Millie Seojae. (418470) - Net Assets
Based on the latest financial reports, Millie Seojae. (418470) has net assets worth ₩73.86 Billion KRW (≈ $50.05 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩90.20 Billion ≈ $61.13 Million USD) and total liabilities (₩16.34 Billion ≈ $11.07 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 Millie Seojae. asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩73.86 Billion |
| % of Total Assets | 81.89% |
| Annual Growth Rate | 205.45% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 321.89 |
Millie Seojae. - Net Assets Trend (2022–2024)
This chart illustrates how Millie Seojae.'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Millie Seojae. for the complete picture of this company's asset base.
Annual Net Assets for Millie Seojae. (2022–2024)
The table below shows the annual net assets of Millie Seojae. from 2022 to 2024. For live valuation and market cap data, see 418470 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | ₩70.43 Billion ≈ $47.73 Million |
+22.02% |
| 2023-09-30 | ₩57.72 Billion ≈ $39.12 Million |
+665.80% |
| 2022-09-30 | ₩7.54 Billion ≈ $5.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Millie Seojae.'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 grown by 11051737079000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩21.97 Billion | 31.19% |
| Common Stock | ₩4.25 Billion | 6.03% |
| Other Components | ₩44.22 Billion | 62.78% |
| Total Equity | ₩70.43 Billion | 100.00% |
Millie Seojae. Competitors by Market Cap
The table below lists competitors of Millie Seojae. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Great Elm Capital Corp
NASDAQ:GECC
|
$77.83 Million |
|
Johnson Chemical Pharmaceutical Works Co Ltd
TWO:4747
|
$77.86 Million |
|
Ci&T Inc
NYSE:CINT
|
$77.86 Million |
|
Fast Food Indonesia Tbk
JK:FAST
|
$77.87 Million |
|
XL Holdings Bhd
KLSE:7121
|
$77.82 Million |
|
Fortune Parts Industry Public Company Limited
BK:FPI
|
$77.81 Million |
|
An Gia Real Estate Investment and Development Corp
VN:AGG
|
$77.81 Million |
|
Inmax Holding Co Ltd
TWO:1591
|
$77.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Millie Seojae.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 57,722,093,400 to 70,434,280,980, a change of 12,712,187,580 (22.0%).
- Net income of 11,502,934,350 contributed positively to equity growth.
- Share repurchases of 612,000,000 reduced equity.
- Other factors increased equity by 1,821,253,230.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩11.50 Billion | +16.33% |
| Share Repurchases | ₩612.00 Million | -0.87% |
| Other Changes | ₩1.82 Billion | +2.59% |
| Total Change | ₩- | 22.02% |
Book Value vs Market Value Analysis
This analysis compares Millie Seojae.'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: 1.62x
- 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 14.45x to 1.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-09-30 | ₩929.37 | ₩13430.00 | x |
| 2023-09-30 | ₩6881.27 | ₩13430.00 | x |
| 2024-09-30 | ₩8287.08 | ₩13430.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Millie Seojae. 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): 16.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.84%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.25x
- Recent ROE (16.33%) is below the historical average (72.88%), 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 | 177.11% | 29.13% | 1.66x | 3.66x | ₩12.60 Billion |
| 2023 | 25.19% | 25.70% | 0.72x | 1.36x | ₩8.77 Billion |
| 2024 | 16.33% | 15.84% | 0.82x | 1.25x | ₩4.46 Billion |
Industry Comparison
This section compares Millie Seojae.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $69,869,345,200
- Average return on equity (ROE) among peers: 6.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Millie Seojae. (418470) | ₩73.86 Billion | 177.11% | 0.22x | $77.82 Million |
| Douzone Bizon Co Ltd (012510) | $117.67 Billion | 9.16% | 0.79x | $2.28 Billion |
| NuriFlex Co.Ltd (040160) | $79.53 Billion | 0.79% | 0.93x | $128.40 Million |
| Raonsecure Co. Ltd (042510) | $38.00 Billion | 17.55% | 1.02x | $91.98 Million |
| Osangjaiel Co. Ltd (053980) | $64.51 Billion | 7.09% | 0.47x | $42.11 Million |
| Gemvaxlink Co. Ltd (064800) | $98.04 Billion | 2.92% | 2.90x | $68.25 Million |
| Mobileleader Co.Ltd (100030) | $52.35 Billion | 5.01% | 0.18x | $34.15 Million |
| Selvas Ai Inc. (108860) | $168.52 Billion | -1.51% | 0.14x | $239.67 Million |
| RSUPPORT Co. Ltd (131370) | $53.89 Billion | 9.30% | 0.09x | $91.85 Million |
| KineMaster Corporation (139670) | $14.28 Billion | 17.22% | 0.16x | $20.57 Million |
| Bflysoft Co. Ltd. (148780) | $11.91 Billion | -0.39% | 0.38x | $27.38 Million |
About Millie Seojae.
kt millie seojae Co.,Ltd provides Milli's Library, an e-book subscription-type reading platform in South Korea. The company offers audiobooks, chatbooks, object books, and docent books; and paper book subscription products. It also sells it products through B2C channel for individual customers, B2B channel for welfare subscription sales and customized library/book learning content for companies a… Read more