Studio Dragon Corporation (253450) - Net Assets
Based on the latest financial reports, Studio Dragon Corporation (253450) has net assets worth ₩857.14 Billion KRW (≈ $580.87 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 (₩1.13 Trillion ≈ $763.93 Million USD) and total liabilities (₩270.12 Billion ≈ $183.06 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 253450 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩857.14 Billion |
| % of Total Assets | 76.04% |
| Annual Growth Rate | 23.56% |
| 5-Year Change | 21.38% |
| 10-Year Change | N/A |
| Growth Volatility | 54.23 |
Studio Dragon Corporation - Net Assets Trend (2016–2024)
This chart illustrates how Studio Dragon Corporation's net assets have evolved over time, based on quarterly financial data. Also explore 253450 asset base for the complete picture of this company's asset base.
Annual Net Assets for Studio Dragon Corporation (2016–2024)
The table below shows the annual net assets of Studio Dragon Corporation from 2016 to 2024. For live valuation and market cap data, see Studio Dragon Corporation (253450) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩739.62 Billion ≈ $501.23 Million |
+4.50% |
| 2023-12-31 | ₩707.77 Billion ≈ $479.65 Million |
+7.12% |
| 2022-12-31 | ₩660.73 Billion ≈ $447.77 Million |
-3.38% |
| 2021-12-31 | ₩683.86 Billion ≈ $463.45 Million |
+12.23% |
| 2020-12-31 | ₩609.35 Billion ≈ $412.95 Million |
+42.29% |
| 2019-12-31 | ₩428.25 Billion ≈ $290.22 Million |
+6.72% |
| 2018-12-31 | ₩401.29 Billion ≈ $271.95 Million |
+8.91% |
| 2017-12-31 | ₩368.44 Billion ≈ $249.69 Million |
+170.70% |
| 2016-12-31 | ₩136.11 Billion ≈ $92.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Studio Dragon 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 3194.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩274.77 Billion | 37.15% |
| Common Stock | ₩15.03 Billion | 2.03% |
| Other Components | ₩449.82 Billion | 60.82% |
| Total Equity | ₩739.62 Billion | 100.00% |
Studio Dragon Corporation Competitors by Market Cap
The table below lists competitors of Studio Dragon Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LSI Industries Inc
NASDAQ:LYTS
|
$710.16 Million |
|
BIOCYTOGEN PHARMA. H YC1
F:I54
|
$710.19 Million |
|
Shenandoah Telecommunications Co
NASDAQ:SHEN
|
$710.38 Million |
|
Nanjing Port Co Ltd
SHE:002040
|
$710.45 Million |
|
Zhejiang Hengwei Battery Co. Ltd.
SHE:301222
|
$709.81 Million |
|
Jiangsu United Water Technology Co. Ltd. Cl A
SHG:603291
|
$709.72 Million |
|
NICE Information Service Co. Ltd
KQ:030190
|
$709.61 Million |
|
Shanghai Baosight Software Co Ltd B
SHG:900926
|
$709.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Studio Dragon Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 707,770,023,250 to 739,624,004,350, a change of 31,853,981,100 (4.5%).
- Net income of 33,488,155,070 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩33.49 Billion | +4.53% |
| Other Changes | ₩-1.63 Billion | -0.22% |
| Total Change | ₩- | 4.50% |
Book Value vs Market Value Analysis
This analysis compares Studio Dragon 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: 1.42x
- 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 5.64x to 1.42x 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 | ₩6176.34 | ₩34850.00 | x |
| 2017-12-31 | ₩13141.22 | ₩34850.00 | x |
| 2018-12-31 | ₩14312.59 | ₩34850.00 | x |
| 2019-12-31 | ₩15242.19 | ₩34850.00 | x |
| 2020-12-31 | ₩20308.63 | ₩34850.00 | x |
| 2021-12-31 | ₩22784.71 | ₩34850.00 | x |
| 2022-12-31 | ₩21981.51 | ₩34850.00 | x |
| 2023-12-31 | ₩23546.42 | ₩34850.00 | x |
| 2024-12-31 | ₩24606.15 | ₩34850.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Studio Dragon 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): 4.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.09%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.25x
- Recent ROE (4.53%) is below the historical average (6.06%), 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 | 5.98% | 5.27% | 0.64x | 1.78x | ₩-5.47 Billion |
| 2017 | 6.47% | 8.32% | 0.62x | 1.25x | ₩-13.00 Billion |
| 2018 | 8.93% | 9.44% | 0.74x | 1.28x | ₩-4.30 Billion |
| 2019 | 6.17% | 5.64% | 0.81x | 1.36x | ₩-16.40 Billion |
| 2020 | 4.86% | 5.63% | 0.69x | 1.24x | ₩-31.32 Billion |
| 2021 | 5.71% | 8.02% | 0.55x | 1.29x | ₩-29.34 Billion |
| 2022 | 7.65% | 7.24% | 0.64x | 1.65x | ₩-15.51 Billion |
| 2023 | 4.25% | 3.99% | 0.69x | 1.54x | ₩-40.69 Billion |
| 2024 | 4.53% | 6.09% | 0.59x | 1.25x | ₩-40.47 Billion |
Industry Comparison
This section compares Studio Dragon Corporation's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $682,005,326,565
- Average return on equity (ROE) among peers: -6.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Studio Dragon Corporation (253450) | ₩857.14 Billion | 5.98% | 0.32x | $709.90 Million |
| IHQ Inc (003560) | $227.72 Billion | 1.10% | 0.12x | $39.98 Million |
| KIWI Media Group Co.Ltd (012170) | $45.19 Billion | -14.57% | 0.51x | $17.62 Million |
| Barunson Co. Ltd (018700) | $48.96 Billion | -26.97% | 0.12x | $13.09 Million |
| Fantagio Corp (032800) | $47.53 Billion | -18.24% | 0.19x | $10.59 Million |
| Taegu Broadcasting Corporation (033830) | $97.49 Billion | 3.70% | 0.05x | $38.38 Million |
| Seoul Broadcasting System (034120) | $601.82 Billion | 6.41% | 0.27x | $199.86 Million |
| CJ ENM CO. Ltd (035760) | $4.18 Trillion | -7.56% | 1.38x | $760.56 Million |
| JYP Entertainment Corporation (035900) | $46.70 Billion | 0.00% | 0.48x | $1.41 Billion |
| Jcontentree Corp (036420) | $697.79 Billion | -7.53% | 2.22x | $78.33 Million |
| SM Entertainment Co. Ltd (041510) | $829.08 Billion | 2.21% | 0.71x | $1.50 Billion |
About Studio Dragon Corporation
Studio Dragon Corporation, a drama studio, produces and provides drama contents worldwide. The company was founded in 2016 and is headquartered in Seoul, South Korea. Studio Dragon Corporation is a subsidiary of CJ ENM Co., Ltd.