Korea SPAC 2 (206400) - Total Assets
Based on the latest financial reports, Korea SPAC 2 (206400) holds total assets worth ₩84.29 Billion KRW (≈ $57.12 Million USD) 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. Check 206400 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Korea SPAC 2 - Total Assets Trend (2015–2024)
This chart illustrates how Korea SPAC 2's total assets have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Korea SPAC 2 to see how much of total assets are deployed in long-term investments.
Korea SPAC 2 - Asset Composition Analysis
Current Asset Composition (December 2024)
Korea SPAC 2's total assets of ₩84.29 Billion consist of 49.8% current assets and 50.2% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩16.39 Billion | 0.0% |
| Accounts Receivable | ₩1.77 Billion | 1.7% |
| Inventory | ₩67.98 Million | 0.1% |
| Property, Plant & Equipment | ₩5.62 Billion | 5.4% |
| Intangible Assets | ₩4.20 Billion | 4.0% |
| Goodwill | ₩1.82 Billion | 1.7% |
Asset Composition Trend (2015–2024)
This chart illustrates how Korea SPAC 2'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. For live market cap, price, and company overview, see 206400 market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Korea SPAC 2's current assets represent 49.8% of total assets in 2024, a decrease from 91.8% in 2015.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 33.7% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 2.0% in 2015.
- Asset Diversification: The largest asset category is cash and equivalents at 0.0% of total assets.
Korea SPAC 2 Competitors by Total Assets
Key competitors of Korea SPAC 2 based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Giant Network Group Co Ltd
SHE:002558
|
China | CN¥18.19 Billion |
|
NCsoft Corp
KO:036570
|
Korea | ₩4.33 Trillion |
|
Hangzhou Electn Soul Network
SHG:603258
|
China | CN¥2.48 Billion |
|
Devsisters corporation
KQ:194480
|
Korea | ₩322.33 Billion |
|
Cornerstone OnDemand Inc
F:8CO
|
Germany | €193.11 Million |
|
KB No4 SPAC
KQ:205500
|
Korea | ₩74.00 Billion |
|
TINYBUILD REGSCAT3 DL-001
F:8Z3
|
Germany | €46.49 Million |
|
Flexion Mobile PLC
ST:FLEXM
|
Sweden | Skr487.02 Million |
Korea SPAC 2 - 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 | 13.31 | 5.29 | 2.36 |
| Quick Ratio | 13.28 | 5.29 | 2.36 |
| Cash Ratio | 0.00 | 2.13 | 0.00 |
| Working Capital | ₩40.85 Billion | ₩44.40 Billion | ₩31.20 Billion |
Korea SPAC 2 - Advanced Valuation Insights
This section examines the relationship between Korea SPAC 2'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 | 0.72 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -14.8% |
| Total Assets | ₩104.75 Billion |
| Market Capitalization | $25.37 Million USD |
Valuation Analysis
Below Book Valuation: The market values Korea SPAC 2's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Korea SPAC 2's assets decreased by 14.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Korea SPAC 2 (2015–2024)
The table below shows the annual total assets of Korea SPAC 2 from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩104.75 Billion ≈ $70.98 Million |
-14.81% |
| 2023-12-31 | ₩122.96 Billion ≈ $83.33 Million |
+21.40% |
| 2022-12-31 | ₩101.28 Billion ≈ $68.64 Million |
-22.12% |
| 2021-12-31 | ₩130.06 Billion ≈ $88.14 Million |
+76.19% |
| 2020-12-31 | ₩73.81 Billion ≈ $50.02 Million |
+66.82% |
| 2019-12-31 | ₩44.25 Billion ≈ $29.99 Million |
+78.55% |
| 2018-12-31 | ₩24.78 Billion ≈ $16.79 Million |
+39.47% |
| 2017-12-31 | ₩17.77 Billion ≈ $12.04 Million |
-12.20% |
| 2016-12-31 | ₩20.24 Billion ≈ $13.72 Million |
-20.50% |
| 2015-12-31 | ₩25.46 Billion ≈ $17.25 Million |
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About Korea SPAC 2
BENO TNR, Inc. engages in interior design, construction, robot, and bio businesses. It engages in the designing, manufacturing, and construction of shading systems, eco-friendly flooring, and radiant heating panels applied to various buildings. It also provides XoMotion, an exoskeleton wearable robot that supports lower body movements; and develops medicine through epigenetic modification. BENO T… Read more