Socar Inc. (403550) — Tangible Net Worth Ratio
Socar Inc. (403550) has a Tangible Net Worth Ratio of 92.3% as of September 2025. This metric is calculated by deducting intangible assets (₩13.69 Billion) from net assets (₩178.61 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 shareholders equity of Socar Inc. for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Socar Inc. Tangible Net Worth Ratio (2020–2024)
This chart shows how Socar Inc.'s Tangible Net Worth Ratio has changed across 5 annual periods from 2020 to 2024. As of September 2025, the ratio stands at 92.3%, reflecting net assets of ₩178.61 Billion with intangible assets of ₩13.69 Billion KRW. Also explore Socar Inc. (403550) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Socar Inc. (2020–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Socar Inc. from 2020 to 2024, covering 5 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 how much is Socar Inc. worth.
| Year | Tangible NW Ratio | Net Assets (KRW) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 93.6% | ₩183.47 Billion | ₩11.69 Billion | ₩631.52 Billion | ▼ -1.4 pp |
| 2023 | 95.0% | ₩211.74 Billion | ₩10.54 Billion | ₩679.02 Billion | ▼ -1.0 pp |
| 2022 | 96.0% | ₩247.58 Billion | ₩9.88 Billion | ₩585.71 Billion | ▼ -1.4 pp |
| 2021 | 97.4% | ₩150.91 Billion | ₩3.91 Billion | ₩433.19 Billion | ▲ +0.4 pp |
| 2020 | 97.0% | ₩31.70 Billion | ₩963.38 Million | ₩271.58 Billion | — |