Mirae Asset Maps Reit 1 Co Ltd (357250) - Net Assets
Based on the latest financial reports, Mirae Asset Maps Reit 1 Co Ltd (357250) has net assets worth ₩98.92 Billion KRW (≈ $67.04 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 (₩303.60 Billion ≈ $205.75 Million USD) and total liabilities (₩204.68 Billion ≈ $138.71 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 Mirae Asset Maps Reit 1 Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩98.92 Billion |
| % of Total Assets | 32.58% |
| Annual Growth Rate | -0.25% |
| 5-Year Change | 2.92% |
| 10-Year Change | N/A |
| Growth Volatility | 8.18 |
Mirae Asset Maps Reit 1 Co Ltd - Net Assets Trend (2020–2025)
This chart illustrates how Mirae Asset Maps Reit 1 Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Mirae Asset Maps Reit 1 Co Ltd (357250) total assets for the complete picture of this company's asset base.
Annual Net Assets for Mirae Asset Maps Reit 1 Co Ltd (2020–2025)
The table below shows the annual net assets of Mirae Asset Maps Reit 1 Co Ltd from 2020 to 2025. For live valuation and market cap data, see market cap of Mirae Asset Maps Reit 1 Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | ₩96.09 Billion ≈ $65.12 Million |
-3.19% |
| 2024-11-30 | ₩99.26 Billion ≈ $67.27 Million |
-3.71% |
| 2023-11-30 | ₩103.08 Billion ≈ $69.86 Million |
+16.37% |
| 2022-11-30 | ₩88.58 Billion ≈ $60.03 Million |
-5.13% |
| 2021-11-30 | ₩93.37 Billion ≈ $63.28 Million |
-4.07% |
| 2020-11-30 | ₩97.33 Billion ≈ $65.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Mirae Asset Maps Reit 1 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 962528855000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩106.49 Billion | 110.82% |
| Total Equity | ₩96.09 Billion | 100.00% |
Mirae Asset Maps Reit 1 Co Ltd Competitors by Market Cap
The table below lists competitors of Mirae Asset Maps Reit 1 Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Samkee Automotive Co. Ltd
KQ:122350
|
$38.79 Million |
|
Success Prime Corp
TW:2496
|
$38.81 Million |
|
JT Corporation
KQ:089790
|
$38.83 Million |
|
Microtips Technology
TWO:3285
|
$38.84 Million |
|
Information and Communication Networks Public Company Limited
BK:ICN
|
$38.76 Million |
|
KMH Hitech Co. Ltd
KQ:052900
|
$38.73 Million |
|
Aarti Surfactants Limited
NSE:AARTISURF
|
$38.72 Million |
|
Plus500 Ltd
LSE:PLUS
|
$38.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mirae Asset Maps Reit 1 Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 99,256,932,120 to 96,094,016,700, a change of -3,162,915,420 (-3.2%).
- Net income of 260,834,280 contributed positively to equity growth.
- Dividend payments of 3,423,749,700 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩260.83 Million | +0.27% |
| Dividends Paid | ₩3.42 Billion | -3.56% |
| Total Change | ₩- | -3.19% |
Book Value vs Market Value Analysis
This analysis compares Mirae Asset Maps Reit 1 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: 0.60x
- 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 0.23x to 0.60x 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 | ₩10167.49 | ₩2290.00 | x |
| 2021-11-30 | ₩4639.62 | ₩2290.00 | x |
| 2022-11-30 | ₩4317.68 | ₩2290.00 | x |
| 2023-11-30 | ₩4124.12 | ₩2290.00 | x |
| 2024-11-30 | ₩3971.05 | ₩2290.00 | x |
| 2025-11-30 | ₩3844.51 | ₩2290.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mirae Asset Maps Reit 1 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): 0.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.77%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 3.13x
- Recent ROE (0.27%) is below the historical average (0.87%), 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 | -0.80% | -9.85% | 0.03x | 3.05x | ₩-10.51 Billion |
| 2021 | 0.63% | 9.99% | 0.02x | 3.14x | ₩-8.75 Billion |
| 2022 | 1.61% | 23.68% | 0.02x | 3.27x | ₩-7.44 Billion |
| 2023 | 1.78% | 27.97% | 0.02x | 2.95x | ₩-8.47 Billion |
| 2024 | 1.75% | 24.87% | 0.02x | 3.06x | ₩-8.19 Billion |
| 2025 | 0.27% | 3.77% | 0.02x | 3.13x | ₩-9.35 Billion |
Industry Comparison
This section compares Mirae Asset Maps Reit 1 Co Ltd's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $316,798,276,109
- Average return on equity (ROE) among peers: 2.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mirae Asset Maps Reit 1 Co Ltd (357250) | ₩98.92 Billion | -0.80% | 2.07x | $38.79 Million |
| Korea Real Estate Investment & Trust Co Ltd (034830) | $922.93 Billion | 9.19% | 0.67x | $231.56 Million |
| E KOCREF CR REIT (088260) | $306.10 Billion | 1.44% | 0.91x | $201.75 Million |
| Korea Asset In Trust Co Ltd (123890) | $125.64 Billion | 0.00% | 0.54x | $217.27 Million |
| Ktop Reit (145270) | $57.98 Billion | 4.63% | 1.33x | $28.82 Million |
| Nh Prime Reit Co Ltd (338100) | $99.56 Billion | 7.39% | 0.00x | $59.12 Million |
| Jr Global Reit (348950) | $337.55 Billion | -0.03% | 0.00x | $158.10 Million |
| Koramco Energy Plus Reit Co Ltd (357120) | $465.09 Billion | -0.10% | 1.75x | $302.44 Million |
| D&D Platform Reit Co Ltd (377190) | $371.21 Billion | 0.68% | 1.79x | $184.81 Million |
| Mirae Asset Global REIT Co. Ltd. (396690) | $165.14 Billion | 0.80% | 1.37x | $54.62 Million |
About Mirae Asset Maps Reit 1 Co Ltd
Miraeasset Maps Reit1 Co., Ltd. operates as a retail REIT in South Korea. It primarily invests in commercial facilities in Gwanggyo Central Prugio City located in Gwanggyo New City, Gyeonggi-do. The company is based in Seoul, South Korea.