CS Corporation (065770) - Net Assets

Latest as of September 2025: ₩17.44 Billion KRW ≈ $11.82 Million USD

Based on the latest financial reports, CS Corporation (065770) has net assets worth ₩17.44 Billion KRW (≈ $11.82 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 (₩20.07 Billion ≈ $13.60 Million USD) and total liabilities (₩2.63 Billion ≈ $1.78 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 CS Corporation (065770) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩17.44 Billion
% of Total Assets	86.89%
Annual Growth Rate	-4.54%
5-Year Change	-15.71%
10-Year Change	90.29%
Growth Volatility	33.85

CS Corporation - Net Assets Trend (2008–2024)

This chart illustrates how CS Corporation's net assets have evolved over time, based on quarterly financial data. Also explore CS Corporation (065770) total assets for the complete picture of this company's asset base.

Annual Net Assets for CS Corporation (2008–2024)

The table below shows the annual net assets of CS Corporation from 2008 to 2024. For live valuation and market cap data, see 065770 stock market capitalisation.

Year	Net Assets	Change
2024-12-31	₩18.58 Billion ≈ $12.59 Million	+6.12%
2023-12-31	₩17.51 Billion ≈ $11.87 Million	-3.61%
2022-12-31	₩18.16 Billion ≈ $12.31 Million	-14.85%
2021-12-31	₩21.33 Billion ≈ $14.46 Million	-3.23%
2020-12-31	₩22.05 Billion ≈ $14.94 Million	+1.31%
2019-12-31	₩21.76 Billion ≈ $14.75 Million	-3.52%
2018-12-31	₩22.55 Billion ≈ $15.28 Million	+19.32%
2017-12-31	₩18.90 Billion ≈ $12.81 Million	-4.16%
2016-12-31	₩19.72 Billion ≈ $13.36 Million	+101.97%
2015-12-31	₩9.76 Billion ≈ $6.62 Million	-74.95%
2014-12-31	₩38.98 Billion ≈ $26.41 Million	+3.65%
2013-12-31	₩37.61 Billion ≈ $25.49 Million	-28.49%
2012-12-31	₩52.59 Billion ≈ $35.64 Million	+25.58%
2011-12-31	₩41.88 Billion ≈ $28.38 Million	-8.76%
2010-12-31	₩45.90 Billion ≈ $31.10 Million	+7.51%
2009-12-31	₩42.69 Billion ≈ $28.93 Million	+9.22%
2008-12-31	₩39.09 Billion ≈ $26.49 Million	--

Equity Component Analysis

This analysis shows how different components contribute to CS 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 decreased by 2188821524000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	₩9.71 Billion	52.23%
Other Components	₩30.76 Billion	165.56%
Total Equity	₩18.58 Billion	100.00%

CS Corporation Competitors by Market Cap

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

Company	Market Cap
ISA Holdings Ltd JSE:ISA	$20.23 Million
aap Implantate AG F:AAQ1	$20.23 Million
Vow Green Metals AS OL:VGM	$20.23 Million
Lincoln Minerals Ltd AU:LML	$20.24 Million
Nusantara Almazia JK:NZIA	$20.22 Million
Vincit Group Oyj HE:VINCIT	$20.20 Million
Impedimed Ltd AU:IPD	$20.20 Million
Wellchange Holdings Company Limited NASDAQ:WCT	$20.19 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 17,509,403,460 to 18,581,257,360, a change of 1,071,853,900 (6.1%).
Net income of 1,096,610,760 contributed positively to equity growth.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩1.10 Billion	+5.9%
Other Changes	₩-24.76 Million	-0.13%
Total Change	₩-	6.12%

Book Value vs Market Value Analysis

This analysis compares CS 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: 1.65x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 1.51x to 1.65x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	₩1047.04	₩1584.00	x
2017-12-31	₩1003.50	₩1584.00	x
2018-12-31	₩1197.39	₩1584.00	x
2019-12-31	₩1155.28	₩1584.00	x
2020-12-31	₩1170.43	₩1584.00	x
2021-12-31	₩1099.03	₩1584.00	x
2022-12-31	₩935.79	₩1584.00	x
2023-12-31	₩902.03	₩1584.00	x
2024-12-31	₩957.25	₩1584.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently CS 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): 5.90%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.95%
• Asset Turnover: 1.55x
• Equity Multiplier: 1.29x
Recent ROE (5.90%) is above the historical average (-14.22%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	4.63%	4.93%	0.50x	1.89x	₩-2.29 Billion
2010	10.55%	7.77%	0.72x	1.87x	₩250.51 Million
2014	-64.68%	-16.75%	0.70x	5.52x	₩-16.67 Billion
2015	-89.29%	-17.10%	0.84x	6.23x	₩-9.70 Billion
2016	-39.69%	-16.14%	0.88x	2.79x	₩-9.80 Billion
2017	5.29%	2.31%	0.86x	2.65x	₩-889.54 Million
2018	18.17%	6.98%	1.81x	1.44x	₩1.84 Billion
2019	-2.38%	-1.61%	1.18x	1.25x	₩-2.69 Billion
2020	0.81%	0.42%	1.52x	1.29x	₩-2.03 Billion
2021	-11.17%	-5.80%	1.19x	1.61x	₩-4.52 Billion
2022	-19.16%	-9.89%	1.03x	1.88x	₩-5.30 Billion
2023	-3.89%	-2.02%	1.63x	1.18x	₩-2.43 Billion
2024	5.90%	2.95%	1.55x	1.29x	₩-761.51 Million

Industry Comparison

This section compares CS Corporation's net assets metrics with peer companies in the Communications & Networking industry.

Industry Context

Industry: Communications & Networking
Average net assets among peers: $103,946,227,863
Average return on equity (ROE) among peers: 2.09%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
CS Corporation (065770)	₩17.44 Billion	4.63%	0.15x	$20.22 Million
Eyesvision Corp (031310)	$59.20 Billion	0.00%	0.63x	$16.58 Million
BG T&A Co (046310)	$30.65 Billion	-4.33%	1.43x	$34.14 Million
SOLiD Inc (050890)	$195.48 Billion	12.20%	0.89x	$600.83 Million
System and Application Technologies Co. Ltd (060540)	$100.19 Billion	9.12%	0.68x	$24.56 Million
Homecast Co.Ltd (064240)	$37.64 Billion	0.16%	0.66x	$47.40 Million
ECSTELECOM Co. Ltd (067010)	$55.79 Billion	8.32%	0.52x	$10.85 Million
Innowireless Co. Ltd (073490)	$76.88 Billion	-5.83%	0.17x	$213.97 Million
Frtek Co.Ltd (073540)	$32.97 Billion	-4.85%	0.71x	$30.20 Million
Ubiquoss Holdings Inc (078070)	$346.72 Billion	4.04%	0.13x	$167.73 Million

About CS Corporation

KQ:065770 Korea Communications & Networking

Market Cap

$20.22 Million

₩29.83 Billion KRW

Market Cap Rank

#24999 Global

#1860 in Korea

Share Price

₩1584.00

Change (1 day)

+5.95%

52-Week Range

₩615.00 - ₩2935.00

All Time High

₩7740.00