iFamily Co. Ltd.
iFamiySC Co., Ltd. operates as an interactive branding company that connects content and products online and offline in South Korea and internationally. It operates iWedding, a wedding service platform that offers IT-based wedding and family event service products, as well as online advertising agency services; rom&nd, a color specialty cosmetic brand; iColor, a personal color diagnosis and color… Read more
iFamily Co. Ltd. (114840) - Net Assets
Latest net assets as of June 2024: ₩83.94 Billion KRW
Based on the latest financial reports, iFamily Co. Ltd. (114840) has net assets worth ₩83.94 Billion KRW as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩131.24 Billion) and total liabilities (₩47.30 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 | ₩83.94 Billion |
| % of Total Assets | 63.96% |
| Annual Growth Rate | 107.5% |
| 5-Year Change | 1140.76% |
| 10-Year Change | N/A |
| Growth Volatility | 77.93 |
iFamily Co. Ltd. - Net Assets Trend (2018–2023)
This chart illustrates how iFamily 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 iFamily Co. Ltd. (2018–2023)
The table below shows the annual net assets of iFamily Co. Ltd. from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ₩68.99 Billion | +37.43% |
| 2022-12-31 | ₩50.20 Billion | +20.88% |
| 2021-12-31 | ₩41.53 Billion | +175.54% |
| 2020-12-31 | ₩15.07 Billion | +171.07% |
| 2019-12-31 | ₩5.56 Billion | +209.84% |
| 2018-12-31 | ₩1.79 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to iFamily 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 4155674914000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩41.13 Billion | 59.61% |
| Other Components | ₩27.87 Billion | 40.39% |
| Total Equity | ₩68.99 Billion | 100.00% |
iFamily Co. Ltd. Competitors by Market Cap
The table below lists competitors of iFamily Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sturgis Bancorp Inc
OTCQX:STBI
|
$36.19 Million |
|
Train Alliance Sweden AB (publ)
F:7EF
|
$36.20 Million |
|
EdiliziAcrobatica S.p.A
PA:ALEAC
|
$36.20 Million |
|
Jinhui Shipping and Transportation Limited
PINK:JNSTF
|
$36.20 Million |
|
Flexopack Société Anonyme Commercial and Industrial Plastics Company
AT:FLEXO
|
$36.17 Million |
|
Canacol Energy Ltd.
OTCQX:CNNEF
|
$36.17 Million |
|
Clicks
JSE:CLS
|
$36.15 Million |
|
DOREL INDS INC. A
F:DO4C
|
$36.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in iFamily Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 50,204,175,100 to 68,994,279,170, a change of 18,790,104,070 (37.4%).
- Net income of 19,997,096,910 contributed positively to equity growth.
- Dividend payments of 532,315,400 reduced retained earnings.
- New share issuances of 98,213,640 increased equity.
- Other factors decreased equity by 772,891,080.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩20.00 Billion | +28.98% |
| Dividends Paid | ₩532.32 Million | -0.77% |
| Share Issuances | ₩98.21 Million | +0.14% |
| Other Changes | ₩-772.89 Million | -1.12% |
| Total Change | ₩- | 37.43% |
Book Value vs Market Value Analysis
This analysis compares iFamily 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: 2.87x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 52.94x to 2.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ₩217.79 | ₩11530.00 | x |
| 2019-12-31 | ₩674.79 | ₩11530.00 | x |
| 2020-12-31 | ₩1829.13 | ₩11530.00 | x |
| 2021-12-31 | ₩5040.03 | ₩11530.00 | x |
| 2022-12-31 | ₩5905.30 | ₩11530.00 | x |
| 2023-12-31 | ₩4010.84 | ₩11530.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently iFamily 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): 28.98%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.45%
- • Asset Turnover: 1.66x
- • Equity Multiplier: 1.30x
- Recent ROE (28.98%) is below the historical average (34.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 12.89% | 1.36% | 1.44x | 6.56x | ₩51.92 Million |
| 2019 | 80.12% | 11.61% | 2.21x | 3.12x | ₩3.90 Billion |
| 2020 | 58.03% | 11.04% | 2.62x | 2.00x | ₩7.24 Billion |
| 2021 | 8.78% | 5.09% | 1.35x | 1.28x | ₩-508.54 Million |
| 2022 | 15.22% | 8.95% | 1.18x | 1.44x | ₩2.62 Billion |
| 2023 | 28.98% | 13.45% | 1.66x | 1.30x | ₩13.10 Billion |
Industry Comparison
This section compares iFamily Co. Ltd.'s net assets metrics with peer companies in the Specialty Retailers industry.
Industry Context
- Industry: Specialty Retailers
- Average net assets among peers: $30,741,475,300
- Average return on equity (ROE) among peers: -59.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| iFamily Co. Ltd. (114840) | ₩83.94 Billion | 12.89% | 0.56x | $36.18 Million |
| Cube&Company Co. Ltd (043090) | $30.74 Billion | -59.66% | 0.41x | $3.22 Million |