Wi2Wi Corporation
Wi2Wi Corporation manufactures and sells wireless connectivity solutions, precision timing devices, frequency control products, and microwave filters in the United States and internationally. It offers timing and frequency control products, including clock oscillators, crystals, crystal filters, and RF and microwave filters; wireless connectivity solutions, such as multi-protocol, Wi-Fi, and Blue… Read more
Wi2Wi Corporation (YTY) - Net Assets
Latest net assets as of September 2025: CA$2.82 Million CAD
Based on the latest financial reports, Wi2Wi Corporation (YTY) has net assets worth CA$2.82 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$8.56 Million) and total liabilities (CA$5.74 Million). 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 | CA$2.82 Million |
| % of Total Assets | 32.95% |
| Annual Growth Rate | 10.65% |
| 5-Year Change | -53.67% |
| 10-Year Change | -43.95% |
| Growth Volatility | 119.47 |
Wi2Wi Corporation - Net Assets Trend (2014–2024)
This chart illustrates how Wi2Wi Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wi2Wi Corporation (2014–2024)
The table below shows the annual net assets of Wi2Wi Corporation from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$3.10 Million | -21.98% |
| 2023-12-31 | CA$3.98 Million | -24.68% |
| 2022-12-31 | CA$5.28 Million | -18.96% |
| 2021-12-31 | CA$6.51 Million | -2.73% |
| 2020-12-31 | CA$6.70 Million | -7.49% |
| 2019-12-31 | CA$7.24 Million | +14.05% |
| 2018-12-31 | CA$6.35 Million | +5.62% |
| 2017-12-31 | CA$6.01 Million | +6.43% |
| 2016-12-31 | CA$5.65 Million | +2.01% |
| 2015-12-31 | CA$5.54 Million | +390.78% |
| 2014-12-31 | CA$1.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wi2Wi Corporation'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 decreased by 223200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$33.41 Million | 1076.86% |
| Total Equity | CA$3.10 Million | 100.00% |
Wi2Wi Corporation Competitors by Market Cap
The table below lists competitors of Wi2Wi Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WeCapital Holdings, Inc.
PINK:WCHD
|
$1.81 Million |
|
DO & CO (DOQ.SG)
STU:DOQ
|
$1.81 Million |
|
Mandala Multifinance Tbk
JK:MFIN
|
$1.81 Million |
|
Guardian Exploration Inc
OTCQB:GXUSF
|
$1.81 Million |
|
Kia Lim Bhd
KLSE:6211
|
$1.81 Million |
|
Observe Medical Asa
OL:OBSRV
|
$1.80 Million |
|
Adial Pharmaceuticals Inc
NASDAQ:ADIL
|
$1.80 Million |
|
Filament Health Corp
OTCQB:FLHLF
|
$1.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wi2Wi Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,977,000 to 3,103,000, a change of -874,000 (-22.0%).
- Net loss of 1,341,000 reduced equity.
- New share issuances of 392,000 increased equity.
- Other factors increased equity by 75,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.34 Million | -43.22% |
| Share Issuances | CA$392.00K | +12.63% |
| Other Changes | CA$75.00K | +2.42% |
| Total Change | CA$- | -21.98% |
Book Value vs Market Value Analysis
This analysis compares Wi2Wi Corporation'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: 0.80x
- 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 increased from 0.36x to 0.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.04 | CA$0.02 | x |
| 2018-12-31 | CA$0.04 | CA$0.02 | x |
| 2019-12-31 | CA$0.05 | CA$0.02 | x |
| 2020-12-31 | CA$0.04 | CA$0.02 | x |
| 2021-12-31 | CA$0.04 | CA$0.02 | x |
| 2022-12-31 | CA$0.03 | CA$0.02 | x |
| 2023-12-31 | CA$0.03 | CA$0.02 | x |
| 2024-12-31 | CA$0.02 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wi2Wi Corporation 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): -43.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.24%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 3.02x
- Recent ROE (-43.22%) is below the historical average (9.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 178.99% | 25.09% | 0.82x | 8.67x | CA$1.91 Million |
| 2015 | 29.26% | 11.32% | 1.86x | 1.39x | CA$1.07 Million |
| 2016 | 0.12% | 0.07% | 1.32x | 1.35x | CA$-557.70K |
| 2017 | 2.26% | 1.42% | 1.19x | 1.35x | CA$-465.00K |
| 2018 | 2.25% | 1.47% | 1.16x | 1.32x | CA$-491.80K |
| 2019 | 7.68% | 5.36% | 0.81x | 1.77x | CA$-168.00K |
| 2020 | -8.78% | -8.49% | 0.63x | 1.65x | CA$-1.26 Million |
| 2021 | -3.13% | -3.16% | 0.61x | 1.63x | CA$-855.50K |
| 2022 | -23.41% | -18.03% | 0.76x | 1.71x | CA$-1.76 Million |
| 2023 | -33.32% | -20.89% | 0.90x | 1.78x | CA$-1.72 Million |
| 2024 | -43.22% | -21.24% | 0.67x | 3.02x | CA$-1.65 Million |
Industry Comparison
This section compares Wi2Wi Corporation's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $2,471,541
- Average return on equity (ROE) among peers: 86.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wi2Wi Corporation (YTY) | CA$2.82 Million | 178.99% | 2.03x | $1.81 Million |
| Ironman International Ltd. (IMI) | $2.47 Million | 86.88% | 1.65x | $793.26 |