Sangsin Brake (041650) - Total Assets
Based on the latest financial reports, Sangsin Brake (041650) holds total assets worth ₩549.74 Billion KRW (≈ $372.55 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. See Sangsin Brake (041650) shareholders funds for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see market value of Sangsin Brake.
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 |
|---|---|---|
|
Continental Aktiengesellschaft
F:CON
|
Germany | €18.59 Billion |
|
Huizhou Desay SV Automotive Co Ltd Class A
SHE:002920
|
China | CN¥27.24 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
|
China | CN¥5.80 Billion |
|
Lingyun Ind
SHG:600480
|
China | CN¥20.22 Billion |
|
Yapp Automotive Systems Co Ltd
SHG:603013
|
China | CN¥7.62 Billion |
|
Aotecar New Energy Technology Co Ltd
SHE:002239
|
China | CN¥11.04 Billion |
|
Zhuhai Enpower Electric Co Ltd
SHE:300681
|
China | CN¥6.29 Billion |
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 | $36.74 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sangsin Brake's assets below their book value (0.00x), 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 ≈ $400.57 Million |
+4.64% |
| 2023-12-31 | ₩564.87 Billion ≈ $382.81 Million |
+3.73% |
| 2022-12-31 | ₩544.57 Billion ≈ $369.05 Million |
+10.32% |
| 2021-12-31 | ₩493.64 Billion ≈ $334.53 Million |
+12.19% |
| 2020-12-31 | ₩440.01 Billion ≈ $298.19 Million |
-2.71% |
| 2019-12-31 | ₩452.25 Billion ≈ $306.49 Million |
+5.35% |
| 2018-12-31 | ₩429.30 Billion ≈ $290.93 Million |
+7.86% |
| 2017-12-31 | ₩398.02 Billion ≈ $269.73 Million |
+12.73% |
| 2016-12-31 | ₩353.06 Billion ≈ $239.26 Million |
+5.58% |
| 2015-12-31 | ₩334.39 Billion ≈ $226.61 Million |
+10.99% |
| 2014-12-31 | ₩301.27 Billion ≈ $204.17 Million |
+12.52% |
| 2013-12-31 | ₩267.74 Billion ≈ $181.44 Million |
+14.47% |
| 2012-12-31 | ₩233.90 Billion ≈ $158.51 Million |
+5.89% |
| 2011-12-31 | ₩220.88 Billion ≈ $149.69 Million |
+19.24% |
| 2010-12-31 | ₩185.24 Billion ≈ $125.54 Million |
+27.56% |
| 2009-12-31 | ₩145.22 Billion ≈ $98.41 Million |
+7.17% |
| 2008-12-31 | ₩135.50 Billion ≈ $91.83 Million |
+21.44% |
| 2007-12-31 | ₩111.58 Billion ≈ $75.62 Million |
+10.48% |
| 2006-12-31 | ₩100.99 Billion ≈ $68.44 Million |
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About 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