Wider Planet Inc.
Artist Company Inc. engages in developing mobile and web-based advertising service systems and conducting advertising agency business in South Korea and internationally. The company engages in content business division which offers film and drama production and domestic and international sales distribution; commerce business division involving content creation linked commerce; and DSP business di… Read more
Wider Planet Inc. (321820) - Total Assets
Latest total assets as of September 2025: ₩79.76 Billion KRW
Based on the latest financial reports, Wider Planet Inc. (321820) holds total assets worth ₩79.76 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.
Wider Planet Inc. - Total Assets Trend (2017–2024)
This chart illustrates how Wider Planet Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wider Planet Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Wider Planet Inc.'s total assets of ₩79.76 Billion consist of 51.1% current assets and 48.9% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩17.57 Billion | 33.4% |
| Accounts Receivable | ₩2.67 Billion | 5.1% |
| Inventory | ₩0.00 | 0.0% |
| Property, Plant & Equipment | ₩1.50 Billion | 2.9% |
| Intangible Assets | ₩713.11 Million | 1.4% |
| Goodwill | ₩87.11 Million | 0.2% |
Asset Composition Trend (2017–2024)
This chart illustrates how Wider Planet Inc.'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: Wider Planet Inc.'s current assets represent 51.1% of total assets in 2024, a decrease from 67.0% in 2017.
- Cash Position: Cash and equivalents constituted 33.4% of total assets in 2024, down from 45.4% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 10.0% in 2017.
- Asset Diversification: The largest asset category is cash and equivalents at 33.4% of total assets.
Wider Planet Inc. Competitors by Total Assets
Key competitors of Wider Planet Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Genimous Technology Co Ltd
SHE:000676
|
China | CN¥5.12 Billion |
|
PUC Bhd
KLSE:0007
|
Malaysia | RM188.26 Million |
|
Hunan TV & Broadcast Intermediary Co Ltd
SHE:000917
|
China | CN¥16.44 Billion |
|
Focus Media Information Technology Co Ltd
SHE:002027
|
China | CN¥23.79 Billion |
|
NanJi ECommerce Co Ltd
SHE:002127
|
China | CN¥4.84 Billion |
|
Leo Group Co Ltd
SHE:002131
|
China | CN¥21.89 Billion |
|
Foshan Saturday Shoes Co Ltd
SHE:002291
|
China | CN¥4.97 Billion |
|
Guangdong Advertising Co Ltd
SHE:002400
|
China | CN¥11.09 Billion |
Wider Planet Inc. - 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 - Wider Planet Inc. generates 0.40x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Wider Planet Inc. is currently not profitable relative to its asset base.
Wider Planet Inc. - 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 | 1.25 | 0.85 | 0.60 |
| Quick Ratio | 1.25 | 0.85 | 0.60 |
| Cash Ratio | 0.00 | 0.29 | 0.00 |
| Working Capital | ₩6.11 Billion | ₩ -2.20 Billion | ₩ -2.37 Billion |
Wider Planet Inc. - Advanced Valuation Insights
This section examines the relationship between Wider Planet Inc.'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 | 1.36 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -14.1% |
| Total Assets | ₩52.59 Billion |
| Market Capitalization | $18.44 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wider Planet Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Wider Planet Inc.'s assets decreased by 14.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Wider Planet Inc. (2017–2024)
The table below shows the annual total assets of Wider Planet Inc. from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩52.59 Billion | -14.10% |
| 2023-12-31 | ₩61.23 Billion | +25.00% |
| 2022-12-31 | ₩48.98 Billion | -21.11% |
| 2021-12-31 | ₩62.09 Billion | +732.39% |
| 2020-12-31 | ₩7.46 Billion | -38.97% |
| 2019-12-31 | ₩12.22 Billion | +1.35% |
| 2018-12-31 | ₩12.06 Billion | -13.75% |
| 2017-12-31 | ₩13.98 Billion | -- |