Welcron Company Limited (065950) - Net Assets
Based on the latest financial reports, Welcron Company Limited (065950) has net assets worth ₩96.49 Billion KRW (≈ $65.39 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 (₩343.42 Billion ≈ $232.73 Million USD) and total liabilities (₩246.93 Billion ≈ $167.34 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 Welcron Company Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩96.49 Billion |
| % of Total Assets | 28.1% |
| Annual Growth Rate | 7.21% |
| 5-Year Change | -17.83% |
| 10-Year Change | 16.56% |
| Growth Volatility | 41.0 |
Welcron Company Limited - Net Assets Trend (2007–2024)
This chart illustrates how Welcron Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore 065950 asset base for the complete picture of this company's asset base.
Annual Net Assets for Welcron Company Limited (2007–2024)
The table below shows the annual net assets of Welcron Company Limited from 2007 to 2024. For live valuation and market cap data, see 065950 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩60.29 Billion ≈ $40.86 Million |
-50.91% |
| 2023-12-31 | ₩122.80 Billion ≈ $83.22 Million |
+61.36% |
| 2022-12-31 | ₩76.11 Billion ≈ $51.58 Million |
-1.67% |
| 2021-12-31 | ₩77.40 Billion ≈ $52.45 Million |
+5.49% |
| 2020-12-31 | ₩73.37 Billion ≈ $49.72 Million |
+20.11% |
| 2019-12-31 | ₩61.08 Billion ≈ $41.40 Million |
+3.38% |
| 2018-12-31 | ₩59.08 Billion ≈ $40.04 Million |
+21.23% |
| 2017-12-31 | ₩48.74 Billion ≈ $33.03 Million |
-1.95% |
| 2016-12-31 | ₩49.71 Billion ≈ $33.68 Million |
-3.90% |
| 2015-12-31 | ₩51.72 Billion ≈ $35.05 Million |
-60.97% |
| 2014-12-31 | ₩132.52 Billion ≈ $89.80 Million |
-3.74% |
| 2013-12-31 | ₩137.67 Billion ≈ $93.29 Million |
+10.15% |
| 2012-12-31 | ₩124.98 Billion ≈ $84.70 Million |
+21.94% |
| 2011-12-31 | ₩102.49 Billion ≈ $69.46 Million |
+19.37% |
| 2010-12-31 | ₩85.86 Billion ≈ $58.19 Million |
+128.22% |
| 2009-12-31 | ₩37.62 Billion ≈ $25.50 Million |
+32.23% |
| 2008-12-31 | ₩28.45 Billion ≈ $19.28 Million |
+54.19% |
| 2007-12-31 | ₩18.45 Billion ≈ $12.50 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Welcron Company Limited'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 1218.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩3.26 Billion | 5.41% |
| Common Stock | ₩14.12 Billion | 23.41% |
| Other Components | ₩42.91 Billion | 71.18% |
| Total Equity | ₩60.29 Billion | 100.00% |
Welcron Company Limited Competitors by Market Cap
The table below lists competitors of Welcron Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LMS Co. Ltd
KQ:073110
|
$29.38 Million |
|
Churchill Resources Inc
V:CRI
|
$29.38 Million |
|
International Public Partnership
LSE:INPP
|
$29.38 Million |
|
Shaftesbury Capital PLC
LSE:SHC
|
$29.39 Million |
|
SOTKAMO SILVER AB NAM.
F:VSO
|
$29.37 Million |
|
Karolinska Development AB ser. B
ST:KDEV
|
$29.36 Million |
|
Tartisan Nickel Corp
F:8TA
|
$29.36 Million |
|
Naga Dhunseri Group Limited
NSE:NDGL
|
$29.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Welcron Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 70,055,228,390 to 60,287,564,990, a change of -9,767,663,400 (-13.9%).
- Net loss of 4,705,634,440 reduced equity.
- Other factors decreased equity by 5,062,028,960.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-4.71 Billion | -7.81% |
| Other Changes | ₩-5.06 Billion | -8.4% |
| Total Change | ₩- | -13.94% |
Book Value vs Market Value Analysis
This analysis compares Welcron Company Limited'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: 0.72x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩1949.97 | ₩1591.00 | x |
| 2017-12-31 | ₩1912.01 | ₩1591.00 | x |
| 2018-12-31 | ₩2296.91 | ₩1591.00 | x |
| 2019-12-31 | ₩2182.33 | ₩1591.00 | x |
| 2020-12-31 | ₩2598.85 | ₩1591.00 | x |
| 2021-12-31 | ₩2822.61 | ₩1591.00 | x |
| 2022-12-31 | ₩2793.23 | ₩1591.00 | x |
| 2023-12-31 | ₩2571.16 | ₩1591.00 | x |
| 2024-12-31 | ₩2212.67 | ₩1591.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Welcron Company Limited 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): -7.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.43%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 6.34x
- Recent ROE (-7.81%) is below the historical average (1.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 19.12% | 7.25% | 1.09x | 2.41x | ₩3.27 Billion |
| 2012 | 0.36% | 0.07% | 0.99x | 5.02x | ₩-5.14 Billion |
| 2014 | -6.59% | -1.46% | 0.91x | 4.94x | ₩-8.10 Billion |
| 2015 | 0.67% | 0.15% | 0.89x | 5.10x | ₩-4.82 Billion |
| 2016 | -1.39% | -0.28% | 0.86x | 5.87x | ₩-5.66 Billion |
| 2017 | -3.61% | -0.46% | 1.18x | 6.60x | ₩-6.63 Billion |
| 2018 | 9.22% | 1.38% | 1.14x | 5.85x | ₩-461.82 Million |
| 2019 | -8.93% | -1.39% | 1.43x | 4.48x | ₩-11.57 Billion |
| 2020 | 15.15% | 3.37% | 1.25x | 3.61x | ₩3.78 Billion |
| 2021 | 10.39% | 2.07% | 1.52x | 3.30x | ₩301.11 Million |
| 2022 | 0.85% | 0.14% | 1.31x | 4.46x | ₩-6.97 Billion |
| 2023 | -6.58% | -1.08% | 1.51x | 4.02x | ₩-11.61 Billion |
| 2024 | -7.81% | -1.43% | 0.86x | 6.34x | ₩-10.73 Billion |
Industry Comparison
This section compares Welcron Company Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $250,759,419,609
- Average return on equity (ROE) among peers: 2.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Welcron Company Limited (065950) | ₩96.49 Billion | 19.12% | 2.56x | $29.38 Million |
| Kyungbangco.Ltd (000050) | $374.68 Billion | 0.28% | 0.73x | $170.54 Million |
| Chonbang (000950) | $198.68 Billion | 4.49% | 0.17x | $26.37 Million |
| Silla Textile Co.Ltd (001000) | $14.46 Billion | 1.57% | 1.22x | $27.59 Million |
| Taihan Textile (001070) | $132.34 Billion | 0.84% | 0.40x | $17.14 Million |
| DI Dong Il Corp (001530) | $277.33 Billion | 1.72% | 0.94x | $401.73 Million |
| Ilshin Spinnin (003200) | $723.20 Billion | 0.98% | 0.32x | $192.22 Million |
| Pang Rim Spinn (003610) | $169.46 Billion | 0.00% | 0.64x | $124.68 Million |
| Daehan Synthet (003830) | $498.47 Billion | 8.88% | 0.17x | $91.09 Million |
| Duksung (004830) | $56.01 Billion | 4.13% | 0.61x | $46.27 Million |
| Duksung Co Ltd (004835) | $62.99 Billion | 0.29% | 0.63x | $6.47 Million |
About Welcron Company Limited
Welcron Company Limited produces and sales microfiber products worldwide. The company offers microfiber cleaning products, such as hair turbans and towels, daily necessities, and semiconductor wipers; bedding materials; and bulletproof plates and vests for defense industry. It also provides microfiber cleaners for home care, industrial use, automobile, optical, bath supplies, sports, and pet prod… Read more