SungEel HiTech Co. Ltd.
SungEel HiTech Co., Ltd. operates as a secondary battery recycling company in South Korea. The company offers battery scrap, EV pack, and modules turn in to battery powder processing through discharging, dismantling, and separating; and produces high purity battery materials, such as nickel sulfate, cobalt sulfate, lithium carbonate, manganese sulfate, electrolytic nickel, electrolytic copper, an… Read more
SungEel HiTech Co. Ltd. (365340) - Net Assets
Latest net assets as of September 2025: ₩166.63 Billion KRW
Based on the latest financial reports, SungEel HiTech Co. Ltd. (365340) has net assets worth ₩166.63 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 (₩708.99 Billion) and total liabilities (₩542.36 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 | ₩166.63 Billion |
| % of Total Assets | 23.5% |
| Annual Growth Rate | 63.03% |
| 5-Year Change | 1194.71% |
| 10-Year Change | N/A |
| Growth Volatility | 209.97 |
SungEel HiTech Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how SungEel HiTech 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 SungEel HiTech Co. Ltd. (2019–2024)
The table below shows the annual net assets of SungEel HiTech Co. Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩224.81 Billion | -27.29% |
| 2023-12-31 | ₩309.19 Billion | +6.13% |
| 2022-12-31 | ₩291.34 Billion | +166.77% |
| 2021-12-31 | ₩109.21 Billion | +528.95% |
| 2020-12-31 | ₩17.36 Billion | -10.95% |
| 2019-12-31 | ₩19.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SungEel HiTech 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 1769.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩6.07 Billion | 2.99% |
| Other Components | ₩251.91 Billion | 123.83% |
| Total Equity | ₩203.44 Billion | 100.00% |
SungEel HiTech Co. Ltd. Competitors by Market Cap
The table below lists competitors of SungEel HiTech Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
i-Tail Corp. PCL
BK:ITC
|
$243.51 Million |
|
init innovation in traffic systems SE
F:IXX
|
$243.52 Million |
|
ADVA Optical Networking SE
PINK:ADVOF
|
$243.68 Million |
|
Tristel PLC
PINK:TSNLF
|
$243.69 Million |
|
Sopharma AD
WAR:SPH
|
$243.42 Million |
|
Lyell Immunopharma Inc
NASDAQ:LYEL
|
$243.38 Million |
|
FS Bancorp Inc
NASDAQ:FSBW
|
$243.37 Million |
|
Lootom Telcovideo Network Wuxi Co Ltd
SHE:300555
|
$243.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SungEel HiTech Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 309,191,525,090 to 203,437,298,880, a change of -105,754,226,210 (-34.2%).
- Net loss of 110,122,647,690 reduced equity.
- Share repurchases of 10,173,909,040 reduced equity.
- New share issuances of 2,054,632,230 increased equity.
- Other factors increased equity by 12,487,698,290.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-110.12 Billion | -54.13% |
| Share Repurchases | ₩10.17 Billion | -5.0% |
| Share Issuances | ₩2.05 Billion | +1.01% |
| Other Changes | ₩12.49 Billion | +6.14% |
| Total Change | ₩- | -34.20% |
Book Value vs Market Value Analysis
This analysis compares SungEel HiTech 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: 3.61x
- 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 27.69x to 3.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₩2185.06 | ₩60500.00 | x |
| 2020-12-31 | ₩1945.82 | ₩60500.00 | x |
| 2021-12-31 | ₩12238.20 | ₩60500.00 | x |
| 2022-12-31 | ₩24421.33 | ₩60500.00 | x |
| 2023-12-31 | ₩25675.18 | ₩60500.00 | x |
| 2024-12-31 | ₩16761.27 | ₩60500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SungEel HiTech 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): -54.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -80.84%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 3.34x
- Recent ROE (-54.13%) is below the historical average (-22.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -75.15% | -29.65% | 0.47x | 5.35x | ₩-16.60 Billion |
| 2020 | -17.24% | -4.54% | 0.45x | 8.35x | ₩-4.73 Billion |
| 2021 | -8.05% | -5.97% | 0.74x | 1.83x | ₩-19.71 Billion |
| 2022 | 13.49% | 14.56% | 0.64x | 1.44x | ₩10.16 Billion |
| 2023 | 8.02% | 10.02% | 0.43x | 1.86x | ₩-6.12 Billion |
| 2024 | -54.13% | -80.84% | 0.20x | 3.34x | ₩-130.47 Billion |
Industry Comparison
This section compares SungEel HiTech 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: $2,899,206,526,473
- Average return on equity (ROE) among peers: 5.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SungEel HiTech Co. Ltd. (365340) | ₩166.63 Billion | -75.15% | 3.25x | $243.49 Million |
| Kumho Electric (001210) | $302.39 Billion | 8.90% | 0.83x | $23.46 Million |
| Taihan Electric Wire Co Ltd (001440) | $337.98 Billion | -12.84% | 2.95x | $2.22 Billion |
| Posco Chemical Co Ltd (003670) | $569.40 Billion | 7.67% | 0.27x | $5.11 Billion |
| Sebang Global Battery Co Ltd (004490) | $1.34 Trillion | 8.71% | 0.37x | $224.88 Million |
| LS Corp (006260) | $5.55 Trillion | 8.13% | 2.03x | $3.29 Billion |
| Daewon Cable (006340) | $71.51 Billion | 3.38% | 2.01x | $202.85 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $81.39 Billion | 1.52% | 1.35x | $70.84 Million |
| Samsung SDI (006400) | $4.70 Trillion | 4.93% | 0.43x | $16.74 Billion |
| Samsung Sdi Co Pref (006405) | $15.20 Trillion | 7.70% | 0.70x | $7.55 Billion |
| LS Electric (010120) | $837.54 Billion | 11.98% | 1.41x | $8.74 Billion |