WebCash Corporation (053580) - Net Assets
Based on the latest financial reports, WebCash Corporation (053580) has net assets worth ₩111.22 Billion KRW (≈ $75.37 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩131.45 Billion ≈ $89.08 Million USD) and total liabilities (₩20.23 Billion ≈ $13.71 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 053580 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩111.22 Billion |
| % of Total Assets | 84.61% |
| Annual Growth Rate | 23.66% |
| 5-Year Change | 12.08% |
| 10-Year Change | 762.21% |
| Growth Volatility | 41.38 |
WebCash Corporation - Net Assets Trend (2015–2025)
This chart illustrates how WebCash Corporation's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 053580 company net worth.
Annual Net Assets for WebCash Corporation (2015–2025)
The table below shows the annual net assets of WebCash Corporation from 2015 to 2025. Also explore 053580 net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩111.22 Billion ≈ $75.37 Million |
+8.69% |
| 2024-12-31 | ₩102.33 Billion ≈ $69.35 Million |
-0.96% |
| 2023-12-31 | ₩103.32 Billion ≈ $70.02 Million |
+0.28% |
| 2022-12-31 | ₩103.03 Billion ≈ $69.82 Million |
+3.83% |
| 2021-12-31 | ₩99.23 Billion ≈ $67.25 Million |
+47.84% |
| 2020-12-31 | ₩67.12 Billion ≈ $45.49 Million |
+23.78% |
| 2019-12-31 | ₩54.22 Billion ≈ $36.75 Million |
+142.63% |
| 2018-12-31 | ₩22.35 Billion ≈ $15.15 Million |
+35.14% |
| 2017-12-31 | ₩16.54 Billion ≈ $11.21 Million |
+28.20% |
| 2016-12-31 | ₩12.90 Billion ≈ $8.74 Million |
-3.02% |
| 2015-12-31 | ₩13.30 Billion ≈ $9.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to WebCash 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 912.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩88.30 Billion | 79.39% |
| Other Components | ₩22.92 Billion | 20.61% |
| Total Equity | ₩111.22 Billion | 100.00% |
WebCash Corporation Competitors by Market Cap
The table below lists competitors of WebCash Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Diagnostic Medical Systems SA
PA:ALDMS
|
$31.82 Million |
|
Juic International
TWO:6114
|
$31.82 Million |
|
Alpha Trust Andromeda Investment Trust S.A
AT:ANDRO
|
$31.83 Million |
|
Matsa Resources Ltd
AU:MAT
|
$31.84 Million |
|
MIRA Pharmaceuticals, Inc. Common Stock
NASDAQ:MIRA
|
$31.80 Million |
|
Doctor Care Anywhere Group Plc
AU:DOC
|
$31.78 Million |
|
Scandium International Mining Corp
F:0E6
|
$31.75 Million |
|
Yong Shun Chemical Co Ltd
TWO:4711
|
$31.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WebCash Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 102,656,419,530 to 111,220,602,940, a change of 8,564,183,410 (8.3%).
- Net income of 12,460,935,280 contributed positively to equity growth.
- Dividend payments of 1,277,048,960 reduced retained earnings.
- Share repurchases of 2,999,995,890 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩12.46 Billion | +11.2% |
| Dividends Paid | ₩1.28 Billion | -1.15% |
| Share Repurchases | ₩3.00 Billion | -2.7% |
| Other Changes | ₩380.29 Million | +0.34% |
| Total Change | ₩- | 8.34% |
Book Value vs Market Value Analysis
This analysis compares WebCash 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: 0.79x
- 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 5.88x to 0.79x 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 | ₩1181.03 | ₩6940.00 | x |
| 2017-12-31 | ₩1514.09 | ₩6940.00 | x |
| 2018-12-31 | ₩2009.35 | ₩6940.00 | x |
| 2019-12-31 | ₩4088.61 | ₩6940.00 | x |
| 2020-12-31 | ₩5105.02 | ₩6940.00 | x |
| 2021-12-31 | ₩7329.48 | ₩6940.00 | x |
| 2022-12-31 | ₩7610.06 | ₩6940.00 | x |
| 2023-12-31 | ₩7720.06 | ₩6940.00 | x |
| 2024-12-31 | ₩8028.09 | ₩6940.00 | x |
| 2025-12-31 | ₩8832.10 | ₩6940.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WebCash 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): 11.20%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.76%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.18x
- Recent ROE (11.20%) is below the historical average (14.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 18.89% | 2.83% | 2.26x | 2.95x | ₩1.18 Billion |
| 2016 | -0.93% | -0.13% | 2.27x | 3.13x | ₩-1.41 Billion |
| 2017 | 21.40% | 4.57% | 2.17x | 2.16x | ₩1.89 Billion |
| 2018 | 24.61% | 7.18% | 2.06x | 1.66x | ₩3.27 Billion |
| 2019 | 17.11% | 15.16% | 0.97x | 1.17x | ₩3.86 Billion |
| 2020 | 25.90% | 23.87% | 0.73x | 1.48x | ₩10.67 Billion |
| 2021 | 14.98% | 18.15% | 0.60x | 1.37x | ₩4.94 Billion |
| 2022 | 11.20% | 13.13% | 0.68x | 1.25x | ₩1.23 Billion |
| 2023 | 5.43% | 7.62% | 0.60x | 1.18x | ₩-4.72 Billion |
| 2024 | 6.97% | 9.65% | 0.59x | 1.23x | ₩-3.11 Billion |
| 2025 | 11.20% | 16.76% | 0.57x | 1.18x | ₩1.34 Billion |
Industry Comparison
This section compares WebCash Corporation's net assets metrics with peer companies in the Financial Technology (Fintech) & Infrastructure industry.
No peer company data available for comparison.
About WebCash Corporation
WebCash Corporation provides B2B fintech platform solutions for business. It also engages in the corporate CMS and other business. The company was founded in 1999 and is based in Seoul, South Korea.