E-Starco (015020) - Net Assets

Latest as of September 2025: ₩38.64 Billion KRW ≈ $26.19 Million USD

Based on the latest financial reports, E-Starco (015020) has net assets worth ₩38.64 Billion KRW (≈ $26.19 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 (₩82.96 Billion ≈ $56.22 Million USD) and total liabilities (₩44.31 Billion ≈ $30.03 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 015020 financial resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is E-Starco's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for E-Starco (2000–2024)

The table below shows the annual net assets of E-Starco from 2000 to 2024. For live valuation and market cap data, see 015020 stock market capitalisation.

Year	Net Assets	Change
2024-12-31	₩37.44 Billion ≈ $25.37 Million	-11.67%
2023-12-31	₩42.38 Billion ≈ $28.72 Million	-6.45%
2022-12-31	₩45.30 Billion ≈ $30.70 Million	-9.98%
2021-12-31	₩50.33 Billion ≈ $34.11 Million	+3.07%
2020-12-31	₩48.83 Billion ≈ $33.09 Million	-0.12%
2019-12-31	₩48.89 Billion ≈ $33.13 Million	+42.10%
2018-12-31	₩34.40 Billion ≈ $23.31 Million	-12.47%
2017-12-31	₩39.30 Billion ≈ $26.64 Million	-6.95%
2016-12-31	₩42.24 Billion ≈ $28.63 Million	-18.23%
2015-12-31	₩51.66 Billion ≈ $35.01 Million	+6.08%
2014-12-31	₩48.69 Billion ≈ $33.00 Million	-6.12%
2013-12-31	₩51.87 Billion ≈ $35.15 Million	+55.66%
2012-12-31	₩33.32 Billion ≈ $22.58 Million	-14.82%
2011-12-31	₩39.12 Billion ≈ $26.51 Million	-13.96%
2009-12-31	₩45.46 Billion ≈ $30.81 Million	+8.50%
2008-12-31	₩41.90 Billion ≈ $28.40 Million	+11.58%
2007-12-31	₩37.55 Billion ≈ $25.45 Million	+0.36%
2006-12-31	₩37.42 Billion ≈ $25.36 Million	+6.88%
2005-12-31	₩35.01 Billion ≈ $23.72 Million	-1.90%
2004-12-31	₩35.69 Billion ≈ $24.18 Million	-10.56%
2003-12-31	₩39.90 Billion ≈ $27.04 Million	-17.17%
2002-12-31	₩48.17 Billion ≈ $32.64 Million	+24.45%
2001-12-31	₩38.71 Billion ≈ $26.23 Million	+2.86%
2000-12-31	₩37.63 Billion ≈ $25.50 Million	--

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
Zenith Exports Limited NSE:ZENITHEXPO	$12.55 Million
Country Heights Holdings Bhd KLSE:5738	$12.55 Million
Lanthanein Resources Ltd AU:LNR	$12.55 Million
Perak Corporation Bhd KLSE:8346	$12.55 Million
Gti Energy Ltd AU:GTR	$12.54 Million
Orissa Bengal Carrier Limited NSE:OBCL	$12.54 Million
TRIBECA RESOURCES CORPORA F:381	$12.54 Million
Turmalina Metals Corp V:TBX	$12.53 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: $12,982,537,641,815
Average return on equity (ROE) among peers: 2.57%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
E-Starco (015020)	₩38.64 Billion	0.89%	1.15x	$12.54 Million
Samyang Holdings (000070)	$3.00 Trillion	0.94%	0.76x	$317.93 Million
Doosan (000150)	$6.82 Trillion	6.16%	3.28x	$9.19 Billion
Doosan Pref Shs (000155)	$7.60 Trillion	0.53%	2.78x	$1.50 Billion
Doosan Co Ltd (000157)	$7.90 Trillion	2.49%	2.63x	$323.04 Million
Hanwha (000880)	$4.62 Trillion	5.91%	10.91x	$6.27 Billion
Hanwha Corp. Pfd. Series 1 (000885)	$33.18 Trillion	3.54%	4.94x	$5.70 Million
Hanwha Corp Preferred (00088K)	$16.95 Trillion	2.76%	9.00x	$657.61 Million
CJ Corp (001040)	$17.89 Trillion	1.09%	1.64x	$4.12 Billion
Cj Corp Pref (001045)	$16.46 Trillion	1.67%	1.55x	$137.94 Million
CJ Corp 4P Pref (00104K)	$15.40 Trillion	0.56%	1.60x	$548.23 Million

About E-Starco

KO:015020 Korea Conglomerates

Market Cap

$12.54 Million

₩18.51 Billion KRW

Market Cap Rank

#26295 Global

#1959 in Korea

Share Price

₩464.00

Change (1 day)

+0.00%

52-Week Range

₩415.00 - ₩1668.00

All Time High

₩7200.00