Chinhung International Inc. Pfd. Series 2
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.
Chinhung International Inc. Pfd. Series 2 (002787) - Net Assets
Latest net assets as of September 2025: ₩266.76 Billion KRW
Based on the latest financial reports, Chinhung International Inc. Pfd. Series 2 (002787) 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 | 9.33% |
| 5-Year Change | 125.72% |
| 10-Year Change | 307.16% |
| Growth Volatility | 46.18 |
Chinhung International Inc. Pfd. Series 2 - Net Assets Trend (2014–2024)
This chart illustrates how Chinhung International Inc. Pfd. Series 2's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chinhung International Inc. Pfd. Series 2 (2014–2024)
The table below shows the annual net assets of Chinhung International Inc. Pfd. Series 2 from 2014 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 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chinhung International Inc. Pfd. Series 2'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 22041792917000.0% 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% |
Chinhung International Inc. Pfd. Series 2 Competitors by Market Cap
The table below lists competitors of Chinhung International Inc. Pfd. Series 2 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SCOR PK
PINK:SCRYY
|
$432.24 Million |
|
Bichamp Cutting Technology Hunan Co Ltd
SHE:002843
|
$432.29 Million |
|
Zhengzhou Coal Industry & Electric Power Co Ltd
SHG:600121
|
$432.36 Million |
|
DukSan Neolux Co.Ltd
KQ:213420
|
$432.37 Million |
|
Surya Esa Perkasa Tbk
JK:ESSA
|
$432.22 Million |
|
Gr. Sarantis S.A
PINK:SRTSF
|
$432.15 Million |
|
Sunflower Pharmaceuticals Group Co Ltd
SHE:002737
|
$432.08 Million |
|
NORTHRIM BA. DL-01
F:NRI
|
$432.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chinhung International Inc. Pfd. Series 2'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 Chinhung International Inc. Pfd. Series 2'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: 4.60x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 16.24x to 4.60x 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 | ₩8480.00 | x |
| 2018-12-31 | ₩541.93 | ₩8480.00 | x |
| 2019-12-31 | ₩669.89 | ₩8480.00 | x |
| 2020-12-31 | ₩817.31 | ₩8480.00 | x |
| 2021-12-31 | ₩1175.64 | ₩8480.00 | x |
| 2022-12-31 | ₩1545.47 | ₩8480.00 | x |
| 2023-12-31 | ₩1842.26 | ₩8480.00 | x |
| 2024-12-31 | ₩1844.85 | ₩8480.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chinhung International Inc. Pfd. Series 2 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 below the historical average (5.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 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 Chinhung International Inc. Pfd. Series 2's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $203,596,083,240
- Average return on equity (ROE) among peers: -175.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chinhung International Inc. Pfd. Series 2 (002787) | ₩266.76 Billion | -16.08% | 0.95x | $432.23 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 |
| Chin Hung Int' (002780) | $78.80 Billion | 7.68% | 3.65x | $41.03 Million |
| Chinhung International Inc (002785) | $224.73 Billion | 22.05% | 1.01x | $172.54 Million |