AhnLab Inc (053800) - Net Assets
Based on the latest financial reports, AhnLab Inc (053800) has net assets worth ₩376.27 Billion KRW (≈ $254.99 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩487.57 Billion ≈ $330.42 Million USD) and total liabilities (₩111.31 Billion ≈ $75.43 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 AhnLab Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩376.27 Billion |
| % of Total Assets | 77.17% |
| Annual Growth Rate | 8.12% |
| 5-Year Change | 50.0% |
| 10-Year Change | 118.73% |
| Growth Volatility | 21.86 |
AhnLab Inc - Net Assets Trend (2003–2025)
This chart illustrates how AhnLab Inc's net assets have evolved over time, based on quarterly financial data. Also explore AhnLab Inc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for AhnLab Inc (2003–2025)
The table below shows the annual net assets of AhnLab Inc from 2003 to 2025. For live valuation and market cap data, see AhnLab Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩376.27 Billion ≈ $254.99 Million |
+2.89% |
| 2024-12-31 | ₩365.69 Billion ≈ $247.83 Million |
+28.44% |
| 2023-12-31 | ₩284.72 Billion ≈ $192.95 Million |
+11.44% |
| 2022-12-31 | ₩255.50 Billion ≈ $173.15 Million |
+1.85% |
| 2021-12-31 | ₩250.85 Billion ≈ $170.00 Million |
+15.88% |
| 2020-12-31 | ₩216.48 Billion ≈ $146.70 Million |
+5.25% |
| 2019-12-31 | ₩205.67 Billion ≈ $139.38 Million |
+5.80% |
| 2018-12-31 | ₩194.40 Billion ≈ $131.74 Million |
+5.72% |
| 2017-12-31 | ₩183.89 Billion ≈ $124.62 Million |
+6.90% |
| 2016-12-31 | ₩172.02 Billion ≈ $116.58 Million |
+6.61% |
| 2015-12-31 | ₩161.35 Billion ≈ $109.34 Million |
+6.31% |
| 2014-12-31 | ₩151.77 Billion ≈ $102.85 Million |
+5.46% |
| 2013-12-31 | ₩143.92 Billion ≈ $97.53 Million |
+2.27% |
| 2012-12-31 | ₩140.72 Billion ≈ $95.36 Million |
+8.69% |
| 2011-12-31 | ₩129.46 Billion ≈ $87.74 Million |
+91.89% |
| 2003-12-31 | ₩67.47 Billion ≈ $45.72 Million |
-- |
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 4069.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩294.01 Billion | 78.72% |
| Other Components | ₩79.50 Billion | 21.28% |
| Total Equity | ₩373.52 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 |
|---|---|
|
Shandong Longquan Pipeline Engineering Co Ltd
SHE:002671
|
$407.97 Million |
|
Concord International Securities Co Ltd
TWO:5864
|
$408.09 Million |
|
Instone Real Estate Group AG
XETRA:INS
|
$408.10 Million |
|
Larimar Therapeutics Inc
NASDAQ:LRMR
|
$408.15 Million |
|
VT GMP Co.Ltd
KQ:018290
|
$407.94 Million |
|
Chongqing New Dazheng Property Grp
SHE:002968
|
$407.93 Million |
|
Ashoka Buildcon Limited
NSE:ASHOKA
|
$407.57 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
$407.30 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 2024 to 2025, total equity changed from 365,694,073,670 to 373,516,326,300, a change of 7,822,252,630 (2.1%).
- Net income of 54,271,723,230 contributed positively to equity growth.
- Dividend payments of 12,440,021,100 reduced retained earnings.
- Share repurchases of 36,283,897,030 reduced equity.
- New share issuances of 4,249,999,070 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩54.27 Billion | +14.53% |
| Dividends Paid | ₩12.44 Billion | -3.33% |
| Share Repurchases | ₩36.28 Billion | -9.71% |
| Share Issuances | ₩4.25 Billion | +1.14% |
| Other Changes | ₩-1.98 Billion | -0.53% |
| Total Change | ₩- | 2.14% |
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: 1.61x
- 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 3.19x to 1.61x 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 | ₩63100.00 | x |
| 2017-12-31 | ₩21171.35 | ₩63100.00 | x |
| 2018-12-31 | ₩22381.32 | ₩63100.00 | x |
| 2019-12-31 | ₩23679.16 | ₩63100.00 | x |
| 2020-12-31 | ₩24923.38 | ₩63100.00 | x |
| 2021-12-31 | ₩28880.94 | ₩63100.00 | x |
| 2022-12-31 | ₩29415.67 | ₩63100.00 | x |
| 2023-12-31 | ₩32432.50 | ₩63100.00 | x |
| 2024-12-31 | ₩38215.54 | ₩63100.00 | x |
| 2025-12-31 | ₩39152.65 | ₩63100.00 | 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): 14.53%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.28%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.31x
- Recent ROE (14.53%) is above the historical average (9.19%), 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 |
| 2025 | 14.53% | 20.28% | 0.55x | 1.31x | ₩16.92 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: $118,741,834,517
- Average return on equity (ROE) among peers: 6.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AhnLab Inc (053800) | ₩376.27 Billion | 6.24% | 0.30x | $407.95 Million |
| Kginicis Co.Ltd (035600) | $358.53 Billion | 13.42% | 2.99x | $206.55 Million |
| Nice Information & Telecommunication Inc (036800) | $230.05 Billion | 13.09% | 1.79x | $166.06 Million |
| Cafe24 Corp (042000) | $8.78 Billion | -14.49% | 4.23x | $411.27 Million |
| NHN KCP Corp (060250) | $223.62 Billion | 15.78% | 1.33x | $502.25 Million |
| Danal Co. Ltd (064260) | $84.32 Billion | 3.53% | 2.39x | $331.79 Million |
| nTels Co. Ltd (069410) | $49.08 Billion | 15.01% | 0.23x | $31.62 Million |
| Plantynet Co. Ltd (075130) | $67.24 Billion | -2.32% | 0.36x | $26.41 Million |
| Secuve Co. Ltd (131090) | $21.95 Billion | 6.73% | 0.35x | $21.78 Million |
| FASOO.COM Co Ltd (150900) | $25.10 Billion | 8.68% | 0.31x | $43.41 Million |
About 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