Ezwelfare Co Ltd
Hyundai Ezwel Co.,Ltd. develops and sells information systems for managing tasks related to the welfare systems in South Korea. It offers Selective Welfare System, which enables employees to choose welfare items and benefit levels according to their lifestyle and preference; partner welfare solution; and public welfare solution for various purposes such as employment, childbirth, vacation, employ… Read more
Ezwelfare Co Ltd (090850) - Net Assets
Latest net assets as of September 2025: ₩105.30 Billion KRW
Based on the latest financial reports, Ezwelfare Co Ltd (090850) has net assets worth ₩105.30 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 (₩247.68 Billion) and total liabilities (₩142.38 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 | ₩105.30 Billion |
| % of Total Assets | 42.52% |
| Annual Growth Rate | 16.22% |
| 5-Year Change | 57.66% |
| 10-Year Change | 282.54% |
| Growth Volatility | 21.35 |
Ezwelfare Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Ezwelfare 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 Ezwelfare Co Ltd (2014–2024)
The table below shows the annual net assets of Ezwelfare Co Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩97.29 Billion | +11.22% |
| 2023-12-31 | ₩87.48 Billion | -4.92% |
| 2022-12-31 | ₩92.01 Billion | +13.84% |
| 2021-12-31 | ₩80.82 Billion | +30.97% |
| 2020-12-31 | ₩61.71 Billion | +70.11% |
| 2019-12-31 | ₩36.28 Billion | +30.97% |
| 2018-12-31 | ₩27.70 Billion | +10.90% |
| 2017-12-31 | ₩24.98 Billion | +9.22% |
| 2016-12-31 | ₩22.87 Billion | -10.09% |
| 2015-12-31 | ₩25.43 Billion | +17.51% |
| 2014-12-31 | ₩21.64 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ezwelfare 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 356.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩67.30 Billion | 69.18% |
| Common Stock | ₩11.87 Billion | 12.20% |
| Other Components | ₩18.12 Billion | 18.62% |
| Total Equity | ₩97.29 Billion | 100.00% |
Ezwelfare Co Ltd Competitors by Market Cap
The table below lists competitors of Ezwelfare Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Unifi Inc
NYSE:UFI
|
$59.04 Million |
|
CIKARANG LISTRINDO RP 200
F:B2O
|
$59.05 Million |
|
NeoVolta Inc. Warrant
NASDAQ:NEOVW
|
$59.06 Million |
|
Research Solutions Inc
NASDAQ:RSSS
|
$59.07 Million |
|
Aldeyra The
NASDAQ:ALDX
|
$59.00 Million |
|
Mortech Corporation
TWO:7419
|
$58.98 Million |
|
Akwel SA
PA:AKW
|
$58.97 Million |
|
Jade Biosciences, Inc.
NASDAQ:JBIO
|
$58.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ezwelfare Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 87,475,286,690 to 97,294,368,180, a change of 9,819,081,490 (11.2%).
- Net income of 11,922,840,470 contributed positively to equity growth.
- Dividend payments of 2,137,172,490 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩11.92 Billion | +12.25% |
| Dividends Paid | ₩2.14 Billion | -2.2% |
| Other Changes | ₩33.41 Million | +0.03% |
| Total Change | ₩- | 11.22% |
Book Value vs Market Value Analysis
This analysis compares Ezwelfare 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: 1.57x
- 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 5.23x to 1.57x 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 | ₩1226.41 | ₩6420.00 | x |
| 2017-12-31 | ₩1339.52 | ₩6420.00 | x |
| 2018-12-31 | ₩1457.41 | ₩6420.00 | x |
| 2019-12-31 | ₩1740.58 | ₩6420.00 | x |
| 2020-12-31 | ₩2598.70 | ₩6420.00 | x |
| 2021-12-31 | ₩3403.41 | ₩6420.00 | x |
| 2022-12-31 | ₩3874.49 | ₩6420.00 | x |
| 2023-12-31 | ₩3683.73 | ₩6420.00 | x |
| 2024-12-31 | ₩4097.23 | ₩6420.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ezwelfare 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): 12.25%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.10%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 2.32x
- Recent ROE (12.25%) is above the historical average (10.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 17.54% | 11.18% | 0.69x | 2.28x | ₩1.63 Billion |
| 2015 | 12.24% | 7.60% | 0.69x | 2.34x | ₩568.68 Million |
| 2016 | -1.44% | -0.63% | 0.89x | 2.56x | ₩-2.62 Billion |
| 2017 | 8.90% | 3.81% | 0.73x | 3.21x | ₩-274.62 Million |
| 2018 | 7.07% | 2.68% | 0.88x | 2.99x | ₩-812.45 Million |
| 2019 | 13.71% | 6.04% | 0.91x | 2.49x | ₩1.35 Billion |
| 2020 | 15.37% | 10.88% | 0.64x | 2.21x | ₩3.31 Billion |
| 2021 | 19.05% | 15.95% | 0.63x | 1.89x | ₩7.31 Billion |
| 2022 | 16.49% | 13.49% | 0.56x | 2.19x | ₩5.97 Billion |
| 2023 | -0.61% | -0.45% | 0.60x | 2.25x | ₩-9.28 Billion |
| 2024 | 12.25% | 9.10% | 0.58x | 2.32x | ₩2.19 Billion |
Industry Comparison
This section compares Ezwelfare Co Ltd's net assets metrics with peer companies in the Software & IT Services industry.
Industry Context
- Industry: Software & IT Services
- Average net assets among peers: $49,307,852,209
- Average return on equity (ROE) among peers: -8.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ezwelfare Co Ltd (090850) | ₩105.30 Billion | 17.54% | 1.35x | $59.01 Million |
| Daishin Information & Communications Co.Ltd (020180) | $23.68 Billion | 6.99% | 1.25x | $22.09 Million |
| PLAYWITH Inc (023770) | $25.93 Billion | -23.11% | 0.68x | $6.30 Million |
| Dragonfly GF Co. Ltd (030350) | $28.36 Billion | -97.50% | 0.33x | $9.22 Million |
| UBcare. Co. Ltd (032620) | $43.84 Billion | 0.00% | 0.25x | $62.90 Million |
| Softcen Co. Ltd (032680) | $31.47 Billion | 0.00% | 0.35x | $4.89 Million |
| InfoBank Corporation (039290) | $61.17 Billion | 2.36% | 0.46x | $15.68 Million |
| Korea Business News Co. Ltd (039340) | $138.21 Billion | 13.77% | 0.26x | $22.06 Million |
| Total Soft Bank Ltd (045340) | $21.85 Billion | 17.29% | 0.60x | $26.79 Million |
| DAEA TI Co. Ltd (045390) | $88.26 Billion | 8.00% | 0.44x | $166.31 Million |
| ESTsoft Corp (047560) | $30.29 Billion | -9.09% | 1.71x | $64.92 Million |