Visang Educati (100220) - Net Assets
Based on the latest financial reports, Visang Educati (100220) has net assets worth ₩176.89 Billion KRW (≈ $119.88 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 (₩360.50 Billion ≈ $244.30 Million USD) and total liabilities (₩183.60 Billion ≈ $124.42 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 financial resilience of Visang Educati to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩176.89 Billion |
| % of Total Assets | 49.07% |
| Annual Growth Rate | 2.79% |
| 5-Year Change | -9.31% |
| 10-Year Change | 3.2% |
| Growth Volatility | 6.85 |
Visang Educati - Net Assets Trend (2011–2024)
This chart illustrates how Visang Educati's net assets have evolved over time, based on quarterly financial data. Also explore Visang Educati assets under control for the complete picture of this company's asset base.
Annual Net Assets for Visang Educati (2011–2024)
The table below shows the annual net assets of Visang Educati from 2011 to 2024. For live valuation and market cap data, see market value of Visang Educati.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩177.70 Billion ≈ $120.42 Million |
-1.93% |
| 2023-12-31 | ₩181.19 Billion ≈ $122.79 Million |
-8.12% |
| 2022-12-31 | ₩197.21 Billion ≈ $133.65 Million |
-1.36% |
| 2021-12-31 | ₩199.94 Billion ≈ $135.49 Million |
+2.04% |
| 2020-12-31 | ₩195.94 Billion ≈ $132.79 Million |
-8.61% |
| 2019-12-31 | ₩214.41 Billion ≈ $145.30 Million |
+3.65% |
| 2018-12-31 | ₩206.86 Billion ≈ $140.19 Million |
-1.07% |
| 2017-12-31 | ₩209.10 Billion ≈ $141.71 Million |
+7.34% |
| 2016-12-31 | ₩194.81 Billion ≈ $132.02 Million |
+13.13% |
| 2015-12-31 | ₩172.19 Billion ≈ $116.69 Million |
+10.53% |
| 2014-12-31 | ₩155.80 Billion ≈ $105.58 Million |
+2.92% |
| 2013-12-31 | ₩151.37 Billion ≈ $102.58 Million |
+9.23% |
| 2012-12-31 | ₩138.58 Billion ≈ $93.92 Million |
+11.57% |
| 2011-12-31 | ₩124.22 Billion ≈ $84.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Visang Educati'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 13072353590000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩130.72 Billion | 73.56% |
| Other Components | ₩46.98 Billion | 26.44% |
| Total Equity | ₩177.70 Billion | 100.00% |
Visang Educati Competitors by Market Cap
The table below lists competitors of Visang Educati ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yonyu Plastics Co Ltd
TW:1323
|
$58.38 Million |
|
OneConstruction Group Limited Ordinary Shares
NASDAQ:ONEG
|
$58.40 Million |
|
Schwälbchen Molkerei Jakob Berz AG
F:SMB
|
$58.43 Million |
|
Anson Resources Ltd
AU:ASN
|
$58.44 Million |
|
Airgain Inc
NASDAQ:AIRG
|
$58.36 Million |
|
DocCheck AG
XETRA:AJ91
|
$58.35 Million |
|
Changhong Meiling Co Ltd B
SHE:200521
|
$58.26 Million |
|
Montebalito S.A.
MC:MTB
|
$58.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Visang Educati's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 181,188,705,230 to 177,698,972,210, a change of -3,489,733,020 (-1.9%).
- Net loss of 2,896,812,790 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-2.90 Billion | -1.63% |
| Other Changes | ₩-592.92 Million | -0.33% |
| Total Change | ₩- | -1.93% |
Book Value vs Market Value Analysis
This analysis compares Visang Educati'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: 0.48x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩17092.41 | ₩7030.00 | x |
| 2018-12-31 | ₩16894.66 | ₩7030.00 | x |
| 2019-12-31 | ₩17499.72 | ₩7030.00 | x |
| 2020-12-31 | ₩15990.66 | ₩7030.00 | x |
| 2021-12-31 | ₩16316.31 | ₩7030.00 | x |
| 2022-12-31 | ₩16096.79 | ₩7030.00 | x |
| 2023-12-31 | ₩14789.09 | ₩7030.00 | x |
| 2024-12-31 | ₩14504.24 | ₩7030.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Visang Educati 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): -1.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.18%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 2.18x
- Recent ROE (-1.63%) is below the historical average (4.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 10.53% | 9.38% | 0.78x | 1.45x | ₩662.99 Million |
| 2012 | 12.25% | 11.74% | 0.68x | 1.53x | ₩3.12 Billion |
| 2013 | 9.01% | 10.18% | 0.55x | 1.61x | ₩-1.50 Billion |
| 2014 | 7.01% | 8.00% | 0.56x | 1.57x | ₩-4.66 Billion |
| 2015 | 9.75% | 11.70% | 0.61x | 1.36x | ₩-425.25 Million |
| 2016 | 13.13% | 17.80% | 0.60x | 1.23x | ₩6.10 Billion |
| 2017 | 8.64% | 12.42% | 0.57x | 1.23x | ₩-2.84 Billion |
| 2018 | 1.18% | 1.51% | 0.64x | 1.23x | ₩-18.26 Billion |
| 2019 | 5.26% | 5.66% | 0.70x | 1.33x | ₩-10.16 Billion |
| 2020 | -7.58% | -8.61% | 0.65x | 1.34x | ₩-34.43 Billion |
| 2021 | 3.03% | 2.81% | 0.79x | 1.36x | ₩-13.94 Billion |
| 2022 | -0.52% | -0.40% | 0.82x | 1.57x | ₩-20.74 Billion |
| 2023 | -6.82% | -4.90% | 0.70x | 2.00x | ₩-30.48 Billion |
| 2024 | -1.63% | -1.18% | 0.63x | 2.18x | ₩-20.67 Billion |
Industry Comparison
This section compares Visang Educati's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $129,243,110,466
- Average return on equity (ROE) among peers: 6.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Visang Educati (100220) | ₩176.89 Billion | 10.53% | 1.04x | $58.37 Million |
| YeaRimDang Publishing Co. Ltd (036000) | $201.46 Billion | 4.47% | 0.13x | $50.03 Million |
| Samsung Publis (068290) | $223.40 Billion | 1.41% | 0.52x | $61.87 Million |
| Woongjin Thinkbig Co Ltd (095720) | $272.41 Billion | 16.44% | 1.03x | $88.12 Million |
| e-future.Co.Ltd (134060) | $21.66 Billion | 13.20% | 0.13x | $11.41 Million |
| Mr. Blue Corporation (207760) | $53.38 Billion | 22.95% | 0.32x | $57.23 Million |
| Mico BioMed Co. Ltd. (214610) | $52.26 Billion | -20.24% | 0.70x | $13.00 Million |
| D&C Media Co.Ltd (263720) | $80.14 Billion | 4.99% | 0.23x | $103.13 Million |
About Visang Educati
Visang Education Inc publishes elementary, middle, and high school textbooks in South Korea. It offers Wings, an interactive English program; englisheye, an English academy; ELiF and Wings, are an interactive English learning platforms; Math Alive, a digital math learning program; AllviA, a conversation type classroom; Oxford Discover Futures, an interactive English learning program based on Oxfo… Read more