A Plus Asset Advisor Co Ltd (244920) - Net Assets

Latest as of September 2025: ₩253.76 Billion KRW ≈ $171.97 Million USD

Based on the latest financial reports, A Plus Asset Advisor Co Ltd (244920) has net assets worth ₩253.76 Billion KRW (≈ $171.97 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 (₩496.08 Billion ≈ $336.19 Million USD) and total liabilities (₩242.32 Billion ≈ $164.22 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 how resilient are A Plus Asset Advisor Co Ltd's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore 244920 current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see A Plus Asset Advisor Co Ltd market capitalisation.

Year	Net Assets	Change
2024-12-31	₩243.77 Billion ≈ $165.20 Million	+28.62%
2023-12-31	₩189.54 Billion ≈ $128.45 Million	+1.82%
2022-12-31	₩186.15 Billion ≈ $126.15 Million	+45.88%
2021-12-31	₩127.60 Billion ≈ $86.47 Million	+13.76%
2020-12-31	₩112.17 Billion ≈ $76.02 Million	+59.42%
2019-12-31	₩70.36 Billion ≈ $47.68 Million	+26.04%
2018-12-31	₩55.83 Billion ≈ $37.83 Million	--

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
Hocheng Corp TW:1810	$165.48 Million
Soke Degirmencilik AS IS:SOKE	$165.51 Million
Rico Auto Industries Limited NSE:RICOAUTO	$165.53 Million
Fortifai Ltd AU:FTI	$165.64 Million
Oriola-KD Oyj B HE:OKDBV	$165.45 Million
Namyong Terminal PCL BK:NYT	$165.42 Million
Kao Hsiung Chang Iron & Steel Corp TW:2008	$165.35 Million
Greenland Resources Inc NEO:MOLY	$165.34 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: 1.62x
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 6.03x to 1.62x 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	₩10800.00	x
2019-12-31	₩2416.00	₩10800.00	x
2020-12-31	₩4162.53	₩10800.00	x
2021-12-31	₩4340.57	₩10800.00	x
2022-12-31	₩6449.25	₩10800.00	x
2023-12-31	₩6651.01	₩10800.00	x
2024-12-31	₩6658.58	₩10800.00	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.

No peer company data available for comparison.

About A Plus Asset Advisor Co Ltd

KO:244920 Korea Insurance - Diversified

Market Cap

$165.47 Million

₩244.16 Billion KRW

Market Cap Rank

#17238 Global

#783 in Korea

Share Price

₩10800.00

Change (1 day)

+0.19%

52-Week Range

₩4650.00 - ₩14780.00

All Time High

₩14780.00