Chin Hung Int'
ChinHung International, Inc. engages in the civil engineering, architectural work, and construction business in Korea. The company constructs roads, bridges, railways, and ports. It is also involved in the construction and sale of housing projects. The company was founded in 1959 and is headquartered in Incheon, South Korea.
Chin Hung Int' (002780) - Net Assets
Latest net assets as of September 2025: ₩266.76 Billion KRW
Based on the latest financial reports, Chin Hung Int' (002780) has net assets worth ₩266.76 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 (₩520.19 Billion) and total liabilities (₩253.44 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 | ₩266.76 Billion |
| % of Total Assets | 51.28% |
| Annual Growth Rate | 5.3% |
| 5-Year Change | 125.72% |
| 10-Year Change | 307.16% |
| Growth Volatility | 68.98 |
Chin Hung Int' - Net Assets Trend (2002–2024)
This chart illustrates how Chin Hung Int''s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chin Hung Int' (2002–2024)
The table below shows the annual net assets of Chin Hung Int' from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩268.27 Billion | +0.14% |
| 2023-12-31 | ₩267.89 Billion | +19.20% |
| 2022-12-31 | ₩224.73 Billion | +31.46% |
| 2021-12-31 | ₩170.95 Billion | +43.84% |
| 2020-12-31 | ₩118.85 Billion | +22.01% |
| 2019-12-31 | ₩97.41 Billion | +23.61% |
| 2018-12-31 | ₩78.80 Billion | +3.86% |
| 2017-12-31 | ₩75.87 Billion | +858.08% |
| 2016-12-31 | ₩-10.01 Billion | -115.19% |
| 2015-12-31 | ₩65.89 Billion | -40.04% |
| 2014-12-31 | ₩109.89 Billion | +212.65% |
| 2013-12-31 | ₩35.15 Billion | -66.95% |
| 2012-12-31 | ₩106.35 Billion | +1083.06% |
| 2011-12-31 | ₩-10.82 Billion | -105.94% |
| 2010-12-31 | ₩181.99 Billion | -22.85% |
| 2009-12-31 | ₩235.91 Billion | -3.50% |
| 2008-12-31 | ₩244.46 Billion | +48.76% |
| 2007-12-31 | ₩164.33 Billion | +25.65% |
| 2006-12-31 | ₩130.79 Billion | +53.52% |
| 2003-12-31 | ₩85.19 Billion | -1.00% |
| 2002-12-31 | ₩86.05 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chin Hung Int''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 18662533664000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩186.63 Billion | 69.57% |
| Other Components | ₩81.64 Billion | 30.43% |
| Total Equity | ₩268.27 Billion | 100.00% |
Chin Hung Int' Competitors by Market Cap
The table below lists competitors of Chin Hung Int' ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cypark Resources Berhad
KLSE:5184
|
$41.04 Million |
|
WINS Co. Ltd
KQ:136540
|
$41.05 Million |
|
Scage Future American Depositary Shares
NASDAQ:SCAG
|
$41.06 Million |
|
Wiener Privatbank SE
VI:WPB
|
$41.06 Million |
|
Qrf Comm. VA
F:2QR
|
$41.03 Million |
|
BRISANET ON NM
SA:BRST3
|
$41.01 Million |
|
Northfield Capital Corporation
V:NFD-A
|
$41.00 Million |
|
OPAL Fuels Inc
NASDAQ:OPAL
|
$40.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chin Hung Int''s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 267,890,246,840 to 268,266,216,950, a change of 375,970,110 (0.1%).
- Net income of 2,178,956,380 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.18 Billion | +0.81% |
| Other Changes | ₩-1.80 Billion | -0.67% |
| Total Change | ₩- | 0.14% |
Book Value vs Market Value Analysis
This analysis compares Chin Hung Int''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: 0.44x
- 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 1.54x to 0.44x 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 | ₩522.21 | ₩805.00 | x |
| 2018-12-31 | ₩541.93 | ₩805.00 | x |
| 2019-12-31 | ₩669.89 | ₩805.00 | x |
| 2020-12-31 | ₩817.31 | ₩805.00 | x |
| 2021-12-31 | ₩1175.64 | ₩805.00 | x |
| 2022-12-31 | ₩1545.47 | ₩805.00 | x |
| 2023-12-31 | ₩1842.26 | ₩805.00 | x |
| 2024-12-31 | ₩1844.85 | ₩805.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chin Hung Int' 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): 0.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.30%
- • Asset Turnover: 1.34x
- • Equity Multiplier: 2.03x
- Recent ROE (0.81%) is above the historical average (-8.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 3.22% | 1.30% | 0.72x | 3.45x | ₩-5.77 Billion |
| 2006 | 4.08% | 1.08% | 1.19x | 3.18x | ₩-7.74 Billion |
| 2007 | 3.18% | 0.88% | 0.90x | 4.02x | ₩-11.21 Billion |
| 2013 | -206.07% | -15.10% | 0.98x | 13.88x | ₩-75.94 Billion |
| 2014 | -16.08% | -2.75% | 1.44x | 4.04x | ₩-28.50 Billion |
| 2015 | -65.55% | -5.88% | 1.37x | 8.12x | ₩-49.34 Billion |
| 2016 | 0.00% | -11.63% | 2.14x | 0.00x | ₩-74.22 Billion |
| 2017 | 28.77% | 3.81% | 1.83x | 4.13x | ₩14.24 Billion |
| 2018 | 7.68% | 0.90% | 1.83x | 4.65x | ₩-1.83 Billion |
| 2019 | 20.88% | 3.72% | 1.68x | 3.34x | ₩10.60 Billion |
| 2020 | 17.16% | 5.41% | 1.33x | 2.38x | ₩8.51 Billion |
| 2021 | 31.24% | 12.02% | 1.33x | 1.96x | ₩36.32 Billion |
| 2022 | 22.05% | 7.88% | 1.39x | 2.01x | ₩27.09 Billion |
| 2023 | 16.91% | 5.97% | 1.32x | 2.14x | ₩18.52 Billion |
| 2024 | 0.81% | 0.30% | 1.34x | 2.03x | ₩-24.65 Billion |
Industry Comparison
This section compares Chin Hung Int''s net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $224,605,649,919
- Average return on equity (ROE) among peers: -174.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chin Hung Int' (002780) | ₩266.76 Billion | 3.22% | 0.95x | $41.03 Million |
| Hyundai Engineering & Construction (000720) | $743.93 Billion | 10.45% | 5.60x | $4.83 Billion |
| Nam Kwang Cons (001260) | $66.30 Billion | 20.76% | 2.08x | $21.76 Million |
| Sambu Const (001470) | $7.67 Billion | -1665.61% | 38.17x | $52.59 Million |
| EE-HWA Construction Co. Ltd (001840) | $42.16 Billion | 3.35% | 0.94x | $11.71 Million |
| Dohwa Engin (002150) | $248.74 Billion | 5.55% | 0.51x | $63.10 Million |
| Bumyang Construction Co Ltd (002410) | $197.87 Billion | 1.56% | 1.59x | $28.08 Million |
| Hwa Sung Ind (002460) | $222.16 Billion | 11.63% | 1.93x | $48.66 Million |
| Chinhung International Inc (002785) | $224.73 Billion | 22.05% | 1.01x | $172.54 Million |
| Chinhung International Inc. Pfd. Series 2 (002787) | $267.89 Billion | 16.91% | 1.14x | $432.23 Million |