Naver (035420) — Filing-Traceable Data

Naver (NAVER, 035420) as it stands in its DART filings — price-to-book measured against total equity and against the equity attributable to the parent company’s own shareholders, five years of headline figures, and the shareholder-return record. Every figure below links to the filing it was read from.

Market cap
35,791 KRW bn
USD 25,341m
P/B — total equity
1.24x
P/B — owners’ share
1.30x
gap +5.0%
P/E — owners’ share
18.32x
Net cash / market cap

not published (NC?)
Treasury shares
4.64%
of ordinary shares issued

Sector: Internet & Platform · Base date 2026-08-14 · Balance-sheet and profit figures from the FY2025 annual report · NC?

Five years, as filed

KRW bn FY2021 FY2022 FY2023 FY2024 FY2025
Revenue 6,818 8,220 9,671 10,738 12,035
Operating profit 1,325 1,305 1,489 1,979 2,208
Net profit (total) 16,478 673 985 1,932 1,819
Net profit (owners’ share) 16,233 760 1,012 1,923 1,953
Equity (total) 24,027 23,450 24,238 27,001 28,953
Equity (owners’ share) 23,536 22,744 23,206 25,460 27,582
Filing receipt receipt receipt receipt receipt

Amounts in KRW bn, rounded. An em dash means the filing does not carry that line — it is left empty rather than estimated. Net cash is cash and short-term financial instruments less total borrowings and bonds; lease liabilities are excluded.

Shareholder returns

Dividend 2021 2022 2023 2024 2025
Per share (KRW) 511 914 1,205 1,130 2,630
Filing receipt receipt receipt receipt receipt
  • Treasury — 7,272,861 shares of 156,852,638 ordinary shares issued in that report (4.64%) · receipt
  • Shares — 156,977,585 ordinary shares listed on 2026-08-14; 156,852,638 in the FY2025 annual report (-0.1%) · receipt
  • Share cancellations — 8 filed since 2021:
    • 2026-07-27 · 4,901,094 shares · filing
    • 2025-08-05 · 1,584,370 shares · filing
    • 2024-11-06 · 2,347,500 shares · filing
    • 2024-09-30 · 2,347,500 shares · filing
    • 2024-07-31 · 1,624,086 shares · filing
    • 2023-10-31 · 1,640,491 shares · filing
    • 2021-11-25 · filing
    • 2021-11-17 · filing

How these figures were read

  • Consolidated financial statements (CFS). Equity and profit are split between the parent shareholders’ share and non-controlling interests, and the two P/B readings use total equity and the parent share respectively.
  • Total borrowings. For net cash, the four component accounts — short-term borrowings, the current portion of long-term debt, long-term borrowings and bonds — are all present in this filing and are summed directly.
  • Net cash is not published (NC?). Borrowings could not be closed from this balance sheet to within one percentage point of the published ratio. The statement carries financial-liability lines totalling KRW 435.1bn that are not named as borrowings or bonds; if all of them were borrowings, net cash over market capitalisation would move by 1.2 percentage points. Net cash is therefore not published for this company rather than being computed on an open figure. The balance sheet carries 1 such line; they are itemised in the CSV column agg_fin_lines.
  • Market capitalisation. The ordinary shares listed on 2026-08-14 times the closing price on that day, so the price and the share count carry the same date. Preferred shares are excluded. The share count printed in the FY2025 annual report is kept separately above, because it is stated as at the financial year-end.

Where this sits

Source: DART filings · Dataset v1.3 (changelog) · Base date 2026-08-14 · Next update: Q3 filings (Nov 2026). This page is a record of what the filings say. It is not a recommendation to buy or sell any security, it carries no price target and no trade timing, and it does not say whether a share is cheap or dear. Figures are as at the base date and change afterwards. See the disclaimer.