Wonik Corporation
Wonik Corporation engages in the semiconductor, trade and distribution, finance, cosmetics, IT and electronic parts, robots, and leisure businesses in South Korea. The company offers process devices building circuits on substrate boards; dry etcher in black plane and thin film encapsulation; thin film solar cell equipment; quartz ware products; ceramics; lamps; semiconductor precision cleaning eq… Read more
Wonik Corporation (032940) - Net Assets
Latest net assets as of September 2025: ₩285.59 Billion KRW
Based on the latest financial reports, Wonik Corporation (032940) has net assets worth ₩285.59 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 (₩381.78 Billion) and total liabilities (₩96.19 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 | ₩285.59 Billion |
| % of Total Assets | 74.81% |
| Annual Growth Rate | 7.03% |
| 5-Year Change | 45.02% |
| 10-Year Change | 526.39% |
| Growth Volatility | 74.11 |
Wonik Corporation - Net Assets Trend (2001–2024)
This chart illustrates how Wonik Corporation'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 Corporation (2001–2024)
The table below shows the annual net assets of Wonik Corporation from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩271.45 Billion | +7.87% |
| 2023-12-31 | ₩251.64 Billion | -0.80% |
| 2022-12-31 | ₩253.68 Billion | +17.93% |
| 2021-12-31 | ₩215.11 Billion | +14.92% |
| 2020-12-31 | ₩187.19 Billion | +63.49% |
| 2019-12-31 | ₩114.49 Billion | +70.89% |
| 2018-12-31 | ₩67.00 Billion | -51.80% |
| 2017-12-31 | ₩139.00 Billion | +11.69% |
| 2016-12-31 | ₩124.45 Billion | +187.18% |
| 2015-12-31 | ₩43.34 Billion | +8.46% |
| 2014-12-31 | ₩39.95 Billion | +6.26% |
| 2013-12-31 | ₩37.60 Billion | +30.93% |
| 2012-12-31 | ₩28.72 Billion | -20.08% |
| 2011-12-31 | ₩35.94 Billion | -34.02% |
| 2010-12-31 | ₩54.47 Billion | +130.81% |
| 2009-12-31 | ₩23.60 Billion | -67.56% |
| 2008-12-31 | ₩72.74 Billion | -30.52% |
| 2007-12-31 | ₩104.69 Billion | -28.47% |
| 2006-12-31 | ₩146.36 Billion | +2.00% |
| 2005-12-31 | ₩143.49 Billion | +254.43% |
| 2004-12-31 | ₩40.48 Billion | +3.52% |
| 2003-12-31 | ₩39.11 Billion | -31.38% |
| 2002-12-31 | ₩56.99 Billion | +0.25% |
| 2001-12-31 | ₩56.85 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wonik 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 22648202064000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩226.48 Billion | 83.43% |
| Common Stock | ₩9.10 Billion | 3.35% |
| Other Components | ₩35.87 Billion | 13.21% |
| Total Equity | ₩271.45 Billion | 100.00% |
Wonik Corporation Competitors by Market Cap
The table below lists competitors of Wonik Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TPI Polene Power Public Company Limited
BK:TPIPP
|
$122.74 Million |
|
Moury Construct SA
BR:MOUR
|
$122.79 Million |
|
V Technology Co. Ltd
PINK:VCHYF
|
$122.79 Million |
|
Xin Hee Co Ltd
SHE:003016
|
$122.79 Million |
|
CHC Healthcare Group
TW:4164
|
$122.61 Million |
|
Galectin Therapeutics Inc
NASDAQ:GALT
|
$122.60 Million |
|
Shenzhen Jianyi Decoration Group Co Ltd
SHE:002789
|
$122.59 Million |
|
Anhui Tuoshan Heavy Industry Co. Ltd.
SHE:001226
|
$122.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wonik Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 249,612,035,560 to 271,449,213,950, a change of 21,837,178,390 (8.7%).
- Net income of 21,142,286,710 contributed positively to equity growth.
- Share repurchases of 87,121,440 reduced equity.
- New share issuances of 87,121,440 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩21.14 Billion | +7.79% |
| Share Repurchases | ₩87.12 Million | -0.03% |
| Share Issuances | ₩87.12 Million | +0.03% |
| Other Changes | ₩694.89 Million | +0.26% |
| Total Change | ₩- | 8.75% |
Book Value vs Market Value Analysis
This analysis compares Wonik 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: 0.66x
- 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 1.12x to 0.66x 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 | ₩8837.72 | ₩9890.00 | x |
| 2017-12-31 | ₩9871.06 | ₩9890.00 | x |
| 2018-12-31 | ₩3735.70 | ₩9890.00 | x |
| 2019-12-31 | ₩6293.19 | ₩9890.00 | x |
| 2020-12-31 | ₩10290.90 | ₩9890.00 | x |
| 2021-12-31 | ₩11823.44 | ₩9890.00 | x |
| 2022-12-31 | ₩13943.42 | ₩9890.00 | x |
| 2023-12-31 | ₩13720.09 | ₩9890.00 | x |
| 2024-12-31 | ₩14920.38 | ₩9890.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wonik 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): 7.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.24%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.34x
- Recent ROE (7.79%) is below the historical average (10.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 6.63% | 4.06% | 0.91x | 1.79x | ₩-1.75 Billion |
| 2002 | 6.58% | 3.43% | 0.91x | 2.12x | ₩-1.79 Billion |
| 2003 | 14.23% | 7.21% | 0.98x | 2.00x | ₩1.59 Billion |
| 2004 | 3.56% | 2.22% | 0.85x | 1.89x | ₩-2.55 Billion |
| 2005 | 11.96% | 3.20% | 0.81x | 4.62x | ₩1.04 Billion |
| 2006 | 5.55% | 1.46% | 0.69x | 5.52x | ₩-2.46 Billion |
| 2010 | 62.24% | 43.09% | 0.60x | 2.41x | ₩30.30 Billion |
| 2011 | 3.80% | 2.62% | 0.52x | 2.78x | ₩-2.43 Billion |
| 2013 | 18.80% | 13.67% | 0.53x | 2.58x | ₩3.66 Billion |
| 2014 | 0.60% | 0.46% | 0.55x | 2.33x | ₩-4.13 Billion |
| 2015 | -2.74% | -2.11% | 0.44x | 2.95x | ₩-5.52 Billion |
| 2016 | 67.35% | 129.34% | 0.34x | 1.52x | ₩71.37 Billion |
| 2017 | 10.19% | 21.07% | 0.30x | 1.60x | ₩268.30 Million |
| 2018 | -125.61% | -104.81% | 0.60x | 2.01x | ₩-90.86 Billion |
| 2019 | 40.41% | 51.18% | 0.50x | 1.57x | ₩34.81 Billion |
| 2020 | 42.44% | 90.80% | 0.31x | 1.51x | ₩60.72 Billion |
| 2021 | 13.24% | 30.09% | 0.30x | 1.47x | ₩6.98 Billion |
| 2022 | 15.08% | 35.38% | 0.29x | 1.49x | ₩12.87 Billion |
| 2023 | -0.69% | -1.33% | 0.35x | 1.49x | ₩-26.69 Billion |
| 2024 | 7.79% | 15.24% | 0.38x | 1.34x | ₩-6.00 Billion |
Industry Comparison
This section compares Wonik Corporation's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $10,510,896,537,880
- Average return on equity (ROE) among peers: -1.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wonik Corporation (032940) | ₩285.59 Billion | 6.63% | 0.34x | $122.61 Million |
| Samyang Holdings (000070) | $2.03 Trillion | 1.52% | 0.77x | $188.05 Million |
| Doosan (000150) | $10.30 Trillion | -6.76% | 1.56x | $7.78 Billion |
| Doosan Pref Shs (000155) | $8.50 Trillion | 2.49% | 2.06x | $3.87 Billion |
| Doosan Co Ltd (000157) | $11.21 Trillion | -3.46% | 1.52x | $833.50 Million |
| Hanwha Corp. Pfd. Series 1 (000885) | $18.26 Trillion | 0.49% | 8.98x | $738.15 Million |
| Hanwha Corp Preferred (00088K) | $33.18 Trillion | 3.54% | 4.94x | $825.07 Million |
| CJ Corp 4P Pref (00104K) | $17.75 Trillion | 0.57% | 1.68x | $1.87 Billion |
| LX International Corp (001120) | $1.54 Trillion | -15.26% | 2.49x | $797.65 Million |
| Kg Chemical (001390) | $192.43 Billion | 3.19% | 1.23x | $134.61 Million |
| SK Networks Co Ltd (001740) | $2.16 Trillion | -0.03% | 3.23x | $347.14 Million |