SM Culture & Contents Co. Ltd (048550) - Net Assets
Based on the latest financial reports, SM Culture & Contents Co. Ltd (048550) has net assets worth ₩80.87 Billion KRW (≈ $54.80 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 (₩215.70 Billion ≈ $146.18 Million USD) and total liabilities (₩134.83 Billion ≈ $91.37 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 asset resilience ratio of SM Culture & Contents Co. Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩80.87 Billion |
| % of Total Assets | 37.49% |
| Annual Growth Rate | 16.47% |
| 5-Year Change | -19.33% |
| 10-Year Change | 54.14% |
| Growth Volatility | 45.43 |
SM Culture & Contents Co. Ltd - Net Assets Trend (2008–2024)
This chart illustrates how SM Culture & Contents Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore SM Culture & Contents Co. Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for SM Culture & Contents Co. Ltd (2008–2024)
The table below shows the annual net assets of SM Culture & Contents Co. Ltd from 2008 to 2024. For live valuation and market cap data, see market cap of SM Culture & Contents Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩83.34 Billion ≈ $56.48 Million |
-15.12% |
| 2023-12-31 | ₩98.19 Billion ≈ $66.54 Million |
-7.16% |
| 2022-12-31 | ₩105.77 Billion ≈ $71.68 Million |
+6.42% |
| 2021-12-31 | ₩99.39 Billion ≈ $67.35 Million |
-3.79% |
| 2020-12-31 | ₩103.31 Billion ≈ $70.01 Million |
-11.21% |
| 2019-12-31 | ₩116.35 Billion ≈ $78.85 Million |
+3.43% |
| 2018-12-31 | ₩112.50 Billion ≈ $76.24 Million |
-2.13% |
| 2017-12-31 | ₩114.95 Billion ≈ $77.90 Million |
+109.47% |
| 2016-12-31 | ₩54.87 Billion ≈ $37.19 Million |
+1.49% |
| 2015-12-31 | ₩54.07 Billion ≈ $36.64 Million |
-2.49% |
| 2014-12-31 | ₩55.45 Billion ≈ $37.58 Million |
+7.27% |
| 2013-12-31 | ₩51.69 Billion ≈ $35.03 Million |
+38.69% |
| 2012-12-31 | ₩37.27 Billion ≈ $25.26 Million |
+106.91% |
| 2011-12-31 | ₩18.01 Billion ≈ $12.21 Million |
+13.21% |
| 2010-12-31 | ₩15.91 Billion ≈ $10.78 Million |
+119.00% |
| 2008-12-31 | ₩7.27 Billion ≈ $4.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SM Culture & Contents Co. Ltd'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 8126672831000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩163.92 Billion | 198.32% |
| Total Equity | ₩82.66 Billion | 100.00% |
SM Culture & Contents Co. Ltd Competitors by Market Cap
The table below lists competitors of SM Culture & Contents Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
G.I. Tech Co. Ltd.
KQ:382480
|
$71.62 Million |
|
Kawan Food Bhd
KLSE:7216
|
$71.62 Million |
|
Hun Yenilenebilir Enerji Uretim AS
IS:HUNER
|
$71.67 Million |
|
Hexagon Purus As
OL:HPUR
|
$71.69 Million |
|
Scorpio Gold Corp
V:SGN
|
$71.56 Million |
|
Minna Padi Investama Tbk
JK:PADI
|
$71.56 Million |
|
SHEPHERD NEAME P. CONS.
F:43Y
|
$71.51 Million |
|
Western Bulk Chartering AS
OL:WEST
|
$71.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SM Culture & Contents Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 97,463,317,770 to 82,656,802,830, a change of -14,806,514,940 (-15.2%).
- Net loss of 14,147,221,260 reduced equity.
- Share repurchases of 13,423,000 reduced equity.
- New share issuances of 13,423,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-14.15 Billion | -17.12% |
| Share Repurchases | ₩13.42 Million | -0.02% |
| Share Issuances | ₩13.42 Million | +0.02% |
| Other Changes | ₩-659.29 Million | -0.8% |
| Total Change | ₩- | -15.19% |
Book Value vs Market Value Analysis
This analysis compares SM Culture & Contents Co. Ltd'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: 1.32x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩805.66 | ₩1140.00 | x |
| 2017-12-31 | ₩1233.98 | ₩1140.00 | x |
| 2018-12-31 | ₩1207.42 | ₩1140.00 | x |
| 2019-12-31 | ₩1248.82 | ₩1140.00 | x |
| 2020-12-31 | ₩1102.29 | ₩1140.00 | x |
| 2021-12-31 | ₩1048.65 | ₩1140.00 | x |
| 2022-12-31 | ₩1114.69 | ₩1140.00 | x |
| 2023-12-31 | ₩1015.61 | ₩1140.00 | x |
| 2024-12-31 | ₩861.25 | ₩1140.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SM Culture & Contents Co. Ltd 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): -17.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.87%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.82x
- Recent ROE (-17.12%) is below the historical average (-5.03%), 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 | 11.85% | 9.79% | 0.63x | 1.92x | ₩285.21 Million |
| 2011 | 2.70% | 2.93% | 0.57x | 1.62x | ₩-1.29 Billion |
| 2014 | -15.21% | -13.44% | 0.74x | 1.53x | ₩-13.96 Billion |
| 2015 | -8.54% | -6.12% | 0.88x | 1.59x | ₩-10.03 Billion |
| 2016 | -0.87% | -0.50% | 1.17x | 1.48x | ₩-5.96 Billion |
| 2017 | -12.22% | -15.86% | 0.29x | 2.62x | ₩-25.54 Billion |
| 2018 | -1.60% | -0.91% | 0.63x | 2.80x | ₩-13.05 Billion |
| 2019 | 3.19% | 2.23% | 0.48x | 3.01x | ₩-7.93 Billion |
| 2020 | -13.74% | -10.87% | 0.43x | 2.92x | ₩-24.53 Billion |
| 2021 | -8.82% | -6.27% | 0.43x | 3.24x | ₩-18.70 Billion |
| 2022 | 5.07% | 3.40% | 0.47x | 3.15x | ₩-5.21 Billion |
| 2023 | -10.10% | -7.73% | 0.40x | 3.28x | ₩-19.59 Billion |
| 2024 | -17.12% | -12.87% | 0.47x | 2.82x | ₩-22.41 Billion |
Industry Comparison
This section compares SM Culture & Contents Co. Ltd's net assets metrics with peer companies in the Media & Publishing industry.
Industry Context
- Industry: Media & Publishing
- Average net assets among peers: $68,618,543,579
- Average return on equity (ROE) among peers: 2.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SM Culture & Contents Co. Ltd (048550) | ₩80.87 Billion | 11.85% | 1.67x | $71.57 Million |
| DIGITAL CHOSUN Inc (033130) | $56.72 Billion | 7.44% | 0.10x | $69.42 Million |
| Samhwa Networks Co. Ltd (046390) | $27.52 Billion | 0.00% | 0.15x | $27.09 Million |
| Neungyule Education Inc (053290) | $85.44 Billion | 5.32% | 0.32x | $18.58 Million |
| KEYEAST.Co.Ltd (054780) | $43.78 Billion | 0.00% | 0.42x | $158.74 Million |
| FNC ADD CULTURE. Co. Ltd (063440) | $52.27 Billion | 4.76% | 0.29x | $44.55 Million |
| Pan Entertainment Co. Ltd (068050) | $37.41 Billion | -18.77% | 0.78x | $14.99 Million |
| IokCompany Co. Ltd (078860) | $103.29 Billion | -8.42% | 0.52x | $109.44 Million |
| Showbox Corp (086980) | $122.42 Billion | 3.15% | 1.31x | $126.44 Million |
| eMnet Inc (123570) | $88.73 Billion | 29.05% | 0.52x | $30.49 Million |
About SM Culture & Contents Co. Ltd
SM Culture & Contents Co., Ltd. engages in the video content, actor, and MC management businesses in South Korea. It produces various dramas, and entertainment and documentary films. The company is also involved in the actors MC management business, including recruiting various artists in fields, such as performing arts, dramas, movies, musicals, etc. In addition, it offers advertising agency and… Read more