Shin Heung Energy & Electronics Co.Ltd
Shin Heung Energy & Electronics Co.,Ltd. engages in the manufacturing and sale of parts and facilities for the secondary battery markets in South Korea and internationally. The company provides small battery parts, such as cap assemblies, current interrupt devices, and strip terminals for polymer batteries that are used in tablet PCs, mobile phones and wearable devices, motored tools, laptops, el… Read more
Shin Heung Energy & Electronics Co.Ltd (243840) - Net Assets
Latest net assets as of September 2025: ₩344.14 Billion KRW
Based on the latest financial reports, Shin Heung Energy & Electronics Co.Ltd (243840) has net assets worth ₩344.14 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 (₩873.44 Billion) and total liabilities (₩529.30 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 | ₩344.14 Billion |
| % of Total Assets | 39.4% |
| Annual Growth Rate | 27.23% |
| 5-Year Change | 176.28% |
| 10-Year Change | N/A |
| Growth Volatility | 35.48 |
Shin Heung Energy & Electronics Co.Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Shin Heung Energy & Electronics 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 Shin Heung Energy & Electronics Co.Ltd (2015–2024)
The table below shows the annual net assets of Shin Heung Energy & Electronics Co.Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩358.40 Billion | +6.08% |
| 2023-12-31 | ₩337.87 Billion | +9.75% |
| 2022-12-31 | ₩307.84 Billion | +6.05% |
| 2021-12-31 | ₩290.29 Billion | +123.77% |
| 2020-12-31 | ₩129.73 Billion | +27.77% |
| 2019-12-31 | ₩101.53 Billion | +20.96% |
| 2018-12-31 | ₩83.94 Billion | +20.34% |
| 2017-12-31 | ₩69.76 Billion | +52.01% |
| 2016-12-31 | ₩45.89 Billion | +11.93% |
| 2015-12-31 | ₩41.00 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shin Heung Energy & Electronics 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 564.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩161.20 Billion | 44.98% |
| Common Stock | ₩19.46 Billion | 5.43% |
| Other Components | ₩177.75 Billion | 49.59% |
| Total Equity | ₩358.40 Billion | 100.00% |
Shin Heung Energy & Electronics Co.Ltd Competitors by Market Cap
The table below lists competitors of Shin Heung Energy & Electronics Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
eWork Group AB
ST:EWRK
|
$54.75 Million |
|
Tuksu Engineering & ConstructionLtd
KQ:026150
|
$54.78 Million |
|
Raba Jarmuipari Holding Nyrt
BUD:RABA
|
$54.79 Million |
|
Calida Holding AG
SW:CALN
|
$54.79 Million |
|
BGSF INC. DL-01
F:BGK0
|
$54.74 Million |
|
CO2 Energy Transition Corp. Common Stock
NASDAQ:NOEM
|
$54.73 Million |
|
Thinkific Labs Inc
PINK:THNCF
|
$54.72 Million |
|
American Crystal Sugar Company PFD REST NON DIV
PINK:ASCS
|
$54.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shin Heung Energy & Electronics Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 337,868,238,640 to 358,403,579,060, a change of 20,535,340,420 (6.1%).
- Net income of 21,959,254,520 contributed positively to equity growth.
- Dividend payments of 3,922,672,850 reduced retained earnings.
- Share repurchases of 3,009,008,800 reduced equity.
- Other factors increased equity by 5,507,767,550.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩21.96 Billion | +6.13% |
| Dividends Paid | ₩3.92 Billion | -1.09% |
| Share Repurchases | ₩3.01 Billion | -0.84% |
| Other Changes | ₩5.51 Billion | +1.54% |
| Total Change | ₩- | 6.08% |
Book Value vs Market Value Analysis
This analysis compares Shin Heung Energy & Electronics 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: 0.66x
- 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 | ₩8810.20 | ₩6130.00 | x |
| 2017-12-31 | ₩10646.95 | ₩6130.00 | x |
| 2018-12-31 | ₩12812.01 | ₩6130.00 | x |
| 2019-12-31 | ₩15448.33 | ₩6130.00 | x |
| 2020-12-31 | ₩18613.01 | ₩6130.00 | x |
| 2021-12-31 | ₩37392.95 | ₩6130.00 | x |
| 2022-12-31 | ₩39653.85 | ₩6130.00 | x |
| 2023-12-31 | ₩43406.55 | ₩6130.00 | x |
| 2024-12-31 | ₩9295.12 | ₩6130.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shin Heung Energy & Electronics 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): 6.13%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.07%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 2.44x
- Recent ROE (6.13%) is below the historical average (9.33%), 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 | 3.06% | 1.63% | 0.96x | 1.95x | ₩-2.85 Billion |
| 2016 | 9.76% | 4.47% | 1.00x | 2.17x | ₩-111.19 Million |
| 2017 | 8.24% | 4.32% | 0.88x | 2.16x | ₩-1.23 Billion |
| 2018 | 11.46% | 4.47% | 0.79x | 3.25x | ₩1.23 Billion |
| 2019 | 15.79% | 6.69% | 0.71x | 3.30x | ₩5.88 Billion |
| 2020 | 14.11% | 6.54% | 0.78x | 2.76x | ₩5.34 Billion |
| 2021 | 9.18% | 7.28% | 0.68x | 1.87x | ₩-2.37 Billion |
| 2022 | 6.37% | 4.10% | 0.73x | 2.13x | ₩-11.19 Billion |
| 2023 | 9.16% | 5.73% | 0.64x | 2.49x | ₩-2.85 Billion |
| 2024 | 6.13% | 5.07% | 0.49x | 2.44x | ₩-13.88 Billion |
Industry Comparison
This section compares Shin Heung Energy & Electronics 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: $3,169,826,858,518
- Average return on equity (ROE) among peers: 4.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shin Heung Energy & Electronics Co.Ltd (243840) | ₩344.14 Billion | 3.06% | 1.54x | $54.74 Million |
| Kumho Electric (001210) | $302.39 Billion | 8.90% | 0.83x | $23.46 Million |
| Taihan Electric Wire Co Ltd (001440) | $321.92 Billion | -0.92% | 2.64x | $2.17 Billion |
| Posco Chemical Co Ltd (003670) | $3.32 Trillion | -6.39% | 1.39x | $4.87 Billion |
| Sebang Global Battery Co Ltd (004490) | $1.34 Trillion | 8.71% | 0.37x | $222.68 Million |
| LS Corp (006260) | $3.01 Trillion | 4.09% | 2.33x | $3.06 Billion |
| Daewon Cable (006340) | $42.00 Billion | 0.90% | 1.45x | $196.28 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $113.85 Billion | 5.97% | 0.99x | $70.84 Million |
| Samsung SDI (006400) | $7.54 Trillion | 1.70% | 0.40x | $16.12 Billion |
| Samsung Sdi Co Pref (006405) | $15.20 Trillion | 7.70% | 0.70x | $7.85 Billion |
| LS Electric (010120) | $509.15 Billion | 18.56% | 1.33x | $7.89 Billion |