S-Energy Co.Ltd (095910) - Net Assets
Based on the latest financial reports, S-Energy Co.Ltd (095910) has net assets worth ₩66.31 Billion KRW (≈ $44.94 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 (₩227.86 Billion ≈ $154.41 Million USD) and total liabilities (₩161.54 Billion ≈ $109.48 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 095910 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩66.31 Billion |
| % of Total Assets | 29.1% |
| Annual Growth Rate | 1.75% |
| 5-Year Change | -23.0% |
| 10-Year Change | -28.9% |
| Growth Volatility | 31.36 |
S-Energy Co.Ltd - Net Assets Trend (2009–2025)
This chart illustrates how S-Energy Co.Ltd's net assets have evolved over time, based on quarterly financial data. See 095910 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for S-Energy Co.Ltd (2009–2025)
The table below shows the annual net assets of S-Energy Co.Ltd from 2009 to 2025. For live valuation and market cap data, see S-Energy Co.Ltd (095910) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩66.31 Billion ≈ $44.94 Million |
+77.76% |
| 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 30851.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩126.09 Billion | 362.10% |
| Total Equity | ₩34.82 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 |
|---|---|
|
Malaysian Genomics Resource
KLSE:0155
|
$10.23 Million |
|
INCOME ASSET MNG.GRP.LTD.
F:C1R
|
$10.24 Million |
|
Bitcoin Well Inc
V:BTCW
|
$10.25 Million |
|
Green Circle Decarbonize Technology Limited
NYSE MKT:GCDT
|
$10.25 Million |
|
Rubicon Water Ltd
AU:RWL
|
$10.22 Million |
|
GULLBERG+JANSSON AB
F:9D7
|
$10.22 Million |
|
RENALYTIX PLC LS-0025
F:2O9
|
$10.22 Million |
|
Lease IT Public Company Limited
BK:LIT
|
$10.22 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 2024 to 2025, total equity changed from 37,303,806,960 to 34,821,925,420, a change of -2,481,881,540 (-6.7%).
- Net loss of 13,509,871,970 reduced equity.
- Dividend payments of 242,549,150 reduced retained earnings.
- Other factors increased equity by 11,270,539,580.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-13.51 Billion | -38.8% |
| Dividends Paid | ₩242.55 Million | -0.7% |
| Other Changes | ₩11.27 Billion | +32.37% |
| Total Change | ₩- | -6.65% |
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: 0.86x
- 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 increased from 0.15x to 0.86x 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 | ₩1207.00 | x |
| 2017-12-31 | ₩7681.61 | ₩1207.00 | x |
| 2018-12-31 | ₩7901.64 | ₩1207.00 | x |
| 2019-12-31 | ₩7457.40 | ₩1207.00 | x |
| 2020-12-31 | ₩6458.43 | ₩1207.00 | x |
| 2021-12-31 | ₩4646.27 | ₩1207.00 | x |
| 2022-12-31 | ₩3518.07 | ₩1207.00 | x |
| 2023-12-31 | ₩3269.17 | ₩1207.00 | x |
| 2024-12-31 | ₩2000.82 | ₩1207.00 | x |
| 2025-12-31 | ₩1406.74 | ₩1207.00 | 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): -38.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.19%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 6.54x
- Recent ROE (-38.80%) is below the historical average (-9.99%), 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 |
| 2025 | -38.80% | -13.19% | 0.45x | 6.54x | ₩-16.99 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: $155,755,721,030
- Average return on equity (ROE) among peers: -0.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| S-Energy Co.Ltd (095910) | ₩66.31 Billion | 15.79% | 2.44x | $10.23 Million |
| EcoBio Holdings Co. Ltd (038870) | $62.17 Billion | 11.47% | 0.20x | $15.07 Million |
| Dongkuk Structures & Construction Company Limited (100130) | $249.34 Billion | -12.12% | 0.90x | $64.59 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