Hyundai Mar&Fi

KO:001450 Korea Insurance - Property & Casualty
Market Cap
$1.61 Billion
₩2.36 Trillion KRW
Market Cap Rank
#6604 Global
#130 in Korea
Share Price
₩30100.00
Change (1 day)
+3.08%
52-Week Range
₩19960.00 - ₩38800.00
All Time High
₩38800.00
Categories
Companies in Korea Insurance - Property & Casualty
About

Hyundai Marine & Fire Insurance Co., Ltd. provides non-life insurance and other related insurance services in South Korea and internationally. The company offers automobile/driver, health/child, property, annuity/savings, fire, marine, accident, engineering, workers' compensation, and liability insurance products. It also engages in the building and facility management, asset management, investme… Read more

Hyundai Mar&Fi (001450) - Net Assets

Latest net assets as of September 2025: ₩5.11 Trillion KRW

Based on the latest financial reports, Hyundai Mar&Fi (001450) has net assets worth ₩5.11 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 (₩50.71 Trillion) and total liabilities (₩45.60 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 ₩5.11 Trillion
% of Total Assets 10.07%
Annual Growth Rate 14.05%
5-Year Change -1.28%
10-Year Change 89.53%
Growth Volatility 20.2

Hyundai Mar&Fi - Net Assets Trend (1999–2024)

This chart illustrates how Hyundai Mar&Fi's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Hyundai Mar&Fi (1999–2024)

The table below shows the annual net assets of Hyundai Mar&Fi from 1999 to 2024.

Year Net Assets Change
2024-12-31 ₩4.74 Trillion -21.67%
2023-12-31 ₩6.06 Trillion +43.28%
2022-12-31 ₩4.23 Trillion -15.61%
2021-12-31 ₩5.01 Trillion +4.23%
2020-12-31 ₩4.80 Trillion +6.52%
2019-12-31 ₩4.51 Trillion +9.18%
2018-12-31 ₩4.13 Trillion +33.11%
2017-12-31 ₩3.10 Trillion +8.97%
2016-12-31 ₩2.85 Trillion +13.80%
2015-12-31 ₩2.50 Trillion +5.50%
2014-12-31 ₩2.37 Trillion +15.57%
2013-12-31 ₩2.05 Trillion -4.55%
2012-12-31 ₩2.15 Trillion +20.74%
2011-12-31 ₩1.78 Trillion +53.17%
2010-12-31 ₩1.16 Trillion +9.09%
2009-12-31 ₩1.07 Trillion +27.63%
2008-12-31 ₩835.25 Billion +27.09%
2007-12-31 ₩657.20 Billion +38.44%
2006-12-31 ₩474.73 Billion +0.81%
2005-12-31 ₩470.93 Billion +3.44%
2004-12-31 ₩455.27 Billion +18.47%
2003-12-31 ₩384.31 Billion +26.09%
2002-12-31 ₩304.78 Billion +23.74%
2001-12-31 ₩246.31 Billion +62.70%
2000-12-31 ₩151.39 Billion -14.55%
1999-12-31 ₩177.16 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Hyundai Mar&Fi'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 26553.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩7.07 Trillion 149.06%
Total Equity ₩4.74 Trillion 100.00%

Hyundai Mar&Fi Competitors by Market Cap

The table below lists competitors of Hyundai Mar&Fi ranked by their market capitalization.

Company Market Cap
Ushio Inc
PINK:UHOIF
 		$1.19 Billion
Vaisala Oyj
PINK:VAIAF
 		$1.19 Billion
Charter Hall Long WALE REIT
PINK:CHLWF
 		$1.19 Billion
Zhejiang Jolly Pharmaceutical Co Ltd
SHE:300181
 		$1.19 Billion
Borr Drilling Ltd
NYSE:BORR
 		$1.19 Billion
Angang Steel Co Ltd Class A
SHE:000898
 		$1.19 Billion
Redwire Corp
NYSE:RDW
 		$1.19 Billion
Bodycote plc
PINK:BYPLF
 		$1.19 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hyundai Mar&Fi's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,055,391,876,260 to 4,743,378,658,000, a change of -1,312,013,218,260 (-21.7%).
  • Net income of 850,533,055,880 contributed positively to equity growth.
  • Dividend payments of 161,769,113,500 reduced retained earnings.
  • Other factors decreased equity by 2,000,777,160,640.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩850.53 Billion +17.93%
Dividends Paid ₩161.77 Billion -3.41%
Other Changes ₩-2.00 Trillion -42.18%
Total Change ₩- -21.67%

Book Value vs Market Value Analysis

This analysis compares Hyundai Mar&Fi'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: 0.50x
  • 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 0.77x to 0.50x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 ₩38925.33 ₩30100.00 x
2018-12-31 ₩51813.23 ₩30100.00 x
2019-12-31 ₩56567.10 ₩30100.00 x
2020-12-31 ₩60500.96 ₩30100.00 x
2021-12-31 ₩63865.87 ₩30100.00 x
2022-12-31 ₩53895.57 ₩30100.00 x
2023-12-31 ₩77222.86 ₩30100.00 x
2024-12-31 ₩60491.09 ₩30100.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hyundai Mar&Fi 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): 17.93%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.98%
  • • Asset Turnover: 0.29x
  • • Equity Multiplier: 10.23x
  • Recent ROE (17.93%) is above the historical average (14.39%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 7.44% 0.62% 0.72x 16.66x ₩-4.54 Billion
2001 51.02% 4.72% 0.68x 15.82x ₩101.05 Billion
2002 14.76% 1.67% 0.61x 14.54x ₩14.49 Billion
2003 13.16% 1.78% 0.57x 12.97x ₩12.16 Billion
2004 15.16% 2.23% 0.55x 12.29x ₩23.49 Billion
2005 9.31% 1.18% 0.59x 13.34x ₩-3.25 Billion
2006 8.89% 0.93% 0.63x 15.26x ₩-5.29 Billion
2007 26.09% 3.19% 0.62x 13.19x ₩105.75 Billion
2008 13.79% 1.91% 0.62x 11.64x ₩31.62 Billion
2009 17.31% 2.53% 0.64x 10.71x ₩77.93 Billion
2010 13.84% 2.03% 0.59x 11.59x ₩44.30 Billion
2011 23.29% 4.23% 0.54x 10.24x ₩234.86 Billion
2012 16.04% 3.24% 0.49x 10.05x ₩128.92 Billion
2013 10.26% 2.36% 0.36x 12.06x ₩5.24 Billion
2014 9.90% 2.02% 0.41x 12.06x ₩-2.27 Billion
2015 8.48% 1.70% 0.38x 13.10x ₩-37.95 Billion
2016 14.39% 2.77% 0.40x 13.01x ₩125.04 Billion
2017 14.96% 3.10% 0.37x 13.05x ₩154.04 Billion
2018 9.04% 2.46% 0.34x 10.67x ₩-39.61 Billion
2019 5.97% 1.66% 0.35x 10.29x ₩-181.90 Billion
2020 6.91% 2.26% 0.30x 10.24x ₩-148.61 Billion
2021 8.64% 2.80% 0.29x 10.55x ₩-68.23 Billion
2022 13.60% 3.48% 0.32x 12.36x ₩151.94 Billion
2023 9.49% 4.22% 0.31x 7.28x ₩-31.09 Billion
2024 17.93% 5.98% 0.29x 10.23x ₩376.20 Billion

Industry Comparison

This section compares Hyundai Mar&Fi's net assets metrics with peer companies in the Insurance - Property & Casualty industry.

Industry Context

  • Industry: Insurance - Property & Casualty
  • Average net assets among peers: $3,863,969,046,180
  • Average return on equity (ROE) among peers: 11.85%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hyundai Mar&Fi (001450) ₩5.11 Trillion 7.44% 8.93x $1.19 Billion
Hanwha General (000370) $2.95 Trillion 11.62% 5.72x $254.60 Million
Lotte Non-Life (000400) $501.39 Billion 5.79% 21.13x $70.04 Million
Heungkuk F&M I (000540) $75.00 Billion 0.00% 12.74x $40.96 Million
Heungkuk Fire & Marine Insurance Co Ltd (000545) $629.34 Billion 13.55% 16.72x $59.09 Million
Samsung Fire & Marine Insurance (000810) $9.54 Trillion 8.23% 5.10x $11.53 Billion
Samsung Fire And Marine Ins Pref (000815) $7.89 Trillion 6.49% 5.27x $9.48 Billion
DB Insurance Co Ltd (005830) $5.46 Trillion 37.24% 10.81x $5.53 Billion