NHN Bugs Corp (104200) - Net Assets

Latest as of March 2026: ₩51.15 Billion KRW ≈ $34.67 Million USD

Based on the latest financial reports, NHN Bugs Corp (104200) has net assets worth ₩51.15 Billion KRW (≈ $34.67 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩66.32 Billion ≈ $44.94 Million USD) and total liabilities (₩15.17 Billion ≈ $10.28 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. Also explore 104200 asset base for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets ₩51.15 Billion
% of Total Assets 77.13%
Annual Growth Rate 1.75%
5-Year Change -29.1%
10-Year Change -24.9%
Growth Volatility 33.24

NHN Bugs Corp - Net Assets Trend (2011–2025)

This chart illustrates how NHN Bugs Corp's net assets have evolved over time, based on quarterly financial data. Check 104200 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for NHN Bugs Corp (2011–2025)

The table below shows the annual net assets of NHN Bugs Corp from 2011 to 2025. For live valuation and market cap data, see market value of NHN Bugs Corp.

Year Net Assets Change
2025-12-31 ₩50.69 Billion
≈ $34.35 Million		 -10.44%
2024-12-31 ₩56.60 Billion
≈ $38.36 Million		 -17.96%
2023-12-31 ₩68.99 Billion
≈ $46.75 Million		 -6.57%
2022-12-31 ₩73.84 Billion
≈ $50.04 Million		 +3.28%
2021-12-31 ₩71.49 Billion
≈ $48.45 Million		 +17.56%
2020-12-31 ₩60.81 Billion
≈ $41.21 Million		 -10.06%
2019-12-31 ₩67.61 Billion
≈ $45.82 Million		 +7.21%
2018-12-31 ₩63.07 Billion
≈ $42.74 Million		 +0.18%
2017-12-31 ₩62.95 Billion
≈ $42.66 Million		 -6.73%
2016-12-31 ₩67.49 Billion
≈ $45.74 Million		 -11.54%
2015-12-31 ₩76.30 Billion
≈ $51.71 Million		 +111.46%
2012-12-31 ₩36.08 Billion
≈ $24.45 Million		 -9.18%
2011-12-31 ₩39.73 Billion
≈ $26.93 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to NHN Bugs Corp'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 1627694559000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings ₩16.28 Billion 32.11%
Other Components ₩34.41 Billion 67.89%
Total Equity ₩50.69 Billion 100.00%

NHN Bugs Corp Competitors by Market Cap

The table below lists competitors of NHN Bugs Corp ranked by their market capitalization.

Company Market Cap
Stria Lithium Inc
V:SRA
 $22.24 Million
Eastparc Hotel Tbk PT
JK:EAST
 $22.24 Million
Poolia AB (publ)
ST:POOL-B
 $22.25 Million
OPG POWER VENTURES PLC
F:OPB
 $22.25 Million
Microlink Solutions Bhd
KLSE:0126
 $22.21 Million
Complete Solaria, Inc
NASDAQ:SPWR
 $22.20 Million
Nara Mold & Die Co. Ltd
KQ:051490
 $22.20 Million
ODTech Co. Ltd
KQ:080520
 $22.19 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in NHN Bugs Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 56,597,116,220 to 50,686,615,590, a change of -5,910,500,630 (-10.4%).
  • Net loss of 6,220,761,280 reduced equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ₩-6.22 Billion -12.27%
Other Changes ₩310.26 Million +0.61%
Total Change ₩- -10.44%

Book Value vs Market Value Analysis

This analysis compares NHN Bugs Corp'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: 0.65x
  • 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 increased from 0.49x to 0.65x 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 ₩4920.65 ₩2425.00 x
2017-12-31 ₩4589.62 ₩2425.00 x
2018-12-31 ₩4771.80 ₩2425.00 x
2019-12-31 ₩5115.77 ₩2425.00 x
2020-12-31 ₩4856.97 ₩2425.00 x
2021-12-31 ₩5287.61 ₩2425.00 x
2022-12-31 ₩5460.99 ₩2425.00 x
2023-12-31 ₩5102.29 ₩2425.00 x
2024-12-31 ₩4186.00 ₩2425.00 x
2025-12-31 ₩3748.85 ₩2425.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently NHN Bugs Corp 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): -12.27%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -13.85%
  • • Asset Turnover: 0.67x
  • • Equity Multiplier: 1.32x
  • Recent ROE (-12.27%) is below the historical average (-3.99%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 -10.07% -7.21% 0.94x 1.49x ₩-7.24 Billion
2015 6.49% 8.13% 0.65x 1.24x ₩-2.68 Billion
2016 -5.20% -4.80% 0.76x 1.42x ₩-10.26 Billion
2017 -7.54% -5.11% 1.02x 1.45x ₩-11.04 Billion
2018 8.56% 6.02% 0.99x 1.43x ₩-906.66 Million
2019 6.67% 5.32% 0.85x 1.47x ₩-2.25 Billion
2020 -6.10% -5.40% 0.78x 1.45x ₩-9.79 Billion
2021 -2.10% -2.31% 0.71x 1.28x ₩-8.65 Billion
2022 3.42% 3.84% 0.70x 1.27x ₩-4.86 Billion
2023 -7.35% -8.92% 0.63x 1.31x ₩-11.97 Billion
2024 -22.39% -24.34% 0.68x 1.35x ₩-18.33 Billion
2025 -12.27% -13.85% 0.67x 1.32x ₩-11.29 Billion

Industry Comparison

This section compares NHN Bugs Corp's net assets metrics with peer companies in the Internet Content & Information industry.

Industry Context

  • Industry: Internet Content & Information
  • Average net assets among peers: $578,481,313,948
  • Average return on equity (ROE) among peers: 9.24%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
NHN Bugs Corp (104200) ₩51.15 Billion -10.07% 0.30x $22.22 Million
KidariStudio Inc (020120) $222.77 Billion 1.59% 0.30x $87.78 Million
Naver Corporation (035420) $1.37 Trillion 36.18% 0.45x $21.07 Billion
Kakao Corp (035720) $2.60 Trillion 2.91% 0.22x $11.15 Billion
KT Hitel Corporation. Limited (036030) $180.35 Billion -1.57% 0.38x $147.83 Million
YTN Co.Ltd (040300) $172.00 Billion 4.30% 0.86x $65.91 Million
NEOWIZ HOLDINGS Corporation (042420) $467.49 Billion 12.73% 0.23x $98.18 Million
Genie Music Corporation (043610) $90.98 Billion -3.74% 0.53x $50.53 Million
Asia Economy Daily Co Ltd (127710) $59.87 Billion 8.76% 0.66x $21.00 Million
Wanted Lab Inc. (376980) $42.96 Billion 21.97% 0.32x $15.35 Million

About NHN Bugs Corp

KQ:104200 Korea Internet Content & Information
Market Cap
$22.22 Million
₩32.79 Billion KRW
Market Cap Rank
#24710 Global
#1759 in Korea
Share Price
₩2425.00
Change (1 day)
+2.97%
52-Week Range
₩2295.00 - ₩6660.00
All Time High
₩22700.00
Categories
Companies in Korea Internet Content & Information Technology AI & Machine Learning
About

NHN BUGS Corporation provides digital music service and music distribution through Bucks and SNS music portals in South Korea, the United States, and internationally. The company operates through B2C and B2B Business divisions. It provides Bugs that music in the form of download or streaming through internet sites and mobile devices, such as mobile phones and tablet PCs; and Say Club and Say cast… Read more