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 ₩364.24 Billion KRW (≈ $246.84 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩909.72 Billion ≈ $616.50 Million USD) and total liabilities (₩545.48 Billion ≈ $369.67 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 how tangible is Shin Heung Energy & Electronics Co.Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩364.24 Billion |
| % of Total Assets | 40.04% |
| Annual Growth Rate | 24.05% |
| 5-Year Change | 21.92% |
| 10-Year Change | 671.26% |
| Growth Volatility | 35.02 |
Shin Heung Energy & Electronics Co.Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Shin Heung Energy & Electronics Co.Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Shin Heung Energy & Electronics Co.Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shin Heung Energy & Electronics Co.Ltd (2015–2025)
The table below shows the annual net assets of Shin Heung Energy & Electronics Co.Ltd from 2015 to 2025. For live valuation and market cap data, see market cap of Shin Heung Energy & Electronics Co.Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩353.91 Billion ≈ $239.84 Million |
-1.25% |
| 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 |
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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 515.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩149.38 Billion | 42.21% |
| Other Components | ₩204.53 Billion | 57.79% |
| Total Equity | ₩353.91 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 |
|---|---|
|
Graphisoft Park SE Real Estate Development European Company Limited
F:GUV
|
$163.84 Million |
|
Athens Medical C.S.A.
AT:IATR
|
$163.93 Million |
|
A Plus Asset Advisor Co Ltd
KO:244920
|
$163.93 Million |
|
Stellar V Capital Corp. Class A Ordinary Shares
NASDAQ:SVCC
|
$163.95 Million |
|
Generation Mining Ltd
TO:GENM
|
$163.81 Million |
|
Ellington Residential Mortgage
NYSE:EARN
|
$163.80 Million |
|
Fursys
KO:016800
|
$163.74 Million |
|
Argo Pantes Tbk
JK:ARGO
|
$163.68 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 2024 to 2025, total equity changed from 358,403,579,060 to 353,910,956,450, a change of -4,492,622,610 (-1.3%).
- Net loss of 5,812,630,390 reduced equity.
- Dividend payments of 2,986,610,550 reduced retained earnings.
- Other factors increased equity by 4,306,618,330.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-5.81 Billion | -1.64% |
| Dividends Paid | ₩2.99 Billion | -0.84% |
| Other Changes | ₩4.31 Billion | +1.22% |
| Total Change | ₩- | -1.25% |
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: 0.68x
- 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 | ₩6270.00 | x |
| 2017-12-31 | ₩10646.95 | ₩6270.00 | x |
| 2018-12-31 | ₩12812.01 | ₩6270.00 | x |
| 2019-12-31 | ₩15448.33 | ₩6270.00 | x |
| 2020-12-31 | ₩18613.01 | ₩6270.00 | x |
| 2021-12-31 | ₩37392.95 | ₩6270.00 | x |
| 2022-12-31 | ₩39653.85 | ₩6270.00 | x |
| 2023-12-31 | ₩43406.55 | ₩6270.00 | x |
| 2024-12-31 | ₩9295.12 | ₩6270.00 | x |
| 2025-12-31 | ₩9178.61 | ₩6270.00 | 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): -1.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.42%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.48x
- Recent ROE (-1.64%) is below the historical average (8.33%), 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 |
| 2025 | -1.64% | -1.42% | 0.47x | 2.48x | ₩-41.20 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: $2,328,808,396,908
- Average return on equity (ROE) among peers: 5.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shin Heung Energy & Electronics Co.Ltd (243840) | ₩364.24 Billion | 3.06% | 1.50x | $163.84 Million |
| Kumho Electric (001210) | $216.26 Billion | 0.00% | 1.36x | $21.67 Million |
| Taihan Electric Wire Co Ltd (001440) | $953.29 Billion | 7.41% | 0.97x | $5.18 Billion |
| Posco Chemical Co Ltd (003670) | $538.22 Billion | 6.42% | 0.33x | $12.63 Billion |
| Sebang Global Battery Co Ltd (004490) | $1.14 Trillion | 5.83% | 0.33x | $576.32 Million |
| LS Corp (006260) | $1.63 Trillion | 6.64% | 1.67x | $8.14 Billion |
| Daewon Cable (006340) | $40.10 Billion | 0.00% | 1.08x | $644.03 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $81.19 Billion | 4.37% | 1.64x | $724.64 Million |
| Samsung SDI (006400) | $7.56 Trillion | 19.42% | 0.44x | $28.79 Billion |
| Samsung Sdi Co Pref (006405) | $10.96 Trillion | 2.00% | 0.36x | $241.44 Million |
| LS Electric (010120) | $161.33 Billion | 2.47% | 4.97x | $5.13 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