Truwin Co Ltd (105550) - Net Assets
Based on the latest financial reports, Truwin Co Ltd (105550) has net assets worth ₩112.77 Billion KRW (≈ $76.42 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩168.14 Billion ≈ $113.95 Million USD) and total liabilities (₩55.37 Billion ≈ $37.52 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 105550 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩112.77 Billion |
| % of Total Assets | 67.07% |
| Annual Growth Rate | 13.59% |
| 5-Year Change | 113.42% |
| 10-Year Change | 510.71% |
| Growth Volatility | 32.41 |
Truwin Co Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Truwin Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 105550 market cap.
Annual Net Assets for Truwin Co Ltd (2014–2025)
The table below shows the annual net assets of Truwin Co Ltd from 2014 to 2025. Also explore how fast is Truwin Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩128.44 Billion ≈ $87.04 Million |
+67.10% |
| 2024-12-31 | ₩76.86 Billion ≈ $52.09 Million |
+36.92% |
| 2023-12-31 | ₩56.13 Billion ≈ $38.04 Million |
-17.57% |
| 2022-12-31 | ₩68.10 Billion ≈ $46.15 Million |
+13.15% |
| 2021-12-31 | ₩60.18 Billion ≈ $40.78 Million |
+65.09% |
| 2020-12-31 | ₩36.45 Billion ≈ $24.70 Million |
+46.78% |
| 2019-12-31 | ₩24.84 Billion ≈ $16.83 Million |
+12.77% |
| 2018-12-31 | ₩22.02 Billion ≈ $14.93 Million |
+26.99% |
| 2017-12-31 | ₩17.34 Billion ≈ $11.75 Million |
-17.53% |
| 2016-12-31 | ₩21.03 Billion ≈ $14.25 Million |
-35.45% |
| 2015-12-31 | ₩32.58 Billion ≈ $22.08 Million |
+3.08% |
| 2014-12-31 | ₩31.61 Billion ≈ $21.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Truwin 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 715.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩191.20 Billion | 148.87% |
| Total Equity | ₩128.44 Billion | 100.00% |
Truwin Co Ltd Competitors by Market Cap
The table below lists competitors of Truwin Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hansung Ent
KO:003680
|
$17.95 Million |
|
Chemomab Therapeutics Ltd DRC
NASDAQ:CMMB
|
$17.95 Million |
|
Wealth Minerals Ltd.
V:WML
|
$17.96 Million |
|
Fathom Holdings Inc
NASDAQ:FTHM
|
$17.96 Million |
|
Chiangmai Frozen Foods Public Company Limited
BK:CM
|
$17.94 Million |
|
Allarity Therapeutics Inc
NASDAQ:ALLR
|
$17.93 Million |
|
Elspec
TA:ELSPC
|
$17.92 Million |
|
OYAK Yatirim Ortakligi AS
IS:OYAYO
|
$17.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Truwin Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 76,862,215,140 to 128,436,737,300, a change of 51,574,522,160 (67.1%).
- Net income of 15,697,205,120 contributed positively to equity growth.
- Share repurchases of 75,127,160 reduced equity.
- New share issuances of 2,528,811,010 increased equity.
- Other factors increased equity by 33,423,633,190.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩15.70 Billion | +12.22% |
| Share Repurchases | ₩75.13 Million | -0.06% |
| Share Issuances | ₩2.53 Billion | +1.97% |
| Other Changes | ₩33.42 Billion | +26.02% |
| Total Change | ₩- | 67.10% |
Book Value vs Market Value Analysis
This analysis compares Truwin 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: 0.19x
- 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 decreased from 1.51x to 0.19x 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 | ₩1120.10 | ₩1691.00 | x |
| 2017-12-31 | ₩888.05 | ₩1691.00 | x |
| 2018-12-31 | ₩1022.51 | ₩1691.00 | x |
| 2019-12-31 | ₩1061.65 | ₩1691.00 | x |
| 2020-12-31 | ₩1383.43 | ₩1691.00 | x |
| 2021-12-31 | ₩1534.68 | ₩1691.00 | x |
| 2022-12-31 | ₩1536.06 | ₩1691.00 | x |
| 2023-12-31 | ₩1221.01 | ₩1691.00 | x |
| 2024-12-31 | ₩1213.61 | ₩1691.00 | x |
| 2025-12-31 | ₩8961.12 | ₩1691.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Truwin 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): 12.22%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 43.14%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.38x
- Recent ROE (12.22%) is above the historical average (-18.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 7.03% | 6.14% | 0.68x | 1.68x | ₩-939.30 Million |
| 2015 | -11.61% | -11.76% | 0.43x | 2.30x | ₩-7.04 Billion |
| 2016 | -92.93% | -58.82% | 0.43x | 3.69x | ₩-21.65 Billion |
| 2017 | -38.06% | -18.65% | 0.59x | 3.48x | ₩-8.33 Billion |
| 2018 | -5.45% | -3.57% | 0.64x | 2.38x | ₩-3.40 Billion |
| 2019 | -12.79% | -10.75% | 0.53x | 2.26x | ₩-5.66 Billion |
| 2020 | 1.74% | 1.68% | 0.39x | 2.62x | ₩-3.01 Billion |
| 2021 | -16.69% | -25.34% | 0.34x | 1.94x | ₩-16.06 Billion |
| 2022 | -7.96% | -15.05% | 0.32x | 1.68x | ₩-12.23 Billion |
| 2023 | -38.00% | -57.59% | 0.36x | 1.86x | ₩-26.94 Billion |
| 2024 | -23.43% | -48.29% | 0.28x | 1.71x | ₩-25.70 Billion |
| 2025 | 12.22% | 43.14% | 0.21x | 1.38x | ₩2.85 Billion |
Industry Comparison
This section compares Truwin Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $785,715,498,647
- Average return on equity (ROE) among peers: 5.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Truwin Co Ltd (105550) | ₩112.77 Billion | 7.03% | 0.49x | $17.95 Million |
| Hankook Tire Worldwide (000240) | $4.45 Trillion | 7.88% | 0.15x | $1.58 Billion |
| Daewonkangup (000430) | $570.72 Billion | 3.05% | 0.90x | $206.93 Million |
| SG Choongbang Co Ltd (001380) | $82.23 Billion | 0.00% | 0.26x | $36.26 Million |
| Tae Won Mulsan (001420) | $31.62 Billion | -0.08% | 0.21x | $14.88 Million |
| Dongkook Ind (001620) | $68.82 Billion | 0.00% | 0.64x | $162.53 Million |
| PS Tec. Co. Ltd (002230) | $55.84 Billion | 6.96% | 0.18x | $55.82 Million |
| Nexen Tire (002350) | $1.60 Trillion | -1.74% | 1.47x | $364.29 Million |
| Nexen Tire Prf 1 (002355) | $797.00 Billion | 15.39% | 1.89x | $17.36 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $108.06 Million |
| Yoo Sung Ent (002920) | $149.62 Billion | 8.63% | 0.38x | $32.40 Million |
About Truwin Co Ltd
Edge Foundry Co.,Ltd., operates as a specialty displacement sensor company. It offers accelerator pedal sensors, brake pedal sensors, clutch pedal sensors, brake pedal switches, throttle position sensors, electronic shift monitor sensors, air pressure sensors, and lining wear sensors, as well as coil assemblies for oil control valves and injectors. The company was formerly known as Truwin Company… Read more