NH Special Purpose Acquisition 21 Co. Ltd. (391710) - Net Assets
Based on the latest financial reports, NH Special Purpose Acquisition 21 Co. Ltd. (391710) has net assets worth ₩24.58 Billion KRW (≈ $16.66 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 (₩44.60 Billion ≈ $30.22 Million USD) and total liabilities (₩20.02 Billion ≈ $13.57 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. Also explore NH Special Purpose Acquisition 21 Co. Lt (391710) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩24.58 Billion |
| % of Total Assets | 55.11% |
| Annual Growth Rate | 3.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.74 |
NH Special Purpose Acquisition 21 Co. Ltd. - Net Assets Trend (2022–2025)
This chart illustrates how NH Special Purpose Acquisition 21 Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Check NH Special Purpose Acquisition 21 Co. Lt (391710) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for NH Special Purpose Acquisition 21 Co. Ltd. (2022–2025)
The table below shows the annual net assets of NH Special Purpose Acquisition 21 Co. Ltd. from 2022 to 2025. For live valuation and market cap data, see NH Special Purpose Acquisition 21 Co. Lt market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩24.59 Billion ≈ $16.67 Million |
-5.83% |
| 2024-12-31 | ₩26.11 Billion ≈ $17.70 Million |
-0.23% |
| 2023-12-31 | ₩26.17 Billion ≈ $17.74 Million |
+17.06% |
| 2022-12-31 | ₩22.36 Billion ≈ $15.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NH Special Purpose Acquisition 21 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 728069776000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩2.59 Billion | 10.52% |
| Other Components | ₩22.01 Billion | 89.48% |
| Total Equity | ₩24.59 Billion | 100.00% |
NH Special Purpose Acquisition 21 Co. Ltd. Competitors by Market Cap
The table below lists competitors of NH Special Purpose Acquisition 21 Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grand Vision Media Holdings PLC
LSE:GVMH
|
$7.03K |
|
American Shipping Company ASA
OL:AMSC
|
$7.19K |
|
L1 Group Limited
AU:L1G
|
$7.30K |
|
Versarien PLC
LSE:VRS
|
$7.31K |
|
Charoen Pokphand Foods Public Company Limited
F:CPOF
|
$6.52K |
|
Acheter Louer
PA:ALALO
|
$6.42K |
|
IMAGIN MEDICAL INC.
F:DPD3
|
$6.33K |
|
CuChi Commercial and Industrial Developing Investment JSC
VN:CCI
|
$6.32K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NH Special Purpose Acquisition 21 Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 26,114,657,450 to 24,593,341,460, a change of -1,521,315,990 (-5.8%).
- Net loss of 2,900,443,110 reduced equity.
- New share issuances of 359,583,100 increased equity.
- Other factors increased equity by 1,019,544,020.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-2.90 Billion | -11.79% |
| Share Issuances | ₩359.58 Million | +1.46% |
| Other Changes | ₩1.02 Billion | +4.15% |
| Total Change | ₩- | -5.83% |
Book Value vs Market Value Analysis
This analysis compares NH Special Purpose Acquisition 21 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: 1.82x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩556.05 | ₩1064.00 | x |
| 2023-12-31 | ₩630.68 | ₩1064.00 | x |
| 2024-12-31 | ₩620.86 | ₩1064.00 | x |
| 2025-12-31 | ₩584.69 | ₩1064.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NH Special Purpose Acquisition 21 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): -11.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.64%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.96x
- Recent ROE (-11.79%) is below the historical average (-5.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -24.91% | -18.51% | 0.96x | 1.40x | ₩-7.81 Billion |
| 2023 | 8.93% | 8.55% | 0.64x | 1.63x | ₩-280.27 Million |
| 2024 | 3.92% | 1.84% | 1.42x | 1.50x | ₩-1.59 Billion |
| 2025 | -11.79% | -9.64% | 0.62x | 1.96x | ₩-5.36 Billion |
Industry Comparison
This section compares NH Special Purpose Acquisition 21 Co. Ltd.'s net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $22,520,003,970
- Average return on equity (ROE) among peers: 7.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NH Special Purpose Acquisition 21 Co. Ltd. (391710) | ₩24.58 Billion | -24.91% | 0.81x | $6.70K |
| Sangsangin Ian No.1 Special Purpose Acquisition Co. Ltd (307870) | $9.00 Billion | 0.71% | 0.10x | $43.00 Million |
| Ibkimyoung Co. Ltd (339950) | $36.04 Billion | 14.25% | 1.08x | $80.23 Million |
About NH Special Purpose Acquisition 21 Co. Ltd.
Kornic Automation Co., Ltd. provides software for semiconductor and display equipment control solution in South Korea. It offers MetaFactory solutions, an active and autonomous production system platform for customers applying metaverse to industrial sites; SmartFactory solutions, an integrated automation solution for analysis and inspection of secondary battery material components; Control Solut… Read more