Korea Asset In Trust Co Ltd (123890) - Net Assets
Based on the latest financial reports, Korea Asset In Trust Co Ltd (123890) has net assets worth ₩1.08 Trillion KRW (≈ $734.15 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.74 Trillion ≈ $1.18 Billion USD) and total liabilities (₩654.89 Billion ≈ $443.81 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 Korea Asset In Trust Co Ltd (123890) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.08 Trillion |
| % of Total Assets | 62.32% |
| Annual Growth Rate | 18.03% |
| 5-Year Change | 27.56% |
| 10-Year Change | 159.8% |
| Growth Volatility | 18.97 |
Korea Asset In Trust Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Korea Asset In Trust Co Ltd's net assets have evolved over time, based on quarterly financial data. See 123890 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Korea Asset In Trust Co Ltd (2012–2025)
The table below shows the annual net assets of Korea Asset In Trust Co Ltd from 2012 to 2025. For live valuation and market cap data, see Korea Asset In Trust Co Ltd (123890) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩1.08 Trillion ≈ $734.15 Million |
+3.59% |
| 2024-12-31 | ₩1.05 Trillion ≈ $708.69 Million |
+1.03% |
| 2023-12-31 | ₩1.04 Trillion ≈ $701.44 Million |
+11.01% |
| 2022-12-31 | ₩932.43 Billion ≈ $631.90 Million |
+9.79% |
| 2021-12-31 | ₩849.26 Billion ≈ $575.53 Million |
+10.46% |
| 2020-12-31 | ₩768.87 Billion ≈ $521.05 Million |
+16.15% |
| 2019-12-31 | ₩661.96 Billion ≈ $448.60 Million |
+11.60% |
| 2018-12-31 | ₩593.12 Billion ≈ $401.95 Million |
+14.85% |
| 2017-12-31 | ₩516.46 Billion ≈ $349.99 Million |
+23.86% |
| 2016-12-31 | ₩416.98 Billion ≈ $282.58 Million |
+78.42% |
| 2015-12-31 | ₩233.71 Billion ≈ $158.38 Million |
+29.40% |
| 2014-12-31 | ₩180.61 Billion ≈ $122.40 Million |
+28.89% |
| 2013-12-31 | ₩140.13 Billion ≈ $94.97 Million |
+11.53% |
| 2012-12-31 | ₩125.64 Billion ≈ $85.14 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Korea Asset In Trust 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 grown by 886.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩951.40 Billion | 87.82% |
| Other Components | ₩131.93 Billion | 12.18% |
| Total Equity | ₩1.08 Trillion | 100.00% |
Korea Asset In Trust Co Ltd Competitors by Market Cap
The table below lists competitors of Korea Asset In Trust Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Chieftain Control Engineering Technology Co Ltd
SHE:300430
|
$194.98 Million |
|
Symphony International Holdings Ltd
LSE:SIHL
|
$195.08 Million |
|
Savior Lifetec
TWO:4167
|
$195.12 Million |
|
Bleichroeder Acquisition Corp. I Class A Ordinary Shares
NASDAQ:BACQ
|
$195.26 Million |
|
Huons Global Co. Ltd
KQ:084110
|
$194.82 Million |
|
Adel Kalemcilik Ticaret ve Sanayi AS
IS:ADEL
|
$194.75 Million |
|
Daewonkangup
KO:000430
|
$194.75 Million |
|
Bygg Partner i Dalarna Holding AB
ST:BYGGP
|
$194.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korea Asset In Trust Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,045,754,337,170 to 1,083,326,461,960, a change of 37,572,124,790 (3.6%).
- Net income of 49,381,582,680 contributed positively to equity growth.
- Dividend payments of 12,236,705,500 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩49.38 Billion | +4.56% |
| Dividends Paid | ₩12.24 Billion | -1.13% |
| Other Changes | ₩427.25 Million | +0.04% |
| Total Change | ₩- | 3.59% |
Book Value vs Market Value Analysis
This analysis compares Korea Asset In Trust 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: 0.27x
- 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.
- The price-to-book ratio has decreased from 0.51x to 0.27x 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 | ₩4579.64 | ₩2350.00 | x |
| 2018-12-31 | ₩5331.60 | ₩2350.00 | x |
| 2019-12-31 | ₩5950.43 | ₩2350.00 | x |
| 2020-12-31 | ₩6283.32 | ₩2350.00 | x |
| 2021-12-31 | ₩6940.27 | ₩2350.00 | x |
| 2022-12-31 | ₩7619.97 | ₩2350.00 | x |
| 2023-12-31 | ₩8458.55 | ₩2350.00 | x |
| 2024-12-31 | ₩8546.04 | ₩2350.00 | x |
| 2025-12-31 | ₩8853.09 | ₩2350.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korea Asset In Trust 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): 4.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.17%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.60x
- Recent ROE (4.56%) is below the historical average (12.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.23x | 1.58x | ₩-18.06 Billion |
| 2015 | 18.33% | 45.54% | 0.26x | 1.52x | ₩19.23 Billion |
| 2016 | 17.60% | 53.35% | 0.24x | 1.37x | ₩31.44 Billion |
| 2017 | 24.52% | 56.42% | 0.29x | 1.52x | ₩74.33 Billion |
| 2018 | 17.26% | 45.18% | 0.22x | 1.70x | ₩43.04 Billion |
| 2019 | 13.54% | 40.13% | 0.18x | 1.87x | ₩23.41 Billion |
| 2020 | 16.91% | 54.16% | 0.20x | 1.57x | ₩53.12 Billion |
| 2021 | 12.65% | 50.56% | 0.17x | 1.49x | ₩22.53 Billion |
| 2022 | 11.61% | 46.46% | 0.17x | 1.46x | ₩15.00 Billion |
| 2023 | 12.53% | 50.04% | 0.18x | 1.43x | ₩26.14 Billion |
| 2024 | 3.58% | 16.53% | 0.13x | 1.65x | ₩-67.15 Billion |
| 2025 | 4.56% | 24.17% | 0.12x | 1.60x | ₩-58.95 Billion |
Industry Comparison
This section compares Korea Asset In Trust Co Ltd's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $302,102,655,582
- Average return on equity (ROE) among peers: 4.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Korea Asset In Trust Co Ltd (123890) | ₩1.08 Trillion | 0.00% | 0.60x | $194.88 Million |
| Korea Real Estate Investment & Trust Co Ltd (034830) | $1.02 Trillion | 13.60% | 0.68x | $181.05 Million |
| E KOCREF CR REIT (088260) | $237.91 Billion | 3.62% | 1.91x | $150.88 Million |
| Ktop Reit (145270) | $78.64 Billion | 14.19% | 1.92x | $24.74 Million |
| Nh Prime Reit Co Ltd (338100) | $110.28 Billion | 11.59% | 0.00x | $48.50 Million |
| Jr Global Reit (348950) | $337.55 Billion | -0.03% | 0.00x | $158.10 Million |
| Koramco Energy Plus Reit Co Ltd (357120) | $352.68 Billion | -1.35% | 1.95x | $277.70 Million |
| Mirae Asset Maps Reit 1 Co Ltd (357250) | $96.09 Billion | 0.27% | 2.13x | $30.83 Million |
| D&D Platform Reit Co Ltd (377190) | $329.02 Billion | 0.84% | 1.32x | $121.31 Million |
| Mirae Asset Global REIT Co. Ltd. (396690) | $151.94 Billion | -3.42% | 1.45x | $40.80 Million |
About Korea Asset In Trust Co Ltd
Korea Asset In Trust Co., Ltd. operates as a real estate trust company in South Korea. It provides land development, management, disposal, collateral, and sale management trust services; real estate consulting and agency services; and trust maintenance and tax services. The company also offers asset-backed and mortgage bonds, and bond secured securities, as well as real estate investment and proj… Read more