Jeju Bank
Jeju Bank, together with its subsidiaries, engages in the provision of commercial banking products and services in South Korea. It provides deposit; savings; credit, secured, and car loans; credit cards; foreign currency exchange and deposits, and foreign remittance; funds; trust services; retirement pension, gold/silver bars; and insurance products, as well as internet banking. The company was f… Read more
Jeju Bank (006220) - Net Assets
Latest net assets as of September 2025: ₩649.93 Billion KRW
Based on the latest financial reports, Jeju Bank (006220) has net assets worth ₩649.93 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 (₩7.72 Trillion) and total liabilities (₩7.07 Trillion). 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 | ₩649.93 Billion |
| % of Total Assets | 8.41% |
| Annual Growth Rate | 10.33% |
| 5-Year Change | 15.83% |
| 10-Year Change | 85.56% |
| Growth Volatility | 12.89 |
Jeju Bank - Net Assets Trend (2000–2024)
This chart illustrates how Jeju Bank's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jeju Bank (2000–2024)
The table below shows the annual net assets of Jeju Bank from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩590.11 Billion | +10.13% |
| 2023-12-31 | ₩535.85 Billion | +2.68% |
| 2022-12-31 | ₩521.85 Billion | +1.15% |
| 2021-12-31 | ₩515.95 Billion | +1.28% |
| 2020-12-31 | ₩509.44 Billion | +2.36% |
| 2019-12-31 | ₩497.70 Billion | +5.22% |
| 2018-12-31 | ₩472.99 Billion | +16.85% |
| 2017-12-31 | ₩404.80 Billion | +20.60% |
| 2016-12-31 | ₩335.65 Billion | +5.54% |
| 2015-12-31 | ₩318.02 Billion | +4.11% |
| 2014-12-31 | ₩305.48 Billion | +4.58% |
| 2013-12-31 | ₩292.10 Billion | +5.11% |
| 2012-12-31 | ₩277.89 Billion | +12.11% |
| 2011-12-31 | ₩247.87 Billion | +4.96% |
| 2010-12-31 | ₩236.17 Billion | +10.62% |
| 2009-12-31 | ₩213.49 Billion | +24.23% |
| 2008-12-31 | ₩171.85 Billion | +18.97% |
| 2007-12-31 | ₩144.44 Billion | +9.19% |
| 2006-12-31 | ₩132.29 Billion | +10.69% |
| 2005-12-31 | ₩119.51 Billion | +10.11% |
| 2004-12-31 | ₩108.54 Billion | +4.73% |
| 2003-12-31 | ₩103.63 Billion | +2.53% |
| 2002-12-31 | ₩101.07 Billion | +65.28% |
| 2001-12-31 | ₩61.15 Billion | +9.64% |
| 2000-12-31 | ₩55.77 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jeju Bank'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 32791100000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩327.91 Billion | 55.57% |
| Other Components | ₩262.20 Billion | 44.43% |
| Total Equity | ₩590.11 Billion | 100.00% |
Jeju Bank Competitors by Market Cap
The table below lists competitors of Jeju Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VIGO Photonics S.A.
F:J8Z
|
$73.10 Million |
|
Sinar Mas Agro Resources and Technology Tbk PT
JK:SMAR
|
$73.12 Million |
|
Sri Rejeki Isman(Sritex)PT
JK:SRIL
|
$73.16 Million |
|
Fortress Biotech Inc
NASDAQ:FBIO
|
$73.17 Million |
|
Korea Ratings Co. Ltd
KQ:034950
|
$73.08 Million |
|
GSD Holding AS
IS:GSDHO
|
$73.06 Million |
|
Leofoo Development Co Ltd
TW:2705
|
$73.02 Million |
|
GE Power India Limited
NSE:GEPIL
|
$73.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jeju Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 535,851,000,000 to 590,108,000,000, a change of 54,257,000,000 (10.1%).
- Net income of 10,416,000,000 contributed positively to equity growth.
- Dividend payments of 8,307,000,000 reduced retained earnings.
- Other factors increased equity by 52,148,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩10.42 Billion | +1.77% |
| Dividends Paid | ₩8.31 Billion | -1.41% |
| Other Changes | ₩52.15 Billion | +8.84% |
| Total Change | ₩- | 10.13% |
Book Value vs Market Value Analysis
This analysis compares Jeju Bank'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: 0.74x
- 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 | ₩18160.67 | ₩13560.00 | x |
| 2018-12-31 | ₩14721.76 | ₩13560.00 | x |
| 2019-12-31 | ₩15490.91 | ₩13560.00 | x |
| 2020-12-31 | ₩15856.22 | ₩13560.00 | x |
| 2021-12-31 | ₩16058.66 | ₩13560.00 | x |
| 2022-12-31 | ₩16242.57 | ₩13560.00 | x |
| 2023-12-31 | ₩16678.23 | ₩13560.00 | x |
| 2024-12-31 | ₩18366.96 | ₩13560.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jeju Bank 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): 1.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.87%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 12.62x
- Recent ROE (1.77%) is below the historical average (6.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 1.90% | 1.14% | 0.07x | 23.64x | ₩-4.95 Billion |
| 2002 | 12.37% | 9.39% | 0.07x | 17.83x | ₩2.39 Billion |
| 2003 | 4.58% | 3.48% | 0.08x | 17.33x | ₩-5.61 Billion |
| 2004 | 5.84% | 4.85% | 0.07x | 17.34x | ₩-4.52 Billion |
| 2005 | 9.30% | 8.64% | 0.06x | 17.25x | ₩-832.90 Million |
| 2006 | 10.70% | 10.34% | 0.06x | 18.76x | ₩926.20 Million |
| 2007 | 9.89% | 8.16% | 0.06x | 19.28x | ₩-153.20 Million |
| 2008 | 12.87% | 11.35% | 0.07x | 16.89x | ₩4.94 Billion |
| 2009 | 6.01% | 7.66% | 0.06x | 13.85x | ₩-8.51 Billion |
| 2010 | 8.03% | 11.20% | 0.06x | 12.82x | ₩-4.65 Billion |
| 2011 | 9.04% | 13.01% | 0.05x | 12.78x | ₩-2.38 Billion |
| 2012 | 9.81% | 15.51% | 0.05x | 11.67x | ₩-517.40 Million |
| 2013 | 7.01% | 11.92% | 0.05x | 10.94x | ₩-8.73 Billion |
| 2014 | 4.54% | 9.53% | 0.04x | 11.38x | ₩-16.69 Billion |
| 2015 | 6.10% | 17.49% | 0.02x | 14.04x | ₩-12.41 Billion |
| 2016 | 7.50% | 22.00% | 0.02x | 15.45x | ₩-8.41 Billion |
| 2017 | 6.21% | 20.71% | 0.02x | 13.74x | ₩-15.34 Billion |
| 2018 | 5.80% | 20.29% | 0.02x | 12.64x | ₩-19.85 Billion |
| 2019 | 5.61% | 21.32% | 0.02x | 12.44x | ₩-21.84 Billion |
| 2020 | 3.44% | 13.11% | 0.02x | 12.82x | ₩-33.42 Billion |
| 2021 | 3.58% | 13.02% | 0.02x | 13.46x | ₩-33.15 Billion |
| 2022 | 4.37% | 13.75% | 0.02x | 14.03x | ₩-29.37 Billion |
| 2023 | 0.95% | 3.03% | 0.02x | 13.37x | ₩-48.48 Billion |
| 2024 | 1.77% | 5.87% | 0.02x | 12.62x | ₩-48.59 Billion |
Industry Comparison
This section compares Jeju Bank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $15,098,599,340,398
- Average return on equity (ROE) among peers: 7.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jeju Bank (006220) | ₩649.93 Billion | 1.90% | 10.88x | $73.09 Million |
| Industrial Bank Of Korea (024110) | $29.11 Trillion | 9.53% | 13.84x | $5.09 Billion |
| Hana Financial (086790) | $24.83 Trillion | 8.20% | 13.50x | $19.46 Billion |
| Dgb Financial (139130) | $3.78 Trillion | 7.79% | 12.54x | $1.56 Billion |
| Jb Financial (175330) | $2.68 Trillion | 4.28% | 13.86x | $2.60 Billion |