KakaoBank Corp (323410) - Net Assets
Based on the latest financial reports, KakaoBank Corp (323410) has net assets worth ₩6.62 Trillion KRW (≈ $4.49 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩77.66 Trillion ≈ $52.63 Billion USD) and total liabilities (₩71.04 Trillion ≈ $48.14 Billion 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. Also explore KakaoBank Corp asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩6.62 Trillion |
| % of Total Assets | 8.53% |
| Annual Growth Rate | 33.53% |
| 5-Year Change | 22.25% |
| 10-Year Change | N/A |
| Growth Volatility | 35.05 |
KakaoBank Corp - Net Assets Trend (2017–2025)
This chart illustrates how KakaoBank Corp's net assets have evolved over time, based on quarterly financial data. Check KakaoBank Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for KakaoBank Corp (2017–2025)
The table below shows the annual net assets of KakaoBank Corp from 2017 to 2025. For live valuation and market cap data, see how much is KakaoBank Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩6.75 Trillion ≈ $4.57 Billion |
+3.21% |
| 2024-12-31 | ₩6.54 Trillion ≈ $4.43 Billion |
+6.91% |
| 2023-12-31 | ₩6.12 Trillion ≈ $4.15 Billion |
+7.04% |
| 2022-12-31 | ₩5.72 Trillion ≈ $3.87 Billion |
+3.51% |
| 2021-12-31 | ₩5.52 Trillion ≈ $3.74 Billion |
+97.41% |
| 2020-12-31 | ₩2.80 Trillion ≈ $1.90 Billion |
+66.61% |
| 2019-12-31 | ₩1.68 Trillion ≈ $1.14 Billion |
+47.20% |
| 2018-12-31 | ₩1.14 Trillion ≈ $772.84 Million |
+70.76% |
| 2017-12-31 | ₩667.86 Billion ≈ $452.60 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to KakaoBank Corp'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 155175580246000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.43 Trillion | 21.21% |
| Other Components | ₩5.32 Trillion | 78.79% |
| Total Equity | ₩6.75 Trillion | 100.00% |
KakaoBank Corp Competitors by Market Cap
The table below lists competitors of KakaoBank Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alkem Laboratories Limited
NSE:ALKEM
|
$7.19 Billion |
|
Yapi ve Kredi Bankasi AS
IS:YKBNK
|
$7.19 Billion |
|
Korean Air Lines Co
KO:003490
|
$7.20 Billion |
|
Engie Brasil Energia S.A.
SA:EGIE3
|
$7.20 Billion |
|
VinFast Auto Ltd. Ordinary Shares
NASDAQ:VFS
|
$7.18 Billion |
|
Gotion High tech Co Ltd
SHE:002074
|
$7.18 Billion |
|
Flughafen Zurich
SW:FHZN
|
$7.18 Billion |
|
Zhongfu Shenying Carbon Fiber Co. Ltd. A
SHG:688295
|
$7.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KakaoBank Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,540,131,000,000 to 6,749,866,000,000, a change of 209,735,000,000 (3.2%).
- Net income of 480,280,000,000 contributed positively to equity growth.
- Dividend payments of 171,520,000,000 reduced retained earnings.
- New share issuances of 234,000,000 increased equity.
- Other factors decreased equity by 99,259,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩480.28 Billion | +7.12% |
| Dividends Paid | ₩171.52 Billion | -2.54% |
| Share Issuances | ₩234.00 Million | +0.0% |
| Other Changes | ₩-99.26 Billion | -1.47% |
| Total Change | ₩- | 3.21% |
Book Value vs Market Value Analysis
This analysis compares KakaoBank Corp'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: 1.57x
- 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 13.65x to 1.57x 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 | ₩1630.31 | ₩22250.00 | x |
| 2018-12-31 | ₩2783.86 | ₩22250.00 | x |
| 2019-12-31 | ₩4097.94 | ₩22250.00 | x |
| 2020-12-31 | ₩6827.68 | ₩22250.00 | x |
| 2021-12-31 | ₩11621.48 | ₩22250.00 | x |
| 2022-12-31 | ₩11988.13 | ₩22250.00 | x |
| 2023-12-31 | ₩12843.13 | ₩22250.00 | x |
| 2024-12-31 | ₩13727.19 | ₩22250.00 | x |
| 2025-12-31 | ₩14166.76 | ₩22250.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KakaoBank Corp 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): 7.12%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.16%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 11.32x
- Recent ROE (7.12%) is above the historical average (1.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -15.65% | 0.00% | 0.00x | 8.75x | ₩-171.28 Billion |
| 2018 | -1.84% | -17.22% | 0.01x | 10.63x | ₩-135.00 Billion |
| 2019 | 0.82% | 6.57% | 0.01x | 13.54x | ₩-154.14 Billion |
| 2020 | 4.06% | 26.13% | 0.02x | 9.53x | ₩-166.06 Billion |
| 2021 | 3.70% | 33.71% | 0.02x | 6.53x | ₩-348.01 Billion |
| 2022 | 4.60% | 25.93% | 0.03x | 6.91x | ₩-308.42 Billion |
| 2023 | 5.80% | 27.55% | 0.02x | 8.91x | ₩-256.86 Billion |
| 2024 | 6.73% | 28.88% | 0.02x | 9.60x | ₩-213.95 Billion |
| 2025 | 7.12% | 30.16% | 0.02x | 11.32x | ₩-194.71 Billion |
Industry Comparison
This section compares KakaoBank Corp's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $14,416,264,487,667
- Average return on equity (ROE) among peers: 7.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KakaoBank Corp (323410) | ₩6.62 Trillion | -15.65% | 10.72x | $7.18 Billion |
| Jeju Bank (006220) | $108.54 Billion | 5.84% | 16.34x | $253.85 Million |
| Industrial Bank Of Korea (024110) | $17.29 Trillion | 6.61% | 12.87x | $11.51 Billion |
| Shinhan Financial Group (055550) | $8.21 Trillion | 17.37% | 16.48x | $34.51 Billion |
| Hana Financial (086790) | $20.89 Trillion | 4.38% | 13.13x | $23.32 Billion |
| KB Financial Group (105560) | $39.24 Trillion | 1.38% | 0.15x | $40.89 Billion |
| BNK Financial Group Inc (138930) | $3.26 Trillion | 11.09% | 12.18x | $3.95 Billion |
| Dgb Financial (139130) | $1.77 Trillion | 9.62% | 14.86x | $1.93 Billion |
| Jb Financial (175330) | $3.09 Trillion | 6.00% | 14.42x | $3.37 Billion |
| Woori Financial Group Inc (316140) | $35.90 Trillion | 8.60% | 13.65x | $15.23 Billion |
About KakaoBank Corp
KakaoBank Corp., an Internet bank, provides banking services through electronic financial transaction method in South Korea. It offers various deposits, including checking, group, safe box, piggy bank, journal account, time deposits, flexible savings, and 26 week and one month savings accounts; loans, comprising micro, overdraft, credit, used car, housing deposit, housing deposit loan refinancing… Read more