Kginicis Co.Ltd (035600) - Net Assets
Based on the latest financial reports, Kginicis Co.Ltd (035600) has net assets worth ₩757.95 Billion KRW (≈ $513.65 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.90 Trillion ≈ $1.29 Billion USD) and total liabilities (₩1.14 Trillion ≈ $772.57 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 035600 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩757.95 Billion |
| % of Total Assets | 39.93% |
| Annual Growth Rate | 16.87% |
| 5-Year Change | 144.79% |
| 10-Year Change | 234.84% |
| Growth Volatility | 62.6 |
Kginicis Co.Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Kginicis Co.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 035600 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Kginicis Co.Ltd (2002–2024)
The table below shows the annual net assets of Kginicis Co.Ltd from 2002 to 2024. For live valuation and market cap data, see how much is Kginicis Co.Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩753.55 Billion ≈ $510.67 Million |
+8.36% |
| 2023-12-31 | ₩695.44 Billion ≈ $471.29 Million |
+73.15% |
| 2022-12-31 | ₩401.64 Billion ≈ $272.19 Million |
+12.02% |
| 2021-12-31 | ₩358.53 Billion ≈ $242.97 Million |
+16.47% |
| 2020-12-31 | ₩307.84 Billion ≈ $208.62 Million |
+23.44% |
| 2019-12-31 | ₩249.39 Billion ≈ $169.01 Million |
+16.94% |
| 2018-12-31 | ₩213.25 Billion ≈ $144.52 Million |
+14.07% |
| 2017-12-31 | ₩186.95 Billion ≈ $126.69 Million |
+5.67% |
| 2016-12-31 | ₩176.91 Billion ≈ $119.89 Million |
-21.39% |
| 2015-12-31 | ₩225.05 Billion ≈ $152.51 Million |
-4.15% |
| 2014-12-31 | ₩234.80 Billion ≈ $159.12 Million |
+9.04% |
| 2013-12-31 | ₩215.34 Billion ≈ $145.93 Million |
+78.77% |
| 2011-12-31 | ₩120.45 Billion ≈ $81.63 Million |
+12.97% |
| 2010-12-31 | ₩106.62 Billion ≈ $72.26 Million |
+12.82% |
| 2009-12-31 | ₩94.50 Billion ≈ $64.04 Million |
+7.16% |
| 2008-12-31 | ₩88.19 Billion ≈ $59.77 Million |
+268.56% |
| 2004-12-31 | ₩23.93 Billion ≈ $16.22 Million |
+7.49% |
| 2003-12-31 | ₩22.26 Billion ≈ $15.09 Million |
-8.73% |
| 2002-12-31 | ₩24.39 Billion ≈ $16.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kginicis 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 39798601172000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩397.99 Billion | 82.81% |
| Common Stock | ₩13.95 Billion | 2.90% |
| Other Components | ₩68.67 Billion | 14.29% |
| Total Equity | ₩480.61 Billion | 100.00% |
Kginicis Co.Ltd Competitors by Market Cap
The table below lists competitors of Kginicis Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amcil Ltd
AU:AMH
|
$206.63 Million |
|
CSG Holding Co Ltd
SHE:200012
|
$206.76 Million |
|
CVRx Inc
NASDAQ:CVRX
|
$206.81 Million |
|
Honma Golf Limited
F:HF5
|
$206.82 Million |
|
Medallion Financial Corp
NASDAQ:MFIN
|
$206.54 Million |
|
Krsnaa Diagnostics Limited
NSE:KRSNAA
|
$206.54 Million |
|
Inesa Intelligent Tech Inc B
SHG:900901
|
$206.53 Million |
|
Huxen Corp
TW:2433
|
$206.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kginicis Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 475,452,144,930 to 480,610,339,400, a change of 5,158,194,470 (1.1%).
- Net income of 41,237,739,630 contributed positively to equity growth.
- Dividend payments of 15,040,377,100 reduced retained earnings.
- Other factors decreased equity by 21,039,168,060.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩41.24 Billion | +8.58% |
| Dividends Paid | ₩15.04 Billion | -3.13% |
| Other Changes | ₩-21.04 Billion | -4.38% |
| Total Change | ₩- | 1.08% |
Book Value vs Market Value Analysis
This analysis compares Kginicis 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: 0.63x
- 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 1.70x to 0.63x 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 | ₩6728.24 | ₩11450.00 | x |
| 2017-12-31 | ₩6774.15 | ₩11450.00 | x |
| 2018-12-31 | ₩7721.36 | ₩11450.00 | x |
| 2019-12-31 | ₩9368.93 | ₩11450.00 | x |
| 2020-12-31 | ₩11564.83 | ₩11450.00 | x |
| 2021-12-31 | ₩13469.30 | ₩11450.00 | x |
| 2022-12-31 | ₩15088.91 | ₩11450.00 | x |
| 2023-12-31 | ₩17861.73 | ₩11450.00 | x |
| 2024-12-31 | ₩18055.51 | ₩11450.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kginicis 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): 8.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.04%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 3.88x
- Recent ROE (8.58%) is below the historical average (12.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 17.40% | 5.17% | 1.22x | 2.75x | ₩1.40 Billion |
| 2008 | 23.23% | 7.93% | 0.71x | 4.14x | ₩7.33 Billion |
| 2009 | 20.64% | 6.42% | 0.80x | 4.00x | ₩6.43 Billion |
| 2010 | 10.82% | 3.01% | 0.78x | 4.59x | ₩526.79 Million |
| 2011 | 13.14% | 8.73% | 0.85x | 1.77x | ₩3.79 Billion |
| 2013 | 10.78% | 4.06% | 0.79x | 3.36x | ₩1.23 Billion |
| 2014 | 10.47% | 3.24% | 0.97x | 3.32x | ₩797.19 Million |
| 2015 | -0.56% | -0.13% | 1.14x | 3.91x | ₩-16.51 Billion |
| 2016 | 4.57% | 1.69% | 0.65x | 4.16x | ₩-9.60 Billion |
| 2017 | -0.20% | -0.05% | 0.82x | 4.95x | ₩-19.07 Billion |
| 2018 | 16.53% | 3.81% | 0.99x | 4.37x | ₩13.92 Billion |
| 2019 | 20.05% | 5.23% | 0.75x | 5.12x | ₩25.05 Billion |
| 2020 | 13.79% | 5.24% | 0.58x | 4.55x | ₩11.66 Billion |
| 2021 | 13.42% | 4.76% | 0.71x | 3.99x | ₩12.27 Billion |
| 2022 | 14.27% | 4.87% | 0.81x | 3.62x | ₩17.14 Billion |
| 2023 | 16.28% | 5.76% | 0.79x | 3.60x | ₩29.88 Billion |
| 2024 | 8.58% | 3.04% | 0.73x | 3.88x | ₩-6.82 Billion |
Industry Comparison
This section compares Kginicis Co.Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $94,540,215,873
- Average return on equity (ROE) among peers: 6.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kginicis Co.Ltd (035600) | ₩757.95 Billion | 17.40% | 1.50x | $206.55 Million |
| Nice Information & Telecommunication Inc (036800) | $230.05 Billion | 13.09% | 1.79x | $166.06 Million |
| Cafe24 Corp (042000) | $8.78 Billion | -14.49% | 4.23x | $411.27 Million |
| AhnLab Inc (053800) | $140.72 Billion | 9.98% | 0.31x | $407.95 Million |
| NHN KCP Corp (060250) | $223.62 Billion | 15.78% | 1.33x | $502.25 Million |
| Danal Co. Ltd (064260) | $84.32 Billion | 3.53% | 2.39x | $331.79 Million |
| nTels Co. Ltd (069410) | $49.08 Billion | 15.01% | 0.23x | $31.62 Million |
| Plantynet Co. Ltd (075130) | $67.24 Billion | -2.32% | 0.36x | $26.41 Million |
| Secuve Co. Ltd (131090) | $21.95 Billion | 6.73% | 0.35x | $21.78 Million |
| FASOO.COM Co Ltd (150900) | $25.10 Billion | 8.68% | 0.31x | $43.41 Million |
About Kginicis Co.Ltd
Kginicis Co.,Ltd, together with its subsidiaries, provides electronic payment services in Korea, Asia, and internationally. The company offers electronic payment solutions, including mobile, rental, local currency, and global payment; VAN services, such as online and offline, SI franchise, merchant and card company data relay, table order, and settlement. It also provides integrated authenticatio… Read more