Woori Technology Inc (032820) - Net Assets

Latest as of September 2025: ₩135.66 Billion KRW ≈ $91.93 Million USD

Based on the latest financial reports, Woori Technology Inc (032820) has net assets worth ₩135.66 Billion KRW (≈ $91.93 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 (₩332.19 Billion ≈ $225.12 Million USD) and total liabilities (₩196.54 Billion ≈ $133.19 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 Woori Technology Inc asset portfolio for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩135.66 Billion
% of Total Assets	40.84%
Annual Growth Rate	6.86%
5-Year Change	116.1%
10-Year Change	271.83%
Growth Volatility	22.16

Woori Technology Inc - Net Assets Trend (2011–2024)

This chart illustrates how Woori Technology Inc's net assets have evolved over time, based on quarterly financial data. Check how tangible is Woori Technology Inc's equity to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Woori Technology Inc (2011–2024)

The table below shows the annual net assets of Woori Technology Inc from 2011 to 2024. For live valuation and market cap data, see 032820 market cap.

Year	Net Assets	Change
2024-12-31	₩111.23 Billion ≈ $75.38 Million	+7.55%
2023-12-31	₩103.42 Billion ≈ $70.09 Million	+8.32%
2022-12-31	₩95.47 Billion ≈ $64.70 Million	+20.97%
2021-12-31	₩78.92 Billion ≈ $53.48 Million	+53.33%
2020-12-31	₩51.47 Billion ≈ $34.88 Million	+53.39%
2019-12-31	₩33.56 Billion ≈ $22.74 Million	+1.24%
2018-12-31	₩33.14 Billion ≈ $22.46 Million	-11.90%
2017-12-31	₩37.62 Billion ≈ $25.50 Million	+21.61%
2016-12-31	₩30.94 Billion ≈ $20.97 Million	+3.42%
2015-12-31	₩29.91 Billion ≈ $20.27 Million	-8.54%
2014-12-31	₩32.71 Billion ≈ $22.16 Million	-15.90%
2013-12-31	₩38.89 Billion ≈ $26.36 Million	-3.86%
2012-12-31	₩40.45 Billion ≈ $27.41 Million	-13.87%
2011-12-31	₩46.97 Billion ≈ $31.83 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Woori Technology Inc'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 decreased by 207533.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	₩80.44 Billion	72.32%
Other Components	₩79.37 Billion	71.36%
Total Equity	₩111.23 Billion	100.00%

Woori Technology Inc Competitors by Market Cap

The table below lists competitors of Woori Technology Inc ranked by their market capitalization.

Company	Market Cap
Bioventus Inc NASDAQ:BVS	$588.05 Million
Abacus Group AU:ABG	$588.06 Million
Amtran Technology Co Ltd TW:2489	$588.08 Million
Zhejiang Jasan Holding Group Co Ltd SHG:603558	$588.13 Million
Groupe CRIT SA PA:CEN	$587.79 Million
Shenzhen TXD Technology Co Ltd SHE:002845	$587.64 Million
Shanghai Kinetic Medical Co SHE:300326	$587.56 Million
Chatham Lodging Trust REIT NYSE:CLDT	$587.49 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Woori Technology Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 103,312,342,360 to 111,229,851,390, a change of 7,917,509,030 (7.7%).
Net loss of 3,573,587,880 reduced equity.
Other factors increased equity by 11,491,096,910.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩-3.57 Billion	-3.21%
Other Changes	₩11.49 Billion	+10.33%
Total Change	₩-	7.66%

Book Value vs Market Value Analysis

This analysis compares Woori Technology Inc'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: 13.12x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 22.53x to 13.12x 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	₩402.54	₩9070.00	x
2017-12-31	₩450.18	₩9070.00	x
2018-12-31	₩388.11	₩9070.00	x
2019-12-31	₩338.57	₩9070.00	x
2020-12-31	₩403.68	₩9070.00	x
2021-12-31	₩551.81	₩9070.00	x
2022-12-31	₩633.85	₩9070.00	x
2023-12-31	₩680.02	₩9070.00	x
2024-12-31	₩691.35	₩9070.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Woori Technology Inc 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): -3.21%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -5.02%
• Asset Turnover: 0.27x
• Equity Multiplier: 2.39x
Recent ROE (-3.21%) is above the historical average (-5.61%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	6.42%	11.31%	0.28x	2.05x	₩-1.64 Billion
2014	-17.37%	-23.92%	0.27x	2.65x	₩-9.84 Billion
2015	-34.06%	-25.64%	0.47x	2.82x	₩-13.18 Billion
2016	16.12%	15.85%	0.38x	2.66x	₩1.89 Billion
2017	8.68%	10.82%	0.35x	2.27x	₩-496.91 Million
2018	-24.79%	-29.15%	0.31x	2.76x	₩-11.53 Billion
2019	-33.09%	-34.06%	0.31x	3.10x	₩-14.46 Billion
2020	-2.41%	-2.48%	0.42x	2.30x	₩-6.39 Billion
2021	7.94%	12.01%	0.35x	1.88x	₩-1.63 Billion
2022	3.53%	6.81%	0.31x	1.70x	₩-6.18 Billion
2023	4.87%	7.96%	0.33x	1.84x	₩-5.30 Billion
2024	-3.21%	-5.02%	0.27x	2.39x	₩-14.70 Billion

Industry Comparison

This section compares Woori Technology Inc's net assets metrics with peer companies in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.

Industry Context

Industry: Machinery, Tools, Heavy Vehicles, Trains & Ships
Average net assets among peers: $93,410,532,026
Average return on equity (ROE) among peers: 1.57%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Woori Technology Inc (032820)	₩135.66 Billion	6.42%	1.45x	$587.79 Million
Bosung Power Technology Co. Ltd (006910)	$91.59 Billion	-1.01%	0.22x	$187.49 Million
Youngsin Metal Industrial Co. Ltd (007530)	$43.64 Billion	2.17%	2.14x	$15.82 Million
SMCore.Inc (007820)	$75.57 Billion	-2.60%	0.31x	$36.59 Million
Heungkuk Metaltech Co.Ltd (010240)	$92.06 Billion	9.29%	0.28x	$44.51 Million
Nuintek Co.Ltd (012340)	$27.48 Billion	1.45%	0.90x	$29.42 Million
CAS Corporation (016920)	$68.12 Billion	-2.43%	1.43x	$14.70 Million
Semyung Electric Machinery Co.Ltd (017510)	$72.28 Billion	2.97%	0.12x	$64.99 Million
Enertork Ltd (019990)	$45.00 Billion	4.09%	0.15x	$29.86 Million
Tae Kwang Corporation (023160)	$324.94 Billion	0.24%	0.16x	$362.87 Million

About Woori Technology Inc

KQ:032820 Korea Machinery, Tools, Heavy Vehicles, Trains & Ships

Market Cap

$587.79 Million

₩867.35 Billion KRW

Market Cap Rank

#11182 Global

#291 in Korea

Share Price

₩9070.00

Change (1 day)

-7.92%

52-Week Range

₩3360.00 - ₩29300.00

All Time High

₩29300.00