e-Credible Co. Ltd

KQ:092130 Korea Professional & Commercial Services
Market Cap
$124.78 Million
₩182.70 Billion KRW
Market Cap Rank
#22246 Global
#1121 in Korea
Share Price
₩15170.00
Change (1 day)
-0.33%
52-Week Range
₩13400.00 - ₩18330.00
All Time High
₩19070.47
Categories
Companies in Korea Professional & Commercial Services
About

e-Credible Co., Ltd. provides corporate credit certification services in Korea. The company offers DNA, a corporate credit authentication service that manages transaction risk by utilizing corporate credit ratings for business-to-business transactions. It also provides Wisduspool, a corporate information services; and R-MIS that monitors the credit risks. The company was founded in 2001 and is he… Read more

e-Credible Co. Ltd (092130) - Net Assets

Latest net assets as of September 2025: ₩41.41 Billion KRW

Based on the latest financial reports, e-Credible Co. Ltd (092130) has net assets worth ₩41.41 Billion KRW as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩51.54 Billion) and total liabilities (₩10.13 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets ₩41.41 Billion
% of Total Assets 80.35%
Annual Growth Rate 5.99%
5-Year Change -15.32%
10-Year Change 49.91%
Growth Volatility 13.29

e-Credible Co. Ltd - Net Assets Trend (2012–2024)

This chart illustrates how e-Credible Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for e-Credible Co. Ltd (2012–2024)

The table below shows the annual net assets of e-Credible Co. Ltd from 2012 to 2024.

Year Net Assets Change
2024-12-31 ₩48.99 Billion +7.74%
2023-12-31 ₩45.47 Billion -1.68%
2022-12-31 ₩46.25 Billion -26.99%
2021-12-31 ₩63.35 Billion +9.50%
2020-12-31 ₩57.85 Billion +7.70%
2019-12-31 ₩53.71 Billion +11.60%
2018-12-31 ₩48.13 Billion +14.63%
2017-12-31 ₩41.99 Billion +12.07%
2016-12-31 ₩37.47 Billion +14.65%
2015-12-31 ₩32.68 Billion +12.29%
2014-12-31 ₩29.10 Billion +9.88%
2013-12-31 ₩26.49 Billion +27.76%
2012-12-31 ₩20.73 Billion -13.69%
2012-09-30 ₩24.02 Billion --

Equity Component Analysis

This analysis shows how different components contribute to e-Credible Co. Ltd'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 3820036335000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩38.20 Billion 77.97%
Common Stock ₩6.15 Billion 12.55%
Other Components ₩4.64 Billion 9.48%
Total Equity ₩48.99 Billion 100.00%

e-Credible Co. Ltd Competitors by Market Cap

The table below lists competitors of e-Credible Co. Ltd ranked by their market capitalization.

Company Market Cap
Forum Markets, Incorporated
NASDAQ:FRMM
 		$40.22 Million
Lily Textile Co Ltd
TW:1443
 		$40.23 Million
Supreme Infrastructure India Limited
NSE:SUPREMEINF
 		$40.23 Million
Horoz Lojistik Kargo Hizmetleri ve Ticaret Anonim Sirketi
IS:HOROZ
 		$40.23 Million
Prairie Operating Co.
F:7C5
 		$40.18 Million
Apiam Animal Health Ltd
AU:AHX
 		$40.18 Million
Ju Teng International Holdings Limited
TW:9136
 		$40.18 Million
Tocvan Ventures Corp
OTCQB:TCVNF
 		$40.17 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in e-Credible Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 45,471,180,910 to 48,991,051,060, a change of 3,519,870,150 (7.7%).
  • Net income of 12,913,878,160 contributed positively to equity growth.
  • Dividend payments of 9,394,008,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩12.91 Billion +26.36%
Dividends Paid ₩9.39 Billion -19.17%
Other Changes ₩-10.00 -0.0%
Total Change ₩- 7.74%

Book Value vs Market Value Analysis

This analysis compares e-Credible Co. Ltd'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: 3.73x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 4.88x to 3.73x 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 ₩3110.94 ₩15170.00 x
2017-12-31 ₩3486.43 ₩15170.00 x
2018-12-31 ₩3996.38 ₩15170.00 x
2019-12-31 ₩4459.89 ₩15170.00 x
2020-12-31 ₩4803.52 ₩15170.00 x
2021-12-31 ₩5259.84 ₩15170.00 x
2022-12-31 ₩3840.08 ₩15170.00 x
2023-12-31 ₩3775.55 ₩15170.00 x
2024-12-31 ₩4067.81 ₩15170.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently e-Credible Co. Ltd 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): 26.36%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 28.64%
  • • Asset Turnover: 0.76x
  • • Equity Multiplier: 1.21x
  • Recent ROE (26.36%) is above the historical average (23.42%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 23.40% 30.60% 0.65x 1.18x ₩3.22 Billion
2012 1.57% 11.42% 0.11x 1.31x ₩-1.75 Billion
2013 22.50% 31.22% 0.61x 1.18x ₩3.31 Billion
2014 22.24% 32.18% 0.59x 1.18x ₩3.56 Billion
2015 23.85% 30.48% 0.67x 1.17x ₩4.53 Billion
2016 26.28% 31.25% 0.71x 1.19x ₩6.10 Billion
2017 25.97% 32.02% 0.69x 1.18x ₩6.71 Billion
2018 26.02% 33.63% 0.66x 1.18x ₩7.71 Billion
2019 25.42% 33.36% 0.65x 1.17x ₩8.28 Billion
2020 22.56% 30.42% 0.64x 1.17x ₩7.27 Billion
2021 21.98% 30.47% 0.62x 1.17x ₩7.59 Billion
2022 33.86% 33.23% 0.83x 1.22x ₩11.03 Billion
2023 25.84% 28.58% 0.76x 1.19x ₩7.20 Billion
2024 26.36% 28.64% 0.76x 1.21x ₩8.01 Billion

Industry Comparison

This section compares e-Credible Co. Ltd's net assets metrics with peer companies in the Professional & Commercial Services industry.

Industry Context

  • Industry: Professional & Commercial Services
  • Average net assets among peers: $142,670,484,030
  • Average return on equity (ROE) among peers: 7.04%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
e-Credible Co. Ltd (092130) ₩41.41 Billion 23.40% 0.24x $40.22 Million
Kocom Co. Ltd (015710) $123.11 Billion 2.47% 0.15x $14.80 Million
Sigong Tech Co. Ltd (020710) $79.75 Billion 2.97% 0.30x $23.22 Million
Korea Environment Technology Co. LTD (029960) $155.47 Billion 19.07% 0.25x $118.50 Million
NICE Information Service Co. Ltd (030190) $133.65 Billion 16.63% 0.42x $388.19 Million
Yangjisa Co. Ltd (030960) $188.17 Billion -0.85% 0.09x $8.29 Million
Paratech Company Limited (033540) $84.11 Billion 0.40% 0.75x $28.19 Million
KG Mobilians Co. Ltd (046440) $349.72 Billion 12.47% 0.51x $59.39 Million
EXA E&C Inc (054940) $59.13 Billion -1.30% 1.75x $12.23 Million
INSUN Environmental New Technology Co. Ltd (060150) $88.46 Billion 12.88% 0.62x $68.43 Million
NICE Total Cash Management Co. Ltd (063570) $165.13 Billion 5.61% 1.96x $38.93 Million