Wonpoong Corporation Net Assets
Wonpoong Corporation net assets. Based on the latest financial reports, Wonpoong Corporation (008370) has net assets worth ₩91.68 Billion KRW (≈ $62.13 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 (₩105.34 Billion ≈ $71.39 Million USD) and total liabilities (₩13.66 Billion ≈ $9.26 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. Also explore Wonpoong Corporation net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩91.68 Billion |
| % of Total Assets | 87.03% |
| Annual Growth Rate | 3.58% |
| 5-Year Change | 22.67% |
| 10-Year Change | 28.02% |
| Growth Volatility | 2.99 |
Net Assets of Wonpoong Corporation (2011–2024)
Net assets of Wonpoong Corporation from 2011 to 2024. This chart illustrates how Wonpoong Corporation's net assets have evolved over time, based on quarterly financial data. See Wonpoong Corporation net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Wonpoong Corporation (2011–2024)
The table below shows the annual net assets of Wonpoong Corporation from 2011 to 2024. For live market cap and overall valuation, see Wonpoong Corporation market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩91.52 Billion ≈ $62.02 Million |
+2.59% |
| 2023-12-31 | ₩89.22 Billion ≈ $60.46 Million |
+4.07% |
| 2022-12-31 | ₩85.73 Billion ≈ $58.10 Million |
+5.30% |
| 2021-12-31 | ₩81.42 Billion ≈ $55.18 Million |
+9.13% |
| 2020-12-31 | ₩74.61 Billion ≈ $50.56 Million |
+1.51% |
| 2019-12-31 | ₩73.50 Billion ≈ $49.81 Million |
-1.34% |
| 2018-12-31 | ₩74.50 Billion ≈ $50.48 Million |
-1.28% |
| 2017-12-31 | ₩75.46 Billion ≈ $51.14 Million |
+0.40% |
| 2016-12-31 | ₩75.16 Billion ≈ $50.94 Million |
+5.13% |
| 2015-12-31 | ₩71.49 Billion ≈ $48.45 Million |
+6.82% |
| 2014-12-31 | ₩66.93 Billion ≈ $45.36 Million |
+4.50% |
| 2013-12-31 | ₩64.05 Billion ≈ $43.40 Million |
+5.09% |
| 2012-12-31 | ₩60.94 Billion ≈ $41.30 Million |
+5.23% |
| 2011-12-31 | ₩57.92 Billion ≈ $39.25 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wonpoong Corporation'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 7465254025000.0% over the analyzed period, indicating profitable operations and earnings retention.
Wonpoong Corporation Net Assets Breakdown (December 2024)
Wonpoong Corporation net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩74.65 Billion | 81.57% |
| Common Stock | ₩6.00 Billion | 6.56% |
| Other Components | ₩10.87 Billion | 11.88% |
| Total Equity | ₩91.52 Billion | 100.00% |
Wonpoong Corporation Competitors by Market Cap
The table below lists competitors of Wonpoong Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KRONA PUBLIC REAL ESTATE
F:927
|
$38.89 Million |
|
Dongwon Metal
KO:018500
|
$38.90 Million |
|
Dimension Computer Technology Co Ltd
TWO:6140
|
$38.92 Million |
|
MK Trend Co. Ltd.
KO:069640
|
$38.92 Million |
|
Indopoly Swakarsa Industry Tbk
JK:IPOL
|
$38.89 Million |
|
Hung Chou Fiber Ind Co Ltd
TW:1413
|
$38.88 Million |
|
Chih Lien Industrial Co Ltd
TW:2024
|
$38.86 Million |
|
Mundial S.A. - Produtos de Consumo
SA:MNDL3
|
$38.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wonpoong Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 89,054,821,930 to 91,524,671,410, a change of 2,469,849,480 (2.8%).
- Net income of 7,108,042,380 contributed positively to equity growth.
- Dividend payments of 2,462,095,240 reduced retained earnings.
- Share repurchases of 2,189,379,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩7.11 Billion | +7.77% |
| Dividends Paid | ₩2.46 Billion | -2.69% |
| Share Repurchases | ₩2.19 Billion | -2.39% |
| Other Changes | ₩13.28 Million | +0.01% |
| Total Change | ₩- | 2.77% |
Book Value vs Market Value Analysis
This analysis compares Wonpoong Corporation'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: 0.64x
- 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.
- The price-to-book ratio has decreased from 0.87x to 0.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩6263.61 | ₩5470.00 | x |
| 2017-12-31 | ₩6288.67 | ₩5470.00 | x |
| 2018-12-31 | ₩6207.95 | ₩5470.00 | x |
| 2019-12-31 | ₩6447.14 | ₩5470.00 | x |
| 2020-12-31 | ₩6689.88 | ₩5470.00 | x |
| 2021-12-31 | ₩6784.92 | ₩5470.00 | x |
| 2022-12-31 | ₩7507.81 | ₩5470.00 | x |
| 2023-12-31 | ₩7821.83 | ₩5470.00 | x |
| 2024-12-31 | ₩8544.65 | ₩5470.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wonpoong Corporation 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): 7.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.93%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.07x
- Recent ROE (7.77%) is above the historical average (6.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 8.74% | 4.70% | 1.38x | 1.34x | ₩-726.30 Million |
| 2012 | 7.05% | 4.08% | 1.31x | 1.32x | ₩-1.79 Billion |
| 2013 | 7.11% | 5.06% | 1.12x | 1.25x | ₩-1.84 Billion |
| 2014 | 6.33% | 5.10% | 1.03x | 1.21x | ₩-2.45 Billion |
| 2015 | 8.41% | 7.29% | 0.98x | 1.17x | ₩-1.13 Billion |
| 2016 | 7.06% | 7.07% | 0.86x | 1.15x | ₩-2.21 Billion |
| 2017 | 3.02% | 3.20% | 0.83x | 1.13x | ₩-5.27 Billion |
| 2018 | 2.75% | 3.00% | 0.81x | 1.13x | ₩-5.40 Billion |
| 2019 | 2.70% | 2.73% | 0.88x | 1.13x | ₩-5.36 Billion |
| 2020 | 4.86% | 4.92% | 0.87x | 1.13x | ₩-3.84 Billion |
| 2021 | 6.37% | 5.83% | 0.95x | 1.15x | ₩-2.95 Billion |
| 2022 | 9.91% | 9.49% | 0.96x | 1.09x | ₩-79.28 Million |
| 2023 | 7.38% | 8.90% | 0.77x | 1.08x | ₩-2.34 Billion |
| 2024 | 7.77% | 8.93% | 0.81x | 1.07x | ₩-2.04 Billion |
Industry Comparison
This section compares Wonpoong Corporation's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $296,449,401,378
- Average return on equity (ROE) among peers: 0.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wonpoong Corporation (008370) | ₩91.68 Billion | 8.74% | 0.15x | $38.89 Million |
| Kyungbangco.Ltd (000050) | $629.70 Billion | 0.00% | 1.15x | $129.00 Million |
| Chonbang (000950) | $236.56 Billion | 0.00% | 1.20x | $23.47 Million |
| Silla Textile Co.Ltd (001000) | $15.39 Billion | -0.23% | 1.07x | $6.91 Million |
| Taihan Textile (001070) | $126.08 Billion | -12.37% | 0.57x | $12.90 Million |
| DI Dong Il Corp (001530) | $561.11 Billion | 0.00% | 0.64x | $320.18 Million |
| Ilshin Spinnin (003200) | $694.22 Billion | 2.86% | 0.30x | $151.57 Million |
| Pang Rim Spinn (003610) | $152.24 Billion | 2.01% | 0.47x | $125.75 Million |
| Daehan Synthet (003830) | $398.08 Billion | 1.26% | 0.27x | $76.95 Million |
| Duksung (004830) | $85.77 Billion | 6.57% | 0.48x | $27.41 Million |
| Duksung Co Ltd (004835) | $65.34 Billion | 0.80% | 0.61x | $4.15 Million |
About Wonpoong Corporation
Wonpoong Corporation provides industrial and marine fabrics. It offers general and truck tarp, dock seal, transparent, agricultural, geomembrane, mining and tunnel liner, biogas membrane, structure and tent tarp, awning and annex, and event structure fabrics, as well as fabrics for containers, pool and spas, sports and leisure, movie screens, building and construction industry, and oil booms and … Read more