S-Energy Co.Ltd (095910) - Net Assets
Based on the latest financial reports, S-Energy Co.Ltd (095910) has net assets worth ₩74.97 Billion KRW (≈ $50.81 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 (₩241.75 Billion ≈ $163.83 Million USD) and total liabilities (₩166.78 Billion ≈ $113.03 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 financial resilience of S-Energy Co.Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩74.97 Billion |
| % of Total Assets | 31.01% |
| Annual Growth Rate | -1.97% |
| 5-Year Change | -60.93% |
| 10-Year Change | -57.75% |
| Growth Volatility | 26.35 |
S-Energy Co.Ltd - Net Assets Trend (2009–2024)
This chart illustrates how S-Energy Co.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 095910 asset base for the complete picture of this company's asset base.
Annual Net Assets for S-Energy Co.Ltd (2009–2024)
The table below shows the annual net assets of S-Energy Co.Ltd from 2009 to 2024. For live valuation and market cap data, see S-Energy Co.Ltd (095910) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩37.30 Billion ≈ $25.28 Million |
-65.82% |
| 2023-12-31 | ₩109.15 Billion ≈ $73.97 Million |
+66.41% |
| 2022-12-31 | ₩65.59 Billion ≈ $44.45 Million |
-23.84% |
| 2021-12-31 | ₩86.13 Billion ≈ $58.37 Million |
-9.80% |
| 2020-12-31 | ₩95.48 Billion ≈ $64.70 Million |
-3.85% |
| 2019-12-31 | ₩99.30 Billion ≈ $67.30 Million |
-5.62% |
| 2018-12-31 | ₩105.22 Billion ≈ $71.31 Million |
+4.32% |
| 2017-12-31 | ₩100.87 Billion ≈ $68.36 Million |
+8.15% |
| 2016-12-31 | ₩93.26 Billion ≈ $63.20 Million |
+5.64% |
| 2015-12-31 | ₩88.28 Billion ≈ $59.83 Million |
+6.07% |
| 2014-12-31 | ₩83.23 Billion ≈ $56.40 Million |
+2.30% |
| 2013-12-31 | ₩81.36 Billion ≈ $55.14 Million |
+9.25% |
| 2012-12-31 | ₩74.47 Billion ≈ $50.47 Million |
+17.00% |
| 2011-12-31 | ₩63.65 Billion ≈ $43.14 Million |
+3.51% |
| 2010-12-31 | ₩61.49 Billion ≈ $41.67 Million |
+22.36% |
| 2009-12-31 | ₩50.26 Billion ≈ $34.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to S-Energy 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 25893.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩9.75 Billion | 26.14% |
| Other Components | ₩104.10 Billion | 279.07% |
| Total Equity | ₩37.30 Billion | 100.00% |
S-Energy Co.Ltd Competitors by Market Cap
The table below lists competitors of S-Energy Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Damartex
PA:ALDAR
|
$22.54 Million |
|
EL. D. Mouzakis S.A
AT:MOYZK
|
$22.54 Million |
|
Sangsangin Industry Co. Ltd.
KQ:101000
|
$22.56 Million |
|
Sinergi Megah Internusa Tbk PT
JK:NUSA
|
$22.56 Million |
|
Cuscapi Berhad
KLSE:0051
|
$22.54 Million |
|
MAG Interactive AB (publ)
ST:MAGI
|
$22.52 Million |
|
Leishen Energy Holding Co., Ltd. Ordinary Shares
NASDAQ:LSE
|
$22.52 Million |
|
Glunz & Jensen
CO:GJ
|
$22.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in S-Energy Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 60,951,117,150 to 37,303,806,960, a change of -23,647,310,190 (-38.8%).
- Net loss of 24,643,879,920 reduced equity.
- Dividend payments of 242,549,150 reduced retained earnings.
- Other factors increased equity by 1,239,118,880.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-24.64 Billion | -66.06% |
| Dividends Paid | ₩242.55 Million | -0.65% |
| Other Changes | ₩1.24 Billion | +3.32% |
| Total Change | ₩- | -38.80% |
Book Value vs Market Value Analysis
This analysis compares S-Energy 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: 1.33x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.33x to 1.33x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩8160.16 | ₩2660.00 | x |
| 2017-12-31 | ₩7681.61 | ₩2660.00 | x |
| 2018-12-31 | ₩7901.64 | ₩2660.00 | x |
| 2019-12-31 | ₩7457.40 | ₩2660.00 | x |
| 2020-12-31 | ₩6458.43 | ₩2660.00 | x |
| 2021-12-31 | ₩4646.27 | ₩2660.00 | x |
| 2022-12-31 | ₩3518.07 | ₩2660.00 | x |
| 2023-12-31 | ₩3269.17 | ₩2660.00 | x |
| 2024-12-31 | ₩2000.82 | ₩2660.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently S-Energy 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): -66.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.67%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 7.72x
- Recent ROE (-66.06%) is below the historical average (-8.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 15.79% | 5.39% | 1.67x | 1.76x | ₩2.90 Billion |
| 2010 | 13.03% | 3.46% | 2.31x | 1.63x | ₩1.86 Billion |
| 2012 | 13.56% | 4.48% | 1.34x | 2.25x | ₩2.65 Billion |
| 2013 | 10.73% | 3.25% | 1.44x | 2.29x | ₩595.52 Million |
| 2014 | 3.50% | 1.06% | 1.22x | 2.69x | ₩-5.40 Billion |
| 2015 | 3.53% | 0.99% | 1.12x | 3.17x | ₩-5.72 Billion |
| 2016 | 3.00% | 0.92% | 0.88x | 3.70x | ₩-6.53 Billion |
| 2017 | -3.46% | -1.55% | 0.75x | 2.99x | ₩-13.58 Billion |
| 2018 | -12.17% | -7.74% | 0.52x | 3.05x | ₩-23.33 Billion |
| 2019 | -8.15% | -3.73% | 0.66x | 3.30x | ₩-18.03 Billion |
| 2020 | -20.93% | -7.84% | 0.78x | 3.43x | ₩-29.53 Billion |
| 2021 | -28.97% | -10.14% | 0.71x | 4.00x | ₩-33.56 Billion |
| 2022 | -35.65% | -11.20% | 0.60x | 5.33x | ₩-29.94 Billion |
| 2023 | -8.79% | -3.15% | 0.52x | 5.39x | ₩-11.45 Billion |
| 2024 | -66.06% | -16.67% | 0.51x | 7.72x | ₩-28.37 Billion |
Industry Comparison
This section compares S-Energy Co.Ltd's net assets metrics with peer companies in the Renewable Energy industry.
Industry Context
- Industry: Renewable Energy
- Average net assets among peers: $128,338,220,500
- Average return on equity (ROE) among peers: 4.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| S-Energy Co.Ltd (095910) | ₩74.97 Billion | 15.79% | 2.22x | $22.54 Million |
| EcoBio Holdings Co. Ltd (038870) | $34.08 Billion | 8.10% | 3.45x | $24.55 Million |
| Dongkuk Structures & Construction Company Limited (100130) | $222.59 Billion | 0.00% | 0.37x | $100.28 Million |
About S-Energy Co.Ltd
S-Energy Co.,Ltd., a solar company, manufactures and sells PV modules in South Korea and internationally. The company offers standard, BIPV, and desert and floating PV modules; and project and civil engineering, electrical engineering, and supervisory services, as well as project development, and operation and maintenance services. It also leases home PV systems; installs solar power systems; inv… Read more