KB SPAC 7 (214270) - Net Assets
Based on the latest financial reports, KB SPAC 7 (214270) has net assets worth ₩128.57 Billion KRW (≈ $87.13 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 (₩403.29 Billion ≈ $273.31 Million USD) and total liabilities (₩274.72 Billion ≈ $186.18 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 financial resilience of KB SPAC 7 to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩128.57 Billion |
| % of Total Assets | 31.88% |
| Annual Growth Rate | 22.93% |
| 5-Year Change | 4.2% |
| 10-Year Change | N/A |
| Growth Volatility | 54.57 |
KB SPAC 7 - Net Assets Trend (2015–2024)
This chart illustrates how KB SPAC 7's net assets have evolved over time, based on quarterly financial data. Also explore KB SPAC 7 total assets for the complete picture of this company's asset base.
Annual Net Assets for KB SPAC 7 (2015–2024)
The table below shows the annual net assets of KB SPAC 7 from 2015 to 2024. For live valuation and market cap data, see KB SPAC 7 market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩59.86 Billion ≈ $40.56 Million |
-35.97% |
| 2023-12-31 | ₩93.49 Billion ≈ $63.35 Million |
-21.14% |
| 2022-12-31 | ₩118.55 Billion ≈ $80.34 Million |
+9.50% |
| 2021-12-31 | ₩108.27 Billion ≈ $73.37 Million |
+88.48% |
| 2020-12-31 | ₩57.44 Billion ≈ $38.93 Million |
+1.41% |
| 2019-12-31 | ₩56.65 Billion ≈ $38.39 Million |
+42.88% |
| 2018-12-31 | ₩39.65 Billion ≈ $26.87 Million |
+74.46% |
| 2017-12-31 | ₩22.72 Billion ≈ $15.40 Million |
+1.07% |
| 2016-12-31 | ₩22.48 Billion ≈ $15.24 Million |
+140.95% |
| 2015-12-31 | ₩9.33 Billion ≈ $6.32 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to KB SPAC 7'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 616841.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩100.91 Billion | 168.59% |
| Common Stock | ₩16.63 Billion | 27.77% |
| Total Equity | ₩59.86 Billion | 100.00% |
KB SPAC 7 Competitors by Market Cap
The table below lists competitors of KB SPAC 7 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sukhjit Starch & Chemicals Limited
NSE:SUKHJITS
|
$60.72 Million |
|
Halmont Properties Corporation
V:HMT
|
$60.72 Million |
|
PJ Metal Co. Ltd
KQ:128660
|
$60.76 Million |
|
Wahana Ottomitra Multiartha
JK:WOMF
|
$60.79 Million |
|
Gujarat Apollo Industries Limited
NSE:GUJAPOLLO
|
$60.69 Million |
|
Borgestad A
OL:BOR
|
$60.69 Million |
|
Jade Gas Holdings Ltd
AU:JGH
|
$60.69 Million |
|
Softtech Engineers Limited
NSE:SOFTTECH
|
$60.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KB SPAC 7's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 75,539,256,750 to 59,857,141,040, a change of -15,682,115,710 (-20.8%).
- Net loss of 8,043,137,350 reduced equity.
- Dividend payments of 872,230,000 reduced retained earnings.
- Share repurchases of 7,907,748,830 reduced equity.
- New share issuances of 1,340,666,350 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-8.04 Billion | -13.44% |
| Dividends Paid | ₩872.23 Million | -1.46% |
| Share Repurchases | ₩7.91 Billion | -13.21% |
| Share Issuances | ₩1.34 Billion | +2.24% |
| Other Changes | ₩-199.67 Million | -0.33% |
| Total Change | ₩- | -20.76% |
Book Value vs Market Value Analysis
This analysis compares KB SPAC 7'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: 1.14x
- 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 0.83x to 1.14x 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 | ₩2464.51 | ₩2050.00 | x |
| 2017-12-31 | ₩2120.94 | ₩2050.00 | x |
| 2018-12-31 | ₩2256.59 | ₩2050.00 | x |
| 2019-12-31 | ₩2941.21 | ₩2050.00 | x |
| 2020-12-31 | ₩2847.24 | ₩2050.00 | x |
| 2021-12-31 | ₩3885.45 | ₩2050.00 | x |
| 2022-12-31 | ₩3565.74 | ₩2050.00 | x |
| 2023-12-31 | ₩2272.03 | ₩2050.00 | x |
| 2024-12-31 | ₩1800.35 | ₩2050.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KB SPAC 7 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): -13.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.03%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 5.44x
- Recent ROE (-13.44%) is below the historical average (-7.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.18% | 0.07% | 2.30x | 1.12x | ₩-916.77 Million |
| 2016 | -30.76% | -21.29% | 1.14x | 1.27x | ₩-9.16 Billion |
| 2017 | 1.58% | 1.05% | 0.90x | 1.67x | ₩-1.91 Billion |
| 2018 | 8.74% | 3.11% | 0.59x | 4.78x | ₩-497.74 Million |
| 2019 | 5.76% | 2.24% | 0.74x | 3.48x | ₩-2.40 Billion |
| 2020 | -10.43% | -3.66% | 0.77x | 3.71x | ₩-11.73 Billion |
| 2021 | 0.08% | 0.04% | 0.89x | 2.19x | ₩-10.74 Billion |
| 2022 | -9.02% | -6.05% | 0.68x | 2.20x | ₩-22.54 Billion |
| 2023 | -31.55% | -13.57% | 0.84x | 2.76x | ₩-31.39 Billion |
| 2024 | -13.44% | -3.03% | 0.82x | 5.44x | ₩-14.03 Billion |
Industry Comparison
This section compares KB SPAC 7's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $268,244,407,661
- Average return on equity (ROE) among peers: 9.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KB SPAC 7 (214270) | ₩128.57 Billion | 0.18% | 2.14x | $60.69 Million |
| Oricom Inc (010470) | $97.09 Billion | 6.33% | 1.17x | $47.85 Million |
| Cheil Worldwide (030000) | $717.82 Billion | 13.00% | 1.52x | $1.38 Billion |
| GIIR Inc (035000) | $90.63 Billion | 9.30% | 2.45x | $98.74 Million |
| Yg Plus Inc (037270) | $111.78 Billion | -2.93% | 0.40x | $219.65 Million |
| Nasmedia Co. Ltd (089600) | $132.09 Billion | 14.32% | 1.29x | $93.40 Million |
| Innocean Worldwide Inc (214320) | $685.58 Billion | 8.97% | 1.37x | $536.73 Million |
| Incross Co. Ltd (216050) | $120.02 Billion | 8.11% | 1.36x | $55.70 Million |
| Echomarketing Co.Ltd (230360) | $190.95 Billion | 19.99% | 0.62x | $336.12 Million |
About KB SPAC 7
FSN Co., Ltd. provides mobile marketing services, business solution development and supply, and Internet and other content development and supply in South Korea, Southeast Asia, the United States, and internationally. It is involved in the advertising agency business; development and supply of business solutions; outdoor advertising; software development and supply; D2C commerce; operation of web… Read more