Techwing Inc
Techwing, Inc., together with its subsidiaries, develops, manufactures, sells, and services semiconductor inspection equipment in South Korea and internationally. The company offers wafer probing system, a device that tests the electrical properties of chips formed on wafer; cube probers, a die level cube prober machines; memory and SOC handler, an equipment used in the test process in the final … Read more
Techwing Inc (089030) - Net Assets
Latest net assets as of September 2025: ₩196.97 Billion KRW
Based on the latest financial reports, Techwing Inc (089030) has net assets worth ₩196.97 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 (₩551.45 Billion) and total liabilities (₩354.48 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 | ₩196.97 Billion |
| % of Total Assets | 35.72% |
| Annual Growth Rate | 10.18% |
| 5-Year Change | -6.98% |
| 10-Year Change | 94.81% |
| Growth Volatility | 13.58 |
Techwing Inc - Net Assets Trend (2013–2024)
This chart illustrates how Techwing Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Techwing Inc (2013–2024)
The table below shows the annual net assets of Techwing Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩188.30 Billion | -12.66% |
| 2023-12-31 | ₩215.59 Billion | -6.92% |
| 2022-12-31 | ₩231.61 Billion | +6.63% |
| 2021-12-31 | ₩217.21 Billion | +7.30% |
| 2020-12-31 | ₩202.43 Billion | +15.44% |
| 2019-12-31 | ₩175.35 Billion | +7.22% |
| 2018-12-31 | ₩163.54 Billion | +8.35% |
| 2017-12-31 | ₩150.93 Billion | +37.83% |
| 2016-12-31 | ₩109.51 Billion | +13.29% |
| 2015-12-31 | ₩96.66 Billion | +29.19% |
| 2014-12-31 | ₩74.82 Billion | +15.41% |
| 2013-12-31 | ₩64.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Techwing Inc'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 14622683699000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩146.23 Billion | 76.66% |
| Common Stock | ₩18.91 Billion | 9.92% |
| Other Components | ₩25.61 Billion | 13.43% |
| Total Equity | ₩190.75 Billion | 100.00% |
Techwing Inc Competitors by Market Cap
The table below lists competitors of Techwing Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BNP PARIBAS BK POLSKA ZY1
F:82MA
|
$968.68 Million |
|
Shanghai Waigaoqiao Free Trade Zone Group Co Ltd A
SHG:600648
|
$969.35 Million |
|
Shanghai Chinafortune Co Ltd
SHG:600621
|
$969.43 Million |
|
Yunnan Botanee Bio-Technology Group Co Ltd
SHE:300957
|
$969.48 Million |
|
Aya Gold & Silver Inc.
PINK:AYASF
|
$968.26 Million |
|
Kinh Bac City Development Share Holding Corp
VN:KBC
|
$968.23 Million |
|
SINOPEC Engineering (Group) Co. Ltd.
PINK:SENGF
|
$968.17 Million |
|
Watches of Switzerland Group plc
PINK:WOSGF
|
$967.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Techwing Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 216,901,700,370 to 190,751,711,430, a change of -26,149,988,940 (-12.1%).
- Net loss of 20,881,376,650 reduced equity.
- Dividend payments of 4,646,261,620 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-20.88 Billion | -10.95% |
| Dividends Paid | ₩4.65 Billion | -2.44% |
| Other Changes | ₩-622.35 Million | -0.33% |
| Total Change | ₩- | -12.06% |
Book Value vs Market Value Analysis
This analysis compares Techwing Inc'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: 11.41x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 20.11x to 11.41x 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 | ₩3027.78 | ₩60900.00 | x |
| 2017-12-31 | ₩4129.83 | ₩60900.00 | x |
| 2018-12-31 | ₩4501.93 | ₩60900.00 | x |
| 2019-12-31 | ₩4682.67 | ₩60900.00 | x |
| 2020-12-31 | ₩5405.83 | ₩60900.00 | x |
| 2021-12-31 | ₩5779.14 | ₩60900.00 | x |
| 2022-12-31 | ₩6280.22 | ₩60900.00 | x |
| 2023-12-31 | ₩6068.80 | ₩60900.00 | x |
| 2024-12-31 | ₩5337.13 | ₩60900.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Techwing Inc 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): -10.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.26%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 2.65x
- Recent ROE (-10.95%) is below the historical average (10.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.79% | 9.71% | 0.61x | 2.32x | ₩2.45 Billion |
| 2014 | 10.55% | 7.02% | 0.65x | 2.32x | ₩408.61 Million |
| 2015 | 17.33% | 12.31% | 0.64x | 2.19x | ₩7.08 Billion |
| 2016 | 13.49% | 10.41% | 0.53x | 2.44x | ₩3.83 Billion |
| 2017 | 25.18% | 17.06% | 0.65x | 2.27x | ₩22.91 Billion |
| 2018 | 12.27% | 10.36% | 0.58x | 2.05x | ₩3.72 Billion |
| 2019 | 6.19% | 5.81% | 0.49x | 2.16x | ₩-6.68 Billion |
| 2020 | 15.84% | 14.05% | 0.55x | 2.06x | ₩11.81 Billion |
| 2021 | 8.28% | 7.03% | 0.50x | 2.34x | ₩-3.73 Billion |
| 2022 | 14.09% | 12.20% | 0.55x | 2.11x | ₩9.47 Billion |
| 2023 | -4.29% | -6.97% | 0.27x | 2.24x | ₩-31.00 Billion |
| 2024 | -10.95% | -11.26% | 0.37x | 2.65x | ₩-39.96 Billion |
Industry Comparison
This section compares Techwing Inc's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $128,266,771,899
- Average return on equity (ROE) among peers: -0.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Techwing Inc (089030) | ₩196.97 Billion | 13.79% | 1.80x | $968.44 Million |
| D I Corp (003160) | $167.74 Billion | 0.65% | 0.91x | $431.82 Million |
| Samick Thk (004380) | $79.31 Billion | 5.11% | 0.99x | $42.11 Million |
| PSMC CO. Ltd (024850) | $22.26 Billion | -14.70% | 0.84x | $196.26 Million |
| Mirae Corporation (025560) | $38.02 Billion | 0.00% | 1.53x | $27.97 Million |
| MK Electron Co. Ltd (033160) | $352.21 Billion | 7.86% | 4.63x | $116.29 Million |
| Signetics Corporation (033170) | $147.33 Billion | -4.23% | 0.36x | $27.88 Million |
| Nepes Corporation (033640) | $120.68 Billion | 0.00% | 0.99x | $198.76 Million |
| EO Technics Co. Ltd (039030) | $163.17 Billion | 20.30% | 0.48x | $2.23 Billion |
| Hanmi Semicon (042700) | $127.29 Billion | 5.51% | 0.44x | $8.58 Billion |
| Gigalane Co Ltd (049080) | $64.66 Billion | -20.68% | 1.35x | $19.35 Million |