Kss Line (044450) - Net Assets
Based on the latest financial reports, Kss Line (044450) has net assets worth ₩544.32 Billion KRW (≈ $368.88 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.93 Trillion ≈ $1.31 Billion USD) and total liabilities (₩1.39 Trillion ≈ $941.86 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 equity quality of Kss Line to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩544.32 Billion |
| % of Total Assets | 28.14% |
| Annual Growth Rate | 10.55% |
| 5-Year Change | 58.78% |
| 10-Year Change | 130.64% |
| Growth Volatility | 9.42 |
Kss Line - Net Assets Trend (2011–2025)
This chart illustrates how Kss Line's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Kss Line to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Kss Line (2011–2025)
The table below shows the annual net assets of Kss Line from 2011 to 2025. For live valuation and market cap data, see 044450 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩544.32 Billion ≈ $368.88 Million |
+2.80% |
| 2024-12-31 | ₩529.50 Billion ≈ $358.83 Million |
+25.93% |
| 2023-12-31 | ₩420.48 Billion ≈ $284.95 Million |
+3.50% |
| 2022-12-31 | ₩406.28 Billion ≈ $275.33 Million |
+18.51% |
| 2021-12-31 | ₩342.82 Billion ≈ $232.33 Million |
+27.51% |
| 2020-12-31 | ₩268.86 Billion ≈ $182.20 Million |
-3.60% |
| 2019-12-31 | ₩278.91 Billion ≈ $189.01 Million |
+11.83% |
| 2018-12-31 | ₩249.39 Billion ≈ $169.01 Million |
+9.68% |
| 2017-12-31 | ₩227.38 Billion ≈ $154.09 Million |
-3.65% |
| 2016-12-31 | ₩236.01 Billion ≈ $159.94 Million |
+11.26% |
| 2015-12-31 | ₩212.13 Billion ≈ $143.76 Million |
+15.07% |
| 2014-12-31 | ₩184.35 Billion ≈ $124.93 Million |
+14.68% |
| 2013-12-31 | ₩160.75 Billion ≈ $108.94 Million |
+17.07% |
| 2012-12-31 | ₩137.32 Billion ≈ $93.06 Million |
+2.74% |
| 2011-12-31 | ₩133.66 Billion ≈ $90.58 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kss Line'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 42742316766000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩427.42 Billion | 78.52% |
| Other Components | ₩116.90 Billion | 21.48% |
| Total Equity | ₩544.32 Billion | 100.00% |
Kss Line Competitors by Market Cap
The table below lists competitors of Kss Line ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BankFinancial Corporation
NASDAQ:BFIN
|
$149.53 Million |
|
Marti Technologies Inc.
NYSE:MRT
|
$149.55 Million |
|
Tsang Yow Industrial Co Ltd
TW:1568
|
$149.56 Million |
|
Wanhwa Enterprise Co
TW:2701
|
$149.56 Million |
|
Diffusion Engineers Ltd
NSE:DIFFNKG
|
$149.46 Million |
|
Detection Technology OY
HE:DETEC
|
$149.41 Million |
|
THETA GOLD MNS LTD
F:3LM
|
$149.39 Million |
|
Oramed Pharmaceuticals Inc
NASDAQ:ORMP
|
$149.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kss Line's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 529,497,387,970 to 544,324,342,660, a change of 14,826,954,690 (2.8%).
- Net income of 36,561,603,780 contributed positively to equity growth.
- Dividend payments of 8,982,956,830 reduced retained earnings.
- Other factors decreased equity by 12,751,692,260.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩36.56 Billion | +6.72% |
| Dividends Paid | ₩8.98 Billion | -1.65% |
| Other Changes | ₩-12.75 Billion | -2.34% |
| Total Change | ₩- | 2.80% |
Book Value vs Market Value Analysis
This analysis compares Kss Line'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: 0.41x
- 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 0.98x to 0.41x 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 | ₩9987.70 | ₩9770.00 | x |
| 2018-12-31 | ₩11131.94 | ₩9770.00 | x |
| 2019-12-31 | ₩12415.19 | ₩9770.00 | x |
| 2020-12-31 | ₩11967.56 | ₩9770.00 | x |
| 2021-12-31 | ₩15261.12 | ₩9770.00 | x |
| 2022-12-31 | ₩17994.90 | ₩9770.00 | x |
| 2023-12-31 | ₩18623.84 | ₩9770.00 | x |
| 2024-12-31 | ₩23452.41 | ₩9770.00 | x |
| 2025-12-31 | ₩24109.12 | ₩9770.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kss Line 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): 6.72%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.51%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 3.55x
- Recent ROE (6.72%) is below the historical average (10.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 18.11% | 24.53% | 0.34x | 2.18x | ₩10.80 Billion |
| 2012 | 9.39% | 11.45% | 0.36x | 2.26x | ₩-837.47 Million |
| 2013 | 16.45% | 22.23% | 0.35x | 2.11x | ₩10.34 Billion |
| 2014 | 11.41% | 15.29% | 0.28x | 2.68x | ₩2.60 Billion |
| 2015 | 10.91% | 16.13% | 0.26x | 2.57x | ₩1.94 Billion |
| 2016 | 5.61% | 9.38% | 0.22x | 2.75x | ₩-10.36 Billion |
| 2017 | 11.30% | 14.47% | 0.20x | 3.98x | ₩2.96 Billion |
| 2018 | 8.35% | 10.28% | 0.22x | 3.62x | ₩-4.12 Billion |
| 2019 | 8.32% | 10.04% | 0.24x | 3.40x | ₩-4.67 Billion |
| 2020 | 4.88% | 5.80% | 0.21x | 3.98x | ₩-13.75 Billion |
| 2021 | 16.36% | 17.31% | 0.22x | 4.22x | ₩21.80 Billion |
| 2022 | 11.19% | 10.21% | 0.27x | 4.08x | ₩4.84 Billion |
| 2023 | 4.05% | 3.61% | 0.29x | 3.94x | ₩-25.01 Billion |
| 2024 | 10.84% | 11.09% | 0.27x | 3.57x | ₩4.46 Billion |
| 2025 | 6.72% | 6.51% | 0.29x | 3.55x | ₩-17.87 Billion |
Industry Comparison
This section compares Kss Line's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $1,158,231,239,624
- Average return on equity (ROE) among peers: 9.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kss Line (044450) | ₩544.32 Billion | 18.11% | 2.55x | $149.49 Million |
| Eusu Holdings (000700) | $2.87 Trillion | 8.64% | 2.10x | $102.36 Million |
| Heung-A Shipping Co. Ltd. (003280) | $102.94 Billion | 15.97% | 1.40x | $288.52 Million |
| Korea Line (005880) | $1.78 Trillion | 8.83% | 1.52x | $450.57 Million |
| Hyundai Mipo Dockyard (010620) | $2.39 Trillion | 21.72% | 2.45x | $6.03 Billion |
| HMM Co Ltd (011200) | $790.24 Billion | 0.00% | 8.88x | $13.07 Billion |
| Pan Ocean Co Ltd (028670) | $2.07 Billion | 1.64% | 0.77x | $1.86 Billion |
| Sejin Heavy Industries Co Ltd (075580) | $170.24 Billion | 11.64% | 2.06x | $591.38 Million |
About Kss Line
KSS Line Ltd. provides marine transportation services for liquefied petroleum gas and petrochemical products in South Korea and internationally. The company's gas cargoes include anhydrous ammonia, butadiene, butane, butane 1, C4 raffinate, ethylene, propane, propylene, vinyl chloride monomer, and others. Its chemical cargoes consist of acetic acid, acetone, acrylonitrile monomer, aniline, benzen… Read more