HANBIT SOFT Inc
HANBIT SOFT Inc. operates in the online gaming industry in South Korea and internationally. It offers PC online games comprising Audition, a stylish rhythm dance game; and Aika, Granado Espada, and HELLGATE: London, an action role-playing game. The company also provides mobile games, such as Club Audition, a rhythm dance game; Puzzle Audition, a puzzle battle game; Fishing Together, a fishing gam… Read more
HANBIT SOFT Inc (047080) - Net Assets
Latest net assets as of September 2025: ₩19.03 Billion KRW
Based on the latest financial reports, HANBIT SOFT Inc (047080) has net assets worth ₩19.03 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 (₩24.89 Billion) and total liabilities (₩5.86 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 | ₩19.03 Billion |
| % of Total Assets | 76.46% |
| Annual Growth Rate | -1.92% |
| 5-Year Change | -26.69% |
| 10-Year Change | -29.67% |
| Growth Volatility | 18.19 |
HANBIT SOFT Inc - Net Assets Trend (2011–2024)
This chart illustrates how HANBIT SOFT Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HANBIT SOFT Inc (2011–2024)
The table below shows the annual net assets of HANBIT SOFT Inc from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩12.08 Billion | -22.28% |
| 2023-12-31 | ₩15.55 Billion | -19.03% |
| 2022-12-31 | ₩19.20 Billion | +11.75% |
| 2021-12-31 | ₩17.18 Billion | +4.23% |
| 2020-12-31 | ₩16.48 Billion | +10.54% |
| 2019-12-31 | ₩14.91 Billion | +20.17% |
| 2018-12-31 | ₩12.41 Billion | -42.69% |
| 2017-12-31 | ₩21.65 Billion | +6.72% |
| 2016-12-31 | ₩20.29 Billion | +18.08% |
| 2015-12-31 | ₩17.18 Billion | -6.04% |
| 2014-12-31 | ₩18.29 Billion | +3.85% |
| 2013-12-31 | ₩17.61 Billion | -7.04% |
| 2012-12-31 | ₩18.94 Billion | +21.78% |
| 2011-12-31 | ₩15.55 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HANBIT SOFT Inc'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 4272039113000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩12.41 Billion | 102.71% |
| Other Components | ₩42.39 Billion | 350.83% |
| Total Equity | ₩12.08 Billion | 100.00% |
HANBIT SOFT Inc Competitors by Market Cap
The table below lists competitors of HANBIT SOFT Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nagarjuna Fertilizers and Chemicals Limited
NSE:NAGAFERT
|
$12.75 Million |
|
Mostostal Warszawa S.A.
WAR:MSW
|
$12.75 Million |
|
Stella Holdings Bhd
KLSE:5006
|
$12.75 Million |
|
Cyngn Inc
NASDAQ:CYN
|
$12.76 Million |
|
Salem Media Group Inc
OTCQX:SALM
|
$12.75 Million |
|
Satria Mega Kencana Tbk PT
JK:SOTS
|
$12.74 Million |
|
E-Waste Corp
PINK:EZRG
|
$12.74 Million |
|
N Citron Inc
KQ:101400
|
$12.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HANBIT SOFT Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,042,449,940 to 12,083,599,170, a change of 2,041,149,230 (20.3%).
- Net income of 1,717,743,670 contributed positively to equity growth.
- Other factors increased equity by 323,405,560.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.72 Billion | +14.22% |
| Other Changes | ₩323.41 Million | +2.68% |
| Total Change | ₩- | 20.33% |
Book Value vs Market Value Analysis
This analysis compares HANBIT SOFT Inc'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: 2.52x
- 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 1.50x to 2.52x 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 | ₩818.96 | ₩1225.00 | x |
| 2017-12-31 | ₩873.74 | ₩1225.00 | x |
| 2018-12-31 | ₩500.77 | ₩1225.00 | x |
| 2019-12-31 | ₩601.75 | ₩1225.00 | x |
| 2020-12-31 | ₩665.20 | ₩1225.00 | x |
| 2021-12-31 | ₩693.36 | ₩1225.00 | x |
| 2022-12-31 | ₩773.52 | ₩1225.00 | x |
| 2023-12-31 | ₩404.57 | ₩1225.00 | x |
| 2024-12-31 | ₩486.80 | ₩1225.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HANBIT SOFT Inc 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): 14.22%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.16%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 2.71x
- Recent ROE (14.22%) is above the historical average (-17.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -6.52% | -4.43% | 0.89x | 1.65x | ₩-2.95 Billion |
| 2015 | -18.34% | -14.23% | 0.54x | 2.37x | ₩-4.87 Billion |
| 2016 | -34.79% | -22.97% | 0.77x | 1.96x | ₩-9.09 Billion |
| 2017 | 6.02% | 3.32% | 1.08x | 1.68x | ₩-860.92 Million |
| 2018 | -69.94% | -23.34% | 0.85x | 3.53x | ₩-9.92 Billion |
| 2019 | 16.05% | 5.50% | 1.01x | 2.89x | ₩902.00 Million |
| 2020 | -13.05% | -3.76% | 1.28x | 2.71x | ₩-3.80 Billion |
| 2021 | 1.48% | 0.40% | 1.36x | 2.75x | ₩-1.46 Billion |
| 2022 | 10.59% | 3.61% | 1.28x | 2.29x | ₩113.08 Million |
| 2023 | -93.62% | -36.26% | 0.82x | 3.15x | ₩-10.41 Billion |
| 2024 | 14.22% | 5.16% | 1.02x | 2.71x | ₩509.38 Million |
Industry Comparison
This section compares HANBIT SOFT Inc's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $619,333,510,711
- Average return on equity (ROE) among peers: 3.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HANBIT SOFT Inc (047080) | ₩19.03 Billion | -6.52% | 0.31x | $12.75 Million |
| Barunson Entertainment & Arts Corporation (035620) | $71.65 Billion | -18.60% | 0.74x | $9.06 Million |
| NCsoft Corp (036570) | $1.02 Trillion | 15.27% | 0.29x | $1.64 Billion |
| Actoz Soft Co.Ltd (052790) | $117.07 Billion | -6.06% | 0.28x | $19.68 Million |
| JOYCITY Corporation (067000) | $68.13 Billion | 11.39% | 0.21x | $69.08 Million |
| Com2uS Corporation (078340) | $1.11 Trillion | 3.57% | 0.54x | $171.71 Million |
| SundayToz Corp (123420) | $85.27 Billion | 56.73% | 0.29x | $29.11 Million |
| Nhn Entertain (181710) | $1.77 Trillion | -7.51% | 0.81x | $341.00 Million |
| DoubleU Games Co Ltd (192080) | $1.20 Trillion | 12.46% | 0.08x | $340.72 Million |
| Devsisters corporation (194480) | $134.56 Billion | -36.86% | 0.78x | $194.27 Million |