LONGTU KOREA Inc
STACO LINK Co., Ltd. develops and publishes mobile games. The company also develops IP business, webtoon, creator agency, and IT platform business; and engages in business, such as new concept building technology and materials. The company was formerly known as Longtu Korea Inc. and changed its name to STACO LINK Co., Ltd. in July 2024. STACO LINK Co., Ltd. was founded in 1993 and is based in Any… Read more
LONGTU KOREA Inc (060240) - Net Assets
Latest net assets as of December 2024: ₩6.52 Billion KRW
Based on the latest financial reports, LONGTU KOREA Inc (060240) has net assets worth ₩6.52 Billion KRW as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩25.14 Billion) and total liabilities (₩18.62 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 | ₩6.52 Billion |
| % of Total Assets | 25.94% |
| Annual Growth Rate | 4.69% |
| 5-Year Change | -91.51% |
| 10-Year Change | -78.93% |
| Growth Volatility | 89.28 |
LONGTU KOREA Inc - Net Assets Trend (2011–2024)
This chart illustrates how LONGTU KOREA 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 LONGTU KOREA Inc (2011–2024)
The table below shows the annual net assets of LONGTU KOREA Inc from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩6.52 Billion | -74.16% |
| 2023-12-31 | ₩25.22 Billion | -31.42% |
| 2022-12-31 | ₩36.78 Billion | -42.29% |
| 2021-12-31 | ₩63.74 Billion | -17.03% |
| 2020-12-31 | ₩76.82 Billion | +4.23% |
| 2019-12-31 | ₩73.70 Billion | +11.68% |
| 2018-12-31 | ₩66.00 Billion | +10.55% |
| 2017-12-31 | ₩59.70 Billion | +44.35% |
| 2016-12-31 | ₩41.36 Billion | +33.65% |
| 2015-12-31 | ₩30.94 Billion | +291.08% |
| 2014-12-31 | ₩7.91 Billion | +8.59% |
| 2013-12-31 | ₩7.29 Billion | -11.23% |
| 2012-12-31 | ₩8.21 Billion | +128.60% |
| 2011-12-31 | ₩3.59 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LONGTU KOREA 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 decreased by 103474.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩53.99 Billion | 828.16% |
| Total Equity | ₩6.52 Billion | 100.00% |
LONGTU KOREA Inc Competitors by Market Cap
The table below lists competitors of LONGTU KOREA Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quality Concrete Holdings Bhd
KLSE:7544
|
$3.03 Million |
|
Adcore Inc
OTCQX:ADCOF
|
$3.03 Million |
|
Tree House Education & Accessories Limited
NSE:TREEHOUSE
|
$3.03 Million |
|
Mesiniaga Bhd
KLSE:5011
|
$3.03 Million |
|
Royale Energy Inc
OTCQB:ROYL
|
$3.02 Million |
|
ChargePanel AB
ST:CHARGE
|
$3.02 Million |
|
SAFRAN (SEJ1.SG)
STU:SEJ1
|
$3.02 Million |
|
Euroespes S.A.
MC:EEP
|
$3.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LONGTU KOREA Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,224,568,180 to 6,519,271,400, a change of -18,705,296,780 (-74.2%).
- Net loss of 25,600,322,690 reduced equity.
- New share issuances of 9,943,323,020 increased equity.
- Other factors decreased equity by 3,048,297,110.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-25.60 Billion | -392.69% |
| Share Issuances | ₩9.94 Billion | +152.52% |
| Other Changes | ₩-3.05 Billion | -46.76% |
| Total Change | ₩- | -74.16% |
Book Value vs Market Value Analysis
This analysis compares LONGTU KOREA 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: 0.96x
- 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 |
|---|---|---|---|
| 2016-12-31 | ₩2203.29 | ₩1976.00 | x |
| 2017-12-31 | ₩2469.28 | ₩1976.00 | x |
| 2018-12-31 | ₩2729.89 | ₩1976.00 | x |
| 2019-12-31 | ₩2898.42 | ₩1976.00 | x |
| 2020-12-31 | ₩3020.95 | ₩1976.00 | x |
| 2021-12-31 | ₩2582.64 | ₩1976.00 | x |
| 2022-12-31 | ₩1490.33 | ₩1976.00 | x |
| 2023-12-31 | ₩1022.10 | ₩1976.00 | x |
| 2024-12-31 | ₩2065.41 | ₩1976.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LONGTU KOREA 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): -392.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -187.00%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 3.86x
- Recent ROE (-392.69%) is below the historical average (-45.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 10.31% | 3.42% | 1.01x | 2.97x | ₩25.41 Million |
| 2013 | -18.85% | -7.47% | 1.00x | 2.52x | ₩-2.11 Billion |
| 2014 | -37.64% | -23.14% | 0.71x | 2.30x | ₩-3.79 Billion |
| 2015 | 2.61% | 5.26% | 0.16x | 3.19x | ₩-2.29 Billion |
| 2016 | 1.62% | 1.09% | 0.49x | 3.04x | ₩-3.47 Billion |
| 2017 | -43.04% | -49.00% | 0.43x | 2.02x | ₩-31.66 Billion |
| 2018 | 21.48% | 24.65% | 0.74x | 1.17x | ₩7.58 Billion |
| 2019 | 2.22% | 5.44% | 0.38x | 1.08x | ₩-5.73 Billion |
| 2020 | 3.73% | 5.49% | 0.62x | 1.09x | ₩-4.82 Billion |
| 2021 | -13.64% | -23.60% | 0.49x | 1.19x | ₩-15.07 Billion |
| 2022 | -76.46% | -96.69% | 0.69x | 1.15x | ₩-31.80 Billion |
| 2023 | -46.07% | -111.88% | 0.36x | 1.15x | ₩-14.14 Billion |
| 2024 | -392.69% | -187.00% | 0.54x | 3.86x | ₩-26.25 Billion |
Industry Comparison
This section compares LONGTU KOREA Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $50,474,454,213
- Average return on equity (ROE) among peers: -4.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LONGTU KOREA Inc (060240) | ₩6.52 Billion | 10.31% | 2.86x | $3.02 Million |
| Douzone Bizon Co Ltd (012510) | $82.16 Billion | 20.47% | 1.34x | $1.46 Billion |
| NuriFlex Co.Ltd (040160) | $60.32 Billion | 2.29% | 0.53x | $46.47 Million |
| Raonsecure Co. Ltd (042510) | $50.48 Billion | 7.96% | 0.42x | $39.59 Million |
| Osangjaiel Co. Ltd (053980) | $35.39 Billion | 4.33% | 0.74x | $26.27 Million |
| Emro Inc. (058970) | $11.53 Billion | 8.73% | 1.15x | $159.67 Million |
| Younglimwon Soft Lab Co. Ltd. (060850) | $4.11 Billion | -86.33% | 4.58x | $23.73 Million |
| Gemvaxlink Co. Ltd (064800) | $169.44 Billion | -11.42% | 0.21x | $44.93 Million |
| 088340 (088340) | $8.99 Billion | 9.77% | 1.57x | $20.38 Million |
| Mobileleader Co.Ltd (100030) | $31.85 Billion | 0.00% | 0.11x | $19.75 Million |