AhnLab Inc
AhnLab, Inc. provides information security solutions and services for consumers, enterprises, and small and medium businesses worldwide. It offers AhnLab XDR, a cloud-based and SaaS-delivered platform that collects and analyzes logs from various systems and helps customers to manage cyber risks; AhnLab MDS, an advanced persistent threat protection solution; and AhnLab CPP, a cloud workload protec… Read more
AhnLab Inc (053800) - Net Assets
Latest net assets as of September 2025: ₩387.32 Billion KRW
Based on the latest financial reports, AhnLab Inc (053800) has net assets worth ₩387.32 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 (₩490.32 Billion) and total liabilities (₩103.01 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 | ₩387.32 Billion |
| % of Total Assets | 78.99% |
| Annual Growth Rate | 8.38% |
| 5-Year Change | 68.93% |
| 10-Year Change | 126.65% |
| Growth Volatility | 22.43 |
AhnLab Inc - Net Assets Trend (2003–2024)
This chart illustrates how AhnLab Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AhnLab Inc (2003–2024)
The table below shows the annual net assets of AhnLab Inc from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩365.69 Billion | +28.44% |
| 2023-12-31 | ₩284.72 Billion | +11.44% |
| 2022-12-31 | ₩255.50 Billion | +1.85% |
| 2021-12-31 | ₩250.85 Billion | +15.88% |
| 2020-12-31 | ₩216.48 Billion | +5.25% |
| 2019-12-31 | ₩205.67 Billion | +5.80% |
| 2018-12-31 | ₩194.40 Billion | +5.72% |
| 2017-12-31 | ₩183.89 Billion | +6.90% |
| 2016-12-31 | ₩172.02 Billion | +6.61% |
| 2015-12-31 | ₩161.35 Billion | +6.31% |
| 2014-12-31 | ₩151.77 Billion | +5.46% |
| 2013-12-31 | ₩143.92 Billion | +2.27% |
| 2012-12-31 | ₩140.72 Billion | +8.69% |
| 2011-12-31 | ₩129.46 Billion | +91.89% |
| 2003-12-31 | ₩67.47 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AhnLab Inc'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 3476.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩252.16 Billion | 68.96% |
| Common Stock | ₩5.74 Billion | 1.57% |
| Other Components | ₩107.79 Billion | 29.48% |
| Total Equity | ₩365.69 Billion | 100.00% |
AhnLab Inc Competitors by Market Cap
The table below lists competitors of AhnLab Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wayside Technology Group Inc
F:PYA
|
$279.47 Million |
|
Neuca S.A.
WAR:NEU
|
$279.51 Million |
|
Isgec Heavy Engineering Limited
NSE:ISGEC
|
$279.55 Million |
|
Jaya Real Property Tbk
JK:JRPT
|
$279.59 Million |
|
Qiaoyin Environmental Tech Co Ltd
SHE:002973
|
$279.42 Million |
|
SMS Electric Co Ltd Zhengzhou
SHE:002857
|
$279.37 Million |
|
SUNBELT RENTALS HOLDINGS CDI
LSE:SUNB
|
$279.36 Million |
|
Optotech Corp
TW:2340
|
$279.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AhnLab Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 281,701,674,880 to 365,694,073,670, a change of 83,992,398,790 (29.8%).
- Net income of 33,676,091,040 contributed positively to equity growth.
- Dividend payments of 11,291,517,900 reduced retained earnings.
- Share repurchases of 61,836,493,500 reduced equity.
- New share issuances of 75,719,655,390 increased equity.
- Other factors increased equity by 47,724,663,760.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩33.68 Billion | +9.21% |
| Dividends Paid | ₩11.29 Billion | -3.09% |
| Share Repurchases | ₩61.84 Billion | -16.91% |
| Share Issuances | ₩75.72 Billion | +20.71% |
| Other Changes | ₩47.72 Billion | +13.05% |
| Total Change | ₩- | 29.82% |
Book Value vs Market Value Analysis
This analysis compares AhnLab Inc'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: 1.63x
- 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 3.15x to 1.63x 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 | ₩19804.77 | ₩62300.00 | x |
| 2017-12-31 | ₩21171.35 | ₩62300.00 | x |
| 2018-12-31 | ₩22381.32 | ₩62300.00 | x |
| 2019-12-31 | ₩23679.16 | ₩62300.00 | x |
| 2020-12-31 | ₩24923.38 | ₩62300.00 | x |
| 2021-12-31 | ₩28880.94 | ₩62300.00 | x |
| 2022-12-31 | ₩29415.67 | ₩62300.00 | x |
| 2023-12-31 | ₩32432.50 | ₩62300.00 | x |
| 2024-12-31 | ₩38215.54 | ₩62300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AhnLab Inc 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): 9.21%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.92%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.27x
- Recent ROE (9.21%) is above the historical average (8.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 6.24% | 11.84% | 0.41x | 1.29x | ₩-2.49 Billion |
| 2011 | 7.24% | 9.09% | 0.60x | 1.33x | ₩-3.57 Billion |
| 2012 | 9.98% | 10.67% | 0.71x | 1.31x | ₩-28.86 Million |
| 2013 | 4.47% | 4.69% | 0.75x | 1.28x | ₩-7.95 Billion |
| 2014 | 5.96% | 6.68% | 0.72x | 1.24x | ₩-6.13 Billion |
| 2015 | 7.39% | 8.86% | 0.69x | 1.21x | ₩-4.22 Billion |
| 2016 | 8.50% | 10.23% | 0.67x | 1.25x | ₩-2.58 Billion |
| 2017 | 8.85% | 10.83% | 0.67x | 1.22x | ₩-2.11 Billion |
| 2018 | 11.75% | 14.30% | 0.65x | 1.26x | ₩3.41 Billion |
| 2019 | 9.31% | 11.46% | 0.64x | 1.27x | ₩-1.42 Billion |
| 2020 | 8.58% | 10.42% | 0.63x | 1.30x | ₩-3.08 Billion |
| 2021 | 16.81% | 20.34% | 0.61x | 1.35x | ₩17.08 Billion |
| 2022 | 5.55% | 6.22% | 0.66x | 1.35x | ₩-11.38 Billion |
| 2023 | 12.72% | 14.98% | 0.64x | 1.33x | ₩7.66 Billion |
| 2024 | 9.21% | 12.92% | 0.56x | 1.27x | ₩-2.89 Billion |
Industry Comparison
This section compares AhnLab Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $70,554,253,203
- Average return on equity (ROE) among peers: 4.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AhnLab Inc (053800) | ₩387.32 Billion | 6.24% | 0.27x | $279.44 Million |
| Kginicis Co.Ltd (035600) | $24.39 Billion | 13.54% | 1.14x | $108.80 Million |
| Nice Information & Telecommunication Inc (036800) | $55.02 Billion | 19.07% | 1.74x | $79.87 Million |
| Cafe24 Corp (042000) | $233.88 Billion | -8.02% | 0.78x | $262.68 Million |
| NHN KCP Corp (060250) | $29.81 Billion | 15.72% | 1.35x | $243.94 Million |
| Danal Co. Ltd (064260) | $150.45 Billion | -0.40% | 1.58x | $292.50 Million |
| nTels Co. Ltd (069410) | $40.68 Billion | 5.74% | 0.38x | $23.25 Million |
| Plantynet Co. Ltd (075130) | $57.32 Billion | 5.73% | 0.11x | $16.08 Million |
| Secuve Co. Ltd (131090) | $26.77 Billion | 9.63% | 0.22x | $13.85 Million |
| FASOO.COM Co Ltd (150900) | $16.67 Billion | -23.48% | 1.84x | $20.98 Million |