Netmarble Games Corp Net Assets
Netmarble Games Corp net assets. Based on the latest financial reports, Netmarble Games Corp (251270) has net assets worth ₩5.46 Trillion KRW (≈ $3.70 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 (₩7.98 Trillion ≈ $5.41 Billion USD) and total liabilities (₩2.52 Trillion ≈ $1.71 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. Also explore Netmarble Games Corp (251270) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩5.46 Trillion |
| % of Total Assets | 68.41% |
| Annual Growth Rate | 40.73% |
| 5-Year Change | -3.13% |
| 10-Year Change | 363.61% |
| Growth Volatility | 515.65 |
Net Assets of Netmarble Games Corp (2011–2024)
Net assets of Netmarble Games Corp from 2011 to 2024. This chart illustrates how Netmarble Games Corp's net assets have evolved over time, based on quarterly financial data. See Netmarble Games Corp net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Netmarble Games Corp (2011–2024)
The table below shows the annual net assets of Netmarble Games Corp from 2011 to 2024. For live market cap and overall valuation, see Netmarble Games Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩5.47 Trillion ≈ $3.71 Billion |
+7.77% |
| 2023-12-31 | ₩5.08 Trillion ≈ $3.44 Billion |
-9.65% |
| 2022-12-31 | ₩5.62 Trillion ≈ $3.81 Billion |
-6.42% |
| 2021-12-31 | ₩6.01 Trillion ≈ $4.07 Billion |
+6.32% |
| 2020-12-31 | ₩5.65 Trillion ≈ $3.83 Billion |
+21.56% |
| 2019-12-31 | ₩4.65 Trillion ≈ $3.15 Billion |
+2.13% |
| 2018-12-31 | ₩4.55 Trillion ≈ $3.08 Billion |
+1.93% |
| 2017-12-31 | ₩4.47 Trillion ≈ $3.03 Billion |
+240.77% |
| 2016-12-31 | ₩1.31 Trillion ≈ $888.01 Million |
+10.98% |
| 2015-12-31 | ₩1.18 Trillion ≈ $800.15 Million |
+1733.08% |
| 2011-12-31 | ₩64.41 Billion ≈ $43.65 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Netmarble Games 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 114730766862000.0% over the analyzed period, indicating profitable operations and earnings retention.
Netmarble Games Corp Net Assets Breakdown (December 2024)
Netmarble Games Corp net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.15 Trillion | 21.15% |
| Other Components | ₩4.27 Trillion | 78.85% |
| Total Equity | ₩5.42 Trillion | 100.00% |
Netmarble Games Corp Competitors by Market Cap
The table below lists competitors of Netmarble Games Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EMEIS SA
PA:EMEIS
|
$1.87 Billion |
|
Hangzhou Zhongheng Electric Co Ltd
SHE:002364
|
$1.87 Billion |
|
Perusahaan Gas Negara Persero
JK:PGAS
|
$1.88 Billion |
|
Test Research Inc
TW:3030
|
$1.88 Billion |
|
Fibocom Wireless Inc
SHE:300638
|
$1.87 Billion |
|
Central Plaza Hotel Public Company Limited
BK:CENTEL
|
$1.87 Billion |
|
Gubre Fabrikalari TAS
IS:GUBRF
|
$1.87 Billion |
|
Winpak Ltd.
TO:WPK
|
$1.87 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Netmarble Games Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,979,527,938,260 to 5,416,041,831,040, a change of 436,513,892,780 (8.8%).
- Net income of 25,640,335,230 contributed positively to equity growth.
- Dividend payments of 89,058,900 reduced retained earnings.
- Other factors increased equity by 410,962,616,450.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩25.64 Billion | +0.47% |
| Dividends Paid | ₩89.06 Million | -0.0% |
| Other Changes | ₩410.96 Billion | +7.59% |
| Total Change | ₩- | 8.77% |
Book Value vs Market Value Analysis
This analysis compares Netmarble Games 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: 0.51x
- 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 0.66x to 0.51x 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 | ₩50934.91 | ₩33750.00 | x |
| 2018-12-31 | ₩52178.90 | ₩33750.00 | x |
| 2019-12-31 | ₩54472.52 | ₩33750.00 | x |
| 2020-12-31 | ₩66079.71 | ₩33750.00 | x |
| 2021-12-31 | ₩70683.48 | ₩33750.00 | x |
| 2022-12-31 | ₩66649.30 | ₩33750.00 | x |
| 2023-12-31 | ₩60774.44 | ₩33750.00 | x |
| 2024-12-31 | ₩66102.03 | ₩33750.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Netmarble Games 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): 0.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.96%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.51x
- Recent ROE (0.47%) is below the historical average (1.49%), 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 | -14.54% | -15.68% | 0.46x | 2.03x | ₩-12.00 Billion |
| 2015 | 11.38% | 11.23% | 0.74x | 1.38x | ₩14.62 Billion |
| 2016 | 14.30% | 11.60% | 0.77x | 1.61x | ₩52.35 Billion |
| 2017 | 7.16% | 12.78% | 0.45x | 1.24x | ₩-123.14 Billion |
| 2018 | 4.33% | 9.38% | 0.37x | 1.24x | ₩-247.82 Billion |
| 2019 | 3.50% | 7.16% | 0.38x | 1.30x | ₩-289.20 Billion |
| 2020 | 5.79% | 12.59% | 0.30x | 1.52x | ₩-227.76 Billion |
| 2021 | 4.15% | 9.58% | 0.24x | 1.84x | ₩-338.90 Billion |
| 2022 | -15.00% | -30.64% | 0.30x | 1.64x | ₩-1.37 Trillion |
| 2023 | -5.13% | -10.22% | 0.32x | 1.59x | ₩-753.62 Billion |
| 2024 | 0.47% | 0.96% | 0.33x | 1.51x | ₩-515.96 Billion |
Industry Comparison
This section compares Netmarble Games Corp's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $428,852,184,459
- Average return on equity (ROE) among peers: 6.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Netmarble Games Corp (251270) | ₩5.46 Trillion | -14.54% | 0.46x | $1.87 Billion |
| Barunson Entertainment & Arts Corporation (035620) | $86.13 Billion | -15.42% | 0.49x | $5.26 Million |
| NCsoft Corp (036570) | $424.43 Billion | 6.04% | 0.22x | $2.66 Billion |
| HANBIT SOFT Inc (047080) | $12.08 Billion | 14.22% | 1.71x | $17.18 Million |
| Actoz Soft Co.Ltd (052790) | $117.07 Billion | -6.06% | 0.28x | $34.06 Million |
| JOYCITY Corporation (067000) | $45.29 Billion | -11.77% | 0.30x | $47.47 Million |
| Com2uS Corporation (078340) | $91.15 Billion | 22.45% | 0.10x | $242.76 Million |
| SundayToz Corp (123420) | $157.92 Billion | 9.01% | 0.21x | $38.06 Million |
| Nhn Entertain (181710) | $1.99 Trillion | -1.61% | 0.52x | $974.06 Million |
| DoubleU Games Co Ltd (192080) | $1.20 Trillion | 12.46% | 0.08x | $717.32 Million |
| Devsisters corporation (194480) | $165.30 Billion | 36.54% | 0.66x | $85.38 Million |
About Netmarble Games Corp
Netmarble Corporation develops and publishes PC, mobile, and console games in South Korea and internationally. The company was founded in 2000 and is based in Seoul, South Korea.