Nhn Entertain (181710) - Net Assets
Based on the latest financial reports, Nhn Entertain (181710) has net assets worth ₩1.77 Trillion KRW (≈ $1.20 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 (₩3.85 Trillion ≈ $2.61 Billion USD) and total liabilities (₩2.08 Trillion ≈ $1.41 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 181710 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.77 Trillion |
| % of Total Assets | 45.98% |
| Annual Growth Rate | 4.76% |
| 5-Year Change | -15.62% |
| 10-Year Change | 17.24% |
| Growth Volatility | 13.3 |
Nhn Entertain - Net Assets Trend (2013–2025)
This chart illustrates how Nhn Entertain's net assets have evolved over time, based on quarterly financial data. See 181710 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Nhn Entertain (2013–2025)
The table below shows the annual net assets of Nhn Entertain from 2013 to 2025. For live valuation and market cap data, see market value of Nhn Entertain.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩1.77 Trillion ≈ $1.20 Billion |
+0.31% |
| 2024-12-31 | ₩1.77 Trillion ≈ $1.20 Billion |
-11.28% |
| 2023-12-31 | ₩1.99 Trillion ≈ $1.35 Billion |
-0.13% |
| 2022-12-31 | ₩1.99 Trillion ≈ $1.35 Billion |
-5.06% |
| 2021-12-31 | ₩2.10 Trillion ≈ $1.42 Billion |
+13.80% |
| 2020-12-31 | ₩1.84 Trillion ≈ $1.25 Billion |
+0.85% |
| 2019-12-31 | ₩1.83 Trillion ≈ $1.24 Billion |
+0.48% |
| 2018-12-31 | ₩1.82 Trillion ≈ $1.23 Billion |
+9.78% |
| 2017-12-31 | ₩1.66 Trillion ≈ $1.12 Billion |
+9.76% |
| 2016-12-31 | ₩1.51 Trillion ≈ $1.02 Billion |
+0.53% |
| 2015-12-31 | ₩1.50 Trillion ≈ $1.02 Billion |
+44.08% |
| 2014-12-31 | ₩1.04 Trillion ≈ $706.74 Million |
+2.95% |
| 2013-12-31 | ₩1.01 Trillion ≈ $686.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nhn Entertain'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 584915.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩629.90 Billion | 43.05% |
| Other Components | ₩833.21 Billion | 56.95% |
| Total Equity | ₩1.46 Trillion | 100.00% |
Nhn Entertain Competitors by Market Cap
The table below lists competitors of Nhn Entertain ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oxford Lane Capital Corp
NASDAQ:OXLC
|
$819.60 Million |
|
Regional Container Lines Public Company Limited
BK:RCL
|
$820.15 Million |
|
Kalvista Pharmaceuticals Inc
NASDAQ:KALV
|
$820.37 Million |
|
Shanghai Research Institute of Building Sciences Group Co. Ltd A
SHG:603153
|
$820.47 Million |
|
KRN Heat Exchanger and Refrigeration
NSE:KRN
|
$818.94 Million |
|
Chipsea Technologies Shenzhen Corp Ltd
SHG:688595
|
$818.54 Million |
|
Aspen Group
AU:APZ
|
$818.32 Million |
|
Lushang Property Co Ltd
SHG:600223
|
$818.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nhn Entertain's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,451,486,782,010 to 1,463,109,810,460, a change of 11,623,028,450 (0.8%).
- Net income of 32,091,574,970 contributed positively to equity growth.
- Dividend payments of 18,056,153,200 reduced retained earnings.
- Share repurchases of 24,159,855,160 reduced equity.
- New share issuances of 1,638,000 increased equity.
- Other factors increased equity by 21,745,823,840.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩32.09 Billion | +2.19% |
| Dividends Paid | ₩18.06 Billion | -1.23% |
| Share Repurchases | ₩24.16 Billion | -1.65% |
| Share Issuances | ₩1.64 Million | +0.0% |
| Other Changes | ₩21.75 Billion | +1.49% |
| Total Change | ₩- | 0.80% |
Book Value vs Market Value Analysis
This analysis compares Nhn Entertain'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: 0.83x
- 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 increased from 0.49x to 0.83x 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 | ₩78433.63 | ₩38700.00 | x |
| 2018-12-31 | ₩83901.19 | ₩38700.00 | x |
| 2019-12-31 | ₩84479.07 | ₩38700.00 | x |
| 2020-12-31 | ₩86092.06 | ₩38700.00 | x |
| 2021-12-31 | ₩51086.59 | ₩38700.00 | x |
| 2022-12-31 | ₩49179.27 | ₩38700.00 | x |
| 2023-12-31 | ₩48402.44 | ₩38700.00 | x |
| 2024-12-31 | ₩44806.89 | ₩38700.00 | x |
| 2025-12-31 | ₩46827.49 | ₩38700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nhn Entertain 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): 2.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.28%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.63x
- Recent ROE (2.19%) is above the historical average (1.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 1.84% | 6.97% | 0.23x | 1.17x | ₩-81.85 Billion |
| 2014 | 4.94% | 9.12% | 0.44x | 1.24x | ₩-51.92 Billion |
| 2015 | 11.50% | 25.45% | 0.35x | 1.28x | ₩21.34 Billion |
| 2016 | 0.86% | 1.46% | 0.47x | 1.26x | ₩-133.77 Billion |
| 2017 | 1.10% | 1.83% | 0.43x | 1.41x | ₩-134.06 Billion |
| 2018 | 5.65% | 7.07% | 0.51x | 1.58x | ₩-68.87 Billion |
| 2019 | 0.78% | 0.83% | 0.60x | 1.58x | ₩-145.54 Billion |
| 2020 | 1.34% | 1.28% | 0.66x | 1.60x | ₩-138.25 Billion |
| 2021 | 6.37% | 6.07% | 0.64x | 1.65x | ₩-66.58 Billion |
| 2022 | -1.90% | -1.52% | 0.70x | 1.79x | ₩-201.41 Billion |
| 2023 | -0.52% | -0.38% | 0.66x | 2.11x | ₩-171.68 Billion |
| 2024 | -9.13% | -5.40% | 0.77x | 2.20x | ₩-277.68 Billion |
| 2025 | 2.19% | 1.28% | 0.65x | 2.63x | ₩-114.22 Billion |
Industry Comparison
This section compares Nhn Entertain's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $701,874,844,563
- Average return on equity (ROE) among peers: 8.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nhn Entertain (181710) | ₩1.77 Trillion | 1.84% | 1.17x | $819.44 Million |
| Barunson Entertainment & Arts Corporation (035620) | $32.75 Billion | 86.58% | 1.10x | $12.77 Million |
| NCsoft Corp (036570) | $3.14 Trillion | 18.68% | 0.30x | $3.44 Billion |
| HANBIT SOFT Inc (047080) | $15.55 Billion | -60.47% | 1.04x | $22.69 Million |
| Actoz Soft Co.Ltd (052790) | $87.30 Billion | 9.10% | 0.39x | $32.43 Million |
| JOYCITY Corporation (067000) | $98.88 Billion | 3.23% | 1.50x | $51.73 Million |
| Com2uS Corporation (078340) | $973.26 Billion | 8.26% | 0.08x | $201.66 Million |
| SundayToz Corp (123420) | $228.17 Billion | 1.89% | 0.72x | $44.69 Million |
| DoubleU Games Co Ltd (192080) | $1.56 Trillion | 12.03% | 0.06x | $893.70 Million |
| Devsisters corporation (194480) | $179.91 Billion | -3.72% | 0.67x | $113.39 Million |
About Nhn Entertain
NHN Corporation, an IT company, provides gaming, payment, entertainment, IT, and advertisement solutions in South Korea and internationally. It offers PAYCO, a payment service for online and offline stores; comico, a Webtoon platform; Bugs, a music portal operating music streaming and online music distribution business; and NHN KCP, an integrated e-payment service. The company also provides Ticke… Read more