NHN Bugs Corp Net Assets
NHN Bugs Corp net assets. 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 NHN Bugs Corp (104200) equity growth momentum to track the company's year-over-year net asset growth rate.
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 |
Net Assets of NHN Bugs Corp (2011–2025)
Net assets of NHN Bugs Corp from 2011 to 2025. This chart illustrates how NHN Bugs Corp's net assets have evolved over time, based on quarterly financial data. See how leveraged is NHN Bugs Corp's balance sheet to measure how much of total assets are equity-financed.
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 market cap and overall valuation, see market cap 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 |
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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.
NHN Bugs Corp Net Assets Breakdown (December 2025)
NHN Bugs Corp net assets breakdown by equity component as of 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 |
|---|---|
|
CSH Alliance Bhd
KLSE:7165
|
$22.54 Million |
|
Malmbergs Elektriska AB (publ)
ST:MEAB-B
|
$22.55 Million |
|
Sinergi Megah Internusa Tbk PT
JK:NUSA
|
$22.56 Million |
|
First Au Ltd
AU:FAU
|
$22.58 Million |
|
Filter Vision Public Company Limited
BK:FVC
|
$22.53 Million |
|
Orion Digital Corp.
NASDAQ:ORIO
|
$22.53 Million |
|
Sportshero Ltd
AU:SHO
|
$22.49 Million |
|
Planet Green Holdings Corp
NYSE MKT:PLAG
|
$22.49 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: 0.66x
- 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 0.50x to 0.66x 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 | ₩2460.00 | x |
| 2017-12-31 | ₩4589.62 | ₩2460.00 | x |
| 2018-12-31 | ₩4771.80 | ₩2460.00 | x |
| 2019-12-31 | ₩5115.77 | ₩2460.00 | x |
| 2020-12-31 | ₩4856.97 | ₩2460.00 | x |
| 2021-12-31 | ₩5287.61 | ₩2460.00 | x |
| 2022-12-31 | ₩5460.99 | ₩2460.00 | x |
| 2023-12-31 | ₩5102.29 | ₩2460.00 | x |
| 2024-12-31 | ₩4186.00 | ₩2460.00 | x |
| 2025-12-31 | ₩3748.85 | ₩2460.00 | 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: $546,690,202,974
- Average return on equity (ROE) among peers: 5.26%
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 | $22.54 Million |
| KidariStudio Inc (020120) | $3.78 Billion | 0.00% | 8.42x | $85.15 Million |
| Naver Corporation (035420) | $1.37 Trillion | 36.18% | 0.45x | $17.12 Billion |
| Kakao Corp (035720) | $2.46 Trillion | 6.09% | 0.12x | $8.59 Billion |
| KT Hitel Corporation. Limited (036030) | $189.99 Billion | 5.05% | 0.46x | $159.12 Million |
| YTN Co.Ltd (040300) | $243.41 Billion | -1.72% | 0.45x | $65.59 Million |
| NEOWIZ HOLDINGS Corporation (042420) | $471.89 Billion | 1.87% | 0.44x | $73.12 Million |
| Genie Music Corporation (043610) | $90.98 Billion | -3.74% | 0.53x | $170.34 Million |
| Asia Economy Daily Co Ltd (127710) | $103.16 Billion | 3.61% | 0.31x | $22.87 Million |
| Wanted Lab Inc. (376980) | $-12.36 Billion | 0.00% | 0.00x | $16.96 Million |
About NHN Bugs Corp
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