Grand Korea Leisure Co. Ltd (114090) - Net Assets
Based on the latest financial reports, Grand Korea Leisure Co. Ltd (114090) has net assets worth ₩452.22 Billion KRW (≈ $306.47 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩633.54 Billion ≈ $429.34 Million USD) and total liabilities (₩181.32 Billion ≈ $122.88 Million 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 Grand Korea Leisure Co. Ltd (114090) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩452.22 Billion |
| % of Total Assets | 71.38% |
| Annual Growth Rate | 0.92% |
| 5-Year Change | 15.1% |
| 10-Year Change | -14.9% |
| Growth Volatility | 9.87 |
Grand Korea Leisure Co. Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Grand Korea Leisure Co. Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Grand Korea Leisure Co. Ltd market cap and net worth.
Annual Net Assets for Grand Korea Leisure Co. Ltd (2013–2025)
The table below shows the annual net assets of Grand Korea Leisure Co. Ltd from 2013 to 2025. Also explore Grand Korea Leisure Co. Ltd net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩441.45 Billion ≈ $299.17 Million |
+6.75% |
| 2024-12-31 | ₩413.55 Billion ≈ $280.25 Million |
+0.42% |
| 2023-12-31 | ₩411.81 Billion ≈ $279.08 Million |
+7.68% |
| 2022-12-31 | ₩382.46 Billion ≈ $259.18 Million |
-0.28% |
| 2021-12-31 | ₩383.55 Billion ≈ $259.93 Million |
-21.14% |
| 2020-12-31 | ₩486.39 Billion ≈ $329.62 Million |
-16.88% |
| 2019-12-31 | ₩585.17 Billion ≈ $396.56 Million |
+4.11% |
| 2018-12-31 | ₩562.09 Billion ≈ $380.92 Million |
+5.64% |
| 2017-12-31 | ₩532.05 Billion ≈ $360.56 Million |
+2.57% |
| 2016-12-31 | ₩518.73 Billion ≈ $351.53 Million |
+13.70% |
| 2015-12-31 | ₩456.24 Billion ≈ $309.19 Million |
+5.76% |
| 2014-12-31 | ₩431.41 Billion ≈ $292.36 Million |
+9.07% |
| 2013-12-31 | ₩395.54 Billion ≈ $268.05 Million |
-- |
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 11.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩389.27 Billion | 88.18% |
| Other Components | ₩52.19 Billion | 11.82% |
| Total Equity | ₩441.45 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 |
|---|---|
|
Fonciere Inea
PA:INEA
|
$372.27 Million |
|
Viva Wine Group AB
ST:VIVA
|
$372.33 Million |
|
Simulations Plus Inc
NASDAQ:SLP
|
$372.34 Million |
|
Beijing AriTime Intelligent Control Co Ltd
SHG:600560
|
$372.43 Million |
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
$372.20 Million |
|
IBASE Technology
TWO:8050
|
$372.17 Million |
|
Shanghai Ace Invest&Dvlp Co
SHG:603329
|
$372.12 Million |
|
Solus Advanced Materials Co Ltd
KO:336370
|
$372.09 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 2024 to 2025, total equity changed from 413,545,764,350 to 441,452,020,520, a change of 27,906,256,170 (6.7%).
- Net income of 47,072,361,740 contributed positively to equity growth.
- Dividend payments of 17,443,282,580 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩47.07 Billion | +10.66% |
| Dividends Paid | ₩17.44 Billion | -3.95% |
| Other Changes | ₩-1.72 Billion | -0.39% |
| Total Change | ₩- | 6.75% |
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: 1.24x
- 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 1.03x to 1.24x 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 | ₩8880.00 | x |
| 2018-12-31 | ₩9087.07 | ₩8880.00 | x |
| 2019-12-31 | ₩9460.29 | ₩8880.00 | x |
| 2020-12-31 | ₩7863.31 | ₩8880.00 | x |
| 2021-12-31 | ₩6200.70 | ₩8880.00 | x |
| 2022-12-31 | ₩6183.03 | ₩8880.00 | x |
| 2023-12-31 | ₩6657.60 | ₩8880.00 | x |
| 2024-12-31 | ₩6685.66 | ₩8880.00 | x |
| 2025-12-31 | ₩7136.81 | ₩8880.00 | 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): 10.66%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.13%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.48x
- Recent ROE (10.66%) is above the historical average (9.68%), indicating improving 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 |
| 2025 | 10.66% | 11.13% | 0.65x | 1.48x | ₩2.93 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: $1,106,898,718,702
- Average return on equity (ROE) among peers: -16.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grand Korea Leisure Co. Ltd (114090) | ₩452.22 Billion | 34.78% | 0.40x | $372.24 Million |
| Lotte Tour Dev (032350) | $231.69 Billion | -96.98% | 6.78x | $618.75 Million |
| Paradise Co. Ltd (034230) | $308.90 Billion | 14.18% | 0.72x | $1.04 Billion |
| Kangwon Land (035250) | $3.50 Trillion | 12.50% | 0.20x | $1.95 Billion |
| Yong Pyong Resort Corp (070960) | $385.77 Billion | 2.59% | 1.60x | $64.05 Million |
About Grand Korea Leisure Co. Ltd
Grand Korea Leisure Co., Ltd. operates as a casino company in South Korea. It also engages in tourism business. 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.