CHUNGDAHM Learning Inc
Creverse, Inc. engages in the education business in South Korea and internationally. It provides kindergarten and adult learning content services, as well as operates learning assessment centers. The company was formerly known as CHUNGDAHM Learning, Inc. and changed its name to Creverse, Inc. in March 2022. Creverse, Inc. was founded in 1998 and is based in Seoul, South Korea.
CHUNGDAHM Learning Inc (096240) - Net Assets
Latest net assets as of September 2025: ₩50.31 Billion KRW
Based on the latest financial reports, CHUNGDAHM Learning Inc (096240) has net assets worth ₩50.31 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 (₩179.73 Billion) and total liabilities (₩129.42 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 | ₩50.31 Billion |
| % of Total Assets | 27.99% |
| Annual Growth Rate | -2.24% |
| 5-Year Change | -49.65% |
| 10-Year Change | -27.3% |
| Growth Volatility | 15.28 |
CHUNGDAHM Learning Inc - Net Assets Trend (2010–2024)
This chart illustrates how CHUNGDAHM Learning 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 CHUNGDAHM Learning Inc (2010–2024)
The table below shows the annual net assets of CHUNGDAHM Learning Inc from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩40.50 Billion | -11.01% |
| 2023-12-31 | ₩45.52 Billion | +0.56% |
| 2022-12-31 | ₩45.26 Billion | -45.47% |
| 2021-12-31 | ₩83.00 Billion | +3.19% |
| 2020-12-31 | ₩80.44 Billion | +22.32% |
| 2019-12-31 | ₩65.76 Billion | -0.66% |
| 2018-12-31 | ₩66.20 Billion | +10.67% |
| 2017-12-31 | ₩59.82 Billion | +2.84% |
| 2016-12-31 | ₩58.16 Billion | +4.40% |
| 2015-12-31 | ₩55.71 Billion | -5.06% |
| 2014-12-31 | ₩58.68 Billion | -12.90% |
| 2013-12-31 | ₩67.37 Billion | -0.05% |
| 2012-12-31 | ₩67.41 Billion | +5.57% |
| 2011-12-31 | ₩63.85 Billion | +14.73% |
| 2010-12-31 | ₩55.65 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CHUNGDAHM Learning 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 8601309032000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩86.01 Billion | 213.65% |
| Total Equity | ₩40.26 Billion | 100.00% |
CHUNGDAHM Learning Inc Competitors by Market Cap
The table below lists competitors of CHUNGDAHM Learning Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Midwest Energy Emiss
OTCQB:MEEC
|
$42.28 Million |
|
C-Tech United
TWO:3625
|
$42.29 Million |
|
Gandhi Special Tubes Limited
NSE:GANDHITUBE
|
$42.31 Million |
|
Firefly AB (publ)
ST:FIRE
|
$42.31 Million |
|
Vocento
MC:VOC
|
$42.25 Million |
|
Quality Houses Hotel and Residence Freehold and Leasehold Property Fund
BK:QHHR
|
$42.25 Million |
|
Freetrailer Group A/S
ST:FREETR
|
$42.24 Million |
|
Dorel Industries Inc Cl.A Mv (DII-A.TO
TO:DII-A
|
$42.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CHUNGDAHM Learning Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 43,942,430,520 to 40,258,093,800, a change of -3,684,336,720 (-8.4%).
- Net income of 7,573,968,320 contributed positively to equity growth.
- Dividend payments of 12,968,378,900 reduced retained earnings.
- Share repurchases of 866,340,000 reduced equity.
- New share issuances of 866,340,000 increased equity.
- Other factors increased equity by 1,710,073,860.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩7.57 Billion | +18.81% |
| Dividends Paid | ₩12.97 Billion | -32.21% |
| Share Repurchases | ₩866.34 Million | -2.15% |
| Share Issuances | ₩866.34 Million | +2.15% |
| Other Changes | ₩1.71 Billion | +4.25% |
| Total Change | ₩- | -8.38% |
Book Value vs Market Value Analysis
This analysis compares CHUNGDAHM Learning 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: 2.39x
- 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 1.17x to 2.39x 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 | ₩9712.44 | ₩11400.00 | x |
| 2017-12-31 | ₩9756.49 | ₩11400.00 | x |
| 2018-12-31 | ₩9783.25 | ₩11400.00 | x |
| 2019-12-31 | ₩9718.35 | ₩11400.00 | x |
| 2020-12-31 | ₩10762.97 | ₩11400.00 | x |
| 2021-12-31 | ₩11032.14 | ₩11400.00 | x |
| 2022-12-31 | ₩5467.20 | ₩11400.00 | x |
| 2023-12-31 | ₩5277.99 | ₩11400.00 | x |
| 2024-12-31 | ₩4772.40 | ₩11400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CHUNGDAHM Learning 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): 18.81%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.32%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 4.93x
- Recent ROE (18.81%) is above the historical average (9.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 1.65% | 0.86% | 1.48x | 1.29x | ₩-4.65 Billion |
| 2011 | 16.91% | 10.44% | 1.32x | 1.23x | ₩4.41 Billion |
| 2012 | 13.22% | 7.30% | 1.17x | 1.54x | ₩2.01 Billion |
| 2013 | 12.53% | 6.60% | 1.03x | 1.85x | ₩1.67 Billion |
| 2014 | 7.22% | 3.06% | 1.08x | 2.19x | ₩-1.54 Billion |
| 2015 | -2.58% | -0.94% | 1.08x | 2.52x | ₩-6.25 Billion |
| 2016 | -34.55% | -14.25% | 0.95x | 2.56x | ₩-25.91 Billion |
| 2017 | 6.41% | 2.60% | 1.01x | 2.43x | ₩-2.15 Billion |
| 2018 | 10.91% | 4.73% | 0.92x | 2.51x | ₩605.34 Million |
| 2019 | 12.10% | 4.55% | 0.90x | 2.94x | ₩1.38 Billion |
| 2020 | 8.38% | 3.74% | 0.86x | 2.61x | ₩-1.30 Billion |
| 2021 | 19.11% | 7.53% | 0.92x | 2.77x | ₩7.56 Billion |
| 2022 | 10.89% | 2.17% | 1.01x | 4.95x | ₩405.03 Million |
| 2023 | 34.13% | 6.42% | 1.08x | 4.91x | ₩10.60 Billion |
| 2024 | 18.81% | 3.32% | 1.15x | 4.93x | ₩3.55 Billion |
Industry Comparison
This section compares CHUNGDAHM Learning Inc'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: $159,173,235,820
- Average return on equity (ROE) among peers: 7.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CHUNGDAHM Learning Inc (096240) | ₩50.31 Billion | 1.65% | 2.57x | $42.26 Million |
| YBM Net Inc (057030) | $51.73 Billion | 9.79% | 0.58x | $15.23 Million |
| MegaStudy Co. Ltd (072870) | $266.61 Billion | 4.76% | 0.42x | $44.01 Million |