SEOJEON ELECTRIC MACHINERY Co.Ltd Net Assets
SEOJEON ELECTRIC MACHINERY Co.Ltd net assets. Based on the latest financial reports, SEOJEON ELECTRIC MACHINERY Co.Ltd (189860) has net assets worth ₩33.37 Billion KRW (≈ $22.61 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 (₩52.26 Billion ≈ $35.42 Million USD) and total liabilities (₩18.90 Billion ≈ $12.81 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. Also explore net asset growth rate of SEOJEON ELECTRIC MACHINERY Co.Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩33.37 Billion |
| % of Total Assets | 63.84% |
| Annual Growth Rate | 8.27% |
| 5-Year Change | 2.98% |
| 10-Year Change | 22.32% |
| Growth Volatility | 33.56 |
Net Assets of SEOJEON ELECTRIC MACHINERY Co.Ltd (2013–2025)
Net assets of SEOJEON ELECTRIC MACHINERY Co.Ltd from 2013 to 2025. This chart illustrates how SEOJEON ELECTRIC MACHINERY Co.Ltd's net assets have evolved over time, based on quarterly financial data. See SEOJEON ELECTRIC MACHINERY Co.Ltd (189860) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for SEOJEON ELECTRIC MACHINERY Co.Ltd (2013–2025)
The table below shows the annual net assets of SEOJEON ELECTRIC MACHINERY Co.Ltd from 2013 to 2025. For live market cap and overall valuation, see 189860 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩38.40 Billion ≈ $26.02 Million |
+22.00% |
| 2024-12-31 | ₩31.48 Billion ≈ $21.33 Million |
+3.70% |
| 2023-12-31 | ₩30.35 Billion ≈ $20.57 Million |
-10.98% |
| 2022-12-31 | ₩34.10 Billion ≈ $23.11 Million |
-8.56% |
| 2021-12-31 | ₩37.29 Billion ≈ $25.27 Million |
-6.81% |
| 2020-12-31 | ₩40.01 Billion ≈ $27.12 Million |
+5.95% |
| 2019-12-31 | ₩37.76 Billion ≈ $25.59 Million |
+2.31% |
| 2018-12-31 | ₩36.91 Billion ≈ $25.02 Million |
+9.69% |
| 2017-12-31 | ₩33.65 Billion ≈ $22.80 Million |
+7.19% |
| 2016-12-31 | ₩31.39 Billion ≈ $21.27 Million |
+3.37% |
| 2015-12-31 | ₩30.37 Billion ≈ $20.58 Million |
-6.32% |
| 2014-12-31 | ₩32.42 Billion ≈ $21.97 Million |
+119.13% |
| 2013-12-31 | ₩14.79 Billion ≈ $10.03 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to SEOJEON ELECTRIC MACHINERY 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 121.6% over the analyzed period, indicating profitable operations and earnings retention.
SEOJEON ELECTRIC MACHINERY Co.Ltd Net Assets Breakdown (December 2025)
SEOJEON ELECTRIC MACHINERY Co.Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩28.80 Billion | 74.99% |
| Other Components | ₩9.60 Billion | 25.01% |
| Total Equity | ₩38.40 Billion | 100.00% |
SEOJEON ELECTRIC MACHINERY Co.Ltd Competitors by Market Cap
The table below lists competitors of SEOJEON ELECTRIC MACHINERY Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lysaght Galvanized Steel Bhd
KLSE:9199
|
$24.85 Million |
|
Seoam Machinery Industry Co.Ltd
KQ:100660
|
$24.85 Million |
|
Papilon Savunma Guvenlik Sistemleri
IS:PAPIL
|
$24.85 Million |
|
Shenzhen Properties & Resources Development Group Ltd
SHE:200011
|
$24.85 Million |
|
DNXcorp
PA:ALDNX
|
$24.84 Million |
|
CJ Century Logistics Holdings Bhd
KLSE:7117
|
$24.84 Million |
|
Optrontec Inc
KQ:082210
|
$24.83 Million |
|
Almaden Minerals Ltd
TO:AMM
|
$24.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SEOJEON ELECTRIC MACHINERY Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 31,475,500,020 to 38,400,077,930, a change of 6,924,577,910 (22.0%).
- Net income of 6,938,627,020 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.94 Billion | +18.07% |
| Other Changes | ₩-14.05 Million | -0.04% |
| Total Change | ₩- | 22.00% |
Book Value vs Market Value Analysis
This analysis compares SEOJEON ELECTRIC MACHINERY 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: 0.95x
- 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 1.17x to 0.95x 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 | ₩3236.70 | ₩3780.00 | x |
| 2017-12-31 | ₩3469.52 | ₩3780.00 | x |
| 2018-12-31 | ₩3805.88 | ₩3780.00 | x |
| 2019-12-31 | ₩3893.66 | ₩3780.00 | x |
| 2020-12-31 | ₩4125.40 | ₩3780.00 | x |
| 2021-12-31 | ₩3844.62 | ₩3780.00 | x |
| 2022-12-31 | ₩3515.41 | ₩3780.00 | x |
| 2023-12-31 | ₩3129.55 | ₩3780.00 | x |
| 2024-12-31 | ₩3245.31 | ₩3780.00 | x |
| 2025-12-31 | ₩3959.27 | ₩3780.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SEOJEON ELECTRIC MACHINERY 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): 18.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.19%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.79x
- Recent ROE (18.07%) is above the historical average (7.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 38.53% | 10.39% | 2.02x | 1.83x | ₩4.22 Billion |
| 2014 | 30.25% | 17.42% | 1.40x | 1.24x | ₩6.57 Billion |
| 2015 | 0.51% | 0.37% | 1.15x | 1.20x | ₩-2.88 Billion |
| 2016 | 4.42% | 2.77% | 1.23x | 1.30x | ₩-1.75 Billion |
| 2017 | 8.30% | 5.56% | 1.15x | 1.30x | ₩-573.53 Million |
| 2018 | 9.12% | 5.88% | 1.09x | 1.42x | ₩-323.41 Million |
| 2019 | 3.54% | 2.19% | 1.08x | 1.50x | ₩-2.44 Billion |
| 2020 | 6.34% | 4.14% | 1.09x | 1.40x | ₩-1.46 Billion |
| 2021 | -6.51% | -4.63% | 1.04x | 1.36x | ₩-6.16 Billion |
| 2022 | -9.36% | -6.30% | 0.99x | 1.50x | ₩-6.60 Billion |
| 2023 | -12.33% | -8.65% | 0.79x | 1.80x | ₩-6.78 Billion |
| 2024 | 3.44% | 1.71% | 1.00x | 2.02x | ₩-2.06 Billion |
| 2025 | 18.07% | 10.19% | 0.99x | 1.79x | ₩3.10 Billion |
Industry Comparison
This section compares SEOJEON ELECTRIC MACHINERY Co.Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,055,793,739,478
- Average return on equity (ROE) among peers: 0.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SEOJEON ELECTRIC MACHINERY Co.Ltd (189860) | ₩33.37 Billion | 38.53% | 0.57x | $24.84 Million |
| Kumho Electric (001210) | $18.36 Billion | -53.40% | 3.57x | $56.90 Million |
| Taihan Electric Wire Co Ltd (001440) | $324.50 Billion | 0.00% | 9.86x | $2.41 Billion |
| Posco Chemical Co Ltd (003670) | $1.02 Trillion | 2.89% | 1.04x | $9.87 Billion |
| Sebang Global Battery Co Ltd (004490) | $585.52 Billion | 16.71% | 0.32x | $477.70 Million |
| LS Corp (006260) | $5.55 Trillion | 8.13% | 2.03x | $3.84 Billion |
| Daewon Cable (006340) | $45.67 Billion | 7.13% | 1.90x | $464.35 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $80.33 Billion | 0.85% | 1.76x | $354.93 Million |
| Samsung SDI (006400) | $10.96 Trillion | 2.00% | 0.36x | $25.57 Billion |
| Samsung Sdi Co Pref (006405) | $11.45 Trillion | 5.74% | 0.38x | $199.01 Million |
| LS Electric (010120) | $509.15 Billion | 18.56% | 1.33x | $3.05 Billion |
About SEOJEON ELECTRIC MACHINERY Co.Ltd
SEOJEON ELECTRIC MACHINERY Co.,Ltd. manufactures and sells electric switchboards and control panels in South Korea. It offers switchgears, including environment friendly compact type, medium voltage compact, low voltage module, metal clad, gas insulated, asesmatic, smart, and DC switchgears, as well as rectifiers, motor control centers, and distribution panels; and e-Keey Dry system for applicati… Read more