Daishin Balance 1
Neptune Company develops and supplies mobile games in South Korea. The company operates game studios under the TREEPLLA, PLAYHARD, NFLY STUDIO, EK GAMES, NCROQUIS, Play Lab, HNC Games, prettybusy, and Nimble Neuron names. It also engages in platform business. In addition, the company operates SSP and Ad exchange platforms comprising AD(X) and AdPie for monetizing in-game advertising space in mobi… Read more
Daishin Balance 1 (217270) - Net Assets
Latest net assets as of September 2025: ₩365.52 Billion KRW
Based on the latest financial reports, Daishin Balance 1 (217270) has net assets worth ₩365.52 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 (₩407.31 Billion) and total liabilities (₩41.79 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 | ₩365.52 Billion |
| % of Total Assets | 89.74% |
| Annual Growth Rate | 49.11% |
| 5-Year Change | 216.56% |
| 10-Year Change | N/A |
| Growth Volatility | 110.68 |
Daishin Balance 1 - Net Assets Trend (2015–2024)
This chart illustrates how Daishin Balance 1's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Daishin Balance 1 (2015–2024)
The table below shows the annual net assets of Daishin Balance 1 from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩368.12 Billion | +1.07% |
| 2023-12-31 | ₩364.23 Billion | -5.22% |
| 2022-12-31 | ₩384.27 Billion | -2.29% |
| 2021-12-31 | ₩393.27 Billion | +238.19% |
| 2020-12-31 | ₩116.29 Billion | +68.97% |
| 2019-12-31 | ₩68.82 Billion | -5.04% |
| 2018-12-31 | ₩72.47 Billion | -14.74% |
| 2017-12-31 | ₩85.00 Billion | +111.26% |
| 2016-12-31 | ₩40.23 Billion | +298.52% |
| 2015-12-31 | ₩10.10 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Daishin Balance 1'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 333796.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩23.34 Billion | 6.34% |
| Other Components | ₩420.03 Billion | 114.10% |
| Total Equity | ₩368.12 Billion | 100.00% |
Daishin Balance 1 Competitors by Market Cap
The table below lists competitors of Daishin Balance 1 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hagag Europe Development ZF Ltd
TA:HGGE
|
$2.27 Million |
|
LCC Infotech Limited
NSE:LCCINFOTEC
|
$2.27 Million |
|
UV GERMI S.A. EO -15
F:1NY
|
$2.27 Million |
|
Silynxcom Ltd.
NYSE MKT:SYNX
|
$2.27 Million |
|
NexPoint Hospitality Trust
V:NHT-U
|
$2.27 Million |
|
Vivic Corp
OTCQB:VIVC
|
$2.27 Million |
|
TOR Minerals International Inc
PINK:TORM
|
$2.27 Million |
|
Bio-Gene Technology Ltd
AU:BGT
|
$2.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daishin Balance 1's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 368,639,933,130 to 368,119,755,140, a change of -520,177,990 (-0.1%).
- Net income of 1,945,273,680 contributed positively to equity growth.
- Share repurchases of 265,434,970 reduced equity.
- New share issuances of 265,970,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.95 Billion | +0.53% |
| Share Repurchases | ₩265.43 Million | -0.07% |
| Share Issuances | ₩265.97 Million | +0.07% |
| Other Changes | ₩-2.47 Billion | -0.67% |
| Total Change | ₩- | -0.14% |
Book Value vs Market Value Analysis
This analysis compares Daishin Balance 1'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: 0.53x
- 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 1.90x to 0.53x 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 | ₩2289.16 | ₩4360.00 | x |
| 2017-12-31 | ₩4479.88 | ₩4360.00 | x |
| 2018-12-31 | ₩3400.62 | ₩4360.00 | x |
| 2019-12-31 | ₩2953.22 | ₩4360.00 | x |
| 2020-12-31 | ₩4918.84 | ₩4360.00 | x |
| 2021-12-31 | ₩12410.95 | ₩4360.00 | x |
| 2022-12-31 | ₩8628.17 | ₩4360.00 | x |
| 2023-12-31 | ₩8239.76 | ₩4360.00 | x |
| 2024-12-31 | ₩8204.64 | ₩4360.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daishin Balance 1 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): 0.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.60%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.11x
- Recent ROE (0.53%) is above the historical average (-2.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.22% | 0.00% | 0.00x | 1.05x | ₩-987.06 Million |
| 2016 | -8.97% | -19.69% | 0.38x | 1.19x | ₩-7.63 Billion |
| 2017 | 39.90% | 165.19% | 0.19x | 1.30x | ₩25.41 Billion |
| 2018 | -46.38% | -184.96% | 0.14x | 1.79x | ₩-40.86 Billion |
| 2019 | -25.71% | -98.10% | 0.16x | 1.68x | ₩-24.58 Billion |
| 2020 | 39.76% | 235.42% | 0.12x | 1.39x | ₩34.61 Billion |
| 2021 | 19.75% | 382.86% | 0.04x | 1.19x | ₩38.34 Billion |
| 2022 | -42.16% | -549.83% | 0.07x | 1.11x | ₩-200.45 Billion |
| 2023 | -4.26% | -15.74% | 0.24x | 1.11x | ₩-52.57 Billion |
| 2024 | 0.53% | 1.60% | 0.30x | 1.11x | ₩-34.87 Billion |
Industry Comparison
This section compares Daishin Balance 1's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $346,391,670,496
- Average return on equity (ROE) among peers: 6.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daishin Balance 1 (217270) | ₩365.52 Billion | 0.22% | 0.11x | $2.27 Million |
| Barunson Entertainment & Arts Corporation (035620) | $24.55 Billion | -12.74% | 0.95x | $9.61 Million |
| NCsoft Corp (036570) | $1.38 Trillion | 16.72% | 0.23x | $1.68 Billion |
| HANBIT SOFT Inc (047080) | $17.61 Billion | 0.00% | 0.97x | $12.95 Million |
| Actoz Soft Co.Ltd (052790) | $92.20 Billion | -16.15% | 0.38x | $19.75 Million |
| JOYCITY Corporation (067000) | $25.75 Billion | -4.99% | 1.52x | $69.22 Million |
| Com2uS Corporation (078340) | $210.58 Billion | 37.64% | 0.19x | $173.54 Million |
| SundayToz Corp (123420) | $104.66 Billion | 19.48% | 0.10x | $28.73 Million |
| Nhn Entertain (181710) | $1.01 Trillion | 1.83% | 0.16x | $337.98 Million |
| DoubleU Games Co Ltd (192080) | $404.62 Billion | 8.74% | 1.46x | $347.46 Million |
| Devsisters corporation (194480) | $195.34 Billion | 16.02% | 0.04x | $199.46 Million |