Wemade Max Co. Ltd
Wemade Max Co., Ltd. develops and offers mobile games worldwide. It provides games, such as Windrunner, Candypang, Wind Soul, Hero Stone, God of GoStop, and Silkroad. The company was formerly known as JOYMAX Co.,Ltd. and changed its name to Wemade Max Co., Ltd. in March 2021. The company was founded in 1997 and is based in Seongnam, South Korea.
Wemade Max Co. Ltd (101730) - Total Assets
Latest total assets as of September 2025: ₩582.18 Billion KRW
Based on the latest financial reports, Wemade Max Co. Ltd (101730) holds total assets worth ₩582.18 Billion KRW 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.
Wemade Max Co. Ltd - Total Assets Trend (2011–2024)
This chart illustrates how Wemade Max Co. Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wemade Max Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Wemade Max Co. Ltd's total assets of ₩582.18 Billion consist of 32.9% current assets and 67.1% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩121.49 Billion | 0.0% |
| Accounts Receivable | ₩22.80 Billion | 3.8% |
| Inventory | ₩0.00 | 0.0% |
| Property, Plant & Equipment | ₩12.92 Billion | 2.2% |
| Intangible Assets | ₩128.22 Billion | 21.5% |
| Goodwill | ₩224.12 Billion | 37.5% |
Asset Composition Trend (2011–2024)
This chart illustrates how Wemade Max Co. Ltd'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Wemade Max Co. Ltd's current assets represent 32.9% of total assets in 2024, an increase from 0.0% in 2011.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 20.1% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 58.0% of total assets, an increase from 29.0% in 2011.
- Asset Diversification: The largest asset category is goodwill at 37.5% of total assets.
Wemade Max Co. Ltd Competitors by Total Assets
Key competitors of Wemade Max Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
NEOWIZ
KQ:095660
|
Korea | ₩664.58 Billion |
|
Draw Distance SA
WAR:DDI
|
Poland | zł11.14 Million |
|
Daishin Information & Communications Co.Ltd
KQ:020180
|
Korea | ₩155.15 Billion |
|
PLAYWITH Inc
KQ:023770
|
Korea | ₩34.18 Billion |
|
Dragonfly GF Co. Ltd
KQ:030350
|
Korea | ₩23.28 Billion |
|
UBcare. Co. Ltd
KQ:032620
|
Korea | ₩230.43 Billion |
|
Softcen Co. Ltd
KQ:032680
|
Korea | ₩92.81 Billion |
|
InfoBank Corporation
KQ:039290
|
Korea | ₩98.96 Billion |
Wemade Max Co. Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Wemade Max Co. Ltd generates 0.13x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Wemade Max Co. Ltd is currently not profitable relative to its asset base.
Wemade Max Co. Ltd - 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 | 3.08 | 1.43 | 3.61 |
| Quick Ratio | 3.08 | 1.43 | 3.61 |
| Cash Ratio | 0.00 | 0.88 | 0.00 |
| Working Capital | ₩117.77 Billion | ₩ 18.65 Billion | ₩ 20.22 Billion |
Wemade Max Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Wemade Max Co. Ltd'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 | 0.90 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 360.0% |
| Total Assets | ₩597.58 Billion |
| Market Capitalization | $41.64 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wemade Max Co. Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Wemade Max Co. Ltd's assets grew by 360.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Wemade Max Co. Ltd (2011–2024)
The table below shows the annual total assets of Wemade Max Co. Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩597.58 Billion | +360.05% |
| 2023-12-31 | ₩129.90 Billion | +5.81% |
| 2022-12-31 | ₩122.77 Billion | +129.76% |
| 2021-12-31 | ₩53.43 Billion | +26.81% |
| 2020-12-31 | ₩42.14 Billion | +55.07% |
| 2019-12-31 | ₩27.17 Billion | -34.37% |
| 2018-12-31 | ₩41.40 Billion | -49.70% |
| 2017-12-31 | ₩82.31 Billion | -10.62% |
| 2016-12-31 | ₩92.09 Billion | -3.77% |
| 2015-12-31 | ₩95.70 Billion | -11.36% |
| 2014-12-31 | ₩107.96 Billion | -9.73% |
| 2013-12-31 | ₩119.60 Billion | +10.65% |
| 2012-12-31 | ₩108.08 Billion | +0.60% |
| 2011-12-31 | ₩107.44 Billion | -- |