Hankook Tire Worldwide (000240) - Net Assets

Latest as of September 2025: ₩4.59 Trillion KRW ≈ $3.11 Billion USD

Based on the latest financial reports, Hankook Tire Worldwide (000240) has net assets worth ₩4.59 Trillion KRW (≈ $3.11 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩5.04 Trillion ≈ $3.42 Billion USD) and total liabilities (₩452.41 Billion ≈ $306.59 Million USD). 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. Also explore balance sheet size of Hankook Tire Worldwide for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩4.59 Trillion
% of Total Assets	91.03%
Annual Growth Rate	6.59%
5-Year Change	27.21%
10-Year Change	73.49%
Growth Volatility	38.27

Hankook Tire Worldwide - Net Assets Trend (2000–2024)

This chart illustrates how Hankook Tire Worldwide's net assets have evolved over time, based on quarterly financial data. Check how tangible is Hankook Tire Worldwide's equity to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Hankook Tire Worldwide (2000–2024)

The table below shows the annual net assets of Hankook Tire Worldwide from 2000 to 2024. For live valuation and market cap data, see market value of Hankook Tire Worldwide.

Year	Net Assets	Change
2024-12-31	₩4.45 Trillion ≈ $3.02 Billion	+10.86%
2023-12-31	₩4.02 Trillion ≈ $2.72 Billion	+4.16%
2022-12-31	₩3.86 Trillion ≈ $2.61 Billion	+3.24%
2021-12-31	₩3.74 Trillion ≈ $2.53 Billion	+6.71%
2020-12-31	₩3.50 Trillion ≈ $2.37 Billion	+3.13%
2019-12-31	₩3.39 Trillion ≈ $2.30 Billion	+4.89%
2018-12-31	₩3.24 Trillion ≈ $2.19 Billion	+8.00%
2017-12-31	₩3.00 Trillion ≈ $2.03 Billion	+4.42%
2016-12-31	₩2.87 Trillion ≈ $1.94 Billion	+11.80%
2015-12-31	₩2.57 Trillion ≈ $1.74 Billion	+6.27%
2014-12-31	₩2.42 Trillion ≈ $1.64 Billion	+6.33%
2013-12-31	₩2.27 Trillion ≈ $1.54 Billion	+175.23%
2012-12-31	₩825.25 Billion ≈ $559.26 Million	-74.34%
2011-12-31	₩3.22 Trillion ≈ $2.18 Billion	+27.12%
2010-12-31	₩2.53 Trillion ≈ $1.71 Billion	+19.73%
2009-12-31	₩2.11 Trillion ≈ $1.43 Billion	+19.55%
2008-12-31	₩1.77 Trillion ≈ $1.20 Billion	+3.42%
2007-12-31	₩1.71 Trillion ≈ $1.16 Billion	+9.47%
2006-12-31	₩1.56 Trillion ≈ $1.06 Billion	+10.19%
2005-12-31	₩1.42 Trillion ≈ $960.34 Million	+14.26%
2004-12-31	₩1.24 Trillion ≈ $840.46 Million	+12.03%
2003-12-31	₩1.11 Trillion ≈ $750.23 Million	+8.78%
2002-12-31	₩1.02 Trillion ≈ $689.70 Million	+4.02%
2001-12-31	₩978.38 Billion ≈ $663.03 Million	+1.60%
2000-12-31	₩962.98 Billion ≈ $652.60 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hankook Tire Worldwide'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 234895955400000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩2.35 Trillion	52.75%
Common Stock	₩47.47 Billion	1.07%
Other Comprehensive Income	₩660.52 Billion	14.83%
Other Components	₩1.40 Trillion	31.35%
Total Equity	₩4.45 Trillion	100.00%

Hankook Tire Worldwide Competitors by Market Cap

The table below lists competitors of Hankook Tire Worldwide ranked by their market capitalization.

Company	Market Cap
Guangdong Homa Appliances Co Ltd SHE:002668	$1.61 Billion
Allied Gold Corporation NYSE:AAUC	$1.61 Billion
Shenzhen Agricultural Products Co Ltd SHE:000061	$1.61 Billion
Abcellera Biologics Inc NASDAQ:ABCL	$1.61 Billion
BaoViet Holdings VN:BVH	$1.61 Billion
Zhejiang Dayuan Pumps Ind Co SHG:603757	$1.61 Billion
Shaanxi Aerospace Power Hi-Tech Co Ltd SHG:600343	$1.61 Billion
TECNOGLASS INC. DL-0001 F:7FH	$1.61 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hankook Tire Worldwide's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 4,016,691,459,000 to 4,452,873,418,000, a change of 436,181,959,000 (10.9%).
Net income of 350,713,050,000 contributed positively to equity growth.
Dividend payments of 86,192,494,000 reduced retained earnings.
Other comprehensive income decreased equity by 321,471,344,000.
Other factors increased equity by 493,132,747,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩350.71 Billion	+7.88%
Dividends Paid	₩86.19 Billion	-1.94%
Other Comprehensive Income	₩-321.47 Billion	-7.22%
Other Changes	₩493.13 Billion	+11.07%
Total Change	₩-	10.86%

Book Value vs Market Value Analysis

This analysis compares Hankook Tire Worldwide'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: 0.53x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 2.22x to 0.53x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-12-31	₩11263.23	₩25050.00	x
2008-12-31	₩11451.01	₩25050.00	x
2009-12-31	₩13774.99	₩25050.00	x
2010-12-31	₩16395.87	₩25050.00	x
2011-12-31	₩22080.66	₩25050.00	x
2012-12-31	₩7776.95	₩25050.00	x
2013-12-31	₩38675.30	₩25050.00	x
2014-12-31	₩26341.64	₩25050.00	x
2015-12-31	₩27984.38	₩25050.00	x
2016-12-31	₩30570.96	₩25050.00	x
2017-12-31	₩31854.70	₩25050.00	x
2018-12-31	₩34345.55	₩25050.00	x
2019-12-31	₩35948.64	₩25050.00	x
2020-12-31	₩36963.17	₩25050.00	x
2021-12-31	₩39686.68	₩25050.00	x
2022-12-31	₩40622.34	₩25050.00	x
2023-12-31	₩42376.87	₩25050.00	x
2024-12-31	₩47011.90	₩25050.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hankook Tire Worldwide 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): 7.88%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 25.21%
• Asset Turnover: 0.27x
• Equity Multiplier: 1.15x
Recent ROE (7.88%) is below the historical average (23.58%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	2.59%	1.49%	0.63x	2.77x	₩-67.79 Billion
2001	3.18%	1.65%	0.71x	2.71x	₩-64.14 Billion
2002	7.45%	3.66%	0.82x	2.49x	₩-25.09 Billion
2003	9.23%	4.40%	0.84x	2.49x	₩-8.30 Billion
2004	14.86%	6.87%	0.93x	2.32x	₩58.85 Billion
2005	15.48%	7.32%	1.00x	2.12x	₩75.86 Billion
2006	10.82%	5.21%	0.96x	2.16x	₩12.57 Billion
2007	9.32%	4.34%	0.87x	2.47x	₩-11.31 Billion
2008	-1.20%	-0.45%	0.83x	3.19x	₩-188.60 Billion
2009	17.11%	6.65%	1.03x	2.50x	₩142.20 Billion
2010	18.39%	7.53%	1.01x	2.42x	₩199.83 Billion
2011	11.10%	5.48%	0.87x	2.32x	₩35.13 Billion
2012	397.17%	14838.79%	0.02x	1.18x	₩3.20 Trillion
2013	7.05%	242.35%	0.03x	1.04x	₩-66.98 Billion
2014	7.61%	259.80%	0.03x	1.04x	₩-57.68 Billion
2015	6.73%	240.92%	0.03x	1.04x	₩-83.96 Billion
2016	9.33%	52.58%	0.16x	1.10x	₩-18.81 Billion
2017	5.80%	23.95%	0.22x	1.11x	₩-122.56 Billion
2018	6.57%	24.42%	0.24x	1.11x	₩-107.87 Billion
2019	4.81%	18.72%	0.23x	1.09x	₩-170.98 Billion
2020	4.00%	16.52%	0.22x	1.12x	₩-203.32 Billion
2021	5.28%	20.47%	0.24x	1.09x	₩-176.40 Billion
2022	4.31%	15.15%	0.25x	1.12x	₩-219.62 Billion
2023	4.66%	17.18%	0.23x	1.16x	₩-214.43 Billion
2024	7.88%	25.21%	0.27x	1.15x	₩-94.57 Billion

Industry Comparison

This section compares Hankook Tire Worldwide's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

Industry: Auto Parts
Average net assets among peers: $476,214,099,082
Average return on equity (ROE) among peers: 4.22%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hankook Tire Worldwide (000240)	₩4.59 Trillion	2.59%	0.10x	$1.61 Billion
Daewonkangup (000430)	$486.18 Billion	6.48%	1.40x	$148.74 Million
SG Choongbang Co Ltd (001380)	$93.04 Billion	0.00%	2.31x	$41.99 Million
Tae Won Mulsan (001420)	$28.96 Billion	-0.28%	0.29x	$14.46 Million
Dongkook Ind (001620)	$225.93 Billion	11.30%	2.39x	$159.89 Million
PS Tec. Co. Ltd (002230)	$129.92 Billion	3.00%	0.19x	$52.13 Million
Nexen Tire (002350)	$933.36 Billion	12.88%	1.71x	$447.06 Million
Nexen Tire Prf 1 (002355)	$1.87 Trillion	6.75%	1.44x	$17.09 Million
Dayou A-Tech (002880)	$189.70 Billion	-7.93%	5.96x	$24.50 Million
Yoo Sung Ent (002920)	$327.23 Billion	5.81%	0.31x	$30.45 Million

About Hankook Tire Worldwide

KO:000240 Korea Auto Parts

Market Cap

$1.61 Billion

₩2.37 Trillion KRW

Market Cap Rank

#6801 Global

#168 in Korea

Share Price

₩25050.00

Change (1 day)

-1.57%

52-Week Range

₩21300.00 - ₩34650.00

All Time High

₩34650.00