Yg Plus Inc
YG Plus, Inc. produces and distributes music, MD, and other content. It operates NAVER music platform; VIBE, a platform that conducts music production and investment distribution business; and MIXTAPE, a next-generation digital music distribution platform. The company also provides intellectual property solutions, which includes official music and merchandise store under the YG SELECT name, and o… Read more
Yg Plus Inc (037270) - Net Assets
Latest net assets as of September 2025: ₩192.57 Billion KRW
Based on the latest financial reports, Yg Plus Inc (037270) has net assets worth ₩192.57 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩296.21 Billion) and total liabilities (₩103.63 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩192.57 Billion |
| % of Total Assets | 65.01% |
| Annual Growth Rate | 12.95% |
| 5-Year Change | 62.5% |
| 10-Year Change | 62.66% |
| Growth Volatility | 68.97 |
Yg Plus Inc - Net Assets Trend (2011–2024)
This chart illustrates how Yg Plus Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Yg Plus Inc (2011–2024)
The table below shows the annual net assets of Yg Plus Inc from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩169.25 Billion | +1.41% |
| 2023-12-31 | ₩166.90 Billion | +4.69% |
| 2022-12-31 | ₩159.43 Billion | +9.41% |
| 2021-12-31 | ₩145.72 Billion | +39.91% |
| 2020-12-31 | ₩104.15 Billion | -6.82% |
| 2019-12-31 | ₩111.78 Billion | -3.23% |
| 2018-12-31 | ₩115.50 Billion | +1.23% |
| 2017-12-31 | ₩114.11 Billion | +6.36% |
| 2016-12-31 | ₩107.29 Billion | +3.11% |
| 2015-12-31 | ₩104.05 Billion | -0.93% |
| 2014-12-31 | ₩105.02 Billion | +258.22% |
| 2013-12-31 | ₩29.32 Billion | -8.93% |
| 2012-12-31 | ₩32.19 Billion | -7.33% |
| 2011-12-31 | ₩34.74 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yg Plus 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 3492230881000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩34.92 Billion | 21.22% |
| Other Components | ₩129.68 Billion | 78.78% |
| Total Equity | ₩164.60 Billion | 100.00% |
Yg Plus Inc Competitors by Market Cap
The table below lists competitors of Yg Plus Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GuangDong GenSho Logistics Co
SHG:603813
|
$152.27 Million |
|
De La Rue PLC
PINK:DELRF
|
$152.30 Million |
|
Guang Dong Sitong Group Co Ltd
SHG:603838
|
$152.31 Million |
|
3onedata Co. Ltd. A
SHG:688618
|
$152.32 Million |
|
LAUNCH TECH CO. H YC-01
F:LAN
|
$152.26 Million |
|
Smart Eye AB (publ)
PINK:SMTEF
|
$152.20 Million |
|
Net Holding AS
IS:NTHOL
|
$152.16 Million |
|
Valor Estate Limited
NSE:DBREALTY
|
$152.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yg Plus Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 162,632,438,290 to 164,603,398,450, a change of 1,970,960,160 (1.2%).
- Net income of 1,188,233,080 contributed positively to equity growth.
- Dividend payments of 433,361,570 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.19 Billion | +0.72% |
| Dividends Paid | ₩433.36 Million | -0.26% |
| Other Changes | ₩1.22 Billion | +0.74% |
| Total Change | ₩- | 1.21% |
Book Value vs Market Value Analysis
This analysis compares Yg Plus 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: 2.41x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.80x to 2.41x 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 | ₩1646.52 | ₩6250.00 | x |
| 2018-12-31 | ₩1651.39 | ₩6250.00 | x |
| 2019-12-31 | ₩1584.43 | ₩6250.00 | x |
| 2020-12-31 | ₩1500.46 | ₩6250.00 | x |
| 2021-12-31 | ₩2124.52 | ₩6250.00 | x |
| 2022-12-31 | ₩2248.01 | ₩6250.00 | x |
| 2023-12-31 | ₩2563.99 | ₩6250.00 | x |
| 2024-12-31 | ₩2595.06 | ₩6250.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yg Plus 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): 0.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.64%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.44x
- Recent ROE (0.72%) is above the historical average (0.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 3.54% | 4.07% | 0.58x | 1.50x | ₩-2.20 Billion |
| 2013 | -11.11% | -13.17% | 0.57x | 1.49x | ₩-5.98 Billion |
| 2014 | -3.41% | -34.11% | 0.09x | 1.07x | ₩-13.73 Billion |
| 2015 | -3.48% | -12.27% | 0.25x | 1.13x | ₩-13.89 Billion |
| 2016 | -4.00% | -5.88% | 0.57x | 1.19x | ₩-14.46 Billion |
| 2017 | -8.51% | -11.25% | 0.53x | 1.42x | ₩-17.73 Billion |
| 2018 | -0.15% | -0.14% | 0.70x | 1.53x | ₩-9.75 Billion |
| 2019 | -3.55% | -2.63% | 0.79x | 1.70x | ₩-12.49 Billion |
| 2020 | -7.05% | -5.88% | 0.71x | 1.69x | ₩-15.22 Billion |
| 2021 | 16.27% | 14.21% | 0.69x | 1.66x | ₩8.45 Billion |
| 2022 | 8.16% | 8.30% | 0.58x | 1.69x | ₩-2.62 Billion |
| 2023 | 13.25% | 9.63% | 0.99x | 1.39x | ₩5.28 Billion |
| 2024 | 0.72% | 0.64% | 0.78x | 1.44x | ₩-15.27 Billion |
Industry Comparison
This section compares Yg Plus Inc's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $171,754,117,093
- Average return on equity (ROE) among peers: 12.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yg Plus Inc (037270) | ₩192.57 Billion | 3.54% | 0.54x | $152.26 Million |
| Oricom Inc (010470) | $82.87 Billion | 7.16% | 1.36x | $15.45 Million |
| Cheil Worldwide (030000) | $202.77 Billion | 16.75% | 1.71x | $972.25 Million |
| GIIR Inc (035000) | $105.30 Billion | 7.16% | 2.48x | $32.62 Million |
| Nasmedia Co. Ltd (089600) | $141.52 Billion | 14.57% | 1.52x | $36.32 Million |
| Macromill Embrain Co. Ltd (169330) | $30.59 Billion | 12.29% | 0.38x | $7.38 Million |
| Innocean Worldwide Inc (214320) | $741.85 Billion | 10.36% | 1.35x | $334.61 Million |
| Incross Co. Ltd (216050) | $120.02 Billion | 8.11% | 1.36x | $35.33 Million |
| Echomarketing Co.Ltd (230360) | $86.71 Billion | 17.72% | 0.35x | $25.16 Million |
| PlayD Co. Ltd (237820) | $34.16 Billion | 17.68% | 1.63x | $39.51 Million |