Wonik Cube Corp
Wonik Cube Corp. distributes chemical, polymer, silicon, building, and printing and packaging materials in South Korea. It imports and sells basic chemicals, raw materials, etc. for paint, ink, adhesive, paper, artificial marble, electronic material, synthetic leather, and textile sectors. The company also supplies PC, PET, PETG, PMMA, and ULTEM products for use in electrical, electronic, automot… Read more
Wonik Cube Corp (014190) - Net Assets
Latest net assets as of September 2025: ₩110.62 Billion KRW
Based on the latest financial reports, Wonik Cube Corp (014190) has net assets worth ₩110.62 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 (₩147.82 Billion) and total liabilities (₩37.20 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 | ₩110.62 Billion |
| % of Total Assets | 74.83% |
| Annual Growth Rate | 7.2% |
| 5-Year Change | 27.37% |
| 10-Year Change | 66.63% |
| Growth Volatility | 31.47 |
Wonik Cube Corp - Net Assets Trend (2004–2024)
This chart illustrates how Wonik Cube Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wonik Cube Corp (2004–2024)
The table below shows the annual net assets of Wonik Cube Corp from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩106.88 Billion | +2.57% |
| 2023-12-31 | ₩104.20 Billion | +4.74% |
| 2022-12-31 | ₩99.49 Billion | +5.00% |
| 2021-12-31 | ₩94.75 Billion | +12.92% |
| 2020-12-31 | ₩83.91 Billion | +4.14% |
| 2019-12-31 | ₩80.57 Billion | +7.50% |
| 2018-12-31 | ₩74.95 Billion | -3.83% |
| 2017-12-31 | ₩77.94 Billion | +13.34% |
| 2016-12-31 | ₩68.76 Billion | +7.21% |
| 2015-12-31 | ₩64.14 Billion | +15.90% |
| 2014-12-31 | ₩55.34 Billion | -23.37% |
| 2013-12-31 | ₩72.22 Billion | +88.66% |
| 2008-12-31 | ₩38.28 Billion | +92.66% |
| 2007-12-31 | ₩19.87 Billion | -24.81% |
| 2006-12-31 | ₩26.43 Billion | -0.79% |
| 2005-12-31 | ₩26.64 Billion | +0.20% |
| 2004-12-31 | ₩26.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wonik Cube 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 4467987670000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩44.68 Billion | 41.80% |
| Common Stock | ₩17.70 Billion | 16.56% |
| Other Components | ₩44.50 Billion | 41.63% |
| Total Equity | ₩106.88 Billion | 100.00% |
Wonik Cube Corp Competitors by Market Cap
The table below lists competitors of Wonik Cube Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Century Casinos Inc
NASDAQ:CNTY
|
$29.64 Million |
|
Environmental Group Ltd (the)
AU:EGL
|
$29.64 Million |
|
Orca Energy Group Inc
PINK:ORXGF
|
$29.64 Million |
|
Rua Gold Inc
OTCQB:NZAUF
|
$29.66 Million |
|
Alquiber Quality SA
MC:ALQ
|
$29.61 Million |
|
Aikchol Hospital Public Company Limited
BK:AHC
|
$29.59 Million |
|
Ledtech Electronics Corp
TW:6164
|
$29.59 Million |
|
Latch Inc
NASDAQ:LTCH
|
$29.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wonik Cube Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 104,200,640,110 to 106,877,322,120, a change of 2,676,682,010 (2.6%).
- Net income of 2,675,445,880 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.68 Billion | +2.5% |
| Other Changes | ₩1.24 Million | +0.0% |
| Total Change | ₩- | 2.57% |
Book Value vs Market Value Analysis
This analysis compares Wonik Cube 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: 0.60x
- 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 0.78x to 0.60x 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 | ₩2344.18 | ₩1824.00 | x |
| 2017-12-31 | ₩2201.88 | ₩1824.00 | x |
| 2018-12-31 | ₩2117.61 | ₩1824.00 | x |
| 2019-12-31 | ₩2276.41 | ₩1824.00 | x |
| 2020-12-31 | ₩2370.64 | ₩1824.00 | x |
| 2021-12-31 | ₩2676.84 | ₩1824.00 | x |
| 2022-12-31 | ₩2810.76 | ₩1824.00 | x |
| 2023-12-31 | ₩2943.93 | ₩1824.00 | x |
| 2024-12-31 | ₩3019.55 | ₩1824.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wonik Cube 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): 2.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.93%
- • Asset Turnover: 1.87x
- • Equity Multiplier: 1.43x
- Recent ROE (2.50%) is below the historical average (2.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 13.32% | 2.57% | 2.17x | 2.39x | ₩764.71 Million |
| 2006 | 1.15% | 0.24% | 1.72x | 2.79x | ₩-2.26 Billion |
| 2007 | 4.23% | 0.86% | 1.69x | 2.91x | ₩-1.48 Billion |
| 2008 | 1.38% | 0.27% | 1.97x | 2.58x | ₩-2.62 Billion |
| 2013 | 2.98% | 1.21% | 1.53x | 1.61x | ₩-5.05 Billion |
| 2014 | -16.02% | -5.37% | 1.82x | 1.64x | ₩-14.47 Billion |
| 2015 | 2.49% | 0.91% | 1.73x | 1.59x | ₩-4.81 Billion |
| 2016 | 3.08% | 1.02% | 1.80x | 1.67x | ₩-4.76 Billion |
| 2017 | 2.12% | 0.69% | 1.55x | 1.99x | ₩-6.14 Billion |
| 2018 | -4.96% | -1.68% | 1.46x | 2.02x | ₩-11.22 Billion |
| 2019 | 4.77% | 1.88% | 1.43x | 1.77x | ₩-4.22 Billion |
| 2020 | 3.67% | 1.58% | 1.54x | 1.51x | ₩-5.31 Billion |
| 2021 | 11.11% | 4.07% | 1.75x | 1.55x | ₩1.05 Billion |
| 2022 | 4.32% | 1.75% | 1.80x | 1.38x | ₩-5.65 Billion |
| 2023 | 4.75% | 2.03% | 1.75x | 1.34x | ₩-5.47 Billion |
| 2024 | 2.50% | 0.93% | 1.87x | 1.43x | ₩-8.01 Billion |
Industry Comparison
This section compares Wonik Cube Corp's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $729,340,395,312
- Average return on equity (ROE) among peers: 5.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wonik Cube Corp (014190) | ₩110.62 Billion | 13.32% | 0.34x | $29.61 Million |
| DL Holdings CO. LTD. (000210) | $4.53 Trillion | 19.10% | 0.84x | $381.57 Million |
| Norooholdings (000320) | $402.45 Billion | 6.30% | 1.12x | $45.80 Million |
| Noroo Holdings Co Ltd (000325) | $583.54 Billion | 0.27% | 0.81x | $60.77 Million |
| Samhwa Paint (000390) | $299.72 Billion | 1.87% | 0.96x | $86.24 Million |
| Kangnam Jevisco Co Ltd (000860) | $366.15 Billion | 10.97% | 0.26x | $58.42 Million |
| Paik Kwang Ind (001340) | $204.57 Billion | 3.85% | 1.06x | $113.44 Million |
| Bo Lak (002760) | $43.76 Billion | 2.53% | 0.22x | $30.02 Million |
| Songwon Industrial (004430) | $543.25 Billion | 13.30% | 1.05x | $79.87 Million |
| Cho Kwang Pain (004910) | $172.73 Billion | -1.34% | 0.81x | $17.90 Million |
| Cosmoam&T (005070) | $147.00 Billion | -3.99% | 0.78x | $305.37 Million |