Alticast Corporation (085810) - Net Assets
Based on the latest financial reports, Alticast Corporation (085810) has net assets worth ₩54.01 Billion KRW (≈ $36.60 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 (₩74.86 Billion ≈ $50.73 Million USD) and total liabilities (₩20.85 Billion ≈ $14.13 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 085810 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩54.01 Billion |
| % of Total Assets | 72.15% |
| Annual Growth Rate | -3.85% |
| 5-Year Change | -18.43% |
| 10-Year Change | -43.46% |
| Growth Volatility | 33.54 |
Alticast Corporation - Net Assets Trend (2013–2025)
This chart illustrates how Alticast Corporation's net assets have evolved over time, based on quarterly financial data. Also explore 085810 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Alticast Corporation (2013–2025)
The table below shows the annual net assets of Alticast Corporation from 2013 to 2025. For live valuation and market cap data, see Alticast Corporation (085810) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩54.01 Billion ≈ $36.60 Million |
+46.57% |
| 2024-12-31 | ₩36.85 Billion ≈ $24.97 Million |
+78.95% |
| 2023-12-31 | ₩20.59 Billion ≈ $13.96 Million |
-57.86% |
| 2022-12-31 | ₩48.87 Billion ≈ $33.12 Million |
-26.20% |
| 2021-12-31 | ₩66.21 Billion ≈ $44.87 Million |
-3.61% |
| 2020-12-31 | ₩68.69 Billion ≈ $46.55 Million |
+10.44% |
| 2019-12-31 | ₩62.20 Billion ≈ $42.15 Million |
-27.90% |
| 2018-12-31 | ₩86.26 Billion ≈ $58.46 Million |
-7.08% |
| 2017-12-31 | ₩92.84 Billion ≈ $62.92 Million |
-2.82% |
| 2016-12-31 | ₩95.53 Billion ≈ $64.74 Million |
+0.14% |
| 2015-12-31 | ₩95.39 Billion ≈ $64.65 Million |
-1.52% |
| 2014-12-31 | ₩96.87 Billion ≈ $65.65 Million |
+11.90% |
| 2013-12-31 | ₩86.56 Billion ≈ $58.66 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Alticast 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 5317535096000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩103.97 Billion | 204.69% |
| Total Equity | ₩50.80 Billion | 100.00% |
Alticast Corporation Competitors by Market Cap
The table below lists competitors of Alticast Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Man Group PLC
LSE:EMG
|
$35.04 Million |
|
Prairie Provident Resources Inc
TO:PPR
|
$35.04 Million |
|
Carnival PLC
LSE:CCL
|
$35.04 Million |
|
ATOME ENERGY PLC LS-002
F:J6J
|
$35.06 Million |
|
Aallon Group Oyj
HE:AALLON
|
$35.01 Million |
|
DNA Biomed Solns
TA:DNA
|
$35.00 Million |
|
Rockwell Medical Inc
NASDAQ:RMTI
|
$35.00 Million |
|
Eco Wave Power Global AB ADR
NASDAQ:WAVE
|
$34.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alticast Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 36,849,837,800 to 50,795,234,520, a change of 13,945,396,720 (37.8%).
- Net loss of 813,298,000 reduced equity.
- New share issuances of 5,998,756,840 increased equity.
- Other factors increased equity by 8,759,937,880.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-813.30 Million | -1.6% |
| Share Issuances | ₩6.00 Billion | +11.81% |
| Other Changes | ₩8.76 Billion | +17.25% |
| Total Change | ₩- | 37.84% |
Book Value vs Market Value Analysis
This analysis compares Alticast 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: 2.96x
- 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 0.53x to 2.96x 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 | ₩4712.60 | ₩2505.00 | x |
| 2017-12-31 | ₩4719.49 | ₩2505.00 | x |
| 2018-12-31 | ₩4330.07 | ₩2505.00 | x |
| 2019-12-31 | ₩3030.89 | ₩2505.00 | x |
| 2020-12-31 | ₩2539.88 | ₩2505.00 | x |
| 2021-12-31 | ₩2290.52 | ₩2505.00 | x |
| 2022-12-31 | ₩1690.50 | ₩2505.00 | x |
| 2023-12-31 | ₩792.46 | ₩2505.00 | x |
| 2024-12-31 | ₩763.30 | ₩2505.00 | x |
| 2025-12-31 | ₩846.23 | ₩2505.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alticast 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): -1.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.53%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.47x
- Recent ROE (-1.60%) is above the historical average (-16.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 19.78% | 23.23% | 0.68x | 1.25x | ₩8.46 Billion |
| 2014 | 13.43% | 16.86% | 0.70x | 1.14x | ₩3.32 Billion |
| 2015 | 0.46% | 0.70% | 0.55x | 1.19x | ₩-9.10 Billion |
| 2016 | 1.28% | 1.86% | 0.38x | 1.79x | ₩-8.33 Billion |
| 2017 | 1.62% | 2.13% | 0.41x | 1.85x | ₩-7.78 Billion |
| 2018 | -7.99% | -9.04% | 0.46x | 1.91x | ₩-15.52 Billion |
| 2019 | -42.58% | -49.80% | 0.31x | 2.73x | ₩-32.70 Billion |
| 2020 | -5.56% | -8.56% | 0.51x | 1.26x | ₩-10.68 Billion |
| 2021 | -7.42% | -13.55% | 0.44x | 1.26x | ₩-11.53 Billion |
| 2022 | -36.46% | -245.94% | 0.10x | 1.43x | ₩-22.70 Billion |
| 2023 | -113.39% | -459.04% | 0.11x | 2.19x | ₩-28.26 Billion |
| 2024 | -35.37% | -229.42% | 0.13x | 1.22x | ₩-16.72 Billion |
| 2025 | -1.60% | -1.53% | 0.71x | 1.47x | ₩-5.89 Billion |
Industry Comparison
This section compares Alticast 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: $52,630,877,645
- Average return on equity (ROE) among peers: 3.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alticast Corporation (085810) | ₩54.01 Billion | 19.78% | 0.39x | $35.01 Million |
| Daishin Information & Communications Co.Ltd (020180) | $28.59 Billion | -0.17% | 1.98x | $32.06 Million |
| PLAYWITH Inc (023770) | $13.65 Billion | 0.00% | 1.50x | $7.73 Million |
| Hancom Inc (030520) | $151.60 Billion | 15.84% | 0.41x | $300.10 Million |
| UBcare. Co. Ltd (032620) | $43.84 Billion | 0.00% | 0.25x | $140.04 Million |
| Softcen Co. Ltd (032680) | $9.15 Billion | 11.19% | 0.68x | $5.97 Million |
| InfoBank Corporation (039290) | $52.41 Billion | 1.60% | 0.39x | $26.52 Million |
| Korea Business News Co. Ltd (039340) | $121.90 Billion | 12.32% | 0.20x | $72.70 Million |
| CUROCOM Co. Ltd (040350) | $51.56 Billion | 0.00% | 0.20x | $54.20 Million |
| Polaris Office Corp (041020) | $37.38 Billion | -26.28% | 0.15x | $125.79 Million |
| Total Soft Bank Ltd (045340) | $16.22 Billion | 18.58% | 0.65x | $38.66 Million |
About Alticast Corporation
Alticast Corporation develops software solutions in South Korea. The company's products include Ambient TV, an E2E media platform; business intelligence and remote management systems; AltiCloud UI, a solution that virtualizes UI applications to minimize devices; AltiPlatform-WEB, a software platform for low-end set-top boxes to 4K, UHD, and HDR set-top boxes; AltiPlatform-Android, a software plat… Read more