WINS Co. Ltd (136540) - Net Assets
Based on the latest financial reports, WINS Co. Ltd (136540) has net assets worth ₩177.95 Billion KRW (≈ $120.59 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩191.98 Billion ≈ $130.10 Million USD) and total liabilities (₩14.03 Billion ≈ $9.51 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 financial resilience of WINS Co. Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩177.95 Billion |
| % of Total Assets | 92.69% |
| Annual Growth Rate | 12.3% |
| 5-Year Change | 38.99% |
| 10-Year Change | 119.68% |
| Growth Volatility | 15.52 |
WINS Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how WINS Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of WINS Co. Ltd for the complete picture of this company's asset base.
Annual Net Assets for WINS Co. Ltd (2011–2024)
The table below shows the annual net assets of WINS Co. Ltd from 2011 to 2024. For live valuation and market cap data, see 136540 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩176.66 Billion ≈ $119.72 Million |
-7.64% |
| 2023-12-31 | ₩191.28 Billion ≈ $129.63 Million |
+11.02% |
| 2022-12-31 | ₩172.29 Billion ≈ $116.76 Million |
+8.62% |
| 2021-12-31 | ₩158.62 Billion ≈ $107.49 Million |
+24.80% |
| 2020-12-31 | ₩127.10 Billion ≈ $86.13 Million |
+12.59% |
| 2019-12-31 | ₩112.88 Billion ≈ $76.50 Million |
+10.67% |
| 2018-12-31 | ₩102.00 Billion ≈ $69.12 Million |
+12.97% |
| 2017-12-31 | ₩90.29 Billion ≈ $61.19 Million |
+4.80% |
| 2016-12-31 | ₩86.16 Billion ≈ $58.39 Million |
+7.14% |
| 2015-12-31 | ₩80.42 Billion ≈ $54.50 Million |
+52.37% |
| 2012-12-31 | ₩52.78 Billion ≈ $35.77 Million |
+34.98% |
| 2011-12-31 | ₩39.10 Billion ≈ $26.50 Million |
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Equity Component Analysis
This analysis shows how different components contribute to WINS 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 1799.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩116.38 Billion | 65.88% |
| Common Stock | ₩6.93 Billion | 3.92% |
| Other Components | ₩53.34 Billion | 30.19% |
| Total Equity | ₩176.66 Billion | 100.00% |
WINS Co. Ltd Competitors by Market Cap
The table below lists competitors of WINS Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Leo Systems
TWO:5410
|
$95.13 Million |
|
myNEWS Holdings Bhd
KLSE:5275
|
$95.14 Million |
|
Viatron Technologies Inc
KQ:141000
|
$95.15 Million |
|
Ester Industries Limited
NSE:ESTER
|
$95.17 Million |
|
BMT Co. Ltd
KQ:086670
|
$95.10 Million |
|
Super Dragon Technology Co Ltd
TW:9955
|
$95.09 Million |
|
Interpark Co. Ltd
KQ:035080
|
$95.08 Million |
|
Largo Resources Ltd
TO:LGO
|
$95.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WINS Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 187,325,131,810 to 176,657,780,130, a change of -10,667,351,680 (-5.7%).
- Net income of 19,759,321,860 contributed positively to equity growth.
- Dividend payments of 6,267,642,560 reduced retained earnings.
- Share repurchases of 24,171,547,590 reduced equity.
- New share issuances of 49,320,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩19.76 Billion | +11.19% |
| Dividends Paid | ₩6.27 Billion | -3.55% |
| Share Repurchases | ₩24.17 Billion | -13.68% |
| Share Issuances | ₩49.32 Million | +0.03% |
| Other Changes | ₩-36.80 Million | -0.02% |
| Total Change | ₩- | -5.69% |
Book Value vs Market Value Analysis
This analysis compares WINS 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: 0.81x
- 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 1.63x to 0.81x 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 | ₩7988.63 | ₩13000.00 | x |
| 2017-12-31 | ₩8482.93 | ₩13000.00 | x |
| 2018-12-31 | ₩9231.10 | ₩13000.00 | x |
| 2019-12-31 | ₩10246.10 | ₩13000.00 | x |
| 2020-12-31 | ₩11569.84 | ₩13000.00 | x |
| 2021-12-31 | ₩12698.08 | ₩13000.00 | x |
| 2022-12-31 | ₩13734.44 | ₩13000.00 | x |
| 2023-12-31 | ₩14933.33 | ₩13000.00 | x |
| 2024-12-31 | ₩16062.53 | ₩13000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WINS 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): 11.19%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.48%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.15x
- Recent ROE (11.19%) is below the historical average (12.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 15.67% | 14.65% | 0.91x | 1.18x | ₩2.22 Billion |
| 2012 | 23.89% | 20.26% | 0.96x | 1.23x | ₩7.33 Billion |
| 2015 | 12.73% | 15.79% | 0.64x | 1.27x | ₩2.20 Billion |
| 2016 | 10.21% | 11.95% | 0.58x | 1.46x | ₩176.68 Million |
| 2017 | 8.87% | 11.12% | 0.54x | 1.48x | ₩-1.02 Billion |
| 2018 | 11.35% | 16.38% | 0.46x | 1.51x | ₩1.38 Billion |
| 2019 | 12.96% | 17.82% | 0.49x | 1.48x | ₩3.34 Billion |
| 2020 | 14.35% | 19.43% | 0.53x | 1.39x | ₩5.52 Billion |
| 2021 | 11.61% | 19.09% | 0.51x | 1.19x | ₩2.55 Billion |
| 2022 | 11.18% | 18.99% | 0.49x | 1.19x | ₩2.03 Billion |
| 2023 | 11.26% | 19.73% | 0.48x | 1.18x | ₩2.35 Billion |
| 2024 | 11.19% | 19.48% | 0.50x | 1.15x | ₩2.09 Billion |
Industry Comparison
This section compares WINS Co. Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,003,645,084,906
- Average return on equity (ROE) among peers: -2.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WINS Co. Ltd (136540) | ₩177.95 Billion | 15.67% | 0.08x | $95.13 Million |
| CItech Co Ltd (004920) | $47.82 Billion | -13.20% | 0.66x | $41.29 Million |
| Ssangyong Information & Communications Corp (010280) | $39.36 Billion | 11.62% | 1.60x | $262.15 Million |
| DB INC (012030) | $110.25 Billion | -112.95% | 2.32x | $260.21 Million |
| Samsung SDS Co Ltd (018260) | $8.47 Trillion | 12.99% | 0.41x | $8.71 Billion |
| Daou Tech (023590) | $591.90 Billion | 13.31% | 1.85x | $1.36 Billion |
| Daou Data Corp (032190) | $435.38 Billion | 7.59% | 43.43x | $598.27 Million |
| Shinsegae I&C (035510) | $192.27 Billion | 15.22% | 0.59x | $187.97 Million |
| WIZ CORP Inc (038620) | $40.73 Billion | 3.61% | 0.13x | $24.55 Million |
| KL-Net Corp (039420) | $44.40 Billion | 13.39% | 0.19x | $42.44 Million |
| Leenos Corp (039980) | $67.37 Billion | 22.67% | 0.47x | $453.43 Million |
About WINS Co. Ltd
WINS Technet Co., Ltd. provides information security solutions and services in South Korea. The company offers SNIPER ONE-i, an intelligent intrusion prevention system; SNIPER NGFW, a smart next-generation firewall; SNIPER ONE-d, a DDoS response system; SNIPER AP, a sand box-based APT response system; SNIPER TMS-Plus, information security management solutions; and SNIPER BD1 AI Plus, an integrate… Read more