Joint Stock Company Kaspi.kz
Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in Kazakhstan, Azerbaijan, and Ukraine. It operates in three segments: Payments, Marketplace, and Fintech. The Payments segment offers a platform that facilities transactions between and among merchants and consumers. This segment provides ways for consum… Read more
Joint Stock Company Kaspi.kz (KSPI) - Total Assets
Latest total assets as of December 2025: $11.07 Trillion USD
Based on the latest financial reports, Joint Stock Company Kaspi.kz (KSPI) holds total assets worth $11.07 Trillion USD as of December 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.
Joint Stock Company Kaspi.kz - Total Assets Trend (2019–2025)
This chart illustrates how Joint Stock Company Kaspi.kz’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Joint Stock Company Kaspi.kz - Asset Composition Analysis
Current Asset Composition (December 2025)
Joint Stock Company Kaspi.kz's total assets of $11.07 Trillion consist of 2.8% current assets and 97.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.8% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $446.85 Billion | 4.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how Joint Stock Company Kaspi.kz'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: Joint Stock Company Kaspi.kz's current assets represent 2.8% of total assets in 2025, a decrease from 73.7% in 2019.
- Cash Position: Cash and equivalents constituted 2.8% of total assets in 2025, down from 10.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 4.0% of total assets.
Joint Stock Company Kaspi.kz Competitors by Total Assets
Key competitors of Joint Stock Company Kaspi.kz based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Joint Stock Company Kaspi.kz - 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
Lower asset utilization - Joint Stock Company Kaspi.kz generates 0.36x 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, Joint Stock Company Kaspi.kz generates $9.38 in net profit.
Joint Stock Company Kaspi.kz - 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 | 10.73 | 5.71 | 4.66 |
| Quick Ratio | 10.54 | 5.71 | 4.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.07 Trillion | $ 4.82 Trillion | $ 2.69 Trillion |
Joint Stock Company Kaspi.kz - Advanced Valuation Insights
This section examines the relationship between Joint Stock Company Kaspi.kz'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 | 2.78 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 32.2% |
| Total Assets | $11.07 Trillion |
| Market Capitalization | $6.86 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Joint Stock Company Kaspi.kz's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Joint Stock Company Kaspi.kz's assets grew by 32.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Joint Stock Company Kaspi.kz (2019–2025)
The table below shows the annual total assets of Joint Stock Company Kaspi.kz from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $11.07 Trillion | +32.20% |
| 2024-12-31 | $8.38 Trillion | +22.80% |
| 2023-12-31 | $6.82 Trillion | +33.20% |
| 2022-12-31 | $5.12 Trillion | +41.96% |
| 2021-12-31 | $3.61 Trillion | +28.54% |
| 2020-12-31 | $2.81 Trillion | +28.30% |
| 2019-12-31 | $2.19 Trillion | -- |