D&D Platform Reit Co Ltd (377190) - Net Assets
Based on the latest financial reports, D&D Platform Reit Co Ltd (377190) has net assets worth ₩355.52 Billion KRW (≈ $240.93 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 (₩1.04 Trillion ≈ $704.05 Million USD) and total liabilities (₩683.38 Billion ≈ $463.12 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 377190 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩355.52 Billion |
| % of Total Assets | 34.22% |
| Annual Growth Rate | 46.37% |
| 5-Year Change | 12.82% |
| 10-Year Change | N/A |
| Growth Volatility | 196.96 |
D&D Platform Reit Co Ltd - Net Assets Trend (2020–2025)
This chart illustrates how D&D Platform Reit Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 377190 total assets for the complete picture of this company's asset base.
Annual Net Assets for D&D Platform Reit Co Ltd (2020–2025)
The table below shows the annual net assets of D&D Platform Reit Co Ltd from 2020 to 2025. For live valuation and market cap data, see how much is D&D Platform Reit Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₩371.21 Billion ≈ $251.56 Million |
+22.21% |
| 2024-03-31 | ₩303.74 Billion ≈ $205.84 Million |
-1.72% |
| 2023-03-31 | ₩309.05 Billion ≈ $209.44 Million |
-2.78% |
| 2022-03-31 | ₩317.90 Billion ≈ $215.44 Million |
-3.38% |
| 2021-03-31 | ₩329.02 Billion ≈ $222.97 Million |
+495.39% |
| 2020-03-31 | ₩55.26 Billion ≈ $37.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to D&D Platform 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 3084013242000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩404.33 Billion | 109.23% |
| Total Equity | ₩370.17 Billion | 100.00% |
D&D Platform Reit Co Ltd Competitors by Market Cap
The table below lists competitors of D&D Platform Reit Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Midsona AB (publ)
ST:MSON-B
|
$192.72 Million |
|
Orient Group Inc
SHG:600811
|
$192.74 Million |
|
STILLFRONT GRP AB SK-07
F:1YS0
|
$192.76 Million |
|
Yuan High-Tech Development Co Ltd
TWO:5474
|
$192.89 Million |
|
Hua Na Hydropower JSC
VN:HNA
|
$192.60 Million |
|
Canyon Resources Ltd
AU:CAY
|
$192.60 Million |
|
Toya SA
WAR:TOA
|
$192.55 Million |
|
Nordic Aqua Partners As
OL:NOAP
|
$192.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in D&D Platform Reit Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 307,319,308,170 to 370,171,541,780, a change of 62,852,233,610 (20.5%).
- Net income of 2,525,921,180 contributed positively to equity growth.
- Dividend payments of 11,138,400,000 reduced retained earnings.
- New share issuances of 64,652,328,530 increased equity.
- Other factors increased equity by 6,812,383,900.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.53 Billion | +0.68% |
| Dividends Paid | ₩11.14 Billion | -3.01% |
| Share Issuances | ₩64.65 Billion | +17.47% |
| Other Changes | ₩6.81 Billion | +1.84% |
| Total Change | ₩- | 20.45% |
Book Value vs Market Value Analysis
This analysis compares D&D Platform 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: 0.77x
- 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 4.82x to 0.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-03-31 | ₩667.30 | ₩3215.00 | x |
| 2021-03-31 | ₩4910.01 | ₩3215.00 | x |
| 2022-03-31 | ₩4831.39 | ₩3215.00 | x |
| 2023-03-31 | ₩4639.33 | ₩3215.00 | x |
| 2024-03-31 | ₩4613.48 | ₩3215.00 | x |
| 2025-03-31 | ₩4187.46 | ₩3215.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently D&D Platform 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): 0.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.59%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 2.80x
- Recent ROE (0.68%) is above the historical average (-0.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -7.71% | -30.75% | 0.02x | 13.93x | ₩-7.61 Billion |
| 2021 | 0.88% | 16.55% | 0.02x | 2.41x | ₩-28.85 Billion |
| 2022 | 0.38% | 5.88% | 0.02x | 2.79x | ₩-29.94 Billion |
| 2023 | 1.02% | 15.01% | 0.02x | 2.78x | ₩-27.77 Billion |
| 2024 | 0.92% | 13.93% | 0.02x | 2.79x | ₩-27.92 Billion |
| 2025 | 0.68% | 9.59% | 0.03x | 2.80x | ₩-34.49 Billion |
Industry Comparison
This section compares D&D Platform 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: $308,473,479,220
- Average return on equity (ROE) among peers: 5.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| D&D Platform Reit Co Ltd (377190) | ₩355.52 Billion | -7.71% | 1.92x | $192.60 Million |
| Korea Real Estate Investment & Trust Co Ltd (034830) | $383.08 Billion | 13.49% | 0.45x | $233.17 Million |
| E KOCREF CR REIT (088260) | $230.38 Billion | 3.54% | 1.96x | $213.13 Million |
| Korea Asset In Trust Co Ltd (123890) | $416.98 Billion | 17.46% | 0.36x | $220.17 Million |
| Ktop Reit (145270) | $102.92 Billion | 11.30% | 1.07x | $28.85 Million |
| Nh Prime Reit Co Ltd (338100) | $99.56 Billion | 7.39% | 0.00x | $60.32 Million |
| Jr Global Reit (348950) | $814.86 Billion | 2.22% | 1.23x | $158.10 Million |
| Koramco Energy Plus Reit Co Ltd (357120) | $480.46 Billion | 1.39% | 1.68x | $309.04 Million |
| Mirae Asset Maps Reit 1 Co Ltd (357250) | $96.09 Billion | 0.27% | 2.13x | $40.48 Million |
| Mirae Asset Global REIT Co. Ltd. (396690) | $151.94 Billion | -3.42% | 1.45x | $58.78 Million |
About D&D Platform Reit Co Ltd
D&D Platform Reit Co Ltd operates in various business sectors.