ELUON Corporation (065440) - Net Assets

Latest as of September 2025: ₩50.55 Billion KRW ≈ $34.26 Million USD

Based on the latest financial reports, ELUON Corporation (065440) has net assets worth ₩50.55 Billion KRW (≈ $34.26 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 (₩75.49 Billion ≈ $51.16 Million USD) and total liabilities (₩24.94 Billion ≈ $16.90 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 065440 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩50.55 Billion
% of Total Assets	66.96%
Annual Growth Rate	4.58%
5-Year Change	37.21%
10-Year Change	378.18%
Growth Volatility	33.46

ELUON Corporation - Net Assets Trend (2005–2024)

This chart illustrates how ELUON Corporation's net assets have evolved over time, based on quarterly financial data. Also explore ELUON Corporation assets under control for the complete picture of this company's asset base.

Annual Net Assets for ELUON Corporation (2005–2024)

The table below shows the annual net assets of ELUON Corporation from 2005 to 2024. For live valuation and market cap data, see 065440 market cap overview.

Year	Net Assets	Change
2024-12-31	₩51.06 Billion ≈ $34.60 Million	+13.24%
2023-12-31	₩45.09 Billion ≈ $30.56 Million	+7.71%
2022-12-31	₩41.86 Billion ≈ $28.37 Million	+7.97%
2021-12-31	₩38.77 Billion ≈ $26.27 Million	+4.18%
2020-12-31	₩37.21 Billion ≈ $25.22 Million	+7.99%
2019-12-31	₩34.46 Billion ≈ $23.35 Million	+1.04%
2018-12-31	₩34.10 Billion ≈ $23.11 Million	+86.05%
2017-12-31	₩18.33 Billion ≈ $12.42 Million	-7.22%
2016-12-31	₩19.76 Billion ≈ $13.39 Million	+85.04%
2015-12-31	₩10.68 Billion ≈ $7.24 Million	-0.01%
2014-12-31	₩10.68 Billion ≈ $7.24 Million	-40.97%
2013-12-31	₩18.09 Billion ≈ $12.26 Million	+11.36%
2012-12-31	₩16.24 Billion ≈ $11.01 Million	-15.63%
2011-12-31	₩19.25 Billion ≈ $13.05 Million	-11.64%
2005-12-31	₩21.79 Billion ≈ $14.77 Million	--

Equity Component Analysis

This analysis shows how different components contribute to ELUON Corporation'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 1667084295000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩16.67 Billion	32.64%
Other Components	₩34.40 Billion	67.36%
Total Equity	₩51.07 Billion	100.00%

ELUON Corporation Competitors by Market Cap

The table below lists competitors of ELUON Corporation ranked by their market capitalization.

Company	Market Cap
Hwang-Kum Stee KO:032560	$72.65 Million
PannErgy Nyrt. F:PPL	$72.65 Million
Taiwan Allied Container Terminal TWO:5601	$72.68 Million
High Co. SA PA:HCO	$72.69 Million
Kamdhenu Limited NSE:KAMDHENU	$72.61 Million
Woosu AMS Co.Ltd KQ:066590	$72.61 Million
Eureka Acquisition Corp Unit NASDAQ:EURKU	$72.60 Million
Keum Kang Steel Co. Ltd KQ:053260	$72.53 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in ELUON Corporation's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 45,110,710,920 to 51,070,166,710, a change of 5,959,455,790 (13.2%).
Net income of 5,622,379,750 contributed positively to equity growth.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩5.62 Billion	+11.01%
Other Changes	₩337.08 Million	+0.66%
Total Change	₩-	13.21%

Book Value vs Market Value Analysis

This analysis compares ELUON Corporation'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: 2.17x
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 3.51x to 2.17x 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	₩1154.94	₩4055.00	x
2017-12-31	₩1071.52	₩4055.00	x
2018-12-31	₩1290.09	₩4055.00	x
2019-12-31	₩1303.46	₩4055.00	x
2020-12-31	₩1407.63	₩4055.00	x
2021-12-31	₩1466.51	₩4055.00	x
2022-12-31	₩1583.39	₩4055.00	x
2023-12-31	₩1706.41	₩4055.00	x
2024-12-31	₩1872.42	₩4055.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently ELUON Corporation 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): 11.01%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.21%
• Asset Turnover: 0.91x
• Equity Multiplier: 1.48x
Recent ROE (11.01%) is above the historical average (-2.25%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	4.65%	5.63%	0.50x	1.67x	₩-1.17 Billion
2013	7.45%	2.68%	1.03x	2.71x	₩-461.53 Million
2014	-65.14%	-14.70%	0.96x	4.61x	₩-8.01 Billion
2015	0.23%	0.05%	1.07x	4.52x	₩-1.04 Billion
2016	-5.23%	-1.97%	1.11x	2.39x	₩-3.01 Billion
2017	-9.22%	-4.84%	0.73x	2.62x	₩-3.52 Billion
2018	2.69%	1.90%	0.80x	1.76x	₩-2.49 Billion
2019	1.57%	1.10%	0.84x	1.72x	₩-2.90 Billion
2020	5.74%	4.47%	0.78x	1.66x	₩-1.58 Billion
2021	4.66%	3.21%	0.91x	1.59x	₩-2.07 Billion
2022	4.12%	3.05%	0.88x	1.54x	₩-2.46 Billion
2023	8.26%	6.65%	0.87x	1.43x	₩-782.92 Million
2024	11.01%	8.21%	0.91x	1.48x	₩515.36 Million

Industry Comparison

This section compares ELUON Corporation's net assets metrics with peer companies in the Software & IT Services industry.

Industry Context

Industry: Software & IT Services
Average net assets among peers: $98,319,233,855
Average return on equity (ROE) among peers: 8.90%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
ELUON Corporation (065440)	₩50.55 Billion	4.65%	0.49x	$72.65 Million
Daishin Information & Communications Co.Ltd (020180)	$34.38 Billion	19.10%	2.04x	$31.04 Million
PLAYWITH Inc (023770)	$29.10 Billion	0.00%	0.62x	$7.32 Million
Hancom Inc (030520)	$485.67 Billion	2.86%	0.40x	$300.10 Million
UBcare. Co. Ltd (032620)	$113.54 Billion	-1.51%	0.37x	$138.83 Million
Softcen Co. Ltd (032680)	$13.85 Billion	5.06%	0.40x	$5.97 Million
InfoBank Corporation (039290)	$77.87 Billion	7.95%	0.29x	$26.11 Million
Korea Business News Co. Ltd (039340)	$108.94 Billion	13.23%	0.18x	$72.85 Million
CUROCOM Co. Ltd (040350)	$83.05 Billion	35.29%	0.11x	$54.20 Million
Polaris Office Corp (041020)	$27.92 Billion	-24.51%	0.26x	$122.11 Million
Total Soft Bank Ltd (045340)	$8.87 Billion	31.58%	1.30x	$39.09 Million

About ELUON Corporation

KQ:065440 Korea Software & IT Services

Market Cap

$72.65 Million

₩107.20 Billion KRW

Market Cap Rank

#20441 Global

#1196 in Korea

Share Price

₩4055.00

Change (1 day)

+1.12%

52-Week Range

₩1207.00 - ₩4475.00

All Time High

₩6790.00