Mr. Blue Corporation (207760) - Net Assets
Based on the latest financial reports, Mr. Blue Corporation (207760) has net assets worth ₩62.40 Billion KRW (≈ $42.29 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 (₩91.79 Billion ≈ $62.21 Million USD) and total liabilities (₩29.39 Billion ≈ $19.92 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 Mr. Blue Corporation to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩62.40 Billion |
| % of Total Assets | 67.98% |
| Annual Growth Rate | 11.85% |
| 5-Year Change | 9.9% |
| 10-Year Change | N/A |
| Growth Volatility | 14.58 |
Mr. Blue Corporation - Net Assets Trend (2015–2024)
This chart illustrates how Mr. Blue Corporation's net assets have evolved over time, based on quarterly financial data. See 207760 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Mr. Blue Corporation (2015–2024)
The table below shows the annual net assets of Mr. Blue Corporation from 2015 to 2024. For live valuation and market cap data, see Mr. Blue Corporation (207760) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩58.66 Billion ≈ $39.75 Million |
+5.47% |
| 2023-12-31 | ₩55.62 Billion ≈ $37.69 Million |
-18.37% |
| 2022-12-31 | ₩68.13 Billion ≈ $46.17 Million |
+4.44% |
| 2021-12-31 | ₩65.23 Billion ≈ $44.21 Million |
+22.22% |
| 2020-12-31 | ₩53.38 Billion ≈ $36.17 Million |
+24.44% |
| 2019-12-31 | ₩42.89 Billion ≈ $29.07 Million |
+33.71% |
| 2018-12-31 | ₩32.08 Billion ≈ $21.74 Million |
+11.24% |
| 2017-12-31 | ₩28.84 Billion ≈ $19.54 Million |
+8.32% |
| 2016-12-31 | ₩26.62 Billion ≈ $18.04 Million |
+24.39% |
| 2015-12-31 | ₩21.40 Billion ≈ $14.50 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Mr. Blue Corporation'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 1895.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩12.59 Billion | 21.46% |
| Common Stock | ₩8.31 Billion | 14.16% |
| Other Components | ₩37.76 Billion | 64.37% |
| Total Equity | ₩58.66 Billion | 100.00% |
Mr. Blue Corporation Competitors by Market Cap
The table below lists competitors of Mr. Blue Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ATOME ENERGY PLC LS-002
F:J6J
|
$35.58 Million |
|
Rossmax International Ltd
TWO:4121
|
$35.59 Million |
|
InspireMD Inc
NASDAQ:NSPR
|
$35.60 Million |
|
WM Technology Inc
NASDAQ:MAPS
|
$35.61 Million |
|
Kalamazoo Resources Ltd
AU:KZR
|
$35.56 Million |
|
Atlantaa Limited
NSE:ATLANTAA
|
$35.55 Million |
|
Beeline Holdings, Inc.
NASDAQ:BLNE
|
$35.54 Million |
|
Jeil Technos Co.Ltd
KQ:038010
|
$35.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mr. Blue Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 55,498,921,540 to 58,659,310,780, a change of 3,160,389,240 (5.7%).
- Net loss of 16,637,527,070 reduced equity.
- Share repurchases of 602,585,570 reduced equity.
- New share issuances of 45,696,100 increased equity.
- Other factors increased equity by 20,354,805,780.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-16.64 Billion | -28.36% |
| Share Repurchases | ₩602.59 Million | -1.03% |
| Share Issuances | ₩45.70 Million | +0.08% |
| Other Changes | ₩20.35 Billion | +34.7% |
| Total Change | ₩- | 5.69% |
Book Value vs Market Value Analysis
This analysis compares Mr. Blue Corporation'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: 0.89x
- 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 increased from 0.58x to 0.89x 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 | ₩1105.40 | ₩637.00 | x |
| 2017-12-31 | ₩1200.42 | ₩637.00 | x |
| 2018-12-31 | ₩1316.45 | ₩637.00 | x |
| 2019-12-31 | ₩1770.22 | ₩637.00 | x |
| 2020-12-31 | ₩2205.39 | ₩637.00 | x |
| 2021-12-31 | ₩878.15 | ₩637.00 | x |
| 2022-12-31 | ₩912.34 | ₩637.00 | x |
| 2023-12-31 | ₩742.22 | ₩637.00 | x |
| 2024-12-31 | ₩712.03 | ₩637.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mr. Blue Corporation 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): -28.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.65%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.62x
- Recent ROE (-28.36%) is below the historical average (2.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -28.30% | -35.44% | 0.57x | 1.40x | ₩-8.20 Billion |
| 2016 | 14.76% | 16.31% | 0.70x | 1.30x | ₩1.26 Billion |
| 2017 | 9.69% | 9.27% | 0.79x | 1.32x | ₩-89.07 Million |
| 2018 | 8.59% | 8.89% | 0.70x | 1.38x | ₩-453.07 Million |
| 2019 | 28.08% | 18.85% | 1.03x | 1.45x | ₩7.75 Billion |
| 2020 | 22.95% | 15.18% | 1.15x | 1.32x | ₩6.91 Billion |
| 2021 | 10.34% | 10.98% | 0.76x | 1.24x | ₩221.27 Million |
| 2022 | 4.58% | 4.04% | 0.57x | 2.00x | ₩-3.69 Billion |
| 2023 | -20.22% | -15.14% | 0.64x | 2.08x | ₩-16.77 Billion |
| 2024 | -28.36% | -23.65% | 0.74x | 1.62x | ₩-22.50 Billion |
Industry Comparison
This section compares Mr. Blue Corporation's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $112,179,188,920
- Average return on equity (ROE) among peers: -10.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mr. Blue Corporation (207760) | ₩62.40 Billion | -28.30% | 0.47x | $35.56 Million |
| YeaRimDang Publishing Co. Ltd (036000) | $128.16 Billion | -31.39% | 5.70x | $51.20 Million |
| Samsung Publis (068290) | $41.84 Billion | 4.00% | 0.48x | $46.15 Million |
| Woongjin Thinkbig Co Ltd (095720) | $259.26 Billion | 5.08% | 0.91x | $51.13 Million |
| Visang Educati (100220) | $214.41 Billion | 5.26% | 0.33x | $41.76 Million |
| e-future.Co.Ltd (134060) | $17.16 Billion | 3.63% | 0.15x | $12.27 Million |
| Mico BioMed Co. Ltd. (214610) | $36.33 Billion | -70.95% | 0.69x | $13.00 Million |
| D&C Media Co.Ltd (263720) | $88.10 Billion | 12.65% | 0.31x | $76.72 Million |
About Mr. Blue Corporation
Mr. Blue Corporation operates as an entertainment company in South Korea and internationally. The company produces and distributes webtoons, comics, novels, and games through Mr. Blue platform. It is also involved in the game software manufacturing and services. Mr. Blue Corporation was founded in 2002 and is headquartered in Seoul, South Korea.