Grand Korea Leisure Co. Ltd
Grand Korea Leisure Co., Ltd. operates as a casino company in South Korea. It also provides sport team services. It serves under the Seven Luck casino brand name. The company was founded in 2005 and is based in Seoul, South Korea. Grand Korea Leisure Co., Ltd. is a subsidiary of Korea Tourism Organization.
Grand Korea Leisure Co. Ltd (114090) - Net Assets
Latest net assets as of September 2025: ₩444.03 Billion KRW
Based on the latest financial reports, Grand Korea Leisure Co. Ltd (114090) has net assets worth ₩444.03 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩648.49 Billion) and total liabilities (₩204.46 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩444.03 Billion |
| % of Total Assets | 68.47% |
| Annual Growth Rate | 0.41% |
| 5-Year Change | -14.98% |
| 10-Year Change | -9.36% |
| Growth Volatility | 10.18 |
Grand Korea Leisure Co. Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Grand Korea Leisure Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Grand Korea Leisure Co. Ltd (2013–2024)
The table below shows the annual net assets of Grand Korea Leisure Co. Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩413.55 Billion | +0.42% |
| 2023-12-31 | ₩411.81 Billion | +7.68% |
| 2022-12-31 | ₩382.46 Billion | -0.28% |
| 2021-12-31 | ₩383.55 Billion | -21.14% |
| 2020-12-31 | ₩486.39 Billion | -16.88% |
| 2019-12-31 | ₩585.17 Billion | +4.11% |
| 2018-12-31 | ₩562.09 Billion | +5.64% |
| 2017-12-31 | ₩532.05 Billion | +2.57% |
| 2016-12-31 | ₩518.73 Billion | +13.70% |
| 2015-12-31 | ₩456.24 Billion | +5.76% |
| 2014-12-31 | ₩431.41 Billion | +9.07% |
| 2013-12-31 | ₩395.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grand Korea Leisure 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 3.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩361.36 Billion | 87.38% |
| Other Components | ₩52.19 Billion | 12.62% |
| Total Equity | ₩413.55 Billion | 100.00% |
Grand Korea Leisure Co. Ltd Competitors by Market Cap
The table below lists competitors of Grand Korea Leisure Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hidrovias do Brasil S.A
SA:HBSA3
|
$253.61 Million |
|
Integrated Service Technology
TWO:3289
|
$253.65 Million |
|
CLAROS MORT.TR.INC.DL-01
F:5WO
|
$253.65 Million |
|
Greenworks (Jiangsu) Co. Ltd. A
SHE:301260
|
$253.69 Million |
|
Beijing Seeyon Internet Software Cp
SHG:688369
|
$253.48 Million |
|
Dharma Satya Nusantara Ptdsn
JK:DSNG
|
$253.48 Million |
|
Entree Resources Ltd
OTCQB:ERLFF
|
$253.36 Million |
|
UD Electronic
TWO:3689
|
$253.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grand Korea Leisure Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 411,810,411,980 to 413,545,764,350, a change of 1,735,352,370 (0.4%).
- Net income of 33,060,332,410 contributed positively to equity growth.
- Dividend payments of 25,546,367,750 reduced retained earnings.
- Other factors decreased equity by 5,778,612,290.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩33.06 Billion | +7.99% |
| Dividends Paid | ₩25.55 Billion | -6.18% |
| Other Changes | ₩-5.78 Billion | -1.4% |
| Total Change | ₩- | 0.42% |
Book Value vs Market Value Analysis
This analysis compares Grand Korea Leisure 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: 1.83x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.42x to 1.83x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩8601.51 | ₩12250.00 | x |
| 2018-12-31 | ₩9087.07 | ₩12250.00 | x |
| 2019-12-31 | ₩9460.29 | ₩12250.00 | x |
| 2020-12-31 | ₩7863.31 | ₩12250.00 | x |
| 2021-12-31 | ₩6200.70 | ₩12250.00 | x |
| 2022-12-31 | ₩6183.03 | ₩12250.00 | x |
| 2023-12-31 | ₩6657.60 | ₩12250.00 | x |
| 2024-12-31 | ₩6685.66 | ₩12250.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grand Korea Leisure 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): 7.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.34%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.49x
- Recent ROE (7.99%) is below the historical average (9.60%), 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 | 34.78% | 24.51% | 1.00x | 1.42x | ₩98.02 Billion |
| 2014 | 27.01% | 21.55% | 0.83x | 1.51x | ₩73.37 Billion |
| 2015 | 20.11% | 18.14% | 0.78x | 1.43x | ₩46.11 Billion |
| 2016 | 22.04% | 20.86% | 0.75x | 1.41x | ₩62.47 Billion |
| 2017 | 15.14% | 16.07% | 0.68x | 1.38x | ₩27.33 Billion |
| 2018 | 13.83% | 16.18% | 0.63x | 1.36x | ₩21.53 Billion |
| 2019 | 12.37% | 14.75% | 0.54x | 1.55x | ₩13.88 Billion |
| 2020 | -13.23% | -34.87% | 0.26x | 1.46x | ₩-112.97 Billion |
| 2021 | -29.53% | -133.13% | 0.16x | 1.39x | ₩-151.63 Billion |
| 2022 | -5.95% | -8.68% | 0.43x | 1.59x | ₩-60.99 Billion |
| 2023 | 10.65% | 11.05% | 0.62x | 1.55x | ₩2.67 Billion |
| 2024 | 7.99% | 8.34% | 0.64x | 1.49x | ₩-8.29 Billion |
Industry Comparison
This section compares Grand Korea Leisure Co. Ltd's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $1,027,043,131,665
- Average return on equity (ROE) among peers: 4.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grand Korea Leisure Co. Ltd (114090) | ₩444.03 Billion | 34.78% | 0.46x | $253.57 Million |
| Lotte Tour Dev (032350) | $115.09 Billion | 0.67% | 0.26x | $685.33 Million |
| Paradise Co. Ltd (034230) | $332.11 Billion | 13.25% | 0.59x | $549.25 Million |
| Kangwon Land (035250) | $3.25 Trillion | -0.32% | 0.18x | $1.39 Billion |
| Yong Pyong Resort Corp (070960) | $408.18 Billion | 4.15% | 1.13x | $52.98 Million |