CS Wind Corp (112610) - Net Assets
Based on the latest financial reports, CS Wind Corp (112610) has net assets worth ₩1.33 Trillion KRW (≈ $902.23 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 (₩3.39 Trillion ≈ $2.29 Billion USD) and total liabilities (₩2.05 Trillion ≈ $1.39 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 112610 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.33 Trillion |
| % of Total Assets | 39.33% |
| Annual Growth Rate | 14.97% |
| 5-Year Change | 170.62% |
| 10-Year Change | 268.54% |
| Growth Volatility | 33.28 |
CS Wind Corp - Net Assets Trend (2014–2024)
This chart illustrates how CS Wind Corp's net assets have evolved over time, based on quarterly financial data. Also explore CS Wind Corp balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for CS Wind Corp (2014–2024)
The table below shows the annual net assets of CS Wind Corp from 2014 to 2024. For live valuation and market cap data, see CS Wind Corp (112610) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.20 Trillion ≈ $813.40 Million |
+27.09% |
| 2023-12-31 | ₩944.42 Billion ≈ $640.02 Million |
+1.81% |
| 2022-12-31 | ₩927.61 Billion ≈ $628.63 Million |
-2.03% |
| 2021-12-31 | ₩946.82 Billion ≈ $641.64 Million |
+113.47% |
| 2020-12-31 | ₩443.53 Billion ≈ $300.57 Million |
+19.93% |
| 2019-12-31 | ₩369.83 Billion ≈ $250.63 Million |
+16.11% |
| 2018-12-31 | ₩318.52 Billion ≈ $215.85 Million |
+5.51% |
| 2017-12-31 | ₩301.88 Billion ≈ $204.58 Million |
+1.09% |
| 2016-12-31 | ₩298.63 Billion ≈ $202.38 Million |
-8.31% |
| 2015-12-31 | ₩325.68 Billion ≈ $220.71 Million |
+9.47% |
| 2014-12-31 | ₩297.50 Billion ≈ $201.61 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CS Wind Corp'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 235952.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩361.28 Billion | 31.45% |
| Other Components | ₩787.38 Billion | 68.55% |
| Total Equity | ₩1.15 Trillion | 100.00% |
CS Wind Corp Competitors by Market Cap
The table below lists competitors of CS Wind Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Yonghe Refrigerant Co Ltd
SHG:605020
|
$2.01 Billion |
|
Kiatnakin Phatra Bank Public Company Limited
BK:KKP
|
$2.01 Billion |
|
GCH Technology Co. Ltd. A
SHG:688625
|
$2.01 Billion |
|
Skyward Specialty Insurance Group, Inc. Common Stock
NASDAQ:SKWD
|
$2.01 Billion |
|
Central China Land Media Co Ltd
SHE:000719
|
$2.01 Billion |
|
Shanghai Fullhan Microelectronics Co Ltd
SHE:300613
|
$2.01 Billion |
|
Wasu Media Holding Co Ltd
SHE:000156
|
$2.01 Billion |
|
Walsin Technology Corp
TW:2492
|
$2.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CS Wind Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 896,809,674,750 to 1,148,662,127,810, a change of 251,852,453,060 (28.1%).
- Net income of 142,294,111,280 contributed positively to equity growth.
- Dividend payments of 20,714,740,500 reduced retained earnings.
- Other factors increased equity by 130,273,082,280.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩142.29 Billion | +12.39% |
| Dividends Paid | ₩20.71 Billion | -1.8% |
| Other Changes | ₩130.27 Billion | +11.34% |
| Total Change | ₩- | 28.08% |
Book Value vs Market Value Analysis
This analysis compares CS Wind Corp'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: 2.58x
- 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 7.92x to 2.58x 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 | ₩9046.10 | ₩71600.00 | x |
| 2018-12-31 | ₩9241.02 | ₩71600.00 | x |
| 2019-12-31 | ₩10421.12 | ₩71600.00 | x |
| 2020-12-31 | ₩11949.91 | ₩71600.00 | x |
| 2021-12-31 | ₩21203.83 | ₩71600.00 | x |
| 2022-12-31 | ₩21229.02 | ₩71600.00 | x |
| 2023-12-31 | ₩21646.65 | ₩71600.00 | x |
| 2024-12-31 | ₩27725.72 | ₩71600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CS Wind Corp 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): 12.39%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.63%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 3.14x
- Recent ROE (12.39%) is above the historical average (6.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 19.21% | 17.36% | 0.89x | 1.25x | ₩27.39 Billion |
| 2015 | 6.56% | 7.19% | 0.76x | 1.20x | ₩-11.19 Billion |
| 2016 | -5.79% | -5.55% | 0.81x | 1.29x | ₩-47.11 Billion |
| 2017 | 12.91% | 12.47% | 0.80x | 1.29x | ₩8.78 Billion |
| 2018 | 1.96% | 1.18% | 0.83x | 2.01x | ₩-24.28 Billion |
| 2019 | 9.36% | 3.99% | 1.09x | 2.16x | ₩-2.19 Billion |
| 2020 | 7.47% | 3.19% | 1.10x | 2.13x | ₩-10.45 Billion |
| 2021 | 7.40% | 5.50% | 0.68x | 1.98x | ₩-23.21 Billion |
| 2022 | 0.22% | 0.14% | 0.77x | 2.03x | ₩-86.04 Billion |
| 2023 | 2.16% | 1.27% | 0.54x | 3.16x | ₩-70.30 Billion |
| 2024 | 12.39% | 4.63% | 0.85x | 3.14x | ₩27.43 Billion |
Industry Comparison
This section compares CS Wind Corp's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $161,130,705,092
- Average return on equity (ROE) among peers: 82.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CS Wind Corp (112610) | ₩1.33 Trillion | 19.21% | 1.54x | $2.01 Billion |
| Hwacheon Mac (000850) | $131.77 Billion | 7.91% | 0.65x | $57.77 Million |
| Daidong Elec (008110) | $88.61 Billion | 9.10% | 0.47x | $71.25 Million |
| Booster Co. Ltd (008470) | $65.94 Billion | 9.50% | 0.26x | $21.20 Million |
| Simpac (009160) | $240.83 Billion | 5.35% | 0.58x | $101.09 Million |
| Kyung Dong Navien Co Ltd (009450) | $695.42 Billion | 17.88% | 0.95x | $761.04 Million |
| Korea Refract (010040) | $25.31 Billion | -5.89% | 3.13x | $48.01 Million |
| Woojin I&S Co Ltd (010400) | $106.95 Billion | 1.99% | 0.25x | $18.75 Million |
| Hwacheon Machi (010660) | $124.32 Billion | -0.54% | 0.30x | $75.74 Million |
| Han Shin Mach (011700) | $89.60 Billion | -1.35% | 0.41x | $101.16 Million |
| STX Corporation (011810) | $42.56 Billion | 785.68% | 13.74x | $74.11 Million |
About CS Wind Corp
CS Wind Corporation manufactures and sells wind towers and offshore wind substructures in Europe, North America, and Asia. It offers onshore and offshore wind power towers; transition pieces; wind power equipment; offshore wind power substructure construction contract services; aluminum platforms; and wind towers research and development services. The company was formerly known as Choong San Wind… Read more