S&W Corporation (103230) - Net Assets
Based on the latest financial reports, S&W Corporation (103230) has net assets worth ₩53.60 Billion KRW (≈ $36.33 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 (₩86.62 Billion ≈ $58.70 Million USD) and total liabilities (₩33.02 Billion ≈ $22.38 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 S&W Corporation strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩53.60 Billion |
| % of Total Assets | 61.88% |
| Annual Growth Rate | -0.28% |
| 5-Year Change | 37.3% |
| 10-Year Change | N/A |
| Growth Volatility | 9.33 |
S&W Corporation - Net Assets Trend (2014–2025)
This chart illustrates how S&W Corporation's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see S&W Corporation stock valuation.
Annual Net Assets for S&W Corporation (2014–2025)
The table below shows the annual net assets of S&W Corporation from 2014 to 2025. Also explore 103230 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩53.48 Billion ≈ $36.24 Million |
+7.34% |
| 2024-12-31 | ₩49.82 Billion ≈ $33.76 Million |
+9.67% |
| 2023-12-31 | ₩45.43 Billion ≈ $30.79 Million |
+6.82% |
| 2022-12-31 | ₩42.53 Billion ≈ $28.82 Million |
+9.18% |
| 2019-12-31 | ₩38.95 Billion ≈ $26.40 Million |
-7.75% |
| 2018-12-31 | ₩42.22 Billion ≈ $28.61 Million |
-19.48% |
| 2017-12-31 | ₩52.44 Billion ≈ $35.54 Million |
-6.78% |
| 2016-12-31 | ₩56.25 Billion ≈ $38.12 Million |
-1.90% |
| 2015-12-31 | ₩57.34 Billion ≈ $38.86 Million |
+3.98% |
| 2014-12-31 | ₩55.15 Billion ≈ $37.37 Million |
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Equity Component Analysis
This analysis shows how different components contribute to S&W Corporation'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 7.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩36.37 Billion | 68.00% |
| Other Components | ₩17.11 Billion | 32.00% |
| Total Equity | ₩53.48 Billion | 100.00% |
S&W Corporation Competitors by Market Cap
The table below lists competitors of S&W Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Murray Income Trust
LSE:MUT
|
$11.08 Million |
|
High Coast Distillery AB
ST:HIGHCO-B
|
$11.08 Million |
|
Helport AI Limited Ordinary Shares
NASDAQ:HPAI
|
$11.09 Million |
|
JOY SPREADER GROUP INC.
F:5YN
|
$11.09 Million |
|
New Age Metals Inc
V:NAM
|
$11.07 Million |
|
ELL ENVIRON.HLDGS HD-0001
F:6EL
|
$11.07 Million |
|
Wahana Inti MakmurTbk PT
JK:NASI
|
$11.07 Million |
|
South Malaysia Industries Bhd
KLSE:4375
|
$11.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in S&W Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 49,821,274,740 to 53,478,457,260, a change of 3,657,182,520 (7.3%).
- Net income of 3,631,155,590 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.63 Billion | +6.79% |
| Other Changes | ₩26.03 Million | +0.05% |
| Total Change | ₩- | 7.34% |
Book Value vs Market Value Analysis
This analysis compares S&W Corporation'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: 0.31x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩5906.57 | ₩2270.00 | x |
| 2023-12-31 | ₩6309.67 | ₩2270.00 | x |
| 2024-12-31 | ₩6919.62 | ₩2270.00 | x |
| 2025-12-31 | ₩7427.56 | ₩2270.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently S&W Corporation 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): 6.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.44%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.59x
- Recent ROE (6.79%) is above the historical average (-0.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.36% | 0.39% | 0.66x | 1.40x | ₩-5.31 Billion |
| 2015 | 4.56% | 5.36% | 0.67x | 1.26x | ₩-3.12 Billion |
| 2016 | -1.91% | -2.54% | 0.60x | 1.25x | ₩-6.70 Billion |
| 2017 | -7.99% | -12.80% | 0.51x | 1.22x | ₩-9.44 Billion |
| 2018 | -24.20% | -33.80% | 0.52x | 1.37x | ₩-14.44 Billion |
| 2019 | -7.07% | -7.65% | 0.65x | 1.43x | ₩-6.65 Billion |
| 2022 | 5.47% | 6.46% | 0.58x | 1.46x | ₩-1.93 Billion |
| 2023 | 7.63% | 7.95% | 0.65x | 1.47x | ₩-1.08 Billion |
| 2024 | 9.56% | 10.11% | 0.66x | 1.43x | ₩-218.89 Million |
| 2025 | 6.79% | 7.44% | 0.57x | 1.59x | ₩-1.72 Billion |
Industry Comparison
This section compares S&W Corporation's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| S&W Corporation (103230) | ₩53.60 Billion | 0.36% | 0.62x | $11.08 Million |
| Samyang Holdings Corp (000075) | $1.65 Trillion | 0.15% | 0.69x | $17.20 Million |
| POBIS TNC CO. Ltd (016670) | $50.02 Billion | -5.00% | 0.62x | $59.98 Million |
| Posco ICT Company Ltd (022100) | $335.30 Billion | -15.35% | 1.07x | $2.80 Billion |
| Osung Advanced Materials Co. Ltd (052420) | $227.52 Billion | 5.42% | 0.27x | $371.06 Million |
| Kyung Nam Pharm Co Ltd (053950) | $28.91 Billion | 12.87% | 0.84x | $14.01K |
| ilShinbiobase Co. Ltd (068330) | $32.98 Billion | 8.16% | 0.14x | $29.42 Million |
| Kuk-Il Paper Mfg Co.Ltd (078130) | $52.66 Billion | -27.69% | 1.49x | $288.25 Million |
| OncoQuest Pharmaceuticals Inc (078590) | $48.94 Billion | -22.72% | 0.67x | $106.61 Million |
| MCNEX Co. Ltd (097520) | $98.02 Billion | -0.91% | 2.96x | $328.51 Million |
| Smac Co. Ltd (097780) | $285.98 Billion | -13.16% | 0.34x | $224.96 Million |
About S&W Corporation
S&W Corporation provides marine engine components in South Korea. It offers diesel engine parts, such as cams, camshafts, valve/seat rings, engine bolts/nuts, and other parts. The company also provides industrial bolts, including stud bolts and hex bolts assembled with flange for petrochemical and construction industries; surface-treated galvanizing and coating bolts to ocean project companies an… Read more