Kisan Telecom Co. Ltd (035460) - Net Assets
Based on the latest financial reports, Kisan Telecom Co. Ltd (035460) has net assets worth ₩70.37 Billion KRW (≈ $47.69 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩138.61 Billion ≈ $93.93 Million USD) and total liabilities (₩68.24 Billion ≈ $46.24 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 Kisan Telecom Co. Ltd (035460) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩70.37 Billion |
| % of Total Assets | 50.77% |
| Annual Growth Rate | 0.81% |
| 5-Year Change | 114.21% |
| 10-Year Change | 81.44% |
| Growth Volatility | 14.68 |
Kisan Telecom Co. Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Kisan Telecom Co. Ltd's net assets have evolved over time, based on quarterly financial data. See 035460 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Kisan Telecom Co. Ltd (2002–2025)
The table below shows the annual net assets of Kisan Telecom Co. Ltd from 2002 to 2025. For live valuation and market cap data, see 035460 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩66.48 Billion ≈ $45.05 Million |
+42.26% |
| 2024-12-31 | ₩46.73 Billion ≈ $31.67 Million |
+7.28% |
| 2023-12-31 | ₩43.56 Billion ≈ $29.52 Million |
+22.70% |
| 2022-12-31 | ₩35.50 Billion ≈ $24.06 Million |
+14.39% |
| 2021-12-31 | ₩31.03 Billion ≈ $21.03 Million |
-3.22% |
| 2020-12-31 | ₩32.07 Billion ≈ $21.73 Million |
+0.10% |
| 2019-12-31 | ₩32.03 Billion ≈ $21.71 Million |
+10.21% |
| 2018-12-31 | ₩29.07 Billion ≈ $19.70 Million |
-10.37% |
| 2017-12-31 | ₩32.43 Billion ≈ $21.98 Million |
-11.49% |
| 2016-12-31 | ₩36.64 Billion ≈ $24.83 Million |
-13.30% |
| 2015-12-31 | ₩42.26 Billion ≈ $28.64 Million |
+9.75% |
| 2014-12-31 | ₩38.51 Billion ≈ $26.10 Million |
+5.45% |
| 2013-12-31 | ₩36.52 Billion ≈ $24.75 Million |
+15.87% |
| 2012-12-31 | ₩31.52 Billion ≈ $21.36 Million |
-7.00% |
| 2011-12-31 | ₩33.89 Billion ≈ $22.97 Million |
-24.29% |
| 2010-12-31 | ₩44.76 Billion ≈ $30.34 Million |
+6.50% |
| 2009-12-31 | ₩42.03 Billion ≈ $28.49 Million |
+0.60% |
| 2008-12-31 | ₩41.78 Billion ≈ $28.31 Million |
-16.41% |
| 2007-12-31 | ₩49.98 Billion ≈ $33.87 Million |
-6.01% |
| 2006-12-31 | ₩53.18 Billion ≈ $36.04 Million |
+6.21% |
| 2005-12-31 | ₩50.07 Billion ≈ $33.93 Million |
-19.50% |
| 2004-12-31 | ₩62.20 Billion ≈ $42.15 Million |
+12.56% |
| 2003-12-31 | ₩55.26 Billion ≈ $37.45 Million |
-0.01% |
| 2002-12-31 | ₩55.27 Billion ≈ $37.46 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Kisan Telecom 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 14719186000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩54.72 Billion | 100.27% |
| Total Equity | ₩54.57 Billion | 100.00% |
Kisan Telecom Co. Ltd Competitors by Market Cap
The table below lists competitors of Kisan Telecom Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inzi Display Co.Ltd
KQ:037330
|
$26.05 Million |
|
Origin Materials Inc
NASDAQ:ORGN
|
$26.06 Million |
|
Advancecon Holdings Bhd
KLSE:5281
|
$26.06 Million |
|
Salee Industry Public Company Limited
BK:SALEE
|
$26.07 Million |
|
Bridgepoint Group Plc
LSE:BPT
|
$26.02 Million |
|
White Horse Bhd
KLSE:5009
|
$25.99 Million |
|
Ambitions Enterprise Management Co. L.L.C Class A Ordinary Shares
NASDAQ:AHMA
|
$25.99 Million |
|
CEO Event Medya AS
IS:CEOEM
|
$25.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kisan Telecom Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 46,727,800,830 to 54,568,576,030, a change of 7,840,775,200 (16.8%).
- Net income of 4,233,237,580 contributed positively to equity growth.
- New share issuances of 7,494,624,000 increased equity.
- Other factors decreased equity by 3,887,086,380.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩4.23 Billion | +7.76% |
| Share Issuances | ₩7.49 Billion | +13.73% |
| Other Changes | ₩-3.89 Billion | -7.12% |
| Total Change | ₩- | 16.78% |
Book Value vs Market Value Analysis
This analysis compares Kisan Telecom 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: 0.70x
- 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 1.03x to 0.70x 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 | ₩2549.14 | ₩2635.00 | x |
| 2017-12-31 | ₩2256.15 | ₩2635.00 | x |
| 2018-12-31 | ₩2022.22 | ₩2635.00 | x |
| 2019-12-31 | ₩2228.73 | ₩2635.00 | x |
| 2020-12-31 | ₩2231.03 | ₩2635.00 | x |
| 2021-12-31 | ₩2159.19 | ₩2635.00 | x |
| 2022-12-31 | ₩2435.26 | ₩2635.00 | x |
| 2023-12-31 | ₩2664.31 | ₩2635.00 | x |
| 2024-12-31 | ₩3205.51 | ₩2635.00 | x |
| 2025-12-31 | ₩3743.38 | ₩2635.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kisan Telecom 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): 7.76%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.26%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 2.39x
- Recent ROE (7.76%) is above the historical average (3.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 3.30% | 3.28% | 0.58x | 1.74x | ₩-3.38 Billion |
| 2004 | 9.88% | 6.95% | 0.82x | 1.73x | ₩-67.65 Million |
| 2006 | 3.00% | 1.55% | 0.95x | 2.03x | ₩-3.54 Billion |
| 2010 | 4.66% | 2.01% | 1.02x | 2.27x | ₩-2.18 Billion |
| 2013 | 11.70% | 4.94% | 1.01x | 2.35x | ₩571.97 Million |
| 2014 | 7.01% | 3.33% | 0.95x | 2.20x | ₩-1.06 Billion |
| 2015 | 3.77% | 1.84% | 1.05x | 1.96x | ₩-2.42 Billion |
| 2016 | -6.81% | -4.22% | 0.80x | 2.03x | ₩-6.16 Billion |
| 2017 | -14.68% | -7.50% | 0.90x | 2.16x | ₩-8.00 Billion |
| 2018 | -11.30% | -5.82% | 1.00x | 1.93x | ₩-6.19 Billion |
| 2019 | 10.36% | 4.95% | 1.00x | 2.08x | ₩116.72 Million |
| 2020 | 0.15% | 0.07% | 0.97x | 2.21x | ₩-3.16 Billion |
| 2021 | -3.72% | -1.87% | 0.88x | 2.27x | ₩-4.26 Billion |
| 2022 | 8.54% | 4.47% | 0.91x | 2.10x | ₩-519.59 Million |
| 2023 | 8.39% | 4.41% | 0.84x | 2.26x | ₩-627.22 Million |
| 2024 | 15.01% | 7.53% | 0.82x | 2.42x | ₩2.34 Billion |
| 2025 | 7.76% | 4.26% | 0.76x | 2.39x | ₩-1.22 Billion |
Industry Comparison
This section compares Kisan Telecom Co. Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $159,721,082,100
- Average return on equity (ROE) among peers: 0.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kisan Telecom Co. Ltd (035460) | ₩70.37 Billion | 3.30% | 0.97x | $26.03 Million |
| Gaon Cable (000500) | $264.68 Billion | 1.72% | 0.95x | $4.32 Billion |
| Huneed Tech (005870) | $162.81 Billion | -6.13% | 0.91x | $47.82 Million |
| Taihan Fiber Optics Co. Ltd (010170) | $152.54 Billion | -17.96% | 0.76x | $1.65 Billion |
| Humax Holdings Co. Ltd (028080) | $318.42 Billion | 4.63% | 0.20x | $9.10 Million |
| Comtec Sys (031820) | $46.31 Billion | 6.45% | 1.38x | $470.88 Million |
| KMW Inc. (032500) | $101.87 Billion | -13.03% | 1.90x | $672.35 Million |
| Insung Information Co. Ltd (033230) | $43.24 Billion | 2.63% | 0.96x | $41.56 Million |
| Bluecom Co. Ltd (033560) | $160.04 Billion | 19.37% | 0.16x | $38.79 Million |
| Samji Electronics Co. Ltd (037460) | $187.58 Billion | 7.15% | 2.03x | $412.85 Million |
About Kisan Telecom Co. Ltd
Kisan Telecom Co., Ltd provides distributed antenna systems (DAS) and Wi-Fi AP solutions in South Korea. It offers multi-band DAS for 5G and 4G, compact DAS, MCMB DAS, 5G RF repeaters, and tri-band RF repeaters; tri-band AP, dual-band AP, access controllers, and Wi-Fi based backhauling systems; and FM/DMB RF repeaters for outdoor/tunnel and indoor. The company was founded in 1994 and is headquart… Read more