e-Credible Co. Ltd (092130) - Net Assets
Based on the latest financial reports, e-Credible Co. Ltd (092130) has net assets worth ₩42.72 Billion KRW (≈ $28.95 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 (₩52.71 Billion ≈ $35.72 Million USD) and total liabilities (₩9.99 Billion ≈ $6.77 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 e-Credible Co. Ltd (092130) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩42.72 Billion |
| % of Total Assets | 81.05% |
| Annual Growth Rate | 4.44% |
| 5-Year Change | -32.56% |
| 10-Year Change | 14.02% |
| Growth Volatility | 13.74 |
e-Credible Co. Ltd - Net Assets Trend (2012–2025)
This chart illustrates how e-Credible Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore e-Credible Co. Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for e-Credible Co. Ltd (2012–2025)
The table below shows the annual net assets of e-Credible Co. Ltd from 2012 to 2025. For live valuation and market cap data, see how much is e-Credible Co. Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩42.72 Billion ≈ $28.95 Million |
-12.80% |
| 2024-12-31 | ₩48.99 Billion ≈ $33.20 Million |
+7.74% |
| 2023-12-31 | ₩45.47 Billion ≈ $30.82 Million |
-1.68% |
| 2022-12-31 | ₩46.25 Billion ≈ $31.34 Million |
-26.99% |
| 2021-12-31 | ₩63.35 Billion ≈ $42.93 Million |
+9.50% |
| 2020-12-31 | ₩57.85 Billion ≈ $39.21 Million |
+7.70% |
| 2019-12-31 | ₩53.71 Billion ≈ $36.40 Million |
+11.60% |
| 2018-12-31 | ₩48.13 Billion ≈ $32.62 Million |
+14.63% |
| 2017-12-31 | ₩41.99 Billion ≈ $28.46 Million |
+12.07% |
| 2016-12-31 | ₩37.47 Billion ≈ $25.39 Million |
+14.65% |
| 2015-12-31 | ₩32.68 Billion ≈ $22.15 Million |
+12.29% |
| 2014-12-31 | ₩29.10 Billion ≈ $19.72 Million |
+9.88% |
| 2013-12-31 | ₩26.49 Billion ≈ $17.95 Million |
+27.76% |
| 2012-12-31 | ₩20.73 Billion ≈ $14.05 Million |
-13.69% |
| 2012-09-30 | ₩24.02 Billion ≈ $16.28 Million |
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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 3192941980000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩31.93 Billion | 74.74% |
| Other Components | ₩10.79 Billion | 25.26% |
| Total Equity | ₩42.72 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 |
|---|---|
|
RiverNorth Managed Duration Municipal Income Fund II Inc.
NYSE:RMMZ
|
$124.96 Million |
|
BRC Inc.
NYSE:BRCC
|
$124.97 Million |
|
Rotem Shani Entrepreneurship and Investments Ltd
TA:RTSN
|
$124.98 Million |
|
Bigtincan Holdings Ltd
AU:BTH
|
$125.00 Million |
|
Jindal Poly Investment and Finance Company Limited
NSE:JPOLYINVST
|
$124.91 Million |
|
OPTIMIZERx Corp
NASDAQ:OPRX
|
$124.89 Million |
|
Minaurum Silver Inc.
V:MGG
|
$124.89 Million |
|
ASolid Technology Co Ltd
TWO:6485
|
$124.88 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 2024 to 2025, total equity changed from 48,991,051,060 to 42,720,107,510, a change of -6,270,943,550 (-12.8%).
- Net income of 12,878,380,440 contributed positively to equity growth.
- Dividend payments of 19,149,324,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩12.88 Billion | +30.15% |
| Dividends Paid | ₩19.15 Billion | -44.83% |
| Other Changes | ₩10.00 | +0.0% |
| Total Change | ₩- | -12.80% |
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: 4.32x
- 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 4.92x to 4.32x 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 | ₩15310.00 | x |
| 2017-12-31 | ₩3486.43 | ₩15310.00 | x |
| 2018-12-31 | ₩3996.38 | ₩15310.00 | x |
| 2019-12-31 | ₩4459.89 | ₩15310.00 | x |
| 2020-12-31 | ₩4803.52 | ₩15310.00 | x |
| 2021-12-31 | ₩5259.84 | ₩15310.00 | x |
| 2022-12-31 | ₩3840.08 | ₩15310.00 | x |
| 2023-12-31 | ₩3775.55 | ₩15310.00 | x |
| 2024-12-31 | ₩4067.81 | ₩15310.00 | x |
| 2025-12-31 | ₩3547.12 | ₩15310.00 | 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): 30.15%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.75%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.23x
- Recent ROE (30.15%) is above the historical average (23.87%), 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 |
| 2025 | 30.15% | 25.75% | 0.95x | 1.23x | ₩8.61 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: $105,318,774,481
- Average return on equity (ROE) among peers: 4.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| e-Credible Co. Ltd (092130) | ₩42.72 Billion | 23.40% | 0.23x | $124.96 Million |
| Kocom Co. Ltd (015710) | $120.42 Billion | -2.20% | 0.24x | $43.47 Million |
| Sigong Tech Co. Ltd (020710) | $48.73 Billion | 4.42% | 0.41x | $65.89 Million |
| Korea Environment Technology Co. LTD (029960) | $97.21 Billion | 8.59% | 0.34x | $301.63 Million |
| NICE Information Service Co. Ltd (030190) | $89.65 Billion | 11.05% | 0.17x | $709.61 Million |
| Yangjisa Co. Ltd (030960) | $64.98 Billion | 5.51% | 0.27x | $63.30 Million |
| Paratech Company Limited (033540) | $97.86 Billion | -5.39% | 1.14x | $11.37 Million |
| KG Mobilians Co. Ltd (046440) | $225.52 Billion | 7.97% | 1.00x | $104.80 Million |
| EXA E&C Inc (054940) | $23.53 Billion | 0.00% | 1.80x | $17.20 Million |
| INSUN Environmental New Technology Co. Ltd (060150) | $164.31 Billion | 1.79% | 0.82x | $120.72 Million |
| NICE Total Cash Management Co. Ltd (063570) | $120.97 Billion | 12.82% | 2.15x | $109.18 Million |
About e-Credible Co. Ltd
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