Hite Jinro
HITEJINRO Co., Ltd. manufactures and sells alcoholic beverages in South Korea. It provides beer, soju, bottled water, and other products. The company was formerly known as Jinro Ltd and changed its name to HITEJINRO Co., Ltd. in September 2011. HITEJINRO Co., Ltd. is headquartered in Seoul, South Korea.
Hite Jinro (000080) - Net Assets
Latest net assets as of September 2025: ₩1.20 Trillion KRW
Based on the latest financial reports, Hite Jinro (000080) has net assets worth ₩1.20 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩3.44 Trillion) and total liabilities (₩2.24 Trillion). 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 | ₩1.20 Trillion |
| % of Total Assets | 34.93% |
| Annual Growth Rate | 2.95% |
| 5-Year Change | 7.0% |
| 10-Year Change | -13.22% |
| Growth Volatility | 33.39 |
Hite Jinro - Net Assets Trend (2009–2024)
This chart illustrates how Hite Jinro's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hite Jinro (2009–2024)
The table below shows the annual net assets of Hite Jinro from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.15 Trillion | +3.01% |
| 2023-12-31 | ₩1.12 Trillion | -3.89% |
| 2022-12-31 | ₩1.16 Trillion | +6.21% |
| 2021-12-31 | ₩1.09 Trillion | +1.76% |
| 2020-12-31 | ₩1.07 Trillion | +3.98% |
| 2019-12-31 | ₩1.03 Trillion | -11.11% |
| 2018-12-31 | ₩1.16 Trillion | -4.53% |
| 2017-12-31 | ₩1.22 Trillion | -5.76% |
| 2016-12-31 | ₩1.29 Trillion | -2.47% |
| 2015-12-31 | ₩1.32 Trillion | -0.25% |
| 2014-12-31 | ₩1.33 Trillion | -3.99% |
| 2013-12-31 | ₩1.38 Trillion | -1.84% |
| 2012-12-31 | ₩1.41 Trillion | -1.00% |
| 2011-12-31 | ₩1.42 Trillion | +129.38% |
| 2010-12-31 | ₩620.49 Billion | -16.49% |
| 2009-12-31 | ₩743.00 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hite Jinro'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 grown by 34061303200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩340.61 Billion | 30.23% |
| Other Components | ₩786.23 Billion | 69.77% |
| Total Equity | ₩1.13 Trillion | 100.00% |
Hite Jinro Competitors by Market Cap
The table below lists competitors of Hite Jinro ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rezolve AI Limited Ordinary Shares
NASDAQ:RZLV
|
$363.86 Million |
|
Channel Well Technology Co Ltd
TWO:3078
|
$363.94 Million |
|
Industrial Logistics Properties Trust
NASDAQ:ILPT
|
$363.96 Million |
|
Hubei Xiangyuan New Material Technology Inc.
SHE:300980
|
$363.98 Million |
|
Helen of Troy Ltd
NASDAQ:HELE
|
$363.75 Million |
|
Shenzhen Hifuture Electric
SHE:002168
|
$363.75 Million |
|
Triductor Technology (Suzhou) Inc.
SHG:688259
|
$363.69 Million |
|
Tsukishima Holdings Co., Ltd.
F:QO3
|
$363.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hite Jinro's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,095,137,801,560 to 1,126,847,810,710, a change of 31,710,009,150 (2.9%).
- Net income of 95,866,949,180 contributed positively to equity growth.
- Dividend payments of 66,114,486,750 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩95.87 Billion | +8.51% |
| Dividends Paid | ₩66.11 Billion | -5.87% |
| Other Changes | ₩1.96 Billion | +0.17% |
| Total Change | ₩- | 2.90% |
Book Value vs Market Value Analysis
This analysis compares Hite Jinro'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: 1.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩17725.15 | ₩16800.00 | x |
| 2018-12-31 | ₩16922.93 | ₩16800.00 | x |
| 2019-12-31 | ₩15040.61 | ₩16800.00 | x |
| 2020-12-31 | ₩15641.71 | ₩16800.00 | x |
| 2021-12-31 | ₩15915.79 | ₩16800.00 | x |
| 2022-12-31 | ₩16906.27 | ₩16800.00 | x |
| 2023-12-31 | ₩15952.61 | ₩16800.00 | x |
| 2024-12-31 | ₩16414.53 | ₩16800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hite Jinro 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): 8.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.69%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 3.05x
- Recent ROE (8.51%) is above the historical average (5.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 16.59% | 12.58% | 0.67x | 1.95x | ₩48.95 Billion |
| 2010 | 9.82% | 5.89% | 0.73x | 2.29x | ₩-1.09 Billion |
| 2011 | 4.84% | 5.01% | 0.38x | 2.51x | ₩-73.42 Billion |
| 2012 | 7.25% | 5.02% | 0.58x | 2.50x | ₩-38.70 Billion |
| 2013 | 5.63% | 4.10% | 0.53x | 2.57x | ₩-60.37 Billion |
| 2014 | 1.50% | 1.07% | 0.55x | 2.58x | ₩-112.80 Billion |
| 2015 | 4.04% | 2.79% | 0.55x | 2.62x | ₩-78.57 Billion |
| 2016 | 2.97% | 2.03% | 0.56x | 2.63x | ₩-90.75 Billion |
| 2017 | 1.04% | 0.67% | 0.54x | 2.88x | ₩-109.00 Billion |
| 2018 | 1.92% | 1.18% | 0.55x | 2.95x | ₩-93.93 Billion |
| 2019 | -4.10% | -2.08% | 0.62x | 3.17x | ₩-145.60 Billion |
| 2020 | 8.07% | 3.84% | 0.68x | 3.07x | ₩-20.68 Billion |
| 2021 | 6.57% | 3.26% | 0.61x | 3.32x | ₩-37.52 Billion |
| 2022 | 7.50% | 3.48% | 0.75x | 2.87x | ₩-29.06 Billion |
| 2023 | 3.26% | 1.41% | 0.75x | 3.07x | ₩-73.87 Billion |
| 2024 | 8.51% | 3.69% | 0.76x | 3.05x | ₩-16.82 Billion |
Industry Comparison
This section compares Hite Jinro's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.
Industry Context
- Industry: Beverages - Wineries & Distilleries
- Average net assets among peers: $186,173,419,812
- Average return on equity (ROE) among peers: 5.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hite Jinro (000080) | ₩1.20 Trillion | 16.59% | 1.86x | $363.76 Million |
| Bohae Brewery (000890) | $125.07 Billion | 6.23% | 8.38x | $30.42 Million |
| Changhae Ethanol Co. Ltd (004650) | $130.90 Billion | 9.93% | 0.50x | $32.47 Million |
| Mhethanol Co. Ltd. (023150) | $52.79 Billion | -0.36% | 0.62x | $9.40 Million |
| Muhak Co. Ltd (033920) | $435.94 Billion | 6.61% | 0.28x | $60.75 Million |