Korea Gas Corporation Net Assets
Korea Gas Corporation net assets. Based on the latest financial reports, Korea Gas Corporation (036460) has net assets worth ₩11.15 Trillion KRW (≈ $7.56 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩52.95 Trillion ≈ $35.88 Billion USD) and total liabilities (₩41.80 Trillion ≈ $28.33 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. Also explore 036460 net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩11.15 Trillion |
| % of Total Assets | 21.06% |
| Annual Growth Rate | 6.58% |
| 5-Year Change | 39.96% |
| 10-Year Change | 7.65% |
| Growth Volatility | 12.31 |
Net Assets of Korea Gas Corporation (2000–2024)
Net assets of Korea Gas Corporation from 2000 to 2024. This chart illustrates how Korea Gas Corporation's net assets have evolved over time, based on quarterly financial data. See Korea Gas Corporation balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Korea Gas Corporation (2000–2024)
The table below shows the annual net assets of Korea Gas Corporation from 2000 to 2024. For live market cap and overall valuation, see 036460 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩10.83 Trillion ≈ $7.34 Billion |
+10.18% |
| 2023-12-31 | ₩9.83 Trillion ≈ $6.66 Billion |
-5.62% |
| 2022-12-31 | ₩10.41 Trillion ≈ $7.06 Billion |
+14.16% |
| 2021-12-31 | ₩9.12 Trillion ≈ $6.18 Billion |
+17.89% |
| 2020-12-31 | ₩7.74 Trillion ≈ $5.24 Billion |
-5.05% |
| 2019-12-31 | ₩8.15 Trillion ≈ $5.52 Billion |
-4.14% |
| 2018-12-31 | ₩8.50 Trillion ≈ $5.76 Billion |
+4.39% |
| 2017-12-31 | ₩8.14 Trillion ≈ $5.52 Billion |
-13.28% |
| 2016-12-31 | ₩9.39 Trillion ≈ $6.36 Billion |
-6.67% |
| 2015-12-31 | ₩10.06 Trillion ≈ $6.82 Billion |
+3.42% |
| 2014-12-31 | ₩9.72 Trillion ≈ $6.59 Billion |
+8.86% |
| 2013-12-31 | ₩8.93 Trillion ≈ $6.05 Billion |
+6.74% |
| 2012-12-31 | ₩8.37 Trillion ≈ $5.67 Billion |
+4.04% |
| 2011-12-31 | ₩8.04 Trillion ≈ $5.45 Billion |
+51.46% |
| 2010-12-31 | ₩5.31 Trillion ≈ $3.60 Billion |
+2.54% |
| 2009-12-31 | ₩5.18 Trillion ≈ $3.51 Billion |
+26.16% |
| 2008-12-31 | ₩4.11 Trillion ≈ $2.78 Billion |
+6.60% |
| 2007-12-31 | ₩3.85 Trillion ≈ $2.61 Billion |
+9.11% |
| 2006-12-31 | ₩3.53 Trillion ≈ $2.39 Billion |
+5.01% |
| 2005-12-31 | ₩3.36 Trillion ≈ $2.28 Billion |
+3.86% |
| 2004-12-31 | ₩3.24 Trillion ≈ $2.19 Billion |
+6.69% |
| 2003-12-31 | ₩3.03 Trillion ≈ $2.06 Billion |
+7.17% |
| 2002-12-31 | ₩2.83 Trillion ≈ $1.92 Billion |
+10.53% |
| 2001-12-31 | ₩2.56 Trillion ≈ $1.74 Billion |
+9.20% |
| 2000-12-31 | ₩2.35 Trillion ≈ $1.59 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Korea Gas 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 778024300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Korea Gas Corporation Net Assets Breakdown (December 2024)
Korea Gas Corporation net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩7.78 Trillion | 71.85% |
| Other Components | ₩3.05 Trillion | 28.15% |
| Total Equity | ₩10.83 Trillion | 100.00% |
Korea Gas Corporation Competitors by Market Cap
The table below lists competitors of Korea Gas Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Custom Truck One Source Inc
NYSE:CTOS
|
$2.20 Billion |
|
ServisFirst Bancshares Inc
NYSE:SFBS
|
$2.20 Billion |
|
Hilltop Holdings Inc
NYSE:HTH
|
$2.20 Billion |
|
Sime Darby Property Bhd
KLSE:5288
|
$2.20 Billion |
|
Distribuidora Internacional de Alimentación S.A
MC:DIA
|
$2.20 Billion |
|
Wuxi Nce Power Co Ltd
SHG:605111
|
$2.20 Billion |
|
Turkiye Sise ve Cam Fabrikalari AS
IS:SISE
|
$2.20 Billion |
|
Jiangsu Broadcasting Cable inf
SHG:600959
|
$2.20 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korea Gas Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,626,977,431,910 to 10,829,084,000,000, a change of 1,202,106,568,090 (12.5%).
- Net income of 1,146,749,000,000 contributed positively to equity growth.
- Dividend payments of 26,114,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.15 Trillion | +10.59% |
| Dividends Paid | ₩26.11 Billion | -0.24% |
| Other Changes | ₩81.47 Billion | +0.75% |
| Total Change | ₩- | 12.49% |
Book Value vs Market Value Analysis
This analysis compares Korea Gas 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: 0.30x
- 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 0.30x 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 | ₩89155.47 | ₩37200.00 | x |
| 2018-12-31 | ₩93485.63 | ₩37200.00 | x |
| 2019-12-31 | ₩89611.96 | ₩37200.00 | x |
| 2020-12-31 | ₩87164.23 | ₩37200.00 | x |
| 2021-12-31 | ₩103337.50 | ₩37200.00 | x |
| 2022-12-31 | ₩118693.27 | ₩37200.00 | x |
| 2023-12-31 | ₩112167.30 | ₩37200.00 | x |
| 2024-12-31 | ₩124079.41 | ₩37200.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korea Gas 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): 10.59%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.99%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 5.33x
- Recent ROE (10.59%) is above the historical average (4.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 4.19% | 1.60% | 0.72x | 3.62x | ₩-135.56 Billion |
| 2001 | 11.82% | 4.12% | 0.80x | 3.60x | ₩46.26 Billion |
| 2002 | 10.45% | 4.02% | 0.78x | 3.32x | ₩12.67 Billion |
| 2003 | 9.56% | 3.49% | 0.85x | 3.20x | ₩-13.20 Billion |
| 2004 | 10.31% | 3.59% | 0.91x | 3.14x | ₩9.95 Billion |
| 2005 | 7.32% | 2.19% | 0.99x | 3.38x | ₩-89.67 Billion |
| 2006 | 6.97% | 1.88% | 1.06x | 3.49x | ₩-106.70 Billion |
| 2007 | 9.55% | 2.54% | 1.14x | 3.29x | ₩-17.36 Billion |
| 2008 | 8.04% | 1.40% | 1.06x | 5.40x | ₩-79.87 Billion |
| 2009 | 4.64% | 1.23% | 0.85x | 4.46x | ₩-276.90 Billion |
| 2010 | 3.97% | 0.92% | 0.94x | 4.60x | ₩-319.42 Billion |
| 2011 | 2.25% | 0.64% | 0.79x | 4.47x | ₩-623.46 Billion |
| 2012 | 4.38% | 1.05% | 0.86x | 4.85x | ₩-471.16 Billion |
| 2013 | -2.25% | -0.53% | 0.87x | 4.89x | ₩-1.09 Trillion |
| 2014 | 4.59% | 1.20% | 0.80x | 4.81x | ₩-526.27 Billion |
| 2015 | 3.17% | 1.23% | 0.61x | 4.21x | ₩-686.50 Billion |
| 2016 | -7.27% | -3.19% | 0.53x | 4.31x | ₩-1.60 Trillion |
| 2017 | -15.42% | -5.44% | 0.60x | 4.75x | ₩-1.99 Trillion |
| 2018 | 6.22% | 1.95% | 0.66x | 4.84x | ₩-309.93 Billion |
| 2019 | 0.49% | 0.16% | 0.64x | 5.01x | ₩-746.57 Billion |
| 2020 | -2.30% | -0.83% | 0.58x | 4.80x | ₩-920.16 Billion |
| 2021 | 10.72% | 3.45% | 0.63x | 4.92x | ₩63.84 Billion |
| 2022 | 14.66% | 2.89% | 0.83x | 6.13x | ₩474.39 Billion |
| 2023 | -7.91% | -1.71% | 0.78x | 5.95x | ₩-1.72 Trillion |
| 2024 | 10.59% | 2.99% | 0.67x | 5.33x | ₩63.84 Billion |
Industry Comparison
This section compares Korea Gas Corporation's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $481,797,906,689
- Average return on equity (ROE) among peers: 6.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Korea Gas Corporation (036460) | ₩11.15 Trillion | 4.19% | 3.75x | $2.20 Billion |
| Samchully (004690) | $1.16 Trillion | 3.41% | 1.38x | $273.81 Million |
| Taekyung Chem (006890) | $163.78 Billion | 7.70% | 0.13x | $32.57 Million |
| Kyungdong Gas (012320) | $397.87 Billion | 6.86% | 0.49x | $61.76 Million |
| Yesco Holdings Co. Ltd (015360) | $569.39 Billion | 3.22% | 1.49x | $208.17 Million |
| Daesung Holdin (016710) | $474.97 Billion | 5.57% | 1.23x | $73.16 Million |
| Seoul City Gas (017390) | $1.03 Trillion | 12.66% | 0.63x | $137.79 Million |
| Incheon City G (034590) | $191.67 Billion | 5.94% | 0.77x | $71.51 Million |
| GSE Co. Ltd (053050) | $55.04 Billion | 10.28% | 1.46x | $36.13 Million |
| Daesung Energy (117580) | $285.19 Billion | 4.81% | 1.20x | $127.72 Million |
About Korea Gas Corporation
Korea Gas Corporation engages in the exploration, development, production, import, and wholesale of liquefied natural gas (LNG), compressed natural gas, and natural gas in Korea, Australia, Iraq, Mozambique, and Myanmar. It operates through the Natural Gas Wholesale and Others segments. The company manufactures and supplies natural gas, as well as refines and sells by-products; construct and oper… Read more