GOLFZON NEWDIN HOLDINGS Co. Ltd
GOLFZON NEWDIN HOLDINGS Co., Ltd., through its subsidiaries, engages in the golf and sports, health, and lifestyle businesses in South Korea and internationally. It offers Golfzon Driving Range (GDR), the golf practice simulator; operates approximately 50 specialty stores under the Golf Zone Market and Golfing names; operates public golf course; provides system for training national golf players;… Read more
GOLFZON NEWDIN HOLDINGS Co. Ltd (121440) - Net Assets
Latest net assets as of September 2025: ₩753.26 Billion KRW
Based on the latest financial reports, GOLFZON NEWDIN HOLDINGS Co. Ltd (121440) has net assets worth ₩753.26 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 (₩1.09 Trillion) and total liabilities (₩336.06 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 | ₩753.26 Billion |
| % of Total Assets | 69.15% |
| Annual Growth Rate | 5.97% |
| 5-Year Change | 58.06% |
| 10-Year Change | 35.22% |
| Growth Volatility | 9.96 |
GOLFZON NEWDIN HOLDINGS Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how GOLFZON NEWDIN HOLDINGS 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 GOLFZON NEWDIN HOLDINGS Co. Ltd (2011–2024)
The table below shows the annual net assets of GOLFZON NEWDIN HOLDINGS Co. Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩741.26 Billion | +4.02% |
| 2023-12-31 | ₩712.63 Billion | +4.63% |
| 2022-12-31 | ₩681.11 Billion | +13.67% |
| 2021-12-31 | ₩599.21 Billion | +27.77% |
| 2020-12-31 | ₩468.99 Billion | +4.52% |
| 2019-12-31 | ₩448.70 Billion | -7.41% |
| 2018-12-31 | ₩484.61 Billion | -3.25% |
| 2017-12-31 | ₩500.91 Billion | -5.02% |
| 2016-12-31 | ₩527.37 Billion | -3.80% |
| 2015-12-31 | ₩548.18 Billion | +12.70% |
| 2014-12-31 | ₩486.39 Billion | +14.57% |
| 2013-12-31 | ₩424.54 Billion | +3.14% |
| 2012-12-31 | ₩411.64 Billion | +17.96% |
| 2011-12-31 | ₩348.97 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to GOLFZON NEWDIN HOLDINGS 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 44391518540000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩443.92 Billion | 59.89% |
| Common Stock | ₩21.42 Billion | 2.89% |
| Other Components | ₩275.93 Billion | 37.22% |
| Total Equity | ₩741.26 Billion | 100.00% |
GOLFZON NEWDIN HOLDINGS Co. Ltd Competitors by Market Cap
The table below lists competitors of GOLFZON NEWDIN HOLDINGS Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Adi Sarana Armada Tbk
JK:ASSA
|
$63.59 Million |
|
PT Temas Tbk
JK:TMAS
|
$63.64 Million |
|
Paninvest Tbk
JK:PNIN
|
$63.64 Million |
|
CareRx Corporation
PINK:CHHHF
|
$63.66 Million |
|
Scully Royalty Ltd
NYSE:SRL
|
$63.58 Million |
|
STALPRODUKT ZY 2
F:0WB
|
$63.56 Million |
|
Spark I Acquisition Corp. Class A Ordinary Share
NASDAQ:SPKL
|
$63.54 Million |
|
Iljin Diamond
KO:081000
|
$63.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GOLFZON NEWDIN HOLDINGS Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 707,578,493,410 to 741,261,540,570, a change of 33,683,047,160 (4.8%).
- Net income of 43,610,388,110 contributed positively to equity growth.
- Dividend payments of 6,980,022,510 reduced retained earnings.
- Share repurchases of 4,999,808,740 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩43.61 Billion | +5.88% |
| Dividends Paid | ₩6.98 Billion | -0.94% |
| Share Repurchases | ₩5.00 Billion | -0.67% |
| Other Changes | ₩2.05 Billion | +0.28% |
| Total Change | ₩- | 4.76% |
Book Value vs Market Value Analysis
This analysis compares GOLFZON NEWDIN HOLDINGS 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: 0.26x
- 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 0.39x to 0.26x 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 | ₩12333.50 | ₩4835.00 | x |
| 2017-12-31 | ₩11714.73 | ₩4835.00 | x |
| 2018-12-31 | ₩11333.45 | ₩4835.00 | x |
| 2019-12-31 | ₩10493.67 | ₩4835.00 | x |
| 2020-12-31 | ₩10968.08 | ₩4835.00 | x |
| 2021-12-31 | ₩14013.63 | ₩4835.00 | x |
| 2022-12-31 | ₩15928.96 | ₩4835.00 | x |
| 2023-12-31 | ₩16929.12 | ₩4835.00 | x |
| 2024-12-31 | ₩18294.06 | ₩4835.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GOLFZON NEWDIN HOLDINGS 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): 5.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.29%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.42x
- Recent ROE (5.88%) is below the historical average (17.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 13.36% | 21.60% | 0.57x | 1.08x | ₩11.72 Billion |
| 2012 | 17.87% | 25.39% | 0.54x | 1.31x | ₩32.39 Billion |
| 2013 | 0.66% | 0.77% | 0.57x | 1.50x | ₩-39.65 Billion |
| 2014 | 16.29% | 18.44% | 0.56x | 1.57x | ₩30.60 Billion |
| 2015 | 158.90% | 529.41% | 0.21x | 1.40x | ₩816.26 Billion |
| 2016 | 0.76% | 1.86% | 0.28x | 1.44x | ₩-48.71 Billion |
| 2017 | -4.31% | -10.10% | 0.28x | 1.51x | ₩-71.68 Billion |
| 2018 | -1.47% | -3.19% | 0.29x | 1.60x | ₩-55.58 Billion |
| 2019 | -7.17% | -14.04% | 0.29x | 1.73x | ₩-77.02 Billion |
| 2020 | 6.01% | 9.65% | 0.37x | 1.70x | ₩-18.72 Billion |
| 2021 | 22.49% | 32.27% | 0.44x | 1.57x | ₩74.85 Billion |
| 2022 | 12.76% | 17.78% | 0.48x | 1.48x | ₩18.80 Billion |
| 2023 | 5.31% | 8.85% | 0.41x | 1.47x | ₩-33.22 Billion |
| 2024 | 5.88% | 11.29% | 0.37x | 1.42x | ₩-30.52 Billion |
Industry Comparison
This section compares GOLFZON NEWDIN HOLDINGS Co. Ltd's net assets metrics with peer companies in the Leisure Products industry.
Industry Context
- Industry: Leisure Products
- Average net assets among peers: $65,989,457,258
- Average return on equity (ROE) among peers: -11.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GOLFZON NEWDIN HOLDINGS Co. Ltd (121440) | ₩753.26 Billion | 13.36% | 0.45x | $63.59 Million |
| ES Cube Co. Ltd (050120) | $69.41 Billion | -35.42% | 9.30x | $11.95 Million |
| SONOKONG Co. Ltd (066910) | $32.30 Billion | 0.04% | 1.58x | $9.90 Million |
| Innox Corporation (088390) | $128.70 Billion | 7.29% | 0.62x | $22.79 Million |
| VC Inc. (365900) | $33.55 Billion | -17.49% | 1.43x | $5.67 Million |