Incar Financial Service Co. Ltd.
INCAR FINANCIAL SERVICE Co., Ltd. operates as an independent insurance agency in South Korea. The company offers non-life, life, general, and automobile insurance products. It also provides software development, and other financial consulting services. The company was formerly known as Incar Insu Co., Ltd. and changed its name to INCAR FINANCIAL SERVICE Co., Ltd. in July 2014. The company was fou… Read more
Incar Financial Service Co. Ltd. (211050) - Total Assets
Latest total assets as of September 2025: ₩896.06 Billion KRW
Based on the latest financial reports, Incar Financial Service Co. Ltd. (211050) holds total assets worth ₩896.06 Billion 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.
Incar Financial Service Co. Ltd. - Total Assets Trend (2016–2024)
This chart illustrates how Incar Financial Service Co. Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Incar Financial Service Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Incar Financial Service Co. Ltd.'s total assets of ₩896.06 Billion consist of 82.7% current assets and 17.3% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩1.53 Billion | 0.2% |
| Accounts Receivable | ₩0.00 | 0.0% |
| Inventory | ₩0.00 | 0.0% |
| Property, Plant & Equipment | ₩11.56 Billion | 1.6% |
| Intangible Assets | ₩5.02 Billion | 0.7% |
| Goodwill | ₩1.86 Billion | 0.3% |
Asset Composition Trend (2016–2024)
This chart illustrates how Incar Financial Service 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: Incar Financial Service Co. Ltd.'s current assets represent 82.7% of total assets in 2024, an increase from 0.0% in 2016.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2024, down from 0.6% 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 property, plant & equipment at 1.6% of total assets.
Incar Financial Service Co. Ltd. Competitors by Total Assets
Key competitors of Incar Financial Service Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
CNPC Capital Co Ltd
SHE:000617
|
China | CN¥1.12 Trillion |
|
Guangzhou Friendship Group Co Ltd
SHE:000987
|
China | CN¥210.72 Billion |
|
Rendong Holdings Co Ltd
SHE:002647
|
China | CN¥5.16 Billion |
|
Guosheng Financial Holding Inc
SHE:002670
|
China | CN¥48.79 Billion |
|
First Capital Securities Co Ltd Class A
SHE:002797
|
China | CN¥54.90 Billion |
|
Yuanta Financial Holdings Co Ltd
TW:2885
|
Taiwan | NT$4.09 Trillion |
|
LX Holdings Corp
KO:383800
|
Korea | ₩2.04 Trillion |
|
LX Holdings Corp. Pfd.
KO:38380K
|
Korea | ₩2.04 Trillion |
Incar Financial Service 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 - Incar Financial Service Co. Ltd. generates 1.18x 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, Incar Financial Service Co. Ltd. generates $8.77 in net profit.
Incar Financial Service 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 | 1.15 | 1.21 | 1.24 |
| Quick Ratio | 1.15 | 1.21 | 1.24 |
| Cash Ratio | 0.00 | 0.00 | 0.03 |
| Working Capital | ₩96.25 Billion | ₩ 87.43 Billion | ₩ 39.89 Billion |
Incar Financial Service Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between Incar Financial Service 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 | 3.40 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 42.2% |
| Total Assets | ₩707.43 Billion |
| Market Capitalization | $197.94 Million USD |
Valuation Analysis
Below Book Valuation: The market values Incar Financial Service 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: Incar Financial Service Co. Ltd.'s assets grew by 42.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Incar Financial Service Co. Ltd. (2016–2024)
The table below shows the annual total assets of Incar Financial Service Co. Ltd. from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩707.43 Billion | +42.25% |
| 2023-12-31 | ₩497.33 Billion | +70.35% |
| 2022-12-31 | ₩291.94 Billion | +35.85% |
| 2021-12-31 | ₩214.91 Billion | +22.52% |
| 2020-12-31 | ₩175.41 Billion | +7.17% |
| 2019-12-31 | ₩163.68 Billion | +55.18% |
| 2018-12-31 | ₩105.48 Billion | +19.05% |
| 2017-12-31 | ₩88.60 Billion | +75.18% |
| 2016-12-31 | ₩50.58 Billion | -- |