Wooriro Co. Ltd (046970) - Net Assets
Based on the latest financial reports, Wooriro Co. Ltd (046970) has net assets worth ₩40.67 Billion KRW (≈ $27.56 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩58.22 Billion ≈ $39.45 Million USD) and total liabilities (₩17.55 Billion ≈ $11.89 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 Wooriro Co. Ltd total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩40.67 Billion |
| % of Total Assets | 69.86% |
| Annual Growth Rate | 4.91% |
| 5-Year Change | 33.98% |
| 10-Year Change | N/A |
| Growth Volatility | 15.54 |
Wooriro Co. Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Wooriro Co. Ltd's net assets have evolved over time, based on quarterly financial data. Check 046970 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Wooriro Co. Ltd (2014–2025)
The table below shows the annual net assets of Wooriro Co. Ltd from 2014 to 2025. For live valuation and market cap data, see 046970 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩39.18 Billion ≈ $26.55 Million |
-1.55% |
| 2024-12-31 | ₩39.79 Billion ≈ $26.97 Million |
-11.73% |
| 2023-12-31 | ₩45.08 Billion ≈ $30.55 Million |
+19.72% |
| 2022-12-31 | ₩37.66 Billion ≈ $25.52 Million |
+28.79% |
| 2019-12-31 | ₩29.24 Billion ≈ $19.82 Million |
-14.47% |
| 2018-12-31 | ₩34.19 Billion ≈ $23.17 Million |
+4.92% |
| 2017-12-31 | ₩32.59 Billion ≈ $22.08 Million |
-2.85% |
| 2016-12-31 | ₩33.54 Billion ≈ $22.73 Million |
+11.54% |
| 2015-12-31 | ₩30.07 Billion ≈ $20.38 Million |
+30.03% |
| 2014-12-31 | ₩23.13 Billion ≈ $15.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wooriro 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 decreased by 3048247396000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩72.41 Billion | 184.83% |
| Total Equity | ₩39.18 Billion | 100.00% |
Wooriro Co. Ltd Competitors by Market Cap
The table below lists competitors of Wooriro Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fate Therapeutics Inc
NASDAQ:FATE
|
$131.50 Million |
|
VYTRUS BIOTECH EO -01
F:V5P
|
$131.54 Million |
|
Source Energy Services Ltd
TO:SHLE
|
$131.69 Million |
|
Forrester Research Inc
NASDAQ:FORR
|
$131.74 Million |
|
AeroSpace Technology of Korea
KQ:067390
|
$131.44 Million |
|
Lara Exploration Ltd.
V:LRA
|
$131.41 Million |
|
Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust
BK:TPRIME
|
$131.40 Million |
|
Ramayana Lestari Sentosa Tbk
JK:RALS
|
$131.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wooriro Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 39,794,790,430 to 39,177,298,680, a change of -617,491,750 (-1.6%).
- Net loss of 788,673,760 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-788.67 Million | -2.01% |
| Other Changes | ₩171.18 Million | +0.44% |
| Total Change | ₩- | -1.55% |
Book Value vs Market Value Analysis
This analysis compares Wooriro 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: 4.95x
- 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 increased from 3.75x to 4.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩1190.83 | ₩4470.00 | x |
| 2023-12-31 | ₩1038.81 | ₩4470.00 | x |
| 2024-12-31 | ₩916.95 | ₩4470.00 | x |
| 2025-12-31 | ₩902.72 | ₩4470.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wooriro 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): -2.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.86%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.44x
- Recent ROE (-2.01%) is above the historical average (-11.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -20.30% | -30.91% | 0.37x | 1.80x | ₩-7.01 Billion |
| 2015 | 6.69% | 3.68% | 0.79x | 2.29x | ₩-970.90 Million |
| 2016 | 0.60% | 0.46% | 0.64x | 2.00x | ₩-3.09 Billion |
| 2017 | -30.79% | -24.25% | 0.67x | 1.90x | ₩-13.19 Billion |
| 2018 | -3.43% | -2.11% | 0.70x | 2.34x | ₩-4.61 Billion |
| 2019 | -28.65% | -7.26% | 1.48x | 2.67x | ₩-11.30 Billion |
| 2022 | -9.17% | -3.49% | 1.62x | 1.62x | ₩-7.22 Billion |
| 2023 | -10.61% | -8.76% | 0.91x | 1.34x | ₩-9.29 Billion |
| 2024 | -12.84% | -10.79% | 0.79x | 1.51x | ₩-9.09 Billion |
| 2025 | -2.01% | -1.86% | 0.75x | 1.44x | ₩-4.71 Billion |
Industry Comparison
This section compares Wooriro Co. Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $124,080,562,319
- Average return on equity (ROE) among peers: 5.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wooriro Co. Ltd (046970) | ₩40.67 Billion | -20.30% | 0.43x | $131.47 Million |
| Gaon Cable (000500) | $260.41 Billion | 0.04% | 1.02x | $2.77 Billion |
| Huneed Tech (005870) | $78.72 Billion | 1.48% | 1.08x | $39.43 Million |
| Taihan Fiber Optics Co. Ltd (010170) | $105.53 Billion | -2.92% | 1.39x | $1.02 Billion |
| Humax Holdings Co. Ltd (028080) | $247.31 Billion | -9.94% | 2.41x | $8.39 Million |
| Comtec Sys (031820) | $206.97 Billion | 1.91% | 1.54x | $401.56 Million |
| KMW Inc. (032500) | $63.36 Billion | 41.62% | 1.51x | $433.51 Million |
| Insung Information Co. Ltd (033230) | $50.29 Billion | 14.07% | 1.94x | $34.09 Million |
| Bluecom Co. Ltd (033560) | $159.95 Billion | 0.04% | 0.13x | $39.33 Million |
| Skymoons Technology Inc. (033790) | $21.54 Billion | -9.02% | 0.11x | $267.41 Million |
| Kisan Telecom Co. Ltd (035460) | $46.73 Billion | 15.01% | 1.42x | $20.30 Million |
About Wooriro Co. Ltd
Wooriro Co., Ltd, together with its subsidiary, manufactures and sells optical communication products in South Korea, the United States, Europe, China, and internationally. The company offers planar lightwave circuit products, including splitter chips, wafers, and modules, as well as DWDM and CWDM/LAN-WDM chips. It also provides photodiodes (PDs), such as PIN TIA ROSA, PIN photodiode chips, APD R… Read more