THINKWARE Corporation Net Assets

Latest as of March 2026: ₩210.09 Billion KRW ≈ $142.38 Million USD

THINKWARE Corporation net assets. Based on the latest financial reports, THINKWARE Corporation (084730) has net assets worth ₩210.09 Billion KRW (≈ $142.38 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 (₩402.87 Billion ≈ $273.02 Million USD) and total liabilities (₩192.78 Billion ≈ $130.64 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. Also explore THINKWARE Corporation equity growth rate to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩210.09 Billion
% of Total Assets	52.15%
Annual Growth Rate	6.5%
5-Year Change	32.67%
10-Year Change	61.87%
Growth Volatility	6.76

Net Assets of THINKWARE Corporation (2013–2025)

Net assets of THINKWARE Corporation from 2013 to 2025. This chart illustrates how THINKWARE Corporation's net assets have evolved over time, based on quarterly financial data. See 084730 net asset quality index to measure how much of total assets are equity-financed.

Annual Net Assets for THINKWARE Corporation (2013–2025)

The table below shows the annual net assets of THINKWARE Corporation from 2013 to 2025. For live market cap and overall valuation, see how much is THINKWARE Corporation worth.

Year	Net Assets	Change
2025-12-31	₩217.27 Billion ≈ $147.24 Million	-5.51%
2024-12-31	₩229.93 Billion ≈ $155.82 Million	+9.86%
2023-12-31	₩209.29 Billion ≈ $141.83 Million	+15.57%
2022-12-31	₩181.09 Billion ≈ $122.72 Million	+10.58%
2021-12-31	₩163.77 Billion ≈ $110.98 Million	+4.34%
2020-12-31	₩156.95 Billion ≈ $106.36 Million	+5.57%
2019-12-31	₩148.66 Billion ≈ $100.75 Million	+2.29%
2018-12-31	₩145.33 Billion ≈ $98.49 Million	+1.06%
2017-12-31	₩143.81 Billion ≈ $97.46 Million	+7.14%
2016-12-31	₩134.22 Billion ≈ $90.96 Million	+7.69%
2015-12-31	₩124.63 Billion ≈ $84.46 Million	+20.95%
2014-12-31	₩103.05 Billion ≈ $69.84 Million	+0.95%
2013-12-31	₩102.08 Billion ≈ $69.18 Million	--

Equity Component Analysis

This analysis shows how different components contribute to THINKWARE Corporation'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 8402.7% over the analyzed period, indicating profitable operations and earnings retention.

THINKWARE Corporation Net Assets Breakdown (December 2025)

THINKWARE Corporation net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	₩111.21 Billion	58.52%
Other Components	₩78.84 Billion	41.48%
Total Equity	₩190.05 Billion	100.00%

THINKWARE Corporation Competitors by Market Cap

The table below lists competitors of THINKWARE Corporation ranked by their market capitalization.

Company	Market Cap
Imago Mulia Persada Tbk PT JK:LFLO	$52.11 Million
Hae In KO:003010	$52.12 Million
Ultimovacs ASA OL:ULTI	$52.14 Million
Hankook Furniture Co. Ltd KQ:004590	$52.15 Million
Societe de Tayninh SA PA:TAYN	$52.09 Million
De Poan Pneumatic TWO:1570	$52.08 Million
Luxury Real Estate Investment Fund BK:LUXF	$52.06 Million
Thai Agro Energy Public Company Limited BK:TAE	$52.05 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in THINKWARE Corporation's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 208,893,716,360 to 190,046,368,920, a change of -18,847,347,440 (-9.0%).
Net loss of 25,441,597,120 reduced equity.
Dividend payments of 1,103,314,780 reduced retained earnings.
Share repurchases of 2,007,106,690 reduced equity.
New share issuances of 118,761,000 increased equity.
Other factors increased equity by 9,585,910,150.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩-25.44 Billion	-13.39%
Dividends Paid	₩1.10 Billion	-0.58%
Share Repurchases	₩2.01 Billion	-1.06%
Share Issuances	₩118.76 Million	+0.06%
Other Changes	₩9.59 Billion	+5.04%
Total Change	₩-	-9.02%

Book Value vs Market Value Analysis

This analysis compares THINKWARE Corporation'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: 0.34x
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	₩15144.53	₩6280.00	x
2017-12-31	₩15253.47	₩6280.00	x
2018-12-31	₩15414.79	₩6280.00	x
2019-12-31	₩15768.32	₩6280.00	x
2020-12-31	₩16647.32	₩6280.00	x
2021-12-31	₩17370.48	₩6280.00	x
2022-12-31	₩15016.00	₩6280.00	x
2023-12-31	₩18667.81	₩6280.00	x
2024-12-31	₩19406.57	₩6280.00	x
2025-12-31	₩18373.66	₩6280.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently THINKWARE Corporation 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): -13.39%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -4.74%
• Asset Turnover: 1.45x
• Equity Multiplier: 1.95x
Recent ROE (-13.39%) is below the historical average (1.73%), 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	0.93%	0.60%	0.81x	1.92x	₩-9.35 Billion
2015	0.73%	0.60%	0.76x	1.60x	₩-11.54 Billion
2016	1.65%	1.20%	0.89x	1.54x	₩-11.21 Billion
2017	1.98%	1.44%	0.96x	1.43x	₩-11.54 Billion
2018	1.69%	1.26%	0.98x	1.37x	₩-12.08 Billion
2019	2.73%	2.23%	0.87x	1.40x	₩-10.81 Billion
2020	5.41%	4.30%	0.88x	1.44x	₩-7.20 Billion
2021	3.98%	2.89%	0.79x	1.74x	₩-9.86 Billion
2022	1.85%	1.00%	0.97x	1.92x	₩-14.76 Billion
2023	7.97%	3.71%	1.06x	2.03x	₩-3.97 Billion
2024	5.23%	2.23%	1.18x	1.98x	₩-9.96 Billion
2025	-13.39%	-4.74%	1.45x	1.95x	₩-44.45 Billion

Industry Comparison

This section compares THINKWARE Corporation's net assets metrics with peer companies in the Scientific & Technical Instruments industry.

Industry Context

Industry: Scientific & Technical Instruments
Average net assets among peers: $87,824,908,376
Average return on equity (ROE) among peers: 0.46%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
THINKWARE Corporation (084730)	₩210.09 Billion	0.93%	0.92x	$52.11 Million
NanoenTekInc (039860)	$23.35 Billion	0.00%	0.30x	$96.94 Million
Suprema HQ Inc (094840)	$241.76 Billion	5.54%	0.04x	$78.35 Million
Woojin (105840)	$132.73 Billion	-8.94%	0.51x	$129.04 Million
HyVision System. Inc (126700)	$67.29 Billion	10.66%	0.17x	$86.63 Million
DAIHAN Scientific Co. Ltd (131220)	$42.22 Billion	6.38%	0.61x	$18.33 Million
Parksystems Corp (140860)	$22.60 Billion	15.96%	0.13x	$1.03 Billion
Eugene ACPC SPAC 2 (215090)	$19.10 Billion	-8.14%	0.59x	$20.07 Million
LET co. Ltd (297890)	$220.93 Billion	-9.40%	0.33x	$66.82 Million
Wintec Co. Ltd (320000)	$20.43 Billion	-7.91%	0.10x	$149.11 Million

About THINKWARE Corporation

KQ:084730 Korea Scientific & Technical Instruments

Market Cap

$52.11 Million

₩76.89 Billion KRW

Market Cap Rank

#21566 Global

#1281 in Korea

Share Price

₩6280.00

Change (1 day)

-0.95%

52-Week Range

₩5830.00 - ₩10270.00

All Time High

₩21450.00