TWIM Corp.
Twim Corp. engages in the application software development business. It offers AI machine vision solutions to secondary batteries, solar power, displays, automobiles and tires, food, steelmaking, chemicals, and metal industries. The company was founded in 2010 and is headquartered in Hwaseong-si, South Korea.
TWIM Corp. (290090) - Net Assets
Latest net assets as of September 2025: ₩63.87 Billion KRW
Based on the latest financial reports, TWIM Corp. (290090) has net assets worth ₩63.87 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 (₩69.94 Billion) and total liabilities (₩6.07 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 | ₩63.87 Billion |
| % of Total Assets | 91.32% |
| Annual Growth Rate | 7.31% |
| 5-Year Change | 43.94% |
| 10-Year Change | N/A |
| Growth Volatility | 24.66 |
TWIM Corp. - Net Assets Trend (2018–2024)
This chart illustrates how TWIM Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TWIM Corp. (2018–2024)
The table below shows the annual net assets of TWIM Corp. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩66.11 Billion | -0.35% |
| 2023-12-31 | ₩66.34 Billion | +0.54% |
| 2022-12-31 | ₩65.99 Billion | -11.99% |
| 2021-12-31 | ₩74.98 Billion | +63.26% |
| 2020-12-31 | ₩45.93 Billion | +7.36% |
| 2019-12-31 | ₩42.78 Billion | -1.16% |
| 2018-12-31 | ₩43.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TWIM Corp.'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 0.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩37.87 Billion | 57.28% |
| Common Stock | ₩3.72 Billion | 5.62% |
| Other Components | ₩24.53 Billion | 37.10% |
| Total Equity | ₩66.11 Billion | 100.00% |
TWIM Corp. Competitors by Market Cap
The table below lists competitors of TWIM Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Supra Boga Lestari Tbk
JK:RANC
|
$6.55 Million |
|
Baan Rock Garden Public Company Limited
BK:BROCK
|
$6.55 Million |
|
Precipitate Gold Corp
OTCQB:PREIF
|
$6.56 Million |
|
T-Conn Precision Corporation
TWO:6833
|
$6.56 Million |
|
Japan Real Estate Investment Corporation
F:JUA
|
$6.55 Million |
|
PT Segar Kumala Indonesia Tbk
JK:BUAH
|
$6.55 Million |
|
MAG Interactive AB (publ)
ST:MAGI
|
$6.55 Million |
|
Recon Technology Ltd
NASDAQ:RCON
|
$6.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TWIM Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 66,341,418,720 to 66,108,854,570, a change of -232,564,150 (-0.4%).
- Net income of 1,642,390,320 contributed positively to equity growth.
- Dividend payments of 2,006,458,200 reduced retained earnings.
- Share repurchases of 120,763,300 reduced equity.
- New share issuances of 120,763,300 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.64 Billion | +2.48% |
| Dividends Paid | ₩2.01 Billion | -3.04% |
| Share Repurchases | ₩120.76 Million | -0.18% |
| Share Issuances | ₩120.76 Million | +0.18% |
| Other Changes | ₩131.50 Million | +0.2% |
| Total Change | ₩- | -0.35% |
Book Value vs Market Value Analysis
This analysis compares TWIM Corp.'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: 0.59x
- 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 0.94x to 0.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ₩5965.89 | ₩5580.00 | x |
| 2019-12-31 | ₩5896.85 | ₩5580.00 | x |
| 2020-12-31 | ₩6330.62 | ₩5580.00 | x |
| 2021-12-31 | ₩10314.51 | ₩5580.00 | x |
| 2022-12-31 | ₩9248.14 | ₩5580.00 | x |
| 2023-12-31 | ₩9507.96 | ₩5580.00 | x |
| 2024-12-31 | ₩9438.11 | ₩5580.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TWIM Corp. 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): 2.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.61%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.09x
- Recent ROE (2.48%) is above the historical average (-1.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -9.76% | -73.56% | 0.12x | 1.09x | ₩-8.55 Billion |
| 2019 | -6.67% | -27.40% | 0.23x | 1.04x | ₩-7.13 Billion |
| 2020 | 6.35% | 15.97% | 0.34x | 1.15x | ₩-1.68 Billion |
| 2021 | 2.97% | 10.29% | 0.27x | 1.08x | ₩-5.27 Billion |
| 2022 | -8.08% | -27.25% | 0.27x | 1.11x | ₩-11.93 Billion |
| 2023 | 4.49% | 8.63% | 0.44x | 1.19x | ₩-3.66 Billion |
| 2024 | 2.48% | 5.61% | 0.40x | 1.09x | ₩-4.97 Billion |
Industry Comparison
This section compares TWIM Corp.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $45,786,090,292
- Average return on equity (ROE) among peers: -4.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TWIM Corp. (290090) | ₩63.87 Billion | -9.76% | 0.10x | $6.55 Million |
| Douzone Bizon Co Ltd (012510) | $82.16 Billion | 20.47% | 1.34x | $1.46 Billion |
| NuriFlex Co.Ltd (040160) | $60.32 Billion | 2.29% | 0.53x | $46.47 Million |
| Raonsecure Co. Ltd (042510) | $50.48 Billion | 7.96% | 0.42x | $39.59 Million |
| Osangjaiel Co. Ltd (053980) | $35.39 Billion | 4.33% | 0.74x | $26.27 Million |
| Emro Inc. (058970) | $11.53 Billion | 8.73% | 1.15x | $159.67 Million |
| LONGTU KOREA Inc (060240) | $3.59 Billion | 0.00% | 5.53x | $3.02 Million |
| Younglimwon Soft Lab Co. Ltd. (060850) | $4.11 Billion | -86.33% | 4.58x | $23.73 Million |
| Gemvaxlink Co. Ltd (064800) | $169.44 Billion | -11.42% | 0.21x | $44.93 Million |
| 088340 (088340) | $8.99 Billion | 9.77% | 1.57x | $20.38 Million |
| Mobileleader Co.Ltd (100030) | $31.85 Billion | 0.00% | 0.11x | $19.75 Million |