GOLFZON NEWDIN HOLDINGS Co. Ltd (121440) - Net Assets
Based on the latest financial reports, GOLFZON NEWDIN HOLDINGS Co. Ltd (121440) has net assets worth ₩751.21 Billion KRW (≈ $509.09 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 (₩1.10 Trillion ≈ $745.81 Million USD) and total liabilities (₩349.31 Billion ≈ $236.73 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 GOLFZON NEWDIN HOLDINGS Co. Ltd (121440) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩751.21 Billion |
| % of Total Assets | 68.26% |
| 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. For live market cap and overall valuation, see GOLFZON NEWDIN HOLDINGS Co. Ltd market cap and net worth.
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. Also explore GOLFZON NEWDIN HOLDINGS Co. Ltd (121440) net asset momentum to track the company's year-over-year net asset growth rate.
| 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 |
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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 |
|---|---|
|
Taj GVK Hotels & Resorts Limited
NSE:TAJGVK
|
$226.08 Million |
|
Tifico Fiber Indonesia Tbk
JK:TFCO
|
$226.09 Million |
|
Eagle High Plantations Tbk
JK:BWPT
|
$226.13 Million |
|
Junee Limited Ordinary Shares
NASDAQ:JUNE
|
$226.20 Million |
|
Medeon Biodesign
TWO:6499
|
$226.02 Million |
|
Ocean Plastics Co Ltd
TW:1321
|
$225.97 Million |
|
EBEST Investment & Securities Co. Ltd
KQ:078020
|
$225.94 Million |
|
TrueCar Inc
NASDAQ:TRUE
|
$225.91 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: 0.40x
- 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 0.63x to 0.40x 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 | ₩7800.00 | x |
| 2017-12-31 | ₩11714.73 | ₩7800.00 | x |
| 2018-12-31 | ₩11333.45 | ₩7800.00 | x |
| 2019-12-31 | ₩10493.67 | ₩7800.00 | x |
| 2020-12-31 | ₩10968.08 | ₩7800.00 | x |
| 2021-12-31 | ₩14013.63 | ₩7800.00 | x |
| 2022-12-31 | ₩15928.96 | ₩7800.00 | x |
| 2023-12-31 | ₩16929.12 | ₩7800.00 | x |
| 2024-12-31 | ₩18294.06 | ₩7800.00 | x |
| 2025-12-31 | ₩19283.17 | ₩7800.00 | 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: $62,046,013,032
- Average return on equity (ROE) among peers: -3.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GOLFZON NEWDIN HOLDINGS Co. Ltd (121440) | ₩751.21 Billion | 13.36% | 0.47x | $226.02 Million |
| Aurora World Corporation (039830) | $86.08 Billion | 7.21% | 1.34x | $100.47 Million |
| ES Cube Co. Ltd (050120) | $7.31 Billion | 0.00% | 0.88x | $175.58 Million |
| SONOKONG Co. Ltd (066910) | $22.28 Billion | 0.00% | 1.93x | $26.87 Million |
| Innox Corporation (088390) | $132.52 Billion | -22.31% | 0.61x | $51.20 Million |
About 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