Modetour Network Inc
Modetour Network Inc. operates as a travel company in South Korea and internationally. It is involved in tourist agency, airline tickets sale, and other tourist agency activities; and exhibitions and event agency, advertising, hotel, education, cruise ships distribution, and B2B package businesses. The company was founded in 1989 and is based in Seoul, South Korea.
Modetour Network Inc (080160) - Net Assets
Latest net assets as of September 2025: ₩79.50 Billion KRW
Based on the latest financial reports, Modetour Network Inc (080160) has net assets worth ₩79.50 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 (₩250.43 Billion) and total liabilities (₩170.93 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 | ₩79.50 Billion |
| % of Total Assets | 31.74% |
| Annual Growth Rate | -0.25% |
| 5-Year Change | 35.55% |
| 10-Year Change | -28.61% |
| Growth Volatility | 31.98 |
Modetour Network Inc - Net Assets Trend (2011–2024)
This chart illustrates how Modetour Network 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 Modetour Network Inc (2011–2024)
The table below shows the annual net assets of Modetour Network Inc from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩71.15 Billion | -28.51% |
| 2023-12-31 | ₩99.53 Billion | +78.49% |
| 2022-12-31 | ₩55.76 Billion | -19.86% |
| 2021-12-31 | ₩69.58 Billion | +32.55% |
| 2020-12-31 | ₩52.49 Billion | -57.71% |
| 2019-12-31 | ₩124.11 Billion | -6.93% |
| 2018-12-31 | ₩133.35 Billion | -2.12% |
| 2017-12-31 | ₩136.23 Billion | +31.74% |
| 2016-12-31 | ₩103.41 Billion | +3.75% |
| 2015-12-31 | ₩99.67 Billion | -8.63% |
| 2014-12-31 | ₩109.08 Billion | +21.50% |
| 2013-12-31 | ₩89.78 Billion | +6.62% |
| 2012-12-31 | ₩84.20 Billion | +14.58% |
| 2011-12-31 | ₩73.49 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Modetour Network 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 grown by 6762391959000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩67.62 Billion | 94.99% |
| Common Stock | ₩9.45 Billion | 13.27% |
| Total Equity | ₩71.19 Billion | 100.00% |
Modetour Network Inc Competitors by Market Cap
The table below lists competitors of Modetour Network Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BitVentures Limited
NASDAQ:BVC
|
$119.15 Million |
|
Sight Sciences Inc
NASDAQ:SGHT
|
$119.21 Million |
|
DIGITAL VALUE SPA
F:L9U
|
$119.22 Million |
|
Moury Construct SA
BR:MOUR
|
$119.23 Million |
|
Balaji Amines Limited
NSE:BALAMINES
|
$119.05 Million |
|
Intellego Technologies AB
ST:INT
|
$119.02 Million |
|
Dolly Varden Silver Corporation
OTCQX:DOLLF
|
$118.97 Million |
|
Foxtons Group PLC
PINK:FXTGY
|
$118.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Modetour Network Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 70,513,120,190 to 71,187,261,270, a change of 674,141,080 (1.0%).
- Net income of 10,858,043,980 contributed positively to equity growth.
- Dividend payments of 4,412,769,750 reduced retained earnings.
- Share repurchases of 4,979,140,040 reduced equity.
- Other factors decreased equity by 791,993,110.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩10.86 Billion | +15.25% |
| Dividends Paid | ₩4.41 Billion | -6.2% |
| Share Repurchases | ₩4.98 Billion | -6.99% |
| Other Changes | ₩-791.99 Million | -1.11% |
| Total Change | ₩- | 0.96% |
Book Value vs Market Value Analysis
This analysis compares Modetour Network 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: 2.85x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.00x to 2.85x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩5868.58 | ₩11720.00 | x |
| 2017-12-31 | ₩7487.24 | ₩11720.00 | x |
| 2018-12-31 | ₩7440.81 | ₩11720.00 | x |
| 2019-12-31 | ₩7017.68 | ₩11720.00 | x |
| 2020-12-31 | ₩3023.03 | ₩11720.00 | x |
| 2021-12-31 | ₩4007.13 | ₩11720.00 | x |
| 2022-12-31 | ₩3211.35 | ₩11720.00 | x |
| 2023-12-31 | ₩3994.83 | ₩11720.00 | x |
| 2024-12-31 | ₩4111.95 | ₩11720.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Modetour Network 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): 15.25%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.32%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 3.30x
- Recent ROE (15.25%) is above the historical average (3.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 18.86% | 10.84% | 0.92x | 1.89x | ₩6.37 Billion |
| 2012 | 21.18% | 12.75% | 0.93x | 1.79x | ₩9.28 Billion |
| 2013 | 18.01% | 10.95% | 0.96x | 1.70x | ₩7.16 Billion |
| 2014 | 15.54% | 9.32% | 0.73x | 2.27x | ₩5.47 Billion |
| 2015 | 13.29% | 6.48% | 1.12x | 1.83x | ₩3.28 Billion |
| 2016 | 16.21% | 7.07% | 1.13x | 2.03x | ₩6.42 Billion |
| 2017 | 18.26% | 6.69% | 1.06x | 2.57x | ₩11.26 Billion |
| 2018 | 9.41% | 3.44% | 1.09x | 2.51x | ₩-782.50 Million |
| 2019 | 1.44% | 0.60% | 0.71x | 3.39x | ₩-10.62 Billion |
| 2020 | -122.93% | -117.81% | 0.21x | 4.89x | ₩-69.78 Billion |
| 2021 | 25.26% | 127.70% | 0.05x | 3.71x | ₩10.61 Billion |
| 2022 | -13.34% | -25.25% | 0.11x | 4.85x | ₩-13.01 Billion |
| 2023 | 14.58% | 5.76% | 0.60x | 4.24x | ₩3.23 Billion |
| 2024 | 15.25% | 4.32% | 1.07x | 3.30x | ₩3.74 Billion |
Industry Comparison
This section compares Modetour Network Inc's net assets metrics with peer companies in the Hotels & Entertainment Services industry.
Industry Context
- Industry: Hotels & Entertainment Services
- Average net assets among peers: $66,671,112,450
- Average return on equity (ROE) among peers: 4.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Modetour Network Inc (080160) | ₩79.50 Billion | 18.86% | 2.15x | $119.08 Million |
| Ananti Inc (025980) | $46.99 Billion | 6.29% | 5.81x | $305.27 Million |
| CHOROKBAEM COMPANY Co. Ltd (052300) | $89.82 Billion | -4.95% | 0.71x | $34.55 Million |
| Very Good Tour Co. Ltd (094850) | $63.21 Billion | 10.93% | 1.31x | $30.55 Million |