YLAB Corporation
YLAB Corporation operates as a content production company in South Korea, Japan, and Vietnam. It engages in the planning and production of webtoon works, as well as video works; and operation of Naver Webtoon platform. The company was founded in 2010 and is based in Seoul, South Korea.
YLAB Corporation (432430) - Net Assets
Latest net assets as of March 2025: ₩32.64 Billion KRW
Based on the latest financial reports, YLAB Corporation (432430) has net assets worth ₩32.64 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 (₩51.72 Billion) and total liabilities (₩19.08 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 | ₩32.64 Billion |
| % of Total Assets | 63.1% |
| Annual Growth Rate | 75.26% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 90.7 |
YLAB Corporation - Net Assets Trend (2022–2024)
This chart illustrates how YLAB Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for YLAB Corporation (2022–2024)
The table below shows the annual net assets of YLAB Corporation from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | ₩34.27 Billion | +6.70% |
| 2023-09-30 | ₩32.12 Billion | +188.09% |
| 2022-09-30 | ₩11.15 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to YLAB Corporation'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 1443584491000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩8.22 Billion | 23.99% |
| Other Components | ₩55.59 Billion | 162.21% |
| Total Equity | ₩34.27 Billion | 100.00% |
YLAB Corporation Competitors by Market Cap
The table below lists competitors of YLAB Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TS Corp Preference Shares
KO:001795
|
$22.11 Million |
|
Chuwa Wool Industry Co Taiwan Ltd
TW:1439
|
$22.11 Million |
|
X4 PHARMACEUTIC. DL-001
F:48Q
|
$22.13 Million |
|
Atara Biotherapeutics Inc
NASDAQ:ATRA
|
$22.13 Million |
|
Fortune Minerals Limited
PINK:FTMDF
|
$22.10 Million |
|
InkTec Co. Ltd
KQ:049550
|
$22.10 Million |
|
Daishin Information & Communications Co.Ltd
KQ:020180
|
$22.09 Million |
|
Fu Yu Property Co Ltd
TWO:4907
|
$22.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in YLAB Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 32,118,114,450 to 34,268,976,860, a change of 2,150,862,410 (6.7%).
- Net loss of 8,347,060,990 reduced equity.
- Share repurchases of 16,892,169,200 reduced equity.
- Other factors increased equity by 27,390,092,600.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-8.35 Billion | -24.36% |
| Share Repurchases | ₩16.89 Billion | -49.29% |
| Other Changes | ₩27.39 Billion | +79.93% |
| Total Change | ₩- | 6.70% |
Book Value vs Market Value Analysis
This analysis compares YLAB Corporation'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: 1.64x
- 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 4.86x to 1.64x 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 | ₩704.20 | ₩3425.00 | x |
| 2023-09-30 | ₩2005.52 | ₩3425.00 | x |
| 2024-09-30 | ₩2084.45 | ₩3425.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently YLAB Corporation 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): -24.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.43%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.58x
- Recent ROE (-24.36%) is below the historical average (-16.14%), 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 | -5.13% | -1.92% | 1.54x | 1.74x | ₩-1.69 Billion |
| 2023 | -18.94% | -31.33% | 0.42x | 1.44x | ₩-9.30 Billion |
| 2024 | -24.36% | -33.43% | 0.46x | 1.58x | ₩-11.77 Billion |
Industry Comparison
This section compares YLAB Corporation'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 |
|---|---|---|---|---|
| YLAB Corporation (432430) | ₩32.64 Billion | -5.13% | 0.58x | $22.10 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 |