Kt Skylife (053210) - Net Assets
Based on the latest financial reports, Kt Skylife (053210) has net assets worth ₩583.61 Billion KRW (≈ $395.51 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩989.86 Billion ≈ $670.81 Million USD) and total liabilities (₩406.25 Billion ≈ $275.31 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 Kt Skylife (053210) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩583.61 Billion |
| % of Total Assets | 58.96% |
| Annual Growth Rate | 5.37% |
| 5-Year Change | -22.54% |
| 10-Year Change | 16.86% |
| Growth Volatility | 11.06 |
Kt Skylife - Net Assets Trend (2011–2024)
This chart illustrates how Kt Skylife's net assets have evolved over time, based on quarterly financial data. Also explore how large is Kt Skylife's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Kt Skylife (2011–2024)
The table below shows the annual net assets of Kt Skylife from 2011 to 2024. For live valuation and market cap data, see market value of Kt Skylife.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩576.65 Billion ≈ $390.78 Million |
-21.77% |
| 2023-12-31 | ₩737.13 Billion ≈ $499.54 Million |
-14.04% |
| 2022-12-31 | ₩857.53 Billion ≈ $581.14 Million |
+6.40% |
| 2021-12-31 | ₩805.95 Billion ≈ $546.18 Million |
+8.26% |
| 2020-12-31 | ₩744.44 Billion ≈ $504.49 Million |
+5.53% |
| 2019-12-31 | ₩705.44 Billion ≈ $478.06 Million |
+5.90% |
| 2018-12-31 | ₩666.16 Billion ≈ $451.45 Million |
+14.39% |
| 2017-12-31 | ₩582.34 Billion ≈ $394.65 Million |
+6.56% |
| 2016-12-31 | ₩546.50 Billion ≈ $370.35 Million |
+10.75% |
| 2015-12-31 | ₩493.44 Billion ≈ $334.40 Million |
+13.00% |
| 2014-12-31 | ₩436.68 Billion ≈ $295.93 Million |
+8.74% |
| 2013-12-31 | ₩401.58 Billion ≈ $272.15 Million |
+15.09% |
| 2012-12-31 | ₩348.91 Billion ≈ $236.45 Million |
+19.40% |
| 2011-12-31 | ₩292.21 Billion ≈ $198.03 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kt Skylife'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 133080.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩258.92 Billion | 47.06% |
| Other Components | ₩291.29 Billion | 52.94% |
| Total Equity | ₩550.21 Billion | 100.00% |
Kt Skylife Competitors by Market Cap
The table below lists competitors of Kt Skylife ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SG Co. Ltd
KQ:255220
|
$157.88 Million |
|
Paramount Corporation Bhd
KLSE:1724
|
$157.92 Million |
|
Niko Semiconductor Co Ltd
TWO:3317
|
$157.94 Million |
|
Cadence Capital Ltd
AU:CDM
|
$158.02 Million |
|
Bioneer Corporation
KQ:064550
|
$157.84 Million |
|
CLIO Cosmetics Co.Ltd
KQ:237880
|
$157.83 Million |
|
Bank Bumi Arta Tbk
JK:BNBA
|
$157.83 Million |
|
Avantium Holding BV
AS:AVTX
|
$157.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kt Skylife's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 701,252,177,240 to 550,211,470,240, a change of -151,040,707,000 (-21.5%).
- Net loss of 135,902,414,990 reduced equity.
- Dividend payments of 16,551,617,600 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-135.90 Billion | -24.7% |
| Dividends Paid | ₩16.55 Billion | -3.01% |
| Other Changes | ₩1.41 Billion | +0.26% |
| Total Change | ₩- | -21.54% |
Book Value vs Market Value Analysis
This analysis compares Kt Skylife'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: 0.42x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩12148.42 | ₩4925.00 | x |
| 2018-12-31 | ₩13902.92 | ₩4925.00 | x |
| 2019-12-31 | ₩14699.33 | ₩4925.00 | x |
| 2020-12-31 | ₩15498.60 | ₩4925.00 | x |
| 2021-12-31 | ₩16643.32 | ₩4925.00 | x |
| 2022-12-31 | ₩17320.99 | ₩4925.00 | x |
| 2023-12-31 | ₩14829.43 | ₩4925.00 | x |
| 2024-12-31 | ₩11633.40 | ₩4925.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kt Skylife 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): -24.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.29%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.89x
- Recent ROE (-24.70%) is below the historical average (6.37%), 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 | 9.37% | 5.67% | 0.89x | 1.87x | ₩-1.81 Billion |
| 2012 | 16.23% | 9.89% | 0.89x | 1.85x | ₩21.50 Billion |
| 2013 | 18.32% | 11.70% | 0.91x | 1.72x | ₩33.12 Billion |
| 2014 | 12.72% | 8.43% | 0.96x | 1.58x | ₩11.77 Billion |
| 2015 | 14.86% | 11.00% | 0.93x | 1.45x | ₩23.79 Billion |
| 2016 | 12.67% | 10.32% | 0.85x | 1.44x | ₩14.46 Billion |
| 2017 | 9.93% | 8.37% | 0.86x | 1.37x | ₩-401.09 Million |
| 2018 | 7.81% | 7.47% | 0.85x | 1.23x | ₩-14.51 Billion |
| 2019 | 7.80% | 7.85% | 0.82x | 1.21x | ₩-15.35 Billion |
| 2020 | 7.76% | 8.19% | 0.76x | 1.25x | ₩-16.50 Billion |
| 2021 | 7.60% | 7.89% | 0.60x | 1.61x | ₩-18.99 Billion |
| 2022 | 2.71% | 2.16% | 0.76x | 1.65x | ₩-60.05 Billion |
| 2023 | -13.96% | -9.54% | 0.84x | 1.73x | ₩-168.02 Billion |
| 2024 | -24.70% | -13.29% | 0.98x | 1.89x | ₩-190.92 Billion |
Industry Comparison
This section compares Kt Skylife's net assets metrics with peer companies in the Broadcasting industry.
Industry Context
- Industry: Broadcasting
- Average net assets among peers: $618,989,834,404
- Average return on equity (ROE) among peers: 2.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kt Skylife (053210) | ₩583.61 Billion | 9.37% | 0.70x | $157.86 Million |
| Galaxia SM Inc (011420) | $21.80 Billion | -6.31% | 0.30x | $34.35 Million |
| LG HelloVision Corp (037560) | $966.65 Billion | 2.23% | 0.90x | $123.86 Million |
| KMH Co. Ltd (122450) | $485.85 Billion | 4.10% | 0.93x | $92.56 Million |
| Aniplus Inc (310200) | $74.28 Billion | 5.41% | 0.91x | $91.63 Million |
| TY Holdings Co Ltd (363280) | $1.55 Trillion | 5.92% | 0.48x | $68.14 Million |
About Kt Skylife
KT Skylife Co., Ltd. engages in the digital satellite broadcasting business in South Korea. The company also produces, distributes, and sells broadcasting contents; and distributes and sells broadcasting related equipment. In addition, it is involved in the broadcasting channel operation, as well as cable broadcasting activities. The company was founded in 2001 and is headquartered in Seoul, Sout… Read more