Watos Corea Co. Ltd
Watos Corea Co., Ltd. produces and sells bathroom materials in South Korea. The company offers toilet fittings, feces fittings, basin fittings, urinal fittings, and S-traps for service sink, as well as bath drainage products, floor drainage products, toilet elbows, bubble drainage products, penetrating sleeves, pipe fasteners, basin waterproof sockets, and waterproof sleeves for bubble layer drai… Read more
Watos Corea Co. Ltd (079000) - Net Assets
Latest net assets as of September 2025: ₩74.51 Billion KRW
Based on the latest financial reports, Watos Corea Co. Ltd (079000) has net assets worth ₩74.51 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 (₩78.86 Billion) and total liabilities (₩4.35 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 | ₩74.51 Billion |
| % of Total Assets | 94.48% |
| Annual Growth Rate | 2.33% |
| 5-Year Change | 6.53% |
| 10-Year Change | 17.42% |
| Growth Volatility | 2.58 |
Watos Corea Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Watos Corea 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 Watos Corea Co. Ltd (2014–2024)
The table below shows the annual net assets of Watos Corea Co. Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩78.87 Billion | -0.52% |
| 2023-12-31 | ₩79.28 Billion | +1.77% |
| 2022-12-31 | ₩77.90 Billion | +5.28% |
| 2021-12-31 | ₩73.99 Billion | -0.06% |
| 2020-12-31 | ₩74.03 Billion | -1.66% |
| 2019-12-31 | ₩75.28 Billion | +2.29% |
| 2018-12-31 | ₩73.60 Billion | +1.91% |
| 2017-12-31 | ₩72.22 Billion | +3.55% |
| 2016-12-31 | ₩69.74 Billion | +3.83% |
| 2015-12-31 | ₩67.17 Billion | +7.20% |
| 2014-12-31 | ₩62.65 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Watos Corea 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 32.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩69.58 Billion | 88.22% |
| Common Stock | ₩3.60 Billion | 4.56% |
| Other Components | ₩5.69 Billion | 7.22% |
| Total Equity | ₩78.87 Billion | 100.00% |
Watos Corea Co. Ltd Competitors by Market Cap
The table below lists competitors of Watos Corea Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Good Drinks Australia Ltd
AU:GDA
|
$13.80 Million |
|
Donaco International Ltd
AU:DNA
|
$13.81 Million |
|
FAR Ltd
AU:FAR
|
$13.81 Million |
|
Mundial S.A. - Produtos de Consumo
SA:MNDL3
|
$13.81 Million |
|
Buima Group
TWO:5543
|
$13.79 Million |
|
Solera National Bancorp Inc
PINK:SLRK
|
$13.78 Million |
|
Clinical Laserthermia Systems AB (publ)
ST:CLS-B
|
$13.78 Million |
|
HEBEI YICHEN GRP H YC 05
F:HE2
|
$13.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Watos Corea Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 79,281,396,630 to 78,869,429,920, a change of -411,966,710 (-0.5%).
- Net income of 2,065,735,370 contributed positively to equity growth.
- Dividend payments of 1,439,721,400 reduced retained earnings.
- Share repurchases of 994,650,380 reduced equity.
- New share issuances of 6,735,920 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.07 Billion | +2.62% |
| Dividends Paid | ₩1.44 Billion | -1.83% |
| Share Repurchases | ₩994.65 Million | -1.26% |
| Share Issuances | ₩6.74 Million | +0.01% |
| Other Changes | ₩-50.07 Million | -0.06% |
| Total Change | ₩- | -0.52% |
Book Value vs Market Value Analysis
This analysis compares Watos Corea 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: 0.74x
- 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 | ₩10456.91 | ₩8370.00 | x |
| 2017-12-31 | ₩10030.25 | ₩8370.00 | x |
| 2018-12-31 | ₩10224.14 | ₩8370.00 | x |
| 2019-12-31 | ₩10457.88 | ₩8370.00 | x |
| 2020-12-31 | ₩10284.59 | ₩8370.00 | x |
| 2021-12-31 | ₩10278.91 | ₩8370.00 | x |
| 2022-12-31 | ₩10821.94 | ₩8370.00 | x |
| 2023-12-31 | ₩11013.44 | ₩8370.00 | x |
| 2024-12-31 | ₩11264.52 | ₩8370.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Watos Corea 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): 2.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.81%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.06x
- Recent ROE (2.62%) is below the historical average (4.86%), 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 | 10.98% | 35.17% | 0.30x | 1.05x | ₩615.86 Million |
| 2015 | 7.79% | 26.57% | 0.28x | 1.04x | ₩-1.48 Billion |
| 2016 | 4.87% | 19.17% | 0.24x | 1.04x | ₩-3.58 Billion |
| 2017 | 5.04% | 17.00% | 0.28x | 1.04x | ₩-3.58 Billion |
| 2018 | 3.94% | 13.63% | 0.28x | 1.04x | ₩-4.46 Billion |
| 2019 | 4.18% | 17.18% | 0.23x | 1.05x | ₩-4.38 Billion |
| 2020 | 1.96% | 7.94% | 0.24x | 1.04x | ₩-5.95 Billion |
| 2021 | 1.92% | 7.10% | 0.26x | 1.06x | ₩-5.98 Billion |
| 2022 | 6.82% | 27.23% | 0.24x | 1.06x | ₩-2.48 Billion |
| 2023 | 3.36% | 15.08% | 0.21x | 1.05x | ₩-5.26 Billion |
| 2024 | 2.62% | 11.81% | 0.21x | 1.06x | ₩-5.82 Billion |
Industry Comparison
This section compares Watos Corea Co. Ltd's net assets metrics with peer companies in the Homebuilding & Construction Supplies industry.
Industry Context
- Industry: Homebuilding & Construction Supplies
- Average net assets among peers: $33,813,025,490
- Average return on equity (ROE) among peers: -1.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Watos Corea Co. Ltd (079000) | ₩74.51 Billion | 10.98% | 0.06x | $13.79 Million |
| Kuk Young G&M Co. Ltd (006050) | $46.15 Billion | -10.53% | 0.44x | $25.13 Million |
| PlumbFast Co. Ltd (035200) | $35.04 Billion | 4.27% | 0.09x | $13.96 Million |
| Nature and Environment Co. Ltd (043910) | $20.25 Billion | 2.05% | 0.78x | $26.37 Million |