Raonsecure Co. Ltd
Raonsecure Co., Ltd. provides mobile and IoT integrated security solutions. The company offers OnePass, a biometric authentication solution; OneGuard, a security platform; OneAccess, an integrated authentication platform; OneAccessCX, a platform that allows integrated management of multiple services; OneAccessEX, an accounts management platform; TouchEn Wiseaccess, an integrated platform for sing… Read more
Raonsecure Co. Ltd (042510) - Net Assets
Latest net assets as of September 2025: ₩48.51 Billion KRW
Based on the latest financial reports, Raonsecure Co. Ltd (042510) has net assets worth ₩48.51 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 (₩69.28 Billion) and total liabilities (₩20.77 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 | ₩48.51 Billion |
| % of Total Assets | 70.03% |
| Annual Growth Rate | 19.14% |
| 5-Year Change | 61.48% |
| 10-Year Change | 371.63% |
| Growth Volatility | 29.28 |
Raonsecure Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Raonsecure 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 Raonsecure Co. Ltd (2011–2024)
The table below shows the annual net assets of Raonsecure Co. Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩50.48 Billion | +10.01% |
| 2023-12-31 | ₩45.88 Billion | +20.74% |
| 2022-12-31 | ₩38.00 Billion | +22.06% |
| 2021-12-31 | ₩31.13 Billion | -0.40% |
| 2020-12-31 | ₩31.26 Billion | +44.10% |
| 2019-12-31 | ₩21.69 Billion | +11.21% |
| 2018-12-31 | ₩19.51 Billion | +23.47% |
| 2017-12-31 | ₩15.80 Billion | +27.31% |
| 2016-12-31 | ₩12.41 Billion | +15.95% |
| 2015-12-31 | ₩10.70 Billion | +6.89% |
| 2014-12-31 | ₩10.01 Billion | -10.76% |
| 2013-12-31 | ₩11.22 Billion | +2.10% |
| 2012-12-31 | ₩10.99 Billion | +112.15% |
| 2011-12-31 | ₩5.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Raonsecure 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 grown by 1028567656000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩10.29 Billion | 20.44% |
| Common Stock | ₩28.01 Billion | 55.68% |
| Other Components | ₩12.01 Billion | 23.88% |
| Total Equity | ₩50.31 Billion | 100.00% |
Raonsecure Co. Ltd Competitors by Market Cap
The table below lists competitors of Raonsecure Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FPX Nickel Corp
OTCQB:FPOCF
|
$39.59 Million |
|
Unique Engineering and Construction Public Company Limited
BK:UNIQ
|
$39.62 Million |
|
Nature Holdings Co. Ltd.
KQ:298540
|
$39.62 Million |
|
Sheh Fung Screws Co Ltd
TWO:2065
|
$39.62 Million |
|
Dong A Eltek Co. Ltd
KQ:088130
|
$39.57 Million |
|
Bien Yapi Urunleri Sanayi Turizm ve Ticaret A.S.
IS:BIENY
|
$39.57 Million |
|
BG Staffing Inc
NYSE:BGSF
|
$39.55 Million |
|
Jæren Sparebank
LSE:0EZK
|
$39.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Raonsecure Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,111,675,350 to 50,311,440,970, a change of 4,199,765,620 (9.1%).
- Net income of 4,018,244,840 contributed positively to equity growth.
- Share repurchases of 14,017,100 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩4.02 Billion | +7.99% |
| Share Repurchases | ₩14.02 Million | -0.03% |
| Other Changes | ₩195.54 Million | +0.39% |
| Total Change | ₩- | 9.11% |
Book Value vs Market Value Analysis
This analysis compares Raonsecure 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: 9.71x
- 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 decreased from 23.17x to 9.71x 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 | ₩390.12 | ₩9040.00 | x |
| 2017-12-31 | ₩496.66 | ₩9040.00 | x |
| 2018-12-31 | ₩613.21 | ₩9040.00 | x |
| 2019-12-31 | ₩681.95 | ₩9040.00 | x |
| 2020-12-31 | ₩835.99 | ₩9040.00 | x |
| 2021-12-31 | ₩805.18 | ₩9040.00 | x |
| 2022-12-31 | ₩982.82 | ₩9040.00 | x |
| 2023-12-31 | ₩852.91 | ₩9040.00 | x |
| 2024-12-31 | ₩930.68 | ₩9040.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Raonsecure 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): 7.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.43%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 1.42x
- Recent ROE (7.99%) is above the historical average (4.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 22.27% | 17.60% | 0.47x | 2.68x | ₩1.35 Billion |
| 2014 | -14.56% | -13.00% | 0.75x | 1.49x | ₩-2.46 Billion |
| 2015 | 6.45% | 5.54% | 0.77x | 1.51x | ₩-380.15 Million |
| 2016 | 13.76% | 10.22% | 1.01x | 1.34x | ₩466.13 Million |
| 2017 | 21.27% | 15.82% | 1.04x | 1.29x | ₩1.78 Billion |
| 2018 | 19.09% | 15.13% | 0.90x | 1.41x | ₩1.77 Billion |
| 2019 | 9.64% | 6.87% | 0.60x | 2.36x | ₩-78.20 Million |
| 2020 | -32.22% | -27.11% | 0.73x | 1.63x | ₩-13.20 Billion |
| 2021 | -21.08% | -15.14% | 0.58x | 2.39x | ₩-9.68 Billion |
| 2022 | 17.55% | 14.24% | 0.61x | 2.02x | ₩2.87 Billion |
| 2023 | 9.03% | 8.03% | 0.69x | 1.64x | ₩-447.25 Million |
| 2024 | 7.99% | 6.43% | 0.87x | 1.42x | ₩-1.01 Billion |
Industry Comparison
This section compares Raonsecure Co. Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $45,265,006,302
- Average return on equity (ROE) among peers: -5.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Raonsecure Co. Ltd (042510) | ₩48.51 Billion | 22.27% | 0.43x | $39.59 Million |
| Douzone Bizon Co Ltd (012510) | $82.16 Billion | 20.47% | 1.34x | $1.46 Billion |
| NuriFlex Co.Ltd (040160) | $60.32 Billion | 2.29% | 0.53x | $46.47 Million |
| Osangjaiel Co. Ltd (053980) | $35.39 Billion | 4.33% | 0.74x | $26.27 Million |
| Emro Inc. (058970) | $11.53 Billion | 8.73% | 1.15x | $159.67 Million |
| LONGTU KOREA Inc (060240) | $3.59 Billion | 0.00% | 5.53x | $3.02 Million |
| Younglimwon Soft Lab Co. Ltd. (060850) | $4.11 Billion | -86.33% | 4.58x | $23.73 Million |
| Gemvaxlink Co. Ltd (064800) | $169.44 Billion | -11.42% | 0.21x | $44.93 Million |
| 088340 (088340) | $8.99 Billion | 9.77% | 1.57x | $20.38 Million |
| Mobileleader Co.Ltd (100030) | $31.85 Billion | 0.00% | 0.11x | $19.75 Million |