Korea Business News Co. Ltd (039340) - Net Assets
Based on the latest financial reports, Korea Business News Co. Ltd (039340) has net assets worth ₩148.42 Billion KRW (≈ $100.58 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩167.17 Billion ≈ $113.29 Million USD) and total liabilities (₩18.76 Billion ≈ $12.71 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 Korea Business News Co. Ltd (039340) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩148.42 Billion |
| % of Total Assets | 88.78% |
| Annual Growth Rate | 7.25% |
| 5-Year Change | 9.44% |
| 10-Year Change | 106.62% |
| Growth Volatility | 8.04 |
Korea Business News Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Korea Business News Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Korea Business News Co. Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Korea Business News Co. Ltd (2011–2024)
The table below shows the annual net assets of Korea Business News Co. Ltd from 2011 to 2024. For live valuation and market cap data, see Korea Business News Co. Ltd (039340) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩151.25 Billion ≈ $102.50 Million |
-13.64% |
| 2023-12-31 | ₩175.14 Billion ≈ $118.69 Million |
+4.22% |
| 2022-12-31 | ₩168.04 Billion ≈ $113.88 Million |
+8.41% |
| 2021-12-31 | ₩154.99 Billion ≈ $105.04 Million |
+12.15% |
| 2020-12-31 | ₩138.21 Billion ≈ $93.66 Million |
+13.38% |
| 2019-12-31 | ₩121.90 Billion ≈ $82.61 Million |
+11.89% |
| 2018-12-31 | ₩108.94 Billion ≈ $73.83 Million |
+15.22% |
| 2017-12-31 | ₩94.56 Billion ≈ $64.08 Million |
+13.59% |
| 2016-12-31 | ₩83.25 Billion ≈ $56.42 Million |
+13.72% |
| 2015-12-31 | ₩73.20 Billion ≈ $49.61 Million |
+14.29% |
| 2014-12-31 | ₩64.05 Billion ≈ $43.41 Million |
+1.32% |
| 2013-12-31 | ₩63.21 Billion ≈ $42.84 Million |
-1.62% |
| 2012-12-31 | ₩64.25 Billion ≈ $43.54 Million |
+5.58% |
| 2011-12-31 | ₩60.86 Billion ≈ $41.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Korea Business News 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 16508587623000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩165.09 Billion | 109.14% |
| Common Stock | ₩11.50 Billion | 7.60% |
| Total Equity | ₩151.25 Billion | 100.00% |
Korea Business News Co. Ltd Competitors by Market Cap
The table below lists competitors of Korea Business News Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bookook Securities Co Ltd
KO:001275
|
$72.71 Million |
|
Alterity Therapeutics Ltd
NASDAQ:ATHE
|
$72.71 Million |
|
Vivid Seats Inc
NASDAQ:SEAT
|
$72.72 Million |
|
Panin Sekuritas Tbk
JK:PANS
|
$72.74 Million |
|
High Co. SA
PA:HCO
|
$72.69 Million |
|
PannErgy Nyrt.
F:PPL
|
$72.65 Million |
|
Invictus Energy Ltd
AU:IVZ
|
$72.61 Million |
|
Eureka Acquisition Corp Unit
NASDAQ:EURKU
|
$72.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korea Business News Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 175,135,120,780 to 151,254,264,020, a change of -23,880,856,760 (-13.6%).
- Net income of 8,451,296,390 contributed positively to equity growth.
- Dividend payments of 3,398,710,240 reduced retained earnings.
- Share repurchases of 28,396,611,100 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩8.45 Billion | +5.59% |
| Dividends Paid | ₩3.40 Billion | -2.25% |
| Share Repurchases | ₩28.40 Billion | -18.77% |
| Other Changes | ₩-536.83 Million | -0.35% |
| Total Change | ₩- | -13.64% |
Book Value vs Market Value Analysis
This analysis compares Korea Business News 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 1.29x 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 |
|---|---|---|---|
| 2016-12-31 | ₩3837.08 | ₩4945.00 | x |
| 2017-12-31 | ₩4358.42 | ₩4945.00 | x |
| 2018-12-31 | ₩4872.27 | ₩4945.00 | x |
| 2019-12-31 | ₩5451.64 | ₩4945.00 | x |
| 2020-12-31 | ₩6264.39 | ₩4945.00 | x |
| 2021-12-31 | ₩7223.98 | ₩4945.00 | x |
| 2022-12-31 | ₩7903.19 | ₩4945.00 | x |
| 2023-12-31 | ₩8244.78 | ₩4945.00 | x |
| 2024-12-31 | ₩8714.09 | ₩4945.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korea Business News 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): 5.59%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.63%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.14x
- Recent ROE (5.59%) is below the historical average (9.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 9.88% | 8.87% | 0.93x | 1.20x | ₩-73.96 Million |
| 2012 | 6.86% | 6.66% | 0.89x | 1.15x | ₩-2.02 Billion |
| 2013 | 1.25% | 1.43% | 0.76x | 1.16x | ₩-5.53 Billion |
| 2014 | 3.61% | 3.96% | 0.73x | 1.24x | ₩-4.10 Billion |
| 2015 | 12.43% | 12.61% | 0.75x | 1.31x | ₩1.78 Billion |
| 2016 | 14.47% | 16.00% | 0.76x | 1.18x | ₩3.72 Billion |
| 2017 | 12.95% | 18.88% | 0.54x | 1.26x | ₩2.79 Billion |
| 2018 | 13.23% | 17.05% | 0.66x | 1.18x | ₩3.52 Billion |
| 2019 | 12.32% | 19.31% | 0.53x | 1.20x | ₩2.82 Billion |
| 2020 | 13.77% | 20.06% | 0.54x | 1.26x | ₩5.21 Billion |
| 2021 | 16.36% | 21.24% | 0.63x | 1.23x | ₩9.87 Billion |
| 2022 | 8.22% | 15.59% | 0.45x | 1.16x | ₩-3.00 Billion |
| 2023 | 6.12% | 13.31% | 0.40x | 1.15x | ₩-6.80 Billion |
| 2024 | 5.59% | 10.63% | 0.46x | 1.14x | ₩-6.67 Billion |
Industry Comparison
This section compares Korea Business News 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: $44,934,336,919
- Average return on equity (ROE) among peers: 2.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Korea Business News Co. Ltd (039340) | ₩148.42 Billion | 9.88% | 0.13x | $72.70 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 |
| UBcare. Co. Ltd (032620) | $43.84 Billion | 0.00% | 0.25x | $140.04 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 |
| 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 Korea Business News Co. Ltd
Korea Business News Co., Ltd. engages in broadcasting, internet, media, and education businesses in South Korea and internationally. It operates Korea Economic TV that broadcasts securities economy related content; wownet.co.uk, a securities portal that offers economic securities professional content through Korea Economic TV; and wowfa.co.uk portal, which provides training in economics and finan… Read more