kakaopay Corp. (377300) - Net Assets
Based on the latest financial reports, kakaopay Corp. (377300) has net assets worth ₩1.94 Trillion KRW (≈ $1.32 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩5.11 Trillion ≈ $3.47 Billion USD) and total liabilities (₩3.17 Trillion ≈ $2.15 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 how resilient are kakaopay Corp.'s assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.94 Trillion |
| % of Total Assets | 37.94% |
| Annual Growth Rate | 110.09% |
| 5-Year Change | 836.05% |
| 10-Year Change | N/A |
| Growth Volatility | 306.4 |
kakaopay Corp. - Net Assets Trend (2019–2024)
This chart illustrates how kakaopay Corp.'s net assets have evolved over time, based on quarterly financial data. Also explore how large is kakaopay Corp.'s balance sheet for the complete picture of this company's asset base.
Annual Net Assets for kakaopay Corp. (2019–2024)
The table below shows the annual net assets of kakaopay Corp. from 2019 to 2024. For live valuation and market cap data, see 377300 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.91 Trillion ≈ $1.29 Billion |
-1.24% |
| 2023-12-31 | ₩1.93 Trillion ≈ $1.31 Billion |
+1.39% |
| 2022-12-31 | ₩1.91 Trillion ≈ $1.29 Billion |
+6.27% |
| 2021-12-31 | ₩1.80 Trillion ≈ $1.22 Billion |
+779.63% |
| 2020-12-31 | ₩204.14 Billion ≈ $138.34 Million |
+337.93% |
| 2019-12-31 | ₩46.61 Billion ≈ $31.59 Million |
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Equity Component Analysis
This analysis shows how different components contribute to kakaopay 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 decreased by 10106964000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩2.05 Trillion | 109.88% |
| Total Equity | ₩1.86 Trillion | 100.00% |
kakaopay Corp. Competitors by Market Cap
The table below lists competitors of kakaopay Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Boot Barn Holdings Inc
NYSE:BOOT
|
$5.10 Billion |
|
Enel Generación Chile S.A
SN:ENELGXCH
|
$5.10 Billion |
|
Comstock Resources Inc
NYSE:CRK
|
$5.10 Billion |
|
Sensata Technologies Holding NV
NYSE:ST
|
$5.10 Billion |
|
Brookfield Renewable Corp
NYSE:BEPC
|
$5.10 Billion |
|
Yonghui Superstores Co Ltd
SHG:601933
|
$5.10 Billion |
|
Hanjinkal
KO:180640
|
$5.10 Billion |
|
MINTH GRP LTD UNSP.ADR/20
F:M3I0
|
$5.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in kakaopay Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,877,124,264,510 to 1,861,202,678,480, a change of -15,921,586,030 (-0.8%).
- Net loss of 13,717,997,280 reduced equity.
- New share issuances of 2,507,256,540 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-13.72 Billion | -0.74% |
| Share Issuances | ₩2.51 Billion | +0.13% |
| Other Changes | ₩-4.71 Billion | -0.25% |
| Total Change | ₩- | -0.85% |
Book Value vs Market Value Analysis
This analysis compares kakaopay 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: 4.03x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 155.92x to 4.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₩357.24 | ₩55700.00 | x |
| 2020-12-31 | ₩1397.96 | ₩55700.00 | x |
| 2021-12-31 | ₩12838.99 | ₩55700.00 | x |
| 2022-12-31 | ₩13583.12 | ₩55700.00 | x |
| 2023-12-31 | ₩13980.73 | ₩55700.00 | x |
| 2024-12-31 | ₩13826.02 | ₩55700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently kakaopay 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): -0.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.79%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 2.37x
- Recent ROE (-0.74%) is above the historical average (-24.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -139.48% | -46.04% | 0.27x | 11.26x | ₩-69.61 Billion |
| 2020 | -11.28% | -7.23% | 0.24x | 6.63x | ₩-38.79 Billion |
| 2021 | -1.35% | -5.00% | 0.13x | 2.03x | ₩-192.26 Billion |
| 2022 | 2.99% | 10.35% | 0.16x | 1.84x | ₩-126.68 Billion |
| 2023 | 0.13% | 0.41% | 0.16x | 2.11x | ₩-185.20 Billion |
| 2024 | -0.74% | -1.79% | 0.17x | 2.37x | ₩-199.84 Billion |
Industry Comparison
This section compares kakaopay Corp.'s net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $120,939,435,865
- Average return on equity (ROE) among peers: 6.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| kakaopay Corp. (377300) | ₩1.94 Trillion | -139.48% | 1.64x | $5.10 Billion |
| Kginicis Co.Ltd (035600) | $358.53 Billion | 13.42% | 2.99x | $206.55 Million |
| Nice Information & Telecommunication Inc (036800) | $230.05 Billion | 13.09% | 1.79x | $166.06 Million |
| Cafe24 Corp (042000) | $8.78 Billion | -14.49% | 4.23x | $411.27 Million |
| AhnLab Inc (053800) | $140.72 Billion | 9.98% | 0.31x | $407.95 Million |
| NHN KCP Corp (060250) | $223.62 Billion | 15.78% | 1.33x | $502.25 Million |
| Danal Co. Ltd (064260) | $84.32 Billion | 3.53% | 2.39x | $331.79 Million |
| nTels Co. Ltd (069410) | $49.08 Billion | 15.01% | 0.23x | $31.62 Million |
| Plantynet Co. Ltd (075130) | $67.24 Billion | -2.32% | 0.36x | $26.41 Million |
| Secuve Co. Ltd (131090) | $21.95 Billion | 6.73% | 0.35x | $21.78 Million |
| FASOO.COM Co Ltd (150900) | $25.10 Billion | 8.68% | 0.31x | $43.41 Million |
About kakaopay Corp.
Kakao Pay Corp. operates a mobile payment system in South Korea. It operates in two segments, Non-financial Services and Financial Services. Its products include, money transfer, payment, membership, PFM, bill payment, investment, loan, insurance, and other recommended products. It serves the internet and smart devices users. The company was founded in 2017 and is based in Seongnam-si, South Kore… Read more