A Plus Asset Advisor Co Ltd (244920) - Net Assets
Based on the latest financial reports, A Plus Asset Advisor Co Ltd (244920) has net assets worth ₩261.19 Billion KRW (≈ $177.01 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 (₩515.34 Billion ≈ $349.24 Million USD) and total liabilities (₩254.14 Billion ≈ $172.23 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 244920 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩261.19 Billion |
| % of Total Assets | 50.68% |
| Annual Growth Rate | 24.66% |
| 5-Year Change | 104.69% |
| 10-Year Change | N/A |
| Growth Volatility | 19.3 |
A Plus Asset Advisor Co Ltd - Net Assets Trend (2018–2025)
This chart illustrates how A Plus Asset Advisor Co Ltd's net assets have evolved over time, based on quarterly financial data. See A Plus Asset Advisor Co Ltd (244920) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for A Plus Asset Advisor Co Ltd (2018–2025)
The table below shows the annual net assets of A Plus Asset Advisor Co Ltd from 2018 to 2025. For live valuation and market cap data, see A Plus Asset Advisor Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩261.19 Billion ≈ $177.01 Million |
+7.15% |
| 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 |
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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 504.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩132.96 Billion | 78.35% |
| Other Components | ₩36.74 Billion | 21.65% |
| Total Equity | ₩169.69 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 |
|---|---|
|
Media Nusantara Citra Tbk PT
JK:MNCN
|
$165.86 Million |
|
Black Spade Acquisition II Co Unit
NASDAQ:BSIIU
|
$165.94 Million |
|
Premium Income Corporation
TO:PIC-A
|
$166.03 Million |
|
Roularta
BR:ROU
|
$166.04 Million |
|
Baran Group Ltd
TA:BRAN
|
$165.77 Million |
|
IZMO Limited
NSE:IZMO
|
$165.75 Million |
|
InfuSystems Holdings Inc
NYSE MKT:INFU
|
$165.69 Million |
|
Astral Resources NL
AU:AAR
|
$165.67 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 2024 to 2025, total equity changed from 150,535,119,360 to 169,692,781,330, a change of 19,157,661,970 (12.7%).
- Net income of 22,122,549,850 contributed positively to equity growth.
- Other factors decreased equity by 2,964,887,880.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩22.12 Billion | +13.04% |
| Other Changes | ₩-2.96 Billion | -1.75% |
| Total Change | ₩- | 12.73% |
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: 1.44x
- 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 6.04x to 1.44x 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 | ₩10820.00 | x |
| 2019-12-31 | ₩2416.00 | ₩10820.00 | x |
| 2020-12-31 | ₩4162.53 | ₩10820.00 | x |
| 2021-12-31 | ₩4340.57 | ₩10820.00 | x |
| 2022-12-31 | ₩6449.25 | ₩10820.00 | x |
| 2023-12-31 | ₩6651.01 | ₩10820.00 | x |
| 2024-12-31 | ₩6658.58 | ₩10820.00 | x |
| 2025-12-31 | ₩7505.98 | ₩10820.00 | 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): 13.04%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.24%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 3.04x
- Recent ROE (13.04%) is below the historical average (18.96%), 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 |
| 2025 | 13.04% | 3.24% | 1.32x | 3.04x | ₩5.15 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
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