Hwacheon Mac
Hwacheon Machine Tool Co., Ltd. engages in the manufacture and sale of metal machine tools and kitchenware in South Korea, the United States, Japan, Europe, and internationally. It offers machining and turning centers; automobile parts, such as cylinder block and head, and crank shaft; large-size, SMART, and FSW machines; metal 3D printer; and software solutions. The company also provides materia… Read more
Hwacheon Mac (000850) - Net Assets
Latest net assets as of September 2025: ₩338.43 Billion KRW
Based on the latest financial reports, Hwacheon Mac (000850) has net assets worth ₩338.43 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩429.08 Billion) and total liabilities (₩90.65 Billion). 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 | ₩338.43 Billion |
| % of Total Assets | 78.87% |
| Annual Growth Rate | 5.43% |
| 5-Year Change | 13.88% |
| 10-Year Change | 27.88% |
| Growth Volatility | 9.51 |
Hwacheon Mac - Net Assets Trend (2000–2024)
This chart illustrates how Hwacheon Mac's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hwacheon Mac (2000–2024)
The table below shows the annual net assets of Hwacheon Mac from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩337.27 Billion | -2.40% |
| 2023-12-31 | ₩345.55 Billion | +0.08% |
| 2022-12-31 | ₩345.27 Billion | +11.97% |
| 2021-12-31 | ₩308.35 Billion | +4.11% |
| 2020-12-31 | ₩296.16 Billion | -0.17% |
| 2019-12-31 | ₩296.66 Billion | +2.98% |
| 2018-12-31 | ₩288.07 Billion | +3.86% |
| 2017-12-31 | ₩277.36 Billion | +2.19% |
| 2016-12-31 | ₩271.42 Billion | +2.91% |
| 2015-12-31 | ₩263.74 Billion | +5.96% |
| 2014-12-31 | ₩248.92 Billion | +8.28% |
| 2013-12-31 | ₩229.88 Billion | +3.34% |
| 2012-12-31 | ₩222.46 Billion | +6.33% |
| 2011-12-31 | ₩209.21 Billion | -16.21% |
| 2010-12-31 | ₩249.68 Billion | +39.42% |
| 2009-12-31 | ₩179.09 Billion | +4.19% |
| 2008-12-31 | ₩171.89 Billion | +20.50% |
| 2007-12-31 | ₩142.65 Billion | +8.26% |
| 2006-12-31 | ₩131.77 Billion | +9.35% |
| 2005-12-31 | ₩120.50 Billion | +11.16% |
| 2004-12-31 | ₩108.41 Billion | +7.98% |
| 2003-12-31 | ₩100.39 Billion | +5.26% |
| 2002-12-31 | ₩95.38 Billion | -0.18% |
| 2001-12-31 | ₩95.56 Billion | +0.77% |
| 2000-12-31 | ₩94.82 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hwacheon Mac'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 26556457748000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩265.56 Billion | 78.74% |
| Other Components | ₩71.70 Billion | 21.26% |
| Total Equity | ₩337.27 Billion | 100.00% |
Hwacheon Mac Competitors by Market Cap
The table below lists competitors of Hwacheon Mac ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Femasys Inc
NASDAQ:FEMY
|
$28.32 Million |
|
Katapult Holdings Inc
NASDAQ:KPLT
|
$28.33 Million |
|
SRM Entertainment, Inc. Common Stock
NASDAQ:SRM
|
$28.33 Million |
|
Kapsch TrafficCom AG
LSE:0GTO
|
$28.34 Million |
|
BAJEL PROJECTS LTD
NSE:BAJEL
|
$28.31 Million |
|
Afi Properties Ltd
TA:AFPR
|
$28.31 Million |
|
Skarbiec Holding S.A.
WAR:SKH
|
$28.31 Million |
|
NEOOTO Co. Ltd
KQ:212560
|
$28.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hwacheon Mac's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 345,546,637,800 to 337,268,734,420, a change of -8,277,903,380 (-2.4%).
- Net income of 8,654,343,280 contributed positively to equity growth.
- Dividend payments of 2,860,000,000 reduced retained earnings.
- Other factors decreased equity by 14,072,246,660.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩8.65 Billion | +2.57% |
| Dividends Paid | ₩2.86 Billion | -0.85% |
| Other Changes | ₩-14.07 Billion | -4.17% |
| Total Change | ₩- | -2.40% |
Book Value vs Market Value Analysis
This analysis compares Hwacheon Mac'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: 0.24x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩126071.01 | ₩36800.00 | x |
| 2018-12-31 | ₩130939.06 | ₩36800.00 | x |
| 2019-12-31 | ₩134845.41 | ₩36800.00 | x |
| 2020-12-31 | ₩134619.58 | ₩36800.00 | x |
| 2021-12-31 | ₩140158.67 | ₩36800.00 | x |
| 2022-12-31 | ₩156939.00 | ₩36800.00 | x |
| 2023-12-31 | ₩157066.65 | ₩36800.00 | x |
| 2024-12-31 | ₩153303.97 | ₩36800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hwacheon Mac 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): 2.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.89%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.27x
- Recent ROE (2.57%) is below the historical average (6.68%), 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 | 4.65% | 1.66% | 0.61x | 4.60x | ₩-2.52 Billion |
| 2001 | 0.88% | 0.35% | 0.59x | 4.26x | ₩-4.34 Billion |
| 2002 | 1.17% | 0.44% | 0.68x | 3.91x | ₩-4.20 Billion |
| 2003 | 4.91% | 1.88% | 0.81x | 3.23x | ₩-2.81 Billion |
| 2004 | 9.90% | 3.04% | 1.04x | 3.12x | ₩-58.40 Million |
| 2005 | 13.47% | 4.13% | 1.07x | 3.05x | ₩2.36 Billion |
| 2006 | 13.65% | 4.98% | 0.96x | 2.85x | ₩2.79 Billion |
| 2007 | 14.56% | 5.33% | 1.01x | 2.72x | ₩3.76 Billion |
| 2008 | 14.86% | 5.89% | 0.98x | 2.57x | ₩5.19 Billion |
| 2009 | 5.54% | 3.06% | 0.78x | 2.32x | ₩-4.93 Billion |
| 2010 | 8.62% | 4.84% | 0.87x | 2.05x | ₩-2.35 Billion |
| 2011 | 12.92% | 10.72% | 0.81x | 1.49x | ₩6.11 Billion |
| 2012 | 6.90% | 6.39% | 0.78x | 1.38x | ₩-6.90 Billion |
| 2013 | 6.53% | 6.84% | 0.69x | 1.37x | ₩-7.97 Billion |
| 2014 | 8.57% | 8.69% | 0.74x | 1.33x | ₩-3.55 Billion |
| 2015 | 6.07% | 8.03% | 0.58x | 1.29x | ₩-10.36 Billion |
| 2016 | 2.63% | 4.09% | 0.50x | 1.28x | ₩-19.99 Billion |
| 2017 | 3.14% | 4.18% | 0.58x | 1.30x | ₩-19.02 Billion |
| 2018 | 4.39% | 5.87% | 0.56x | 1.34x | ₩-16.15 Billion |
| 2019 | 2.51% | 3.61% | 0.55x | 1.26x | ₩-22.21 Billion |
| 2020 | 1.52% | 2.79% | 0.43x | 1.28x | ₩-25.10 Billion |
| 2021 | 3.02% | 4.57% | 0.48x | 1.38x | ₩-21.52 Billion |
| 2022 | 10.86% | 15.36% | 0.51x | 1.37x | ₩2.96 Billion |
| 2023 | 3.06% | 4.68% | 0.49x | 1.34x | ₩-23.99 Billion |
| 2024 | 2.57% | 3.89% | 0.52x | 1.27x | ₩-25.07 Billion |
Industry Comparison
This section compares Hwacheon Mac's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $112,991,910,384
- Average return on equity (ROE) among peers: 2.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hwacheon Mac (000850) | ₩338.43 Billion | 4.65% | 0.27x | $28.32 Million |
| Daidong Elec (008110) | $88.61 Billion | 9.10% | 0.47x | $11.34 Million |
| Booster Co. Ltd (008470) | $78.71 Billion | -1.57% | 0.22x | $7.43 Million |
| Simpac (009160) | $177.87 Billion | 4.27% | 0.64x | $73.77 Million |
| Kyung Dong Navien Co Ltd (009450) | $187.28 Billion | 5.94% | 0.89x | $260.71 Million |
| Korea Refract (010040) | $108.02 Billion | 5.31% | 0.90x | $5.93 Million |
| Woojin I&S Co Ltd (010400) | $59.84 Billion | 17.27% | 0.32x | $6.85 Million |
| Hwacheon Machi (010660) | $124.59 Billion | -4.92% | 0.27x | $43.29 Million |
| Han Shin Mach (011700) | $89.60 Billion | -1.35% | 0.41x | $87.00 Million |
| STX Corporation (011810) | $102.41 Billion | -13.24% | 6.24x | $45.77 Million |