kakaopay Corp. Net Assets
kakaopay Corp. net assets. Based on the latest financial reports, kakaopay Corp. (377300) has net assets worth ₩1.95 Trillion KRW (≈ $1.32 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩5.34 Trillion ≈ $3.62 Billion USD) and total liabilities (₩3.39 Trillion ≈ $2.30 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. Also explore net asset growth rate of kakaopay Corp. to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.95 Trillion |
| % of Total Assets | 36.54% |
| Annual Growth Rate | 86.31% |
| 5-Year Change | 8.65% |
| 10-Year Change | N/A |
| Growth Volatility | 291.75 |
Net Assets of kakaopay Corp. (2019–2025)
Net assets of kakaopay Corp. from 2019 to 2025. This chart illustrates how kakaopay Corp.'s net assets have evolved over time, based on quarterly financial data. See how leveraged is kakaopay Corp.'s balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for kakaopay Corp. (2019–2025)
The table below shows the annual net assets of kakaopay Corp. from 2019 to 2025. For live market cap and overall valuation, see 377300 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩1.95 Trillion ≈ $1.32 Billion |
+2.10% |
| 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 |
-- |
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 grown by 4513812085000.0% over the analyzed period, indicating profitable operations and earnings retention.
kakaopay Corp. Net Assets Breakdown (December 2025)
kakaopay Corp. net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩2.04 Trillion | 107.30% |
| Total Equity | ₩1.90 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 |
|---|---|
|
Bausch Health Companies Inc
TO:BHC
|
$3.10 Billion |
|
Bank of Guiyang Co Ltd
SHG:601997
|
$3.10 Billion |
|
Avista Corporation
NYSE:AVA
|
$3.10 Billion |
|
TISCO Financial Group Public Company Limited
BK:TISCO
|
$3.11 Billion |
|
Nelnet Inc
NYSE:NNI
|
$3.10 Billion |
|
Brederode SA
BR:BREB
|
$3.10 Billion |
|
LXP Industrial Trust
NYSE:LXP
|
$3.10 Billion |
|
Shanghai Sinyang Semiconductor
SHE:300236
|
$3.10 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 2024 to 2025, total equity changed from 1,861,202,678,480 to 1,900,416,647,050, a change of 39,213,968,570 (2.1%).
- Net income of 45,239,190,490 contributed positively to equity growth.
- New share issuances of 11,615,646,050 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩45.24 Billion | +2.38% |
| Share Issuances | ₩11.62 Billion | +0.61% |
| Other Changes | ₩-17.64 Billion | -0.93% |
| Total Change | ₩- | 2.11% |
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: 2.41x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 94.75x to 2.41x 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 | ₩33850.00 | x |
| 2020-12-31 | ₩1397.96 | ₩33850.00 | x |
| 2021-12-31 | ₩12838.99 | ₩33850.00 | x |
| 2022-12-31 | ₩13583.12 | ₩33850.00 | x |
| 2023-12-31 | ₩13980.73 | ₩33850.00 | x |
| 2024-12-31 | ₩13826.02 | ₩33850.00 | x |
| 2025-12-31 | ₩14062.04 | ₩33850.00 | 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): 2.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.72%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 2.81x
- Recent ROE (2.38%) is above the historical average (-21.05%), 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 |
| 2025 | 2.38% | 4.72% | 0.18x | 2.81x | ₩-144.80 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: $144,825,767,313
- Average return on equity (ROE) among peers: 6.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| kakaopay Corp. (377300) | ₩1.95 Trillion | -139.48% | 1.74x | $3.10 Billion |
| Kginicis Co.Ltd (035600) | $249.39 Billion | 20.05% | 4.12x | $171.01 Million |
| Nice Information & Telecommunication Inc (036800) | $230.05 Billion | 13.09% | 1.79x | $41.44 Million |
| Cafe24 Corp (042000) | $148.32 Billion | -25.24% | 1.30x | $270.03 Million |
| AhnLab Inc (053800) | $284.72 Billion | 12.58% | 0.32x | $719.38 Million |
| NHN KCP Corp (060250) | $90.86 Billion | 10.55% | 0.78x | $304.16 Million |
| Danal Co. Ltd (064260) | $291.42 Billion | -9.56% | 1.64x | $171.10 Million |
| nTels Co. Ltd (069410) | $26.13 Billion | 21.72% | 0.46x | $13.05 Million |
| Plantynet Co. Ltd (075130) | $81.43 Billion | 2.78% | 0.17x | $20.40 Million |
| Secuve Co. Ltd (131090) | $21.95 Billion | 6.73% | 0.35x | $22.37 Million |
| FASOO.COM Co Ltd (150900) | $24.00 Billion | 7.53% | 0.31x | $35.30 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