Sung Kwang Bend Co.Ltd
Sung Kwang Bend Co.,Ltd. engages in the manufacture and sale of pipe fittings worldwide. It offers elbows, tees, reducers, caps, stub-ends, laterals, carbon steel, and stainless and other products. The company was founded in 1963 and is headquartered in Busan, South Korea.
Sung Kwang Bend Co.Ltd (014620) - Total Assets
Latest total assets as of September 2025: ₩580.78 Billion KRW
Based on the latest financial reports, Sung Kwang Bend Co.Ltd (014620) holds total assets worth ₩580.78 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.
Sung Kwang Bend Co.Ltd - Total Assets Trend (2003–2024)
This chart illustrates how Sung Kwang Bend Co.Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sung Kwang Bend Co.Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Sung Kwang Bend Co.Ltd's total assets of ₩580.78 Billion consist of 55.1% current assets and 44.9% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩63.59 Billion | 11.3% |
| Accounts Receivable | ₩39.44 Billion | 7.0% |
| Inventory | ₩151.71 Billion | 26.9% |
| Property, Plant & Equipment | ₩247.74 Billion | 44.0% |
| Intangible Assets | ₩603.04 Million | 0.1% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2003–2024)
This chart illustrates how Sung Kwang Bend Co.Ltd'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: Sung Kwang Bend Co.Ltd's current assets represent 55.1% of total assets in 2024, an increase from 0.0% in 2003.
- Cash Position: Cash and equivalents constituted 11.3% of total assets in 2024, up from 1.9% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is property, plant & equipment at 44.0% of total assets.
Sung Kwang Bend Co.Ltd Competitors by Total Assets
Key competitors of Sung Kwang Bend Co.Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Sung Kwang Bend Co.Ltd - 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
Lower asset utilization - Sung Kwang Bend Co.Ltd generates 0.40x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Sung Kwang Bend Co.Ltd generates $7.28 in net profit.
Sung Kwang Bend Co.Ltd - 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 | 10.11 | 8.48 | 12.67 |
| Quick Ratio | 5.49 | 4.47 | 5.19 |
| Cash Ratio | 0.00 | 1.94 | 0.00 |
| Working Capital | ₩293.53 Billion | ₩ 268.86 Billion | ₩ 205.73 Billion |
Sung Kwang Bend Co.Ltd - Advanced Valuation Insights
This section examines the relationship between Sung Kwang Bend Co.Ltd'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 | 1.68 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 2.2% |
| Total Assets | ₩563.10 Billion |
| Market Capitalization | $363.40 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sung Kwang Bend Co.Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Sung Kwang Bend Co.Ltd's assets grew by 2.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Sung Kwang Bend Co.Ltd (2003–2024)
The table below shows the annual total assets of Sung Kwang Bend Co.Ltd from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩563.10 Billion | +2.18% |
| 2023-12-31 | ₩551.07 Billion | +4.55% |
| 2022-12-31 | ₩527.11 Billion | +6.74% |
| 2021-12-31 | ₩493.81 Billion | +0.05% |
| 2020-12-31 | ₩493.58 Billion | -1.69% |
| 2019-12-31 | ₩502.05 Billion | +0.46% |
| 2018-12-31 | ₩499.75 Billion | -0.54% |
| 2017-12-31 | ₩502.48 Billion | -5.59% |
| 2016-12-31 | ₩532.22 Billion | -2.48% |
| 2015-12-31 | ₩545.75 Billion | -1.38% |
| 2014-12-31 | ₩553.41 Billion | +3.85% |
| 2013-12-31 | ₩532.88 Billion | +4.34% |
| 2012-12-31 | ₩510.74 Billion | +13.86% |
| 2011-12-31 | ₩448.58 Billion | +15.11% |
| 2010-12-31 | ₩389.70 Billion | +7.65% |
| 2009-12-31 | ₩362.00 Billion | +17.23% |
| 2008-12-31 | ₩308.80 Billion | +20.43% |
| 2007-12-31 | ₩256.42 Billion | +23.10% |
| 2006-12-31 | ₩208.30 Billion | +43.85% |
| 2005-12-31 | ₩144.81 Billion | +17.17% |
| 2004-12-31 | ₩123.59 Billion | +12.65% |
| 2003-12-31 | ₩109.71 Billion | -- |