Seojin Automotive Co.Ltd (122690) - Net Assets
Based on the latest financial reports, Seojin Automotive Co.Ltd (122690) has net assets worth ₩415.48 Billion KRW (≈ $281.57 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 (₩2.04 Trillion ≈ $1.38 Billion USD) and total liabilities (₩1.62 Trillion ≈ $1.10 Billion 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. Also explore how large is Seojin Automotive Co.Ltd's balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩415.48 Billion |
| % of Total Assets | 20.39% |
| Annual Growth Rate | 6.25% |
| 5-Year Change | 469.2% |
| 10-Year Change | 238.36% |
| Growth Volatility | 110.74 |
Seojin Automotive Co.Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Seojin Automotive Co.Ltd's net assets have evolved over time, based on quarterly financial data. Check 122690 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Seojin Automotive Co.Ltd (2012–2025)
The table below shows the annual net assets of Seojin Automotive Co.Ltd from 2012 to 2025. For live valuation and market cap data, see how much is Seojin Automotive Co.Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩415.48 Billion ≈ $281.57 Million |
+348.52% |
| 2024-12-31 | ₩92.63 Billion ≈ $62.78 Million |
-64.46% |
| 2023-12-31 | ₩260.62 Billion ≈ $176.62 Million |
+213.59% |
| 2022-12-31 | ₩83.11 Billion ≈ $56.32 Million |
+13.86% |
| 2021-12-31 | ₩72.99 Billion ≈ $49.47 Million |
+0.01% |
| 2020-12-31 | ₩72.98 Billion ≈ $49.46 Million |
-16.73% |
| 2019-12-31 | ₩87.65 Billion ≈ $59.40 Million |
-13.84% |
| 2018-12-31 | ₩101.73 Billion ≈ $68.94 Million |
-8.22% |
| 2017-12-31 | ₩110.84 Billion ≈ $75.11 Million |
-9.74% |
| 2016-12-31 | ₩122.79 Billion ≈ $83.21 Million |
-40.70% |
| 2015-12-31 | ₩207.06 Billion ≈ $140.32 Million |
+2.14% |
| 2014-12-31 | ₩202.72 Billion ≈ $137.38 Million |
+1.86% |
| 2013-12-31 | ₩199.02 Billion ≈ $134.87 Million |
+5.31% |
| 2012-12-31 | ₩188.99 Billion ≈ $128.07 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Seojin Automotive 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 784147458000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩7.84 Billion | 5.32% |
| Other Components | ₩139.59 Billion | 94.68% |
| Total Equity | ₩147.44 Billion | 100.00% |
Seojin Automotive Co.Ltd Competitors by Market Cap
The table below lists competitors of Seojin Automotive Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Marker Therapeutics Inc
NASDAQ:MRKR
|
$21.17 Million |
|
Eminis Ambalaj Sanayi ve Ticaret AS
IS:EMNIS
|
$21.18 Million |
|
Renewables Infrastructure Grp
LSE:TRIG
|
$21.19 Million |
|
Dunelm Group PLC
LSE:DNLM
|
$21.19 Million |
|
Silgo Retail Limited
NSE:SILGO
|
$21.16 Million |
|
MESB Bhd
KLSE:7234
|
$21.15 Million |
|
Pelangio Exploration Inc
V:PX
|
$21.15 Million |
|
CKX Lands Inc
NYSE MKT:CKX
|
$21.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seojin Automotive Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 92,634,682,060 to 147,435,545,500, a change of 54,800,863,440 (59.2%).
- Net loss of 24,830,658,130 reduced equity.
- Dividend payments of 1,691,252,400 reduced retained earnings.
- Share repurchases of 156,842,840 reduced equity.
- New share issuances of 426,374,240 increased equity.
- Other factors increased equity by 81,053,242,570.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-24.83 Billion | -16.84% |
| Dividends Paid | ₩1.69 Billion | -1.15% |
| Share Repurchases | ₩156.84 Million | -0.11% |
| Share Issuances | ₩426.37 Million | +0.29% |
| Other Changes | ₩81.05 Billion | +54.98% |
| Total Change | ₩- | 59.16% |
Book Value vs Market Value Analysis
This analysis compares Seojin Automotive 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: 0.24x
- 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 |
|---|---|---|---|
| 2016-12-31 | ₩7718.63 | ₩1609.00 | x |
| 2017-12-31 | ₩5708.19 | ₩1609.00 | x |
| 2018-12-31 | ₩5239.25 | ₩1609.00 | x |
| 2019-12-31 | ₩4513.95 | ₩1609.00 | x |
| 2020-12-31 | ₩3758.72 | ₩1609.00 | x |
| 2021-12-31 | ₩3759.23 | ₩1609.00 | x |
| 2022-12-31 | ₩3973.27 | ₩1609.00 | x |
| 2023-12-31 | ₩4196.87 | ₩1609.00 | x |
| 2024-12-31 | ₩4264.86 | ₩1609.00 | x |
| 2025-12-31 | ₩6629.89 | ₩1609.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seojin Automotive 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): -16.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.84%
- • Asset Turnover: 1.44x
- • Equity Multiplier: 13.82x
- Recent ROE (-16.84%) is below the historical average (-3.61%), 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 | 6.74% | 0.64% | 1.75x | 6.04x | ₩-3.94 Billion |
| 2015 | 3.41% | 0.31% | 1.64x | 6.78x | ₩-7.91 Billion |
| 2016 | 1.82% | 0.17% | 1.58x | 6.68x | ₩-10.05 Billion |
| 2017 | -9.65% | -0.86% | 1.49x | 7.48x | ₩-21.78 Billion |
| 2018 | -16.50% | -1.30% | 1.48x | 8.52x | ₩-26.96 Billion |
| 2019 | -17.65% | -1.08% | 1.64x | 9.94x | ₩-24.23 Billion |
| 2020 | -19.16% | -0.93% | 1.76x | 11.72x | ₩-21.28 Billion |
| 2021 | 4.80% | 0.20% | 1.93x | 12.49x | ₩-3.80 Billion |
| 2022 | 8.54% | 0.34% | 2.00x | 12.60x | ₩-1.21 Billion |
| 2023 | 9.91% | 0.36% | 1.97x | 14.07x | ₩-82.91 Million |
| 2024 | 1.26% | 0.05% | 1.64x | 17.08x | ₩-8.09 Billion |
| 2025 | -16.84% | -0.84% | 1.44x | 13.82x | ₩-39.57 Billion |
Industry Comparison
This section compares Seojin Automotive Co.Ltd's net assets metrics with peer companies in the Automobiles & Auto Parts industry.
Industry Context
- Industry: Automobiles & Auto Parts
- Average net assets among peers: $89,189,639,579
- Average return on equity (ROE) among peers: 1.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seojin Automotive Co.Ltd (122690) | ₩415.48 Billion | 6.74% | 3.90x | $21.17 Million |
| CBI Co. Ltd (013720) | $51.92 Billion | -32.02% | 0.55x | $2.27 Million |
| Ilji Technology Co. Ltd (019540) | $75.99 Billion | 15.06% | 1.99x | $54.11 Million |
| Hanil Forging Industrial Co. Ltd (024740) | $68.01 Billion | 4.18% | 0.95x | $42.01 Million |
| HRS Co. Ltd (036640) | $72.19 Billion | 5.78% | 0.23x | $51.67 Million |
| Ecoplastic Corporation (038110) | $116.82 Billion | 2.61% | 3.04x | $33.45 Million |
| Saedong Co.Ltd (053060) | $21.73 Billion | -19.24% | 4.73x | $20.47 Million |
| Guyoung Technology Co. Ltd (053270) | $153.97 Billion | 14.66% | 3.61x | $32.19 Million |
| Sambo Motors Co. Ltd (053700) | $150.49 Billion | 22.52% | 2.48x | $42.00 Million |
| ESTec Corporation (069510) | $139.49 Billion | 6.84% | 0.82x | $70.79 Million |
| Sungchang Autotech Co. Ltd (080470) | $41.28 Billion | -4.31% | 1.57x | $14.47 Million |
About Seojin Automotive Co.Ltd
Seojin Automotive Co.,Ltd. produces, supplies, and sells automobile clutches and components. Its products include clutch covers, discs, and facings; fly wheels; release bearings for passenger cars and commercial vehicles; and automatic transmission parts, including retainer and clutch assy, disk jets, drums, wet clutches, break bands, separator plates, lockup dumpers, drive plates, park pawls, si… Read more