KB Star REIT Co. Ltd.

KO:432320 Korea REIT - Office
Market Cap
$181.47 Million
₩265.71 Billion KRW
Market Cap Rank
#44106 Global
#2504 in Korea
Share Price
₩2620.00
Change (1 day)
+2.34%
52-Week Range
₩2560.00 - ₩4100.00
All Time High
₩4455.00
About

KB STAR REIT Co., Ltd. is headquartered in South Korea.

KB Star REIT Co. Ltd. (432320) - Net Assets

Latest net assets as of October 2025: ₩232.97 Billion KRW

Based on the latest financial reports, KB Star REIT Co. Ltd. (432320) has net assets worth ₩232.97 Billion KRW as of October 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.08 Trillion) and total liabilities (₩846.86 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets ₩232.97 Billion
% of Total Assets 21.57%
Annual Growth Rate 1030.23%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 77611.79

KB Star REIT Co. Ltd. - Net Assets Trend (2022–2025)

This chart illustrates how KB Star REIT Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for KB Star REIT Co. Ltd. (2022–2025)

The table below shows the annual net assets of KB Star REIT Co. Ltd. from 2022 to 2025.

Year Net Assets Change
2025-07-31 ₩382.55 Billion -1.69%
2024-07-31 ₩389.13 Billion -10.70%
2023-07-31 ₩435.76 Billion +164633.27%
2022-07-31 ₩264.53 Million --

Equity Component Analysis

This analysis shows how different components contribute to KB Star 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 4982838575000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (July 2025)

Component Amount Percentage
Other Components ₩432.41 Billion 113.03%
Total Equity ₩382.55 Billion 100.00%

KB Star REIT Co. Ltd. Competitors by Market Cap

The table below lists competitors of KB Star REIT Co. Ltd. ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in KB Star REIT Co. Ltd.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 389,131,933,200 to 382,547,438,120, a change of -6,584,495,080 (-1.7%).
  • Net income of 5,185,804,400 contributed positively to equity growth.
  • Dividend payments of 37,320,456,880 reduced retained earnings.
  • Other factors increased equity by 25,550,157,400.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ₩5.19 Billion +1.36%
Dividends Paid ₩37.32 Billion -9.76%
Other Changes ₩25.55 Billion +6.68%
Total Change ₩- -1.69%

Book Value vs Market Value Analysis

This analysis compares KB Star 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: 0.69x
  • 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 304.07x to 0.69x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2022-07-31 ₩8.62 ₩2620.00 x
2023-07-31 ₩4296.84 ₩2620.00 x
2024-07-31 ₩3837.05 ₩2620.00 x
2025-07-31 ₩3772.13 ₩2620.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently KB Star 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): 1.36%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 18.92%
  • • Asset Turnover: 0.03x
  • • Equity Multiplier: 2.79x
  • Recent ROE (1.36%) is above the historical average (-5.84%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2022 -13.41% 0.00% 0.00x 1.13x ₩-61.93 Million
2023 -12.71% -193.83% 0.03x 2.25x ₩-98.96 Billion
2024 1.39% 19.54% 0.03x 2.77x ₩-33.49 Billion
2025 1.36% 18.92% 0.03x 2.79x ₩-33.07 Billion

Industry Comparison

This section compares KB Star REIT Co. Ltd.'s net assets metrics with peer companies in the REIT - Office industry.

Industry Context

  • Industry: REIT - Office
  • Average net assets among peers: $890,819,699,303
  • Average return on equity (ROE) among peers: 2.51%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
KB Star REIT Co. Ltd. (432320) ₩232.97 Billion -13.41% 3.64x $17.01K
Igis Value Plus Reit Co Ltd (334890) $423.19 Billion 6.97% 0.37x $27.34K
SK Reit Co Ltd (395400) $1.98 Trillion 0.96% 1.55x $39.50K
SamsungFN REIT Co. Ltd. (448730) $266.07 Billion -0.41% 1.80x $36.16K