NEOWIZ
NEOWIZ develops and publishes games for PCs and mobiles in South Korea. The company was founded in 1997 and is headquartered in Seongnam, South Korea.
NEOWIZ (095660) - Net Assets
Latest net assets as of September 2025: ₩560.91 Billion KRW
Based on the latest financial reports, NEOWIZ (095660) has net assets worth ₩560.91 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 (₩664.58 Billion) and total liabilities (₩103.67 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 | ₩560.91 Billion |
| % of Total Assets | 84.4% |
| Annual Growth Rate | 8.5% |
| 5-Year Change | 25.76% |
| 10-Year Change | 83.87% |
| Growth Volatility | 19.08 |
NEOWIZ - Net Assets Trend (2007–2024)
This chart illustrates how NEOWIZ'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 (2007–2024)
The table below shows the annual net assets of NEOWIZ from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩487.33 Billion | -0.43% |
| 2023-12-31 | ₩489.43 Billion | +8.99% |
| 2022-12-31 | ₩449.07 Billion | -2.23% |
| 2021-12-31 | ₩459.31 Billion | +18.53% |
| 2020-12-31 | ₩387.49 Billion | +19.95% |
| 2019-12-31 | ₩323.04 Billion | +8.24% |
| 2018-12-31 | ₩298.45 Billion | +12.28% |
| 2017-12-31 | ₩265.81 Billion | -2.16% |
| 2016-12-31 | ₩271.68 Billion | +2.50% |
| 2015-12-31 | ₩265.05 Billion | -6.95% |
| 2014-12-31 | ₩284.84 Billion | -3.71% |
| 2013-12-31 | ₩295.83 Billion | +2.54% |
| 2012-12-31 | ₩288.49 Billion | +5.70% |
| 2011-12-31 | ₩272.93 Billion | -11.24% |
| 2010-12-31 | ₩307.51 Billion | +4.19% |
| 2009-12-31 | ₩295.15 Billion | +44.76% |
| 2008-12-31 | ₩203.89 Billion | +67.46% |
| 2007-12-31 | ₩121.76 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to NEOWIZ'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 59718.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩420.82 Billion | 86.35% |
| Common Stock | ₩11.02 Billion | 2.26% |
| Other Components | ₩55.49 Billion | 11.39% |
| Total Equity | ₩487.33 Billion | 100.00% |
NEOWIZ Competitors by Market Cap
The table below lists competitors of NEOWIZ ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kung Long Batteries Industrial Co Ltd
TW:1537
|
$225.94 Million |
|
South Dakota Soybean Processors LLC
PINK:SDSYA
|
$226.09 Million |
|
Coherus BioSciences Inc
NASDAQ:CHRS
|
$226.16 Million |
|
China Travel International Investment Hong Kong Limited
F:CTI
|
$226.21 Million |
|
Yaari Digital Integrated Services Limited
NSE:YAARI
|
$225.87 Million |
|
Aoyuan Beauty Valley Technology Co Ltd
SHE:000615
|
$225.85 Million |
|
Hunan Sundy Science and Technology Co Ltd
SHE:300515
|
$225.79 Million |
|
Jee Technology Co. Ltd. A
SHG:688162
|
$225.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NEOWIZ's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 489,431,524,670 to 487,326,368,910, a change of -2,105,155,760 (-0.4%).
- Net income of 2,393,821,920 contributed positively to equity growth.
- Dividend payments of 4,995,224,150 reduced retained earnings.
- Share repurchases of 9,978,955,400 reduced equity.
- New share issuances of 15,800,000 increased equity.
- Other factors increased equity by 10,459,401,870.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.39 Billion | +0.49% |
| Dividends Paid | ₩5.00 Billion | -1.03% |
| Share Repurchases | ₩9.98 Billion | -2.05% |
| Share Issuances | ₩15.80 Million | +0.0% |
| Other Changes | ₩10.46 Billion | +2.15% |
| Total Change | ₩- | -0.43% |
Book Value vs Market Value Analysis
This analysis compares NEOWIZ'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: 1.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.10x to 1.10x 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 | ₩12836.71 | ₩26950.00 | x |
| 2017-12-31 | ₩12559.02 | ₩26950.00 | x |
| 2018-12-31 | ₩14029.13 | ₩26950.00 | x |
| 2019-12-31 | ₩15120.97 | ₩26950.00 | x |
| 2020-12-31 | ₩17983.41 | ₩26950.00 | x |
| 2021-12-31 | ₩21628.57 | ₩26950.00 | x |
| 2022-12-31 | ₩21771.87 | ₩26950.00 | x |
| 2023-12-31 | ₩24005.07 | ₩26950.00 | x |
| 2024-12-31 | ₩24475.23 | ₩26950.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NEOWIZ 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): 0.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.65%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.27x
- Recent ROE (0.49%) is below the historical average (8.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 18.37% | 12.60% | 0.62x | 2.37x | ₩6.90 Billion |
| 2008 | 15.47% | 8.33% | 0.92x | 2.01x | ₩7.29 Billion |
| 2009 | 19.10% | 11.76% | 0.93x | 1.75x | ₩20.75 Billion |
| 2010 | 7.68% | 3.64% | 1.02x | 2.07x | ₩-5.57 Billion |
| 2011 | 29.37% | 10.94% | 1.07x | 2.52x | ₩48.18 Billion |
| 2012 | 2.86% | 1.11% | 1.08x | 2.39x | ₩-18.70 Billion |
| 2013 | 15.88% | 10.59% | 0.87x | 1.72x | ₩17.36 Billion |
| 2014 | -2.68% | -3.78% | 0.47x | 1.49x | ₩-35.98 Billion |
| 2015 | -7.78% | -10.84% | 0.51x | 1.41x | ₩-47.11 Billion |
| 2016 | 3.80% | 5.41% | 0.60x | 1.17x | ₩-16.84 Billion |
| 2017 | -0.58% | -0.88% | 0.57x | 1.15x | ₩-28.11 Billion |
| 2018 | 10.74% | 14.87% | 0.59x | 1.23x | ₩2.20 Billion |
| 2019 | 7.49% | 9.50% | 0.64x | 1.23x | ₩-8.12 Billion |
| 2020 | 15.54% | 20.80% | 0.60x | 1.24x | ₩21.48 Billion |
| 2021 | 12.36% | 21.74% | 0.45x | 1.25x | ₩10.86 Billion |
| 2022 | 2.91% | 4.44% | 0.53x | 1.25x | ₩-31.84 Billion |
| 2023 | 9.95% | 13.31% | 0.54x | 1.37x | ₩-264.76 Million |
| 2024 | 0.49% | 0.65% | 0.59x | 1.27x | ₩-46.34 Billion |
Industry Comparison
This section compares NEOWIZ's net assets metrics with peer companies in the Software & IT Services industry.
Industry Context
- Industry: Software & IT Services
- Average net assets among peers: $49,307,852,209
- Average return on equity (ROE) among peers: -8.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NEOWIZ (095660) | ₩560.91 Billion | 18.37% | 0.18x | $225.88 Million |
| Daishin Information & Communications Co.Ltd (020180) | $23.68 Billion | 6.99% | 1.25x | $22.09 Million |
| PLAYWITH Inc (023770) | $25.93 Billion | -23.11% | 0.68x | $6.30 Million |
| Dragonfly GF Co. Ltd (030350) | $28.36 Billion | -97.50% | 0.33x | $9.22 Million |
| UBcare. Co. Ltd (032620) | $43.84 Billion | 0.00% | 0.25x | $62.90 Million |
| Softcen Co. Ltd (032680) | $31.47 Billion | 0.00% | 0.35x | $4.89 Million |
| InfoBank Corporation (039290) | $61.17 Billion | 2.36% | 0.46x | $15.68 Million |
| Korea Business News Co. Ltd (039340) | $138.21 Billion | 13.77% | 0.26x | $22.06 Million |
| Total Soft Bank Ltd (045340) | $21.85 Billion | 17.29% | 0.60x | $26.79 Million |
| DAEA TI Co. Ltd (045390) | $88.26 Billion | 8.00% | 0.44x | $166.31 Million |
| ESTsoft Corp (047560) | $30.29 Billion | -9.09% | 1.71x | $64.92 Million |