Cash flow NEXON Co., Ltd.

Equities

3659

JP3758190007

Internet Services

Market Closed - Japan Exchange Other stock markets 01:30:00 2026-03-06 am EST			5-day change	1st Jan Change
3,039.00 ^JPY	+1.88%		-8.49%	-20.59%

Feb. 20	Nexon Appoints Patrick Söderlund as Executive Chairman	CI
Feb. 13	Wall Street Cues Damp Asia Stock Markets	MT

2bb4a77c5d3358145c2a24ef9.mHC3SKDYH6pIb7v3kJSdbw5uty-Lg5fvN7JHyOmdE7Y.rRf-F42xL5wNHdWtx8P3O0BWhkD58c65W-Eu_KbLS-HgGvAxkeBo_wQ8zA

Published financial data: NEXON CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	293B	274B	354B	423B	446B
Total Revenues	293B	274B	354B	423B	446B
Cost of Goods Sold, Total	69.01B	72.12B	106B	138B	165B
Gross Profit	224B	202B	248B	285B	281B
Selling General & Admin Expenses, Total	81.91B	82.05B	110B	119B	113B
Provision for Bad Debts	-	-	-	5.59B	51M
R&D Expenses	16.54B	21B	25.93B	24.62B	24.94B
Depreciation & Amortization - (IS)	5.25B	5.44B	3.75B	4.31B	4.54B
Other Operating Expenses	-1.19B	-436M	-426M	-106M	824M
Other Operating Expenses, Total	103B	108B	139B	153B	143B
Operating Income	121B	94.29B	109B	132B	138B
Interest Expense, Total	-357M	-415M	-588M	-1.41B	-2.11B
Interest And Investment Income	8.28B	6.45B	12.99B	24.62B	24.03B
Net Interest Expenses	7.92B	6.04B	12.4B	23.21B	21.93B
Income (Loss) On Equity Invest.	765M	-999M	-10.25B	-3.51B	-5.18B
Currency Exchange Gains (Loss)	-17.74B	36.43B	41.71B	10.44B	30.89B
Other Non Operating Income (Expenses)	-189M	-388M	656M	95M	4.78B
EBT, Excl. Unusual Items	112B	135B	154B	162B	191B
Gain (Loss) On Sale Of Investments	1.25B	3.94B	-2.33B	2.12B	3.16B
Gain (Loss) On Sale Of Assets	-56M	-5M	-32M	-8M	-168M
Asset Writedown	-5.27B	-3.83B	-10.69B	-38.61B	2.25B
EBT, Incl. Unusual Items	108B	135B	141B	126B	196B
Income Tax Expense	52.68B	22.41B	40.54B	54.84B	59.77B
Earnings From Continuing Operations	55.49B	113B	99.99B	71.08B	136B
Net Income to Company	55.49B	113B	99.99B	71.08B	136B
Minority Interest	731M	1.82B	349M	-475M	-1.37B
Net Income - (IS)	56.22B	115B	100B	70.61B	135B
Net Income to Common Incl Extra Items	56.22B	115B	100B	70.61B	135B
Net Income to Common Excl. Extra Items	56.22B	115B	100B	70.61B	135B
Per Share Items
Net EPS - Basic	63.57	128.91	114.74	82.89	161.79
Basic EPS - Continuing Operations	63.57	128.91	114.74	82.89	161.79
Basic Weighted Average Shares Outstanding	884M	891M	875M	852M	833M
Net EPS - Diluted	61.9	126.55	113.81	82.33	161.09
Diluted EPS - Continuing Operations	61.9	126.55	113.81	82.33	161.09
Diluted Weighted Average Shares Outstanding	894M	903M	882M	857M	837M
Normalized Basic EPS	80.16	96.98	110.16	118.62	141.39
Normalized Diluted EPS	79.3	95.74	109.27	117.84	140.83
Dividend Per Share	5	7.5	10	10	22.5
Payout Ratio	7.86	3.87	8.76	12.15	7.63
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	130B	103B	116B	141B	148B
EBITA	121B	94.29B	109B	132B	138B
EBIT	121B	94.29B	109B	132B	138B
Effective Tax Rate - (Ratio)	48.7	16.54	28.85	43.55	30.5
Normalized Net Income	70.88B	86.43B	96.34B	101B	118B
Supplemental Operating Expense Items
Advertising Expense	20.42B	17.39B	25.72B	32.98B	28.71B
Selling and Marketing Expenses	27.04B	23.14B	32.79B	43.52B	40.54B
General and Administrative Expenses	1.85B	2.84B	4.48B	3.42B	872M
Research And Development Expense From Footnotes	16.54B	21B	25.93B	24.62B	24.94B

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	253B	365B	409B	281B	332B
Short Term Investments	273B	170B	162B	316B	269B
Total Cash And Short Term Investments	526B	535B	572B	597B	601B
Accounts Receivable, Total	20.94B	17.58B	30.44B	37.87B	88.72B
Total Receivables	20.94B	17.58B	30.44B	37.87B	88.72B
Other Current Assets, Total	31.9B	41.21B	39.73B	54.88B	62.69B
Total Current Assets	579B	594B	642B	690B	752B
Net Property Plant And Equipment	34.22B	35.43B	45.96B	52.85B	63.36B
Long-term Investments	174B	263B	248B	238B	333B
Goodwill	38.42B	38.94B	40.14B	43.92B	44.57B
Other Intangibles, Total	14.94B	17.7B	9.66B	17.85B	34.82B
Deferred Tax Assets Long-Term	21.96B	38.21B	57.14B	55.9B	28.64B
Total Assets	862B	987B	1,043B	1,098B	1,257B
Liabilities
Accounts Payable, Total	10.67B	9.35B	14.7B	16.33B	15.65B
Accrued Expenses, Total	6.88B	5.79B	10.16B	11.74B	28.23B
Short-term Borrowings	2.09B	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	2.66B	3.04B	4.04B	5.63B	7.12B
Current Income Taxes Payable	15.77B	16.6B	23.7B	17.93B	19.1B
Unearned Revenue Current, Total	11.5B	11.03B	18.94B	21.06B	23.86B
Other Current Liabilities	8.39B	7.51B	11.58B	16.67B	13.7B
Total Current Liabilities	57.97B	53.32B	83.13B	89.37B	108B
Long-Term Debt	-	-	-	-	-
Long-Term Leases	11.84B	12.28B	19.28B	24.09B	32.88B
Deferred Tax Liability Non Current	51.12B	53.96B	50.37B	51.75B	59.39B
Other Non Current Liabilities	20.79B	21.17B	22.52B	26.32B	26.32B
Total Liabilities	142B	141B	175B	192B	226B
Common Stock, Total	22.68B	34.26B	38.97B	47.51B	50.8B
Additional Paid In Capital	17.42B	14.96B	18.33B	26.72B	30.08B
Retained Earnings	600B	713B	703B	707B	780B
Treasury Stock	-	-17.86B	-16.46B	-45.05B	-49.16B
Comprehensive Income and Other	69.98B	92.75B	114B	160B	207B
Total Common Equity	710B	837B	858B	896B	1,019B
Minority Interest	10.56B	9.22B	9.35B	10.31B	11.51B
Total Equity	720B	846B	868B	907B	1,031B
Total Liabilities And Equity	862B	987B	1,043B	1,098B	1,257B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	888M	891M	861M	839M	817M
ECS Total Common Shares Outstanding	887M	891M	861M	842M	823M
Book Value / Share	800.35	939.19	996.95	1.06K	1.24K
Tangible Book Value	657B	780B	808B	834B	940B
Tangible Book Value Per Share	740.19	875.61	939.11	991.51	1.14K
Total Debt	16.59B	15.33B	23.32B	29.72B	40B
Net Debt	-509B	-520B	-549B	-567B	-561B
Minority Interest, Total (Incl. Fin. Div)	10.56B	9.22B	9.35B	10.31B	11.51B
Equity Method Investments, Total	5.2B	58.93B	83.6B	58.12B	63.67B
Full Time Employees	6.29K	6.68K	7.47K	8.23K	9.33K
Accumulated Allowance for Doubtful Accounts (Supple)	1.08B	1.06B	982M	874M	864M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	108B	135B	141B	126B	196B
Depreciation & Amortization - CF	8.57B	8.47B	6.77B	8.6B	10.14B
Depreciation & Amortization, Total	8.57B	8.47B	6.77B	8.6B	10.14B
(Gain) Loss From Sale Of Asset	9.66B	2.94B	5.34B	3.04B	13.43B
(Gain) Loss on Sale of Investments - (CF)	-4.38B	-703M	1.02B	39.71B	-18.75B
(Income) Loss On Equity Investments - (CF)	-765M	999M	10.25B	3.51B	5.18B
Other Operating Activities, Total	-14.85B	-36.45B	-40.18B	-57.85B	-42.71B
Change In Accounts Receivable	5.86B	4.82B	-8.97B	-4.52B	-53.82B
Change In Accounts Payable	2.69B	-1.47B	4.09B	946M	-3.04B
Change in Other Net Operating Assets	22.65B	-8.16B	11.31B	9.34B	-5.45B
Cash from Operations	138B	106B	130B	129B	101B
Capital Expenditure	-2.34B	-1.58B	-2.8B	-3.41B	-3.64B
Sale of Property, Plant, and Equipment	77M	68M	120M	41M	136M
Cash Acquisitions	-2.08B	-52.64B	-29.05B	-26.63B	-5.29B
Divestitures	55M	-	9.61B	126M	-
Sale (Purchase) of Intangible assets	-890M	-12.54B	-3.1B	-2.31B	-4.05B
Investment in Marketable and Equity Securities, Total	-133B	89.06B	21.54B	-149B	27.45B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-10M	-4.27B	-6.13B	-5.1B
Other Investing Activities, Total	-2.04B	-4.28B	-2.97B	-1.3B	-2.07B
Cash from Investing	-140B	18.08B	-10.92B	-188B	7.44B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-137M	-2.09B	-	-	-
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-137M	-2.09B	-	-	-
Issuance of Common Stock	7.05B	4.1B	6.02B	12.48B	4.44B
Repurchase of Common Stock	-2.78B	-16.03B	-98.82B	-79.02B	-54.56B
Common Dividends Paid	-4.42B	-4.44B	-8.78B	-8.58B	-10.3B
Common & Preferred Stock Dividends Paid	-4.42B	-4.44B	-8.78B	-8.58B	-10.3B
Other Financing Activities, Total	-2.34B	-2.58B	-4.27B	-3.43B	-4.36B
Cash from Financing	-2.63B	-21.05B	-106B	-78.55B	-64.78B
Foreign Exchange Rate Adjustments	4.19B	9.72B	30.76B	9.36B	7.78B
Net Change in Cash	-1.07B	113B	44.13B	-129B	51.42B
Supplemental Items
Cash Interest Paid	408M	415M	585M	1.4B	2.1B
Cash Income Tax Paid (Refund)	17.88B	37.59B	39.64B	54.17B	43.74B
Levered Free Cash Flow	87.15B	44.12B	86.09B	66.7B	45.73B
Unlevered Free Cash Flow	87.38B	44.38B	86.46B	67.58B	47.05B
Change In Net Working Capital	-6.1B	8.9B	-17.43B	17.93B	41.86B
Net Debt Issued / Repaid	-137M	-2.09B	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	9.6	6.37	6.72	7.72	7.34
Return on Total Capital	11	7.37	7.78	9.04	8.62
Return On Equity %	8.21	14.44	11.67	8.01	14.06
Return on Common Equity	8.45	14.86	11.84	8.05	14.08
Margin Analysis
Gross Profit Margin %	76.45	73.72	70.1	67.42	63.06
SG&A Margin	27.95	29.89	30.99	28.06	25.26
EBITDA Margin %	44.39	37.44	32.75	33.26	33.27
EBITA Margin %	41.46	34.35	30.83	31.23	31
EBIT Margin %	41.46	34.35	30.83	31.23	31
Income From Continuing Operations Margin %	18.94	41.2	28.27	16.79	30.53
Net Income Margin %	19.19	41.86	28.37	16.68	30.22
Net Avail. For Common Margin %	19.19	41.86	28.37	16.68	30.22
Normalized Net Income Margin	24.19	31.49	27.24	23.87	26.41
Levered Free Cash Flow Margin	29.74	16.07	24.34	15.75	10.25
Unlevered Free Cash Flow Margin	29.82	16.17	24.44	15.96	10.54
Asset Turnover
Asset Turnover	0.37	0.3	0.35	0.4	0.38
Fixed Assets Turnover	9.11	7.88	8.69	8.57	7.68
Receivables Turnover (Average Receivables)	11.82	14.25	14.73	12.39	7.05
Short Term Liquidity
Current Ratio	9.98	11.13	7.72	7.71	6.99
Quick Ratio	9.43	10.36	7.24	7.1	6.41
Operating Cash Flow to Current Liabilities	2.37	1.99	1.57	1.44	0.94
Days Sales Outstanding (Average Receivables)	30.96	25.61	24.78	29.45	51.92
Average Days Payable Outstanding	48.85	50.66	41.51	41.06	35.51
Long Term Solvency
Total Debt/Equity	2.3	1.81	2.69	3.28	3.88
Total Debt / Total Capital	2.25	1.78	2.62	3.17	3.74
LT Debt/Equity	1.64	1.45	2.22	2.66	3.19
Long-Term Debt / Total Capital	1.61	1.43	2.16	2.57	3.07
Total Liabilities / Total Assets	16.44	14.26	16.81	17.44	18
EBIT / Interest Expense	340.32	227.2	185.48	93.76	65.65
EBITDA / Interest Expense	364.34	247.6	196.99	99.85	70.46
(EBITDA - Capex) / Interest Expense	357.78	243.78	192.23	97.44	68.74
Total Debt / EBITDA	0.13	0.15	0.2	0.21	0.27
Net Debt / EBITDA	-3.91	-5.06	-4.74	-4.03	-3.78
Total Debt / (EBITDA - Capex)	0.13	0.15	0.21	0.22	0.28
Net Debt / (EBITDA - Capex)	-3.99	-5.14	-4.85	-4.13	-3.87
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	17.9	-6.33	28.88	19.69	5.4
Gross Profit, 1 Yr. Growth %	18.55	-9.68	22.53	15.12	-1.42
EBITDA, 1 Yr. Growth %	15.31	-21	12.73	21.55	5.45
EBITA, 1 Yr. Growth %	15.6	-22.4	15.67	21.21	4.63
EBIT, 1 Yr. Growth %	15.6	-22.4	15.67	21.21	4.63
Earnings From Cont. Operations, 1 Yr. Growth %	-51	103.76	-11.56	-28.91	91.63
Net Income, 1 Yr. Growth %	-51.39	104.35	-12.66	-29.63	90.98
Normalized Net Income, 1 Yr. Growth %	-17.63	21.93	11.47	4.88	16.63
Diluted EPS Before Extra, 1 Yr. Growth %	-51.66	104.45	-10.07	-27.66	95.66
Accounts Receivable, 1 Yr. Growth %	-26.91	-16.04	73.2	24.4	134.25
Net Property, Plant and Equip., 1 Yr. Growth %	13.71	3.54	29.72	14.99	19.88
Total Assets, 1 Yr. Growth %	19.9	14.44	5.7	5.3	14.45
Tangible Book Value, 1 Yr. Growth %	18.08	18.81	3.64	3.23	12.6
Common Equity, 1 Yr. Growth %	14.5	17.86	2.57	4.44	13.7
Cash From Operations, 1 Yr. Growth %	30.96	-23.03	22.88	-1.1	-21.56
Capital Expenditures, 1 Yr. Growth %	64.35	-32.32	76.72	21.64	6.81
Levered Free Cash Flow, 1 Yr. Growth %	8.98	-49.38	95.14	-22.52	-31.44
Unlevered Free Cash Flow, 1 Yr. Growth %	8.92	-49.21	94.83	-21.83	-30.38
Dividend Per Share, 1 Yr. Growth %	100	50	33.33	0	125
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7.47	5.09	9.87	24.2	12.32
Gross Profit, 2 Yr. CAGR %	6.86	3.48	5.2	18.77	6.53
EBITDA, 2 Yr. CAGR %	7	-4.55	-5.63	17.05	13.21
EBITA, 2 Yr. CAGR %	6.49	-5.28	-5.25	18.41	12.62
EBIT, 2 Yr. CAGR %	6.49	-5.28	-5.25	18.41	12.62
Earnings From Cont. Operations, 2 Yr. CAGR %	-26.59	-0.08	34.24	-20.71	16.72
Net Income, 2 Yr. CAGR %	-27.74	-0.34	33.59	-21.6	15.93
Normalized Net Income, 2 Yr. CAGR %	-8.34	0.22	16.58	8.12	10.6
Diluted EPS Before Extra, 2 Yr. CAGR %	-28.07	-0.58	35.6	-19.34	18.97
Accounts Receivable, 2 Yr. CAGR %	-18.27	-21.66	20.59	46.79	70.71
Net Property, Plant and Equip., 2 Yr. CAGR %	16.61	8.51	15.9	22.13	17.41
Total Assets, 2 Yr. CAGR %	15.17	17.14	9.98	5.5	9.78
Tangible Book Value, 2 Yr. CAGR %	14.28	18.45	10.97	3.43	7.81
Common Equity, 2 Yr. CAGR %	13.07	16.17	9.95	3.5	8.97
Cash From Operations, 2 Yr. CAGR %	7.98	0.4	-2.75	10.24	-11.92
Capital Expenditures, 2 Yr. CAGR %	17.96	5.46	9.36	46.61	13.98
Levered Free Cash Flow, 2 Yr. CAGR %	8.95	-25.73	-0.61	22.96	-27.12
Unlevered Free Cash Flow, 2 Yr. CAGR %	9.06	-25.62	-0.53	23.41	-26.23
Dividend Per Share, 2 Yr. CAGR %	-	73.21	41.42	15.47	50
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	7.64	2.65	12.48	13.05	17.59
Gross Profit, 3 Yr. CAGR %	7.91	1.04	9.48	8.41	11.62
EBITDA, 3 Yr. CAGR %	6.12	-3.29	0.89	2.68	13.05
EBITA, 3 Yr. CAGR %	5.65	-4.17	1.24	2.85	13.63
EBIT, 3 Yr. CAGR %	5.65	-4.17	1.24	2.85	13.63
Earnings From Cont. Operations, 3 Yr. CAGR %	-0.61	3.16	-4.06	8.61	6.41
Net Income, 3 Yr. CAGR %	-0.31	2.19	-4.63	7.89	5.48
Normalized Net Income, 3 Yr. CAGR %	11.18	0.8	3.83	12.54	10.89
Diluted EPS Before Extra, 3 Yr. CAGR %	-0.83	1.89	-3.85	9.98	8.38
Accounts Receivable, 3 Yr. CAGR %	-15.95	-17.54	2.05	21.85	71.54
Net Property, Plant and Equip., 3 Yr. CAGR %	7.82	12.08	15.16	15.59	21.38
Total Assets, 3 Yr. CAGR %	16.45	14.92	13.19	8.4	8.4
Tangible Book Value, 3 Yr. CAGR %	15.08	15.77	13.29	8.32	6.4
Common Equity, 3 Yr. CAGR %	15.13	14.64	11.45	8.08	6.79
Cash From Operations, 3 Yr. CAGR %	19.46	-3.54	7.39	-2.2	-1.58
Capital Expenditures, 3 Yr. CAGR %	4.49	-1.98	25.27	13.31	31.92
Levered Free Cash Flow, 3 Yr. CAGR %	15.24	-15.62	2.49	-8.53	1.21
Unlevered Free Cash Flow, 3 Yr. CAGR %	15.31	-15.47	2.53	-8.21	1.97
Dividend Per Share, 3 Yr. CAGR %	-	-	58.74	25.99	44.22
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	9.02	8.43	8.53	10.78	12.42
Gross Profit, 5 Yr. CAGR %	9.77	8.43	6.82	7.79	8.29
EBITDA, 5 Yr. CAGR %	9.95	6.24	1.25	4.39	5.65
EBITA, 5 Yr. CAGR %	12.34	6.28	1.15	4.29	5.65
EBIT, 5 Yr. CAGR %	12.34	6.28	1.15	4.29	5.65
Earnings From Cont. Operations, 5 Yr. CAGR %	-0.04	40.68	12.09	-7.14	3.76
Net Income, 5 Yr. CAGR %	0.39	41.67	12.07	-8.09	3.12
Normalized Net Income, 5 Yr. CAGR %	9.25	12.9	13.31	3.67	6.49
Diluted EPS Before Extra, 5 Yr. CAGR %	-0.14	41.01	12.39	-7.2	4.7
Accounts Receivable, 5 Yr. CAGR %	-8.9	-8.25	-2.89	3.86	25.37
Net Property, Plant and Equip., 5 Yr. CAGR %	9.21	11.68	10.98	16	16.06
Total Assets, 5 Yr. CAGR %	15.16	17.43	13.82	11.06	11.81
Tangible Book Value, 5 Yr. CAGR %	14.64	17.5	13.42	10.67	11.07
Common Equity, 5 Yr. CAGR %	13.65	17.54	13.03	10.05	10.45
Cash From Operations, 5 Yr. CAGR %	18	7.64	10.02	1.75	-0.79
Capital Expenditures, 5 Yr. CAGR %	-4.04	-8.47	6.41	15.15	20.62
Levered Free Cash Flow, 5 Yr. CAGR %	16.23	-0.28	8.62	-1.9	-10.58
Unlevered Free Cash Flow, 5 Yr. CAGR %	16.17	-0.17	8.69	-1.66	-10.12
Dividend Per Share, 5 Yr. CAGR %	0	24.57	-	-	55.18