Woosung Feed (006980) - Net Assets
Based on the latest financial reports, Woosung Feed (006980) has net assets worth ₩209.08 Billion KRW (≈ $141.69 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩437.14 Billion ≈ $296.25 Million USD) and total liabilities (₩228.06 Billion ≈ $154.56 Million USD). 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. Check Woosung Feed (006980) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩209.08 Billion |
| % of Total Assets | 47.83% |
| Annual Growth Rate | 2.25% |
| 5-Year Change | 12.87% |
| 10-Year Change | 20.41% |
| Growth Volatility | 10.57 |
Woosung Feed - Net Assets Trend (2000–2024)
This chart illustrates how Woosung Feed's net assets have evolved over time, based on quarterly financial data. Also explore Woosung Feed total assets for the complete picture of this company's asset base.
Annual Net Assets for Woosung Feed (2000–2024)
The table below shows the annual net assets of Woosung Feed from 2000 to 2024. For live valuation and market cap data, see 006980 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩200.18 Billion ≈ $135.66 Million |
+9.68% |
| 2023-12-31 | ₩182.52 Billion ≈ $123.69 Million |
+5.36% |
| 2022-12-31 | ₩173.23 Billion ≈ $117.40 Million |
+0.57% |
| 2021-12-31 | ₩172.25 Billion ≈ $116.73 Million |
-2.88% |
| 2020-12-31 | ₩177.35 Billion ≈ $120.19 Million |
+2.36% |
| 2019-12-31 | ₩173.26 Billion ≈ $117.42 Million |
+8.84% |
| 2018-12-31 | ₩159.18 Billion ≈ $107.88 Million |
-3.78% |
| 2017-12-31 | ₩165.44 Billion ≈ $112.11 Million |
-0.09% |
| 2016-12-31 | ₩165.59 Billion ≈ $112.22 Million |
-0.40% |
| 2015-12-31 | ₩166.24 Billion ≈ $112.66 Million |
-4.69% |
| 2014-12-31 | ₩174.42 Billion ≈ $118.20 Million |
+1.47% |
| 2013-12-31 | ₩171.89 Billion ≈ $116.48 Million |
+1.24% |
| 2012-12-31 | ₩169.78 Billion ≈ $115.06 Million |
+2.44% |
| 2011-12-31 | ₩165.73 Billion ≈ $112.31 Million |
-18.96% |
| 2010-12-31 | ₩204.51 Billion ≈ $138.59 Million |
+2.48% |
| 2009-12-31 | ₩199.56 Billion ≈ $135.24 Million |
+46.09% |
| 2008-12-31 | ₩136.60 Billion ≈ $92.57 Million |
-4.34% |
| 2007-12-31 | ₩142.79 Billion ≈ $96.77 Million |
+0.78% |
| 2006-12-31 | ₩141.69 Billion ≈ $96.02 Million |
+2.09% |
| 2005-12-31 | ₩138.79 Billion ≈ $94.05 Million |
+0.40% |
| 2004-12-31 | ₩138.23 Billion ≈ $93.68 Million |
+0.92% |
| 2003-12-31 | ₩136.97 Billion ≈ $92.82 Million |
+4.62% |
| 2002-12-31 | ₩130.93 Billion ≈ $88.73 Million |
+5.34% |
| 2001-12-31 | ₩124.29 Billion ≈ $84.23 Million |
+5.83% |
| 2000-12-31 | ₩117.45 Billion ≈ $79.59 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Woosung Feed'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 19102521526000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩191.03 Billion | 95.43% |
| Other Components | ₩9.15 Billion | 4.57% |
| Total Equity | ₩200.18 Billion | 100.00% |
Woosung Feed Competitors by Market Cap
The table below lists competitors of Woosung Feed ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Demisas Dokum Emaye Mamulleri Sanayi AS
IS:DMSAS
|
$40.72 Million |
|
Pan Global Resources Inc
V:PGZ
|
$40.73 Million |
|
Snow Lake Resources Ltd
NASDAQ:LITM
|
$40.74 Million |
|
Elutia Inc.
NASDAQ:ELUT
|
$40.75 Million |
|
Royalindo Investa Wijaya
JK:INDO
|
$40.70 Million |
|
Kutcho Copper Corp
V:KC
|
$40.69 Million |
|
Salter Brothers Emerging Companies Ltd
AU:SB2
|
$40.67 Million |
|
Century Casinos Inc
NASDAQ:CNTY
|
$40.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Woosung Feed's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 182,519,530,230 to 200,178,302,010, a change of 17,658,771,780 (9.7%).
- Net income of 19,691,475,360 contributed positively to equity growth.
- Dividend payments of 770,026,800 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩19.69 Billion | +9.84% |
| Dividends Paid | ₩770.03 Million | -0.38% |
| Other Changes | ₩-1.26 Billion | -0.63% |
| Total Change | ₩- | 9.68% |
Book Value vs Market Value Analysis
This analysis compares Woosung Feed'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: 0.30x
- 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 |
|---|---|---|---|
| 2017-12-31 | ₩64402.44 | ₩23400.00 | x |
| 2018-12-31 | ₩61977.13 | ₩23400.00 | x |
| 2019-12-31 | ₩67439.57 | ₩23400.00 | x |
| 2020-12-31 | ₩68992.84 | ₩23400.00 | x |
| 2021-12-31 | ₩67106.20 | ₩23400.00 | x |
| 2022-12-31 | ₩67490.63 | ₩23400.00 | x |
| 2023-12-31 | ₩71109.03 | ₩23400.00 | x |
| 2024-12-31 | ₩77988.83 | ₩23400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Woosung Feed 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): 9.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.25%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 2.15x
- Recent ROE (9.84%) is above the historical average (3.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 7.23% | 3.40% | 1.24x | 1.72x | ₩-3.14 Billion |
| 2001 | 6.85% | 3.39% | 1.18x | 1.71x | ₩-3.76 Billion |
| 2002 | 9.25% | 4.42% | 1.33x | 1.58x | ₩-937.53 Million |
| 2003 | 4.35% | 2.48% | 1.22x | 1.44x | ₩-7.38 Billion |
| 2004 | 2.27% | 1.21% | 1.29x | 1.45x | ₩-10.18 Billion |
| 2005 | 1.78% | 1.04% | 1.21x | 1.42x | ₩-10.92 Billion |
| 2006 | 2.15% | 1.36% | 1.11x | 1.42x | ₩-10.55 Billion |
| 2007 | 2.10% | 1.13% | 1.18x | 1.58x | ₩-10.76 Billion |
| 2009 | 10.11% | 3.60% | 1.25x | 2.24x | ₩156.45 Million |
| 2010 | 6.02% | 2.39% | 1.25x | 2.02x | ₩-6.07 Billion |
| 2011 | 8.56% | 3.72% | 1.35x | 1.70x | ₩-2.39 Billion |
| 2012 | 4.19% | 1.82% | 1.33x | 1.73x | ₩-9.87 Billion |
| 2013 | 1.83% | 0.88% | 1.32x | 1.58x | ₩-14.06 Billion |
| 2014 | 2.35% | 1.21% | 1.23x | 1.58x | ₩-13.35 Billion |
| 2015 | -3.26% | -1.73% | 1.22x | 1.54x | ₩-22.06 Billion |
| 2016 | 0.55% | 0.33% | 1.12x | 1.48x | ₩-15.66 Billion |
| 2017 | 0.71% | 0.43% | 1.10x | 1.52x | ₩-15.39 Billion |
| 2018 | -2.59% | -1.43% | 1.03x | 1.77x | ₩-20.07 Billion |
| 2019 | 6.87% | 3.50% | 1.01x | 1.94x | ₩-5.42 Billion |
| 2020 | 3.25% | 1.48% | 1.24x | 1.77x | ₩-11.98 Billion |
| 2021 | -3.37% | -1.21% | 1.39x | 2.00x | ₩-23.02 Billion |
| 2022 | 0.07% | 0.02% | 1.52x | 2.32x | ₩-17.20 Billion |
| 2023 | 6.06% | 1.74% | 1.49x | 2.33x | ₩-7.20 Billion |
| 2024 | 9.84% | 3.25% | 1.41x | 2.15x | ₩-326.35 Million |
Industry Comparison
This section compares Woosung Feed's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $624,762,189,955
- Average return on equity (ROE) among peers: 2.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Woosung Feed (006980) | ₩209.08 Billion | 7.23% | 1.09x | $40.70 Million |
| Daehan Flour Mills Co Ltd (001130) | $238.84 Billion | 11.11% | 1.02x | $174.98 Million |
| Daesang Corp (001680) | $1.45 Trillion | 6.58% | 1.42x | $486.05 Million |
| Daesang Corp Preference Shares (001685) | $1.32 Trillion | 6.28% | 1.41x | $15.68 Million |
| Korea Ind (002140) | $88.76 Billion | 5.76% | 1.06x | $47.32 Million |
| Choheung (002600) | $149.64 Billion | 0.24% | 1.63x | $59.77 Million |
| Sam Yang Foods (003230) | $54.47 Billion | 7.75% | 2.83x | $5.05 Billion |
| Daejoo Inc (003310) | $50.50 Billion | 5.36% | 0.67x | $82.87 Million |
| Harim Holdings Co. Ltd (003380) | $2.10 Trillion | 14.57% | 4.53x | $864.77 Million |
| Hansung Ent (003680) | $54.58 Billion | -22.33% | 2.91x | $19.75 Million |
| Namyang Dairy (003920) | $737.95 Billion | -10.63% | 0.22x | $209.00 Million |
About Woosung Feed
Woosung Co., Ltd., together with its subsidiaries, mixed feed, real estate rental, and trading businesses in South Korea and internationally. It manufactures and sells compound feed for livestock; fish farming; and pet food products, as well as provision of business support services and office services; and management and licensing of intellectual property rights. The company was founded in 1970 … Read more