Asia Economy Daily Co Ltd (127710) - Net Assets
Based on the latest financial reports, Asia Economy Daily Co Ltd (127710) has net assets worth ₩94.84 Billion KRW (≈ $64.27 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩332.91 Billion ≈ $225.61 Million USD) and total liabilities (₩238.06 Billion ≈ $161.33 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 Asia Economy Daily Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩94.84 Billion |
| % of Total Assets | 28.49% |
| Annual Growth Rate | 8.78% |
| 5-Year Change | -26.6% |
| 10-Year Change | 73.08% |
| Growth Volatility | 24.34 |
Asia Economy Daily Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Asia Economy Daily Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Asia Economy Daily Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Asia Economy Daily Co Ltd (2014–2024)
The table below shows the annual net assets of Asia Economy Daily Co Ltd from 2014 to 2024. For live valuation and market cap data, see 127710 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩90.90 Billion ≈ $61.60 Million |
-46.18% |
| 2023-12-31 | ₩168.91 Billion ≈ $114.47 Million |
-11.12% |
| 2022-12-31 | ₩190.05 Billion ≈ $128.79 Million |
+20.02% |
| 2021-12-31 | ₩158.35 Billion ≈ $107.31 Million |
+27.87% |
| 2020-12-31 | ₩123.84 Billion ≈ $83.93 Million |
+20.05% |
| 2019-12-31 | ₩103.16 Billion ≈ $69.91 Million |
-2.95% |
| 2018-12-31 | ₩106.30 Billion ≈ $72.04 Million |
+35.37% |
| 2017-12-31 | ₩78.52 Billion ≈ $53.21 Million |
+31.16% |
| 2016-12-31 | ₩59.87 Billion ≈ $40.57 Million |
+13.99% |
| 2015-12-31 | ₩52.52 Billion ≈ $35.59 Million |
+34.03% |
| 2014-12-31 | ₩39.19 Billion ≈ $26.56 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Asia Economy Daily 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 190066563000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.35 Billion | 1.48% |
| Common Stock | ₩17.45 Billion | 19.20% |
| Other Components | ₩72.10 Billion | 79.32% |
| Total Equity | ₩90.90 Billion | 100.00% |
Asia Economy Daily Co Ltd Competitors by Market Cap
The table below lists competitors of Asia Economy Daily Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Young Heung I&
KO:012160
|
$32.09 Million |
|
NATUZZI S.P.A. ADR/5 EO 1
F:NTZA
|
$32.09 Million |
|
OPCOM Holdings Bhd
KLSE:0035
|
$32.09 Million |
|
Altech Batteries Ltd
AU:ATC
|
$32.10 Million |
|
Daishin Information & Communications Co.Ltd
KQ:020180
|
$32.06 Million |
|
Ortoma AB Series B
ST:ORT-B
|
$32.06 Million |
|
TBC Bank Group PLC
LSE:TBCG
|
$32.05 Million |
|
Sunnic Technology & Merchandise
TWO:3360
|
$32.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asia Economy Daily Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 168,912,034,020 to 90,900,770,630, a change of -78,011,263,390 (-46.2%).
- Net loss of 76,758,413,930 reduced equity.
- Dividend payments of 179,399,500 reduced retained earnings.
- Share repurchases of 217,528,100 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-76.76 Billion | -84.44% |
| Dividends Paid | ₩179.40 Million | -0.2% |
| Share Repurchases | ₩217.53 Million | -0.24% |
| Other Changes | ₩-855.92 Million | -0.94% |
| Total Change | ₩- | -46.18% |
Book Value vs Market Value Analysis
This analysis compares Asia Economy Daily 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: 0.53x
- 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 | ₩2371.60 | ₩1398.00 | x |
| 2017-12-31 | ₩3110.54 | ₩1398.00 | x |
| 2018-12-31 | ₩4210.80 | ₩1398.00 | x |
| 2019-12-31 | ₩4044.02 | ₩1398.00 | x |
| 2020-12-31 | ₩4854.97 | ₩1398.00 | x |
| 2021-12-31 | ₩5242.43 | ₩1398.00 | x |
| 2022-12-31 | ₩5444.95 | ₩1398.00 | x |
| 2023-12-31 | ₩4839.32 | ₩1398.00 | x |
| 2024-12-31 | ₩2615.02 | ₩1398.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asia Economy Daily 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): -84.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -98.44%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 4.08x
- Recent ROE (-84.44%) is below the historical average (0.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 20.57% | 8.22% | 1.25x | 2.01x | ₩3.08 Billion |
| 2015 | 9.67% | 8.76% | 0.69x | 1.60x | ₩-171.16 Million |
| 2016 | 8.76% | 9.31% | 0.57x | 1.66x | ₩-740.60 Million |
| 2017 | 11.58% | 25.29% | 0.28x | 1.64x | ₩1.24 Billion |
| 2018 | 27.03% | 74.82% | 0.25x | 1.46x | ₩18.10 Billion |
| 2019 | 3.61% | 9.69% | 0.28x | 1.31x | ₩-6.60 Billion |
| 2020 | 2.91% | 5.01% | 0.41x | 1.41x | ₩-8.78 Billion |
| 2021 | 15.52% | 57.35% | 0.18x | 1.50x | ₩8.74 Billion |
| 2022 | 9.19% | 20.49% | 0.12x | 3.79x | ₩-1.54 Billion |
| 2023 | -13.88% | -25.18% | 0.17x | 3.28x | ₩-40.34 Billion |
| 2024 | -84.44% | -98.44% | 0.21x | 4.08x | ₩-85.85 Billion |
Industry Comparison
This section compares Asia Economy Daily Co Ltd's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $414,064,047,278
- Average return on equity (ROE) among peers: 3.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asia Economy Daily Co Ltd (127710) | ₩94.84 Billion | 20.57% | 2.51x | $32.07 Million |
| KidariStudio Inc (020120) | $208.68 Billion | -16.55% | 0.65x | $97.33 Million |
| Naver Corporation (035420) | $2.27 Trillion | 22.86% | 0.93x | $21.38 Billion |
| Kakao Corp (035720) | $456.25 Billion | 23.78% | 0.22x | $14.10 Billion |
| KT Hitel Corporation. Limited (036030) | $196.01 Billion | 0.00% | 0.17x | $170.08 Million |
| YTN Co.Ltd (040300) | $188.12 Billion | 0.37% | 0.52x | $112.12 Million |
| NEOWIZ HOLDINGS Corporation (042420) | $337.08 Billion | 2.16% | 1.65x | $91.08 Million |
| Genie Music Corporation (043610) | $20.15 Billion | -11.83% | 0.38x | $70.38 Million |
| NHN Bugs Corp (104200) | $63.07 Billion | 8.56% | 0.43x | $40.27 Million |
| Wanted Lab Inc. (376980) | $-12.36 Billion | 0.00% | 0.00x | $24.28 Million |
About Asia Economy Daily Co Ltd
The Asia Business Daily Co., Ltd. operates economic content platform for investors primarily in South Korea. The company sells contents, such as articles, photos, and analysis data to portals, securities companies, and government offices; traditional print, internet, and mobile and smart platform advertising services; engages in the human resources activities; and acts as an agent for corporate a… Read more