Sangsin Brake
Sangsin Brake Co., Ltd., together with its subsidiaries, manufactures and sells brake friction materials in South Korea, China, India, the United States, Mexico, and Brazil. The company offers brake pads, brake shoe assemblies, brake assemblies, brake linings, rail brakes, retarders, brake systems, tuning parts, yaw brakes, brake discs and drums, and brake parts under the HI-Q, HAGEN, HARDRON, an… Read more
Sangsin Brake (041650) - Total Assets
Latest total assets as of September 2025: ₩549.74 Billion KRW
Based on the latest financial reports, Sangsin Brake (041650) holds total assets worth ₩549.74 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.
Sangsin Brake - Total Assets Trend (2006–2024)
This chart illustrates how Sangsin Brake’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sangsin Brake - Asset Composition Analysis
Current Asset Composition (December 2024)
Sangsin Brake's total assets of ₩549.74 Billion consist of 64.8% current assets and 35.2% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 4.5% |
| Accounts Receivable | ₩167.73 Billion | 28.4% |
| Inventory | ₩154.23 Billion | 26.1% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩3.03 Billion | 0.5% |
| Goodwill | ₩147.09 Million | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Sangsin Brake'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: Sangsin Brake's current assets represent 64.8% of total assets in 2024, an increase from 0.0% in 2006.
- Cash Position: Cash and equivalents constituted 4.5% of total assets in 2024, up from 3.3% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 28.4% of total assets.
Sangsin Brake Competitors by Total Assets
Key competitors of Sangsin Brake based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Sangsin Brake - 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
Strong asset utilization - Sangsin Brake generates 0.98x 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, Sangsin Brake generates $ 2.75 in net profit.
Sangsin Brake - 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 | 1.14 | 1.15 | 1.18 |
| Quick Ratio | 0.69 | 0.68 | 0.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩43.15 Billion | ₩ 45.70 Billion | ₩ 38.68 Billion |
Sangsin Brake - Advanced Valuation Insights
This section examines the relationship between Sangsin Brake'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 | 0.23 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 4.6% |
| Total Assets | ₩591.08 Billion |
| Market Capitalization | $17.06 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sangsin Brake's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Sangsin Brake's assets grew by 4.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Sangsin Brake (2006–2024)
The table below shows the annual total assets of Sangsin Brake from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩591.08 Billion | +4.64% |
| 2023-12-31 | ₩564.87 Billion | +3.73% |
| 2022-12-31 | ₩544.57 Billion | +10.32% |
| 2021-12-31 | ₩493.64 Billion | +12.19% |
| 2020-12-31 | ₩440.01 Billion | -2.71% |
| 2019-12-31 | ₩452.25 Billion | +5.35% |
| 2018-12-31 | ₩429.30 Billion | +7.86% |
| 2017-12-31 | ₩398.02 Billion | +12.73% |
| 2016-12-31 | ₩353.06 Billion | +5.58% |
| 2015-12-31 | ₩334.39 Billion | +10.99% |
| 2014-12-31 | ₩301.27 Billion | +12.52% |
| 2013-12-31 | ₩267.74 Billion | +14.47% |
| 2012-12-31 | ₩233.90 Billion | +5.89% |
| 2011-12-31 | ₩220.88 Billion | +19.24% |
| 2010-12-31 | ₩185.24 Billion | +27.56% |
| 2009-12-31 | ₩145.22 Billion | +7.17% |
| 2008-12-31 | ₩135.50 Billion | +21.44% |
| 2007-12-31 | ₩111.58 Billion | +10.48% |
| 2006-12-31 | ₩100.99 Billion | -- |