FNC Entertainment Co Ltd (173940) - Net Assets

Latest as of March 2026: ₩22.29 Billion KRW ≈ $15.11 Million USD

Based on the latest financial reports, FNC Entertainment Co Ltd (173940) has net assets worth ₩22.29 Billion KRW (≈ $15.11 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩115.52 Billion ≈ $78.28 Million USD) and total liabilities (₩93.22 Billion ≈ $63.18 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 173940 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩22.29 Billion
% of Total Assets	19.3%
Annual Growth Rate	-9.12%
5-Year Change	-66.28%
10-Year Change	-74.94%
Growth Volatility	22.13

FNC Entertainment Co Ltd - Net Assets Trend (2014–2025)

This chart illustrates how FNC Entertainment Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of FNC Entertainment Co Ltd to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for FNC Entertainment Co Ltd (2014–2025)

The table below shows the annual net assets of FNC Entertainment Co Ltd from 2014 to 2025. For live valuation and market cap data, see 173940 stock market capitalisation.

Year	Net Assets	Change
2025-12-31	₩19.52 Billion ≈ $13.23 Million	-36.65%
2024-12-31	₩30.82 Billion ≈ $20.88 Million	-14.45%
2023-12-31	₩36.02 Billion ≈ $24.41 Million	-18.69%
2022-12-31	₩44.30 Billion ≈ $30.02 Million	-23.48%
2021-12-31	₩57.89 Billion ≈ $39.23 Million	-1.51%
2020-12-31	₩58.78 Billion ≈ $39.83 Million	-11.46%
2019-12-31	₩66.39 Billion ≈ $44.99 Million	+2.68%
2018-12-31	₩64.66 Billion ≈ $43.82 Million	-4.74%
2017-12-31	₩67.87 Billion ≈ $46.00 Million	-12.86%
2016-12-31	₩77.89 Billion ≈ $52.78 Million	-10.07%
2015-12-31	₩86.61 Billion ≈ $58.70 Million	+55.05%
2014-12-31	₩55.86 Billion ≈ $37.86 Million	--

Equity Component Analysis

This analysis shows how different components contribute to FNC Entertainment 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 decreased by 343.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	₩59.02 Billion	303.39%
Total Equity	₩19.45 Billion	100.00%

FNC Entertainment Co Ltd Competitors by Market Cap

The table below lists competitors of FNC Entertainment Co Ltd ranked by their market capitalization.

Company	Market Cap
Horizon Space Acquisition I Corp. Ordinary Shares NASDAQ:HSPO	$29.21 Million
Asia Precision Public Company Limited BK:APCS	$29.21 Million
Unlimited Travel Group UTG AB (publ) ST:UTG	$29.22 Million
West Coast Silver Ltd AU:WCE	$29.22 Million
Quickstep Holdings Ltd AU:QHL	$29.18 Million
Trajan Group Holdings Ltd AU:TRJ	$29.15 Million
PJP Makrum S.A. WAR:PJP	$29.14 Million
Q/C Technologies, Inc. NASDAQ:QCLS	$29.14 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in FNC Entertainment Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 30,741,211,080 to 19,451,886,890, a change of -11,289,324,190 (-36.7%).
Net loss of 11,809,712,610 reduced equity.
Other factors increased equity by 520,388,420.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩-11.81 Billion	-60.71%
Other Changes	₩520.39 Million	+2.68%
Total Change	₩-	-36.72%

Book Value vs Market Value Analysis

This analysis compares FNC Entertainment 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: 2.21x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.53x to 2.21x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	₩5477.53	₩2885.00	x
2017-12-31	₩4882.91	₩2885.00	x
2018-12-31	₩4651.68	₩2885.00	x
2019-12-31	₩4776.23	₩2885.00	x
2020-12-31	₩4228.64	₩2885.00	x
2021-12-31	₩4164.70	₩2885.00	x
2022-12-31	₩3004.63	₩2885.00	x
2023-12-31	₩2408.53	₩2885.00	x
2024-12-31	₩2059.31	₩2885.00	x
2025-12-31	₩1303.06	₩2885.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently FNC Entertainment 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): -60.71%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -11.54%
• Asset Turnover: 0.93x
• Equity Multiplier: 5.66x
Recent ROE (-60.71%) is below the historical average (-15.43%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	14.05%	13.06%	0.79x	1.37x	₩2.26 Billion
2015	2.60%	3.10%	0.66x	1.27x	₩-6.41 Billion
2016	-5.05%	-4.30%	0.68x	1.72x	₩-11.72 Billion
2017	-10.27%	-7.93%	0.71x	1.83x	₩-13.76 Billion
2018	-1.98%	-1.73%	0.88x	1.30x	₩-7.75 Billion
2019	-10.48%	-8.27%	0.73x	1.74x	₩-13.60 Billion
2020	-12.95%	-10.51%	0.55x	2.25x	₩-13.49 Billion
2021	-16.05%	-12.52%	0.57x	2.26x	₩-15.08 Billion
2022	-39.72%	-26.74%	0.69x	2.16x	₩-22.02 Billion
2023	-23.02%	-9.18%	0.81x	3.11x	₩-11.86 Billion
2024	-21.57%	-7.69%	0.73x	3.85x	₩-9.70 Billion
2025	-60.71%	-11.54%	0.93x	5.66x	₩-13.75 Billion

Industry Comparison

This section compares FNC Entertainment Co Ltd's net assets metrics with peer companies in the Entertainment industry.

Industry Context

Industry: Entertainment
Average net assets among peers: $355,894,380,086
Average return on equity (ROE) among peers: 2.13%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
FNC Entertainment Co Ltd (173940)	₩22.29 Billion	14.05%	4.18x	$29.19 Million
IHQ Inc (003560)	$29.42 Billion	7.29%	0.91x	$39.98 Million
KIWI Media Group Co.Ltd (012170)	$19.94 Billion	-28.39%	0.37x	$14.53 Million
Barunson Co. Ltd (018700)	$66.62 Billion	24.20%	0.18x	$13.09 Million
Fantagio Corp (032800)	$17.23 Billion	-7.68%	0.47x	$59.05 Million
Taegu Broadcasting Corporation (033830)	$126.36 Billion	4.90%	0.06x	$25.63 Million
Seoul Broadcasting System (034120)	$723.45 Billion	6.83%	0.24x	$161.78 Million
CJ ENM CO. Ltd (035760)	$652.71 Billion	17.23%	1.98x	$531.41 Million
JYP Entertainment Corporation (035900)	$300.56 Billion	22.45%	0.37x	$1.25 Billion
Jcontentree Corp (036420)	$263.91 Billion	-51.12%	4.59x	$64.67 Million
SM Entertainment Co. Ltd (041510)	$1.36 Trillion	25.55%	0.48x	$1.28 Billion

About FNC Entertainment Co Ltd

KQ:173940 Korea Entertainment

Market Cap

$29.19 Million

₩43.07 Billion KRW

Market Cap Rank

#23918 Global

#1646 in Korea

Share Price

₩2885.00

Change (1 day)

-2.37%

52-Week Range

₩2740.00 - ₩5050.00

All Time High

₩23300.00