KL-Net Corp (039420) - Net Assets

Latest as of September 2025: ₩64.75 Billion KRW ≈ $43.88 Million USD

Based on the latest financial reports, KL-Net Corp (039420) has net assets worth ₩64.75 Billion KRW (≈ $43.88 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 (₩72.02 Billion ≈ $48.81 Million USD) and total liabilities (₩7.27 Billion ≈ $4.93 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 financial resilience of KL-Net Corp to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is KL-Net Corp's balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of KL-Net Corp.

Year Net Assets Change
2024-12-31 ₩59.18 Billion
≈ $40.11 Million
+7.59%
2023-12-31 ₩55.01 Billion
≈ $37.28 Million
+10.68%
2022-12-31 ₩49.70 Billion
≈ $33.68 Million
+11.92%
2021-12-31 ₩44.40 Billion
≈ $30.09 Million
+12.82%
2020-12-31 ₩39.36 Billion
≈ $26.67 Million
+8.53%
2019-12-31 ₩36.26 Billion
≈ $24.58 Million
+2.73%
2018-12-31 ₩35.30 Billion
≈ $23.92 Million
+4.40%
2017-12-31 ₩33.81 Billion
≈ $22.92 Million
+7.21%
2016-12-31 ₩31.54 Billion
≈ $21.38 Million
+3.22%
2015-12-31 ₩30.56 Billion
≈ $20.71 Million
+6.60%
2014-12-31 ₩28.67 Billion
≈ $19.43 Million
+8.19%
2013-12-31 ₩26.50 Billion
≈ $17.96 Million
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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
Elsoft Research Bhd
KLSE:0090
$42.44 Million
AbL Diagnostics SA
PA:ABLD
$42.45 Million
Gokul Refoils and Solvent Limited
NSE:GOKUL
$42.45 Million
DESWELL INDS INC. DL-01
F:DW2
$42.45 Million
Arrow Syndicate Public Company Limited
BK:ARROW
$42.44 Million
Wonik Cube Corp
KQ:014190
$42.43 Million
B&B Triplewall Containers Limited
NSE:BBTCL
$42.43 Million
Opnet Technologies Co Ltd
TWO:8034
$42.34 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: 1.08x
  • 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 2.22x to 1.08x 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 ₩3040.00 x
2017-12-31 ₩1483.52 ₩3040.00 x
2018-12-31 ₩1548.74 ₩3040.00 x
2019-12-31 ₩1637.65 ₩3040.00 x
2020-12-31 ₩1784.72 ₩3040.00 x
2021-12-31 ₩2012.43 ₩3040.00 x
2022-12-31 ₩2251.14 ₩3040.00 x
2023-12-31 ₩2502.22 ₩3040.00 x
2024-12-31 ₩2803.83 ₩3040.00 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: $1,110,227,611,107
  • Average return on equity (ROE) among peers: -4.35%

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 $42.44 Million
CItech Co Ltd (004920) $47.82 Billion -13.20% 0.66x $41.29 Million
Ssangyong Information & Communications Corp (010280) $39.36 Billion 11.62% 1.60x $262.15 Million
DB INC (012030) $110.25 Billion -112.95% 2.32x $260.21 Million
Samsung SDS Co Ltd (018260) $8.47 Trillion 12.99% 0.41x $8.71 Billion
Daou Tech (023590) $591.90 Billion 13.31% 1.85x $1.36 Billion
Daou Data Corp (032190) $435.38 Billion 7.59% 43.43x $598.27 Million
Shinsegae I&C (035510) $192.27 Billion 15.22% 0.59x $187.97 Million
WIZ CORP Inc (038620) $40.73 Billion 3.61% 0.13x $24.55 Million
Leenos Corp (039980) $67.37 Billion 22.67% 0.47x $453.43 Million

About KL-Net Corp

KQ:039420 Korea Information Technology Services
Market Cap
$42.44 Million
₩62.62 Billion KRW
Market Cap Rank
#22489 Global
#1522 in Korea
Share Price
₩3040.00
Change (1 day)
-3.18%
52-Week Range
₩2570.00 - ₩3620.00
All Time High
₩5142.32
About

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