MegaStudyEdu Co. Ltd (215200) - Net Assets
Based on the latest financial reports, MegaStudyEdu Co. Ltd (215200) has net assets worth ₩505.91 Billion KRW (≈ $342.84 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩966.76 Billion ≈ $655.16 Million USD) and total liabilities (₩460.86 Billion ≈ $312.32 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 MegaStudyEdu Co. Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩505.91 Billion |
| % of Total Assets | 52.33% |
| Annual Growth Rate | 11.72% |
| 5-Year Change | 53.63% |
| 10-Year Change | 203.58% |
| Growth Volatility | 9.41 |
MegaStudyEdu Co. Ltd - Net Assets Trend (2015–2025)
This chart illustrates how MegaStudyEdu Co. Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of MegaStudyEdu Co. Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for MegaStudyEdu Co. Ltd (2015–2025)
The table below shows the annual net assets of MegaStudyEdu Co. Ltd from 2015 to 2025. For live valuation and market cap data, see 215200 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩520.58 Billion ≈ $352.79 Million |
+11.54% |
| 2024-12-31 | ₩466.74 Billion ≈ $316.30 Million |
-2.24% |
| 2023-12-31 | ₩477.43 Billion ≈ $323.54 Million |
+13.48% |
| 2022-12-31 | ₩420.72 Billion ≈ $285.12 Million |
+24.16% |
| 2021-12-31 | ₩338.86 Billion ≈ $229.64 Million |
+27.36% |
| 2020-12-31 | ₩266.07 Billion ≈ $180.31 Million |
+7.82% |
| 2019-12-31 | ₩246.77 Billion ≈ $167.23 Million |
+15.75% |
| 2018-12-31 | ₩213.20 Billion ≈ $144.48 Million |
+19.40% |
| 2017-12-31 | ₩178.55 Billion ≈ $121.00 Million |
+4.12% |
| 2016-12-31 | ₩171.48 Billion ≈ $116.21 Million |
-0.20% |
| 2015-12-31 | ₩171.82 Billion ≈ $116.44 Million |
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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 4366.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩355.66 Billion | 71.55% |
| Other Components | ₩141.40 Billion | 28.45% |
| Total Equity | ₩497.07 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 |
|---|---|
|
Gran Tierra Energy Inc
TO:GTE
|
$267.86 Million |
|
Ashtead Group PLC
LSE:AHT
|
$268.00 Million |
|
Hsin Tai Gas Co Ltd
TWO:8917
|
$268.01 Million |
|
Blue Water Acquisition Corp. III Class A Ordinary Shares
NASDAQ:BLUW
|
$268.14 Million |
|
Eagle Point Income Company Inc
NYSE:EIC
|
$267.80 Million |
|
Liuzhou Chemical Industry Co Ltd
SHG:600423
|
$267.64 Million |
|
Daelim Paper Co.Ltd
KQ:017650
|
$267.45 Million |
|
Allot Communications Ltd
TA:ALLT
|
$267.44 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 2024 to 2025, total equity changed from 448,841,746,540 to 497,065,658,300, a change of 48,223,911,760 (10.7%).
- Net income of 85,268,305,700 contributed positively to equity growth.
- Dividend payments of 16,693,441,200 reduced retained earnings.
- Share repurchases of 20,000,366,540 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩85.27 Billion | +17.15% |
| Dividends Paid | ₩16.69 Billion | -3.36% |
| Share Repurchases | ₩20.00 Billion | -4.02% |
| Other Changes | ₩-350.59 Million | -0.07% |
| Total Change | ₩- | 10.74% |
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: 0.80x
- 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 2.58x to 0.80x 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 | ₩38150.00 | x |
| 2017-12-31 | ₩15379.34 | ₩38150.00 | x |
| 2018-12-31 | ₩18245.73 | ₩38150.00 | x |
| 2019-12-31 | ₩21175.21 | ₩38150.00 | x |
| 2020-12-31 | ₩22615.77 | ₩38150.00 | x |
| 2021-12-31 | ₩28762.25 | ₩38150.00 | x |
| 2022-12-31 | ₩35711.05 | ₩38150.00 | x |
| 2023-12-31 | ₩41174.93 | ₩38150.00 | x |
| 2024-12-31 | ₩41092.00 | ₩38150.00 | x |
| 2025-12-31 | ₩47986.13 | ₩38150.00 | 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): 17.15%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.64%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.80x
- Recent ROE (17.15%) is above the historical average (14.00%), indicating improving 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 |
| 2025 | 17.15% | 9.64% | 0.99x | 1.80x | ₩35.56 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: $278,251,839,180
- Average return on equity (ROE) among peers: 9.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MegaStudyEdu Co. Ltd (215200) | ₩505.91 Billion | 4.66% | 0.91x | $267.81 Million |
| Daekyo (019680) | $558.54 Billion | 8.80% | 0.41x | $45.60 Million |
| Daekyo Co Ltd (019685) | $643.98 Billion | 6.96% | 0.27x | $6.48 Million |
| JLS Co.Ltd (040420) | $58.36 Billion | 16.06% | 0.18x | $57.81 Million |
| Digital Daesung Co. Ltd (068930) | $64.64 Billion | 10.82% | 0.46x | $135.14 Million |
| MegaMD Co. Ltd (133750) | $65.74 Billion | 3.21% | 0.42x | $22.44 Million |
About 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