Sang-A Frontec Co.Ltd (089980) - Net Assets
Based on the latest financial reports, Sang-A Frontec Co.Ltd (089980) has net assets worth ₩198.72 Billion KRW (≈ $134.67 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 (₩369.85 Billion ≈ $250.64 Million USD) and total liabilities (₩171.13 Billion ≈ $115.97 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 Sang-A Frontec Co.Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩198.72 Billion |
| % of Total Assets | 53.73% |
| Annual Growth Rate | 8.18% |
| 5-Year Change | 34.0% |
| 10-Year Change | 117.09% |
| Growth Volatility | 5.97 |
Sang-A Frontec Co.Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Sang-A Frontec Co.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Sang-A Frontec Co.Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Sang-A Frontec Co.Ltd (2011–2024)
The table below shows the annual net assets of Sang-A Frontec Co.Ltd from 2011 to 2024. For live valuation and market cap data, see Sang-A Frontec Co.Ltd (089980) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩201.03 Billion ≈ $136.23 Million |
+4.15% |
| 2023-12-31 | ₩193.03 Billion ≈ $130.81 Million |
+4.35% |
| 2022-12-31 | ₩184.99 Billion ≈ $125.36 Million |
+1.86% |
| 2021-12-31 | ₩181.60 Billion ≈ $123.07 Million |
+21.05% |
| 2020-12-31 | ₩150.02 Billion ≈ $101.66 Million |
+4.32% |
| 2019-12-31 | ₩143.81 Billion ≈ $97.45 Million |
+20.62% |
| 2018-12-31 | ₩119.22 Billion ≈ $80.79 Million |
+8.89% |
| 2017-12-31 | ₩109.48 Billion ≈ $74.20 Million |
+11.26% |
| 2016-12-31 | ₩98.40 Billion ≈ $66.68 Million |
+6.26% |
| 2015-12-31 | ₩92.60 Billion ≈ $62.76 Million |
+9.87% |
| 2014-12-31 | ₩84.29 Billion ≈ $57.12 Million |
+4.64% |
| 2013-12-31 | ₩80.55 Billion ≈ $54.59 Million |
+8.23% |
| 2012-12-31 | ₩74.42 Billion ≈ $50.43 Million |
+2.90% |
| 2011-12-31 | ₩72.32 Billion ≈ $49.01 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sang-A Frontec 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 23785.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩119.08 Billion | 59.24% |
| Common Stock | ₩7.99 Billion | 3.98% |
| Other Components | ₩73.96 Billion | 36.79% |
| Total Equity | ₩201.03 Billion | 100.00% |
Sang-A Frontec Co.Ltd Competitors by Market Cap
The table below lists competitors of Sang-A Frontec Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hexagon Composites ASA
OL:HEX
|
$290.16 Million |
|
Daelim Paper Co.Ltd
KQ:017650
|
$290.32 Million |
|
Hudaco
JSE:HDC
|
$290.35 Million |
|
Alpine Income Property Trust, Inc.
NYSE:PINE
|
$290.35 Million |
|
Iron Horse Acquisitions II Corp. Common Stock
NASDAQ:IRHO
|
$289.97 Million |
|
Jeju Air Co Ltd
KO:089590
|
$289.94 Million |
|
Kerur Holdings Ltd
TA:KRUR
|
$289.90 Million |
|
Cantor Equity Partners II, Inc.
NASDAQ:CEPT
|
$289.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sang-A Frontec Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 193,026,085,620 to 201,029,299,100, a change of 8,003,213,480 (4.1%).
- Net income of 6,162,641,430 contributed positively to equity growth.
- Dividend payments of 3,118,108,600 reduced retained earnings.
- Other factors increased equity by 4,958,680,650.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.16 Billion | +3.07% |
| Dividends Paid | ₩3.12 Billion | -1.55% |
| Other Changes | ₩4.96 Billion | +2.47% |
| Total Change | ₩- | 4.15% |
Book Value vs Market Value Analysis
This analysis compares Sang-A Frontec 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: 2.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.67x to 2.13x 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 | ₩7470.61 | ₩27450.00 | x |
| 2017-12-31 | ₩7746.32 | ₩27450.00 | x |
| 2018-12-31 | ₩8435.01 | ₩27450.00 | x |
| 2019-12-31 | ₩9472.05 | ₩27450.00 | x |
| 2020-12-31 | ₩9872.84 | ₩27450.00 | x |
| 2021-12-31 | ₩11648.09 | ₩27450.00 | x |
| 2022-12-31 | ₩11865.26 | ₩27450.00 | x |
| 2023-12-31 | ₩12380.97 | ₩27450.00 | x |
| 2024-12-31 | ₩12894.31 | ₩27450.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sang-A Frontec 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): 3.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.59%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.80x
- Recent ROE (3.07%) is below the historical average (6.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 7.68% | 5.22% | 0.94x | 1.56x | ₩-1.68 Billion |
| 2012 | 5.85% | 4.63% | 0.78x | 1.61x | ₩-3.09 Billion |
| 2013 | 8.66% | 6.47% | 0.75x | 1.78x | ₩-1.08 Billion |
| 2014 | 4.80% | 3.15% | 0.83x | 1.84x | ₩-4.38 Billion |
| 2015 | 8.49% | 5.47% | 0.79x | 1.95x | ₩-1.40 Billion |
| 2016 | 5.56% | 3.50% | 0.77x | 2.05x | ₩-4.37 Billion |
| 2017 | 6.82% | 4.87% | 0.70x | 2.01x | ₩-3.48 Billion |
| 2018 | 10.12% | 6.63% | 0.76x | 2.01x | ₩142.03 Million |
| 2019 | 8.66% | 6.69% | 0.75x | 1.73x | ₩-1.93 Billion |
| 2020 | 1.55% | 1.51% | 0.54x | 1.89x | ₩-12.68 Billion |
| 2021 | 5.12% | 5.21% | 0.56x | 1.76x | ₩-8.86 Billion |
| 2022 | 4.01% | 4.10% | 0.54x | 1.82x | ₩-11.07 Billion |
| 2023 | 6.21% | 6.53% | 0.53x | 1.81x | ₩-7.31 Billion |
| 2024 | 3.07% | 3.59% | 0.47x | 1.80x | ₩-13.94 Billion |
Industry Comparison
This section compares Sang-A Frontec Co.Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $218,334,830,115
- Average return on equity (ROE) among peers: 5.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sang-A Frontec Co.Ltd (089980) | ₩198.72 Billion | 7.68% | 0.86x | $290.02 Million |
| YoungPoong (000670) | $471.92 Billion | 0.00% | 1.01x | $822.21 Million |
| Sam Hwa Capaci (001820) | $22.52 Billion | 31.89% | 1.98x | $467.29 Million |
| Samick Music I (002450) | $144.58 Billion | 1.50% | 1.43x | $64.41 Million |
| Hansol Technics (004710) | $34.25 Billion | 0.00% | 5.26x | $173.10 Million |
| Sunny Elec (004770) | $30.06 Billion | 0.40% | 0.10x | $43.99 Million |
| Samyoung Elec (005680) | $363.17 Billion | 5.47% | 0.12x | $197.81 Million |
| PJ Electronics Co. Ltd (006140) | $109.57 Billion | 4.53% | 0.33x | $71.73 Million |
| Isupetasys (007660) | $168.70 Billion | 12.06% | 1.02x | $7.48 Billion |
| Korea Circuit Co. Ltd. (007810) | $128.70 Billion | 2.46% | 0.61x | $1.51 Billion |
| Korea Circuit Co Ltd (007815) | $709.89 Billion | -5.16% | 0.74x | $43.40 Million |
About Sang-A Frontec Co.Ltd
Sang-A Frontec Co.,Ltd. engages in the research and development, production, and sale of materials/parts based on engineering plastics in South Korea and internationally. The company offers fuel cells; membranes, including vent filters and ePTFE for textiles, as well as membranes for medical use; semiconductor products, such as jar boxes, solar cassettes, FOUP products, wafer carriers, storage bo… Read more