KL-Net Corp
KL-Net Corp. provides logistics electronic data interchange, system integration, IT consulting, and logistics solutions for the maritime industry in South Korea. The company offers B2G electronic civil service single window service to handle all import/export related licensing tasks with just one report; and B2B shipping port integrated information service for exchange/utilization of bookings, wa… Read more
KL-Net Corp (039420) - Net Assets
Latest net assets as of September 2025: ₩64.75 Billion KRW
Based on the latest financial reports, KL-Net Corp (039420) has net assets worth ₩64.75 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩72.02 Billion) and total liabilities (₩7.27 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩64.75 Billion |
| % of Total Assets | 89.91% |
| Annual Growth Rate | 7.58% |
| 5-Year Change | 50.37% |
| 10-Year Change | 93.67% |
| Growth Volatility | 3.18 |
KL-Net Corp - Net Assets Trend (2013–2024)
This chart illustrates how KL-Net Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KL-Net Corp (2013–2024)
The table below shows the annual net assets of KL-Net Corp from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩59.18 Billion | +7.59% |
| 2023-12-31 | ₩55.01 Billion | +10.68% |
| 2022-12-31 | ₩49.70 Billion | +11.92% |
| 2021-12-31 | ₩44.40 Billion | +12.82% |
| 2020-12-31 | ₩39.36 Billion | +8.53% |
| 2019-12-31 | ₩36.26 Billion | +2.73% |
| 2018-12-31 | ₩35.30 Billion | +4.40% |
| 2017-12-31 | ₩33.81 Billion | +7.21% |
| 2016-12-31 | ₩31.54 Billion | +3.22% |
| 2015-12-31 | ₩30.56 Billion | +6.60% |
| 2014-12-31 | ₩28.67 Billion | +8.19% |
| 2013-12-31 | ₩26.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to KL-Net Corp'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 358.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩46.83 Billion | 79.13% |
| Common Stock | ₩12.08 Billion | 20.41% |
| Other Components | ₩272.14 Million | 0.46% |
| Total Equity | ₩59.18 Billion | 100.00% |
KL-Net Corp Competitors by Market Cap
The table below lists competitors of KL-Net Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ainsworth Game Technology Limited
PINK:AINSF
|
$27.14 Million |
|
SAURASHTRA CEM B ORD (BSE)
NSE:SAURASHCEM
|
$27.14 Million |
|
Chateau International Development Co Ltd
TW:2722
|
$27.15 Million |
|
Ni Steel
KO:008260
|
$27.16 Million |
|
Papirfabrikken Invest A/S
CO:PFINV
|
$27.14 Million |
|
Aspen Pharmacare Holdings Ltd
JSE:APN
|
$27.13 Million |
|
Shinhan 11th Special Purpose Acquisition Company Co., Ltd.
KQ:452980
|
$27.11 Million |
|
Western Acquisition Ventures Corp
NASDAQ:WAVS
|
$27.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KL-Net Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 55,005,284,270 to 59,181,632,200, a change of 4,176,347,930 (7.6%).
- Net income of 8,570,894,050 contributed positively to equity growth.
- Dividend payments of 2,118,610,560 reduced retained earnings.
- Share repurchases of 2,365,509,220 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩8.57 Billion | +14.48% |
| Dividends Paid | ₩2.12 Billion | -3.58% |
| Share Repurchases | ₩2.37 Billion | -4.0% |
| Other Changes | ₩89.57 Million | +0.15% |
| Total Change | ₩- | 7.59% |
Book Value vs Market Value Analysis
This analysis compares KL-Net Corp'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: 1.03x
- 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 2.10x to 1.03x 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 | ₩1369.29 | ₩2875.00 | x |
| 2017-12-31 | ₩1483.52 | ₩2875.00 | x |
| 2018-12-31 | ₩1548.74 | ₩2875.00 | x |
| 2019-12-31 | ₩1637.65 | ₩2875.00 | x |
| 2020-12-31 | ₩1784.72 | ₩2875.00 | x |
| 2021-12-31 | ₩2012.43 | ₩2875.00 | x |
| 2022-12-31 | ₩2251.14 | ₩2875.00 | x |
| 2023-12-31 | ₩2502.22 | ₩2875.00 | x |
| 2024-12-31 | ₩2803.83 | ₩2875.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KL-Net Corp 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): 14.48%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.08%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.12x
- Recent ROE (14.48%) is above the historical average (9.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 5.19% | 3.93% | 0.94x | 1.40x | ₩-1.27 Billion |
| 2014 | 9.33% | 7.36% | 0.97x | 1.31x | ₩-187.74 Million |
| 2015 | 8.05% | 7.24% | 0.89x | 1.25x | ₩-595.42 Million |
| 2016 | 5.10% | 4.59% | 0.87x | 1.28x | ₩-1.54 Billion |
| 2017 | 8.26% | 7.66% | 0.92x | 1.17x | ₩-589.54 Million |
| 2018 | 5.43% | 4.55% | 1.00x | 1.19x | ₩-1.61 Billion |
| 2019 | 10.27% | 9.67% | 0.86x | 1.24x | ₩97.12 Million |
| 2020 | 11.21% | 10.47% | 0.91x | 1.18x | ₩475.78 Million |
| 2021 | 13.39% | 11.98% | 0.94x | 1.19x | ₩1.51 Billion |
| 2022 | 13.81% | 13.65% | 0.83x | 1.22x | ₩1.90 Billion |
| 2023 | 13.83% | 14.94% | 0.81x | 1.14x | ₩2.11 Billion |
| 2024 | 14.48% | 17.08% | 0.75x | 1.12x | ₩2.65 Billion |
Industry Comparison
This section compares KL-Net Corp's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,318,585,995,571
- Average return on equity (ROE) among peers: -0.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KL-Net Corp (039420) | ₩64.75 Billion | 5.19% | 0.11x | $27.14 Million |
| CItech Co Ltd (004920) | $34.39 Billion | -4.36% | 0.16x | $16.60 Million |
| Ssangyong Information & Communications Corp (010280) | $44.71 Billion | -4.06% | 2.04x | $29.02 Million |
| DB INC (012030) | $246.28 Billion | -25.91% | 1.59x | $113.49 Million |
| Samsung SDS Co Ltd (018260) | $7.44 Trillion | 8.21% | 0.41x | $4.40 Billion |
| Daou Tech (023590) | $2.44 Trillion | 4.52% | 6.75x | $720.57 Million |
| Daou Data Corp (032190) | $1.36 Trillion | 12.12% | 41.61x | $227.30 Million |
| Shinsegae I&C (035510) | $199.24 Billion | 5.35% | 0.45x | $108.26 Million |
| WIZ CORP Inc (038620) | $31.04 Billion | 1.18% | 0.04x | $25.91 Million |
| Leenos Corp (039980) | $71.80 Billion | 1.39% | 0.28x | $63.07 Million |