MegaStudyEdu Co. Ltd
MegaStudyEdu Co. Ltd. provides online and offline educational services primarily in South Korea. It engages in the provision of online education academy, education information, entrance examination consulting, offline school direct management, education-related database, publishing services, etc. The company provides its services to elementary, middle, and high school students. MegaStudyEdu Co. L… Read more
MegaStudyEdu Co. Ltd (215200) - Net Assets
Latest net assets as of September 2025: ₩516.82 Billion KRW
Based on the latest financial reports, MegaStudyEdu Co. Ltd (215200) has net assets worth ₩516.82 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 (₩865.52 Billion) and total liabilities (₩348.70 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 | ₩516.82 Billion |
| % of Total Assets | 59.71% |
| Annual Growth Rate | 11.74% |
| 5-Year Change | 75.42% |
| 10-Year Change | N/A |
| Growth Volatility | 9.92 |
MegaStudyEdu Co. Ltd - Net Assets Trend (2015–2024)
This chart illustrates how MegaStudyEdu 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 MegaStudyEdu Co. Ltd (2015–2024)
The table below shows the annual net assets of MegaStudyEdu Co. Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩466.74 Billion | -2.24% |
| 2023-12-31 | ₩477.43 Billion | +13.48% |
| 2022-12-31 | ₩420.72 Billion | +24.16% |
| 2021-12-31 | ₩338.86 Billion | +27.36% |
| 2020-12-31 | ₩266.07 Billion | +7.82% |
| 2019-12-31 | ₩246.77 Billion | +15.75% |
| 2018-12-31 | ₩213.20 Billion | +19.40% |
| 2017-12-31 | ₩178.55 Billion | +4.12% |
| 2016-12-31 | ₩171.48 Billion | -0.20% |
| 2015-12-31 | ₩171.82 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to MegaStudyEdu 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 3880.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩316.97 Billion | 70.62% |
| Common Stock | ₩1.19 Billion | 0.26% |
| Other Components | ₩130.69 Billion | 29.12% |
| Total Equity | ₩448.84 Billion | 100.00% |
MegaStudyEdu Co. Ltd Competitors by Market Cap
The table below lists competitors of MegaStudyEdu Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Sampoerna Agro Tbk
F:SZ31
|
$181.71 Million |
|
Rongsheng Paper
SHG:603165
|
$181.75 Million |
|
Caribou Biosciences Inc
NASDAQ:CRBU
|
$181.77 Million |
|
Panda Dairy Corp
SHE:300898
|
$181.77 Million |
|
Hangzhou Innover Technology Co Ltd
SHE:002767
|
$181.69 Million |
|
WinMate Communication INC
TW:3416
|
$181.68 Million |
|
Shanghai Orient-Chip Technology Co. Ltd. A
SHG:688061
|
$181.66 Million |
|
Taiwan Microloops Corp.
TW:6831
|
$181.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MegaStudyEdu Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 477,426,180,440 to 448,841,746,540, a change of -28,584,433,900 (-6.0%).
- Net income of 46,172,596,410 contributed positively to equity growth.
- Dividend payments of 23,557,132,000 reduced retained earnings.
- Share repurchases of 49,282,636,040 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩46.17 Billion | +10.29% |
| Dividends Paid | ₩23.56 Billion | -5.25% |
| Share Repurchases | ₩49.28 Billion | -10.98% |
| Other Changes | ₩-1.92 Billion | -0.43% |
| Total Change | ₩- | -5.99% |
Book Value vs Market Value Analysis
This analysis compares MegaStudyEdu 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: 1.05x
- 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 2.93x to 1.05x 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 | ₩14770.26 | ₩43250.00 | x |
| 2017-12-31 | ₩15379.34 | ₩43250.00 | x |
| 2018-12-31 | ₩18245.73 | ₩43250.00 | x |
| 2019-12-31 | ₩21175.21 | ₩43250.00 | x |
| 2020-12-31 | ₩22615.77 | ₩43250.00 | x |
| 2021-12-31 | ₩28762.25 | ₩43250.00 | x |
| 2022-12-31 | ₩35711.05 | ₩43250.00 | x |
| 2023-12-31 | ₩41174.93 | ₩43250.00 | x |
| 2024-12-31 | ₩41092.00 | ₩43250.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MegaStudyEdu 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): 10.29%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.90%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.96x
- Recent ROE (10.29%) is below the historical average (13.69%), 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 | 4.66% | 6.39% | 0.55x | 1.33x | ₩-9.18 Billion |
| 2016 | 1.84% | 1.81% | 0.75x | 1.35x | ₩-13.99 Billion |
| 2017 | 5.41% | 3.83% | 0.89x | 1.59x | ₩-8.19 Billion |
| 2018 | 19.16% | 11.45% | 0.97x | 1.72x | ₩19.53 Billion |
| 2019 | 19.06% | 10.75% | 1.01x | 1.75x | ₩22.35 Billion |
| 2020 | 8.08% | 4.53% | 0.86x | 2.08x | ₩-5.12 Billion |
| 2021 | 23.95% | 11.53% | 0.97x | 2.14x | ₩47.28 Billion |
| 2022 | 24.62% | 12.39% | 0.92x | 2.15x | ₩61.53 Billion |
| 2023 | 19.82% | 10.12% | 0.98x | 2.00x | ₩46.86 Billion |
| 2024 | 10.29% | 4.90% | 1.07x | 1.96x | ₩1.29 Billion |
Industry Comparison
This section compares MegaStudyEdu Co. Ltd's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $228,076,452,351
- Average return on equity (ROE) among peers: 14.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MegaStudyEdu Co. Ltd (215200) | ₩516.82 Billion | 4.66% | 0.67x | $181.69 Million |
| Daekyo (019680) | $676.93 Billion | 6.17% | 0.27x | $24.61 Million |
| Daekyo Co Ltd (019685) | $613.23 Billion | 2.75% | 0.50x | $15.16 Million |
| JLS Co.Ltd (040420) | $58.36 Billion | 16.06% | 0.18x | $33.95 Million |
| Digital Daesung Co. Ltd (068930) | $83.30 Billion | 17.92% | 0.71x | $70.39 Million |
| MegaMD Co. Ltd (133750) | $62.24 Billion | -5.14% | 0.36x | $13.62 Million |
| I-Scream Edu Co.Ltd (289010) | $48.95 Billion | 21.58% | 0.41x | $8.72 Million |
| i-Scream Media CO., LTD. (461300) | $53.53 Billion | 41.85% | 0.60x | $54.35 Million |