Woori Financial Group Inc
Woori Financial Group Inc., together with its subsidiaries, operates as a commercial bank which provides various financial services to individual, business, and institutional customers in Korea. The company operates through Banking, Credit Card, Capital, Investment Securities, and Others segments. It offers savings, demand, and installment deposits; time deposits, certificates of deposit, and rep… Read more
Woori Financial Group Inc (WF) - Net Assets
Latest net assets as of September 2025: $37.15 Trillion USD
Based on the latest financial reports, Woori Financial Group Inc (WF) has net assets worth $37.15 Trillion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($586.96 Trillion) and total liabilities ($549.80 Trillion). 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 | $37.15 Trillion |
| % of Total Assets | 6.33% |
| Annual Growth Rate | 43.58% |
| 5-Year Change | 34.31% |
| 10-Year Change | 85.89% |
| Growth Volatility | 20205.34 |
Woori Financial Group Inc - Net Assets Trend (2010–2024)
This chart illustrates how Woori Financial Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Woori Financial Group Inc (2010–2024)
The table below shows the annual net assets of Woori Financial Group Inc from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $35.90 Trillion | +7.48% |
| 2023-12-31 | $33.40 Trillion | +5.60% |
| 2022-12-31 | $31.63 Trillion | +9.63% |
| 2021-12-31 | $28.85 Trillion | +7.95% |
| 2020-12-31 | $26.73 Trillion | +4.84% |
| 2019-12-31 | $25.49 Trillion | +16.12% |
| 2018-12-31 | $21.95 Trillion | +6.75% |
| 2017-12-31 | $20.56 Trillion | +21.18% |
| 2016-12-31 | $16.97 Trillion | -12.11% |
| 2015-12-31 | $19.31 Trillion | +6.72% |
| 2014-12-31 | $18.09 Trillion | +78454.36% |
| 2013-12-31 | $23.03 Billion | +0.13% |
| 2012-12-31 | $23.00 Billion | +4.21% |
| 2011-12-31 | $22.07 Billion | -90.26% |
| 2010-12-31 | $226.68 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Woori Financial Group 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 2695051000000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $26.95 Trillion | 79.04% |
| Common Stock | $3.80 Trillion | 11.15% |
| Other Comprehensive Income | $2.45 Trillion | 7.17% |
| Other Components | $898.58 Billion | 2.64% |
| Total Equity | $34.10 Trillion | 100.00% |
Woori Financial Group Inc Competitors by Market Cap
The table below lists competitors of Woori Financial Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
InterContinental Hotels Group PLC
PINK:ICHGF
|
$14.04 Billion |
|
Xian LONGi Silicon Materials Corp
SHG:601012
|
$14.05 Billion |
|
The Kansai Electric Power Company Incorporated
F:KPO
|
$14.05 Billion |
|
Rocket Companies Inc
NYSE:RKT
|
$14.05 Billion |
|
QXO, Inc.
NYSE:QXO
|
$14.02 Billion |
|
Lincoln Electric Holdings Inc
NASDAQ:LECO
|
$14.00 Billion |
|
The Cooper Companies, Inc
NASDAQ:COO
|
$13.97 Billion |
|
CIMB Group Holdings Bhd
KLSE:1023
|
$13.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Woori Financial Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 31,666,881,000,000 to 34,096,836,000,000, a change of 2,429,955,000,000 (7.7%).
- Net income of 3,085,995,000,000 contributed positively to equity growth.
- Dividend payments of 878,330,000,000 reduced retained earnings.
- Share repurchases of 136,699,000,000 reduced equity.
- New share issuances of 4,834,000,000 increased equity.
- Other comprehensive income increased equity by 463,547,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.09 Trillion | +9.05% |
| Dividends Paid | $878.33 Billion | -2.58% |
| Share Repurchases | $136.70 Billion | -0.4% |
| Share Issuances | $4.83 Billion | +0.01% |
| Other Comprehensive Income | $463.55 Billion | +1.36% |
| Other Changes | $-109.39 Billion | -0.32% |
| Total Change | $- | 7.67% |
Book Value vs Market Value Analysis
This analysis compares Woori Financial Group 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: 0.00x
- 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 1.97x to 0.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $34.01 | $66.95 | x |
| 2013-12-31 | $34.06 | $66.95 | x |
| 2014-12-31 | $25046.66 | $66.95 | x |
| 2015-12-31 | $28511.85 | $66.95 | x |
| 2016-12-31 | $74149.42 | $66.95 | x |
| 2017-12-31 | $89827.82 | $66.95 | x |
| 2018-12-31 | $95888.29 | $66.95 | x |
| 2019-12-31 | $94138.80 | $66.95 | x |
| 2020-12-31 | $31918.37 | $66.95 | x |
| 2021-12-31 | $35672.83 | $66.95 | x |
| 2022-12-31 | $39523.49 | $66.95 | x |
| 2023-12-31 | $129183.50 | $66.95 | x |
| 2024-12-31 | $137993.03 | $66.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Woori Financial Group 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): 9.05%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.98%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 15.42x
- Recent ROE (9.05%) is below the historical average (430.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 4943.25% | 24.97% | 13.98x | 14.16x | $1.13 Trillion |
| 2013 | 575.75% | 4.03% | 10.06x | 14.20x | $130.31 Billion |
| 2014 | 2.14% | 8.44% | 0.02x | 15.02x | $-1.41 Trillion |
| 2015 | 4.56% | 7.91% | 0.04x | 15.21x | $-1.04 Trillion |
| 2016 | 7.50% | 12.94% | 0.03x | 18.48x | $-419.86 Billion |
| 2017 | 7.42% | 14.30% | 0.03x | 15.53x | $-524.44 Billion |
| 2018 | 9.35% | 17.69% | 0.03x | 15.66x | $-140.81 Billion |
| 2019 | 8.70% | 15.07% | 0.03x | 16.83x | $-278.83 Billion |
| 2020 | 5.67% | 19.04% | 0.02x | 17.31x | $-998.09 Billion |
| 2021 | 9.84% | 20.33% | 0.03x | 17.30x | $-41.36 Billion |
| 2022 | 11.08% | 18.33% | 0.04x | 16.71x | $310.58 Billion |
| 2023 | 7.91% | 26.38% | 0.02x | 15.73x | $-660.39 Billion |
| 2024 | 9.05% | 11.98% | 0.05x | 15.42x | $-323.69 Billion |
Industry Comparison
This section compares Woori Financial Group Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Woori Financial Group Inc (WF) | $37.15 Trillion | 4943.25% | 14.80x | $14.03 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |