Seojin System Co.Ltd Net Assets
Seojin System Co.Ltd net assets. Based on the latest financial reports, Seojin System Co.Ltd (178320) has net assets worth ₩991.54 Billion KRW (≈ $671.95 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩3.04 Trillion ≈ $2.06 Billion USD) and total liabilities (₩2.04 Trillion ≈ $1.39 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 fast is Seojin System Co.Ltd growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩991.54 Billion |
| % of Total Assets | 32.66% |
| Annual Growth Rate | 36.13% |
| 5-Year Change | 104.83% |
| 10-Year Change | 917.55% |
| Growth Volatility | 41.75 |
Net Assets of Seojin System Co.Ltd (2015–2025)
Net assets of Seojin System Co.Ltd from 2015 to 2025. This chart illustrates how Seojin System Co.Ltd's net assets have evolved over time, based on quarterly financial data. See Seojin System Co.Ltd balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Seojin System Co.Ltd (2015–2025)
The table below shows the annual net assets of Seojin System Co.Ltd from 2015 to 2025. For live market cap and overall valuation, see Seojin System Co.Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩737.77 Billion ≈ $499.98 Million |
-15.74% |
| 2024-12-31 | ₩875.58 Billion ≈ $593.37 Million |
+75.79% |
| 2023-12-31 | ₩498.10 Billion ≈ $337.55 Million |
-7.69% |
| 2022-12-31 | ₩539.57 Billion ≈ $365.66 Million |
+49.80% |
| 2021-12-31 | ₩360.18 Billion ≈ $244.09 Million |
+48.90% |
| 2020-12-31 | ₩241.90 Billion ≈ $163.93 Million |
-8.20% |
| 2019-12-31 | ₩263.51 Billion ≈ $178.58 Million |
+21.50% |
| 2018-12-31 | ₩216.88 Billion ≈ $146.98 Million |
+82.70% |
| 2017-12-31 | ₩118.71 Billion ≈ $80.45 Million |
+63.73% |
| 2016-12-31 | ₩72.50 Billion ≈ $49.14 Million |
+114.90% |
| 2015-12-31 | ₩33.74 Billion ≈ $22.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Seojin System 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 287.1% over the analyzed period, indicating profitable operations and earnings retention.
Seojin System Co.Ltd Net Assets Breakdown (December 2025)
Seojin System Co.Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩78.02 Billion | 10.64% |
| Other Components | ₩655.44 Billion | 89.36% |
| Total Equity | ₩733.46 Billion | 100.00% |
Seojin System Co.Ltd Competitors by Market Cap
The table below lists competitors of Seojin System Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NationGate Holdings Berhad
KLSE:0270
|
$1.22 Billion |
|
Bikaji Foods International Limited
NSE:BIKAJI
|
$1.22 Billion |
|
Chemtrade Logistics Income Fund
TO:CHE-UN
|
$1.22 Billion |
|
Ingles Markets Incorporated
NASDAQ:IMKTA
|
$1.22 Billion |
|
GH RESEARCH PLC DL-025
F:1KA
|
$1.22 Billion |
|
STAAR Surgical Company
NASDAQ:STAA
|
$1.22 Billion |
|
BOTH Engineering Technology Co. Ltd. A
SHG:601133
|
$1.22 Billion |
|
Forestar Group Inc
NYSE:FOR
|
$1.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seojin System Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 869,989,352,040 to 733,461,083,210, a change of -136,528,268,830 (-15.7%).
- Net loss of 101,238,300,770 reduced equity.
- Share repurchases of 10,042,435,390 reduced equity.
- Other factors decreased equity by 25,247,532,670.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-101.24 Billion | -13.8% |
| Share Repurchases | ₩10.04 Billion | -1.37% |
| Other Changes | ₩-25.25 Billion | -3.44% |
| Total Change | ₩- | -15.69% |
Book Value vs Market Value Analysis
This analysis compares Seojin System 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: 2.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.40x to 2.17x 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 | ₩3839.89 | ₩28400.00 | x |
| 2017-12-31 | ₩4328.60 | ₩28400.00 | x |
| 2018-12-31 | ₩5991.06 | ₩28400.00 | x |
| 2019-12-31 | ₩7278.94 | ₩28400.00 | x |
| 2020-12-31 | ₩6682.18 | ₩28400.00 | x |
| 2021-12-31 | ₩9584.28 | ₩28400.00 | x |
| 2022-12-31 | ₩14357.65 | ₩28400.00 | x |
| 2023-12-31 | ₩13319.63 | ₩28400.00 | x |
| 2024-12-31 | ₩15467.04 | ₩28400.00 | x |
| 2025-12-31 | ₩13063.01 | ₩28400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seojin System 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): -13.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.49%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 3.14x
- Recent ROE (-13.80%) is below the historical average (10.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 54.08% | 23.47% | 0.53x | 4.33x | ₩14.87 Billion |
| 2016 | 27.07% | 11.83% | 0.73x | 3.12x | ₩12.38 Billion |
| 2017 | 4.54% | 2.26% | 0.92x | 2.18x | ₩-6.48 Billion |
| 2018 | 13.88% | 9.28% | 0.74x | 2.02x | ₩8.42 Billion |
| 2019 | 18.46% | 12.40% | 0.70x | 2.14x | ₩22.30 Billion |
| 2020 | -2.28% | -1.71% | 0.47x | 2.86x | ₩-29.70 Billion |
| 2021 | 10.72% | 6.37% | 0.58x | 2.92x | ₩2.59 Billion |
| 2022 | 0.30% | 0.22% | 0.53x | 2.57x | ₩-52.35 Billion |
| 2023 | -4.53% | -2.90% | 0.51x | 3.05x | ₩-72.38 Billion |
| 2024 | 9.68% | 6.94% | 0.58x | 2.42x | ₩-2.74 Billion |
| 2025 | -13.80% | -9.49% | 0.46x | 3.14x | ₩-174.58 Billion |
Industry Comparison
This section compares Seojin System Co.Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $135,400,930,841
- Average return on equity (ROE) among peers: 8.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seojin System Co.Ltd (178320) | ₩991.54 Billion | 54.08% | 2.06x | $1.22 Billion |
| Gaon Cable (000500) | $260.02 Billion | 0.00% | 0.96x | $2.56 Billion |
| Huneed Tech (005870) | $109.59 Billion | 16.04% | 0.35x | $43.56 Million |
| Taihan Fiber Optics Co. Ltd (010170) | $96.57 Billion | 13.76% | 0.61x | $1.29 Billion |
| Humax Holdings Co. Ltd (028080) | $230.02 Billion | 2.90% | 0.08x | $7.65 Million |
| Comtec Sys (031820) | $58.35 Billion | 1.48% | 0.83x | $40.23 Million |
| KMW Inc. (032500) | $216.78 Billion | 47.36% | 0.97x | $477.69 Million |
| Insung Information Co. Ltd (033230) | $74.15 Billion | 1.58% | 2.14x | $35.65 Million |
| Bluecom Co. Ltd (033560) | $165.48 Billion | -0.31% | 0.06x | $56.66 Million |
| Skymoons Technology Inc. (033790) | $98.28 Billion | -5.95% | 0.67x | $344.28 Million |
| Kisan Telecom Co. Ltd (035460) | $44.76 Billion | 4.24% | 1.06x | $20.50 Million |
About Seojin System Co.Ltd
Seojin System Co.,Ltd provides telecom equipment, repeaters, mechanical products, and LED and other equipment. The company offers telecommunication equipment, such as RRH, RU, cabinets, enclosures, cases, and sever racks; mobile phone frames; automotive parts; semiconductor equipment; aluminum alloys; cable harness for power, telecom, data, and other cable industries; and LED cases comprising ind… Read more