Woojin
Woojin Inc. engages in the developing and manufacturing of industrial measuring instruments in South Korea. The company offers various instruments ranging from the ICI assembly, RSPT, PI RTD, CEDM coil, integrated auto manual station, LCD type indicator, paperless recorder, TC and RTD, and pressure gauge and switch, as well as refabricated, IHA, HJTC MI, and ICI MI cable assembly for nuclear powe… Read more
Woojin (105840) - Net Assets
Latest net assets as of September 2025: ₩235.20 Billion KRW
Based on the latest financial reports, Woojin (105840) has net assets worth ₩235.20 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 (₩279.63 Billion) and total liabilities (₩44.43 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 | ₩235.20 Billion |
| % of Total Assets | 84.11% |
| Annual Growth Rate | 6.9% |
| 5-Year Change | 39.67% |
| 10-Year Change | 81.96% |
| Growth Volatility | 8.49 |
Woojin - Net Assets Trend (2011–2024)
This chart illustrates how Woojin's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Woojin (2011–2024)
The table below shows the annual net assets of Woojin from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩232.32 Billion | +17.76% |
| 2023-12-31 | ₩197.28 Billion | +11.73% |
| 2022-12-31 | ₩176.57 Billion | +10.65% |
| 2021-12-31 | ₩159.57 Billion | -4.07% |
| 2020-12-31 | ₩166.34 Billion | +25.32% |
| 2019-12-31 | ₩132.73 Billion | +1.30% |
| 2018-12-31 | ₩131.03 Billion | -3.69% |
| 2017-12-31 | ₩136.05 Billion | +10.28% |
| 2016-12-31 | ₩123.37 Billion | -3.38% |
| 2015-12-31 | ₩127.68 Billion | +9.01% |
| 2014-12-31 | ₩117.12 Billion | +0.51% |
| 2013-12-31 | ₩116.53 Billion | +7.64% |
| 2012-12-31 | ₩108.26 Billion | +10.99% |
| 2011-12-31 | ₩97.55 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Woojin'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 7000597696000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩70.01 Billion | 36.79% |
| Other Components | ₩120.28 Billion | 63.21% |
| Total Equity | ₩190.29 Billion | 100.00% |
Woojin Competitors by Market Cap
The table below lists competitors of Woojin ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ALTRON LTD. A RC-02
F:RY7A
|
$202.95 Million |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
$202.97 Million |
|
Yurtec Corporation
PINK:YRCCF
|
$202.98 Million |
|
Lantronix Inc
NASDAQ:LTRX
|
$203.00 Million |
|
Ion Beam Applications SA
PINK:IOBCF
|
$202.91 Million |
|
UNHRF
PINK:UNHRF
|
$202.88 Million |
|
Elematec Corporation
PINK:EEAEF
|
$202.87 Million |
|
Ahluwalia Contracts (India) Limited
NSE:AHLUCONT
|
$202.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Woojin's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 168,627,005,170 to 190,285,886,610, a change of 21,658,881,440 (12.8%).
- Net income of 13,613,221,380 contributed positively to equity growth.
- New share issuances of 10,729,125,880 increased equity.
- Other factors decreased equity by 2,683,465,820.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩13.61 Billion | +7.15% |
| Share Issuances | ₩10.73 Billion | +5.64% |
| Other Changes | ₩-2.68 Billion | -1.41% |
| Total Change | ₩- | 12.84% |
Book Value vs Market Value Analysis
This analysis compares Woojin'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: 2.75x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.87x to 2.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩6814.92 | ₩26400.00 | x |
| 2018-12-31 | ₩6505.41 | ₩26400.00 | x |
| 2019-12-31 | ₩5703.67 | ₩26400.00 | x |
| 2020-12-31 | ₩7570.32 | ₩26400.00 | x |
| 2021-12-31 | ₩7106.36 | ₩26400.00 | x |
| 2022-12-31 | ₩7876.52 | ₩26400.00 | x |
| 2023-12-31 | ₩8508.93 | ₩26400.00 | x |
| 2024-12-31 | ₩9601.84 | ₩26400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Woojin 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): 7.15%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.67%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.45x
- Recent ROE (7.15%) is above the historical average (3.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 13.66% | 14.98% | 0.68x | 1.34x | ₩3.29 Billion |
| 2012 | 6.87% | 8.21% | 0.62x | 1.35x | ₩-3.10 Billion |
| 2013 | 2.57% | 3.33% | 0.53x | 1.47x | ₩-7.44 Billion |
| 2014 | 1.87% | 1.78% | 0.59x | 1.77x | ₩-8.15 Billion |
| 2015 | 12.41% | 12.89% | 0.55x | 1.77x | ₩2.66 Billion |
| 2016 | -0.36% | -0.35% | 0.60x | 1.70x | ₩-11.02 Billion |
| 2017 | -13.58% | -15.91% | 0.52x | 1.65x | ₩-27.14 Billion |
| 2018 | -6.58% | -7.78% | 0.44x | 1.90x | ₩-18.41 Billion |
| 2019 | -10.30% | -13.35% | 0.44x | 1.73x | ₩-23.39 Billion |
| 2020 | 22.90% | 38.02% | 0.37x | 1.61x | ₩19.23 Billion |
| 2021 | -5.56% | -7.28% | 0.47x | 1.63x | ₩-21.92 Billion |
| 2022 | 6.06% | 7.63% | 0.55x | 1.45x | ₩-6.14 Billion |
| 2023 | 6.92% | 9.05% | 0.54x | 1.43x | ₩-5.19 Billion |
| 2024 | 7.15% | 9.67% | 0.51x | 1.45x | ₩-5.42 Billion |
Industry Comparison
This section compares Woojin's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $81,444,777,436
- Average return on equity (ROE) among peers: 9.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Woojin (105840) | ₩235.20 Billion | 13.66% | 0.19x | $202.94 Million |
| NanoenTekInc (039860) | $22.98 Billion | 0.00% | 0.93x | $79.23 Million |
| 068100 (068100) | $8.27 Billion | -29.84% | 0.79x | $9.95 Million |
| THINKWARE Corporation (084730) | $181.09 Billion | 1.85% | 0.92x | $33.86 Million |
| Mobile Appliance Inc. (087260) | $43.74 Billion | 5.72% | 0.85x | $36.80 Million |
| Suprema HQ Inc (094840) | $209.14 Billion | 17.82% | 0.10x | $20.47 Million |
| HyVision System. Inc (126700) | $200.33 Billion | 12.00% | 0.54x | $128.35 Million |
| DAIHAN Scientific Co. Ltd (131220) | $18.57 Billion | 3.74% | 1.03x | $13.44 Million |
| Parksystems Corp (140860) | $30.56 Billion | 14.87% | 0.21x | $772.61 Million |
| LET co. Ltd (297890) | $18.34 Billion | 56.84% | 1.16x | $64.81 Million |