KT Submarine Co. Ltd Net Assets
KT Submarine Co. Ltd net assets. Based on the latest financial reports, KT Submarine Co. Ltd (060370) has net assets worth ₩625.81 Billion KRW (≈ $424.10 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 (₩705.53 Billion ≈ $478.13 Million USD) and total liabilities (₩79.71 Billion ≈ $54.02 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. Also explore net asset growth rate of KT Submarine Co. Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩625.81 Billion |
| % of Total Assets | 88.7% |
| Annual Growth Rate | 7.96% |
| 5-Year Change | 102.53% |
| 10-Year Change | 115.05% |
| Growth Volatility | 18.17 |
Net Assets of KT Submarine Co. Ltd (2009–2024)
Net assets of KT Submarine Co. Ltd from 2009 to 2024. This chart illustrates how KT Submarine Co. Ltd's net assets have evolved over time, based on quarterly financial data. See KT Submarine Co. Ltd balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for KT Submarine Co. Ltd (2009–2024)
The table below shows the annual net assets of KT Submarine Co. Ltd from 2009 to 2024. For live market cap and overall valuation, see market cap of KT Submarine Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩208.16 Billion ≈ $141.07 Million |
+69.74% |
| 2023-12-31 | ₩122.63 Billion ≈ $83.10 Million |
+9.13% |
| 2022-12-31 | ₩112.37 Billion ≈ $76.15 Million |
+12.76% |
| 2021-12-31 | ₩99.65 Billion ≈ $67.53 Million |
-3.04% |
| 2020-12-31 | ₩102.78 Billion ≈ $69.65 Million |
+0.28% |
| 2019-12-31 | ₩102.50 Billion ≈ $69.46 Million |
-0.67% |
| 2018-12-31 | ₩103.18 Billion ≈ $69.93 Million |
-5.11% |
| 2017-12-31 | ₩108.74 Billion ≈ $73.69 Million |
+7.22% |
| 2016-12-31 | ₩101.42 Billion ≈ $68.73 Million |
+4.78% |
| 2015-12-31 | ₩96.80 Billion ≈ $65.60 Million |
+14.21% |
| 2012-12-31 | ₩84.75 Billion ≈ $57.43 Million |
+7.20% |
| 2011-12-31 | ₩79.06 Billion ≈ $53.58 Million |
+14.47% |
| 2010-12-31 | ₩69.06 Billion ≈ $46.80 Million |
+4.62% |
| 2009-12-31 | ₩66.01 Billion ≈ $44.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to KT Submarine 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 117.4% over the analyzed period, indicating profitable operations and earnings retention.
KT Submarine Co. Ltd Net Assets Breakdown (December 2024)
KT Submarine Co. Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩73.94 Billion | 35.52% |
| Common Stock | ₩32.67 Billion | 15.69% |
| Other Components | ₩101.55 Billion | 48.78% |
| Total Equity | ₩208.16 Billion | 100.00% |
KT Submarine Co. Ltd Competitors by Market Cap
The table below lists competitors of KT Submarine Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Glarner Kantonalbank
SW:GLKBN
|
$349.65 Million |
|
TSH Resources Bhd
KLSE:9059
|
$349.67 Million |
|
Roma Green Finance Limited Ordinary Shares
NASDAQ:ROMA
|
$349.85 Million |
|
Ronshin Group A
SHE:301231
|
$349.89 Million |
|
Nanyang Senba Optical and Electronic Co Ltd
SHE:300701
|
$349.60 Million |
|
Shenzhen Kingsun Science Tech
SHE:300235
|
$349.60 Million |
|
MCBC Holdings Inc
NASDAQ:MCFT
|
$349.53 Million |
|
YUEXIU SERVICES GROUP LTD
F:5R9
|
$349.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KT Submarine Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 122,630,218,290 to 208,157,112,790, a change of 85,526,894,500 (69.7%).
- Net income of 13,203,271,840 contributed positively to equity growth.
- Dividend payments of 3,934,777,120 reduced retained earnings.
- Share repurchases of 34,897,471,760 reduced equity.
- New share issuances of 34,897,471,750 increased equity.
- Other factors increased equity by 76,258,399,790.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩13.20 Billion | +6.34% |
| Dividends Paid | ₩3.93 Billion | -1.89% |
| Share Repurchases | ₩34.90 Billion | -16.76% |
| Share Issuances | ₩34.90 Billion | +16.76% |
| Other Changes | ₩76.26 Billion | +36.64% |
| Total Change | ₩- | 69.74% |
Book Value vs Market Value Analysis
This analysis compares KT Submarine 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: 3.78x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.09x to 3.78x 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 | ₩4934.33 | ₩25100.00 | x |
| 2017-12-31 | ₩5290.45 | ₩25100.00 | x |
| 2018-12-31 | ₩5020.12 | ₩25100.00 | x |
| 2019-12-31 | ₩4986.61 | ₩25100.00 | x |
| 2020-12-31 | ₩5000.47 | ₩25100.00 | x |
| 2021-12-31 | ₩4848.34 | ₩25100.00 | x |
| 2022-12-31 | ₩4569.31 | ₩25100.00 | x |
| 2023-12-31 | ₩4376.56 | ₩25100.00 | x |
| 2024-12-31 | ₩6645.51 | ₩25100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KT Submarine 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): 6.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.13%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.22x
- Recent ROE (6.34%) is above the historical average (3.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 12.92% | 14.55% | 0.58x | 1.54x | ₩1.92 Billion |
| 2010 | 5.65% | 5.53% | 0.71x | 1.44x | ₩-3.01 Billion |
| 2011 | 8.47% | 6.01% | 0.88x | 1.61x | ₩-1.21 Billion |
| 2012 | 9.38% | 11.54% | 0.63x | 1.30x | ₩-523.13 Million |
| 2015 | 4.28% | 6.24% | 0.41x | 1.66x | ₩-5.53 Billion |
| 2016 | 5.07% | 6.13% | 0.53x | 1.55x | ₩-5.00 Billion |
| 2017 | 7.58% | 11.18% | 0.52x | 1.31x | ₩-2.63 Billion |
| 2018 | -4.15% | -6.99% | 0.47x | 1.27x | ₩-14.60 Billion |
| 2019 | 0.47% | 0.88% | 0.46x | 1.18x | ₩-9.76 Billion |
| 2020 | 1.16% | 2.29% | 0.45x | 1.14x | ₩-9.08 Billion |
| 2021 | -3.19% | -10.65% | 0.27x | 1.11x | ₩-13.15 Billion |
| 2022 | -10.79% | -28.34% | 0.36x | 1.07x | ₩-23.36 Billion |
| 2023 | 9.47% | 16.41% | 0.48x | 1.20x | ₩-645.16 Million |
| 2024 | 6.34% | 10.13% | 0.51x | 1.22x | ₩-7.61 Billion |
Industry Comparison
This section compares KT Submarine Co. Ltd's net assets metrics with peer companies in the Construction & Engineering industry.
Industry Context
- Industry: Construction & Engineering
- Average net assets among peers: $149,125,070,703
- Average return on equity (ROE) among peers: -41.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KT Submarine Co. Ltd (060370) | ₩625.81 Billion | 12.92% | 0.13x | $349.62 Million |
| Samil Enterprise Co. Ltd (002290) | $61.70 Billion | 4.78% | 0.19x | $26.76 Million |
| SHINWON CONSTRUCTION COMPANY Ltd (017000) | $49.83 Billion | -32.46% | 1.63x | $13.92 Million |
| KCC Engineering & Construction Co. Ltd (021320) | $419.51 Billion | 7.88% | 1.68x | $76.14 Million |
| Dongsin Engineering & Construction (025950) | $87.28 Billion | 1.13% | 0.13x | $49.81 Million |
| Tuksu Engineering & ConstructionLtd (026150) | $103.56 Billion | -2.20% | 0.91x | $23.00 Million |
| Hanyang ENG Co. Ltd (045100) | $472.35 Billion | 14.77% | 0.55x | $314.68 Million |
| Welcron Hantec Co.Ltd (076080) | $13.67 Billion | -317.75% | 7.41x | $13.40 Million |
| Iljin Power Co. Ltd (094820) | $65.29 Billion | 10.21% | 0.76x | $95.94 Million |
| Korea SE Corp (101670) | $68.95 Billion | -58.77% | 0.48x | $2.96 Million |
About KT Submarine Co. Ltd
KT Submarine Co., Ltd. engages in the construction of submarine cables and offshore plants in South Korea. It installs and maintains submarine fiber optic cables and power cables. The company also provides DSME, SHI, and HHI with assembly and installation services of drilling rigs that are used for exploring crude oil in deep sea area; installs, lays, and inspects submarine pipelines to transfer … Read more