Korean Reinsu (003690) - Net Assets
Based on the latest financial reports, Korean Reinsu (003690) has net assets worth ₩3.68 Trillion KRW (≈ $2.50 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩14.26 Trillion ≈ $9.66 Billion USD) and total liabilities (₩10.58 Trillion ≈ $7.17 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check 003690 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩3.68 Trillion |
| % of Total Assets | 25.83% |
| Annual Growth Rate | 11.11% |
| 5-Year Change | 45.84% |
| 10-Year Change | 74.44% |
| Growth Volatility | 12.72 |
Korean Reinsu - Net Assets Trend (1999–2025)
This chart illustrates how Korean Reinsu's net assets have evolved over time, based on quarterly financial data. See Korean Reinsu liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Korean Reinsu (1999–2025)
The table below shows the annual net assets of Korean Reinsu from 1999 to 2025. For live valuation and market cap data, see 003690 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩3.68 Trillion ≈ $2.50 Billion |
+6.68% |
| 2024-12-31 | ₩3.45 Trillion ≈ $2.34 Billion |
+6.15% |
| 2023-12-31 | ₩3.25 Trillion ≈ $2.20 Billion |
+15.37% |
| 2022-12-31 | ₩2.82 Trillion ≈ $1.91 Billion |
+11.63% |
| 2021-12-31 | ₩2.53 Trillion ≈ $1.71 Billion |
+2.84% |
| 2020-12-31 | ₩2.46 Trillion ≈ $1.66 Billion |
0.00% |
| 2019-12-31 | ₩2.46 Trillion ≈ $1.66 Billion |
+9.76% |
| 2018-12-31 | ₩2.24 Trillion ≈ $1.52 Billion |
+3.45% |
| 2017-12-31 | ₩2.16 Trillion ≈ $1.47 Billion |
+2.44% |
| 2016-12-31 | ₩2.11 Trillion ≈ $1.43 Billion |
+4.70% |
| 2015-12-31 | ₩2.02 Trillion ≈ $1.37 Billion |
+9.67% |
| 2014-12-31 | ₩1.84 Trillion ≈ $1.25 Billion |
+26.74% |
| 2013-12-31 | ₩1.45 Trillion ≈ $983.28 Million |
+2.70% |
| 2012-12-31 | ₩1.41 Trillion ≈ $957.42 Million |
+12.31% |
| 2011-12-31 | ₩1.26 Trillion ≈ $852.50 Million |
+66.67% |
| 2010-12-31 | ₩754.78 Billion ≈ $511.50 Million |
+14.28% |
| 2009-12-31 | ₩660.47 Billion ≈ $447.59 Million |
+13.16% |
| 2008-12-31 | ₩583.64 Billion ≈ $395.52 Million |
+8.60% |
| 2007-12-31 | ₩537.43 Billion ≈ $364.21 Million |
+0.85% |
| 2006-12-31 | ₩532.87 Billion ≈ $361.12 Million |
+7.68% |
| 2005-12-31 | ₩494.88 Billion ≈ $335.38 Million |
+6.91% |
| 2004-12-31 | ₩462.89 Billion ≈ $313.70 Million |
+8.00% |
| 2003-12-31 | ₩428.60 Billion ≈ $290.46 Million |
+17.86% |
| 2002-12-31 | ₩363.67 Billion ≈ $246.45 Million |
+13.91% |
| 2001-12-31 | ₩319.25 Billion ≈ $216.35 Million |
+23.51% |
| 2000-12-31 | ₩258.49 Billion ≈ $175.17 Million |
+8.67% |
| 1999-12-31 | ₩237.87 Billion ≈ $161.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Korean Reinsu's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 205.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩259.25 Billion | 7.04% |
| Other Components | ₩3.42 Trillion | 92.96% |
| Total Equity | ₩3.68 Trillion | 100.00% |
Korean Reinsu Competitors by Market Cap
The table below lists competitors of Korean Reinsu ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bolsas y Mercados Argentinos SA
BA:BYMA
|
$1.68 Billion |
|
BillerudKorsnas AB
ST:BILL
|
$1.68 Billion |
|
Ennoconn Corp
TW:6414
|
$1.68 Billion |
|
Harbin Hatou Investment Co Ltd
SHG:600864
|
$1.68 Billion |
|
Pavilion Real Estate Inv Trust
KLSE:5212
|
$1.68 Billion |
|
Thanachart Capital Public Company Limited
BK:TCAP-R
|
$1.68 Billion |
|
Zhongsheng Group Holdings Limited
F:5Z0
|
$1.67 Billion |
|
Zhongmin Energy Co Ltd
SHG:600163
|
$1.67 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korean Reinsu's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,452,869,465,000 to 3,683,421,861,102, a change of 230,552,396,102 (6.7%).
- Net income of 322,041,488,493 contributed positively to equity growth.
- Other factors decreased equity by 91,489,092,391.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩322.04 Billion | +8.74% |
| Other Changes | ₩-91.49 Billion | -2.48% |
| Total Change | ₩- | 6.68% |
Book Value vs Market Value Analysis
This analysis compares Korean Reinsu's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.67x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩18830.27 | ₩14000.00 | x |
| 2018-12-31 | ₩19479.68 | ₩14000.00 | x |
| 2019-12-31 | ₩21418.27 | ₩14000.00 | x |
| 2020-12-31 | ₩24014.38 | ₩14000.00 | x |
| 2021-12-31 | ₩24696.66 | ₩14000.00 | x |
| 2022-12-31 | ₩19146.35 | ₩14000.00 | x |
| 2023-12-31 | ₩22088.34 | ₩14000.00 | x |
| 2024-12-31 | ₩19538.53 | ₩14000.00 | x |
| 2025-12-31 | ₩20843.14 | ₩14000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korean Reinsu utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.76%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 3.87x
- Recent ROE (8.74%) is below the historical average (9.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 12.35% | 1.62% | 1.21x | 6.31x | ₩5.59 Billion |
| 2000 | 10.11% | 1.36% | 1.22x | 6.12x | ₩289.40 Million |
| 2001 | 21.33% | 3.05% | 1.23x | 5.69x | ₩36.18 Billion |
| 2002 | 15.86% | 2.06% | 1.29x | 5.97x | ₩21.31 Billion |
| 2003 | 15.17% | 2.08% | 1.32x | 5.50x | ₩22.15 Billion |
| 2004 | 11.62% | 1.68% | 1.30x | 5.31x | ₩7.49 Billion |
| 2005 | 12.64% | 3.17% | 0.71x | 5.61x | ₩13.06 Billion |
| 2006 | 10.82% | 2.58% | 0.71x | 5.90x | ₩4.39 Billion |
| 2007 | 7.01% | 1.11% | 0.96x | 6.59x | ₩-16.09 Billion |
| 2008 | 10.41% | 1.59% | 0.91x | 7.18x | ₩2.39 Billion |
| 2009 | 11.95% | 1.98% | 0.92x | 6.56x | ₩12.91 Billion |
| 2010 | 14.26% | 3.02% | 0.75x | 6.31x | ₩32.15 Billion |
| 2011 | 3.33% | 1.18% | 0.51x | 5.53x | ₩-83.85 Billion |
| 2012 | 9.80% | 1.95% | 0.97x | 5.17x | ₩-2.77 Billion |
| 2013 | 11.40% | 3.53% | 0.61x | 5.25x | ₩20.29 Billion |
| 2014 | 6.39% | 1.86% | 0.75x | 4.60x | ₩-66.42 Billion |
| 2015 | 9.25% | 3.82% | 0.54x | 4.45x | ₩-15.22 Billion |
| 2016 | 7.58% | 1.90% | 0.88x | 4.54x | ₩-51.11 Billion |
| 2017 | 6.15% | 1.50% | 0.88x | 4.65x | ₩-83.29 Billion |
| 2018 | 4.60% | 1.05% | 0.91x | 4.80x | ₩-120.82 Billion |
| 2019 | 7.68% | 1.79% | 0.90x | 4.78x | ₩-56.89 Billion |
| 2020 | 5.78% | 2.21% | 0.51x | 5.10x | ₩-103.54 Billion |
| 2021 | 6.07% | 2.29% | 0.51x | 5.19x | ₩-99.22 Billion |
| 2022 | 9.88% | 5.96% | 0.31x | 5.31x | ₩-3.48 Billion |
| 2023 | 8.73% | 7.38% | 0.32x | 3.71x | ₩-41.42 Billion |
| 2024 | 9.17% | 7.34% | 0.33x | 3.81x | ₩-28.62 Billion |
| 2025 | 8.74% | 7.76% | 0.29x | 3.87x | ₩-46.30 Billion |
Industry Comparison
This section compares Korean Reinsu's net assets metrics with peer companies in the Insurance - Reinsurance industry.
No peer company data available for comparison.
About Korean Reinsu
Korean Reinsurance Company, a reinsurance company, provides life and non-life reinsurance products in Korea and internationally. The company offers property insurance products, such as fire, property all risks, inland floater, and museum; engineering insurance products, including contractor's and erection all risks, machinery, electric equipment, civil engineering completed risk, contractor's pla… Read more