Total Soft Bank Ltd (045340) - Net Assets
Based on the latest financial reports, Total Soft Bank Ltd (045340) has net assets worth ₩34.51 Billion KRW (≈ $23.39 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 (₩53.60 Billion ≈ $36.33 Million USD) and total liabilities (₩19.09 Billion ≈ $12.94 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 financial resilience of Total Soft Bank Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩34.51 Billion |
| % of Total Assets | 64.39% |
| Annual Growth Rate | 9.95% |
| 5-Year Change | 104.13% |
| 10-Year Change | 460.13% |
| Growth Volatility | 20.99 |
Total Soft Bank Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Total Soft Bank Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Total Soft Bank Ltd for the complete picture of this company's asset base.
Annual Net Assets for Total Soft Bank Ltd (2012–2024)
The table below shows the annual net assets of Total Soft Bank Ltd from 2012 to 2024. For live valuation and market cap data, see market cap of Total Soft Bank Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩27.45 Billion ≈ $18.60 Million |
+25.61% |
| 2023-12-31 | ₩21.85 Billion ≈ $14.81 Million |
+16.12% |
| 2022-12-31 | ₩18.82 Billion ≈ $12.75 Million |
+15.98% |
| 2021-12-31 | ₩16.22 Billion ≈ $11.00 Million |
+20.66% |
| 2020-12-31 | ₩13.45 Billion ≈ $9.11 Million |
+19.70% |
| 2019-12-31 | ₩11.23 Billion ≈ $7.61 Million |
+26.58% |
| 2018-12-31 | ₩8.87 Billion ≈ $6.01 Million |
+42.70% |
| 2017-12-31 | ₩6.22 Billion ≈ $4.21 Million |
+4.70% |
| 2016-12-31 | ₩5.94 Billion ≈ $4.03 Million |
+21.21% |
| 2015-12-31 | ₩4.90 Billion ≈ $3.32 Million |
-12.42% |
| 2014-12-31 | ₩5.60 Billion ≈ $3.79 Million |
+12.04% |
| 2013-12-31 | ₩4.99 Billion ≈ $3.38 Million |
-43.22% |
| 2012-12-31 | ₩8.79 Billion ≈ $5.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Total Soft Bank 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 3640.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩22.48 Billion | 81.88% |
| Common Stock | ₩4.28 Billion | 15.59% |
| Other Components | ₩693.24 Million | 2.53% |
| Total Equity | ₩27.45 Billion | 100.00% |
Total Soft Bank Ltd Competitors by Market Cap
The table below lists competitors of Total Soft Bank Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UNIQUE
KLSE:0257
|
$38.66 Million |
|
Sepeda Bersama Indonesia Tbk PT
JK:BIKE
|
$38.67 Million |
|
Shenzhen Zhongheng Huafa Co Ltd Class B
SHE:200020
|
$38.67 Million |
|
Yuanta Securities Korea Co Ltd Preference Shares
KO:003475
|
$38.68 Million |
|
Blackboxstocks Inc
NASDAQ:BLBX
|
$38.66 Million |
|
In The F
KO:014990
|
$38.63 Million |
|
Bedmutha Industries Limited
NSE:BEDMUTHA
|
$38.63 Million |
|
SMAIO SA
PA:ALSMA
|
$38.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Total Soft Bank Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,851,054,730 to 27,447,605,550, a change of 5,596,550,820 (25.6%).
- Net income of 6,102,855,250 contributed positively to equity growth.
- Other factors decreased equity by 506,304,430.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.10 Billion | +22.23% |
| Other Changes | ₩-506.30 Million | -1.84% |
| Total Change | ₩- | 25.61% |
Book Value vs Market Value Analysis
This analysis compares Total Soft Bank 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: 2.24x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.37x to 2.24x 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 | ₩694.06 | ₩7200.00 | x |
| 2017-12-31 | ₩726.69 | ₩7200.00 | x |
| 2018-12-31 | ₩1036.95 | ₩7200.00 | x |
| 2019-12-31 | ₩1312.58 | ₩7200.00 | x |
| 2020-12-31 | ₩1571.21 | ₩7200.00 | x |
| 2021-12-31 | ₩1895.84 | ₩7200.00 | x |
| 2022-12-31 | ₩2198.80 | ₩7200.00 | x |
| 2023-12-31 | ₩2553.28 | ₩7200.00 | x |
| 2024-12-31 | ₩3207.23 | ₩7200.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Total Soft Bank 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): 22.23%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.47%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.56x
- Recent ROE (22.23%) is above the historical average (13.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 6.56% | 4.85% | 0.56x | 2.41x | ₩-192.47 Million |
| 2015 | -23.39% | -17.97% | 0.49x | 2.65x | ₩-1.64 Billion |
| 2016 | 17.50% | 11.04% | 0.59x | 2.68x | ₩445.54 Million |
| 2017 | 5.26% | 3.36% | 0.60x | 2.60x | ₩-294.68 Million |
| 2018 | 31.58% | 24.10% | 0.57x | 2.30x | ₩1.92 Billion |
| 2019 | 22.94% | 21.81% | 0.55x | 1.90x | ₩1.45 Billion |
| 2020 | 16.55% | 18.32% | 0.50x | 1.79x | ₩880.40 Million |
| 2021 | 18.58% | 21.40% | 0.53x | 1.65x | ₩1.39 Billion |
| 2022 | 14.04% | 19.04% | 0.48x | 1.53x | ₩760.47 Million |
| 2023 | 17.29% | 23.54% | 0.46x | 1.60x | ₩1.59 Billion |
| 2024 | 22.23% | 29.47% | 0.48x | 1.56x | ₩3.36 Billion |
Industry Comparison
This section compares Total Soft Bank 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: $56,676,014,182
- Average return on equity (ROE) among peers: 1.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Total Soft Bank Ltd (045340) | ₩34.51 Billion | 6.56% | 0.55x | $38.66 Million |
| Daishin Information & Communications Co.Ltd (020180) | $28.59 Billion | -0.17% | 1.98x | $32.06 Million |
| PLAYWITH Inc (023770) | $13.65 Billion | 0.00% | 1.50x | $7.73 Million |
| Hancom Inc (030520) | $151.60 Billion | 15.84% | 0.41x | $300.10 Million |
| UBcare. Co. Ltd (032620) | $43.84 Billion | 0.00% | 0.25x | $140.04 Million |
| Softcen Co. Ltd (032680) | $9.15 Billion | 11.19% | 0.68x | $5.97 Million |
| InfoBank Corporation (039290) | $52.41 Billion | 1.60% | 0.39x | $26.52 Million |
| Korea Business News Co. Ltd (039340) | $121.90 Billion | 12.32% | 0.20x | $72.70 Million |
| CUROCOM Co. Ltd (040350) | $51.56 Billion | 0.00% | 0.20x | $54.20 Million |
| Polaris Office Corp (041020) | $37.38 Billion | -26.28% | 0.15x | $125.79 Million |
About Total Soft Bank Ltd
Total Soft Bank Ltd. operates as maritime logistics solutions company in South Korea. The company provides computer automated terminal operating system for container terminals; ATC Supervisor, an intelligent equipment control job monitoring system in automated yard stack that integrates into a terminal operation system; off dock container yard system for off dock container terminal uses; and mult… Read more