Jr Global Reit (348950) - Net Assets
Based on the latest financial reports, Jr Global Reit (348950) has net assets worth ₩1.19 Trillion KRW (≈ $804.16 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 (₩2.78 Trillion ≈ $1.88 Billion USD) and total liabilities (₩1.59 Trillion ≈ $1.08 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. Check Jr Global Reit (348950) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.19 Trillion |
| % of Total Assets | 42.75% |
| Annual Growth Rate | 28.9% |
| 5-Year Change | 47.36% |
| 10-Year Change | N/A |
| Growth Volatility | 54.69 |
Jr Global Reit - Net Assets Trend (2020–2025)
This chart illustrates how Jr Global Reit's net assets have evolved over time, based on quarterly financial data. Also explore 348950 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Jr Global Reit (2020–2025)
The table below shows the annual net assets of Jr Global Reit from 2020 to 2025. For live valuation and market cap data, see 348950 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ₩1.20 Trillion ≈ $813.72 Million |
+43.46% |
| 2024-06-30 | ₩836.97 Billion ≈ $567.20 Million |
-5.13% |
| 2023-06-30 | ₩882.19 Billion ≈ $597.85 Million |
+11.44% |
| 2022-06-30 | ₩791.62 Billion ≈ $536.47 Million |
-2.85% |
| 2021-06-30 | ₩814.86 Billion ≈ $552.22 Million |
+141.41% |
| 2020-06-30 | ₩337.55 Billion ≈ $228.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jr Global Reit'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 27536143736000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩275.26 Billion | 22.93% |
| Other Components | ₩925.36 Billion | 77.07% |
| Total Equity | ₩1.20 Trillion | 100.00% |
Jr Global Reit Competitors by Market Cap
The table below lists competitors of Jr Global Reit ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nabors Energy Transition Corp. II Class A Ordinary Shares
NASDAQ:NETD
|
$158.11 Million |
|
Lionsgate Studios Holding Corp. (to be renamed Lionsgate Studios Corp.)
NYSE:LION
|
$158.12 Million |
|
Theta Gold Mines Ltd
AU:TGM
|
$158.19 Million |
|
Sino-Ocean Group Holding Limited
F:3SD
|
$158.20 Million |
|
Thong Guan Industries Bhd
KLSE:7034
|
$158.07 Million |
|
Cadence Capital Ltd
AU:CDM
|
$158.02 Million |
|
Niko Semiconductor Co Ltd
TWO:3317
|
$157.94 Million |
|
Paramount Corporation Bhd
KLSE:1724
|
$157.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jr Global Reit's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 836,844,607,730 to 1,200,613,682,210, a change of 363,769,074,480 (43.5%).
- Net income of 30,735,019,560 contributed positively to equity growth.
- Dividend payments of 38,499,476,000 reduced retained earnings.
- Other factors increased equity by 371,533,530,920.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩30.74 Billion | +2.56% |
| Dividends Paid | ₩38.50 Billion | -3.21% |
| Other Changes | ₩371.53 Billion | +30.95% |
| Total Change | ₩- | 43.47% |
Book Value vs Market Value Analysis
This analysis compares Jr Global Reit'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: 0.19x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.58x to 0.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | ₩2038.32 | ₩1182.00 | x |
| 2021-06-30 | ₩4733.06 | ₩1182.00 | x |
| 2022-06-30 | ₩4779.57 | ₩1182.00 | x |
| 2023-06-30 | ₩4468.98 | ₩1182.00 | x |
| 2024-06-30 | ₩4239.85 | ₩1182.00 | x |
| 2025-06-30 | ₩6082.88 | ₩1182.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jr Global Reit 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): 2.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 41.09%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 2.19x
- Recent ROE (2.56%) is above the historical average (2.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -0.03% | 0.00% | 0.00x | 1.00x | ₩-33.84 Billion |
| 2021 | 2.22% | 33.28% | 0.03x | 2.23x | ₩-63.40 Billion |
| 2022 | 1.82% | 29.10% | 0.02x | 2.53x | ₩-64.71 Billion |
| 2023 | 3.03% | 46.68% | 0.03x | 2.33x | ₩-61.48 Billion |
| 2024 | 2.90% | 39.45% | 0.03x | 2.54x | ₩-59.45 Billion |
| 2025 | 2.56% | 41.09% | 0.03x | 2.19x | ₩-89.33 Billion |
Industry Comparison
This section compares Jr Global Reit's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $283,548,419,721
- Average return on equity (ROE) among peers: 6.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jr Global Reit (348950) | ₩1.19 Trillion | -0.03% | 1.34x | $158.10 Million |
| Korea Real Estate Investment & Trust Co Ltd (034830) | $430.73 Billion | 13.89% | 0.20x | $233.17 Million |
| E KOCREF CR REIT (088260) | $268.86 Billion | 2.41% | 1.70x | $213.13 Million |
| Korea Asset In Trust Co Ltd (123890) | $593.12 Billion | 17.26% | 0.70x | $220.17 Million |
| Ktop Reit (145270) | $95.64 Billion | 10.51% | 1.83x | $28.85 Million |
| Nh Prime Reit Co Ltd (338100) | $99.56 Billion | 7.39% | 0.00x | $60.32 Million |
| Koramco Energy Plus Reit Co Ltd (357120) | $453.64 Billion | 2.62% | 1.77x | $309.04 Million |
| Mirae Asset Maps Reit 1 Co Ltd (357250) | $88.58 Billion | 1.61% | 2.27x | $40.48 Million |
| D&D Platform Reit Co Ltd (377190) | $371.21 Billion | 0.68% | 1.79x | $192.60 Million |
| Mirae Asset Global REIT Co. Ltd. (396690) | $150.60 Billion | 1.63% | 1.34x | $58.78 Million |
About Jr Global Reit
JR Global REIT was founded in 2014 and is headquartered in Seoul, South Korea.