WISE iTech Co. Ltd

KQ:065370 Korea Information Technology Services
Market Cap
$24.20 Million
₩35.43 Billion KRW
Market Cap Rank
#26702 Global
#1732 in Korea
Share Price
₩5130.00
Change (1 day)
-0.77%
52-Week Range
₩4365.00 - ₩14300.00
All Time High
₩24531.84
About

WISE iTech Co., Ltd. engages in the provision of artificial intelligence (AI), big data analysis, and data quality solutions primarily in South Korea. It offers WiseProphet, an automated machine learning platform; WiseIntelligence, a tool for analyzing and visualizing big data in multiple dimensions using AI technology; and WiseDQ, an automated data quality management tool. The company also provi… Read more

WISE iTech Co. Ltd (065370) - Net Assets

Latest net assets as of September 2025: ₩30.63 Billion KRW

Based on the latest financial reports, WISE iTech Co. Ltd (065370) has net assets worth ₩30.63 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 (₩61.35 Billion) and total liabilities (₩30.71 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 ₩30.63 Billion
% of Total Assets 49.94%
Annual Growth Rate 24.04%
5-Year Change 24.51%
10-Year Change N/A
Growth Volatility 43.63

WISE iTech Co. Ltd - Net Assets Trend (2018–2024)

This chart illustrates how WISE iTech Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for WISE iTech Co. Ltd (2018–2024)

The table below shows the annual net assets of WISE iTech Co. Ltd from 2018 to 2024.

Year Net Assets Change
2024-12-31 ₩30.87 Billion -5.39%
2023-12-31 ₩32.63 Billion +16.59%
2022-12-31 ₩27.99 Billion +8.76%
2021-12-31 ₩25.73 Billion +3.78%
2020-12-31 ₩24.80 Billion +124.07%
2019-12-31 ₩11.07 Billion +30.58%
2018-12-31 ₩8.47 Billion --

Equity Component Analysis

This analysis shows how different components contribute to WISE iTech 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 108.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩13.90 Billion 45.01%
Common Stock ₩3.69 Billion 11.96%
Other Components ₩13.28 Billion 43.03%
Total Equity ₩30.87 Billion 100.00%

WISE iTech Co. Ltd Competitors by Market Cap

The table below lists competitors of WISE iTech Co. Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in WISE iTech Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 32,630,927,580 to 30,873,079,290, a change of -1,757,848,290 (-5.4%).
  • Net loss of 409,036,750 reduced equity.
  • Dividend payments of 1,041,764,100 reduced retained earnings.
  • Share repurchases of 56,672,670 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩-409.04 Million -1.32%
Dividends Paid ₩1.04 Billion -3.37%
Share Repurchases ₩56.67 Million -0.18%
Other Changes ₩-250.37 Million -0.81%
Total Change ₩- -5.39%

Book Value vs Market Value Analysis

This analysis compares WISE iTech 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: 1.15x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 3.09x to 1.15x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2018-12-31 ₩1661.67 ₩5130.00 x
2019-12-31 ₩2169.81 ₩5130.00 x
2020-12-31 ₩3894.53 ₩5130.00 x
2021-12-31 ₩4170.85 ₩5130.00 x
2022-12-31 ₩4548.65 ₩5130.00 x
2023-12-31 ₩4698.42 ₩5130.00 x
2024-12-31 ₩4445.31 ₩5130.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently WISE iTech 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): -1.32%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.17%
  • • Asset Turnover: 0.49x
  • • Equity Multiplier: 2.33x
  • Recent ROE (-1.32%) is below the historical average (10.51%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2018 17.76% 9.09% 1.12x 1.75x ₩657.56 Million
2019 24.09% 13.52% 1.10x 1.62x ₩1.56 Billion
2020 13.61% 13.57% 0.60x 1.68x ₩895.18 Million
2021 15.71% 11.87% 0.72x 1.84x ₩1.47 Billion
2022 13.83% 10.21% 0.77x 1.75x ₩1.07 Billion
2023 -10.09% -11.92% 0.55x 1.55x ₩-6.56 Billion
2024 -1.32% -1.17% 0.49x 2.33x ₩-3.50 Billion

Industry Comparison

This section compares WISE iTech Co. Ltd's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

  • Industry: Information Technology Services
  • Average net assets among peers: $1,189,783,268,581
  • Average return on equity (ROE) among peers: 0.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
WISE iTech Co. Ltd (065370) ₩30.63 Billion 17.76% 1.00x $15.26 Million
CItech Co Ltd (004920) $34.39 Billion -4.36% 0.16x $16.60 Million
Ssangyong Information & Communications Corp (010280) $44.71 Billion -4.06% 2.04x $29.02 Million
DB INC (012030) $246.28 Billion -25.91% 1.59x $113.49 Million
Samsung SDS Co Ltd (018260) $7.44 Trillion 8.21% 0.41x $4.40 Billion
Daou Tech (023590) $2.44 Trillion 4.52% 6.75x $720.57 Million
Daou Data Corp (032190) $1.36 Trillion 12.12% 41.61x $227.30 Million
Shinsegae I&C (035510) $199.24 Billion 5.35% 0.45x $108.26 Million
WIZ CORP Inc (038620) $31.04 Billion 1.18% 0.04x $25.91 Million
KL-Net Corp (039420) $30.56 Billion 8.05% 0.25x $27.14 Million
Leenos Corp (039980) $71.80 Billion 1.39% 0.28x $63.07 Million