Korea Real Estate Investment & Trust Co Ltd
KOREIT, a real estate investment trust, engages in the investment, development, and management of real estate properties in South Korea. It also involves in land development trust, management trust, profit certificate trust, proxy business and agency business, real estate consulting, real estate investment trusts, and asset-backed securities businesses. The company was founded in 1996 and is base… Read more
Korea Real Estate Investment & Trust Co Ltd (034830) - Net Assets
Latest net assets as of September 2025: ₩1.05 Trillion KRW
Based on the latest financial reports, Korea Real Estate Investment & Trust Co Ltd (034830) has net assets worth ₩1.05 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.95 Trillion) and total liabilities (₩899.23 Billion). 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 | ₩1.05 Trillion |
| % of Total Assets | 53.89% |
| Annual Growth Rate | 7.14% |
| 5-Year Change | 3.83% |
| 10-Year Change | 97.09% |
| Growth Volatility | 15.8 |
Korea Real Estate Investment & Trust Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Korea Real Estate Investment & Trust Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Korea Real Estate Investment & Trust Co Ltd (2000–2024)
The table below shows the annual net assets of Korea Real Estate Investment & Trust Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩958.23 Billion | -4.87% |
| 2023-12-31 | ₩1.01 Trillion | -1.72% |
| 2022-12-31 | ₩1.02 Trillion | +0.01% |
| 2021-12-31 | ₩1.02 Trillion | +11.04% |
| 2020-12-31 | ₩922.93 Billion | +4.71% |
| 2019-12-31 | ₩881.45 Billion | +6.90% |
| 2018-12-31 | ₩824.58 Billion | +14.65% |
| 2017-12-31 | ₩719.23 Billion | +27.02% |
| 2016-12-31 | ₩566.22 Billion | +16.46% |
| 2015-12-31 | ₩486.19 Billion | +12.88% |
| 2014-12-31 | ₩430.73 Billion | +12.44% |
| 2013-12-31 | ₩383.08 Billion | +18.59% |
| 2012-12-31 | ₩323.04 Billion | +18.07% |
| 2011-12-31 | ₩273.61 Billion | +30.95% |
| 2010-12-31 | ₩208.94 Billion | -25.47% |
| 2009-12-31 | ₩280.33 Billion | +5.82% |
| 2008-12-31 | ₩264.92 Billion | +4.45% |
| 2007-12-31 | ₩253.65 Billion | +54.60% |
| 2006-12-31 | ₩164.06 Billion | +7.12% |
| 2005-12-31 | ₩153.15 Billion | -20.89% |
| 2004-12-31 | ₩193.59 Billion | -0.06% |
| 2003-12-31 | ₩193.70 Billion | +6.16% |
| 2002-12-31 | ₩182.46 Billion | +4.59% |
| 2001-12-31 | ₩174.46 Billion | -4.73% |
| 2000-12-31 | ₩183.12 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Korea Real Estate Investment & Trust 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 15907.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩814.07 Billion | 85.07% |
| Other Components | ₩142.88 Billion | 14.93% |
| Total Equity | ₩956.95 Billion | 100.00% |
Korea Real Estate Investment & Trust Co Ltd Competitors by Market Cap
The table below lists competitors of Korea Real Estate Investment & Trust Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
St.Shine Optical Co Ltd
TWO:1565
|
$146.51 Million |
|
Race Oncology Limited
PINK:RAONF
|
$146.53 Million |
|
Profound Medical Corp
NASDAQ:PROF
|
$146.57 Million |
|
Altamir SCA
PA:LTA
|
$146.58 Million |
|
Euroapi S.A
PINK:EAPIF
|
$146.40 Million |
|
DAE-IL Corporation
KO:092200
|
$146.38 Million |
|
Huang Hsiang Construction Corp
TW:2545
|
$146.17 Million |
|
Lionco Pharm Grp Co Ltd
SHG:603669
|
$146.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korea Real Estate Investment & Trust Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 997,656,963,620 to 956,946,611,270, a change of -40,710,352,350 (-4.1%).
- Net loss of 16,464,173,460 reduced equity.
- Dividend payments of 15,081,305,610 reduced retained earnings.
- Share repurchases of 47,104,060 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-16.46 Billion | -1.72% |
| Dividends Paid | ₩15.08 Billion | -1.58% |
| Share Repurchases | ₩47.10 Million | -0.0% |
| Other Changes | ₩-9.12 Billion | -0.95% |
| Total Change | ₩- | -4.08% |
Book Value vs Market Value Analysis
This analysis compares Korea Real Estate Investment & Trust 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: 0.39x
- 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 0.60x to 0.39x 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 | ₩2917.23 | ₩1740.00 | x |
| 2018-12-31 | ₩3379.06 | ₩1740.00 | x |
| 2019-12-31 | ₩3676.90 | ₩1740.00 | x |
| 2020-12-31 | ₩4031.34 | ₩1740.00 | x |
| 2021-12-31 | ₩4475.27 | ₩1740.00 | x |
| 2022-12-31 | ₩4503.11 | ₩1740.00 | x |
| 2023-12-31 | ₩4630.63 | ₩1740.00 | x |
| 2024-12-31 | ₩4441.68 | ₩1740.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korea Real Estate Investment & Trust 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): -1.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.97%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.91x
- Recent ROE (-1.72%) is below the historical average (9.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 9.68% | 15.50% | 0.13x | 4.81x | ₩-593.07 Million |
| 2002 | 4.39% | 7.23% | 0.13x | 4.71x | ₩-10.24 Billion |
| 2003 | 5.81% | 8.13% | 0.18x | 3.87x | ₩-8.13 Billion |
| 2004 | 4.60% | 6.75% | 0.19x | 3.52x | ₩-10.45 Billion |
| 2006 | 5.59% | 6.17% | 0.18x | 4.99x | ₩-7.23 Billion |
| 2007 | 7.83% | 13.32% | 0.17x | 3.46x | ₩-5.50 Billion |
| 2008 | 4.41% | 8.95% | 0.16x | 3.09x | ₩-14.80 Billion |
| 2009 | 5.44% | 13.90% | 0.15x | 2.69x | ₩-12.78 Billion |
| 2011 | 16.54% | 32.28% | 0.28x | 1.86x | ₩17.89 Billion |
| 2012 | 14.69% | 40.43% | 0.20x | 1.80x | ₩15.04 Billion |
| 2013 | 13.58% | 31.27% | 0.30x | 1.46x | ₩13.63 Billion |
| 2014 | 13.98% | 42.29% | 0.27x | 1.21x | ₩17.01 Billion |
| 2015 | 14.02% | 54.63% | 0.19x | 1.34x | ₩19.56 Billion |
| 2016 | 15.24% | 48.20% | 0.19x | 1.65x | ₩29.48 Billion |
| 2017 | 23.36% | 66.87% | 0.21x | 1.69x | ₩95.61 Billion |
| 2018 | 20.36% | 62.06% | 0.20x | 1.68x | ₩85.02 Billion |
| 2019 | 12.31% | 42.25% | 0.18x | 1.65x | ₩20.27 Billion |
| 2020 | 9.23% | 35.72% | 0.15x | 1.68x | ₩-7.12 Billion |
| 2021 | 13.65% | 61.79% | 0.13x | 1.69x | ₩37.29 Billion |
| 2022 | 2.36% | 11.32% | 0.12x | 1.68x | ₩-78.17 Billion |
| 2023 | -0.85% | -3.13% | 0.14x | 1.89x | ₩-108.21 Billion |
| 2024 | -1.72% | -6.97% | 0.13x | 1.91x | ₩-112.16 Billion |
Industry Comparison
This section compares Korea Real Estate Investment & Trust Co Ltd's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $255,598,541,474
- Average return on equity (ROE) among peers: 1.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Korea Real Estate Investment & Trust Co Ltd (034830) | ₩1.05 Trillion | 9.68% | 0.86x | $146.42 Million |
| E KOCREF CR REIT (088260) | $251.94 Billion | 2.87% | 1.78x | $31.64K |
| Ktop Reit (145270) | $95.64 Billion | 10.51% | 1.83x | $11.51 Million |
| Jr Global Reit (348950) | $337.55 Billion | -0.03% | 0.00x | $10.16K |
| Koramco Energy Plus Reit Co Ltd (357120) | $465.09 Billion | -0.10% | 1.75x | $29.46K |
| Mirae Asset Maps Reit 1 Co Ltd (357250) | $97.33 Billion | -0.80% | 2.05x | $16.16K |
| D&D Platform Reit Co Ltd (377190) | $317.90 Billion | 0.37% | 1.73x | $20.93K |
| NH All One REIT Co Ltd (400760) | $190.78 Billion | 0.28% | 2.65x | $20.17K |
| Shinhan Seobu T&D REIT Co Ltd (404990) | $346.71 Billion | -1.06% | 2.17x | $29.70K |
| KORAMCO The One REIT (417310) | $197.44 Billion | 1.49% | 1.57x | $59.74K |