InfoBank Corporation (039290) - Net Assets
Based on the latest financial reports, InfoBank Corporation (039290) has net assets worth ₩70.09 Billion KRW (≈ $47.50 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 (₩98.96 Billion ≈ $67.06 Million USD) and total liabilities (₩28.87 Billion ≈ $19.57 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 039290 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩70.09 Billion |
| % of Total Assets | 70.82% |
| Annual Growth Rate | 2.37% |
| 5-Year Change | 28.24% |
| 10-Year Change | 43.48% |
| Growth Volatility | 10.36 |
InfoBank Corporation - Net Assets Trend (2013–2024)
This chart illustrates how InfoBank Corporation's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 039290 market cap overview.
Annual Net Assets for InfoBank Corporation (2013–2024)
The table below shows the annual net assets of InfoBank Corporation from 2013 to 2024. Also explore 039290 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩68.80 Billion ≈ $46.63 Million |
-11.64% |
| 2023-12-31 | ₩77.87 Billion ≈ $52.77 Million |
+27.29% |
| 2022-12-31 | ₩61.17 Billion ≈ $41.45 Million |
-1.60% |
| 2021-12-31 | ₩62.16 Billion ≈ $42.13 Million |
+15.87% |
| 2020-12-31 | ₩53.65 Billion ≈ $36.36 Million |
+2.36% |
| 2019-12-31 | ₩52.41 Billion ≈ $35.52 Million |
-0.83% |
| 2018-12-31 | ₩52.85 Billion ≈ $35.82 Million |
+1.32% |
| 2017-12-31 | ₩52.16 Billion ≈ $35.35 Million |
+4.76% |
| 2016-12-31 | ₩49.79 Billion ≈ $33.75 Million |
+3.85% |
| 2015-12-31 | ₩47.95 Billion ≈ $32.50 Million |
-0.37% |
| 2014-12-31 | ₩48.13 Billion ≈ $32.62 Million |
-9.51% |
| 2013-12-31 | ₩53.19 Billion ≈ $36.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to InfoBank Corporation'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 4561835067000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩45.62 Billion | 66.30% |
| Common Stock | ₩4.35 Billion | 6.32% |
| Other Components | ₩18.84 Billion | 27.38% |
| Total Equity | ₩68.80 Billion | 100.00% |
InfoBank Corporation Competitors by Market Cap
The table below lists competitors of InfoBank Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bcal Diagnostics Ltd
AU:BDX
|
$21.75 Million |
|
Victor Group Holdings Ltd
AU:VIG
|
$21.76 Million |
|
SRG HOUSING FINANCE ORD (BSE)
NSE:SRGHFL
|
$21.76 Million |
|
Duckshin Housing Co. Ltd
KQ:090410
|
$21.77 Million |
|
Sidiz Inc
KO:134790
|
$21.73 Million |
|
Arco Vara AS
F:AV1
|
$21.73 Million |
|
SMRT Holdings Bhd
KLSE:0117
|
$21.72 Million |
|
Tek Seng Holdings Bhd
KLSE:7200
|
$21.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in InfoBank Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 74,983,797,010 to 68,802,096,630, a change of -6,181,700,380 (-8.2%).
- Net loss of 3,833,421,710 reduced equity.
- Dividend payments of 417,050,550 reduced retained earnings.
- Other factors decreased equity by 1,931,228,120.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-3.83 Billion | -5.57% |
| Dividends Paid | ₩417.05 Million | -0.61% |
| Other Changes | ₩-1.93 Billion | -2.81% |
| Total Change | ₩- | -8.24% |
Book Value vs Market Value Analysis
This analysis compares InfoBank Corporation'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: 0.48x
- 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 0.66x to 0.48x 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 | ₩5993.72 | ₩3975.00 | x |
| 2017-12-31 | ₩6205.44 | ₩3975.00 | x |
| 2018-12-31 | ₩6279.26 | ₩3975.00 | x |
| 2019-12-31 | ₩6207.87 | ₩3975.00 | x |
| 2020-12-31 | ₩6347.24 | ₩3975.00 | x |
| 2021-12-31 | ₩7354.35 | ₩3975.00 | x |
| 2022-12-31 | ₩7236.87 | ₩3975.00 | x |
| 2023-12-31 | ₩8989.77 | ₩3975.00 | x |
| 2024-12-31 | ₩8248.65 | ₩3975.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently InfoBank Corporation 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): -5.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.80%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 1.41x
- Recent ROE (-5.57%) is below the historical average (2.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -7.95% | -3.69% | 1.45x | 1.48x | ₩-8.27 Billion |
| 2015 | 2.31% | 1.07% | 1.52x | 1.41x | ₩-3.69 Billion |
| 2016 | 3.18% | 1.44% | 1.51x | 1.46x | ₩-3.40 Billion |
| 2017 | 3.15% | 1.38% | 1.62x | 1.41x | ₩-3.57 Billion |
| 2018 | 5.75% | 2.49% | 1.63x | 1.42x | ₩-2.25 Billion |
| 2019 | 1.60% | 0.70% | 1.64x | 1.39x | ₩-4.40 Billion |
| 2020 | 2.75% | 1.23% | 1.59x | 1.40x | ₩-3.89 Billion |
| 2021 | 13.89% | 6.23% | 1.54x | 1.45x | ₩2.42 Billion |
| 2022 | 2.36% | 1.03% | 1.57x | 1.46x | ₩-4.67 Billion |
| 2023 | 8.25% | 4.52% | 1.36x | 1.34x | ₩-1.31 Billion |
| 2024 | -5.57% | -2.80% | 1.41x | 1.41x | ₩-10.71 Billion |
Industry Comparison
This section compares InfoBank Corporation's net assets metrics with peer companies in the Software & IT Services industry.
Industry Context
- Industry: Software & IT Services
- Average net assets among peers: $59,032,726,898
- Average return on equity (ROE) among peers: -7.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| InfoBank Corporation (039290) | ₩70.09 Billion | -7.95% | 0.41x | $21.74 Million |
| Daishin Information & Communications Co.Ltd (020180) | $23.95 Billion | 3.55% | 1.79x | $106.38 Million |
| PLAYWITH Inc (023770) | $10.97 Billion | -90.29% | 7.13x | $6.78 Million |
| Hancom Inc (030520) | $109.91 Billion | 12.25% | 0.12x | $250.40 Million |
| UBcare. Co. Ltd (032620) | $113.54 Billion | -1.51% | 0.37x | $107.79 Million |
| Softcen Co. Ltd (032680) | $13.66 Billion | 0.00% | 0.63x | $20.19 Million |
| Korea Business News Co. Ltd (039340) | $108.94 Billion | 13.23% | 0.18x | $72.63 Million |
| CUROCOM Co. Ltd (040350) | $47.85 Billion | -30.40% | 0.63x | $316.18 Million |
| Polaris Office Corp (041020) | $89.02 Billion | 7.94% | 4.84x | $76.33 Million |
| Total Soft Bank Ltd (045340) | $13.45 Billion | 16.55% | 0.79x | $36.41 Million |
About InfoBank Corporation
InfoBank Corporation provides mobile applications in South Korea. It offers iMessage, a messaging service for corporate use; iLab, a non-face-to-face financial service/smartphone service; iMotors, an autonomous vehicle solutions; iBiz, a web RTC (Vcall)/two-way message service; iTechEx, an IT service management service; and iAccel, an investment/TIPS/IB venture/management strategy/startup acceler… Read more