Seoam Machinery Industry Co.Ltd (100660) - Net Assets
Based on the latest financial reports, Seoam Machinery Industry Co.Ltd (100660) has net assets worth ₩68.42 Billion KRW (≈ $46.37 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 (₩82.38 Billion ≈ $55.83 Million USD) and total liabilities (₩13.96 Billion ≈ $9.46 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 tangible net worth ratio of Seoam Machinery Industry Co.Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩68.42 Billion |
| % of Total Assets | 83.05% |
| Annual Growth Rate | 1.96% |
| 5-Year Change | 9.05% |
| 10-Year Change | 22.4% |
| Growth Volatility | 1.6 |
Seoam Machinery Industry Co.Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Seoam Machinery Industry Co.Ltd's net assets have evolved over time, based on quarterly financial data. See 100660 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Seoam Machinery Industry Co.Ltd (2014–2025)
The table below shows the annual net assets of Seoam Machinery Industry Co.Ltd from 2014 to 2025. For live valuation and market cap data, see Seoam Machinery Industry Co.Ltd (100660) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩67.98 Billion ≈ $46.07 Million |
+3.77% |
| 2024-12-31 | ₩65.52 Billion ≈ $44.40 Million |
-0.27% |
| 2023-12-31 | ₩65.69 Billion ≈ $44.52 Million |
+2.43% |
| 2022-12-31 | ₩64.13 Billion ≈ $43.46 Million |
+2.87% |
| 2021-12-31 | ₩62.34 Billion ≈ $42.25 Million |
+1.36% |
| 2020-12-31 | ₩61.51 Billion ≈ $41.68 Million |
-0.20% |
| 2019-12-31 | ₩61.63 Billion ≈ $41.77 Million |
+2.75% |
| 2018-12-31 | ₩59.98 Billion ≈ $40.65 Million |
+4.84% |
| 2017-12-31 | ₩57.21 Billion ≈ $38.77 Million |
+3.00% |
| 2016-12-31 | ₩55.54 Billion ≈ $37.64 Million |
+0.46% |
| 2015-12-31 | ₩55.29 Billion ≈ $37.47 Million |
+0.73% |
| 2014-12-31 | ₩54.89 Billion ≈ $37.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Seoam Machinery Industry 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 31.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩49.67 Billion | 74.19% |
| Other Components | ₩17.28 Billion | 25.81% |
| Total Equity | ₩66.94 Billion | 100.00% |
Seoam Machinery Industry Co.Ltd Competitors by Market Cap
The table below lists competitors of Seoam Machinery Industry Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mustang Industrial
TWO:5460
|
$29.17 Million |
|
Daechang Steel Co Ltd
KQ:140520
|
$29.18 Million |
|
Quickstep Holdings Ltd
AU:QHL
|
$29.18 Million |
|
Taya Inv-L
TA:TAYA
|
$29.18 Million |
|
Heramed Ltd
AU:HMD
|
$29.16 Million |
|
Pasdec Holdings Bhd
KLSE:6912
|
$29.15 Million |
|
Q/C Technologies, Inc.
NASDAQ:QCLS
|
$29.14 Million |
|
Smart Logistics Global Limited Ordinary Shares
NASDAQ:SLGB
|
$29.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seoam Machinery Industry Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 65,515,973,820 to 66,944,185,300, a change of 1,428,211,480 (2.2%).
- Net income of 1,190,910,000 contributed positively to equity growth.
- Dividend payments of 126,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.19 Billion | +1.78% |
| Dividends Paid | ₩126.00 Million | -0.19% |
| Other Changes | ₩363.30 Million | +0.54% |
| Total Change | ₩- | 2.18% |
Book Value vs Market Value Analysis
This analysis compares Seoam Machinery Industry 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: 0.64x
- 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 0.77x to 0.64x 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 | ₩4408.19 | ₩3415.00 | x |
| 2017-12-31 | ₩4540.35 | ₩3415.00 | x |
| 2018-12-31 | ₩4760.27 | ₩3415.00 | x |
| 2019-12-31 | ₩4891.30 | ₩3415.00 | x |
| 2020-12-31 | ₩4881.57 | ₩3415.00 | x |
| 2021-12-31 | ₩4947.86 | ₩3415.00 | x |
| 2022-12-31 | ₩5089.91 | ₩3415.00 | x |
| 2023-12-31 | ₩5213.80 | ₩3415.00 | x |
| 2024-12-31 | ₩5199.68 | ₩3415.00 | x |
| 2025-12-31 | ₩5313.03 | ₩3415.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seoam Machinery Industry 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): 1.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.56%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.24x
- Recent ROE (1.78%) is below the historical average (2.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 3.01% | 5.06% | 0.51x | 1.16x | ₩-3.84 Billion |
| 2015 | 2.53% | 4.06% | 0.55x | 1.14x | ₩-4.13 Billion |
| 2016 | 1.68% | 2.94% | 0.50x | 1.16x | ₩-4.62 Billion |
| 2017 | 4.01% | 5.62% | 0.60x | 1.20x | ₩-3.43 Billion |
| 2018 | 5.73% | 8.09% | 0.62x | 1.14x | ₩-2.56 Billion |
| 2019 | 3.54% | 5.68% | 0.55x | 1.13x | ₩-3.98 Billion |
| 2020 | 0.85% | 1.64% | 0.46x | 1.12x | ₩-5.63 Billion |
| 2021 | 2.04% | 2.84% | 0.61x | 1.17x | ₩-4.96 Billion |
| 2022 | 3.40% | 4.32% | 0.67x | 1.18x | ₩-4.24 Billion |
| 2023 | 2.93% | 4.20% | 0.60x | 1.15x | ₩-4.64 Billion |
| 2024 | 0.60% | 0.93% | 0.57x | 1.13x | ₩-6.16 Billion |
| 2025 | 1.78% | 2.56% | 0.56x | 1.24x | ₩-5.50 Billion |
Industry Comparison
This section compares Seoam Machinery Industry Co.Ltd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $155,754,044,220
- Average return on equity (ROE) among peers: 7.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seoam Machinery Industry Co.Ltd (100660) | ₩68.42 Billion | 3.01% | 0.20x | $29.16 Million |
| Cs Holdings (000590) | $295.56 Billion | 2.58% | 0.10x | $52.54 Million |
| Cheil Grinding (001560) | $76.84 Billion | 7.00% | 0.28x | $44.48 Million |
| Keyang Elec Ma (012200) | $106.48 Billion | 2.08% | 0.16x | $109.58 Million |
| Keyang Electric Machinery Co Ltd (012205) | $179.13 Billion | 9.48% | 0.36x | $6.77 Million |
| YG-1 Co. Ltd (019210) | $316.80 Billion | 11.15% | 1.34x | $498.28 Million |
| Korea Parts & Fasteners Co.Ltd (024880) | $132.14 Billion | 3.35% | 2.00x | $56.91 Million |
| Union Materials Corp (047400) | $99.28 Billion | 6.74% | 0.46x | $31.05 Million |
| Iljin Diamond (081000) | $98.06 Billion | 7.75% | 0.60x | $100.07 Million |
| Chosun Welding (120030) | $97.49 Billion | 15.77% | 0.15x | $57.19 Million |
About Seoam Machinery Industry Co.Ltd
Seoam Machinery Industry Co.,Ltd. produces, sells, and exports parts for various gears, chucks and cylinders, and curvic couplings in South Korea and internationally. It also offers special chuck, gear reduces and transmission, and industrial machinery, as well as reducers and special machines. The company was incorporated in 1978 and is based in Gwangju-si, South Korea.