Wanted Lab Inc. (376980) - Net Assets
Based on the latest financial reports, Wanted Lab Inc. (376980) has net assets worth ₩37.75 Billion KRW (≈ $25.58 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 (₩61.56 Billion ≈ $41.72 Million USD) and total liabilities (₩23.81 Billion ≈ $16.14 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 376980 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩37.75 Billion |
| % of Total Assets | 61.32% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 19.98 |
Wanted Lab Inc. - Net Assets Trend (2018–2024)
This chart illustrates how Wanted Lab Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Wanted Lab Inc. total assets for the complete picture of this company's asset base.
Annual Net Assets for Wanted Lab Inc. (2018–2024)
The table below shows the annual net assets of Wanted Lab Inc. from 2018 to 2024. For live valuation and market cap data, see how much is Wanted Lab Inc. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩36.49 Billion ≈ $24.73 Million |
+4.80% |
| 2023-12-31 | ₩34.82 Billion ≈ $23.60 Million |
-18.94% |
| 2022-12-31 | ₩42.96 Billion ≈ $29.11 Million |
+29.98% |
| 2021-12-31 | ₩33.05 Billion ≈ $22.40 Million |
+212.28% |
| 2020-12-31 | ₩-29.44 Billion ≈ $-19.95 Million |
-44.12% |
| 2019-12-31 | ₩-20.43 Billion ≈ $-13.84 Million |
-65.21% |
| 2018-12-31 | ₩-12.36 Billion ≈ $-8.38 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wanted Lab Inc.'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 4442086193000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩31.78 Billion | 87.07% |
| Other Components | ₩4.72 Billion | 12.93% |
| Total Equity | ₩36.49 Billion | 100.00% |
Wanted Lab Inc. Competitors by Market Cap
The table below lists competitors of Wanted Lab Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Riversgold Ltd
AU:RGL
|
$24.29 Million |
|
First Au Ltd
AU:FAU
|
$24.29 Million |
|
Shinhwa Contech Co. Ltd
KQ:187270
|
$24.31 Million |
|
Maisons du Monde SAS
PA:MDM
|
$24.31 Million |
|
Rig Tenders Tbk
JK:RIGS
|
$24.27 Million |
|
Canna Global Acquisition Corp
NYSE:CNGL
|
$24.27 Million |
|
Ark Restaurants Corp
NASDAQ:ARKR
|
$24.27 Million |
|
PLB Engineering Bhd
KLSE:7055
|
$24.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wanted Lab Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 34,824,150,150 to 36,494,506,290, a change of 1,670,356,140 (4.8%).
- Net loss of 1,233,996,650 reduced equity.
- Share repurchases of 1,491,490,000 reduced equity.
- New share issuances of 1,491,490,000 increased equity.
- Other factors increased equity by 2,904,352,790.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-1.23 Billion | -3.38% |
| Share Repurchases | ₩1.49 Billion | -4.09% |
| Share Issuances | ₩1.49 Billion | +4.09% |
| Other Changes | ₩2.90 Billion | +7.96% |
| Total Change | ₩- | 4.80% |
Book Value vs Market Value Analysis
This analysis compares Wanted Lab Inc.'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: 0.98x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ₩-1314.42 | ₩4000.00 | x |
| 2019-12-31 | ₩-2171.57 | ₩4000.00 | x |
| 2020-12-31 | ₩-3129.75 | ₩4000.00 | x |
| 2021-12-31 | ₩3513.94 | ₩4000.00 | x |
| 2022-12-31 | ₩4551.98 | ₩4000.00 | x |
| 2023-12-31 | ₩3829.37 | ₩4000.00 | x |
| 2024-12-31 | ₩4084.73 | ₩4000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wanted Lab Inc. 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): -3.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.36%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.38x
- Recent ROE (-3.38%) is below the historical average (4.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -95.08% | 1.66x | 0.00x | ₩-6.78 Billion |
| 2019 | 0.00% | -95.08% | 0.76x | 0.00x | ₩-5.97 Billion |
| 2020 | 0.00% | -62.42% | 1.01x | 0.00x | ₩-6.23 Billion |
| 2021 | 9.36% | 9.76% | 0.69x | 1.38x | ₩-211.79 Million |
| 2022 | 21.97% | 18.77% | 0.88x | 1.32x | ₩5.14 Billion |
| 2023 | 4.03% | 3.54% | 0.84x | 1.35x | ₩-2.08 Billion |
| 2024 | -3.38% | -3.36% | 0.73x | 1.38x | ₩-4.88 Billion |
Industry Comparison
This section compares Wanted Lab Inc.'s net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $419,791,762,931
- Average return on equity (ROE) among peers: 4.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wanted Lab Inc. (376980) | ₩37.75 Billion | 0.00% | 0.63x | $24.28 Million |
| KidariStudio Inc (020120) | $208.68 Billion | -16.55% | 0.65x | $97.33 Million |
| Naver Corporation (035420) | $2.27 Trillion | 22.86% | 0.93x | $21.38 Billion |
| Kakao Corp (035720) | $456.25 Billion | 23.78% | 0.22x | $14.10 Billion |
| KT Hitel Corporation. Limited (036030) | $196.01 Billion | 0.00% | 0.17x | $170.08 Million |
| YTN Co.Ltd (040300) | $188.12 Billion | 0.37% | 0.52x | $112.12 Million |
| NEOWIZ HOLDINGS Corporation (042420) | $337.08 Billion | 2.16% | 1.65x | $91.08 Million |
| Genie Music Corporation (043610) | $20.15 Billion | -11.83% | 0.38x | $70.38 Million |
| NHN Bugs Corp (104200) | $63.07 Billion | 8.56% | 0.43x | $40.27 Million |
| Asia Economy Daily Co Ltd (127710) | $39.19 Billion | 15.31% | 0.50x | $32.07 Million |
About Wanted Lab Inc.
Wantedlab, Inc. operates an AI-powered recruiting platform in South Korea. The company also offers Wanted Space to manage various HR tasks, including attendance, payroll, electronic approval, and contracts through automation; WantedGeeks to connect with the right freelancer through AI matching; and Wanted Insight to manage company information, such as salary, headcount, sales, and reviews from cu… Read more