Wellbiotec Co. Ltd.
Wellbiotec Co., Ltd. produces and sells leather products in South Korea and internationally. The company provides leather products for shoes, hand bags, car seats, and handle covers. It also offers development, production, and sell of medicines and health functional foods; logistics consulting, transportation agency services, customs clearance, insurance, and storage services; and general and spe… Read more
Wellbiotec Co. Ltd. (010600) - Net Assets
Latest net assets as of December 2024: ₩20.18 Billion KRW
Based on the latest financial reports, Wellbiotec Co. Ltd. (010600) has net assets worth ₩20.18 Billion KRW as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩31.95 Billion) and total liabilities (₩11.76 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 | ₩20.18 Billion |
| % of Total Assets | 63.18% |
| Annual Growth Rate | -3.27% |
| 5-Year Change | 3.56% |
| 10-Year Change | -44.81% |
| Growth Volatility | 47.22 |
Wellbiotec Co. Ltd. - Net Assets Trend (2002–2024)
This chart illustrates how Wellbiotec Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wellbiotec Co. Ltd. (2002–2024)
The table below shows the annual net assets of Wellbiotec Co. Ltd. from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩20.18 Billion | -45.77% |
| 2023-12-31 | ₩37.22 Billion | -1.53% |
| 2022-12-31 | ₩37.80 Billion | +13.48% |
| 2021-12-31 | ₩33.31 Billion | +70.89% |
| 2020-12-31 | ₩19.49 Billion | -74.23% |
| 2019-12-31 | ₩75.64 Billion | -1.00% |
| 2018-12-31 | ₩76.40 Billion | +184.55% |
| 2017-12-31 | ₩26.85 Billion | -20.70% |
| 2016-12-31 | ₩33.86 Billion | -7.42% |
| 2015-12-31 | ₩36.57 Billion | +4.13% |
| 2014-12-31 | ₩35.12 Billion | -13.68% |
| 2013-12-31 | ₩40.69 Billion | +12.90% |
| 2012-12-31 | ₩36.04 Billion | -9.16% |
| 2011-12-31 | ₩39.68 Billion | +5.41% |
| 2010-12-31 | ₩37.64 Billion | +16.03% |
| 2009-12-31 | ₩32.44 Billion | -31.37% |
| 2008-12-31 | ₩47.27 Billion | +14.01% |
| 2007-12-31 | ₩41.46 Billion | +0.18% |
| 2006-12-31 | ₩41.38 Billion | +9.15% |
| 2005-12-31 | ₩37.91 Billion | +5.81% |
| 2004-12-31 | ₩35.83 Billion | +2.68% |
| 2003-12-31 | ₩34.90 Billion | -16.79% |
| 2002-12-31 | ₩41.94 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wellbiotec Co. Ltd.'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 18536224587000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩205.55 Billion | 1018.40% |
| Total Equity | ₩20.18 Billion | 100.00% |
Wellbiotec Co. Ltd. Competitors by Market Cap
The table below lists competitors of Wellbiotec Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Evermore Chemical Industry Co Ltd
TW:1735
|
$30.03 Million |
|
SMG European Recovery SPAC SE
XETRA:RCVR
|
$30.04 Million |
|
Golden Eagle Energy Tbk
JK:SMMT
|
$30.05 Million |
|
Franklin Wireless Corp
NASDAQ:FKWL
|
$30.05 Million |
|
Bo Lak
KO:002760
|
$30.02 Million |
|
Romsdal Sparebank
OL:ROMSB
|
$30.01 Million |
|
Acrinova AB Series B
ST:ACRI-B
|
$29.98 Million |
|
Caprice Resources Limited
F:C3F
|
$29.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wellbiotec Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,006,125,770 to 20,183,065,200, a change of -17,823,060,570 (-46.9%).
- Net loss of 21,219,760,990 reduced equity.
- Other factors increased equity by 3,396,700,420.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-21.22 Billion | -105.14% |
| Other Changes | ₩3.40 Billion | +16.83% |
| Total Change | ₩- | -46.90% |
Book Value vs Market Value Analysis
This analysis compares Wellbiotec Co. Ltd.'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: 2.46x
- 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 0.33x to 2.46x 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 | ₩1669.73 | ₩545.00 | x |
| 2018-12-31 | ₩2020.34 | ₩545.00 | x |
| 2019-12-31 | ₩1774.11 | ₩545.00 | x |
| 2020-12-31 | ₩419.04 | ₩545.00 | x |
| 2021-12-31 | ₩559.36 | ₩545.00 | x |
| 2022-12-31 | ₩560.93 | ₩545.00 | x |
| 2023-12-31 | ₩418.00 | ₩545.00 | x |
| 2024-12-31 | ₩221.98 | ₩545.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wellbiotec Co. Ltd. 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): -105.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.47%
- • Asset Turnover: 2.61x
- • Equity Multiplier: 1.58x
- Recent ROE (-105.14%) is below the historical average (-44.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 9.23% | 2.12% | 1.57x | 2.77x | ₩-278.67 Million |
| 2003 | 4.13% | 0.71% | 1.51x | 3.85x | ₩-1.84 Billion |
| 2004 | 9.58% | 1.52% | 1.61x | 3.90x | ₩-140.48 Million |
| 2005 | 3.33% | 0.54% | 1.40x | 4.42x | ₩-2.28 Billion |
| 2006 | 6.64% | 1.05% | 1.54x | 4.11x | ₩-1.19 Billion |
| 2011 | 4.32% | 1.42% | 1.68x | 1.80x | ₩-2.24 Billion |
| 2013 | 5.95% | 1.75% | 2.25x | 1.52x | ₩-1.63 Billion |
| 2014 | -19.06% | -5.56% | 1.95x | 1.75x | ₩-10.15 Billion |
| 2015 | 1.51% | 0.49% | 1.90x | 1.62x | ₩-3.09 Billion |
| 2016 | -7.28% | -2.87% | 1.42x | 1.78x | ₩-5.82 Billion |
| 2017 | -34.33% | -12.35% | 0.81x | 3.42x | ₩-11.29 Billion |
| 2018 | -20.85% | -21.05% | 0.67x | 1.49x | ₩-23.03 Billion |
| 2019 | -20.05% | -18.25% | 0.70x | 1.57x | ₩-22.93 Billion |
| 2020 | -355.15% | -111.58% | 0.85x | 3.74x | ₩-69.33 Billion |
| 2021 | -59.76% | -16.13% | 0.89x | 4.17x | ₩-22.90 Billion |
| 2022 | -56.04% | -13.21% | 2.63x | 1.62x | ₩-24.61 Billion |
| 2023 | -170.79% | -108.64% | 0.99x | 1.59x | ₩-68.71 Billion |
| 2024 | -105.14% | -25.47% | 2.61x | 1.58x | ₩-23.24 Billion |
Industry Comparison
This section compares Wellbiotec Co. Ltd.'s net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $275,402,800,352
- Average return on equity (ROE) among peers: -0.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wellbiotec Co. Ltd. (010600) | ₩20.18 Billion | 9.23% | 0.58x | $30.03 Million |
| Kyungbangco.Ltd (000050) | $741.93 Billion | 1.76% | 0.70x | $50.48 Million |
| Chonbang (000950) | $155.64 Billion | 1.69% | 0.95x | $24.13 Million |
| Silla Textile Co.Ltd (001000) | $13.37 Billion | -20.43% | 1.52x | $8.50 Million |
| Taihan Textile (001070) | $132.34 Billion | 0.84% | 0.40x | $8.71 Million |
| DI Dong Il Corp (001530) | $561.11 Billion | 0.00% | 0.64x | $232.14 Million |
| Ilshin Spinnin (003200) | $306.82 Billion | 2.19% | 0.49x | $77.92 Million |
| Pang Rim Spinn (003610) | $180.57 Billion | 3.72% | 0.27x | $56.13 Million |
| Daehan Synthet (003830) | $533.41 Billion | 4.22% | 0.14x | $27.66 Million |
| Duksung (004830) | $65.34 Billion | 0.80% | 0.61x | $35.90 Million |
| Duksung Co Ltd (004835) | $63.50 Billion | 0.82% | 0.53x | $46.93 Million |