Namhwa Industrial Co. Ltd (111710) - Net Assets
Based on the latest financial reports, Namhwa Industrial Co. Ltd (111710) has net assets worth ₩188.22 Billion KRW (≈ $127.55 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩203.20 Billion ≈ $137.71 Million USD) and total liabilities (₩14.98 Billion ≈ $10.15 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 Namhwa Industrial Co. Ltd (111710) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩188.22 Billion |
| % of Total Assets | 92.63% |
| Annual Growth Rate | 6.29% |
| 5-Year Change | 24.37% |
| 10-Year Change | N/A |
| Growth Volatility | 3.75 |
Namhwa Industrial Co. Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Namhwa Industrial Co. Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Namhwa Industrial Co. Ltd.
Annual Net Assets for Namhwa Industrial Co. Ltd (2016–2025)
The table below shows the annual net assets of Namhwa Industrial Co. Ltd from 2016 to 2025. Also explore net asset growth rate of Namhwa Industrial Co. Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩188.89 Billion ≈ $128.01 Million |
+1.39% |
| 2024-12-31 | ₩186.30 Billion ≈ $126.26 Million |
+3.66% |
| 2023-12-31 | ₩179.72 Billion ≈ $121.80 Million |
+6.65% |
| 2022-12-31 | ₩168.52 Billion ≈ $114.20 Million |
+10.96% |
| 2021-12-31 | ₩151.87 Billion ≈ $102.92 Million |
+8.18% |
| 2020-12-31 | ₩140.39 Billion ≈ $95.14 Million |
+4.01% |
| 2019-12-31 | ₩134.97 Billion ≈ $91.47 Million |
+1.74% |
| 2018-12-31 | ₩132.66 Billion ≈ $89.90 Million |
+12.73% |
| 2017-12-31 | ₩117.68 Billion ≈ $79.75 Million |
+7.88% |
| 2016-12-31 | ₩109.09 Billion ≈ $73.93 Million |
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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 65.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩174.65 Billion | 92.46% |
| Other Components | ₩14.24 Billion | 7.54% |
| Total Equity | ₩188.89 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 |
|---|---|
|
Clean TEQ Water Ltd
AU:CNQ
|
$44.44 Million |
|
Imago Mulia Persada Tbk PT
JK:LFLO
|
$44.44 Million |
|
Doganlar Mobilya Grubu Imalat Sanayi ve Ticaret AS
IS:DGNMO
|
$44.46 Million |
|
Ralco Agencies Ltd
TA:RLCO
|
$44.46 Million |
|
eSang Networks Co.Ltd
KQ:080010
|
$44.40 Million |
|
Minna Padi Investama Tbk
JK:PADI
|
$44.39 Million |
|
Kapuas Prima Coal Tbk PT
JK:ZINC
|
$44.39 Million |
|
Romerike Sparebank
OL:ROMER
|
$44.37 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 2024 to 2025, total equity changed from 186,304,469,470 to 188,892,832,490, a change of 2,588,363,020 (1.4%).
- Net income of 6,671,954,160 contributed positively to equity growth.
- Dividend payments of 4,117,600,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩6.67 Billion | +3.53% |
| Dividends Paid | ₩4.12 Billion | -2.18% |
| Other Changes | ₩34.01 Million | +0.02% |
| Total Change | ₩- | 1.39% |
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: 0.35x
- 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 0.51x to 0.35x 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 | ₩3185.00 | x |
| 2017-12-31 | ₩6724.59 | ₩3185.00 | x |
| 2018-12-31 | ₩6443.65 | ₩3185.00 | x |
| 2019-12-31 | ₩6555.87 | ₩3185.00 | x |
| 2020-12-31 | ₩6818.93 | ₩3185.00 | x |
| 2021-12-31 | ₩7376.86 | ₩3185.00 | x |
| 2022-12-31 | ₩8185.21 | ₩3185.00 | x |
| 2023-12-31 | ₩8729.50 | ₩3185.00 | x |
| 2024-12-31 | ₩9049.18 | ₩3185.00 | x |
| 2025-12-31 | ₩9174.90 | ₩3185.00 | 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): 3.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.78%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.07x
- Recent ROE (3.53%) is below the historical average (6.44%), 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 |
| 2025 | 3.53% | 39.78% | 0.08x | 1.07x | ₩-12.22 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: $422,176,951,837
- Average return on equity (ROE) among peers: -6.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Namhwa Industrial Co. Ltd (111710) | ₩188.22 Billion | 6.50% | 0.08x | $44.44 Million |
| Samchuly Bicycle Co. Ltd (024950) | $98.72 Billion | 12.68% | 0.31x | $34.13 Million |
| Fila Holdings Corp (081660) | $2.31 Trillion | 10.20% | 0.86x | $1.48 Billion |
| E-World (084680) | $86.44 Billion | 0.00% | 0.81x | $51.12 Million |
| Yellow Balloon Tour Co. Ltd (104620) | $23.85 Billion | 17.17% | 2.64x | $37.77 Million |
| Alton Sports Co.Ltd (123750) | $15.87 Billion | -77.01% | 1.12x | $17.23 Million |
| Heng Sheng Holding Group Limited (900270) | $1.69 Billion | 0.20% | 0.19x | $367.02 Million |
About 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. Namhwa Industrial Co., Ltd. was founded in 1990 and is headquartered in Muan-eup, South Korea.