Wesure Global Tech Ltd (WESR) - Net Assets
Based on the latest financial reports, Wesure Global Tech Ltd (WESR) has net assets worth ILA1.60 Billion ILA (≈ $4.29 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 (ILA19.30 Billion ≈ $51.73 Million USD) and total liabilities (ILA17.70 Billion ≈ $47.44 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. Read Wesure Global Tech Ltd (WESR) financial obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA1.60 Billion |
| % of Total Assets | 8.3% |
| Annual Growth Rate | 82.54% |
| 5-Year Change | 3070.32% |
| 10-Year Change | N/A |
| Growth Volatility | 151.59 |
Wesure Global Tech Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Wesure Global Tech Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Wesure Global Tech Ltd for the complete picture of this company's asset base.
Annual Net Assets for Wesure Global Tech Ltd (2018–2024)
The table below shows the annual net assets of Wesure Global Tech Ltd from 2018 to 2024. For live valuation and market cap data, see market cap of Wesure Global Tech Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA864.74 Million ≈ $2.32 Million |
+43.27% |
| 2023-12-31 | ILA603.56 Million ≈ $1.62 Million |
+14.79% |
| 2022-12-31 | ILA525.81 Million ≈ $1.41 Million |
+334.88% |
| 2021-12-31 | ILA120.91 Million ≈ $324.15K |
+343.28% |
| 2020-12-31 | ILA27.28 Million ≈ $73.13K |
+11.14% |
| 2019-12-31 | ILA24.54 Million ≈ $65.79K |
+5.06% |
| 2018-12-31 | ILA23.36 Million ≈ $62.62K |
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Equity Component Analysis
This analysis shows how different components contribute to Wesure Global Tech 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 6558900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA59.15 Million | 8.35% |
| Common Stock | ILA473.44 Million | 66.83% |
| Other Components | ILA175.88 Million | 24.83% |
| Total Equity | ILA708.47 Million | 100.00% |
Wesure Global Tech Ltd Competitors by Market Cap
The table below lists competitors of Wesure Global Tech Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aspen Group
AU:APZ
|
$781.28 Million |
|
FastPartner AB (publ)
ST:FPAR-A
|
$781.41 Million |
|
Suzhou Alton Electrical & Mechanical Industry Co. Ltd.
SHE:301187
|
$781.54 Million |
|
Rpmglobal Holdings Ltd
AU:RUL
|
$782.09 Million |
|
Zhejiang Tieliu Clutch Co Ltd
SHG:603926
|
$780.35 Million |
|
Allied Circuit Co Ltd
TWO:8155
|
$780.10 Million |
|
Runner Xiamen Corp
SHG:603408
|
$780.03 Million |
|
Cantaloupe Inc
NASDAQ:CTLP
|
$779.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wesure Global Tech Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 540,912,000 to 708,473,000, a change of 167,561,000 (31.0%).
- Net income of 91,298,000 contributed positively to equity growth.
- Share repurchases of 18,254,000 reduced equity.
- New share issuances of 75,440,000 increased equity.
- Other factors increased equity by 19,077,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA91.30 Million | +12.89% |
| Share Repurchases | ILA18.25 Million | -2.58% |
| Share Issuances | ILA75.44 Million | +10.65% |
| Other Changes | ILA19.08 Million | +2.69% |
| Total Change | ILA- | 30.98% |
Book Value vs Market Value Analysis
This analysis compares Wesure Global Tech 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: 334.94x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3916.58x to 334.94x 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 | ILA0.52 | ILA2030.00 | x |
| 2019-12-31 | ILA0.48 | ILA2030.00 | x |
| 2020-12-31 | ILA0.42 | ILA2030.00 | x |
| 2021-12-31 | ILA1.89 | ILA2030.00 | x |
| 2022-12-31 | ILA5.60 | ILA2030.00 | x |
| 2023-12-31 | ILA4.85 | ILA2030.00 | x |
| 2024-12-31 | ILA6.06 | ILA2030.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wesure Global Tech 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): 12.89%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.99%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 26.98x
- Recent ROE (12.89%) is above the historical average (2.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -18.09% | -2212.57% | 0.00x | 3.10x | ILA-6.56 Million |
| 2019 | -1.50% | -0.88% | 0.22x | 7.70x | ILA-2.82 Million |
| 2020 | 8.17% | 2.24% | 0.21x | 17.75x | ILA-499.60K |
| 2021 | 4.32% | 3.28% | 0.18x | 7.31x | ILA-6.87 Million |
| 2022 | 3.88% | 1.38% | 0.08x | 33.28x | ILA-30.80 Million |
| 2023 | 7.19% | 1.03% | 0.21x | 32.62x | ILA-15.19 Million |
| 2024 | 12.89% | 1.99% | 0.24x | 26.98x | ILA20.45 Million |
Industry Comparison
This section compares Wesure Global Tech Ltd's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $129,943,500
- Average return on equity (ROE) among peers: 7.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wesure Global Tech Ltd (WESR) | ILA1.60 Billion | -18.09% | 11.05x | $780.94 Million |
| Libra Insurance Company Ltd (LBRA) | $35.59 Million | 9.28% | 6.97x | $236.42 Million |
| Zur Shamir Holdings Ltd (ZUR) | $224.30 Million | 6.30% | 9.01x | $203.33 Million |
About Wesure Global Tech Ltd
Wesure Global Tech Ltd, together with its subsidiaries, engages in developing, characterizing, initiating, licensing, and marketing or technologies for digital platforms in the insurance and finance industry worldwide. It offers various insurance products, such as motor, property motor, liability, property, contractors', and other general insurance. The company also provides fire, engineering, co… Read more