Wonik Holdings Discloses Business Group Status: Group Revenue 2.6T KRW, Net Profit 207.6B... Holding Company Operating Loss and Capital Erosion at Some Subsidiaries
Wonik Holdings disclosed its business group status as of May 28, 2026, revealing group financials, changes in affiliate composition, and internal transactions.
The group (45 financial and non-financial companies) maintained a stable capital structure: total assets of 5.2564 trillion KRW, equity of 3.665 trillion KRW, and a debt ratio of 43.42%. For the last fiscal year, group revenue reached 2.6415 trillion KRW, operating profit 172.6 billion KRW, and net profit 207.6 billion KRW.
Holding company Wonik Holdings reported individual assets of 1.04224 trillion KRW, liabilities of 416.4 billion, equity of 625.9 billion, and a debt ratio of 66.53%. Although net profit was 15.2 billion KRW, operating profit turned to a loss of -20.5 billion KRW.
Affiliate changes: 8 new companies were added and 10 were removed, resulting in a net decrease of 2. Six affiliates, including Wonik D2I (display driver IC design) and GoodDoc (healthcare platform), are in capital erosion, posing investment risks.
Internal transactions: the holding company lent 31.6 billion KRW to affiliates, and Wonik QnC provided 616.4 billion KRW in debt guarantees for Momentive Technologies Holding Company, indicating active intra-group fund and guarantee flows.
KOSDAQ Filing Information
Filing: Large Corporate Group Status Disclosure [Annual and Q1 Filing (Representative Company)]