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩933.82 Billion ≈ $632.84 Million USD) and total liabilities (₩605.30 Billion ≈ $410.20 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 asset resilience ratio of Shinsung Delta Tech Co.Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩328.52 Billion |
| % of Total Assets | 35.18% |
| Annual Growth Rate | 8.81% |
| 5-Year Change | 44.24% |
| 10-Year Change | 96.28% |
| Growth Volatility | 23.7 |
Shinsung Delta Tech Co.Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Shinsung Delta Tech Co.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 065350 asset base for the complete picture of this company's asset base.
Annual Net Assets for Shinsung Delta Tech Co.Ltd (2005–2024)
The table below shows the annual net assets of Shinsung Delta Tech Co.Ltd from 2005 to 2024. For live valuation and market cap data, see how much is Shinsung Delta Tech Co.Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩207.71 Billion ≈ $140.76 Million |
-32.47% |
| 2023-12-31 | ₩307.57 Billion ≈ $208.44 Million |
+87.59% |
| 2022-12-31 | ₩163.96 Billion ≈ $111.11 Million |
+8.62% |
| 2021-12-31 | ₩150.95 Billion ≈ $102.29 Million |
+4.83% |
| 2020-12-31 | ₩144.00 Billion ≈ $97.58 Million |
+12.34% |
| 2019-12-31 | ₩128.18 Billion ≈ $86.86 Million |
+9.66% |
| 2018-12-31 | ₩116.89 Billion ≈ $79.21 Million |
+0.10% |
| 2017-12-31 | ₩116.77 Billion ≈ $79.13 Million |
+17.09% |
| 2016-12-31 | ₩99.72 Billion ≈ $67.58 Million |
-5.76% |
| 2015-12-31 | ₩105.82 Billion ≈ $71.71 Million |
+7.18% |
| 2014-12-31 | ₩98.74 Billion ≈ $66.91 Million |
-1.63% |
| 2013-12-31 | ₩100.37 Billion ≈ $68.02 Million |
+5.55% |
| 2012-12-31 | ₩95.10 Billion ≈ $64.45 Million |
+0.80% |
| 2011-12-31 | ₩94.34 Billion ≈ $63.93 Million |
-7.89% |
| 2010-12-31 | ₩102.43 Billion ≈ $69.42 Million |
+52.25% |
| 2009-12-31 | ₩67.28 Billion ≈ $45.59 Million |
+9.99% |
| 2008-12-31 | ₩61.17 Billion ≈ $41.45 Million |
+8.80% |
| 2007-12-31 | ₩56.22 Billion ≈ $38.10 Million |
+18.31% |
| 2006-12-31 | ₩47.52 Billion ≈ $32.20 Million |
+13.70% |
| 2005-12-31 | ₩41.79 Billion ≈ $28.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shinsung Delta Tech 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 14906666710000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩149.07 Billion | 71.77% |
| Common Stock | ₩13.74 Billion | 6.62% |
| Other Components | ₩44.90 Billion | 21.62% |
| Total Equity | ₩207.71 Billion | 100.00% |
Shinsung Delta Tech Co.Ltd Competitors by Market Cap
The table below lists competitors of Shinsung Delta Tech Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tompkins Financial Corporation
NYSE MKT:TMP
|
$1.07 Billion |
|
CTS International Logistics Corp Ltd
SHG:603128
|
$1.07 Billion |
|
Hagar hf
IC:HAGA
|
$1.07 Billion |
|
China High-Speed Railway Technology
SHE:000008
|
$1.07 Billion |
|
American Public Education Inc
NASDAQ:APEI
|
$1.07 Billion |
|
Anadolu Hayat Emeklilik AS
IS:ANHYT
|
$1.07 Billion |
|
Shenzhen Chuangyitong Technology Co.Ltd.
SHE:300991
|
$1.07 Billion |
|
Shenzhen Bromake New Material Co. Ltd. A
SHE:301387
|
$1.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shinsung Delta Tech Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 207,182,056,050 to 207,705,237,530, a change of 523,181,480 (0.3%).
- Net loss of 994,543,710 reduced equity.
- Dividend payments of 4,981,468,160 reduced retained earnings.
- Share repurchases of 3,213,305,000 reduced equity.
- Other factors increased equity by 9,712,498,350.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-994.54 Million | -0.48% |
| Dividends Paid | ₩4.98 Billion | -2.4% |
| Share Repurchases | ₩3.21 Billion | -1.55% |
| Other Changes | ₩9.71 Billion | +4.68% |
| Total Change | ₩- | 0.25% |
Book Value vs Market Value Analysis
This analysis compares Shinsung Delta Tech 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: 7.59x
- 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 11.47x to 7.59x 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 | ₩5055.08 | ₩58000.00 | x |
| 2017-12-31 | ₩5302.39 | ₩58000.00 | x |
| 2018-12-31 | ₩5447.21 | ₩58000.00 | x |
| 2019-12-31 | ₩5443.58 | ₩58000.00 | x |
| 2020-12-31 | ₩5336.33 | ₩58000.00 | x |
| 2021-12-31 | ₩5593.96 | ₩58000.00 | x |
| 2022-12-31 | ₩6076.28 | ₩58000.00 | x |
| 2023-12-31 | ₩7677.97 | ₩58000.00 | x |
| 2024-12-31 | ₩7640.73 | ₩58000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shinsung Delta Tech 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): -0.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.11%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 3.73x
- Recent ROE (-0.48%) is below the historical average (8.24%), 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 | 14.66% | 6.00% | 1.31x | 1.87x | ₩1.95 Billion |
| 2006 | 19.14% | 6.87% | 1.37x | 2.03x | ₩4.34 Billion |
| 2007 | 13.89% | 5.00% | 1.39x | 2.00x | ₩2.19 Billion |
| 2008 | 12.44% | 5.11% | 1.17x | 2.08x | ₩1.50 Billion |
| 2009 | 12.80% | 4.95% | 1.14x | 2.26x | ₩1.93 Billion |
| 2010 | 7.06% | 2.52% | 1.14x | 2.45x | ₩-3.04 Billion |
| 2012 | 4.65% | 1.37% | 1.26x | 2.68x | ₩-5.11 Billion |
| 2013 | 6.44% | 2.05% | 1.12x | 2.79x | ₩-3.58 Billion |
| 2014 | 1.91% | 0.65% | 1.04x | 2.81x | ₩-8.19 Billion |
| 2015 | 5.57% | 1.55% | 1.18x | 3.04x | ₩-4.69 Billion |
| 2016 | 1.36% | 0.34% | 1.16x | 3.40x | ₩-8.62 Billion |
| 2017 | 10.49% | 2.64% | 1.39x | 2.86x | ₩575.87 Million |
| 2018 | 3.43% | 0.92% | 1.32x | 2.83x | ₩-7.68 Billion |
| 2019 | 4.58% | 1.30% | 1.30x | 2.72x | ₩-6.94 Billion |
| 2020 | 6.02% | 1.76% | 1.20x | 2.86x | ₩-5.73 Billion |
| 2021 | 16.24% | 3.32% | 1.43x | 3.43x | ₩9.42 Billion |
| 2022 | 10.32% | 2.13% | 1.26x | 3.83x | ₩531.18 Million |
| 2023 | 6.05% | 1.50% | 1.20x | 3.34x | ₩-8.19 Billion |
| 2024 | -0.48% | -0.11% | 1.18x | 3.73x | ₩-21.77 Billion |
Industry Comparison
This section compares Shinsung Delta Tech Co.Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,284,807,734,535
- Average return on equity (ROE) among peers: 2.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shinsung Delta Tech Co.Ltd (065350) | ₩328.52 Billion | 14.66% | 1.84x | $1.07 Billion |
| Kumho Electric (001210) | $181.00 Billion | -26.29% | 1.63x | $38.70 Million |
| Taihan Electric Wire Co Ltd (001440) | $1.13 Trillion | 0.00% | 3.65x | $7.09 Billion |
| Posco Chemical Co Ltd (003670) | $2.61 Trillion | 1.10% | 1.43x | $15.19 Billion |
| Sebang Global Battery Co Ltd (004490) | $585.52 Billion | 16.71% | 0.32x | $589.11 Million |
| LS Corp (006260) | $1.23 Trillion | 5.22% | 1.77x | $8.51 Billion |
| Daewon Cable (006340) | $81.19 Billion | 4.37% | 1.64x | $786.10 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $81.39 Billion | 1.52% | 1.35x | $458.78 Million |
| Samsung SDI (006400) | $12.66 Trillion | 2.82% | 0.57x | $36.39 Billion |
| Samsung Sdi Co Pref (006405) | $13.36 Trillion | 4.30% | 0.61x | $345.34 Million |
| LS Electric (010120) | $926.95 Billion | 12.57% | 1.27x | $5.60 Billion |
About Shinsung Delta Tech Co.Ltd
Shinsung Delta Tech Co.,Ltd., together with its subsidiaries, manufactures and sells household electronic components, plastic molded products, and TFT-LCD components for notebook computers in in South Korea and internationally. It offers washing machines, dryers, refrigerators, vacuum cleaners, electric ranges, shoe stylers, and handheld and robot vacuum cleaners. The company also produces cell c… Read more