Soosung Innovation Co. Ltd. (084180) - Net Assets
Based on the latest financial reports, Soosung Innovation Co. Ltd. (084180) has net assets worth ₩78.58 Billion KRW (≈ $53.25 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩174.58 Billion ≈ $118.31 Million USD) and total liabilities (₩96.00 Billion ≈ $65.06 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 Soosung Innovation Co. Ltd. (084180) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩78.58 Billion |
| % of Total Assets | 45.01% |
| Annual Growth Rate | 11.62% |
| 5-Year Change | 138.61% |
| 10-Year Change | 180.94% |
| Growth Volatility | 39.57 |
Soosung Innovation Co. Ltd. - Net Assets Trend (2015–2025)
This chart illustrates how Soosung Innovation Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. See Soosung Innovation Co. Ltd. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Soosung Innovation Co. Ltd. (2015–2025)
The table below shows the annual net assets of Soosung Innovation Co. Ltd. from 2015 to 2025. For live valuation and market cap data, see market value of Soosung Innovation Co. Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩79.33 Billion ≈ $53.76 Million |
-37.83% |
| 2024-12-31 | ₩127.61 Billion ≈ $86.48 Million |
+65.94% |
| 2023-12-31 | ₩76.90 Billion ≈ $52.11 Million |
+70.35% |
| 2022-12-31 | ₩45.14 Billion ≈ $30.59 Million |
+35.78% |
| 2021-12-31 | ₩33.25 Billion ≈ $22.53 Million |
+70.25% |
| 2020-12-31 | ₩19.53 Billion ≈ $13.23 Million |
+20.04% |
| 2019-12-31 | ₩16.27 Billion ≈ $11.03 Million |
+9.24% |
| 2018-12-31 | ₩14.89 Billion ≈ $10.09 Million |
-12.78% |
| 2017-12-31 | ₩17.07 Billion ≈ $11.57 Million |
-39.53% |
| 2016-12-31 | ₩28.24 Billion ≈ $19.14 Million |
+6.91% |
| 2015-12-31 | ₩26.41 Billion ≈ $17.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Soosung Innovation 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 decreased by 485.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩167.95 Billion | 215.85% |
| Total Equity | ₩77.81 Billion | 100.00% |
Soosung Innovation Co. Ltd. Competitors by Market Cap
The table below lists competitors of Soosung Innovation Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Milton Capital PLC
LSE:MII
|
$3.95K |
|
CR Capital AG
XETRA:CRZK
|
$4.05K |
|
CannBioRx Life Sciences Corp
NASDAQ:ATNFW
|
$4.11K |
|
NEW FRONTIER VENT. INC.
F:S1O
|
$4.18K |
|
NURAN WIRELESS INC.
F:1RNA
|
$3.81K |
|
American Hotel Income Properties LP
TO:HOT-U
|
$3.79K |
|
Black Bear Minerals Limited
AU:BKB
|
$3.69K |
|
Tipco Asphalt Public Company Limited
F:TPY1
|
$3.69K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Soosung Innovation Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 127,610,212,760 to 77,812,183,910, a change of -49,798,028,850 (-39.0%).
- Net loss of 40,097,970,000 reduced equity.
- New share issuances of 699,996,000 increased equity.
- Other factors decreased equity by 10,400,054,850.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-40.10 Billion | -51.53% |
| Share Issuances | ₩700.00 Million | +0.9% |
| Other Changes | ₩-10.40 Billion | -13.37% |
| Total Change | ₩- | -39.02% |
Book Value vs Market Value Analysis
This analysis compares Soosung Innovation 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: 0.14x
- 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.
- The price-to-book ratio has decreased from 0.34x to 0.14x 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 | ₩1805.52 | ₩607.00 | x |
| 2017-12-31 | ₩905.86 | ₩607.00 | x |
| 2018-12-31 | ₩610.66 | ₩607.00 | x |
| 2019-12-31 | ₩617.59 | ₩607.00 | x |
| 2020-12-31 | ₩544.99 | ₩607.00 | x |
| 2021-12-31 | ₩579.10 | ₩607.00 | x |
| 2022-12-31 | ₩613.77 | ₩607.00 | x |
| 2023-12-31 | ₩655.62 | ₩607.00 | x |
| 2024-12-31 | ₩7163.52 | ₩607.00 | x |
| 2025-12-31 | ₩4305.73 | ₩607.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Soosung Innovation 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): -51.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -43.22%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 2.24x
- Recent ROE (-51.53%) is below the historical average (-37.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.40% | 8.43% | 0.70x | 1.42x | ₩-452.83 Million |
| 2017 | -128.10% | -82.99% | 0.40x | 3.86x | ₩-23.58 Billion |
| 2018 | -97.10% | -60.90% | 0.44x | 3.63x | ₩-15.95 Billion |
| 2019 | -31.69% | -22.70% | 0.48x | 2.91x | ₩-6.78 Billion |
| 2020 | -16.76% | -15.85% | 0.39x | 2.68x | ₩-5.23 Billion |
| 2021 | -28.63% | -26.49% | 0.39x | 2.81x | ₩-12.84 Billion |
| 2022 | -15.46% | -13.33% | 0.53x | 2.19x | ₩-11.49 Billion |
| 2023 | -9.97% | -17.60% | 0.28x | 2.05x | ₩-14.55 Billion |
| 2024 | -7.00% | -13.03% | 0.27x | 1.97x | ₩-21.70 Billion |
| 2025 | -51.53% | -43.22% | 0.53x | 2.24x | ₩-47.88 Billion |
Industry Comparison
This section compares Soosung Innovation 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: $83,648,886,567
- Average return on equity (ROE) among peers: 2.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Soosung Innovation Co. Ltd. (084180) | ₩78.58 Billion | 8.40% | 1.22x | $3.93K |
| Bosung Power Technology Co. Ltd (006910) | $81.67 Billion | 1.97% | 0.50x | $276.91 Million |
| Youngsin Metal Industrial Co. Ltd (007530) | $36.66 Billion | 7.02% | 2.67x | $18.05 Million |
| SMCore.Inc (007820) | $50.84 Billion | 12.48% | 0.56x | $47.31 Million |
| Heungkuk Metaltech Co.Ltd (010240) | $61.66 Billion | 13.49% | 0.43x | $46.77 Million |
| Nuintek Co.Ltd (012340) | $9.26 Billion | 24.49% | 3.27x | $39.55 Million |
| CAS Corporation (016920) | $37.84 Billion | -15.22% | 2.46x | $13.59 Million |
| Semyung Electric Machinery Co.Ltd (017510) | $71.37 Billion | 4.79% | 0.15x | $93.92 Million |
| Enertork Ltd (019990) | $33.25 Billion | 6.03% | 0.13x | $42.69 Million |
| Tae Kwang Corporation (023160) | $424.03 Billion | 2.37% | 0.09x | $552.19 Million |
| Woori Technology Inc (032820) | $29.91 Billion | -34.06% | 1.82x | $1.01 Billion |
About Soosung Innovation Co. Ltd.
Soosung Salvacion co., Ltd. engages in the manufacture and sale of material handling equipment in South Korea and internationally. The company offers material handling equipment, such as electric forklift trucks, engine powered forklift trucks, pallet trucks, tow tractors and platform trucks, electric elevating platform, stackers, drum handling equipment, lift tables, and cranes, as well as custo… Read more