Study King Co., Ltd.
Study King Co., Ltd. provides digital learning content. It offers audio-visual interactive learning network and teacher junior high school audio-visual interactive textbooks, as well as high school series products. Study King Co., Ltd. was founded in 2012 and is based in New Taipei City, Taiwan.
Study King Co., Ltd. (6780) - Net Assets
Latest net assets as of June 2025: NT$218.61 Million TWD
Based on the latest financial reports, Study King Co., Ltd. (6780) has net assets worth NT$218.61 Million TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$295.49 Million) and total liabilities (NT$76.88 Million). 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 | NT$218.61 Million |
| % of Total Assets | 73.98% |
| Annual Growth Rate | 2.81% |
| 5-Year Change | -4.43% |
| 10-Year Change | N/A |
| Growth Volatility | 10.58 |
Study King Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Study King 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 Study King Co., Ltd. (2019–2024)
The table below shows the annual net assets of Study King Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$223.06 Million | +7.32% |
| 2023-12-31 | NT$207.85 Million | -10.53% |
| 2022-12-31 | NT$232.31 Million | -4.75% |
| 2021-12-31 | NT$243.89 Million | +4.50% |
| 2020-12-31 | NT$233.39 Million | +20.21% |
| 2019-12-31 | NT$194.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Study King 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 36.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$15.78 Million | 7.07% |
| Common Stock | NT$164.70 Million | 73.83% |
| Other Comprehensive Income | NT$11.90 Million | 5.33% |
| Other Components | NT$30.69 Million | 13.76% |
| Total Equity | NT$223.06 Million | 100.00% |
Study King Co., Ltd. Competitors by Market Cap
The table below lists competitors of Study King Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FACT II Acquisition Corp. Warrant
NASDAQ:FACTW
|
$6.90 Million |
|
Huddlestock Fintech As
OL:HUDL
|
$6.90 Million |
|
PT Central Proteina Prima Tbk
STU:4PT
|
$6.90 Million |
|
Tsky Co.,Ltd
TWO:6784
|
$6.90 Million |
|
Ekadharma International Tbk
JK:EKAD
|
$6.90 Million |
|
Osia Hyper Retail Limited
NSE:OSIAHYPER
|
$6.89 Million |
|
IO Biotech Inc
NASDAQ:IOBT
|
$6.89 Million |
|
Tamtron Group Oyj
HE:TAMTRON
|
$6.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Study King Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 207,852,000 to 223,061,000, a change of 15,209,000 (7.3%).
- Net income of 15,209,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 11,898,000.
- Other factors decreased equity by 11,898,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$15.21 Million | +6.82% |
| Other Comprehensive Income | NT$11.90 Million | +5.33% |
| Other Changes | NT$-11.90 Million | -5.33% |
| Total Change | NT$- | 7.32% |
Book Value vs Market Value Analysis
This analysis compares Study King 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: 2.39x
- 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 | NT$14.00 | NT$32.70 | x |
| 2020-12-31 | NT$14.15 | NT$32.70 | x |
| 2021-12-31 | NT$14.79 | NT$32.70 | x |
| 2022-12-31 | NT$14.07 | NT$32.70 | x |
| 2023-12-31 | NT$12.63 | NT$32.70 | x |
| 2024-12-31 | NT$13.68 | NT$32.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Study King 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): 6.82%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.12%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 1.39x
- Recent ROE (6.82%) is below the historical average (9.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 16.69% | 6.83% | 1.73x | 1.41x | NT$12.98 Million |
| 2020 | 18.31% | 9.48% | 1.44x | 1.34x | NT$19.40 Million |
| 2021 | 7.89% | 4.76% | 1.19x | 1.39x | NT$-5.14 Million |
| 2022 | 9.18% | 5.35% | 1.23x | 1.40x | NT$-1.90 Million |
| 2023 | 0.04% | 0.03% | 1.21x | 1.36x | NT$-20.70 Million |
| 2024 | 6.82% | 4.12% | 1.19x | 1.39x | NT$-7.10 Million |
Industry Comparison
This section compares Study King Co., Ltd.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $927,680,300
- Average return on equity (ROE) among peers: -5.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Study King Co., Ltd. (6780) | NT$218.61 Million | 16.69% | 0.35x | $6.90 Million |
| Otsuka Information Technology Corp. (3570) | $579.52 Million | 12.81% | 0.32x | $38.41 Million |
| Papago Inc. (3632) | $218.97 Million | -93.30% | 2.17x | $10.89 Million |
| K Way Information (5201) | $394.19 Million | 12.17% | 0.35x | $27.70 Million |
| Cyberlink Co (5203) | $2.71 Billion | -20.79% | 0.46x | $99.87 Million |
| Taiwan Green Environment Technology Inc. (5205) | $72.57 Million | 13.76% | 0.38x | $3.05 Million |
| APEX International Financial Engineering Res & Tech Co Ltd (5210) | $755.05 Million | 0.67% | 0.36x | $39.90 Million |
| Penpower Technology Ltd (5211) | $411.83 Million | -35.47% | 0.15x | $13.45 Million |
| Dimerco Data System (5403) | $2.43 Billion | 25.00% | 0.83x | $213.17 Million |
| Insyde Software (6231) | $669.28 Million | 9.91% | 0.40x | $219.19 Million |
| Interactive Digital Technologies (6486) | $1.04 Billion | 15.45% | 0.92x | $76.03 Million |