KineMaster Corporation (139670) - Net Assets
Based on the latest financial reports, KineMaster Corporation (139670) has net assets worth ₩25.37 Billion KRW (≈ $17.19 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 (₩27.01 Billion ≈ $18.30 Million USD) and total liabilities (₩1.64 Billion ≈ $1.11 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 KineMaster Corporation liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩25.37 Billion |
| % of Total Assets | 93.93% |
| Annual Growth Rate | -0.88% |
| 5-Year Change | 53.63% |
| 10-Year Change | -3.93% |
| Growth Volatility | 39.49 |
KineMaster Corporation - Net Assets Trend (2014–2024)
This chart illustrates how KineMaster Corporation's net assets have evolved over time, based on quarterly financial data. Also explore total assets of KineMaster Corporation for the complete picture of this company's asset base.
Annual Net Assets for KineMaster Corporation (2014–2024)
The table below shows the annual net assets of KineMaster Corporation from 2014 to 2024. For live valuation and market cap data, see KineMaster Corporation stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩21.93 Billion ≈ $14.86 Million |
+31.52% |
| 2023-12-31 | ₩16.68 Billion ≈ $11.30 Million |
+74.90% |
| 2022-12-31 | ₩9.53 Billion ≈ $6.46 Million |
-60.04% |
| 2021-12-31 | ₩23.86 Billion ≈ $16.17 Million |
+67.12% |
| 2020-12-31 | ₩14.28 Billion ≈ $9.67 Million |
+13.93% |
| 2019-12-31 | ₩12.53 Billion ≈ $8.49 Million |
+1.38% |
| 2018-12-31 | ₩12.36 Billion ≈ $8.38 Million |
-8.47% |
| 2017-12-31 | ₩13.50 Billion ≈ $9.15 Million |
-24.71% |
| 2016-12-31 | ₩17.94 Billion ≈ $12.16 Million |
-21.44% |
| 2015-12-31 | ₩22.83 Billion ≈ $15.47 Million |
-4.72% |
| 2014-12-31 | ₩23.96 Billion ≈ $16.24 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to KineMaster 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 101.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩22.14 Billion | 100.95% |
| Total Equity | ₩21.93 Billion | 100.00% |
KineMaster Corporation Competitors by Market Cap
The table below lists competitors of KineMaster Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Delko S.A.
WAR:DEL
|
$20.57 Million |
|
Hotel Shilla Co Ltd
KO:008775
|
$20.57 Million |
|
TURA GROUP AB
F:8WO
|
$20.58 Million |
|
Alliance Nickel Ltd
AU:AXN
|
$20.58 Million |
|
Pion Group AB Series B
ST:PION-B
|
$20.56 Million |
|
Artmarket.com SA
PA:PRC
|
$20.55 Million |
|
WhiteSmoke Software Ltd
TA:WSMK
|
$20.54 Million |
|
Daelim Trading
KO:006570
|
$20.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KineMaster Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,676,527,860 to 21,932,645,830, a change of 5,256,117,970 (31.5%).
- Net income of 4,396,720,880 contributed positively to equity growth.
- Other factors increased equity by 859,397,090.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩4.40 Billion | +20.05% |
| Other Changes | ₩859.40 Million | +3.92% |
| Total Change | ₩- | 31.52% |
Book Value vs Market Value Analysis
This analysis compares KineMaster 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: 1.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.57x to 1.38x 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 | ₩1373.49 | ₩2150.00 | x |
| 2017-12-31 | ₩1034.15 | ₩2150.00 | x |
| 2018-12-31 | ₩946.52 | ₩2150.00 | x |
| 2019-12-31 | ₩959.56 | ₩2150.00 | x |
| 2020-12-31 | ₩1093.23 | ₩2150.00 | x |
| 2021-12-31 | ₩1761.29 | ₩2150.00 | x |
| 2022-12-31 | ₩703.85 | ₩2150.00 | x |
| 2023-12-31 | ₩1192.76 | ₩2150.00 | x |
| 2024-12-31 | ₩1553.43 | ₩2150.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KineMaster 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): 20.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.97%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.11x
- Recent ROE (20.05%) is above the historical average (-17.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 10.40% | 14.37% | 0.58x | 1.26x | ₩95.93 Million |
| 2015 | -5.22% | -9.37% | 0.45x | 1.23x | ₩-3.47 Billion |
| 2016 | -29.34% | -56.33% | 0.43x | 1.22x | ₩-7.06 Billion |
| 2017 | -31.76% | -42.48% | 0.61x | 1.23x | ₩-5.64 Billion |
| 2018 | -25.44% | -24.58% | 0.91x | 1.13x | ₩-4.38 Billion |
| 2019 | 0.49% | 0.32% | 1.35x | 1.15x | ₩-1.19 Billion |
| 2020 | 17.22% | 8.25% | 1.80x | 1.16x | ₩1.03 Billion |
| 2021 | -5.37% | -5.42% | 0.90x | 1.10x | ₩-3.67 Billion |
| 2022 | -160.95% | -78.98% | 1.19x | 1.71x | ₩-16.30 Billion |
| 2023 | 15.73% | 15.64% | 0.85x | 1.18x | ₩955.60 Million |
| 2024 | 20.05% | 32.97% | 0.55x | 1.11x | ₩2.20 Billion |
Industry Comparison
This section compares KineMaster Corporation's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $76,046,361,749
- Average return on equity (ROE) among peers: 5.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KineMaster Corporation (139670) | ₩25.37 Billion | 10.40% | 0.06x | $20.57 Million |
| Douzone Bizon Co Ltd (012510) | $117.67 Billion | 9.16% | 0.79x | $2.28 Billion |
| NuriFlex Co.Ltd (040160) | $79.53 Billion | 0.79% | 0.93x | $128.40 Million |
| Raonsecure Co. Ltd (042510) | $38.00 Billion | 17.55% | 1.02x | $91.98 Million |
| Osangjaiel Co. Ltd (053980) | $64.51 Billion | 7.09% | 0.47x | $42.11 Million |
| Gemvaxlink Co. Ltd (064800) | $98.04 Billion | 2.92% | 2.90x | $68.25 Million |
| Mobileleader Co.Ltd (100030) | $52.35 Billion | 5.01% | 0.18x | $34.15 Million |
| Selvas Ai Inc. (108860) | $168.52 Billion | -1.51% | 0.14x | $239.67 Million |
| RSUPPORT Co. Ltd (131370) | $53.89 Billion | 9.30% | 0.09x | $91.85 Million |
| Bflysoft Co. Ltd. (148780) | $11.91 Billion | -0.39% | 0.38x | $27.38 Million |
About KineMaster Corporation
KineMaster Corporation engages in the development of multimedia software for mobile devices in South Korea. The company offers KineMasterMobile, a video editing app that offers tools; and NexPlayer, a multiscreen player integrated into apps and Websites offering OTT services to enable stable HLS and MPEG-DASH streaming. The company was formerly known as NexStreaming Corp. KineMaster Corporation w… Read more