Jb Financial
JB Financial Group Co., Ltd., through its subsidiaries, engages in the provision of financial services in South Korea and internationally. It is involved in banking business for smaller enterprises, merchants, and households; installment financing, rental of facilities; asset management in the energy and resources fund markets; venture investment; microfinance; and securities business. The compan… Read more
Jb Financial (175330) - Net Assets
Latest net assets as of September 2025: ₩6.02 Trillion KRW
Based on the latest financial reports, Jb Financial (175330) has net assets worth ₩6.02 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩71.25 Trillion) and total liabilities (₩65.24 Trillion). 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 | ₩6.02 Trillion |
| % of Total Assets | 8.44% |
| Annual Growth Rate | 17.84% |
| 5-Year Change | 42.09% |
| 10-Year Change | 113.71% |
| Growth Volatility | 38.25 |
Jb Financial - Net Assets Trend (2013–2024)
This chart illustrates how Jb Financial's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jb Financial (2013–2024)
The table below shows the annual net assets of Jb Financial from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩5.72 Trillion | +11.90% |
| 2023-12-31 | ₩5.12 Trillion | +7.41% |
| 2022-12-31 | ₩4.76 Trillion | +10.08% |
| 2021-12-31 | ₩4.33 Trillion | +7.39% |
| 2020-12-31 | ₩4.03 Trillion | +5.47% |
| 2019-12-31 | ₩3.82 Trillion | +10.45% |
| 2018-12-31 | ₩3.46 Trillion | +12.05% |
| 2017-12-31 | ₩3.09 Trillion | +4.14% |
| 2016-12-31 | ₩2.96 Trillion | +10.64% |
| 2015-12-31 | ₩2.68 Trillion | +17.52% |
| 2014-12-31 | ₩2.28 Trillion | +142.22% |
| 2013-12-31 | ₩941.07 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jb Financial'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 12514.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩3.42 Trillion | 61.37% |
| Other Components | ₩2.16 Trillion | 38.63% |
| Total Equity | ₩5.58 Trillion | 100.00% |
Jb Financial Competitors by Market Cap
The table below lists competitors of Jb Financial ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dongxing Sec Co Ltd
SHG:601198
|
$2.60 Billion |
|
Acushnet Holdings Corp
NYSE:GOLF
|
$2.60 Billion |
|
PREMIUM BRANDS HLDGS(NEW)
F:5P7
|
$2.60 Billion |
|
Apple Hospitality REIT Inc
NYSE:APLE
|
$2.60 Billion |
|
L&K Engineering Co Ltd
TW:6139
|
$2.60 Billion |
|
CHINA TOWER CORP. H YC 1
F:2Y1
|
$2.59 Billion |
|
PT Adaro Energy Tbk
PINK:PADEF
|
$2.59 Billion |
|
Power Integrations Inc
NASDAQ:POWI
|
$2.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jb Financial's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,002,763,000,000 to 5,580,578,000,000, a change of 577,815,000,000 (11.5%).
- Net income of 677,517,000,000 contributed positively to equity growth.
- Dividend payments of 220,359,000,000 reduced retained earnings.
- Share repurchases of 29,987,000,000 reduced equity.
- New share issuances of 4,985,000,000 increased equity.
- Other factors increased equity by 145,659,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩677.52 Billion | +12.14% |
| Dividends Paid | ₩220.36 Billion | -3.95% |
| Share Repurchases | ₩29.99 Billion | -0.54% |
| Share Issuances | ₩4.99 Billion | +0.09% |
| Other Changes | ₩145.66 Billion | +2.61% |
| Total Change | ₩- | 11.55% |
Book Value vs Market Value Analysis
This analysis compares Jb Financial'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: 1.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.85x to 1.00x 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 | ₩15894.84 | ₩29450.00 | x |
| 2018-12-31 | ₩16114.13 | ₩29450.00 | x |
| 2019-12-31 | ₩17854.31 | ₩29450.00 | x |
| 2020-12-31 | ₩19328.21 | ₩29450.00 | x |
| 2021-12-31 | ₩21392.03 | ₩29450.00 | x |
| 2022-12-31 | ₩23551.35 | ₩29450.00 | x |
| 2023-12-31 | ₩26119.52 | ₩29450.00 | x |
| 2024-12-31 | ₩29347.59 | ₩29450.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jb Financial 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): 12.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.24%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 11.96x
- Recent ROE (12.14%) is above the historical average (10.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 3.45% | 4.93% | 0.03x | 20.55x | ₩-51.63 Billion |
| 2014 | 29.38% | 30.27% | 0.05x | 19.00x | ₩362.15 Billion |
| 2015 | 5.36% | 10.22% | 0.03x | 18.60x | ₩-99.30 Billion |
| 2016 | 8.86% | 21.33% | 0.02x | 20.09x | ₩-26.07 Billion |
| 2017 | 7.62% | 17.05% | 0.02x | 19.59x | ₩-57.88 Billion |
| 2018 | 7.71% | 20.33% | 0.03x | 14.94x | ₩-71.63 Billion |
| 2019 | 9.85% | 27.31% | 0.03x | 13.70x | ₩-5.05 Billion |
| 2020 | 9.68% | 24.91% | 0.03x | 14.21x | ₩-12.12 Billion |
| 2021 | 12.18% | 30.07% | 0.03x | 13.57x | ₩90.82 Billion |
| 2022 | 13.13% | 30.87% | 0.03x | 13.07x | ₩143.31 Billion |
| 2023 | 11.71% | 26.30% | 0.04x | 12.67x | ₩85.70 Billion |
| 2024 | 12.14% | 28.24% | 0.04x | 11.96x | ₩119.46 Billion |
Industry Comparison
This section compares Jb Financial's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $14,454,822,590,398
- Average return on equity (ROE) among peers: 7.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jb Financial (175330) | ₩6.02 Trillion | 3.45% | 10.85x | $2.60 Billion |
| Jeju Bank (006220) | $103.63 Billion | 4.58% | 16.33x | $73.09 Million |
| Industrial Bank Of Korea (024110) | $29.11 Trillion | 9.53% | 13.84x | $5.09 Billion |
| Hana Financial (086790) | $24.83 Trillion | 8.20% | 13.50x | $19.46 Billion |
| Dgb Financial (139130) | $3.78 Trillion | 7.79% | 12.54x | $1.56 Billion |