Asiana Airline (020560) - Net Assets

Latest as of September 2025: ₩939.24 Billion KRW ≈ $636.51 Million USD

Based on the latest financial reports, Asiana Airline (020560) has net assets worth ₩939.24 Billion KRW (≈ $636.51 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 (₩12.09 Trillion ≈ $8.19 Billion USD) and total liabilities (₩11.15 Trillion ≈ $7.55 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 020560 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is Asiana Airline's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Asiana Airline (2001–2024)

The table below shows the annual net assets of Asiana Airline from 2001 to 2024. For live valuation and market cap data, see how much is Asiana Airline worth.

Year	Net Assets	Change
2024-12-31	₩1.00 Trillion ≈ $679.80 Million	+23.79%
2023-12-31	₩810.35 Billion ≈ $549.16 Million	+13.23%
2022-12-31	₩715.65 Billion ≈ $484.98 Million	+37.33%
2021-12-31	₩521.10 Billion ≈ $353.14 Million	-52.16%
2020-12-31	₩1.09 Trillion ≈ $738.23 Million	+19.93%
2019-12-31	₩908.29 Billion ≈ $615.53 Million	-16.91%
2018-12-31	₩1.09 Trillion ≈ $740.84 Million	-12.02%
2017-12-31	₩1.24 Trillion ≈ $842.02 Million	+19.26%
2016-12-31	₩1.04 Trillion ≈ $706.06 Million	+22.34%
2015-12-31	₩851.58 Billion ≈ $577.11 Million	-23.91%
2014-12-31	₩1.12 Trillion ≈ $758.41 Million	+23.89%
2013-12-31	₩903.31 Billion ≈ $612.16 Million	-10.11%
2012-12-31	₩1.00 Trillion ≈ $681.00 Million	+16.67%
2011-12-31	₩861.29 Billion ≈ $583.68 Million	-17.93%
2010-12-31	₩1.05 Trillion ≈ $711.22 Million	+39.58%
2009-12-31	₩751.90 Billion ≈ $509.55 Million	-6.15%
2008-12-31	₩801.13 Billion ≈ $542.92 Million	-29.38%
2007-12-31	₩1.13 Trillion ≈ $768.81 Million	+7.00%
2006-12-31	₩1.06 Trillion ≈ $718.50 Million	+13.17%
2005-12-31	₩936.81 Billion ≈ $634.86 Million	+6.53%
2004-12-31	₩879.34 Billion ≈ $595.92 Million	+46.64%
2003-12-31	₩599.65 Billion ≈ $406.38 Million	-0.13%
2002-12-31	₩600.46 Billion ≈ $406.92 Million	+0.35%
2001-12-31	₩598.37 Billion ≈ $405.50 Million	--

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
Suzhou Xianglou New Material Co. Ltd. SHE:301160	$982.43 Million
Shanghai Aladdin Biochemical Technology Co. Ltd. A SHG:688179	$982.54 Million
Wuhan Keqian Biology Co Ltd SHG:688526	$982.89 Million
Certara Inc NASDAQ:CERT	$983.48 Million
Firefly Metals Ltd AU:FFM	$981.86 Million
Resolute Holdings Management, Inc. NYSE:RHLD	$981.77 Million
Brother Enterprises Holding Co Ltd SHE:002562	$981.64 Million
ASBISc Enterprises PLC WAR:ASB	$981.38 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	₩7040.00	x
2018-12-31	₩13729.92	₩7040.00	x
2019-12-31	₩10656.91	₩7040.00	x
2020-12-31	₩41654.45	₩7040.00	x
2021-12-31	₩6785.69	₩7040.00	x
2022-12-31	₩9288.92	₩7040.00	x
2023-12-31	₩9138.42	₩7040.00	x
2024-12-31	₩4349.17	₩7040.00	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: $1,039,848,198,938
Average return on equity (ROE) among peers: -79.81%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Asiana Airline (020560)	₩939.24 Billion	23.84%	11.87x	$982.37 Million
Korean Air Lines Co (003490)	$3.49 Trillion	0.00%	3.30x	$6.13 Billion
Korean Air Lines Co Ltd (003495)	$2.20 Trillion	-28.86%	9.66x	$17.73 Million
Jeju Air Co Ltd (089590)	$311.20 Billion	43.16%	5.37x	$289.94 Million
T'way Air Co Ltd (091810)	$47.34 Billion	-330.04%	14.53x	$219.06 Million
Jin Air Co Ltd (272450)	$98.16 Billion	-193.97%	4.67x	$219.32 Million
Air Busan Co Ltd (298690)	$93.18 Billion	30.85%	0.85x	$161.96 Million

About Asiana Airline

KO:020560 Korea Airlines

Market Cap

$982.37 Million

₩1.45 Trillion KRW

Market Cap Rank

#9188 Global

#263 in Korea

Share Price

₩7040.00

Change (1 day)

-0.28%

52-Week Range

₩6670.00 - ₩10110.00

All Time High

₩29150.00