KT Submarine Telecom
KT Submarine Telecom operates in Diversified Metals & Mining.
KT Submarine Telecom (060370) - Net Assets
Latest net assets as of June 2024: ₩157.47 Billion KRW
Based on the latest financial reports, KT Submarine Telecom (060370) has net assets worth ₩157.47 Billion KRW as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩194.80 Billion) and total liabilities (₩37.33 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 | ₩157.47 Billion |
| % of Total Assets | 80.84% |
| Annual Growth Rate | 2.75% |
| 5-Year Change | 19.64% |
| 10-Year Change | N/A |
| Growth Volatility | 6.25 |
KT Submarine Telecom - Net Assets Trend (2016–2023)
This chart illustrates how KT Submarine Telecom's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KT Submarine Telecom (2016–2023)
The table below shows the annual net assets of KT Submarine Telecom from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ₩122.63 Billion | +9.13% |
| 2022-12-31 | ₩112.37 Billion | +12.76% |
| 2021-12-31 | ₩99.65 Billion | -3.04% |
| 2020-12-31 | ₩102.78 Billion | +0.28% |
| 2019-12-31 | ₩102.50 Billion | -0.67% |
| 2018-12-31 | ₩103.18 Billion | -5.11% |
| 2017-12-31 | ₩108.74 Billion | +7.22% |
| 2016-12-31 | ₩101.42 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to KT Submarine Telecom'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 decreased by 5.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩64.70 Billion | 52.76% |
| Other Components | ₩57.93 Billion | 47.24% |
| Total Equity | ₩122.63 Billion | 100.00% |
KT Submarine Telecom Competitors by Market Cap
The table below lists competitors of KT Submarine Telecom ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vunani Ltd
JSE:VUN
|
$198.37K |
|
Thornburg Income Builder Opportunities Trust Common Stock
NASDAQ:TBLD
|
$198.43K |
|
Dongnam Chemical Co. Ltd.
KQ:023450
|
$198.47K |
|
Sydinv Formue Balance Akk A
CO:SYVFBAKKA
|
$198.64K |
|
NCC -B-
BE:NCGB
|
$198.15K |
|
KEMIRA
BE:KEM
|
$198.03K |
|
Wealth Invest Secure Market Power
CO:WEISMP
|
$197.73K |
|
Givot Olam Oil Exploration - Limited Partnership (1993)
TA:GIVO
|
$197.62K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KT Submarine Telecom's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 112,370,190,540 to 122,630,218,430, a change of 10,260,027,890 (9.1%).
- Net income of 11,617,864,030 contributed positively to equity growth.
- Dividend payments of 737,770,710 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩11.62 Billion | +9.47% |
| Dividends Paid | ₩737.77 Million | -0.6% |
| Other Changes | ₩-620.07 Million | -0.51% |
| Total Change | ₩- | 9.13% |
Book Value vs Market Value Analysis
This analysis compares KT Submarine Telecom'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: 5.86x
- 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 increased from 5.52x to 5.86x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩5290.45 | ₩29200.00 | x |
| 2018-12-31 | ₩5020.12 | ₩29200.00 | x |
| 2019-12-31 | ₩4986.61 | ₩29200.00 | x |
| 2020-12-31 | ₩5000.47 | ₩29200.00 | x |
| 2021-12-31 | ₩4848.34 | ₩29200.00 | x |
| 2022-12-31 | ₩4569.31 | ₩29200.00 | x |
| 2023-12-31 | ₩4986.52 | ₩29200.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KT Submarine Telecom 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): 9.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.41%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.20x
- Recent ROE (9.47%) is above the historical average (0.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 5.07% | 6.13% | 0.53x | 1.55x | ₩-5.00 Billion |
| 2017 | 7.58% | 11.18% | 0.52x | 1.31x | ₩-2.63 Billion |
| 2018 | -4.15% | -6.99% | 0.47x | 1.27x | ₩-14.60 Billion |
| 2019 | 0.47% | 0.88% | 0.46x | 1.18x | ₩-9.76 Billion |
| 2020 | 1.16% | 2.29% | 0.45x | 1.14x | ₩-9.08 Billion |
| 2021 | -3.19% | -10.65% | 0.27x | 1.11x | ₩-13.15 Billion |
| 2022 | -10.79% | -28.34% | 0.36x | 1.07x | ₩-23.36 Billion |
| 2023 | 9.47% | 16.41% | 0.48x | 1.20x | ₩-645.16 Million |
Industry Comparison
This section compares KT Submarine Telecom's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $101,285,795,421
- Average return on equity (ROE) among peers: -24.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KT Submarine Telecom (060370) | ₩157.47 Billion | 5.07% | 0.24x | $198.23K |
| Kukyoung G&M (006050) | $51.01 Billion | -2.56% | 0.37x | $8.37K |
| Kossen Co Ltd (009730) | $14.31 Billion | -212.62% | 2.32x | $3.71K |
| Haansoft (030520) | $549.72 Billion | 3.28% | 0.54x | $147.64K |
| BIT Computer (032850) | $54.93 Billion | 11.85% | 0.29x | $31.44K |
| Plumb Fast Co (035200) | $29.09 Billion | 11.02% | 0.35x | $21.53K |
| A-Frontier Co. Ltd. (036180) | $25.85 Billion | 16.56% | 0.27x | $3.84K |
| Infraware (041020) | $36.71 Billion | -39.68% | 0.21x | $29.45K |
| Kook Soon Dang Co. Ltd. (043650) | $215.68 Billion | -1.25% | 0.11x | $25.25K |
| Stcube (052020) | $38.70 Billion | -27.66% | 0.51x | $49.27K |
| Fourth-Link Inc. (056730) | $-3.13 Billion | 0.00% | 0.00x | $2.96K |