IGG Inc (I91) - Net Assets
Based on the latest financial reports, IGG Inc (I91) has net assets worth €3.43 Billion EUR (≈ $4.01 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.61 Billion ≈ $5.39 Billion USD) and total liabilities (€1.18 Billion ≈ $1.38 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check I91 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.43 Billion |
| % of Total Assets | 74.37% |
| Annual Growth Rate | 41.39% |
| 5-Year Change | 527.85% |
| 10-Year Change | N/A |
| Growth Volatility | 182.96 |
IGG Inc - Net Assets Trend (2016–2024)
This chart illustrates how IGG Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of IGG Inc for the complete picture of this company's asset base.
Annual Net Assets for IGG Inc (2016–2024)
The table below shows the annual net assets of IGG Inc from 2016 to 2024. For live valuation and market cap data, see how much is IGG Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.12 Billion ≈ $3.65 Billion |
+14.25% |
| 2023-12-31 | €2.73 Billion ≈ $3.20 Billion |
+0.84% |
| 2022-12-31 | €2.71 Billion ≈ $3.17 Billion |
-18.16% |
| 2021-12-31 | €3.31 Billion ≈ $3.87 Billion |
+565.83% |
| 2020-12-31 | €497.64 Million ≈ $581.79 Million |
+32.84% |
| 2019-12-31 | €374.61 Million ≈ $437.95 Million |
+33.13% |
| 2018-12-31 | €281.38 Million ≈ $328.97 Million |
+23.51% |
| 2017-12-31 | €227.82 Million ≈ $266.34 Million |
+16.44% |
| 2016-12-31 | €195.66 Million ≈ $228.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to IGG Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 7862.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.35 Billion | 107.33% |
| Total Equity | €3.12 Billion | 100.00% |
IGG Inc Competitors by Market Cap
The table below lists competitors of IGG Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Norma Group AG NA O.N.
XETRA:NOEJ
|
$422.50 Million |
|
Bukwang Pharm
KO:003000
|
$422.58 Million |
|
Shandong Hongyu Agricultural Machinery Co Ltd
SHE:002890
|
$422.59 Million |
|
Caleres Inc
NYSE:CAL
|
$422.68 Million |
|
AS Tallink Grupp
HE:TALLINK
|
$422.35 Million |
|
Lontrue Co Ltd
SHE:300175
|
$422.31 Million |
|
Logan Energy Corp
V:LGN
|
$422.28 Million |
|
Yibin Paper Industry Co Ltd
SHG:600793
|
$422.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IGG Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,734,763,000 to 3,121,069,000, a change of 386,306,000 (14.1%).
- Net income of 580,676,000 contributed positively to equity growth.
- Dividend payments of 97,410,000 reduced retained earnings.
- Share repurchases of 46,616,000 reduced equity.
- Other factors decreased equity by 45,172,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €580.68 Million | +18.61% |
| Dividends Paid | €97.41 Million | -3.12% |
| Share Repurchases | €46.62 Million | -1.49% |
| Other Changes | €-45.17 Million | -1.45% |
| Total Change | €- | 14.13% |
Book Value vs Market Value Analysis
This analysis compares IGG Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.12x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.96x to 0.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.17 | €0.34 | x |
| 2018-12-31 | €0.22 | €0.34 | x |
| 2019-12-31 | €0.30 | €0.34 | x |
| 2020-12-31 | €0.42 | €0.34 | x |
| 2021-12-31 | €2.78 | €0.34 | x |
| 2022-12-31 | €2.26 | €0.34 | x |
| 2023-12-31 | €2.31 | €0.34 | x |
| 2024-12-31 | €2.73 | €0.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IGG Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.61%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.12%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 1.42x
- Recent ROE (18.61%) is below the historical average (31.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 37.06% | 22.55% | 1.32x | 1.24x | €53.02 Million |
| 2017 | 68.08% | 25.69% | 1.91x | 1.39x | €133.11 Million |
| 2018 | 66.94% | 25.26% | 1.87x | 1.41x | €160.92 Million |
| 2019 | 43.99% | 24.68% | 1.40x | 1.27x | €127.33 Million |
| 2020 | 54.30% | 38.38% | 1.12x | 1.27x | €220.47 Million |
| 2021 | 11.18% | 6.12% | 1.36x | 1.34x | €39.09 Million |
| 2022 | -18.57% | -10.97% | 1.26x | 1.34x | €-774.78 Million |
| 2023 | 2.67% | 1.39% | 1.42x | 1.35x | €-200.42 Million |
| 2024 | 18.61% | 10.12% | 1.30x | 1.42x | €268.57 Million |
Industry Comparison
This section compares IGG Inc's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $1,250,172,436
- Average return on equity (ROE) among peers: -16.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IGG Inc (I91) | €3.43 Billion | 37.06% | 0.34x | $422.37 Million |
| Boyaa Interactive International Limited (1BY) | $2.22 Billion | 10.94% | 0.13x | $227.49 Million |
| STILLFRONT GRP AB SK-07 (1YS0) | $3.99 Billion | -60.15% | 1.76x | $192.76 Million |
| 5TH PLANET GAMES DK -50 (2HG1) | $80.72 Million | -6.12% | 0.02x | $49.39 Million |
| MOVIE GAMES S.A. ZY1 (2LH) | $29.32 Million | 5.13% | 0.30x | $4.33 Million |
| NetDragon Websoft Holdings Limited (3ND) | $4.80 Billion | 11.37% | 0.41x | $555.49 Million |
| ASIASOFT CORP.-NVDR-05 (5ASA) | $1.35 Billion | 10.57% | 0.32x | $19.97 Million |
| PLAY2CHILL S.A. ZY -10 (688) | $4.10 Million | 9.86% | 0.44x | $1.77 Million |
| PUNCH PUNK S.A. ZY-10 (6K7) | $4.09 Million | -9.68% | 0.46x | $390.05K |
| IMAGE POWER S.A. ZY -10 (7UQ) | $660.70K | -132.58% | 4.33x | $724.14K |
| SIMFABRIC SA ZY-10 (853) | $19.32 Million | -6.66% | 0.54x | $4.62 Million |
About IGG Inc
IGG Inc, an investment holding company, develops and operates mobile and online games in Asia, North America, Europe, and internationally. The company offers mobile, and client and browser based PC online games. It also licenses online games; involved in the construction of self-use office premises and research and development of games; and provides customer support and technical maintenance supp… Read more