Thread by @BangtanScholars

For our #BTSARMY finance & business enthusiasts!

Big Hit Ent. K-IFRS "Consolidated Statements of Financial Position"

2018
Total Assets: 2.06 B
Total Liabilities: 118 B
Total Equity: 87 B

2019
Total Assets: 363 B
Total Liabilities: 189 B
Total Equity: 174 B

*KRW mn* @BTS_twt

Total assets refers to the total amount of assets owned by a person or entity.

Total liabilities are the combined debts and obligations that an individual or company owes to outside parties.

@BTS_twt #BTSResearch

Total equity is the amount invested in a company by investors in exchange for stock, plus all subsequent earnings of the business, minus all subsequent dividends paid out.

@BTS_twt #BTSResearch

Big Hit Ent. K-IFRS "Consolidated Statements of Financial Position" more in-depth.

@BTS_twt #BTSResearch

Big Hit Ent., K-IFRS "Consolidated Statements of Comprehensive Income"

Sales
2018: 301 B
2019: 587 B

Operating Profit
2018: 80 B
2019: 99 B

Profit (Loss) for the yr.
2018: -70 B
2019: 72 B

*KRW mn*

@BTS_twt #BTSResearch

Big Hit Ent., K-IFRS "Consolidated Statements of Comprehensive Income" more in-depth.

@BTS_twt #BTSResearch

Big Hit Ent., K-IFRS "Consolidated Statements of Cash Flows."

*KRW mn*

Cash Flows is the net amount of cash and cash-equivalents being transferred into and out of a business.

@BTS_twt #BTSResearch

Also there is a typo in the beginning of the tweet under 2018's Total Assets: 2.06 B its suppose to be 206 B.

Thank you @SleeperSerial for pointing it out. Typing to quick or we need better glasses. Actually no, we need sleep!💜

@BTS_twt #BTSResearch

In other words Big Hit Ent. please hire us. 🤣

Also, if any of our fellow #BTSARMY want to do a thread on financial investments please do so!! Tag us to RT!

For anyone curious about the terminology used above, we suggest this website!

@BTS_twt
investopedia.com