Inscobee (006490) - Net Assets
Based on the latest financial reports, Inscobee (006490) has net assets worth ₩28.32 Billion KRW (≈ $19.19 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩77.14 Billion ≈ $52.28 Million USD) and total liabilities (₩48.82 Billion ≈ $33.09 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 Inscobee tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩28.32 Billion |
| % of Total Assets | 36.71% |
| Annual Growth Rate | 2.07% |
| 5-Year Change | 33.57% |
| 10-Year Change | 90.65% |
| Growth Volatility | 40.83 |
Inscobee - Net Assets Trend (2000–2024)
This chart illustrates how Inscobee's net assets have evolved over time, based on quarterly financial data. See Inscobee liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Inscobee (2000–2024)
The table below shows the annual net assets of Inscobee from 2000 to 2024. For live valuation and market cap data, see Inscobee stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩48.39 Billion ≈ $32.79 Million |
+26.17% |
| 2023-12-31 | ₩38.35 Billion ≈ $25.99 Million |
-39.18% |
| 2022-12-31 | ₩63.05 Billion ≈ $42.73 Million |
-4.31% |
| 2021-12-31 | ₩65.89 Billion ≈ $44.65 Million |
+81.89% |
| 2020-12-31 | ₩36.22 Billion ≈ $24.55 Million |
+40.95% |
| 2019-12-31 | ₩25.70 Billion ≈ $17.42 Million |
-16.81% |
| 2018-12-31 | ₩30.89 Billion ≈ $20.94 Million |
-12.01% |
| 2017-12-31 | ₩35.11 Billion ≈ $23.79 Million |
+10.01% |
| 2016-12-31 | ₩31.92 Billion ≈ $21.63 Million |
+25.76% |
| 2015-12-31 | ₩25.38 Billion ≈ $17.20 Million |
+21.32% |
| 2014-12-31 | ₩20.92 Billion ≈ $14.18 Million |
-8.51% |
| 2013-12-31 | ₩22.87 Billion ≈ $15.50 Million |
+106.88% |
| 2007-12-31 | ₩11.05 Billion ≈ $7.49 Million |
-37.39% |
| 2002-12-31 | ₩17.65 Billion ≈ $11.96 Million |
-36.96% |
| 2001-12-31 | ₩28.00 Billion ≈ $18.98 Million |
-5.38% |
| 2000-12-31 | ₩29.60 Billion ≈ $20.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Inscobee'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 decreased by 9292568733000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩140.33 Billion | 296.02% |
| Total Equity | ₩47.41 Billion | 100.00% |
Inscobee Competitors by Market Cap
The table below lists competitors of Inscobee ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ACCESS Newswire Inc.
NYSE MKT:ACCS
|
$25.07 Million |
|
Foremost Lithium Resource & Technology Ltd. Common stock
NASDAQ:FMST
|
$25.07 Million |
|
Atec T& Co. Ltd
KQ:224110
|
$25.07 Million |
|
Kurniamitra Duta Sentosa Tbk
JK:KMDS
|
$25.08 Million |
|
THE INX DIGITAL CO.INC.
F:FN4
|
$25.03 Million |
|
KD Chem Co. Ltd
KQ:221980
|
$25.02 Million |
|
Rexit Bhd
KLSE:0106
|
$25.01 Million |
|
VIP Clothing Limited
NSE:VIPCLOTHNG
|
$24.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Inscobee's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,417,291,870 to 47,406,060,470, a change of 8,988,768,600 (23.4%).
- Net income of 2,979,496,910 contributed positively to equity growth.
- Other factors increased equity by 6,009,271,690.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.98 Billion | +6.29% |
| Other Changes | ₩6.01 Billion | +12.68% |
| Total Change | ₩- | 23.40% |
Book Value vs Market Value Analysis
This analysis compares Inscobee'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: 0.75x
- 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 | ₩411.92 | ₩299.00 | x |
| 2018-12-31 | ₩347.82 | ₩299.00 | x |
| 2019-12-31 | ₩261.98 | ₩299.00 | x |
| 2020-12-31 | ₩359.70 | ₩299.00 | x |
| 2021-12-31 | ₩604.46 | ₩299.00 | x |
| 2022-12-31 | ₩566.96 | ₩299.00 | x |
| 2023-12-31 | ₩333.20 | ₩299.00 | x |
| 2024-12-31 | ₩400.17 | ₩299.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Inscobee 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): 6.29%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.96%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.91x
- Recent ROE (6.29%) is above the historical average (-27.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 22.49% | 10.29% | 0.72x | 3.05x | ₩1.20 Billion |
| 2013 | -31.12% | -57.65% | 0.47x | 1.14x | ₩-9.40 Billion |
| 2014 | -38.04% | -30.88% | 1.08x | 1.14x | ₩-10.05 Billion |
| 2015 | -90.68% | -144.07% | 0.34x | 1.88x | ₩-26.09 Billion |
| 2016 | -18.43% | -16.50% | 0.82x | 1.36x | ₩-9.44 Billion |
| 2017 | -1.42% | -1.03% | 1.05x | 1.31x | ₩-4.11 Billion |
| 2018 | -26.95% | -14.21% | 1.02x | 1.86x | ₩-11.41 Billion |
| 2019 | -98.68% | -33.08% | 1.48x | 2.01x | ₩-27.43 Billion |
| 2020 | 7.10% | 4.42% | 0.83x | 1.93x | ₩-1.04 Billion |
| 2021 | 8.05% | 7.40% | 0.66x | 1.66x | ₩-1.28 Billion |
| 2022 | -11.48% | -9.43% | 0.76x | 1.61x | ₩-13.53 Billion |
| 2023 | -78.55% | -30.23% | 1.30x | 1.99x | ₩-34.02 Billion |
| 2024 | 6.29% | 2.96% | 1.11x | 1.91x | ₩-1.76 Billion |
Industry Comparison
This section compares Inscobee's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $4,906,291,557,011
- Average return on equity (ROE) among peers: 5.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Inscobee (006490) | ₩28.32 Billion | 22.49% | 1.72x | $25.04 Million |
| SK Telecom Co Ltd (017670) | $12.23 Trillion | 8.94% | 1.46x | $13.84 Billion |
| KT Corporation (030200) | $13.76 Trillion | 8.09% | 1.18x | $8.74 Billion |
| LG Uplus (032640) | $7.96 Trillion | 8.95% | 1.43x | $4.42 Billion |
| KTIS Corporation (058860) | $204.09 Billion | 6.82% | 1.19x | $53.85 Million |
| Wiable Corp (065530) | $69.90 Billion | 2.96% | 1.14x | $43.51 Million |
| Uangel (072130) | $35.42 Billion | -1.71% | 0.37x | $41.09 Million |
| Telcoware (078000) | $89.22 Billion | 6.23% | 0.25x | $49.13 Million |
About Inscobee
Inscobee., Inc. engages in the smart grid, mobile virtual network operator (MVNO), bio, watch, and distribution businesses in South Korea and Hong Kong. It offers power meter modems, data concentrators, and power meter solutions; and provides budget phone communication services. In addition, the company manufactures watches, and distributes cosmetics, watches, alcoholic beverages, and health food… Read more