Seoul Broadcasting System Net Assets
Seoul Broadcasting System net assets. Based on the latest financial reports, Seoul Broadcasting System (034120) has net assets worth ₩931.22 Billion KRW (≈ $631.07 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 (₩1.58 Trillion ≈ $1.07 Billion USD) and total liabilities (₩648.38 Billion ≈ $439.40 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. Also explore net asset momentum of Seoul Broadcasting System to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩931.22 Billion |
| % of Total Assets | 58.95% |
| Annual Growth Rate | 5.22% |
| 5-Year Change | 79.91% |
| 10-Year Change | 140.06% |
| Growth Volatility | 14.66 |
Net Assets of Seoul Broadcasting System (2001–2025)
Net assets of Seoul Broadcasting System from 2001 to 2025. This chart illustrates how Seoul Broadcasting System's net assets have evolved over time, based on quarterly financial data. See how leveraged is Seoul Broadcasting System's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Seoul Broadcasting System (2001–2025)
The table below shows the annual net assets of Seoul Broadcasting System from 2001 to 2025. For live market cap and overall valuation, see market value of Seoul Broadcasting System.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩1.30 Trillion ≈ $879.77 Million |
+43.22% |
| 2024-12-31 | ₩906.43 Billion ≈ $614.28 Million |
+2.87% |
| 2023-12-31 | ₩881.12 Billion ≈ $597.12 Million |
+0.90% |
| 2022-12-31 | ₩873.28 Billion ≈ $591.81 Million |
+21.02% |
| 2021-12-31 | ₩721.60 Billion ≈ $489.02 Million |
+27.27% |
| 2020-12-31 | ₩566.97 Billion ≈ $384.23 Million |
-12.39% |
| 2019-12-31 | ₩647.12 Billion ≈ $438.54 Million |
+13.83% |
| 2018-12-31 | ₩568.48 Billion ≈ $385.25 Million |
+0.98% |
| 2017-12-31 | ₩562.99 Billion ≈ $381.53 Million |
+4.11% |
| 2016-12-31 | ₩540.77 Billion ≈ $366.48 Million |
-4.83% |
| 2015-12-31 | ₩568.23 Billion ≈ $385.08 Million |
+5.17% |
| 2014-12-31 | ₩540.28 Billion ≈ $366.14 Million |
-5.21% |
| 2013-12-31 | ₩569.96 Billion ≈ $386.25 Million |
+1.51% |
| 2012-12-31 | ₩561.49 Billion ≈ $380.51 Million |
+2.31% |
| 2011-12-31 | ₩548.80 Billion ≈ $371.91 Million |
+12.69% |
| 2010-12-31 | ₩486.99 Billion ≈ $330.02 Million |
-0.79% |
| 2009-12-31 | ₩490.87 Billion ≈ $332.66 Million |
+5.53% |
| 2008-12-31 | ₩465.15 Billion ≈ $315.23 Million |
-35.70% |
| 2007-12-31 | ₩723.45 Billion ≈ $490.27 Million |
+6.41% |
| 2006-12-31 | ₩679.85 Billion ≈ $460.72 Million |
+12.96% |
| 2005-12-31 | ₩601.82 Billion ≈ $407.85 Million |
+5.69% |
| 2004-12-31 | ₩569.44 Billion ≈ $385.90 Million |
+1.82% |
| 2003-12-31 | ₩559.27 Billion ≈ $379.01 Million |
+23.41% |
| 2002-12-31 | ₩453.19 Billion ≈ $307.12 Million |
+18.34% |
| 2001-12-31 | ₩382.95 Billion ≈ $259.52 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Seoul Broadcasting System'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 289.7% over the analyzed period, indicating profitable operations and earnings retention.
Seoul Broadcasting System Net Assets Breakdown (December 2025)
Seoul Broadcasting System net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩704.49 Billion | 54.35% |
| Other Components | ₩591.61 Billion | 45.65% |
| Total Equity | ₩1.30 Trillion | 100.00% |
Seoul Broadcasting System Competitors by Market Cap
The table below lists competitors of Seoul Broadcasting System ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daol Investment & Securities
KO:030210
|
$138.68 Million |
|
Legacy Education Inc.
NYSE MKT:LGCY
|
$138.74 Million |
|
Wellcall Holdings Bhd
KLSE:7231
|
$138.77 Million |
|
CSG Holding Co Ltd
SHE:200012
|
$138.78 Million |
|
Bank Woori Saudara Indonesia 1906
JK:SDRA
|
$138.61 Million |
|
Winsome Yarns Limited
NSE:WINSOME
|
$138.59 Million |
|
Smith-Midland Corp
NASDAQ:SMID
|
$138.55 Million |
|
Masterflex SE
F:MZX
|
$138.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seoul Broadcasting System's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 904,219,727,030 to 1,296,102,526,040, a change of 391,882,799,010 (43.3%).
- Net income of 8,029,795,710 contributed positively to equity growth.
- Other factors increased equity by 383,853,003,300.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩8.03 Billion | +0.62% |
| Other Changes | ₩383.85 Billion | +29.62% |
| Total Change | ₩- | 43.34% |
Book Value vs Market Value Analysis
This analysis compares Seoul Broadcasting System'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: 0.16x
- 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 0.35x to 0.16x 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 | ₩31395.45 | ₩11030.00 | x |
| 2018-12-31 | ₩31653.78 | ₩11030.00 | x |
| 2019-12-31 | ₩32809.73 | ₩11030.00 | x |
| 2020-12-31 | ₩28904.54 | ₩11030.00 | x |
| 2021-12-31 | ₩37150.06 | ₩11030.00 | x |
| 2022-12-31 | ₩46405.22 | ₩11030.00 | x |
| 2023-12-31 | ₩47374.64 | ₩11030.00 | x |
| 2024-12-31 | ₩48749.22 | ₩11030.00 | x |
| 2025-12-31 | ₩69876.81 | ₩11030.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seoul Broadcasting System 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): 0.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.80%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.58x
- Recent ROE (0.62%) is below the historical average (6.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 13.46% | 9.34% | 0.94x | 1.53x | ₩13.12 Billion |
| 2002 | 22.52% | 13.98% | 1.10x | 1.46x | ₩55.43 Billion |
| 2003 | 16.02% | 12.47% | 0.97x | 1.32x | ₩32.15 Billion |
| 2004 | 6.74% | 5.19% | 0.96x | 1.35x | ₩-17.45 Billion |
| 2005 | 6.82% | 5.17% | 0.98x | 1.35x | ₩-17.96 Billion |
| 2006 | 8.87% | 6.50% | 0.95x | 1.44x | ₩-7.02 Billion |
| 2007 | 7.58% | 5.77% | 0.95x | 1.38x | ₩-15.77 Billion |
| 2008 | 1.72% | 1.17% | 1.14x | 1.29x | ₩-37.14 Billion |
| 2009 | 5.03% | 4.13% | 0.84x | 1.46x | ₩-23.47 Billion |
| 2010 | 0.80% | 0.53% | 1.06x | 1.43x | ₩-42.93 Billion |
| 2011 | 11.12% | 7.94% | 0.86x | 1.62x | ₩5.94 Billion |
| 2012 | 5.05% | 3.53% | 0.94x | 1.52x | ₩-26.99 Billion |
| 2013 | 4.39% | 3.36% | 0.90x | 1.44x | ₩-31.25 Billion |
| 2014 | -1.25% | -0.82% | 1.03x | 1.48x | ₩-60.79 Billion |
| 2015 | 6.14% | 4.40% | 0.85x | 1.64x | ₩-21.94 Billion |
| 2016 | -0.10% | -0.06% | 0.93x | 1.65x | ₩-54.59 Billion |
| 2017 | 2.71% | 1.94% | 0.71x | 1.97x | ₩-40.50 Billion |
| 2018 | 0.87% | 0.53% | 0.95x | 1.71x | ₩-51.13 Billion |
| 2019 | 3.39% | 2.41% | 0.66x | 2.15x | ₩-38.34 Billion |
| 2020 | -13.16% | -7.82% | 0.74x | 2.29x | ₩-118.40 Billion |
| 2021 | 20.71% | 12.61% | 0.74x | 2.22x | ₩70.36 Billion |
| 2022 | 18.58% | 13.00% | 0.83x | 1.72x | ₩70.44 Billion |
| 2023 | 5.27% | 4.65% | 0.74x | 1.53x | ₩-41.57 Billion |
| 2024 | 3.74% | 3.23% | 0.69x | 1.67x | ₩-56.58 Billion |
| 2025 | 0.62% | 0.80% | 0.49x | 1.58x | ₩-121.58 Billion |
Industry Comparison
This section compares Seoul Broadcasting System's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $389,562,268,959
- Average return on equity (ROE) among peers: -25.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seoul Broadcasting System (034120) | ₩931.22 Billion | 13.46% | 0.70x | $138.65 Million |
| The Century Co., Ltd. (002420) | $23.68 Billion | 0.40% | 0.82x | $104.45 Million |
| IHQ Inc (003560) | $108.61 Billion | 33.12% | 0.40x | $39.98 Million |
| KIWI Media Group Co.Ltd (012170) | $19.94 Billion | -28.39% | 0.37x | $43.03 Million |
| Barunson Co. Ltd (018700) | $8.26 Billion | -238.84% | 2.23x | $26.83 Million |
| Fantagio Corp (032800) | $17.23 Billion | -7.68% | 0.47x | $41.37 Million |
| Taegu Broadcasting Corporation (033830) | $97.49 Billion | 3.70% | 0.05x | $106.73 Million |
| CJ ENM CO. Ltd (035760) | $2.76 Trillion | 5.89% | 1.44x | $650.19 Million |
| JYP Entertainment Corporation (035900) | $46.70 Billion | 0.00% | 0.48x | $927.34 Million |
| Jcontentree Corp (036420) | $420.93 Billion | 4.38% | 0.95x | $20.97 Million |
About Seoul Broadcasting System
Seoul Broadcasting System engages in the broadcasting, cultural service, and advertising businesses in South Korea and internationally. It provides terrestrial TV and radio advertisements, as well as program sales services. The company was founded in 1990 and is headquartered in Seoul, South Korea.