IQuest Co. Ltd.
IQUEST Co., Ltd. engages in the development and sale of ERP software in South Korea. The company was founded in 1996 and is headquartered in Seoul, South Korea.
IQuest Co. Ltd. (262840) - Net Assets
Latest net assets as of September 2025: ₩57.02 Billion KRW
Based on the latest financial reports, IQuest Co. Ltd. (262840) has net assets worth ₩57.02 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 (₩104.88 Billion) and total liabilities (₩47.86 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 | ₩57.02 Billion |
| % of Total Assets | 54.36% |
| Annual Growth Rate | 16.08% |
| 5-Year Change | 137.98% |
| 10-Year Change | N/A |
| Growth Volatility | 39.8 |
IQuest Co. Ltd. - Net Assets Trend (2017–2024)
This chart illustrates how IQuest 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 IQuest Co. Ltd. (2017–2024)
The table below shows the annual net assets of IQuest Co. Ltd. from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩47.76 Billion | -8.18% |
| 2023-12-31 | ₩52.02 Billion | +19.32% |
| 2022-12-31 | ₩43.59 Billion | +4.20% |
| 2021-12-31 | ₩41.84 Billion | +108.46% |
| 2020-12-31 | ₩20.07 Billion | +29.09% |
| 2019-12-31 | ₩15.55 Billion | +25.13% |
| 2018-12-31 | ₩12.42 Billion | -26.14% |
| 2017-12-31 | ₩16.82 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to IQuest 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 133.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩31.85 Billion | 66.69% |
| Common Stock | ₩1.93 Billion | 4.04% |
| Other Components | ₩13.98 Billion | 29.27% |
| Total Equity | ₩47.76 Billion | 100.00% |
IQuest Co. Ltd. Competitors by Market Cap
The table below lists competitors of IQuest Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IFCA MSC Bhd
KLSE:0023
|
$14.32 Million |
|
Melbana Energy Ltd
AU:MAY
|
$14.32 Million |
|
TSKB Gayrimenkul Yatirim Ortakligi AS
IS:TSGYO
|
$14.32 Million |
|
Alpha Astika Akinita S.A
AT:ASTAK
|
$14.33 Million |
|
PLC S.p.A.
F:O29
|
$14.32 Million |
|
Pavonine Co Ltd
KQ:177830
|
$14.31 Million |
|
Buru Energy Limited
PINK:BRNGF
|
$14.30 Million |
|
Lianhua Supermarket Holdings Co. Ltd
PINK:LHUAF
|
$14.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IQuest Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 45,688,692,710 to 47,764,052,430, a change of 2,075,359,720 (4.5%).
- Net income of 3,773,977,190 contributed positively to equity growth.
- Dividend payments of 943,000,000 reduced retained earnings.
- Share repurchases of 691,356,960 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.77 Billion | +7.9% |
| Dividends Paid | ₩943.00 Million | -1.97% |
| Share Repurchases | ₩691.36 Million | -1.45% |
| Other Changes | ₩-64.26 Million | -0.13% |
| Total Change | ₩- | 4.54% |
Book Value vs Market Value Analysis
This analysis compares IQuest 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: 0.78x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.05x to 0.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩1716.53 | ₩1794.00 | x |
| 2018-12-31 | ₩1690.46 | ₩1794.00 | x |
| 2019-12-31 | ₩2115.27 | ₩1794.00 | x |
| 2020-12-31 | ₩2730.65 | ₩1794.00 | x |
| 2021-12-31 | ₩4446.20 | ₩1794.00 | x |
| 2022-12-31 | ₩4622.94 | ₩1794.00 | x |
| 2023-12-31 | ₩4845.04 | ₩1794.00 | x |
| 2024-12-31 | ₩2307.32 | ₩1794.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IQuest 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): 7.90%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.29%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.31x
- Recent ROE (7.90%) is below the historical average (14.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 17.63% | 25.79% | 0.55x | 1.24x | ₩1.28 Billion |
| 2018 | 17.14% | 18.42% | 0.53x | 1.76x | ₩887.05 Million |
| 2019 | 23.61% | 25.30% | 0.69x | 1.35x | ₩2.12 Billion |
| 2020 | 25.60% | 33.65% | 0.51x | 1.48x | ₩3.13 Billion |
| 2021 | 8.42% | 22.47% | 0.29x | 1.27x | ₩-660.70 Million |
| 2022 | 6.59% | 10.89% | 0.44x | 1.36x | ₩-1.49 Billion |
| 2023 | 6.93% | 7.90% | 0.66x | 1.34x | ₩-1.40 Billion |
| 2024 | 7.90% | 9.29% | 0.65x | 1.31x | ₩-1.00 Billion |
Industry Comparison
This section compares IQuest Co. Ltd.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $45,786,090,292
- Average return on equity (ROE) among peers: -4.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IQuest Co. Ltd. (262840) | ₩57.02 Billion | 17.63% | 0.84x | $14.32 Million |
| Douzone Bizon Co Ltd (012510) | $82.16 Billion | 20.47% | 1.34x | $1.46 Billion |
| NuriFlex Co.Ltd (040160) | $60.32 Billion | 2.29% | 0.53x | $46.47 Million |
| Raonsecure Co. Ltd (042510) | $50.48 Billion | 7.96% | 0.42x | $39.59 Million |
| Osangjaiel Co. Ltd (053980) | $35.39 Billion | 4.33% | 0.74x | $26.27 Million |
| Emro Inc. (058970) | $11.53 Billion | 8.73% | 1.15x | $159.67 Million |
| LONGTU KOREA Inc (060240) | $3.59 Billion | 0.00% | 5.53x | $3.02 Million |
| Younglimwon Soft Lab Co. Ltd. (060850) | $4.11 Billion | -86.33% | 4.58x | $23.73 Million |
| Gemvaxlink Co. Ltd (064800) | $169.44 Billion | -11.42% | 0.21x | $44.93 Million |
| 088340 (088340) | $8.99 Billion | 9.77% | 1.57x | $20.38 Million |
| Mobileleader Co.Ltd (100030) | $31.85 Billion | 0.00% | 0.11x | $19.75 Million |