Playgram Co. Ltd (009810) - Net Assets
Based on the latest financial reports, Playgram Co. Ltd (009810) has net assets worth ₩194.08 Billion KRW (≈ $131.53 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩304.37 Billion ≈ $206.27 Million USD) and total liabilities (₩110.28 Billion ≈ $74.74 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 009810 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩194.08 Billion |
| % of Total Assets | 63.77% |
| Annual Growth Rate | 22.54% |
| 5-Year Change | 251.45% |
| 10-Year Change | 216.43% |
| Growth Volatility | 110.67 |
Playgram Co. Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Playgram Co. Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 009810 market cap.
Annual Net Assets for Playgram Co. Ltd (2002–2025)
The table below shows the annual net assets of Playgram Co. Ltd from 2002 to 2025. Also explore net asset momentum of Playgram Co. Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩181.79 Billion ≈ $123.20 Million |
-11.51% |
| 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 6154001282000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩131.24 Billion | 188.29% |
| Total Equity | ₩69.70 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 |
|---|---|
|
Hanil Chemical Ind. Co. Ltd
KQ:007770
|
$19.20 Million |
|
Fuji Finance Indonesia Tbk PT
JK:FUJI
|
$19.20 Million |
|
Camplify Holdings Ltd
AU:CHL
|
$19.20 Million |
|
Castile Resources Ltd
AU:CST
|
$19.20 Million |
|
Diagnos Laboratorium Utama PT Tbk
JK:DGNS
|
$19.19 Million |
|
TG Metals Ltd
AU:TG6
|
$19.19 Million |
|
Formetal Co. Ltd
KQ:119500
|
$19.19 Million |
|
Posco C&C Stl
KO:058430
|
$19.18 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 2024 to 2025, total equity changed from 73,434,053,390 to 69,699,635,210, a change of -3,734,418,180 (-5.1%).
- Net loss of 2,461,425,130 reduced equity.
- Share repurchases of 70,720,480 reduced equity.
- New share issuances of 996,782,920 increased equity.
- Other factors decreased equity by 2,199,055,490.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-2.46 Billion | -3.53% |
| Share Repurchases | ₩70.72 Million | -0.1% |
| Share Issuances | ₩996.78 Million | +1.43% |
| Other Changes | ₩-2.20 Billion | -3.16% |
| Total Change | ₩- | -5.09% |
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: 0.41x
- 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 1.31x to 0.41x 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 | ₩1418.67 | ₩1865.00 | x |
| 2018-12-31 | ₩1050.90 | ₩1865.00 | x |
| 2019-12-31 | ₩990.68 | ₩1865.00 | x |
| 2020-12-31 | ₩783.04 | ₩1865.00 | x |
| 2021-12-31 | ₩577.33 | ₩1865.00 | x |
| 2022-12-31 | ₩6850.80 | ₩1865.00 | x |
| 2023-12-31 | ₩430.68 | ₩1865.00 | x |
| 2024-12-31 | ₩4835.07 | ₩1865.00 | x |
| 2025-12-31 | ₩4589.49 | ₩1865.00 | 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): -3.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.98%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 4.15x
- Recent ROE (-3.53%) is above the historical average (-12.48%), 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 |
| 2025 | -3.53% | -0.98% | 0.87x | 4.15x | ₩-9.43 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: $222,519,461,020
- Average return on equity (ROE) among peers: 7.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Playgram Co. Ltd (009810) | ₩194.08 Billion | 10.95% | 0.57x | $19.20 Million |
| Gs Global (001250) | $251.71 Billion | 2.86% | 2.40x | $145.63 Million |
| Sam Yung Tradi (002810) | $84.35 Billion | 5.67% | 0.31x | $255.05 Million |
| Hae In (003010) | $127.63 Billion | 11.15% | 0.96x | $59.96 Million |
| Hyundai Corp (011760) | $580.64 Billion | 14.41% | 2.55x | $218.14 Million |
| Duckshin Housing Co. Ltd (090410) | $68.26 Billion | 1.66% | 0.44x | $22.05 Million |
About Playgram Co. Ltd
MDSsphere Co., Ltd. engages in the maintenance, repair, and operations; and video content businesses in South Korea and internationally. The company provides Hellolive, an online live platform that connects K-pop stars with fans around the world by providing online concerts and 1 on 1 video fan meetings. It also engages in the planning, production, and distribution of movies, dramas, broadcast pr… Read more