Shin Heung Energy & Electronics Co.Ltd (243840) - Net Assets
Based on the latest financial reports, Shin Heung Energy & Electronics Co.Ltd (243840) has net assets worth ₩344.14 Billion KRW (≈ $233.22 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 (₩873.44 Billion ≈ $591.92 Million USD) and total liabilities (₩529.30 Billion ≈ $358.70 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 243840 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Shin Heung Energy & Electronics Co.Ltd total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market cap of Shin Heung Energy & Electronics Co.Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩358.40 Billion ≈ $242.88 Million |
+6.08% |
| 2023-12-31 | ₩337.87 Billion ≈ $228.97 Million |
+9.75% |
| 2022-12-31 | ₩307.84 Billion ≈ $208.62 Million |
+6.05% |
| 2021-12-31 | ₩290.29 Billion ≈ $196.73 Million |
+123.77% |
| 2020-12-31 | ₩129.73 Billion ≈ $87.91 Million |
+27.77% |
| 2019-12-31 | ₩101.53 Billion ≈ $68.81 Million |
+20.96% |
| 2018-12-31 | ₩83.94 Billion ≈ $56.89 Million |
+20.34% |
| 2017-12-31 | ₩69.76 Billion ≈ $47.27 Million |
+52.01% |
| 2016-12-31 | ₩45.89 Billion ≈ $31.10 Million |
+11.93% |
| 2015-12-31 | ₩41.00 Billion ≈ $27.78 Million |
-- |
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 |
|---|---|
|
Semperit Aktiengesellschaft Holding
VI:SEM
|
$275.68 Million |
|
Bold Eagle Acquisition Corp. Class A Ordinary Shares
NASDAQ:BEAG
|
$275.71 Million |
|
Xperi Corp
NYSE:XPER
|
$275.71 Million |
|
Xingda International Holdings Limited
F:XDH
|
$275.81 Million |
|
Repco Home Finance Limited
NSE:REPCOHOME
|
$275.64 Million |
|
The Orissa Minerals Development Company Limited
NSE:ORISSAMINE
|
$275.62 Million |
|
Prakash Industries Limited
NSE:PRAKASH
|
$275.55 Million |
|
TBS Energi Utama Tbk PT
JK:TOBA
|
$275.53 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: 1.14x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩8810.20 | ₩10550.00 | x |
| 2017-12-31 | ₩10646.95 | ₩10550.00 | x |
| 2018-12-31 | ₩12812.01 | ₩10550.00 | x |
| 2019-12-31 | ₩15448.33 | ₩10550.00 | x |
| 2020-12-31 | ₩18613.01 | ₩10550.00 | x |
| 2021-12-31 | ₩37392.95 | ₩10550.00 | x |
| 2022-12-31 | ₩39653.85 | ₩10550.00 | x |
| 2023-12-31 | ₩43406.55 | ₩10550.00 | x |
| 2024-12-31 | ₩9295.12 | ₩10550.00 | 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: $3,284,807,734,535
- Average return on equity (ROE) among peers: 2.23%
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 | $275.68 Million |
| Kumho Electric (001210) | $181.00 Billion | -26.29% | 1.63x | $38.70 Million |
| Taihan Electric Wire Co Ltd (001440) | $1.13 Trillion | 0.00% | 3.65x | $7.09 Billion |
| Posco Chemical Co Ltd (003670) | $2.61 Trillion | 1.10% | 1.43x | $15.19 Billion |
| Sebang Global Battery Co Ltd (004490) | $585.52 Billion | 16.71% | 0.32x | $589.11 Million |
| LS Corp (006260) | $1.23 Trillion | 5.22% | 1.77x | $8.51 Billion |
| Daewon Cable (006340) | $81.19 Billion | 4.37% | 1.64x | $786.10 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $81.39 Billion | 1.52% | 1.35x | $458.78 Million |
| Samsung SDI (006400) | $12.66 Trillion | 2.82% | 0.57x | $36.39 Billion |
| Samsung Sdi Co Pref (006405) | $13.36 Trillion | 4.30% | 0.61x | $345.34 Million |
| LS Electric (010120) | $926.95 Billion | 12.57% | 1.27x | $5.60 Billion |
About 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