UBcare. Co. Ltd (032620) - Net Assets

Latest as of December 2025: ₩158.89 Billion KRW ≈ $107.68 Million USD

Based on the latest financial reports, UBcare. Co. Ltd (032620) has net assets worth ₩158.89 Billion KRW (≈ $107.68 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 (₩227.70 Billion ≈ $154.31 Million USD) and total liabilities (₩68.81 Billion ≈ $46.63 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 asset resilience ratio of UBcare. Co. Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩158.89 Billion
% of Total Assets	69.78%
Annual Growth Rate	9.05%
5-Year Change	34.78%
10-Year Change	241.28%
Growth Volatility	33.83

UBcare. Co. Ltd - Net Assets Trend (2011–2025)

This chart illustrates how UBcare. Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 032620 total assets for the complete picture of this company's asset base.

Annual Net Assets for UBcare. Co. Ltd (2011–2025)

The table below shows the annual net assets of UBcare. Co. Ltd from 2011 to 2025. For live valuation and market cap data, see UBcare. Co. Ltd (032620) total market value.

Year	Net Assets	Change
2025-12-31	₩158.89 Billion ≈ $107.68 Million	+60.15%
2024-12-31	₩99.22 Billion ≈ $67.24 Million	-12.61%
2023-12-31	₩113.54 Billion ≈ $76.94 Million	-2.71%
2022-12-31	₩116.70 Billion ≈ $79.09 Million	-1.01%
2021-12-31	₩117.89 Billion ≈ $79.89 Million	+10.67%
2020-12-31	₩106.52 Billion ≈ $72.19 Million	+3.85%
2019-12-31	₩102.57 Billion ≈ $69.51 Million	+0.89%
2018-12-31	₩101.66 Billion ≈ $68.90 Million	+118.41%
2017-12-31	₩46.55 Billion ≈ $31.55 Million	-0.02%
2016-12-31	₩46.56 Billion ≈ $31.55 Million	+2.76%
2015-12-31	₩45.31 Billion ≈ $30.70 Million	+14.72%
2014-12-31	₩39.49 Billion ≈ $26.76 Million	-9.92%
2013-12-31	₩43.84 Billion ≈ $29.71 Million	-4.82%
2012-12-31	₩46.07 Billion ≈ $31.22 Million	-2.46%
2011-12-31	₩47.23 Billion ≈ $32.01 Million	--

Equity Component Analysis

This analysis shows how different components contribute to UBcare. 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 grown by 7094936555000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩70.95 Billion	50.12%
Other Components	₩70.60 Billion	49.88%
Total Equity	₩141.55 Billion	100.00%

UBcare. Co. Ltd Competitors by Market Cap

The table below lists competitors of UBcare. Co. Ltd ranked by their market capitalization.

Company	Market Cap
BriQ Properties Real Estate Investment Company AT:BRIQ	$140.09 Million
Innoviz Technologies NASDAQ:INVZ	$140.09 Million
PT Indonesia Kendaraan Terminal Tbk JK:IPCC	$140.11 Million
Uno&Company.Ltd KQ:114630	$140.17 Million
Multitude SE LSE:0R4W	$139.98 Million
Heidelberg Pharma AG F:HPHA	$139.89 Million
Syrah Resources Ltd AU:SYR	$139.88 Million
Venus Remedies Limited NSE:VENUSREM	$139.85 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 99,215,352,930 to 141,545,775,050, a change of 42,330,422,120 (42.7%).
Net income of 36,976,647,860 contributed positively to equity growth.
Dividend payments of 1,522,279,260 reduced retained earnings.
Other factors increased equity by 6,876,053,520.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩36.98 Billion	+26.12%
Dividends Paid	₩1.52 Billion	-1.08%
Other Changes	₩6.88 Billion	+4.86%
Total Change	₩-	42.67%

Book Value vs Market Value Analysis

This analysis compares UBcare. 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: 1.46x
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 3.46x to 1.46x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	₩1174.26	₩4060.00	x
2017-12-31	₩1193.97	₩4060.00	x
2018-12-31	₩1980.14	₩4060.00	x
2019-12-31	₩2021.46	₩4060.00	x
2020-12-31	₩2099.31	₩4060.00	x
2021-12-31	₩2323.27	₩4060.00	x
2022-12-31	₩2299.84	₩4060.00	x
2023-12-31	₩2071.01	₩4060.00	x
2024-12-31	₩1955.27	₩4060.00	x
2025-12-31	₩2789.48	₩4060.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently UBcare. 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): 26.12%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 18.70%
• Asset Turnover: 0.87x
• Equity Multiplier: 1.61x
Recent ROE (26.12%) is above the historical average (6.38%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	7.64%	6.36%	1.00x	1.20x	₩-1.11 Billion
2012	0.65%	0.47%	1.08x	1.29x	₩-4.42 Billion
2014	-6.57%	-3.96%	1.24x	1.34x	₩-6.54 Billion
2015	13.70%	10.44%	0.93x	1.42x	₩1.68 Billion
2016	10.89%	7.43%	1.05x	1.39x	₩413.24 Million
2017	7.65%	4.34%	1.19x	1.48x	₩-1.10 Billion
2018	5.67%	5.77%	0.77x	1.28x	₩-4.40 Billion
2019	6.63%	6.13%	0.81x	1.33x	₩-3.46 Billion
2020	5.85%	5.78%	0.70x	1.45x	₩-4.42 Billion
2021	11.29%	11.91%	0.75x	1.27x	₩1.52 Billion
2022	3.07%	2.69%	0.82x	1.39x	₩-8.08 Billion
2023	-1.63%	-1.11%	0.99x	1.47x	₩-12.22 Billion
2024	-1.60%	-0.83%	1.19x	1.61x	₩-11.51 Billion
2025	26.12%	18.70%	0.87x	1.61x	₩22.82 Billion

Industry Comparison

This section compares UBcare. Co. Ltd's net assets metrics with peer companies in the Software & IT Services industry.

Industry Context

Industry: Software & IT Services
Average net assets among peers: $53,607,190,050
Average return on equity (ROE) among peers: 3.68%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
UBcare. Co. Ltd (032620)	₩158.89 Billion	7.64%	0.43x	$140.04 Million
Daishin Information & Communications Co.Ltd (020180)	$28.59 Billion	-0.17%	1.98x	$32.06 Million
PLAYWITH Inc (023770)	$13.65 Billion	0.00%	1.50x	$7.73 Million
Hancom Inc (030520)	$151.60 Billion	15.84%	0.41x	$300.10 Million
Softcen Co. Ltd (032680)	$9.15 Billion	11.19%	0.68x	$5.97 Million
InfoBank Corporation (039290)	$52.41 Billion	1.60%	0.39x	$26.52 Million
Korea Business News Co. Ltd (039340)	$121.90 Billion	12.32%	0.20x	$72.70 Million
CUROCOM Co. Ltd (040350)	$51.56 Billion	0.00%	0.20x	$54.20 Million
Polaris Office Corp (041020)	$37.38 Billion	-26.28%	0.15x	$125.79 Million
Total Soft Bank Ltd (045340)	$16.22 Billion	18.58%	0.65x	$38.66 Million

About UBcare. Co. Ltd

KQ:032620 Korea Software & IT Services

Market Cap

$140.04 Million

₩206.64 Billion KRW

Market Cap Rank

#17887 Global

#868 in Korea

Share Price

₩4060.00

Change (1 day)

-1.93%

52-Week Range

₩3540.00 - ₩4330.00

All Time High

₩12880.42