Yellow Balloon Tour Co. Ltd (104620) - Net Assets
Based on the latest financial reports, Yellow Balloon Tour Co. Ltd (104620) has net assets worth ₩40.25 Billion KRW (≈ $27.28 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩125.04 Billion ≈ $84.74 Million USD) and total liabilities (₩84.79 Billion ≈ $57.46 Million USD). 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. Check tangible net worth ratio of Yellow Balloon Tour Co. Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩40.25 Billion |
| % of Total Assets | 32.19% |
| Annual Growth Rate | 5.99% |
| 5-Year Change | -7.43% |
| 10-Year Change | N/A |
| Growth Volatility | 24.06 |
Yellow Balloon Tour Co. Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Yellow Balloon Tour Co. Ltd's net assets have evolved over time, based on quarterly financial data. See Yellow Balloon Tour Co. Ltd (104620) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Yellow Balloon Tour Co. Ltd (2016–2025)
The table below shows the annual net assets of Yellow Balloon Tour Co. Ltd from 2016 to 2025. For live valuation and market cap data, see how much is Yellow Balloon Tour Co. Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩40.25 Billion ≈ $27.28 Million |
+10.83% |
| 2024-12-31 | ₩36.32 Billion ≈ $24.61 Million |
-9.86% |
| 2023-12-31 | ₩40.29 Billion ≈ $27.30 Million |
+23.28% |
| 2022-12-31 | ₩32.68 Billion ≈ $22.15 Million |
-24.84% |
| 2021-12-31 | ₩43.48 Billion ≈ $29.47 Million |
-11.90% |
| 2020-12-31 | ₩49.36 Billion ≈ $33.45 Million |
-12.19% |
| 2019-12-31 | ₩56.21 Billion ≈ $38.09 Million |
+39.94% |
| 2018-12-31 | ₩40.17 Billion ≈ $27.22 Million |
+12.57% |
| 2017-12-31 | ₩35.68 Billion ≈ $24.18 Million |
+49.60% |
| 2016-12-31 | ₩23.85 Billion ≈ $16.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Yellow Balloon Tour 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 62.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩8.25 Billion | 20.62% |
| Other Components | ₩31.76 Billion | 79.38% |
| Total Equity | ₩40.01 Billion | 100.00% |
Yellow Balloon Tour Co. Ltd Competitors by Market Cap
The table below lists competitors of Yellow Balloon Tour Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Schwälbchen Molkerei Jakob Berz AG
F:SMB
|
$45.00 Million |
|
Marga Abhinaya Abadi Tbk PT
JK:MABA
|
$45.02 Million |
|
ESH Acquisition Corp. Class A Common Stock
NASDAQ:ESHA
|
$45.03 Million |
|
Grupo Pochteca S.A.B. de C.V
MX:POCHTECB
|
$45.07 Million |
|
Matang Bhd
KLSE:0189
|
$44.99 Million |
|
Avision Inc
TW:2380
|
$44.96 Million |
|
SG Choongbang Co Ltd
KO:001380
|
$44.95 Million |
|
Mister Spex SE
F:MRX
|
$44.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yellow Balloon Tour Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 36,317,660,610 to 40,010,048,670, a change of 3,692,388,060 (10.2%).
- Net loss of 2,808,305,030 reduced equity.
- Other factors increased equity by 6,500,693,090.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-2.81 Billion | -7.02% |
| Other Changes | ₩6.50 Billion | +16.25% |
| Total Change | ₩- | 10.17% |
Book Value vs Market Value Analysis
This analysis compares Yellow Balloon Tour 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: 1.66x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩2267.48 | ₩3950.00 | x |
| 2017-12-31 | ₩3183.75 | ₩3950.00 | x |
| 2018-12-31 | ₩3347.18 | ₩3950.00 | x |
| 2019-12-31 | ₩3931.63 | ₩3950.00 | x |
| 2020-12-31 | ₩3452.20 | ₩3950.00 | x |
| 2021-12-31 | ₩3041.46 | ₩3950.00 | x |
| 2022-12-31 | ₩2075.45 | ₩3950.00 | x |
| 2023-12-31 | ₩2543.21 | ₩3950.00 | x |
| 2024-12-31 | ₩2292.47 | ₩3950.00 | x |
| 2025-12-31 | ₩2380.06 | ₩3950.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yellow Balloon Tour 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): -7.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.35%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 3.13x
- Recent ROE (-7.02%) is below the historical average (-5.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 17.17% | 6.79% | 0.69x | 3.64x | ₩1.71 Billion |
| 2017 | 29.25% | 13.68% | 0.76x | 2.81x | ₩6.87 Billion |
| 2018 | 11.17% | 4.84% | 0.94x | 2.45x | ₩469.39 Million |
| 2019 | -2.95% | -2.16% | 0.67x | 2.05x | ₩-7.28 Billion |
| 2020 | -11.96% | -29.57% | 0.25x | 1.61x | ₩-10.84 Billion |
| 2021 | -23.44% | -348.01% | 0.03x | 2.02x | ₩-14.54 Billion |
| 2022 | -73.68% | -109.43% | 0.24x | 2.85x | ₩-27.35 Billion |
| 2023 | 14.69% | 6.00% | 0.94x | 2.61x | ₩1.89 Billion |
| 2024 | -13.05% | -3.59% | 0.98x | 3.72x | ₩-8.37 Billion |
| 2025 | -7.02% | -2.35% | 0.96x | 3.13x | ₩-6.81 Billion |
Industry Comparison
This section compares Yellow Balloon Tour Co. Ltd's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $289,068,850,970
- Average return on equity (ROE) among peers: 0.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yellow Balloon Tour Co. Ltd (104620) | ₩40.25 Billion | 17.17% | 2.11x | $45.00 Million |
| Samchuly Bicycle Co. Ltd (024950) | $98.72 Billion | 12.68% | 0.31x | $33.79 Million |
| Fila Holdings Corp (081660) | $1.23 Trillion | 5.05% | 1.49x | $1.52 Billion |
| E-World (084680) | $214.85 Billion | -8.67% | 0.89x | $112.72 Million |
| Namhwa Industrial Co. Ltd (111710) | $132.66 Billion | 3.18% | 0.10x | $51.00 Million |
| Alton Sports Co.Ltd (123750) | $52.16 Billion | -8.64% | 0.57x | $14.84 Million |
| Heng Sheng Holding Group Limited (900270) | $1.69 Billion | 0.20% | 0.19x | $80.41 Million |
About Yellow Balloon Tour Co. Ltd
Yellow Balloon Tour Co., Ltd. provides travel services in South Korea and internationally. It offers domestic and overseas travel products and information services, corporate overseas training and development, and domestic and overseas airline tickets. The company was founded in 2001 and is headquartered in Seoul, South Korea.