Korea No. 9 Special Purpose Acquisition Co. Ltd. (368770) - Net Assets
Based on the latest financial reports, Korea No. 9 Special Purpose Acquisition Co. Ltd. (368770) has net assets worth ₩47.81 Billion KRW (≈ $32.40 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩72.34 Billion ≈ $49.02 Million USD) and total liabilities (₩24.53 Billion ≈ $16.62 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. For live market cap and overall valuation, see 368770 market cap overview.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩47.81 Billion |
| % of Total Assets | 66.09% |
| Annual Growth Rate | 122.29% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1443.48 |
Korea No. 9 Special Purpose Acquisition Co. Ltd. - Net Assets Trend (2020–2025)
This chart illustrates how Korea No. 9 Special Purpose Acquisition Co. Ltd.'s net assets have evolved over time, based on quarterly financial data.
Annual Net Assets for Korea No. 9 Special Purpose Acquisition Co. Ltd. (2020–2025)
The table below shows the annual net assets of Korea No. 9 Special Purpose Acquisition Co. Ltd. from 2020 to 2025. See Korea No. 9 Special Purpose Acquisition (368770) balance sheet quality index to measure how much of total assets are equity-financed.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩45.79 Billion ≈ $31.03 Million |
+18.60% |
| 2024-12-31 | ₩38.61 Billion ≈ $26.17 Million |
+20.62% |
| 2023-12-31 | ₩32.01 Billion ≈ $21.69 Million |
+9.91% |
| 2022-12-31 | ₩29.12 Billion ≈ $19.74 Million |
+3349.93% |
| 2020-12-31 | ₩844.17 Million ≈ $572.08K |
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Equity Component Analysis
This analysis shows how different components contribute to Korea No. 9 Special Purpose Acquisition 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 2587474540000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩25.86 Billion | 56.48% |
| Other Components | ₩19.93 Billion | 43.52% |
| Total Equity | ₩45.79 Billion | 100.00% |
Korea No. 9 Special Purpose Acquisition Co. Ltd. Competitors by Market Cap
The table below lists competitors of Korea No. 9 Special Purpose Acquisition Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Infotel SA
PA:INF
|
$284.72 Million |
|
UNID Company Ltd
KO:014830
|
$284.79 Million |
|
Xi S And D Inc
KO:317400
|
$284.89 Million |
|
J&V Energy Tech Co Ltd
TW:6869
|
$284.91 Million |
|
Kogeneracja SA
WAR:KGN
|
$284.59 Million |
|
Vista Gold Corporation
NYSE MKT:VGZ
|
$284.50 Million |
|
DSC Holdings Ltd. American Depositary Shares
NASDAQ:DSC
|
$284.48 Million |
|
Compucase Enterprise Co Ltd
TW:3032
|
$284.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korea No. 9 Special Purpose Acquisition Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 38,610,358,850 to 45,791,713,100, a change of 7,181,354,250 (18.6%).
- Net income of 9,309,096,260 contributed positively to equity growth.
- New share issuances of 20,328,000 increased equity.
- Other factors decreased equity by 2,148,070,010.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩9.31 Billion | +20.33% |
| Share Issuances | ₩20.33 Million | +0.04% |
| Other Changes | ₩-2.15 Billion | -4.69% |
| Total Change | ₩- | 18.60% |
Book Value vs Market Value Analysis
This analysis compares Korea No. 9 Special Purpose Acquisition 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: 9.17x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 14.26x to 9.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩897.68 | ₩12800.00 | x |
| 2023-12-31 | ₩983.28 | ₩12800.00 | x |
| 2024-12-31 | ₩1180.95 | ₩12800.00 | x |
| 2025-12-31 | ₩1395.27 | ₩12800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korea No. 9 Special Purpose Acquisition 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): 20.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.41%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.33x
- Recent ROE (20.33%) is above the historical average (8.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -1.25% | 0.00% | 0.00x | 1.88x | ₩-94.94 Million |
| 2022 | -5.94% | -9.19% | 0.47x | 1.36x | ₩-4.64 Billion |
| 2023 | 8.91% | 14.71% | 0.48x | 1.27x | ₩-349.50 Million |
| 2024 | 18.52% | 21.71% | 0.66x | 1.29x | ₩3.29 Billion |
| 2025 | 20.33% | 21.41% | 0.72x | 1.33x | ₩4.73 Billion |
Industry Comparison
This section compares Korea No. 9 Special Purpose Acquisition Co. Ltd.'s net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $85,099,791,313
- Average return on equity (ROE) among peers: 20.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Korea No. 9 Special Purpose Acquisition Co. Ltd. (368770) | ₩47.81 Billion | -1.25% | 0.51x | $284.69 Million |
| NanoenTekInc (039860) | $23.35 Billion | 0.00% | 0.30x | $82.69 Million |
| THINKWARE Corporation (084730) | $145.33 Billion | 1.69% | 0.37x | $55.18 Million |
| Suprema HQ Inc (094840) | $209.14 Billion | 17.82% | 0.10x | $87.25 Million |
| Woojin (105840) | $197.28 Billion | 5.92% | 0.22x | $184.02 Million |
| HyVision System. Inc (126700) | $132.47 Billion | 7.91% | 0.27x | $102.31 Million |
| DAIHAN Scientific Co. Ltd (131220) | $28.24 Billion | 4.34% | 0.57x | $18.84 Million |
| Parksystems Corp (140860) | $53.08 Billion | 18.76% | 0.97x | $1.28 Billion |
| Eugene ACPC SPAC 2 (215090) | $37.45 Billion | 87.16% | 0.40x | $19.84 Million |
| LET co. Ltd (297890) | $18.34 Billion | 56.84% | 1.16x | $83.92 Million |
| Wintec Co. Ltd (320000) | $6.32 Billion | -0.15% | 0.09x | $198.37 Million |
About Korea No. 9 Special Purpose Acquisition Co. Ltd.
FIBERPRO, Inc. manufactures fiber optic solutions for telecommunications and fiber optic sensor interrogation. The company offers inertial measurement units; fiber optic gyroscopes; distributed temperature sensing system and receivers; and FBG interrogation system and strain sensor. It also provides photonic solution instruments, such as fiber-loop optical-microwave phase detector, polarization s… Read more