Obigo Inc.
Obigo, Inc., a Web service company, provides internet services and software products in South Korea and internationally. The company's range of solutions include HTML5 browser, app framework, and web applications for various devices and platforms, such as automotive, smart phones, smart TV, and other consumer electronics. Obigo, Inc. was founded in 1997 and is based in Seongnam-si, South Korea.
Obigo Inc. (352910) - Net Assets
Latest net assets as of September 2025: ₩36.26 Billion KRW
Based on the latest financial reports, Obigo Inc. (352910) has net assets worth ₩36.26 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 (₩51.88 Billion) and total liabilities (₩15.63 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 | ₩36.26 Billion |
| % of Total Assets | 69.88% |
| Annual Growth Rate | N/A |
| 5-Year Change | 15903.59% |
| 10-Year Change | N/A |
| Growth Volatility | 5393.94 |
Obigo Inc. - Net Assets Trend (2019–2024)
This chart illustrates how Obigo 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 Obigo Inc. (2019–2024)
The table below shows the annual net assets of Obigo Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩35.18 Billion | -4.37% |
| 2023-12-31 | ₩36.79 Billion | +5.03% |
| 2022-12-31 | ₩35.03 Billion | +26.79% |
| 2021-12-31 | ₩27.63 Billion | +12465.90% |
| 2020-12-31 | ₩219.84 Million | +101.02% |
| 2019-12-31 | ₩-21.64 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Obigo 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 1368106427000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩6.32 Billion | 17.96% |
| Other Components | ₩58.25 Billion | 165.57% |
| Total Equity | ₩35.18 Billion | 100.00% |
Obigo Inc. Competitors by Market Cap
The table below lists competitors of Obigo Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LUMI GRUPPEN AS NK -01
F:8KS
|
$26.03 Million |
|
Baolong International Co Ltd
TW:1906
|
$26.04 Million |
|
Landshuter Brauhaus AG
MU:LBH1
|
$26.05 Million |
|
Salcon Engineering Berhad
KLSE:8567
|
$26.05 Million |
|
Chu Kong Shipping Enterprises (Group) Company Limited
F:CKW
|
$26.03 Million |
|
Kodiak Copper Corp
OTCQB:KDKCF
|
$26.02 Million |
|
Y.C.C. Parts MFG Co Ltd
TW:1339
|
$26.01 Million |
|
Nui Nho Stone JSC
VN:NNC
|
$26.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Obigo Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,789,220,080 to 35,183,056,440, a change of -1,606,163,640 (-4.4%).
- Net loss of 1,666,051,580 reduced equity.
- Share repurchases of 221,497,000 reduced equity.
- New share issuances of 221,497,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-1.67 Billion | -4.74% |
| Share Repurchases | ₩221.50 Million | -0.63% |
| Share Issuances | ₩221.50 Million | +0.63% |
| Other Changes | ₩59.89 Million | +0.17% |
| Total Change | ₩- | -4.37% |
Book Value vs Market Value Analysis
This analysis compares Obigo 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: 1.56x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₩-1917.72 | ₩4330.00 | x |
| 2020-12-31 | ₩19.48 | ₩4330.00 | x |
| 2021-12-31 | ₩2413.80 | ₩4330.00 | x |
| 2022-12-31 | ₩2879.11 | ₩4330.00 | x |
| 2023-12-31 | ₩3023.91 | ₩4330.00 | x |
| 2024-12-31 | ₩2783.95 | ₩4330.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Obigo 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): -4.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.55%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.13x
- Recent ROE (-4.74%) is above the historical average (-298.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -51.08% | 1.32x | 0.00x | ₩-3.06 Billion |
| 2020 | -1759.60% | -32.05% | 1.22x | 44.99x | ₩-3.89 Billion |
| 2021 | -21.73% | -78.39% | 0.22x | 1.26x | ₩-8.77 Billion |
| 2022 | -7.26% | -23.10% | 0.28x | 1.12x | ₩-6.04 Billion |
| 2023 | 1.09% | 2.65% | 0.37x | 1.11x | ₩-3.28 Billion |
| 2024 | -4.74% | -11.55% | 0.36x | 1.13x | ₩-5.18 Billion |
Industry Comparison
This section compares Obigo Inc.'s net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $70,245,711,982
- Average return on equity (ROE) among peers: 4.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Obigo Inc. (352910) | ₩36.26 Billion | 0.00% | 0.43x | $26.03 Million |
| Kginicis Co.Ltd (035600) | $24.39 Billion | 13.54% | 1.14x | $108.80 Million |
| Nice Information & Telecommunication Inc (036800) | $55.02 Billion | 19.07% | 1.74x | $79.87 Million |
| Cafe24 Corp (042000) | $233.88 Billion | -8.02% | 0.78x | $262.68 Million |
| AhnLab Inc (053800) | $67.47 Billion | 6.13% | 0.26x | $279.44 Million |
| NHN KCP Corp (060250) | $29.81 Billion | 15.72% | 1.35x | $243.94 Million |
| Danal Co. Ltd (064260) | $150.45 Billion | -0.40% | 1.58x | $292.50 Million |
| nTels Co. Ltd (069410) | $40.68 Billion | 5.74% | 0.38x | $23.25 Million |
| Plantynet Co. Ltd (075130) | $57.32 Billion | 5.73% | 0.11x | $16.08 Million |
| Secuve Co. Ltd (131090) | $26.77 Billion | 9.63% | 0.22x | $13.85 Million |
| FASOO.COM Co Ltd (150900) | $16.67 Billion | -23.48% | 1.84x | $20.98 Million |