Korea New Network Co. Ltd (058400) - Net Assets
Based on the latest financial reports, Korea New Network Co. Ltd (058400) has net assets worth ₩223.18 Billion KRW (≈ $151.24 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩237.06 Billion ≈ $160.65 Million USD) and total liabilities (₩13.88 Billion ≈ $9.41 Million 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 tangible equity quality of Korea New Network Co. Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩223.18 Billion |
| % of Total Assets | 94.15% |
| Annual Growth Rate | 3.64% |
| 5-Year Change | 10.2% |
| 10-Year Change | 25.82% |
| Growth Volatility | 3.96 |
Korea New Network Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Korea New Network Co. Ltd's net assets have evolved over time, based on quarterly financial data. See 058400 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Korea New Network Co. Ltd (2011–2024)
The table below shows the annual net assets of Korea New Network Co. Ltd from 2011 to 2024. For live valuation and market cap data, see 058400 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩219.73 Billion ≈ $148.91 Million |
+1.98% |
| 2023-12-31 | ₩215.47 Billion ≈ $146.02 Million |
+4.13% |
| 2022-12-31 | ₩206.92 Billion ≈ $140.23 Million |
+0.66% |
| 2021-12-31 | ₩205.57 Billion ≈ $139.31 Million |
+3.10% |
| 2020-12-31 | ₩199.40 Billion ≈ $135.13 Million |
+1.81% |
| 2019-12-31 | ₩195.86 Billion ≈ $132.73 Million |
+2.75% |
| 2018-12-31 | ₩190.62 Billion ≈ $129.18 Million |
+3.03% |
| 2017-12-31 | ₩185.01 Billion ≈ $125.38 Million |
+4.03% |
| 2016-12-31 | ₩177.84 Billion ≈ $120.52 Million |
+1.84% |
| 2015-12-31 | ₩174.63 Billion ≈ $118.35 Million |
+1.71% |
| 2014-12-31 | ₩171.71 Billion ≈ $116.36 Million |
+1.62% |
| 2013-12-31 | ₩168.97 Billion ≈ $114.51 Million |
+4.69% |
| 2012-12-31 | ₩161.40 Billion ≈ $109.38 Million |
+16.85% |
| 2011-12-31 | ₩138.13 Billion ≈ $93.61 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Korea New Network 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 14395374466000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩143.95 Billion | 65.51% |
| Common Stock | ₩66.21 Billion | 30.13% |
| Other Components | ₩9.56 Billion | 4.35% |
| Total Equity | ₩219.73 Billion | 100.00% |
Korea New Network Co. Ltd Competitors by Market Cap
The table below lists competitors of Korea New Network Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INTER RAO Lietuva AB
WAR:IRL
|
$53.94 Million |
|
Hansol Csn
KO:009180
|
$53.99 Million |
|
International Meal Company Alimentação S.A
SA:MEAL3
|
$54.00 Million |
|
Sambu Const
KO:001470
|
$54.01 Million |
|
OPAL Fuels Inc
NASDAQ:OPAL
|
$53.93 Million |
|
Zimmite Taiwan Ltd
TWO:8435
|
$53.93 Million |
|
Tune Protect Group Bhd
KLSE:5230
|
$53.93 Million |
|
Shin Tai Industry Co Ltd
TW:1235
|
$53.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korea New Network Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 214,843,934,030 to 219,732,887,380, a change of 4,888,953,350 (2.3%).
- Net income of 8,057,164,090 contributed positively to equity growth.
- Dividend payments of 2,666,094,400 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩8.06 Billion | +3.67% |
| Dividends Paid | ₩2.67 Billion | -1.21% |
| Other Changes | ₩-502.12 Million | -0.23% |
| Total Change | ₩- | 2.28% |
Book Value vs Market Value Analysis
This analysis compares Korea New Network 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: 0.36x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩1342.90 | ₩601.00 | x |
| 2017-12-31 | ₩1397.03 | ₩601.00 | x |
| 2018-12-31 | ₩1439.40 | ₩601.00 | x |
| 2019-12-31 | ₩1478.99 | ₩601.00 | x |
| 2020-12-31 | ₩1505.71 | ₩601.00 | x |
| 2021-12-31 | ₩1552.32 | ₩601.00 | x |
| 2022-12-31 | ₩1562.50 | ₩601.00 | x |
| 2023-12-31 | ₩1622.32 | ₩601.00 | x |
| 2024-12-31 | ₩1659.24 | ₩601.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korea New Network 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): 3.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.70%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.08x
- Recent ROE (3.67%) is below the historical average (5.19%), 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 | 6.18% | 14.86% | 0.37x | 1.13x | ₩-5.26 Billion |
| 2012 | 16.22% | 44.82% | 0.31x | 1.17x | ₩10.02 Billion |
| 2013 | 7.06% | 20.24% | 0.32x | 1.08x | ₩-4.96 Billion |
| 2014 | 3.29% | 9.54% | 0.32x | 1.08x | ₩-11.49 Billion |
| 2015 | 3.98% | 11.07% | 0.33x | 1.09x | ₩-10.51 Billion |
| 2016 | 3.85% | 11.08% | 0.31x | 1.12x | ₩-10.93 Billion |
| 2017 | 5.18% | 14.66% | 0.32x | 1.10x | ₩-8.92 Billion |
| 2018 | 4.10% | 12.18% | 0.31x | 1.09x | ₩-11.25 Billion |
| 2019 | 4.11% | 11.32% | 0.34x | 1.07x | ₩-11.54 Billion |
| 2020 | 3.08% | 10.70% | 0.27x | 1.07x | ₩-13.81 Billion |
| 2021 | 4.43% | 14.02% | 0.29x | 1.08x | ₩-11.45 Billion |
| 2022 | 3.57% | 11.20% | 0.30x | 1.08x | ₩-13.30 Billion |
| 2023 | 3.90% | 12.68% | 0.29x | 1.07x | ₩-13.11 Billion |
| 2024 | 3.67% | 11.70% | 0.29x | 1.08x | ₩-13.92 Billion |
Industry Comparison
This section compares Korea New Network Co. Ltd's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $261,155,457,726
- Average return on equity (ROE) among peers: -0.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Korea New Network Co. Ltd (058400) | ₩223.18 Billion | 6.18% | 0.06x | $53.94 Million |
| IHQ Inc (003560) | $50.25 Billion | 12.03% | 0.97x | $39.98 Million |
| KIWI Media Group Co.Ltd (012170) | $35.70 Billion | -50.34% | 1.04x | $13.28 Million |
| Barunson Co. Ltd (018700) | $40.09 Billion | 0.00% | 0.80x | $13.09 Million |
| Fantagio Corp (032800) | $24.47 Billion | -12.80% | 0.46x | $59.21 Million |
| Taegu Broadcasting Corporation (033830) | $101.92 Billion | 2.60% | 0.08x | $25.63 Million |
| Seoul Broadcasting System (034120) | $540.28 Billion | -1.25% | 0.48x | $160.27 Million |
| CJ ENM CO. Ltd (035760) | $777.33 Billion | 10.51% | 1.34x | $516.65 Million |
| JYP Entertainment Corporation (035900) | $158.90 Billion | 19.70% | 0.31x | $1.26 Billion |
| Jcontentree Corp (036420) | $649.05 Billion | -6.19% | 2.99x | $64.67 Million |
| SM Entertainment Co. Ltd (041510) | $233.57 Billion | 17.09% | 0.38x | $1.23 Billion |
About Korea New Network Co. Ltd
Korea New Network Co., Ltd. engages in the TV and radio broadcasting advertising business in South Korea and internationally. The company is involved in sponsorship projects, culture, events, performances, exhibitions, etc.; and production of various contents, such as broadcasting programs and corporate promotional videos, and website operation activities. It also provides real estate facilities … Read more