Cube Entertainment Inc
Cube Entertainment, Inc. engages in the record production, music performance, celebrity performance service, celebrity manager, and broadcast program production and supply businesses. It is also involved in entertainment management and cosmetics distribution activities. The company was formerly known as Play Cube Co., Ltd. and changed its name to Cube Entertainment, Inc. in 2011. Cube Entertainme… Read more
Cube Entertainment Inc (182360) - Net Assets
Latest net assets as of September 2025: ₩164.80 Billion KRW
Based on the latest financial reports, Cube Entertainment Inc (182360) has net assets worth ₩164.80 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 (₩313.94 Billion) and total liabilities (₩149.14 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 | ₩164.80 Billion |
| % of Total Assets | 52.49% |
| Annual Growth Rate | 25.24% |
| 5-Year Change | 331.84% |
| 10-Year Change | N/A |
| Growth Volatility | 50.7 |
Cube Entertainment Inc - Net Assets Trend (2015–2024)
This chart illustrates how Cube Entertainment 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 Cube Entertainment Inc (2015–2024)
The table below shows the annual net assets of Cube Entertainment Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩158.22 Billion | +98.72% |
| 2023-12-31 | ₩79.62 Billion | +107.43% |
| 2022-12-31 | ₩38.39 Billion | +7.26% |
| 2021-12-31 | ₩35.79 Billion | -2.33% |
| 2020-12-31 | ₩36.64 Billion | +107.99% |
| 2019-12-31 | ₩17.62 Billion | +5.33% |
| 2018-12-31 | ₩16.72 Billion | +5.93% |
| 2017-12-31 | ₩15.79 Billion | -8.33% |
| 2016-12-31 | ₩17.22 Billion | -17.42% |
| 2015-12-31 | ₩20.86 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cube Entertainment 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 12797111017000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩126.19 Billion | 80.69% |
| Common Stock | ₩7.29 Billion | 4.66% |
| Other Components | ₩22.92 Billion | 14.66% |
| Total Equity | ₩156.40 Billion | 100.00% |
Cube Entertainment Inc Competitors by Market Cap
The table below lists competitors of Cube Entertainment Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Prime Electronics & Satellitics Inc
TW:6152
|
$45.63 Million |
|
GR Silver Mining Ltd
OTCQB:GRSLF
|
$45.64 Million |
|
Sambo Motors Co. Ltd
KQ:053700
|
$45.66 Million |
|
Burelle SA
PA:BUR
|
$45.66 Million |
|
Lake Resources NL
OTCQB:LLKKF
|
$45.62 Million |
|
China Automotive Systems Inc
NASDAQ:CAAS
|
$45.61 Million |
|
TECHPOINT INC. JDR/1
F:R46
|
$45.58 Million |
|
Meka Beton Santralleri Imalat Sanayi ve Ticaret A.S.
IS:MEKAG
|
$45.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cube Entertainment Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 78,462,881,190 to 156,400,155,650, a change of 77,937,274,460 (99.3%).
- Net income of 15,985,475,900 contributed positively to equity growth.
- Share repurchases of 2,237,628,770 reduced equity.
- New share issuances of 9,999,984,800 increased equity.
- Other factors increased equity by 54,189,442,530.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩15.99 Billion | +10.22% |
| Share Repurchases | ₩2.24 Billion | -1.43% |
| Share Issuances | ₩10.00 Billion | +6.39% |
| Other Changes | ₩54.19 Billion | +34.65% |
| Total Change | ₩- | 99.33% |
Book Value vs Market Value Analysis
This analysis compares Cube Entertainment 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: 0.98x
- 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.
- The price-to-book ratio has decreased from 6.83x to 0.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩1620.31 | ₩11060.00 | x |
| 2017-12-31 | ₩1485.30 | ₩11060.00 | x |
| 2018-12-31 | ₩1573.44 | ₩11060.00 | x |
| 2019-12-31 | ₩1657.24 | ₩11060.00 | x |
| 2020-12-31 | ₩2653.56 | ₩11060.00 | x |
| 2021-12-31 | ₩2592.88 | ₩11060.00 | x |
| 2022-12-31 | ₩2811.67 | ₩11060.00 | x |
| 2023-12-31 | ₩5747.34 | ₩11060.00 | x |
| 2024-12-31 | ₩11260.80 | ₩11060.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cube Entertainment 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): 10.22%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.32%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.73x
- Recent ROE (10.22%) is above the historical average (-2.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -27.40% | -25.52% | 0.81x | 1.33x | ₩-7.80 Billion |
| 2016 | -30.09% | -26.62% | 0.91x | 1.25x | ₩-6.90 Billion |
| 2017 | -6.20% | -4.01% | 1.10x | 1.40x | ₩-2.56 Billion |
| 2018 | 6.59% | 3.20% | 1.20x | 1.72x | ₩-570.77 Million |
| 2019 | 5.60% | 3.31% | 0.93x | 1.82x | ₩-774.94 Million |
| 2020 | -0.55% | -0.55% | 0.63x | 1.61x | ₩-3.87 Billion |
| 2021 | -9.19% | -4.57% | 1.18x | 1.70x | ₩-6.87 Billion |
| 2022 | 15.93% | 5.07% | 1.14x | 2.76x | ₩2.28 Billion |
| 2023 | 13.93% | 7.68% | 0.93x | 1.95x | ₩3.09 Billion |
| 2024 | 10.22% | 7.32% | 0.81x | 1.73x | ₩345.46 Million |
Industry Comparison
This section compares Cube Entertainment Inc's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $509,385,248,852
- Average return on equity (ROE) among peers: -31.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cube Entertainment Inc (182360) | ₩164.80 Billion | -27.40% | 0.90x | $45.63 Million |
| IHQ Inc (003560) | $23.24 Billion | -34.06% | 0.70x | $13.43 Million |
| KIWI Media Group Co.Ltd (012170) | $52.24 Billion | -50.81% | 1.38x | $4.35 Million |
| Barunson Co. Ltd (018700) | $8.26 Billion | -238.84% | 2.23x | $7.40 Million |
| Fantagio Corp (032800) | $18.25 Billion | 2.84% | 0.12x | $7.62 Million |
| Taegu Broadcasting Corporation (033830) | $94.48 Billion | 4.53% | 0.06x | $23.00 Million |
| Seoul Broadcasting System (034120) | $562.99 Billion | 2.67% | 0.94x | $135.19 Million |
| CJ ENM CO. Ltd (035760) | $3.55 Trillion | -3.38% | 1.91x | $445.25 Million |
| JYP Entertainment Corporation (035900) | $58.38 Billion | 5.47% | 0.27x | $1.25 Billion |
| Jcontentree Corp (036420) | $697.79 Billion | -7.53% | 2.22x | $51.93 Million |
| Blueberry NFT CO.LTD (044480) | $26.06 Billion | 0.30% | 0.10x | $5.67 Million |