TOBESOFT Co. Ltd
TOBESOFT Co., Ltd., a software company, develops and sells UI and UX technology solutions in South Korea. The company offers nexacro platform 17, a UI UX real OSMU solution; XPLATFORM, a UI UX platform for implementing smart business environments; Nex-Up, a server framework for service development; and X-Push, a real time push server. It also provides BUX consulting and conversion services; and F… Read more
TOBESOFT Co. Ltd (079970) - Net Assets
Latest net assets as of December 2024: ₩18.38 Billion KRW
Based on the latest financial reports, TOBESOFT Co. Ltd (079970) has net assets worth ₩18.38 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 (₩30.30 Billion) and total liabilities (₩11.92 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 | ₩18.38 Billion |
| % of Total Assets | 60.67% |
| Annual Growth Rate | -0.59% |
| 5-Year Change | -52.16% |
| 10-Year Change | -37.53% |
| Growth Volatility | 25.98 |
TOBESOFT Co. Ltd - Net Assets Trend (2012–2024)
This chart illustrates how TOBESOFT 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 TOBESOFT Co. Ltd (2012–2024)
The table below shows the annual net assets of TOBESOFT Co. Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩18.38 Billion | -47.12% |
| 2023-12-31 | ₩34.77 Billion | -22.69% |
| 2022-12-31 | ₩44.97 Billion | +36.00% |
| 2021-12-31 | ₩33.07 Billion | -13.94% |
| 2020-12-31 | ₩38.43 Billion | -19.06% |
| 2019-12-31 | ₩47.47 Billion | -19.51% |
| 2018-12-31 | ₩58.98 Billion | +27.44% |
| 2017-12-31 | ₩46.28 Billion | +11.22% |
| 2016-12-31 | ₩41.61 Billion | +41.41% |
| 2015-12-31 | ₩29.43 Billion | +9.43% |
| 2014-12-31 | ₩26.89 Billion | +16.09% |
| 2013-12-31 | ₩23.16 Billion | +17.35% |
| 2012-12-31 | ₩19.74 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TOBESOFT 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 901.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩103.39 Billion | 560.76% |
| Total Equity | ₩18.44 Billion | 100.00% |
TOBESOFT Co. Ltd Competitors by Market Cap
The table below lists competitors of TOBESOFT Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sri Havisha Hospitality and Infrastructure Limited
NSE:HAVISHA
|
$4.07 Million |
|
Electric Last Mile Solutions Inc
OTCMKTS:ELMSQ
|
$4.07 Million |
|
RCL Foods Ltd
JSE:RCL
|
$4.07 Million |
|
Mayfield Childcare Ltd
AU:MFD
|
$4.07 Million |
|
FTC SOLAR INC. DL -0001
F:6YK
|
$4.06 Million |
|
HCA HLDGS
BE:2BH
|
$4.06 Million |
|
TOMO HOLDINGS LTD HD-01
F:5WZ
|
$4.06 Million |
|
Mirage Energy Corp
PINK:MRGE
|
$4.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TOBESOFT Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 34,802,624,010 to 18,437,862,000, a change of -16,364,762,010 (-47.0%).
- Net loss of 22,937,103,140 reduced equity.
- Share repurchases of 5,101,400 reduced equity.
- Other factors increased equity by 6,577,442,530.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-22.94 Billion | -124.4% |
| Share Repurchases | ₩5.10 Million | -0.03% |
| Other Changes | ₩6.58 Billion | +35.67% |
| Total Change | ₩- | -47.02% |
Book Value vs Market Value Analysis
This analysis compares TOBESOFT 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: 0.27x
- 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 | ₩3102.27 | ₩596.00 | x |
| 2017-12-31 | ₩2620.38 | ₩596.00 | x |
| 2018-12-31 | ₩2450.79 | ₩596.00 | x |
| 2019-12-31 | ₩1798.80 | ₩596.00 | x |
| 2020-12-31 | ₩1044.13 | ₩596.00 | x |
| 2021-12-31 | ₩815.68 | ₩596.00 | x |
| 2022-12-31 | ₩649.00 | ₩596.00 | x |
| 2023-12-31 | ₩445.09 | ₩596.00 | x |
| 2024-12-31 | ₩2203.89 | ₩596.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TOBESOFT 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): -124.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -81.55%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.64x
- Recent ROE (-124.40%) is below the historical average (-32.37%), 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 | 15.91% | 10.90% | 1.17x | 1.25x | ₩1.17 Billion |
| 2013 | 13.11% | 10.44% | 0.87x | 1.44x | ₩720.33 Million |
| 2014 | 8.92% | 7.61% | 0.96x | 1.22x | ₩-290.34 Million |
| 2015 | 6.27% | 5.78% | 0.89x | 1.22x | ₩-1.10 Billion |
| 2016 | -1.17% | -1.24% | 0.50x | 1.89x | ₩-4.65 Billion |
| 2017 | -55.05% | -64.57% | 0.41x | 2.08x | ₩-30.10 Billion |
| 2018 | -41.43% | -59.43% | 0.39x | 1.79x | ₩-30.33 Billion |
| 2019 | -42.43% | -49.39% | 0.47x | 1.82x | ₩-24.89 Billion |
| 2020 | -67.95% | -67.28% | 0.61x | 1.67x | ₩-29.95 Billion |
| 2021 | -50.06% | -43.80% | 0.46x | 2.48x | ₩-19.86 Billion |
| 2022 | -34.75% | -36.16% | 0.41x | 2.34x | ₩-20.12 Billion |
| 2023 | -47.82% | -51.90% | 0.39x | 2.35x | ₩-20.12 Billion |
| 2024 | -124.40% | -81.55% | 0.93x | 1.64x | ₩-24.78 Billion |
Industry Comparison
This section compares TOBESOFT 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 |
|---|---|---|---|---|
| TOBESOFT Co. Ltd (079970) | ₩18.38 Billion | 15.91% | 0.65x | $4.07 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 |