Woongjin Co Ltd (016880) - Net Assets
Based on the latest financial reports, Woongjin Co Ltd (016880) has net assets worth ₩355.07 Billion KRW (≈ $240.63 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 (₩5.18 Trillion ≈ $3.51 Billion USD) and total liabilities (₩4.82 Trillion ≈ $3.27 Billion 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 016880 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩355.07 Billion |
| % of Total Assets | 6.86% |
| Annual Growth Rate | -0.26% |
| 5-Year Change | -4.66% |
| 10-Year Change | -47.16% |
| Growth Volatility | 131.84 |
Woongjin Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Woongjin Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Woongjin Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Woongjin Co Ltd (2003–2024)
The table below shows the annual net assets of Woongjin Co Ltd from 2003 to 2024. For live valuation and market cap data, see Woongjin Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩188.90 Billion ≈ $128.02 Million |
-1.42% |
| 2023-12-31 | ₩191.62 Billion ≈ $129.86 Million |
-15.27% |
| 2022-12-31 | ₩226.16 Billion ≈ $153.27 Million |
+2.56% |
| 2021-12-31 | ₩220.52 Billion ≈ $149.44 Million |
+11.30% |
| 2020-12-31 | ₩198.13 Billion ≈ $134.27 Million |
-27.79% |
| 2019-12-31 | ₩274.39 Billion ≈ $185.95 Million |
+21.61% |
| 2018-12-31 | ₩225.64 Billion ≈ $152.91 Million |
-32.38% |
| 2017-12-31 | ₩333.70 Billion ≈ $226.15 Million |
-6.28% |
| 2016-12-31 | ₩356.07 Billion ≈ $241.30 Million |
-0.39% |
| 2015-12-31 | ₩357.46 Billion ≈ $242.25 Million |
+12.10% |
| 2014-12-31 | ₩318.89 Billion ≈ $216.11 Million |
-29.21% |
| 2013-12-31 | ₩450.48 Billion ≈ $305.28 Million |
+166.64% |
| 2012-12-31 | ₩-676.02 Billion ≈ $-458.13 Million |
-177.94% |
| 2011-12-31 | ₩867.39 Billion ≈ $587.82 Million |
-18.89% |
| 2010-12-31 | ₩1.07 Trillion ≈ $724.75 Million |
-41.28% |
| 2009-12-31 | ₩1.82 Trillion ≈ $1.23 Billion |
+17.83% |
| 2008-12-31 | ₩1.55 Trillion ≈ $1.05 Billion |
+12.20% |
| 2007-12-31 | ₩1.38 Trillion ≈ $933.56 Million |
+560.15% |
| 2006-12-31 | ₩208.67 Billion ≈ $141.42 Million |
-11.20% |
| 2005-12-31 | ₩235.00 Billion ≈ $159.26 Million |
+11.35% |
| 2004-12-31 | ₩211.04 Billion ≈ $143.02 Million |
+5.75% |
| 2003-12-31 | ₩199.56 Billion ≈ $135.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Woongjin 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 32560.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩161.99 Billion | 226.91% |
| Total Equity | ₩71.39 Billion | 100.00% |
Woongjin Co Ltd Competitors by Market Cap
The table below lists competitors of Woongjin Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quanterix Corp
NASDAQ:QTRX
|
$158.82 Million |
|
Lindsay Australia Ltd
AU:LAU
|
$158.86 Million |
|
Samhwa Paint
KO:000390
|
$158.92 Million |
|
Comstock Holding Companies Inc
NASDAQ:CHCI
|
$158.95 Million |
|
Hyloris Developmentsen Sa
BR:HYL
|
$158.77 Million |
|
Quipt Home Medical Corp
NASDAQ:QIPT
|
$158.74 Million |
|
KEYEAST.Co.Ltd
KQ:054780
|
$158.74 Million |
|
Eastern Water Resources Development and Management Public Company Limited
BK:EASTW
|
$158.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Woongjin Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 65,030,983,980 to 71,388,376,250, a change of 6,357,392,270 (9.8%).
- Net income of 3,070,992,520 contributed positively to equity growth.
- Other factors increased equity by 3,286,399,750.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.07 Billion | +4.3% |
| Other Changes | ₩3.29 Billion | +4.6% |
| Total Change | ₩- | 9.78% |
Book Value vs Market Value Analysis
This analysis compares Woongjin 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: 3.28x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.01x to 3.28x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | ₩459339.39 | ₩3015.00 | x |
| 2008-12-31 | ₩218238.45 | ₩3015.00 | x |
| 2009-12-31 | ₩239858.14 | ₩3015.00 | x |
| 2010-12-31 | ₩238070.20 | ₩3015.00 | x |
| 2011-12-31 | ₩200600.93 | ₩3015.00 | x |
| 2012-12-31 | ₩-133215.98 | ₩3015.00 | x |
| 2013-12-31 | ₩5656.52 | ₩3015.00 | x |
| 2014-12-31 | ₩5362.60 | ₩3015.00 | x |
| 2015-12-31 | ₩6211.13 | ₩3015.00 | x |
| 2016-12-31 | ₩5765.67 | ₩3015.00 | x |
| 2017-12-31 | ₩4647.16 | ₩3015.00 | x |
| 2018-12-31 | ₩3263.52 | ₩3015.00 | x |
| 2019-12-31 | ₩975.12 | ₩3015.00 | x |
| 2020-12-31 | ₩491.46 | ₩3015.00 | x |
| 2021-12-31 | ₩763.75 | ₩3015.00 | x |
| 2022-12-31 | ₩979.34 | ₩3015.00 | x |
| 2023-12-31 | ₩836.78 | ₩3015.00 | x |
| 2024-12-31 | ₩918.59 | ₩3015.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Woongjin 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): 4.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.30%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 13.60x
- Recent ROE (4.30%) is above the historical average (-2.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 7.64% | 3.09% | 1.21x | 2.05x | ₩-4.41 Billion |
| 2004 | 6.26% | 2.29% | 1.30x | 2.10x | ₩-7.53 Billion |
| 2005 | 25.00% | 7.19% | 1.53x | 2.28x | ₩32.42 Billion |
| 2006 | 16.03% | 3.49% | 1.61x | 2.85x | ₩11.44 Billion |
| 2007 | 0.81% | 0.22% | 0.96x | 3.89x | ₩-73.02 Billion |
| 2008 | -9.64% | -1.78% | 0.90x | 6.03x | ₩-142.87 Billion |
| 2009 | 0.06% | 0.01% | 0.84x | 6.17x | ₩-80.60 Billion |
| 2010 | 10.90% | 8.46% | 0.36x | 3.61x | ₩8.45 Billion |
| 2011 | -19.17% | -9.83% | 0.42x | 4.68x | ₩-222.45 Billion |
| 2012 | 0.00% | -183.17% | 0.30x | 0.00x | ₩-1.24 Trillion |
| 2013 | 189.92% | 94.91% | 0.18x | 10.97x | ₩379.07 Billion |
| 2014 | 32.65% | 20.25% | 0.28x | 5.67x | ₩64.18 Billion |
| 2015 | 8.73% | 6.83% | 0.37x | 3.41x | ₩-4.48 Billion |
| 2016 | -0.16% | -0.23% | 0.29x | 2.34x | ₩-36.34 Billion |
| 2017 | 2.50% | 3.04% | 0.32x | 2.58x | ₩-25.71 Billion |
| 2018 | -42.92% | -35.01% | 0.38x | 3.21x | ₩-125.36 Billion |
| 2019 | -290.61% | -25.80% | 0.28x | 39.99x | ₩-218.82 Billion |
| 2020 | -37.91% | -1.69% | 0.80x | 28.21x | ₩-18.61 Billion |
| 2021 | 56.37% | 3.50% | 0.92x | 17.54x | ₩28.18 Billion |
| 2022 | 10.56% | 0.78% | 0.96x | 14.06x | ₩436.91 Million |
| 2023 | -16.22% | -1.04% | 0.99x | 15.79x | ₩-17.05 Billion |
| 2024 | 4.30% | 0.30% | 1.04x | 13.60x | ₩-4.07 Billion |
Industry Comparison
This section compares Woongjin Co Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $12,982,537,641,815
- Average return on equity (ROE) among peers: 2.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Woongjin Co Ltd (016880) | ₩355.07 Billion | 7.64% | 13.58x | $158.79 Million |
| Samyang Holdings (000070) | $3.00 Trillion | 0.94% | 0.76x | $317.93 Million |
| Doosan (000150) | $6.82 Trillion | 6.16% | 3.28x | $9.19 Billion |
| Doosan Pref Shs (000155) | $7.60 Trillion | 0.53% | 2.78x | $1.50 Billion |
| Doosan Co Ltd (000157) | $7.90 Trillion | 2.49% | 2.63x | $323.04 Million |
| Hanwha (000880) | $4.62 Trillion | 5.91% | 10.91x | $6.27 Billion |
| Hanwha Corp. Pfd. Series 1 (000885) | $33.18 Trillion | 3.54% | 4.94x | $5.70 Million |
| Hanwha Corp Preferred (00088K) | $16.95 Trillion | 2.76% | 9.00x | $657.61 Million |
| CJ Corp (001040) | $17.89 Trillion | 1.09% | 1.64x | $4.12 Billion |
| Cj Corp Pref (001045) | $16.46 Trillion | 1.67% | 1.55x | $137.94 Million |
| CJ Corp 4P Pref (00104K) | $15.40 Trillion | 0.56% | 1.60x | $548.23 Million |
About Woongjin Co Ltd
Woongjin Co., Ltd. provides IT services in South Korea. It provides ERP solutions; cloud platform solutions, such as amazon web service, microsoft azure, salesforce, NAVER works, and mendix; and Woongjin rental management, subscription core, global audit management solutions, digital mobility platform, and security solutions. The company also offers IT consulting and outsourcing, system integrati… Read more