coocon Corp.
COOCON Corporation, together with its subsidiary, Webcash(Tianjin) Technical Development Co.,Ltd, operates as business data platform in Korea and China. The company offers personal data, corporate data, and global APIs for data services; and easy payment and e-banking APIs for payment services. It also provides software advisory, development, and supply services. The company serves financial inst… Read more
coocon Corp. (294570) - Net Assets
Latest net assets as of September 2025: ₩164.27 Billion KRW
Based on the latest financial reports, coocon Corp. (294570) has net assets worth ₩164.27 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 (₩295.70 Billion) and total liabilities (₩131.44 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 | ₩164.27 Billion |
| % of Total Assets | 55.55% |
| Annual Growth Rate | 31.84% |
| 5-Year Change | 121.4% |
| 10-Year Change | N/A |
| Growth Volatility | 41.29 |
coocon Corp. - Net Assets Trend (2019–2024)
This chart illustrates how coocon Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for coocon Corp. (2019–2024)
The table below shows the annual net assets of coocon Corp. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩146.81 Billion | +14.55% |
| 2023-12-31 | ₩128.16 Billion | -0.96% |
| 2022-12-31 | ₩129.41 Billion | +0.08% |
| 2021-12-31 | ₩129.31 Billion | +95.00% |
| 2020-12-31 | ₩66.31 Billion | +80.04% |
| 2019-12-31 | ₩36.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to coocon Corp.'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 245.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩69.04 Billion | 47.03% |
| Other Components | ₩77.76 Billion | 52.97% |
| Total Equity | ₩146.81 Billion | 100.00% |
coocon Corp. Competitors by Market Cap
The table below lists competitors of coocon Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zumtobel Group AG
OTCGREY:ZMTBY
|
$65.50 Million |
|
European Residential Real Estate Investment Trust
TO:ERE-UN
|
$65.52 Million |
|
MI70
F:MI70
|
$65.55 Million |
|
Saigon Thuong Tin Real Estate JSC
VN:SCR
|
$65.56 Million |
|
Alerion Clean Power S.p.A.
LSE:0P3O
|
$65.49 Million |
|
Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS
IS:IPEKE
|
$65.49 Million |
|
DouYu International Holdings
NASDAQ:DOYU
|
$65.49 Million |
|
Kernel Holding SA
WAR:KER
|
$65.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in coocon Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 128,160,028,670 to 146,807,134,520, a change of 18,647,105,850 (14.5%).
- Net income of 15,776,286,390 contributed positively to equity growth.
- Dividend payments of 1,008,088,500 reduced retained earnings.
- Share repurchases of 1,709,701,810 reduced equity.
- New share issuances of 1,903,528,850 increased equity.
- Other factors increased equity by 3,685,080,920.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩15.78 Billion | +10.75% |
| Dividends Paid | ₩1.01 Billion | -0.69% |
| Share Repurchases | ₩1.71 Billion | -1.16% |
| Share Issuances | ₩1.90 Billion | +1.3% |
| Other Changes | ₩3.69 Billion | +2.51% |
| Total Change | ₩- | 14.55% |
Book Value vs Market Value Analysis
This analysis compares coocon Corp.'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: 2.14x
- 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 8.27x to 2.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₩3716.74 | ₩30750.00 | x |
| 2020-12-31 | ₩6691.80 | ₩30750.00 | x |
| 2021-12-31 | ₩12836.72 | ₩30750.00 | x |
| 2022-12-31 | ₩12642.22 | ₩30750.00 | x |
| 2023-12-31 | ₩12545.99 | ₩30750.00 | x |
| 2024-12-31 | ₩14395.99 | ₩30750.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently coocon Corp. 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): 10.75%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.60%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.79x
- Recent ROE (10.75%) is below the historical average (12.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 24.91% | 22.24% | 0.42x | 2.65x | ₩5.49 Billion |
| 2020 | 28.38% | 36.63% | 0.36x | 2.14x | ₩12.19 Billion |
| 2021 | 5.44% | 11.45% | 0.30x | 1.56x | ₩-5.90 Billion |
| 2022 | 2.82% | 5.66% | 0.35x | 1.41x | ₩-9.29 Billion |
| 2023 | 5.60% | 10.49% | 0.33x | 1.62x | ₩-5.64 Billion |
| 2024 | 10.75% | 21.60% | 0.28x | 1.79x | ₩1.10 Billion |
Industry Comparison
This section compares coocon Corp.'s net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,189,783,268,581
- Average return on equity (ROE) among peers: 0.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| coocon Corp. (294570) | ₩164.27 Billion | 24.91% | 0.80x | $65.49 Million |
| CItech Co Ltd (004920) | $34.39 Billion | -4.36% | 0.16x | $16.74 Million |
| Ssangyong Information & Communications Corp (010280) | $44.71 Billion | -4.06% | 2.04x | $28.33 Million |
| DB INC (012030) | $246.28 Billion | -25.91% | 1.59x | $116.75 Million |
| Samsung SDS Co Ltd (018260) | $7.44 Trillion | 8.21% | 0.41x | $4.50 Billion |
| Daou Tech (023590) | $2.44 Trillion | 4.52% | 6.75x | $744.10 Million |
| Daou Data Corp (032190) | $1.36 Trillion | 12.12% | 41.61x | $238.83 Million |
| Shinsegae I&C (035510) | $199.24 Billion | 5.35% | 0.45x | $114.73 Million |
| WIZ CORP Inc (038620) | $31.04 Billion | 1.18% | 0.04x | $25.95 Million |
| KL-Net Corp (039420) | $30.56 Billion | 8.05% | 0.25x | $27.42 Million |
| Leenos Corp (039980) | $71.80 Billion | 1.39% | 0.28x | $63.21 Million |