AfreecaTV Co. Ltd
AfreecaTV Co., Ltd. operates as an entertainment services company in South Korea. The company provides AfreecaTv, a social live/multimedia platform to broadcast and watch/participate. The company was formerly known as Nowcom Co., Ltd. and changed its name to AfreecaTV Co., Ltd. in April 2013. AfreecaTV Co., Ltd. was founded in 1996 and is based in Seongnam, South Korea.
AfreecaTV Co. Ltd (067160) - Net Assets
Latest net assets as of September 2025: ₩473.59 Billion KRW
Based on the latest financial reports, AfreecaTV Co. Ltd (067160) has net assets worth ₩473.59 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 (₩866.30 Billion) and total liabilities (₩392.71 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 | ₩473.59 Billion |
| % of Total Assets | 54.67% |
| Annual Growth Rate | 22.58% |
| 5-Year Change | 160.77% |
| 10-Year Change | 704.92% |
| Growth Volatility | 9.01 |
AfreecaTV Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how AfreecaTV Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AfreecaTV Co. Ltd (2011–2024)
The table below shows the annual net assets of AfreecaTV Co. Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩382.42 Billion | +30.37% |
| 2023-12-31 | ₩293.35 Billion | +21.65% |
| 2022-12-31 | ₩241.15 Billion | +15.21% |
| 2021-12-31 | ₩209.31 Billion | +42.72% |
| 2020-12-31 | ₩146.65 Billion | +23.31% |
| 2019-12-31 | ₩118.93 Billion | +28.67% |
| 2018-12-31 | ₩92.43 Billion | +32.66% |
| 2017-12-31 | ₩69.67 Billion | +21.71% |
| 2016-12-31 | ₩57.25 Billion | +20.49% |
| 2015-12-31 | ₩47.51 Billion | +10.65% |
| 2014-12-31 | ₩42.94 Billion | +16.08% |
| 2013-12-31 | ₩36.99 Billion | +36.55% |
| 2011-12-31 | ₩27.09 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AfreecaTV 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 grown by 32320.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩380.49 Billion | 100.43% |
| Common Stock | ₩5.75 Billion | 1.52% |
| Total Equity | ₩378.87 Billion | 100.00% |
AfreecaTV Co. Ltd Competitors by Market Cap
The table below lists competitors of AfreecaTV Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Matrix Concepts Holdings Bhd
KLSE:5236
|
$344.99 Million |
|
Shilpa Medicare Limited
NSE:SHILPAMED
|
$345.00 Million |
|
D&O Home Collection Co Ltd
SHE:002798
|
$345.01 Million |
|
Emdoor Information Co. Ltd. A
SHE:001314
|
$345.23 Million |
|
Zhejiang Damon Technology Co Ltd
SHG:688360
|
$344.90 Million |
|
Guangzhou Devotion Therm Tech
SHE:300335
|
$344.68 Million |
|
Shenzhen Shenkeda Intelligent Equipment Co. Ltd. A
SHG:688328
|
$344.63 Million |
|
2G Energy AG
XETRA:2GB
|
$344.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AfreecaTV Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 291,243,829,170 to 378,871,276,380, a change of 87,627,447,210 (30.1%).
- Net income of 101,212,262,920 contributed positively to equity growth.
- Dividend payments of 9,108,769,480 reduced retained earnings.
- Share repurchases of 9,146,016,340 reduced equity.
- Other factors increased equity by 4,669,970,110.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩101.21 Billion | +26.71% |
| Dividends Paid | ₩9.11 Billion | -2.4% |
| Share Repurchases | ₩9.15 Billion | -2.41% |
| Other Changes | ₩4.67 Billion | +1.23% |
| Total Change | ₩- | 30.09% |
Book Value vs Market Value Analysis
This analysis compares AfreecaTV 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: 1.79x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 11.59x to 1.79x 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 | ₩5497.63 | ₩63700.00 | x |
| 2017-12-31 | ₩6536.37 | ₩63700.00 | x |
| 2018-12-31 | ₩8546.76 | ₩63700.00 | x |
| 2019-12-31 | ₩10879.20 | ₩63700.00 | x |
| 2020-12-31 | ₩13487.11 | ₩63700.00 | x |
| 2021-12-31 | ₩18988.12 | ₩63700.00 | x |
| 2022-12-31 | ₩22105.99 | ₩63700.00 | x |
| 2023-12-31 | ₩27059.50 | ₩63700.00 | x |
| 2024-12-31 | ₩35553.54 | ₩63700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AfreecaTV 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): 26.71%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.50%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.89x
- Recent ROE (26.71%) is above the historical average (19.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 2.65% | 1.50% | 0.82x | 2.16x | ₩-1.99 Billion |
| 2013 | 0.88% | 0.66% | 0.83x | 1.60x | ₩-3.29 Billion |
| 2014 | 7.49% | 6.30% | 0.81x | 1.47x | ₩-1.06 Billion |
| 2015 | 10.39% | 7.85% | 0.92x | 1.43x | ₩184.39 Million |
| 2016 | 17.89% | 12.83% | 0.96x | 1.46x | ₩4.52 Billion |
| 2017 | 21.16% | 15.59% | 0.91x | 1.48x | ₩7.78 Billion |
| 2018 | 23.33% | 17.03% | 0.80x | 1.70x | ₩12.32 Billion |
| 2019 | 28.90% | 20.47% | 0.73x | 1.92x | ₩22.48 Billion |
| 2020 | 24.95% | 18.62% | 0.67x | 1.99x | ₩21.93 Billion |
| 2021 | 33.93% | 26.08% | 0.67x | 1.95x | ₩50.09 Billion |
| 2022 | 24.77% | 20.67% | 0.62x | 1.93x | ₩35.63 Billion |
| 2023 | 25.61% | 21.68% | 0.60x | 1.98x | ₩45.47 Billion |
| 2024 | 26.71% | 24.50% | 0.58x | 1.89x | ₩63.33 Billion |
Industry Comparison
This section compares AfreecaTV Co. Ltd's net assets metrics with peer companies in the Software & IT Services industry.
Industry Context
- Industry: Software & IT Services
- Average net assets among peers: $49,307,852,209
- Average return on equity (ROE) among peers: -8.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AfreecaTV Co. Ltd (067160) | ₩473.59 Billion | 2.65% | 0.83x | $344.98 Million |
| Daishin Information & Communications Co.Ltd (020180) | $23.68 Billion | 6.99% | 1.25x | $22.09 Million |
| PLAYWITH Inc (023770) | $25.93 Billion | -23.11% | 0.68x | $6.30 Million |
| Dragonfly GF Co. Ltd (030350) | $28.36 Billion | -97.50% | 0.33x | $9.22 Million |
| UBcare. Co. Ltd (032620) | $43.84 Billion | 0.00% | 0.25x | $62.90 Million |
| Softcen Co. Ltd (032680) | $31.47 Billion | 0.00% | 0.35x | $4.89 Million |
| InfoBank Corporation (039290) | $61.17 Billion | 2.36% | 0.46x | $15.68 Million |
| Korea Business News Co. Ltd (039340) | $138.21 Billion | 13.77% | 0.26x | $22.06 Million |
| Total Soft Bank Ltd (045340) | $21.85 Billion | 17.29% | 0.60x | $26.79 Million |
| DAEA TI Co. Ltd (045390) | $88.26 Billion | 8.00% | 0.44x | $166.31 Million |
| ESTsoft Corp (047560) | $30.29 Billion | -9.09% | 1.71x | $64.92 Million |