Naver Corporation (035420) — Tangible Net Worth Ratio
Naver Corporation (035420) has a Tangible Net Worth Ratio of 96.1% as of December 2025. This metric is calculated by deducting intangible assets (₩1.12 Trillion) from net assets (₩28.95 Trillion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Naver Corporation (035420) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Naver Corporation Tangible Net Worth Ratio (2004–2025)
This chart shows how Naver Corporation's Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 96.1%, reflecting net assets of ₩28.95 Trillion with intangible assets of ₩1.12 Trillion KRW. For live market cap and overall valuation, see Naver Corporation stock valuation.
Annual Tangible Net Worth Ratio for Naver Corporation (2004–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Naver Corporation from 2004 to 2025, covering 22 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore how much does Naver Corporation reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (KRW) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.1% | ₩28.95 Trillion | ₩1.12 Trillion | ₩41.08 Trillion | ▼ -0.2 pp |
| 2024 | 96.3% | ₩27.00 Trillion | ₩987.98 Billion | ₩38.17 Trillion | ▼ -0.1 pp |
| 2023 | 96.4% | ₩24.24 Trillion | ₩867.51 Billion | ₩35.74 Trillion | ▼ -1.3 pp |
| 2022 | 97.7% | ₩23.45 Trillion | ₩533.69 Billion | ₩33.90 Trillion | ▼ -1.0 pp |
| 2021 | 98.7% | ₩24.03 Trillion | ₩310.83 Billion | ₩33.69 Trillion | ▼ -0.4 pp |
| 2020 | 99.1% | ₩8.26 Trillion | ₩70.89 Billion | ₩17.01 Trillion | ▲ +1.1 pp |
| 2019 | 98.0% | ₩6.50 Trillion | ₩129.31 Billion | ₩12.30 Trillion | ▼ -0.3 pp |
| 2018 | 98.3% | ₩5.95 Trillion | ₩102.31 Billion | ₩9.88 Trillion | ▲ +0.3 pp |
| 2017 | 98.0% | ₩5.31 Trillion | ₩106.31 Billion | ₩8.02 Trillion | ▼ -0.4 pp |
| 2016 | 98.4% | ₩4.13 Trillion | ₩66.39 Billion | ₩6.37 Trillion | ▲ +1.0 pp |
| 2015 | 97.4% | ₩2.27 Trillion | ₩59.79 Billion | ₩4.39 Trillion | ▲ +4.1 pp |
| 2014 | 93.3% | ₩1.80 Trillion | ₩120.76 Billion | ₩3.39 Trillion | ▲ +2.4 pp |
| 2013 | 90.9% | ₩1.48 Trillion | ₩134.03 Billion | ₩2.70 Trillion | ▼ -2.7 pp |
| 2012 | 93.6% | ₩1.90 Trillion | ₩121.59 Billion | ₩2.93 Trillion | ▲ +2.4 pp |
| 2011 | 91.2% | ₩1.58 Trillion | ₩138.83 Billion | ₩2.37 Trillion | ▼ -0.4 pp |
| 2010 | 91.6% | ₩1.37 Trillion | ₩114.45 Billion | ₩1.98 Trillion | ▼ -4.6 pp |
| 2009 | 96.2% | ₩1.09 Trillion | ₩41.56 Billion | ₩1.61 Trillion | ▲ +1.2 pp |
| 2008 | 95.1% | ₩732.45 Billion | ₩36.24 Billion | ₩1.22 Trillion | ▼ -2.9 pp |
| 2007 | 98.0% | ₩479.75 Billion | ₩9.63 Billion | ₩856.18 Billion | ▼ 0.0 pp |
| 2006 | 98.0% | ₩380.90 Billion | ₩7.53 Billion | ₩582.26 Billion | ▲ +0.2 pp |
| 2005 | 97.8% | ₩238.62 Billion | ₩5.14 Billion | ₩405.58 Billion | ▲ +36.5 pp |
| 2004 | 61.3% | ₩264.14 Billion | ₩102.23 Billion | ₩371.35 Billion | — |