Korean Reinsu (003690) - Net Assets

Latest as of June 2025: ₩3.50 Trillion KRW ≈ $2.37 Billion USD

Based on the latest financial reports, Korean Reinsu (003690) has net assets worth ₩3.50 Trillion KRW (≈ $2.37 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩13.18 Trillion ≈ $8.93 Billion USD) and total liabilities (₩9.69 Trillion ≈ $6.56 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 Korean Reinsu asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩3.50 Trillion
% of Total Assets	26.52%
Annual Growth Rate	11.29%
5-Year Change	40.59%
10-Year Change	71.21%
Growth Volatility	12.93

Korean Reinsu - Net Assets Trend (1999–2024)

This chart illustrates how Korean Reinsu's net assets have evolved over time, based on quarterly financial data. Also explore Korean Reinsu (003690) total assets for the complete picture of this company's asset base.

Annual Net Assets for Korean Reinsu (1999–2024)

The table below shows the annual net assets of Korean Reinsu from 1999 to 2024. For live valuation and market cap data, see 003690 market cap overview.

Year	Net Assets	Change
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	--

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 2639.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩2.32 Trillion	67.29%
Other Components	₩1.13 Trillion	32.71%
Total Equity	₩3.45 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
Hangjin Technology Co Ltd SHE:000818	$1.48 Billion
Stanmore Resources Ltd AU:SMR	$1.48 Billion
Suzhou SLAC Precision Equipment Co Ltd SHE:300382	$1.48 Billion
Alrov Properties & Lodgings Ltd TA:ALRPR	$1.48 Billion
Meridianlink Inc NYSE:MLNK	$1.48 Billion
Aerosun Corp SHG:600501	$1.48 Billion
Scientex Bhd KLSE:4731	$1.48 Billion
Guangdong Marubi Biotechnology Co SHG:603983	$1.48 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 2023 to 2024, total equity changed from 3,252,895,729,000 to 3,452,869,465,000, a change of 199,973,736,000 (6.1%).
Net income of 316,671,748,110 contributed positively to equity growth.
Dividend payments of 79,524,464,040 reduced retained earnings.
Other factors decreased equity by 37,173,548,070.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩316.67 Billion	+9.17%
Dividends Paid	₩79.52 Billion	-2.3%
Other Changes	₩-37.17 Billion	-1.08%
Total Change	₩-	6.15%

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: 0.63x
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	₩12350.00	x
2018-12-31	₩19479.68	₩12350.00	x
2019-12-31	₩21418.27	₩12350.00	x
2020-12-31	₩24014.38	₩12350.00	x
2021-12-31	₩24696.66	₩12350.00	x
2022-12-31	₩19146.35	₩12350.00	x
2023-12-31	₩22088.34	₩12350.00	x
2024-12-31	₩19538.53	₩12350.00	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): 9.17%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.96%
• Asset Turnover: 0.35x
• Equity Multiplier: 3.81x
Recent ROE (9.17%) is below the historical average (9.97%), 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%	7.06%	0.33x	3.71x	₩-41.42 Billion
2024	9.17%	6.96%	0.35x	3.81x	₩-28.62 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

KO:003690 Korea Insurance - Reinsurance

Market Cap

$1.48 Billion

₩2.18 Trillion KRW

Market Cap Rank

#7450 Global

#213 in Korea

Share Price

₩12350.00

Change (1 day)

-1.52%

52-Week Range

₩8030.00 - ₩14390.00

All Time High

₩14390.00