Asiana Airline

KO:020560 Korea Airlines
Market Cap
$988.62 Million
₩1.45 Trillion KRW
Market Cap Rank
#13885 Global
#380 in Korea
Share Price
₩7030.00
Change (1 day)
+0.86%
52-Week Range
₩6670.00 - ₩10610.00
All Time High
₩29150.00
Categories
Companies in Korea Airlines
About

Asiana Airlines, Inc. engages in air transportation business in South Korea and internationally. It operates through Air Transport, IT, Air Transport Support, and Others segments. The company engages in the carriage of passengers, cargo, and ancillary services related to the airline and travel industries; and provision of aircraft repair and maintenance, reservation, and IT and computer reservati… Read more

Asiana Airline (020560) - Net Assets

Latest net assets as of September 2025: ₩939.24 Billion KRW

Based on the latest financial reports, Asiana Airline (020560) has net assets worth ₩939.24 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 (₩12.09 Trillion) and total liabilities (₩11.15 Trillion). 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 ₩939.24 Billion
% of Total Assets 7.77%
Annual Growth Rate 2.27%
5-Year Change -7.91%
10-Year Change 17.8%
Growth Volatility 23.47

Asiana Airline - Net Assets Trend (2001–2024)

This chart illustrates how Asiana Airline's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Asiana Airline (2001–2024)

The table below shows the annual net assets of Asiana Airline from 2001 to 2024.

Year Net Assets Change
2024-12-31 ₩1.00 Trillion +23.79%
2023-12-31 ₩810.35 Billion +13.23%
2022-12-31 ₩715.65 Billion +37.33%
2021-12-31 ₩521.10 Billion -52.16%
2020-12-31 ₩1.09 Trillion +19.93%
2019-12-31 ₩908.29 Billion -16.91%
2018-12-31 ₩1.09 Trillion -12.02%
2017-12-31 ₩1.24 Trillion +19.26%
2016-12-31 ₩1.04 Trillion +22.34%
2015-12-31 ₩851.58 Billion -23.91%
2014-12-31 ₩1.12 Trillion +23.89%
2013-12-31 ₩903.31 Billion -10.11%
2012-12-31 ₩1.00 Trillion +16.67%
2011-12-31 ₩861.29 Billion -17.93%
2010-12-31 ₩1.05 Trillion +39.58%
2009-12-31 ₩751.90 Billion -6.15%
2008-12-31 ₩801.13 Billion -29.38%
2007-12-31 ₩1.13 Trillion +7.00%
2006-12-31 ₩1.06 Trillion +13.17%
2005-12-31 ₩936.81 Billion +6.53%
2004-12-31 ₩879.34 Billion +46.64%
2003-12-31 ₩599.65 Billion -0.13%
2002-12-31 ₩600.46 Billion +0.35%
2001-12-31 ₩598.37 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Asiana Airline'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 146271122178000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components ₩2.36 Trillion 263.27%
Total Equity ₩895.89 Billion 100.00%

Asiana Airline Competitors by Market Cap

The table below lists competitors of Asiana Airline ranked by their market capitalization.

Company Market Cap
Mudanjiang Hengfeng Paper Co Ltd
SHG:600356
 		$247.38 Million
Beijing Jingyeda Technology Co Ltd
SHE:003005
 		$247.39 Million
Transport Corporation of India Limited
NSE:TCI
 		$247.48 Million
Fortune Ng Fung Food Hebei Co Ltd
SHG:600965
 		$247.58 Million
GuocoLand Limited
MU:FS8
 		$247.32 Million
Athens Water Supply and Sewerage Company S.A
PINK:AHWSF
 		$247.30 Million
Mako Mining Corp
OTCQX:MAKOF
 		$247.29 Million
Anhui Fengxing Wear Resistant Materials Co Ltd
SHE:002760
 		$247.26 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 680,006,234,170 to 895,887,715,930, a change of 215,881,481,760 (31.7%).
  • Net loss of 419,231,418,100 reduced equity.
  • Dividend payments of 100,811,736,050 reduced retained earnings.
  • New share issuances of 796,733,390,080 increased equity.
  • Other factors decreased equity by 60,808,754,170.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩-419.23 Billion -46.8%
Dividends Paid ₩100.81 Billion -11.25%
Share Issuances ₩796.73 Billion +88.93%
Other Changes ₩-60.81 Billion -6.79%
Total Change ₩- 31.75%

Book Value vs Market Value Analysis

This analysis compares Asiana Airline'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: 1.62x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.42x to 1.62x 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 ₩16822.17 ₩7030.00 x
2018-12-31 ₩13729.92 ₩7030.00 x
2019-12-31 ₩10656.91 ₩7030.00 x
2020-12-31 ₩41654.45 ₩7030.00 x
2021-12-31 ₩6785.69 ₩7030.00 x
2022-12-31 ₩9288.92 ₩7030.00 x
2023-12-31 ₩9138.42 ₩7030.00 x
2024-12-31 ₩4349.17 ₩7030.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Asiana Airline 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): -46.80%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -5.04%
  • • Asset Turnover: 0.62x
  • • Equity Multiplier: 15.01x
  • Recent ROE (-46.80%) is below the historical average (-7.00%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 23.84% 5.46% 0.65x 6.72x ₩81.55 Billion
2004 30.67% 8.86% 0.80x 4.31x ₩181.29 Billion
2005 3.20% 0.92% 0.83x 4.17x ₩-61.67 Billion
2006 12.92% 3.60% 0.86x 4.18x ₩29.65 Billion
2007 9.65% 2.75% 0.88x 3.99x ₩-3.91 Billion
2010 21.39% 4.01% 0.86x 6.19x ₩114.77 Billion
2012 6.13% 1.04% 0.97x 6.08x ₩-38.67 Billion
2013 -12.85% -2.02% 0.82x 7.79x ₩-205.65 Billion
2014 6.18% 1.07% 0.71x 8.16x ₩-38.41 Billion
2015 -16.64% -2.49% 0.60x 11.20x ₩-221.04 Billion
2016 5.52% 0.85% 0.70x 9.23x ₩-39.93 Billion
2017 21.89% 4.04% 0.73x 7.43x ₩136.81 Billion
2018 -21.07% -2.75% 0.88x 8.72x ₩-291.80 Billion
2019 -99.04% -11.27% 0.52x 17.03x ₩-864.57 Billion
2020 -38.77% -10.26% 0.28x 13.43x ₩-502.96 Billion
2021 -71.91% -8.35% 0.33x 25.95x ₩-412.89 Billion
2022 15.98% 1.78% 0.46x 19.47x ₩41.33 Billion
2023 16.75% 1.49% 0.59x 19.14x ₩45.91 Billion
2024 -46.80% -5.04% 0.62x 15.01x ₩-508.82 Billion

Industry Comparison

This section compares Asiana Airline's net assets metrics with peer companies in the Airlines industry.

Industry Context

  • Industry: Airlines
  • Average net assets among peers: $844,102,140,688
  • Average return on equity (ROE) among peers: -29.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Asiana Airline (020560) ₩939.24 Billion 23.84% 11.87x $247.32 Million
Korean Air Lines Co (003490) $3.31 Trillion -6.39% 6.61x $4.48 Billion
Jeju Air Co Ltd (089590) $306.62 Billion -56.70% 4.43x $129.67 Million
T'way Air Co Ltd (091810) $225.71 Billion 16.78% 0.91x $55.09 Million
Jin Air Co Ltd (272450) $266.19 Billion 16.71% 0.95x $50.72 Million
Air Busan Co Ltd (298690) $110.27 Billion -116.51% 8.38x $20.17 Million