NetDragon Websoft Holdings Limited (3ND) - Net Assets
Based on the latest financial reports, NetDragon Websoft Holdings Limited (3ND) has net assets worth €5.59 Billion EUR (≈ $6.53 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€10.22 Billion ≈ $11.95 Billion USD) and total liabilities (€4.64 Billion ≈ $5.42 Billion 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 asset resilience ratio of NetDragon Websoft Holdings Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €5.59 Billion |
| % of Total Assets | 54.64% |
| Annual Growth Rate | 2.19% |
| 5-Year Change | -11.82% |
| 10-Year Change | 36.3% |
| Growth Volatility | 10.86 |
NetDragon Websoft Holdings Limited - Net Assets Trend (2013–2024)
This chart illustrates how NetDragon Websoft Holdings Limited's net assets have evolved over time, based on quarterly financial data. Also explore NetDragon Websoft Holdings Limited total assets for the complete picture of this company's asset base.
Annual Net Assets for NetDragon Websoft Holdings Limited (2013–2024)
The table below shows the annual net assets of NetDragon Websoft Holdings Limited from 2013 to 2024. For live valuation and market cap data, see 3ND company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €5.87 Billion ≈ $6.86 Billion |
-4.99% |
| 2023-12-31 | €6.17 Billion ≈ $7.22 Billion |
-6.44% |
| 2022-12-31 | €6.60 Billion ≈ $7.71 Billion |
-6.72% |
| 2021-12-31 | €7.07 Billion ≈ $8.27 Billion |
+6.35% |
| 2020-12-31 | €6.65 Billion ≈ $7.78 Billion |
+24.08% |
| 2019-12-31 | €5.36 Billion ≈ $6.27 Billion |
+11.71% |
| 2018-12-31 | €4.80 Billion ≈ $5.61 Billion |
+7.02% |
| 2017-12-31 | €4.48 Billion ≈ $5.24 Billion |
+17.13% |
| 2016-12-31 | €3.83 Billion ≈ $4.48 Billion |
-11.05% |
| 2015-12-31 | €4.30 Billion ≈ $5.03 Billion |
-6.80% |
| 2014-12-31 | €4.62 Billion ≈ $5.40 Billion |
-0.12% |
| 2013-12-31 | €4.62 Billion ≈ $5.40 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to NetDragon Websoft Holdings Limited'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 6.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.34 Billion | 57.29% |
| Other Components | €2.49 Billion | 42.71% |
| Total Equity | €5.83 Billion | 100.00% |
NetDragon Websoft Holdings Limited Competitors by Market Cap
The table below lists competitors of NetDragon Websoft Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zbom Cabinets Co Ltd
SHG:603801
|
$555.51 Million |
|
Ledman Optoelectronic Co Ltd
SHE:300162
|
$556.17 Million |
|
Xilinmen Furniture Co Ltd
SHG:603008
|
$556.17 Million |
|
Zoje Resources Investment Co Ltd
SHE:002021
|
$556.30 Million |
|
Quantum eMotion Corp.
V:QNC
|
$555.41 Million |
|
Invesco Trust For Inv Grade Munis
NYSE:VGM
|
$555.34 Million |
|
CEVA Inc
NASDAQ:CEVA
|
$554.81 Million |
|
Shanghai Tianchen Co Ltd
SHG:600620
|
$554.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NetDragon Websoft Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,895,000,000 to 5,827,000,000, a change of -68,000,000 (-1.2%).
- Net income of 311,000,000 contributed positively to equity growth.
- Dividend payments of 453,000,000 reduced retained earnings.
- Other factors increased equity by 74,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €311.00 Million | +5.34% |
| Dividends Paid | €453.00 Million | -7.77% |
| Other Changes | €74.00 Million | +1.27% |
| Total Change | €- | -1.15% |
Book Value vs Market Value Analysis
This analysis compares NetDragon Websoft Holdings Limited'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: 0.09x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €8.51 | €0.94 | x |
| 2018-12-31 | €9.29 | €0.94 | x |
| 2019-12-31 | €10.55 | €0.94 | x |
| 2020-12-31 | €12.13 | €0.94 | x |
| 2021-12-31 | €13.45 | €0.94 | x |
| 2022-12-31 | €12.76 | €0.94 | x |
| 2023-12-31 | €11.10 | €0.94 | x |
| 2024-12-31 | €10.97 | €0.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NetDragon Websoft Holdings Limited 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): 5.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.14%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.79x
- Recent ROE (5.34%) is below the historical average (17.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 133.06% | 694.25% | 0.16x | 1.18x | €5.68 Billion |
| 2014 | 3.87% | 18.35% | 0.18x | 1.15x | €-280.01 Million |
| 2015 | -3.33% | -11.24% | 0.23x | 1.28x | €-572.36 Million |
| 2016 | -5.26% | -7.26% | 0.58x | 1.24x | €-588.12 Million |
| 2017 | -0.46% | -0.54% | 0.66x | 1.28x | €-475.76 Million |
| 2018 | 11.06% | 10.83% | 0.75x | 1.37x | €52.29 Million |
| 2019 | 14.42% | 13.93% | 0.75x | 1.39x | €247.58 Million |
| 2020 | 14.01% | 15.54% | 0.61x | 1.47x | €272.77 Million |
| 2021 | 14.52% | 15.10% | 0.65x | 1.49x | €330.62 Million |
| 2022 | 12.09% | 10.60% | 0.71x | 1.60x | €144.10 Million |
| 2023 | 9.33% | 7.75% | 0.68x | 1.76x | €-39.50 Million |
| 2024 | 5.34% | 5.14% | 0.58x | 1.79x | €-271.70 Million |
Industry Comparison
This section compares NetDragon Websoft Holdings Limited's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $855,860,484
- Average return on equity (ROE) among peers: -19.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NetDragon Websoft Holdings Limited (3ND) | €5.59 Billion | 133.06% | 0.83x | $555.49 Million |
| Boyaa Interactive International Limited (1BY) | $2.22 Billion | 10.94% | 0.13x | $227.49 Million |
| STILLFRONT GRP AB SK-07 (1YS0) | $3.99 Billion | -60.15% | 1.76x | $192.76 Million |
| 5TH PLANET GAMES DK -50 (2HG1) | $80.72 Million | -6.12% | 0.02x | $49.39 Million |
| MOVIE GAMES S.A. ZY1 (2LH) | $29.32 Million | 5.13% | 0.30x | $4.33 Million |
| ASIASOFT CORP.-NVDR-05 (5ASA) | $1.35 Billion | 10.57% | 0.32x | $19.97 Million |
| PLAY2CHILL S.A. ZY -10 (688) | $4.10 Million | 9.86% | 0.44x | $1.77 Million |
| PUNCH PUNK S.A. ZY-10 (6K7) | $4.09 Million | -9.68% | 0.46x | $390.05K |
| IMAGE POWER S.A. ZY -10 (7UQ) | $660.70K | -132.58% | 4.33x | $724.14K |
| SIMFABRIC SA ZY-10 (853) | $19.32 Million | -6.66% | 0.54x | $4.62 Million |
About NetDragon Websoft Holdings Limited
NetDragon Websoft Holdings Limited provides online and mobile games the People's Republic of China, the United States, the United Kingdom, and internationally. The company's games for kids include JumpStart, School of Dragons, Neopets, World of Madagascar, and Math Blaster; and other games comprise Eudemons Online, Conquer Online, Way of the Five, Conquer Online and Adventure Navigation, and othe… Read more