KD Corporation (044180) - Net Assets
Based on the latest financial reports, KD Corporation (044180) has net assets worth ₩32.16 Billion KRW (≈ $21.80 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 (₩309.73 Billion ≈ $209.90 Million USD) and total liabilities (₩277.57 Billion ≈ $188.10 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 KD Corporation liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩32.16 Billion |
| % of Total Assets | 10.38% |
| Annual Growth Rate | 4.0% |
| 5-Year Change | 36.9% |
| 10-Year Change | 131.28% |
| Growth Volatility | 50.59 |
KD Corporation - Net Assets Trend (2011–2024)
This chart illustrates how KD Corporation's net assets have evolved over time, based on quarterly financial data. Also explore 044180 total asset value for the complete picture of this company's asset base.
Annual Net Assets for KD Corporation (2011–2024)
The table below shows the annual net assets of KD Corporation from 2011 to 2024. For live valuation and market cap data, see KD Corporation market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩39.45 Billion ≈ $26.73 Million |
+21.16% |
| 2023-12-31 | ₩32.56 Billion ≈ $22.06 Million |
-10.50% |
| 2022-12-31 | ₩36.38 Billion ≈ $24.65 Million |
-7.23% |
| 2021-12-31 | ₩39.21 Billion ≈ $26.57 Million |
+36.07% |
| 2020-12-31 | ₩28.81 Billion ≈ $19.53 Million |
-10.15% |
| 2019-12-31 | ₩32.07 Billion ≈ $21.73 Million |
-14.00% |
| 2018-12-31 | ₩37.29 Billion ≈ $25.27 Million |
-8.55% |
| 2017-12-31 | ₩40.78 Billion ≈ $27.63 Million |
+3.77% |
| 2016-12-31 | ₩39.30 Billion ≈ $26.63 Million |
+130.40% |
| 2015-12-31 | ₩17.06 Billion ≈ $11.56 Million |
+22.83% |
| 2014-12-31 | ₩13.89 Billion ≈ $9.41 Million |
+107.35% |
| 2013-12-31 | ₩6.70 Billion ≈ $4.54 Million |
-29.94% |
| 2012-12-31 | ₩9.56 Billion ≈ $6.48 Million |
-59.66% |
| 2011-12-31 | ₩23.69 Billion ≈ $16.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to KD Corporation'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 3497681026000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩13.36 Billion | 33.87% |
| Other Components | ₩61.06 Billion | 154.80% |
| Total Equity | ₩39.45 Billion | 100.00% |
KD Corporation Competitors by Market Cap
The table below lists competitors of KD Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Property Franchise Group PLC
LSE:TPFG
|
$3.86 Million |
|
Shuttle Pharmaceuticals Inc
NASDAQ:SHPH
|
$3.87 Million |
|
Marston’s PLC
LSE:MARS
|
$3.87 Million |
|
Trugolf Inc
NASDAQ:TRUG
|
$3.88 Million |
|
iSpecimen Inc
NASDAQ:ISPC
|
$3.86 Million |
|
Octopus Renewables Infra Trust
LSE:ORIT
|
$3.86 Million |
|
Trucknet Enterprise Ltd
TA:TRAN
|
$3.86 Million |
|
Voxtur Analytics Corp
V:VXTR
|
$3.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KD Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 32,557,293,060 to 39,447,081,080, a change of 6,889,788,020 (21.2%).
- Net income of 4,522,529,750 contributed positively to equity growth.
- Other factors increased equity by 2,367,258,270.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩4.52 Billion | +11.46% |
| Other Changes | ₩2.37 Billion | +6.0% |
| Total Change | ₩- | 21.16% |
Book Value vs Market Value Analysis
This analysis compares KD Corporation'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: 0.14x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩3033.42 | ₩205.00 | x |
| 2017-12-31 | ₩2343.20 | ₩205.00 | x |
| 2018-12-31 | ₩2037.48 | ₩205.00 | x |
| 2019-12-31 | ₩1734.17 | ₩205.00 | x |
| 2020-12-31 | ₩1478.11 | ₩205.00 | x |
| 2021-12-31 | ₩1578.31 | ₩205.00 | x |
| 2022-12-31 | ₩1464.26 | ₩205.00 | x |
| 2023-12-31 | ₩1218.86 | ₩205.00 | x |
| 2024-12-31 | ₩1476.80 | ₩205.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KD Corporation 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): 11.46%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.87%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 7.90x
- Recent ROE (11.46%) is above the historical average (-26.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -131.84% | -123.73% | 0.53x | 2.01x | ₩-16.70 Billion |
| 2013 | -97.06% | -28.92% | 0.97x | 3.47x | ₩-7.16 Billion |
| 2014 | -39.63% | -24.46% | 0.84x | 1.93x | ₩-6.91 Billion |
| 2015 | 1.76% | 1.00% | 0.78x | 2.25x | ₩-1.41 Billion |
| 2016 | 0.83% | 0.88% | 0.62x | 1.52x | ₩-3.60 Billion |
| 2017 | -42.02% | -73.80% | 0.23x | 2.51x | ₩-20.47 Billion |
| 2018 | -3.23% | -2.91% | 0.25x | 4.45x | ₩-4.93 Billion |
| 2019 | 29.60% | 12.07% | 0.57x | 4.31x | ₩6.29 Billion |
| 2020 | -18.42% | -24.76% | 0.14x | 5.15x | ₩-8.19 Billion |
| 2021 | -37.15% | -73.09% | 0.10x | 5.23x | ₩-18.49 Billion |
| 2022 | -10.94% | -4.10% | 0.33x | 8.07x | ₩-7.62 Billion |
| 2023 | -11.57% | -2.10% | 0.61x | 9.05x | ₩-7.02 Billion |
| 2024 | 11.46% | 2.87% | 0.51x | 7.90x | ₩577.82 Million |
Industry Comparison
This section compares KD Corporation's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $594,797,506,540
- Average return on equity (ROE) among peers: 16.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KD Corporation (044180) | ₩32.16 Billion | -131.84% | 8.63x | $3.86 Million |
| DongWon Development Co.Ltd (013120) | $594.80 Billion | 16.92% | 0.18x | $173.29 Million |
About KD Corporation
KD Corporation operates as a real estate development company in South Korea. The company primarily constructs apartments, as well as civil works, buildings, and roads. It also engages in the manufacture of telecommunication machine parts and mold bases; sales agency business; and real estate brokerage business. The company was formerly known as KD Construction Co., Ltd. and changed its name to KD… Read more