Innowireless Co. Ltd (073490) - Net Assets

Latest as of September 2025: ₩157.57 Billion KRW ≈ $106.78 Million USD

Based on the latest financial reports, Innowireless Co. Ltd (073490) has net assets worth ₩157.57 Billion KRW (≈ $106.78 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 (₩210.04 Billion ≈ $142.34 Million USD) and total liabilities (₩52.47 Billion ≈ $35.56 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 asset resilience ratio of Innowireless Co. Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩157.57 Billion
% of Total Assets	75.02%
Annual Growth Rate	6.8%
5-Year Change	63.29%
10-Year Change	120.25%
Growth Volatility	11.7

Innowireless Co. Ltd - Net Assets Trend (2011–2024)

This chart illustrates how Innowireless Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 073490 total assets for the complete picture of this company's asset base.

Annual Net Assets for Innowireless Co. Ltd (2011–2024)

The table below shows the annual net assets of Innowireless Co. Ltd from 2011 to 2024. For live valuation and market cap data, see 073490 market cap overview.

Year	Net Assets	Change
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	--

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 10968106183000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩109.68 Billion	64.77%
Common Stock	₩3.80 Billion	2.25%
Other Components	₩55.84 Billion	32.98%
Total Equity	₩169.33 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
GigCapital7 Corp. Class A Ordinary Share NASDAQ:GIG	$214.00 Million
Aspo Oyj HE:ASPO	$214.01 Million
Guangdong Electric Power Devel SHE:200539	$214.03 Million
Alta Equipment Group Inc NYSE:ALTG	$214.04 Million
Liberty Global PLC Class B NASDAQ:LBTYB	$213.85 Million
Union Insurance Co Ltd TW:2816	$213.81 Million
Europap Tezol Kagit Sanayi Ve Ticaret AS IS:TEZOL	$213.78 Million
Zhuhai Sailong Pharmaceutical Co Ltd SHE:002898	$213.76 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 2023 to 2024, total equity changed from 165,944,317,880 to 169,326,501,670, a change of 3,382,183,790 (2.0%).
Net income of 2,533,198,500 contributed positively to equity growth.
Dividend payments of 2,661,346,100 reduced retained earnings.
Other factors increased equity by 3,510,331,390.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩2.53 Billion	+1.5%
Dividends Paid	₩2.66 Billion	-1.57%
Other Changes	₩3.51 Billion	+2.07%
Total Change	₩-	2.04%

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: 2.36x
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 4.70x to 2.36x 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	₩52600.00	x
2017-12-31	₩11013.38	₩52600.00	x
2018-12-31	₩11179.36	₩52600.00	x
2019-12-31	₩13478.54	₩52600.00	x
2020-12-31	₩15390.85	₩52600.00	x
2021-12-31	₩17602.24	₩52600.00	x
2022-12-31	₩19429.52	₩52600.00	x
2023-12-31	₩21823.73	₩52600.00	x
2024-12-31	₩22268.52	₩52600.00	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): 1.50%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.34%
• Asset Turnover: 0.81x
• Equity Multiplier: 1.39x
Recent ROE (1.50%) is below the historical average (5.91%), 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

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: $97,821,771,922
Average return on equity (ROE) among peers: 2.48%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Innowireless Co. Ltd (073490)	₩157.57 Billion	22.21%	0.33x	$213.97 Million
Eyesvision Corp (031310)	$59.20 Billion	0.00%	0.63x	$16.58 Million
BG T&A Co (046310)	$30.65 Billion	-4.33%	1.43x	$34.14 Million
SOLiD Inc (050890)	$195.48 Billion	12.20%	0.89x	$600.83 Million
System and Application Technologies Co. Ltd (060540)	$100.19 Billion	9.12%	0.68x	$24.56 Million
Homecast Co.Ltd (064240)	$37.64 Billion	0.16%	0.66x	$47.40 Million
CS Corporation (065770)	$21.76 Billion	-2.38%	0.25x	$20.22 Million
ECSTELECOM Co. Ltd (067010)	$55.79 Billion	8.32%	0.52x	$10.85 Million
Frtek Co.Ltd (073540)	$32.97 Billion	-4.85%	0.71x	$30.20 Million
Ubiquoss Holdings Inc (078070)	$346.72 Billion	4.04%	0.13x	$167.73 Million

About Innowireless Co. Ltd

KQ:073490 Korea Communications & Networking

Market Cap

$213.97 Million

₩315.73 Billion KRW

Market Cap Rank

#16277 Global

#669 in Korea

Share Price

₩52600.00

Change (1 day)

+3.14%

52-Week Range

₩17720.00 - ₩57400.00

All Time High

₩64686.16