GRIDWIZ
Gridwiz Co.,Ltd. provides demand management and solar operation management services. It offers energy management, energy transition, smart charging, and e-mobility communication solutions. The company also engages in the sale of electric vehicle modems, chargers, and renewable energy. It provides a power management system and software for operating energy storage systems. In addition, the company… Read more
GRIDWIZ (453450) - Net Assets
Latest net assets as of March 2025: ₩127.98 Billion KRW
Based on the latest financial reports, GRIDWIZ (453450) has net assets worth ₩127.98 Billion KRW as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩160.13 Billion) and total liabilities (₩32.15 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 | ₩127.98 Billion |
| % of Total Assets | 79.92% |
| Annual Growth Rate | 200.25% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 182.59 |
GRIDWIZ - Net Assets Trend (2022–2024)
This chart illustrates how GRIDWIZ's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GRIDWIZ (2022–2024)
The table below shows the annual net assets of GRIDWIZ from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩130.51 Billion | +69.01% |
| 2023-12-31 | ₩77.22 Billion | +434.20% |
| 2022-12-31 | ₩14.46 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to GRIDWIZ'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 129542330000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩874.17 Million | 0.67% |
| Common Stock | ₩1.59 Billion | 1.22% |
| Other Components | ₩128.05 Billion | 98.11% |
| Total Equity | ₩130.51 Billion | 100.00% |
GRIDWIZ Competitors by Market Cap
The table below lists competitors of GRIDWIZ ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AML3D Ltd
AU:AL3
|
$51.84 Million |
|
Kalray SA
PA:ALKAL
|
$51.84 Million |
|
Shotspotter Inc
NASDAQ:SSTI
|
$51.85 Million |
|
BioLargo Inc
OTCQX:BLGO
|
$51.87 Million |
|
Kronos Bio Inc
NASDAQ:KRON
|
$51.83 Million |
|
JASTECH Ltd
KQ:090470
|
$51.82 Million |
|
CoTec Holdings Corp.
V:CTH
|
$51.82 Million |
|
Lavras Gold Corp.
OTCQX:LGCFF
|
$51.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GRIDWIZ's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 77,220,913,210 to 130,511,505,800, a change of 53,290,592,590 (69.0%).
- Net loss of 3,013,922,210 reduced equity.
- Share repurchases of 54,541,575,760 reduced equity.
- Other factors increased equity by 110,846,090,560.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-3.01 Billion | -2.31% |
| Share Repurchases | ₩54.54 Billion | -41.79% |
| Other Changes | ₩110.85 Billion | +84.93% |
| Total Change | ₩- | 69.01% |
Book Value vs Market Value Analysis
This analysis compares GRIDWIZ'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: 1.16x
- 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 10.43x to 1.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩1819.96 | ₩18980.00 | x |
| 2023-12-31 | ₩9722.19 | ₩18980.00 | x |
| 2024-12-31 | ₩16431.53 | ₩18980.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GRIDWIZ 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): -2.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.42%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.29x
- Recent ROE (-2.31%) is below the historical average (0.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -1.59% | -0.17% | 1.03x | 8.89x | ₩-1.68 Billion |
| 2023 | 5.58% | 3.27% | 1.08x | 1.58x | ₩-3.41 Billion |
| 2024 | -2.31% | -2.42% | 0.74x | 1.29x | ₩-16.07 Billion |
Industry Comparison
This section compares GRIDWIZ's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $5,885,751,880,295
- Average return on equity (ROE) among peers: 1.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GRIDWIZ (453450) | ₩127.98 Billion | -1.59% | 0.25x | $51.84 Million |
| Doosan (000150) | $3.17 Trillion | 2.32% | 4.42x | $7.78 Billion |
| Doosan Pref Shs (000155) | $7.71 Trillion | -7.18% | 2.91x | $3.91 Billion |
| Doosan Co Ltd (000157) | $7.15 Trillion | -1.64% | 3.04x | $833.50 Million |
| Hanwha Corp. Pfd. Series 1 (000885) | $13.65 Trillion | -2.09% | 9.67x | $738.15 Million |
| Hanwha Corp Preferred (00088K) | $14.23 Trillion | 3.46% | 9.88x | $892.93 Million |
| Cj Corp Pref (001045) | $9.86 Trillion | 2.09% | 1.39x | $914.06 Million |
| LX International Corp (001120) | $654.45 Billion | 14.28% | 3.82x | $773.58 Million |
| Kg Chemical (001390) | $192.43 Billion | 3.19% | 1.23x | $130.84 Million |
| SK Networks Co Ltd (001740) | $2.25 Trillion | 1.54% | 2.91x | $348.44 Million |
| Hanchang (005110) | $3.47 Billion | 0.00% | 16.09x | $12.60 Million |