Paradise Co. Ltd (034230) - Net Assets

Latest as of September 2025: ₩2.19 Trillion KRW ≈ $1.48 Billion USD

Based on the latest financial reports, Paradise Co. Ltd (034230) has net assets worth ₩2.19 Trillion KRW (≈ $1.48 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 (₩3.96 Trillion ≈ $2.69 Billion USD) and total liabilities (₩1.78 Trillion ≈ $1.20 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 034230 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩2.19 Trillion
% of Total Assets	55.21%
Annual Growth Rate	9.04%
5-Year Change	81.34%
10-Year Change	102.92%
Growth Volatility	14.56

Paradise Co. Ltd - Net Assets Trend (2002–2024)

This chart illustrates how Paradise Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Paradise Co. Ltd balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Paradise Co. Ltd (2002–2024)

The table below shows the annual net assets of Paradise Co. Ltd from 2002 to 2024. For live valuation and market cap data, see Paradise Co. Ltd (034230) total market value.

Year	Net Assets	Change
2024-12-31	₩2.08 Trillion ≈ $1.41 Billion	+16.23%
2023-12-31	₩1.79 Trillion ≈ $1.21 Billion	+31.06%
2022-12-31	₩1.36 Trillion ≈ $923.23 Million	+10.61%
2021-12-31	₩1.23 Trillion ≈ $834.66 Million	+7.63%
2020-12-31	₩1.14 Trillion ≈ $775.51 Million	-9.63%
2019-12-31	₩1.27 Trillion ≈ $858.13 Million	-0.47%
2018-12-31	₩1.27 Trillion ≈ $862.18 Million	+27.96%
2017-12-31	₩994.23 Billion ≈ $673.77 Million	-4.78%
2016-12-31	₩1.04 Trillion ≈ $707.57 Million	+2.09%
2015-12-31	₩1.02 Trillion ≈ $693.06 Million	-13.20%
2014-12-31	₩1.18 Trillion ≈ $798.45 Million	+32.44%
2013-12-31	₩889.65 Billion ≈ $602.90 Million	+22.21%
2012-12-31	₩727.97 Billion ≈ $493.34 Million	+29.94%
2011-12-31	₩560.22 Billion ≈ $379.66 Million	+6.31%
2010-12-31	₩526.96 Billion ≈ $357.11 Million	+5.05%
2009-12-31	₩501.65 Billion ≈ $339.96 Million	+3.73%
2008-12-31	₩483.61 Billion ≈ $327.73 Million	-4.09%
2007-12-31	₩504.24 Billion ≈ $341.71 Million	+2.39%
2006-12-31	₩492.49 Billion ≈ $333.75 Million	-3.53%
2005-12-31	₩510.48 Billion ≈ $345.95 Million	+8.95%
2004-12-31	₩468.56 Billion ≈ $317.53 Million	+41.09%
2003-12-31	₩332.11 Billion ≈ $225.07 Million	+7.51%
2002-12-31	₩308.90 Billion ≈ $209.33 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Paradise 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 62878359173000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩628.78 Billion	38.44%
Other Components	₩1.01 Trillion	61.56%
Total Equity	₩1.64 Trillion	100.00%

Paradise Co. Ltd Competitors by Market Cap

The table below lists competitors of Paradise Co. Ltd ranked by their market capitalization.

Company	Market Cap
Helia Group Ltd AU:HLI	$1.04 Billion
Medikaloka Hermina PT JK:HEAL	$1.04 Billion
Turk Tuborg Bira ve Malt Sanayi AS IS:TBORG	$1.04 Billion
Dazhong Transportation Group Co Ltd A SHG:600611	$1.04 Billion
Zhongtong Bus Holding Co Ltd SHE:000957	$1.04 Billion
Sinar Mas Agro Resources and Technology Tbk PT JK:SMAR	$1.04 Billion
Chengdu Hongqi Chain Co Ltd SHE:002697	$1.03 Billion
Ina Invest Holding AG SW:INA	$1.03 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Paradise Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,405,526,527,470 to 1,635,744,104,530, a change of 230,217,577,060 (16.4%).
Net income of 75,553,488,650 contributed positively to equity growth.
Dividend payments of 8,634,777,700 reduced retained earnings.
Other factors increased equity by 163,298,866,110.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩75.55 Billion	+4.62%
Dividends Paid	₩8.63 Billion	-0.53%
Other Changes	₩163.30 Billion	+9.98%
Total Change	₩-	16.38%

Book Value vs Market Value Analysis

This analysis compares Paradise 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: 0.93x
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 1.44x to 0.93x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	₩12256.97	₩17690.00	x
2017-12-31	₩11671.47	₩17690.00	x
2018-12-31	₩14935.09	₩17690.00	x
2019-12-31	₩14864.99	₩17690.00	x
2020-12-31	₩13379.32	₩17690.00	x
2021-12-31	₩14399.80	₩17690.00	x
2022-12-31	₩15915.39	₩17690.00	x
2023-12-31	₩16277.51	₩17690.00	x
2024-12-31	₩18940.92	₩17690.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Paradise 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): 4.62%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.05%
• Asset Turnover: 0.27x
• Equity Multiplier: 2.40x
Recent ROE (4.62%) is below the historical average (5.87%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	14.68%	13.22%	0.62x	1.78x	₩13.97 Billion
2003	13.69%	13.66%	0.61x	1.64x	₩11.86 Billion
2004	18.96%	24.53%	0.44x	1.76x	₩34.81 Billion
2005	10.05%	12.15%	0.47x	1.75x	₩212.20 Million
2006	2.74%	3.61%	0.44x	1.73x	₩-29.02 Billion
2007	5.59%	7.29%	0.43x	1.77x	₩-18.16 Billion
2008	5.85%	6.55%	0.49x	1.84x	₩-16.67 Billion
2009	7.62%	7.52%	0.56x	1.80x	₩-9.90 Billion
2010	9.12%	7.50%	0.68x	1.79x	₩-3.89 Billion
2011	5.83%	8.71%	0.50x	1.33x	₩-23.30 Billion
2012	11.80%	14.41%	0.50x	1.64x	₩11.42 Billion
2013	13.85%	15.83%	0.52x	1.68x	₩28.13 Billion
2014	9.54%	14.25%	0.42x	1.59x	₩-4.66 Billion
2015	6.38%	10.60%	0.31x	1.95x	₩-37.03 Billion
2016	5.28%	7.93%	0.30x	2.21x	₩-49.28 Billion
2017	-1.91%	-2.84%	0.27x	2.45x	₩-118.38 Billion
2018	-1.65%	-2.67%	0.25x	2.48x	₩-148.27 Billion
2019	1.19%	1.54%	0.28x	2.74x	₩-111.52 Billion
2020	-10.32%	-26.03%	0.14x	2.90x	₩-232.57 Billion
2021	-4.27%	-12.68%	0.12x	2.82x	₩-175.70 Billion
2022	1.86%	4.31%	0.17x	2.58x	₩-110.88 Billion
2023	4.45%	6.29%	0.27x	2.57x	₩-77.99 Billion
2024	4.62%	7.05%	0.27x	2.40x	₩-88.02 Billion

Industry Comparison

This section compares Paradise Co. Ltd's net assets metrics with peer companies in the Resorts & Casinos industry.

Industry Context

Industry: Resorts & Casinos
Average net assets among peers: $1,016,852,211,958
Average return on equity (ROE) among peers: 3.23%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Paradise Co. Ltd (034230)	₩2.19 Trillion	14.68%	0.81x	$1.04 Billion
Lotte Tour Dev (032350)	$280.95 Billion	-38.61%	0.80x	$1.12 Billion
Kangwon Land (035250)	$3.00 Trillion	14.73%	0.23x	$2.34 Billion
Yong Pyong Resort Corp (070960)	$393.17 Billion	2.03%	1.59x	$100.02 Million
Grand Korea Leisure Co. Ltd (114090)	$395.54 Billion	34.78%	0.42x	$505.54 Million

About Paradise Co. Ltd

KQ:034230 Korea Resorts & Casinos

Market Cap

$1.04 Billion

₩1.53 Trillion KRW

Market Cap Rank

#8952 Global

#253 in Korea

Share Price

₩17690.00

Change (1 day)

-1.94%

52-Week Range

₩12380.00 - ₩23650.00

All Time High

₩26659.52