Wooshin System (017370) - Total Assets
Based on the latest financial reports, Wooshin System (017370) holds total assets worth ₩386.89 Billion KRW (≈ $262.19 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore 017370 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Wooshin System - Total Assets Trend (2008–2024)
This chart illustrates how Wooshin System's total assets have evolved over time, based on quarterly financial data. See 017370 total equity for net asset value and shareholders' equity analysis.
Wooshin System - Asset Composition Analysis
Current Asset Composition (December 2024)
Wooshin System's total assets of ₩386.89 Billion consist of 64.0% current assets and 36.1% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 4.5% |
| Accounts Receivable | ₩147.24 Billion | 34.0% |
| Inventory | ₩32.23 Billion | 7.4% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩3.65 Billion | 0.8% |
| Goodwill | ₩850.46 Million | 0.2% |
Asset Composition Trend (2008–2024)
This chart illustrates how Wooshin System's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market value of Wooshin System.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Wooshin System's current assets represent 64.0% of total assets in 2024, an increase from 0.0% in 2008.
- Cash Position: Cash and equivalents constituted 4.5% of total assets in 2024, down from 7.6% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 34.0% of total assets.
Wooshin System Competitors by Total Assets
Key competitors of Wooshin System based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bridgestone Corporation
F:BGTA
|
Germany | €5.75 Trillion |
|
Autoliv Inc
ST:ALIV-SDB
|
Sweden | Skr8.52 Billion |
|
Autoliv Inc.
F:LIV
|
Germany | €8.47 Billion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Yapp Automotive Systems Co Ltd
SHG:603013
|
China | CN¥7.57 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥35.31 Billion |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
|
China | CN¥8.27 Billion |
Wooshin System - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.96 | 0.91 | 0.94 |
| Quick Ratio | 0.87 | 0.78 | 0.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩-7.63 Billion | ₩-27.23 Billion | ₩-10.46 Billion |
Wooshin System - Advanced Valuation Insights
This section examines the relationship between Wooshin System's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.62 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 14.0% |
| Total Assets | ₩433.75 Billion |
| Market Capitalization | $39.10 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wooshin System's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Wooshin System's assets grew by 14.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Wooshin System (2008–2024)
The table below shows the annual total assets of Wooshin System from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩433.75 Billion ≈ $293.95 Million |
+14.01% |
| 2023-12-31 | ₩380.46 Billion ≈ $257.83 Million |
+34.67% |
| 2022-12-31 | ₩282.52 Billion ≈ $191.46 Million |
-8.75% |
| 2021-12-31 | ₩309.61 Billion ≈ $209.82 Million |
-5.56% |
| 2020-12-31 | ₩327.83 Billion ≈ $222.17 Million |
+4.82% |
| 2019-12-31 | ₩312.74 Billion ≈ $211.94 Million |
+5.23% |
| 2018-12-31 | ₩297.19 Billion ≈ $201.40 Million |
+2.65% |
| 2017-12-31 | ₩289.53 Billion ≈ $196.21 Million |
+14.68% |
| 2016-12-31 | ₩252.48 Billion ≈ $171.10 Million |
-1.76% |
| 2015-12-31 | ₩257.00 Billion ≈ $174.16 Million |
+24.73% |
| 2014-12-31 | ₩206.05 Billion ≈ $139.63 Million |
-0.04% |
| 2013-12-31 | ₩206.12 Billion ≈ $139.69 Million |
+33.22% |
| 2012-12-31 | ₩154.72 Billion ≈ $104.85 Million |
+0.49% |
| 2011-12-31 | ₩153.97 Billion ≈ $104.34 Million |
+27.06% |
| 2010-12-31 | ₩121.18 Billion ≈ $82.12 Million |
+14.12% |
| 2009-12-31 | ₩106.19 Billion ≈ $71.96 Million |
+2.42% |
| 2008-12-31 | ₩103.68 Billion ≈ $70.26 Million |
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About Wooshin System
Wooshin Systems Co., Ltd. develops, manufactures, and sells automotive body assembly systems and body parts in South Korea and internationally. The company offers engineering solutions comprising automotive system design and after sales services; electric vehicle batteries for battery and electric vehicle manufacturers; and retractors, retractor pretensioners, active seat belts, buckles, lap pret… Read more