Wiscom (024070) - Net Assets
Based on the latest financial reports, Wiscom (024070) has net assets worth ₩88.19 Billion KRW (≈ $59.77 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩101.55 Billion ≈ $68.82 Million USD) and total liabilities (₩13.36 Billion ≈ $9.05 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 Wiscom tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩88.19 Billion |
| % of Total Assets | 86.85% |
| Annual Growth Rate | -0.69% |
| 5-Year Change | -26.59% |
| 10-Year Change | -25.4% |
| Growth Volatility | 5.89 |
Wiscom - Net Assets Trend (2008–2025)
This chart illustrates how Wiscom's net assets have evolved over time, based on quarterly financial data. See 024070 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Wiscom (2008–2025)
The table below shows the annual net assets of Wiscom from 2008 to 2025. For live valuation and market cap data, see Wiscom market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩88.19 Billion ≈ $59.77 Million |
+0.94% |
| 2024-12-31 | ₩87.37 Billion ≈ $59.21 Million |
-21.23% |
| 2023-12-31 | ₩110.91 Billion ≈ $75.16 Million |
-1.48% |
| 2022-12-31 | ₩112.58 Billion ≈ $76.29 Million |
-6.30% |
| 2021-12-31 | ₩120.14 Billion ≈ $81.42 Million |
+2.93% |
| 2020-12-31 | ₩116.73 Billion ≈ $79.11 Million |
-1.06% |
| 2019-12-31 | ₩117.97 Billion ≈ $79.95 Million |
+0.70% |
| 2018-12-31 | ₩117.16 Billion ≈ $79.40 Million |
+0.55% |
| 2017-12-31 | ₩116.52 Billion ≈ $78.96 Million |
-1.44% |
| 2016-12-31 | ₩118.22 Billion ≈ $80.11 Million |
+0.26% |
| 2015-12-31 | ₩117.91 Billion ≈ $79.91 Million |
-0.77% |
| 2014-12-31 | ₩118.83 Billion ≈ $80.53 Million |
+1.23% |
| 2013-12-31 | ₩117.38 Billion ≈ $79.55 Million |
+0.49% |
| 2012-12-31 | ₩116.81 Billion ≈ $79.16 Million |
+1.37% |
| 2011-12-31 | ₩115.23 Billion ≈ $78.09 Million |
+6.32% |
| 2010-12-31 | ₩108.38 Billion ≈ $73.45 Million |
+3.40% |
| 2009-12-31 | ₩104.82 Billion ≈ $71.03 Million |
+5.69% |
| 2008-12-31 | ₩99.17 Billion ≈ $67.20 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Wiscom'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 5494136611000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩54.94 Billion | 62.30% |
| Other Components | ₩33.25 Billion | 37.70% |
| Total Equity | ₩88.19 Billion | 100.00% |
Wiscom Competitors by Market Cap
The table below lists competitors of Wiscom ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korea Information Engineering Services Co. Ltd
KQ:039740
|
$19.86 Million |
|
White Energy Company Ltd
AU:WEC
|
$19.87 Million |
|
Southern Energy Corp
V:SOU
|
$19.87 Million |
|
InfoBank Corporation
KQ:039290
|
$19.88 Million |
|
Wescoal Holdings Ltd
JSE:SLG
|
$19.85 Million |
|
Clean Seas Seafood Ltd.
OL:CSS
|
$19.84 Million |
|
Dunelm Group PLC
LSE:DNLM
|
$19.84 Million |
|
Repower Asia Indonesia PT
JK:REAL
|
$19.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wiscom's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 87,370,532,540 to 88,191,711,890, a change of 821,179,350 (0.9%).
- Net income of 1,341,660,900 contributed positively to equity growth.
- Dividend payments of 766,321,900 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.34 Billion | +1.52% |
| Dividends Paid | ₩766.32 Million | -0.87% |
| Other Changes | ₩245.84 Million | +0.28% |
| Total Change | ₩- | 0.94% |
Book Value vs Market Value Analysis
This analysis compares Wiscom'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: 0.33x
- 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 | ₩7602.34 | ₩1911.00 | x |
| 2018-12-31 | ₩7797.14 | ₩1911.00 | x |
| 2019-12-31 | ₩7697.41 | ₩1911.00 | x |
| 2020-12-31 | ₩7616.14 | ₩1911.00 | x |
| 2021-12-31 | ₩7838.93 | ₩1911.00 | x |
| 2022-12-31 | ₩7345.24 | ₩1911.00 | x |
| 2023-12-31 | ₩7236.65 | ₩1911.00 | x |
| 2024-12-31 | ₩5700.64 | ₩1911.00 | x |
| 2025-12-31 | ₩5754.22 | ₩1911.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wiscom 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): 1.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.30%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 1.15x
- Recent ROE (1.52%) is above the historical average (1.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 9.33% | 5.89% | 1.36x | 1.17x | ₩-666.20 Million |
| 2009 | 9.51% | 6.38% | 1.22x | 1.22x | ₩-513.92 Million |
| 2010 | 7.55% | 4.60% | 1.42x | 1.16x | ₩-2.66 Billion |
| 2011 | 8.17% | 5.15% | 1.36x | 1.17x | ₩-2.11 Billion |
| 2012 | 6.28% | 4.44% | 1.23x | 1.15x | ₩-4.34 Billion |
| 2013 | 4.20% | 3.27% | 1.15x | 1.11x | ₩-6.81 Billion |
| 2014 | 4.64% | 3.85% | 1.07x | 1.13x | ₩-6.37 Billion |
| 2015 | 2.37% | 1.98% | 1.08x | 1.11x | ₩-9.00 Billion |
| 2016 | 1.60% | 1.41% | 1.01x | 1.13x | ₩-9.93 Billion |
| 2017 | 0.06% | 0.06% | 0.90x | 1.11x | ₩-11.59 Billion |
| 2018 | 0.90% | 0.94% | 0.88x | 1.09x | ₩-10.67 Billion |
| 2019 | 0.91% | 0.93% | 0.86x | 1.14x | ₩-10.72 Billion |
| 2020 | -0.86% | -0.98% | 0.78x | 1.12x | ₩-12.67 Billion |
| 2021 | 1.01% | 1.03% | 0.87x | 1.13x | ₩-10.80 Billion |
| 2022 | -6.60% | -5.91% | 0.98x | 1.14x | ₩-18.68 Billion |
| 2023 | -0.43% | -0.42% | 0.91x | 1.11x | ₩-11.57 Billion |
| 2024 | -27.37% | -24.27% | 0.98x | 1.15x | ₩-32.65 Billion |
| 2025 | 1.52% | 1.30% | 1.02x | 1.15x | ₩-7.48 Billion |
Industry Comparison
This section compares Wiscom's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,019,217,608,936
- Average return on equity (ROE) among peers: 6.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wiscom (024070) | ₩88.19 Billion | 9.33% | 0.15x | $19.85 Million |
| Rifa Ind (000760) | $181.15 Billion | -1.86% | 0.48x | $23.49 Million |
| Kumyang (001570) | $117.41 Billion | 11.36% | 1.68x | $428.33 Million |
| Sh E & Chemical Co. Ltd. (002360) | $64.16 Billion | 3.67% | 0.88x | $142.41 Million |
| KCC Corporation (002380) | $5.04 Trillion | 6.82% | 1.60x | $2.66 Billion |
| Miwon Commerci (002840) | $267.57 Billion | 19.38% | 0.23x | $380.63 Million |
| Taekwang Ind (003240) | $1.47 Trillion | 2.08% | 0.33x | $510.47 Million |
| Lotte Fine Chemical Co Ltd (004000) | $2.29 Trillion | 6.37% | 0.18x | $847.50 Million |
| Dongjin Semichem Co. Ltd (005290) | $88.75 Billion | 0.00% | 3.24x | $2.18 Billion |
| Isu Chemical Co Ltd (005950) | $238.78 Billion | 5.60% | 0.88x | $253.62 Million |
| Korea Petro Chemical Ind (006650) | $431.77 Billion | 8.74% | 0.88x | $540.34 Million |
About Wiscom
Wiscom Co.,Ltd. manufactures and sells plastic products in South Korea. It operates through PNP and Manufacturing divisions. The company offers semi conductive, HFFR and HFIX, crosslinked type XLPE, power cable, communication cable, flame retardant cable, heat resistant cable, cold resistant cable, oil resistant, solar power cable, marine cable, automobile cable, automobile interior/exterior, rat… Read more