FLITTO Inc
Flitto Inc., an integrated platform and language data company, provides various translation services. The company primarily offers online-based translation platform that directly connects requesters and translators through its Website or application. It also handles various translation requests and translations, such as text, voice, image, and video. In addition, the company's platform supports a… Read more
FLITTO Inc (300080) - Net Assets
Latest net assets as of September 2025: ₩16.68 Billion KRW
Based on the latest financial reports, FLITTO Inc (300080) has net assets worth ₩16.68 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 (₩27.61 Billion) and total liabilities (₩10.93 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 | ₩16.68 Billion |
| % of Total Assets | 60.42% |
| Annual Growth Rate | N/A |
| 5-Year Change | -43.99% |
| 10-Year Change | N/A |
| Growth Volatility | 75.16 |
FLITTO Inc - Net Assets Trend (2016–2024)
This chart illustrates how FLITTO 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 FLITTO Inc (2016–2024)
The table below shows the annual net assets of FLITTO Inc from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩11.02 Billion | +151.52% |
| 2023-12-31 | ₩4.38 Billion | -63.47% |
| 2022-12-31 | ₩11.99 Billion | -30.20% |
| 2021-12-31 | ₩17.18 Billion | -12.66% |
| 2020-12-31 | ₩19.67 Billion | -18.26% |
| 2019-12-31 | ₩24.07 Billion | +264.79% |
| 2018-12-31 | ₩-14.60 Billion | -30.93% |
| 2017-12-31 | ₩-11.15 Billion | -77.98% |
| 2016-12-31 | ₩-6.27 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to FLITTO 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 3565058993000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩2.75 Billion | 24.97% |
| Other Components | ₩50.30 Billion | 456.52% |
| Total Equity | ₩11.02 Billion | 100.00% |
FLITTO Inc Competitors by Market Cap
The table below lists competitors of FLITTO Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
San Lien Technology
TWO:5493
|
$63.84 Million |
|
Micro Systemation AB (publ)
ST:MSAB-B
|
$63.85 Million |
|
AADI BIOSCIENCES DL-0001
F:3350
|
$63.87 Million |
|
Taurus Armas S.A
SA:TASA3
|
$63.88 Million |
|
Biosyent Inc.
PINK:BIOYF
|
$63.83 Million |
|
Canyon Resources Ltd
AU:CAY
|
$63.82 Million |
|
Micro Systemation AB Series B
LSE:0FBM
|
$63.78 Million |
|
Windlas Biotech Limited
NSE:WINDLAS
|
$63.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FLITTO Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,380,458,510 to 11,017,615,320, a change of 6,637,156,810 (151.5%).
- Net income of 809,330,980 contributed positively to equity growth.
- Share repurchases of 3,679,010 reduced equity.
- New share issuances of 3,679,000 increased equity.
- Other factors increased equity by 5,827,825,840.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩809.33 Million | +7.35% |
| Share Repurchases | ₩3.68 Million | -0.03% |
| Share Issuances | ₩3.68 Million | +0.03% |
| Other Changes | ₩5.83 Billion | +52.9% |
| Total Change | ₩- | 151.52% |
Book Value vs Market Value Analysis
This analysis compares FLITTO 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: 6.34x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩-62669.01 | ₩12700.00 | x |
| 2017-12-31 | ₩-109780.74 | ₩12700.00 | x |
| 2018-12-31 | ₩-6875.49 | ₩12700.00 | x |
| 2019-12-31 | ₩4664.01 | ₩12700.00 | x |
| 2020-12-31 | ₩3793.30 | ₩12700.00 | x |
| 2021-12-31 | ₩3313.01 | ₩12700.00 | x |
| 2022-12-31 | ₩2305.36 | ₩12700.00 | x |
| 2023-12-31 | ₩838.37 | ₩12700.00 | x |
| 2024-12-31 | ₩2004.35 | ₩12700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FLITTO 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): 7.35%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.99%
- • Asset Turnover: 1.23x
- • Equity Multiplier: 1.50x
- Recent ROE (7.35%) is above the historical average (-30.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | -232.47% | 0.16x | 0.00x | ₩-2.34 Billion |
| 2017 | 0.00% | -217.40% | 0.36x | 0.00x | ₩-3.71 Billion |
| 2018 | 0.00% | -107.78% | 0.88x | 0.00x | ₩-2.32 Billion |
| 2019 | -24.67% | -299.06% | 0.08x | 1.10x | ₩-8.34 Billion |
| 2020 | -22.92% | -76.51% | 0.24x | 1.26x | ₩-6.48 Billion |
| 2021 | -33.65% | -61.90% | 0.33x | 1.62x | ₩-7.50 Billion |
| 2022 | -48.94% | -43.02% | 0.55x | 2.07x | ₩-7.07 Billion |
| 2023 | -155.07% | -38.24% | 1.13x | 3.60x | ₩-7.23 Billion |
| 2024 | 7.35% | 3.99% | 1.23x | 1.50x | ₩-292.43 Million |
Industry Comparison
This section compares FLITTO Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $45,786,090,292
- Average return on equity (ROE) among peers: -4.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FLITTO Inc (300080) | ₩16.68 Billion | 0.00% | 0.66x | $63.84 Million |
| Douzone Bizon Co Ltd (012510) | $82.16 Billion | 20.47% | 1.34x | $1.46 Billion |
| NuriFlex Co.Ltd (040160) | $60.32 Billion | 2.29% | 0.53x | $46.47 Million |
| Raonsecure Co. Ltd (042510) | $50.48 Billion | 7.96% | 0.42x | $39.59 Million |
| Osangjaiel Co. Ltd (053980) | $35.39 Billion | 4.33% | 0.74x | $26.27 Million |
| Emro Inc. (058970) | $11.53 Billion | 8.73% | 1.15x | $159.67 Million |
| LONGTU KOREA Inc (060240) | $3.59 Billion | 0.00% | 5.53x | $3.02 Million |
| Younglimwon Soft Lab Co. Ltd. (060850) | $4.11 Billion | -86.33% | 4.58x | $23.73 Million |
| Gemvaxlink Co. Ltd (064800) | $169.44 Billion | -11.42% | 0.21x | $44.93 Million |
| 088340 (088340) | $8.99 Billion | 9.77% | 1.57x | $20.38 Million |
| Mobileleader Co.Ltd (100030) | $31.85 Billion | 0.00% | 0.11x | $19.75 Million |