Korea District Heating Corp Net Assets
Korea District Heating Corp net assets. Based on the latest financial reports, Korea District Heating Corp (071320) has net assets worth ₩2.46 Trillion KRW (≈ $1.66 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩7.84 Trillion ≈ $5.31 Billion USD) and total liabilities (₩5.38 Trillion ≈ $3.65 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 Korea District Heating Corp (071320) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩2.46 Trillion |
| % of Total Assets | 31.34% |
| Annual Growth Rate | 6.12% |
| 5-Year Change | 26.23% |
| 10-Year Change | 27.5% |
| Growth Volatility | 12.0 |
Net Assets of Korea District Heating Corp (2009–2025)
Net assets of Korea District Heating Corp from 2009 to 2025. This chart illustrates how Korea District Heating Corp's net assets have evolved over time, based on quarterly financial data. See Korea District Heating Corp net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Korea District Heating Corp (2009–2025)
The table below shows the annual net assets of Korea District Heating Corp from 2009 to 2025. For live market cap and overall valuation, see how much is Korea District Heating Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩2.30 Trillion ≈ $1.56 Billion |
+1.46% |
| 2024-12-31 | ₩2.27 Trillion ≈ $1.54 Billion |
+8.36% |
| 2023-12-31 | ₩2.09 Trillion ≈ $1.42 Billion |
+25.57% |
| 2022-12-31 | ₩1.67 Trillion ≈ $1.13 Billion |
-8.57% |
| 2021-12-31 | ₩1.82 Trillion ≈ $1.24 Billion |
+1.08% |
| 2020-12-31 | ₩1.80 Trillion ≈ $1.22 Billion |
+17.94% |
| 2019-12-31 | ₩1.53 Trillion ≈ $1.04 Billion |
-1.97% |
| 2018-12-31 | ₩1.56 Trillion ≈ $1.06 Billion |
-14.73% |
| 2017-12-31 | ₩1.83 Trillion ≈ $1.24 Billion |
+1.37% |
| 2016-12-31 | ₩1.81 Trillion ≈ $1.22 Billion |
+12.78% |
| 2013-12-31 | ₩1.60 Trillion ≈ $1.08 Billion |
+5.08% |
| 2012-12-31 | ₩1.52 Trillion ≈ $1.03 Billion |
+10.34% |
| 2011-12-31 | ₩1.38 Trillion ≈ $935.43 Million |
+25.28% |
| 2010-12-31 | ₩1.10 Trillion ≈ $746.68 Million |
+23.79% |
| 2009-12-31 | ₩890.07 Billion ≈ $603.19 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Korea District Heating Corp'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 188312600000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Korea District Heating Corp Net Assets Breakdown (December 2025)
Korea District Heating Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.88 Trillion | 81.82% |
| Other Components | ₩418.29 Billion | 18.18% |
| Total Equity | ₩2.30 Trillion | 100.00% |
Korea District Heating Corp Competitors by Market Cap
The table below lists competitors of Korea District Heating Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Good Finance Securities Co Ltd
TWO:6021
|
$550.98 Million |
|
Nuveen Churchill Direct Lending Corp.
NYSE:NCDL
|
$551.16 Million |
|
Bohai Ferry Co Ltd
SHG:603167
|
$551.26 Million |
|
Baotou Huazi Industry Co Ltd
SHG:600191
|
$551.37 Million |
|
Sobute New Materials Co Ltd
SHG:603916
|
$550.82 Million |
|
Hunan Hansen Pharmaceutical Co Ltd
SHE:002412
|
$550.78 Million |
|
Insteel Industries Inc
NYSE:IIIN
|
$550.74 Million |
|
Lanzhou Foci Pharmaceutical Co Ltd
SHE:002644
|
$550.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korea District Heating Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,267,100,154,210 to 2,301,416,000,000, a change of 34,315,845,790 (1.5%).
- Net income of 338,886,000,000 contributed positively to equity growth.
- Dividend payments of 62,464,000,000 reduced retained earnings.
- Other factors decreased equity by 242,106,154,210.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩338.89 Billion | +14.73% |
| Dividends Paid | ₩62.46 Billion | -2.71% |
| Other Changes | ₩-242.11 Billion | -10.52% |
| Total Change | ₩- | 1.51% |
Book Value vs Market Value Analysis
This analysis compares Korea District Heating Corp'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: 0.35x
- 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 | ₩158025.13 | ₩70200.00 | x |
| 2018-12-31 | ₩134742.81 | ₩70200.00 | x |
| 2019-12-31 | ₩132086.31 | ₩70200.00 | x |
| 2020-12-31 | ₩155779.83 | ₩70200.00 | x |
| 2021-12-31 | ₩157459.12 | ₩70200.00 | x |
| 2022-12-31 | ₩143556.73 | ₩70200.00 | x |
| 2023-12-31 | ₩180370.65 | ₩70200.00 | x |
| 2024-12-31 | ₩195798.45 | ₩70200.00 | x |
| 2025-12-31 | ₩198762.15 | ₩70200.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korea District Heating Corp 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): 14.73%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.48%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 3.58x
- Recent ROE (14.73%) is above the historical average (4.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 17.46% | 12.04% | 0.39x | 3.72x | ₩64.88 Billion |
| 2010 | 8.84% | 6.28% | 0.41x | 3.41x | ₩-12.59 Billion |
| 2011 | 0.23% | 0.15% | 0.47x | 3.32x | ₩-134.74 Billion |
| 2012 | 9.66% | 5.24% | 0.57x | 3.21x | ₩-5.20 Billion |
| 2013 | 7.19% | 3.99% | 0.57x | 3.13x | ₩-45.02 Billion |
| 2016 | 7.02% | 7.37% | 0.34x | 2.84x | ₩-53.79 Billion |
| 2017 | 3.82% | 3.81% | 0.32x | 3.13x | ₩-113.10 Billion |
| 2018 | -14.52% | -9.11% | 0.44x | 3.63x | ₩-382.54 Billion |
| 2019 | -1.67% | -1.08% | 0.40x | 3.85x | ₩-178.52 Billion |
| 2020 | 1.55% | 1.33% | 0.35x | 3.37x | ₩-152.44 Billion |
| 2021 | 1.18% | 0.85% | 0.39x | 3.57x | ₩-160.86 Billion |
| 2022 | -11.06% | -4.41% | 0.56x | 4.50x | ₩-350.10 Billion |
| 2023 | 9.55% | 5.04% | 0.50x | 3.82x | ₩-9.44 Billion |
| 2024 | 9.27% | 5.89% | 0.43x | 3.69x | ₩-16.54 Billion |
| 2025 | 14.73% | 8.48% | 0.49x | 3.58x | ₩108.74 Billion |
Industry Comparison
This section compares Korea District Heating Corp's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $148,271,922,025
- Average return on equity (ROE) among peers: -2.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Korea District Heating Corp (071320) | ₩2.46 Trillion | 17.46% | 2.19x | $550.84 Million |
| Daehan Green Power Corporation (060900) | $54.57 Billion | -13.54% | 0.31x | $87.35 Million |
| SK ETERNIX CO LT (475150) | $241.97 Billion | 9.25% | 2.02x | $820.64 Million |
About Korea District Heating Corp
Korea District Heating Corp. engages in the district cooling and heating businesses in South Korea. It is also involved in the community energy system and electricity businesses. The company operates combined heat and power plants. In addition, it engages in the supply of new and renewable energy, such as photovoltaic, wind power, waste energy, woodchip, hydrogen energy and fuel cell, and others.… Read more