MegaStudy Co. Ltd
MegaStudy Co., Ltd. provides online and offline education services to college students and general adults in South Korea. It publishes, prints, and supplies text books for elementary, and middle and high school students, as well as adults; and offers educational support, school group meal, catering, and cafeteria services. The company also invests in new technology companies; and leases and manag… Read more
MegaStudy Co. Ltd (072870) - Net Assets
Latest net assets as of September 2025: ₩368.13 Billion KRW
Based on the latest financial reports, MegaStudy Co. Ltd (072870) has net assets worth ₩368.13 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 (₩542.62 Billion) and total liabilities (₩174.50 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 | ₩368.13 Billion |
| % of Total Assets | 67.84% |
| Annual Growth Rate | 0.75% |
| 5-Year Change | 12.22% |
| 10-Year Change | 26.94% |
| Growth Volatility | 13.75 |
MegaStudy Co. Ltd - Net Assets Trend (2010–2024)
This chart illustrates how MegaStudy 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 MegaStudy Co. Ltd (2010–2024)
The table below shows the annual net assets of MegaStudy Co. Ltd from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩317.58 Billion | -8.74% |
| 2023-12-31 | ₩347.99 Billion | +15.21% |
| 2022-12-31 | ₩302.04 Billion | +0.91% |
| 2021-12-31 | ₩299.32 Billion | +5.77% |
| 2020-12-31 | ₩283.00 Billion | +6.14% |
| 2019-12-31 | ₩266.61 Billion | +3.08% |
| 2018-12-31 | ₩258.65 Billion | +8.13% |
| 2017-12-31 | ₩239.21 Billion | -1.40% |
| 2016-12-31 | ₩242.60 Billion | -3.03% |
| 2015-12-31 | ₩250.19 Billion | -40.83% |
| 2014-12-31 | ₩422.84 Billion | +7.67% |
| 2013-12-31 | ₩392.73 Billion | +6.10% |
| 2012-12-31 | ₩370.14 Billion | +7.63% |
| 2011-12-31 | ₩343.90 Billion | +20.29% |
| 2010-12-31 | ₩285.91 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to MegaStudy 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 31990030287000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩319.90 Billion | 100.73% |
| Common Stock | ₩5.96 Billion | 1.88% |
| Total Equity | ₩317.58 Billion | 100.00% |
MegaStudy Co. Ltd Competitors by Market Cap
The table below lists competitors of MegaStudy Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orient Europharma Co Ltd
TWO:4120
|
$44.01 Million |
|
Ambra SA
WAR:AMB
|
$44.01 Million |
|
GAIAM-A
F:GA6
|
$44.02 Million |
|
Medeze Group PCL
BK:MEDEZE
|
$44.02 Million |
|
Ardea Resources Ltd
AU:ARL
|
$44.00 Million |
|
Jong Shyn Shipbuilding Co. Ltd.
TWO:2644
|
$44.00 Million |
|
CKM Building Material
TWO:8930
|
$43.99 Million |
|
COGNOR HOLDING ZY 15
F:WO9
|
$43.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MegaStudy Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 311,841,796,300 to 317,580,834,820, a change of 5,739,038,520 (1.8%).
- Net income of 16,105,584,170 contributed positively to equity growth.
- Dividend payments of 9,755,814,760 reduced retained earnings.
- Share repurchases of 840,000,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩16.11 Billion | +5.07% |
| Dividends Paid | ₩9.76 Billion | -3.07% |
| Share Repurchases | ₩840.00 Million | -0.26% |
| Other Changes | ₩229.27 Million | +0.07% |
| Total Change | ₩- | 1.84% |
Book Value vs Market Value Analysis
This analysis compares MegaStudy 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: 0.46x
- 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 0.63x to 0.46x 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 | ₩20460.66 | ₩12940.00 | x |
| 2017-12-31 | ₩20174.04 | ₩12940.00 | x |
| 2018-12-31 | ₩21814.15 | ₩12940.00 | x |
| 2019-12-31 | ₩22485.80 | ₩12940.00 | x |
| 2020-12-31 | ₩23867.35 | ₩12940.00 | x |
| 2021-12-31 | ₩25244.41 | ₩12940.00 | x |
| 2022-12-31 | ₩26478.24 | ₩12940.00 | x |
| 2023-12-31 | ₩27337.75 | ₩12940.00 | x |
| 2024-12-31 | ₩27840.87 | ₩12940.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MegaStudy 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): 5.07%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.00%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.70x
- Recent ROE (5.07%) is below the historical average (11.16%), 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 | 21.54% | 22.71% | 0.74x | 1.28x | ₩32.55 Billion |
| 2011 | 20.36% | 19.88% | 0.78x | 1.32x | ₩34.76 Billion |
| 2012 | 13.97% | 15.28% | 0.70x | 1.30x | ₩14.25 Billion |
| 2013 | 10.13% | 12.01% | 0.65x | 1.30x | ₩485.14 Million |
| 2014 | 9.56% | 11.85% | 0.56x | 1.43x | ₩-1.78 Billion |
| 2015 | 45.11% | 45.26% | 0.70x | 1.42x | ₩87.85 Billion |
| 2016 | -0.48% | -0.78% | 0.42x | 1.48x | ₩-25.43 Billion |
| 2017 | -0.69% | -1.25% | 0.39x | 1.41x | ₩-25.57 Billion |
| 2018 | 8.78% | 16.88% | 0.37x | 1.42x | ₩-3.15 Billion |
| 2019 | 4.76% | 9.04% | 0.37x | 1.42x | ₩-13.98 Billion |
| 2020 | 7.48% | 15.93% | 0.33x | 1.42x | ₩-7.12 Billion |
| 2021 | 8.50% | 19.04% | 0.32x | 1.40x | ₩-4.49 Billion |
| 2022 | 6.31% | 15.68% | 0.30x | 1.34x | ₩-11.14 Billion |
| 2023 | 6.95% | 20.11% | 0.22x | 1.58x | ₩-9.51 Billion |
| 2024 | 5.07% | 12.00% | 0.25x | 1.70x | ₩-15.65 Billion |
Industry Comparison
This section compares MegaStudy Co. Ltd's net assets metrics with peer companies in the Miscellaneous Educational Service Providers industry.
Industry Context
- Industry: Miscellaneous Educational Service Providers
- Average net assets among peers: $48,623,971,135
- Average return on equity (ROE) among peers: 21.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MegaStudy Co. Ltd (072870) | ₩368.13 Billion | 21.54% | 0.47x | $44.01 Million |
| YBM Net Inc (057030) | $51.73 Billion | 9.79% | 0.58x | $15.23 Million |
| CHUNGDAHM Learning Inc (096240) | $45.52 Billion | 32.95% | 3.74x | $42.26 Million |