KWANGJIN WINTEC CO. Ltd (090150) - Net Assets
Based on the latest financial reports, KWANGJIN WINTEC CO. Ltd (090150) has net assets worth ₩44.31 Billion KRW (≈ $30.03 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 (₩125.76 Billion ≈ $85.23 Million USD) and total liabilities (₩81.45 Billion ≈ $55.20 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 KWANGJIN WINTEC CO. Ltd (090150) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩44.31 Billion |
| % of Total Assets | 35.23% |
| Annual Growth Rate | 0.66% |
| 5-Year Change | -12.47% |
| 10-Year Change | -11.24% |
| Growth Volatility | 23.55 |
KWANGJIN WINTEC CO. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how KWANGJIN WINTEC CO. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 090150 asset base for the complete picture of this company's asset base.
Annual Net Assets for KWANGJIN WINTEC CO. Ltd (2011–2024)
The table below shows the annual net assets of KWANGJIN WINTEC CO. Ltd from 2011 to 2024. For live valuation and market cap data, see how much is KWANGJIN WINTEC CO. Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩36.99 Billion ≈ $25.07 Million |
-17.36% |
| 2023-12-31 | ₩44.77 Billion ≈ $30.34 Million |
-40.60% |
| 2022-12-31 | ₩75.36 Billion ≈ $51.07 Million |
+6.55% |
| 2021-12-31 | ₩70.73 Billion ≈ $47.93 Million |
+67.35% |
| 2020-12-31 | ₩42.27 Billion ≈ $28.64 Million |
+1.41% |
| 2019-12-31 | ₩41.68 Billion ≈ $28.24 Million |
+19.96% |
| 2018-12-31 | ₩34.74 Billion ≈ $23.55 Million |
-12.33% |
| 2017-12-31 | ₩39.63 Billion ≈ $26.86 Million |
-8.41% |
| 2016-12-31 | ₩43.27 Billion ≈ $29.32 Million |
+3.81% |
| 2015-12-31 | ₩41.68 Billion ≈ $28.25 Million |
+2.15% |
| 2014-12-31 | ₩40.80 Billion ≈ $27.65 Million |
+1.57% |
| 2013-12-31 | ₩40.17 Billion ≈ $27.22 Million |
+5.67% |
| 2012-12-31 | ₩38.02 Billion ≈ $25.76 Million |
+11.90% |
| 2011-12-31 | ₩33.98 Billion ≈ $23.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to KWANGJIN WINTEC 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 decreased by 165887622000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩20.94 Billion | 56.60% |
| Other Components | ₩17.72 Billion | 47.89% |
| Total Equity | ₩36.99 Billion | 100.00% |
KWANGJIN WINTEC CO. Ltd Competitors by Market Cap
The table below lists competitors of KWANGJIN WINTEC CO. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PVW Resources Ltd
AU:PVW
|
$5.65 Million |
|
JLT Mobile Computers AB (publ)
ST:JLT
|
$5.65 Million |
|
Archies Limited
NSE:ARCHIES
|
$5.66 Million |
|
Newton Golf Company
NASDAQ:NWTG
|
$5.66 Million |
|
Alaunos Therapeutics Inc
NASDAQ:TCRT
|
$5.65 Million |
|
ECS Botanics Holdings Ltd
AU:ECS
|
$5.65 Million |
|
Akbar Indomakmur Stimec Tbk
JK:AIMS
|
$5.65 Million |
|
Vivesto AB
ST:VIVE
|
$5.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KWANGJIN WINTEC CO. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 40,554,885,750 to 36,994,786,780, a change of -3,560,098,970 (-8.8%).
- Net loss of 3,903,283,530 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-3.90 Billion | -10.55% |
| Other Changes | ₩343.18 Million | +0.93% |
| Total Change | ₩- | -8.78% |
Book Value vs Market Value Analysis
This analysis compares KWANGJIN WINTEC 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: 0.99x
- 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.
- The price-to-book ratio has increased from 0.49x to 0.99x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩1879.95 | ₩920.00 | x |
| 2017-12-31 | ₩1721.91 | ₩920.00 | x |
| 2018-12-31 | ₩1509.63 | ₩920.00 | x |
| 2019-12-31 | ₩1810.90 | ₩920.00 | x |
| 2020-12-31 | ₩1841.51 | ₩920.00 | x |
| 2021-12-31 | ₩1927.82 | ₩920.00 | x |
| 2022-12-31 | ₩1916.81 | ₩920.00 | x |
| 2023-12-31 | ₩1021.13 | ₩920.00 | x |
| 2024-12-31 | ₩931.49 | ₩920.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KWANGJIN WINTEC 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): -10.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.27%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 3.52x
- Recent ROE (-10.55%) is below the historical average (-5.16%), 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 | 8.01% | 3.19% | 1.04x | 2.42x | ₩-669.71 Million |
| 2012 | 9.91% | 4.00% | 0.93x | 2.67x | ₩-32.33 Million |
| 2013 | 6.91% | 3.01% | 0.88x | 2.60x | ₩-1.24 Billion |
| 2014 | 2.05% | 0.88% | 0.94x | 2.48x | ₩-3.24 Billion |
| 2015 | 2.22% | 0.95% | 0.99x | 2.36x | ₩-3.24 Billion |
| 2016 | 4.79% | 1.96% | 1.09x | 2.25x | ₩-2.25 Billion |
| 2017 | -7.54% | -3.07% | 1.00x | 2.45x | ₩-6.95 Billion |
| 2018 | -7.25% | -2.69% | 0.93x | 2.89x | ₩-5.99 Billion |
| 2019 | 4.86% | 2.12% | 0.99x | 2.32x | ₩-2.14 Billion |
| 2020 | 4.10% | 2.03% | 0.89x | 2.27x | ₩-2.49 Billion |
| 2021 | 2.85% | 2.22% | 0.71x | 1.79x | ₩-5.06 Billion |
| 2022 | -5.11% | -4.07% | 0.53x | 2.38x | ₩-11.38 Billion |
| 2023 | -87.55% | -32.79% | 0.78x | 3.44x | ₩-39.56 Billion |
| 2024 | -10.55% | -3.27% | 0.92x | 3.52x | ₩-7.60 Billion |
Industry Comparison
This section compares KWANGJIN WINTEC CO. Ltd's net assets metrics with peer companies in the Automobiles & Auto Parts industry.
Industry Context
- Industry: Automobiles & Auto Parts
- Average net assets among peers: $75,444,238,181
- Average return on equity (ROE) among peers: 5.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KWANGJIN WINTEC CO. Ltd (090150) | ₩44.31 Billion | 8.01% | 1.84x | $5.65 Million |
| CBI Co. Ltd (013720) | $20.30 Billion | 1.25% | 0.81x | $3.59 Million |
| Ilji Technology Co. Ltd (019540) | $127.69 Billion | 6.40% | 1.85x | $63.54 Million |
| Hanil Forging Industrial Co. Ltd (024740) | $104.93 Billion | -1.06% | 1.17x | $69.69 Million |
| HRS Co. Ltd (036640) | $81.18 Billion | 11.35% | 0.13x | $58.24 Million |
| Ecoplastic Corporation (038110) | $102.37 Billion | -6.11% | 5.17x | $63.15 Million |
| Saedong Co.Ltd (053060) | $17.11 Billion | -4.06% | 5.46x | $19.28 Million |
| Guyoung Technology Co. Ltd (053270) | $55.41 Billion | 7.45% | 1.91x | $39.94 Million |
| Sambo Motors Co. Ltd (053700) | $138.57 Billion | 11.76% | 3.49x | $63.24 Million |
| ESTec Corporation (069510) | $65.61 Billion | 34.10% | 0.75x | $90.96 Million |
| Sungchang Autotech Co. Ltd (080470) | $41.28 Billion | -4.31% | 1.57x | $21.22 Million |
About KWANGJIN WINTEC CO. Ltd
iWIN CO.,LTD engages in the manufacturing and selling of automobile seat heaters in South Korea, rest of Asia, the United States, and Europe. It offers heating handles and ventilation seats, as well as seat heater parts. The company was formerly known as Kwangjin Wintec Co., Ltd. and changed its name to iWIN CO.,LTD in January 2022. iWIN CO.,LTD was founded in 1999 and is headquartered in Busan, … Read more