Taegu Broadcasting Corporation (033830) - Net Assets

Latest as of September 2025: ₩130.05 Billion KRW ≈ $88.13 Million USD

Based on the latest financial reports, Taegu Broadcasting Corporation (033830) has net assets worth ₩130.05 Billion KRW (≈ $88.13 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 (₩136.40 Billion ≈ $92.43 Million USD) and total liabilities (₩6.35 Billion ≈ $4.30 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 Taegu Broadcasting Corporation to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩130.05 Billion
% of Total Assets	95.35%
Annual Growth Rate	2.6%
5-Year Change	12.94%
10-Year Change	27.04%
Growth Volatility	0.95

Taegu Broadcasting Corporation - Net Assets Trend (2011–2024)

This chart illustrates how Taegu Broadcasting Corporation's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Taegu Broadcasting Corporation for the complete picture of this company's asset base.

Annual Net Assets for Taegu Broadcasting Corporation (2011–2024)

The table below shows the annual net assets of Taegu Broadcasting Corporation from 2011 to 2024. For live valuation and market cap data, see Taegu Broadcasting Corporation stock valuation.

Year	Net Assets	Change
2024-12-31	₩127.98 Billion ≈ $86.73 Million	+1.28%
2023-12-31	₩126.36 Billion ≈ $85.63 Million	+3.92%
2022-12-31	₩121.59 Billion ≈ $82.40 Million	+3.75%
2021-12-31	₩117.20 Billion ≈ $79.42 Million	+3.43%
2020-12-31	₩113.31 Billion ≈ $76.79 Million	+2.40%
2019-12-31	₩110.66 Billion ≈ $74.99 Million	+3.84%
2018-12-31	₩106.57 Billion ≈ $72.22 Million	+2.16%
2017-12-31	₩104.31 Billion ≈ $70.69 Million	+2.35%
2016-12-31	₩101.92 Billion ≈ $69.07 Million	+1.17%
2015-12-31	₩100.73 Billion ≈ $68.27 Million	+1.51%
2014-12-31	₩99.23 Billion ≈ $67.25 Million	+1.79%
2013-12-31	₩97.49 Billion ≈ $66.07 Million	+3.19%
2012-12-31	₩94.48 Billion ≈ $64.02 Million	+3.13%
2011-12-31	₩91.61 Billion ≈ $62.08 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Taegu Broadcasting Corporation'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 7897439864000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩78.97 Billion	61.71%
Common Stock	₩50.00 Billion	39.07%
Total Equity	₩127.98 Billion	100.00%

Taegu Broadcasting Corporation Competitors by Market Cap

The table below lists competitors of Taegu Broadcasting Corporation ranked by their market capitalization.

Company	Market Cap
Avision Inc TW:2380	$38.38 Million
OKYO PHARMA LTD SP.ADR/65 F:OK10	$38.38 Million
Supercom Ltd NASDAQ:SPCB	$38.40 Million
Ihuman Inc NYSE:IH	$38.41 Million
Microtips Technology TWO:3285	$38.37 Million
United Recommend International Co Ltd TWO:5321	$38.37 Million
Shinwha Intertek Corp KQ:056700	$38.36 Million
Rossmax International Ltd TWO:4121	$38.32 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Taegu Broadcasting Corporation's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 126,363,358,470 to 127,976,372,290, a change of 1,613,013,820 (1.3%).
Net income of 3,802,312,250 contributed positively to equity growth.
Dividend payments of 1,701,641,700 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩3.80 Billion	+2.97%
Dividends Paid	₩1.70 Billion	-1.33%
Other Changes	₩-487.66 Million	-0.38%
Total Change	₩-	1.28%

Book Value vs Market Value Analysis

This analysis compares Taegu Broadcasting Corporation'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: 0.44x
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 0.56x to 0.44x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	₩1077.71	₩599.00	x
2017-12-31	₩1103.39	₩599.00	x
2018-12-31	₩1127.28	₩599.00	x
2019-12-31	₩1170.57	₩599.00	x
2020-12-31	₩1198.64	₩599.00	x
2021-12-31	₩1239.74	₩599.00	x
2022-12-31	₩1286.20	₩599.00	x
2023-12-31	₩1336.67	₩599.00	x
2024-12-31	₩1353.74	₩599.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Taegu Broadcasting Corporation 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): 2.97%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.44%
• Asset Turnover: 0.30x
• Equity Multiplier: 1.06x
Recent ROE (2.97%) is below the historical average (3.82%), 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	5.36%	13.06%	0.38x	1.09x	₩-4.25 Billion
2012	4.53%	11.58%	0.37x	1.06x	₩-5.17 Billion
2013	3.70%	10.76%	0.33x	1.05x	₩-6.15 Billion
2014	3.34%	9.42%	0.34x	1.05x	₩-6.61 Billion
2015	3.61%	8.83%	0.38x	1.07x	₩-6.44 Billion
2016	2.60%	6.83%	0.35x	1.08x	₩-7.54 Billion
2017	2.94%	7.27%	0.37x	1.10x	₩-7.36 Billion
2018	3.17%	8.33%	0.35x	1.10x	₩-7.27 Billion
2019	5.03%	11.30%	0.40x	1.10x	₩-5.50 Billion
2020	3.33%	10.68%	0.30x	1.06x	₩-7.56 Billion
2021	3.95%	10.80%	0.34x	1.08x	₩-7.09 Billion
2022	4.05%	11.60%	0.33x	1.06x	₩-7.23 Billion
2023	4.90%	14.24%	0.32x	1.06x	₩-6.44 Billion
2024	2.97%	9.44%	0.30x	1.06x	₩-9.00 Billion

Industry Comparison

This section compares Taegu Broadcasting Corporation's net assets metrics with peer companies in the Entertainment industry.

Industry Context

Industry: Entertainment
Average net assets among peers: $746,951,434,517
Average return on equity (ROE) among peers: -7.24%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Taegu Broadcasting Corporation (033830)	₩130.05 Billion	5.36%	0.05x	$38.38 Million
IHQ Inc (003560)	$227.72 Billion	1.10%	0.12x	$39.98 Million
KIWI Media Group Co.Ltd (012170)	$45.19 Billion	-14.57%	0.51x	$17.62 Million
Barunson Co. Ltd (018700)	$48.96 Billion	-26.97%	0.12x	$13.09 Million
Fantagio Corp (032800)	$47.53 Billion	-18.24%	0.19x	$10.59 Million
Seoul Broadcasting System (034120)	$601.82 Billion	6.41%	0.27x	$199.86 Million
CJ ENM CO. Ltd (035760)	$4.18 Trillion	-7.56%	1.38x	$760.56 Million
JYP Entertainment Corporation (035900)	$46.70 Billion	0.00%	0.48x	$1.41 Billion
Jcontentree Corp (036420)	$697.79 Billion	-7.53%	2.22x	$78.33 Million
SM Entertainment Co. Ltd (041510)	$829.08 Billion	2.21%	0.71x	$1.50 Billion

About Taegu Broadcasting Corporation

KQ:033830 Korea Entertainment

Market Cap

$38.38 Million

₩56.63 Billion KRW

Market Cap Rank

#22830 Global

#1577 in Korea

Share Price

₩599.00

Change (1 day)

+0.50%

52-Week Range

₩548.00 - ₩768.00

All Time High

₩2837.90