Korea Air Svc
Korea Airport Service Co.,Ltd. provides aircraft ground handling services in South Korea. It offers aircraft ground handling equipment rental and air cargo unloading services. The company also manufactures and sells drinking spring water; and provides livestock farming services. The company was founded in 1968 and is headquartered in Seoul, South Korea. Korea Airport Service Co.,Ltd. operates as … Read more
Korea Air Svc (005430) - Net Assets
Latest net assets as of September 2025: ₩400.53 Billion KRW
Based on the latest financial reports, Korea Air Svc (005430) has net assets worth ₩400.53 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩532.02 Billion) and total liabilities (₩131.49 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩400.53 Billion |
| % of Total Assets | 75.29% |
| Annual Growth Rate | 6.05% |
| 5-Year Change | 35.85% |
| 10-Year Change | 37.87% |
| Growth Volatility | 14.22 |
Korea Air Svc - Net Assets Trend (2001–2024)
This chart illustrates how Korea Air Svc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Korea Air Svc (2001–2024)
The table below shows the annual net assets of Korea Air Svc from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩370.24 Billion | +6.25% |
| 2023-12-31 | ₩348.47 Billion | +2.71% |
| 2022-12-31 | ₩339.28 Billion | +16.96% |
| 2021-12-31 | ₩290.07 Billion | +6.44% |
| 2020-12-31 | ₩272.53 Billion | -15.63% |
| 2019-12-31 | ₩323.03 Billion | +1.23% |
| 2018-12-31 | ₩319.12 Billion | +1.05% |
| 2017-12-31 | ₩315.79 Billion | +12.07% |
| 2016-12-31 | ₩281.78 Billion | +4.93% |
| 2015-12-31 | ₩268.55 Billion | +1.05% |
| 2014-12-31 | ₩265.76 Billion | +9.05% |
| 2013-12-31 | ₩243.71 Billion | -11.90% |
| 2011-12-31 | ₩276.61 Billion | -4.93% |
| 2010-12-31 | ₩290.95 Billion | +14.59% |
| 2009-12-31 | ₩253.92 Billion | -8.44% |
| 2008-12-31 | ₩277.32 Billion | +12.70% |
| 2007-12-31 | ₩246.08 Billion | +10.01% |
| 2006-12-31 | ₩223.69 Billion | +13.54% |
| 2005-12-31 | ₩197.02 Billion | +5.50% |
| 2004-12-31 | ₩186.74 Billion | +10.02% |
| 2003-12-31 | ₩169.72 Billion | +59.65% |
| 2002-12-31 | ₩106.31 Billion | +10.93% |
| 2001-12-31 | ₩95.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Korea Air Svc'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 28718872408000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩287.19 Billion | 77.57% |
| Other Components | ₩83.05 Billion | 22.43% |
| Total Equity | ₩370.24 Billion | 100.00% |
Korea Air Svc Competitors by Market Cap
The table below lists competitors of Korea Air Svc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IBU tec advanced materials AG
XETRA:IBU
|
$47.03 Million |
|
Intelligent Digital Integrated Security Co. Ltd
KQ:143160
|
$47.03 Million |
|
Nang Kuang Pharmaceutical Co Ltd
TW:1752
|
$47.04 Million |
|
CarrefourSA Carrefour Sabanci Ticaret Merkezi AS
IS:CRFSA
|
$47.05 Million |
|
DingZing Advanced Materials Inc.
TW:6585
|
$47.00 Million |
|
New Horizon Aircraft Ltd
NASDAQ:HOVR
|
$46.99 Million |
|
Indointernet Tbk PT
JK:EDGE
|
$46.99 Million |
|
Global Lithium Resources Ltd
AU:GL1
|
$46.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korea Air Svc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 348,472,901,990 to 370,243,190,850, a change of 21,770,288,860 (6.2%).
- Net income of 40,605,939,540 contributed positively to equity growth.
- Dividend payments of 3,057,869,790 reduced retained earnings.
- Other factors decreased equity by 15,777,780,890.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩40.61 Billion | +10.97% |
| Dividends Paid | ₩3.06 Billion | -0.83% |
| Other Changes | ₩-15.78 Billion | -4.26% |
| Total Change | ₩- | 6.25% |
Book Value vs Market Value Analysis
This analysis compares Korea Air Svc'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: 0.48x
- 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 | ₩103259.21 | ₩58700.00 | x |
| 2018-12-31 | ₩104346.88 | ₩58700.00 | x |
| 2019-12-31 | ₩105627.28 | ₩58700.00 | x |
| 2020-12-31 | ₩89114.43 | ₩58700.00 | x |
| 2021-12-31 | ₩94850.97 | ₩58700.00 | x |
| 2022-12-31 | ₩110939.51 | ₩58700.00 | x |
| 2023-12-31 | ₩113946.65 | ₩58700.00 | x |
| 2024-12-31 | ₩121065.29 | ₩58700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korea Air Svc 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): 10.97%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.48%
- • Asset Turnover: 1.25x
- • Equity Multiplier: 1.36x
- Recent ROE (10.97%) is above the historical average (5.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 3.99% | 1.54% | 0.75x | 3.48x | ₩-5.56 Billion |
| 2003 | 7.60% | 4.62% | 0.72x | 2.29x | ₩-3.74 Billion |
| 2004 | 2.89% | 1.76% | 0.82x | 2.01x | ₩-12.15 Billion |
| 2005 | 15.08% | 9.36% | 0.82x | 1.96x | ₩9.09 Billion |
| 2006 | 11.91% | 7.90% | 0.85x | 1.78x | ₩3.88 Billion |
| 2007 | 6.83% | 4.46% | 0.89x | 1.72x | ₩-7.03 Billion |
| 2008 | 9.53% | 6.78% | 0.85x | 1.66x | ₩-1.18 Billion |
| 2010 | 21.24% | 14.70% | 0.93x | 1.55x | ₩30.02 Billion |
| 2013 | -4.70% | -2.72% | 1.13x | 1.53x | ₩-35.83 Billion |
| 2014 | 10.54% | 6.39% | 1.13x | 1.46x | ₩1.43 Billion |
| 2015 | 3.29% | 1.94% | 1.19x | 1.42x | ₩-18.02 Billion |
| 2016 | 6.19% | 3.69% | 1.27x | 1.33x | ₩-10.74 Billion |
| 2017 | 7.09% | 4.61% | 1.17x | 1.32x | ₩-9.20 Billion |
| 2018 | 5.90% | 3.58% | 1.24x | 1.33x | ₩-13.08 Billion |
| 2019 | 5.03% | 3.07% | 1.14x | 1.44x | ₩-16.04 Billion |
| 2020 | -17.41% | -15.88% | 0.70x | 1.56x | ₩-74.71 Billion |
| 2021 | 1.12% | 0.94% | 0.90x | 1.32x | ₩-25.76 Billion |
| 2022 | 1.70% | 1.44% | 0.95x | 1.24x | ₩-28.15 Billion |
| 2023 | 9.02% | 5.77% | 1.14x | 1.37x | ₩-3.42 Billion |
| 2024 | 10.97% | 6.48% | 1.25x | 1.36x | ₩3.58 Billion |
Industry Comparison
This section compares Korea Air Svc's net assets metrics with peer companies in the Airports & Air Services industry.
No peer company data available for comparison.