Studio Mir Co. Ltd.
Studio Mir Co., LTD operates as an animation production and planning company. The company was founded in 1986 and is headquartered in Seoul, South Korea.
Studio Mir Co. Ltd. (408900) - Net Assets
Latest net assets as of March 2025: ₩38.53 Billion KRW
Based on the latest financial reports, Studio Mir Co. Ltd. (408900) has net assets worth ₩38.53 Billion KRW as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩42.10 Billion) and total liabilities (₩3.57 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 | ₩38.53 Billion |
| % of Total Assets | 91.51% |
| Annual Growth Rate | 36.81% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 34.8 |
Studio Mir Co. Ltd. - Net Assets Trend (2022–2024)
This chart illustrates how Studio Mir Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Studio Mir Co. Ltd. (2022–2024)
The table below shows the annual net assets of Studio Mir Co. Ltd. from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩39.21 Billion | +6.39% |
| 2023-12-31 | ₩36.85 Billion | +75.99% |
| 2022-12-31 | ₩20.94 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Studio Mir 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 1.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩10.77 Billion | 27.47% |
| Common Stock | ₩3.28 Billion | 8.37% |
| Other Components | ₩25.16 Billion | 64.16% |
| Total Equity | ₩39.21 Billion | 100.00% |
Studio Mir Co. Ltd. Competitors by Market Cap
The table below lists competitors of Studio Mir Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WOOJUNG BIO Inc
KQ:215380
|
$18.28 Million |
|
Toray Textiles (Thailand) Public Company Limited
BK:TTT
|
$18.29 Million |
|
CEL-SCI CORP. NEW DL-01
F:LSRM
|
$18.29 Million |
|
Vrc Real Estate and Investment JSC
VN:VRC
|
$18.29 Million |
|
Intrepid Metals Corp.
OTCQB:IMTCF
|
$18.27 Million |
|
Rank Progress S.A.
WAR:RNK
|
$18.26 Million |
|
Mospec Semiconductor Corp
TW:2434
|
$18.26 Million |
|
Ekiz Kimya Sanayi ve Ticaret AS
IS:EKIZ
|
$18.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Studio Mir Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,852,474,560 to 39,208,832,820, a change of 2,356,358,260 (6.4%).
- Net income of 108,524,280 contributed positively to equity growth.
- Share repurchases of 2,541,281,700 reduced equity.
- Other factors increased equity by 4,789,115,680.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩108.52 Million | +0.28% |
| Share Repurchases | ₩2.54 Billion | -6.48% |
| Other Changes | ₩4.79 Billion | +12.21% |
| Total Change | ₩- | 6.39% |
Book Value vs Market Value Analysis
This analysis compares Studio Mir 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: 2.01x
- 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 2.99x to 2.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩807.77 | ₩2415.00 | x |
| 2023-12-31 | ₩1168.61 | ₩2415.00 | x |
| 2024-12-31 | ₩1198.83 | ₩2415.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Studio Mir 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): 0.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.62%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.11x
- Recent ROE (0.28%) is below the historical average (4.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 7.22% | 5.86% | 1.02x | 1.21x | ₩-582.96 Million |
| 2023 | 6.79% | 10.81% | 0.57x | 1.10x | ₩-1.18 Billion |
| 2024 | 0.28% | 0.62% | 0.40x | 1.11x | ₩-3.81 Billion |
Industry Comparison
This section compares Studio Mir Co. Ltd.'s net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $509,385,248,852
- Average return on equity (ROE) among peers: -31.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Studio Mir Co. Ltd. (408900) | ₩38.53 Billion | 7.22% | 0.09x | $18.28 Million |
| IHQ Inc (003560) | $23.24 Billion | -34.06% | 0.70x | $13.43 Million |
| KIWI Media Group Co.Ltd (012170) | $52.24 Billion | -50.81% | 1.38x | $4.35 Million |
| Barunson Co. Ltd (018700) | $8.26 Billion | -238.84% | 2.23x | $7.40 Million |
| Fantagio Corp (032800) | $18.25 Billion | 2.84% | 0.12x | $7.62 Million |
| Taegu Broadcasting Corporation (033830) | $94.48 Billion | 4.53% | 0.06x | $23.00 Million |
| Seoul Broadcasting System (034120) | $562.99 Billion | 2.67% | 0.94x | $135.19 Million |
| CJ ENM CO. Ltd (035760) | $3.55 Trillion | -3.38% | 1.91x | $445.25 Million |
| JYP Entertainment Corporation (035900) | $58.38 Billion | 5.47% | 0.27x | $1.25 Billion |
| Jcontentree Corp (036420) | $697.79 Billion | -7.53% | 2.22x | $51.93 Million |
| Blueberry NFT CO.LTD (044480) | $26.06 Billion | 0.30% | 0.10x | $5.67 Million |