Metrics
Figures converted from KRW to USD at historical FX rates (frankfurter.app). Monetary statements are shown in US$ millions; per-share figures use the matching period rate. Filing links open the native figures from which each USD value was derived.
The numbers behind Korea Asset In Trust Co., Ltd.: as-reported financial statements and company metrics for FY2021–FY2025, traced to the source filings, opened with the share-price history those statements have to justify. Every linked USD figure opens the exact filing row containing the native reported value from which it was converted. Amounts in US$ millions unless noted.
Reading notes: All figures are the consolidated (연결) numbers for Korea Asset In Trust and its subsidiaries, principally Korea Asset Capital (한국자산캐피탈). The filings print every statement in whole won. Values here are converted to millions of won, so component rows can differ from a printed subtotal by up to one million; no sum-check blocks are attached for that reason. The citation anchor is always the figure exactly as printed in won. FY2021 and FY2022 are cited to the FY2023 annual business report rather than to their own reports. The FY2023 report restated both comparative years into the current line-item taxonomy (금융상품평가및처분이익, 신용손실충당금 전입액/환입액), and the balance-sheet page of the FY2022 report did not extract. Totals are unchanged in every case. FY2019 and FY2020 in the Long-Term Record are the comparative columns of the FY2021 annual business report; FY2016-FY2018 come from the standardized data feed and carry no page links. Total equity is not available for FY2016-FY2018.
Share Price — Available History Since April 2026
The stock closed at $1.65 on Aug 07, 2026 — down 9% over the window shown, trading between $1.47 and $1.95. At that close the stock trades at 5.9× FY2025 diluted EPS as reported below.
Source: market price feed, daily closes, Apr 2026–Aug 2026 — the feed marks this available history as partial. Price return only, excludes dividends. Prices converted from KRW to USD with date-matched or nearest-available FX.
Market capitalization $202mn.
Market cap = 122.4M shares outstanding × the Aug 07, 2026 close of $1.65. Market-derived, shown without filing links.
FY2025 at a Glance
Revenue (US$ millions)
Operating income (US$ millions)
Net income (US$ millions)
Diluted EPS
Source: FY2025 consolidated statements [1] [2]. Click any linked figure to open the filing page with the row highlighted.
Operating Revenue by Source
| Operating Revenue by Source | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Fee and commission income (수수료수익) | 100 | 101 | 89 | 60 | 44 |
| Gain on valuation and disposal of financial instruments (금융상품평가및처분이익) | 13 | 7 | 16 | 9 | 17 |
| Interest income (이자수익) | 52 | 65 | 80 | 75 | 76 |
| Reversal of allowance for credit losses (신용손실충당금 환입액) | 10 | 0 | — | — | — |
| Other operating income (기타영업수익) | 3 | 11 | 15 | 9 | 4 |
| Total operating revenue (영업수익) | 179 | 184 | 199 | 154 | 141 |
| Total operating revenue (영업수익) growth, derived | — | +3.1% | +8.4% | -22.8% | -8.5% |
Source: Consolidated Statement of Comprehensive Income (연결 포괄손익계산서), operating revenue section. FY2021 and FY2022 are the reclassified comparative columns of the FY2023 annual business report. [1] [2]. Click any linked figure to open the filing page with the row highlighted.
Income Statement
Source: Consolidated Statement of Comprehensive Income (연결 포괄손익계산서) [1] [2]. Click any linked figure to open the filing page with the row highlighted.
Columns marked E are consensus analyst estimates from analyst consensus, shown alongside reported results for direct comparison; they are not company guidance.
Estimate source: analyst consensus (claude_web), as of 2026-08-09. Forecasts carry no filing page links.
Balance Sheet
Source: Consolidated Statement of Financial Position (연결 재무상태표) [3] [4]. Click any linked figure to open the filing page with the row highlighted.
Cash Flow
Source: Consolidated Statement of Cash Flows (연결 현금흐름표) [5] [6]. Click any linked figure to open the filing page with the row highlighted.
Fee and Commission Income by Trust Type
| Fee and Commission Income by Trust Type | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Land development trust (토지신탁) | 65 | 73 | 71 | 46 | 29 |
| Management trust (관리신탁) | 0 | 0 | 0 | 0 | 0 |
| Disposal trust (처분신탁) | 0 | 0 | 0 | 0 | 0 |
| Collateral trust (담보신탁) | 4 | 4 | 2 | 3 | 4 |
| Pre-sale management trust (분양관리신탁) | 1 | 1 | 1 | 1 | 1 |
| Trust fees, subtotal (신탁보수 합계) | 70 | 78 | 73 | 50 | 33 |
| Agency service fees (대리사무) | 6 | 9 | 8 | 5 | 5 |
| Other fees (기타) | 24 | 14 | 8 | 6 | 6 |
| Total fee and commission income (수수료수익) | 100 | 101 | 89 | 60 | 44 |
Source: II. Business — Results by Business Type (영업의 종류별 실적). FY2023-FY2025 printed in thousands of won in the FY2025 report; FY2021-FY2022 printed in millions of won in the FY2023 report. [7] [8] [9]. Click any linked figure to open the filing page with the row highlighted.
New Trust Mandates (수주) and Land-Trust Pipeline
| New Trust Mandates (수주) and Land-Trust Pipeline | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| New fee agreements signed (신규 수수료 약정액, 수주액) | 190 | 98 | 56 | 48 | 68 |
| — of which loan-type land trust (차입형토지신탁) | 97 | 33 | 21 | 29 | 40 |
| New loan-type land trust contracts signed (건) | 11 | 6 | 3 | 3 | 5 |
| Total project cost of those contracts (총사업비) | 1,782 | 393 | 190 | 394 | 1,299 |
| Loan-type land trust assets under management (차입형토지신탁 수탁고) | 2,100 | 1,975 | 1,848 | 1,564 | 1,518 |
| REITs AMC service fee (리츠 AMC 보수) | 9 | 3 | 2 | 2 | 3 |
Source: company filings [10] [11] [12] [13]. Click any linked figure to open the filing page with the row highlighted.
Trust Account Lending (신탁계정대)
| Trust Account Lending (신탁계정대) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Trust account loans outstanding, gross (신탁계정대 기말잔액) | 220 | 177 | 361 | 557 | 554 |
| Interest income on trust account loans (신탁계정대이자) | 20 | 10 | 19 | 31 | 36 |
| Interest income on loans to customers (대출금이자) | 27 | 46 | 52 | 40 | 34 |
Source: company filings [14] [15] [16] [17]. Click any linked figure to open the filing page with the row highlighted.
Asset Soundness (자산건전성)
| Asset Soundness (자산건전성) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Assets subject to soundness classification (건전성 분류대상 자산) | 655 | 671 | 884 | 1,047 | 995 |
| Precautionary-and-below assets (요주의이하자산) | 221 | 196 | 454 | 751 | 718 |
| Precautionary-and-below ratio (요주의이하자산비율) | 33.67% | 29.20% | 51.30% | 72.00% | 72.00% |
| Substandard-and-below assets (고정이하자산) | 48 | 63 | 272 | 519 | 488 |
| Substandard-and-below ratio (고정이하자산비율) | 7.38% | 9.36% | 30.82% | 50.00% | 49.00% |
| Allowance plus credit-loss reserve (충당금설정액) | 46 | 46 | 129 | 219 | 230 |
| Coverage ratio, allowance plus equity over precautionary-and-below (커버리지비율) | 344.23% | 399.18% | 204.17% | 124.00% | 136.00% |
Source: company filings [18] [19]. Click any linked figure to open the filing page with the row highlighted.
Capital Adequacy and Liquidity (재무건전성)
| Capital Adequacy and Liquidity (재무건전성) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Net operating capital, parent (영업용순자본) | 402 | 416 | 356 | 220 | 270 |
| Won liquidity ratio, parent (원화유동성비율) | 825.53% | 840.89% | 422.64% | 264.00% | 909.00% |
| KAIC adjusted equity capital ratio (한국자산캐피탈 조정자기자본비율) | 58.30% | 52.33% | 54.65% | 55.00% | 65.00% |
| KAIC non-performing loan ratio (한국자산캐피탈 무수익여신비율) | 0.01% | 0.01% | 0.01% | 14.36% | 12.08% |
Source: company filings [20] [21] [22] [23]. Click any linked figure to open the filing page with the row highlighted.
Shareholder Returns and Market Position
| Shareholder Returns and Market Position | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Cash dividend per common share (주당 현금배당금) | 0.18 | 0.17 | 0.17 | 0.07 | 0.10 |
| Consolidated cash payout ratio (연결 현금배당성향) | 25.05% | 24.87% | 20.77% | 32.70% | 37.17% |
| Cash dividend yield, common shares (현금배당수익률) | 5.2% | 6.7% | 6.8% | 3.6% | 5.7% |
| Share of industry operating revenue, 14 trust companies (영업수익 시장점유율) | 10.0% | 10.0% | 13.0% | 10.0% | 9.0% |
| Employees at year end (직원 수) | 191 | 203 | 201 | 173 | 149 |
Source: company filings [24] [25] [12] [26]. Click any linked figure to open the filing page with the row highlighted.
Long-Term Record
| Fiscal year | Total operating revenue (영업수익) | Operating profit (영업이익) | Profit for the year (당기순이익) | Basic earnings per share (기본주당이익) | Net cash flows from operating activities (영업활동순현금흐름) | Total equity (자본총계) |
|---|---|---|---|---|---|---|
| FY2016 | 115 | 81 | 61 | 1 | (86) | — |
| FY2017 | 187 | 140 | 106 | 1 | (99) | — |
| FY2018 | 190 | 116 | 87 | 1 | (142) | — |
| FY2019 | 188 | 96 | 75 | 1 | (76) | 555 |
| FY2020 | 202 | 150 | 109 | 1 | 478 | 646 |
| FY2021 | 179 | 124 | 90 | 1 | (53) | 713 |
| FY2022 | 184 | 116 | 86 | 1 | (4) | 737 |
| FY2023 | 199 | 90 | 100 | 1 | (190) | 797 |
| FY2024 | 154 | 35 | 25 | 0 | (221) | 711 |
| FY2025 | 141 | 24 | 34 | 0 | 140 | 747 |
Source: consolidated statements across filings; older years from the standardized feed [5] [1] [3] [6]. Click any linked figure to open the filing page with the row highlighted.
Operating KPIs
| KPI | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Trust assets under management (수탁고, 신탁원본 기준) | 16,331 | 16,709 | 14,405 | 13,247 | 15,615 |
| Net operating capital ratio, NCR (영업용순자본비율) | 516.7% | 510.9% | 370.0% | 284.0% | 363.0% |
Source: company-reported operating metrics [21] [7] [23] [9]. Click any linked figure to open the filing page with the row highlighted.
Analyst Consensus
Street ratings: Effectively no live consensus. Only one broker covers Korea Asset In Trust (Hanwha Investment Securities, analyst Song Yu-rim): Buy, target KRW 3,100, published 2025-09-30 and not refreshed since. Buy/Hold/Sell = 1/0/0. FnGuide (WiseReport) as of 2026-08-07 explicitly reports no investment opinion issued within the last 3 months and leaves the 2026/12(E) consensus column blank; Naver Finance returns 추정EPS/추정PER = N/A with an empty research list; Hankyung Consensus returns zero reports for all of 2026. Note the discrepancy: Investing.com displays a mean 12-month target of KRW 3,600 (high 3,600 / low 3,600, 1 analyst, Buy), but that figure matches no dated broker report found on Korean sources and appears stale, so the verified KRW 3,100 from the primary PDF is reported here. Stock last closed at KRW 2,325 (2026-08-07), implying ~33% upside to the 3,100 target.
Estimate source: analyst consensus (claude_web), as of 2026-08-09. Forecasts carry no filing page links.
Traceability
553 of 568 figures on this page (97%) link to the filing page containing the native reported figure from which the USD value was converted — click a linked figure to open that source row. Unlinked figures come from standardized data feeds or pre-filing years.
All figures are the consolidated (연결) numbers for Korea Asset In Trust and its subsidiaries, principally Korea Asset Capital (한국자산캐피탈).
The filings print every statement in whole won. Values here are converted to millions of won, so component rows can differ from a printed subtotal by up to one million; no sum-check blocks are attached for that reason. The citation anchor is always the figure exactly as printed in won.
FY2021 and FY2022 are cited to the FY2023 annual business report rather than to their own reports. The FY2023 report restated both comparative years into the current line-item taxonomy (금융상품평가및처분이익, 신용손실충당금 전입액/환입액), and the balance-sheet page of the FY2022 report did not extract. Totals are unchanged in every case.
FY2019 and FY2020 in the Long-Term Record are the comparative columns of the FY2021 annual business report; FY2016-FY2018 come from the standardized data feed and carry no page links. Total equity is not available for FY2016-FY2018.
Earnings per share is stated in won per share as printed. Basic and diluted are identical in every year: the company reports no dilutive instruments.
Korean quarterly reports print a three-month column for Q1, Q2 and Q3 but never a discrete fourth quarter, and print cash flows on a year-to-date basis only. Q4 FY25 income-statement figures and all Q2-Q4 cash-flow figures are therefore exact differences of two printed cumulative figures and are marked as derived.
The data feed for this run has no balance_sheet.json, so balance-sheet rows are taken entirely from the filings with no independent cross-check.
8 figure(s) differed between the data feed and the filing; the filing value is shown (see the run's metrics/metrics_tab.json for the audit trail).