Codes Combine Co. Ltd (047770) — Tangible Net Worth Ratio

Latest as of September 2025: 97.0%

Codes Combine Co. Ltd (047770) has a Tangible Net Worth Ratio of 97.0% as of September 2025. This metric is calculated by deducting intangible assets (₩2.17 Billion) from net assets (₩71.29 Billion) 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. See 047770 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

97.0%
Tangible equity / total equity

Net Assets (Equity)

₩71.29 Billion
KRW

Intangible Assets

₩2.17 Billion
Goodwill, patents, brand value

Total Assets

₩94.65 Billion
KRW

Codes Combine Co. Ltd Tangible Net Worth Ratio (2009–2024)

This chart shows how Codes Combine Co. Ltd's Tangible Net Worth Ratio has changed across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 97.0%, reflecting net assets of ₩71.29 Billion with intangible assets of ₩2.17 Billion KRW. See Codes Combine Co. Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Codes Combine Co. Ltd (2009–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Codes Combine Co. Ltd from 2009 to 2024, covering 16 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. For the full company profile including market capitalisation, see 047770 market cap.

Year Tangible NW Ratio Net Assets (KRW) Intangible Assets Total Assets Change (pp)
2024 96.7% ₩65.60 Billion ₩2.16 Billion ₩88.88 Billion ▼ 0.0 pp
2023 96.7% ₩65.97 Billion ₩2.16 Billion ₩85.53 Billion ▼ -3.3 pp
2022 100.0% ₩59.82 Billion ₩0.00 ₩84.06 Billion ▲ +0.0 pp
2021 100.0% ₩52.22 Billion ₩0.00 ₩80.31 Billion ▲ +0.0 pp
2020 100.0% ₩45.64 Billion ₩0.00 ₩75.89 Billion ▲ +0.0 pp
2019 100.0% ₩41.59 Billion ₩0.00 ₩71.63 Billion ▲ +0.0 pp
2018 100.0% ₩34.74 Billion ₩0.00 ₩64.41 Billion ▲ +0.0 pp
2017 100.0% ₩28.06 Billion ₩0.00 ₩31.58 Billion ▲ +0.0 pp
2016 100.0% ₩25.56 Billion ₩0.00 ₩29.02 Billion ▲ +0.0 pp
2015 100.0% ₩23.80 Billion ₩0.00 ₩29.14 Billion ▲ +2.3 pp
2014 97.7% ₩5.23 Billion ₩120.47 Million ₩70.99 Billion ▼ -1.5 pp
2013 99.2% ₩29.16 Billion ₩246.95 Million ₩133.18 Billion ▲ +1.7 pp
2012 97.4% ₩48.78 Billion ₩1.25 Billion ₩176.41 Billion ▼ -0.6 pp
2011 98.1% ₩63.45 Billion ₩1.22 Billion ₩192.63 Billion ▼ -1.8 pp
2010 99.8% ₩66.32 Billion ₩108.11 Million ₩263.47 Billion ▲ +0.1 pp
2009 99.7% ₩56.48 Billion ₩170.54 Million ₩229.25 Billion
pp = percentage points