Alticast Corporation (085810) - Net Assets

Latest as of March 2026: ₩52.27 Billion KRW ≈ $35.43 Million USD

Based on the latest financial reports, Alticast Corporation (085810) has net assets worth ₩52.27 Billion KRW (≈ $35.43 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩78.76 Billion ≈ $53.37 Million USD) and total liabilities (₩26.48 Billion ≈ $17.95 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 how tangible is Alticast Corporation's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩52.27 Billion
% of Total Assets	66.38%
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. See 085810 days of operational coverage to measure how many days the company can operate on defensive assets alone.

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	--

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
VIRINCHI ORD (BSE) NSE:VIRINCHI	$20.13 Million
RENDER CUBE BSAC ZY -10 F:W63	$20.14 Million
Gotland Rederi AB Series B ST:GOTL-B	$20.15 Million
Sdiptech AB (publ) ST:SDIP-PREF	$20.15 Million
Saedong Co.Ltd KQ:053060	$20.13 Million
LANCOR HOLDINGS LTD. NSE:LANCORHOL	$20.12 Million
Artego Tg. Jiu RO:ARTE	$20.12 Million
Kronologi Asia Bhd KLSE:0176	$20.12 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: 0.34x
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	₩4712.60	₩1440.00	x
2017-12-31	₩4719.49	₩1440.00	x
2018-12-31	₩4330.07	₩1440.00	x
2019-12-31	₩3030.89	₩1440.00	x
2020-12-31	₩2539.88	₩1440.00	x
2021-12-31	₩2290.52	₩1440.00	x
2022-12-31	₩1690.50	₩1440.00	x
2023-12-31	₩792.46	₩1440.00	x
2024-12-31	₩763.30	₩1440.00	x
2025-12-31	₩4231.13	₩1440.00	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: $68,084,162,458
Average return on equity (ROE) among peers: -17.71%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Alticast Corporation (085810)	₩52.27 Billion	19.78%	0.51x	$20.13 Million
Daishin Information & Communications Co.Ltd (020180)	$21.80 Billion	5.38%	0.86x	$27.68 Million
PLAYWITH Inc (023770)	$8.35 Billion	-33.75%	9.53x	$6.34 Million
Hancom Inc (030520)	$315.69 Billion	14.81%	1.20x	$282.10 Million
UBcare. Co. Ltd (032620)	$47.23 Billion	7.64%	0.20x	$106.24 Million
Softcen Co. Ltd (032680)	$36.80 Billion	-1.67%	0.91x	$19.41 Million
InfoBank Corporation (039290)	$52.41 Billion	1.60%	0.39x	$19.88 Million
Korea Business News Co. Ltd (039340)	$121.90 Billion	12.32%	0.20x	$69.10 Million
CUROCOM Co. Ltd (040350)	$38.65 Billion	-27.01%	0.81x	$622.73 Million
Polaris Office Corp (041020)	$33.02 Billion	-79.16%	0.40x	$81.15 Million
Total Soft Bank Ltd (045340)	$4.99 Billion	-77.23%	1.09x	$38.23 Million

About Alticast Corporation

KQ:085810 Korea Software & IT Services

Market Cap

$20.13 Million

₩29.70 Billion KRW

Market Cap Rank

#25110 Global

#1797 in Korea

Share Price

₩1440.00

Change (1 day)

-1.71%

52-Week Range

₩420.00 - ₩2505.00

All Time High

₩5890.00