415380
Studio Samick Co., Ltd. manufactures and sells furniture and related accessories in South Korea. It also offers furniture-related raw and subsidiary materials. The company sells its products through stores and online. The company was founded in 2017 and is headquartered in Seoul, South Korea.
415380 (415380) - Net Assets
Latest net assets as of March 2025: ₩34.78 Billion KRW
Based on the latest financial reports, 415380 (415380) has net assets worth ₩34.78 Billion KRW as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩45.98 Billion) and total liabilities (₩11.20 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 | ₩34.78 Billion |
| % of Total Assets | 75.65% |
| Annual Growth Rate | 16.22% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 0.01 |
415380 - Net Assets Trend (2021–2023)
This chart illustrates how 415380's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for 415380 (2021–2023)
The table below shows the annual net assets of 415380 from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ₩19.45 Billion | +16.21% |
| 2022-12-31 | ₩16.74 Billion | +16.19% |
| 2021-12-31 | ₩14.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to 415380'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 42.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩13.81 Billion | 71.03% |
| Common Stock | ₩1.67 Billion | 8.61% |
| Other Components | ₩3.96 Billion | 20.36% |
| Total Equity | ₩19.45 Billion | 100.00% |
415380 Competitors by Market Cap
The table below lists competitors of 415380 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KENTIMA HOLDING AB B
F:3K8
|
$2.78 Million |
|
SPEAR Investments I B.V.
AS:QEV
|
$2.78 Million |
|
New Talisman Gold Mines Ltd
AU:NTL
|
$2.78 Million |
|
Gould Investors L.P
PINK:GDVTZ
|
$2.78 Million |
|
Interbud-Lublin SA
WAR:ITB
|
$2.77 Million |
|
SecMark Consultancy Limited
NSE:SECMARK
|
$2.77 Million |
|
CIENA (CIE1.SG)
STU:CIE1
|
$2.77 Million |
|
Txcom SA
PA:ALTXC
|
$2.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 415380's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 16,736,092,050 to 19,449,489,300, a change of 2,713,397,250 (16.2%).
- Net income of 2,172,911,090 contributed positively to equity growth.
- Other factors increased equity by 540,486,160.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.17 Billion | +11.17% |
| Other Changes | ₩540.49 Million | +2.78% |
| Total Change | ₩- | 16.21% |
Book Value vs Market Value Analysis
This analysis compares 415380'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: 0.44x
- 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.
- The price-to-book ratio has decreased from 0.59x to 0.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | ₩3408.73 | ₩2020.00 | x |
| 2022-12-31 | ₩3960.74 | ₩2020.00 | x |
| 2023-12-31 | ₩4602.88 | ₩2020.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 415380 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): 11.17%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.28%
- • Asset Turnover: 2.97x
- • Equity Multiplier: 1.65x
- Recent ROE (11.17%) is below the historical average (11.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 11.50% | 2.22% | 3.00x | 1.72x | ₩251.66 Million |
| 2023 | 11.17% | 2.28% | 2.97x | 1.65x | ₩227.96 Million |
Industry Comparison
This section compares 415380's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $298,703,019,364
- Average return on equity (ROE) among peers: 11.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 415380 (415380) | ₩34.78 Billion | 11.50% | 0.32x | $2.77 Million |
| Shinil Electronics Co (002700) | $75.27 Billion | 10.65% | 0.47x | $56.49 Million |
| Ace Bed Company Limited (003800) | $614.67 Billion | 8.85% | 0.12x | $39.92 Million |
| Hankook Furniture Co. Ltd (004590) | $67.32 Billion | 4.08% | 0.23x | $17.43 Million |
| Hanssem (009240) | $137.06 Billion | 14.26% | 1.09x | $185.54 Million |
| Enex Co.Ltd (011090) | $54.07 Billion | 9.90% | 1.32x | $13.13 Million |
| Zinus Inc (013890) | $176.25 Billion | 24.74% | 1.92x | $98.95 Million |
| Fursys (016800) | $574.01 Billion | 8.31% | 0.12x | $75.48 Million |
| COWAY Co. Ltd (021240) | $1.08 Trillion | 30.91% | 1.65x | $2.66 Billion |
| PN Poong Nyun Co. Ltd (024940) | $49.28 Billion | 3.22% | 0.15x | $18.64 Million |
| Hansol Homedec (025750) | $161.92 Billion | 4.75% | 1.11x | $16.91 Million |