Yesco Holdings Co. Ltd (015360) - Net Assets
Based on the latest financial reports, Yesco Holdings Co. Ltd (015360) has net assets worth ₩683.53 Billion KRW (≈ $463.22 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.66 Trillion ≈ $1.13 Billion USD) and total liabilities (₩978.22 Billion ≈ $662.93 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 015360 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩683.53 Billion |
| % of Total Assets | 41.13% |
| Annual Growth Rate | 0.79% |
| 5-Year Change | 20.96% |
| 10-Year Change | -4.34% |
| Growth Volatility | 10.15 |
Yesco Holdings Co. Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Yesco Holdings Co. Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Yesco Holdings Co. Ltd (015360) market capitalisation.
Annual Net Assets for Yesco Holdings Co. Ltd (2009–2025)
The table below shows the annual net assets of Yesco Holdings Co. Ltd from 2009 to 2025. Also explore 015360 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩645.40 Billion ≈ $437.38 Million |
+35.40% |
| 2024-12-31 | ₩476.68 Billion ≈ $323.04 Million |
-5.24% |
| 2023-12-31 | ₩503.01 Billion ≈ $340.88 Million |
-3.18% |
| 2022-12-31 | ₩519.54 Billion ≈ $352.08 Million |
-2.63% |
| 2021-12-31 | ₩533.56 Billion ≈ $361.58 Million |
+2.35% |
| 2020-12-31 | ₩521.31 Billion ≈ $353.28 Million |
-14.40% |
| 2019-12-31 | ₩608.99 Billion ≈ $412.70 Million |
-5.88% |
| 2018-12-31 | ₩647.04 Billion ≈ $438.49 Million |
-7.22% |
| 2017-12-31 | ₩697.42 Billion ≈ $472.63 Million |
+3.37% |
| 2016-12-31 | ₩674.66 Billion ≈ $457.21 Million |
+4.22% |
| 2015-12-31 | ₩647.35 Billion ≈ $438.70 Million |
+2.14% |
| 2014-12-31 | ₩633.78 Billion ≈ $429.51 Million |
-0.09% |
| 2013-12-31 | ₩634.33 Billion ≈ $429.87 Million |
+1.37% |
| 2012-12-31 | ₩625.73 Billion ≈ $424.05 Million |
+2.97% |
| 2011-12-31 | ₩607.71 Billion ≈ $411.84 Million |
+1.14% |
| 2010-12-31 | ₩600.86 Billion ≈ $407.19 Million |
+5.53% |
| 2009-12-31 | ₩569.39 Billion ≈ $385.87 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Yesco Holdings Co. Ltd'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 52158332800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩521.58 Billion | 80.82% |
| Other Components | ₩123.81 Billion | 19.18% |
| Total Equity | ₩645.40 Billion | 100.00% |
Yesco Holdings Co. Ltd Competitors by Market Cap
The table below lists competitors of Yesco Holdings Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Saturn Metals Ltd
AU:STN
|
$216.18 Million |
|
SmartRent Inc
NYSE:SMRT
|
$222.27 Million |
|
Shin Yang Shipping Corporation Bhd
KLSE:5173
|
$218.46 Million |
|
Kolmar Holding
KO:024720
|
$218.48 Million |
|
Vestland Berhad
KLSE:0273
|
$218.12 Million |
|
104 Corporation
TW:3130
|
$218.03 Million |
|
Kepler Weber S.A
SA:KEPL3
|
$218.01 Million |
|
Eastern Water Resources Development and Management Public Company Limited
F:7ES1
|
$217.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yesco Holdings Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 476,675,264,000 to 645,396,467,000, a change of 168,721,203,000 (35.4%).
- Net income of 86,715,394,000 contributed positively to equity growth.
- Dividend payments of 12,843,000,000 reduced retained earnings.
- New share issuances of 5,806,620,000 increased equity.
- Other factors increased equity by 89,042,189,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩86.72 Billion | +13.44% |
| Dividends Paid | ₩12.84 Billion | -1.99% |
| Share Issuances | ₩5.81 Billion | +0.9% |
| Other Changes | ₩89.04 Billion | +13.8% |
| Total Change | ₩- | 35.40% |
Book Value vs Market Value Analysis
This analysis compares Yesco Holdings Co. Ltd'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: 0.50x
- 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 increased from 0.11x to 0.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩126562.73 | ₩14450.00 | x |
| 2018-12-31 | ₩137418.00 | ₩14450.00 | x |
| 2019-12-31 | ₩129139.14 | ₩14450.00 | x |
| 2020-12-31 | ₩111516.41 | ₩14450.00 | x |
| 2021-12-31 | ₩114939.24 | ₩14450.00 | x |
| 2022-12-31 | ₩22534.61 | ₩14450.00 | x |
| 2023-12-31 | ₩109369.08 | ₩14450.00 | x |
| 2024-12-31 | ₩22269.34 | ₩14450.00 | x |
| 2025-12-31 | ₩29078.46 | ₩14450.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yesco Holdings Co. Ltd 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): 13.44%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.53%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.41x
- Recent ROE (13.44%) is above the historical average (3.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 3.52% | 1.54% | 0.84x | 2.72x | ₩-33.75 Billion |
| 2010 | 6.84% | 2.69% | 1.06x | 2.39x | ₩-17.37 Billion |
| 2011 | 3.72% | 1.45% | 1.10x | 2.33x | ₩-34.99 Billion |
| 2012 | 4.79% | 1.89% | 1.06x | 2.40x | ₩-29.82 Billion |
| 2013 | 2.51% | 0.97% | 1.12x | 2.32x | ₩-43.55 Billion |
| 2014 | 1.79% | 0.75% | 1.03x | 2.32x | ₩-47.67 Billion |
| 2015 | 2.67% | 1.32% | 0.95x | 2.14x | ₩-43.29 Billion |
| 2016 | 5.70% | 3.33% | 0.82x | 2.09x | ₩-26.48 Billion |
| 2017 | 3.54% | 2.03% | 0.78x | 2.25x | ₩-41.29 Billion |
| 2018 | 1.20% | 0.64% | 0.72x | 2.59x | ₩-51.58 Billion |
| 2019 | 3.57% | 1.77% | 0.72x | 2.80x | ₩-35.42 Billion |
| 2020 | -14.22% | -6.03% | 0.72x | 3.29x | ₩-115.20 Billion |
| 2021 | 4.41% | 1.71% | 0.89x | 2.90x | ₩-27.43 Billion |
| 2022 | -2.07% | -0.68% | 0.99x | 3.10x | ₩-58.03 Billion |
| 2023 | 5.07% | 2.07% | 0.84x | 2.91x | ₩-23.02 Billion |
| 2024 | 6.09% | 2.50% | 0.96x | 2.55x | ₩-18.63 Billion |
| 2025 | 13.44% | 6.53% | 0.85x | 2.41x | ₩22.18 Billion |
Industry Comparison
This section compares Yesco Holdings Co. Ltd's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $1,104,214,543,789
- Average return on equity (ROE) among peers: 7.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yesco Holdings Co. Ltd (015360) | ₩683.53 Billion | 3.52% | 1.43x | $217.35 Million |
| Samchully (004690) | $566.73 Billion | 7.93% | 1.04x | $306.76 Million |
| Taekyung Chem (006890) | $124.20 Billion | 6.23% | 0.13x | $38.14 Million |
| Kyungdong Gas (012320) | $236.66 Billion | 11.76% | 1.05x | $70.41 Million |
| Daesung Holdin (016710) | $159.93 Billion | 4.15% | 2.24x | $75.34 Million |
| Seoul City Gas (017390) | $290.45 Billion | 15.26% | 1.38x | $147.39 Million |
| Incheon City G (034590) | $180.06 Billion | 8.95% | 0.93x | $73.89 Million |
| Korea Gas Corporation (036460) | $8.15 Trillion | 0.48% | 3.83x | $2.15 Billion |
| GSE Co. Ltd (053050) | $50.82 Billion | 10.20% | 1.58x | $39.10 Million |
| Daesung Energy (117580) | $182.56 Billion | 5.63% | 1.73x | $131.40 Million |
About Yesco Holdings Co. Ltd
INVENI Co., Ltd. engages in the supply of city gas in South Korea. The company is also involved in the investment businesses. In addition, the company provides CNG charging. The company was formerly known as Yesco Holdings Co., Ltd. and changed its name to INVENI Co., Ltd. in March 2025. INVENI Co., Ltd. was founded in 1981 and is headquartered in Seoul, South Korea.