Gs Retail (007070) - Net Assets

Latest as of September 2025: ₩3.25 Trillion KRW ≈ $2.20 Billion USD

Based on the latest financial reports, Gs Retail (007070) has net assets worth ₩3.25 Trillion KRW (≈ $2.20 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩7.76 Trillion ≈ $5.26 Billion USD) and total liabilities (₩4.51 Trillion ≈ $3.06 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 007070 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩3.25 Trillion
% of Total Assets	41.87%
Annual Growth Rate	6.32%
5-Year Change	19.28%
10-Year Change	47.36%
Growth Volatility	20.16

Gs Retail - Net Assets Trend (2011–2024)

This chart illustrates how Gs Retail's net assets have evolved over time, based on quarterly financial data. Also explore Gs Retail (007070) total assets for the complete picture of this company's asset base.

Annual Net Assets for Gs Retail (2011–2024)

The table below shows the annual net assets of Gs Retail from 2011 to 2024. For live valuation and market cap data, see Gs Retail market capitalisation.

Year	Net Assets	Change
2024-12-31	₩3.18 Trillion ≈ $2.16 Billion	-28.24%
2023-12-31	₩4.43 Trillion ≈ $3.00 Billion	+0.31%
2022-12-31	₩4.42 Trillion ≈ $3.00 Billion	+0.13%
2021-12-31	₩4.41 Trillion ≈ $2.99 Billion	+65.51%
2020-12-31	₩2.67 Trillion ≈ $1.81 Billion	+4.56%
2019-12-31	₩2.55 Trillion ≈ $1.73 Billion	+3.76%
2018-12-31	₩2.46 Trillion ≈ $1.67 Billion	+2.72%
2017-12-31	₩2.39 Trillion ≈ $1.62 Billion	+1.52%
2016-12-31	₩2.36 Trillion ≈ $1.60 Billion	+9.19%
2015-12-31	₩2.16 Trillion ≈ $1.46 Billion	+28.40%
2014-12-31	₩1.68 Trillion ≈ $1.14 Billion	+4.14%
2013-12-31	₩1.61 Trillion ≈ $1.09 Billion	+5.91%
2012-12-31	₩1.52 Trillion ≈ $1.03 Billion	+6.26%
2011-12-31	₩1.43 Trillion ≈ $972.21 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Gs Retail'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 271386888578000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩2.71 Trillion	84.63%
Other Components	₩492.98 Billion	15.37%
Total Equity	₩3.21 Trillion	100.00%

Gs Retail Competitors by Market Cap

The table below lists competitors of Gs Retail ranked by their market capitalization.

Company	Market Cap
PDF Solutions Inc NASDAQ:PDFS	$1.33 Billion
Guangzhou Risong Intelligent Technology Holding Co Ltd SHG:688090	$1.33 Billion
Yibin Tianyuan Group Co Ltd SHE:002386	$1.33 Billion
Bank Islam Malaysia Bhd KLSE:5258	$1.33 Billion
Chengdu Fusen Noble-House Industrial Co Ltd SHE:002818	$1.33 Billion
Tandem Diabetes Care Inc NASDAQ:TNDM	$1.33 Billion
Centuria Industrial REIT AU:CIP	$1.33 Billion
Thangamayil Jewellery Limited NSE:THANGAMAYL	$1.33 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Gs Retail's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 4,058,374,418,070 to 3,206,848,365,290, a change of -851,526,052,780 (-21.0%).
Net income of 2,547,581,460 contributed positively to equity growth.
Dividend payments of 59,306,172,950 reduced retained earnings.
Share repurchases of 793,378,770 reduced equity.
Other factors decreased equity by 793,974,082,520.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩2.55 Billion	+0.08%
Dividends Paid	₩59.31 Billion	-1.85%
Share Repurchases	₩793.38 Million	-0.02%
Other Changes	₩-793.97 Billion	-24.76%
Total Change	₩-	-20.98%

Book Value vs Market Value Analysis

This analysis compares Gs Retail'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: 0.61x
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.
The price-to-book ratio has decreased from 0.89x to 0.61x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	₩26368.76	₩23500.00	x
2018-12-31	₩27115.93	₩23500.00	x
2019-12-31	₩28231.75	₩23500.00	x
2020-12-31	₩29928.50	₩23500.00	x
2021-12-31	₩39823.20	₩23500.00	x
2022-12-31	₩39627.49	₩23500.00	x
2023-12-31	₩39717.88	₩23500.00	x
2024-12-31	₩38356.03	₩23500.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gs Retail 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): 0.08%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.02%
• Asset Turnover: 1.53x
• Equity Multiplier: 2.36x
Recent ROE (0.08%) is below the historical average (7.01%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	6.53%	2.35%	1.33x	2.09x	₩-49.61 Billion
2012	8.10%	2.74%	1.54x	1.91x	₩-28.99 Billion
2013	7.37%	2.53%	1.63x	1.78x	₩-42.42 Billion
2014	6.62%	2.24%	1.70x	1.74x	₩-56.87 Billion
2015	9.16%	2.62%	1.32x	2.64x	₩-15.05 Billion
2016	13.78%	3.71%	1.57x	2.37x	₩75.30 Billion
2017	5.82%	1.43%	1.62x	2.51x	₩-84.87 Billion
2018	5.78%	1.39%	1.70x	2.44x	₩-88.20 Billion
2019	6.12%	1.48%	1.28x	3.25x	₩-84.26 Billion
2020	7.31%	1.90%	1.23x	3.11x	₩-62.02 Billion
2021	20.03%	8.35%	1.03x	2.32x	₩408.31 Billion
2022	1.00%	0.36%	1.14x	2.43x	₩-364.48 Billion
2023	0.44%	0.16%	1.11x	2.47x	₩-388.16 Billion
2024	0.08%	0.02%	1.53x	2.36x	₩-318.14 Billion

Industry Comparison

This section compares Gs Retail's net assets metrics with peer companies in the Department Stores industry.

Industry Context

Industry: Department Stores
Average net assets among peers: $2,881,797,804,120
Average return on equity (ROE) among peers: -34.76%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Gs Retail (007070)	₩3.25 Trillion	6.53%	1.39x	$1.33 Billion
Shinsegae (004170)	$3.97 Trillion	14.38%	1.72x	$2.42 Billion
Daegu Dept Sto (006370)	$376.56 Billion	1.45%	0.66x	$33.69 Million
Lotte Shopping (023530)	$11.09 Trillion	-7.09%	1.96x	$2.59 Billion
Gwangjushinseg (037710)	$620.66 Billion	7.27%	0.12x	$199.00 Million
Savezone I C (067830)	$236.85 Billion	3.47%	1.00x	$81.08 Million
Hyundai Department (069960)	$3.88 Trillion	7.53%	0.54x	$1.60 Billion
JTC Inc (950170)	$3.27 Billion	-270.31%	6.94x	$143.95 Million

About Gs Retail

KO:007070 Korea Department Stores

Market Cap

$1.33 Billion

₩1.96 Trillion KRW

Market Cap Rank

#7875 Global

#228 in Korea

Share Price

₩23500.00

Change (1 day)

-0.21%

52-Week Range

₩13620.00 - ₩24000.00

All Time High

₩55006.81