Namhwa Industrial Co. Ltd (111710) - Net Assets
Based on the latest financial reports, Namhwa Industrial Co. Ltd (111710) has net assets worth ₩185.98 Billion KRW (≈ $126.04 Million USD) 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 ≈ $134.91 Million USD) and total liabilities (₩13.10 Billion ≈ $8.88 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 asset resilience ratio of Namhwa Industrial Co. Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore total assets of Namhwa Industrial Co. Ltd for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 111710 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 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 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 |
|---|---|
|
Mesa Air Group Inc
NASDAQ:MESA
|
$58.63 Million |
|
ABO Wind AG
XETRA:AB9
|
$58.64 Million |
|
Tune Protect Group Bhd
KLSE:5230
|
$58.66 Million |
|
Deneb Investments Ltd
JSE:DNB
|
$58.66 Million |
|
Monalisa
KO:012690
|
$58.60 Million |
|
Flanigans Enterprises Inc
NYSE MKT:BDL
|
$58.55 Million |
|
Cumberland Pharmaceuticals Inc
NASDAQ:CPIX
|
$58.49 Million |
|
Eltek Ltd
NASDAQ:ELTK
|
$58.46 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: 0.46x
- 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 0.67x to 0.46x 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 | ₩4200.00 | x |
| 2017-12-31 | ₩6724.59 | ₩4200.00 | x |
| 2018-12-31 | ₩6443.65 | ₩4200.00 | x |
| 2019-12-31 | ₩6555.87 | ₩4200.00 | x |
| 2020-12-31 | ₩6818.93 | ₩4200.00 | x |
| 2021-12-31 | ₩7376.86 | ₩4200.00 | x |
| 2022-12-31 | ₩8185.21 | ₩4200.00 | x |
| 2023-12-31 | ₩8729.50 | ₩4200.00 | x |
| 2024-12-31 | ₩9049.18 | ₩4200.00 | 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: $249,470,387,208
- Average return on equity (ROE) among peers: 2.36%
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 | $58.60 Million |
| Samchuly Bicycle Co. Ltd (024950) | $93.42 Billion | -5.40% | 0.53x | $33.79 Million |
| Fila Holdings Corp (081660) | $1.23 Trillion | 5.05% | 1.49x | $1.55 Billion |
| E-World (084680) | $86.44 Billion | 0.00% | 0.81x | $184.89 Million |
| Yellow Balloon Tour Co. Ltd (104620) | $40.17 Billion | 11.17% | 1.45x | $56.45 Million |
| Alton Sports Co.Ltd (123750) | $40.76 Billion | 3.94% | 0.80x | $17.82 Million |
| Heng Sheng Holding Group Limited (900270) | $1.71 Billion | -0.60% | 0.18x | $139.16 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 under the name SEASIDE. The company was founded in 1990 and is headquartered in Muan-eup, South Korea.