Sungshin Cement Co Ltd (004985) — Tangible Net Worth Ratio
Sungshin Cement Co Ltd (004985) has a Tangible Net Worth Ratio of 96.4% as of September 2025. This metric is calculated by deducting intangible assets (₩21.00 Billion) from net assets (₩579.26 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Sungshin Cement Co Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Sungshin Cement Co Ltd Tangible Net Worth Ratio (2014–2024)
This chart shows how Sungshin Cement Co Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 96.4%, reflecting net assets of ₩579.26 Billion with intangible assets of ₩21.00 Billion KRW. See 004985 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Sungshin Cement Co Ltd (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Sungshin Cement Co Ltd from 2014 to 2024, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Sungshin Cement Co Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (KRW) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 96.3% | ₩575.00 Billion | ₩21.31 Billion | ₩1.37 Trillion | ▲ +1.0 pp |
| 2023 | 95.3% | ₩538.02 Billion | ₩25.20 Billion | ₩1.31 Trillion | ▲ +0.1 pp |
| 2022 | 95.2% | ₩396.21 Billion | ₩19.07 Billion | ₩1.19 Trillion | ▼ -0.4 pp |
| 2021 | 95.6% | ₩414.01 Billion | ₩18.30 Billion | ₩1.12 Trillion | ▼ -0.5 pp |
| 2020 | 96.0% | ₩407.42 Billion | ₩16.18 Billion | ₩1.09 Trillion | ▲ +0.3 pp |
| 2019 | 95.7% | ₩400.26 Billion | ₩17.18 Billion | ₩1.03 Trillion | ▲ +0.5 pp |
| 2018 | 95.2% | ₩386.88 Billion | ₩18.71 Billion | ₩1.06 Trillion | ▲ +0.5 pp |
| 2017 | 94.7% | ₩373.83 Billion | ₩19.81 Billion | ₩1.02 Trillion | ▲ +1.7 pp |
| 2016 | 93.0% | ₩317.75 Billion | ₩22.13 Billion | ₩1.02 Trillion | ▲ +0.7 pp |
| 2015 | 92.3% | ₩305.31 Billion | ₩23.43 Billion | ₩1.07 Trillion | ▼ -0.5 pp |
| 2014 | 92.8% | ₩346.64 Billion | ₩24.95 Billion | ₩1.12 Trillion | — |