SKONEC Entertainment Co. Ltd. (276040) - Net Assets
Based on the latest financial reports, SKONEC Entertainment Co. Ltd. (276040) has net assets worth ₩28.92 Billion KRW (≈ $19.60 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 (₩35.25 Billion ≈ $23.89 Million USD) and total liabilities (₩6.33 Billion ≈ $4.29 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 asset resilience ratio of SKONEC Entertainment Co. Ltd. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩28.92 Billion |
| % of Total Assets | 82.04% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 6.6 |
SKONEC Entertainment Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how SKONEC Entertainment Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 276040 total assets for the complete picture of this company's asset base.
Annual Net Assets for SKONEC Entertainment Co. Ltd. (2019–2024)
The table below shows the annual net assets of SKONEC Entertainment Co. Ltd. from 2019 to 2024. For live valuation and market cap data, see SKONEC Entertainment Co. Ltd. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩17.39 Billion ≈ $11.78 Million |
-23.73% |
| 2023-12-31 | ₩22.80 Billion ≈ $15.45 Million |
-10.54% |
| 2022-12-31 | ₩25.48 Billion ≈ $17.27 Million |
+5456.93% |
| 2021-12-31 | ₩-475.67 Million ≈ $-322.35K |
+73.33% |
| 2020-12-31 | ₩-1.78 Billion ≈ $-1.21 Million |
+91.94% |
| 2019-12-31 | ₩-22.13 Billion ≈ $-15.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SKONEC Entertainment 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 decreased by 2904638655000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩6.28 Billion | 36.10% |
| Other Components | ₩69.64 Billion | 400.55% |
| Total Equity | ₩17.39 Billion | 100.00% |
SKONEC Entertainment Co. Ltd. Competitors by Market Cap
The table below lists competitors of SKONEC Entertainment Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Schroder Income Growth Fund
LSE:SCF
|
$2.84 Million |
|
Society Pass Inc
NASDAQ:SOPA
|
$2.84 Million |
|
Atomic Minerals Corp
V:ATOM
|
$2.84 Million |
|
Fon SE
WAR:FON
|
$2.85 Million |
|
Schroder Real Estate Investment Trust Ltd
LSE:SREI
|
$2.84 Million |
|
Diablo Resources Ltd
AU:DBO
|
$2.84 Million |
|
Freedom Care Group Holdings Ltd
AU:FCG
|
$2.84 Million |
|
Bit Origin Ltd
NASDAQ:BTOG
|
$2.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SKONEC Entertainment Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,795,808,150 to 17,386,382,650, a change of -5,409,425,500 (-23.7%).
- Net loss of 6,646,092,840 reduced equity.
- Other factors increased equity by 1,236,667,340.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-6.65 Billion | -38.23% |
| Other Changes | ₩1.24 Billion | +7.11% |
| Total Change | ₩- | -23.73% |
Book Value vs Market Value Analysis
This analysis compares SKONEC Entertainment 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: 0.27x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₩-1833.20 | ₩327.00 | x |
| 2020-12-31 | ₩-147.72 | ₩327.00 | x |
| 2021-12-31 | ₩-39.40 | ₩327.00 | x |
| 2022-12-31 | ₩2061.45 | ₩327.00 | x |
| 2023-12-31 | ₩1815.75 | ₩327.00 | x |
| 2024-12-31 | ₩1224.89 | ₩327.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SKONEC Entertainment 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): -38.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -149.81%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.12x
- Recent ROE (-38.23%) is below the historical average (-13.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -126.00% | 0.52x | 0.00x | ₩-7.58 Billion |
| 2020 | 0.00% | -188.11% | 0.64x | 0.00x | ₩-8.69 Billion |
| 2021 | 0.00% | -62.76% | 1.11x | 0.00x | ₩-3.79 Billion |
| 2022 | -17.46% | -122.10% | 0.12x | 1.17x | ₩-7.00 Billion |
| 2023 | -23.03% | -84.83% | 0.24x | 1.13x | ₩-7.53 Billion |
| 2024 | -38.23% | -149.81% | 0.23x | 1.12x | ₩-8.38 Billion |
Industry Comparison
This section compares SKONEC Entertainment Co. Ltd.'s net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $633,143,306,359
- Average return on equity (ROE) among peers: 9.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SKONEC Entertainment Co. Ltd. (276040) | ₩28.92 Billion | 0.00% | 0.22x | $2.84 Million |
| Barunson Entertainment & Arts Corporation (035620) | $92.50 Billion | 93.02% | 0.23x | $47.41 Million |
| NCsoft Corp (036570) | $1.38 Trillion | 16.72% | 0.23x | $3.36 Billion |
| HANBIT SOFT Inc (047080) | $18.94 Billion | 0.00% | 1.31x | $22.12 Million |
| Actoz Soft Co.Ltd (052790) | $239.17 Billion | 3.11% | 0.55x | $40.72 Million |
| JOYCITY Corporation (067000) | $45.29 Billion | -11.77% | 0.30x | $95.46 Million |
| Com2uS Corporation (078340) | $1.14 Trillion | 2.93% | 0.68x | $241.50 Million |
| SundayToz Corp (123420) | $244.97 Billion | 9.61% | 0.65x | $52.37 Million |
| Nhn Entertain (181710) | $1.99 Trillion | -0.43% | 0.73x | $819.44 Million |
| DoubleU Games Co Ltd (192080) | $1.01 Trillion | -13.14% | 0.23x | $778.64 Million |
| Devsisters corporation (194480) | $179.91 Billion | -3.72% | 0.67x | $153.81 Million |
About SKONEC Entertainment Co. Ltd.
SKONEC ENTERTAINMENT Co., Ltd. engages in the development, production, and supply of software and content licensing sales. It offers VR content distribution and services. The company was founded in 2002 and is headquartered in Seoul, South Korea.