Korea Electronic Certification Authority Inc Net Assets

Latest as of September 2025: ₩61.39 Billion KRW ≈ $41.60 Million USD

Korea Electronic Certification Authority Inc net assets. Based on the latest financial reports, Korea Electronic Certification Authority Inc (041460) has net assets worth ₩61.39 Billion KRW (≈ $41.60 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 (₩81.47 Billion ≈ $55.21 Million USD) and total liabilities (₩20.07 Billion ≈ $13.60 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. Also explore Korea Electronic Certification Authority (041460) net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩61.39 Billion
% of Total Assets	75.36%
Annual Growth Rate	8.79%
5-Year Change	50.24%
10-Year Change	121.28%
Growth Volatility	4.88

Net Assets of Korea Electronic Certification Authority Inc (2012–2024)

Net assets of Korea Electronic Certification Authority Inc from 2012 to 2024. This chart illustrates how Korea Electronic Certification Authority Inc's net assets have evolved over time, based on quarterly financial data. See Korea Electronic Certification Authority net asset quality index to measure how much of total assets are equity-financed.

Annual Net Assets for Korea Electronic Certification Authority Inc (2012–2024)

The table below shows the annual net assets of Korea Electronic Certification Authority Inc from 2012 to 2024. For live market cap and overall valuation, see 041460 market cap overview.

Year	Net Assets	Change
2024-12-31	₩60.50 Billion ≈ $41.00 Million	+12.52%
2023-12-31	₩53.77 Billion ≈ $36.44 Million	+15.06%
2022-12-31	₩46.73 Billion ≈ $31.67 Million	+5.56%
2021-12-31	₩44.27 Billion ≈ $30.00 Million	+9.94%
2020-12-31	₩40.27 Billion ≈ $27.29 Million	-0.55%
2019-12-31	₩40.49 Billion ≈ $27.44 Million	+15.93%
2018-12-31	₩34.93 Billion ≈ $23.67 Million	+5.22%
2017-12-31	₩33.19 Billion ≈ $22.50 Million	+5.51%
2016-12-31	₩31.46 Billion ≈ $21.32 Million	+15.07%
2015-12-31	₩27.34 Billion ≈ $18.53 Million	+5.62%
2014-12-31	₩25.89 Billion ≈ $17.54 Million	+10.61%
2013-12-31	₩23.40 Billion ≈ $15.86 Million	+6.34%
2012-12-31	₩22.01 Billion ≈ $14.91 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Korea Electronic Certification Authority Inc'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 128332.4% over the analyzed period, indicating profitable operations and earnings retention.

Korea Electronic Certification Authority Inc Net Assets Breakdown (December 2024)

Korea Electronic Certification Authority Inc net assets breakdown by equity component as of December 2024.

Component	Amount	Percentage
Retained Earnings	₩32.21 Billion	53.25%
Common Stock	₩10.73 Billion	17.74%
Other Components	₩17.55 Billion	29.02%
Total Equity	₩60.50 Billion	100.00%

Korea Electronic Certification Authority Inc Competitors by Market Cap

The table below lists competitors of Korea Electronic Certification Authority Inc ranked by their market capitalization.

Company	Market Cap
Cypress Technology Co Ltd TWO:3541	$38.63 Million
Aimei Health Technology Co., Ltd Ordinary Share NASDAQ:AFJK	$38.63 Million
Manhattan Bridge Capital Inc NASDAQ:LOAN	$38.63 Million
Blackboxstocks Inc NASDAQ:BLBX	$38.66 Million
Altamira Gold Corp V:ALTA	$38.63 Million
Inhwa Precision Co. Ltd KQ:101930	$38.61 Million
Ji-Haw Industrial Co Ltd TW:3011	$38.60 Million
Augwind Energy Tech Storage Ltd TA:AUGN	$38.59 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Korea Electronic Certification Authority Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 53,641,254,330 to 60,497,960,130, a change of 6,856,705,800 (12.8%).
Net income of 3,963,448,610 contributed positively to equity growth.
Dividend payments of 1,324,916,250 reduced retained earnings.
Other factors increased equity by 4,218,173,440.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩3.96 Billion	+6.55%
Dividends Paid	₩1.32 Billion	-2.19%
Other Changes	₩4.22 Billion	+6.97%
Total Change	₩-	12.78%

Book Value vs Market Value Analysis

This analysis compares Korea Electronic Certification Authority Inc'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: 0.97x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 1.82x to 0.97x 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	₩1710.41	₩3110.00	x
2017-12-31	₩1801.26	₩3110.00	x
2018-12-31	₩1891.35	₩3110.00	x
2019-12-31	₩2072.23	₩3110.00	x
2020-12-31	₩2128.66	₩3110.00	x
2021-12-31	₩2338.91	₩3110.00	x
2022-12-31	₩2468.86	₩3110.00	x
2023-12-31	₩2834.06	₩3110.00	x
2024-12-31	₩3196.32	₩3110.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Korea Electronic Certification Authority Inc 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): 6.55%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 10.69%
• Asset Turnover: 0.46x
• Equity Multiplier: 1.35x
Recent ROE (6.55%) is below the historical average (9.58%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	18.13%	18.31%	0.64x	1.54x	₩1.79 Billion
2014	12.01%	12.72%	0.63x	1.50x	₩520.51 Million
2015	12.71%	13.78%	0.60x	1.54x	₩742.17 Million
2016	15.26%	18.05%	0.58x	1.47x	₩1.65 Billion
2017	10.32%	12.82%	0.55x	1.46x	₩106.20 Million
2018	7.99%	10.50%	0.50x	1.51x	₩-702.67 Million
2019	4.12%	5.81%	0.50x	1.42x	₩-2.38 Billion
2020	6.53%	8.02%	0.56x	1.45x	₩-1.40 Billion
2021	9.41%	12.02%	0.55x	1.42x	₩-261.50 Million
2022	7.49%	9.09%	0.56x	1.47x	₩-1.17 Billion
2023	4.43%	6.20%	0.52x	1.36x	₩-2.99 Billion
2024	6.55%	10.69%	0.46x	1.35x	₩-2.09 Billion

Industry Comparison

This section compares Korea Electronic Certification Authority Inc's net assets metrics with peer companies in the Security & Protection Services industry.

Industry Context

Industry: Security & Protection Services
Average net assets among peers: $126,771,593,278
Average return on equity (ROE) among peers: 4.20%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Korea Electronic Certification Authority Inc (041460)	₩61.39 Billion	18.13%	0.33x	$38.63 Million
Mirae ING Co Ltd (007120)	$48.64 Billion	-5.34%	0.45x	$18.52 Million
S-1 Corp (012750)	$488.06 Billion	21.31%	0.43x	$2.23 Billion
Hitron Systems (019490)	$57.48 Billion	-1.80%	0.64x	$28.02 Million
SOOSAN INT Co. Ltd (050960)	$44.32 Billion	9.69%	0.03x	$36.23 Million
IGLOO SECURITY Inc (067920)	$33.90 Billion	-11.27%	0.31x	$44.81 Million
Suprema Inc (236200)	$88.23 Billion	12.61%	0.07x	$238.89 Million

About Korea Electronic Certification Authority Inc

KQ:041460 Korea Security & Protection Services

Market Cap

$38.63 Million

₩57.00 Billion KRW

Market Cap Rank

#22645 Global

#1482 in Korea

Share Price

₩3110.00

Change (1 day)

+0.81%

52-Week Range

₩3000.00 - ₩4480.00

All Time High

₩11770.85