Samick Music I
SAMICK MUSICAL INSTRUMENT Co., Ltd, together with subsidiaries, manufactures, and sells musical instruments in South Korea. It offers pianos, digital pianos and audios, DJ, guitar and bass products, ukulele, and orchestra, as well as musical instruments for teaching materials. The company also sells its products online. The company was founded in 1958 and is headquartered in Eumseong-eup, South K… Read more
Samick Music I (002450) - Total Assets
Latest total assets as of September 2025: ₩513.93 Billion KRW
Based on the latest financial reports, Samick Music I (002450) holds total assets worth ₩513.93 Billion KRW as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Samick Music I - Total Assets Trend (2000–2024)
This chart illustrates how Samick Music I’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Samick Music I - Asset Composition Analysis
Current Asset Composition (December 2024)
Samick Music I's total assets of ₩513.93 Billion consist of 35.3% current assets and 64.7% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 18.6% |
| Accounts Receivable | ₩27.05 Billion | 5.2% |
| Inventory | ₩44.45 Billion | 8.5% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩42.29 Billion | 8.1% |
| Goodwill | ₩3.57 Billion | 0.7% |
Asset Composition Trend (2000–2024)
This chart illustrates how Samick Music I's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Samick Music I's current assets represent 35.3% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 18.6% of total assets in 2024, up from 4.7% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 8.5% of total assets.
Samick Music I Competitors by Total Assets
Key competitors of Samick Music I based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
Samick Music I - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Samick Music I generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Samick Music I generates $ 0.60 in net profit.
Samick Music I - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.00 | 1.52 | 0.88 |
| Quick Ratio | 0.79 | 1.08 | 0.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩144.63 Million | ₩ 57.42 Billion | ₩ -29.41 Billion |
Samick Music I - Advanced Valuation Insights
This section examines the relationship between Samick Music I's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.32 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -1.7% |
| Total Assets | ₩524.98 Billion |
| Market Capitalization | $30.81 Million USD |
Valuation Analysis
Below Book Valuation: The market values Samick Music I's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Samick Music I's assets decreased by 1.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Samick Music I (2000–2024)
The table below shows the annual total assets of Samick Music I from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩524.98 Billion | -1.72% |
| 2023-12-31 | ₩534.16 Billion | +2.42% |
| 2022-12-31 | ₩521.56 Billion | -10.89% |
| 2021-12-31 | ₩585.30 Billion | -5.96% |
| 2020-12-31 | ₩622.37 Billion | +1.55% |
| 2019-12-31 | ₩612.85 Billion | +3.11% |
| 2018-12-31 | ₩594.36 Billion | -0.91% |
| 2017-12-31 | ₩599.79 Billion | +44.87% |
| 2016-12-31 | ₩414.02 Billion | +1.36% |
| 2015-12-31 | ₩408.47 Billion | +7.82% |
| 2014-12-31 | ₩378.84 Billion | +9.88% |
| 2013-12-31 | ₩344.77 Billion | +6.75% |
| 2012-12-31 | ₩322.97 Billion | -8.20% |
| 2011-12-31 | ₩351.81 Billion | +16.11% |
| 2010-12-31 | ₩302.99 Billion | +11.40% |
| 2009-12-31 | ₩271.98 Billion | +3.22% |
| 2008-12-31 | ₩263.49 Billion | +24.85% |
| 2007-12-31 | ₩211.04 Billion | +5.59% |
| 2006-12-31 | ₩199.86 Billion | -8.82% |
| 2005-12-31 | ₩219.19 Billion | -19.86% |
| 2004-12-31 | ₩273.53 Billion | -3.22% |
| 2003-12-31 | ₩282.63 Billion | -7.06% |
| 2002-12-31 | ₩304.11 Billion | -5.60% |
| 2001-12-31 | ₩322.16 Billion | -4.40% |
| 2000-12-31 | ₩336.99 Billion | -- |