462350

KQ:462350 Korea Aerospace & Defense
Market Cap
$190.91 Million
₩279.53 Billion KRW
Market Cap Rank
#17348 Global
#572 in Korea
Share Price
₩17880.00
Change (1 day)
-2.30%
52-Week Range
₩9040.00 - ₩24350.00
All Time High
₩34450.00
About

INNOSPACE Co., Ltd. operates as an aerospace/defense manufacturing and engineering service company in South Korea and internationally. It develops hybrid rocket powered small sat launchers. The company was founded in 2017 and is headquartered in Sejong, South Korea.

462350 (462350) - Net Assets

Latest net assets as of September 2025: ₩28.50 Billion KRW

Based on the latest financial reports, 462350 (462350) has net assets worth ₩28.50 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 (₩63.35 Billion) and total liabilities (₩34.85 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 ₩28.50 Billion
% of Total Assets 44.99%
Annual Growth Rate N/A
5-Year Change N/A
10-Year Change N/A
Growth Volatility N/A

462350 - Net Assets Trend (2022–2024)

This chart illustrates how 462350's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for 462350 (2022–2024)

The table below shows the annual net assets of 462350 from 2022 to 2024.

Year Net Assets Change
2024-12-31 ₩44.19 Billion +122.90%
2023-12-31 ₩19.82 Billion +123.65%
2022-12-31 ₩-83.82 Billion --

Equity Component Analysis

This analysis shows how different components contribute to 462350'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 11685341351000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock ₩9.38 Billion 21.22%
Other Components ₩235.99 Billion 534.08%
Total Equity ₩44.19 Billion 100.00%

462350 Competitors by Market Cap

The table below lists competitors of 462350 ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in 462350's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 19,823,509,000 to 44,186,142,420, a change of 24,362,633,420 (122.9%).
  • Net loss of 33,346,498,850 reduced equity.
  • Share repurchases of 56,229,369,550 reduced equity.
  • New share issuances of 56,229,369,550 increased equity.
  • Other factors increased equity by 57,709,132,270.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩-33.35 Billion -75.47%
Share Repurchases ₩56.23 Billion -127.26%
Share Issuances ₩56.23 Billion +127.26%
Other Changes ₩57.71 Billion +130.6%
Total Change ₩- 122.90%

Book Value vs Market Value Analysis

This analysis compares 462350'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: 3.79x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2022-12-31 ₩-8939.68 ₩17880.00 x
2023-12-31 ₩2114.35 ₩17880.00 x
2024-12-31 ₩4712.84 ₩17880.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently 462350 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): -75.47%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -226723.54%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.27x
  • Recent ROE (-75.47%) is above the historical average (-165.14%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2022 0.00% -14127.61% 0.01x 0.00x ₩-39.96 Billion
2023 -419.94% -35971.40% 0.01x 1.21x ₩-85.23 Billion
2024 -75.47% -226723.54% 0.00x 1.27x ₩-37.77 Billion

Industry Comparison

This section compares 462350's net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

  • Industry: Aerospace & Defense
  • Average net assets among peers: $71,344,352,855
  • Average return on equity (ROE) among peers: -11.92%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
462350 (462350) ₩28.50 Billion 0.00% 1.22x $122.85 Million
Oriental Precision & Engineering Co.Ltd (014940) $110.13 Billion 23.66% 0.96x $122.46 Million
MEDICOX Co. Ltd (054180) $62.24 Billion -55.32% 0.55x $442.04K
Victek Co. Ltd (065450) $31.96 Billion 5.63% 0.59x $71.93 Million
SAMYUNG ENC Co. Ltd (065570) $37.05 Billion -112.73% 1.16x $3.25 Million
AeroSpace Technology of Korea (067390) $57.81 Billion 4.32% 1.33x $87.13 Million
Satrec Initiative Co. Ltd (099320) $58.01 Billion 8.01% 0.34x $421.09 Million
Inhwa Precision Co. Ltd (101930) $189.62 Billion 8.05% 0.92x $156.96 Million
Hizeaero Co. Ltd (221840) $76.47 Billion 4.80% 0.80x $20.27 Million
Kencoa Aerospace Corporation (274090) $33.68 Billion -22.46% 1.21x $138.76 Million
ASTech Co., Ltd. (453860) $56.47 Billion 16.80% 0.58x $17.73 Million