Wiable Corp (065530) - Net Assets
Based on the latest financial reports, Wiable Corp (065530) has net assets worth ₩74.89 Billion KRW (≈ $50.75 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 (₩125.17 Billion ≈ $84.83 Million USD) and total liabilities (₩50.28 Billion ≈ $34.07 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 Wiable Corp liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩74.89 Billion |
| % of Total Assets | 59.83% |
| Annual Growth Rate | 0.41% |
| 5-Year Change | 6.96% |
| 10-Year Change | -3.16% |
| Growth Volatility | 4.37 |
Wiable Corp - Net Assets Trend (2014–2024)
This chart illustrates how Wiable Corp's net assets have evolved over time, based on quarterly financial data. Also explore 065530 asset base for the complete picture of this company's asset base.
Annual Net Assets for Wiable Corp (2014–2024)
The table below shows the annual net assets of Wiable Corp from 2014 to 2024. For live valuation and market cap data, see 065530 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩75.89 Billion ≈ $51.43 Million |
+0.80% |
| 2023-12-31 | ₩75.29 Billion ≈ $51.02 Million |
-0.43% |
| 2022-12-31 | ₩75.61 Billion ≈ $51.24 Million |
+0.12% |
| 2021-12-31 | ₩75.52 Billion ≈ $51.18 Million |
+6.45% |
| 2020-12-31 | ₩70.95 Billion ≈ $48.08 Million |
+1.49% |
| 2019-12-31 | ₩69.90 Billion ≈ $47.37 Million |
+0.08% |
| 2018-12-31 | ₩69.84 Billion ≈ $47.33 Million |
-8.40% |
| 2017-12-31 | ₩76.25 Billion ≈ $51.67 Million |
-4.25% |
| 2016-12-31 | ₩79.63 Billion ≈ $53.96 Million |
+1.62% |
| 2015-12-31 | ₩78.36 Billion ≈ $53.11 Million |
+7.59% |
| 2014-12-31 | ₩72.83 Billion ≈ $49.36 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Wiable Corp'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 26.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩54.11 Billion | 71.30% |
| Common Stock | ₩26.43 Billion | 34.83% |
| Total Equity | ₩75.89 Billion | 100.00% |
Wiable Corp Competitors by Market Cap
The table below lists competitors of Wiable Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nestcon Bhd
KLSE:0235
|
$67.48 Million |
|
Take Solutions Limited
NSE:TAKE
|
$67.51 Million |
|
Grodno S.A.
WAR:GRN
|
$67.52 Million |
|
Zakłady Lentex SA
WAR:LTX
|
$67.53 Million |
|
Fuzetec Technology Co Ltd
TWO:6642
|
$67.40 Million |
|
TECO Image Systems Co Ltd
TWO:5438
|
$67.36 Million |
|
Helio SA
WAR:HEL
|
$67.36 Million |
|
Asefa Public Company Limited
BK:ASEFA
|
$67.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wiable Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 75,288,833,130 to 75,888,338,840, a change of 599,505,710 (0.8%).
- Net income of 2,991,443,650 contributed positively to equity growth.
- Dividend payments of 2,391,937,950 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.99 Billion | +3.94% |
| Dividends Paid | ₩2.39 Billion | -3.15% |
| Other Changes | ₩10.00 | +0.0% |
| Total Change | ₩- | 0.80% |
Book Value vs Market Value Analysis
This analysis compares Wiable Corp'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: 1.31x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩1561.85 | ₩2080.00 | x |
| 2017-12-31 | ₩1595.64 | ₩2080.00 | x |
| 2018-12-31 | ₩1517.34 | ₩2080.00 | x |
| 2019-12-31 | ₩1518.62 | ₩2080.00 | x |
| 2020-12-31 | ₩1541.31 | ₩2080.00 | x |
| 2021-12-31 | ₩1579.39 | ₩2080.00 | x |
| 2022-12-31 | ₩1580.61 | ₩2080.00 | x |
| 2023-12-31 | ₩1573.80 | ₩2080.00 | x |
| 2024-12-31 | ₩1586.34 | ₩2080.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wiable Corp 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): 3.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.77%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.83x
- Recent ROE (3.94%) is below the historical average (6.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 19.99% | 8.78% | 0.72x | 3.15x | ₩7.28 Billion |
| 2015 | 10.42% | 6.81% | 0.60x | 2.56x | ₩326.38 Million |
| 2016 | 8.61% | 7.30% | 0.61x | 1.93x | ₩-1.11 Billion |
| 2017 | 5.40% | 4.96% | 0.61x | 1.78x | ₩-3.50 Billion |
| 2018 | 1.44% | 1.52% | 0.50x | 1.87x | ₩-5.98 Billion |
| 2019 | 2.96% | 2.40% | 0.58x | 2.14x | ₩-4.92 Billion |
| 2020 | 4.24% | 3.39% | 0.61x | 2.05x | ₩-4.08 Billion |
| 2021 | 3.33% | 3.20% | 0.56x | 1.86x | ₩-5.04 Billion |
| 2022 | 3.22% | 3.79% | 0.51x | 1.66x | ₩-5.13 Billion |
| 2023 | 3.11% | 3.23% | 0.51x | 1.89x | ₩-5.19 Billion |
| 2024 | 3.94% | 3.77% | 0.57x | 1.83x | ₩-4.60 Billion |
Industry Comparison
This section compares Wiable Corp's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $3,704,368,749,766
- Average return on equity (ROE) among peers: 7.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wiable Corp (065530) | ₩74.89 Billion | 19.99% | 0.67x | $67.43 Million |
| Inscobee (006490) | $36.22 Billion | 7.05% | 0.91x | $38.95 Million |
| SK Telecom Co Ltd (017670) | $6.09 Trillion | 15.92% | 0.81x | $13.73 Billion |
| KT Corporation (030200) | $11.50 Trillion | 10.16% | 1.41x | $9.95 Billion |
| LG Uplus (032640) | $7.96 Trillion | 8.95% | 1.43x | $4.67 Billion |
| KTIS Corporation (058860) | $168.27 Billion | 5.47% | 0.85x | $59.66 Million |
| Uangel (072130) | $69.46 Billion | 0.00% | 0.17x | $43.81 Million |
| Telcoware (078000) | $107.84 Billion | 4.92% | 0.10x | $59.14 Million |
About Wiable Corp
Wiable Corp. operates in the telecommunications industry in South Korea. It constructs, sells, operates, and maintains public wireless base stations/relay networks in ground, subway, and various tunnel sections to be used by mobile communication service providers in areas where base stations are concentrated, as well as in radio-shaded areas. The company maintains and manages base stations on the… Read more