Korea Air Svc (005430) - Net Assets
Based on the latest financial reports, Korea Air Svc (005430) has net assets worth ₩405.16 Billion KRW (≈ $274.57 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩529.46 Billion ≈ $358.81 Million USD) and total liabilities (₩124.31 Billion ≈ $84.24 Million 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 Korea Air Svc (005430) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩405.16 Billion |
| % of Total Assets | 76.52% |
| Annual Growth Rate | 6.19% |
| 5-Year Change | 39.67% |
| 10-Year Change | 43.78% |
| Growth Volatility | 13.91 |
Korea Air Svc - Net Assets Trend (2001–2025)
This chart illustrates how Korea Air Svc's net assets have evolved over time, based on quarterly financial data. Also explore Korea Air Svc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Korea Air Svc (2001–2025)
The table below shows the annual net assets of Korea Air Svc from 2001 to 2025. For live valuation and market cap data, see Korea Air Svc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩405.16 Billion ≈ $274.57 Million |
+9.43% |
| 2024-12-31 | ₩370.24 Billion ≈ $250.91 Million |
+6.25% |
| 2023-12-31 | ₩348.47 Billion ≈ $236.16 Million |
+2.71% |
| 2022-12-31 | ₩339.28 Billion ≈ $229.92 Million |
+16.96% |
| 2021-12-31 | ₩290.07 Billion ≈ $196.58 Million |
+6.44% |
| 2020-12-31 | ₩272.53 Billion ≈ $184.69 Million |
-15.63% |
| 2019-12-31 | ₩323.03 Billion ≈ $218.92 Million |
+1.23% |
| 2018-12-31 | ₩319.12 Billion ≈ $216.26 Million |
+1.05% |
| 2017-12-31 | ₩315.79 Billion ≈ $214.01 Million |
+12.07% |
| 2016-12-31 | ₩281.78 Billion ≈ $190.96 Million |
+4.93% |
| 2015-12-31 | ₩268.55 Billion ≈ $181.99 Million |
+1.05% |
| 2014-12-31 | ₩265.76 Billion ≈ $180.10 Million |
+9.05% |
| 2013-12-31 | ₩243.71 Billion ≈ $165.16 Million |
-11.90% |
| 2011-12-31 | ₩276.61 Billion ≈ $187.46 Million |
-4.93% |
| 2010-12-31 | ₩290.95 Billion ≈ $197.17 Million |
+14.59% |
| 2009-12-31 | ₩253.92 Billion ≈ $172.08 Million |
-8.44% |
| 2008-12-31 | ₩277.32 Billion ≈ $187.94 Million |
+12.70% |
| 2007-12-31 | ₩246.08 Billion ≈ $166.76 Million |
+10.01% |
| 2006-12-31 | ₩223.69 Billion ≈ $151.59 Million |
+13.54% |
| 2005-12-31 | ₩197.02 Billion ≈ $133.51 Million |
+5.50% |
| 2004-12-31 | ₩186.74 Billion ≈ $126.55 Million |
+10.02% |
| 2003-12-31 | ₩169.72 Billion ≈ $115.02 Million |
+59.65% |
| 2002-12-31 | ₩106.31 Billion ≈ $72.04 Million |
+10.93% |
| 2001-12-31 | ₩95.83 Billion ≈ $64.94 Million |
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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 32176424956000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩321.76 Billion | 79.42% |
| Other Components | ₩83.39 Billion | 20.58% |
| Total Equity | ₩405.16 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 |
|---|---|
|
MEDIANA Co.Ltd
KQ:041920
|
$121.88 Million |
|
Adese Gayrimenkul Yatirim AS
IS:ADESE
|
$121.91 Million |
|
Macpower CNC Machines Limited
NSE:MACPOWER
|
$122.00 Million |
|
Mercator Medical S.A.
WAR:MRC
|
$122.06 Million |
|
Nanjing Putian Telecommunications Co Ltd Class B
SHE:200468
|
$121.86 Million |
|
Delta Lithium Ltd
AU:DLI
|
$121.82 Million |
|
Soquicom
SN:SOQUICOM
|
$121.72 Million |
|
Avatec Co. Ltd
KQ:149950
|
$121.71 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 2024 to 2025, total equity changed from 370,243,190,850 to 405,156,448,640, a change of 34,913,257,790 (9.4%).
- Net income of 40,545,958,970 contributed positively to equity growth.
- Dividend payments of 3,057,869,790 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩40.55 Billion | +10.01% |
| Dividends Paid | ₩3.06 Billion | -0.75% |
| Other Changes | ₩-2.57 Billion | -0.64% |
| Total Change | ₩- | 9.43% |
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: 0.44x
- 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.
- The price-to-book ratio has decreased from 0.57x to 0.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩103259.21 | ₩58800.00 | x |
| 2018-12-31 | ₩104346.88 | ₩58800.00 | x |
| 2019-12-31 | ₩105627.28 | ₩58800.00 | x |
| 2020-12-31 | ₩89114.43 | ₩58800.00 | x |
| 2021-12-31 | ₩94850.97 | ₩58800.00 | x |
| 2022-12-31 | ₩110939.51 | ₩58800.00 | x |
| 2023-12-31 | ₩113946.65 | ₩58800.00 | x |
| 2024-12-31 | ₩121065.29 | ₩58800.00 | x |
| 2025-12-31 | ₩132481.52 | ₩58800.00 | 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): 10.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.11%
- • Asset Turnover: 1.25x
- • Equity Multiplier: 1.31x
- Recent ROE (10.01%) is above the historical average (6.09%), 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 |
| 2025 | 10.01% | 6.11% | 1.25x | 1.31x | ₩30.31 Million |
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.
About 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