Winpac Inc
WINPAC Inc. produces and sells semiconductor packaging and testing solutions in South Korea. Its packaging products comprise fine pitch ball grid array typed packages for flash/SRAM/fast SRAM, flash/SRAM MCP/DRAM, and ASIC/logic/analog IC packaging; land grid array type packages for PC, memory, DDR2, graphic memory, and mobile phone packaging; and POP and flip chip package products. The company's… Read more
Winpac Inc (097800) - Net Assets
Latest net assets as of September 2025: ₩66.30 Billion KRW
Based on the latest financial reports, Winpac Inc (097800) has net assets worth ₩66.30 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 (₩139.73 Billion) and total liabilities (₩73.42 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 | ₩66.30 Billion |
| % of Total Assets | 47.45% |
| Annual Growth Rate | 5.3% |
| 5-Year Change | 27.31% |
| 10-Year Change | 106.84% |
| Growth Volatility | 25.95 |
Winpac Inc - Net Assets Trend (2014–2024)
This chart illustrates how Winpac 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 Winpac Inc (2014–2024)
The table below shows the annual net assets of Winpac Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩66.16 Billion | +41.59% |
| 2023-12-31 | ₩46.72 Billion | -38.64% |
| 2022-12-31 | ₩76.15 Billion | +15.64% |
| 2021-12-31 | ₩65.85 Billion | +26.73% |
| 2020-12-31 | ₩51.97 Billion | +10.45% |
| 2019-12-31 | ₩47.05 Billion | +26.54% |
| 2018-12-31 | ₩37.18 Billion | +11.93% |
| 2017-12-31 | ₩33.22 Billion | +37.63% |
| 2016-12-31 | ₩24.14 Billion | -24.54% |
| 2015-12-31 | ₩31.99 Billion | -18.94% |
| 2014-12-31 | ₩39.46 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Winpac 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 decreased by 1373.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩58.23 Billion | 88.01% |
| Other Components | ₩87.17 Billion | 131.76% |
| Total Equity | ₩66.16 Billion | 100.00% |
Winpac Inc Competitors by Market Cap
The table below lists competitors of Winpac Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Answear.com S.A.
WAR:ANR
|
$17.42 Million |
|
Maison Internationale de lInformatique M2I SAS
PA:ALMII
|
$17.42 Million |
|
Bonasudden Holding AB
ST:BONAS
|
$17.42 Million |
|
Coeur d'Alene Bancorp Inc
PINK:CDAB
|
$17.42 Million |
|
Ridgeline Minerals Corp
OTCQB:RDGMF
|
$17.42 Million |
|
Alta Copper Corp.
OTCQX:ATCUF
|
$17.41 Million |
|
AB Zemaitijos pienas
MU:IU8
|
$17.41 Million |
|
News Network Corporation Public Company Limited
BK:NEWS
|
$17.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Winpac Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,724,274,290 to 66,159,050,650, a change of 19,434,776,360 (41.6%).
- Net loss of 29,995,408,630 reduced equity.
- Share repurchases of 47,633,525,910 reduced equity.
- New share issuances of 47,633,525,910 increased equity.
- Other factors increased equity by 49,430,184,990.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-30.00 Billion | -45.34% |
| Share Repurchases | ₩47.63 Billion | -72.0% |
| Share Issuances | ₩47.63 Billion | +72.0% |
| Other Changes | ₩49.43 Billion | +74.71% |
| Total Change | ₩- | 41.59% |
Book Value vs Market Value Analysis
This analysis compares Winpac 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: 0.73x
- 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 0.36x to 0.73x 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 | ₩1157.86 | ₩415.00 | x |
| 2017-12-31 | ₩974.41 | ₩415.00 | x |
| 2018-12-31 | ₩1030.45 | ₩415.00 | x |
| 2019-12-31 | ₩1263.01 | ₩415.00 | x |
| 2020-12-31 | ₩1357.07 | ₩415.00 | x |
| 2021-12-31 | ₩1325.91 | ₩415.00 | x |
| 2022-12-31 | ₩1278.05 | ₩415.00 | x |
| 2023-12-31 | ₩784.17 | ₩415.00 | x |
| 2024-12-31 | ₩568.13 | ₩415.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Winpac 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): -45.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -40.46%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.16x
- Recent ROE (-45.34%) is below the historical average (-19.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -12.87% | -10.10% | 0.55x | 2.31x | ₩-9.03 Billion |
| 2015 | -25.27% | -18.66% | 0.56x | 2.43x | ₩-11.28 Billion |
| 2016 | -53.56% | -37.21% | 0.49x | 2.93x | ₩-15.34 Billion |
| 2017 | -21.47% | -15.13% | 0.66x | 2.14x | ₩-10.45 Billion |
| 2018 | 3.97% | 2.18% | 0.90x | 2.02x | ₩-2.24 Billion |
| 2019 | 19.75% | 9.49% | 0.83x | 2.50x | ₩4.59 Billion |
| 2020 | 9.91% | 4.68% | 0.82x | 2.58x | ₩-48.74 Million |
| 2021 | -12.55% | -8.15% | 0.65x | 2.36x | ₩-14.85 Billion |
| 2022 | -2.06% | -1.03% | 0.85x | 2.34x | ₩-9.19 Billion |
| 2023 | -71.26% | -38.63% | 0.58x | 3.20x | ₩-37.97 Billion |
| 2024 | -45.34% | -40.46% | 0.52x | 2.16x | ₩-36.61 Billion |
Industry Comparison
This section compares Winpac Inc's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $4,884,693,441,806
- Average return on equity (ROE) among peers: 9.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Winpac Inc (097800) | ₩66.30 Billion | -12.87% | 1.11x | $17.42 Million |
| SK Hynix Inc (000660) | $46.85 Trillion | 33.17% | 0.36x | $359.51 Billion |
| DB HiTek Co Ltd (000990) | $375.96 Billion | 10.99% | 1.60x | $1.65 Billion |
| Charm Engine (009310) | $103.16 Billion | 14.91% | 1.03x | $6.17 Million |
| Auk Corp (017900) | $78.53 Billion | 4.40% | 1.19x | $27.81 Million |
| SFA Semicon Co. Ltd (036540) | $455.60 Billion | 9.42% | 0.48x | $348.99 Million |
| Fine Semitech Corp (036810) | $239.77 Billion | -5.65% | 0.71x | $388.60 Million |
| Seoul Semiconductor Co. Ltd (046890) | $187.09 Billion | 9.45% | 0.31x | $285.72 Million |
| Kona I Co.Ltd (052400) | $82.57 Billion | -11.14% | 2.49x | $351.95 Million |
| Telechips Inc (054450) | $246.20 Billion | 25.44% | 0.52x | $90.74 Million |
| APS Holdings Corporation (054620) | $225.71 Billion | -0.59% | 0.83x | $45.27 Million |