ISE Commerce Company Limited
ISE Commerce Company Limited engages in the fashion business in South Korea, China, the United States, Japan, and internationally. It develops EDGE N2N, an e-commerce services platform, which enables consumers to meet mono/retail brands; and provides modular or integrated services for e-commerce, including the enhancement of product information, securing sales channels, and marketing, as well as … Read more
ISE Commerce Company Limited (069920) - Net Assets
Latest net assets as of September 2025: ₩53.63 Billion KRW
Based on the latest financial reports, ISE Commerce Company Limited (069920) has net assets worth ₩53.63 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 (₩91.38 Billion) and total liabilities (₩37.75 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 | ₩53.63 Billion |
| % of Total Assets | 58.69% |
| Annual Growth Rate | 10.02% |
| 5-Year Change | 10.76% |
| 10-Year Change | 43.53% |
| Growth Volatility | 49.71 |
ISE Commerce Company Limited - Net Assets Trend (2011–2024)
This chart illustrates how ISE Commerce Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ISE Commerce Company Limited (2011–2024)
The table below shows the annual net assets of ISE Commerce Company Limited from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩45.46 Billion | +8.65% |
| 2023-12-31 | ₩41.84 Billion | -26.76% |
| 2022-12-31 | ₩57.13 Billion | -13.66% |
| 2021-12-31 | ₩66.17 Billion | +61.23% |
| 2020-12-31 | ₩41.04 Billion | -17.67% |
| 2019-12-31 | ₩49.85 Billion | -20.12% |
| 2018-12-31 | ₩62.40 Billion | -17.49% |
| 2017-12-31 | ₩75.63 Billion | +116.01% |
| 2016-12-31 | ₩35.01 Billion | +10.55% |
| 2015-12-31 | ₩31.67 Billion | +97.70% |
| 2014-12-31 | ₩16.02 Billion | +80.58% |
| 2013-12-31 | ₩8.87 Billion | -38.61% |
| 2012-12-31 | ₩14.45 Billion | +10.08% |
| 2011-12-31 | ₩13.13 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ISE Commerce Company Limited'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 6327.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩17.60 Billion | 38.71% |
| Other Components | ₩59.18 Billion | 130.19% |
| Total Equity | ₩45.46 Billion | 100.00% |
ISE Commerce Company Limited Competitors by Market Cap
The table below lists competitors of ISE Commerce Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carlton Precious Inc.
V:CPI
|
$5.76 Million |
|
Totally Hip Technologies Inc
V:THP
|
$5.76 Million |
|
TRINSEO PLC EO -01
F:3XD
|
$5.76 Million |
|
CGE Transmision S.A.
SN:CGET
|
$5.76 Million |
|
Huntwicke Capital Group Inc
PINK:HCGI
|
$5.75 Million |
|
Sejin T.S Co.Ltd
KQ:067770
|
$5.75 Million |
|
Multibax Public Company Limited
BK:MBAX
|
$5.75 Million |
|
Spineguard
PA:ALSGD
|
$5.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ISE Commerce Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 41,838,676,470 to 45,456,891,560, a change of 3,618,215,090 (8.6%).
- Net loss of 16,928,768,650 reduced equity.
- Share repurchases of 15,973,174,200 reduced equity.
- New share issuances of 15,973,174,200 increased equity.
- Other factors increased equity by 20,546,983,740.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-16.93 Billion | -37.24% |
| Share Repurchases | ₩15.97 Billion | -35.14% |
| Share Issuances | ₩15.97 Billion | +35.14% |
| Other Changes | ₩20.55 Billion | +45.2% |
| Total Change | ₩- | 8.65% |
Book Value vs Market Value Analysis
This analysis compares ISE Commerce Company Limited'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: 0.38x
- 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 | ₩1372.28 | ₩497.00 | x |
| 2017-12-31 | ₩2964.21 | ₩497.00 | x |
| 2018-12-31 | ₩2518.44 | ₩497.00 | x |
| 2019-12-31 | ₩2006.85 | ₩497.00 | x |
| 2020-12-31 | ₩1635.63 | ₩497.00 | x |
| 2021-12-31 | ₩2637.05 | ₩497.00 | x |
| 2022-12-31 | ₩2228.36 | ₩497.00 | x |
| 2023-12-31 | ₩1631.96 | ₩497.00 | x |
| 2024-12-31 | ₩1298.59 | ₩497.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ISE Commerce Company Limited 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): -37.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -350.86%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.28x
- Recent ROE (-37.24%) is below the historical average (-14.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -85.24% | -8.33% | 1.44x | 7.11x | ₩-6.27 Billion |
| 2014 | -13.42% | -2.35% | 0.96x | 5.93x | ₩-1.81 Billion |
| 2015 | -1.85% | -1.04% | 0.69x | 2.58x | ₩-3.75 Billion |
| 2016 | 5.11% | 7.27% | 0.28x | 2.54x | ₩-1.71 Billion |
| 2017 | 50.00% | 103.64% | 0.38x | 1.28x | ₩30.25 Billion |
| 2018 | -21.00% | -37.53% | 0.43x | 1.31x | ₩-19.35 Billion |
| 2019 | -32.34% | -44.61% | 0.46x | 1.58x | ₩-21.11 Billion |
| 2020 | -23.15% | -32.28% | 0.41x | 1.75x | ₩-13.61 Billion |
| 2021 | 43.02% | 132.31% | 0.25x | 1.28x | ₩21.85 Billion |
| 2022 | -19.49% | -203.33% | 0.09x | 1.08x | ₩-16.85 Billion |
| 2023 | -36.55% | -329.05% | 0.10x | 1.08x | ₩-19.47 Billion |
| 2024 | -37.24% | -350.86% | 0.08x | 1.28x | ₩-21.47 Billion |
Industry Comparison
This section compares ISE Commerce Company Limited's net assets metrics with peer companies in the Investment Banking & Investment Services industry.
Industry Context
- Industry: Investment Banking & Investment Services
- Average net assets among peers: $73,754,463,334
- Average return on equity (ROE) among peers: -4.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ISE Commerce Company Limited (069920) | ₩53.63 Billion | -85.24% | 0.70x | $5.76 Million |
| Q Capital Partners Co. Ltd (016600) | $57.55 Billion | -4.97% | 0.29x | $9.27 Million |
| SBI Investment KOREA Co. Ltd (019550) | $117.62 Billion | -12.76% | 0.10x | $41.04 Million |
| Leaders Technology Investment Co. Ltd (019570) | $5.02 Billion | -75.46% | 0.48x | $15.67 Million |
| Aju IB Investment Co. Ltd (027360) | $167.58 Billion | 9.72% | 0.87x | $193.31 Million |
| Daesung Private Equity Inc (027830) | $43.76 Billion | 24.07% | 0.51x | $20.88 Million |
| EBEST Investment & Securities Co. Ltd (078020) | $20.69 Billion | 0.00% | 2.52x | $79.41 Million |
| Mirae Asset Venture Investment Co. Ltd (100790) | $118.61 Billion | 15.66% | 1.75x | $240.07 Million |
| Lindeman Asia Investment Co. Ltd (277070) | $59.21 Billion | 5.68% | 0.18x | $8.03 Million |