Woory Industrial Co. Ltd (215360) - Net Assets
Based on the latest financial reports, Woory Industrial Co. Ltd (215360) has net assets worth ₩117.52 Billion KRW (≈ $79.64 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 (₩366.26 Billion ≈ $248.21 Million USD) and total liabilities (₩248.74 Billion ≈ $168.57 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 asset allocation strategy of Woory Industrial Co. Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩117.52 Billion |
| % of Total Assets | 32.09% |
| Annual Growth Rate | 8.0% |
| 5-Year Change | -7.19% |
| 10-Year Change | N/A |
| Growth Volatility | 19.51 |
Woory Industrial Co. Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Woory Industrial Co. Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Woory Industrial Co. Ltd market cap and net worth.
Annual Net Assets for Woory Industrial Co. Ltd (2015–2024)
The table below shows the annual net assets of Woory Industrial Co. Ltd from 2015 to 2024. Also explore net asset growth rate of Woory Industrial Co. Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩109.25 Billion ≈ $74.03 Million |
+8.28% |
| 2023-12-31 | ₩100.89 Billion ≈ $68.37 Million |
+21.09% |
| 2022-12-31 | ₩83.32 Billion ≈ $56.46 Million |
-28.97% |
| 2021-12-31 | ₩117.30 Billion ≈ $79.49 Million |
-0.35% |
| 2020-12-31 | ₩117.71 Billion ≈ $79.77 Million |
+3.38% |
| 2019-12-31 | ₩113.87 Billion ≈ $77.17 Million |
+4.66% |
| 2018-12-31 | ₩108.79 Billion ≈ $73.73 Million |
+10.26% |
| 2017-12-31 | ₩98.67 Billion ≈ $66.87 Million |
+48.27% |
| 2016-12-31 | ₩66.55 Billion ≈ $45.10 Million |
+21.76% |
| 2015-12-31 | ₩54.66 Billion ≈ $37.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Woory Industrial 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 484.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩60.20 Billion | 55.10% |
| Common Stock | ₩4.57 Billion | 4.18% |
| Other Components | ₩44.48 Billion | 40.72% |
| Total Equity | ₩109.25 Billion | 100.00% |
Woory Industrial Co. Ltd Competitors by Market Cap
The table below lists competitors of Woory Industrial Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Saeron Auto
KO:075180
|
$38.19 Million |
|
Suzhou QingYue Optoelectronics Technology Co. Ltd. A
SHG:688496
|
$38.19 Million |
|
Pixelworks Inc
NASDAQ:PXLW
|
$38.20 Million |
|
Nephros Inc
NASDAQ:NEPH
|
$38.22 Million |
|
Fokus Mining Corp
V:FKM
|
$38.18 Million |
|
Turism Hotelur
RO:EFO
|
$38.18 Million |
|
Libental
TA:LBTL
|
$38.18 Million |
|
aTyr Pharma, Inc.
NASDAQ:ATYR
|
$38.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Woory Industrial Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 98,358,306,060 to 109,245,817,140, a change of 10,887,511,080 (11.1%).
- Net income of 13,132,076,000 contributed positively to equity growth.
- Dividend payments of 1,506,806,900 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩13.13 Billion | +12.02% |
| Dividends Paid | ₩1.51 Billion | -1.38% |
| Other Changes | ₩-737.76 Million | -0.68% |
| Total Change | ₩- | 11.07% |
Book Value vs Market Value Analysis
This analysis compares Woory Industrial 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: 0.52x
- 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 0.84x to 0.52x 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 | ₩7330.58 | ₩6170.00 | x |
| 2017-12-31 | ₩10805.00 | ₩6170.00 | x |
| 2018-12-31 | ₩11913.32 | ₩6170.00 | x |
| 2019-12-31 | ₩12468.87 | ₩6170.00 | x |
| 2020-12-31 | ₩12889.80 | ₩6170.00 | x |
| 2021-12-31 | ₩12844.61 | ₩6170.00 | x |
| 2022-12-31 | ₩9123.47 | ₩6170.00 | x |
| 2023-12-31 | ₩10770.54 | ₩6170.00 | x |
| 2024-12-31 | ₩11962.76 | ₩6170.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Woory Industrial 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): 12.02%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.57%
- • Asset Turnover: 1.57x
- • Equity Multiplier: 2.97x
- Recent ROE (12.02%) is above the historical average (8.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 18.90% | 5.25% | 1.06x | 3.41x | ₩4.86 Billion |
| 2016 | 19.78% | 5.09% | 1.37x | 2.84x | ₩6.51 Billion |
| 2017 | 11.93% | 4.21% | 1.21x | 2.34x | ₩1.90 Billion |
| 2018 | 11.24% | 3.67% | 1.33x | 2.29x | ₩1.34 Billion |
| 2019 | 6.44% | 2.30% | 1.30x | 2.16x | ₩-4.06 Billion |
| 2020 | 4.45% | 1.81% | 1.16x | 2.12x | ₩-6.53 Billion |
| 2021 | 0.33% | 0.14% | 1.17x | 2.08x | ₩-11.34 Billion |
| 2022 | -21.57% | -4.93% | 1.53x | 2.86x | ₩-26.30 Billion |
| 2023 | 18.00% | 3.83% | 1.48x | 3.17x | ₩7.87 Billion |
| 2024 | 12.02% | 2.57% | 1.57x | 2.97x | ₩2.21 Billion |
Industry Comparison
This section compares Woory Industrial Co. Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $322,292,007,594
- Average return on equity (ROE) among peers: 8.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Woory Industrial Co. Ltd (215360) | ₩117.52 Billion | 18.90% | 2.12x | $38.18 Million |
| Hankook Tire Worldwide (000240) | $1.11 Trillion | 8.96% | 1.42x | $1.55 Billion |
| Daewonkangup (000430) | $407.09 Billion | 8.93% | 1.35x | $203.57 Million |
| SG Choongbang Co Ltd (001380) | $93.38 Billion | 10.53% | 0.38x | $37.18 Million |
| Tae Won Mulsan (001420) | $32.20 Billion | 1.67% | 0.19x | $14.78 Million |
| Dongkook Ind (001620) | $104.18 Billion | 7.23% | 0.94x | $162.16 Million |
| PS Tec. Co. Ltd (002230) | $61.73 Billion | 10.69% | 0.37x | $53.70 Million |
| Nexen Tire (002350) | $278.04 Billion | 0.00% | 2.59x | $370.16 Million |
| Nexen Tire Prf 1 (002355) | $933.36 Billion | 13.77% | 1.71x | $17.31 Million |
| Dayou A-Tech (002880) | $44.11 Billion | 11.75% | 6.59x | $108.06 Million |
| Yoo Sung Ent (002920) | $161.80 Billion | 8.25% | 0.37x | $32.33 Million |
About Woory Industrial Co. Ltd
Woory Industrial Co., Ltd. manufactures and sells automotive parts and components for IC and electric engines in South Korea and internationally. The company offers actuators, including HVAC, AAF, HLLD, swivel, and bi-function actuators; heaters, such as high and low voltage PTC, coolant, and COD heaters; control heads; and sensors, including power module, blower resistor, PAS, and seat belt remi… Read more