ESTsoft Corp (047560) - Net Assets
Based on the latest financial reports, ESTsoft Corp (047560) has net assets worth ₩75.60 Billion KRW (≈ $51.23 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 (₩195.73 Billion ≈ $132.64 Million USD) and total liabilities (₩120.13 Billion ≈ $81.41 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 asset resilience ratio of ESTsoft Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩75.60 Billion |
| % of Total Assets | 38.63% |
| Annual Growth Rate | 6.88% |
| 5-Year Change | 120.16% |
| 10-Year Change | 215.27% |
| Growth Volatility | 29.8 |
ESTsoft Corp - Net Assets Trend (2011–2024)
This chart illustrates how ESTsoft Corp's net assets have evolved over time, based on quarterly financial data. Also explore 047560 asset base for the complete picture of this company's asset base.
Annual Net Assets for ESTsoft Corp (2011–2024)
The table below shows the annual net assets of ESTsoft Corp from 2011 to 2024. For live valuation and market cap data, see ESTsoft Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩88.51 Billion ≈ $59.99 Million |
+1.56% |
| 2023-12-31 | ₩87.15 Billion ≈ $59.06 Million |
+69.84% |
| 2022-12-31 | ₩51.31 Billion ≈ $34.78 Million |
-17.62% |
| 2021-12-31 | ₩62.29 Billion ≈ $42.21 Million |
+54.94% |
| 2020-12-31 | ₩40.20 Billion ≈ $27.25 Million |
+6.14% |
| 2019-12-31 | ₩37.88 Billion ≈ $25.67 Million |
+57.69% |
| 2018-12-31 | ₩24.02 Billion ≈ $16.28 Million |
+3.98% |
| 2017-12-31 | ₩23.10 Billion ≈ $15.66 Million |
-23.74% |
| 2016-12-31 | ₩30.29 Billion ≈ $20.53 Million |
+7.90% |
| 2015-12-31 | ₩28.08 Billion ≈ $19.03 Million |
+4.81% |
| 2014-12-31 | ₩26.79 Billion ≈ $18.15 Million |
+6.95% |
| 2013-12-31 | ₩25.04 Billion ≈ $16.97 Million |
-12.84% |
| 2012-12-31 | ₩28.73 Billion ≈ $19.47 Million |
-22.92% |
| 2011-12-31 | ₩37.28 Billion ≈ $25.26 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ESTsoft Corp'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 166796727000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩5.80 Billion | 8.44% |
| Other Components | ₩64.67 Billion | 93.99% |
| Total Equity | ₩68.80 Billion | 100.00% |
ESTsoft Corp Competitors by Market Cap
The table below lists competitors of ESTsoft Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Q.S.I Co. LTD
KQ:066310
|
$92.88 Million |
|
eXoZymes, Inc.
NASDAQ:EXOZ
|
$92.91 Million |
|
Les Docks des Pétroles d'Ambès -SA
PA:DPAM
|
$92.91 Million |
|
ESTec Corporation
KQ:069510
|
$92.96 Million |
|
Strix Group Plc
F:SG9
|
$92.84 Million |
|
Seanergy Maritime Holdings Corp
F:RHSR
|
$92.81 Million |
|
Ybox Real Estate Ltd
TA:YBOX
|
$92.80 Million |
|
Mackolik Internet Hizmetleri Ticaret A.S.
IS:MACKO
|
$92.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ESTsoft Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 71,368,749,080 to 68,804,076,680, a change of -2,564,672,400 (-3.6%).
- Net loss of 11,651,254,100 reduced equity.
- Share repurchases of 145,556,560 reduced equity.
- New share issuances of 3,044,206,400 increased equity.
- Other factors increased equity by 6,187,931,860.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-11.65 Billion | -16.93% |
| Share Repurchases | ₩145.56 Million | -0.21% |
| Share Issuances | ₩3.04 Billion | +4.42% |
| Other Changes | ₩6.19 Billion | +8.99% |
| Total Change | ₩- | -3.59% |
Book Value vs Market Value Analysis
This analysis compares ESTsoft Corp'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: 2.18x
- 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 4.72x to 2.18x 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 | ₩3095.48 | ₩14600.00 | x |
| 2017-12-31 | ₩2357.88 | ₩14600.00 | x |
| 2018-12-31 | ₩2531.13 | ₩14600.00 | x |
| 2019-12-31 | ₩4113.13 | ₩14600.00 | x |
| 2020-12-31 | ₩4610.11 | ₩14600.00 | x |
| 2021-12-31 | ₩6196.38 | ₩14600.00 | x |
| 2022-12-31 | ₩5228.14 | ₩14600.00 | x |
| 2023-12-31 | ₩7333.39 | ₩14600.00 | x |
| 2024-12-31 | ₩6694.63 | ₩14600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ESTsoft Corp 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): -16.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.37%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.89x
- Recent ROE (-16.93%) is below the historical average (-4.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 20.42% | 23.99% | 0.42x | 2.05x | ₩3.95 Billion |
| 2014 | -6.24% | -4.00% | 0.56x | 2.79x | ₩-4.46 Billion |
| 2015 | -7.57% | -4.91% | 0.62x | 2.48x | ₩-5.02 Billion |
| 2016 | -9.09% | -5.46% | 0.61x | 2.71x | ₩-5.78 Billion |
| 2017 | -14.65% | -5.78% | 0.76x | 3.33x | ₩-5.69 Billion |
| 2018 | 6.83% | 2.54% | 0.69x | 3.88x | ₩-762.06 Million |
| 2019 | -29.95% | -16.46% | 0.51x | 3.55x | ₩-15.13 Billion |
| 2020 | 15.24% | 7.33% | 0.56x | 3.73x | ₩2.11 Billion |
| 2021 | 7.55% | 5.25% | 0.50x | 2.85x | ₩-1.52 Billion |
| 2022 | -11.89% | -6.87% | 0.48x | 3.61x | ₩-11.23 Billion |
| 2023 | -8.65% | -6.68% | 0.49x | 2.64x | ₩-13.31 Billion |
| 2024 | -16.93% | -11.37% | 0.51x | 2.89x | ₩-18.53 Billion |
Industry Comparison
This section compares ESTsoft Corp's net assets metrics with peer companies in the Software & IT Services industry.
Industry Context
- Industry: Software & IT Services
- Average net assets among peers: $52,630,877,645
- Average return on equity (ROE) among peers: 3.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ESTsoft Corp (047560) | ₩75.60 Billion | 20.42% | 1.59x | $92.87 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 |
| Total Soft Bank Ltd (045340) | $16.22 Billion | 18.58% | 0.65x | $38.66 Million |
About ESTsoft Corp
ESTsoft Corp. engages in the software business in South Korea. It offers ALYac, a security solution; Dr.Capsule, an antivirus and total protection app for Android smartphones; RansomShield PC anti-ransomware solutions; SecureDisk, a document security solution that prevents internal data leaks; InternetDisk, a cloud storage for safe sharing and collaboration; ALYac Security Manager, an integrated … Read more