Korea Line (005880) - Net Assets

Latest as of September 2025: ₩2.34 Trillion KRW ≈ $1.59 Billion USD

Based on the latest financial reports, Korea Line (005880) has net assets worth ₩2.34 Trillion KRW (≈ $1.59 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩4.11 Trillion ≈ $2.79 Billion USD) and total liabilities (₩1.77 Trillion ≈ $1.20 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 Korea Line liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩2.34 Trillion
% of Total Assets	56.9%
Annual Growth Rate	16.77%
5-Year Change	168.33%
10-Year Change	302.15%
Growth Volatility	98.26

Korea Line - Net Assets Trend (2000–2024)

This chart illustrates how Korea Line's net assets have evolved over time, based on quarterly financial data. Also explore 005880 total assets for the complete picture of this company's asset base.

Annual Net Assets for Korea Line (2000–2024)

The table below shows the annual net assets of Korea Line from 2000 to 2024. For live valuation and market cap data, see how much is Korea Line worth.

Year	Net Assets	Change
2024-12-31	₩2.29 Trillion ≈ $1.55 Billion	+23.98%
2023-12-31	₩1.85 Trillion ≈ $1.25 Billion	+3.51%
2022-12-31	₩1.78 Trillion ≈ $1.21 Billion	+17.52%
2021-12-31	₩1.52 Trillion ≈ $1.03 Billion	+77.91%
2020-12-31	₩853.32 Billion ≈ $578.28 Million	-4.68%
2019-12-31	₩895.20 Billion ≈ $606.67 Million	+14.85%
2018-12-31	₩779.48 Billion ≈ $528.24 Million	+13.32%
2017-12-31	₩687.84 Billion ≈ $466.14 Million	+9.88%
2016-12-31	₩626.01 Billion ≈ $424.24 Million	+9.95%
2015-12-31	₩569.36 Billion ≈ $385.85 Million	+14.13%
2014-12-31	₩498.88 Billion ≈ $338.08 Million	+23.48%
2013-12-31	₩404.03 Billion ≈ $273.80 Million	+301.20%
2011-12-31	₩100.70 Billion ≈ $68.25 Million	-81.48%
2010-12-31	₩543.89 Billion ≈ $368.59 Million	-15.12%
2009-12-31	₩640.75 Billion ≈ $434.23 Million	-45.19%
2008-12-31	₩1.17 Trillion ≈ $792.23 Million	+26.60%
2007-12-31	₩923.36 Billion ≈ $625.75 Million	+74.67%
2006-12-31	₩528.64 Billion ≈ $358.25 Million	+33.18%
2005-12-31	₩396.95 Billion ≈ $269.01 Million	+17.43%
2004-12-31	₩338.03 Billion ≈ $229.08 Million	+175.86%
2003-12-31	₩122.54 Billion ≈ $83.04 Million	+41.74%
2002-12-31	₩86.45 Billion ≈ $58.59 Million	+336.97%
2001-12-31	₩19.78 Billion ≈ $13.41 Million	-64.35%
2000-12-31	₩55.50 Billion ≈ $37.61 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Korea Line'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 104058358393000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩1.04 Trillion	51.52%
Other Components	₩979.36 Billion	48.48%
Total Equity	₩2.02 Trillion	100.00%

Korea Line Competitors by Market Cap

The table below lists competitors of Korea Line ranked by their market capitalization.

Company	Market Cap
Zhejiang Runyang New Material Technology Co. Ltd. SHE:300920	$567.62 Million
Guan Chong Bhd KLSE:5102	$567.65 Million
Mastek Limited NSE:MASTEK	$567.83 Million
Zhejiang Cheng Yi Pharmaceutical Co Ltd SHG:603811	$568.03 Million
Northfield Bancorp Inc NASDAQ:NFBK	$567.57 Million
Ningbo MedicalSystem Biotechnology Co Ltd SHE:300439	$567.44 Million
Qingdao Liqun Department Store Group Co Ltd SHG:601366	$567.38 Million
AMERISAFE Inc NASDAQ:AMSF	$567.23 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Korea Line's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,609,161,939,920 to 2,019,939,938,790, a change of 410,777,998,870 (25.5%).
Net income of 162,090,224,990 contributed positively to equity growth.
New share issuances of 22,305,721,830 increased equity.
Other factors increased equity by 226,382,052,050.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩162.09 Billion	+8.02%
Share Issuances	₩22.31 Billion	+1.1%
Other Changes	₩226.38 Billion	+11.21%
Total Change	₩-	25.53%

Book Value vs Market Value Analysis

This analysis compares Korea Line'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: 0.41x
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 1.02x to 0.41x 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	₩2549.77	₩2595.00	x
2018-12-31	₩2913.27	₩2595.00	x
2019-12-31	₩3251.42	₩2595.00	x
2020-12-31	₩3080.04	₩2595.00	x
2021-12-31	₩4139.74	₩2595.00	x
2022-12-31	₩4912.03	₩2595.00	x
2023-12-31	₩5177.63	₩2595.00	x
2024-12-31	₩6288.53	₩2595.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Korea Line 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): 8.02%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.28%
• Asset Turnover: 0.38x
• Equity Multiplier: 2.27x
Recent ROE (8.02%) is below the historical average (25.78%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	78.95%	12.44%	0.42x	14.94x	₩55.75 Billion
2003	27.47%	4.75%	0.59x	9.82x	₩19.93 Billion
2004	61.30%	17.01%	0.96x	3.76x	₩168.06 Billion
2005	22.36%	7.51%	0.93x	3.20x	₩47.40 Billion
2006	21.46%	9.34%	0.84x	2.74x	₩58.96 Billion
2007	41.94%	18.95%	0.95x	2.34x	₩289.25 Billion
2008	31.88%	10.50%	1.25x	2.43x	₩252.42 Billion
2013	95.01%	71.69%	0.44x	3.03x	₩343.47 Billion
2014	14.58%	12.39%	0.45x	2.64x	₩22.57 Billion
2015	6.91%	7.32%	0.35x	2.70x	₩-17.39 Billion
2016	4.91%	5.52%	0.25x	3.63x	₩-30.86 Billion
2017	19.13%	8.12%	0.60x	3.91x	₩60.46 Billion
2018	10.20%	5.95%	0.44x	3.91x	₩1.52 Billion
2019	10.92%	9.00%	0.30x	4.03x	₩7.59 Billion
2020	1.14%	0.99%	0.26x	4.33x	₩-68.44 Billion
2021	19.13%	21.33%	0.30x	3.00x	₩117.51 Billion
2022	10.32%	9.78%	0.36x	2.94x	₩4.95 Billion
2023	4.24%	4.89%	0.30x	2.94x	₩-92.64 Billion
2024	8.02%	9.28%	0.38x	2.27x	₩-39.90 Billion

Industry Comparison

This section compares Korea Line's net assets metrics with peer companies in the Marine Shipping industry.

Industry Context

Industry: Marine Shipping
Average net assets among peers: $1,099,378,435,474
Average return on equity (ROE) among peers: 22.79%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Korea Line (005880)	₩2.34 Trillion	78.95%	0.76x	$567.58 Million
Eusu Holdings (000700)	$221.15 Billion	97.43%	0.86x	$110.30 Million
Heung-A Shipping Co. Ltd. (003280)	$170.71 Billion	20.00%	0.91x	$470.56 Million
Hyundai Mipo Dockyard (010620)	$485.87 Billion	21.87%	2.24x	$6.03 Billion
HMM Co Ltd (011200)	$1.75 Trillion	0.00%	4.04x	$13.10 Billion
Pan Ocean Co Ltd (028670)	$4.49 Trillion	15.07%	0.68x	$2.01 Billion
Kss Line (044450)	$420.48 Billion	4.05%	2.94x	$196.15 Million
Sejin Heavy Industries Co Ltd (075580)	$158.37 Billion	1.12%	1.33x	$791.71 Million

About Korea Line

KO:005880 Korea Marine Shipping

Market Cap

$567.58 Million

₩837.53 Billion KRW

Market Cap Rank

#11880 Global

#372 in Korea

Share Price

₩2595.00

Change (1 day)

-1.89%

52-Week Range

₩1496.00 - ₩3090.00

All Time High

₩3670.00