KB Star REIT Co. Ltd. (432320) - Net Assets
Based on the latest financial reports, KB Star REIT Co. Ltd. (432320) has net assets worth ₩232.97 Billion KRW (≈ $157.88 Million USD) 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 ≈ $731.78 Million USD) and total liabilities (₩846.86 Billion ≈ $573.90 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 KB Star REIT Co. Ltd. liquidity resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore KB Star REIT Co. Ltd. assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see how much is KB Star REIT Co. Ltd. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | ₩382.55 Billion ≈ $259.25 Million |
-1.69% |
| 2024-07-31 | ₩389.13 Billion ≈ $263.71 Million |
-10.70% |
| 2023-07-31 | ₩435.76 Billion ≈ $295.31 Million |
+164633.27% |
| 2022-07-31 | ₩264.53 Million ≈ $179.26K |
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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.
| Company | Market Cap |
|---|---|
|
EQL PHARMA AB
F:7JK
|
$148.83 Million |
|
HomesToLife Ltd
NASDAQ:HTLM
|
$148.88 Million |
|
United Paper Public Company Limited
BK:UTP
|
$148.91 Million |
|
KJTS
KLSE:0293
|
$149.05 Million |
|
Formuepleje Limittellus
CO:FPILIM
|
$148.75 Million |
|
Silver X Mining Corp
V:AGX
|
$148.73 Million |
|
Theratechnologies Inc.
TO:TH
|
$148.68 Million |
|
Cardiol Therapeutics Inc Class A
TO:CRDL
|
$148.65 Million |
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: 0.57x
- 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 251.26x to 0.57x 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 | ₩2165.00 | x |
| 2023-07-31 | ₩4296.84 | ₩2165.00 | x |
| 2024-07-31 | ₩3837.05 | ₩2165.00 | x |
| 2025-07-31 | ₩3772.13 | ₩2165.00 | 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 | $148.79 Million |
| Igis Value Plus Reit Co Ltd (334890) | $423.19 Billion | 6.97% | 0.37x | $147.99 Million |
| SK Reit Co Ltd (395400) | $1.98 Trillion | 0.96% | 1.55x | $1.25 Billion |
| SamsungFN REIT Co. Ltd. (448730) | $266.07 Billion | -0.41% | 1.80x | $383.18 Million |
About KB Star REIT Co. Ltd.
KB STAR REIT Co., Ltd. is headquartered in South Korea.