Shin Poong Pap (002870) - Total Assets
Based on the latest financial reports, Shin Poong Pap (002870) holds total assets worth ₩76.69 Billion KRW (≈ $51.97 Million USD) 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. Check Shin Poong Pap (002870) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Shin Poong Pap - Total Assets Trend (2011–2024)
This chart illustrates how Shin Poong Pap's total assets have evolved over time, based on quarterly financial data. Explore Shin Poong Pap long-term investment intensity to see how much of total assets are deployed in long-term investments.
Shin Poong Pap - Asset Composition Analysis
Current Asset Composition (December 2024)
Shin Poong Pap's total assets of ₩76.69 Billion consist of 68.0% current assets and 32.1% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 8.8% |
| Accounts Receivable | ₩4.61 Billion | 6.1% |
| Inventory | ₩6.69 Billion | 8.9% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩0.00 | 0.0% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Shin Poong Pap'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. For live market cap, price, and company overview, see 002870 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shin Poong Pap's current assets represent 68.0% of total assets in 2024, an increase from 0.0% in 2011.
- Cash Position: Cash and equivalents constituted 8.8% of total assets in 2024, up from 2.5% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 8.9% of total assets.
Shin Poong Pap Competitors by Total Assets
Key competitors of Shin Poong Pap based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
International Paper
NYSE:IP
|
USA | $36.43 Billion |
|
Jiamei Food Packaging Chuzhou Co
SHE:002969
|
China | CN¥4.39 Billion |
|
Verallia
PA:VRLA
|
France | €4.45 Billion |
|
Shanghai Baosteel Packaging
SHG:601968
|
China | CN¥9.91 Billion |
|
Zhuhai Zhongfu Enterprise Co Ltd
SHE:000659
|
China | CN¥1.85 Billion |
|
Rongsheng Paper
SHG:603165
|
China | CN¥4.73 Billion |
|
Shandong Xinjufeng Technology Packaging Co. Ltd. A
SHE:301296
|
China | CN¥5.91 Billion |
|
Guangdong Tengen Industrial Group C
SHE:003003
|
China | CN¥1.79 Billion |
Shin Poong Pap - 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 | 17.52 | 16.55 | 12.10 |
| Quick Ratio | 15.17 | 14.50 | 10.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩45.50 Billion | ₩50.18 Billion | ₩60.61 Billion |
Shin Poong Pap - Advanced Valuation Insights
This section examines the relationship between Shin Poong Pap'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 | 0.41 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -27.7% |
| Total Assets | ₩75.32 Billion |
| Market Capitalization | $17.01 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shin Poong Pap's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Shin Poong Pap's assets decreased by 27.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Shin Poong Pap (2011–2024)
The table below shows the annual total assets of Shin Poong Pap from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩75.32 Billion ≈ $51.04 Million |
-27.71% |
| 2023-12-31 | ₩104.19 Billion ≈ $70.61 Million |
-7.32% |
| 2022-12-31 | ₩112.42 Billion ≈ $76.18 Million |
+19.75% |
| 2021-12-31 | ₩93.87 Billion ≈ $63.62 Million |
-12.88% |
| 2020-12-31 | ₩107.75 Billion ≈ $73.02 Million |
-41.96% |
| 2019-12-31 | ₩185.65 Billion ≈ $125.81 Million |
+10.98% |
| 2018-12-31 | ₩167.28 Billion ≈ $113.37 Million |
+8.99% |
| 2017-12-31 | ₩153.48 Billion ≈ $104.01 Million |
+4.59% |
| 2016-12-31 | ₩146.75 Billion ≈ $99.45 Million |
+0.74% |
| 2015-12-31 | ₩145.67 Billion ≈ $98.72 Million |
-16.05% |
| 2014-12-31 | ₩173.52 Billion ≈ $117.59 Million |
-11.63% |
| 2013-12-31 | ₩196.35 Billion ≈ $133.07 Million |
+7.23% |
| 2012-12-31 | ₩183.11 Billion ≈ $124.09 Million |
+4.93% |
| 2011-12-31 | ₩174.51 Billion ≈ $118.26 Million |
-- |
About Shin Poong Pap
Shinpoong Paper Mfg. Co., Ltd produces and sells paper products. It offers duplex board products that are used for packaging foods, electronic products, tissues, cleansers, and toys. Shinpoong Paper Mfg. Co., Ltd was founded in 1960 and is headquartered in Pyeongtaek-Si, South Korea.