Innowireless Co. Ltd (073490) - Net Assets
Based on the latest financial reports, Innowireless Co. Ltd (073490) has net assets worth ₩168.61 Billion KRW (≈ $114.27 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 (₩240.98 Billion ≈ $163.31 Million USD) and total liabilities (₩72.37 Billion ≈ $49.04 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 073490 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩168.61 Billion |
| % of Total Assets | 69.97% |
| Annual Growth Rate | 6.21% |
| 5-Year Change | 41.0% |
| 10-Year Change | 148.86% |
| Growth Volatility | 11.49 |
Innowireless Co. Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Innowireless Co. Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Innowireless Co. Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Innowireless Co. Ltd (2011–2025)
The table below shows the annual net assets of Innowireless Co. Ltd from 2011 to 2025. For live valuation and market cap data, see 073490 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩167.22 Billion ≈ $113.32 Million |
-1.24% |
| 2024-12-31 | ₩169.33 Billion ≈ $114.75 Million |
+2.04% |
| 2023-12-31 | ₩165.94 Billion ≈ $112.46 Million |
+26.76% |
| 2022-12-31 | ₩130.91 Billion ≈ $88.71 Million |
+10.38% |
| 2021-12-31 | ₩118.60 Billion ≈ $80.37 Million |
+14.37% |
| 2020-12-31 | ₩103.70 Billion ≈ $70.27 Million |
+28.17% |
| 2019-12-31 | ₩80.90 Billion ≈ $54.83 Million |
+20.57% |
| 2018-12-31 | ₩67.10 Billion ≈ $45.48 Million |
+1.51% |
| 2017-12-31 | ₩66.11 Billion ≈ $44.80 Million |
-1.62% |
| 2016-12-31 | ₩67.19 Billion ≈ $45.54 Million |
-12.60% |
| 2015-12-31 | ₩76.88 Billion ≈ $52.10 Million |
-4.84% |
| 2014-12-31 | ₩80.79 Billion ≈ $54.75 Million |
+1.68% |
| 2013-12-31 | ₩79.45 Billion ≈ $53.84 Million |
+3.75% |
| 2012-12-31 | ₩76.58 Billion ≈ $51.90 Million |
+6.39% |
| 2011-12-31 | ₩71.98 Billion ≈ $48.78 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Innowireless 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 10758162907000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩107.58 Billion | 64.34% |
| Other Components | ₩59.64 Billion | 35.66% |
| Total Equity | ₩167.22 Billion | 100.00% |
Innowireless Co. Ltd Competitors by Market Cap
The table below lists competitors of Innowireless Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kopla Co. Ltd
KQ:126600
|
$134.50 Million |
|
China Automotive Systems Inc
NASDAQ:CAAS
|
$134.56 Million |
|
Brave C&H Supply Co Ltd
TWO:6538
|
$134.59 Million |
|
FDC International Hotels Corp
TW:2748
|
$134.64 Million |
|
Lonyer Fuels
SHG:603003
|
$134.35 Million |
|
First Farms A/S
CO:FFARMS
|
$134.34 Million |
|
DEEZER S.A. EO 1
F:L0A
|
$134.28 Million |
|
Igarashi Motors India Limited
NSE:IGARASHI
|
$134.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Innowireless Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 169,326,501,670 to 167,218,491,430, a change of -2,108,010,240 (-1.2%).
- Net loss of 1,198,555,350 reduced equity.
- Dividend payments of 912,461,520 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-1.20 Billion | -0.72% |
| Dividends Paid | ₩912.46 Million | -0.55% |
| Other Changes | ₩3.01 Million | +0.0% |
| Total Change | ₩- | -1.24% |
Book Value vs Market Value Analysis
This analysis compares Innowireless 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: 1.50x
- 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 2.95x to 1.50x 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 | ₩11194.45 | ₩33050.00 | x |
| 2017-12-31 | ₩11013.38 | ₩33050.00 | x |
| 2018-12-31 | ₩11179.36 | ₩33050.00 | x |
| 2019-12-31 | ₩13478.54 | ₩33050.00 | x |
| 2020-12-31 | ₩15390.85 | ₩33050.00 | x |
| 2021-12-31 | ₩17602.24 | ₩33050.00 | x |
| 2022-12-31 | ₩19429.52 | ₩33050.00 | x |
| 2023-12-31 | ₩21823.73 | ₩33050.00 | x |
| 2024-12-31 | ₩22268.52 | ₩33050.00 | x |
| 2025-12-31 | ₩21991.30 | ₩33050.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Innowireless 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): -0.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.64%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.36x
- Recent ROE (-0.72%) is below the historical average (5.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 22.21% | 20.98% | 0.82x | 1.29x | ₩8.43 Billion |
| 2012 | 12.97% | 12.85% | 0.84x | 1.20x | ₩2.26 Billion |
| 2013 | 5.80% | 5.78% | 0.85x | 1.18x | ₩-3.31 Billion |
| 2014 | 2.21% | 3.18% | 0.57x | 1.21x | ₩-6.28 Billion |
| 2015 | -5.83% | -8.15% | 0.61x | 1.17x | ₩-12.17 Billion |
| 2016 | -14.61% | -18.63% | 0.64x | 1.22x | ₩-16.54 Billion |
| 2017 | -0.32% | -0.35% | 0.71x | 1.30x | ₩-6.82 Billion |
| 2018 | 0.32% | 0.34% | 0.66x | 1.45x | ₩-6.49 Billion |
| 2019 | 16.25% | 13.57% | 0.80x | 1.50x | ₩5.06 Billion |
| 2020 | 12.63% | 14.09% | 0.74x | 1.21x | ₩2.73 Billion |
| 2021 | 12.78% | 16.72% | 0.64x | 1.19x | ₩3.30 Billion |
| 2022 | 10.28% | 10.12% | 0.72x | 1.42x | ₩360.01 Million |
| 2023 | 6.53% | 7.89% | 0.63x | 1.32x | ₩-5.75 Billion |
| 2024 | 1.50% | 1.34% | 0.81x | 1.39x | ₩-14.40 Billion |
| 2025 | -0.72% | -0.64% | 0.82x | 1.36x | ₩-17.92 Billion |
Industry Comparison
This section compares Innowireless Co. Ltd's net assets metrics with peer companies in the Communications & Networking industry.
Industry Context
- Industry: Communications & Networking
- Average net assets among peers: $62,399,242,868
- Average return on equity (ROE) among peers: 1.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Innowireless Co. Ltd (073490) | ₩168.61 Billion | 22.21% | 0.43x | $134.44 Million |
| Eyesvision Corp (031310) | $67.42 Billion | 2.35% | 0.63x | $10.13 Million |
| BG T&A Co (046310) | $33.79 Billion | 0.00% | 1.29x | $21.93 Million |
| SOLiD Inc (050890) | $82.98 Billion | -26.55% | 2.39x | $434.38 Million |
| System and Application Technologies Co. Ltd (060540) | $37.05 Billion | 14.69% | 0.41x | $21.96 Million |
| Homecast Co.Ltd (064240) | $68.13 Billion | -2.53% | 0.39x | $39.37 Million |
| CS Corporation (065770) | $38.98 Billion | -37.05% | 2.16x | $20.28 Million |
| ECSTELECOM Co. Ltd (067010) | $40.21 Billion | 12.44% | 0.57x | $9.60 Million |
| Frtek Co.Ltd (073540) | $37.28 Billion | -11.07% | 0.42x | $18.89 Million |
| Ubiquoss Holdings Inc (078070) | $155.74 Billion | 62.09% | 0.03x | $103.53 Million |
About Innowireless Co. Ltd
Innowireless Co., Ltd. manufactures and sells communication tests and measurement equipment in South Korea. It offers wireless network optimization solutions, such as drive testing, post-processing, benchmark testing, and mobile solutions. The company also provides mobile communication test and measurement solutions comprising RTT, a multi-DUT solution for signal analysis, signal generation, and … Read more