Dragonfly GF Co. Ltd
Dragonfly GF Co., Ltd. engages in the game development activities in South Korea. The company develops VR, mobile, online, and PC games. It operates in Thailand, China, the United States, and Europe, and internationally. The company was founded in 1995 and is based in Seoul, South Korea.
Dragonfly GF Co. Ltd (030350) - Net Assets
Latest net assets as of December 2024: ₩13.25 Billion KRW
Based on the latest financial reports, Dragonfly GF Co. Ltd (030350) has net assets worth ₩13.25 Billion KRW as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩23.28 Billion) and total liabilities (₩10.03 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 | ₩13.25 Billion |
| % of Total Assets | 56.91% |
| Annual Growth Rate | -12.71% |
| 5-Year Change | 86.57% |
| 10-Year Change | -44.91% |
| Growth Volatility | 164.07 |
Dragonfly GF Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Dragonfly GF 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 Dragonfly GF Co. Ltd (2011–2024)
The table below shows the annual net assets of Dragonfly GF Co. Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩13.25 Billion | -53.29% |
| 2023-12-31 | ₩28.36 Billion | -49.36% |
| 2022-12-31 | ₩56.01 Billion | +14.98% |
| 2021-12-31 | ₩48.71 Billion | +585.99% |
| 2020-12-31 | ₩7.10 Billion | -42.61% |
| 2019-12-31 | ₩12.37 Billion | -31.65% |
| 2018-12-31 | ₩18.10 Billion | -15.85% |
| 2017-12-31 | ₩21.51 Billion | -34.39% |
| 2016-12-31 | ₩32.79 Billion | +36.35% |
| 2015-12-31 | ₩24.05 Billion | -13.96% |
| 2014-12-31 | ₩27.95 Billion | -13.85% |
| 2013-12-31 | ₩32.44 Billion | -51.63% |
| 2012-12-31 | ₩67.06 Billion | -13.51% |
| 2011-12-31 | ₩77.53 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dragonfly GF 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 decreased by 73587.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩71.40 Billion | 539.00% |
| Total Equity | ₩13.25 Billion | 100.00% |
Dragonfly GF Co. Ltd Competitors by Market Cap
The table below lists competitors of Dragonfly GF Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Clean Seas Seafood Limited
PINK:CTUNF
|
$9.22 Million |
|
Shinsegae Cons
KO:034300
|
$9.23 Million |
|
SenSen Networks Limited
PINK:SNNSF
|
$9.23 Million |
|
Mistral Gayrimenkul Yatirim Ortakligi AS
IS:MSGYO
|
$9.23 Million |
|
NEXE Innovations Inc
OTCQB:NEXNF
|
$9.22 Million |
|
Biocardia Inc
NASDAQ:BCDA
|
$9.22 Million |
|
Nextlink Technology Co., Limited
TWO:6997
|
$9.21 Million |
|
HP Adhesives Limited
NSE:HPAL
|
$9.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dragonfly GF Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,657,027,090 to 13,247,584,560, a change of -15,409,442,530 (-53.8%).
- Net loss of 14,053,222,740 reduced equity.
- Share repurchases of 6,824,100 reduced equity.
- Other factors decreased equity by 1,349,395,690.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-14.05 Billion | -106.08% |
| Share Repurchases | ₩6.82 Million | -0.05% |
| Other Changes | ₩-1.35 Billion | -10.19% |
| Total Change | ₩- | -53.77% |
Book Value vs Market Value Analysis
This analysis compares Dragonfly GF 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: 1.02x
- 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 0.51x to 1.02x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩1923.21 | ₩973.00 | x |
| 2017-12-31 | ₩1129.93 | ₩973.00 | x |
| 2018-12-31 | ₩979.26 | ₩973.00 | x |
| 2019-12-31 | ₩669.32 | ₩973.00 | x |
| 2020-12-31 | ₩312.57 | ₩973.00 | x |
| 2021-12-31 | ₩1205.85 | ₩973.00 | x |
| 2022-12-31 | ₩971.64 | ₩973.00 | x |
| 2023-12-31 | ₩412.99 | ₩973.00 | x |
| 2024-12-31 | ₩954.59 | ₩973.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dragonfly GF 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): -106.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -54.84%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 1.76x
- Recent ROE (-106.08%) is below the historical average (-51.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 8.91% | 18.89% | 0.33x | 1.43x | ₩-847.50 Million |
| 2013 | -101.13% | -144.61% | 0.26x | 2.71x | ₩-36.60 Billion |
| 2014 | -32.22% | -46.87% | 0.25x | 2.70x | ₩-12.05 Billion |
| 2015 | -30.22% | -43.99% | 0.26x | 2.61x | ₩-9.67 Billion |
| 2016 | -0.92% | -2.74% | 0.16x | 2.05x | ₩-3.58 Billion |
| 2017 | -45.23% | -128.62% | 0.15x | 2.34x | ₩-11.88 Billion |
| 2018 | -47.99% | -136.31% | 0.32x | 1.10x | ₩-10.50 Billion |
| 2019 | -46.47% | -94.55% | 0.41x | 1.21x | ₩-6.99 Billion |
| 2020 | -115.41% | -216.98% | 0.18x | 2.96x | ₩-8.91 Billion |
| 2021 | -31.80% | -246.02% | 0.10x | 1.32x | ₩-20.36 Billion |
| 2022 | -25.76% | -203.33% | 0.11x | 1.18x | ₩-20.03 Billion |
| 2023 | -96.50% | -166.41% | 0.44x | 1.31x | ₩-30.52 Billion |
| 2024 | -106.08% | -54.84% | 1.10x | 1.76x | ₩-15.38 Billion |
Industry Comparison
This section compares Dragonfly GF Co. Ltd's net assets metrics with peer companies in the Software & IT Services industry.
Industry Context
- Industry: Software & IT Services
- Average net assets among peers: $51,634,943,049
- Average return on equity (ROE) among peers: 1.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dragonfly GF Co. Ltd (030350) | ₩13.25 Billion | 8.91% | 0.76x | $9.22 Million |
| Daishin Information & Communications Co.Ltd (020180) | $23.68 Billion | 6.99% | 1.25x | $22.09 Million |
| PLAYWITH Inc (023770) | $25.93 Billion | -23.11% | 0.68x | $6.30 Million |
| UBcare. Co. Ltd (032620) | $43.84 Billion | 0.00% | 0.25x | $62.90 Million |
| Softcen Co. Ltd (032680) | $31.47 Billion | 0.00% | 0.35x | $4.89 Million |
| InfoBank Corporation (039290) | $61.17 Billion | 2.36% | 0.46x | $15.68 Million |
| Korea Business News Co. Ltd (039340) | $138.21 Billion | 13.77% | 0.26x | $22.06 Million |
| Total Soft Bank Ltd (045340) | $21.85 Billion | 17.29% | 0.60x | $26.79 Million |
| DAEA TI Co. Ltd (045390) | $88.26 Billion | 8.00% | 0.44x | $166.31 Million |
| ESTsoft Corp (047560) | $30.29 Billion | -9.09% | 1.71x | $64.92 Million |