SDN Company. Ltd
SDN Company., Ltd. manufactures and sells photovoltaic products in Korea. It offers solar modules, inverters, structures, and monitoring systems, as well as in-rotors, connections, structures, switches, sensors, etc. The company was formerly known as Seoul Marine Co., Ltd. and changed its name to SDN Company., Ltd. in April 2010. SDN Company., Ltd. was founded in 1994 and is headquartered in Seon… Read more
SDN Company. Ltd (099220) - Net Assets
Latest net assets as of September 2025: ₩79.78 Billion KRW
Based on the latest financial reports, SDN Company. Ltd (099220) has net assets worth ₩79.78 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩159.08 Billion) and total liabilities (₩79.30 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩79.78 Billion |
| % of Total Assets | 50.15% |
| Annual Growth Rate | 1.64% |
| 5-Year Change | -29.75% |
| 10-Year Change | 31.44% |
| Growth Volatility | 18.04 |
SDN Company. Ltd - Net Assets Trend (2009–2024)
This chart illustrates how SDN Company. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SDN Company. Ltd (2009–2024)
The table below shows the annual net assets of SDN Company. Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩63.40 Billion | -31.98% |
| 2023-12-31 | ₩93.20 Billion | -8.78% |
| 2022-12-31 | ₩102.17 Billion | +4.93% |
| 2021-12-31 | ₩97.37 Billion | +7.89% |
| 2020-12-31 | ₩90.25 Billion | +18.70% |
| 2019-12-31 | ₩76.03 Billion | +13.58% |
| 2018-12-31 | ₩66.94 Billion | +24.82% |
| 2017-12-31 | ₩53.63 Billion | +9.23% |
| 2016-12-31 | ₩49.10 Billion | +1.79% |
| 2015-12-31 | ₩48.23 Billion | +5.05% |
| 2014-12-31 | ₩45.91 Billion | -11.70% |
| 2013-12-31 | ₩51.99 Billion | +22.26% |
| 2012-12-31 | ₩42.53 Billion | -37.39% |
| 2011-12-31 | ₩67.93 Billion | +14.82% |
| 2010-12-31 | ₩59.16 Billion | +19.13% |
| 2009-12-31 | ₩49.66 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SDN Company. 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 2136284271000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩28.09 Billion | 44.30% |
| Other Components | ₩56.67 Billion | 89.40% |
| Total Equity | ₩63.40 Billion | 100.00% |
SDN Company. Ltd Competitors by Market Cap
The table below lists competitors of SDN Company. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aprogen KIC Inc
KO:007460
|
$40.47 Million |
|
Vistin Pharma ASA
OL:VISTN
|
$40.47 Million |
|
ICC Holdings Inc
NASDAQ:ICCH
|
$40.47 Million |
|
Gentian Diagnostics AS
OL:GENT
|
$40.48 Million |
|
CAPITAL + REGIONAL LS-01
F:XC2R
|
$40.47 Million |
|
Eusu Holdings
KO:000700
|
$40.44 Million |
|
Peoples Financial Corp
OTCQX:PFBX
|
$40.43 Million |
|
Alexanderwerk Aktiengesellschaft
F:ALXA
|
$40.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SDN Company. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 93,319,109,850 to 63,396,545,650, a change of -29,922,564,200 (-32.1%).
- Net loss of 27,576,137,070 reduced equity.
- Other factors decreased equity by 2,346,427,130.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-27.58 Billion | -43.5% |
| Other Changes | ₩-2.35 Billion | -3.7% |
| Total Change | ₩- | -32.06% |
Book Value vs Market Value Analysis
This analysis compares SDN Company. 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: 1.08x
- 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 0.90x to 1.08x 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 | ₩1396.04 | ₩1261.00 | x |
| 2017-12-31 | ₩1524.82 | ₩1261.00 | x |
| 2018-12-31 | ₩1604.05 | ₩1261.00 | x |
| 2019-12-31 | ₩1641.95 | ₩1261.00 | x |
| 2020-12-31 | ₩1873.15 | ₩1261.00 | x |
| 2021-12-31 | ₩1831.33 | ₩1261.00 | x |
| 2022-12-31 | ₩1886.03 | ₩1261.00 | x |
| 2023-12-31 | ₩1722.65 | ₩1261.00 | x |
| 2024-12-31 | ₩1170.29 | ₩1261.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SDN Company. 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): -43.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -32.69%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 2.45x
- Recent ROE (-43.50%) is below the historical average (-2.80%), 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 | 17.91% | 9.72% | 0.84x | 2.19x | ₩3.93 Billion |
| 2014 | -18.16% | -19.72% | 0.42x | 2.18x | ₩-12.93 Billion |
| 2015 | 1.67% | 1.67% | 0.48x | 2.08x | ₩-4.02 Billion |
| 2016 | -1.97% | -2.67% | 0.37x | 1.99x | ₩-5.88 Billion |
| 2017 | 5.10% | 5.20% | 0.48x | 2.04x | ₩-2.63 Billion |
| 2018 | 2.92% | 3.21% | 0.52x | 1.76x | ₩-4.74 Billion |
| 2019 | 5.25% | 6.14% | 0.48x | 1.78x | ₩-3.61 Billion |
| 2020 | 9.26% | 10.45% | 0.41x | 2.16x | ₩-665.95 Million |
| 2021 | -3.49% | -3.66% | 0.55x | 1.73x | ₩-13.13 Billion |
| 2022 | 0.74% | 0.73% | 0.59x | 1.74x | ₩-9.46 Billion |
| 2023 | -9.31% | -11.48% | 0.41x | 2.00x | ₩-18.02 Billion |
| 2024 | -43.50% | -32.69% | 0.54x | 2.45x | ₩-33.92 Billion |
Industry Comparison
This section compares SDN Company. Ltd's net assets metrics with peer companies in the Electrical Utilities & IPPs industry.
No peer company data available for comparison.