ZUM Internet Corp.
ESTaid Corp. provides Internet and mobile services in South Korea. The company provides Zoom.com portal site operation and application development; offers software development and sales and service business; and involves in asset management business. The company was formerly known as ZUM Internet Corp. and changed its name to ESTaid Corp. in March 2024. ESTaid Corp. was founded in 2009 and is bas… Read more
ZUM Internet Corp. (239340) - Net Assets
Latest net assets as of September 2025: ₩17.47 Billion KRW
Based on the latest financial reports, ZUM Internet Corp. (239340) has net assets worth ₩17.47 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 (₩32.53 Billion) and total liabilities (₩15.06 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 | ₩17.47 Billion |
| % of Total Assets | 53.71% |
| Annual Growth Rate | 10.54% |
| 5-Year Change | -22.72% |
| 10-Year Change | N/A |
| Growth Volatility | 44.71 |
ZUM Internet Corp. - Net Assets Trend (2016–2024)
This chart illustrates how ZUM Internet Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ZUM Internet Corp. (2016–2024)
The table below shows the annual net assets of ZUM Internet Corp. from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩20.69 Billion | -19.84% |
| 2023-12-31 | ₩25.82 Billion | -17.36% |
| 2022-12-31 | ₩31.24 Billion | -3.52% |
| 2021-12-31 | ₩32.38 Billion | +20.94% |
| 2020-12-31 | ₩26.78 Billion | +2.03% |
| 2019-12-31 | ₩26.24 Billion | +128.76% |
| 2018-12-31 | ₩11.47 Billion | +22.82% |
| 2017-12-31 | ₩9.34 Billion | +0.61% |
| 2016-12-31 | ₩9.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ZUM Internet Corp.'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 decreased by 204261.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩2.70 Billion | 13.04% |
| Other Components | ₩26.05 Billion | 125.87% |
| Total Equity | ₩20.69 Billion | 100.00% |
ZUM Internet Corp. Competitors by Market Cap
The table below lists competitors of ZUM Internet Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carrier Connect Data Solutions Inc.
V:CCDS
|
$12.44 Million |
|
Sequoia Financial Group Ltd
AU:SEQ
|
$12.44 Million |
|
Pato Chemical Industry Public Company Limited
BK:PATO
|
$12.44 Million |
|
Bergen Carbon Solutions A/S
OL:BCS
|
$12.44 Million |
|
Bambuser AB
ST:BUSER
|
$12.43 Million |
|
Bor Seker As
IS:BORSK
|
$12.43 Million |
|
Foamit Oyj
HE:FOAMIT
|
$12.42 Million |
|
LENDINVEST LTD LS -0005
F:82H
|
$12.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZUM Internet Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,187,139,800 to 20,694,835,660, a change of -4,492,304,140 (-17.8%).
- Net loss of 5,032,546,470 reduced equity.
- Other factors increased equity by 540,242,330.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-5.03 Billion | -24.32% |
| Other Changes | ₩540.24 Million | +2.61% |
| Total Change | ₩- | -17.84% |
Book Value vs Market Value Analysis
This analysis compares ZUM Internet Corp.'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: 1.83x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.73x to 1.83x 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 | ₩1934.17 | ₩1405.00 | x |
| 2017-12-31 | ₩1946.06 | ₩1405.00 | x |
| 2018-12-31 | ₩1061.42 | ₩1405.00 | x |
| 2019-12-31 | ₩979.76 | ₩1405.00 | x |
| 2020-12-31 | ₩996.12 | ₩1405.00 | x |
| 2021-12-31 | ₩1200.33 | ₩1405.00 | x |
| 2022-12-31 | ₩1158.02 | ₩1405.00 | x |
| 2023-12-31 | ₩933.56 | ₩1405.00 | x |
| 2024-12-31 | ₩767.06 | ₩1405.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZUM Internet Corp. 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): -24.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -30.69%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.78x
- Recent ROE (-24.32%) is below the historical average (-9.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.04% | 0.00% | 0.00x | 1.11x | ₩-924.46 Million |
| 2017 | 0.61% | 0.00% | 0.00x | 1.11x | ₩-877.02 Million |
| 2018 | 0.15% | 0.00% | 0.00x | 1.67x | ₩-1.13 Billion |
| 2019 | -44.92% | -47.77% | 0.72x | 1.31x | ₩-14.41 Billion |
| 2020 | 4.44% | 5.00% | 0.56x | 1.58x | ₩-1.49 Billion |
| 2021 | 16.00% | 18.00% | 0.54x | 1.65x | ₩1.94 Billion |
| 2022 | -6.51% | -8.87% | 0.51x | 1.45x | ₩-5.16 Billion |
| 2023 | -28.82% | -52.46% | 0.43x | 1.27x | ₩-9.78 Billion |
| 2024 | -24.32% | -30.69% | 0.45x | 1.78x | ₩-7.10 Billion |
Industry Comparison
This section compares ZUM Internet Corp.'s net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $153,943,241,146
- Average return on equity (ROE) among peers: 3.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZUM Internet Corp. (239340) | ₩17.47 Billion | 0.04% | 0.86x | $12.43 Million |
| KidariStudio Inc (020120) | $274.62 Billion | -1.03% | 0.38x | $39.09 Million |
| KT Hitel Corporation. Limited (036030) | $201.82 Billion | 3.60% | 0.17x | $42.65 Million |
| YTN Co.Ltd (040300) | $183.49 Billion | 1.86% | 0.70x | $3.52 Million |
| NEOWIZ HOLDINGS Corporation (042420) | $365.75 Billion | 14.15% | 1.01x | $41.06 Million |
| Genie Music Corporation (043610) | $25.03 Billion | 0.00% | 0.92x | $26.15 Million |
| NHN Bugs Corp (104200) | $67.49 Billion | -5.20% | 0.42x | $21.34 Million |
| Asia Economy Daily Co Ltd (127710) | $78.52 Billion | 11.58% | 0.64x | $15.37 Million |
| Wanted Lab Inc. (376980) | $34.82 Billion | 4.03% | 0.35x | $16.21 Million |