NAVER Corp
NAVER Corporation, together with its subsidiaries, provides online search portal and online information services in South Korea, Japan, and internationally. The company offers various search platforms. It is involved in the manufacture of cosmetics; electronic financial business; film and audio content production and distribution; animation and VFX production; Webtoon service development; languag… Read more
NAVER Corp (NHNCF) - Net Assets
Latest net assets as of September 2025: $28.79 Trillion USD
Based on the latest financial reports, NAVER Corp (NHNCF) has net assets worth $28.79 Trillion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($40.77 Trillion) and total liabilities ($11.98 Trillion). 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 | $28.79 Trillion |
| % of Total Assets | 70.62% |
| Annual Growth Rate | 26.75% |
| 5-Year Change | 227.08% |
| 10-Year Change | 1089.69% |
| Growth Volatility | 45.67 |
NAVER Corp - Net Assets Trend (2007–2024)
This chart illustrates how NAVER Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NAVER Corp (2007–2024)
The table below shows the annual net assets of NAVER Corp from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $27.00 Trillion | +11.40% |
| 2023-12-31 | $24.24 Trillion | +3.36% |
| 2022-12-31 | $23.45 Trillion | -2.40% |
| 2021-12-31 | $24.03 Trillion | +191.06% |
| 2020-12-31 | $8.26 Trillion | +26.93% |
| 2019-12-31 | $6.50 Trillion | +9.33% |
| 2018-12-31 | $5.95 Trillion | +12.14% |
| 2017-12-31 | $5.31 Trillion | +28.47% |
| 2016-12-31 | $4.13 Trillion | +81.95% |
| 2015-12-31 | $2.27 Trillion | +26.27% |
| 2014-12-31 | $1.80 Trillion | +21.83% |
| 2013-12-31 | $1.48 Trillion | -22.50% |
| 2012-12-31 | $1.90 Trillion | +20.64% |
| 2011-12-31 | $1.58 Trillion | +15.50% |
| 2010-12-31 | $1.37 Trillion | +24.77% |
| 2009-12-31 | $1.09 Trillion | +49.49% |
| 2008-12-31 | $732.45 Billion | +52.67% |
| 2007-12-31 | $479.75 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to NAVER 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 4531.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $25.96 Trillion | 101.98% |
| Common Stock | $16.48 Billion | 0.06% |
| Other Comprehensive Income | $-1.07 Trillion | -4.20% |
| Other Components | $547.06 Billion | 2.15% |
| Total Equity | $25.46 Trillion | 100.00% |
NAVER Corp Competitors by Market Cap
The table below lists competitors of NAVER Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sun Communities Inc
NYSE:SUI
|
$16.46 Billion |
|
Cdi 1:1 Foreign Exempt Nyse Deferred Settlement
AU:AMCDD
|
$16.47 Billion |
|
MTU Aero Engines AG
PINK:MTUAF
|
$16.50 Billion |
|
Ball Corporation
NYSE:BALL
|
$16.50 Billion |
|
nVent Electric PLC
NYSE:NVT
|
$16.41 Billion |
|
KE HOLDINGS SP.ADS/1 CL.A
F:KE8A
|
$16.34 Billion |
|
Royal Gold Inc
NASDAQ:RGLD
|
$16.34 Billion |
|
China Life Insurance Co Ltd
PINK:CILJF
|
$16.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NAVER Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,206,042,241,000 to 25,459,903,574,000, a change of 2,253,861,333,000 (9.7%).
- Net income of 1,923,237,257,000 contributed positively to equity growth.
- Dividend payments of 118,984,856,000 reduced retained earnings.
- Share repurchases of 405,122,711,000 reduced equity.
- New share issuances of 11,738,394,000 increased equity.
- Other comprehensive income increased equity by 676,207,307,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.92 Trillion | +7.55% |
| Dividends Paid | $118.98 Billion | -0.47% |
| Share Repurchases | $405.12 Billion | -1.59% |
| Share Issuances | $11.74 Billion | +0.05% |
| Other Comprehensive Income | $676.21 Billion | +2.66% |
| Other Changes | $166.79 Billion | +0.66% |
| Total Change | $- | 9.71% |
Book Value vs Market Value Analysis
This analysis compares NAVER 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: 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $2928.96 | $115.00 | x |
| 2008-12-31 | $3965.46 | $115.00 | x |
| 2009-12-31 | $6282.50 | $115.00 | x |
| 2010-12-31 | $8845.00 | $115.00 | x |
| 2011-12-31 | $10367.45 | $115.00 | x |
| 2012-12-31 | $12594.03 | $115.00 | x |
| 2013-12-31 | $7789.34 | $115.00 | x |
| 2014-12-31 | $12074.85 | $115.00 | x |
| 2015-12-31 | $14431.71 | $115.00 | x |
| 2016-12-31 | $24480.37 | $115.00 | x |
| 2017-12-31 | $32733.79 | $115.00 | x |
| 2018-12-31 | $35834.39 | $115.00 | x |
| 2019-12-31 | $39889.42 | $115.00 | x |
| 2020-12-31 | $50277.55 | $115.00 | x |
| 2021-12-31 | $156900.07 | $115.00 | x |
| 2022-12-31 | $151205.94 | $115.00 | x |
| 2023-12-31 | $153832.16 | $115.00 | x |
| 2024-12-31 | $166177.60 | $115.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NAVER 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): 7.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.91%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.50x
- Recent ROE (7.55%) is below the historical average (32.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 59.47% | 27.10% | 1.19x | 1.85x | $229.51 Billion |
| 2008 | 59.49% | 26.70% | 1.13x | 1.97x | $306.55 Billion |
| 2009 | 42.81% | 26.35% | 1.00x | 1.63x | $322.67 Billion |
| 2010 | 36.18% | 27.88% | 0.90x | 1.45x | $357.60 Billion |
| 2011 | 28.52% | 21.21% | 0.89x | 1.50x | $292.23 Billion |
| 2012 | 28.80% | 22.85% | 0.82x | 1.54x | $356.44 Billion |
| 2013 | 128.96% | 82.07% | 0.86x | 1.83x | $1.75 Trillion |
| 2014 | 25.30% | 16.47% | 0.81x | 1.89x | $274.86 Billion |
| 2015 | 24.42% | 15.96% | 0.74x | 2.06x | $306.29 Billion |
| 2016 | 20.84% | 18.63% | 0.63x | 1.77x | $389.83 Billion |
| 2017 | 16.23% | 16.52% | 0.58x | 1.68x | $296.64 Billion |
| 2018 | 12.38% | 11.61% | 0.57x | 1.89x | $124.78 Billion |
| 2019 | 6.90% | 6.07% | 0.54x | 2.12x | $-180.11 Billion |
| 2020 | 13.60% | 18.89% | 0.31x | 2.31x | $265.36 Billion |
| 2021 | 70.06% | 241.87% | 0.20x | 1.43x | $14.14 Trillion |
| 2022 | 3.34% | 9.25% | 0.24x | 1.49x | $-1.51 Trillion |
| 2023 | 4.36% | 10.47% | 0.27x | 1.54x | $-1.31 Trillion |
| 2024 | 7.55% | 17.91% | 0.28x | 1.50x | $-622.75 Billion |
Industry Comparison
This section compares NAVER Corp's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,625,500,796
- Average return on equity (ROE) among peers: 1.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NAVER Corp (NHNCF) | $28.79 Trillion | 59.47% | 0.42x | $16.41 Billion |
| ADWYF (ADWYF) | $12.45 Billion | 1.32% | 0.53x | $40.28 Million |
| Allied Energy Inc (AGGI) | $-1.09 Million | 0.00% | 0.00x | $122.37 Million |
| Calibre (ALWIN) | $-687.00K | 0.00% | 0.00x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $176.39 Million | -4.45% | 0.68x | $215.27 Million |
| ApartmentLove Inc (APMLF) | $-12.38K | 0.00% | 0.00x | $1.13K |
| Arena Group Holdings Inc (AREN) | $-52.15 Million | 0.00% | 0.00x | $35.83 Million |
| Autohome Inc (ATHM) | $7.12 Billion | 13.92% | 0.06x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $636.50 |
| BDCTF (BDCTF) | $3.15 Million | -39.54% | 7.80x | $12.72 Million |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $41.50 Billion |