Wooree Lighting Co.Ltd (037400) - Net Assets
Based on the latest financial reports, Wooree Lighting Co.Ltd (037400) has net assets worth ₩330.17 Billion KRW (≈ $223.75 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 (₩878.19 Billion ≈ $595.14 Million USD) and total liabilities (₩548.02 Billion ≈ $371.39 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. Check Wooree Lighting Co.Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩330.17 Billion |
| % of Total Assets | 37.6% |
| Annual Growth Rate | 7.55% |
| 5-Year Change | 77.92% |
| 10-Year Change | 78.01% |
| Growth Volatility | 60.68 |
Wooree Lighting Co.Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Wooree Lighting Co.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 037400 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Wooree Lighting Co.Ltd (2001–2024)
The table below shows the annual net assets of Wooree Lighting Co.Ltd from 2001 to 2024. For live valuation and market cap data, see 037400 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩138.92 Billion ≈ $94.14 Million |
-56.63% |
| 2023-12-31 | ₩320.29 Billion ≈ $217.05 Million |
+146.25% |
| 2022-12-31 | ₩130.06 Billion ≈ $88.14 Million |
+28.60% |
| 2021-12-31 | ₩101.13 Billion ≈ $68.54 Million |
+29.53% |
| 2020-12-31 | ₩78.08 Billion ≈ $52.91 Million |
+11.95% |
| 2019-12-31 | ₩69.75 Billion ≈ $47.27 Million |
-0.96% |
| 2018-12-31 | ₩70.43 Billion ≈ $47.73 Million |
-12.62% |
| 2017-12-31 | ₩80.59 Billion ≈ $54.62 Million |
+4.70% |
| 2016-12-31 | ₩76.98 Billion ≈ $52.17 Million |
-1.36% |
| 2015-12-31 | ₩78.04 Billion ≈ $52.89 Million |
-72.40% |
| 2014-12-31 | ₩282.79 Billion ≈ $191.64 Million |
-10.85% |
| 2013-12-31 | ₩317.20 Billion ≈ $214.96 Million |
+200.56% |
| 2012-12-31 | ₩105.54 Billion ≈ $71.52 Million |
+26.03% |
| 2011-12-31 | ₩83.74 Billion ≈ $56.75 Million |
-67.68% |
| 2010-12-31 | ₩259.07 Billion ≈ $175.57 Million |
+20.93% |
| 2009-12-31 | ₩214.23 Billion ≈ $145.18 Million |
+42.23% |
| 2008-12-31 | ₩150.62 Billion ≈ $102.07 Million |
+26.24% |
| 2007-12-31 | ₩119.31 Billion ≈ $80.86 Million |
+18.72% |
| 2006-12-31 | ₩100.50 Billion ≈ $68.11 Million |
+14.09% |
| 2005-12-31 | ₩88.09 Billion ≈ $59.70 Million |
+118.99% |
| 2004-12-31 | ₩40.23 Billion ≈ $27.26 Million |
+21.83% |
| 2003-12-31 | ₩33.02 Billion ≈ $22.38 Million |
+25.49% |
| 2002-12-31 | ₩26.31 Billion ≈ $17.83 Million |
+1.13% |
| 2001-12-31 | ₩26.02 Billion ≈ $17.63 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wooree Lighting Co.Ltd'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 1784666299000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩17.85 Billion | 12.85% |
| Common Stock | ₩13.11 Billion | 9.44% |
| Other Components | ₩107.96 Billion | 77.71% |
| Total Equity | ₩138.92 Billion | 100.00% |
Wooree Lighting Co.Ltd Competitors by Market Cap
The table below lists competitors of Wooree Lighting Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orgabio Holdings Bhd
KLSE:0252
|
$17.42 Million |
|
LiqTech International Inc
NASDAQ:LIQT
|
$17.42 Million |
|
Eksons Corp Bhd
KLSE:9016
|
$17.43 Million |
|
GENOMTEC S.A. ZY -10
F:4VI
|
$17.43 Million |
|
Capital Point
TA:CPTP
|
$17.40 Million |
|
Batavia Prosperindo Trans Tbk PT
JK:BPTR
|
$17.39 Million |
|
Viva Gold Corp
V:VAU
|
$17.39 Million |
|
Cosmos Technology International Berhad
KLSE:0261
|
$17.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wooree Lighting Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 134,257,509,310 to 138,918,557,230, a change of 4,661,047,920 (3.5%).
- Net income of 2,050,966,830 contributed positively to equity growth.
- Share repurchases of 18,436,000 reduced equity.
- New share issuances of 18,436,000 increased equity.
- Other factors increased equity by 2,610,081,090.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.05 Billion | +1.48% |
| Share Repurchases | ₩18.44 Million | -0.01% |
| Share Issuances | ₩18.44 Million | +0.01% |
| Other Changes | ₩2.61 Billion | +1.88% |
| Total Change | ₩- | 3.47% |
Book Value vs Market Value Analysis
This analysis compares Wooree Lighting Co.Ltd'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: 0.17x
- 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 0.32x to 0.17x 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 | ₩3354.02 | ₩1060.00 | x |
| 2017-12-31 | ₩3511.61 | ₩1060.00 | x |
| 2018-12-31 | ₩3068.57 | ₩1060.00 | x |
| 2019-12-31 | ₩3039.06 | ₩1060.00 | x |
| 2020-12-31 | ₩3402.09 | ₩1060.00 | x |
| 2021-12-31 | ₩4170.37 | ₩1060.00 | x |
| 2022-12-31 | ₩5363.28 | ₩1060.00 | x |
| 2023-12-31 | ₩5536.20 | ₩1060.00 | x |
| 2024-12-31 | ₩6126.63 | ₩1060.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wooree Lighting Co.Ltd 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): 1.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.16%
- • Asset Turnover: 1.79x
- • Equity Multiplier: 5.07x
- Recent ROE (1.48%) is below the historical average (1.87%), 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 | 4.20% | 2.78% | 0.60x | 2.54x | ₩-1.50 Billion |
| 2002 | 2.07% | 1.29% | 0.56x | 2.87x | ₩-2.03 Billion |
| 2004 | 11.33% | 5.90% | 0.66x | 2.89x | ₩403.03 Million |
| 2005 | 13.50% | 5.68% | 0.55x | 4.32x | ₩1.50 Billion |
| 2006 | 11.81% | 3.41% | 0.64x | 5.44x | ₩862.25 Million |
| 2007 | 7.55% | 2.06% | 0.63x | 5.81x | ₩-1.25 Billion |
| 2008 | 11.53% | 1.54% | 1.22x | 6.13x | ₩1.09 Billion |
| 2009 | 13.08% | 1.02% | 1.63x | 7.84x | ₩2.35 Billion |
| 2010 | 3.76% | 0.21% | 1.88x | 9.69x | ₩-4.96 Billion |
| 2011 | 6.34% | 15.62% | 0.30x | 1.35x | ₩-3.05 Billion |
| 2012 | 0.24% | 0.86% | 0.21x | 1.29x | ₩-10.25 Billion |
| 2014 | -14.71% | -0.96% | 1.54x | 9.94x | ₩-21.48 Billion |
| 2015 | -19.97% | -0.87% | 1.87x | 12.28x | ₩-23.39 Billion |
| 2016 | -23.13% | -1.14% | 1.76x | 11.55x | ₩-25.50 Billion |
| 2017 | -6.73% | -0.36% | 2.19x | 8.47x | ₩-13.48 Billion |
| 2018 | -20.36% | -1.10% | 1.92x | 9.61x | ₩-21.38 Billion |
| 2019 | 1.70% | 0.07% | 2.52x | 9.68x | ₩-5.79 Billion |
| 2020 | 7.34% | 0.35% | 2.31x | 9.12x | ₩-2.08 Billion |
| 2021 | 20.84% | 1.34% | 2.14x | 7.24x | ₩10.96 Billion |
| 2022 | 5.46% | 0.51% | 2.11x | 5.02x | ₩-5.91 Billion |
| 2023 | 3.71% | 0.39% | 1.89x | 5.07x | ₩-8.44 Billion |
| 2024 | 1.48% | 0.16% | 1.79x | 5.07x | ₩-11.84 Billion |
Industry Comparison
This section compares Wooree Lighting Co.Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $351,507,641,953
- Average return on equity (ROE) among peers: 11.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wooree Lighting Co.Ltd (037400) | ₩330.17 Billion | 4.20% | 1.66x | $17.42 Million |
| Shinil Electronics Co (002700) | $82.61 Billion | 9.66% | 0.48x | $69.15 Million |
| Ace Bed Company Limited (003800) | $370.77 Billion | 8.17% | 0.09x | $245.03 Million |
| Hankook Furniture Co. Ltd (004590) | $165.17 Billion | 7.14% | 0.28x | $57.74 Million |
| Hanssem (009240) | $125.47 Billion | 3.99% | 1.01x | $508.49 Million |
| Enex Co.Ltd (011090) | $45.34 Billion | 9.78% | 1.64x | $17.20 Million |
| Zinus Inc (013890) | $131.54 Billion | 34.33% | 1.59x | $191.83 Million |
| Fursys (016800) | $102.46 Billion | 19.27% | 0.24x | $217.72 Million |
| COWAY Co. Ltd (021240) | $2.31 Trillion | 19.82% | 0.89x | $4.19 Billion |
| PN Poong Nyun Co. Ltd (024940) | $46.25 Billion | 3.69% | 0.18x | $21.05 Million |
| Hansol Homedec (025750) | $133.51 Billion | 0.11% | 1.19x | $149.87 Million |
About Wooree Lighting Co.Ltd
Wooree Lighting Co.,Ltd manufactures and sells light bulbs in South Korea, China, and the Americas. It operates through Lighting Business, FPCB, LED Sector, Bio Sector, Smart Farm, Nanofiber, and Rental Business segments. Wooree Lighting Co.,Ltd was founded in 1966 and is headquartered in Ansan-Si, South Korea.