Socar Inc. (403550) - Total Assets
Based on the latest financial reports, Socar Inc. (403550) holds total assets worth ₩637.24 Billion KRW (≈ $431.85 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 total reinvestment intensity of Socar Inc. to assess the company's total reinvestment commitment from operating cash flow.
Socar Inc. - Total Assets Trend (2020–2024)
This chart illustrates how Socar Inc.'s total assets have evolved over time, based on quarterly financial data. Check Socar Inc. cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Socar Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Socar Inc.'s total assets of ₩637.24 Billion consist of 22.3% current assets and 77.7% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 13.4% |
| Accounts Receivable | ₩12.63 Billion | 2.0% |
| Inventory | ₩0.00 | 0.0% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩11.69 Billion | 1.9% |
| Goodwill | ₩53.99 Billion | 8.6% |
Asset Composition Trend (2020–2024)
This chart illustrates how Socar Inc.'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 403550 market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Socar Inc.'s current assets represent 22.3% of total assets in 2024, a decrease from 37.6% in 2020.
- Cash Position: Cash and equivalents constituted 13.4% of total assets in 2024, down from 17.4% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 2.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 8.6% of total assets.
Socar Inc. Competitors by Total Assets
Key competitors of Socar Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Technology One Ltd
AU:TNE
|
Australia | AU$891.40 Million |
|
TaTaTu SpA
PA:ALTTU
|
France | €87.76 Million |
|
ZINKA LOGISTICS SOL LTD
NSE:BLACKBUCK
|
India | Rs17.36 Billion |
|
Fujian Boss Software Development Co Ltd
SHE:300525
|
China | CN¥4.27 Billion |
|
Fujian Apex Software Co Ltd
SHG:603383
|
China | CN¥1.84 Billion |
|
Beijing Dataway Horizon Co. Ltd
SHE:301169
|
China | CN¥647.55 Million |
|
Linewell Software Co Ltd
SHG:603636
|
China | CN¥5.51 Billion |
|
Shanghai Baosight Software Co Ltd B
SHG:900926
|
China | $22.90 Billion |
Socar Inc. - 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 | 0.66 | 0.55 | 0.69 |
| Quick Ratio | 0.65 | 0.55 | 0.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩-87.68 Billion | ₩-108.37 Billion | ₩-48.27 Billion |
Socar Inc. - Advanced Valuation Insights
This section examines the relationship between Socar Inc.'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 | 2.18 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -7.0% |
| Total Assets | ₩631.52 Billion |
| Market Capitalization | $249.27 Million USD |
Valuation Analysis
Below Book Valuation: The market values Socar Inc.'s assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Socar Inc.'s assets decreased by 7.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Socar Inc. (2020–2024)
The table below shows the annual total assets of Socar Inc. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩631.52 Billion ≈ $427.97 Million |
-7.00% |
| 2023-12-31 | ₩679.02 Billion ≈ $460.16 Million |
+15.93% |
| 2022-12-31 | ₩585.71 Billion ≈ $396.93 Million |
+35.21% |
| 2021-12-31 | ₩433.19 Billion ≈ $293.57 Million |
+59.51% |
| 2020-12-31 | ₩271.58 Billion ≈ $184.04 Million |
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About Socar Inc.
SOCAR Inc. operates as a mobility company in South Korea. It provides car sharing services. The company was founded in 2011 and is headquartered in Jeju-si, South Korea.