NEOWIZ HOLDINGS Corporation
NEOWIZ HOLDINGS Corporation engages in the gaming business. It offers games for PC, mobile, and console. The company was formerly known as Neowiz Corporation and changed its name to NEOWIZ HOLDINGS Corporation in March 2013. NEOWIZ HOLDINGS Corporation was founded in 1997 and is based in Seongnam-si, South Korea.
NEOWIZ HOLDINGS Corporation (042420) - Net Assets
Latest net assets as of September 2025: ₩729.80 Billion KRW
Based on the latest financial reports, NEOWIZ HOLDINGS Corporation (042420) has net assets worth ₩729.80 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩879.92 Billion) and total liabilities (₩150.12 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 | ₩729.80 Billion |
| % of Total Assets | 82.94% |
| Annual Growth Rate | 5.64% |
| 5-Year Change | -12.17% |
| 10-Year Change | 4.13% |
| Growth Volatility | 32.04 |
NEOWIZ HOLDINGS Corporation - Net Assets Trend (2003–2024)
This chart illustrates how NEOWIZ HOLDINGS Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NEOWIZ HOLDINGS Corporation (2003–2024)
The table below shows the annual net assets of NEOWIZ HOLDINGS Corporation from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩321.22 Billion | -4.71% |
| 2023-12-31 | ₩337.08 Billion | -3.00% |
| 2022-12-31 | ₩347.52 Billion | -18.89% |
| 2021-12-31 | ₩428.45 Billion | +17.14% |
| 2020-12-31 | ₩365.75 Billion | +12.97% |
| 2019-12-31 | ₩323.77 Billion | +4.87% |
| 2018-12-31 | ₩308.74 Billion | +6.07% |
| 2017-12-31 | ₩291.08 Billion | +0.67% |
| 2016-12-31 | ₩289.13 Billion | -6.27% |
| 2015-12-31 | ₩308.47 Billion | -34.01% |
| 2014-12-31 | ₩467.49 Billion | +12.31% |
| 2013-12-31 | ₩416.24 Billion | +8.07% |
| 2012-12-31 | ₩385.16 Billion | +2.71% |
| 2011-12-31 | ₩374.99 Billion | -20.53% |
| 2010-12-31 | ₩471.89 Billion | +4.71% |
| 2009-12-31 | ₩450.67 Billion | +36.48% |
| 2008-12-31 | ₩330.21 Billion | +116.76% |
| 2007-12-31 | ₩152.33 Billion | +60.01% |
| 2004-12-31 | ₩95.20 Billion | -6.27% |
| 2003-12-31 | ₩101.57 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to NEOWIZ HOLDINGS Corporation'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 233559.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩284.16 Billion | 88.46% |
| Common Stock | ₩4.65 Billion | 1.45% |
| Other Components | ₩32.40 Billion | 10.09% |
| Total Equity | ₩321.22 Billion | 100.00% |
NEOWIZ HOLDINGS Corporation Competitors by Market Cap
The table below lists competitors of NEOWIZ HOLDINGS Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lake Shore Bancorp Inc
NASDAQ:LSBK
|
$41.82 Million |
|
Sajodongaone Co Ltd
KO:008040
|
$41.84 Million |
|
Chi Sheng Chemical
TWO:4111
|
$41.85 Million |
|
GIGANTE SALMON AS NK 1
F:96M
|
$41.88 Million |
|
Vivani Medical Inc.
NASDAQ:VANI
|
$41.81 Million |
|
Adler Group S.A
PINK:ADPPF
|
$41.80 Million |
|
Battalion Oil Corp
NYSE MKT:BATL
|
$41.80 Million |
|
Mono Next Public Company Limited
BK:MONO
|
$41.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NEOWIZ HOLDINGS Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 337,082,197,200 to 321,218,624,570, a change of -15,863,572,630 (-4.7%).
- Net loss of 12,019,595,670 reduced equity.
- Dividend payments of 3,335,021,340 reduced retained earnings.
- Share repurchases of 5,001,943,300 reduced equity.
- Other factors increased equity by 4,492,987,680.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-12.02 Billion | -3.74% |
| Dividends Paid | ₩3.34 Billion | -1.04% |
| Share Repurchases | ₩5.00 Billion | -1.56% |
| Other Changes | ₩4.49 Billion | +1.4% |
| Total Change | ₩- | -4.71% |
Book Value vs Market Value Analysis
This analysis compares NEOWIZ HOLDINGS Corporation'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: 0.50x
- 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 0.76x to 0.50x 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 | ₩33422.62 | ₩25300.00 | x |
| 2017-12-31 | ₩33490.53 | ₩25300.00 | x |
| 2018-12-31 | ₩36346.18 | ₩25300.00 | x |
| 2019-12-31 | ₩39756.19 | ₩25300.00 | x |
| 2020-12-31 | ₩49457.18 | ₩25300.00 | x |
| 2021-12-31 | ₩59326.96 | ₩25300.00 | x |
| 2022-12-31 | ₩48254.60 | ₩25300.00 | x |
| 2023-12-31 | ₩50721.32 | ₩25300.00 | x |
| 2024-12-31 | ₩50326.05 | ₩25300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NEOWIZ HOLDINGS Corporation 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): -3.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.27%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.56x
- Recent ROE (-3.74%) is below the historical average (6.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 16.73% | 18.68% | 0.69x | 1.30x | ₩6.28 Billion |
| 2004 | 1.81% | 2.04% | 0.70x | 1.27x | ₩-7.20 Billion |
| 2009 | 3.95% | 1.79% | 0.65x | 3.39x | ₩-10.98 Billion |
| 2010 | 4.69% | 1.61% | 0.81x | 3.61x | ₩-10.01 Billion |
| 2011 | 13.51% | 2.98% | 1.04x | 4.37x | ₩5.62 Billion |
| 2012 | 6.67% | 1.49% | 1.08x | 4.15x | ₩-5.53 Billion |
| 2013 | 11.84% | 4.36% | 0.87x | 3.12x | ₩3.47 Billion |
| 2014 | 24.50% | 22.70% | 0.46x | 2.36x | ₩35.22 Billion |
| 2015 | 20.77% | 32.12% | 0.35x | 1.85x | ₩33.22 Billion |
| 2016 | -5.16% | -7.39% | 0.38x | 1.84x | ₩-43.82 Billion |
| 2017 | -1.77% | -2.78% | 0.35x | 1.80x | ₩-34.25 Billion |
| 2018 | 6.40% | 9.16% | 0.36x | 1.91x | ₩-11.13 Billion |
| 2019 | 6.41% | 8.18% | 0.41x | 1.92x | ₩-11.61 Billion |
| 2020 | 14.15% | 17.89% | 0.39x | 2.01x | ₩15.16 Billion |
| 2021 | 15.18% | 24.15% | 0.30x | 2.06x | ₩22.19 Billion |
| 2022 | -20.26% | -23.62% | 0.37x | 2.31x | ₩-105.15 Billion |
| 2023 | 2.16% | 1.98% | 0.41x | 2.65x | ₩-26.43 Billion |
| 2024 | -3.74% | -3.27% | 0.45x | 2.56x | ₩-44.14 Billion |
Industry Comparison
This section compares NEOWIZ HOLDINGS Corporation's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $112,273,014,515
- Average return on equity (ROE) among peers: 3.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NEOWIZ HOLDINGS Corporation (042420) | ₩729.80 Billion | 16.73% | 0.21x | $41.81 Million |
| KidariStudio Inc (020120) | $274.62 Billion | -1.03% | 0.38x | $39.04 Million |
| KT Hitel Corporation. Limited (036030) | $201.82 Billion | 3.60% | 0.17x | $42.56 Million |
| YTN Co.Ltd (040300) | $183.49 Billion | 1.86% | 0.70x | $3.53 Million |
| Genie Music Corporation (043610) | $25.03 Billion | 0.00% | 0.92x | $26.06 Million |
| NHN Bugs Corp (104200) | $67.49 Billion | -5.20% | 0.42x | $21.58 Million |
| Asia Economy Daily Co Ltd (127710) | $78.52 Billion | 11.58% | 0.64x | $14.80 Million |
| ZUM Internet Corp. (239340) | $32.38 Billion | 16.00% | 0.65x | $12.63 Million |
| Wanted Lab Inc. (376980) | $34.82 Billion | 4.03% | 0.35x | $16.28 Million |