Sukgyung AT Co. Ltd. (357550) - Net Assets
Based on the latest financial reports, Sukgyung AT Co. Ltd. (357550) has net assets worth ₩42.78 Billion KRW (≈ $28.99 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 (₩53.25 Billion ≈ $36.08 Million USD) and total liabilities (₩10.47 Billion ≈ $7.09 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 357550 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩42.78 Billion |
| % of Total Assets | 80.34% |
| Annual Growth Rate | 28.28% |
| 5-Year Change | 91.83% |
| 10-Year Change | N/A |
| Growth Volatility | 33.86 |
Sukgyung AT Co. Ltd. - Net Assets Trend (2018–2024)
This chart illustrates how Sukgyung AT Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. See Sukgyung AT Co. Ltd. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sukgyung AT Co. Ltd. (2018–2024)
The table below shows the annual net assets of Sukgyung AT Co. Ltd. from 2018 to 2024. For live valuation and market cap data, see Sukgyung AT Co. Ltd. (357550) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩39.84 Billion ≈ $27.00 Million |
+10.54% |
| 2023-12-31 | ₩36.04 Billion ≈ $24.42 Million |
+21.29% |
| 2022-12-31 | ₩29.71 Billion ≈ $20.14 Million |
+24.78% |
| 2021-12-31 | ₩23.81 Billion ≈ $16.14 Million |
+14.66% |
| 2020-12-31 | ₩20.77 Billion ≈ $14.07 Million |
+106.63% |
| 2019-12-31 | ₩10.05 Billion ≈ $6.81 Million |
+12.46% |
| 2018-12-31 | ₩8.94 Billion ≈ $6.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sukgyung AT 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 283.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩22.63 Billion | 56.80% |
| Common Stock | ₩2.73 Billion | 6.85% |
| Other Components | ₩14.48 Billion | 36.35% |
| Total Equity | ₩39.84 Billion | 100.00% |
Sukgyung AT Co. Ltd. Competitors by Market Cap
The table below lists competitors of Sukgyung AT Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Baby Bunting Group Ltd
AU:BBN
|
$159.51 Million |
|
LBS Bina Group Bhd
KLSE:5789
|
$159.58 Million |
|
Chaman Lal Setia Exports Limited
NSE:CLSEL
|
$159.61 Million |
|
Michman Basad Ltd
TA:MCMN
|
$159.67 Million |
|
The E&M Co. Ltd
KQ:089230
|
$159.37 Million |
|
Nordfyns Bank A/S
CO:NRDF
|
$159.36 Million |
|
Coveo Solutions Inc
TO:CVO
|
$159.35 Million |
|
Sonadezi Chau Duc Shareholding Co
VN:SZC
|
$159.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sukgyung AT Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,038,751,120 to 39,838,347,800, a change of 3,799,596,680 (10.5%).
- Net income of 4,335,629,590 contributed positively to equity growth.
- Share repurchases of 999,953,600 reduced equity.
- Other factors increased equity by 463,920,690.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩4.34 Billion | +10.88% |
| Share Repurchases | ₩999.95 Million | -2.51% |
| Other Changes | ₩463.92 Million | +1.16% |
| Total Change | ₩- | 10.54% |
Book Value vs Market Value Analysis
This analysis compares Sukgyung AT 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: 5.91x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 26.43x to 5.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ₩1638.23 | ₩43300.00 | x |
| 2019-12-31 | ₩1842.43 | ₩43300.00 | x |
| 2020-12-31 | ₩3806.98 | ₩43300.00 | x |
| 2021-12-31 | ₩4365.16 | ₩43300.00 | x |
| 2022-12-31 | ₩5512.12 | ₩43300.00 | x |
| 2023-12-31 | ₩6606.55 | ₩43300.00 | x |
| 2024-12-31 | ₩7324.57 | ₩43300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sukgyung AT 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): 10.88%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.38%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.24x
- Recent ROE (10.88%) is above the historical average (9.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 4.14% | 6.68% | 0.30x | 2.07x | ₩-524.12 Million |
| 2019 | 11.05% | 17.35% | 0.33x | 1.94x | ₩105.94 Million |
| 2020 | 4.92% | 15.20% | 0.25x | 1.30x | ₩-1.05 Billion |
| 2021 | 13.03% | 34.24% | 0.34x | 1.12x | ₩721.18 Million |
| 2022 | 14.45% | 34.77% | 0.37x | 1.12x | ₩1.32 Billion |
| 2023 | 9.58% | 28.30% | 0.30x | 1.12x | ₩-152.64 Million |
| 2024 | 10.88% | 31.38% | 0.28x | 1.24x | ₩351.79 Million |
Industry Comparison
This section compares Sukgyung AT Co. Ltd.'s net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $857,047,833,272
- Average return on equity (ROE) among peers: 6.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sukgyung AT Co. Ltd. (357550) | ₩42.78 Billion | 4.14% | 0.24x | $159.44 Million |
| DL Holdings CO. LTD. (000210) | $1.84 Trillion | 11.74% | 1.01x | $743.27 Million |
| DL Holdings Co Ltd Preferred (000215) | $4.53 Trillion | 19.10% | 0.84x | $26.71 Million |
| Norooholdings (000320) | $577.52 Billion | 7.38% | 0.71x | $124.67 Million |
| Noroo Holdings Co Ltd (000325) | $439.84 Billion | 5.41% | 1.05x | $4.45 Million |
| Samhwa Paint (000390) | $292.41 Billion | 0.67% | 0.85x | $110.32 Million |
| Kangnam Jevisco Co Ltd (000860) | $208.80 Billion | 9.05% | 0.39x | $114.97 Million |
| Paik Kwang Ind (001340) | $177.23 Billion | 5.72% | 0.82x | $174.73 Million |
| Bo Lak (002760) | $40.01 Billion | -0.43% | 0.24x | $38.36 Million |
| Songwon Industrial (004430) | $286.72 Billion | 7.18% | 2.01x | $165.41 Million |
| Cho Kwang Pain (004910) | $172.73 Billion | -1.34% | 0.81x | $25.59 Million |
About Sukgyung AT Co. Ltd.
Sukgyung AT Co., Ltd. develops and manufactures inorganic powders in fine and dispersion forms in South Korea. Its products include ytterbium fluoride, ba glass, sr glass, composites, dental cement, spherical ba glass, zirconium silicate, hydroxyapatite, titanium dioxide series, zinc oxide, micron spherical silicon dioxide, tricalcium phosphate, dicalcium phosphate dehydrate, colloidal silver; la… Read more