Korea Eng Cons (023350) - Net Assets

Latest as of March 2026: ₩174.88 Billion KRW ≈ $118.52 Million USD

Based on the latest financial reports, Korea Eng Cons (023350) has net assets worth ₩174.88 Billion KRW (≈ $118.52 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 (₩445.61 Billion ≈ $301.98 Million USD) and total liabilities (₩270.72 Billion ≈ $183.47 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 tangible net worth ratio of Korea Eng Cons to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩174.88 Billion
% of Total Assets	39.25%
Annual Growth Rate	2.76%
5-Year Change	19.89%
10-Year Change	39.38%
Growth Volatility	13.32

Korea Eng Cons - Net Assets Trend (2013–2025)

This chart illustrates how Korea Eng Cons's net assets have evolved over time, based on quarterly financial data. See 023350 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Korea Eng Cons (2013–2025)

The table below shows the annual net assets of Korea Eng Cons from 2013 to 2025. For live valuation and market cap data, see how much is Korea Eng Cons worth.

Year	Net Assets	Change
2025-12-31	₩170.60 Billion ≈ $115.61 Million	+8.90%
2024-12-31	₩156.66 Billion ≈ $106.17 Million	+0.00%
2023-12-31	₩156.66 Billion ≈ $106.17 Million	+5.29%
2022-12-31	₩148.80 Billion ≈ $100.84 Million	+4.56%
2021-12-31	₩142.30 Billion ≈ $96.43 Million	+3.48%
2020-12-31	₩137.51 Billion ≈ $93.19 Million	+43.95%
2019-12-31	₩95.53 Billion ≈ $64.74 Million	-6.01%
2018-12-31	₩101.64 Billion ≈ $68.88 Million	-11.15%
2017-12-31	₩114.38 Billion ≈ $77.52 Million	-6.55%
2016-12-31	₩122.40 Billion ≈ $82.95 Million	+0.83%
2015-12-31	₩121.40 Billion ≈ $82.27 Million	-1.09%
2014-12-31	₩122.74 Billion ≈ $83.18 Million	-0.22%
2013-12-31	₩123.00 Billion ≈ $83.36 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Korea Eng Cons'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 24.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩135.15 Billion	79.22%
Other Components	₩35.45 Billion	20.78%
Total Equity	₩170.60 Billion	100.00%

Korea Eng Cons Competitors by Market Cap

The table below lists competitors of Korea Eng Cons ranked by their market capitalization.

Company	Market Cap
OneMedNet Corp. NASDAQ:ONMD	$32.61 Million
Dongil Metal Co. Ltd KQ:109860	$32.61 Million
Aquirian Ltd AU:AQN	$32.62 Million
Logindo Samudramakmur Tbk JK:LEAD	$32.62 Million
Quonia SOCIMI SA MC:YQUO	$32.61 Million
ORTOMA AB B F:82Y	$32.60 Million
JSW Pacific TWO:5251	$32.57 Million
Innovative Solutions Ecosystem SA MC:ISE	$32.54 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 156,663,604,670 to 170,601,041,760, a change of 13,937,437,090 (8.9%).
Net income of 8,539,936,190 contributed positively to equity growth.
Dividend payments of 1,040,391,500 reduced retained earnings.
Other factors increased equity by 6,437,892,400.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩8.54 Billion	+5.01%
Dividends Paid	₩1.04 Billion	-0.61%
Other Changes	₩6.44 Billion	+3.77%
Total Change	₩-	8.90%

Book Value vs Market Value Analysis

This analysis compares Korea Eng Cons'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: 0.28x
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 0.44x to 0.28x 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	₩10445.97	₩4625.00	x
2018-12-31	₩9281.77	₩4625.00	x
2019-12-31	₩8723.99	₩4625.00	x
2020-12-31	₩13217.42	₩4625.00	x
2021-12-31	₩13677.55	₩4625.00	x
2022-12-31	₩14301.86	₩4625.00	x
2023-12-31	₩15057.97	₩4625.00	x
2024-12-31	₩15058.14	₩4625.00	x
2025-12-31	₩16397.77	₩4625.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Korea Eng Cons 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): 5.01%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.07%
• Asset Turnover: 0.98x
• Equity Multiplier: 2.48x
Recent ROE (5.01%) is above the historical average (1.97%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	4.40%	3.17%	0.82x	1.69x	₩-6.88 Billion
2014	2.36%	1.76%	0.73x	1.84x	₩-9.38 Billion
2015	0.97%	0.64%	0.82x	1.86x	₩-10.96 Billion
2016	2.50%	1.54%	0.82x	1.98x	₩-9.18 Billion
2017	-6.83%	-3.92%	0.86x	2.02x	₩-19.25 Billion
2018	-6.53%	-3.48%	0.84x	2.24x	₩-16.80 Billion
2019	-3.72%	-1.62%	0.79x	2.89x	₩-13.11 Billion
2020	4.71%	2.25%	0.87x	2.42x	₩-7.28 Billion
2021	7.76%	4.11%	0.79x	2.39x	₩-3.19 Billion
2022	2.55%	1.34%	0.85x	2.24x	₩-11.08 Billion
2023	8.52%	3.54%	0.99x	2.43x	₩-2.32 Billion
2024	3.97%	1.56%	0.95x	2.67x	₩-9.44 Billion
2025	5.01%	2.07%	0.98x	2.48x	₩-8.52 Billion

Industry Comparison

This section compares Korea Eng Cons's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $1,186,156,207,415
Average return on equity (ROE) among peers: 0.85%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Korea Eng Cons (023350)	₩174.88 Billion	4.40%	1.55x	$32.61 Million
Hyundai Engineering & Construction (000720)	$598.26 Billion	0.00%	8.02x	$10.51 Billion
Hyundai Engineering & Construction Co Ltd (000725)	$9.92 Trillion	4.12%	1.11x	$42.17 Million
Nam Kwang Cons (001260)	$52.87 Billion	7.31%	2.83x	$57.92 Million
Sambu Const (001470)	$383.71 Billion	-71.27%	4.78x	$54.01 Million
Dohwa Engin (002150)	$226.06 Billion	0.56%	0.36x	$124.10 Million
Bumyang Construction Co Ltd (002410)	$43.23 Billion	2.55%	1.87x	$36.03 Million
Hwa Sung Ind (002460)	$374.79 Billion	13.13%	0.71x	$86.59 Million
Chin Hung Int' (002780)	$170.95 Billion	31.24%	0.96x	$90.66 Million
Chinhung International Inc (002785)	$97.41 Billion	20.88%	2.34x	$1.93 Million
Chinhung International Inc. Pfd. Series 2 (002787)	$-10.01 Billion	0.00%	0.00x	$1.41 Million

About Korea Eng Cons

KO:023350 Korea Engineering & Construction

Market Cap

$32.61 Million

₩48.12 Billion KRW

Market Cap Rank

#23536 Global

#1598 in Korea

Share Price

₩4625.00

Change (1 day)

+0.87%

52-Week Range

₩4220.00 - ₩5600.00

All Time High

₩11647.04