Sangsangin Industry Co. Ltd. (101000) - Net Assets
Based on the latest financial reports, Sangsangin Industry Co. Ltd. (101000) has net assets worth ₩37.24 Billion KRW (≈ $25.24 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 (₩66.26 Billion ≈ $44.90 Million USD) and total liabilities (₩29.02 Billion ≈ $19.66 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 101000 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩37.24 Billion |
| % of Total Assets | 56.2% |
| Annual Growth Rate | 4.39% |
| 5-Year Change | 39.07% |
| 10-Year Change | 2.94% |
| Growth Volatility | 52.21 |
Sangsangin Industry Co. Ltd. - Net Assets Trend (2011–2024)
This chart illustrates how Sangsangin Industry Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. See 101000 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sangsangin Industry Co. Ltd. (2011–2024)
The table below shows the annual net assets of Sangsangin Industry Co. Ltd. from 2011 to 2024. For live valuation and market cap data, see how much is Sangsangin Industry Co. Ltd. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩36.83 Billion ≈ $24.96 Million |
+135.65% |
| 2023-12-31 | ₩15.63 Billion ≈ $10.59 Million |
+41.92% |
| 2022-12-31 | ₩11.01 Billion ≈ $7.46 Million |
-55.18% |
| 2021-12-31 | ₩24.57 Billion ≈ $16.65 Million |
-7.22% |
| 2020-12-31 | ₩26.48 Billion ≈ $17.95 Million |
+7.38% |
| 2019-12-31 | ₩24.67 Billion ≈ $16.72 Million |
-14.17% |
| 2018-12-31 | ₩28.74 Billion ≈ $19.47 Million |
-50.36% |
| 2017-12-31 | ₩57.89 Billion ≈ $39.23 Million |
+29.04% |
| 2016-12-31 | ₩44.86 Billion ≈ $30.40 Million |
+25.39% |
| 2015-12-31 | ₩35.78 Billion ≈ $24.25 Million |
+16.46% |
| 2014-12-31 | ₩30.72 Billion ≈ $20.82 Million |
+12.71% |
| 2013-12-31 | ₩27.26 Billion ≈ $18.47 Million |
+97.47% |
| 2012-12-31 | ₩13.80 Billion ≈ $9.36 Million |
-34.51% |
| 2011-12-31 | ₩21.08 Billion ≈ $14.29 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sangsangin 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 decreased by 4103461002000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩15.32 Billion | 41.60% |
| Other Components | ₩62.54 Billion | 169.81% |
| Total Equity | ₩36.83 Billion | 100.00% |
Sangsangin Industry Co. Ltd. Competitors by Market Cap
The table below lists competitors of Sangsangin Industry Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
N.C. Housing Public Company Limited
BK:NCH
|
$15.91 Million |
|
Diversified Gateway Solutions Bhd
KLSE:0131
|
$15.91 Million |
|
GRAFT POLYMER UK LS -001
F:J4I
|
$15.91 Million |
|
Giga Media Ltd
NASDAQ:GIGM
|
$15.92 Million |
|
Tier One Silver Inc
V:TSLV
|
$15.91 Million |
|
Pure Resources Ltd
AU:PR1
|
$15.91 Million |
|
All In! Games S.A.
WAR:ALG
|
$15.90 Million |
|
Scan Inter PCL
BK:SCN
|
$15.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sangsangin Industry Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,629,926,850 to 36,831,384,460, a change of 21,201,457,610 (135.6%).
- Net loss of 5,132,514,990 reduced equity.
- Share repurchases of 10,947,369,780 reduced equity.
- New share issuances of 10,980,547,700 increased equity.
- Other factors increased equity by 26,300,794,680.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-5.13 Billion | -13.94% |
| Share Repurchases | ₩10.95 Billion | -29.72% |
| Share Issuances | ₩10.98 Billion | +29.81% |
| Other Changes | ₩26.30 Billion | +71.41% |
| Total Change | ₩- | 135.65% |
Book Value vs Market Value Analysis
This analysis compares Sangsangin 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: 0.47x
- 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 0.02x to 0.47x 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 | ₩30461.53 | ₩570.00 | x |
| 2017-12-31 | ₩27766.52 | ₩570.00 | x |
| 2018-12-31 | ₩739.96 | ₩570.00 | x |
| 2019-12-31 | ₩399.55 | ₩570.00 | x |
| 2020-12-31 | ₩418.26 | ₩570.00 | x |
| 2021-12-31 | ₩1369.82 | ₩570.00 | x |
| 2022-12-31 | ₩613.99 | ₩570.00 | x |
| 2023-12-31 | ₩832.40 | ₩570.00 | x |
| 2024-12-31 | ₩1202.46 | ₩570.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sangsangin 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): -13.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.79%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.79x
- Recent ROE (-13.94%) is above the historical average (-66.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 20.39% | 7.12% | 0.97x | 2.94x | ₩4.66 Billion |
| 2017 | -16.98% | -10.27% | 0.57x | 2.91x | ₩-15.62 Billion |
| 2018 | -427.41% | -186.62% | 0.94x | 2.43x | ₩-125.69 Billion |
| 2019 | -46.99% | -35.25% | 0.69x | 1.94x | ₩-14.06 Billion |
| 2020 | 5.32% | 5.05% | 0.66x | 1.58x | ₩-1.24 Billion |
| 2021 | -20.92% | -10.05% | 1.09x | 1.91x | ₩-7.60 Billion |
| 2022 | -125.94% | -18.64% | 1.37x | 4.92x | ₩-14.97 Billion |
| 2023 | 23.54% | 15.26% | 0.55x | 2.79x | ₩2.12 Billion |
| 2024 | -13.94% | -20.79% | 0.38x | 1.79x | ₩-8.82 Billion |
Industry Comparison
This section compares Sangsangin Industry Co. Ltd.'s net assets metrics with peer companies in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.
Industry Context
- Industry: Machinery, Tools, Heavy Vehicles, Trains & Ships
- Average net assets among peers: $88,908,455,129
- Average return on equity (ROE) among peers: 2.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sangsangin Industry Co. Ltd. (101000) | ₩37.24 Billion | 20.39% | 0.78x | $15.91 Million |
| Bosung Power Technology Co. Ltd (006910) | $81.67 Billion | 1.97% | 0.50x | $244.11 Million |
| Youngsin Metal Industrial Co. Ltd (007530) | $41.93 Billion | 13.77% | 2.17x | $17.13 Million |
| SMCore.Inc (007820) | $46.87 Billion | 10.34% | 0.64x | $42.56 Million |
| Heungkuk Metaltech Co.Ltd (010240) | $67.49 Billion | 10.38% | 0.37x | $44.84 Million |
| Nuintek Co.Ltd (012340) | $25.68 Billion | -25.59% | 1.95x | $36.17 Million |
| CAS Corporation (016920) | $61.48 Billion | 4.45% | 1.84x | $13.24 Million |
| Semyung Electric Machinery Co.Ltd (017510) | $71.37 Billion | 4.79% | 0.15x | $84.83 Million |
| Enertork Ltd (019990) | $40.71 Billion | 4.84% | 0.05x | $37.49 Million |
| Tae Kwang Corporation (023160) | $412.98 Billion | 2.14% | 0.13x | $502.23 Million |
| Woori Technology Inc (032820) | $38.89 Billion | 0.00% | 1.46x | $918.30 Million |
About Sangsangin Industry Co. Ltd.
Sangsangin Industry Co., Ltd. manufactures and sells marine and offshore equipment, and structure modules in South Korea. It offers offshore, deck, floating, marine, hydraulic hose handling, knuckle, provision, and engine room cranes; engine casings and funnels; special davit and deck machinery; material handling equipment and burner booms; and spare parts. The company was formerly known as Dongn… Read more