Webzen Inc (069080) - Net Assets
Based on the latest financial reports, Webzen Inc (069080) has net assets worth ₩676.69 Billion KRW (≈ $458.58 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 (₩754.34 Billion ≈ $511.21 Million USD) and total liabilities (₩77.66 Billion ≈ $52.63 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 Webzen Inc (069080) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩676.69 Billion |
| % of Total Assets | 89.71% |
| Annual Growth Rate | 7.17% |
| 5-Year Change | 54.86% |
| 10-Year Change | 236.58% |
| Growth Volatility | 17.28 |
Webzen Inc - Net Assets Trend (2005–2024)
This chart illustrates how Webzen Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Webzen Inc for the complete picture of this company's asset base.
Annual Net Assets for Webzen Inc (2005–2024)
The table below shows the annual net assets of Webzen Inc from 2005 to 2024. For live valuation and market cap data, see market cap of Webzen Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩672.64 Billion ≈ $455.84 Million |
+7.81% |
| 2023-12-31 | ₩623.90 Billion ≈ $422.81 Million |
+9.05% |
| 2022-12-31 | ₩572.11 Billion ≈ $387.71 Million |
+13.50% |
| 2021-12-31 | ₩504.05 Billion ≈ $341.59 Million |
+16.05% |
| 2020-12-31 | ₩434.34 Billion ≈ $294.35 Million |
+22.23% |
| 2019-12-31 | ₩355.36 Billion ≈ $240.82 Million |
+13.35% |
| 2018-12-31 | ₩313.50 Billion ≈ $212.46 Million |
+16.46% |
| 2017-12-31 | ₩269.19 Billion ≈ $182.43 Million |
+12.64% |
| 2016-12-31 | ₩239.00 Billion ≈ $161.96 Million |
+19.59% |
| 2015-12-31 | ₩199.85 Billion ≈ $135.43 Million |
+43.26% |
| 2014-12-31 | ₩139.50 Billion ≈ $94.54 Million |
+7.54% |
| 2013-12-31 | ₩129.71 Billion ≈ $87.91 Million |
+3.24% |
| 2012-12-31 | ₩125.64 Billion ≈ $85.14 Million |
+18.52% |
| 2011-12-31 | ₩106.01 Billion ≈ $71.84 Million |
-41.28% |
| 2005-12-31 | ₩180.52 Billion ≈ $122.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Webzen 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 grown by 57104819085000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩571.05 Billion | 85.16% |
| Common Stock | ₩17.66 Billion | 2.63% |
| Other Components | ₩81.83 Billion | 12.20% |
| Total Equity | ₩670.54 Billion | 100.00% |
Webzen Inc Competitors by Market Cap
The table below lists competitors of Webzen Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mayur Uniquoters Ltd
NSE:MAYURUNIQ
|
$258.11 Million |
|
Palisade Bio Inc
NASDAQ:PALI
|
$258.12 Million |
|
MM Forgings Limited
NSE:MMFL
|
$258.15 Million |
|
Thye Ming Industrial Co Ltd
TW:9927
|
$258.22 Million |
|
Tukas Gida Sanayi ve Ticaret AS
IS:TUKAS
|
$258.02 Million |
|
Forafric Global PLC Ordinary Shares
NASDAQ:AFRI
|
$257.99 Million |
|
Villeroy & Boch AG
XETRA:VIB3
|
$257.92 Million |
|
VIB Vermögen AG
XETRA:VIH1
|
$257.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Webzen Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 621,690,632,260 to 670,536,209,230, a change of 48,845,576,970 (7.9%).
- Net income of 56,935,003,690 contributed positively to equity growth.
- Dividend payments of 8,829,182,700 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩56.94 Billion | +8.49% |
| Dividends Paid | ₩8.83 Billion | -1.32% |
| Other Changes | ₩739.76 Million | +0.11% |
| Total Change | ₩- | 7.86% |
Book Value vs Market Value Analysis
This analysis compares Webzen 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: 0.53x
- 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 1.60x to 0.53x 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 | ₩7619.42 | ₩12160.00 | x |
| 2017-12-31 | ₩8582.18 | ₩12160.00 | x |
| 2018-12-31 | ₩10074.73 | ₩12160.00 | x |
| 2019-12-31 | ₩11419.80 | ₩12160.00 | x |
| 2020-12-31 | ₩14183.96 | ₩12160.00 | x |
| 2021-12-31 | ₩16831.59 | ₩12160.00 | x |
| 2022-12-31 | ₩19415.54 | ₩12160.00 | x |
| 2023-12-31 | ₩21097.99 | ₩12160.00 | x |
| 2024-12-31 | ₩22755.64 | ₩12160.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Webzen 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): 8.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.51%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.12x
- Recent ROE (8.49%) is below the historical average (12.17%), 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 | 5.28% | 9.47% | 0.38x | 1.47x | ₩-5.00 Billion |
| 2012 | 1.81% | 4.01% | 0.36x | 1.27x | ₩-10.29 Billion |
| 2013 | 1.41% | 2.54% | 0.46x | 1.21x | ₩-11.14 Billion |
| 2014 | 5.99% | 11.36% | 0.46x | 1.15x | ₩-5.60 Billion |
| 2015 | 30.27% | 24.97% | 0.87x | 1.39x | ₩40.50 Billion |
| 2016 | 18.91% | 20.54% | 0.73x | 1.26x | ₩21.29 Billion |
| 2017 | 11.24% | 18.20% | 0.51x | 1.20x | ₩3.35 Billion |
| 2018 | 16.06% | 23.00% | 0.55x | 1.27x | ₩18.99 Billion |
| 2019 | 11.99% | 24.20% | 0.43x | 1.16x | ₩7.07 Billion |
| 2020 | 19.85% | 29.31% | 0.54x | 1.25x | ₩42.77 Billion |
| 2021 | 17.23% | 30.50% | 0.46x | 1.22x | ₩36.45 Billion |
| 2022 | 12.65% | 29.90% | 0.37x | 1.13x | ₩15.18 Billion |
| 2023 | 9.27% | 29.35% | 0.28x | 1.13x | ₩-4.56 Billion |
| 2024 | 8.49% | 26.51% | 0.29x | 1.12x | ₩-10.12 Billion |
Industry Comparison
This section compares Webzen Inc's net assets metrics with peer companies in the Software & IT Services industry.
Industry Context
- Industry: Software & IT Services
- Average net assets among peers: $52,630,877,645
- Average return on equity (ROE) among peers: 3.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Webzen Inc (069080) | ₩676.69 Billion | 5.28% | 0.11x | $258.04 Million |
| Daishin Information & Communications Co.Ltd (020180) | $28.59 Billion | -0.17% | 1.98x | $32.06 Million |
| PLAYWITH Inc (023770) | $13.65 Billion | 0.00% | 1.50x | $7.73 Million |
| Hancom Inc (030520) | $151.60 Billion | 15.84% | 0.41x | $300.10 Million |
| UBcare. Co. Ltd (032620) | $43.84 Billion | 0.00% | 0.25x | $140.04 Million |
| Softcen Co. Ltd (032680) | $9.15 Billion | 11.19% | 0.68x | $5.97 Million |
| InfoBank Corporation (039290) | $52.41 Billion | 1.60% | 0.39x | $26.52 Million |
| Korea Business News Co. Ltd (039340) | $121.90 Billion | 12.32% | 0.20x | $72.70 Million |
| CUROCOM Co. Ltd (040350) | $51.56 Billion | 0.00% | 0.20x | $54.20 Million |
| Polaris Office Corp (041020) | $37.38 Billion | -26.28% | 0.15x | $125.79 Million |
| Total Soft Bank Ltd (045340) | $16.22 Billion | 18.58% | 0.65x | $38.66 Million |
About Webzen Inc
Webzen Inc., a game company, engages in the PC, online, and mobile gaming business worldwide. It operates Webzen.com, a game portal; and WEBZEN.CO.KR. The company provides various game genres, such as the Korea Full 3D online game MU Online; MU Origin and MU IP franchising mobile games; and other online/mobile/sport games. Webzen Inc. was founded in 2000 and is headquartered in Seongnam, South Ko… Read more