GS Holdings Corp (078935) - Net Assets

Latest as of December 2025: ₩19.19 Trillion KRW ≈ $13.01 Billion USD

Based on the latest financial reports, GS Holdings Corp (078935) has net assets worth ₩19.19 Trillion KRW (≈ $13.01 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 (₩35.71 Trillion ≈ $24.20 Billion USD) and total liabilities (₩16.51 Trillion ≈ $11.19 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 078935 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩19.19 Trillion
% of Total Assets	53.75%
Annual Growth Rate	9.3%
5-Year Change	35.14%
10-Year Change	115.17%
Growth Volatility	8.44

GS Holdings Corp - Net Assets Trend (2014–2025)

This chart illustrates how GS Holdings Corp's net assets have evolved over time, based on quarterly financial data. Also explore GS Holdings Corp asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for GS Holdings Corp (2014–2025)

The table below shows the annual net assets of GS Holdings Corp from 2014 to 2025. For live valuation and market cap data, see how much is GS Holdings Corp worth.

Year	Net Assets	Change
2025-12-31	₩19.19 Trillion ≈ $13.01 Billion	+3.92%
2024-12-31	₩18.47 Trillion ≈ $12.52 Billion	+4.80%
2023-12-31	₩17.63 Trillion ≈ $11.94 Billion	+6.90%
2022-12-31	₩16.49 Trillion ≈ $11.17 Billion	+16.09%
2021-12-31	₩14.20 Trillion ≈ $9.63 Billion	+32.04%
2020-12-31	₩10.76 Trillion ≈ $7.29 Billion	-2.21%
2019-12-31	₩11.00 Trillion ≈ $7.45 Billion	+4.51%
2018-12-31	₩10.52 Trillion ≈ $7.13 Billion	+8.92%
2017-12-31	₩9.66 Trillion ≈ $6.55 Billion	+8.32%
2016-12-31	₩8.92 Trillion ≈ $6.05 Billion	+10.16%
2015-12-31	₩8.10 Trillion ≈ $5.49 Billion	+12.19%
2014-12-31	₩7.22 Trillion ≈ $4.89 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to GS Holdings Corp'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 242.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩15.15 Trillion	103.05%
Total Equity	₩14.70 Trillion	100.00%

GS Holdings Corp Competitors by Market Cap

The table below lists competitors of GS Holdings Corp ranked by their market capitalization.

Company	Market Cap
NFC Indonesia PT Tbk JK:NFCX	$69.87 Million
Fire & Gas Detection Technologies Ltd TA:FGAS	$69.89 Million
Crown Confec KO:005740	$69.89 Million
Skyharbour Resources Ltd V:SYH	$69.96 Million
Cimbeton Hazirbeton ve Prefabrik Yapi Elemanlari Sanayi ve Ticaret AS IS:CMBTN	$69.81 Million
Simply Better Brands Corp V:SBBC	$69.78 Million
Malee Group Public Company Limited BK:MALEE	$69.74 Million
PYRAMID TECHNOPLAST ORD (BSE) NSE:PYRAMID	$69.74 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 14,076,817,000,000 to 14,703,329,000,000, a change of 626,512,000,000 (4.5%).
Net income of 798,737,000,000 contributed positively to equity growth.
Dividend payments of 412,862,000,000 reduced retained earnings.
Other factors increased equity by 240,637,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩798.74 Billion	+5.43%
Dividends Paid	₩412.86 Billion	-2.81%
Other Changes	₩240.64 Billion	+1.64%
Total Change	₩-	4.45%

Book Value vs Market Value Analysis

This analysis compares GS Holdings Corp'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: 0.37x
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 0.70x to 0.37x 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	₩83213.98	₩57900.00	x
2018-12-31	₩91397.61	₩57900.00	x
2019-12-31	₩95567.50	₩57900.00	x
2020-12-31	₩89926.32	₩57900.00	x
2021-12-31	₩110754.17	₩57900.00	x
2022-12-31	₩131381.71	₩57900.00	x
2023-12-31	₩142064.74	₩57900.00	x
2024-12-31	₩151533.90	₩57900.00	x
2025-12-31	₩158278.17	₩57900.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently GS Holdings Corp 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): 5.43%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.17%
• Asset Turnover: 0.71x
• Equity Multiplier: 2.43x
Recent ROE (5.43%) is below the historical average (7.55%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	-5.88%	-3.19%	0.72x	2.56x	₩-936.72 Billion
2015	7.80%	4.04%	0.64x	3.01x	₩-138.99 Billion
2016	11.57%	6.34%	0.63x	2.92x	₩109.28 Billion
2017	12.76%	6.41%	0.70x	2.85x	₩213.17 Billion
2018	10.64%	5.25%	0.76x	2.67x	₩54.16 Billion
2019	6.13%	3.11%	0.71x	2.79x	₩-343.81 Billion
2020	-2.91%	-1.57%	0.63x	2.93x	₩-1.08 Trillion
2021	14.08%	7.16%	0.65x	3.03x	₩420.14 Billion
2022	17.23%	7.45%	0.85x	2.73x	₩899.11 Billion
2023	9.67%	5.01%	0.75x	2.56x	₩-44.35 Billion
2024	4.03%	2.25%	0.72x	2.49x	₩-840.66 Billion
2025	5.43%	3.17%	0.71x	2.43x	₩-671.60 Billion

Industry Comparison

This section compares GS Holdings Corp's net assets metrics with peer companies in the Conglomerates industry.

Industry Context

Industry: Conglomerates
Average net assets among peers: $16,588,401,028,388
Average return on equity (ROE) among peers: 1.05%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
GS Holdings Corp (078935)	₩19.19 Trillion	-5.88%	0.86x	$69.83 Million
Samyang Holdings (000070)	$651.95 Billion	5.59%	0.48x	$317.93 Million
Doosan (000150)	$3.20 Trillion	2.01%	0.86x	$9.19 Billion
Doosan Pref Shs (000155)	$11.89 Trillion	-1.90%	1.54x	$1.50 Billion
Doosan Co Ltd (000157)	$7.71 Trillion	-7.18%	2.91x	$323.04 Million
Hanwha (000880)	$33.20 Trillion	1.15%	5.32x	$6.27 Billion
Hanwha Corp. Pfd. Series 1 (000885)	$39.56 Trillion	1.95%	5.37x	$5.70 Million
Hanwha Corp Preferred (00088K)	$33.20 Trillion	1.15%	5.32x	$657.61 Million
CJ Corp (001040)	$9.86 Trillion	2.09%	1.39x	$4.12 Billion
Cj Corp Pref (001045)	$14.62 Trillion	1.83%	1.76x	$137.94 Million
CJ Corp 4P Pref (00104K)	$11.99 Trillion	3.87%	1.45x	$548.23 Million

About GS Holdings Corp

KO:078935 Korea Conglomerates

Market Cap

$69.83 Million

₩103.04 Billion KRW

Market Cap Rank

#20573 Global

#1221 in Korea

Share Price

₩57900.00

Change (1 day)

-1.53%

52-Week Range

₩37300.00 - ₩62500.00

All Time High

₩62500.00