GOLFZON NEWDIN HOLDINGS Co. Ltd (121440) - Net Assets

Latest as of December 2025: ₩750.10 Billion KRW ≈ $508.33 Million USD

Based on the latest financial reports, GOLFZON NEWDIN HOLDINGS Co. Ltd (121440) has net assets worth ₩750.10 Billion KRW (≈ $508.33 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.06 Trillion ≈ $718.10 Million USD) and total liabilities (₩309.53 Billion ≈ $209.76 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 tangible net worth ratio of GOLFZON NEWDIN HOLDINGS Co. Ltd to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩750.10 Billion
% of Total Assets	70.79%
Annual Growth Rate	5.62%
5-Year Change	25.18%
10-Year Change	42.23%
Growth Volatility	9.7

GOLFZON NEWDIN HOLDINGS Co. Ltd - Net Assets Trend (2011–2025)

This chart illustrates how GOLFZON NEWDIN HOLDINGS Co. Ltd's net assets have evolved over time, based on quarterly financial data. See GOLFZON NEWDIN HOLDINGS Co. Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for GOLFZON NEWDIN HOLDINGS Co. Ltd (2011–2025)

The table below shows the annual net assets of GOLFZON NEWDIN HOLDINGS Co. Ltd from 2011 to 2025. For live valuation and market cap data, see 121440 market cap overview.

Year	Net Assets	Change
2025-12-31	₩750.10 Billion ≈ $508.33 Million	+1.19%
2024-12-31	₩741.26 Billion ≈ $502.34 Million	+4.02%
2023-12-31	₩712.63 Billion ≈ $482.94 Million	+4.63%
2022-12-31	₩681.11 Billion ≈ $461.58 Million	+13.67%
2021-12-31	₩599.21 Billion ≈ $406.08 Million	+27.77%
2020-12-31	₩468.99 Billion ≈ $317.83 Million	+4.52%
2019-12-31	₩448.70 Billion ≈ $304.08 Million	-7.41%
2018-12-31	₩484.61 Billion ≈ $328.41 Million	-3.25%
2017-12-31	₩500.91 Billion ≈ $339.46 Million	-5.02%
2016-12-31	₩527.37 Billion ≈ $357.39 Million	-3.80%
2015-12-31	₩548.18 Billion ≈ $371.49 Million	+12.70%
2014-12-31	₩486.39 Billion ≈ $329.62 Million	+14.57%
2013-12-31	₩424.54 Billion ≈ $287.71 Million	+3.14%
2012-12-31	₩411.64 Billion ≈ $278.96 Million	+17.96%
2011-12-31	₩348.97 Billion ≈ $236.49 Million	--

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 57780864181000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	₩577.81 Billion	77.58%
Other Components	₩167.00 Billion	22.42%
Total Equity	₩744.81 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
Affinity Bancshares Inc NASDAQ:AFBI	$137.20 Million
Readytech Holdings Ltd AU:RDY	$137.26 Million
De Licacy Industrial Co Ltd TW:1464	$137.28 Million
Wam Alternative Assets Ltd AU:WMA	$137.29 Million
Southern Silver Exploration Corp. V:SSV	$137.03 Million
Peak Rare EARTHS Ltd AU:PEK	$137.02 Million
Quoc Cuong Gia Lai JSC VN:QCG	$136.94 Million
FIT Holding Co Ltd TW:3712	$136.93 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 2024 to 2025, total equity changed from 741,261,540,570 to 744,807,282,940, a change of 3,545,742,370 (0.5%).
Net income of 24,023,266,910 contributed positively to equity growth.
Dividend payments of 10,129,810,500 reduced retained earnings.
Share repurchases of 9,997,061,090 reduced equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩24.02 Billion	+3.23%
Dividends Paid	₩10.13 Billion	-1.36%
Share Repurchases	₩10.00 Billion	-1.34%
Other Changes	₩-350.65 Million	-0.05%
Total Change	₩-	0.48%

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: 0.25x
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 0.38x to 0.25x 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	₩4730.00	x
2017-12-31	₩11714.73	₩4730.00	x
2018-12-31	₩11333.45	₩4730.00	x
2019-12-31	₩10493.67	₩4730.00	x
2020-12-31	₩10968.08	₩4730.00	x
2021-12-31	₩14013.63	₩4730.00	x
2022-12-31	₩15928.96	₩4730.00	x
2023-12-31	₩16929.12	₩4730.00	x
2024-12-31	₩18294.06	₩4730.00	x
2025-12-31	₩19283.17	₩4730.00	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): 3.23%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.78%
• Asset Turnover: 0.33x
• Equity Multiplier: 1.42x
Recent ROE (3.23%) is below the historical average (16.70%), 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
2025	3.23%	6.78%	0.33x	1.42x	₩-50.46 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: $89,003,900,712
Average return on equity (ROE) among peers: 4.23%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
GOLFZON NEWDIN HOLDINGS Co. Ltd (121440)	₩750.10 Billion	13.36%	0.41x	$137.06 Million
Aurora World Corporation (039830)	$97.59 Billion	13.18%	1.31x	$127.16 Million
ES Cube Co. Ltd (050120)	$42.54 Billion	1.55%	0.31x	$167.45 Million
SONOKONG Co. Ltd (066910)	$20.30 Billion	-24.46%	1.67x	$39.73 Million
Innox Corporation (088390)	$195.58 Billion	26.68%	0.48x	$53.42 Million

About GOLFZON NEWDIN HOLDINGS Co. Ltd

KQ:121440 Korea Leisure Products

Market Cap

$137.06 Million

₩202.25 Billion KRW

Market Cap Rank

#18069 Global

#798 in Korea

Share Price

₩4730.00

Change (1 day)

-0.42%

52-Week Range

₩4230.00 - ₩6450.00

All Time High

₩9841.78