Gravity Co. Ltd (GD8A) - Net Assets
Based on the latest financial reports, Gravity Co. Ltd (GD8A) has net assets worth €637.37 Billion EUR (≈ $745.15 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€742.66 Billion ≈ $868.25 Billion USD) and total liabilities (€105.30 Billion ≈ $123.10 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 Gravity Co. Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €637.37 Billion |
| % of Total Assets | 85.82% |
| Annual Growth Rate | 40.39% |
| 5-Year Change | 158.21% |
| 10-Year Change | N/A |
| Growth Volatility | 16.65 |
Gravity Co. Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Gravity Co. Ltd's net assets have evolved over time, based on quarterly financial data. See Gravity Co. Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Gravity Co. Ltd (2016–2025)
The table below shows the annual net assets of Gravity Co. Ltd from 2016 to 2025. For live valuation and market cap data, see Gravity Co. Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €637.37 Billion ≈ $745.15 Billion |
+12.14% |
| 2024-12-31 | €568.36 Billion ≈ $664.48 Billion |
+22.56% |
| 2023-12-31 | €463.73 Billion ≈ $542.15 Billion |
+40.45% |
| 2022-12-31 | €330.18 Billion ≈ $386.01 Billion |
+33.76% |
| 2021-12-31 | €246.84 Billion ≈ $288.58 Billion |
+39.18% |
| 2020-12-31 | €177.35 Billion ≈ $207.34 Billion |
+53.20% |
| 2019-12-31 | €115.77 Billion ≈ $135.34 Billion |
+53.23% |
| 2018-12-31 | €75.55 Billion ≈ $88.33 Billion |
+71.72% |
| 2017-12-31 | €44.00 Billion ≈ $51.44 Billion |
+46.20% |
| 2016-12-31 | €30.09 Billion ≈ $35.18 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Gravity 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 grown by 58097584100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €580.88 Billion | 91.21% |
| Other Components | €55.98 Billion | 8.79% |
| Total Equity | €636.86 Billion | 100.00% |
Gravity Co. Ltd Competitors by Market Cap
The table below lists competitors of Gravity Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gladstone Land Corporation
NASDAQ:LAND
|
$368.44 Million |
|
Shinsegae Inte
KO:031430
|
$368.44 Million |
|
Dingdong (Cayman) Limited ADR
NYSE:DDL
|
$368.51 Million |
|
CellaVision AB
ST:CEVI
|
$368.59 Million |
|
Fujian SBS Zipper Science Tech
SHE:002098
|
$368.28 Million |
|
SNDL Inc.
NASDAQ:SNDL
|
$368.23 Million |
|
Enviro Infra Engineers Ltd
NSE:EIEL
|
$368.14 Million |
|
Holsin Engineering Consulting
SHG:603909
|
$368.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gravity Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 567,672,000,000 to 636,858,000,000, a change of 69,186,000,000 (12.2%).
- Net income of 67,464,000,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €67.46 Billion | +10.59% |
| Other Changes | €1.72 Billion | +0.27% |
| Total Change | €- | 12.19% |
Book Value vs Market Value Analysis
This analysis compares Gravity 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: 0.00x
- 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 | €6412.53 | €48.20 | x |
| 2018-12-31 | €10959.72 | €48.20 | x |
| 2019-12-31 | €16627.67 | €48.20 | x |
| 2020-12-31 | €25489.88 | €48.20 | x |
| 2021-12-31 | €35411.49 | €48.20 | x |
| 2022-12-31 | €47421.59 | €48.20 | x |
| 2023-12-31 | €66641.77 | €48.20 | x |
| 2024-12-31 | €81692.35 | €48.20 | x |
| 2025-12-31 | €91648.75 | €48.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gravity 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): 10.59%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.04%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.17x
- Recent ROE (10.59%) is below the historical average (24.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.82% | 0.49% | 0.93x | 1.80x | €-2.82 Billion |
| 2017 | 29.89% | 9.40% | 1.22x | 2.60x | €8.86 Billion |
| 2018 | 41.29% | 10.96% | 1.66x | 2.27x | €23.83 Billion |
| 2019 | 34.51% | 11.05% | 2.06x | 1.52x | €28.32 Billion |
| 2020 | 35.32% | 15.41% | 1.53x | 1.50x | €44.84 Billion |
| 2021 | 26.80% | 15.93% | 1.26x | 1.33x | €41.34 Billion |
| 2022 | 25.24% | 17.94% | 1.04x | 1.35x | €50.21 Billion |
| 2023 | 28.51% | 18.20% | 1.25x | 1.25x | €85.71 Billion |
| 2024 | 14.96% | 16.96% | 0.73x | 1.21x | €28.15 Billion |
| 2025 | 10.59% | 12.04% | 0.75x | 1.17x | €3.78 Billion |
Industry Comparison
This section compares Gravity Co. Ltd's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $14,131,395,404
- Average return on equity (ROE) among peers: -27.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gravity Co. Ltd (GD8A) | €637.37 Billion | 0.82% | 0.17x | $368.29 Million |
| IDREAMSKY TE+H. DL-0001 (08IA) | $1.46 Billion | -36.34% | 1.47x | $88.29 Million |
| OURGAME INT.HOL.DL-00005 (13O) | $666.22 Million | -4.44% | 0.16x | $16.17 Million |
| CREATIVEF. G.S.A-K ZY-23 (19F) | $1.96 Million | -121.73% | 0.15x | $1.02 Million |
| Boyaa Interactive International Limited (1BY) | $2.27 Billion | 8.90% | 0.12x | $221.60 Million |
| STILLFRONT GRP AB SK-07 (1YS0) | $3.99 Billion | -60.15% | 1.76x | $192.76 Million |
| 5TH PLANET GAMES DK -50 (2HG1) | $23.46 Million | -69.28% | 0.21x | $29.90 Million |
| MOVIE GAMES S.A. ZY1 (2LH) | $29.32 Million | 5.13% | 0.30x | $4.33 Million |
| NetDragon Websoft Holdings Limited (3ND) | $4.80 Billion | 11.37% | 0.41x | $507.26 Million |
| BAKED GAMES SA ZY-10 (4U6) | $2.54 Million | -31.60% | 0.13x | $1.36 Million |
| NETEASE INC. O.N. (4Y01) | $128.08 Billion | 22.97% | 0.45x | $62.70 Billion |
About Gravity Co. Ltd
Gravity Co., Ltd. develops and publishes online and mobile games worldwide. It offers massively multiplayer online role-playing games, including Ragnarok Online, Dragonica, Requiem Online, R.O.S.E. Online, Ragnarok Online II, and Ragnarok Landverse, as well as character-based merchandise and animation. Its mobile games portfolio includes Ragnarok M; Eternal Love; Ragnarok Origin; Ragnarok X: Next… Read more