E-Starco
E-Starco. Co. Ltd engages in the real estate business. The company sells houses and commercial buildings; and leases owned and unsold real estate properties. It also operates entrance exam academies and tutoring academies. The company was formerly known as Starco Company Limited and changed its name to E-Starco. Co. Ltd in January 2006. The company was founded in 1980 and is headquartered in Seou… Read more
E-Starco (015020) - Net Assets
Latest net assets as of September 2025: ₩38.64 Billion KRW
Based on the latest financial reports, E-Starco (015020) has net assets worth ₩38.64 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 (₩82.96 Billion) and total liabilities (₩44.31 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 | ₩38.64 Billion |
| % of Total Assets | 46.58% |
| Annual Growth Rate | -0.02% |
| 5-Year Change | -23.33% |
| 10-Year Change | -27.53% |
| Growth Volatility | 17.95 |
E-Starco - Net Assets Trend (2000–2024)
This chart illustrates how E-Starco's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for E-Starco (2000–2024)
The table below shows the annual net assets of E-Starco from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩37.44 Billion | -11.67% |
| 2023-12-31 | ₩42.38 Billion | -6.45% |
| 2022-12-31 | ₩45.30 Billion | -9.98% |
| 2021-12-31 | ₩50.33 Billion | +3.07% |
| 2020-12-31 | ₩48.83 Billion | -0.12% |
| 2019-12-31 | ₩48.89 Billion | +42.10% |
| 2018-12-31 | ₩34.40 Billion | -12.47% |
| 2017-12-31 | ₩39.30 Billion | -6.95% |
| 2016-12-31 | ₩42.24 Billion | -18.23% |
| 2015-12-31 | ₩51.66 Billion | +6.08% |
| 2014-12-31 | ₩48.69 Billion | -6.12% |
| 2013-12-31 | ₩51.87 Billion | +55.66% |
| 2012-12-31 | ₩33.32 Billion | -14.82% |
| 2011-12-31 | ₩39.12 Billion | -13.96% |
| 2009-12-31 | ₩45.46 Billion | +8.50% |
| 2008-12-31 | ₩41.90 Billion | +11.58% |
| 2007-12-31 | ₩37.55 Billion | +0.36% |
| 2006-12-31 | ₩37.42 Billion | +6.88% |
| 2005-12-31 | ₩35.01 Billion | -1.90% |
| 2004-12-31 | ₩35.69 Billion | -10.56% |
| 2003-12-31 | ₩39.90 Billion | -17.17% |
| 2002-12-31 | ₩48.17 Billion | +24.45% |
| 2001-12-31 | ₩38.71 Billion | +2.86% |
| 2000-12-31 | ₩37.63 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to E-Starco'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 1523350304000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩15.23 Billion | 40.69% |
| Other Components | ₩22.20 Billion | 59.31% |
| Total Equity | ₩37.44 Billion | 100.00% |
E-Starco Competitors by Market Cap
The table below lists competitors of E-Starco ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eagle Football Group SA
PA:EFG
|
$9.32 Million |
|
eMnet Inc
KQ:123570
|
$9.32 Million |
|
ecotel communication ag
XETRA:E4C
|
$9.32 Million |
|
Borgestad A
OL:BOR
|
$9.33 Million |
|
Shape Robotics AS
CO:SHAPE
|
$9.31 Million |
|
Sadbhav Engineering Limited
NSE:SADBHAV
|
$9.31 Million |
|
Rugby Mining Limited
PINK:RBMNF
|
$9.31 Million |
|
EverGen Infrastructure Corp
OTCQX:EVGIF
|
$9.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in E-Starco's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 42,382,566,630 to 37,436,333,040, a change of -4,946,233,590 (-11.7%).
- Net loss of 4,946,233,580 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-4.95 Billion | -13.21% |
| Other Changes | ₩-10.00 | -0.0% |
| Total Change | ₩- | -11.67% |
Book Value vs Market Value Analysis
This analysis compares E-Starco'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 | ₩1063.22 | ₩464.00 | x |
| 2018-12-31 | ₩949.65 | ₩464.00 | x |
| 2019-12-31 | ₩1257.00 | ₩464.00 | x |
| 2020-12-31 | ₩1255.53 | ₩464.00 | x |
| 2021-12-31 | ₩1294.03 | ₩464.00 | x |
| 2022-12-31 | ₩1164.90 | ₩464.00 | x |
| 2023-12-31 | ₩1089.78 | ₩464.00 | x |
| 2024-12-31 | ₩962.60 | ₩464.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently E-Starco 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): -13.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -43.04%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 2.08x
- Recent ROE (-13.21%) is below the historical average (3.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.89% | 1.32% | 0.44x | 1.53x | ₩-3.43 Billion |
| 2001 | 2.67% | 2.34% | 0.71x | 1.60x | ₩-2.84 Billion |
| 2002 | 20.31% | 11.05% | 1.01x | 1.82x | ₩4.97 Billion |
| 2003 | 22.45% | 10.08% | 1.04x | 2.15x | ₩4.97 Billion |
| 2006 | 6.78% | 6.26% | 0.37x | 2.90x | ₩-1.20 Billion |
| 2007 | 2.93% | 3.29% | 0.31x | 2.84x | ₩-2.66 Billion |
| 2008 | 12.68% | 11.63% | 0.49x | 2.23x | ₩1.12 Billion |
| 2009 | 9.95% | 10.52% | 0.52x | 1.81x | ₩-20.84 Million |
| 2013 | 35.34% | 39.65% | 0.50x | 1.79x | ₩13.10 Billion |
| 2014 | -6.30% | -13.17% | 0.33x | 1.45x | ₩-7.91 Billion |
| 2015 | 2.30% | 4.89% | 0.21x | 2.27x | ₩-3.92 Billion |
| 2016 | -18.91% | -59.19% | 0.12x | 2.73x | ₩-12.42 Billion |
| 2017 | -4.51% | -3.46% | 0.61x | 2.13x | ₩-6.00 Billion |
| 2018 | -11.26% | -15.65% | 0.33x | 2.18x | ₩-7.85 Billion |
| 2019 | 22.40% | 45.99% | 0.30x | 1.61x | ₩6.06 Billion |
| 2020 | -0.12% | -0.97% | 0.08x | 1.45x | ₩-4.94 Billion |
| 2021 | 2.98% | 21.21% | 0.09x | 1.63x | ₩-3.54 Billion |
| 2022 | -11.08% | -65.84% | 0.10x | 1.76x | ₩-9.55 Billion |
| 2023 | -6.89% | -22.02% | 0.17x | 1.88x | ₩-7.16 Billion |
| 2024 | -13.21% | -43.04% | 0.15x | 2.08x | ₩-8.69 Billion |
Industry Comparison
This section compares E-Starco's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $5,885,751,880,295
- Average return on equity (ROE) among peers: 1.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| E-Starco (015020) | ₩38.64 Billion | 0.89% | 1.15x | $9.32 Million |
| Doosan (000150) | $3.17 Trillion | 2.32% | 4.42x | $7.78 Billion |
| Doosan Pref Shs (000155) | $7.71 Trillion | -7.18% | 2.91x | $3.91 Billion |
| Doosan Co Ltd (000157) | $7.15 Trillion | -1.64% | 3.04x | $833.50 Million |
| Hanwha Corp. Pfd. Series 1 (000885) | $13.65 Trillion | -2.09% | 9.67x | $738.15 Million |
| Hanwha Corp Preferred (00088K) | $14.23 Trillion | 3.46% | 9.88x | $892.93 Million |
| Cj Corp Pref (001045) | $9.86 Trillion | 2.09% | 1.39x | $914.06 Million |
| LX International Corp (001120) | $654.45 Billion | 14.28% | 3.82x | $773.58 Million |
| Kg Chemical (001390) | $192.43 Billion | 3.19% | 1.23x | $130.84 Million |
| SK Networks Co Ltd (001740) | $2.25 Trillion | 1.54% | 2.91x | $348.44 Million |
| Hanchang (005110) | $3.47 Billion | 0.00% | 16.09x | $12.60 Million |