A Plus Asset Advisor Co Ltd
Aplus Asset Advisor Co. Ltd provides life and non-life insurance products. It also offers coverage analysis services; and comparative sales services of good insurance. In addition, the company provides health care services, such as health consultations with medical and nursing professionals, overseas medical emergency assistance services, dementia prevention solutions, and psychological counselin… Read more
A Plus Asset Advisor Co Ltd (244920) - Net Assets
Latest net assets as of September 2025: ₩253.76 Billion KRW
Based on the latest financial reports, A Plus Asset Advisor Co Ltd (244920) has net assets worth ₩253.76 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩496.08 Billion) and total liabilities (₩242.32 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 | ₩253.76 Billion |
| % of Total Assets | 51.15% |
| Annual Growth Rate | 27.84% |
| 5-Year Change | 117.33% |
| 10-Year Change | N/A |
| Growth Volatility | 19.1 |
A Plus Asset Advisor Co Ltd - Net Assets Trend (2018–2024)
This chart illustrates how A Plus Asset Advisor Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for A Plus Asset Advisor Co Ltd (2018–2024)
The table below shows the annual net assets of A Plus Asset Advisor Co Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩243.77 Billion | +28.62% |
| 2023-12-31 | ₩189.54 Billion | +1.82% |
| 2022-12-31 | ₩186.15 Billion | +45.88% |
| 2021-12-31 | ₩127.60 Billion | +13.76% |
| 2020-12-31 | ₩112.17 Billion | +59.42% |
| 2019-12-31 | ₩70.36 Billion | +26.04% |
| 2018-12-31 | ₩55.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to A Plus Asset Advisor 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 420.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩114.48 Billion | 76.05% |
| Other Components | ₩36.06 Billion | 23.95% |
| Total Equity | ₩150.54 Billion | 100.00% |
A Plus Asset Advisor Co Ltd Competitors by Market Cap
The table below lists competitors of A Plus Asset Advisor Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Japan Display Inc
PINK:JNNDF
|
$97.39 Million |
|
Husteel
KO:005010
|
$97.43 Million |
|
HEXAOM S.A. EO -18
F:88M
|
$97.48 Million |
|
Richmond Mutual Bancorporation Inc
NASDAQ:RMBI
|
$97.48 Million |
|
Paradigm Biopharmaceuticals Limited
PINK:PBIGF
|
$97.36 Million |
|
Dimand S.A.
AT:DIMAND
|
$97.35 Million |
|
Nexity SA
PINK:NNXXY
|
$97.33 Million |
|
Sunflag Iron And Steel Company Limited
NSE:SUNFLAG
|
$97.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in A Plus Asset Advisor Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 150,363,919,580 to 150,535,119,360, a change of 171,199,780 (0.1%).
- Net income of 2,480,214,830 contributed positively to equity growth.
- Other factors decreased equity by 2,309,015,050.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.48 Billion | +1.65% |
| Other Changes | ₩-2.31 Billion | -1.53% |
| Total Change | ₩- | 0.11% |
Book Value vs Market Value Analysis
This analysis compares A Plus Asset Advisor 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: 1.80x
- 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 6.69x to 1.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ₩1790.45 | ₩11970.00 | x |
| 2019-12-31 | ₩2416.00 | ₩11970.00 | x |
| 2020-12-31 | ₩4162.53 | ₩11970.00 | x |
| 2021-12-31 | ₩4340.57 | ₩11970.00 | x |
| 2022-12-31 | ₩6449.25 | ₩11970.00 | x |
| 2023-12-31 | ₩6651.01 | ₩11970.00 | x |
| 2024-12-31 | ₩6658.58 | ₩11970.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently A Plus Asset Advisor 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): 1.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.48%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 3.18x
- Recent ROE (1.65%) is below the historical average (19.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 20.07% | 3.32% | 1.22x | 4.97x | ₩3.87 Billion |
| 2019 | 40.26% | 7.29% | 1.16x | 4.75x | ₩15.69 Billion |
| 2020 | 23.03% | 7.60% | 1.13x | 2.67x | ₩12.26 Billion |
| 2021 | 12.33% | 4.69% | 0.90x | 2.91x | ₩2.29 Billion |
| 2022 | 34.52% | 18.59% | 0.78x | 2.37x | ₩35.75 Billion |
| 2023 | 6.78% | 2.91% | 0.94x | 2.48x | ₩-4.84 Billion |
| 2024 | 1.65% | 0.48% | 1.08x | 3.18x | ₩-12.57 Billion |
Industry Comparison
This section compares A Plus Asset Advisor Co Ltd's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $5,175,465,610,820
- Average return on equity (ROE) among peers: 4.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| A Plus Asset Advisor Co Ltd (244920) | ₩253.76 Billion | 20.07% | 0.95x | $97.37 Million |
| SEOUL GUARANTEE INSURANCE (031210) | $5.18 Trillion | 4.12% | 0.80x | $397.97 Million |