iCRAFT Co. Ltd (052460) - Net Assets
Based on the latest financial reports, iCRAFT Co. Ltd (052460) has net assets worth ₩38.59 Billion KRW (≈ $26.15 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 (₩104.10 Billion ≈ $70.55 Million USD) and total liabilities (₩65.51 Billion ≈ $44.40 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 052460 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩38.59 Billion |
| % of Total Assets | 37.07% |
| Annual Growth Rate | 1.21% |
| 5-Year Change | 14.6% |
| 10-Year Change | 3.33% |
| Growth Volatility | 5.9 |
iCRAFT Co. Ltd - Net Assets Trend (2013–2024)
This chart illustrates how iCRAFT Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of iCRAFT Co. Ltd for the complete picture of this company's asset base.
Annual Net Assets for iCRAFT Co. Ltd (2013–2024)
The table below shows the annual net assets of iCRAFT Co. Ltd from 2013 to 2024. For live valuation and market cap data, see iCRAFT Co. Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩35.82 Billion ≈ $24.28 Million |
-5.47% |
| 2023-12-31 | ₩37.89 Billion ≈ $25.68 Million |
+14.32% |
| 2022-12-31 | ₩33.15 Billion ≈ $22.46 Million |
-0.28% |
| 2021-12-31 | ₩33.24 Billion ≈ $22.53 Million |
+6.35% |
| 2020-12-31 | ₩31.26 Billion ≈ $21.18 Million |
-3.15% |
| 2019-12-31 | ₩32.28 Billion ≈ $21.87 Million |
-2.49% |
| 2018-12-31 | ₩33.10 Billion ≈ $22.43 Million |
-4.59% |
| 2017-12-31 | ₩34.69 Billion ≈ $23.51 Million |
-3.74% |
| 2016-12-31 | ₩36.04 Billion ≈ $24.43 Million |
+3.97% |
| 2015-12-31 | ₩34.67 Billion ≈ $23.49 Million |
+7.26% |
| 2014-12-31 | ₩32.32 Billion ≈ $21.90 Million |
+2.94% |
| 2013-12-31 | ₩31.39 Billion ≈ $21.28 Million |
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Equity Component Analysis
This analysis shows how different components contribute to iCRAFT 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 3453115347000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩34.53 Billion | 96.40% |
| Common Stock | ₩7.30 Billion | 20.39% |
| Total Equity | ₩35.82 Billion | 100.00% |
iCRAFT Co. Ltd Competitors by Market Cap
The table below lists competitors of iCRAFT Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Peoplein Ltd
AU:PPE
|
$44.14 Million |
|
Vertoz Advertising Limited
NSE:VERTOZ
|
$44.17 Million |
|
Champ Resto Indonesia PT
JK:ENAK
|
$44.18 Million |
|
Marygold Companies Inc
NYSE MKT:MGLD
|
$44.22 Million |
|
MINDMAZE THERAPEUTICS HOLDING SA
SW:MMTX
|
$44.10 Million |
|
ALT Telecom Public Company Limited
BK:ALT
|
$44.09 Million |
|
Alpha Exploration Ltd
V:ALEX
|
$44.09 Million |
|
PT Ingria Pratama Capitalindo Tbk
JK:GRIA
|
$44.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in iCRAFT Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 37,703,690,330 to 35,820,950,750, a change of -1,882,739,580 (-5.0%).
- Net loss of 926,104,700 reduced equity.
- Dividend payments of 956,634,880 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-926.10 Million | -2.59% |
| Dividends Paid | ₩956.63 Million | -2.67% |
| Total Change | ₩- | -4.99% |
Book Value vs Market Value Analysis
This analysis compares iCRAFT 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: 1.49x
- 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 1.74x to 1.49x 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 | ₩2554.83 | ₩4455.00 | x |
| 2017-12-31 | ₩2646.77 | ₩4455.00 | x |
| 2018-12-31 | ₩2525.16 | ₩4455.00 | x |
| 2019-12-31 | ₩2505.18 | ₩4455.00 | x |
| 2020-12-31 | ₩2613.90 | ₩4455.00 | x |
| 2021-12-31 | ₩2779.88 | ₩4455.00 | x |
| 2022-12-31 | ₩2772.07 | ₩4455.00 | x |
| 2023-12-31 | ₩3153.03 | ₩4455.00 | x |
| 2024-12-31 | ₩2995.58 | ₩4455.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently iCRAFT 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): -2.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.92%
- • Asset Turnover: 1.54x
- • Equity Multiplier: 1.82x
- Recent ROE (-2.59%) is below the historical average (3.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 4.63% | 2.78% | 1.23x | 1.35x | ₩-1.69 Billion |
| 2014 | 3.99% | 2.41% | 1.27x | 1.30x | ₩-1.94 Billion |
| 2015 | 7.91% | 4.01% | 1.27x | 1.55x | ₩-724.13 Million |
| 2016 | 6.03% | 2.72% | 1.46x | 1.52x | ₩-1.43 Billion |
| 2017 | 6.32% | 2.37% | 1.50x | 1.78x | ₩-1.28 Billion |
| 2018 | -2.35% | -1.06% | 1.51x | 1.46x | ₩-4.09 Billion |
| 2019 | -0.70% | -0.31% | 1.38x | 1.66x | ₩-3.45 Billion |
| 2020 | 3.67% | 1.19% | 1.35x | 2.28x | ₩-1.98 Billion |
| 2021 | 6.32% | 2.00% | 1.28x | 2.47x | ₩-1.22 Billion |
| 2022 | 1.52% | 0.45% | 1.26x | 2.70x | ₩-2.81 Billion |
| 2023 | 12.08% | 3.29% | 1.84x | 2.00x | ₩785.07 Million |
| 2024 | -2.59% | -0.92% | 1.54x | 1.82x | ₩-4.51 Billion |
Industry Comparison
This section compares iCRAFT Co. 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: $56,241,017,249
- Average return on equity (ROE) among peers: -4.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| iCRAFT Co. Ltd (052460) | ₩38.59 Billion | 4.63% | 1.70x | $44.10 Million |
| Daishin Information & Communications Co.Ltd (020180) | $34.38 Billion | 19.10% | 2.04x | $30.21 Million |
| PLAYWITH Inc (023770) | $13.65 Billion | 0.00% | 1.50x | $6.83 Million |
| Hancom Inc (030520) | $36.95 Billion | 0.00% | 1.60x | $295.67 Million |
| UBcare. Co. Ltd (032620) | $102.57 Billion | 6.63% | 0.33x | $135.38 Million |
| Softcen Co. Ltd (032680) | $32.89 Billion | -10.27% | 0.80x | $5.97 Million |
| InfoBank Corporation (039290) | $61.17 Billion | 2.36% | 0.46x | $25.37 Million |
| Korea Business News Co. Ltd (039340) | $121.90 Billion | 12.32% | 0.20x | $71.45 Million |
| CUROCOM Co. Ltd (040350) | $79.03 Billion | 0.00% | 1.26x | $54.20 Million |
| Polaris Office Corp (041020) | $74.87 Billion | 3.60% | 0.20x | $116.02 Million |
| Total Soft Bank Ltd (045340) | $4.99 Billion | -77.23% | 1.09x | $38.18 Million |
About iCRAFT Co. Ltd
iCRAFT Co., Ltd. operates as an IT company in Korea and internationally. The company offers internet core/access network solutions; internet infra value added services; mobile internet services; storage solutions; internet applications, such as web-cache, web acceleration, and video systems; integrated security services for internet; voice data integration services; traffic management systems; co… Read more