CUROCOM Co. Ltd (040350) - Net Assets
Based on the latest financial reports, CUROCOM Co. Ltd (040350) has net assets worth ₩45.54 Billion KRW (≈ $30.86 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 (₩82.89 Billion ≈ $56.17 Million USD) and total liabilities (₩37.35 Billion ≈ $25.31 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 CUROCOM Co. Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore CUROCOM Co. Ltd assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see how much is CUROCOM Co. Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩50.50 Billion ≈ $34.23 Million |
+56.90% |
| 2023-12-31 | ₩32.19 Billion ≈ $21.81 Million |
-16.72% |
| 2022-12-31 | ₩38.65 Billion ≈ $26.19 Million |
-19.22% |
| 2021-12-31 | ₩47.85 Billion ≈ $32.43 Million |
-9.47% |
| 2020-12-31 | ₩52.85 Billion ≈ $35.82 Million |
+12.05% |
| 2019-12-31 | ₩47.17 Billion ≈ $31.97 Million |
-26.67% |
| 2018-12-31 | ₩64.32 Billion ≈ $43.59 Million |
-13.96% |
| 2017-12-31 | ₩74.76 Billion ≈ $50.67 Million |
+13.15% |
| 2016-12-31 | ₩66.07 Billion ≈ $44.78 Million |
-20.44% |
| 2015-12-31 | ₩83.05 Billion ≈ $56.28 Million |
+65.47% |
| 2014-12-31 | ₩50.19 Billion ≈ $34.01 Million |
-2.66% |
| 2013-12-31 | ₩51.56 Billion ≈ $34.94 Million |
+25.88% |
| 2012-12-31 | ₩40.96 Billion ≈ $27.76 Million |
-1.94% |
| 2011-12-31 | ₩41.77 Billion ≈ $28.31 Million |
-29.61% |
| 2010-12-31 | ₩59.34 Billion ≈ $40.21 Million |
+12.44% |
| 2009-12-31 | ₩52.77 Billion ≈ $35.76 Million |
-33.22% |
| 2008-12-31 | ₩79.03 Billion ≈ $53.56 Million |
+1.35% |
| 2006-12-31 | ₩77.98 Billion ≈ $52.85 Million |
+54.46% |
| 2005-12-31 | ₩50.49 Billion ≈ $34.21 Million |
-- |
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 |
|---|---|
|
Partron Co. Ltd
KQ:091700
|
$260.33 Million |
|
V Zug Holding Ag
SW:VZUG
|
$260.36 Million |
|
Beetaloo Energy Australia Limited
AU:BTL
|
$260.37 Million |
|
DYNAM JAPAN HOLDINGS Co. Ltd
F:2DJ
|
$260.37 Million |
|
Chien Kuo Construction Co Ltd
TW:5515
|
$260.09 Million |
|
EnviTec Biogas AG
XETRA:ETG
|
$259.88 Million |
|
Integrated Wind Solutions AS
OL:IWS
|
$259.83 Million |
|
Sam Yung Tradi
KO:002810
|
$259.83 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: 13.42x
- 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 4.93x to 13.42x 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 | ₩3515.00 | x |
| 2017-12-31 | ₩718.42 | ₩3515.00 | x |
| 2018-12-31 | ₩591.52 | ₩3515.00 | x |
| 2019-12-31 | ₩431.69 | ₩3515.00 | x |
| 2020-12-31 | ₩443.89 | ₩3515.00 | x |
| 2021-12-31 | ₩381.02 | ₩3515.00 | x |
| 2022-12-31 | ₩307.80 | ₩3515.00 | x |
| 2023-12-31 | ₩252.26 | ₩3515.00 | x |
| 2024-12-31 | ₩261.93 | ₩3515.00 | 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: $67,162,440,467
- Average return on equity (ROE) among peers: 1.99%
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 | $260.27 Million |
| Daishin Information & Communications Co.Ltd (020180) | $24.92 Billion | 6.27% | 1.45x | $29.17 Million |
| PLAYWITH Inc (023770) | $8.35 Billion | -33.75% | 9.53x | $6.81 Million |
| Hancom Inc (030520) | $158.61 Billion | 9.40% | 0.44x | $297.15 Million |
| UBcare. Co. Ltd (032620) | $116.70 Billion | 3.07% | 0.39x | $131.42 Million |
| Softcen Co. Ltd (032680) | $13.66 Billion | 0.00% | 0.63x | $5.97 Million |
| InfoBank Corporation (039290) | $53.65 Billion | 2.75% | 0.40x | $24.14 Million |
| Korea Business News Co. Ltd (039340) | $168.04 Billion | 8.22% | 0.16x | $70.50 Million |
| Polaris Office Corp (041020) | $33.08 Billion | -0.32% | 0.52x | $108.67 Million |
| Total Soft Bank Ltd (045340) | $27.45 Billion | 22.23% | 0.56x | $38.12 Million |
About 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.