Wemade Co.Ltd Net Assets
Wemade Co.Ltd net assets. Based on the latest financial reports, Wemade Co.Ltd (112040) has net assets worth ₩796.32 Billion KRW (≈ $539.66 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 (₩1.66 Trillion ≈ $1.12 Billion USD) and total liabilities (₩861.45 Billion ≈ $583.79 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. Also explore 112040 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩796.32 Billion |
| % of Total Assets | 48.04% |
| Annual Growth Rate | 6.47% |
| 5-Year Change | 30.49% |
| 10-Year Change | 176.5% |
| Growth Volatility | 47.17 |
Net Assets of Wemade Co.Ltd (2010–2025)
Net assets of Wemade Co.Ltd from 2010 to 2025. This chart illustrates how Wemade Co.Ltd's net assets have evolved over time, based on quarterly financial data. See Wemade Co.Ltd (112040) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Wemade Co.Ltd (2010–2025)
The table below shows the annual net assets of Wemade Co.Ltd from 2010 to 2025. For live market cap and overall valuation, see 112040 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩812.66 Billion ≈ $550.73 Million |
-2.31% |
| 2024-12-31 | ₩831.90 Billion ≈ $563.76 Million |
+100.37% |
| 2023-12-31 | ₩415.17 Billion ≈ $281.36 Million |
+9.78% |
| 2022-12-31 | ₩378.17 Billion ≈ $256.28 Million |
-39.27% |
| 2021-12-31 | ₩622.75 Billion ≈ $422.03 Million |
+148.32% |
| 2020-12-31 | ₩250.79 Billion ≈ $169.96 Million |
+5.81% |
| 2019-12-31 | ₩237.02 Billion ≈ $160.62 Million |
-8.69% |
| 2018-12-31 | ₩259.58 Billion ≈ $175.91 Million |
-12.32% |
| 2017-12-31 | ₩296.06 Billion ≈ $200.64 Million |
+0.73% |
| 2016-12-31 | ₩293.91 Billion ≈ $199.18 Million |
-18.22% |
| 2015-12-31 | ₩359.39 Billion ≈ $243.56 Million |
-23.24% |
| 2014-12-31 | ₩468.20 Billion ≈ $317.29 Million |
+36.09% |
| 2013-12-31 | ₩344.04 Billion ≈ $233.15 Million |
+1.52% |
| 2012-12-31 | ₩338.89 Billion ≈ $229.66 Million |
+2.53% |
| 2011-12-31 | ₩330.54 Billion ≈ $224.01 Million |
+4.10% |
| 2010-12-31 | ₩317.52 Billion ≈ $215.18 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Wemade 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 1260.8% over the analyzed period, indicating profitable operations and earnings retention.
Wemade Co.Ltd Net Assets Breakdown (December 2025)
Wemade Co.Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩173.38 Billion | 42.62% |
| Other Components | ₩233.40 Billion | 57.38% |
| Total Equity | ₩406.77 Billion | 100.00% |
Wemade Co.Ltd Competitors by Market Cap
The table below lists competitors of Wemade Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Isu Chemical Co Ltd
KO:005950
|
$147.75 Million |
|
Alicanto Minerals Ltd
AU:AQI
|
$147.77 Million |
|
Sinmag Equipment
TWO:1580
|
$147.83 Million |
|
Areeya Property Public Company Limited
BK:A
|
$147.84 Million |
|
STEEL EXCHANGE INDIA LIMITED
NSE:STEELXIND
|
$147.60 Million |
|
CVW Sustainable Royalties Inc.
V:CVW
|
$147.55 Million |
|
Hope Education Group Co. Ltd
F:HE1
|
$147.46 Million |
|
Prospect Resources Ltd
AU:PSC
|
$147.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wemade Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 429,380,239,310 to 406,771,964,090, a change of -22,608,275,220 (-5.3%).
- Net loss of 18,618,755,660 reduced equity.
- Dividend payments of 60,066,240 reduced retained earnings.
- New share issuances of 352,013,400 increased equity.
- Other factors decreased equity by 4,281,466,720.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-18.62 Billion | -4.58% |
| Dividends Paid | ₩60.07 Million | -0.01% |
| Share Issuances | ₩352.01 Million | +0.09% |
| Other Changes | ₩-4.28 Billion | -1.05% |
| Total Change | ₩- | -5.27% |
Book Value vs Market Value Analysis
This analysis compares Wemade 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: 1.10x
- 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 1.50x to 1.10x 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 | ₩8850.90 | ₩13290.00 | x |
| 2017-12-31 | ₩8898.84 | ₩13290.00 | x |
| 2018-12-31 | ₩7914.19 | ₩13290.00 | x |
| 2019-12-31 | ₩7225.84 | ₩13290.00 | x |
| 2020-12-31 | ₩7643.15 | ₩13290.00 | x |
| 2021-12-31 | ₩18882.79 | ₩13290.00 | x |
| 2022-12-31 | ₩11305.62 | ₩13290.00 | x |
| 2023-12-31 | ₩7866.45 | ₩13290.00 | x |
| 2024-12-31 | ₩12773.43 | ₩13290.00 | x |
| 2025-12-31 | ₩12033.22 | ₩13290.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wemade 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): -4.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.03%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 4.29x
- Recent ROE (-4.58%) is below the historical average (-3.92%), 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 | 52.56% | 130.20% | 0.30x | 1.35x | ₩171.51 Billion |
| 2015 | -29.87% | -84.80% | 0.26x | 1.37x | ₩-143.28 Billion |
| 2016 | -24.14% | -65.71% | 0.27x | 1.37x | ₩-100.35 Billion |
| 2017 | 3.29% | 8.89% | 0.24x | 1.53x | ₩-19.87 Billion |
| 2018 | -5.10% | -10.41% | 0.36x | 1.35x | ₩-39.19 Billion |
| 2019 | -4.22% | -8.80% | 0.38x | 1.25x | ₩-33.71 Billion |
| 2020 | -2.92% | -5.80% | 0.39x | 1.29x | ₩-32.40 Billion |
| 2021 | 49.25% | 91.55% | 0.33x | 1.65x | ₩244.42 Billion |
| 2022 | -49.03% | -40.01% | 0.32x | 3.78x | ₩-223.24 Billion |
| 2023 | -76.17% | -33.12% | 0.42x | 5.44x | ₩-226.77 Billion |
| 2024 | 43.88% | 26.47% | 0.38x | 4.37x | ₩145.48 Billion |
| 2025 | -4.58% | -3.03% | 0.35x | 4.29x | ₩-59.30 Billion |
Industry Comparison
This section compares Wemade 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: $59,149,448,794
- Average return on equity (ROE) among peers: -14.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wemade Co.Ltd (112040) | ₩796.32 Billion | 52.56% | 1.08x | $147.70 Million |
| Daishin Information & Communications Co.Ltd (020180) | $28.59 Billion | -0.17% | 1.98x | $95.32 Million |
| PLAYWITH Inc (023770) | $25.93 Billion | -23.11% | 0.68x | $5.19 Million |
| Hancom Inc (030520) | $235.44 Billion | 8.18% | 1.77x | $224.44 Million |
| UBcare. Co. Ltd (032620) | $46.55 Billion | 7.65% | 0.48x | $102.27 Million |
| Softcen Co. Ltd (032680) | $32.08 Billion | 9.37% | 1.13x | $19.08 Million |
| InfoBank Corporation (039290) | $61.17 Billion | 2.36% | 0.46x | $14.98 Million |
| Korea Business News Co. Ltd (039340) | $63.21 Billion | 1.25% | 0.16x | $67.19 Million |
| CUROCOM Co. Ltd (040350) | $32.19 Billion | -36.49% | 0.67x | $179.93 Million |
| Polaris Office Corp (041020) | $61.34 Billion | -37.70% | 0.12x | $65.43 Million |
| Total Soft Bank Ltd (045340) | $4.99 Billion | -77.23% | 1.09x | $34.53 Million |
About Wemade Co.Ltd
Wemade Co.,Ltd. develops and publishes mobile and online games worldwide. It also engages in the licensing of intellectual property rights. The company was founded in 2000 and is based in Seongnam, South Korea.