Namhwa Industrial Co. Ltd
Namhwa Industrial Co., Ltd. engages in the operation of golf course in South Korea. It operates a 54-hole public golf course under the name SEASIDE. The company was founded in 1990 and is headquartered in Muan-eup, South Korea.
Namhwa Industrial Co. Ltd (111710) - Net Assets
Latest net assets as of September 2025: ₩185.98 Billion KRW
Based on the latest financial reports, Namhwa Industrial Co. Ltd (111710) has net assets worth ₩185.98 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 (₩199.08 Billion) and total liabilities (₩13.10 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 | ₩185.98 Billion |
| % of Total Assets | 93.42% |
| Annual Growth Rate | 6.92% |
| 5-Year Change | 32.71% |
| 10-Year Change | N/A |
| Growth Volatility | 3.51 |
Namhwa Industrial Co. Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Namhwa Industrial Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Namhwa Industrial Co. Ltd (2016–2024)
The table below shows the annual net assets of Namhwa Industrial Co. Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩186.30 Billion | +3.66% |
| 2023-12-31 | ₩179.72 Billion | +6.65% |
| 2022-12-31 | ₩168.52 Billion | +10.96% |
| 2021-12-31 | ₩151.87 Billion | +8.18% |
| 2020-12-31 | ₩140.39 Billion | +4.01% |
| 2019-12-31 | ₩134.97 Billion | +1.74% |
| 2018-12-31 | ₩132.66 Billion | +12.73% |
| 2017-12-31 | ₩117.68 Billion | +7.88% |
| 2016-12-31 | ₩109.09 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Namhwa Industrial 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 63.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩172.08 Billion | 92.36% |
| Common Stock | ₩4.12 Billion | 2.21% |
| Other Components | ₩10.11 Billion | 5.43% |
| Total Equity | ₩186.30 Billion | 100.00% |
Namhwa Industrial Co. Ltd Competitors by Market Cap
The table below lists competitors of Namhwa Industrial Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Farm Price Holdings Berhad
KLSE:0304
|
$8.26 Million |
|
RRUUF
OTCQB:RRUUF
|
$8.26 Million |
|
Urbanfund Corp
V:UFC
|
$8.26 Million |
|
Century City International Holdings Limited
F:CQA2
|
$8.27 Million |
|
Magadh Sugar & Energy Limited
NSE:MAGADSUGAR
|
$8.25 Million |
|
Tera Data Indonusa
JK:AXIO
|
$8.25 Million |
|
PT Teknologi Karya Digital Nus
JK:TRON
|
$8.25 Million |
|
Putra Mandiri Jembar Tbk PT
JK:PMJS
|
$8.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Namhwa Industrial Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 179,722,931,970 to 186,304,469,470, a change of 6,581,537,500 (3.7%).
- Net income of 10,932,648,470 contributed positively to equity growth.
- Dividend payments of 4,117,600,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩10.93 Billion | +5.87% |
| Dividends Paid | ₩4.12 Billion | -2.21% |
| Other Changes | ₩-233.51 Million | -0.13% |
| Total Change | ₩- | 3.66% |
Book Value vs Market Value Analysis
This analysis compares Namhwa Industrial 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: 0.44x
- 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 0.64x to 0.44x 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 | ₩6233.43 | ₩3975.00 | x |
| 2017-12-31 | ₩6724.59 | ₩3975.00 | x |
| 2018-12-31 | ₩6443.65 | ₩3975.00 | x |
| 2019-12-31 | ₩6555.87 | ₩3975.00 | x |
| 2020-12-31 | ₩6818.93 | ₩3975.00 | x |
| 2021-12-31 | ₩7376.86 | ₩3975.00 | x |
| 2022-12-31 | ₩8185.21 | ₩3975.00 | x |
| 2023-12-31 | ₩8729.50 | ₩3975.00 | x |
| 2024-12-31 | ₩9049.18 | ₩3975.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Namhwa Industrial 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): 5.87%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 52.81%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.07x
- Recent ROE (5.87%) is below the historical average (6.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 6.50% | 54.90% | 0.11x | 1.12x | ₩-3.82 Billion |
| 2017 | 7.26% | 60.10% | 0.11x | 1.11x | ₩-3.23 Billion |
| 2018 | 3.18% | 31.34% | 0.09x | 1.10x | ₩-9.05 Billion |
| 2019 | 2.28% | 20.52% | 0.10x | 1.09x | ₩-10.42 Billion |
| 2020 | 4.71% | 37.32% | 0.12x | 1.09x | ₩-7.43 Billion |
| 2021 | 9.04% | 53.05% | 0.16x | 1.10x | ₩-1.45 Billion |
| 2022 | 12.25% | 67.83% | 0.17x | 1.08x | ₩3.79 Billion |
| 2023 | 9.82% | 71.57% | 0.13x | 1.07x | ₩-316.75 Million |
| 2024 | 5.87% | 52.81% | 0.10x | 1.07x | ₩-7.70 Billion |
Industry Comparison
This section compares Namhwa Industrial Co. Ltd's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $373,178,074,939
- Average return on equity (ROE) among peers: -3.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Namhwa Industrial Co. Ltd (111710) | ₩185.98 Billion | 6.50% | 0.07x | $8.26 Million |
| Samchuly Bicycle Co. Ltd (024950) | $92.23 Billion | 5.53% | 1.94x | $19.59 Million |
| Fila Holdings Corp (081660) | $2.31 Trillion | 10.20% | 0.86x | $1.16 Billion |
| E-World (084680) | $86.44 Billion | 0.00% | 0.81x | $34.93 Million |
| Yellow Balloon Tour Co. Ltd (104620) | $43.48 Billion | -23.44% | 1.02x | $28.88 Million |
| 111380 (111380) | $51.61 Billion | 54.89% | 2.85x | $15.41 Million |
| Alton Sports Co.Ltd (123750) | $30.31 Billion | -70.34% | 0.95x | $10.79 Million |
| Heng Sheng Holding Group Limited (900270) | $1.69 Billion | 0.20% | 0.19x | $9.56 Million |