Leenos Corp
Polaris AI Corp., together with its subsidiaries, operates in the fashion and information technology (IT) businesses in South Korea and internationally. The company offers system integration solutions, IT solutions, wireless communications, and IT services to government public institutions and transportation infrastructure enterprises. It also sells casual bags under the Kipling and Eastpack bran… Read more
Leenos Corp (039980) - Net Assets
Latest net assets as of September 2025: ₩98.03 Billion KRW
Based on the latest financial reports, Leenos Corp (039980) has net assets worth ₩98.03 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 (₩110.02 Billion) and total liabilities (₩11.99 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 | ₩98.03 Billion |
| % of Total Assets | 89.1% |
| Annual Growth Rate | 3.83% |
| 5-Year Change | 37.68% |
| 10-Year Change | 41.99% |
| Growth Volatility | 9.89 |
Leenos Corp - Net Assets Trend (2008–2024)
This chart illustrates how Leenos 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 Leenos Corp (2008–2024)
The table below shows the annual net assets of Leenos Corp from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩95.66 Billion | +30.32% |
| 2023-12-31 | ₩73.40 Billion | +5.22% |
| 2022-12-31 | ₩69.76 Billion | -2.84% |
| 2021-12-31 | ₩71.80 Billion | +3.34% |
| 2020-12-31 | ₩69.48 Billion | -7.31% |
| 2019-12-31 | ₩74.96 Billion | -0.12% |
| 2018-12-31 | ₩75.05 Billion | +3.49% |
| 2017-12-31 | ₩72.52 Billion | +5.58% |
| 2016-12-31 | ₩68.68 Billion | +1.95% |
| 2015-12-31 | ₩67.37 Billion | +18.41% |
| 2014-12-31 | ₩56.90 Billion | +8.49% |
| 2008-12-31 | ₩52.44 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Leenos 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 3212157571000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩32.12 Billion | 33.58% |
| Common Stock | ₩36.15 Billion | 37.79% |
| Other Components | ₩27.39 Billion | 28.63% |
| Total Equity | ₩95.66 Billion | 100.00% |
Leenos Corp Competitors by Market Cap
The table below lists competitors of Leenos Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Geox S.p.A
PINK:GXSBF
|
$63.07 Million |
|
WESTERN INV.CO.OF CANADA
F:1KC
|
$63.08 Million |
|
Geumhwa Plant Service & Construction Co. Ltd
KQ:036190
|
$63.09 Million |
|
Dohwa Engin
KO:002150
|
$63.10 Million |
|
Katahdin Bankshares Corp
OTCQX:KTHN
|
$63.06 Million |
|
Actinogen Medical Limited
PINK:ATGGF
|
$63.06 Million |
|
HF FOODS GRP INC.DL-0001
F:3GX
|
$63.03 Million |
|
Som Distilleries & Breweries Limited
NSE:SDBL
|
$63.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Leenos Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 73,838,835,940 to 95,658,472,080, a change of 21,819,636,140 (29.6%).
- Net income of 1,416,828,430 contributed positively to equity growth.
- Share repurchases of 18,914,173,760 reduced equity.
- New share issuances of 18,944,173,760 increased equity.
- Other factors increased equity by 20,372,807,710.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.42 Billion | +1.48% |
| Share Repurchases | ₩18.91 Billion | -19.77% |
| Share Issuances | ₩18.94 Billion | +19.8% |
| Other Changes | ₩20.37 Billion | +21.3% |
| Total Change | ₩- | 29.55% |
Book Value vs Market Value Analysis
This analysis compares Leenos 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: 1.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.45x to 1.65x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩1529.22 | ₩2215.00 | x |
| 2017-12-31 | ₩1614.60 | ₩2215.00 | x |
| 2018-12-31 | ₩1671.65 | ₩2215.00 | x |
| 2019-12-31 | ₩1669.75 | ₩2215.00 | x |
| 2020-12-31 | ₩1625.26 | ₩2215.00 | x |
| 2021-12-31 | ₩1599.74 | ₩2215.00 | x |
| 2022-12-31 | ₩1554.40 | ₩2215.00 | x |
| 2023-12-31 | ₩1454.33 | ₩2215.00 | x |
| 2024-12-31 | ₩1338.56 | ₩2215.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Leenos 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): 1.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.67%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.21x
- Recent ROE (1.48%) is below the historical average (3.52%), 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 | 10.83% | 5.56% | 1.22x | 1.60x | ₩446.02 Million |
| 2015 | 22.67% | 16.26% | 0.95x | 1.47x | ₩8.53 Billion |
| 2016 | 4.20% | 2.87% | 0.95x | 1.53x | ₩-3.99 Billion |
| 2017 | 6.70% | 5.42% | 0.93x | 1.33x | ₩-2.39 Billion |
| 2018 | 3.15% | 3.30% | 0.76x | 1.26x | ₩-5.14 Billion |
| 2019 | -0.59% | -0.54% | 0.73x | 1.49x | ₩-7.94 Billion |
| 2020 | -8.28% | -6.70% | 0.99x | 1.25x | ₩-12.70 Billion |
| 2021 | 1.39% | 1.16% | 0.93x | 1.28x | ₩-6.18 Billion |
| 2022 | -4.06% | -3.50% | 0.82x | 1.41x | ₩-9.81 Billion |
| 2023 | 1.25% | 1.55% | 0.62x | 1.29x | ₩-6.46 Billion |
| 2024 | 1.48% | 2.67% | 0.46x | 1.21x | ₩-8.15 Billion |
Industry Comparison
This section compares Leenos 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: $1,314,003,406,217
- Average return on equity (ROE) among peers: 0.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Leenos Corp (039980) | ₩98.03 Billion | 10.83% | 0.12x | $63.07 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 |
| KL-Net Corp (039420) | $30.56 Billion | 8.05% | 0.25x | $27.14 Million |