Foodnamoo. Inc
Foodnamoo., Inc. manufactures and sells food products in Korea and internationally. The company offers its products under the Delicious Chicken, Itmate Signature, NatureM, Freshness, Ranker, Cheatingday, Fresh Home, Shield, Eatmate, 1am, Protein Earth, and Alshev brand names. It is also involved in the manufacture and distribution of sports related products. The company was founded in 2011 and is… Read more
Foodnamoo. Inc (290720) - Net Assets
Latest net assets as of September 2025: ₩23.60 Billion KRW
Based on the latest financial reports, Foodnamoo. Inc (290720) has net assets worth ₩23.60 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 (₩88.98 Billion) and total liabilities (₩65.38 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 | ₩23.60 Billion |
| % of Total Assets | 26.52% |
| Annual Growth Rate | -7.12% |
| 5-Year Change | -96.17% |
| 10-Year Change | N/A |
| Growth Volatility | 207.94 |
Foodnamoo. Inc - Net Assets Trend (2016–2024)
This chart illustrates how Foodnamoo. Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Foodnamoo. Inc (2016–2024)
The table below shows the annual net assets of Foodnamoo. Inc from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩2.16 Billion | -90.48% |
| 2023-12-31 | ₩22.64 Billion | -52.55% |
| 2022-12-31 | ₩47.70 Billion | -12.86% |
| 2021-12-31 | ₩54.74 Billion | -2.71% |
| 2020-12-31 | ₩56.27 Billion | +10.90% |
| 2019-12-31 | ₩50.74 Billion | +5.80% |
| 2018-12-31 | ₩47.95 Billion | +604.24% |
| 2017-12-31 | ₩6.81 Billion | +74.88% |
| 2016-12-31 | ₩3.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Foodnamoo. Inc'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 1355.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩11.15 Billion | 519.04% |
| Other Components | ₩39.82 Billion | 1854.69% |
| Total Equity | ₩2.15 Billion | 100.00% |
Foodnamoo. Inc Competitors by Market Cap
The table below lists competitors of Foodnamoo. Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Test Rite International Co Ltd
TW:2908
|
$33.48 Million |
|
RenovoRx Inc
NASDAQ:RNXT
|
$33.49 Million |
|
MEGA International Development Co Ltd
TWO:5529
|
$33.50 Million |
|
Theralase Technologies Inc.
OTCQB:TLTFF
|
$33.52 Million |
|
Mithril Silver and Gold Ltd
AU:MTH
|
$33.47 Million |
|
Golden Valley Bancshares Inc
PINK:GVYB
|
$33.44 Million |
|
Lan Fa Textile Co Ltd
TW:1459
|
$33.42 Million |
|
Sumeeko Industries Co Ltd
TWO:2066
|
$33.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Foodnamoo. Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,635,376,000 to 2,147,258,220, a change of -20,488,117,780 (-90.5%).
- Net loss of 45,143,430,740 reduced equity.
- Share repurchases of 25,329,137,010 reduced equity.
- New share issuances of 26,314,787,610 increased equity.
- Other factors increased equity by 23,669,662,360.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-45.14 Billion | -2102.38% |
| Share Repurchases | ₩25.33 Billion | -1179.6% |
| Share Issuances | ₩26.31 Billion | +1225.51% |
| Other Changes | ₩23.67 Billion | +1102.32% |
| Total Change | ₩- | -90.51% |
Book Value vs Market Value Analysis
This analysis compares Foodnamoo. Inc'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: 25.98x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.53x to 25.98x 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 | ₩740.25 | ₩2610.00 | x |
| 2017-12-31 | ₩1294.53 | ₩2610.00 | x |
| 2018-12-31 | ₩7045.76 | ₩2610.00 | x |
| 2019-12-31 | ₩7516.92 | ₩2610.00 | x |
| 2020-12-31 | ₩8361.16 | ₩2610.00 | x |
| 2021-12-31 | ₩4061.80 | ₩2610.00 | x |
| 2022-12-31 | ₩3615.42 | ₩2610.00 | x |
| 2023-12-31 | ₩1794.07 | ₩2610.00 | x |
| 2024-12-31 | ₩100.45 | ₩2610.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Foodnamoo. Inc 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): -2102.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -36.37%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 50.33x
- Recent ROE (-2102.38%) is below the historical average (-225.66%), 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 | 75.62% | 13.17% | 4.41x | 1.30x | ₩2.55 Billion |
| 2017 | 57.62% | 11.27% | 3.75x | 1.36x | ₩3.24 Billion |
| 2018 | 12.61% | 11.42% | 1.02x | 1.08x | ₩1.25 Billion |
| 2019 | 8.79% | 6.88% | 1.14x | 1.12x | ₩-616.15 Million |
| 2020 | 11.18% | 5.37% | 1.76x | 1.18x | ₩666.31 Million |
| 2021 | 0.48% | 0.14% | 2.71x | 1.29x | ₩-5.21 Billion |
| 2022 | -6.93% | -1.52% | 2.05x | 2.22x | ₩-8.08 Billion |
| 2023 | -87.93% | -10.44% | 1.65x | 5.11x | ₩-22.17 Billion |
| 2024 | -2102.38% | -36.37% | 1.15x | 50.33x | ₩-45.36 Billion |
Industry Comparison
This section compares Foodnamoo. Inc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $347,104,538,814
- Average return on equity (ROE) among peers: 0.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Foodnamoo. Inc (290720) | ₩23.60 Billion | 75.62% | 2.77x | $33.47 Million |
| Daehan Flour Mills Co Ltd (001130) | $375.28 Billion | 10.46% | 0.58x | $93.34 Million |
| Daesang Corp Preference Shares (001685) | $867.27 Billion | 7.45% | 1.66x | $257.43 Million |
| Korea Ind (002140) | $32.94 Billion | 8.67% | 1.46x | $23.78 Million |
| Choheung (002600) | $97.46 Billion | 4.71% | 0.21x | $16.25 Million |
| Sam Yang Foods (003230) | $42.45 Billion | 0.00% | 5.78x | $2.87 Billion |
| Daejoo Inc (003310) | $47.85 Billion | 2.88% | 0.66x | $61.66 Million |
| Hansung Ent (003680) | $54.58 Billion | -22.33% | 2.91x | $11.05 Million |
| Namyang Dairy (003920) | $812.96 Billion | -7.24% | 0.15x | $113.23 Million |
| Namyang Dairy Products Co Ltd Peffered Series 1 (003925) | $823.93 Billion | 0.02% | 0.17x | $94.50 Million |
| Sajodaerim (003960) | $316.31 Billion | 3.14% | 1.28x | $46.36 Million |