E-World
E-World Co.,Ltd. operates a theme park in South Korea. The company operates giftshops and food and beverages facilities. It also engages in event related business. The company was formerly known as Woobangland Co., Ltd. and changed its name to E-World Co.,Ltd. in 2011. E-World Co.,Ltd. was founded in 1995 and is based in Daegu, South Korea. The company is a subsidiary of Eland Park Limited.
E-World (084680) - Net Assets
Latest net assets as of September 2025: ₩226.02 Billion KRW
Based on the latest financial reports, E-World (084680) has net assets worth ₩226.02 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 (₩417.97 Billion) and total liabilities (₩191.95 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 | ₩226.02 Billion |
| % of Total Assets | 54.08% |
| Annual Growth Rate | 6.04% |
| 5-Year Change | -35.39% |
| 10-Year Change | 252.21% |
| Growth Volatility | 138.39 |
E-World - Net Assets Trend (2007–2024)
This chart illustrates how E-World's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for E-World (2007–2024)
The table below shows the annual net assets of E-World from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩234.29 Billion | -0.42% |
| 2023-12-31 | ₩235.28 Billion | -4.49% |
| 2022-12-31 | ₩246.35 Billion | +3.14% |
| 2021-12-31 | ₩238.85 Billion | -34.13% |
| 2020-12-31 | ₩362.62 Billion | -6.31% |
| 2019-12-31 | ₩387.04 Billion | +136.01% |
| 2018-12-31 | ₩163.99 Billion | +24.50% |
| 2017-12-31 | ₩131.72 Billion | +2.87% |
| 2016-12-31 | ₩128.04 Billion | +92.49% |
| 2013-12-31 | ₩66.52 Billion | -10.91% |
| 2012-12-31 | ₩74.67 Billion | -26.26% |
| 2011-12-31 | ₩101.26 Billion | +16.98% |
| 2010-12-31 | ₩86.56 Billion | +508.38% |
| 2008-12-31 | ₩14.23 Billion | -83.54% |
| 2007-12-31 | ₩86.44 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to E-World'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 11231761170000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩346.61 Billion | 147.94% |
| Total Equity | ₩234.29 Billion | 100.00% |
E-World Competitors by Market Cap
The table below lists competitors of E-World ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Birchtech Corp.
OTCQB:BCHT
|
$35.09 Million |
|
Mnc Kapital Indonesia Tbk
JK:BCAP
|
$35.12 Million |
|
Urban View Development Spain SOCIMI S.A.
MC:YUVS
|
$35.14 Million |
|
Poh Kong Holdings Bhd
KLSE:5080
|
$35.15 Million |
|
SKM Egg Products Export (India) Limited
NSE:SKMEGGPROD
|
$35.07 Million |
|
Bragg Gaming Group Inc
NASDAQ:BRAG
|
$35.06 Million |
|
Sinkang Industries Co Ltd
TW:2032
|
$35.06 Million |
|
Hancock & Gore Ltd
AU:HNG
|
$35.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in E-World's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 235,283,236,250 to 234,290,040,040, a change of -993,196,210 (-0.4%).
- Net loss of 20,603,307,210 reduced equity.
- New share issuances of 631,705,510 increased equity.
- Other factors increased equity by 18,978,405,490.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-20.60 Billion | -8.79% |
| Share Issuances | ₩631.71 Million | +0.27% |
| Other Changes | ₩18.98 Billion | +8.1% |
| Total Change | ₩- | -0.42% |
Book Value vs Market Value Analysis
This analysis compares E-World'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: 0.99x
- 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 1.12x to 0.99x 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 | ₩1455.37 | ₩1632.00 | x |
| 2018-12-31 | ₩1811.96 | ₩1632.00 | x |
| 2019-12-31 | ₩4293.08 | ₩1632.00 | x |
| 2020-12-31 | ₩3528.02 | ₩1632.00 | x |
| 2021-12-31 | ₩1688.58 | ₩1632.00 | x |
| 2022-12-31 | ₩1741.62 | ₩1632.00 | x |
| 2023-12-31 | ₩1663.36 | ₩1632.00 | x |
| 2024-12-31 | ₩1652.25 | ₩1632.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently E-World 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): -8.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.00%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.82x
- Recent ROE (-8.79%) is below the historical average (-4.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -10.33% | -56.16% | 0.09x | 2.01x | ₩-17.60 Billion |
| 2011 | -6.38% | -38.24% | 0.09x | 1.80x | ₩-16.59 Billion |
| 2012 | -19.58% | -58.89% | 0.14x | 2.46x | ₩-25.01 Billion |
| 2013 | -18.51% | -48.09% | 0.15x | 2.56x | ₩-22.75 Billion |
| 2016 | 1.62% | 7.00% | 0.13x | 1.72x | ₩-10.73 Billion |
| 2017 | 2.85% | 10.73% | 0.15x | 1.77x | ₩-9.41 Billion |
| 2018 | 5.67% | 27.68% | 0.13x | 1.61x | ₩-7.11 Billion |
| 2019 | 3.32% | 7.02% | 0.38x | 1.24x | ₩-25.84 Billion |
| 2020 | -4.25% | -11.72% | 0.29x | 1.24x | ₩-51.68 Billion |
| 2021 | -5.78% | -10.98% | 0.29x | 1.81x | ₩-37.70 Billion |
| 2022 | 2.29% | 4.45% | 0.29x | 1.75x | ₩-19.00 Billion |
| 2023 | -4.01% | -8.19% | 0.27x | 1.79x | ₩-32.97 Billion |
| 2024 | -8.79% | -19.00% | 0.25x | 1.82x | ₩-44.03 Billion |
Industry Comparison
This section compares E-World's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $304,926,847,804
- Average return on equity (ROE) among peers: 3.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| E-World (084680) | ₩226.02 Billion | -10.33% | 0.85x | $35.08 Million |
| Samchuly Bicycle Co. Ltd (024950) | $99.01 Billion | 4.40% | 0.24x | $19.59 Million |
| Fila Holdings Corp (081660) | $1.80 Trillion | 14.81% | 1.09x | $1.16 Billion |
| Yellow Balloon Tour Co. Ltd (104620) | $43.48 Billion | -23.44% | 1.02x | $28.84 Million |
| 111380 (111380) | $51.61 Billion | 54.89% | 2.85x | $15.54 Million |
| Namhwa Industrial Co. Ltd (111710) | $117.68 Billion | 7.26% | 0.11x | $8.28 Million |
| Alton Sports Co.Ltd (123750) | $20.07 Billion | -31.62% | 0.53x | $10.75 Million |
| Heng Sheng Holding Group Limited (900270) | $1.69 Billion | 0.20% | 0.19x | $9.56 Million |