CUROCOM Co. Ltd
CUROCOM Co., Ltd. develops a computer system for the financial institutions in South Korea and internationally. The company offers bank automation and network control system for Korea (BANCS-K). It also distributes IT products, such as LED monitors, TV monitors, and solid state drives. The company was founded in 1997 and is based in Seoul, South Korea.
CUROCOM Co. Ltd (040350) - Net Assets
Latest net assets as of September 2025: ₩45.54 Billion KRW
Based on the latest financial reports, CUROCOM Co. Ltd (040350) has net assets worth ₩45.54 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 (₩82.89 Billion) and total liabilities (₩37.35 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 | ₩45.54 Billion |
| % of Total Assets | 54.94% |
| Annual Growth Rate | N/A |
| 5-Year Change | -4.45% |
| 10-Year Change | -39.19% |
| Growth Volatility | 29.28 |
CUROCOM Co. Ltd - Net Assets Trend (2005–2024)
This chart illustrates how CUROCOM Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CUROCOM Co. Ltd (2005–2024)
The table below shows the annual net assets of CUROCOM Co. Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩50.50 Billion | +56.90% |
| 2023-12-31 | ₩32.19 Billion | -16.72% |
| 2022-12-31 | ₩38.65 Billion | -19.22% |
| 2021-12-31 | ₩47.85 Billion | -9.47% |
| 2020-12-31 | ₩52.85 Billion | +12.05% |
| 2019-12-31 | ₩47.17 Billion | -26.67% |
| 2018-12-31 | ₩64.32 Billion | -13.96% |
| 2017-12-31 | ₩74.76 Billion | +13.15% |
| 2016-12-31 | ₩66.07 Billion | -20.44% |
| 2015-12-31 | ₩83.05 Billion | +65.47% |
| 2014-12-31 | ₩50.19 Billion | -2.66% |
| 2013-12-31 | ₩51.56 Billion | +25.88% |
| 2012-12-31 | ₩40.96 Billion | -1.94% |
| 2011-12-31 | ₩41.77 Billion | -29.61% |
| 2010-12-31 | ₩59.34 Billion | +12.44% |
| 2009-12-31 | ₩52.77 Billion | -33.22% |
| 2008-12-31 | ₩79.03 Billion | +1.35% |
| 2006-12-31 | ₩77.98 Billion | +54.46% |
| 2005-12-31 | ₩50.49 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CUROCOM 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 decreased by 20789621785000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩96.60 Billion | 191.28% |
| Other Components | ₩161.80 Billion | 320.37% |
| Total Equity | ₩50.50 Billion | 100.00% |
CUROCOM Co. Ltd Competitors by Market Cap
The table below lists competitors of CUROCOM Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AI TRANSPORTATION ACQUISITION CORP Ordinary shares
NASDAQ:AITR
|
$53.34 Million |
|
AADI BIOSCIENCES DL-0001
F:3350
|
$53.36 Million |
|
Vecima Networks Inc
PINK:VNWTF
|
$53.36 Million |
|
Cantabil Retail India Limited
NSE:CANTABIL
|
$53.41 Million |
|
KOSKISEN OYJ EO 1
F:EZ8
|
$53.29 Million |
|
Shenzhen Zhongheng Huafa Co Ltd Class B
SHE:200020
|
$53.29 Million |
|
Panoro Minerals Ltd
OTCQB:POROF
|
$53.25 Million |
|
Helius Medical Technologies Inc Class A
NASDAQ:HSDT
|
$53.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CUROCOM Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 35,966,110,010 to 50,503,052,400, a change of 14,536,942,390 (40.4%).
- Net loss of 12,541,225,940 reduced equity.
- Share repurchases of 19,973,102,330 reduced equity.
- New share issuances of 19,973,102,330 increased equity.
- Other factors increased equity by 27,078,168,330.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-12.54 Billion | -24.83% |
| Share Repurchases | ₩19.97 Billion | -39.55% |
| Share Issuances | ₩19.97 Billion | +39.55% |
| Other Changes | ₩27.08 Billion | +53.62% |
| Total Change | ₩- | 40.42% |
Book Value vs Market Value Analysis
This analysis compares CUROCOM 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: 3.05x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.12x to 3.05x 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 | ₩713.29 | ₩800.00 | x |
| 2017-12-31 | ₩718.42 | ₩800.00 | x |
| 2018-12-31 | ₩591.52 | ₩800.00 | x |
| 2019-12-31 | ₩431.69 | ₩800.00 | x |
| 2020-12-31 | ₩443.89 | ₩800.00 | x |
| 2021-12-31 | ₩381.02 | ₩800.00 | x |
| 2022-12-31 | ₩307.80 | ₩800.00 | x |
| 2023-12-31 | ₩252.26 | ₩800.00 | x |
| 2024-12-31 | ₩261.93 | ₩800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CUROCOM 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): -24.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -153.75%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.81x
- Recent ROE (-24.83%) is below the historical average (-21.92%), 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 | -7.37% | -17.14% | 0.35x | 1.24x | ₩-8.62 Billion |
| 2015 | 35.29% | 130.67% | 0.24x | 1.11x | ₩21.00 Billion |
| 2016 | -31.21% | -108.61% | 0.17x | 1.67x | ₩-27.23 Billion |
| 2017 | -25.40% | -149.73% | 0.11x | 1.57x | ₩-26.47 Billion |
| 2018 | -37.63% | -173.95% | 0.15x | 1.46x | ₩-30.64 Billion |
| 2019 | -39.30% | -123.16% | 0.16x | 2.05x | ₩-23.26 Billion |
| 2020 | -20.57% | -110.79% | 0.12x | 1.57x | ₩-16.16 Billion |
| 2021 | -30.40% | -168.43% | 0.11x | 1.63x | ₩-19.33 Billion |
| 2022 | -27.01% | -106.72% | 0.14x | 1.81x | ₩-14.30 Billion |
| 2023 | -32.65% | -120.38% | 0.18x | 1.49x | ₩-15.34 Billion |
| 2024 | -24.83% | -153.75% | 0.09x | 1.81x | ₩-17.59 Billion |
Industry Comparison
This section compares CUROCOM 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: $50,689,795,849
- Average return on equity (ROE) among peers: -17.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CUROCOM Co. Ltd (040350) | ₩45.54 Billion | -7.37% | 0.82x | $53.31 Million |
| Daishin Information & Communications Co.Ltd (020180) | $26.05 Billion | 5.79% | 2.17x | $23.36 Million |
| PLAYWITH Inc (023770) | $4.38 Billion | 0.00% | 7.62x | $6.81 Million |
| Dragonfly GF Co. Ltd (030350) | $32.44 Billion | -102.69% | 1.75x | $9.22 Million |
| UBcare. Co. Ltd (032620) | $46.07 Billion | 0.67% | 0.33x | $64.41 Million |
| Softcen Co. Ltd (032680) | $32.89 Billion | -10.27% | 0.80x | $4.91 Million |
| InfoBank Corporation (039290) | $52.16 Billion | 3.15% | 0.41x | $16.09 Million |
| Korea Business News Co. Ltd (039340) | $154.99 Billion | 16.36% | 0.23x | $22.12 Million |
| Total Soft Bank Ltd (045340) | $4.99 Billion | -77.23% | 1.09x | $27.69 Million |
| DAEA TI Co. Ltd (045390) | $102.24 Billion | 6.91% | 0.64x | $164.31 Million |