Jin Air Co Ltd
Jin Air Co., Ltd. engages in domestic and international air transportation business. It is also involved in transportation of air cargo. The company was founded in 2008 and is headquartered in Seoul, South Korea. Jin Air Co., Ltd. operates as a subsidiary of Korean Airlines Co.,Ltd.
Jin Air Co Ltd (272450) - Total Assets
Latest total assets as of September 2025: ₩1.20 Trillion KRW
Based on the latest financial reports, Jin Air Co Ltd (272450) holds total assets worth ₩1.20 Trillion KRW as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Jin Air Co Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Jin Air Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jin Air Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Jin Air Co Ltd's total assets of ₩1.20 Trillion consist of 55.5% current assets and 44.5% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 11.0% |
| Accounts Receivable | ₩42.11 Billion | 3.4% |
| Inventory | ₩855.86 Million | 0.1% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩3.21 Billion | 0.3% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Jin Air Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Jin Air Co Ltd's current assets represent 55.5% of total assets in 2024, a decrease from 71.2% in 2016.
- Cash Position: Cash and equivalents constituted 11.0% of total assets in 2024, up from 10.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 3.4% of total assets.
Jin Air Co Ltd Competitors by Total Assets
Key competitors of Jin Air Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Korean Air Lines Co
KO:003490
|
Korea | ₩48.75 Trillion |
|
Asiana Airline
KO:020560
|
Korea | ₩12.09 Trillion |
|
Jeju Air Co Ltd
KO:089590
|
Korea | ₩2.24 Trillion |
|
T'way Air Co Ltd
KO:091810
|
Korea | ₩1.78 Trillion |
|
Enter Air Sp. z o.o
F:10N
|
Germany | €3.35 Billion |
|
Eva Airways Corp
TW:2618
|
Taiwan | NT$350.66 Billion |
|
STARLUX Airlines Co. Ltd.
TWO:2646
|
Taiwan | NT$91.35 Billion |
|
Air Busan Co Ltd
KO:298690
|
Korea | ₩1.39 Trillion |
Jin Air Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Jin Air Co Ltd generates 1.19x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Jin Air Co Ltd generates $7.80 in net profit.
Jin Air Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.26 | 1.23 | 0.86 |
| Quick Ratio | 1.25 | 1.23 | 0.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩132.43 Billion | ₩ 113.07 Billion | ₩ -26.22 Billion |
Jin Air Co Ltd - Advanced Valuation Insights
This section examines the relationship between Jin Air Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.59 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 28.9% |
| Total Assets | ₩1.23 Trillion |
| Market Capitalization | $50.72 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jin Air Co Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Jin Air Co Ltd's assets grew by 28.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Jin Air Co Ltd (2016–2024)
The table below shows the annual total assets of Jin Air Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.23 Trillion | +28.86% |
| 2023-12-31 | ₩952.33 Billion | +25.67% |
| 2022-12-31 | ₩757.79 Billion | +25.96% |
| 2021-12-31 | ₩601.59 Billion | +8.05% |
| 2020-12-31 | ₩556.77 Billion | -20.96% |
| 2019-12-31 | ₩704.42 Billion | +35.59% |
| 2018-12-31 | ₩519.53 Billion | +4.26% |
| 2017-12-31 | ₩498.27 Billion | +64.85% |
| 2016-12-31 | ₩302.25 Billion | -- |