E1 Corporation (017940) - Net Assets

Latest as of December 2025: ₩2.61 Trillion KRW ≈ $1.77 Billion USD

Based on the latest financial reports, E1 Corporation (017940) has net assets worth ₩2.61 Trillion KRW (≈ $1.77 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩15.92 Trillion ≈ $10.79 Billion USD) and total liabilities (₩13.31 Trillion ≈ $9.02 Billion 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 E1 Corporation tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩2.61 Trillion
% of Total Assets	16.39%
Annual Growth Rate	9.02%
5-Year Change	89.98%
10-Year Change	120.52%
Growth Volatility	10.35

E1 Corporation - Net Assets Trend (2007–2025)

This chart illustrates how E1 Corporation's net assets have evolved over time, based on quarterly financial data. See E1 Corporation (017940) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for E1 Corporation (2007–2025)

The table below shows the annual net assets of E1 Corporation from 2007 to 2025. For live valuation and market cap data, see 017940 market cap overview.

Year	Net Assets	Change
2025-12-31	₩2.61 Trillion ≈ $1.77 Billion	+19.19%
2024-12-31	₩2.19 Trillion ≈ $1.48 Billion	+28.91%
2023-12-31	₩1.70 Trillion ≈ $1.15 Billion	+12.43%
2022-12-31	₩1.51 Trillion ≈ $1.02 Billion	+9.97%
2021-12-31	₩1.37 Trillion ≈ $930.74 Million	+10.45%
2020-12-31	₩1.24 Trillion ≈ $842.68 Million	+3.34%
2019-12-31	₩1.20 Trillion ≈ $815.45 Million	-8.56%
2018-12-31	₩1.32 Trillion ≈ $891.77 Million	+5.19%
2017-12-31	₩1.25 Trillion ≈ $847.81 Million	+5.73%
2016-12-31	₩1.18 Trillion ≈ $801.86 Million	-4.27%
2015-12-31	₩1.24 Trillion ≈ $837.63 Million	-0.86%
2014-12-31	₩1.25 Trillion ≈ $844.92 Million	+2.08%
2013-12-31	₩1.22 Trillion ≈ $827.68 Million	+1.76%
2012-12-31	₩1.20 Trillion ≈ $813.33 Million	+6.27%
2011-12-31	₩1.13 Trillion ≈ $765.31 Million	+18.65%
2010-12-31	₩951.81 Billion ≈ $645.03 Million	+16.63%
2009-12-31	₩816.13 Billion ≈ $553.08 Million	+31.53%
2008-12-31	₩620.49 Billion ≈ $420.49 Million	+12.58%
2007-12-31	₩551.15 Billion ≈ $373.50 Million	--

Equity Component Analysis

This analysis shows how different components contribute to E1 Corporation'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 203092387570000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩2.03 Trillion	100.44%
Total Equity	₩2.02 Trillion	100.00%

E1 Corporation Competitors by Market Cap

The table below lists competitors of E1 Corporation ranked by their market capitalization.

Company	Market Cap
Atria Oyj A HE:ATRAV	$333.19 Million
Zhuhai Winbase International Chemical Tank Terminal Co Ltd SHE:002492	$333.66 Million
Shenyang Huitian Thermal Power Co Ltd SHE:000692	$333.71 Million
Biofarm Bucure RO:BIO	$333.73 Million
63 moons technologies limited NSE:63MOONS	$333.03 Million
Seah Holdings KO:058650	$332.90 Million
Morguard Real Estate Investment Trust TO:MRT-UN	$332.82 Million
Lanzhou Zhuangyuan Pasture Co Ltd SHE:002910	$332.79 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in E1 Corporation's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,663,093,599,560 to 2,022,023,758,000, a change of 358,930,158,440 (21.6%).
Net income of 104,790,066,990 contributed positively to equity growth.
Dividend payments of 34,299,480,990 reduced retained earnings.
Other factors increased equity by 288,439,572,440.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩104.79 Billion	+5.18%
Dividends Paid	₩34.30 Billion	-1.7%
Other Changes	₩288.44 Billion	+14.26%
Total Change	₩-	21.58%

Book Value vs Market Value Analysis

This analysis compares E1 Corporation'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: 0.24x
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 decreased from 0.42x to 0.24x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	₩203111.92	₩85000.00	x
2018-12-31	₩214141.53	₩85000.00	x
2019-12-31	₩197299.35	₩85000.00	x
2020-12-31	₩201083.00	₩85000.00	x
2021-12-31	₩226210.24	₩85000.00	x
2022-12-31	₩249560.37	₩85000.00	x
2023-12-31	₩280943.44	₩85000.00	x
2024-12-31	₩287645.32	₩85000.00	x
2025-12-31	₩349725.15	₩85000.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently E1 Corporation 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): 5.18%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.01%
• Asset Turnover: 0.65x
• Equity Multiplier: 7.87x
Recent ROE (5.18%) is below the historical average (5.92%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	12.61%	2.27%	1.53x	3.63x	₩13.40 Billion
2008	9.62%	1.06%	2.48x	3.67x	₩-2.13 Billion
2010	6.93%	0.95%	2.00x	3.66x	₩-24.35 Billion
2011	6.51%	0.92%	2.16x	3.30x	₩-34.64 Billion
2012	8.21%	1.18%	2.11x	3.31x	₩-18.99 Billion
2013	3.37%	0.52%	1.99x	3.27x	₩-73.51 Billion
2014	3.60%	0.59%	1.89x	3.21x	₩-73.08 Billion
2015	0.87%	0.22%	1.31x	3.05x	₩-105.07 Billion
2016	-2.39%	-0.66%	1.13x	3.20x	₩-137.43 Billion
2017	7.19%	1.91%	1.27x	2.95x	₩-33.02 Billion
2018	6.31%	1.69%	1.30x	2.88x	₩-45.72 Billion
2019	-3.78%	-0.94%	1.28x	3.15x	₩-157.24 Billion
2020	5.09%	1.53%	1.05x	3.15x	₩-58.19 Billion
2021	10.07%	2.56%	1.29x	3.06x	₩969.10 Million
2022	9.83%	1.78%	1.84x	3.01x	₩-2.43 Billion
2023	13.12%	2.72%	1.70x	2.83x	₩50.75 Billion
2024	4.21%	0.63%	0.77x	8.74x	₩-96.33 Billion
2025	5.18%	1.01%	0.65x	7.87x	₩-97.41 Billion

Industry Comparison

This section compares E1 Corporation's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.

Industry Context

Industry: Oil & Gas Refining & Marketing
Average net assets among peers: $4,437,063,808,494
Average return on equity (ROE) among peers: 11.29%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
E1 Corporation (017940)	₩2.61 Trillion	12.61%	5.10x	$333.05 Million
Hankook Shell Oil (002960)	$90.03 Billion	32.88%	0.36x	$440.06 Million
Mi Chang Oil (003650)	$181.70 Billion	9.60%	0.14x	$128.99 Million
SK Discovery Co Ltd (006120)	$1.74 Trillion	4.52%	1.87x	$505.13 Million
SK Discovery Co Ltd (006125)	$1.78 Trillion	-1.73%	1.73x	$32.18 Million
S-Oil Corp (010950)	$6.84 Trillion	18.22%	1.20x	$8.02 Billion
S-Oil Corp Pref (010955)	$8.70 Trillion	-2.22%	1.81x	$140.19 Million
The LEADCORP Inc (012700)	$179.41 Billion	19.44%	1.85x	$49.87 Million
Sk Gas (018670)	$2.12 Trillion	11.77%	1.42x	$1.32 Billion
SK Innovation (096770)	$18.31 Trillion	9.13%	0.78x	$11.64 Billion

About E1 Corporation

KO:017940 Korea Oil & Gas Refining & Marketing

Market Cap

$333.05 Million

₩491.45 Billion KRW

Market Cap Rank

#14421 Global

#469 in Korea

Share Price

₩85000.00

Change (1 day)

-0.47%

52-Week Range

₩71500.00 - ₩112500.00

All Time High

₩112500.00