Gravity Co Ltd
Gravity Co., Ltd. develops and publishes online and mobile games worldwide. It offers massively multiplayer online role-playing games, including Ragnarok Online, Dragonica, Ragnarok Online II, and Ragnarok Landverse. Its mobile games portfolio includes Ragnarok M; Eternal Love; Ragnarok Origin; Ragnarok X: Next Generation; Ragnarok Arena; WITH ISLAND; the Labyrinth of Ragnarok; Ragnarok Poring; T… Read more
Gravity Co Ltd (GRVY) - Net Assets
Latest net assets as of September 2025: $621.60 Billion USD
Based on the latest financial reports, Gravity Co Ltd (GRVY) has net assets worth $621.60 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($730.85 Billion) and total liabilities ($109.25 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 | $621.60 Billion |
| % of Total Assets | 85.05% |
| Annual Growth Rate | 40.96% |
| 5-Year Change | 220.48% |
| 10-Year Change | 1795.05% |
| Growth Volatility | 55.26 |
Gravity Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Gravity Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gravity Co Ltd (2000–2024)
The table below shows the annual net assets of Gravity Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $568.36 Billion | +22.56% |
| 2023-12-31 | $463.73 Billion | +40.45% |
| 2022-12-31 | $330.18 Billion | +33.76% |
| 2021-12-31 | $246.84 Billion | +39.18% |
| 2020-12-31 | $177.35 Billion | +53.20% |
| 2019-12-31 | $115.77 Billion | +53.23% |
| 2018-12-31 | $75.55 Billion | +71.71% |
| 2017-12-31 | $44.00 Billion | +37.50% |
| 2016-12-31 | $32.00 Billion | +6.69% |
| 2015-12-31 | $29.99 Billion | -38.71% |
| 2014-12-31 | $48.93 Billion | -29.25% |
| 2013-12-31 | $69.16 Billion | -20.69% |
| 2012-12-31 | $87.21 Billion | -13.93% |
| 2011-12-31 | $101.32 Billion | +2.96% |
| 2010-12-31 | $98.41 Billion | +17.70% |
| 2009-12-31 | $83.61 Billion | +9.14% |
| 2008-12-31 | $76.61 Billion | +1.35% |
| 2007-12-31 | $75.59 Billion | -19.26% |
| 2006-12-31 | $93.61 Billion | -21.67% |
| 2005-12-31 | $119.50 Billion | +163.58% |
| 2004-12-31 | $45.34 Billion | +134.46% |
| 2003-12-31 | $19.34 Billion | -- |
| 2002-12-31 | $0.00 | -- |
| 2000-12-31 | $150.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gravity 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 51341800000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $513.42 Billion | 90.44% |
| Common Stock | $3.47 Billion | 0.61% |
| Other Components | $50.78 Billion | 8.95% |
| Total Equity | $567.67 Billion | 100.00% |
Gravity Co Ltd Competitors by Market Cap
The table below lists competitors of Gravity Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MH Robot & Automation Co. Ltd.
SHE:301199
|
$169.96 Million |
|
TROOPS Inc
NASDAQ:TROO
|
$169.98 Million |
|
M-tron Industries, Inc.
NYSE MKT:MPTI
|
$170.03 Million |
|
Real Asset Acquisition Corp.
NASDAQ:RAAQ
|
$170.08 Million |
|
Corby Spirit and Wine Limited
PINK:CBYDF
|
$169.86 Million |
|
DV8 Public Company Limited
BK:DV8
|
$169.76 Million |
|
USANA Health Sciences Inc
NYSE:USNA
|
$169.73 Million |
|
Edom Technology Co Ltd
TW:3048
|
$169.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gravity Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 463,087,000,000 to 567,672,000,000, a change of 104,585,000,000 (22.6%).
- Net income of 84,919,000,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 4,016,535,000.
- Other factors increased equity by 23,682,535,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $84.92 Billion | +14.96% |
| Other Comprehensive Income | $-4.02 Billion | -0.71% |
| Other Changes | $23.68 Billion | +4.17% |
| Total Change | $- | 22.58% |
Book Value vs Market Value Analysis
This analysis compares Gravity 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: 0.00x
- 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 0.40x to 0.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $150.00 | $60.11 | x |
| 2003-12-31 | $3769.85 | $60.11 | x |
| 2004-12-31 | $8170.81 | $60.11 | x |
| 2005-12-31 | $17470.01 | $60.11 | x |
| 2006-12-31 | $13467.55 | $60.11 | x |
| 2007-12-31 | $10867.72 | $60.11 | x |
| 2008-12-31 | $11004.76 | $60.11 | x |
| 2009-12-31 | $12001.32 | $60.11 | x |
| 2010-12-31 | $12579.83 | $60.11 | x |
| 2011-12-31 | $14581.43 | $60.11 | x |
| 2012-12-31 | $12494.51 | $60.11 | x |
| 2013-12-31 | $9901.84 | $60.11 | x |
| 2014-12-31 | $7013.88 | $60.11 | x |
| 2015-12-31 | $4386.74 | $60.11 | x |
| 2016-12-31 | $4604.91 | $60.11 | x |
| 2017-12-31 | $6413.51 | $60.11 | x |
| 2018-12-31 | $10959.68 | $60.11 | x |
| 2019-12-31 | $16627.77 | $60.11 | x |
| 2020-12-31 | $25458.47 | $60.11 | x |
| 2021-12-31 | $35410.98 | $60.11 | x |
| 2022-12-31 | $47420.78 | $60.11 | x |
| 2023-12-31 | $66640.81 | $60.11 | x |
| 2024-12-31 | $81691.18 | $60.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gravity 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): 14.96%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.96%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.21x
- Recent ROE (14.96%) is above the historical average (-1.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -233.33% | -86.42% | 1.95x | 1.39x | $-365.00 Million |
| 2003 | 82.31% | 34.57% | 1.48x | 1.61x | $13.98 Billion |
| 2004 | 62.22% | 45.32% | 1.04x | 1.32x | $23.68 Billion |
| 2005 | -2.51% | -5.68% | 0.37x | 1.20x | $-14.95 Billion |
| 2006 | -22.69% | -54.36% | 0.33x | 1.25x | $-30.60 Billion |
| 2007 | -30.74% | -57.67% | 0.42x | 1.28x | $-30.77 Billion |
| 2008 | -3.63% | -5.22% | 0.55x | 1.25x | $-10.42 Billion |
| 2009 | 3.70% | 7.01% | 0.43x | 1.23x | $-5.26 Billion |
| 2010 | 4.73% | 10.61% | 0.31x | 1.44x | $-4.61 Billion |
| 2011 | 14.58% | 36.72% | 0.34x | 1.17x | $4.64 Billion |
| 2012 | -16.45% | -27.48% | 0.49x | 1.23x | $-22.96 Billion |
| 2013 | -26.09% | -42.31% | 0.49x | 1.26x | $-24.84 Billion |
| 2014 | -41.10% | -56.64% | 0.55x | 1.31x | $-24.90 Billion |
| 2015 | -55.65% | -47.57% | 0.78x | 1.50x | $-20.01 Billion |
| 2016 | -2.30% | -2.11% | 0.67x | 1.63x | $-3.94 Billion |
| 2017 | 29.89% | 9.40% | 1.22x | 2.60x | $8.86 Billion |
| 2018 | 41.29% | 10.96% | 1.66x | 2.27x | $23.83 Billion |
| 2019 | 34.51% | 11.05% | 2.06x | 1.52x | $28.32 Billion |
| 2020 | 35.44% | 15.45% | 1.53x | 1.50x | $45.01 Billion |
| 2021 | 26.80% | 15.93% | 1.26x | 1.33x | $41.34 Billion |
| 2022 | 25.24% | 17.94% | 1.04x | 1.35x | $50.21 Billion |
| 2023 | 28.51% | 18.20% | 1.25x | 1.25x | $85.71 Billion |
| 2024 | 14.96% | 16.96% | 0.73x | 1.21x | $28.15 Billion |
Industry Comparison
This section compares Gravity Co Ltd's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $3,313,913,293
- Average return on equity (ROE) among peers: -81.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gravity Co Ltd (GRVY) | $621.60 Billion | -233.33% | 0.18x | $169.94 Million |
| Alliance Media Holdings Inc (ADTR) | $3.34 Million | 5.56% | 2.25x | $1.00 |
| Alpha Esports Tech Inc (APETF) | $2.65 Million | -47.32% | 0.21x | $1.19K |
| Atlantis Internet Group Corp (ATIG) | $-2.11 Million | 0.00% | 0.00x | $1.96 |
| Kuuhubb Inc (BCDMF) | $448.25K | -290.46% | 0.57x | $333.35K |
| Blue Hat Interactive Entertainment (BHAT) | $6.95 Million | 37.02% | 0.79x | $1.57K |
| i3 Interactive Inc (BLITF) | $439.47K | -289.81% | 0.19x | $21.80K |
| Global Gaming Technologies Corp (BLKCF) | $3.39 Million | -79.50% | 0.30x | $12.22K |
| Capcom Co. Ltd (CCOEF) | $32.49 Billion | 11.15% | 2.27x | $8.38 Billion |
| Doubledown Interactive Co Ltd (DDI) | $626.23 Million | -37.36% | 0.26x | $7.07 Million |
| DarkIris Inc. Class A Ordinary Shares (DKI) | $6.78 Million | -127.41% | 0.25x | $2.82 Million |