CS Corporation (065770) - Net Assets
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 065770 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see 065770 market cap overview.
Annual Net Assets for CS Corporation (2008–2024)
The table below shows the annual net assets of CS Corporation from 2008 to 2024. Also explore 065770 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| 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 |
|---|---|
|
Kalo Gold Corp
NASDAQ:KLGDD
|
$11.95 Million |
|
HF Company SA
PA:ALHF
|
$11.95 Million |
|
QPR Software Oyj
HE:QPR1V
|
$11.95 Million |
|
Intraco Penta Tbk
JK:INTA
|
$11.95 Million |
|
Trimitra Propertindo Tbk PT
JK:LAND
|
$11.95 Million |
|
Peako Ltd
AU:PKO
|
$11.95 Million |
|
Weizmann Limited
NSE:WEIZMANIND
|
$11.94 Million |
|
Fevertree Drinks Plc
LSE:FEVR
|
$11.94 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: 0.98x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩1047.04 | ₩936.00 | x |
| 2017-12-31 | ₩1003.50 | ₩936.00 | x |
| 2018-12-31 | ₩1197.39 | ₩936.00 | x |
| 2019-12-31 | ₩1155.28 | ₩936.00 | x |
| 2020-12-31 | ₩1170.43 | ₩936.00 | x |
| 2021-12-31 | ₩1099.03 | ₩936.00 | x |
| 2022-12-31 | ₩935.79 | ₩936.00 | x |
| 2023-12-31 | ₩902.03 | ₩936.00 | x |
| 2024-12-31 | ₩957.25 | ₩936.00 | 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: $95,619,387,726
- Average return on equity (ROE) among peers: 5.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CS Corporation (065770) | ₩17.44 Billion | 4.63% | 0.15x | $11.95 Million |
| Eyesvision Corp (031310) | $59.20 Billion | 0.00% | 0.63x | $9.83 Million |
| BG T&A Co (046310) | $39.68 Billion | 11.63% | 0.94x | $24.33 Million |
| SOLiD Inc (050890) | $52.83 Billion | 0.00% | 1.07x | $327.98 Million |
| System and Application Technologies Co. Ltd (060540) | $45.98 Billion | 4.09% | 0.38x | $25.87 Million |
| Homecast Co.Ltd (064240) | $114.02 Billion | 10.63% | 0.28x | $39.17 Million |
| ECSTELECOM Co. Ltd (067010) | $36.75 Billion | 12.65% | 0.38x | $11.35 Million |
| Innowireless Co. Ltd (073490) | $130.91 Billion | 10.28% | 0.42x | $130.17 Million |
| Frtek Co.Ltd (073540) | $34.49 Billion | -7.91% | 0.76x | $19.04 Million |
| Ubiquoss Holdings Inc (078070) | $346.72 Billion | 4.04% | 0.13x | $92.34 Million |
About CS Corporation
CS Corporation manufactures and sells IT equipment for telecommunication companies worldwide. It offers distributed antenna systems; and RF repeaters and interference cancellation systems that provides a solution to enhance 3G/4G/5G mobile coverage for indoor and outdoor. The company was formerly known as C&S Microwave Co., Ltd. and changed its name to CS Corporation in March 2010. CS Corporation… Read more