Koramco Energy Plus Reit Co Ltd (357120) - Net Assets
Based on the latest financial reports, Koramco Energy Plus Reit Co Ltd (357120) has net assets worth ₩483.27 Billion KRW (≈ $327.50 Million USD) as of February 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.26 Trillion ≈ $856.91 Million USD) and total liabilities (₩781.19 Billion ≈ $529.40 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. See 357120 net asset quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩483.27 Billion |
| % of Total Assets | 38.22% |
| Annual Growth Rate | 6.38% |
| 5-Year Change | 32.93% |
| 10-Year Change | N/A |
| Growth Volatility | 11.49 |
Koramco Energy Plus Reit Co Ltd - Net Assets Trend (2020–2025)
This chart illustrates how Koramco Energy Plus Reit Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Koramco Energy Plus Reit Co Ltd (357120) market capitalisation.
Annual Net Assets for Koramco Energy Plus Reit Co Ltd (2020–2025)
The table below shows the annual net assets of Koramco Energy Plus Reit Co Ltd from 2020 to 2025. Also explore Koramco Energy Plus Reit Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | ₩480.46 Billion ≈ $325.60 Million |
-1.88% |
| 2024-11-30 | ₩489.68 Billion ≈ $331.85 Million |
+7.94% |
| 2023-11-30 | ₩453.64 Billion ≈ $307.42 Million |
-2.46% |
| 2022-11-30 | ₩465.09 Billion ≈ $315.19 Million |
+28.68% |
| 2021-11-30 | ₩361.44 Billion ≈ $244.94 Million |
+2.48% |
| 2020-11-30 | ₩352.68 Billion ≈ $239.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Koramco Energy Plus Reit 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 decreased by 335.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩497.29 Billion | 103.50% |
| Total Equity | ₩480.46 Billion | 100.00% |
Koramco Energy Plus Reit Co Ltd Competitors by Market Cap
The table below lists competitors of Koramco Energy Plus Reit Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orell Fuessli Holding AG
SW:OFN
|
$270.48 Million |
|
Shanghai Dragonnet Tech
SHE:300245
|
$270.51 Million |
|
Ever Ohms Technology Co. Ltd.
TW:6834
|
$270.65 Million |
|
Colonial Coal International Corp
V:CAD
|
$270.78 Million |
|
Omega Flex Inc
NASDAQ:OFLX
|
$270.33 Million |
|
Guangdong Jiaying Pharmaceutical Co Ltd
SHE:002198
|
$270.32 Million |
|
CCS Supply Chain Management Co Ltd
SHG:600180
|
$270.31 Million |
|
Teraplast Bist
RO:TRP
|
$270.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Koramco Energy Plus Reit Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 489,675,383,730 to 480,457,433,050, a change of -9,217,950,680 (-1.9%).
- Net income of 6,673,467,250 contributed positively to equity growth.
- Dividend payments of 15,891,417,920 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.67 Billion | +1.39% |
| Dividends Paid | ₩15.89 Billion | -3.31% |
| Other Changes | ₩-10.00 | -0.0% |
| Total Change | ₩- | -1.88% |
Book Value vs Market Value Analysis
This analysis compares Koramco Energy Plus Reit 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: 0.83x
- 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 increased from 0.38x to 0.83x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-11-30 | ₩10793.22 | ₩4100.00 | x |
| 2021-11-30 | ₩5110.54 | ₩4100.00 | x |
| 2022-11-30 | ₩3829.63 | ₩4100.00 | x |
| 2023-11-30 | ₩5100.82 | ₩4100.00 | x |
| 2024-11-30 | ₩5030.81 | ₩4100.00 | x |
| 2025-11-30 | ₩4936.10 | ₩4100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Koramco Energy Plus Reit 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): 1.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.31%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 2.68x
- Recent ROE (1.39%) is below the historical average (1.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -1.35% | -19.40% | 0.02x | 2.95x | ₩-40.02 Billion |
| 2021 | 5.60% | 49.40% | 0.04x | 2.73x | ₩-15.89 Billion |
| 2022 | -0.10% | -1.38% | 0.03x | 2.75x | ₩-46.98 Billion |
| 2023 | 2.62% | 34.90% | 0.03x | 2.77x | ₩-33.47 Billion |
| 2024 | 2.51% | 35.19% | 0.03x | 2.61x | ₩-36.70 Billion |
| 2025 | 1.39% | 17.31% | 0.03x | 2.68x | ₩-41.37 Billion |
Industry Comparison
This section compares Koramco Energy Plus Reit Co Ltd's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $350,685,597,881
- Average return on equity (ROE) among peers: 1.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Koramco Energy Plus Reit Co Ltd (357120) | ₩483.27 Billion | -1.35% | 1.62x | $270.45 Million |
| Korea Real Estate Investment & Trust Co Ltd (034830) | $1.04 Trillion | 2.02% | 0.92x | $175.25 Million |
| E KOCREF CR REIT (088260) | $306.10 Billion | 1.44% | 0.91x | $139.29 Million |
| Korea Asset In Trust Co Ltd (123890) | $140.13 Billion | 0.00% | 0.59x | $206.49 Million |
| Ktop Reit (145270) | $68.46 Billion | 7.95% | 2.08x | $25.35 Million |
| Nh Prime Reit Co Ltd (338100) | $109.53 Billion | 0.13% | 0.00x | $48.31 Million |
| Jr Global Reit (348950) | $1.19 Trillion | 1.36% | 1.31x | $158.10 Million |
| Mirae Asset Maps Reit 1 Co Ltd (357250) | $99.26 Billion | 1.75% | 2.06x | $30.52 Million |
| D&D Platform Reit Co Ltd (377190) | $55.26 Billion | -6.00% | 9.83x | $133.89 Million |
| Mirae Asset Global REIT Co. Ltd. (396690) | $150.60 Billion | 1.63% | 1.34x | $38.01 Million |
About Koramco Energy Plus Reit Co Ltd
Koramco Life Infra Reit operates as a real estate investment trust with 187 directly-managed gas stations in Korea. The company has elected to be taxed as a REIT under the Internal Revenue Code of 1986 and would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Koramco Life Infra Reit is based in Seoul, South Korea.