KEPCO Engineering & Construction
KEPCO Engineering & Construction Company, Inc. engages in designing, engineering, procurement, and construction of power plants in South Korea and internationally. It offers architect engineering and nuclear steam supply system designing services. The company also engages in engineering, procurement, construction, and test run of nuclear power plants; provision of technological support service to… Read more
KEPCO Engineering & Construction (052690) - Net Assets
Latest net assets as of September 2025: ₩613.61 Billion KRW
Based on the latest financial reports, KEPCO Engineering & Construction (052690) has net assets worth ₩613.61 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩853.02 Billion) and total liabilities (₩239.41 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 | ₩613.61 Billion |
| % of Total Assets | 71.93% |
| Annual Growth Rate | 3.83% |
| 5-Year Change | 15.71% |
| 10-Year Change | 38.55% |
| Growth Volatility | 3.48 |
KEPCO Engineering & Construction - Net Assets Trend (2013–2024)
This chart illustrates how KEPCO Engineering & Construction's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KEPCO Engineering & Construction (2013–2024)
The table below shows the annual net assets of KEPCO Engineering & Construction from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩577.47 Billion | +5.51% |
| 2023-12-31 | ₩547.31 Billion | +0.72% |
| 2022-12-31 | ₩543.41 Billion | +5.84% |
| 2021-12-31 | ₩513.45 Billion | +2.88% |
| 2020-12-31 | ₩499.07 Billion | +1.39% |
| 2019-12-31 | ₩492.21 Billion | +6.68% |
| 2018-12-31 | ₩461.38 Billion | +0.95% |
| 2017-12-31 | ₩457.03 Billion | +11.28% |
| 2016-12-31 | ₩410.69 Billion | -1.46% |
| 2015-12-31 | ₩416.79 Billion | +2.37% |
| 2014-12-31 | ₩407.13 Billion | +6.56% |
| 2013-12-31 | ₩382.05 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to KEPCO Engineering & Construction'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 52.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩580.11 Billion | 100.46% |
| Total Equity | ₩577.47 Billion | 100.00% |
KEPCO Engineering & Construction Competitors by Market Cap
The table below lists competitors of KEPCO Engineering & Construction ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UCloud Technology Co Ltd
SHG:688158
|
$2.18 Billion |
|
GN Store Nord A/S
PINK:GGNDF
|
$2.18 Billion |
|
BANCFIRST CORP. DL 1
F:BF1
|
$2.18 Billion |
|
OSB Group Plc
PINK:OSBGF
|
$2.18 Billion |
|
Advanced Echem Materials Company Limited
TWO:4749
|
$2.18 Billion |
|
Alarm.com Holdings Inc
NASDAQ:ALRM
|
$2.18 Billion |
|
Beijing GeoEnviron Engineering
SHG:603588
|
$2.18 Billion |
|
Retail Opportunity Investments
NASDAQ:ROIC
|
$2.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KEPCO Engineering & Construction's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 547,308,411,730 to 577,473,652,870, a change of 30,165,241,140 (5.5%).
- Net income of 58,512,128,400 contributed positively to equity growth.
- Dividend payments of 19,592,405,070 reduced retained earnings.
- Other factors decreased equity by 8,754,482,190.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩58.51 Billion | +10.13% |
| Dividends Paid | ₩19.59 Billion | -3.39% |
| Other Changes | ₩-8.75 Billion | -1.52% |
| Total Change | ₩- | 5.51% |
Book Value vs Market Value Analysis
This analysis compares KEPCO Engineering & Construction'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: 11.36x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 14.35x to 11.36x 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 | ₩12013.39 | ₩172400.00 | x |
| 2018-12-31 | ₩12127.70 | ₩172400.00 | x |
| 2019-12-31 | ₩12938.15 | ₩172400.00 | x |
| 2020-12-31 | ₩13118.52 | ₩172400.00 | x |
| 2021-12-31 | ₩13496.41 | ₩172400.00 | x |
| 2022-12-31 | ₩14284.01 | ₩172400.00 | x |
| 2023-12-31 | ₩14386.38 | ₩172400.00 | x |
| 2024-12-31 | ₩15179.30 | ₩172400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KEPCO Engineering & Construction 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): 10.13%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.57%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.64x
- Recent ROE (10.13%) is above the historical average (6.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 9.01% | 4.55% | 0.99x | 1.99x | ₩-3.80 Billion |
| 2014 | 13.45% | 6.50% | 1.08x | 1.91x | ₩14.05 Billion |
| 2015 | 7.45% | 4.72% | 0.77x | 2.05x | ₩-10.63 Billion |
| 2016 | 5.50% | 4.47% | 0.65x | 1.89x | ₩-18.47 Billion |
| 2017 | 7.10% | 6.62% | 0.64x | 1.67x | ₩-13.25 Billion |
| 2018 | 2.80% | 2.98% | 0.56x | 1.67x | ₩-33.20 Billion |
| 2019 | 5.36% | 5.88% | 0.61x | 1.49x | ₩-22.82 Billion |
| 2020 | 4.04% | 4.67% | 0.62x | 1.40x | ₩-29.75 Billion |
| 2021 | 3.20% | 3.80% | 0.61x | 1.37x | ₩-34.89 Billion |
| 2022 | 3.30% | 3.55% | 0.62x | 1.50x | ₩-36.39 Billion |
| 2023 | 5.97% | 5.99% | 0.64x | 1.56x | ₩-22.08 Billion |
| 2024 | 10.13% | 10.57% | 0.58x | 1.64x | ₩764.76 Million |
Industry Comparison
This section compares KEPCO Engineering & Construction's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $861,922,967,327
- Average return on equity (ROE) among peers: 13.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KEPCO Engineering & Construction (052690) | ₩613.61 Billion | 9.01% | 0.39x | $2.18 Billion |
| Hyundai Engineering & Construction (000720) | $7.39 Trillion | 5.70% | 1.62x | $4.83 Billion |
| Nam Kwang Cons (001260) | $107.00 Billion | 18.07% | 2.23x | $22.77 Million |
| Sambu Const (001470) | $256.98 Billion | 1.15% | 1.65x | $52.59 Million |
| EE-HWA Construction Co. Ltd (001840) | $42.16 Billion | 3.35% | 0.94x | $11.71 Million |
| Dohwa Engin (002150) | $115.53 Billion | 20.71% | 0.38x | $63.20 Million |
| Bumyang Construction Co Ltd (002410) | $81.65 Billion | 13.43% | 0.94x | $28.08 Million |
| Hwa Sung Ind (002460) | $184.09 Billion | 3.05% | 2.98x | $47.82 Million |
| Chin Hung Int' (002780) | $267.89 Billion | 16.91% | 1.14x | $40.42 Million |
| Chinhung International Inc (002785) | $97.41 Billion | 20.88% | 2.34x | $173.56 Million |
| Chinhung International Inc. Pfd. Series 2 (002787) | $75.87 Billion | 28.77% | 3.13x | $432.74 Million |