SG Co. Ltd (255220) - Net Assets
Based on the latest financial reports, SG Co. Ltd (255220) has net assets worth ₩95.73 Billion KRW (≈ $64.88 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 (₩219.84 Billion ≈ $148.98 Million USD) and total liabilities (₩124.11 Billion ≈ $84.11 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 financial resilience of SG Co. Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩95.73 Billion |
| % of Total Assets | 43.55% |
| Annual Growth Rate | 20.8% |
| 5-Year Change | 29.07% |
| 10-Year Change | N/A |
| Growth Volatility | 33.35 |
SG Co. Ltd - Net Assets Trend (2015–2024)
This chart illustrates how SG Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of SG Co. Ltd for the complete picture of this company's asset base.
Annual Net Assets for SG Co. Ltd (2015–2024)
The table below shows the annual net assets of SG Co. Ltd from 2015 to 2024. For live valuation and market cap data, see SG Co. Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩89.77 Billion ≈ $60.84 Million |
+75.15% |
| 2023-12-31 | ₩51.25 Billion ≈ $34.73 Million |
-31.02% |
| 2022-12-31 | ₩74.30 Billion ≈ $50.35 Million |
+11.83% |
| 2021-12-31 | ₩66.44 Billion ≈ $45.03 Million |
-4.48% |
| 2020-12-31 | ₩69.55 Billion ≈ $47.14 Million |
-1.57% |
| 2019-12-31 | ₩70.66 Billion ≈ $47.89 Million |
+18.73% |
| 2018-12-31 | ₩59.52 Billion ≈ $40.33 Million |
+61.00% |
| 2017-12-31 | ₩36.97 Billion ≈ $25.05 Million |
+48.98% |
| 2016-12-31 | ₩24.81 Billion ≈ $16.82 Million |
+51.50% |
| 2015-12-31 | ₩16.38 Billion ≈ $11.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SG 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 decreased by 217.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩9.70 Billion | 10.81% |
| Other Components | ₩96.81 Billion | 107.83% |
| Total Equity | ₩89.77 Billion | 100.00% |
SG Co. Ltd Competitors by Market Cap
The table below lists competitors of SG Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paramount Corporation Bhd
KLSE:1724
|
$157.92 Million |
|
Niko Semiconductor Co Ltd
TWO:3317
|
$157.94 Million |
|
Cadence Capital Ltd
AU:CDM
|
$158.02 Million |
|
Thong Guan Industries Bhd
KLSE:7034
|
$158.07 Million |
|
Kt Skylife
KO:053210
|
$157.86 Million |
|
Bioneer Corporation
KQ:064550
|
$157.84 Million |
|
CLIO Cosmetics Co.Ltd
KQ:237880
|
$157.83 Million |
|
Bank Bumi Arta Tbk
JK:BNBA
|
$157.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SG Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 50,317,294,660 to 89,772,506,990, a change of 39,455,212,330 (78.4%).
- Net loss of 35,658,895,620 reduced equity.
- Share repurchases of 33,642,067,760 reduced equity.
- New share issuances of 38,643,113,940 increased equity.
- Other factors increased equity by 70,113,061,770.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-35.66 Billion | -39.72% |
| Share Repurchases | ₩33.64 Billion | -37.47% |
| Share Issuances | ₩38.64 Billion | +43.05% |
| Other Changes | ₩70.11 Billion | +78.1% |
| Total Change | ₩- | 78.41% |
Book Value vs Market Value Analysis
This analysis compares SG 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: 2.55x
- 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 3.20x to 2.55x 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 | ₩827.08 | ₩2645.00 | x |
| 2017-12-31 | ₩1232.22 | ₩2645.00 | x |
| 2018-12-31 | ₩1688.20 | ₩2645.00 | x |
| 2019-12-31 | ₩1964.76 | ₩2645.00 | x |
| 2020-12-31 | ₩2179.52 | ₩2645.00 | x |
| 2021-12-31 | ₩1839.28 | ₩2645.00 | x |
| 2022-12-31 | ₩1979.82 | ₩2645.00 | x |
| 2023-12-31 | ₩1340.77 | ₩2645.00 | x |
| 2024-12-31 | ₩1038.49 | ₩2645.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SG 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): -39.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -29.98%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.59x
- Recent ROE (-39.72%) is below the historical average (3.67%), 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 | 50.22% | 12.68% | 0.98x | 4.05x | ₩6.59 Billion |
| 2016 | 36.29% | 9.62% | 1.13x | 3.35x | ₩6.52 Billion |
| 2017 | 32.55% | 9.54% | 1.03x | 3.32x | ₩8.34 Billion |
| 2018 | 17.30% | 7.24% | 0.71x | 3.36x | ₩4.35 Billion |
| 2019 | 14.42% | 7.67% | 0.58x | 3.23x | ₩3.12 Billion |
| 2020 | -1.10% | -0.59% | 0.56x | 3.35x | ₩-7.72 Billion |
| 2021 | -18.23% | -17.28% | 0.31x | 3.46x | ₩-18.76 Billion |
| 2022 | 4.05% | 3.35% | 0.46x | 2.60x | ₩-4.42 Billion |
| 2023 | -59.08% | -36.74% | 0.43x | 3.74x | ₩-34.76 Billion |
| 2024 | -39.72% | -29.98% | 0.51x | 2.59x | ₩-44.64 Billion |
Industry Comparison
This section compares SG Co. Ltd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $626,674,072,287
- Average return on equity (ROE) among peers: 8.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SG Co. Ltd (255220) | ₩95.73 Billion | 50.22% | 1.30x | $157.88 Million |
| Chosun Refractories Co Ltd (000480) | $300.75 Billion | 8.35% | 1.02x | $143.15 Million |
| Union Corporation (000910) | $193.58 Billion | 2.80% | 0.36x | $47.82 Million |
| Tongyang (001520) | $705.18 Billion | -10.53% | 0.87x | $103.42 Million |
| Tongyang Inc (001525) | $862.69 Billion | 2.82% | 0.16x | $613.90 Million |
| Tongyang Inc (001527) | $959.98 Billion | 64.90% | 0.23x | $1.23 Million |
| Asia Cement (002030) | $1.15 Trillion | 3.15% | 0.43x | $299.50 Million |
| Hanil Cement Co Ltd (003300) | $1.74 Trillion | 0.79% | 0.89x | $366.69 Million |
| Korea Petroleum Industries Co (004090) | $25.06 Billion | 4.60% | 2.10x | $137.42 Million |
| Samil C&S Co Ltd (004440) | $277.03 Billion | -1.16% | 0.27x | $70.92 Million |
| TWay Holdings (004870) | $49.15 Billion | 6.69% | 2.57x | $21.17 Million |
About SG Co. Ltd
SG Co.,Ltd produces and sells asphalt concrete and ready-mixed concrete in South Korea. Its asphalt concrete products are used in road pavement, parking lot, etc. The company was founded in 2009 and is headquartered in Incheon, South Korea.