KB SPAC 6 (208640) - Net Assets
Based on the latest financial reports, KB SPAC 6 (208640) has net assets worth ₩16.82 Billion KRW (≈ $11.40 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 (₩18.02 Billion ≈ $12.21 Million USD) and total liabilities (₩1.20 Billion ≈ $813.74K 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 resilient are KB SPAC 6's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩16.82 Billion |
| % of Total Assets | 93.34% |
| Annual Growth Rate | 10.78% |
| 5-Year Change | -4.55% |
| 10-Year Change | N/A |
| Growth Volatility | 110.08 |
KB SPAC 6 - Net Assets Trend (2015–2024)
This chart illustrates how KB SPAC 6's net assets have evolved over time, based on quarterly financial data. Also explore how large is KB SPAC 6's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for KB SPAC 6 (2015–2024)
The table below shows the annual net assets of KB SPAC 6 from 2015 to 2024. For live valuation and market cap data, see KB SPAC 6 market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩22.64 Billion ≈ $15.34 Million |
-12.85% |
| 2023-12-31 | ₩25.98 Billion ≈ $17.61 Million |
-24.52% |
| 2022-12-31 | ₩34.42 Billion ≈ $23.33 Million |
-28.01% |
| 2021-12-31 | ₩47.82 Billion ≈ $32.41 Million |
+101.59% |
| 2020-12-31 | ₩23.72 Billion ≈ $16.08 Million |
-7.43% |
| 2019-12-31 | ₩25.63 Billion ≈ $17.37 Million |
+177.92% |
| 2018-12-31 | ₩9.22 Billion ≈ $6.25 Million |
-66.00% |
| 2017-12-31 | ₩27.12 Billion ≈ $18.38 Million |
-20.79% |
| 2016-12-31 | ₩34.23 Billion ≈ $23.20 Million |
+280.11% |
| 2015-12-31 | ₩9.01 Billion ≈ $6.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to KB SPAC 6'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 1530.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩13.92 Billion | 61.50% |
| Other Components | ₩92.62 Billion | 409.08% |
| Total Equity | ₩22.64 Billion | 100.00% |
KB SPAC 6 Competitors by Market Cap
The table below lists competitors of KB SPAC 6 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zee Learn Limited
NSE:ZEELEARN
|
$18.50 Million |
|
ANGLER GAMING PLC EO -01
F:0QM
|
$18.51 Million |
|
Netel Holding AB
ST:NETEL
|
$18.51 Million |
|
Deltamac Taiwan Co Ltd
TWO:6144
|
$18.51 Million |
|
ReGen III Corp
V:GIII
|
$18.49 Million |
|
Matichon Public Company Limited
BK:MATI
|
$18.49 Million |
|
East Africa Metals Inc.
V:EAM
|
$18.48 Million |
|
Planet Green Holdings Corp
NYSE MKT:PLAG
|
$18.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KB SPAC 6's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,981,501,690 to 22,642,022,130, a change of -3,339,479,560 (-12.9%).
- Net loss of 6,887,905,080 reduced equity.
- Other factors increased equity by 3,548,425,520.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-6.89 Billion | -30.42% |
| Other Changes | ₩3.55 Billion | +15.67% |
| Total Change | ₩- | -12.85% |
Book Value vs Market Value Analysis
This analysis compares KB SPAC 6'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: 1.21x
- 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 0.45x to 1.21x 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 | ₩438.14 | ₩196.00 | x |
| 2017-12-31 | ₩339.10 | ₩196.00 | x |
| 2018-12-31 | ₩112.61 | ₩196.00 | x |
| 2019-12-31 | ₩205.13 | ₩196.00 | x |
| 2020-12-31 | ₩175.68 | ₩196.00 | x |
| 2021-12-31 | ₩349.88 | ₩196.00 | x |
| 2022-12-31 | ₩247.22 | ₩196.00 | x |
| 2023-12-31 | ₩186.59 | ₩196.00 | x |
| 2024-12-31 | ₩162.61 | ₩196.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KB SPAC 6 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): -30.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -49.28%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.11x
- Recent ROE (-30.42%) is above the historical average (-53.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.53% | 3.33% | 0.77x | 1.37x | ₩-582.77 Million |
| 2016 | -20.48% | -115.82% | 0.16x | 1.10x | ₩-10.43 Billion |
| 2017 | -31.09% | -237.19% | 0.13x | 1.04x | ₩-11.14 Billion |
| 2018 | -297.97% | -772.94% | 0.09x | 4.46x | ₩-28.40 Billion |
| 2019 | -52.25% | -367.00% | 0.08x | 1.70x | ₩-15.95 Billion |
| 2020 | -32.50% | -110.04% | 0.18x | 1.64x | ₩-10.08 Billion |
| 2021 | 31.38% | 41.41% | 0.71x | 1.07x | ₩10.22 Billion |
| 2022 | -62.31% | -171.34% | 0.26x | 1.39x | ₩-24.89 Billion |
| 2023 | -47.54% | -106.84% | 0.30x | 1.50x | ₩-14.95 Billion |
| 2024 | -30.42% | -49.28% | 0.56x | 1.11x | ₩-9.15 Billion |
Industry Comparison
This section compares KB SPAC 6's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $630,199,803,157
- Average return on equity (ROE) among peers: 12.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KB SPAC 6 (208640) | ₩16.82 Billion | 3.53% | 0.07x | $18.49 Million |
| Barunson Entertainment & Arts Corporation (035620) | $32.75 Billion | 86.58% | 1.10x | $12.23 Million |
| NCsoft Corp (036570) | $3.06 Trillion | 3.08% | 0.29x | $3.56 Billion |
| HANBIT SOFT Inc (047080) | $12.08 Billion | 14.22% | 1.71x | $22.26 Million |
| Actoz Soft Co.Ltd (052790) | $123.53 Billion | -55.84% | 0.31x | $41.90 Million |
| JOYCITY Corporation (067000) | $62.25 Billion | 10.62% | 0.22x | $116.06 Million |
| Com2uS Corporation (078340) | $760.93 Billion | 18.71% | 0.10x | $253.50 Million |
| SundayToz Corp (123420) | $144.40 Billion | 10.14% | 0.14x | $56.39 Million |
| Nhn Entertain (181710) | $1.50 Trillion | 10.92% | 0.22x | $868.14 Million |
| DoubleU Games Co Ltd (192080) | $404.62 Billion | 8.74% | 1.46x | $810.48 Million |
| Devsisters corporation (194480) | $195.34 Billion | 16.02% | 0.04x | $168.30 Million |
About KB SPAC 6
Thumbage Co., Ltd. develops and sells online and mobile games in South Korea. Thumbage Co., Ltd. was founded in 2013 and is headquartered in Seongnam-si, South Korea.