Wave Electronics Co. Ltd
Wave Electronics Co., Ltd. manufactures and sells products for wireless telecommunications, defense, and display businesses in South Korea. It offers wireless base stations, repeater amplifiers, filters, IoT modules, RF systems, and network systems; signal processing devices for guided weapons; and masks for OLED panel deposition. The company was formerly known as Wave Telecom Corporation and cha… Read more
Wave Electronics Co. Ltd (095270) - Net Assets
Latest net assets as of September 2025: ₩51.17 Billion KRW
Based on the latest financial reports, Wave Electronics Co. Ltd (095270) has net assets worth ₩51.17 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 (₩100.95 Billion) and total liabilities (₩49.79 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 | ₩51.17 Billion |
| % of Total Assets | 50.68% |
| Annual Growth Rate | 4.27% |
| 5-Year Change | 394.24% |
| 10-Year Change | 60.35% |
| Growth Volatility | 177.64 |
Wave Electronics Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Wave Electronics 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 Wave Electronics Co. Ltd (2011–2024)
The table below shows the annual net assets of Wave Electronics Co. Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩51.58 Billion | -11.23% |
| 2023-12-31 | ₩58.10 Billion | -16.21% |
| 2022-12-31 | ₩69.34 Billion | -11.88% |
| 2021-12-31 | ₩78.68 Billion | +654.00% |
| 2020-12-31 | ₩10.44 Billion | -29.82% |
| 2019-12-31 | ₩14.87 Billion | -65.14% |
| 2018-12-31 | ₩42.65 Billion | +2.15% |
| 2017-12-31 | ₩41.76 Billion | +10.07% |
| 2016-12-31 | ₩37.94 Billion | +17.94% |
| 2015-12-31 | ₩32.16 Billion | +6.85% |
| 2014-12-31 | ₩30.10 Billion | +16.82% |
| 2013-12-31 | ₩25.77 Billion | -12.47% |
| 2012-12-31 | ₩29.44 Billion | -1.73% |
| 2011-12-31 | ₩29.96 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wave Electronics 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 9012.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩19.84 Billion | 38.46% |
| Common Stock | ₩7.49 Billion | 14.51% |
| Other Components | ₩24.25 Billion | 47.03% |
| Total Equity | ₩51.58 Billion | 100.00% |
Wave Electronics Co. Ltd Competitors by Market Cap
The table below lists competitors of Wave Electronics Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Uniquest
KO:077500
|
$40.97 Million |
|
Senstar Technologies Ltd
NASDAQ:SNT
|
$40.97 Million |
|
Goodness Growth Holdings Inc
OTCQX:GDNSF
|
$40.98 Million |
|
Mercator Medical S.A.
WAR:MRC
|
$40.98 Million |
|
Heungkuk F&M I
KO:000540
|
$40.96 Million |
|
SIFCO Industries Inc
NYSE MKT:SIF
|
$40.95 Million |
|
Petra Diamonds Limited
PINK:PDLMF
|
$40.95 Million |
|
Chunghwa Chemical Synthesis & Biotech Co Ltd
TW:1762
|
$40.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wave Electronics Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 58,097,996,280 to 51,575,281,850, a change of -6,522,714,430 (-11.2%).
- Net loss of 6,350,832,610 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-6.35 Billion | -12.31% |
| Other Changes | ₩-171.88 Million | -0.33% |
| Total Change | ₩- | -11.23% |
Book Value vs Market Value Analysis
This analysis compares Wave Electronics 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: 1.28x
- 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 1.46x to 1.28x 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 | ₩3541.63 | ₩5160.00 | x |
| 2017-12-31 | ₩3816.57 | ₩5160.00 | x |
| 2018-12-31 | ₩3735.79 | ₩5160.00 | x |
| 2019-12-31 | ₩1255.60 | ₩5160.00 | x |
| 2020-12-31 | ₩716.84 | ₩5160.00 | x |
| 2021-12-31 | ₩5308.81 | ₩5160.00 | x |
| 2022-12-31 | ₩4678.33 | ₩5160.00 | x |
| 2023-12-31 | ₩4552.79 | ₩5160.00 | x |
| 2024-12-31 | ₩4041.65 | ₩5160.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wave Electronics 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): -12.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.14%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.69x
- Recent ROE (-12.31%) is above the historical average (-44.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -1.60% | -1.19% | 1.01x | 1.32x | ₩-3.49 Billion |
| 2015 | -12.25% | -12.88% | 0.52x | 1.84x | ₩-7.16 Billion |
| 2016 | -9.89% | -8.39% | 0.50x | 2.35x | ₩-7.55 Billion |
| 2017 | 0.97% | 0.73% | 0.63x | 2.11x | ₩-3.77 Billion |
| 2018 | -17.83% | -15.82% | 0.51x | 2.23x | ₩-11.87 Billion |
| 2019 | -239.67% | -95.58% | 0.48x | 5.26x | ₩-37.12 Billion |
| 2020 | -265.92% | -69.73% | 0.66x | 5.77x | ₩-28.79 Billion |
| 2021 | 76.86% | 127.41% | 0.48x | 1.25x | ₩52.61 Billion |
| 2022 | -10.94% | -12.82% | 0.62x | 1.38x | ₩-14.52 Billion |
| 2023 | 1.14% | 0.85% | 0.93x | 1.44x | ₩-5.15 Billion |
| 2024 | -12.31% | -8.14% | 0.90x | 1.69x | ₩-11.51 Billion |
Industry Comparison
This section compares Wave Electronics Co. Ltd's net assets metrics with peer companies in the Communications & Networking industry.
Industry Context
- Industry: Communications & Networking
- Average net assets among peers: $85,937,730,100
- Average return on equity (ROE) among peers: 8.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wave Electronics Co. Ltd (095270) | ₩51.17 Billion | -1.60% | 0.97x | $40.96 Million |
| Eyesvision Corp (031310) | $182.87 Billion | -1.09% | 0.34x | $10.85 Million |
| BG T&A Co (046310) | $71.33 Billion | 18.58% | 0.86x | $25.86 Million |
| SOLiD Inc (050890) | $89.59 Billion | 0.00% | 0.47x | $305.10 Million |
| System and Application Technologies Co. Ltd (060540) | $70.44 Billion | 9.46% | 0.76x | $13.31 Million |
| Homecast Co.Ltd (064240) | $65.18 Billion | 13.08% | 0.54x | $40.69 Million |
| ECSTELECOM Co. Ltd (067010) | $36.75 Billion | 12.65% | 0.38x | $13.51 Million |
| Innowireless Co. Ltd (073490) | $79.45 Billion | 5.76% | 0.17x | $117.11 Million |
| Frtek Co.Ltd (073540) | $44.17 Billion | 0.53% | 0.74x | $11.26 Million |
| Kaonmedia Co Ltd (078890) | $82.38 Billion | 13.80% | 1.29x | $56.34 Million |
| Ace Technologies Corp (088800) | $137.19 Billion | 7.29% | 2.59x | $72.30 Million |