Shinjin Sm Co.Ltd
Shinjin Sm Co.,Ltd. engages in the manufacture and sale of standard materials in South Korea, Japan, Thailand, and internationally. The company offers standard plates, such as carbon steel, stainless steel, aluminum, and special steel plates; plates for mold base; and circular saws. It also provides processing equipment, such as STC-3500, a circular saw cutting machine for metal plates; STVI-300,… Read more
Shinjin Sm Co.Ltd (138070) - Net Assets
Latest net assets as of September 2025: ₩77.79 Billion KRW
Based on the latest financial reports, Shinjin Sm Co.Ltd (138070) has net assets worth ₩77.79 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩103.29 Billion) and total liabilities (₩25.50 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩77.79 Billion |
| % of Total Assets | 75.32% |
| Annual Growth Rate | 3.6% |
| 5-Year Change | 13.01% |
| 10-Year Change | 23.42% |
| Growth Volatility | 5.22 |
Shinjin Sm Co.Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shinjin Sm Co.Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shinjin Sm Co.Ltd (2011–2024)
The table below shows the annual net assets of Shinjin Sm Co.Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩77.61 Billion | +0.59% |
| 2023-12-31 | ₩77.16 Billion | +1.33% |
| 2022-12-31 | ₩76.14 Billion | +4.97% |
| 2021-12-31 | ₩72.53 Billion | +5.62% |
| 2020-12-31 | ₩68.67 Billion | -3.44% |
| 2019-12-31 | ₩71.12 Billion | +2.34% |
| 2018-12-31 | ₩69.49 Billion | +3.03% |
| 2017-12-31 | ₩67.45 Billion | +7.95% |
| 2016-12-31 | ₩62.48 Billion | -0.64% |
| 2015-12-31 | ₩62.89 Billion | -2.94% |
| 2014-12-31 | ₩64.79 Billion | +16.88% |
| 2013-12-31 | ₩55.43 Billion | +4.03% |
| 2012-12-31 | ₩53.29 Billion | +8.73% |
| 2011-12-31 | ₩49.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shinjin Sm 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 6349489321000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩63.49 Billion | 81.81% |
| Common Stock | ₩8.75 Billion | 11.28% |
| Other Components | ₩5.36 Billion | 6.91% |
| Total Equity | ₩77.61 Billion | 100.00% |
Shinjin Sm Co.Ltd Competitors by Market Cap
The table below lists competitors of Shinjin Sm Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INVENIA Co. Ltd
KQ:079950
|
$9.89 Million |
|
Mangold Fondkommission AB
ST:MANG
|
$9.89 Million |
|
Endo International PLC
LSE:0Y5F
|
$9.90 Million |
|
Compal Broadband Networks Inc
TW:6674
|
$9.90 Million |
|
Selangor Dredging Bhd
KLSE:2224
|
$9.89 Million |
|
Techgen Metals Ltd
AU:TG1
|
$9.88 Million |
|
DEXIN CHINA HLD. DL-0005
F:26X
|
$9.88 Million |
|
Dutaland Bhd
KLSE:3948
|
$9.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shinjin Sm Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 77,156,453,200 to 77,611,304,670, a change of 454,851,470 (0.6%).
- Net income of 774,496,430 contributed positively to equity growth.
- Dividend payments of 838,366,600 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩774.50 Million | +1.0% |
| Dividends Paid | ₩838.37 Million | -1.08% |
| Other Changes | ₩518.72 Million | +0.67% |
| Total Change | ₩- | 0.59% |
Book Value vs Market Value Analysis
This analysis compares Shinjin Sm 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.
- The price-to-book ratio has decreased from 0.50x to 0.38x 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 | ₩3527.03 | ₩1780.00 | x |
| 2017-12-31 | ₩3807.26 | ₩1780.00 | x |
| 2018-12-31 | ₩3922.75 | ₩1780.00 | x |
| 2019-12-31 | ₩4014.44 | ₩1780.00 | x |
| 2020-12-31 | ₩4024.94 | ₩1780.00 | x |
| 2021-12-31 | ₩4251.16 | ₩1780.00 | x |
| 2022-12-31 | ₩4467.32 | ₩1780.00 | x |
| 2023-12-31 | ₩4601.59 | ₩1780.00 | x |
| 2024-12-31 | ₩4628.72 | ₩1780.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shinjin Sm 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): 1.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.42%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.36x
- Recent ROE (1.00%) is below the historical average (6.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 14.85% | 16.84% | 0.72x | 1.23x | ₩2.38 Billion |
| 2012 | 14.13% | 19.49% | 0.58x | 1.24x | ₩2.20 Billion |
| 2013 | 8.31% | 11.29% | 0.60x | 1.24x | ₩-937.93 Million |
| 2014 | 9.12% | 11.44% | 0.50x | 1.59x | ₩-525.39 Million |
| 2015 | 7.41% | 8.12% | 0.57x | 1.60x | ₩-1.63 Billion |
| 2016 | 1.66% | 2.08% | 0.53x | 1.51x | ₩-5.21 Billion |
| 2017 | 7.45% | 8.82% | 0.58x | 1.46x | ₩-1.72 Billion |
| 2018 | 4.60% | 5.68% | 0.51x | 1.58x | ₩-3.76 Billion |
| 2019 | 3.42% | 4.70% | 0.43x | 1.68x | ₩-4.68 Billion |
| 2020 | -1.64% | -2.33% | 0.43x | 1.64x | ₩-7.99 Billion |
| 2021 | 6.39% | 7.58% | 0.55x | 1.52x | ₩-2.62 Billion |
| 2022 | 5.70% | 6.55% | 0.60x | 1.46x | ₩-3.27 Billion |
| 2023 | 5.19% | 6.71% | 0.56x | 1.39x | ₩-3.71 Billion |
| 2024 | 1.00% | 1.42% | 0.52x | 1.36x | ₩-6.99 Billion |
Industry Comparison
This section compares Shinjin Sm Co.Ltd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $157,012,213,455
- Average return on equity (ROE) among peers: 4.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shinjin Sm Co.Ltd (138070) | ₩77.79 Billion | 14.85% | 0.33x | $9.89 Million |
| Cs Holdings (000590) | $274.75 Billion | 2.28% | 0.11x | $9.72 Million |
| Cheil Grinding (001560) | $84.01 Billion | 7.62% | 0.22x | $12.23 Million |
| Keyang Elec Ma (012200) | $108.68 Billion | 0.99% | 0.16x | $74.96 Million |
| Keyang Electric Machinery Co Ltd (012205) | $120.39 Billion | -1.05% | 0.93x | $55.86 Million |
| YG-1 Co. Ltd (019210) | $55.54 Billion | 4.97% | 1.35x | $161.64 Million |
| Korea Parts & Fasteners Co.Ltd (024880) | $126.69 Billion | 8.71% | 2.00x | $52.58 Million |
| Union Materials Corp (047400) | $99.28 Billion | 6.74% | 0.46x | $26.70 Million |
| Iljin Diamond (081000) | $527.97 Billion | -1.27% | 0.14x | $64.89 Million |
| Seoam Machinery Industry Co.Ltd (100660) | $62.34 Billion | 2.04% | 0.17x | $15.32 Million |
| Chosun Welding (120030) | $110.48 Billion | 11.60% | 0.10x | $19.98 Million |