Playgram Co. Ltd (009810) - Net Assets

Latest as of September 2025: ₩186.02 Billion KRW ≈ $126.06 Million USD

Based on the latest financial reports, Playgram Co. Ltd (009810) has net assets worth ₩186.02 Billion KRW (≈ $126.06 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩295.37 Billion ≈ $200.17 Million USD) and total liabilities (₩109.35 Billion ≈ $74.11 Million 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 Playgram Co. Ltd (009810) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩186.02 Billion
% of Total Assets	62.98%
Annual Growth Rate	24.36%
5-Year Change	230.6%
10-Year Change	419.82%
Growth Volatility	113.56

Playgram Co. Ltd - Net Assets Trend (2002–2024)

This chart illustrates how Playgram Co. Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Playgram Co. Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Playgram Co. Ltd (2002–2024)

The table below shows the annual net assets of Playgram Co. Ltd from 2002 to 2024. For live valuation and market cap data, see how much is Playgram Co. Ltd worth.

Year	Net Assets	Change
2024-12-31	₩205.44 Billion ≈ $139.22 Million	+18.29%
2023-12-31	₩173.67 Billion ≈ $117.70 Million	-5.38%
2022-12-31	₩183.55 Billion ≈ $124.39 Million	+254.85%
2021-12-31	₩51.73 Billion ≈ $35.05 Million	-16.76%
2020-12-31	₩62.14 Billion ≈ $42.11 Million	+50.29%
2019-12-31	₩41.35 Billion ≈ $28.02 Million	-3.04%
2018-12-31	₩42.65 Billion ≈ $28.90 Million	-11.19%
2017-12-31	₩48.02 Billion ≈ $32.54 Million	-16.42%
2016-12-31	₩57.45 Billion ≈ $38.93 Million	+45.37%
2015-12-31	₩39.52 Billion ≈ $26.78 Million	+57.63%
2014-12-31	₩25.07 Billion ≈ $16.99 Million	-18.43%
2013-12-31	₩30.74 Billion ≈ $20.83 Million	-12.51%
2012-12-31	₩35.14 Billion ≈ $23.81 Million	-38.33%
2011-12-31	₩56.98 Billion ≈ $38.61 Million	+26.91%
2010-12-31	₩44.90 Billion ≈ $30.43 Million	+1239.29%
2004-12-31	₩-3.94 Billion ≈ $-2.67 Million	-151.29%
2003-12-31	₩7.68 Billion ≈ $5.21 Million	+353.00%
2002-12-31	₩1.70 Billion ≈ $1.15 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Playgram Co. Ltd'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 decreased by 5901930291000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	₩132.45 Billion	180.37%
Total Equity	₩73.43 Billion	100.00%

Playgram Co. Ltd Competitors by Market Cap

The table below lists competitors of Playgram Co. Ltd ranked by their market capitalization.

Company	Market Cap
Ginni Filaments Limited NSE:GINNIFILA	$39.16 Million
Acanthe Développement PA:ACAN	$39.19 Million
Sentien Printing Factory Co Ltd TWO:8410	$39.19 Million
PCF Group SA WAR:PCF	$39.23 Million
Venus Metals Corporation Ltd AU:VMC	$39.15 Million
Ibase Gaming TWO:6441	$39.14 Million
Swiss Water Decaffeinated Coffee Inc TO:SWP	$39.14 Million
Singtex Industrial Co Ltd TWO:4433	$39.13 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Playgram Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 54,584,835,320 to 73,434,053,390, a change of 18,849,218,070 (34.5%).
Net loss of 1,320,407,640 reduced equity.
New share issuances of 3,403,297,870 increased equity.
Other factors increased equity by 16,766,327,840.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩-1.32 Billion	-1.8%
Share Issuances	₩3.40 Billion	+4.63%
Other Changes	₩16.77 Billion	+22.83%
Total Change	₩-	34.53%

Book Value vs Market Value Analysis

This analysis compares Playgram Co. Ltd'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: 3.93x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 1.34x to 3.93x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	₩1418.67	₩1902.00	x
2018-12-31	₩1050.90	₩1902.00	x
2019-12-31	₩990.68	₩1902.00	x
2020-12-31	₩783.04	₩1902.00	x
2021-12-31	₩577.33	₩1902.00	x
2022-12-31	₩685.08	₩1902.00	x
2023-12-31	₩430.68	₩1902.00	x
2024-12-31	₩483.51	₩1902.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Playgram Co. Ltd 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): -1.80%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -0.49%
• Asset Turnover: 0.80x
• Equity Multiplier: 4.59x
Recent ROE (-1.80%) is above the historical average (-13.12%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	10.95%	1.94%	1.41x	4.01x	₩72.33 Million
2011	0.07%	0.18%	0.29x	1.39x	₩-4.29 Billion
2013	-0.04%	-0.11%	0.39x	1.05x	₩-3.08 Billion
2014	-42.17%	-88.78%	0.38x	1.25x	₩-13.05 Billion
2015	5.51%	8.05%	0.59x	1.16x	₩-1.77 Billion
2016	-3.07%	-9.65%	0.25x	1.29x	₩-7.51 Billion
2017	-16.11%	-27.54%	0.44x	1.32x	₩-12.54 Billion
2018	-33.04%	-216.05%	0.14x	1.06x	₩-18.37 Billion
2019	-7.89%	-37.25%	0.21x	1.03x	₩-7.41 Billion
2020	5.86%	10.70%	0.49x	1.11x	₩-2.57 Billion
2021	-34.78%	-44.11%	0.32x	2.50x	₩-23.19 Billion
2022	1.72%	1.00%	0.43x	3.98x	₩-6.32 Billion
2023	-68.84%	-17.52%	0.78x	5.01x	₩-43.03 Billion
2024	-1.80%	-0.49%	0.80x	4.59x	₩-8.66 Billion

Industry Comparison

This section compares Playgram Co. Ltd's net assets metrics with peer companies in the Industrial Distribution industry.

Industry Context

Industry: Industrial Distribution
Average net assets among peers: $190,695,865,694
Average return on equity (ROE) among peers: 5.33%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Playgram Co. Ltd (009810)	₩186.02 Billion	10.95%	0.59x	$39.15 Million
Gs Global (001250)	$-154.63 Billion	0.00%	0.00x	$166.60 Million
Sam Yung Tradi (002810)	$245.19 Billion	8.77%	0.21x	$258.64 Million
Hae In (003010)	$127.63 Billion	11.15%	0.96x	$33.53 Million
Hyundai Corp (011760)	$667.02 Billion	5.06%	1.89x	$201.86 Million
Duckshin Housing Co. Ltd (090410)	$68.26 Billion	1.66%	0.44x	$29.36 Million

About Playgram Co. Ltd

KO:009810 Korea Industrial Distribution

Market Cap

$39.15 Million

₩57.77 Billion KRW

Market Cap Rank

#22842 Global

#1490 in Korea

Share Price

₩1902.00

Change (1 day)

+0.69%

52-Week Range

₩242.00 - ₩2215.00

All Time High

₩3390.00