Willbes

KO:008600 Korea Apparel Manufacturing
Market Cap
$118.19 Million
₩173.05 Billion KRW
Market Cap Rank
#27099 Global
#1785 in Korea
Share Price
₩2630.00
Change (1 day)
+900.00%
52-Week Range
₩256.00 - ₩2630.00
All Time High
₩3870.00
Categories
Companies in Korea Apparel Manufacturing
About

The Willbes & CO., Ltd. produces, supplies, and sells apparels in South Korea. The company provides postgraduate training for individuals looking for professional jobs, such as lawyer, diplomat, government official, appraiser, labor attorney, and others; and online education services, as well as engages in the investment activities. It is also involved in the export activities. The company was fo… Read more

Willbes (008600) - Net Assets

Latest net assets as of September 2025: ₩72.20 Billion KRW

Based on the latest financial reports, Willbes (008600) has net assets worth ₩72.20 Billion KRW as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩271.66 Billion) and total liabilities (₩199.46 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets ₩72.20 Billion
% of Total Assets 26.58%
Annual Growth Rate -2.07%
5-Year Change -12.66%
10-Year Change -35.49%
Growth Volatility 14.24

Willbes - Net Assets Trend (2000–2024)

This chart illustrates how Willbes's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Willbes (2000–2024)

The table below shows the annual net assets of Willbes from 2000 to 2024.

Year Net Assets Change
2024-12-31 ₩86.58 Billion -19.35%
2023-12-31 ₩107.35 Billion +9.23%
2022-12-31 ₩98.28 Billion -11.22%
2021-12-31 ₩110.69 Billion +11.66%
2020-12-31 ₩99.13 Billion -2.67%
2019-12-31 ₩101.85 Billion -22.89%
2018-12-31 ₩132.09 Billion +0.21%
2017-12-31 ₩131.81 Billion -5.35%
2016-12-31 ₩139.25 Billion +3.76%
2015-12-31 ₩134.21 Billion +5.77%
2014-12-31 ₩126.89 Billion +4.68%
2013-12-31 ₩121.21 Billion -0.91%
2012-12-31 ₩122.32 Billion -8.62%
2011-12-31 ₩133.87 Billion -13.68%
2010-12-31 ₩155.08 Billion -0.08%
2009-12-31 ₩155.21 Billion -1.52%
2008-12-31 ₩157.60 Billion +23.85%
2007-12-31 ₩127.25 Billion +16.81%
2006-12-31 ₩108.94 Billion +3.26%
2005-12-31 ₩105.50 Billion -6.88%
2004-12-31 ₩113.29 Billion -31.18%
2003-12-31 ₩164.61 Billion -3.66%
2002-12-31 ₩170.86 Billion -11.66%
2001-12-31 ₩193.41 Billion +35.27%
2000-12-31 ₩142.98 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Willbes'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 decreased by 9969248291000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components ₩188.12 Billion 212.74%
Total Equity ₩88.43 Billion 100.00%

Willbes Competitors by Market Cap

The table below lists competitors of Willbes ranked by their market capitalization.

Company Market Cap
Ziga Innovation Public Company Limited
BK:ZIGA
 		$13.89 Million
Microfriend Inc
KQ:147760
 		$13.89 Million
Cardia Bioplastics Limited
PINK:SCGRF
 		$13.89 Million
Domo Activos Socimi SA
MC:DOMO
 		$13.90 Million
Rigel Resource Acquisition Corp.
OTCGREY:RRACF
 		$13.89 Million
Ozsu Balik Uretim A.S.
IS:OZSUB
 		$13.89 Million
Kingfish Company Nv
OL:KING
 		$13.88 Million
Tribeca Resources Corporation
PINK:TRRCF
 		$13.88 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Willbes's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 109,211,294,290 to 88,425,872,220, a change of -20,785,422,070 (-19.0%).
  • Net loss of 27,446,441,530 reduced equity.
  • Other factors increased equity by 6,661,019,460.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩-27.45 Billion -31.04%
Other Changes ₩6.66 Billion +7.53%
Total Change ₩- -19.03%

Book Value vs Market Value Analysis

This analysis compares Willbes'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: 1.96x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.99x to 1.96x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 ₩2655.65 ₩2630.00 x
2018-12-31 ₩2660.33 ₩2630.00 x
2019-12-31 ₩1900.47 ₩2630.00 x
2020-12-31 ₩1725.30 ₩2630.00 x
2021-12-31 ₩1750.23 ₩2630.00 x
2022-12-31 ₩1522.13 ₩2630.00 x
2023-12-31 ₩1659.76 ₩2630.00 x
2024-12-31 ₩1343.87 ₩2630.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Willbes 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): -31.04%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -12.63%
  • • Asset Turnover: 0.74x
  • • Equity Multiplier: 3.33x
  • Recent ROE (-31.04%) is below the historical average (-1.77%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 2.67% 2.22% 0.45x 2.68x ₩-10.48 Billion
2001 32.99% 38.42% 0.44x 1.96x ₩44.47 Billion
2003 7.39% 7.42% 0.58x 1.71x ₩-4.30 Billion
2006 6.71% 5.26% 0.73x 1.74x ₩-3.58 Billion
2007 4.65% 3.73% 0.85x 1.47x ₩-6.80 Billion
2008 3.32% 2.75% 0.73x 1.66x ₩-10.53 Billion
2009 1.03% 0.65% 1.07x 1.49x ₩-13.91 Billion
2010 1.19% 0.72% 1.02x 1.62x ₩-13.66 Billion
2011 2.15% 1.17% 0.97x 1.89x ₩-10.73 Billion
2013 -2.78% -1.43% 0.99x 1.96x ₩-15.85 Billion
2014 2.13% 1.16% 0.97x 1.90x ₩-10.18 Billion
2015 2.95% 1.38% 0.96x 2.23x ₩-9.62 Billion
2016 2.75% 1.25% 0.91x 2.41x ₩-10.25 Billion
2017 0.43% 0.20% 0.94x 2.30x ₩-12.82 Billion
2018 -4.97% -2.40% 0.91x 2.27x ₩-20.09 Billion
2019 -35.23% -13.57% 0.96x 2.71x ₩-46.98 Billion
2020 -2.46% -1.04% 0.84x 2.82x ₩-12.59 Billion
2021 -7.60% -3.09% 0.94x 2.61x ₩-19.81 Billion
2022 -9.32% -3.66% 0.94x 2.70x ₩-19.35 Billion
2023 -14.17% -7.16% 0.71x 2.77x ₩-26.39 Billion
2024 -31.04% -12.63% 0.74x 3.33x ₩-36.29 Billion

Industry Comparison

This section compares Willbes's net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

  • Industry: Apparel Manufacturing
  • Average net assets among peers: $629,582,771,056
  • Average return on equity (ROE) among peers: 1.35%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Willbes (008600) ₩72.20 Billion 2.67% 2.76x $13.89 Million
BYC Co Ltd (001465) $407.40 Billion 2.23% 0.81x $50.15 Million
Vivien Corp (002070) $138.99 Billion 0.12% 0.40x $10.23 Million
Kuk Dong (005320) $115.57 Billion -3.28% 0.51x $15.46 Million
Shinsung Tngsn (005390) $207.88 Billion 2.77% 1.65x $10.03 Million
Shinyoung Waco (005800) $317.16 Billion 0.92% 0.18x $26.81 Million
Pan-Pacific (007980) $164.86 Billion -8.38% 3.64x $38.61 Million
Shinwon (009270) $177.45 Billion 1.95% 1.41x $51.80 Million
Youngone Holdi (009970) $3.99 Trillion 11.06% 0.38x $858.92 Million
Agabang&Company (013990) $150.26 Billion 4.72% 0.43x $64.76 Million