WIZ CORP Inc (038620) - Net Assets
Based on the latest financial reports, WIZ CORP Inc (038620) has net assets worth ₩97.07 Billion KRW (≈ $65.78 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 (₩115.76 Billion ≈ $78.45 Million USD) and total liabilities (₩18.70 Billion ≈ $12.67 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 WIZ CORP Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩97.07 Billion |
| % of Total Assets | 83.85% |
| Annual Growth Rate | 6.78% |
| 5-Year Change | 92.32% |
| 10-Year Change | 143.35% |
| Growth Volatility | 18.48 |
WIZ CORP Inc - Net Assets Trend (2008–2024)
This chart illustrates how WIZ CORP Inc's net assets have evolved over time, based on quarterly financial data. Also explore WIZ CORP Inc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for WIZ CORP Inc (2008–2024)
The table below shows the annual net assets of WIZ CORP Inc from 2008 to 2024. For live valuation and market cap data, see 038620 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩83.69 Billion ≈ $56.71 Million |
-3.60% |
| 2023-12-31 | ₩86.82 Billion ≈ $58.83 Million |
+10.78% |
| 2022-12-31 | ₩78.36 Billion ≈ $53.11 Million |
+3.70% |
| 2021-12-31 | ₩75.57 Billion ≈ $51.21 Million |
+73.67% |
| 2020-12-31 | ₩43.51 Billion ≈ $29.49 Million |
+8.89% |
| 2019-12-31 | ₩39.96 Billion ≈ $27.08 Million |
-1.21% |
| 2018-12-31 | ₩40.45 Billion ≈ $27.41 Million |
-0.69% |
| 2017-12-31 | ₩40.73 Billion ≈ $27.60 Million |
+7.99% |
| 2016-12-31 | ₩37.72 Billion ≈ $25.56 Million |
+9.67% |
| 2015-12-31 | ₩34.39 Billion ≈ $23.31 Million |
+8.57% |
| 2014-12-31 | ₩31.68 Billion ≈ $21.47 Million |
-0.08% |
| 2013-12-31 | ₩31.70 Billion ≈ $21.48 Million |
+2.13% |
| 2012-12-31 | ₩31.04 Billion ≈ $21.04 Million |
+1.41% |
| 2011-12-31 | ₩30.61 Billion ≈ $20.74 Million |
+4.45% |
| 2008-12-31 | ₩29.31 Billion ≈ $19.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to WIZ CORP 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 grown by 386259790000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩3.86 Billion | 4.62% |
| Common Stock | ₩35.58 Billion | 42.51% |
| Other Components | ₩44.25 Billion | 52.87% |
| Total Equity | ₩83.69 Billion | 100.00% |
WIZ CORP Inc Competitors by Market Cap
The table below lists competitors of WIZ CORP Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spinnova Oy
HE:SPINN
|
$24.55 Million |
|
System and Application Technologies Co. Ltd
KQ:060540
|
$24.56 Million |
|
Panca Global Securities Tbk
JK:PEGE
|
$24.57 Million |
|
Kolon Corp
KO:002025
|
$24.58 Million |
|
EcoBio Holdings Co. Ltd
KQ:038870
|
$24.55 Million |
|
Phatra Leasing Public Company Limited
BK:PL
|
$24.54 Million |
|
Dragonfly Energy Holdings Corp.
NASDAQ:DFLI
|
$24.54 Million |
|
Silver Bear Resources Inc
TO:SBR
|
$24.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WIZ CORP Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 80,250,035,320 to 83,688,478,800, a change of 3,438,443,480 (4.3%).
- Net income of 345,109,750 contributed positively to equity growth.
- Share repurchases of 2,871,517,250 reduced equity.
- Other factors increased equity by 5,964,850,980.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩345.11 Million | +0.41% |
| Share Repurchases | ₩2.87 Billion | -3.43% |
| Other Changes | ₩5.96 Billion | +7.13% |
| Total Change | ₩- | 4.28% |
Book Value vs Market Value Analysis
This analysis compares WIZ CORP 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: 0.41x
- 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 0.73x to 0.41x 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 | ₩692.46 | ₩503.00 | x |
| 2017-12-31 | ₩735.75 | ₩503.00 | x |
| 2018-12-31 | ₩695.93 | ₩503.00 | x |
| 2019-12-31 | ₩687.58 | ₩503.00 | x |
| 2020-12-31 | ₩748.68 | ₩503.00 | x |
| 2021-12-31 | ₩1202.35 | ₩503.00 | x |
| 2022-12-31 | ₩1247.00 | ₩503.00 | x |
| 2023-12-31 | ₩1277.00 | ₩503.00 | x |
| 2024-12-31 | ₩1240.74 | ₩503.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WIZ CORP 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): 0.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.33%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.33x
- Recent ROE (0.41%) is below the historical average (1.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.49% | 0.89% | 0.51x | 1.07x | ₩-2.79 Billion |
| 2012 | 1.18% | 3.53% | 0.32x | 1.04x | ₩-2.74 Billion |
| 2014 | -0.67% | -1.90% | 0.29x | 1.19x | ₩-3.38 Billion |
| 2015 | 2.54% | 6.29% | 0.38x | 1.05x | ₩-2.57 Billion |
| 2016 | 3.97% | 5.05% | 0.68x | 1.16x | ₩-2.28 Billion |
| 2017 | 3.61% | 4.05% | 0.79x | 1.13x | ₩-2.60 Billion |
| 2018 | 0.62% | 0.63% | 0.89x | 1.11x | ₩-3.79 Billion |
| 2019 | 0.14% | 0.15% | 0.88x | 1.04x | ₩-3.94 Billion |
| 2020 | 6.44% | 9.93% | 0.55x | 1.18x | ₩-1.55 Billion |
| 2021 | -7.56% | -17.20% | 0.38x | 1.14x | ₩-13.27 Billion |
| 2022 | 3.63% | 6.91% | 0.47x | 1.12x | ₩-4.99 Billion |
| 2023 | 1.78% | 2.55% | 0.48x | 1.46x | ₩-6.59 Billion |
| 2024 | 0.41% | 0.33% | 0.94x | 1.33x | ₩-8.02 Billion |
Industry Comparison
This section compares WIZ CORP Inc's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,110,635,318,709
- Average return on equity (ROE) among peers: -3.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WIZ CORP Inc (038620) | ₩97.07 Billion | 0.49% | 0.19x | $24.55 Million |
| CItech Co Ltd (004920) | $47.82 Billion | -13.20% | 0.66x | $41.29 Million |
| Ssangyong Information & Communications Corp (010280) | $39.36 Billion | 11.62% | 1.60x | $262.15 Million |
| DB INC (012030) | $110.25 Billion | -112.95% | 2.32x | $260.21 Million |
| Samsung SDS Co Ltd (018260) | $8.47 Trillion | 12.99% | 0.41x | $8.71 Billion |
| Daou Tech (023590) | $591.90 Billion | 13.31% | 1.85x | $1.36 Billion |
| Daou Data Corp (032190) | $435.38 Billion | 7.59% | 43.43x | $598.27 Million |
| Shinsegae I&C (035510) | $192.27 Billion | 15.22% | 0.59x | $187.97 Million |
| KL-Net Corp (039420) | $44.40 Billion | 13.39% | 0.19x | $42.44 Million |
| Leenos Corp (039980) | $67.37 Billion | 22.67% | 0.47x | $453.43 Million |
About WIZ CORP Inc
WIZ CORP, Inc. engages in consulting, software development and information systems business. The company also operates business centers that provide independent office space, conference rooms, seminar rooms, and common spaces, as well as highway rest areas and gas stations. In addition, it is involved in industrial materials business, that includes starch for papermaking, and industrial starch us… Read more