SKY E&M Co. Ltd (131100) - Net Assets
Based on the latest financial reports, SKY E&M Co. Ltd (131100) has net assets worth ₩67.63 Billion KRW (≈ $45.83 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 (₩93.62 Billion ≈ $63.44 Million USD) and total liabilities (₩25.99 Billion ≈ $17.61 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 SKY E&M Co. Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩67.63 Billion |
| % of Total Assets | 72.24% |
| Annual Growth Rate | 3.46% |
| 5-Year Change | 157.69% |
| 10-Year Change | 479.45% |
| Growth Volatility | 142.91 |
SKY E&M Co. Ltd - Net Assets Trend (2012–2024)
This chart illustrates how SKY E&M Co. Ltd's net assets have evolved over time, based on quarterly financial data. See 131100 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for SKY E&M Co. Ltd (2012–2024)
The table below shows the annual net assets of SKY E&M Co. Ltd from 2012 to 2024. For live valuation and market cap data, see SKY E&M Co. Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩66.64 Billion ≈ $45.16 Million |
+5.76% |
| 2023-12-31 | ₩63.01 Billion ≈ $42.70 Million |
-18.15% |
| 2022-12-31 | ₩76.98 Billion ≈ $52.17 Million |
-3.51% |
| 2021-12-31 | ₩79.78 Billion ≈ $54.07 Million |
+208.51% |
| 2020-12-31 | ₩25.86 Billion ≈ $17.53 Million |
+71.34% |
| 2019-12-31 | ₩15.09 Billion ≈ $10.23 Million |
-55.00% |
| 2019-06-30 | ₩33.54 Billion ≈ $22.73 Million |
+7.30% |
| 2018-12-31 | ₩31.26 Billion ≈ $21.18 Million |
+478.88% |
| 2017-12-31 | ₩5.40 Billion ≈ $3.66 Million |
-53.05% |
| 2016-12-31 | ₩11.50 Billion ≈ $7.79 Million |
-66.81% |
| 2015-12-31 | ₩34.65 Billion ≈ $23.48 Million |
-20.50% |
| 2014-12-31 | ₩43.59 Billion ≈ $29.54 Million |
+0.31% |
| 2013-12-31 | ₩43.45 Billion ≈ $29.45 Million |
-1.92% |
| 2012-12-31 | ₩44.30 Billion ≈ $30.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SKY E&M 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 13467804929000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩14.02 Billion | 21.04% |
| Other Components | ₩187.29 Billion | 281.05% |
| Total Equity | ₩66.64 Billion | 100.00% |
SKY E&M Co. Ltd Competitors by Market Cap
The table below lists competitors of SKY E&M Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arvee Laboratories (India) Limited
NSE:ARVEE
|
$19.64 Million |
|
Law Debenture Corp
LSE:LWDB
|
$19.65 Million |
|
Haily Group Bhd
KLSE:0237
|
$19.65 Million |
|
Maisons du Monde SAS
PA:MDM
|
$19.65 Million |
|
Orbital Corporation Ltd
AU:OEC
|
$19.64 Million |
|
Caldwell Partners International Inc
TO:CWL
|
$19.63 Million |
|
BMG Resources Ltd
AU:BMG
|
$19.63 Million |
|
Teck Guan Perdana Bhd
KLSE:7439
|
$19.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SKY E&M Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 63,010,001,830 to 66,640,639,190, a change of 3,630,637,360 (5.8%).
- Net income of 2,190,776,810 contributed positively to equity growth.
- Other factors increased equity by 1,439,860,550.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.19 Billion | +3.29% |
| Other Changes | ₩1.44 Billion | +2.16% |
| Total Change | ₩- | 5.76% |
Book Value vs Market Value Analysis
This analysis compares SKY E&M 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: 0.38x
- 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 |
|---|---|---|---|
| 2017-12-31 | ₩2831.14 | ₩899.00 | x |
| 2018-12-31 | ₩5780.91 | ₩899.00 | x |
| 2019-12-31 | ₩2578.66 | ₩899.00 | x |
| 2020-12-31 | ₩3132.57 | ₩899.00 | x |
| 2021-12-31 | ₩2973.73 | ₩899.00 | x |
| 2022-12-31 | ₩2869.32 | ₩899.00 | x |
| 2023-12-31 | ₩2246.87 | ₩899.00 | x |
| 2024-12-31 | ₩2376.33 | ₩899.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SKY E&M 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): 3.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.53%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 1.87x
- Recent ROE (3.29%) is above the historical average (-77.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -14.07% | -11.19% | 0.44x | 2.85x | ₩-10.45 Billion |
| 2015 | -30.75% | -20.93% | 0.50x | 2.95x | ₩-14.12 Billion |
| 2016 | -309.12% | -106.88% | 0.64x | 4.50x | ₩-36.70 Billion |
| 2017 | -177.18% | -39.86% | 0.79x | 5.62x | ₩-10.11 Billion |
| 2018 | -41.72% | -31.25% | 0.79x | 1.68x | ₩-16.17 Billion |
| 2019 | -42.77% | -40.45% | 0.72x | 1.46x | ₩-17.68 Billion |
| 2019 | -164.56% | -111.42% | 0.41x | 3.56x | ₩-26.35 Billion |
| 2020 | -99.45% | -134.38% | 0.40x | 1.86x | ₩-28.30 Billion |
| 2021 | -18.16% | -24.67% | 0.37x | 1.98x | ₩-22.47 Billion |
| 2022 | -3.09% | -3.31% | 0.50x | 1.85x | ₩-10.08 Billion |
| 2023 | -28.33% | -11.88% | 1.22x | 1.95x | ₩-24.15 Billion |
| 2024 | 3.29% | 1.53% | 1.15x | 1.87x | ₩-4.47 Billion |
Industry Comparison
This section compares SKY E&M Co. Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,019,217,608,936
- Average return on equity (ROE) among peers: 6.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SKY E&M Co. Ltd (131100) | ₩67.63 Billion | -14.07% | 0.38x | $19.64 Million |
| Rifa Ind (000760) | $181.15 Billion | -1.86% | 0.48x | $23.49 Million |
| Kumyang (001570) | $117.41 Billion | 11.36% | 1.68x | $428.33 Million |
| Sh E & Chemical Co. Ltd. (002360) | $64.16 Billion | 3.67% | 0.88x | $142.41 Million |
| KCC Corporation (002380) | $5.04 Trillion | 6.82% | 1.60x | $2.66 Billion |
| Miwon Commerci (002840) | $267.57 Billion | 19.38% | 0.23x | $380.63 Million |
| Taekwang Ind (003240) | $1.47 Trillion | 2.08% | 0.33x | $510.47 Million |
| Lotte Fine Chemical Co Ltd (004000) | $2.29 Trillion | 6.37% | 0.18x | $847.50 Million |
| Dongjin Semichem Co. Ltd (005290) | $88.75 Billion | 0.00% | 3.24x | $2.18 Billion |
| Isu Chemical Co Ltd (005950) | $238.78 Billion | 5.60% | 0.88x | $253.62 Million |
| Korea Petro Chemical Ind (006650) | $431.77 Billion | 8.74% | 0.88x | $540.34 Million |
About SKY E&M Co. Ltd
TN entertainment Co., Ltd., an electronic chemical material company, researches, develops, manufactures, and sells secondary battery electrolyte materials, etchant additives, and optically clear adhesive (OCA) films in South Korea. The company offers food additives. It is involved in the artist management; develops content; broadcast program production; and franchise and directly managed restaura… Read more