Pearl Abyss Corp (263750) - Net Assets
Based on the latest financial reports, Pearl Abyss Corp (263750) has net assets worth ₩809.24 Billion KRW (≈ $548.41 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.13 Trillion ≈ $765.11 Million USD) and total liabilities (₩319.76 Billion ≈ $216.70 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 asset resilience ratio of Pearl Abyss Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩809.24 Billion |
| % of Total Assets | 71.68% |
| Annual Growth Rate | 49.47% |
| 5-Year Change | 26.54% |
| 10-Year Change | N/A |
| Growth Volatility | 100.65 |
Pearl Abyss Corp - Net Assets Trend (2015–2024)
This chart illustrates how Pearl Abyss Corp's net assets have evolved over time, based on quarterly financial data. Also explore 263750 asset base for the complete picture of this company's asset base.
Annual Net Assets for Pearl Abyss Corp (2015–2024)
The table below shows the annual net assets of Pearl Abyss Corp from 2015 to 2024. For live valuation and market cap data, see Pearl Abyss Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩805.97 Billion ≈ $546.20 Million |
+11.17% |
| 2023-12-31 | ₩724.99 Billion ≈ $491.32 Million |
+3.67% |
| 2022-12-31 | ₩699.30 Billion ≈ $473.91 Million |
-2.74% |
| 2021-12-31 | ₩719.00 Billion ≈ $487.25 Million |
+12.89% |
| 2020-12-31 | ₩636.91 Billion ≈ $431.63 Million |
+8.13% |
| 2019-12-31 | ₩589.02 Billion ≈ $399.17 Million |
+44.36% |
| 2018-12-31 | ₩408.03 Billion ≈ $276.51 Million |
+48.27% |
| 2017-12-31 | ₩275.20 Billion ≈ $186.50 Million |
+250.35% |
| 2016-12-31 | ₩78.55 Billion ≈ $53.23 Million |
+263.11% |
| 2015-12-31 | ₩21.63 Billion ≈ $14.66 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Pearl Abyss Corp'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 2758.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩558.57 Billion | 69.30% |
| Common Stock | ₩6.62 Billion | 0.82% |
| Other Components | ₩240.78 Billion | 29.87% |
| Total Equity | ₩805.97 Billion | 100.00% |
Pearl Abyss Corp Competitors by Market Cap
The table below lists competitors of Pearl Abyss Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wockhardt Limited
NSE:WOCKPHARMA
|
$2.45 Billion |
|
OPERAD.D.SIT.MEX.A1 -01
F:98Y
|
$2.45 Billion |
|
CJ Cheiljedang
KO:097950
|
$2.46 Billion |
|
China Marine Information Electronics Co Ltd
SHG:600764
|
$2.46 Billion |
|
Treasury Wine Estates Ltd
AU:TWE
|
$2.45 Billion |
|
Highwoods Properties Inc
NYSE:HIW
|
$2.45 Billion |
|
Inter & Co. Inc. Class A Common Shares
NASDAQ:INTR
|
$2.45 Billion |
|
Eaglerise Electric & Electronic China Co Ltd Class A
SHE:002922
|
$2.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pearl Abyss Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 724,990,449,520 to 805,974,577,840, a change of 80,984,128,320 (11.2%).
- Net income of 60,343,569,970 contributed positively to equity growth.
- Other factors increased equity by 20,640,558,350.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩60.34 Billion | +7.49% |
| Other Changes | ₩20.64 Billion | +2.56% |
| Total Change | ₩- | 11.17% |
Book Value vs Market Value Analysis
This analysis compares Pearl Abyss Corp'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: 4.49x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 35.31x to 4.49x 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 | ₩1668.12 | ₩58900.00 | x |
| 2017-12-31 | ₩4906.55 | ₩58900.00 | x |
| 2018-12-31 | ₩6785.44 | ₩58900.00 | x |
| 2019-12-31 | ₩9694.31 | ₩58900.00 | x |
| 2020-12-31 | ₩10583.12 | ₩58900.00 | x |
| 2021-12-31 | ₩11757.36 | ₩58900.00 | x |
| 2022-12-31 | ₩11412.31 | ₩58900.00 | x |
| 2023-12-31 | ₩11803.93 | ₩58900.00 | x |
| 2024-12-31 | ₩13122.47 | ₩58900.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pearl Abyss Corp 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): 7.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.62%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.42x
- Recent ROE (7.49%) is below the historical average (27.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 112.91% | 72.50% | 0.76x | 2.05x | ₩22.26 Billion |
| 2016 | 64.75% | 54.85% | 0.91x | 1.29x | ₩43.01 Billion |
| 2017 | 5.35% | 28.12% | 0.18x | 1.08x | ₩-12.79 Billion |
| 2018 | 35.89% | 36.18% | 0.57x | 1.75x | ₩105.64 Billion |
| 2019 | 26.77% | 29.42% | 0.62x | 1.47x | ₩98.75 Billion |
| 2020 | 15.83% | 20.63% | 0.54x | 1.41x | ₩37.16 Billion |
| 2021 | 8.26% | 14.70% | 0.30x | 1.89x | ₩-12.53 Billion |
| 2022 | -6.15% | -11.15% | 0.32x | 1.75x | ₩-112.93 Billion |
| 2023 | 2.10% | 4.56% | 0.27x | 1.67x | ₩-57.29 Billion |
| 2024 | 7.49% | 17.62% | 0.30x | 1.42x | ₩-20.25 Billion |
Industry Comparison
This section compares Pearl Abyss Corp's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $598,753,351,713
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pearl Abyss Corp (263750) | ₩809.24 Billion | 112.91% | 0.40x | $2.45 Billion |
| Barunson Entertainment & Arts Corporation (035620) | $77.07 Billion | -10.46% | 0.36x | $12.23 Million |
| NCsoft Corp (036570) | $1.90 Trillion | 14.36% | 0.25x | $3.56 Billion |
| HANBIT SOFT Inc (047080) | $12.08 Billion | 14.22% | 1.71x | $22.26 Million |
| Actoz Soft Co.Ltd (052790) | $195.50 Billion | 19.13% | 0.50x | $41.90 Million |
| JOYCITY Corporation (067000) | $107.69 Billion | 5.12% | 1.25x | $116.06 Million |
| Com2uS Corporation (078340) | $634.98 Billion | 23.90% | 0.12x | $253.50 Million |
| SundayToz Corp (123420) | $127.34 Billion | 10.76% | 0.08x | $56.39 Million |
| Nhn Entertain (181710) | $1.84 Trillion | 1.16% | 0.38x | $868.14 Million |
| DoubleU Games Co Ltd (192080) | $927.89 Billion | 12.10% | 0.10x | $810.48 Million |
| Devsisters corporation (194480) | $165.30 Billion | 36.54% | 0.66x | $168.30 Million |
About Pearl Abyss Corp
Pearl Abyss Corp. engages in development and supply of games services. It is involved in game publishing; the provision of server, line and operation services; investment and management consulting services; and operating services. The company was founded in 2010 and is headquartered in Gwacheon-si, South Korea.