Chinhung International Inc. Pfd. Series 2 (002787) - Net Assets
Based on the latest financial reports, Chinhung International Inc. Pfd. Series 2 (002787) has net assets worth ₩266.76 Billion KRW (≈ $180.78 Million USD) 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 ≈ $352.53 Million USD) and total liabilities (₩253.44 Billion ≈ $171.75 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. Check how tangible is Chinhung International Inc. Pfd. Series 's equity to evaluate the tangible quality of the company's equity base.
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. See Chinhung International Inc. Pfd. Series liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see 002787 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩268.27 Billion ≈ $181.80 Million |
+0.14% |
| 2023-12-31 | ₩267.89 Billion ≈ $181.55 Million |
+19.20% |
| 2022-12-31 | ₩224.73 Billion ≈ $152.30 Million |
+31.46% |
| 2021-12-31 | ₩170.95 Billion ≈ $115.85 Million |
+43.84% |
| 2020-12-31 | ₩118.85 Billion ≈ $80.54 Million |
+22.01% |
| 2019-12-31 | ₩97.41 Billion ≈ $66.01 Million |
+23.61% |
| 2018-12-31 | ₩78.80 Billion ≈ $53.40 Million |
+3.86% |
| 2017-12-31 | ₩75.87 Billion ≈ $51.42 Million |
+858.08% |
| 2016-12-31 | ₩-10.01 Billion ≈ $-6.78 Million |
-115.19% |
| 2015-12-31 | ₩65.89 Billion ≈ $44.65 Million |
-40.04% |
| 2014-12-31 | ₩109.89 Billion ≈ $74.47 Million |
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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 |
|---|---|
|
Labrador Technologies Inc
V:LTX
|
$1.43 Million |
|
Cho Thavee Public Company Limited
BK:CHO
|
$1.43 Million |
|
Reneuco Berhad
KLSE:7130
|
$1.43 Million |
|
Peel Hunt Ltd
LSE:PEEL
|
$1.43 Million |
|
Sentul City Tbk
JK:BKSL
|
$1.42 Million |
|
Vision Marine Technologies Inc
NASDAQ:VMAR
|
$1.42 Million |
|
Stayble Therapeutics AB
ST:STABL
|
$1.42 Million |
|
Niraj Ispat Industries Limited
NSE:NIRAJISPAT
|
$1.42 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: 3.86x
- 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 13.65x to 3.86x 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 | ₩7130.00 | x |
| 2018-12-31 | ₩541.93 | ₩7130.00 | x |
| 2019-12-31 | ₩669.89 | ₩7130.00 | x |
| 2020-12-31 | ₩817.31 | ₩7130.00 | x |
| 2021-12-31 | ₩1175.64 | ₩7130.00 | x |
| 2022-12-31 | ₩1545.47 | ₩7130.00 | x |
| 2023-12-31 | ₩1842.26 | ₩7130.00 | x |
| 2024-12-31 | ₩1844.85 | ₩7130.00 | 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: $1,810,931,547,742
- Average return on equity (ROE) among peers: -26.56%
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 | $1.42 Million |
| Hyundai Engineering & Construction (000720) | $5.13 Trillion | 8.59% | 1.86x | $10.05 Billion |
| Hyundai Engineering & Construction Co Ltd (000725) | $10.46 Trillion | 5.13% | 1.27x | $40.88 Million |
| Nam Kwang Cons (001260) | $39.44 Billion | -195.31% | 5.07x | $57.12 Million |
| Sambu Const (001470) | $102.13 Billion | -108.19% | 4.03x | $54.01 Million |
| Dohwa Engin (002150) | $142.08 Billion | 20.26% | 1.01x | $119.59 Million |
| Bumyang Construction Co Ltd (002410) | $43.23 Billion | 2.55% | 1.87x | $36.03 Million |
| Hwa Sung Ind (002460) | $184.09 Billion | 3.05% | 2.98x | $86.85 Million |
| Chin Hung Int' (002780) | $78.80 Billion | 7.68% | 3.65x | $87.90 Million |
| Chinhung International Inc (002785) | $118.85 Billion | 17.16% | 1.38x | $1.90 Million |
About 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.