KOAS Co. Ltd (071950) - Net Assets
Based on the latest financial reports, KOAS Co. Ltd (071950) has net assets worth ₩33.06 Billion KRW (≈ $22.40 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 (₩82.71 Billion ≈ $56.05 Million USD) and total liabilities (₩49.65 Billion ≈ $33.65 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 asset resilience ratio of KOAS Co. Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩33.06 Billion |
| % of Total Assets | 39.97% |
| Annual Growth Rate | -21.18% |
| 5-Year Change | -89.88% |
| 10-Year Change | -92.12% |
| Growth Volatility | 22.71 |
KOAS Co. Ltd - Net Assets Trend (2012–2024)
This chart illustrates how KOAS Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore KOAS Co. Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for KOAS Co. Ltd (2012–2024)
The table below shows the annual net assets of KOAS Co. Ltd from 2012 to 2024. For live valuation and market cap data, see 071950 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩2.43 Billion ≈ $1.64 Million |
-77.63% |
| 2023-12-31 | ₩10.85 Billion ≈ $7.35 Million |
-39.30% |
| 2022-12-31 | ₩17.87 Billion ≈ $12.11 Million |
-6.14% |
| 2021-12-31 | ₩19.04 Billion ≈ $12.90 Million |
-20.62% |
| 2020-12-31 | ₩23.99 Billion ≈ $16.26 Million |
-5.26% |
| 2019-12-31 | ₩25.32 Billion ≈ $17.16 Million |
+7.99% |
| 2018-12-31 | ₩23.45 Billion ≈ $15.89 Million |
-0.92% |
| 2017-12-31 | ₩23.66 Billion ≈ $16.04 Million |
-3.95% |
| 2016-12-31 | ₩24.64 Billion ≈ $16.70 Million |
-20.01% |
| 2015-12-31 | ₩30.80 Billion ≈ $20.87 Million |
-24.29% |
| 2014-12-31 | ₩40.68 Billion ≈ $27.57 Million |
+7.40% |
| 2013-12-31 | ₩37.88 Billion ≈ $25.67 Million |
-10.30% |
| 2012-12-31 | ₩42.23 Billion ≈ $28.62 Million |
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Equity Component Analysis
This analysis shows how different components contribute to KOAS Co. Ltd'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 2202990072000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩24.01 Billion | 1210.74% |
| Total Equity | ₩1.98 Billion | 100.00% |
KOAS Co. Ltd Competitors by Market Cap
The table below lists competitors of KOAS Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Walker River Resources Corp.
V:WRR
|
$11.11 Million |
|
Patria Private Equity Trust
LSE:PPET
|
$11.12 Million |
|
Concord Medical Services Holdings
NYSE:CCM
|
$11.12 Million |
|
Sarthak Metals Limited
NSE:SMLT
|
$11.13 Million |
|
Ruffer Investment Company Limited
LSE:RICA
|
$11.09 Million |
|
Energy Focu
NASDAQ:EFOI
|
$11.08 Million |
|
Baltic Classifieds Group PLC
LSE:BCG
|
$11.07 Million |
|
Wellgistics Health, Inc. Common Stock
NASDAQ:WGRX
|
$11.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KOAS Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,165,155,950 to 1,983,360,120, a change of -8,181,795,830 (-80.5%).
- Net loss of 8,869,310,650 reduced equity.
- Dividend payments of 214,975,400 reduced retained earnings.
- Share repurchases of 13,774,970 reduced equity.
- New share issuances of 999,999,500 increased equity.
- Other factors decreased equity by 83,734,310.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-8.87 Billion | -447.19% |
| Dividends Paid | ₩214.98 Million | -10.84% |
| Share Repurchases | ₩13.77 Million | -0.69% |
| Share Issuances | ₩1000.00 Million | +50.42% |
| Other Changes | ₩-83.73 Million | -4.22% |
| Total Change | ₩- | -80.49% |
Book Value vs Market Value Analysis
This analysis compares KOAS Co. Ltd'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: 2.40x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.90x to 2.40x 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 | ₩759.75 | ₩1446.00 | x |
| 2018-12-31 | ₩751.00 | ₩1446.00 | x |
| 2019-12-31 | ₩811.34 | ₩1446.00 | x |
| 2020-12-31 | ₩770.94 | ₩1446.00 | x |
| 2021-12-31 | ₩607.28 | ₩1446.00 | x |
| 2022-12-31 | ₩561.73 | ₩1446.00 | x |
| 2023-12-31 | ₩328.89 | ₩1446.00 | x |
| 2024-12-31 | ₩602.96 | ₩1446.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KOAS Co. Ltd 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): -447.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.38%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 41.60x
- Recent ROE (-447.19%) is below the historical average (-49.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.81% | 0.44% | 0.74x | 2.45x | ₩-3.88 Billion |
| 2013 | -21.33% | -9.16% | 0.89x | 2.60x | ₩-11.87 Billion |
| 2014 | 1.45% | 0.60% | 0.98x | 2.48x | ₩-3.48 Billion |
| 2015 | -35.08% | -11.18% | 1.08x | 2.91x | ₩-13.87 Billion |
| 2016 | -31.04% | -7.87% | 1.26x | 3.12x | ₩-10.11 Billion |
| 2017 | -3.20% | -0.66% | 1.44x | 3.37x | ₩-3.10 Billion |
| 2018 | -0.66% | -0.14% | 1.38x | 3.38x | ₩-2.47 Billion |
| 2019 | 8.64% | 1.92% | 1.46x | 3.08x | ₩-341.63 Million |
| 2020 | -6.99% | -1.70% | 1.34x | 3.07x | ₩-4.05 Billion |
| 2021 | -28.55% | -4.84% | 1.40x | 4.22x | ₩-7.24 Billion |
| 2022 | -11.00% | -1.95% | 1.28x | 4.39x | ₩-3.65 Billion |
| 2023 | -67.63% | -9.32% | 1.05x | 6.93x | ₩-7.89 Billion |
| 2024 | -447.19% | -11.38% | 0.94x | 41.60x | ₩-9.07 Billion |
Industry Comparison
This section compares KOAS Co. Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $298,122,712,452
- Average return on equity (ROE) among peers: 13.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KOAS Co. Ltd (071950) | ₩33.06 Billion | 0.81% | 1.50x | $11.09 Million |
| Shinil Electronics Co (002700) | $56.66 Billion | 16.65% | 0.50x | $69.15 Million |
| Ace Bed Company Limited (003800) | $370.77 Billion | 8.17% | 0.09x | $245.03 Million |
| Hankook Furniture Co. Ltd (004590) | $81.91 Billion | 7.01% | 0.22x | $57.74 Million |
| Hanssem (009240) | $541.53 Billion | 23.55% | 0.66x | $508.49 Million |
| Enex Co.Ltd (011090) | $43.67 Billion | 7.13% | 1.47x | $17.20 Million |
| Zinus Inc (013890) | $176.25 Billion | 24.74% | 1.92x | $191.83 Million |
| Fursys (016800) | $460.93 Billion | 7.39% | 0.08x | $217.72 Million |
| COWAY Co. Ltd (021240) | $1.08 Trillion | 30.91% | 1.65x | $4.19 Billion |
| PN Poong Nyun Co. Ltd (024940) | $48.02 Billion | 4.52% | 0.15x | $21.05 Million |
| Hansol Homedec (025750) | $124.30 Billion | 4.52% | 1.26x | $149.87 Million |
About KOAS Co. Ltd
KOAS Co., Ltd. produces and sells office furniture in South Korea. The company offers office furniture, including desk, panel, cabinet, executive, and conference systems; classroom, preschool, lecture room, library, dormitory, training center, laboratory, healthcare, student, and amenity furniture; executive, office, multi-use, and public chairs; and desks and tables. It also exports its products… Read more